Gates Industrial Corp plc (GTES) Financial Statements
Industry: General Industrial Machinery & Equipment
In fiscal 2025, Gates Industrial reported revenue of $3.44B, up 1.0% from $3.41B the year before. Net income was $251.4M (a 7.3% net margin), or $0.96 per diluted share. Gross margin was 39.8% and operating margin was 13.5%. Operating activities generated $478.1M of cash, leaving $404.9M of free cash flow. At fiscal year end, Gates Industrial held $7.15B in total assets against $3.46B in total liabilities, including $812.1M of cash and equivalents.
Open the full interactive Gates Industrial financials → Quarterly statements, key ratios, valuation history and price charts.
Gates Industrial Key Stats
| Share Price | $25.96 |
|---|---|
| Market Cap | $6.65B |
| P/E Ratio | 27.0 |
| Revenue YoY Growth | +1.0% |
| 52-Week Range | $21.04 – $29.84 |
| Shares Outstanding | 253.6 million (basic, 2026 Q2) |
Gates Industrial Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.79B | $3.47B | $3.55B | $3.57B | $3.41B | $3.44B |
| Gross Profit | $1.03B | $1.34B | $1.25B | $1.36B | $1.36B | $1.37B |
| Operating Income | $211.1M | $484.1M | $384.0M | $462.6M | $478.7M | $465.3M |
| Pre-Tax Income | $71.0M | $349.7M | $257.8M | $285.3M | $328.0M | $340.2M |
| Income Tax | -$19.3M | $18.4M | $14.9M | $28.3M | $107.5M | $63.1M |
| Net Income | $79.4M | $297.1M | $220.8M | $232.9M | $194.9M | $251.4M |
| Diluted EPS | $0.27 | $1.00 | $0.77 | $0.84 | $0.74 | $0.96 |
Gates Industrial Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $855.7M | $856.2M | $851.1M | $941.6M |
| Net Income | $81.6M | $51.3M | $59.7M | $170.9M |
| Diluted EPS | $0.31 | $0.20 | $0.23 | $0.67 |
Gates Industrial Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $521.4M | $658.2M | $578.4M | $720.6M | $682.0M | $812.1M |
| Current Assets | $1.91B | $2.28B | $2.28B | $2.40B | $2.31B | $2.48B |
| Total Assets | $7.43B | $7.53B | $7.19B | $7.25B | $6.79B | $7.15B |
| Current Liabilities | $726.3M | $855.9M | $752.3M | $779.3M | $721.5M | $735.4M |
| Total Long-Term Debt | $2.71B | $2.56B | $2.46B | $2.45B | $2.35B | $2.23B |
| Total Liabilities | $4.24B | $4.05B | $3.75B | $3.71B | $3.45B | $3.46B |
| Shareholders' Equity | $2.81B | $3.10B | $3.11B | $3.22B | $3.02B | $3.33B |
Gates Industrial Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $309.0M | $382.4M | $265.8M | $481.0M | $379.6M | $478.1M |
| Cash From Investing | -$77.5M | -$86.0M | -$90.7M | -$81.8M | -$104.4M | -$119.0M |
| Cash From Financing | -$353.8M | -$148.6M | -$253.1M | -$258.3M | -$286.7M | -$251.1M |
| Free Cash Flow | $250.8M | $304.7M | $188.2M | $419.8M | $296.5M | $404.9M |
Figures from Gates Industrial's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Gates Industrial financials page for every line item.
Gates Industrial Company Profile
| Ticker | GTES |
|---|---|
| Exchange | NYSE |
| Industry | General Industrial Machinery & Equipment |
| Headquarters | Denver, Colorado |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001718512 |
Frequently Asked Questions
What was Gates Industrial's revenue in fiscal 2025?
Gates Industrial (GTES) reported revenue of $3.44B for fiscal 2025.
What is Gates Industrial's annual revenue history?
Gates Industrial's annual revenue by fiscal year: 2020: $2.79B; 2021: $3.47B; 2022: $3.55B; 2023: $3.57B; 2024: $3.41B; 2025: $3.44B.
What was Gates Industrial's net income in fiscal 2025?
Gates Industrial reported net income of $251.4M for fiscal 2025.
What was Gates Industrial's earnings per share (EPS) in fiscal 2025?
Gates Industrial's diluted EPS was $0.96 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Gates Industrial generate in fiscal 2025?
Gates Industrial generated $404.9M of free cash flow in fiscal 2025.
What was Gates Industrial's revenue last quarter?
In its most recent reported quarter (2026 Q2), Gates Industrial reported revenue of $941.6M.
How much debt does Gates Industrial have?
Gates Industrial reported $2.23B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Gates Industrial are outstanding?
Gates Industrial reported a weighted average of 253.6 million basic shares outstanding in 2026 Q2.
What is Gates Industrial's market cap?
Based on its latest closing price, Gates Industrial (GTES) has a market capitalization of about $6.65B.
When does Gates Industrial's fiscal year end?
Gates Industrial's fiscal year end, as registered with the SEC, is December 31.
Where is Gates Industrial headquartered?
Gates Industrial lists its business address in Denver, Colorado in its SEC filings.