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Gates Industrial Corp plc (GTES)

For the quarter ending 2025-06-28, GTES made $883,700K in revenue. $56,500K in net income. Net profit margin of 6.39%.

Overview

Revenue
$883,700K
Net Income
$56,500K
Net Profit Margin
6.39%
EPS
$0.22
Unit: Thousand (K) dollars
Revenue Breakdown
    • Power Transmission Segment
    • Fluid Power Segment

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-06-28
2025-03-29
2024-09-28
2024-06-29
Net sales883,700 847,600 830,700 885,500
Cost of sales523,500 503,000 494,900 528,100
Gross profit360,200 344,600 335,800 357,400
Transaction-related expenses- 400 500 1,200
Restructuring expenses13,000 1,600 2,200 1,600
Asset impairments200 600 - -
Other operating expenses- - - -100
Selling, general and administrative expenses231,200 217,300 219,900 218,300
Operating income from continuing operations115,800 124,700 113,200 136,200
Interest expense28,800 29,600 35,100 49,100
Other expenses (income)-6,800 -1,300 3,900 3,100
Loss on deconsolidation of russian subsidiary- - -12,800 -
Income from continuing operations before taxes80,200 93,800 69,200 90,200
Income tax expense16,800 25,200 14,000 12,300
Net income from continuing operations63,400 68,600 55,200 77,900
Loss on disposal of discontinued operations, net of tax, respectively, of 0, 0, 0 and 0-300 -300 -100 -300
Net income63,100 68,300 55,100 77,600
Less non-controlling interests6,600 6,300 7,500 6,900
Net income attributable to shareholders56,500 62,000 47,600 70,700
Diluted weighted average number of shares outstanding (in shares)260,469,532 261,567,906 263,441,572 266,812,510
Earnings per share (in usd per share)0.22 0.24 0.18 0.27
Earnings per share (in usd per share)0.22 0.24 0.18 0.26
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

DownloadDownload image
Fluid Power Segment$333,600K Power TransmissionSegment$550,100K Net sales$883,700K (-0.20%↓ Y/Y)Gross profit$360,200K (0.78%↑ Y/Y)Cost of sales$523,500K (-0.87%↓ Y/Y)Operating income fromcontinuing operations$115,800K (-14.98%↓ Y/Y)Restructuring expenses$13,000K (712.50%↑ Y/Y)Asset impairments$200K Selling, general andadministrative expenses$231,200K (5.91%↑ Y/Y)Income from continuingoperations before taxes$80,200K (-11.09%↓ Y/Y)Interest expense$28,800K (-41.34%↓ Y/Y)Other expenses(income)-$6,800K (-319.35%↓ Y/Y)Net income fromcontinuing operations$63,400K (-18.61%↓ Y/Y)Income tax expense$16,800K (36.59%↑ Y/Y)Net income$63,100K (-18.69%↓ Y/Y)Loss on disposal ofdiscontinued operations, net...-$300K (0.00%↑ Y/Y)Net incomeattributable to shareholders$56,500K (-20.08%↓ Y/Y)Lessnon-controlling interests$6,600K (-4.35%↓ Y/Y)