See more : RWE Aktiengesellschaft (RWE.SW) Income Statement Analysis – Financial Results
Complete financial analysis of Gates Industrial Corporation plc (GTES) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Gates Industrial Corporation plc, a leading company in the Industrial – Machinery industry within the Industrials sector.
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Gates Industrial Corporation plc (GTES)
About Gates Industrial Corporation plc
Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions worldwide. It operates in two segments, Power Transmission and Fluid Power. The company offers synchronous or asynchronous belts, including V-belts, CVT belts, and Micro-V belts, as well as related components, such as sprockets, pulleys, water pumps, tensioners, or other accessories; solutions for stationary and mobile drives, engine systems, personal mobility, and vertical lifts application platforms; metal drive components; and kits for automotive replacement channels. It also provides fluid power solutions comprising stationary hydraulics, mobile hydraulics, engine systems, and other industrial application platforms; and hydraulics, including hoses, tubing, and fittings, as well as assemblies. The company serves construction, agriculture, energy and resources, automotive, transportation, mobility and recreation, consumer products, and various industrial applications, such as automated manufacturing and logistics systems. It sells its engineered products under the Gates brand. The company offers its products to replacement channel customers, as well as to original equipment manufacturers. Gates Industrial Corporation plc was founded in 1911 and is headquartered in Denver, Colorado.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.57B | 3.55B | 3.47B | 2.79B | 3.09B | 3.35B | 3.04B | 2.75B | 2.75B | 3.04B | 2.95B | 2.92B |
| Cost of Revenue | 2.21B | 2.30B | 2.14B | 1.76B | 1.94B | 2.02B | 1.82B | 1.69B | 1.71B | 2.02B | 1.83B | 1.87B |
| Gross Profit | 1.36B | 1.25B | 1.34B | 1.03B | 1.14B | 1.33B | 1.22B | 1.06B | 1.04B | 1.03B | 1.11B | 1.05B |
| Gross Profit Ratio | 38.06% | 35.19% | 38.54% | 37.05% | 37.01% | 39.75% | 40.04% | 38.62% | 37.74% | 33.76% | 37.81% | 35.99% |
| Research & Development | 0.00 | 69.40M | 70.70M | 67.20M | 67.90M | 71.40M | 68.60M | 68.50M | 67.40M | 53.80M | 47.20M | 45.60M |
| General & Administrative | 879.20M | 847.20M | 852.70M | 776.90M | 777.30M | 805.80M | 779.60M | 744.10M | 784.50M | 815.70M | 462.40M | 491.00M |
| Selling & Marketing | 3.00M | 6.50M | 12.00M | 6.70M | 10.20M | 170.30M | 10.40M | 0.00 | 305.60M | 0.00 | 322.10M | 319.90M |
| SG&A | 882.20M | 853.70M | 852.70M | 776.90M | 777.30M | 805.80M | 779.60M | 744.10M | 784.50M | 815.70M | 784.50M | 810.90M |
| Other Expenses | 14.10M | 200.00K | -9.30M | -1.00M | 9.10M | -17.40M | -56.30M | 200.00K | 200.00K | -400.00K | 0.00 | 0.00 |
| Operating Expenses | 896.30M | 853.90M | 843.40M | 775.90M | 786.40M | 820.10M | 779.30M | 747.00M | 784.10M | 810.20M | 808.30M | 936.60M |
| Cost & Expenses | 3.11B | 3.16B | 2.98B | 2.53B | 2.73B | 2.84B | 2.60B | 2.43B | 2.49B | 2.83B | 2.64B | 2.81B |
| Interest Income | 17.50M | 3.60M | 3.20M | 4.30M | 5.70M | 3.70M | 4.60M | 3.00M | 1.80M | 2.00M | 131.20M | 205.40M |
| Interest Expense | 163.20M | 139.40M | 133.50M | 154.30M | 157.80M | 175.90M | 234.60M | 216.30M | 212.60M | 173.10M | 0.00 | 0.00 |
| Depreciation & Amortization | 217.50M | 217.20M | 222.60M | 218.60M | 222.20M | 218.50M | 212.20M | 240.80M | 269.90M | 248.50M | 208.70M | 228.90M |
| EBITDA | 676.30M | 620.20M | 720.50M | 489.70M | 583.90M | 734.50M | 656.80M | 554.70M | 521.90M | 586.70M | 538.70M | 469.80M |
| EBITDA Ratio | 18.94% | 17.64% | 20.65% | 17.60% | 19.05% | 21.26% | 19.55% | 20.31% | 19.08% | 15.36% | 18.28% | 16.07% |
| Operating Income | 462.60M | 384.00M | 484.10M | 211.10M | 346.80M | 496.80M | 400.40M | 298.80M | 184.60M | -400.00K | 330.00M | 240.90M |
| Operating Income Ratio | 12.96% | 10.80% | 13.93% | 7.56% | 11.23% | 14.84% | 13.16% | 10.88% | 6.72% | -0.01% | 11.20% | 8.24% |
| Total Other Income/Expenses | -177.30M | -126.20M | -134.40M | -140.10M | -148.00M | -193.30M | -293.40M | -212.30M | -142.90M | -124.60M | -125.30M | -331.10M |
| Income Before Tax | 285.30M | 257.80M | 349.70M | 71.00M | 198.80M | 303.50M | 109.50M | 92.90M | 41.70M | -125.00M | 175.00M | -90.20M |
| Income Before Tax Ratio | 7.99% | 7.25% | 10.07% | 2.54% | 6.44% | 9.07% | 3.60% | 3.38% | 1.52% | -4.11% | 5.94% | -3.09% |
| Income Tax Expense | 28.30M | 14.90M | 18.40M | -19.30M | -495.90M | 31.80M | -72.50M | 21.10M | -9.20M | -51.90M | 39.20M | 74.30M |
| Net Income | 232.90M | 220.80M | 297.10M | 79.40M | 690.10M | 245.30M | 151.30M | 57.70M | 24.90M | -142.10M | 107.30M | -39.00M |
| Net Income Ratio | 6.52% | 6.21% | 8.55% | 2.84% | 22.35% | 7.33% | 4.97% | 2.10% | 0.91% | -4.67% | 3.64% | -1.33% |
| EPS | 0.86 | 0.78 | 1.02 | 0.27 | 2.38 | 0.86 | 0.53 | 0.20 | 0.09 | -0.50 | 98.68 | -35.86 |
| EPS Diluted | 0.85 | 0.77 | 1.00 | 0.27 | 2.37 | 0.84 | 0.53 | 0.20 | 0.09 | -0.50 | 98.68 | -35.86 |
| Weighted Avg Shares Out | 271.88M | 284.06M | 291.62M | 290.68M | 290.06M | 285.91M | 283.97M | 283.97M | 283.97M | 283.97M | 1.09M | 1.09M |
| Weighted Avg Shares Out (Dil) | 275.65M | 287.59M | 297.29M | 292.12M | 291.63M | 291.70M | 283.97M | 283.97M | 283.97M | 283.97M | 1.09M | 1.09M |
Gates Industrial Announces First-Quarter 2024 Earnings Release Date
Gates Industrial: Improving Profitability Outlook Finally Driving The Stock Forward
Reminder: Gates Industrial to Host Capital Markets Day on March 11, 2024
Gates Offers Advanced Solutions for Data Center Cooling
GATES INTRODUCES CLEAN MASTER™ PLUS PRESSURE WASH HOSE
Gates Industrial to Participate in Upcoming Investor Conferences
GATES NAMED TO NEWSWEEK'S AMERICA'S GREATEST WORKPLACES 2024 FOR DIVERSITY
Gates Industrial Corporation plc (GTES) Q4 2023 Earnings Call Transcript
Gates Industrial Reports Fourth-Quarter and Full Year 2023 Results
Gates Industrial Announces Time Change for Fourth-Quarter 2023 Conference Call
Source: https://incomestatements.info
Category: Stock Reports