Gates Industrial Corporation plc (GTES)
Industrials · Specialty Industrial Machinery · NYSE
Gates Industrial Corporation plc revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2021 | 2022 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.75B | $3.04B | $3.35B | $3.09B | $2.79B | $3.47B | $3.55B | $3.57B | $3.41B | $3.44B |
| Gross profit | $1.06B | $1.22B | $1.33B | $1.14B | $1.03B | $1.34B | $1.25B | $1.36B | $1.36B | $1.37B |
| Net income | $57.70M | $151.30M | $245.30M | $690.10M | $79.40M | $297.10M | $220.80M | $232.90M | $194.90M | $251.40M |
| Net margin | 2.1% | 5.0% | 7.3% | 22.4% | 2.8% | 8.6% | 6.2% | 6.5% | 5.7% | 7.3% |
Source: Gates Industrial Corporation plc SEC filings (10-K).
What growth is priced into GTES stock?
At today's market cap of $6.47B, Gates Industrial Corporation plc is priced for free-cash-flow growth of about 4.7% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $404.90M from the FY ending 2025-12-31). For comparison, free cash flow actually grew 10.1%/yr over the last five fiscal years and revenue 4.3%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 10 years of Gates Industrial Corporation plc financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Gates Industrial Corporation plc financial history by metric
About Gates Industrial Corporation plc
Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions in the United States, rest of North America, South America, the United Kingdom, Luxembourg, rest of Europe, the Middle East, Africa, India, East Asia, and Greater China. It operates through two segments, Power Transmission and Fluid Power. The company offers solutions for stationary and mobile drives, engine systems, and personal mobility application platforms; elastomer drive belts; asynchronous and synchronous belts, including V-belts, continuously-variable transmission belts, and Micro-V belts; metal drive components, such as tensioners, idlers, pulleys, sprockets, mechanical water pumps, and other accessories used in belt drive systems; and kits for the automotive replacement channel. It also provides fluid power solutions for stationary and mobile hydraulics, vehicle systems, and other industrial application platforms; hydraulics comprising hoses, tubing, couplings, and fittings, as well as assemblies; thermal and emissions management and related products; and industrial hoses, including data center pumps. The company's products are used in applications across various markets, including diversified industrial applications comprising automated manufacturing, logistics systems, and data centers; everyday consumer applications consisting of printers, power washers, automatic doors, and vacuum cleaners; industrial off-highway, such as construction and agriculture; industrial on-highway commercial vehicles including heavy-duty trucks and buses; energy and resources markets, such as oil, gas, and mining; and personal mobility, including scooters, motorcycles, bicycles, all-terrain vehicles, and snowmobiles. It sells its products under the Gates brand. The company offers its products to aftermarket channel customers and original equipment manufacturers. Gates Industrial Corporation plc was founded in 1911 and is headquartered in Denver, Colorado.
Gates Industrial Corporation plc — frequently asked questions
What is Gates Industrial Corporation plc's revenue?
Gates Industrial Corporation plc (GTES) reported revenue of $3.44B for fiscal year 2025, up 1.0% from the prior year, according to its SEC filings.
Is Gates Industrial Corporation plc profitable?
Yes. GTES earned net income of $251.40M in fiscal 2025, a net margin of 7.3%.
What is GTES's P/E ratio?
Gates Industrial Corporation plc trades at a price-to-earnings ratio of about 26.8 based on the latest data in our nightly-refreshed cache.
How fast is Gates Industrial Corporation plc growing?
GTES's revenue grew at roughly 4.3% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Gates Industrial Corporation plc have?
As of fiscal year 2025, GTES carried roughly $2.23B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Gates Industrial Corporation plc's gross margin?
GTES's gross margin was 39.8% in fiscal 2025 — gross profit of $1.37B on revenue of $3.44B.
What is Gates Industrial Corporation plc's market cap?
Gates Industrial Corporation plc (GTES) has a market capitalization of about $6.47B, based on the latest data in our nightly-refreshed cache.
When does Gates Industrial Corporation plc's fiscal year end?
GTES's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into GTES stock?
At today's market cap of $6.47B, Gates Industrial Corporation plc is priced for free-cash-flow growth of about 4.7% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $404.90M from the FY ending 2025-12-31). For comparison, free cash flow actually grew 10.1%/yr over the last five fiscal years and revenue 4.3%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Gates Industrial Corporation plc's official SEC filings (10-K and 10-Q), covering 10 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.