Stocks · Industrials · Industrial - Machinery
Gates Industrial Corporation plc GTES
$27.65 +4.34% Close, Oct 2, 2026 · NYSE · Market cap $7.02B
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $1.42, up 82.1% year over year.
- The stock is in an uptrend: above its 200-day average for 21 trading days, with the 50-day average above the 200-day.
- Earnings beat analyst estimates in each of the last 4 quarters (average surprise over the last four: +5.0%).
PromtFinance scores
Each score is a percentile within the Industrials sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 30%
- EPS growth (TTM, YoY)Top 16%
- FCF growth (TTM, YoY)Top 36%
- Revenue growth, 3-year CAGRBottom 25%
- Revenue growth accelerationTop 45%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 37%
- Gross marginTop 24%
- Operating marginTop 23%
- Cash conversion (OCF / net income)Bottom 37%
- Accruals (lower is better)Bottom 26%
- Net debt / EBITDA (lower is better)Bottom 48%
- Interest coverBottom 48%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 19%
- Free-cash-flow yieldTop 26%
- EBITDA / enterprise valueTop 26%
- Sales / enterprise valueBottom 44%
- P/E vs own 5-year history (lower is better)Top 41%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 38%
- 6-month returnTop 23%
- 1-year return vs S&P 500Top 47%
- Distance from 52-week highTop 13%
- Trend checklist (0–4)Top 10%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 49%
- Consecutive EPS beatsTop 28%
- Share of analysts rating BuyTop 36%
- Upside to consensus price targetBottom 23%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 39%
- Maximum drawdown, 3 yearsTop 20%
- Beta vs S&P 500 (lower is better)Bottom 29%
- Net debt / EBITDA (lower is better)Bottom 48%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 1.6% | 3.3% | ↑ |
| EPS growth (YoY) | 16.9% | 82.1% | ↑ |
| Gross margin | 40.6% | 40.5% | ↓ |
| Operating margin | 13.7% | 14.7% | ↑ |
| FCF margin | 9.1% | 11.4% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 3.3% | 1.6% | ↑ | Bottom 30% |
| EPS growth (TTM, YoY) | 82.1% | 16.9% | ↑ | Top 16% |
| Gross margin | 40.5% | 40.6% | ↓ | Top 24% |
| Operating margin | 14.7% | 13.7% | ↑ | Top 23% |
| Net margin | 10.4% | 6.0% | ↑ | — |
| Free-cash-flow margin | 11.4% | 9.1% | ↑ | — |
| Return on invested capital | 7.8% | — | Top 37% | |
| Revenue growth, 3-year CAGR | -1.1% | — | Bottom 25% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.31×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -1.5%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +5.3 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 2.13×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 3.4×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 1.95%
- Shareholder yield
- 1.95%
- Share count change, 1 year
- -1.7%
- Share count change, 3-year CAGR
- -2.9%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 27, 2026 (filed Jul 31, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 4
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- +5.0%
- Average 2-day reaction, last 8
- +2.2%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $31.40
- Target vs current price
- +13.6%
- Analysts with a rating
- 15
- Share rating Buy or Strong Buy
- 67%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 31, 2026 | +5.4% | +8.5% | +10.9% | +2.3% | — |
| May 1, 2026 | +9.4% | -6.1% | +1.4% | +1.2% | +3.2% |
| Feb 12, 2026 | +2.7% | +3.8% | +4.8% | -12.6% | -1.6% |
| Oct 29, 2025 | +2.6% | -12.9% | -16.8% | -12.2% | -11.5% |
| Jul 30, 2025 | +0.0% | +1.3% | -2.2% | +4.6% | +2.7% |
| Apr 30, 2025 | +9.1% | +5.2% | +11.8% | +19.5% | +40.8% |
| Feb 6, 2025 | +9.1% | +11.8% | +6.8% | -3.9% | -4.8% |
| Oct 30, 2024 | +6.5% | +5.7% | +10.8% | +21.6% | +10.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 31, 2026 | $0.44 | $0.42 | +5.4% | $941.6M |
| May 1, 2026 | $0.35 | $0.32 | +9.4% | $851.1M |
| Feb 12, 2026 | $0.38 | $0.37 | +2.7% | $856.2M |
| Oct 29, 2025 | $0.39 | $0.38 | +2.6% | $855.7M |
| Jul 30, 2025 | $0.39 | $0.39 | +0.0% | $883.7M |
| Apr 30, 2025 | $0.36 | $0.33 | +9.1% | $847.6M |
| Feb 6, 2025 | $0.36 | $0.33 | +9.1% | $829.4M |
| Oct 30, 2024 | $0.33 | $0.31 | +6.5% | $830.7M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 19.5× | 19.6× | 48th | Top 19% |
| P/E (forward) | 16.5× | — | — | — |
| EV / EBITDA | 11.8× | — | — | Top 26% |
| EV / Sales | 2.44× | — | — | Bottom 44% |
| Free-cash-flow yield | 5.67% | — | — | Top 26% |
| Earnings yield | 5.14% | — | — | Top 19% |
P/E over the past five years
Range 12.7× – 32.1× since Jul 3, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- +9.7%
- Earnings per share growth (TTM)
- +82.1%
- Change in P/E multiple
- -38.7%
Most of the move came from earnings growth.
Technical state
Trend checklist
- ✓ Price above 20-day average
- ✓ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✓ MACD histogram positive
Trend quality
- Days above the 50-day average
- 1
- Days above the 200-day average
- 21
- 50-day average slope (20 days)
- -1.3%
- 200-day average slope (20 days)
- +1.7%
- Distance from 50-day average
- +3.9%
- Distance from 200-day average
- +9.0%
- RSI (14)
- 62.5
- Relative volume
- 0.93×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 37.5%
- Volatility vs own 5-year history
- 68th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.38
- Correlation with S&P 500
- 0.57
- Current drawdown from 1-year high
- -7.3%
- Maximum drawdown, 3 years
- -33.8%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jun 4, 2021 | Oct 10, 2022 | -48.4% | 340 days | 517 days (Oct 30, 2024) |
| Feb 19, 2025 | Apr 8, 2025 | -33.8% | 34 days | 58 days (Jul 2, 2025) |
| Feb 24, 2026 | Mar 30, 2026 | -25.0% | 24 days | 56 days (Jun 18, 2026) |
| Aug 28, 2025 | Nov 20, 2025 | -19.0% | 59 days | 52 days (Feb 6, 2026) |
| Aug 4, 2026 | Sep 1, 2026 | -16.9% | 20 days | Not yet recovered |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $7.02B
- P/E (TTM)
- 19.5
- EPS, diluted (TTM)
- $1.42
- Revenue (TTM)
- $3.50B
- 52-week range
- $20.88 – $30.34
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $3.47B | $3.55B | $3.57B | $3.41B | $3.44B |
| Gross profit | $1.34B | $1.25B | $1.36B | $1.36B | $1.39B |
| Operating income | $484.1M | $384.0M | $462.6M | $478.7M | $528.3M |
| Net income | $297.1M | $220.8M | $232.9M | $194.9M | $251.4M |
| EPS (diluted) | $1.00 | $0.77 | $0.85 | $0.74 | $0.96 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $830.7M | $829.4M | $847.6M | $883.7M | $855.7M | $856.2M | $851.1M | $941.6M |
| Net income | $47.6M | $36.6M | $62.0M | $56.5M | $81.6M | $51.3M | $59.9M | $171.1M |
| EPS (diluted) | $0.18 | $0.14 | $0.24 | $0.22 | $0.32 | $0.20 | $0.23 | $0.67 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $382.4M | $265.8M | $481.0M | $379.6M | $478.1M |
| Capital expenditure | -$87.0M | -$87.0M | -$71.4M | -$83.1M | -$73.2M |
| Free cash flow | $295.4M | $178.8M | $409.6M | $296.5M | $404.9M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | -$6.0M | -$160.0M | -$233.0M | -$161.2M | -$108.9M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $823.5M
- Total assets
- $7.39B
- Total liabilities
- $3.50B
- Total debt
- $2.36B
- Net debt
- $1.54B
- Shareholders’ equity
- $3.52B
As of Jun 27, 2026 (filed Jul 31, 2026).
Short interest
- Shares sold short
- 12,314,480
- Days to cover
- 6.27
- Change vs previous report
- +5.5%
FINRA short interest, settlement date Sep 15, 2026.