Gates Industrial Corporation Ltd GTES Stock Analysis
- NYSE
- Stock
- Market closed · opens Monday 9:30 AM ET
$24.10 up $0.54, 2.29% at close Nov 6
Last close · Previous close $23.56
- Market cap
- $6.10BAt the Nov 6 close
- P/E ratio
- 16.85On last 12 months’ EPS
- Diluted EPS
- $1.43Last 12 months
- Dividend yield
- NoneLast 12 months
Price chart
$24.10up $0.54, 2.29%Fri, Nov 6 session
Use the left and right arrow keys to move along the chart.
Price data
Trading
- Previous close$23.56Nov 5
- Volume2.54MNov 6 session
Shares traded on all US exchanges in the last completed session. Live intraday volume covers IEX only, so it is left out.
- Avg. volume2.53MLast 21 sessions
The average daily shares traded over the last 21 trading sessions, about one calendar month.
- 52-week range: $23.00 to $30.34; now $24.10
The lowest and highest trades over the past 52 weeks, adjusted for splits. The marker shows the latest price.
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
Performance
Past performance, measured to the Nov 6 close. Total return includes reinvested dividends.Price change only, without dividends. Compared with the S&P 500, using SPY.
GTES trailed the S&P 500 in both periods.
| Period | GTES and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | GTES: down 14.7% S&P 500: down 5.6% | GTES trailed the S&P 500 by 9.1 percentage points Trailed |
| 3M | GTES: down 15.7% S&P 500: down 4.1% | GTES trailed the S&P 500 by 11.6 percentage points Trailed |
GTES trailed the S&P 500 in both periods.
| Period | GTES and S&P 500 | vs S&P 500 |
|---|---|---|
| Short term | ||
| 1M | GTES: down 14.7% S&P 500: down 5.6% | GTES trailed the S&P 500 by 9.1 percentage points Trailed |
| 3M | GTES: down 15.7% S&P 500: down 4.3% | GTES trailed the S&P 500 by 11.4 percentage points Trailed |
All-time high
$29.84
Closing high on . Now 19.2% below that record.
Split-adjusted daily closes since Jul 20, 2026.
Stock splits
GTES hasn’t split since its price history begins in 2026.
Valuation
The Nov 6 close compared with the last 12 months of reported results (the four quarters to Sep 26, 2026). Tap a metric to see how it’s calculated.
Price-to-earnings (P/E)
16.9×The Nov 6 close ÷ diluted EPS over the last 12 months ($1.43)
Other valuation measures
- 1.7×Last 12 months’ revenue
Market value divided by revenue over the last 12 months. Useful when earnings are small or negative.
P/S = Market cap ÷ Revenue (last 12 months)Price-to-sales ratio - 1.7×Book value as of Sep 26, 2026
Price relative to accounting equity (book value) per share on the Sep 26, 2026 balance sheet. Asset-light companies often trade far above book value.
P/B = Price ÷ Book value per sharePrice-to-book ratio - 11.2×Last 12 months’ EBITDA
Enterprise value divided by EBITDA over the last 12 months. It compares companies with different amounts of debt.
EV/EBITDA = Enterprise value ÷ EBITDA (last 12 months)EV/EBITDA explained - 0.29Last 12 months’ EPS growth
The P/E divided by the growth in diluted EPS over the last 12 months (+57.1% on the 12 months before). It looks backward: near 1 means the P/E roughly matches last year’s growth. Sites that use analysts’ growth forecasts show a different PEG.
PEG = P/E ÷ EPS growth (%) = 16.9 ÷ 57.1 - 6.04%Last 12 months’ free cash flow
Free cash flow over the last 12 months as a share of the company’s market value: the cash the business generated for each dollar of stock.
FCF yield = Free cash flow (last 12 months) ÷ Market capFree cash flow - $7.62BAt the Nov 6 close
What it would cost to buy the whole business: the market cap at the Nov 6 close, plus debt, minus cash and short-term investments from the Sep 26, 2026 balance sheet.
EV = Market cap + Debt − Cash and short-term investmentsEV/EBITDA explained
Build your own GTES DCF in Excel. Value Gates Industrial with your own growth and margin assumptions.Browse DCF models Free DCF calculator
Financials
Reported results, not forecasts. From company filings via Tiingo; the latest report is Q3 FY26, the quarter ended Sep 26, 2026. “Last 12 months” means the four quarters from Sep 28, 2025 to Sep 26, 2026, and balance-sheet figures are as of Sep 26, 2026.
Revenue and net income
Last 12 months, with the change from the 12 months before
- Revenue
- $3.55Bup 4.0%
- Net income
- $368.40Mup 55.6%
- Diluted EPS
- $1.43up 57.1%
Data table
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| Q4 FY24 (Dec 28, 2024) | $829.40M | $36.60M | $0.14 |
| Q1 FY25 (Mar 29, 2025) | $847.60M | $62.00M | $0.24 |
| Q2 FY25 (Jun 28, 2025) | $883.70M | $56.50M | $0.22 |
| Q3 FY25 (Sep 27, 2025) | $855.70M | $81.60M | $0.31 |
| Q4 FY25 (Dec 31, 2025) | $856.20M | $51.30M | $0.19 |
| Q1 FY26 (Mar 28, 2026) | $851.10M | $59.70M | $0.23 |
| Q2 FY26 (Jun 27, 2026) | $941.60M | $170.90M | $0.67 |
| Q3 FY26 (Sep 26, 2026) | $903.60M | $86.50M | $0.34 |
| Period | Revenue | Net income | Diluted EPS |
|---|---|---|---|
| FY21 (Jan 1, 2022) | $3.47B | $297.10M | $1.00 |
| FY22 (Dec 31, 2022) | $3.55B | $220.80M | $0.77 |
| FY23 (Dec 30, 2023) | $3.57B | $232.90M | $0.84 |
| FY24 (Dec 28, 2024) | $3.41B | $194.90M | $0.74 |
| FY25 (Dec 31, 2025) | $3.44B | $251.40M | $0.96 |
Margins
- Gross 40.3%
- Operating 13.4%
- Net 10.4%
The percentages above the chart cover the last 12 months; the lines show each quarter. What margins tell you
Cash flow
- $368.30MLast 12 months
Cash from operations minus capital spending: the cash left after the business maintains and grows its assets.
FCF = Operating cash flow − Capital spendingFree cash flow - Operating cash flow$439.80MLast 12 months
- Capital spending$71.50MLast 12 months
- 10.4%Last 12 months
Free cash flow as a share of revenue, both over the last 12 months.
Shareholder returns
- $198.30MLast 12 months
Cash spent repurchasing shares, net of shares issued. Buybacks shrink the share count, so each remaining share owns more of the company.
- Dividends paid$0.00Last 12 months
- Total returned$198.30MLast 12 months
54% of free cash flow
Balance sheet
- $830.80MAs of Sep 26, 2026
Cash plus short- and long-term marketable securities on the Sep 26, 2026 balance sheet.
- Total debt$2.35BAs of Sep 26, 2026
- Net debt$1.52BAs of Sep 26, 2026
- 3.41As of Sep 26, 2026
Current assets divided by current liabilities on the Sep 26, 2026 balance sheet. Above 1 means short-term assets cover the bills due within a year.
Current ratio = Current assets ÷ Current liabilitiesCurrent ratio - 0.66As of Sep 26, 2026
Total debt divided by shareholders’ equity on the Sep 26, 2026 balance sheet: a measure of financial leverage.
D/E = Total debt ÷ Shareholders’ equityDebt-to-equity ratio
Financial strength
- 7 of 9Last 12 months
vs the 12 beforeA 0–9 checklist from accounting professor Joseph Piotroski. Each test compares the last 12 months with the 12 months before and scores a point if it passes. 8–9 is strong; 0–2 is weak.
- ✓Net income was positive: passed
- ✓Operating cash flow was positive: passed
- ✓Return on assets improved: passed
- ✓Operating cash flow exceeded net income: passed
- ✓Long-term debt fell relative to assets: passed
- ✗Current ratio improved: not passed
- ✓Share count didn’t rise: passed
- ✗Gross margin improved: not passed
- ✓Asset turnover (revenue ÷ assets) improved: passed
- 10.7%Last 12 months
Over the last 12 months, Gates Industrial’s net income was 10.7% of its shareholders’ equity (averaged over the last four quarter-ends). It describes the past year, not an expected return.
ROE = Net income (last 12 months) ÷ Average equityReturn on equity - 5.1%Last 12 months
Over the last 12 months, Gates Industrial’s net income was 5.1% of its total assets (averaged over the last four quarter-ends): what the business earned on everything it owns.
ROA = Net income (last 12 months) ÷ Average total assets
About Gates Industrial Corporation Ltd
Gates is a global manufacturer of innovative, highly engineered power transmission and fluid power solutions. Gates offers a broad portfolio of products to diverse replacement channel customers, and to OEMs as specified components. Gates participates in many sectors of the industrial and consumer markets. Our products play essential roles in a diverse range of applications across a wide variety of end markets ranging from harsh and hazardous industries to everyday consumer applications, including virtually every form of transportation. Our products are sold in more than 130 countries across our three commercial regions: the Americas; Europe, Middle East & Africa; Asia-Pacific.
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery
- Headquarters
- Colorado, USA
- SEC filings
- EDGAR (opens in a new tab)
- Exchange
- NYSE
- Asset type
- Common stock
- Price history since
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GTES stock FAQ
What is GTES stock’s price today?
Gates Industrial (GTES) traded at $24.10 at the close on , up $0.54 (2.29%) from the previous close of $23.56. Over the past 52 weeks it has traded between $23.00 and $30.34.
What is Gates Industrial’s market cap?
Gates Industrial’s market capitalization is about $6.1 billion. That’s Tiingo’s daily market cap for , at that day’s closing price of $24.10 (how market cap works). Gates Industrial reported 253.15M shares outstanding at the end of its latest quarter ().
What is GTES’s P/E ratio?
GTES trades at 16.9 times its diluted earnings over the four quarters to ($1.43 per share), at the close. (How the P/E ratio works.)
How much revenue does Gates Industrial make?
Gates Industrial reported $3.6 billion of revenue over the four quarters to , up 4.0% from the twelve months before. In its latest quarter (Q3 FY26, ended ) revenue was $903.6 million, up 5.6% from a year earlier.
Is Gates Industrial profitable?
Yes. Gates Industrial earned $368.4 million of net income over the four quarters to , a net margin of 10.4%, and its operating margin was 13.4% (what margins tell you).
What are GTES’s earnings per share?
GTES’s diluted earnings per share were $1.43 over the four quarters to , compared with $0.91 in the twelve months before. The latest quarter (Q3 FY26) brought $0.34 per share, against $0.31 a year earlier (how EPS works).
Does GTES pay a dividend?
Gates Industrial hasn’t paid a dividend in the last twelve months.
What is GTES’s 52-week high and low?
Over the past 52 weeks GTES has traded as low as $23.00 and as high as $30.34. At $24.10 at the close on , it is 20.6% below that high and 4.8% above the low.
What is GTES’s all-time high?
GTES’s highest closing price was $29.84 on , adjusted for stock splits. At $24.10 at the close on , it is 19.2% below that record.
Has GTES stock ever split?
No. GTES hasn’t split since its price history begins in 2026.
What sector and industry is Gates Industrial in?
Gates Industrial is in the Industrials sector and the Specialty Industrial Machinery industry, and is headquartered in Colorado, USA.
What exchange does GTES trade on?
Gates Industrial trades on the NYSE under the ticker symbol GTES. Its price history on this dashboard begins on .
Member SIPC.Low CommissionsLearn More (opens in a new tab)Sponsored. Affiliate link: I may earn a commission. The inclusion of Interactive Brokers’ (IBKR) name, logo or weblink is present pursuant to an advertising arrangement only. IBKR is not a contributor, reviewer, provider or sponsor of content published on this site, and is not responsible for the accuracy of any products or services discussed.
About this data. Data sourced by Tiingo (opens in a new tab). The live price is Tiingo’s real-time price, based on IEX trades and quotes; intraday charts show IEX trades, and volume figures are consolidated totals for completed sessions. Prices are split-adjusted, and total returns assume dividends are reinvested. Financials come from company filings and can lag new reports. Times are Eastern.
This page is for education, not investment advice. Past performance doesn't predict future returns. Logos provided by Logo.dev (opens in a new tab).
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