Skip to content
Screener

Gates Industrial Corporation GTES Restructuring Reserve

Restructuring Reserve at other companies

Regal Rexnord logo
Regal RexnordRRX
$8.4M-39.6%
Flowserve logo
FlowserveFLS
$43.25M+205%
BorgWarner logo
BorgWarnerBWA
$4M-42.9%

Other financials

Income statement

See full
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

See full
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

See full
Operating cash flow$30.2M+314%
CapEx$16.7M-4.6%
Free cash flow$13.5M+232%

Valuation

See full
Market cap$7.42B+19.3%
Enterprise value$8.86B+13.0%
P/E29.8×-0.9×
P/S2.2×+0.3×

Profitability

See full
Gross margin39.6%-0.9pp
Operating margin13%-1.2pp
Net margin7.2%+0.8pp
FCF margin12.4%+2.9pp

Returns & leverage

See full
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:RestructuringReserve.

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
Balance as of the beginning of the period$16.3$2.8
Utilized during the period(4.2)(1.6)
Charge for the period0.91.7
Released during the period(0.2)(0.1)
Foreign currency translation(0.1)0.1
Balance as of the end of the period$12.7$2.9

Item 1: Financial Statements (unaudited)

FAQ

What is Gates Industrial Corporation's restructuring reserve?
Gates Industrial Corporation (GTES) reported restructuring reserve of $12.7M in Q1 2026.
How has Gates Industrial Corporation's restructuring reserve changed year-over-year?
Gates Industrial Corporation's restructuring reserve increased by 337.9% year-over-year, from $2.9M to $12.7M.
What is the long-term trend for Gates Industrial Corporation's restructuring reserve?
Over 5 years (2020 to 2025), Gates Industrial Corporation's restructuring reserve has grown at a -1.9% compound annual growth rate (CAGR), from $17.9M to $16.3M.
What does restructuring reserve mean?
This represents the estimated liability for costs associated with formal restructuring plans, such as severance, facility closures, or asset impairments. It reflects management's commitment to operational efficiency and strategic realignment. These reserves are drawn down as the restructuring activities are executed.

Ask your AI about Gates Industrial Corporation's restructuring reserve.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude