Gates Industrial Past Earnings Performance
Past criteria checks 3/6
Gates Industrial's earnings have been declining at an average annual rate of -20.7%, while the Machinery industry saw earnings growing at 11.5% annually. Revenues have been growing at an average rate of 4.4% per year. Gates Industrial's return on equity is 7.1%, and it has net margins of 6.4%.
Key information
-20.7%
Earnings growth rate
-19.0%
EPS growth rate
Machinery Industry Growth | 8.8% |
Revenue growth rate | 4.4% |
Return on equity | 7.1% |
Net Margin | 6.4% |
Last Earnings Update | 29 Jun 2024 |
Recent past performance updates
Recent updates
When Should You Buy Gates Industrial Corporation plc (NYSE:GTES)?
Sep 18Gates Industrial: Growing Margins Paving Way To A Higher Stock Price
Sep 10Gates Industrial Corporation plc's (NYSE:GTES) Subdued P/E Might Signal An Opportunity
Jul 02Increases to CEO Compensation Might Be Put On Hold For Now at Gates Industrial Corporation plc (NYSE:GTES)
Jun 14Is Now An Opportune Moment To Examine Gates Industrial Corporation plc (NYSE:GTES)?
Jun 10Gates Industrial: Maintaining Robust Margin With Plans For Market Extension
Jun 09Does Gates Industrial (NYSE:GTES) Deserve A Spot On Your Watchlist?
May 01Gates Industrial Corporation plc's (NYSE:GTES) Intrinsic Value Is Potentially 95% Above Its Share Price
Apr 16Market Participants Recognise Gates Industrial Corporation plc's (NYSE:GTES) Earnings
Mar 28Gates Industrial: Improving Profitability Outlook Finally Driving The Stock Forward
Mar 22Is Now An Opportune Moment To Examine Gates Industrial Corporation plc (NYSE:GTES)?
Feb 08Do Gates Industrial's (NYSE:GTES) Earnings Warrant Your Attention?
Jan 04The Market Doesn't Like What It Sees From Gates Industrial Corporation plc's (NYSE:GTES) Earnings Yet
Dec 18Gates Industrial (NYSE:GTES) Has A Somewhat Strained Balance Sheet
Dec 02Should You Think About Buying Gates Industrial Corporation plc (NYSE:GTES) Now?
Nov 03Gates Industrial: Encouraging Q3 Report Needed To Finally Create A Floor For The Stock
Nov 02Is Gates Industrial Corporation plc (NYSE:GTES) Trading At A 41% Discount?
Oct 03Here's Why Gates Industrial (NYSE:GTES) Has Caught The Eye Of Investors
Aug 24Gates Industrial Corporation: Breaking Records And Driving Growth
Aug 14Is There Now An Opportunity In Gates Industrial Corporation plc (NYSE:GTES)?
Aug 02Is Gates Industrial Corporation plc (NYSE:GTES) Trading At A 28% Discount?
Jun 16These 4 Measures Indicate That Gates Industrial (NYSE:GTES) Is Using Debt Extensively
May 01Revenue & Expenses Breakdown
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 |
---|---|---|---|---|
29 Jun 24 | 3,473 | 222 | 276 | 54 |
30 Mar 24 | 3,535 | 247 | 869 | 0 |
30 Dec 23 | 3,559 | 202 | 287 | 54 |
30 Sep 23 | 3,600 | 238 | 322 | 57 |
01 Jul 23 | 3,588 | 211 | 307 | 57 |
01 Apr 23 | 3,559 | 217 | 834 | 0 |
31 Dec 22 | 3,554 | 204 | 293 | 57 |
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 |
Quality Earnings: GTES has high quality earnings.
Growing Profit Margin: GTES's current net profit margins (6.4%) are higher than last year (5.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: GTES's earnings have declined by 20.7% per year over the past 5 years.
Accelerating Growth: GTES's earnings growth over the past year (5%) exceeds its 5-year average (-20.7% per year).
Earnings vs Industry: GTES earnings growth over the past year (5%) did not outperform the Machinery industry 10.9%.
Return on Equity
High ROE: GTES's Return on Equity (7.1%) is considered low.