See more : ZTO Express (Cayman) Inc. (ZTO) 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.
- PC Partner Group Limited (PCPPF) Income Statement Analysis – Financial Results
- JZ Capital Partners Limited (JZCLF) Income Statement Analysis – Financial Results
- Fortum Oyj (FOT.DE) Income Statement Analysis – Financial Results
- Carl Zeiss Meditec AG (CZMWF) Income Statement Analysis – Financial Results
- ContentreeJoongAng corp. (036420.KS) Income Statement Analysis – Financial Results
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 (GTES) Is Attractively Priced Despite Fast-paced Momentum
Gates Industrial Corporation plc (GTES) Q3 2023 Earnings Call Transcript
Gates Industrial (GTES) Q3 Earnings Surpass Estimates
Gates Industrial Reports Third-Quarter 2023 Results
Gates Industrial to Participate in Baird's 2023 Global Industrial Conference
Gates Industrial Announces Third-Quarter 2023 Earnings Release Date
Gates Industrial to Participate in Morgan Stanley's 11th Annual Laguna Conference
Gates Industrial to Participate in the 2023 RBC Capital Markets Global Industrials Conference
Gates Industrial Corporation plc (GTES) Q2 2023 Earnings Call Transcript
Gates Industrial (GTES) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Source: https://incomestatements.info
Category: Stock Reports