Gates Industrial Corp Ltd.
Close on Oct 19, 2026
- Market cap
- $6.64B
- P/E (TTM)
- 18.4
- Dividend yield
- –
About Gates Industrial
General Industrial Machinery & Equipment, SIC 3560
Gates manufactures power transmission and fluid power solutions for industrial and automotive applications. The company functions across two reporting segments: Power Transmission and Fluid Power. Its power transmission portfolio includes elastomer drive belts such as asynchronous V-belts and synchronous timing belts, along with metal drive components like tensioners, idlers, pulleys, and automotive replacement kits. The fluid power segment produces hydraulic hoses, rigid tubing, couplings, and fittings for high-pressure systems, as well as thermal management hoses and industrial fluid transfer lines. Gates sells these products to aftermarket distributors, installers, and original equipment manufacturers across sectors such as automotive, agriculture, construction, energy, and data centers.
Gates serves customers globally, selling products in more than 130 countries across four commercial regions: the Americas, Europe, Middle East and Africa, Greater China, and East Asia and India. The company operates manufacturing facilities, service centers, and technical centers spanning 31 countries, supported by a global workforce of approximately 13,000 employees. The provided text does not state the location of the company's headquarters.
Summary of the business section of Gates Industrial's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Gates Industrial Corp Ltd.
- Founded
- 1911
- Headquarters
- Denver, CO
- Address
- 1144 Fifteenth Street, Suite 1400 80202
- Phone
- (303) 744-4876
- Website
- gates.com
- Employees
- 13,000, Dec 31, 2025
- Industry
- General Industrial Machinery & Equipment
- Incorporated in
- D0
- Fiscal year ends
- December 31
- Auditor
- Deloitte& Touche LLP, Denver, Colorado
Stock & identifiers
- Ticker
- GTES
- Exchange
- NYSE
- IPO date
- Jan 25, 2018
- Shares outstanding
- 253M, Jul 29, 2026
- Public float
- $5.79B, Jun 28, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1718512
- CUSIP
- G39108108
- ISIN
- USG391081084
- LEI
- 549300S6K4FWUSB9KM27
- EIN
- 98-1950337
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Ivo Jurek | Chief Exec Officer & Director | 2,740,530 |
| John Patouhas | Chief Accounting Officer | 6,348 |
| Matthew R. A. Heiman | Chief Legal Officer | – |
| Lawrence B. Mallard | Chief Financial Officer | 252,608 |
| Cristin C. Bracken | Chief Legal Officer | 169,923 |
| Thomas G. Pitstick | President, Americas | 288,421 |
| Gwendolyn Ann Montgomery | Chief Human Resources Officer | 54,864 |
| Peifang Zhang | Director | 44,044 |
| Joseph S. Cantie | Director | 13,964 |
| Stephanie K. Mains | Director | 64,499 |
| James W. Ireland | Director | 70,788 |
| Wilson S. Neely | Director | 141,150 |
| Neil P. Simpkins | Director | 1,044,020 |
| Fredrik J. Eliasson | Director | 194,636 |
| Alicia L. Tillman | Director | 41,068 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Ivo Jurek | $9.91M | $12.60M | $2.76M | $168 | $220 |
| FY2024 Ivo Jurek | $9.96M | $22.98M | $2.35M | $162 | $184 |
| FY2023 Ivo Jurek | $9.71M | $12.55M | $2.21M | $105 | $158 |
| FY2022 Ivo Jurek | $14.40M | $23.47M | $2.84M | $89 | $115 |
| FY2021 Ivo Jurek | $8.77M | $11.82M | $2.71M | $125 | $128 |
| FY2020 Ivo Jurek | $7.68M | $6.59M | $1.84M | $93 | $120 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we employed approximately 13,000 full time employees worldwide.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Jul 30, 2026 | Deregistration | Termination of SEC registration (Form 15) |
| Jul 20, 2026 | Delisting | Notice of delisting from exchange (Form 25) |
| Jul 20, 2026 | Name change | Name changed from Gates Industrial Corp plc to Gates Industrial Corp Ltd. |
| Jan 25, 2018 | IPO | Initial public offering priced (424B4 prospectus) |
| Jan 25, 2018 | Listing | Registration of securities on an exchange (Form 8-A) |