Gates Industrial Corporation Ltd. (GTES)
NYSE: GTES · Real-Time Price · USD
25.56
+0.47 (1.87%)
At close: Nov 11, 2026, 4:00 PM EST
25.56
0.00 (0.00%)
After-hours: Nov 11, 2026, 4:15 PM EST
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 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 26, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 28, 2024 | Dec '23 Dec 30, 2023 | Dec '22 Dec 31, 2022 | Jan '22 Jan 1, 2022 |
Cash & Equivalents | 830.8 | 812.1 | 682 | 720.6 | 578.4 | 658.2 |
Trading Asset Securities | 7.6 | 0.3 | 13.4 | 29.9 | 33.3 | - |
Cash & Short-Term Investments | 838.4 | 812.4 | 695.4 | 750.5 | 611.7 | 658.2 |
Cash Growth | 21.35% | 16.83% | -7.34% | 22.69% | -7.07% | 26.24% |
Accounts Receivable | 885.8 | 744.2 | 722.7 | 768.2 | 808.6 | 708.1 |
Other Receivables | 40 | 43.4 | 28.6 | 30.4 | 13 | 19.1 |
Receivables | 925.8 | 787.6 | 751.3 | 798.6 | 821.6 | 727.2 |
Inventory | 812.9 | 700 | 676 | 647.2 | 656.2 | 682.6 |
Prepaid Expenses | 171.4 | 162.3 | 162.1 | 189.2 | 173.4 | 205.1 |
Restricted Cash | - | 2.9 | 2.8 | 3.4 | 3 | 2.7 |
Other Current Assets | 11.7 | 16.3 | 18.4 | 12.4 | 11.5 | 2.9 |
Total Current Assets | 2,760 | 2,482 | 2,306 | 2,401 | 2,277 | 2,279 |
Property, Plant & Equipment | 738.2 | 746.1 | 718.9 | 750.1 | 769.7 | 794.5 |
Long-Term Investments | 23.7 | 1.1 | 0.2 | 11.8 | 32.7 | 7.7 |
Goodwill | 2,026 | 2,035 | 1,909 | 2,039 | 1,981 | 2,063 |
Other Intangible Assets | 1,093 | 1,192 | 1,249 | 1,386 | 1,490 | 1,642 |
Long-Term Deferred Tax Assets | 728.6 | 640 | 553.5 | 622.4 | 600.3 | 639.3 |
Other Long-Term Assets | 65.5 | 55.1 | 50.2 | 44.1 | 40 | 107.6 |
Total Assets | 7,435 | 7,151 | 6,786 | 7,255 | 7,192 | 7,533 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 26, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 28, 2024 | Dec '23 Dec 30, 2023 | Dec '22 Dec 31, 2022 | Jan '22 Jan 1, 2022 |
Accounts Payable | 441.9 | 433.7 | 408.2 | 457.7 | 469.6 | 506.6 |
Accrued Expenses | 270.6 | 191.1 | 216.7 | 208.9 | 133 | 214 |
Current Portion of Long-Term Debt | 30 | 39.3 | 45.3 | 46.4 | 47.3 | 52.3 |
Current Portion of Leases | - | 26.7 | 25.2 | 22.8 | 24.8 | 22 |
Current Income Taxes Payable | 33.7 | 27 | 22.9 | 36.6 | 23.5 | 34.1 |
Other Current Liabilities | 33.7 | 17.6 | 3.2 | 6.9 | 54.1 | 26.9 |
Total Current Liabilities | 809.9 | 735.4 | 721.5 | 779.3 | 752.3 | 855.9 |
Long-Term Debt | 2,191 | 2,201 | 2,312 | 2,429 | 2,449 | 2,554 |
Long-Term Leases | 125 | 124.5 | 127.3 | 110.6 | 121.9 | 116.4 |
Pension & Post-Retirement Benefits | 58.4 | 68.8 | 78 | 83.8 | 76.2 | 106.2 |
Long-Term Deferred Tax Liabilities | 40.9 | 49.3 | 56.8 | 119.4 | 192 | 283.7 |
Other Long-Term Liabilities | 268.5 | 283.6 | 150.6 | 188.9 | 157.1 | 135.5 |
Total Liabilities | 3,494 | 3,462 | 3,446 | 3,711 | 3,748 | 4,052 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 26, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 28, 2024 | Dec '23 Dec 30, 2023 | Dec '22 Dec 31, 2022 | Jan '22 Jan 1, 2022 |
Common Stock | 2.5 | 2.6 | 2.6 | 2.6 | 2.8 | 2.9 |
Additional Paid-In Capital | 2,652 | 2,633 | 2,619 | 2,584 | 2,542 | 2,484 |
Retained Earnings | 1,836 | 1,653 | 1,480 | 1,462 | 1,483 | 1,438 |
Treasury Stock | - | -37.5 | - | - | - | - |
Comprehensive Income & Other | -932 | -917.1 | -1,077 | -828.5 | -917.8 | -825.2 |
Total Common Equity | 3,559 | 3,334 | 3,024 | 3,220 | 3,110 | 3,100 |
Minority Interest | 382.1 | 355.2 | 316.7 | 323.7 | 333.6 | 381.7 |
Shareholders' Equity | 3,941 | 3,689 | 3,340 | 3,544 | 3,444 | 3,481 |
Total Liabilities & Equity | 7,435 | 7,151 | 6,786 | 7,255 | 7,192 | 7,533 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 26, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 28, 2024 | Dec '23 Dec 30, 2023 | Dec '22 Dec 31, 2022 | Jan '22 Jan 1, 2022 |
Total Debt | 2,346 | 2,391 | 2,510 | 2,608 | 2,643 | 2,745 |
Net Cash (Debt) | -1,508 | -1,579 | -1,814 | -1,858 | -2,031 | -2,086 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -5.87 | -6.06 | -6.85 | -6.74 | -7.06 | -7.02 |
Filing Date Shares Outstanding | 251.14 | 253.86 | 255.41 | 264.27 | 282.6 | 291.35 |
Total Common Shares Outstanding | 251.13 | 253.54 | 255.2 | 264.26 | 282.58 | 291.28 |
Working Capital | 1,950 | 1,746 | 1,585 | 1,622 | 1,525 | 1,423 |
Book Value Per Share | 14.17 | 13.15 | 11.85 | 12.19 | 11.01 | 10.64 |
Tangible Book Value | 440.5 | 106.4 | -133.9 | -204.6 | -361.5 | -605.5 |
Tangible Book Value Per Share | 1.75 | 0.42 | -0.52 | -0.77 | -1.28 | -2.08 |
Land | - | 343.2 | 322 | 335 | 321.4 | 329.2 |
Machinery | - | 1,102 | 991.2 | 996.8 | 884.6 | 873.3 |
Construction In Progress | - | 79.7 | 63.3 | 55.1 | 100.9 | 81 |