To the full analysis
Gates Industrial stock: growth
GTESGates Industrial reported $3.44B in revenue for fiscal 2025, up 1% on the prior year, up 4.3% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
1.3%
per year from 2012 to 2025, per share −33.6%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
1.5%
per year from 2012 to 2025, per share −33.4%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2012 | |
|---|---|---|---|
| Revenue | 4.3% | 2.3% | 1.3% |
| Revenue per share | 6.6% | 3.2% | −33.6% |
| Earnings | 25.9% | 26.0% | no data |
| Earnings per share | 28.9% | 27.0% | no data |
| Free cash flow | 10.9% | 7.9% | 1.5% |
| Free cash flow per share | 13.3% | 8.8% | −33.4% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2012 | $2.92B | −$39M | $334.7M |
| 2013 | $2.95B | $107.3M | $202.4M |
| 2014 | $3.04B | −$142.1M | −$21.7M |
| 2015 | $2.75B | $24.9M | $190.1M |
| 2016 | $2.75B | $57.7M | $303.5M |
| 2017 | $3.04B | $151.3M | $202.4M |
| 2018 | $3.35B | $245.3M | $130.8M |
| 2019 | $3.09B | $690.1M | $265.8M |
| 2020 | $2.79B | $79.4M | $241.6M |
| 2021 | $3.47B | $297.1M | $295.4M |
| 2022 | $3.55B | $220.8M | $178.8M |
| 2023 | $3.57B | $232.9M | $409.6M |
| 2024 | $3.41B | $194.9M | $296.5M |
| 2025 | $3.44B | $251.4M | $404.9M |
Revenue by segment
How Gates Industrial Corporation plc makes its money and how that has shifted. Names are as the company reports them.
- Power Transmission62%
- Fluid Power38%
Figures as a table
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Power Transmission | $2.1B | $1.95B | $1.8B | $2.22B | $2.17B | $2.19B | $2.11B | $2.15B | 62.4% |
| Fluid Power | $1.25B | $1.14B | $992.8M | $1.26B | $1.38B | $1.38B | $1.3B | $1.3B | 37.6% |
| Total revenue | $3.35B | $3.09B | $2.79B | $3.47B | $3.55B | $3.57B | $3.41B | $3.44B | 100% |
Revenue by region
Where Gates Industrial Corporation plc generates its revenue.
- United States$1.3B38%
- Rest of EMEA$757.3M23%
- East Asia And India$399.2M12%
- China$369.7M11%
- North America Excluding United States$344.9M10%
- South America$103.6M3%
- Other$94.9M3%
“Other” combines smaller regions with revenue the company does not assign to a region. The company split earlier years differently. A history would not be comparable, so only 2018 is shown.
Figures as a table
| 2018 | Share 2018 | |
|---|---|---|
| United States | $1.28B | 38.2% |
| Rest of EMEA | $757.3M | 22.6% |
| East Asia And India | $399.2M | 11.9% |
| China | $369.7M | 11% |
| North America Excluding United States | $344.9M | 10.3% |
| South America | $103.6M | 3.1% |
| Other | $94.9M | 2.8% |
| Total revenue | $3.35B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 23 Oct 2026)
- Valuation signal Fairly valued since 10 Nov 2026, previously Undervalued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.