Financial insights of GTES

MyFinsight

For the year ending 2025-12-31.

Income Statement	2025-12-31	2024-12-28	2023-12-30	2022-12-31
Asset impairments	-	0	100	1,100
Net sales	3,443,200	3,408,200	3,570,200	3,554,200
Cost of sales	2,071,500	2,049,700	2,211,300	2,303,600
Gross profit	1,371,700	1,358,500	1,358,900	1,250,600
Selling, general and administrative expenses	876,100	870,000	882,200	853,700
Transaction-related expenses	500	3,300	2,200	2,100
Asset impairments	3,500	0	-	-
Restructuring expenses	26,300	6,500	11,600	9,500
Other operating expenses	0	0	-200	-200
Operating income from continuing operations	465,300	478,700	462,600	384,000
Interest expense	125,900	155,800	163,200	139,400
Loss on deconsolidation of russian subsidiary	0	-12,700	-	-
Other (income) expenses	800	17,800	-14,100	13,200
Income from continuing operations before taxes	340,200	328,000	285,300	257,800
Income tax expense	63,100	107,500	28,300	14,900
Net income from continuing operations	277,100	220,500	257,000	242,900
Loss on disposal of discontinued operations, net of tax, respectively, of 0, 0 and 0	-800	-600	-600	-400
Net income	276,300	219,900	256,400	242,500
Less non-controlling interests	24,900	25,000	23,500	21,700
Net income attributable to shareholders	251,400	194,900	232,900	220,800

Basic EPS	0.98	0.75	0.86	0.78
Diluted EPS	0.96	0.74	0.84	0.77
Diluted Average Shares	260,534,865	264,675,566	275,648,328	287,586,210