How has Gates Industrial Corporation's tax on share settlement changed year-over-year?

Gates Industrial Corporation's tax on share settlement decreased by 25.2% year-over-year, from $11.5M to $8.6M.

What does tax on share settlement mean?

Cash paid to tax authorities for employee share vesting, where the company withholds shares and pays the tax obligation in cash.

Gates Industrial Corporation GTES Tax on Share Settlement

Tax on Share Settlement 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$7.13B+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:PaymentsRelatedToTaxWithholdingForShareBasedCompensation.

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 tax on share settlement?: Gates Industrial Corporation (GTES) reported tax on share settlement of $8.6M in Q1 2026.
How has Gates Industrial Corporation's tax on share settlement changed year-over-year?: Gates Industrial Corporation's tax on share settlement decreased by 25.2% year-over-year, from $11.5M to $8.6M.
What does tax on share settlement mean?: Cash paid to tax authorities for employee share vesting, where the company withholds shares and pays the tax obligation in cash.