Gates Industrial Corporation Ltd. (GTES)
NYSE: GTES · Real-Time Price · USD
25.48
+0.56 (2.25%)
Jul 30, 2026, 2:30 PM EDT - Market open
GTES Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 28, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 28, 2024 | Dec '22 Dec 31, 2022 | Jan '22 Jan 1, 2022 | Jan '21 Jan 2, 2021 |
Cash & Equivalents | 785.3 | 812.1 | 682 | 578.4 | 658.2 | 521.4 |
Cash & Short-Term Investments | 785.3 | 812.1 | 682 | 578.4 | 658.2 | 521.4 |
Cash Growth | 22.66% | 19.08% | 17.91% | -12.12% | 26.24% | - |
Accounts Receivable | 799.6 | 744.2 | 898.2 | 808.6 | 905.2 | 695 |
Inventory | 685.7 | 700 | 732.8 | 656.2 | 691.9 | 508.2 |
Other Current Assets | 218.8 | 225.2 | 28.6 | 234.2 | 19.1 | 182 |
Total Current Assets | 2,489 | 2,482 | 2,342 | 2,277 | 2,274 | 1,907 |
Net Property, Plant & Equipment | 751.5 | 746.1 | 716.8 | 769.7 | 799.5 | 825.9 |
Other Intangible Assets | 1,159 | 1,192 | 1,293 | 1,490 | 1,686 | 1,789 |
Goodwill | 2,021 | 2,035 | 1,909 | 1,981 | 2,063 | 2,120 |
Other Long-Term Assets | 694.8 | 696.2 | 632 | 673 | 761.3 | 785 |
Total Assets | 7,115 | 7,151 | 6,892 | 7,192 | 7,584 | 7,426 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 28, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 28, 2024 | Dec '22 Dec 31, 2022 | Jan '22 Jan 1, 2022 | Jan '21 Jan 2, 2021 |
Accounts Payable | 396.9 | 433.7 | 606 | 469.6 | - | 417.4 |
Accrued Expenses | 232.1 | 238.5 | - | 222.6 | - | 252.2 |
Current Portion of Long-Term Debt | 30.9 | 36.2 | 44.6 | 36.6 | 38 | 42.7 |
Current Portion of Leases | - | - | 27.8 | - | - | - |
Other Current Liabilities | 18.6 | 27 | 46.4 | 23.5 | 34.1 | 14 |
Total Current Liabilities | 678.5 | 735.4 | 724.8 | 752.3 | 857.6 | 726.3 |
Long-Term Debt | 2,198 | 2,196 | 2,273 | 2,426 | 2,464 | 2,666 |
Long-Term Leases | 135.5 | 124.5 | 135.6 | 121.9 | 125.9 | 113.6 |
Other Long-Term Liabilities | 375.6 | 406 | 316.2 | 447.4 | 552.7 | 735.4 |
Total Long-Term Liabilities | 2,709 | 2,727 | 2,725 | 2,996 | 3,143 | 3,515 |
Total Liabilities | 3,387 | 3,462 | 3,449 | 3,748 | 4,000 | 4,241 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 28, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 28, 2024 | Dec '22 Dec 31, 2022 | Jan '22 Jan 1, 2022 | Jan '21 Jan 2, 2021 |
Common Stock | 2.5 | 2.6 | 2.6 | 2.8 | 2.9 | 2.9 |
Treasury Stock | -16.5 | -37.5 | - | - | - | - |
Additional Paid-in Capital | 2,631 | 2,633 | 57.3 | 2,542 | - | 2,457 |
Accumulated Other Comprehensive Income | -925.4 | -917.1 | 592.2 | -917.8 | - | -805.4 |
Retained Earnings | 1,675 | 1,653 | 2,474 | 1,483 | 2,420 | 1,151 |
Total Common Shareholders' Equity | 3,367 | 3,334 | 3,126 | 3,110 | 3,202 | 2,806 |
Minority Interest | 360.9 | 355.2 | 317 | 333.6 | 382 | 379.3 |
Shareholders' Equity | 3,728 | 3,689 | 3,443 | 3,444 | 3,584 | 3,185 |
Total Liabilities & Equity | 7,115 | 7,151 | 6,892 | 7,192 | 7,584 | 7,426 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 28, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 28, 2024 | Dec '22 Dec 31, 2022 | Jan '22 Jan 1, 2022 | Jan '21 Jan 2, 2021 |
Total Debt | 2,364 | 2,357 | 2,481 | 2,585 | 2,628 | 2,822 |
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 |
Book Value | 3,367 | 3,334 | 3,126 | 3,110 | 3,202 | 2,806 |
Book Value Per Share | 12.98 | 12.80 | 11.81 | 10.81 | 10.77 | 9.60 |
Tangible Book Value | 187.6 | 106.4 | -76 | -361.5 | -546.9 | -1,103 |
Tangible Book Value Per Share | 0.72 | 0.41 | -0.29 | -1.26 | -1.84 | -3.78 |