Gates Industrial Corporation plc (GTES)
NYSE: GTES · Real-Time Price · USD
23.98
-1.46 (-5.74%)
Mar 6, 2026, 4:00 PM EST - Market closed

GTES Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Jan '22 2021 - 2017
Revenue
3,4433,4083,5703,5543,474
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Revenue Growth (YoY)
1.03%-4.54%0.45%2.30%24.40%
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Cost of Revenue
2,0492,0262,2042,3012,134
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Gross Profit
1,3941,3831,3671,2531,341
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Selling, General & Admin
866871.1872.3853.2852
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Other Operating Expenses
--0.20.2-9.3
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Operating Expenses
866871.1872.5853.4842.7
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Operating Income
528.2511.5494.2399.5497.9
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Interest Expense
-125.9-155.8-163.2-139.4-133.5
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Interest & Investment Income
9.613.7---
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Currency Exchange Gain (Loss)
-11.7-0.2---
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Other Non Operating Income (Expenses)
-6.34.9-13.811.1-0.9
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EBT Excluding Unusual Items
393.9374.1317.2271.2363.5
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Merger & Restructuring Charges
-63.7-33.5-20.5-13.4-13.8
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Gain (Loss) on Sale of Assets
--12.7---
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Other Unusual Items
-0.1-11.4--
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Pretax Income
340.2328285.3257.8349.7
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Income Tax Expense
63.1107.528.314.918.4
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Earnings From Continuing Operations
277.1220.5257242.9331.3
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Earnings From Discontinued Operations
-0.8-0.6-0.6-0.4-
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Net Income to Company
276.3219.9256.4242.5331.3
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Minority Interest in Earnings
-24.9-25-23.5-21.7-34.2
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Net Income
251.4194.9232.9220.8297.1
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Net Income to Common
251.4194.9232.9220.8297.1
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Net Income Growth
28.99%-16.32%5.48%-25.68%274.18%
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Shares Outstanding (Basic)
257259272284292
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Shares Outstanding (Diluted)
261265276288297
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Shares Change (YoY)
-1.56%-3.98%-4.15%-3.26%1.77%
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EPS (Basic)
0.980.750.860.781.02
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EPS (Diluted)
0.960.740.840.771.00
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EPS Growth
29.71%-11.95%9.01%-23.14%271.78%
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Free Cash Flow
404.9296.5419.8188.2304.7
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Free Cash Flow Per Share
1.551.121.520.651.02
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Gross Margin
40.49%40.57%38.28%35.25%38.59%
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Operating Margin
15.34%15.01%13.84%11.24%14.33%
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Profit Margin
7.30%5.72%6.52%6.21%8.55%
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Free Cash Flow Margin
11.76%8.70%11.76%5.29%8.77%
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EBITDA
742728.4711.7616.7720.5
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EBITDA Margin
21.55%21.37%19.93%17.35%20.74%
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D&A For EBITDA
213.8216.9217.5217.2222.6
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EBIT
528.2511.5494.2399.5497.9
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EBIT Margin
15.34%15.01%13.84%11.24%14.33%
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Effective Tax Rate
18.55%32.77%9.92%5.78%5.26%
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Advertising Expenses
16.515.61416.812
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Source: S&P Capital IQ. Standard template. Financial Sources.