gates industrial corp plc - GTES
GTES
Close Chg Chg %
23.07 -1.03 -4.46%
Closed Market
22.04
-1.03 (4.46%)
Volume: 2.24M
Last Updated:
Apr 2, 2026, 3:59 PM EDT
Company Overview: gates industrial corp plc - GTES
GTES Key Data
| Open $22.27 | Day Range 21.92 - 23.00 |
| 52 Week Range 14.70 - 28.47 | Market Cap $5.59B |
| Shares Outstanding 253.86M | Public Float 249.28M |
| Beta 1.29 | Rev. Per Employee N/A |
| P/E Ratio 22.77 | EPS $0.98 |
| Yield 0.00% | Dividend N/A |
| EX-DIVIDEND DATE | SHORT INTEREST N/A |
| AVERAGE VOLUME 2.51M |
GTES Performance
| 1 Week | -0.32% | ||
| 1 Month | -8.09% | ||
| 3 Months | -0.09% | ||
| 1 Year | 39.58% | ||
| 5 Years | 34.80% |
GTES Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
13
Full Ratings ➔
About gates industrial corp plc - GTES
Gates Industrial Corp. Plc is a holding company, which engages in the manufacture of engineered power transmission and fluid solutions. It operates through the following segments: Power Transmission and Fluid Power. The Power Transmission segment includes elastomer drive belts, and related components used to efficiently transfer motion in a broad range of applications. The Fluid Power segment consists of hoses, tubing, and fittings designed to convey hydraulic fluid at high-pressures in both mobile and stationary applications, and high-pressure and fluid transfer hoses used to convey various fluids. The company was founded on September 25, 2017 and is headquartered in Denver, CO.
GTES At a Glance
Gates Industrial Corp. Plc
1144 15th Street
Denver, Colorado 80202
| Phone | 1-303-744-1911 | Revenue | 3.44B | |
| Industry | Industrial Machinery | Net Income | 252.20M | |
| Sector | Producer Manufacturing | 2025 Sales Growth | 1.027% | |
| Fiscal Year-end | 12 / 2026 | Employees | 13,000 | |
| View SEC Filings |
GTES Valuation
| P/E Current | 22.769 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 22.18 |
| Price to Sales Ratio | 1.625 |
| Price to Book Ratio | 1.633 |
| Price to Cash Flow Ratio | 11.70 |
| Enterprise Value to EBITDA | 10.132 |
| Enterprise Value to Sales | 2.184 |
| Total Debt to Enterprise Value | 0.317 |
GTES Efficiency
| Revenue/Employee | 264,861.538 |
| Income Per Employee | 19,400.00 |
| Receivables Turnover | 4.372 |
| Total Asset Turnover | 0.494 |
GTES Liquidity
| Current Ratio | 3.374 |
| Quick Ratio | 2.422 |
| Cash Ratio | 1.108 |
GTES Profitability
| Gross Margin | 40.491 |
| Operating Margin | 15.343 |
| Pretax Margin | 9.88 |
| Net Margin | 7.325 |
| Return on Assets | 3.619 |
| Return on Equity | 7.934 |
| Return on Total Capital | 4.41 |
| Return on Invested Capital | 4.536 |
GTES Capital Structure
| Total Debt to Total Equity | 71.548 |
| Total Debt to Total Capital | 41.707 |
| Total Debt to Total Assets | 33.356 |
| Long-Term Debt to Equity | 69.661 |
| Long-Term Debt to Total Capital | 40.607 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Gates Industrial Corp Plc - GTES
Collapse All in section
| All values USD millions. | 2022 | 2023 | 2024 | 2025 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 3.55B | 3.57B | 3.41B | 3.44B | |
Sales Growth
| +2.30% | +0.45% | -4.54% | +1.03% | |
Cost of Goods Sold (COGS) incl D&A
| 2.30B | 2.20B | 2.03B | 2.05B | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 217.20M | 217.50M | 216.90M | 213.80M | |
Depreciation
| 88.80M | 87.70M | 88.30M | 85.20M | |
Amortization of Intangibles
| 128.40M | 129.80M | 128.60M | 128.60M | |
COGS Growth
| +7.85% | -4.25% | -8.07% | +1.16% | |
Gross Income
| 1.25B | 1.37B | 1.38B | 1.39B | |
Gross Income Growth
| -6.54% | +9.09% | +1.16% | +0.84% | |
Gross Profit Margin
| +35.25% | +38.28% | +40.57% | +40.49% |
| 2022 | 2023 | 2024 | 2025 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 859.50M | 875.40M | 872.90M | 865.90M | |
Research & Development
| 69.40M | 66.00M | 66.50M | 71.90M | |
Other SG&A
| 790.10M | 809.40M | 806.40M | 794.00M | |
SGA Growth
| +0.28% | +1.85% | -0.29% | -0.80% | |
Other Operating Expense
| - | - | 200.00K | 200.00K | - |
Unusual Expense
| 3.40M | 18.30M | 16.40M | 29.90M | |
EBIT after Unusual Expense
| 389.80M | 472.90M | 493.30M | 498.40M | |
Non Operating Income/Expense
| 13.20M | (14.10M) | 5.10M | (9.20M) | |
Non-Operating Interest Income
| 3.60M | 17.50M | 13.70M | 9.60M | |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 145.20M | 173.50M | 170.40M | 149.00M | |
Interest Expense Growth
| +7.32% | +19.49% | -1.79% | -12.56% | |
Gross Interest Expense
| 145.20M | 173.50M | 170.40M | 149.00M | |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| 257.80M | 285.30M | 328.00M | 340.20M | |
Pretax Income Growth
| -26.28% | +10.67% | +14.97% | +3.72% | |
Pretax Margin
| +7.25% | +7.99% | +9.62% | +9.88% | |
Income Tax
| 14.90M | 28.30M | 107.50M | 63.10M | |
Income Tax - Current - Domestic
| 42.00M | 18.90M | 44.50M | 65.90M | |
Income Tax - Current - Foreign
| 52.60M | 75.10M | 75.10M | 23.20M | |
Income Tax - Deferred - Domestic
| (54.50M) | (48.60M) | (36.00M) | (23.60M) | |
Income Tax - Deferred - Foreign
| (25.20M) | (17.10M) | 23.90M | (2.40M) | |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 242.90M | 257.00M | 220.50M | 277.10M | |
Minority Interest Expense
| 21.70M | 23.50M | 25.00M | 24.90M | |
Net Income
| 221.20M | 233.50M | 195.50M | 252.20M | |
Net Income Growth
| -25.55% | +5.56% | -16.27% | +29.00% | |
Net Margin Growth
| +6.22% | +6.54% | +5.74% | +7.32% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 221.20M | 233.50M | 195.50M | 252.20M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 221.20M | 233.50M | 195.50M | 252.20M | |
EPS (Basic)
| 0.7787 | 0.8588 | 0.7534 | 0.9826 | |
EPS (Basic) Growth
| -23.57% | +10.29% | -12.27% | +30.42% | |
Basic Shares Outstanding
| 284.06M | 271.88M | 259.48M | 256.66M | |
EPS (Diluted)
| 0.7692 | 0.8471 | 0.7386 | 0.968 | |
EPS (Diluted) Growth
| -23.03% | +10.13% | -12.81% | +31.06% | |
Diluted Shares Outstanding
| 287.59M | 275.65M | 264.68M | 260.53M | |
EBITDA
| 610.40M | 708.70M | 726.60M | 742.10M | |
EBITDA Growth
| -14.68% | +16.10% | +2.53% | +2.13% | |
EBITDA Margin
| +17.17% | +19.85% | +21.32% | +21.55% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 32.00 | |
| Number of Ratings | 13 | Current Quarters Estimate | 0.401 | |
| FY Report Date | 06 / 2026 | Current Year's Estimate | 1.612 | |
| Last Quarter’s Earnings | 0.33 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 1.52 | Next Fiscal Year Estimate | 1.86 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 12 | 12 | 12 | 12 |
| Mean Estimate | 0.40 | 0.44 | 1.61 | 1.86 |
| High Estimates | 0.42 | 0.46 | 1.67 | 1.93 |
| Low Estimate | 0.36 | 0.41 | 1.57 | 1.80 |
| Coefficient of Variance | 3.68 | 3.38 | 1.58 | 2.44 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 8 | 8 | 8 |
| OVERWEIGHT | 2 | 2 | 2 |
| HOLD | 3 | 3 | 3 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Gates Industrial Corp Plc - GTES
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Gates Industrial Corp Plc - GTES
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Mar 5, 2026 | Wilson S. Neely Director | 123,101 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $27.57 per share | 3,393,894.57 |
| Mar 5, 2026 | Lawrence Brooks Mallard Chief Financial Officer | 227,181 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $27.57 per share | 6,263,380.17 |
| Mar 5, 2026 | Lawrence Brooks Mallard Chief Financial Officer | 232,527 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 5, 2026 | John S. Patouhas Chief Accounting Officer | 11,530 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 5, 2026 | John S. Patouhas Chief Accounting Officer | 3,975 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $27.57 per share | 109,590.75 |
| Mar 5, 2026 | John S. Patouhas Chief Accounting Officer | 4,804 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 5, 2026 | Fredrik J. Eliasson Director | 188,539 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $27.57 per share | 5,198,020.23 |
| Mar 5, 2026 | Thomas G. Pitstick President, Americas | 37,322 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 5, 2026 | Thomas G. Pitstick President, Americas | 48,089 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 5, 2026 | Thomas G. Pitstick President, Americas | 282,447 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $27.57 per share | 7,787,063.79 |
| Mar 5, 2026 | Thomas G. Pitstick President, Americas | 287,160 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 5, 2026 | Thomas G. Pitstick President, Americas | 276,393 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $27.57 per share | 7,620,155.01 |
| Mar 5, 2026 | Thomas G. Pitstick President, Americas | 279,910 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 5, 2026 | Ivo Jurek Chief Exec Officer & Director; Director | 226,236 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 5, 2026 | Ivo Jurek Chief Exec Officer & Director; Director | 289,630 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 5, 2026 | Ivo Jurek Chief Exec Officer & Director; Director | 2,023,711 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $27.57 per share | 55,793,712.27 |
| Mar 5, 2026 | Ivo Jurek Chief Exec Officer & Director; Director | 2,051,459 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 5, 2026 | Ivo Jurek Chief Exec Officer & Director; Director | 1,988,065 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $27.57 per share | 54,810,952.05 |
| Mar 5, 2026 | Ivo Jurek Chief Exec Officer & Director; Director | 2,009,611 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Mar 5, 2026 | James William Ireland Director | 64,691 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $27.57 per share | 1,783,530.87 |