Gates Industrial
GTES
27.41
-0.84
-2.97%
Gates Industrial
US · GTES
#1781 by market cap
Listed 2018
27.41
-0.84
-2.97%
Live - 5344 symbols - heartbeat 479s ago
· 2026-10-07 22:06
After-hours
27.50
+0.33%
Overnight
27.41
0.00%
- Market cap
- 6.94B
- P/E (TTM)i
- 19.44
- P/Bi
- 1.97
- EPSi
- 0.96
- Div yieldi
- 0.00%
- 52W posi
- 69%
Reader sentiment
Are you bullish or bearish on GTES?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Fair
- Altman Z-Score is 2.53, in the 1.8-3.0 "grey zone".
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +1.03% YoY
Margins
- Gross margin
- 39.84%
- Operating margin
- 14.39%
- Net margin
- 7.30%
Key ratios & quality
- Enterprise valuei
- 8.36B
- PEG ratioi
- 4.40
- Altman Z-Scorei
- 2.53
PEG uses trailing P/E against the 3-year net income growth rate (4.42%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2021 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.35B | 3.09B | 2.79B | 3.47B | 3.55B | 3.57B | 3.41B | 3.44B |
| Gross profit | 1.33B | 1.14B | 1.03B | 1.34B | 1.25B | 1.36B | 1.36B | 1.37B |
| Selling & admin expenses | 805.80M | 777.30M | 776.90M | 852.70M | 853.70M | 884.70M | 876.50M | 876.10M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 510.50M | 356.10M | 258.80M | 495.80M | 396.70M | 474.00M | 482.00M | 495.60M |
| Pretax profit | 303.50M | 198.80M | 71.00M | 349.70M | 257.80M | 285.30M | 328.00M | 340.20M |
| Tax | 31.80M | -495.90M | -19.30M | 18.40M | 14.90M | 28.30M | 107.50M | 63.10M |
| Net profit | 271.10M | 694.10M | 90.00M | 331.30M | 242.50M | 256.40M | 219.90M | 276.30M |
| Basic EPS | 1 | 2 | 0 | 1 | 1 | 1 | 1 | 1 |
| Diluted EPS | 0.84 | 2.37 | 0.27 | 1.00 | 0.77 | 0.84 | 0.74 | 0.96 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 847.60M | 883.70M | 855.70M | 856.20M | 851.10M | 941.60M |
| Gross profit | 344.60M | 360.20M | 341.60M | 325.30M | 338.00M | 386.10M |
| Selling & admin expenses | 216.20M | 231.20M | 219.20M | 209.50M | 226.90M | 250.70M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 128.40M | 129.00M | 122.40M | 115.80M | 111.10M | 135.40M |
| Pretax profit | 93.80M | 80.20M | 94.80M | 71.40M | 77.90M | 100.20M |
| Tax | 25.20M | 16.80M | 6.10M | 15.00M | 11.50M | -78.00M |
| Net profit | 68.30M | 63.10M | 88.60M | 56.30M | 66.20M | 178.00M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 1 |
| Diluted EPS | 0.24 | 0.22 | 0.31 | 0.20 | 0.23 | 0.67 |
Balance sheet
| Line item | 2018 | 2019 | 2021 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 1.81B | 1.96B | 1.91B | 2.28B | 2.28B | 2.40B | 2.31B | 2.48B |
| Cash & ST investments | 423.40M | 635.30M | 521.40M | 658.20M | 578.40M | 720.60M | 682.00M | 812.10M |
| Inventory | 537.60M | 475.10M | 508.20M | 682.60M | 656.20M | 647.20M | 676.00M | 700.00M |
| Total assets | 6.72B | 7.41B | 7.43B | 7.53B | 7.19B | 7.25B | 6.79B | 7.15B |
| Total current liabilities | 679.00M | 658.10M | 726.30M | 855.90M | 752.30M | 779.30M | 721.50M | 735.40M |
| Short-term debt | 51.60M | 46.10M | 42.70M | 38.10M | 36.60M | 36.50M | 39.10M | 36.20M |
| Long-term debt | 2.95B | 2.91B | 2.67B | 2.53B | 2.43B | 2.42B | 2.31B | 2.20B |
| Total liabilities | 4,388,900,000.00 | 4,400,600,000.00 | 4,241,300,000.00 | 4,051,600,000.00 | 3,748,000,000.00 | 3,710,600,000.00 | 3,446,000,000.00 | 3,462,200,000.00 |
| Total equity | 2.33B | 3.01B | 3.19B | 3.48B | 3.44B | 3.54B | 3.34B | 3.69B |
| Retained earnings | 381.90M | 1.07B | 1.15B | 1.44B | 1.48B | 1.46B | 1.48B | 1.65B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 2.37B | 2.52B | 2.49B | 2.48B | 2.49B | 2.71B |
| Cash & ST investments | 640.20M | 719.70M | 689.40M | 812.10M | 785.30M | 823.50M |
| Inventory | 700.70M | 729.00M | 718.10M | 700.00M | 685.70M | 740.60M |
| Total assets | 6.89B | 7.22B | 7.15B | 7.15B | 7.12B | 7.39B |
| Total current liabilities | 710.40M | 729.30M | 705.40M | 735.40M | 678.50M | 835.10M |
| Short-term debt | 31.60M | 39.80M | 30.50M | 36.20M | 30.90M | 39.20M |
| Long-term debt | 2.31B | 2.30B | 2.20B | 2.20B | 2.20B | 2.19B |
| Total liabilities | 3,457,900,000.00 | 3,606,100,000.00 | 3,434,600,000.00 | 3,462,200,000.00 | 3,387,200,000.00 | 3,498,600,000.00 |
| Total equity | 3.43B | 3.61B | 3.72B | 3.69B | 3.73B | 3.89B |
| Retained earnings | 1.54B | 1.59B | 1.67B | 1.65B | 1.67B | 1.81B |
Cash flow
| Line item | 2018 | 2019 | 2021 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 313.50M | 348.90M | 309.00M | 382.40M | 265.80M | 481.00M | 379.60M | 478.10M |
| Depreciation & amortization | 218.50M | 222.20M | 218.60M | 222.60M | 217.20M | 217.50M | 216.90M | 213.80M |
| Free cash flow | 130.80M | 265.80M | 241.60M | 295.40M | 178.80M | 409.60M | 272.90M | 364.20M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | 799.70M | 1.80M | 3.10M | -6.00M | -160.00M | -233.00M | -161.20M | -108.90M |
| Ending cash balance | 424.60M | 636.60M | 524.10M | 660.90M | 581.40M | 724.00M | 684.80M | 815.00M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 7.30M | 103.00M | 98.00M | 269.80M | 30.20M | 78.60M |
| Depreciation & amortization | 52.20M | 53.30M | 53.60M | 54.70M | 55.70M | 57.10M |
| Free cash flow | -18.90M | 73.60M | 73.20M | 236.30M | 8.70M | 59.90M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -11.20M | 2.90M | 5.10M | -105.70M | -16.10M | -20.10M |
| Ending cash balance | 643.10M | 722.80M | 692.30M | 815.00M | 788.20M | 826.50M |
Returns & efficiency
| Line item | 2018 | 2019 | 2021 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 16.56 | 30.01 | 2.91 | 10.06 | 7.11 | 7.36 | 6.24 | 7.91 |
| ROA %i | 3.61 | 9.77 | 1.07 | 3.97 | 3.00 | 3.22 | 2.78 | 3.61 |
| ROIC %i | 7.59 | 14.78 | 3.15 | 7.27 | 5.91 | 6.20 | 4.87 | 6.07 |
| 5-year avg ROE %i | -- | 15.06 | 15.01 | 15.46 | 13.33 | 11.49 | 6.74 | 7.74 |
| EBIT margin %i | 13.56 | 11.01 | 7.58 | 13.74 | 10.89 | 12.31 | 13.52 | 13.31 |
| FCF / sales %i | 3.91 | 8.61 | 8.65 | 8.50 | 5.03 | 11.47 | 8.01 | 10.58 |
| Current ratioi | 2.67 | 2.98 | 2.63 | 2.66 | 3.03 | 3.08 | 3.20 | 3.37 |
| Quick ratioi | 1.73 | 2.05 | 1.71 | 1.62 | 1.86 | 1.95 | 1.99 | 2.18 |
| Debt / assetsi | 44.70 | 41.49 | 38.00 | 35.59 | 35.94 | 35.32 | 36.51 | 32.96 |
| LT debt / equityi | 151.66 | 114.24 | 99.07 | 85.26 | 81.94 | 78.43 | 80.66 | 69.61 |
| Interest coveragei | 3.02 | 2.41 | 1.50 | 3.74 | 2.99 | 2.85 | 3.47 | 3.88 |
| Revenue CAGR (3Y) %i | 6.84 | 3.97 | -2.80 | 1.25 | 4.81 | 8.53 | -0.64 | -1.05 |
| Net income CAGR (3Y) %i | 114.37 | 128.69 | -19.34 | 6.59 | -31.60 | 43.15 | -13.11 | 4.42 |
| FCF CAGR (3Y) %i | -11.72 | -4.85 | 4.98 | 31.20 | -12.38 | 19.24 | -2.61 | 26.76 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 6.91 | 6.29 | 7.31 | 7.91 | 7.70 | 10.71 |
| ROA %i | 3.11 | 2.84 | 3.32 | 3.61 | 3.56 | 4.98 |
| ROIC %i | 5.35 | 4.92 | 5.59 | 6.07 | 6.04 | 7.39 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 13.78 | 13.34 | 13.92 | 13.31 | 12.85 | 13.25 |
| FCF / sales %i | 8.64 | 8.85 | 8.35 | 10.58 | 11.37 | 10.79 |
| Current ratioi | 3.33 | 3.46 | 3.52 | 3.37 | 3.67 | 3.24 |
| Quick ratioi | 2.06 | 2.17 | 2.22 | 2.18 | 2.39 | 2.11 |
| Debt / assetsi | 35.83 | 34.27 | 33.02 | 32.96 | 33.23 | 31.96 |
| LT debt / equityi | 78.50 | 74.44 | 69.16 | 69.61 | 69.30 | 65.98 |
| Interest coveragei | 3.70 | 3.73 | 4.01 | 3.88 | 3.74 | 3.87 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Lead segment, long tail
- Power Transmission is the largest reported line at 62.50% of revenue, across 2 reported segments.
- Fluid Power follows at 37.50%, so the top line still matters most but isn’t the whole story.
Revenue breakdown most recent period
Business
Power Transmission62.50%
Fluid Power37.50%
Quote time 2026-10-07 22:06:55 · For reference only, not investment advice and not tailored to your situation.