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Gates Industrial Corp plc (GTES) Stock Fundamental Analysis & AI Rating 2026

GTES NYSE General Industrial Machinery & Equipment X0 CIK: 0001718512
Recently Updated • Analysis: Apr 10, 2026 • SEC Data: 2025-12-31
Combined AI Rating
BUY
71% Confidence
AGREEMENT
HOLD
70% Conf
BUY
72% Conf

📊 GTES Key Takeaways

Revenue: $3.4B
Net Margin: 7.3%
Free Cash Flow: $404.9M
Current Ratio: 3.37x
Debt/Equity: 0.67x
EPS: $0.96
AI Rating: HOLD with 70% confidence
Gates Industrial Corp plc (GTES) receives a BUY rating with 71% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $3.4B, net profit margin of 7.3%, and return on equity (ROE) of 7.5%, Gates Industrial Corp plc demonstrates strong fundamentals in the Industrial sector. Below is our complete GTES stock analysis for 2026.

Is Gates Industrial Corp plc (GTES) a Good Investment?

Claude

Gates Industrial maintains solid financial health with excellent liquidity, strong free cash flow generation ($404.9M), and manageable leverage, but faces concerning profitability headwinds with net income declining 9% YoY despite flat revenue growth, indicating margin compression and operational challenges. Low returns on capital (7.5% ROE, 3.5% ROA) combined with anemic 1% revenue growth suggest limited fundamental appeal despite balance sheet stability.

ChatGPT

Gates Industrial shows solid fundamentals with resilient margins, strong liquidity, and robust free cash flow generation despite modest top-line growth. Leverage is moderate with ample interest coverage, supporting financial flexibility. While net income declined YoY, cash conversion and margin profile suggest the core business remains healthy.

Why Buy Gates Industrial Corp plc Stock? GTES Key Strengths

Claude
  • + Exceptional liquidity position with 3.37x current ratio and $812.1M cash reserves providing financial flexibility
  • + Robust free cash flow generation of $404.9M (11.8% FCF margin) enables debt service and capital allocation
  • + Strong interest coverage ratio of 12.4x and conservative 0.67x debt-to-equity demonstrates low financial distress risk
ChatGPT
  • + Strong liquidity and working capital (current 3.37x, quick 2.42x)
  • + Healthy margins with solid FCF margin (11.8%)
  • + Moderate leverage and strong interest coverage (12.4x)

GTES Stock Risks: Gates Industrial Corp plc Investment Risks

Claude
  • ! Deteriorating profitability with net income down 9% YoY while revenue grew only 1%, signaling operational margin compression
  • ! Chronically low returns on capital (7.5% ROE, 3.5% ROA) indicate inefficient capital deployment relative to asset base
  • ! Anemic organic revenue growth of 1% in industrial machinery sector suggests competitive pressure or market headwinds; EPS growth driven by share buybacks rather than earnings expansion raises capital allocation concerns
ChatGPT
  • ! Muted revenue growth (+1% YoY) indicating demand softness
  • ! Net income decline YoY suggests margin or mix pressure
  • ! Industrial cyclicality and input cost volatility could impact margins

Key Metrics to Watch

Claude
  • * Operating margin trajectory and gross margin trends to confirm stabilization or identify further compression
  • * Net income growth rate for return to year-over-year expansion as sign of operational recovery
  • * Free cash flow sustainability and debt reduction pace to monitor deleveraging progress and capital efficiency
ChatGPT
  • * Organic revenue growth (YoY)
  • * Operating margin and FCF conversion

Gates Industrial Corp plc (GTES) Financial Metrics & Key Ratios

Revenue
$3.4B
Net Income
$251.4M
EPS (Diluted)
$0.96
Free Cash Flow
$404.9M
Total Assets
$7.2B
Cash Position
$812.1M

💡 AI Analyst Insight

Strong liquidity with a 3.37x current ratio provides a solid financial cushion.

GTES Profit Margin, ROE & Profitability Analysis

Gross Margin 39.8%
Operating Margin 13.5%
Net Margin 7.3%
ROE 7.5%
ROA 3.5%
FCF Margin 11.8%

GTES vs Industrial Sector: How Gates Industrial Corp plc Compares

How Gates Industrial Corp plc compares to Industrial sector averages

Net Margin
GTES 7.3%
vs
Sector Avg 10.0%
GTES Sector
ROE
GTES 7.5%
vs
Sector Avg 15.0%
GTES Sector
Current Ratio
GTES 3.4x
vs
Sector Avg 1.8x
GTES Sector
Debt/Equity
GTES 0.7x
vs
Sector Avg 0.7x
GTES Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Gates Industrial Corp plc Stock Overvalued? GTES Valuation Analysis 2026

Based on fundamental analysis, Gates Industrial Corp plc has mixed fundamental signals relative to the Industrial sector in 2026.

Return on Equity
7.5%
Sector avg: 15%
Net Profit Margin
7.3%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.67x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Gates Industrial Corp plc Balance Sheet: GTES Debt, Cash & Liquidity

Current Ratio
3.37x
Quick Ratio
2.42x
Debt/Equity
0.67x
Debt/Assets
48.4%
Interest Coverage
12.41x
Long-term Debt
$2.2B

GTES Revenue & Earnings Growth: 5-Year Financial Trend

GTES 5-year financial data: Year 2021: Revenue $3.5B, Net Income $690.1M, EPS $2.37. Year 2022: Revenue $3.6B, Net Income $79.4M, EPS $0.27. Year 2023: Revenue $3.6B, Net Income $297.1M, EPS $1.00. Year 2024: Revenue $3.6B, Net Income $220.8M, EPS $0.77. Year 2025: Revenue $3.6B, Net Income $232.9M, EPS $0.84.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Gates Industrial Corp plc's revenue has shown modest growth of 3% over the 5-year period. The most recent EPS of $0.84 reflects profitable operations.

GTES Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
11.8%
Free cash flow / Revenue

GTES Quarterly Earnings & Performance

Quarterly financial performance data for Gates Industrial Corp plc including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $830.7M $47.6M $0.18
Q2 2025 $883.7M $56.5M $0.22
Q1 2025 $847.6M $40.0M $0.15
Q3 2024 $830.7M $47.6M $0.18
Q2 2024 $885.5M $64.9M $0.23
Q1 2024 $862.6M $26.4M $0.09
Q3 2023 $860.7M $51.9M $0.18
Q2 2023 $906.8M $53.1M $0.19

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Gates Industrial Corp plc Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$478.1M
Cash generated from operations
Stock Buybacks
$119.3M
Shares repurchased (TTM)
Capital Expenditures
$73.2M
Investment in assets
Dividends
None
No dividend program

GTES SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Gates Industrial Corp plc (CIK: 0001718512)

📋 Recent SEC Filings

Date Form Document Action
Mar 31, 2026 4 xslF345X06/wk-form4_1774991399.xml View →
Mar 6, 2026 4 xslF345X05/wk-form4_1772833824.xml View →
Mar 6, 2026 4 xslF345X05/wk-form4_1772833793.xml View →
Mar 6, 2026 4 xslF345X05/wk-form4_1772833767.xml View →
Mar 6, 2026 4 xslF345X05/wk-form4_1772833742.xml View →

Frequently Asked Questions about GTES

What is the AI rating for GTES?

Gates Industrial Corp plc (GTES) has a Combined AI Rating of BUY from Claude (HOLD) and ChatGPT (BUY) with 71% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are GTES's key strengths?

Claude: Exceptional liquidity position with 3.37x current ratio and $812.1M cash reserves providing financial flexibility. Robust free cash flow generation of $404.9M (11.8% FCF margin) enables debt service and capital allocation. ChatGPT: Strong liquidity and working capital (current 3.37x, quick 2.42x). Healthy margins with solid FCF margin (11.8%).

What are the risks of investing in GTES?

Claude: Deteriorating profitability with net income down 9% YoY while revenue grew only 1%, signaling operational margin compression. Chronically low returns on capital (7.5% ROE, 3.5% ROA) indicate inefficient capital deployment relative to asset base. ChatGPT: Muted revenue growth (+1% YoY) indicating demand softness. Net income decline YoY suggests margin or mix pressure.

What is GTES's revenue and growth?

Gates Industrial Corp plc reported revenue of $3.4B.

Does GTES pay dividends?

Gates Industrial Corp plc does not currently pay dividends.

Where can I find GTES SEC filings?

Official SEC filings for Gates Industrial Corp plc (CIK: 0001718512) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is GTES's EPS?

Gates Industrial Corp plc has a diluted EPS of $0.96.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is GTES a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Gates Industrial Corp plc has a BUY rating with 71% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is GTES stock overvalued or undervalued?

Valuation metrics for GTES: ROE of 7.5% (sector avg: 15%), net margin of 7.3% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy GTES stock in 2026?

Our dual AI analysis gives Gates Industrial Corp plc a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is GTES's free cash flow?

Gates Industrial Corp plc's operating cash flow is $478.1M, with capital expenditures of $73.2M. FCF margin is 11.8%.

How does GTES compare to other Industrial stocks?

Vs Industrial sector averages: Net margin 7.3% (avg: 10%), ROE 7.5% (avg: 15%), current ratio 3.37 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 10, 2026 | Data as of: 2025-12-31 | Powered by Claude AI