See more : Tikehau Capital (TKKHF) 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.
- THC Biomed Intl Ltd. (THC.CN) Income Statement Analysis – Financial Results
- Public Joint Stock Company “City Innovative Technologies” (GRNT.ME) Income Statement Analysis – Financial Results
- Mensch und Maschine Software SE (0RS2.L) Income Statement Analysis – Financial Results
- Hanjin Kal (18064K.KS) Income Statement Analysis – Financial Results
- Total Transport Systems Limited (TOTAL.NS) 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 Announces Fourth-Quarter 2022 Earnings Release Date
Three value-stock investors favor these six picks for a rocky 2023
Gates Industrial: A Quality Industrial Name With Re-Rating Potential
Gates Industrial (GTES) Q3 Earnings Top Estimates
Gates Industrial Announces Third-Quarter 2022 Earnings Release Date
Is Gates Industrial (GTES) Suitable for Value Investors Now?
Brandes Investment Ups Bet on Graham
Gates Industrial Corporation plc (GTES) CEO Ivo Jurek on Q2 2022 Results - Earnings Call Transcript
Analysts Estimate Gates Industrial (GTES) to Report a Decline in Earnings: What to Look Out for
Gates Industrial Announces Second-Quarter 2022 Earnings Release Date
Source: https://incomestatements.info
Category: Stock Reports