GTES
Gates Industrial Corporation plc
NYSE: GTES · INDUSTRIALS · SPECIALTY INDUSTRIAL MACHINERY
$24.84
-1.15% today
Updated 2026-04-29
Market cap
$6.32B
P/E ratio
25.88
P/S ratio
1.84x
EPS (TTM)
$0.96
Dividend yield
—
52W range
$19 – $28
Volume
2.3M
Gates Industrial Corporation plc (GTES) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.92B | $2.95B | $3.04B | $3.04B | $2.75B | $3.04B | $3.35B | $3.09B | $2.79B | $3.47B | $3.55B | $3.57B | $3.41B | $3.44B |
| Revenue growth (YoY) | — | +0.8% | +3.2% | +0.0% | -9.8% | +10.8% | +10.1% | -7.8% | -9.5% | +24.4% | +2.3% | +0.5% | -4.5% | +1.0% |
| Cost of revenue | $1.87B | $1.83B | $2.02B | $2.02B | $1.71B | $1.82B | $2.02B | $1.94B | $1.76B | $2.14B | $2.30B | $2.21B | $2.05B | $2.05B |
| Gross profit | $1.05B | $1.11B | $1.03B | $1.03B | $1.04B | $1.22B | $1.33B | $1.14B | $1.03B | $1.34B | $1.25B | $1.36B | $1.36B | $1.39B |
| Gross margin | 36.0% | 37.8% | 33.8% | 33.8% | 37.7% | 40.0% | 39.7% | 37.0% | 37.0% | 38.5% | 35.2% | 38.1% | 39.9% | 40.5% |
| R&D | $45.60M | $47.20M | — | $53.80M | $67.40M | $68.60M | $71.40M | $67.90M | $67.20M | $70.70M | $69.40M | $66.00M | — | $71.90M |
| SG&A | $491.00M | $462.40M | $815.70M | $815.70M | $784.50M | $777.10M | $805.80M | $777.30M | $776.90M | $852.70M | $853.70M | $875.90M | $870.00M | $794.00M |
| Operating income | $240.90M | $330.00M | $-400000.00 | $-400000.00 | $184.60M | $402.90M | $496.80M | $346.80M | $211.10M | $484.10M | $384.00M | $462.60M | $478.70M | $528.30M |
| Operating margin | 8.2% | 11.2% | -0.0% | -0.0% | 6.7% | 13.2% | 14.8% | 11.2% | 7.6% | 13.9% | 10.8% | 13.0% | 14.0% | 15.3% |
| EBITDA | $469.80M | $538.70M | $227.60M | $296.60M | $524.20M | $556.30M | $697.90M | $578.80M | $443.90M | $705.80M | $614.40M | $462.60M | $677.60M | $742.10M |
| EBITDA margin | 16.1% | 18.3% | 7.5% | 9.7% | 19.1% | 18.3% | 20.8% | 18.7% | 15.9% | 20.3% | 17.3% | 13.0% | 19.9% | 21.6% |
| EBIT | $240.90M | $330.00M | $-20.90M | $48.10M | $254.30M | $344.10M | $479.40M | $356.60M | $225.30M | $483.20M | $397.20M | $462.60M | $460.70M | $528.30M |
| Interest expense | — | — | $173.10M | $173.10M | $212.60M | $234.60M | $199.70M | $165.60M | $158.00M | $135.30M | $145.20M | $163.20M | $170.40M | $149.00M |
| Income tax | $74.30M | $39.20M | $-51.90M | $-51.90M | $-9.20M | $-72.50M | $31.80M | $-495.90M | $-19.30M | $18.40M | $14.90M | $28.30M | $107.50M | $63.10M |
| Effective tax rate | 210.5% | 26.8% | 26.8% | 26.8% | -58.6% | -92.0% | 11.5% | -255.4% | -32.1% | 5.8% | 6.3% | 10.8% | 35.5% | 20.1% |
| Net income | $-39.00M | $107.30M | $-142.10M | $-142.10M | $24.90M | $151.30M | $245.30M | $690.10M | $79.40M | $297.10M | $220.80M | $232.90M | $194.90M | $251.40M |
| Net income growth (YoY) | — | +375.1% | -232.4% | +0.0% | +117.5% | +507.6% | +62.1% | +181.3% | -88.5% | +274.2% | -25.7% | +5.5% | -16.3% | +29.0% |
| Profit margin | -1.3% | 3.6% | -4.7% | -4.7% | 0.9% | 5.0% | 7.3% | 22.4% | 2.8% | 8.6% | 6.2% | 6.5% | 5.7% | 7.3% |