Gates Industrial Corporation plc (GTES)
| Market Cap | 6.62B +44.1% |
| Revenue (ttm) | 3.45B +1.6% |
| Net Income | 249.10M +14.8% |
| EPS | 0.95 +14.5% |
| Shares Out | 253.88M |
| PE Ratio | 27.46 |
| Forward PE | 15.35 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,360,867 |
| Open | 26.21 |
| Previous Close | 25.98 |
| Day's Range | 25.93 - 26.28 |
| 52-Week Range | 20.34 - 28.47 |
| Beta | 1.28 |
| Analysts | Buy |
| Price Target | 29.40 (+12.69%) |
| Earnings Date | May 1, 2026 |
About GTES
Gates Industrial Corporation plc 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. The company offers solutions for stationary and mobile drives, engine systems, and personal mobility application platforms; elastomer drive belts; asynchronous and synchronous belts, including V-bel... [Read more]
Financial Performance
In 2025, GTES's revenue was $3.44 billion, an increase of 1.03% compared to the previous year's $3.41 billion. Earnings were $251.40 million, an increase of 28.99%.
Financial StatementsAnalyst Summary
According to 10 analysts, the average rating for GTES stock is "Buy." The 12-month stock price target is $29.4, which is an increase of 12.69% from the latest price.
News
Gates Industrial to Participate in the 19th Annual Wolfe Research Global Transportation & Industrials Conference
DENVER, May 6, 2026 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE: GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, today announced ...
Gates Industrial price target lowered to $37 from $39 at Baird
Baird lowered the firm’s price target on Gates Industrial (GTES) to $37 from $39 and keeps an Outperform rating on the shares. The firm updated its model following Q1 results
Gates Industrial Corporation Earnings Call Transcript: Q1 2026
Q1 results met expectations despite ERP transition and fewer working days, with core sales down 2.9% but strong order trends and margin recovery underway. Guidance for 2026 is reiterated, supported by robust demand, a major acquisition, and improving operational efficiency.
Gates Industrial to acquire Timken’s belts business
Gates Industrial (GTES) has entered into a definitive agreement to acquire the belts business from Timken (TKR) including select manufacturing assets. Terms were not disclosed. Timken’s belts business...
Timken confirms sale of belts business to Gates Industrial, no terms disclosed
The Timken Company (TKR) announced that it has entered into a definitive agreement to sell the assets of its belts business to Gates Industrial (GTES). Financial terms of the agreement
Timken to Sell Belts Business to Gates
Action consistent with company's portfolio 80/20 approach Expected to improve adjusted EBITDA margins of Industrial Motion segment NORTH CANTON, Ohio, May 1, 2026 /PRNewswire/ -- The Timken Company (N...
Gates Industrial reports Q1 adjusted EPS 35c, consensus 33c
Reports Q1 revenue $851.1M, consensus $859.69M. Ivo Jurek, Gates Industrial’s (GTES) Chief Executive Officer, commented, “We executed well in the first quarter, successfully implementing a new enterpr...
Gates Corporation to Expand North American Power Transmission Business with Acquisition
Gates to acquire the belts business from The Timken Company DENVER, May 1, 2026 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE: GTES), a global manufacturer of innovative, highly engineered po...
Gates Industrial Reports First-Quarter 2026 Results
DENVER, May 1, 2026 /PRNewswire/ -- First-Quarter 2026 Financial Summary First-quarter net sales of $851.1 million, up 0.4% compared to the prior-year period, including a core revenue decrease of 2.9%...
Citi adds ‘upside 90-day catalyst watch’ on Gates Industrial
Citi opened an “upside 90-day catalyst watch” on shares of Gates Industrial (GTES) while keeping a By rating on the name with a $33 price target The firm sees margin
Gates Industrial Announces Fourth-Quarter 2025 Earnings Release Date
DENVER, April 9, 2026 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) will issue its first-quarter earnings release before the market opens on Friday, May 1, 2026. Management will host a ...
Gates Industrial price target lowered to $28 from $32 at Barclays
Barclays lowered the firm’s price target on Gates Industrial (GTES) to $28 from $32 and keeps an Overweight rating on the shares. The firm adjusted targets in the multi-industry group
Gates Industrial Corporation Transcript: JPMorgan Industrials Conference 2026
A global leader in power transmission and fluid power, the company leverages a resilient aftermarket, innovation in material science, and operational excellence to drive growth in personal mobility, data centers, and robotics. Strong cash generation and a disciplined capital allocation strategy support ongoing expansion and market leadership.
Gates Industrial price target raised to $27 from $25 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Gates Industrial (GTES) to $27 from $25 and keeps an Equal Weight rating on the shares. The firm is updating its model
Gates Industrial to Participate in the J.P. Morgan Industrials Conference
DENVER, March 5, 2026 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE: GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, today announce...
Gates Industrial Corporation Transcript: Barclays 43rd Annual Industrial Select Conference
Industrial OEM demand and order intake are strengthening, with cautious optimism for 2026. High-growth opportunities in personal mobility and data centers are on track, while operational improvements and capital discipline support steady financial performance.
Gates Industrial Corporation Transcript: Citi's Global Industrial Tech & Mobility Conference 2026
Personal mobility and data centers are driving strong growth, with Europe and Asia outperforming. Margin expansion is supported by operational initiatives, and robust free cash flow enables increased buybacks and M&A. Innovation and diversification remain strategic priorities.
Gates Industrial price target raised to $31 from $26 at RBC Capital
RBC Capital raised the firm’s price target on Gates Industrial (GTES) to $31 from $26 and keeps an Outperform rating on the shares after its “modest” Q4 miss. Among the
Gates Industrial price target raised to $39 from $27 at Baird
Baird raised the firm’s price target on Gates Industrial (GTES) to $39 from $27 and keeps an Outperform rating on the shares. The firm updated its model following Q4 results
Gates Industrial price target raised to $33 from $28 at UBS
UBS raised the firm’s price target on Gates Industrial (GTES) to $33 from $28 and keeps a Buy rating on the shares.
Gates Industrial price target raised to $33 from $27 at Citi
Citi analyst Andrew Kaplowitz raised the firm’s price target on Gates Industrial (GTES) to $33 from $27 and keeps a Buy rating on the shares.
Gates Industrial price target raised to $32 from $26 at Barclays
Barclays raised the firm’s price target on Gates Industrial (GTES) to $32 from $26 and keeps an Overweight rating on the shares.
Gates Industrial Corporation Earnings Call Transcript: Q4 2025
Delivered record adjusted EBITDA and EPS in 2025, with strong growth in personal mobility and data center segments. 2026 guidance anticipates 1%-4% core sales growth, margin expansion, and continued investment in strategic initiatives, while managing ERP and restructuring headwinds.
Gates Industrial reports Q4 adjusted EPS 38c, consensus 37c
Reports Q4 revenue $856.2M, consensus $853.35M. Ivo Jurek, Gates Industrial’s (GTES) CEO, commented, “In 2025, we delivered double-digit growth in earnings per share and reduced our net leverage ratio...
Gates Industrial Reports Fourth-Quarter and Full Year 2025 Results
DENVER, Feb. 12, 2026 /PRNewswire/ -- Fourth -Quarter 2025 Financial Summary Fourth-quarter net sales of $856.2 million, up 3.2% compared to the prior-year period, including a core sales growth of 0....