Gates Industrial/$GTES
1D1W1MYTD1Y5YMAX
Capital at risk
About Gates Industrial
Gates Industrial Corp Ltd operates as a manufacturer of application-specific fluid power and power transmission solutions. Its product portfolio includes engineered components used in power transmission and fluid power applications across a range of end markets and geographic regions.
- Ticker
- $GTES
- Sector
- Industrials
- Primary listing
- NYSE
- Employees
- 13,000
- Headquarters
- Denver, United States
- Website
- www.gates.com/us/en.html
Gates Industrial Metrics
BasicAdvanced
$6.5B
18.15
$1.41
1.28
-
Price and volume
Market cap
$6.5B
Beta
1.28
52-week high
$30.34
52-week low
$24.27
Average daily volume
1.8M
Financial strength
Current ratio
3.244
Quick ratio
2.116
Long term debt to equity
0.597
Total debt to equity
0.607
Interest coverage (TTM)
4.06%
Profitability
EBITDA (TTM)
739.8
Gross margin (TTM)
40.53%
Net profit margin (TTM)
10.37%
Operating margin (TTM)
14.77%
Effective tax rate (TTM)
-13.19%
Revenue per employee (TTM)
$270,000
Management effectiveness
Return on assets (TTM)
4.43%
Return on equity (TTM)
10.38%
Valuation
Price to earnings (TTM)
18.149
Price to revenue (TTM)
1.857
Price to book
1.83
Price to tangible book (TTM)
17.14
Price to free cash flow (TTM)
17.178
Free cash flow yield (TTM)
5.82%
Free cash flow per share (TTM)
1.484
Growth
Revenue change (TTM)
3.34%
Earnings per share change (TTM)
81.08%
3-year revenue growth (CAGR)
-0.78%
3-year earnings per share growth (CAGR)
20.63%
Bulls say / Bears say
Gates reported Q2 net sales of $941.6 million, up 6.6% year-over-year (core sales up 4.9%), topping consensus by roughly $15 million and reflecting robust demand across its end markets. (SEC EDGAR)
Power Transmission segment net sales rose 7.0% year-over-year in Q2, with adjusted EBITDA margin expanding 60 basis points to 22.9%, underscoring strong operational leverage in its highest-margin business. (SEC EDGAR)
Acquisition of Timken’s belts business announced in May 2026 is expected to contribute about $5 million in monthly revenue, strategically augmenting Gates’ Power Transmission portfolio in North America. (PR Newswire) (Q1 Call Transcript)
The Fluid Power segment’s adjusted EBITDA margin contracted 120 basis points year‐over‐year to 21.7% in Q2, indicating margin pressure from cost inflation and limited pricing power. (SEC EDGAR)
Core sales growth over the six months ended June 27, 2026 was only 1.1%, signaling sluggish recovery in underlying demand outside of the Power Transmission segment. (SEC EDGAR)
First-quarter core sales declined 2.9% year-over-year due to the Europe ERP implementation and two fewer working days, highlighting execution risks from large-scale system integrations. (Q1 Call Transcript)
Data summarised monthly by Lightyear AI. Last updated on 27 Aug 2026.
Upcoming events
No upcoming events
Gates Industrial News
AllArticlesVideos
Funds containing Gates Industrial
AllUSDGBPEUR
Fund name | Fund size | $GTES weighting |
|---|---|---|
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.37% |
iShares S&P Small Cap 600£ISP6 | £2.4B | 0.37% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.14% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | £2.4B | 0.14% |
iShares MSCI World Small Cap$WSML | $9B | 0.06% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.
