Gates Industrial Corporation plc (GTES)

GTES Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 28, 2026	Dec 31, 2025	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Jan 1, 2022
Net Income	274.2	276.3	219.9	256.4	242.5	331.3
Depreciation & Amortization	217.3	213.8	216.9	217.5	217.2	222.6
Stock-Based Compensation	27.4	27.2	28.8	27.4	44.3	24.6
Other Adjustments	-69.6	-64.8	-59.9	-100.3	-87.3	-73.8
Change in Receivables	6.5	18.4	8.4	45.6	-129.3	-22.3
Changes in Inventories	39	14.3	-64	24.5	2.9	-192.4
Changes in Accounts Payable	-32.9	4.3	-27.6	-17.8	-15.9	99.6
Changes in Income Taxes Payable	-19.9	-18.6	-0.9	-14.5	-24.4	38.7
Changes in Other Operating Activities	58.9	7.2	58	42.2	15.8	-45.9
Operating Cash Flow	501	478.1	379.6	481	265.8	382.4
Operating Cash Flow Growth	22.82%	25.95%	-21.08%	80.96%	-30.49%	23.75%
Capital Expenditures	-72.4	-73.2	-83.1	-61.2	-77.6	-77.7
Sale of Property, Plant & Equipment	1.6	2.3	12	1.2	-	-
Purchases of Intangible Assets	-36.8	-40.7	-23.6	-10.2	-9.4	-9.3
Purchases of Investments	-	-	-11.3	-	-	-
Proceeds from Sale of Investments	-	-	5	-	-	-
Other Investing Activities	-7.6	-7.4	-3.4	-11.6	-3.7	1
Investing Cash Flow	-115.2	-119	-104.4	-81.8	-90.7	-86
Long-Term Debt Issued	-	-	1,840	100	645	-
Long-Term Debt Repaid	-118.7	-123.4	-1,948	-119.6	-676.9	-91
Net Long-Term Debt Issued (Repaid)	-118.7	-123.4	-108.4	-19.6	-31.9	-91
Issuance of Common Stock	9.1	10.4	14.9	18.7	15.9	4.6
Repurchase of Common Stock	-122.9	-119.3	-176.1	-251.7	-175.9	-10.6
Net Common Stock Issued (Repurchased)	-113.8	-108.9	-161.2	-233	-160	-6
Other Financing Activities	-19.1	-18.8	-17.1	-5.7	-61.2	-51.6
Financing Cash Flow	-251.6	-251.1	-286.7	-258.3	-253.1	-148.6
Effect of Exchange Rate Changes on Cash and Cash Equivalents	10.9	22.2	-27.7	1.7	-1.5	-11
Net Cash Flow	145.1	130.2	-39.2	142.6	-79.5	136.8
Free Cash Flow	428.6	404.9	296.5	419.8	188.2	304.7
Free Cash Flow Growth	5.85%	36.56%	-29.37%	123.06%	-38.23%	21.49%
FCF Margin	12.44%	11.76%	8.70%	11.76%	5.30%	8.77%
Free Cash Flow Per Share	1.65	1.55	1.12	1.52	0.65	1.02
Levered Free Cash Flow	320.4	275.8	185.8	404	306.9	251
Unlevered Free Cash Flow	570.94	526.8	416.74	605.16	479.81	503.53

Updated May 1, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q