Gates Industrial Corp Ltd. (GTES) stock
GTESNYSEGeneral Industrial Machinery & EquipmentFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 26, 2026Last filing: 10-Q on Oct 30, 2026Score 12/3015% below fair value
$25.40+0.05 (+0.20%)
Close on Nov 13, 2026Market cap $6.38BP/E 17.6Yield –
Gates Industrial gross margin
Gross margin is gross profit as a percentage of revenue.
Gates Industrial's gross margin for the twelve months ending Sep 26, 2026 was 40.3%. For fiscal 2025 it was 39.8%, against 39.9% the year before. The highest annual figure on record is 40.0% in fiscal 2017.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 39.8% | −0.0 |
| FY2024 | Dec 28, 2024 | 39.9% | +1.8 |
| FY2023 | Dec 30, 2023 | 38.1% | +2.9 |
| FY2022 | Dec 31, 2022 | 35.2% | −3.4 |
| FY2021 | Jan 1, 2022 | 38.5% | +1.5 |
| FY2020 | Jan 2, 2021 | 37.0% | +0.0 |
| FY2019 | Dec 28, 2019 | 37.0% | −2.7 |
| FY2018 | Dec 29, 2018 | 39.7% | −0.3 |
| FY2017 | Dec 30, 2017 | 40.0% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 26, 2026 | 42.4% | +2.5 |
| Q2 FY2026 | Jun 27, 2026 | 41.0% | +0.2 |
| Q1 FY2026 | Mar 28, 2026 | 39.7% | −0.9 |
| Q4 FY2025 | Dec 31, 2025 | 38.0% | −2.4 |
| Q3 FY2025 | Sep 27, 2025 | 39.9% | −0.5 |
| Q2 FY2025 | Jun 28, 2025 | 40.8% | +0.4 |
| Q1 FY2025 | Mar 29, 2025 | 40.7% | +2.4 |
| Q4 FY2024 | Dec 28, 2024 | 40.4% | +1.3 |
| Q3 FY2024 | Sep 28, 2024 | 40.4% | +1.1 |
| Q2 FY2024 | Jun 29, 2024 | 40.4% | +2.7 |
| Q1 FY2024 | Mar 30, 2024 | 38.3% | +2.0 |
| Q4 FY2023 | Dec 30, 2023 | 39.1% | +4.4 |
| Q3 FY2023 | Sep 30, 2023 | 39.3% | +3.4 |
| Q2 FY2023 | Jul 1, 2023 | 37.7% | +1.7 |
| Q1 FY2023 | Apr 1, 2023 | 36.2% | +2.1 |
| Q4 FY2022 | Dec 31, 2022 | 34.7% | −0.4 |
| Q3 FY2022 | Oct 1, 2022 | 36.0% | −3.5 |
| Q2 FY2022 | Jul 2, 2022 | 36.0% | −4.1 |
| Q1 FY2022 | Apr 2, 2022 | 34.1% | −5.1 |
| Q4 FY2021 | Jan 1, 2022 | 35.1% | −2.9 |
| Q3 FY2021 | Oct 2, 2021 | 39.5% | +1.1 |
| Q2 FY2021 | Jul 3, 2021 | 40.1% | +4.8 |
| Q1 FY2021 | Apr 3, 2021 | 39.2% | +3.2 |
| Q4 FY2020 | Jan 2, 2021 | 38.0% | +2.0 |
| Q3 FY2020 | Sep 26, 2020 | 38.4% | +1.9 |
| Q2 FY2020 | Jun 27, 2020 | 35.3% | −1.9 |
| Q1 FY2020 | Mar 28, 2020 | 36.0% | −2.2 |
| Q4 FY2019 | Dec 28, 2019 | 36.0% | −3.1 |
| Q3 FY2019 | Sep 28, 2019 | 36.5% | −3.0 |
| Q2 FY2019 | Jun 29, 2019 | 37.2% | −3.6 |
| Q1 FY2019 | Mar 30, 2019 | 38.2% | −1.2 |
| Q4 FY2018 | Dec 29, 2018 | 39.1% | +0.5 |
| Q3 FY2018 | Sep 29, 2018 | 39.5% | −1.4 |
| Q2 FY2018 | Jun 30, 2018 | 40.9% | −0.5 |
| Q1 FY2018 | Mar 31, 2018 | 39.4% | +0.1 |
| Q4 FY2017 | Dec 30, 2017 | 38.6% | – |
| Q3 FY2017 | Sep 30, 2017 | 40.9% | – |
| Q2 FY2017 | Jul 1, 2017 | 41.4% | – |
| Q1 FY2017 | Apr 1, 2017 | 39.3% | – |
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