Gates Industrial Corporation plc logo

Gates Industrial Corporation plc

GTES

NYSEIndustrialsIndustrial - Machinery

Previous close

$25.64

−$0.25 · -0.97%

Aug 24, 10:05 AM ET

GTES company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

77

Undervalued

Momentum

50

Neutral

Sentiment

67

Bullish

Risk resilience

64

Moderate Risk

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Company profile

Company website

Gates Industrial Corporation plc operates worldwide, specializing in the engineering, manufacturing, and sale of sophisticated power transmission and fluid power systems. The company is organized into two main operational units: Power Transmission and Fluid Power. The Power Transmission segment delivers a wide array of belts, including V-belts, CVT belts, and Micro-V belts, whether synchronous or asynchronous, along with essential associated components like sprockets, pulleys, water pumps, and tensioners. These solutions are integral to various platforms, from stationary and mobile drive systems to engine components, personal mobility, and vertical lifting mechanisms. This division also provides metal drive parts and complete kits for the automotive aftermarket. Through its Fluid Power segment, Gates offers comprehensive hydraulic solutions, which encompass hoses, tubing, fittings, and pre-assembled units. These products are crucial for stationary and mobile hydraulic systems, engine applications, and a broad spectrum of other industrial uses. Gates' engineered products, all marketed under the Gates brand, cater to a diverse range of industries. These include construction, agriculture, energy, automotive, transportation, recreational vehicles, consumer products, and various industrial applications such as automated manufacturing and logistics systems. The company supplies both original equipment manufacturers and customers in the replacement parts channel. Established in 1911, Gates Industrial Corporation plc maintains its headquarters in Denver, Colorado.

Industry
Industrial - Machinery
Sector
Industrials
Headquarters
US
CEO
Ivo Jurek
Listed since
Jan 25, 2018
Employees
13,000

Market position

Day range

Current $25.64 below range

52-week range

Current $25.64

Open
$26.12
Previous close
$25.89
Volume
1.12M
0.56× average
Average volume
2M
Average daily volume
Market cap
6.58B USD
Beta
1.28
Market reference 1
50-day average
$27.274
-5.99% below average
200-day average
$24.7796
+3.47% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
7.29B USD
EV / EBITDA
10.37×
Earnings yield
4.49%
Free cash flow yield
7.24%

Profitability & efficiency

Return on equity
7.54%
Return on assets
3.52%
Return on invested capital
6.64%

Financial health

Current ratio
3.37×

Earnings

EPS beat rate
91%
10 beats, 0 misses, 1 met estimate
Average EPS surprise
+7.76%
11 comparable reports
Latest EPS result
0.44
Estimate 0.42 · Beat by 5.36%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.480.410.350.28Q1 '25BeatQ2 '25BeatQ3 '25MetQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 0.36, estimate 0.33, surprise +9.09%, Beat. Q2 2025, reported Apr 30, 2025: actual 0.36, estimate 0.33, surprise +9.09%, Beat. Q3 2025, reported Jul 30, 2025: actual 0.39, estimate 0.39, surprise 0.00%, Met estimate. Q4 2025, reported Oct 29, 2025: actual 0.39, estimate 0.38, surprise +2.63%, Beat. Q1 2026, reported Feb 12, 2026: actual 0.38, estimate 0.37, surprise +2.70%, Beat. Q2 2026, reported May 1, 2026: actual 0.35, estimate 0.32, surprise +9.37%, Beat. Q3 2026, reported Jul 31, 2026: actual 0.44, estimate 0.418, surprise +5.36%, Beat. Q4 2026, reported Oct 30, 2026: actual —, estimate 0.44, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates979.26M916.1M852.93M789.77MQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 6, 2025: actual 829.4M USD, estimate 827.43M USD, surprise +0.24%, Beat. Q2 2025, reported Apr 30, 2025: actual 847.6M USD, estimate 866.97M USD, surprise -2.23%, Miss. Q3 2025, reported Jul 30, 2025: actual 883.7M USD, estimate 837.33M USD, surprise +5.54%, Beat. Q4 2025, reported Oct 29, 2025: actual 855.7M USD, estimate 854.15M USD, surprise +0.18%, Beat. Q1 2026, reported Feb 12, 2026: actual 856.2M USD, estimate 853.25M USD, surprise +0.35%, Beat. Q2 2026, reported May 1, 2026: actual 851.1M USD, estimate 859.71M USD, surprise -1.00%, Miss. Q3 2026, reported Jul 31, 2026: actual 941.6M USD, estimate 927.29M USD, surprise +1.54%, Beat. Q4 2026, reported Oct 30, 2026: actual —, estimate 905.27M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$32.00

23.55% upside
Past 12 months12-month forecastHigh $34.00Average $32.00Low $28.00

GTES peers

ETFs holding GTES

Funds reporting this stock among their holdings, ordered by reported position size.

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