GTESNYSEGeneral Industrial Machinery & EquipmentFiscal year ends December 31

Gates Industrial Corp Ltd.

Financials through Q2 FY2026, quarter ended Jun 27, 2026Last filing: 10-Q on Jul 31, 2026

$25.93+0.10 (+0.39%)

Close on Oct 19, 2026

Market cap: $6.64B
P/E (TTM): 18.4
Dividend yield: –

Gates Industrial Corp Ltd. balance sheet

Annual Quarterly

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-28	FY 2023 2023-12-30	FY 2022 2022-12-31	FY 2021 2022-01-01	FY 2020 2021-01-02	FY 2019 2019-12-28	FY 2018 2018-12-29	FY 2017 2017-12-30
Cash & Equivalents	812	685	724	581	661	524	637	425	566
Cash & Short-Term Investments	812	685	724	581	661	524	637	425	566
Receivables	744	723	768	809	708	695	695	742	714
Inventory	700	676	647	656	683	508	475	538	457
Prepaid Expenses & Other	182	197	235	221	211	153	131	104	77
Total Current Assets	2,482	2,306	2,401	2,277	2,279	1,907	1,959	1,815	1,826
Property, Plant & Equipment	609	580	630	638	670	705	728	756	686
Gross Property, Plant & Equipment	–	–	–	–	–	–	–	1,134	1,010
Accumulated Depreciation	–	–	–	–	–	–	–	-377	-323
Operating Lease Right-of-Use Assets	137	139	120	132	124	121	123	–	–
Goodwill	2,035	1,909	2,039	1,981	2,063	2,120	2,061	2,046	2,086
Intangible Assets	1,192	1,249	1,386	1,490	1,642	1,789	1,876	1,991	2,127
Deferred Tax Assets	640	554	622	600	639	673	587	5.10	–
Other Long-Term Assets	43	24	29	48	24	17	17	30	39
Total Assets	7,151	6,786	7,255	7,192	7,533	7,426	7,411	6,723	6,854
Accrued Expenses	239	251	249	223	277	252	189	184	210
Current Portion of Long-Term Debt	36	39	37	37	38	43	46	52	66
Current Debt	36	39	37	37	38	43	46	52	66
Current Portion of Leases	25	25	22	24	21	22	20	–	–
Current Income Taxes Payable	27	23	37	24	34	14	49	19	29
Total Current Liabilities	735	722	779	752	856	726	658	679	698
Long-Term Debt	2,196	2,312	2,415	2,426	2,527	2,666	2,912	2,953	3,889
Long-Term Leases	123	126	110	120	114	111	115	–	–
Operating Lease Liabilities	148	150	132	144	135	133	134	–	–
Deferred Tax Liabilities	49	57	119	192	284	360	369	440	517
Other Long-Term Liabilities	226	69	123	100	59	121	85	79	63
Total Liabilities	3,462	3,446	3,711	3,748	4,052	4,241	4,401	4,389	5,425
Total Debt	2,233	2,351	2,452	2,463	2,565	2,709	2,958	3,005	3,956
Common Stock	2.60	2.60	2.60	2.80	2.90	2.90	2.90	2.90	2.50
Additional Paid-In Capital	2,633	2,619	2,584	2,542	2,484	2,457	2,435	2,417	1,623
Retained Earnings	1,653	1,480	1,462	1,483	1,438	1,151	1,072	382	137
Treasury Stock	-38	0	0	–	0	–	–	–	–
Comprehensive Income & Other	-917	-1,077	-829	-918	-825	-805	-858	-854	-747
Shareholders' Equity	3,334	3,024	3,220	3,110	3,100	2,806	2,651	1,947	1,015
Noncontrolling Interest	355	317	324	334	382	379	360	386	414
Total Equity	3,689	3,340	3,544	3,444	3,481	3,185	3,011	2,334	1,428
Total Liabilities & Equity	7,151	6,786	7,255	7,192	7,533	7,426	7,411	6,723	6,854
Shares Outstanding(shares)	254	255	264	283	291	291	290	290	245

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 27, 2026

Profitability, TTM

Gross margin: 39.7%
Operating margin: 13.3%
Net margin: 10.4%
Return on equity, FY2025: 7.9%

Financial strength

Current ratio: 3.24
Debt to equity: 0.63
Debt to assets: 30.2%
Cash to current liabilities: 98.6%

Valuation

P/E ratio: 18.4
Price to sales: 1.90
Price to book: 1.89
Dividend yield: –