What is Gates Industrial Corporation's asset write-downs?

Gates Industrial Corporation (GTES) reported asset write-downs of $0 in Q1 2026.

How has Gates Industrial Corporation's asset write-downs changed year-over-year?

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

Gates Industrial Corporation GTES Asset write-downs

Asset write-downs at other companies

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$0-100%

Schlumberger SLB

$82.75M+104%

Phillips 66PSX

$8M-69.2%

Johnson & JohnsonJNJ

$36M+20.0%

CencoraCOR

$0—

Equinix, Inc.EQIX

$2M—

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: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 asset write-downs?: Gates Industrial Corporation (GTES) reported asset write-downs of $0 in Q1 2026.
How has Gates Industrial Corporation's asset write-downs changed year-over-year?: Gates Industrial Corporation's asset write-downs decreased by 100.0% year-over-year, from $600K to $0.