GTES
Gates Industrial Corporation plc
NYSE · Industrials · Industrial - Machinery · US
$25.95
+3.02%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 3.5B | 3.4B | 3.4B | 3.6B | 3.6B |
| Cost of Revenue | 2.1B | 2.0B | 2.0B | 2.2B | 2.3B |
| Gross Profit | 1.4B | 1.4B | 1.4B | 1.4B | 1.3B |
| Operating Expenses | |||||
| R&D Expense | 71.9M | 71.9M | — | — | — |
| SG&A Expense | 896.6M | 794.0M | 870.0M | 882.2M | 853.7M |
| General & Admin Expense | 409.1M | 794.0M | 870.0M | 882.2M | 853.7M |
| Selling & Marketing Expense | 16.5M | — | — | — | — |
| Other Expenses | (64.9M) | — | 9.8M | 14.1M | 12.9M |
| Total Operating Expenses | 903.6M | 865.9M | 879.8M | 896.3M | 866.6M |
| Cost and Expenses | 3.0B | 2.9B | 2.9B | 3.1B | 3.2B |
| Operating Income (EBIT) | 515.5M | 528.3M | 478.7M | 462.6M | 384.0M |
| Non-Operating | |||||
| Interest Income | 9.5M | 9.6M | 13.7M | 17.5M | 3.6M |
| Interest Expense | 151.2M | 149.0M | 170.4M | 173.5M | 145.2M |
| Net Interest Income | (141.7M) | (139.4M) | (156.7M) | (156.0M) | (141.6M) |
| Other Non-Op Income/Expense | (171.2M) | (188.1M) | (150.7M) | (177.3M) | (126.2M) |
| Non-Operating Income (excl Interest) | 12.5M | 39.1M | 18.0M | 23.2M | (13.2M) |
| EBT (Pre-Tax Income) | 344.3M | 340.2M | 328.0M | 285.3M | 257.8M |
| Income Tax Expense | (45.4M) | 63.1M | 107.5M | 28.3M | 14.9M |
| Bottom Line | |||||
| Net Income | 363.9M | 251.4M | 194.9M | 232.9M | 220.8M |
| Earnings from Cont. Ops | 389.7M | 277.1M | 220.5M | 257.0M | 242.9M |
| Earnings from Discont. Ops | — | (800.0K) | (600.0K) | (600.0K) | (400.0K) |
| Bottom Line Net Income | 364.0M | 252.2M | 194.9M | 232.9M | 220.8M |
| Per Share | |||||
| Basic EPS | $1.43 | $0.96 | $0.75 | $0.86 | $0.78 |
| Diluted EPS | $1.42 | $0.96 | $0.74 | $0.85 | $0.77 |
| Revenue Per Share | $13.82 | $13.22 | $13.12 | $13.13 | $12.51 |
| Shares | |||||
| Basic Shares Outstanding | 253.6M | 260.5M | 259.9M | 271.9M | 284.1M |
| Diluted Shares Outstanding | 256.1M | 260.5M | 263.4M | 275.6M | 287.6M |
| Profitability Metrics | |||||
| EBITDA | 724.1M | 703.0M | 677.6M | 656.9M | 614.4M |
| D&A | 221.1M | 213.8M | 216.9M | 217.5M | 217.2M |
| EBIT | 503.0M | 489.2M | 460.7M | 439.4M | 397.2M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026