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Gates Industrial NYSE:GTES Stock Report

Last Price

US$22.23

Market Cap

US$5.8b

7D

10.5%

1Y

30.8%

Updated

14 May, 2025

Data

Company Financials +

Gates Industrial Corporation plc

NYSE:GTES Stock Report

Market Cap: US$5.8b

GTES Stock Overview

Manufactures and sells engineered power transmission and fluid power solutions worldwide. More details

GTES fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance2/6
Financial Health3/6
Dividends0/6

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Gates Industrial Corporation plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Gates Industrial
Historical stock prices
Current Share PriceUS$22.23
52 Week HighUS$23.85
52 Week LowUS$14.70
Beta1.23
1 Month Change27.91%
3 Month Change0.23%
1 Year Change30.76%
3 Year Change79.71%
5 Year Change132.53%
Change since IPO20.16%

Recent News & Updates

There's Been No Shortage Of Growth Recently For Gates Industrial's (NYSE:GTES) Returns On Capital

May 14
There's Been No Shortage Of Growth Recently For Gates Industrial's (NYSE:GTES) Returns On Capital

Gates Industrial Corporation plc (NYSE:GTES) Investors Are Less Pessimistic Than Expected

May 01
Gates Industrial Corporation plc (NYSE:GTES) Investors Are Less Pessimistic Than Expected

Is It Too Late To Consider Buying Gates Industrial Corporation plc (NYSE:GTES)?

Apr 16
Is It Too Late To Consider Buying Gates Industrial Corporation plc (NYSE:GTES)?

Recent updates

There's Been No Shortage Of Growth Recently For Gates Industrial's (NYSE:GTES) Returns On Capital

May 14
There's Been No Shortage Of Growth Recently For Gates Industrial's (NYSE:GTES) Returns On Capital

Gates Industrial Corporation plc (NYSE:GTES) Investors Are Less Pessimistic Than Expected

May 01
Gates Industrial Corporation plc (NYSE:GTES) Investors Are Less Pessimistic Than Expected

Is It Too Late To Consider Buying Gates Industrial Corporation plc (NYSE:GTES)?

Apr 16
Is It Too Late To Consider Buying Gates Industrial Corporation plc (NYSE:GTES)?

Does Gates Industrial (NYSE:GTES) Have A Healthy Balance Sheet?

Mar 31
Does Gates Industrial (NYSE:GTES) Have A Healthy Balance Sheet?

Returns On Capital Are Showing Encouraging Signs At Gates Industrial (NYSE:GTES)

Feb 12
Returns On Capital Are Showing Encouraging Signs At Gates Industrial (NYSE:GTES)

Gates Industrial Corporation plc's (NYSE:GTES) Popularity With Investors Is Clear

Jan 28
Gates Industrial Corporation plc's (NYSE:GTES) Popularity With Investors Is Clear

Why Gates Industrial Corporation plc (NYSE:GTES) Could Be Worth Watching

Jan 07
Why Gates Industrial Corporation plc (NYSE:GTES) Could Be Worth Watching

Gates Industrial: Bullish Sentiment Continuing Due To Strong Momentum And Elevated EPS Growth

Dec 17

Take Care Before Diving Into The Deep End On Gates Industrial Corporation plc (NYSE:GTES)

Oct 14
Take Care Before Diving Into The Deep End On Gates Industrial Corporation plc (NYSE:GTES)

When Should You Buy Gates Industrial Corporation plc (NYSE:GTES)?

Sep 18
When Should You Buy Gates Industrial Corporation plc (NYSE:GTES)?

Gates Industrial: Growing Margins Paving Way To A Higher Stock Price

Sep 10
author-image

Calculated Shifts And Market Adaptations Set To Bolster Growth Despite Challenges

Aug 30 Adoption of normalized adjusted effective tax rate and expansion in adjusted EBITDA margin point to improved profitability and earnings stability.

Gates Industrial Corporation plc's (NYSE:GTES) Subdued P/E Might Signal An Opportunity

Jul 02
Gates Industrial Corporation plc's (NYSE:GTES) Subdued P/E Might Signal An Opportunity

Increases to CEO Compensation Might Be Put On Hold For Now at Gates Industrial Corporation plc (NYSE:GTES)

Jun 14
Increases to CEO Compensation Might Be Put On Hold For Now at Gates Industrial Corporation plc (NYSE:GTES)

Is Now An Opportune Moment To Examine Gates Industrial Corporation plc (NYSE:GTES)?

Jun 10
Is Now An Opportune Moment To Examine Gates Industrial Corporation plc (NYSE:GTES)?

Gates Industrial: Maintaining Robust Margin With Plans For Market Extension

Jun 09

Gates Industrial: Improving Profitability Outlook Finally Driving The Stock Forward

Mar 22

Shareholder Returns

GTESUS MachineryUS Market
7D10.5%8.5%5.3%
1Y30.8%2.9%11.5%

Return vs Industry: GTES exceeded the US Machinery industry which returned 2.9% over the past year.

Return vs Market: GTES exceeded the US Market which returned 11.5% over the past year.

Price Volatility

Is GTES's price volatile compared to industry and market?
GTES volatility
GTES Average Weekly Movement8.5%
Machinery Industry Average Movement7.4%
Market Average Movement8.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market4.2%

Stable Share Price: GTES has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: GTES's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
191114,100Ivo Jurekwww.gates.com

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, and other accessories; solutions for stationary and mobile drives, engine systems, and personal mobility application platforms; metal drive components; and kits for automotive replacement channels.

Gates Industrial Corporation plc Fundamentals Summary

How do Gates Industrial's earnings and revenue compare to its market cap?
GTES fundamental statistics
Market capUS$5.81b
Earnings (TTM)US$217.70m
Revenue (TTM)US$3.39b

26.3x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GTES income statement (TTM)
RevenueUS$3.39b
Cost of RevenueUS$2.02b
Gross ProfitUS$1.38b
Other ExpensesUS$1.16b
EarningsUS$217.70m

Last Reported Earnings

Mar 29, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.85
Gross Margin40.55%
Net Profit Margin6.42%
Debt/Equity Ratio68.5%

How did GTES perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/14 21:41
End of Day Share Price 2025/05/14 00:00
Earnings2025/03/29
Annual Earnings2024/12/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Gates Industrial Corporation plc is covered by 25 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David LarkamArden Partners Plc.
Michael HalloranBaird
Julian MitchellBarclays