Gates Industrial Corporation PLC

GTES Industrials Specialty Industrial Machinery

Gates Industrial Corporation PLC’s revenue for fiscal 2025 (year ended December 2025) was $3.4 billion, up 1.03% from fiscal 2024.

Revenue
+5.60%
EPS
+9.68%
Free cash flow
−47.5%
Total debt
−0.07%

Quarter to September 2026, against a year earlier

23.69 0.77 −3.15%
Market cap
$5.9B
P/E
16.3×
Fwd P/E
16.2×
Dividend yield
—
F-score
8/9
Altman Z
2.27
Beneish M
−2.54
Dividend safety
69/100

Gates Industrial Corporation PLC (GTES) Gross margin

Alert me on Gross margin

Gates Industrial Corporation PLC's gross margin over the twelve months to 30 September 2026 was 40.3%, up 0.5 percentage points from fiscal 2025 (39.8%). Over the past ten years it has ranged from 35.2% (fiscal 2022) to 40.0% (fiscal 2017); the current reading is higher than 82% of that period. That is above the Specialty Industrial Machinery industry median of 35.5% and above the Industrials sector median of 30.6%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 39.8% (0.02)
FY2024 39.9% 1.80
FY2023 38.1% 2.87
FY2022 35.2% (3.35)
FY2021 38.5% 1.49
FY2020 37.1% 0.04
FY2019 37.0% (2.74)
FY2018 39.8% (0.29)
FY2017 40.0% 1.42
FY2016 38.6% 0.88

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 42.4% 1.42
Jun 2026 41.0% 1.29
Mar 2026 39.7% 1.72
Dec 2025 38.0% (1.93)
35 more quarters

Against its own ten years

Low 35.2% High 40.0%
Ten-year median 38.5%
Current reading's percentile 92

Gross margin against peers

Company Gross margin
XE X-Energy, Inc. compare 100.0%
MIR Mirion Technologies, Inc. compare 48.1%
NPO Enpro Inc. compare 43.2%
CSW CSW Industrials, Inc. compare 42.1%
GTES Gates Industrial Corporation PLC 40.3%
AOS A. O. Smith Corporation compare 38.6%
MIDD The Middleby Corporation compare 38.4%
JBTM JBT Marel Corporation compare 35.5%
FELE Franklin Electric Co., Inc. compare 35.4%
Specialty Industrial Machinery industry median 35.5%
Industrials sector median 30.6%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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