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Gates Industrial Corporation GTES Restructuring expenses

Restructuring expenses at other companies

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$7.7M-61.1%
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$9M+50.0%
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$3.7M-47.1%
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Mercury SystemsMRCY
$1.8M-72.4%
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$0-100%
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US FoodsUSFD
$8M+60.0%

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 gtes:RestructuringChargesIncludingAdjustments.

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 restructuring expenses?
Gates Industrial Corporation (GTES) reported restructuring expenses of $700K in Q1 2026.
How has Gates Industrial Corporation's restructuring expenses changed year-over-year?
Gates Industrial Corporation's restructuring expenses decreased by 56.3% year-over-year, from $1.6M to $700K.
What is the long-term trend for Gates Industrial Corporation's restructuring expenses?
Over 3 years (2022 to 2025), Gates Industrial Corporation's restructuring expenses has grown at a 40.4% compound annual growth rate (CAGR), from $9.5M to $26.3M.
What does restructuring expenses mean?
This metric captures costs associated with organizational realignment, including workforce reductions, facility consolidations, and the exit of non-core business lines. These charges reflect management's efforts to optimize the cost structure and improve operational efficiency in response to changing market conditions. Investors analyze these expenses to differentiate between temporary restructuring impacts and the underlying long-term profitability of the core business.