Gates Industrial Corporation Ltd. (GTES)
NYSE: GTES · Real-Time Price · USD
25.31
+0.39 (1.57%)
Jul 30, 2026, 12:48 PM EDT - Market open

GTES Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Jan '22
Revenue
-3,4423,4133,5703,5543,474
Revenue Growth
-0.86%-4.41%0.45%2.30%24.40%
Gross Profit
-1,3911,3801,3591,2511,339
Operating Income
-3.5489.4495.2460.1384484.1
Net Income
8233.8214.6232.9220.8297.1
Earnings Per Share
0.960.900.810.840.771.00
EPS Growth
17.07%11.11%-3.57%9.09%-23.00%270.37%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Jan '22
US - Power Transmission
601.3603568.1591.5636.8621.8
North America (excl. US) - Power Transmission
-215.6239.8230.1205.6179.8
South America - Power Transmission
-92.6104.3110.792.171.1
United Kingdom - Power Transmission
51.945.53744.445.150.2
Luxembourg - Power Transmission
-265.8252.7247.8195.4-
EMEA (excl. UK and Luxembourg) - Power Transmission
-345.7337.3382.3402.9-
East Asia and India - Power Transmission
-280.2277.8287.1295.5308.6
Greater China - Power Transmission
-298.7291.1297.3300.3344.2
US - Fluid Power
684.2683.7688724.5733.3615.5
North America (excl. US) - Fluid Power
-167.2195214.3208.8193.8
South America - Fluid Power
-41.938.143.249.737.6
United Kingdom - Fluid Power
64.467.967.871.468.958.3
Luxembourg - Fluid Power
-94.386.688.991.7-
EMEA (excl. UK and Luxembourg) - Fluid Power
-111.4103.8121.6108.3-
East Asia and India - Fluid Power
-8580.679.775.486.3
Greater China - Fluid Power
-44.740.235.444.467.8
Revenue (Total)
-3,4423,4133,5703,5543,474

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2022FY 2021FY 2020
Period EndingMar '26 Dec '25 Dec '24 Dec '22 Jan '22 Jan '21
Cash & Investments
785.3812.1682578.4658.2521.4
Total Debt
2,3642,3572,4812,5852,6282,822
Net Cash (Debt)
-1,579-1,545-1,799-2,007-1,970-2,301
Net Cash Growth
------
Net Cash Per Share
-6.08-5.93-6.80-6.98-6.63-7.88

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Jan '22
Operating Cash Flow
501526.7436.8481265.8382.4
Capital Expenditures
-72.4-73.2-83.1-61.2-77.6-77.7
Free Cash Flow
428.6453.5353.7419.8188.2304.7
Free Cash Flow Growth
32.57%28.22%-15.75%123.06%-38.23%21.49%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Jan '22
Gross Margin
-40.40%40.44%38.06%35.19%38.54%
Operating Margin
-14.22%14.51%12.89%10.80%13.93%
Pretax Margin
-9.18%10.62%7.99%7.25%10.07%
Profit Margin
-7.53%7.04%7.20%6.83%9.54%
FCF Margin
-13.17%10.36%11.76%5.30%8.77%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Jan '22
PE Ratio
26.2323.8625.5215.9814.8215.91
Forward PE
14.5113.9513.5610.2210.2411.96
P/FCF Ratio
15.0212.0014.918.6917.1315.21
PS Ratio
1.871.581.551.020.911.33