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Gates Industrial Corporation GTES Proceeds from disposals of property, plant and equipment

Proceeds from disposals of property, plant and equipment at other companies

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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$7.15B+17.2%
Enterprise value$8.59B+11.3%
P/E28.7×-1.4×
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:ProceedsFromSaleOfPropertyPlantAndEquipment.

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)Three months ended / March 28,2026Three months ended / March 29,2025
Purchases of intangible assets(4.8)(8.7)
Cash paid under company-owned life insurance policies(10.6)(7.0)
Cash received under company-owned life insurance policies3.70.5
Proceeds from the sale of property, plant and equipment1.32.0
Other investing activities(0.1)(0.3)
Net cash used in investing activities(27.2)(31.0)
Cash flows from financing activities
Issuance of shares0.51.8

Item 1: Financial Statements (unaudited)

FAQ

What is Gates Industrial Corporation's proceeds from disposals of property, plant and equipment?
Gates Industrial Corporation (GTES) reported proceeds from disposals of property, plant and equipment of $1.3M in Q1 2026.
How has Gates Industrial Corporation's proceeds from disposals of property, plant and equipment changed year-over-year?
Gates Industrial Corporation's proceeds from disposals of property, plant and equipment decreased by 35.0% year-over-year, from $2M to $1.3M.

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