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Gates Industrial Corporation GTES Proceeds From Life Insurance Policies

Proceeds From Life Insurance Policies at other companies

Gates Industrial Corporation logo
Gates Industrial CorporationGTES
$3.7M+640%
Old National Bancorp logo
Old National BancorpONB
$3.75M-37.3%
EVR
EvergyEVRG
$49.6M+6,986%
Tetra Tech logo
Tetra TechTTEK
$483.5K—
Smurfit Kappa Group logo
Smurfit Kappa GroupSW
$3M—
GBC
Glacier BancorpGBCI
$987K—

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:ProceedsFromLifeInsurancePolicies.

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 proceeds from life insurance policies?
Gates Industrial Corporation (GTES) reported proceeds from life insurance policies of $3.7M in Q1 2026.
How has Gates Industrial Corporation's proceeds from life insurance policies changed year-over-year?
Gates Industrial Corporation's proceeds from life insurance policies increased by 640.0% year-over-year, from $500K to $3.7M.
What is the long-term trend for Gates Industrial Corporation's proceeds from life insurance policies?
Over 4 years (2021 to 2025), Gates Industrial Corporation's proceeds from life insurance policies has grown at a 19.5% compound annual growth rate (CAGR), from $2.4M to $4.9M.
What does proceeds from life insurance policies mean?
This metric represents cash inflows received from company-owned life insurance policies, typically triggered by the death of an insured individual or the surrender of a policy. It serves as a source of non-operating liquidity for the firm. Investors track this to identify one-time cash windfalls that may temporarily inflate cash flow from investing activities.