GTES - NYSE

Gates Industrial Corporation plc

GTES·NYSE

$26.03

-1.5%

IndustrialsIndustrial - Machinery

Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions worldwide. It operates in two segments, Power Transmission and Fluid Power. The company offers synchronous or asynchronous belts, including V-belts, CVT belts, and Micro-V belts, as well as related components, such as sprockets, pulleys, water pumps, tensioners, or other accessories; solutions for stationary and mobile drives, engine systems, personal mobility, and vertical lifts application platforms; metal drive components; and kits for automotive replacement channels. It also provides fluid power solutions comprising stationary hydraulics, mobile hydraulics, engine systems, and other industrial application platforms; and hydraulics, including hoses, tubing, and fittings, as well as assemblies. The company serves construction, agriculture, energy and resources, automotive, transportation, mobility and recreation, consumer products, and various industrial applications, such as automated manufacturing and logistics systems. It sells its engineered products under the Gates brand. The company offers its products to replacement channel customers, as well as to original equipment manufacturers. Gates Industrial Corporation plc was founded in 1911 and is headquartered in Denver, Colorado.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$6.61B

EPS0.9800

P/E Ratio26.56

Earnings Date07/30/2026

7.15B

Assets

3Y-1.0%

5Y-5.0%

10Y+6.0%

3.46B

Total Liabilities

3Y-7.0%

5Y-15.0%

10Y-21.0%

3.69B

Total Equity

10%

3Y+4.0%

5Y+6.0%

10Y+58.0%

Gates Industrial Corporation plc Funding & Solvency Profile

GTES · NYSE

Current Assets

Cash & Cash Equivalents812.10M

Net Receivables744.20M

Inventory700.00M

Other Current Assets225.20M

Total Current Assets2 B

Non-Current Assets

Property, Plant & Equipment746.10M

Goodwill & Intangible Assets3.23B

Long-Term Investments21.00M

Other Non-Current Assets56.20M

Total Non-Current Assets823 M

Total Assets

7.15B

Financial Health Analysis

Current Ratio

3.37x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.94x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

2 B

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

35% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

Gates Industrial Corporation plc Balance Sheet

GTES • NYSE

Gates Industrial Corporation plc Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2023	Dec 2022	Jan 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2013	Dec 2012
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	812.1M	682M	720.6M	720.6M	581.4M	660.9M	660.9M	524.1M	635.3M	423.4M	564.4M	527.2M	335.7M	338.1M	431.3M
Short-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.6M	3.5M	2.8M	16.3M
Cash & Short-Term Investments	812.1M	682M	720.6M	720.6M	581.4M	660.9M	660.9M	524.1M	635.3M	423.4M	564.4M	529.8M	339.2M	340.9M	447.6M
Net Receivables	744.2M	751.3M	798.6M	798.6M	821.6M	727.2M	727.2M	723.6M	716.8M	749.5M	713.8M	659.4M	625.9M	647.7M	544.2M
Accounts Receivables	744.2M	722.7M	768.2M	768.2M	808.6M	708.1M	708.1M	695M	694.7M	742.3M	713.8M	650.5M	619.5M	647.7M	0.0
Other Receivables	0.0	28.6M	30.4M	30.4M	13M	19.1M	19.1M	28.6M	22.1M	7.2M	0.0	8.9M	6.4M	0.0	0.0
Inventory	700M	676M	647.2M	647.2M	656.2M	682.6M	682.6M	508.2M	475.1M	537.6M	457.1M	366.9M	415.7M	489M	476.8M
Prepaids	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	104.1M	73.1M	71.2M	61.9M	29.8M	0.0
Other Current Assets	225.2M	196.7M	234.9M	234.9M	218.2M	208M	208M	150.7M	131.4M	0.0	17.8M	0.0	4.5M	178.9M	111.2M
Total Current Assets	2.5B	2.3B	2.4B	2.4B	2.3B	2.3B	2.3B	1.9B	2B	1.8B	1.8B	1.6B	1.4B	1.7B	1.6B
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	746.1M	718.9M	750.1M	750.1M	769.7M	794.5M	794.5M	825.9M	850.9M	756.3M	686.2M	599.6M	660.6M	623.3M	693.2M
Goodwill	2B	1.9B	2B	2B	2B	2.1B	2.1B	2.1B	2.1B	2B	2.1B	1.9B	2B	1.3B	1.3B
Intangible Assets	1.2B	1.2B	1.4B	1.4B	1.5B	1.6B	1.6B	1.8B	1.9B	2B	2.1B	2.1B	2.3B	1.3B	1.5B
Goodwill & Intangible Assets	3.2B	3.2B	3.4B	3.4B	3.5B	3.7B	3.7B	3.9B	3.9B	4B	4.2B	4.1B	4.3B	2.6B	2.8B
Long-Term Investments	21M	0.0	54.1M	54.1M	32.7M	7.7M	7.7M	0.0	0.0	-439.5M	600K	3.9M	4.1M	6.4M	6.1M
Tax Assets	640M	553.5M	622.4M	622.4M	600.3M	639.3M	639.3M	672.6M	587.1M	439.5M	517.1M	2.4M	3.1M	0.0	0.0
Other Non-Current Assets	56.2M	50.4M	1.8M	1.8M	40M	107.6M	107.6M	112.4M	78.2M	115.2M	-388.7M	96.3M	110.1M	37M	-3.5B
Total Non-Current Assets	4.7B	4.5B	4.9B	4.9B	4.9B	5.3B	5.3B	5.5B	5.5B	4.9B	5B	4.8B	5.1B	3.3B	3.5B
Other Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	27.8M
Total Assets	7.2B	6.8B	7.3B	7.3B	7.2B	7.5B	7.5B	7.4B	7.4B	6.7B	6.9B	6.4B	6.6B	4.9B	5.1B
LIABILITIES
CURRENT LIABILITIES
Total Payables	460.7M	431.1M	494.3M	494.3M	493.1M	540.7M	540.7M	431.4M	423.2M	443.2M	421M	313.1M	274M	271.6M	278.2M
Accounts Payable	433.7M	408.2M	457.7M	457.7M	469.6M	506.6M	506.6M	417.4M	374.7M	424M	392M	313.1M	274M	271.6M	278.2M
Other Payables	27M	22.9M	36.6M	36.6M	23.5M	34.1M	34.1M	14M	48.5M	19.2M	29M	0.0	0.0	0.0	-278.2M
Accrued Expenses	0.0	251.3M	248.5M	248.5M	0.0	0.0	0.0	0.0	0.0	184.2M	210.4M	199.2M	95.1M	126.5M	0.0
Short Term Debt	62.9M	39.1M	36.5M	36.5M	61.4M	60.1M	60.1M	65.3M	65.9M	51.6M	66.4M	46.9M	88.3M	12.2M	0.0
Capital Lease Obligations (Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	100K	0.0	100K	100K	200K	0.0
Tax Payables	27M	22.9M	36.6M	36.6M	23.5M	34.1M	34.1M	14M	48.5M	19.2M	29M	20.3M	20.8M	0.0	0.0
Deferred Revenue	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	587M	0.0	129.8M	115.9M	0.0	0.0
Other Current Liabilities	211.8M	0.0	0.0	0.0	197.8M	255.1M	255.1M	229.6M	169M	-100K	0.0	20.2M	107.7M	188.4M	311.7M
Total Current Liabilities	735.4M	721.5M	779.3M	779.3M	752.3M	855.9M	855.9M	726.3M	658.1M	679M	697.8M	579.5M	565.2M	598.9M	589.9M
NON-CURRENT LIABILITIES
Long Term Debt	2.3B	2.3B	2.4B	2.4B	2.4B	2.5B	2.5B	2.7B	2.9B	3B	3.9B	3.8B	3.8B	1.7B	1.8B
Deferred Revenue (Non-Current)	0.0	0.0	1.1M	1.1M	0.0	0.0	0.0	0.0	0.0	237.8M	257.7M	266.6M	233M	0.0	0.0
Deferred Tax Liabilities (Non-Current)	49.3M	56.8M	119.4M	119.4M	192M	283.7M	283.7M	360.4M	369.3M	439.5M	517.1M	652.3M	714.7M	0.0	0.0
Other Non-Current Liabilities	230.5M	228.9M	286.3M	286.3M	253.8M	266.9M	266.9M	375M	343.3M	315.1M	321.1M	25.2M	39.3M	633.2M	-1.8B
Total Non-Current Liabilities	2.7B	2.7B	2.9B	2.9B	3B	3.2B	3.2B	3.5B	3.7B	3.7B	4.7B	4.7B	4.8B	2.3B	1.8B
Other Liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	764.4M
Capital Lease Obligations	126.2M	127.3M	110.6M	110.6M	123.5M	118.6M	118.6M	113.6M	117.6M	2M	0.0	1.4M	1.6M	2.5M	0.0
Total Liabilities	3.5B	3.4B	3.7B	3.7B	3.7B	4.1B	4.1B	4.2B	4.4B	4.4B	5.4B	5.3B	5.4B	2.9B	3.1B
SHAREHOLDERS' EQUITY
Treasury Stock	-37.5M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-1.5M	-10.4M	0.0
Common Stock	2.6M	2.6M	2.6M	2.6M	2.8M	2.9M	2.9M	2.9M	2.9M	2.9M	1.6B	2.5M	0.0	0.0	0.0
Additional Paid-In Capital	2.6B	2.6B	2.6B	2.6B	2.5B	2.5B	2.5B	2.5B	2.4B	2.4B	1.6B	1.6B	1.6B	984M	0.0
Retained Earnings	1.7B	1.5B	1.5B	1.5B	1.5B	1.4B	1.4B	1.2B	1.1B	381.9M	136.9M	-14.3M	-72M	856.1M	716.8M
Accumulated Other Comprehensive Income/Loss	-917.1M	-1.1B	-828.5M	-828.5M	-917.8M	-825.2M	-825.2M	-805.4M	-858.4M	-854.3M	-747.4M	-915.9M	-759.9M	-33.2M	0.0
Other Total Stockholders' Equity	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	977.8M
Total Stockholders' Equity	3.3B	3B	3.2B	3.2B	3.1B	3.1B	3.1B	2.8B	2.7B	1.9B	1B	691.3M	786.3M	1.8B	1.7B
Total Equity	3.7B	3.3B	3.5B	3.5B	3.4B	3.5B	3.5B	3.2B	3B	2.3B	1.4B	1.1B	1.2B	2B	1.9B
Minority Interest	355.2M	316.7M	323.7M	323.7M	333.6M	381.7M	381.7M	379.3M	359.7M	386.3M	413.8M	377.1M	406.3M	235.1M	249.3M
SUMMARY
Total Liabilities & Equity	7.2B	6.8B	7.3B	7.3B	7.2B	7.5B	7.5B	7.4B	7.4B	6.7B	6.9B	6.4B	6.6B	4.9B	0.0
Total Investments	21M	0.0	54.1M	54.1M	32.7M	7.7M	7.7M	0.0	0.0	-439.5M	600K	6.5M	7.6M	9.2M	22.4M
Total Debt	2.5B	2.5B	2.6B	2.6B	2.6B	2.7B	2.7B	2.8B	3.1B	3B	4B	3.8B	3.9B	1.7B	0.0
Net Debt	1.7B	1.8B	1.8B	1.8B	2B	2B	2B	2.3B	2.5B	2.6B	3.4B	3.3B	3.6B	1.4B	-431.3M
Shares Outstanding	256,467,222	256,467,222	256,467,222	256,467,222	256,467,222	256,467,222	256,467,222	256,467,222	256,467,222	256,467,222	256,467,222	256,467,222	256,467,222	256,467,222	256,467,222

SEC Filings

GTES - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
DEF 14A DEF 14A 2026 N/A	May 27, 2026	June 25, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 01, 2026	March 28, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 01, 2026	May 01, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 20, 2026	June 04, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 12, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 12, 2026	February 12, 2026	2026	View Filing
10-Q 10-Q 2025 Q3 Q3	October 29, 2025	September 27, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 29, 2025	October 29, 2025	2025	View Filing
10-Q 10-Q 2025 Q2 Q2	July 30, 2025	June 28, 2025	2025	View Filing
8-K 8-K 2025 N/A	July 30, 2025	July 30, 2025	2025	View Filing

Showing 1 to 10 of 135 filings

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