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Gates Industrial Corporation GTES Americas, excluding the U.S. — Net Sales

Other geography segments

APAC, excluding China
$92.3M

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 per share amounts)Three months ended / March 28,2026March 29,2025
Net sales$851.1$847.6
Cost of sales513.1503.0
Gross profit338.0344.6
Selling, general and administrative expenses226.9216.2
Transaction-related expenses0.50.4
Asset impairments0.6
Restructuring expenses0.71.6
Operating income from continuing operations109.9125.8

Item 1: Financial Statements (unaudited)

FAQ

What is Gates Industrial Corporation's americas, excluding the U.S. — net sales?
Gates Industrial Corporation (GTES) reported americas, excluding the U.S. — net sales of $130.8M in Q1 2026.
What does americas, excluding the U.S. — net sales mean?
This metric represents the total revenue generated from the sale of power transmission and fluid power solutions within the Americas region, specifically excluding the United States. It serves as a key indicator of the company's market penetration and demand for industrial components across North and South American markets outside of the U.S. Tracking this figure helps investors assess geographic diversification and the impact of regional economic conditions on the company's international industrial footprint.

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