Gates Industrial Corporation Ltd. (GTES)
NYSE: GTES · Real-Time Price · USD
23.83
-2.42 (-9.22%)
At close: Oct 30, 2026, 4:00 PM EDT
24.20
+0.37 (1.55%)
After-hours: Oct 30, 2026, 7:56 PM EDT
GTES Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
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 |
Net Income | 368.4 | 251.4 | 194.9 | 232.9 | 220.8 | 297.1 |
Depreciation & Amortization | 223.9 | 213.8 | 216.9 | 217.5 | 217.2 | 222.6 |
Loss (Gain) From Sale of Assets | 0.2 | 0.3 | 5.4 | - | - | - |
Asset Writedown & Restructuring Costs | 2.3 | 3.5 | - | 0.1 | 2.6 | 2 |
Stock-Based Compensation | 29.1 | 27.2 | 28.8 | 27.4 | 44.3 | 24.6 |
Other Operating Activities | -146.9 | -39.4 | -40.4 | -71.6 | -61.6 | -37.9 |
Change in Accounts Receivable | -54.7 | 18.4 | 8.4 | 45.6 | -129.3 | -22.3 |
Change in Inventory | -97 | 14.3 | -64 | 24.5 | 2.9 | -192.4 |
Change in Accounts Payable | 53.3 | 4.3 | -27.6 | -17.8 | -15.9 | 99.6 |
Change in Income Taxes | 11.1 | -18.6 | -0.9 | -14.5 | -24.4 | 38.7 |
Change in Other Net Operating Assets | 50.1 | 2.9 | 58.1 | 36.9 | 9.2 | -49.6 |
Operating Cash Flow | 439.8 | 478.1 | 379.6 | 481 | 265.8 | 382.4 |
Operating Cash Flow Growth | 10.17% | 25.95% | -21.08% | 80.96% | -30.49% | 23.75% |
Investing Activities
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 |
Capital Expenditures | -72.6 | -73.2 | -83.1 | -61.2 | -77.6 | -77.7 |
Sale of Property, Plant & Equipment | 1.1 | 2.3 | 12 | 1.2 | - | - |
Divestitures | - | - | -12.5 | - | - | - |
Sale (Purchase) of Intangibles | -23.3 | -40.7 | -23.6 | -10.2 | -9.4 | -9.3 |
Investment in Securities | - | - | -6.3 | - | - | - |
Other Investing Activities | 15.6 | -7.4 | 9.1 | -11.6 | -3.7 | 1 |
Investing Cash Flow | -79.2 | -119 | -104.4 | -81.8 | -90.7 | -86 |
Financing Activities
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 |
Long-Term Debt Issued | - | - | 1,840 | 100 | 645 | - |
Long-Term Debt Repaid | - | -123.4 | -1,948 | -119.6 | -676.9 | -91 |
Net Debt Issued (Repaid) | -18.7 | -123.4 | -108.4 | -19.6 | -31.9 | -91 |
Issuance of Common Stock | 4.1 | 10.4 | 14.9 | 18.7 | 15.9 | 4.6 |
Repurchase of Common Stock | -212 | -140.3 | -180.8 | -255 | -175.9 | -10.6 |
Other Financing Activities | 5 | 2.2 | -12.4 | -2.4 | -61.2 | -51.6 |
Financing Cash Flow | -221.6 | -251.1 | -286.7 | -258.3 | -253.1 | -148.6 |
Net Cash Flow
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 |
Foreign Exchange Rate Adjustments | 2.5 | 22.2 | -27.7 | 1.7 | -1.5 | -11 |
Net Cash Flow | 141.5 | 130.2 | -39.2 | 142.6 | -79.5 | 136.8 |
Free Cash Flow
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 |
Free Cash Flow | 367.2 | 404.9 | 296.5 | 419.8 | 188.2 | 304.7 |
Free Cash Flow Growth | 14.21% | 36.56% | -29.37% | 123.06% | -38.23% | 21.49% |
Free Cash Flow Margin | 10.34% | 11.76% | 8.70% | 11.76% | 5.29% | 8.77% |
Free Cash Flow Per Share | 1.43 | 1.55 | 1.12 | 1.52 | 0.65 | 1.02 |
Levered Free Cash Flow | 396.68 | 338.44 | 342.41 | 425.18 | 190.46 | 288.05 |
Unlevered Free Cash Flow | 473.55 | 417.13 | 439.79 | 527.18 | 277.59 | 371.49 |
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 |
Cash Interest Paid | 115.2 | 120.7 | 132.6 | 155.1 | 118.7 | 121.2 |
Cash Income Tax Paid | 92.1 | 111.5 | 122.3 | 110.5 | 117.8 | 83 |
Change in Working Capital | -37.2 | 21.3 | -26 | 74.7 | -157.5 | -126 |