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Gates Industrial Corporation GTES Payment to Acquire Life Insurance Policy, Investing Activities

Payment to Acquire Life Insurance Policy, Investing Activities at other companies

Columbia Banking Systems logo
Columbia Banking SystemsCOLB
$0-100%
EVR
EvergyEVRG
$1.9M-54.8%
EVR
EvergyEVRG
$1.9M-54.8%
PG&E logo
PG&EPCG
$357M+516%
Service Corporation International logo
Service Corporation InternationalSCI
$96K+68.4%
Gates Industrial Corporation logo
Gates Industrial CorporationGTES
$10.6M+51.4%

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$7.13B+22.1%
Enterprise value$8.58B+12.2%
P/E28.6×+1.7×
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 us-gaap:PaymentsToAcquireLifeInsurancePolicies.

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 payment to acquire life insurance policy, investing activities?
Gates Industrial Corporation (GTES) reported payment to acquire life insurance policy, investing activities of $10.6M in Q1 2026.
How has Gates Industrial Corporation's payment to acquire life insurance policy, investing activities changed year-over-year?
Gates Industrial Corporation's payment to acquire life insurance policy, investing activities increased by 51.4% year-over-year, from $7M to $10.6M.
What does payment to acquire life insurance policy, investing activities mean?
This metric represents cash outflows related to the purchase of company-owned life insurance (COLI) policies, often used as a financial planning tool or to fund future employee benefit obligations. It reflects the allocation of capital toward non-operating financial assets. Monitoring these payments helps investors understand the company's strategy for managing long-term liabilities and corporate liquidity.