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Gates Industrial Corporation PLC

Common Name
Gates Industrial
Country
United States
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
14,100
Ticker
GTES
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Gates Industrial Corporation plc is a manufacturer of power transmission and fluid power solutions that serve a broad range of industrial and automotive applications worldwide. The company specializes...

Gates Industrial's Financial Statements Preview

Below are the financial statements of Gates Industrial, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

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All figures in millions of USD
2024
2023
2022
Net sales
3,408.2a
3,570.2a
3,554.2a
Cost of sales
-2,049.7a
-2,211.3a
-2,303.6a
Gross profit
1,358.5a
1,358.9a
1,250.6a
Selling, general and administrative expenses
-870a
-882.2a
-853.7a
Transaction-related expenses
-3.3a
-2.2a
-2.1a
Asset impairments
0a
-0.1a
-1.1a
Restructuring expenses
-6.5a
-11.6a
-9.5a
Other operating expenses
0a
-0.2a
-0.2a
Operating income from continuing operations
478.7a
462.6a
384a
Interest expense
-155.8a
-163.2a
-139.4a
Loss on deconsolidation of Russian subsidiary
-12.7a
0a
0a
Other (income) expenses
-17.8a
14.1a
-13.2a
Income from continuing operations before taxes
328a
285.3a
257.8a
Income tax expense
-107.5a
-28.3a
-14.9a
Net income from continuing operations
220.5a
257a
242.9a
Loss on disposal of discontinued operations, net of tax
-0.6a
-0.6a
-0.4a
Net income
219.9a
256.4a
242.5a
Less: non-controlling interests
25a
23.5a
21.7a
Net income attributable to shareholders
194.9a
232.9a
220.8a
Limited Data Preview
You are viewing a limited preview of Gates Industrial’s income statement data. The reported financial values are complete. The full dataset, available for download, additionally includes structured metadata for each line item, such as line item role (line item, subtotal, total) and financial classification (e.g., assets, liabilities, equity, revenue, expenses).
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Verified Sources Behind Gates Industrial’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Gates Industrial’s data sources below and access millions more through our Disclosure Search.

a. Gates Industrial's Annual Report 2024
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