Gates Industrial Past Earnings Performance
Past criteria checks 3/6
Gates Industrial's earnings have been declining at an average annual rate of -24.1%, while the Machinery industry saw earnings growing at 15% annually. Revenues have been growing at an average rate of 3.6% per year. Gates Industrial's return on equity is 7.3%, and it has net margins of 6.5%.
Key information
-24.1%
Earnings growth rate
-23.3%
EPS growth rate
| Machinery Industry Growth | 10.7% |
| Revenue growth rate | 3.6% |
| Return on equity | 7.3% |
| Net Margin | 6.5% |
| Next Earnings Update | 01 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Gates Industrial makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Dec 23 | 3,570 | 234 | 878 | 0 |
| 30 Sep 23 | 3,600 | 256 | 893 | 0 |
| 01 Jul 23 | 3,588 | 229 | 879 | 0 |
| 01 Apr 23 | 3,559 | 217 | 840 | 0 |
| 31 Dec 22 | 3,554 | 221 | 847 | 0 |
| 01 Oct 22 | 3,477 | 199 | 833 | 0 |
| 02 Jul 22 | 3,478 | 218 | 854 | 0 |
| 02 Apr 22 | 3,487 | 261 | 876 | 0 |
| 01 Jan 22 | 3,474 | 297 | 852 | 0 |
| 02 Oct 21 | 3,453 | 259 | 841 | 0 |
| 03 Jul 21 | 3,303 | 230 | 807 | 0 |
| 03 Apr 21 | 2,964 | 112 | 776 | 0 |
| 02 Jan 21 | 2,793 | 80 | 767 | 0 |
| 26 Sep 20 | 2,725 | 75 | 750 | 0 |
| 27 Jun 20 | 2,759 | 68 | 753 | 0 |
| 28 Mar 20 | 2,992 | 112 | 768 | 0 |
| 28 Dec 19 | 3,087 | 691 | 777 | 0 |
| 28 Sep 19 | 3,154 | 747 | 768 | 0 |
| 29 Jun 19 | 3,235 | 771 | 782 | 0 |
| 30 Mar 19 | 3,301 | 836 | 796 | 0 |
| 29 Dec 18 | 3,348 | 246 | 803 | 0 |
| 29 Sep 18 | 3,337 | 289 | 816 | 0 |
| 30 Jun 18 | 3,270 | 242 | 812 | 0 |
| 31 Mar 18 | 3,164 | 156 | 799 | 0 |
| 30 Dec 17 | 3,042 | 151 | 777 | 0 |
| 30 Sep 17 | 2,928 | 34 | 620 | 0 |
| 01 Jul 17 | 2,843 | 40 | 602 | 0 |
| 01 Apr 17 | 2,775 | 52 | 599 | 0 |
| 31 Dec 16 | 2,747 | 45 | 744 | 0 |
| 02 Jan 16 | 2,745 | 25 | 626 | 0 |
| 03 Jan 15 | 3,042 | -92 | 816 | 0 |
| 29 Mar 14 | 2,967 | 122 | 777 | 0 |
| 31 Dec 13 | 2,947 | 107 | 785 | 0 |
| 28 Sep 13 | 2,889 | 26 | 772 | 0 |
| 29 Jun 13 | 2,878 | -15 | 786 | 0 |
Quality Earnings: 1JL has high quality earnings.
Growing Profit Margin: 1JL's current net profit margins (6.5%) are higher than last year (6.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1JL's earnings have declined by 24.1% per year over the past 5 years.
Accelerating Growth: 1JL's earnings growth over the past year (5.7%) exceeds its 5-year average (-24.1% per year).
Earnings vs Industry: 1JL earnings growth over the past year (5.7%) did not outperform the Machinery industry 7.9%.
Return on Equity
High ROE: 1JL's Return on Equity (7.3%) is considered low.