What is Gates Industrial Corporation's impairment charges?

Gates Industrial Corporation (GTES) reported impairment charges of $0 in Q1 2026.

How has Gates Industrial Corporation's impairment charges changed year-over-year?

Gates Industrial Corporation's impairment charges decreased by 100.0% year-over-year, from $600K to $0.

What does impairment charges mean?

Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.

Gates Industrial Corporation GTES Impairment Charges

Impairment Charges at other companies

RBC BearingsRBC

$200K+60.0%

EnerSysENS

$100.5K-54.3%

AptivAPTV

$648M—

Rockwell AutomationROK

——

Segments

By segment

See full

Fluid Power$600K-40.0%

Power Transmission$100K-91.7%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow$30.2M+314%

CapEx$16.7M-4.6%

Free cash flow$13.5M+232%

Valuation

See full

Market cap$7.13B+22.1%

Enterprise value$8.58B+12.2%

P/E28.6×+1.7×

P/S2.1×+0.3×

Profitability

See full

Gross margin39.6%-0.9pp

Operating margin13%-1.2pp

Net margin7.2%+0.8pp

FCF margin12.4%+2.9pp

Returns & leverage

See full

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:AssetImpairmentCharges.

The official record: Gates Industrial Corporation’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Gates Industrial Corporation's impairment charges?: Gates Industrial Corporation (GTES) reported impairment charges of $0 in Q1 2026.
How has Gates Industrial Corporation's impairment charges changed year-over-year?: Gates Industrial Corporation's impairment charges decreased by 100.0% year-over-year, from $600K to $0.
What does impairment charges mean?: Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.