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Gates Industrial Corporation GTES North America — Number of customers (customer)

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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$7.24B+16.4%
Enterprise value$8.68B+10.7%
P/E29.1×-1.6×
P/S2.1×+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 gtes:NumberOfCustomers.

The source filing: Gates Industrial Corporation’s 10-K, filed February 12, 2026.

Filed
Feb 12, 2026, 4:40 PM EST
Fiscal year
FY2025
Accession
0001628280-26-007719

Gates has a significant concentration of sales in the U.S., which accounted for 38.8% of Gates’ net sales by destination from continuing operations during Fiscal 2025, compared to 38.9% during Fiscal 2024 and 38.9% during Fiscal 2023. During Fiscal 2025, Fiscal 2024 and Fiscal 2023, no single customer accounted for more than 10% of Gates’ net sales. Two customers of our North America businesses accounted for 13.7% and 8.4%, respectively, of our total trade accounts receivable balance as of December 31, 2025, compared to 13.7% and 6.1%, respectively, as of December 28, 2024. These concentrations are due to the extended payment terms common in the industry in which these businesses operate.

Item 16. Form 10-K Summary

FAQ

What is Gates Industrial Corporation's north america — number of customers (customer)?
Gates Industrial Corporation (GTES) reported north america — number of customers (customer) of 2 in Q4 2025.
What does north america — number of customers (customer) mean?
The total count of unique active client accounts within the North American geographic segment. This metric tracks the breadth of the customer base and market penetration for power transmission and fluid power solutions. It serves as a key indicator of market reach and the company's ability to diversify its revenue streams across industrial sectors.

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