GTES - Gates Industrial Corporation plc
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$32.40
DETAILS
HIGH:
$39.00
LOW:
$27.00
MEDIAN:
$32.00
CONSENSUS:
$32.40
UPSIDE:
32.35%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||
| Revenue | 3,443.2 | 3,408.2 | 3,570.2 | 3,554.2 | 3,474.4 | 2,793 | 3,087.1 | 3,347.6 | 3,041.7 | 2,747 | 2,745.1 | 3,042.2 | 2,947.3 | 2,922.8 |
| Cost of Revenue | 2,049 | 2,049.7 | 2,211.3 | 2,303.6 | 2,135.2 | 1,758.3 | 1,944.6 | 2,017 | 1,823.7 | 1,686.2 | 1,709 | 2,015.2 | 1,832.8 | 1,871 |
| Gross Profit | 1,394.2 | 1,358.5 | 1,358.9 | 1,250.6 | 1,339.2 | 1,034.7 | 1,142.5 | 1,330.6 | 1,218 | 1,060.8 | 1,036.1 | 1,027 | 1,114.5 | 1,051.8 |
| Operating Expenses | ||||||||||||||
| R&D Expenses | 71.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 47.2 | 45.6 |
| SG&A Expenses | 794 | 870 | 882.2 | 853.7 | 852.7 | 776.9 | 777.3 | 805.8 | 777.1 | 737.7 | 784.5 | 815.7 | 784.5 | 810.9 |
| Other Expenses | 0 | 9.8 | 14.1 | 12.9 | 2.4 | 46.7 | 9.1 | 14.3 | (0.3) | 2.8 | (0.4) | (5.5) | 0 | 0 |
| Operating Expenses | 865.9 | 879.8 | 896.3 | 866.6 | 855.1 | 823.6 | 786.4 | 820.1 | 776.8 | 740.5 | 784.1 | 810.2 | 808.3 | 936.6 |
| Operating Income | ||||||||||||||
| Operating Income | 528.3 | 478.7 | 462.6 | 384 | 484.1 | 211.1 | 346.8 | 496.8 | 402.9 | 305.3 | 184.6 | (0.4) | 330 | 240.9 |
| Interest Expense | 149 | 170.4 | 173.5 | 145.2 | 135.3 | 158 | 165.6 | 199.7 | 234.6 | 216.3 | 212.6 | 173.1 | 0 | 0 |
| Interest Income | 9.6 | 13.7 | 17.5 | 3.6 | 3.2 | 4.3 | 5.7 | 3.7 | 4.6 | 0 | 0 | 0 | 131.2 | 205.4 |
| Profitability | ||||||||||||||
| EBITDA | 742.1 | 677.6 | 656.9 | 614.4 | 705.8 | 443.9 | 578.8 | 697.9 | 556.3 | 550.1 | 524.2 | 296.6 | 538.7 | 469.8 |
| EBIT | 528.3 | 460.7 | 439.4 | 397.2 | 483.2 | 225.3 | 356.6 | 479.4 | 344.1 | 309.3 | 254.3 | 48.1 | 330 | 240.9 |
| Income Before Tax | 340.2 | 328 | 285.3 | 257.8 | 349.7 | 71 | 198.8 | 303.5 | 109.5 | 93 | 41.7 | (125) | 175 | (90.2) |
| Income Tax Expense | 63.1 | 107.5 | 28.3 | 14.9 | 18.4 | (19.3) | (495.9) | 31.8 | (72.5) | 21.1 | (9.2) | (51.9) | 39.2 | 74.3 |
| Net Income | 251.4 | 194.9 | 232.9 | 220.8 | 297.1 | 79.4 | 690.1 | 245.3 | 151.3 | 57.7 | 24.9 | (142.1) | 107.3 | (39) |
| Per Share Data | ||||||||||||||
| EPS (Basic) | 0.98 | 0.75 | 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) | 0.96 | 0.74 | 0.85 | 0.77 | 1.00 | 0.27 | 2.37 | 0.84 | 0.53 | 0.20 | 0.09 | -0.50 | 98.68 | -35.86 |
| Shares Outstanding | 261.9 | 259.9 | 271.9 | 284.1 | 291.6 | 290.7 | 290.1 | 285.9 | 284.0 | 284.0 | 284.0 | 284.0 | 1.1 | 1.1 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 812.1 | 682 | 720.6 | 581.4 | 660.9 | 524.1 | 635.3 | 423.4 | 564.4 | 527.2 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.6 |
| Net Receivables | 744.2 | 751.3 | 798.6 | 821.6 | 727.2 | 723.6 | 716.8 | 749.5 | 713.8 | 659.4 |
| Inventory | 700 | 676 | 647.2 | 656.2 | 682.6 | 508.2 | 475.1 | 537.6 | 457.1 | 366.9 |
| Other Current Assets | 225.2 | 196.7 | 234.9 | 218.2 | 208 | 150.7 | 131.4 | 0 | 17.8 | 0 |
| Total Current Assets | 2,481.5 | 2,306 | 2,401.3 | 2,277.4 | 2,278.7 | 1,906.6 | 1,958.6 | 1,814.6 | 1,826.2 | 1,624.7 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 746.1 | 718.9 | 750.1 | 769.7 | 794.5 | 825.9 | 850.9 | 756.3 | 686.2 | 599.6 |
| Goodwill | 2,035.2 | 1,908.9 | 2,038.7 | 1,981.1 | 2,063 | 2,120.2 | 2,060.5 | 2,045.9 | 2,085.5 | 1,912.3 |
| Intangible Assets | 1,192.4 | 1,248.6 | 1,386.1 | 1,490.4 | 1,642.2 | 1,788.6 | 1,876 | 1,990.6 | 2,126.8 | 2,144.1 |
| Long-Term Investments | 21 | 0 | 54.1 | 32.7 | 7.7 | 0 | 0 | (439.5) | 0.6 | 3.9 |
| Other Non-Current Assets | 56.2 | 50.4 | 1.8 | 40 | 107.6 | 112.4 | 78.2 | 115.2 | (388.7) | 96.3 |
| Total Non-Current Assets | 4,669.9 | 4,480.3 | 4,853.2 | 4,914.2 | 5,254.3 | 5,519.7 | 5,452.7 | 4,908 | 5,027.5 | 4,758.6 |
| Total Assets | 7,151.4 | 6,786.3 | 7,254.5 | 7,191.6 | 7,533 | 7,426.3 | 7,411.3 | 6,722.6 | 6,853.7 | 6,383.3 |
| Current Liabilities | ||||||||||
| Account Payables | 433.7 | 408.2 | 457.7 | 469.6 | 506.6 | 417.4 | 374.7 | 424 | 392 | 313.1 |
| Short-Term Debt | 62.9 | 39.1 | 36.5 | 61.4 | 60.1 | 65.3 | 65.9 | 51.6 | 66.4 | 46.9 |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 587 | 0 | 129.8 |
| Other Current Liabilities | 211.8 | 0 | 0 | 197.8 | 255.1 | 229.6 | 169 | (0.1) | 0 | 20.2 |
| Total Current Liabilities | 735.4 | 721.5 | 779.3 | 752.3 | 855.9 | 726.3 | 658.1 | 679 | 697.8 | 579.5 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 2,320.8 | 2,311.5 | 2,415 | 2,426.4 | 2,526.5 | 2,666 | 2,912.3 | 2,953.4 | 3,889.3 | 3,790 |
| Deferred Tax Liabilities | 49.3 | 56.8 | 119.4 | 192 | 283.7 | 360.4 | 369.3 | 439.5 | 517.1 | 652.3 |
| Other Non-Current Liabilities | 230.5 | 228.9 | 286.3 | 253.8 | 266.9 | 375 | 343.3 | 315.1 | 321.1 | 25.2 |
| Total Non-Current Liabilities | 2,726.8 | 2,724.5 | 2,931.3 | 2,995.7 | 3,195.7 | 3,515 | 3,742.5 | 3,709.9 | 4,727.5 | 4,735.4 |
| Total Liabilities | 3,462.2 | 3,446 | 3,710.6 | 3,748 | 4,051.6 | 4,241.3 | 4,400.6 | 4,388.9 | 5,425.3 | 5,314.9 |
| Stockholders' Equity | ||||||||||
| Common Stock | 2.6 | 2.6 | 2.6 | 2.8 | 2.9 | 2.9 | 2.9 | 2.9 | 1,625.1 | 2.5 |
| Retained Earnings | 1,652.7 | 1,479.6 | 1,462.3 | 1,482.9 | 1,437.9 | 1,151.4 | 1,072 | 381.9 | 136.9 | (14.3) |
| Accumulated Other Comprehensive Income | (917.1) | (1,077.2) | (828.5) | (917.8) | (825.2) | (805.4) | (858.4) | (854.3) | (747.4) | (915.9) |
| Total Stockholders' Equity | 3,334 | 3,023.6 | 3,220.2 | 3,110 | 3,099.7 | 2,805.7 | 2,651 | 1,947.4 | 1,014.6 | 691.3 |
| Total Liabilities & Equity | 7,151.4 | 6,786.3 | 7,254.5 | 7,191.6 | 7,533 | 7,426.3 | 7,411.3 | 6,722.6 | 6,853.7 | 6,383.3 |
| Debt Metrics | ||||||||||
| Total Debt | 2,509.9 | 2,477.9 | 2,562.1 | 2,611.3 | 2,705.2 | 2,844.9 | 3,095.8 | 3,005 | 3,955.7 | 3,838.3 |
| Net Debt | 1,697.8 | 1,795.9 | 1,841.5 | 2,029.9 | 2,044.3 | 2,320.8 | 2,460.5 | 2,581.6 | 3,391.3 | 3,311.1 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 251.4 | 219.9 | 256.4 | 242.5 | 331.3 | 90 | 694.1 | 271.1 | 182.7 | 84.3 |
| Depreciation & Amortization | 213.8 | 216.9 | 217.5 | 217.2 | 222.6 | 218.6 | 222.2 | 218.5 | 212.2 | 240.8 |
| Stock-Based Compensation | 27.2 | 28.8 | 27.4 | 44.3 | 24.6 | 19.8 | 15 | 6 | 5.4 | 4.2 |
| Change in Working Capital | 21.3 | (26) | 74.7 | (157.5) | (126) | 6.1 | 58.8 | (164.5) | (27.1) | 91.7 |
| Other Non-Cash Items | (9.6) | (47.9) | (29.3) | (1) | 24.2 | 22.2 | 7.2 | 47.3 | 103.1 | 4.9 |
| Operating Cash Flow | 478.1 | 379.6 | 481 | 265.8 | 382.4 | 309 | 348.9 | 313.5 | 313.5 | 371.6 |
| Investing Activities | ||||||||||
| Capital Expenditure | (73.2) | (83.1) | (71.4) | (87) | (87) | (67.4) | (83.1) | (182.7) | (111.1) | (68.1) |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (50.9) | (110.7) | (0.6) |
| Purchases of Investments | 0 | (11.3) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (3.9) |
| Sales/Maturities of Investments | 0 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.7 |
| Other Investing Activities | (45.8) | (15) | (20.6) | (13.1) | 1 | (10.1) | 5.1 | (10) | 1.2 | 11.8 |
| Investing Cash Flow | (119) | (104.4) | (81.8) | (90.7) | (86) | (77.5) | (78) | (243.6) | (220.6) | (60.1) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (123.4) | (108.4) | (19.6) | (31.9) | (91) | (331.2) | (25.1) | (933.5) | (32.2) | (67.2) |
| Stock Repurchased | (119.3) | (176.1) | (251.7) | (175.9) | (10.6) | 0 | 0 | 0 | (1.6) | (2) |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (18.8) | (17.1) | (5.7) | (61.2) | (51.6) | (25.7) | (36) | (65.1) | (42.1) | (42.7) |
| Financing Cash Flow | (251.1) | (286.7) | (258.3) | (253.1) | (148.6) | (353.8) | (59.3) | (198.9) | (75.3) | (110.8) |
| Cash Position | ||||||||||
| Net Change in Cash | 130.2 | (39.2) | 142.6 | (79.5) | 136.8 | (112.5) | 212 | (141.4) | 37.2 | 191.5 |
| Cash at Beginning | 684.8 | 724 | 581.4 | 660.9 | 524.1 | 636.6 | 424.6 | 566 | 527.2 | 335.7 |
| Cash at End | 815 | 684.8 | 724 | 581.4 | 660.9 | 524.1 | 636.6 | 424.6 | 564.4 | 527.2 |
| Free Cash Flow | 404.9 | 296.5 | 409.6 | 178.8 | 295.4 | 241.6 | 265.8 | 130.8 | 202.4 | 303.5 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||
| Revenue | 3,443.2 | 3,408.2 | 3,570.2 | 3,554.2 | 3,474.4 | 2,793 | 3,087.1 | 3,347.6 | 3,041.7 | 2,747 | 2,745.1 | 3,042.2 | 2,947.3 | 2,922.8 |
| Gross Profit | 1,394.2 | 1,358.5 | 1,358.9 | 1,250.6 | 1,339.2 | 1,034.7 | 1,142.5 | 1,330.6 | 1,218 | 1,060.8 | 1,036.1 | 1,027 | 1,114.5 | 1,051.8 |
| Operating Income | 528.3 | 478.7 | 462.6 | 384 | 484.1 | 211.1 | 346.8 | 496.8 | 402.9 | 305.3 | 184.6 | (0.4) | 330 | 240.9 |
| Net Income | 251.4 | 194.9 | 232.9 | 220.8 | 297.1 | 79.4 | 690.1 | 245.3 | 151.3 | 57.7 | 24.9 | (142.1) | 107.3 | (39) |
| EPS (Diluted) | 0.96 | 0.74 | 0.85 | 0.77 | 1.00 | 0.27 | 2.37 | 0.84 | 0.53 | 0.20 | 0.09 | -0.50 | 98.68 | -35.86 |
| Balance Sheet | ||||||||||||||
| Cash & Equivalents | 812.1 | 682 | 720.6 | 581.4 | 660.9 | 524.1 | 635.3 | 423.4 | 564.4 | 527.2 | ||||
| Total Assets | 7,151.4 | 6,786.3 | 7,254.5 | 7,191.6 | 7,533 | 7,426.3 | 7,411.3 | 6,722.6 | 6,853.7 | 6,383.3 | ||||
| Total Debt | 2,509.9 | 2,477.9 | 2,562.1 | 2,611.3 | 2,705.2 | 2,844.9 | 3,095.8 | 3,005 | 3,955.7 | 3,838.3 | ||||
| Stockholders' Equity | 3,334 | 3,023.6 | 3,220.2 | 3,110 | 3,099.7 | 2,805.7 | 2,651 | 1,947.4 | 1,014.6 | 691.3 | ||||
| Cash Flow | ||||||||||||||
| Operating Cash Flow | 478.1 | 379.6 | 481 | 265.8 | 382.4 | 309 | 348.9 | 313.5 | 313.5 | 371.6 | ||||
| Capital Expenditure | (73.2) | (83.1) | (71.4) | (87) | (87) | (67.4) | (83.1) | (182.7) | (111.1) | (68.1) | ||||
| Free Cash Flow | 404.9 | 296.5 | 409.6 | 178.8 | 295.4 | 241.6 | 265.8 | 130.8 | 202.4 | 303.5 | ||||