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GTES

Gates Industrial Corporation Ltd.

Industrials · USD

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Price alert · GTES

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23.83 USD -2.42 -9.22%
As of Oct 30, 2026 Extended hours 23.98 +0.63%
Bid
23.78 × 600
Ask
23.91 × 400
23.26 Day range 25.29
21.04 52-week range 29.84
YTD
+10.99%
1 year
+9.01%
Open
24.97
Prev close
26.25
Mkt cap
6.03B
Vol
4.98M
Avg vol
1.90M
EPS
1.41
P/E
16.90
Div yield
0.00%
More statistics
Low
23.26
High
25.29
Forward P/E
12.42
Beta
1.28
Short ratio
6.50
Inst. own
102.60%
Dividend
0.00
Ex-div date
Earnings
Oct 30, 2026
50-d avg
26.10
200-d avg
25.76
1y target
33.25

5D chart

Chart tools
Interval
GTES five-day price chart23.324.024.825.626.4Oct 26Oct 27Oct 28Oct 29Oct 30

Key statistics

Market cap
6.03B
Enterprise value
8.55B
Trailing P/E
16.89
Forward P/E
12.42
PEG ratio
0.00
Price / sales
1.72
Price / book
1.71
EPS (TTM)
1.41
Beta
1.28
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
10.37%
Revenue (TTM)
3.50B
Revenue growth
6.60%
Free cash flow
417.66M
Total cash
826.50M
Total debt
2.36B
Return on equity
10.38%
Shares outstanding
253.15M
Short % of float
5.33%
50-day average
26.10
200-day average
25.76

Analyst view

Consensus: buy

Buy
Price target (mean) 33.25 +39.5% upside
Target (low)
29.00
Target (mean)
33.25
Target (high)
39.00
Ratings (0m) 12 8 buy · 4 hold · 0 sell
  • Strong buy2
  • Buy6
  • Hold4
  • Sell0
  • Strong sell0

Next earnings

Oct 30, 2026

Expected Oct 30, 2026. Consensus EPS estimate 0.45048.

Earnings history

Financials — quick view

All financials
GTES Revenue — quarterly 941.60M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
GTES Net income — quarterly 170.90M
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026
GTES EPS — quarterly 0.67
2022-Q3 20222022-Q4 20222023-Q1 20232023-Q2 20232023-Q3 20232023-Q4 20232024-Q1 20242024-Q2 20242024-Q3 20242024-Q4 20242025-Q1 20252025-Q2 20252025-Q3 20252025-Q4 20252026-Q1 20262026-Q2 2026

Earnings

GTES recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Oct 30, 2026Sep 27, 20260.4399———
Jul 31, 2026Jun 27, 20260.41760.44+0.02+5.36%
May 1, 2026Mar 28, 20260.320.35+0.03+9.37%
Feb 12, 2026Dec 31, 20250.370.38+0.01+2.70%
Oct 29, 2025Sep 27, 20250.380.39+0.01+2.63%
Jul 30, 2025Jun 28, 20250.390.390.000.00%

Upgrades / downgrades

GTES analyst upgrades and downgrades
DateFirmActionFromTo
Sep 1, 2026DA Davidsoninit—Neutral
Aug 11, 2026Evercore ISI GroupmainIn-LineIn-Line
Aug 3, 2026CitigroupmainBuyBuy
Aug 3, 2026RBC CapitalmainOutperformOutperform
Aug 3, 2026JP MorganmainOverweightOverweight
Aug 3, 2026Wells FargomainEqual-WeightEqual-Weight

About Gates Industrial Corporation Ltd.

Gates Industrial Corporation Ltd. manufactures and sells engineered power transmission and fluid power solutions in the United States, rest of North America, South America, the United Kingdom, Luxembourg, rest of Europe, the Middle East, Africa, India, East Asia, and Greater China. It operates through two segments, Power Transmission and Fluid Power. It offers solutions for stationary and mobile drives, engine systems, personal mobility application platforms; elastomer drive belts; asynchronous and synchronous belts, V-belts, transmission belts, and micro-V belts; metal drive components, such as tensioners, idlers, pulleys, sprockets, mechanical water pumps, and other accessories used in belt drive systems; and kits for the automotive replacement channel. It also provides fluid power solutions for stationary and mobile hydraulics, vehicle systems, and other industrial application platforms; hydraulics comprising hoses, tubing, couplings, and fittings, as well as assemblies; thermal and emissions management and related products; and industrial hoses, including data center pumps. Its products are used in diversified industrial applications comprising automated manufacturing, logistics systems, and data centers; consumer applications of printers, power washers, automatic doors, and vacuum cleaners; industrial off-highway, such as construction and agriculture; industrial on-highway commercial vehicles, including heavy-duty trucks and buses; energy and resources markets, such as oil, gas, and mining; and personal mobility, including scooters, motorcycles, bicycles, all-terrain vehicles, and snowmobiles. It sells its products under the Gates brand. It offers its products to aftermarket channel customers and original equipment manufacturers. Gates Industrial Corporation Ltd. was formerly known as Gates Industrial Corporation plc and changed its name to Gates Industrial Corporation Ltd. in July 2026. The company was founded in 1911 and is based in Denver, Colorado.

Sector
Industrials
Industry
Specialty Industrial Machinery
Country
United States
Website
gates.com

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Insider holders

GTES insider holders
InsiderRelationLatest transactionDateShares held
BRACKEN CRISTIN C.OfficerConversion of Exercise of derivative securityMar 3, 2026169,923
ELIASSON FREDRIK JDirectorStock Award(Grant)Mar 3, 2026194,636
IRELAND JAMES WDirectorStock Award(Grant)Mar 3, 202670,788
JUREK IVOChief Executive OfficerConversion of Exercise of derivative securityMar 3, 20262,740,530
MAINS STEPHANIE K.DirectorStock Award(Grant)Mar 3, 202664,499
MALLARD LAWRENCE BROOKSChief Financial OfficerConversion of Exercise of derivative securityMar 3, 2026245,362

Institution ownership

GTES institution ownership
Holder% heldSharesValueReported
Blackrock Inc.11.89%30,092,179716.80MJun 29, 2026
FMR, LLC7.74%19,596,691466.79MJun 29, 2026
Vanguard Portfolio Management LLC5.17%13,097,099311.97MJun 29, 2026
Allspring Global Investments Holdings, LLC4.79%12,129,865288.93MJun 29, 2026
Dimensional Fund Advisors LP4.71%11,926,097284.08MJun 29, 2026
Vanguard Capital Management LLC4.55%11,516,480274.32MJun 29, 2026

Fund ownership

GTES fund ownership
Holder% heldSharesValueReported
iShares Trust-iShares Core S&P Small-Cap ETF5.96%15,079,421359.19MSep 29, 2026
ALLSPRING FUNDS TRUST-Allspring Special Mid Cap Value Fund3.83%9,691,900230.86MAug 30, 2026
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund3.19%8,075,420192.36MJun 29, 2026
VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund2.30%5,827,728138.82MJun 29, 2026
Fidelity Puritan Trust-Fidelity Low-Priced Stock Fund1.71%4,339,731103.37MJul 30, 2026
NEUBERGER BERMAN EQUITY FUNDS-Neuberger Genesis Fund1.47%3,728,13988.80MSep 29, 2026
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