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Gates Industrial Corporation GTES Property, plant and equipment, net

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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:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization.

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, except share numbers and per share amounts)As of March 28, 2026As of December 31, 2025
Prepaid expenses and other assets180.9181.8
Total current assets2,489.42,481.5
Non-current assets
Property, plant and equipment, net599.5609.0
Goodwill2,020.62,035.2
Pension surplus7.67.6
Intangible assets, net1,158.71,192.4
Right-of-use assets152.0137.1

Item 1: Financial Statements (unaudited)

FAQ

What is Gates Industrial Corporation's property, plant and equipment, net?
Gates Industrial Corporation (GTES) reported property, plant and equipment, net of $599.5M in Q1 2026.
How has Gates Industrial Corporation's property, plant and equipment, net changed year-over-year?
Gates Industrial Corporation's property, plant and equipment, net increased by 2.7% year-over-year, from $583.5M to $599.5M.
What is the long-term trend for Gates Industrial Corporation's property, plant and equipment, net?
Over 5 years (2020 to 2025), Gates Industrial Corporation's property, plant and equipment, net has grown at a -2.9% compound annual growth rate (CAGR), from $705M to $609M.
What does property, plant and equipment, net mean?
This represents the net book value of long-term tangible assets used in the production, distribution, and administrative functions of the business. It includes manufacturing facilities, machinery, and equipment after accounting for accumulated depreciation. This metric is central to assessing the capital intensity of the company's operations.

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