Gates Industrial Corporation Ltd. (GTES)
NYSE: GTES · Real-Time Price · USD
25.45
+0.53 (2.13%)
Jul 30, 2026, 2:17 PM EDT - Market open
GTES Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 28, 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 |
| - | 3,442 | 3,413 | 3,570 | 3,554 | 3,474 | |
Revenue Growth | - | 0.86% | -4.41% | 0.45% | 2.30% | 24.40% |
Cost of Revenue | - | 2,052 | 2,033 | 2,211 | 2,304 | 2,135 |
Gross Profit | - | 1,391 | 1,380 | 1,359 | 1,251 | 1,339 |
Selling, General & Admin | - | 841.4 | 831.8 | 884.7 | 853.7 | 852.7 |
Research & Development | - | 55.8 | 49.9 | - | - | - |
Other Operating Expenses | 3.5 | -4 | -3.3 | 14.1 | 12.9 | 2.4 |
Total Operating Expenses | 3.5 | 893.2 | 878.4 | 898.8 | 866.6 | 855.1 |
Operating Income | -3.5 | 489.4 | 495.2 | 460.1 | 384 | 484.1 |
Interest Income | - | 9.6 | 15.5 | - | - | - |
Interest Expense | - | -166.7 | -139.5 | -163.2 | -139.4 | -133.5 |
Other Non-Operating Income (Expense) | 12.2 | -16.4 | 16.6 | 11.6 | 13.2 | -0.9 |
Total Non-Operating Income (Expense) | 12.2 | -173.5 | -107.4 | -151.6 | -126.2 | -134.4 |
Pretax Income | 8.7 | 315.9 | 362.4 | 285.3 | 257.8 | 349.7 |
Provision for Income Taxes | - | 56.7 | 122.3 | 28.3 | 14.9 | 18.4 |
Net Income | 8.7 | 259.2 | 240.1 | 257 | 242.9 | 331.3 |
Minority Interest in Earnings | - | 24.6 | 24.9 | 23.5 | 21.7 | 34.2 |
Earnings From Discontinued Operations | -0.7 | 258.4 | 239.5 | -0.6 | -0.4 | - |
Net Income to Common | 8 | 233.8 | 214.6 | 232.9 | 220.8 | 297.1 |
Net Income Growth | -96.31% | 8.95% | -7.86% | 5.48% | -25.68% | 274.18% |
Shares Outstanding (Basic) | 256 | 257 | 259 | 272 | 284 | 292 |
Shares Outstanding (Diluted) | 259 | 261 | 265 | 276 | 288 | 297 |
Shares Change | -1.44% | -1.57% | -3.98% | -4.15% | -3.26% | 1.77% |
EPS (Basic) | 0.98 | 0.91 | 0.83 | 0.86 | 0.78 | 1.02 |
EPS (Diluted) | 0.96 | 0.90 | 0.81 | 0.84 | 0.77 | 1.00 |
EPS Growth | 17.07% | 11.11% | -3.57% | 9.09% | -23.00% | 270.37% |
Free Cash Flow | 428.6 | 453.5 | 353.7 | 419.8 | 188.2 | 304.7 |
Free Cash Flow Growth | 32.57% | 28.22% | -15.75% | 123.06% | -38.23% | 21.49% |
Free Cash Flow Per Share | 1.65 | 1.74 | 1.34 | 1.52 | 0.65 | 1.02 |
Gross Margin | - | 40.40% | 40.44% | 38.06% | 35.19% | 38.54% |
Operating Margin | - | 14.22% | 14.51% | 12.89% | 10.80% | 13.93% |
Profit Margin | - | 7.53% | 7.04% | 7.20% | 6.83% | 9.54% |
FCF Margin | - | 13.17% | 10.36% | 11.76% | 5.30% | 8.77% |
EBITDA | 159.1 | 732.2 | 740.1 | 677.6 | 601.2 | 706.7 |
EBITDA Margin | - | 21.27% | 21.69% | 18.98% | 16.92% | 20.34% |
EBIT | -3.5 | 489.4 | 495.2 | 460.1 | 384 | 484.1 |
EBIT Margin | - | 14.22% | 14.51% | 12.89% | 10.80% | 13.93% |
Effective Tax Rate | - | 17.95% | 33.75% | 9.92% | 5.78% | 5.26% |