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Gates Industrial Corporation plc

GTES US

GTES USGates Industrial Corporation plc

United States Composite

17.77

USD

+0.12

(+0.68%)

0.84EPS Dil.

20.74P/E

4.70BMarket Cap

Next Earnings

May 2

Held by Insiders

0.58%

Held by Institutions

92.84%

Short % of Float

1.59%

YTD Yield

31.82%

3Y Yield

-1.61%

Capital Structure

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

ST Debt

LT Borrowings

2,521

2,418

2,415

LT Finance Leases

117

112

111

Preferred Equity and Hybrid Capital

- -

Shares Outstanding

264

Market Capitalization

3,554

3,066

3,546

Working Capital

FRC

•

in mil. unless spec.

Jun'23

Sep'23

Dec'23

Total Current Assets

2,374

2,318

2,401

Cash, Cash Equivalents & STI

565

557

721

Accounts Receivable, Net

875

822

768

Inventories

644

646

647

Total Current Liabilities

798

780

779

Payables & Accruals

762

753

743

ST Debt

Deferred Revenue

- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years

5 years

1 year

Sales/Revenue/Turnover

0.00%

1.96%

0.45%

Net Income, GAAP

-NaN%

69.77%

5.43%

Free Cash Flow

-NaN%

41.13%

129.05%

Total Cash Common Dividend

- -

Total Equity

- -

9.18%

2.90%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

2021

881

915

862

816

3,474

2022

893

907

861

893

3,554

2023

898

936

873

863

3,570

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

2021

0.23

0.33

0.24

0.21

1.02

2022

0.11

0.19

0.18

0.30

0.78

2023

0.09

0.24

0.30

0.24

0.86

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

2021

- -

2022

- -

2023

- -

Company Description

CEO: Mr. Ivo Jurek
Full Time Employees: 14,700
Sector: Industrials
Industry: Specialty Industrial Machinery
Address: 1144 Fifteenth Street Denver CO United States 80202
Website: www.gates.com
Business: Gates Industrial Corporation plc manufactures and sells engineered power transmission and fluid power solutions worldwide. It operates in two segments, Power Transmission and Fluid Power. The company offers synchronous or asynchronous belts, including V-belts, CVT belts, and Micro-V belts, as well as related components, such as sprockets, pulleys, water pumps, tensioners, and other accessories; solutions for stationary and mobile drives, engine systems, and personal mobility application platforms; metal drive components; and kits for automotive replacement channels. It also provides fluid power solutions comprising stationary hydraulics, mobile hydraulics, vehicle systems, and other industrial application platforms; and hydraulics, including hoses, tubing, coupling, and fittings, as well as assemblies. The company's products are used in applications across various markets, including industrial off-highway, such as construction and agriculture; first-fit end markets; industrial on-highway commercial vehicles comprising heavy-duty trucks and buses, energy and resources, automotive, and personal mobility; and various industrial applications, such as automated manufacturing and logistics systems. It sells its products under the Gates brand. It offers its products to replacement channel customers, as well as to original equipment manufacturers. The company was founded in 1911 and is headquartered in Denver, Colorado.

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