GTES
Gates Industrial Corp Ltd. Industrials General Industrial Machinery & Equipment Russell 3000
$23.83Close
$6.0BMarket cap
$21.04 – $29.8452-week range
Late-januaryNext report · estimated
Highlights
Cautions
- Not in an uptrend 3 of 8 trend conditions
- Lagging the market RS 33 · weaker than 67% of stocks over 12 months
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
20%
1wk
down 5.0%
price change
1mo
down 9.0%
price change
12-month return
up 9%
market up 11% ·
its own down 5%
F-score
5 / 9
Mixed
Altman Z
8.30
Low risk
P/E
1.1×
price / earnings
PEG
—
P/E / EPS growth
P/B
1.8×
price / book
Earnings yield
up 94.9%
EBIT / enterprise value
Cheaper than
92%
of the market · markedly cheap
Revenue growth
up 19%
year on year
EPS growth
up 8%
latest quarter · -6 pts
Sales growth
up 6%
latest quarter · -25 pts
ROE
up 22%
return on equity
Free cash margin
up 15%
$3.6B FCF
D/E
0.66
long-term debt / equity
Net debt / EBITDA
0.2×
Interest cover
—EBIT / interest
Piotroski tests
- profitability slipped from last year
- profits not fully backed by cash
- issued more shares
- gross margin narrowed
- profitable on its assets
- generating cash from operations
- reduced long-term debt
- short-term liquidity improved
- assets working harder
Trade setup
ATR%
4.5%
$1.07 a day · 2×ATR $21.70
RS
33 / 99
vs the universe
Trend
3 / 8
trend template
Relative volume
2.7×
vs 50-day average
Up/down volume
0.84
50 sessions
Implied move
—
no scheduled report
Trend template · 3 of 8
- Price above the 150 and 200-day averages: fails
- 150-day average above the 200-day: passes
- 200-day average rising for a month: passes
- 50-day average above the 150 and 200-day: fails
- Price above the 50-day average: fails
- At least 30% above the 52-week low: fails
- Within 25% of the 52-week high: passes
- RS rank 70 or higher: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- Shareholders diluted The share count rose 63.6% over the year, from 155m to 254m shares. Each existing share owns a smaller fraction of the company than it did a year ago.
- Profit not backed by cash Reported profit of $5.6B came with $3.9B of operating cash flow. Profit that cash does not follow is the classic signature of aggressive accounting.
Last reported
Oct 30, 2026
Results reaction
Oct 30, 2026-7% vs market2 sessions after results
Financials
- Gross 6%
- Net 23%
- Free cash 15%
- Cash
- Long-term debt
| FY2020Jan 2, 2021 | FY2021Jan 1, 2022 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.8B | $3.5B | $17.9B | $17.9B | $20.4B | $24.2B |
| Gross margin | 37% | 39% | 7% | 8% | 7% | 6% |
| Operating income | $211.1M | $484.1M | $6.4B | $6.3B | $7.6B | $7.0B |
| Net income | $79.4M | $297.1M | $5.2B | $5.5B | $6.4B | $5.6B |
| Net margin | 3% | 9% | 29% | 31% | 31% | 23% |
| Earnings per share | $0.27 | $1.00 | $33.97 | $36.51 | $42.01 | $34.52 |
| Free cash flow | $250.8M | $304.7M | $4.4B | $3.8B | $4.7B | $3.6B |
| Free cash margin | 9% | 9% | 25% | 21% | 23% | 15% |
| Cash | $521.4M | $658.2M | $578.4M | $8.7B | $12.8B | $812.1M |
| Long-term debt | $2.7B | $2.5B | $2.4B | $2.4B | $2.3B | $2.2B |
| Shareholders' equity | $2.8B | $3.1B | $3.1B | $39.3B | $47.5B | $3.3B |
| Shares outstanding | 290.85m | 291.28m | 282.58m | 148.50m | 154.95m | 253.54m |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Oct 30, 2026 | Quarterly ↗ | Sep 26, 2026 | 34d |
| Aug 6, 2026 | Quarterly ↗ | Jun 30, 2026 | 37d |
| Jul 31, 2026 | Quarterly ↗ | Jun 27, 2026 | 34d |
| May 6, 2026 | Quarterly ↗ | Mar 31, 2026 | 36d |
| May 1, 2026 | Quarterly ↗ | Mar 28, 2026 | 34d |
| Feb 25, 2026 | Annual ↗ | Dec 31, 2025 | 56d |
| Feb 12, 2026 | Annual ↗ | Dec 31, 2025 | 43d |
| Nov 5, 2025 | Quarterly ↗ | Sep 30, 2025 | 36d |
| Oct 29, 2025 | Quarterly ↗ | Sep 27, 2025 | 32d |
| Aug 6, 2025 | Quarterly ↗ | Jun 30, 2025 | 37d |
| Jul 30, 2025 | Quarterly ↗ | Jun 28, 2025 | 32d |
| May 7, 2025 | Quarterly ↗ | Mar 31, 2025 | 37d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 30, 2026 | Results ↗ |
| Jul 31, 2026 | Results ↗ |
| Jul 16, 2026 | Other events ↗ |
| Jun 25, 2026 | Shareholder vote · Regulation FD · Other events ↗ |
| Jun 10, 2026 | Shareholder vote ↗ |
| May 1, 2026 | Results ↗ |
| Feb 12, 2026 | Results ↗ |
| Oct 29, 2025 | Results ↗ |
| Jul 30, 2025 | Results ↗ |
| Jun 10, 2025 | Shareholder vote ↗ |
| Apr 30, 2025 | Results ↗ |
| Mar 31, 2025 | Director or officer change ↗ |