
GATES INDUSTRIAL CORP LTD
GTESNYSETrading Snapshot
- Day Range
- $28.22 β $28.76
- 52-Week Range
- $20.88 β $30.34
- Volume
- $5.66B
- Avg Volume
- $5.83B
- Shares Outstanding
- 254.0M
- Next Earnings
- Sep 19, 2026
Fundamentals Snapshot
- Annual Revenue
- $3.44B
- Last Q Revenue
- $942M
- P/E Ratio
- 19.9
- P/S Ratio
- 2.1x
- EPS (TTM)
- $1.44
- Dividend Yield
- 0.00%
Why Investors Own GTES
- βHigh-growth profile β revenue up +0.4% YoY with expanding US Equity exposure.
- βHealthy economics β 48% gross margin and 14% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
Financial Trends
About GATES INDUSTRIAL CORP LTD
Gates Industrial Corporation plc operates worldwide, specializing in the engineering, manufacturing, and sale of sophisticated power transmission and fluid power systems. The company is organized into two main operational units: Power Transmission and Fluid Power. The Power Transmission segment delivers a wide array of belts, including V-belts, CVT belts, and Micro-V belts, whether synchronous or asynchronous, along with essential associated components like sprockets, pulleys, water pumps, and tensioners. These solutions are integral to various platforms, from stationary and mobile drive systems to engine components, personal mobility, and vertical lifting mechanisms. This division also provides metal drive parts and complete kits for the automotive aftermarket. Through its Fluid Power segment, Gates offers comprehensive hydraulic solutions, which encompass hoses, tubing, fittings, and pre-assembled units. These products are crucial for stationary and mobile hydraulic systems, engine applications, and a broad spectrum of other industrial uses. Gates' engineered products, all marketed under the Gates brand, cater to a diverse range of industries. These include construction, agriculture, energy, automotive, transportation, recreational vehicles, consumer products, and various industrial applications such as automated manufacturing and logistics systems. The company supplies both original equipment manufacturers and customers in the replacement parts channel. Established in 1911, Gates Industrial Corporation plc maintains its headquarters in Denver, Colorado.
Otter Score Breakdown
βAnalyst Price Target
βLatest News & Updates
GATES INDUSTRIAL CORP LTD tops quarterly estimates as demand accelerates
Revenue grew double digits with management guiding above consensus; margins continued to expand.
Analysts lift GTES price targets on improving margins
Several firms raised targets, citing stronger free cash flow and a healthier backlog.
GATES INDUSTRIAL CORP LTD announces new agreement to expand its footprint
The move broadens the companyβs reach and could add incremental revenue over the next year.