Gates Industrial Corporation Ltd. (GTES)
NYSE: GTES · Real-Time Price · USD
25.97
+0.08 (0.31%)
Aug 21, 2026, 3:15 PM EDT - Market open

GTES Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Jan '22
Revenue
3,5053,4433,4083,5703,5543,474
Revenue Growth
3.34%1.03%-4.54%0.45%2.30%24.40%
Gross Profit
1,4211,3941,3831,3671,2531,341
Operating Income
518.7528.2511.5494.2399.5497.9
Net Income
363.5251.4194.9232.9220.8297.1
Earnings Per Share
1.410.960.740.840.771.00
EPS Growth
81.08%29.71%-11.95%9.01%-23.14%271.78%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Jan '22
US - Power Transmission
606.6603568.1591.5636.8621.8
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
48.945.53744.445.150.2
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
682.7683.7688724.5733.3615.5
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
65.867.967.871.468.958.3
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)
3,5053,4433,4083,5703,5543,474

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Jan '22
Cash & Investments
826.5812.4695.4750.5611.7658.2
Total Debt
2,3642,3912,5102,6082,6432,745
Net Cash (Debt)
-1,537-1,579-1,814-1,858-2,031-2,086
Net Cash Growth
------
Net Cash Per Share
-5.95-6.06-6.85-6.74-7.06-7.02

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Jan '22
Operating Cash Flow
476.6478.1379.6481265.8382.4
Capital Expenditures
-71.3-73.2-83.1-61.2-77.6-77.7
Free Cash Flow
405.3404.9296.5419.8188.2304.7
Free Cash Flow Growth
20.98%36.56%-29.37%123.06%-38.23%21.49%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Jan '22
Gross Margin
40.53%40.49%40.57%38.28%35.25%38.59%
Operating Margin
14.80%15.34%15.01%13.84%11.24%14.33%
Pretax Margin
9.82%9.88%9.62%7.99%7.25%10.07%
Profit Margin
10.37%7.30%5.72%6.52%6.21%8.55%
FCF Margin
11.56%11.76%8.70%11.76%5.29%8.77%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Jan '22
PE Ratio
18.4022.0627.0115.2214.6015.63
Forward PE
14.2113.9513.5610.2210.2411.96
P/FCF Ratio
16.1713.7017.768.4417.1215.24
PS Ratio
1.871.611.550.990.911.34