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Other financials

Income statement

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Revenue$851.1M+0.4%
Gross profit$338.0M-1.9%
Operating income$109.9M-12.6%
Net income$59.7M-3.7%
EPS (diluted)$0.23-4.2%

Balance sheet

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Cash & equivalents$788.2M+22.6%
Total debt$2.2B-4.8%
Total equity$3.4B+8.5%
Total assets$7.1B+3.3%

Cash flow

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Operating cash flow$30.2M+314%
CapEx$16.7M-4.6%
Free cash flow$13.5M+232%

Valuation

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Market cap$7.42B+19.3%
Enterprise value$8.86B+13.0%
P/E29.8×-0.9×
P/S2.2×+0.3×

Profitability

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Gross margin39.6%-0.9pp
Operating margin13%-1.2pp
Net margin7.2%+0.8pp
FCF margin12.4%+2.9pp

Returns & leverage

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Return on equity7.7%+0.8pp
Debt / equity0.7×-0.1×
Current ratio3.7×+0.3×

Where this comes from

Reported directly by Gates Industrial Corporation in its filing.

Tagged under the XBRL concept us-gaap:CommonStockSharesAuthorized.

The source filing: Gates Industrial Corporation’s 10-Q, filed May 1, 2026.

Filed
May 1, 2026, 4:19 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-029351
(dollars in millions, except share numbers and per share amounts)As of March 28, 2026As of December 31, 2025
Total liabilities3,387.23,462.2
Commitments and contingencies (Note 18)
Shareholders’ equity
—Shares, par value of $0.01 each - authorized shares: 3,000,000,000; outstanding shares: 253,862,978 (December 31, 2025: authorized shares: 3,000,000,000; outstanding shares: 253,543,540)2.52.6
—Additional paid-in capital2,631.42,633.3
—Accumulated other comprehensive loss(925.4)(917.1)
—Treasury shares(16.5)(37.5)
—Retained earnings1,674.91,652.7

Item 1: Financial Statements (unaudited)

FAQ

What is Gates Industrial Corporation's common stock?
Gates Industrial Corporation (GTES) reported common stock of 3B in Q1 2026.
How has Gates Industrial Corporation's common stock changed year-over-year?
Gates Industrial Corporation's common stock decreased by 0.0% year-over-year, from 3B to 3B.
What is the long-term trend for Gates Industrial Corporation's common stock?
Over 5 years (2020 to 2025), Gates Industrial Corporation's common stock has grown at a 300.8% compound annual growth rate (CAGR), from 2.9M to 3B.
What does common stock mean?
The par value of all common shares issued and outstanding, typically a nominal amount ($0.01 or $0.001 per share).

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