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

GTES NYSE General Industrial Machinery & Equipment X0 CIK: 0001718512
Updated This Month • Analysis: May 6, 2026 • SEC Data: 2026-03-28
Combined AI Rating
BUY
70% Confidence
AGREEMENT
HOLD
68% Conf
BUY
72% Conf

📊 GTES Key Takeaways

Revenue: $851.1M
Net Margin: 7.0%
Free Cash Flow: $13.5M
Current Ratio: 3.67x
Debt/Equity: 0.66x
EPS: $0.23
AI Rating: HOLD with 68% confidence
Gates Industrial Corp plc (GTES) receives a BUY rating with 70% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $851.1M, net profit margin of 7.0%, and return on equity (ROE) of 1.8%, 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 demonstrates financial stability with strong liquidity and moderate leverage, but faces significant headwinds including stagnant 1% revenue growth, extremely weak returns on capital (ROE 1.8%, ROA 0.8%), and anemic free cash flow generation at 1.6% of revenue. While net income growth of 29% is notable, it masks underlying operational challenges in a capital-intensive business.

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
  • + Strong balance sheet liquidity with 3.67x current ratio and 2.66x quick ratio providing financial flexibility
  • + Solid gross margin of 39.7% and improved net income growth of 29% YoY demonstrating operational efficiency gains
  • + Substantial cash position of $785.3M and moderate debt-to-equity ratio of 0.66x supporting financial stability
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
  • ! Revenue stagnation at 1% YoY indicates minimal top-line growth in core business, constraining expansion opportunities
  • ! Critically low returns on equity (1.8%) and assets (0.8%) suggest poor capital deployment and limited shareholder value creation
  • ! Severely weak free cash flow of $13.5M (1.6% of revenue) and operating cash flow of only $30.2M raise sustainability concerns for debt service and capital investment
  • ! Weak interest coverage ratio of 2.9x provides minimal cushion if business conditions deteriorate
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
  • * Revenue growth trajectory and organic growth acceleration trends
  • * Free cash flow generation as percentage of revenue and absolute improvement
  • * Return on equity and return on assets progress toward industry benchmarks
  • * Interest coverage ratio stability and debt service capacity
ChatGPT
  • * Organic revenue growth (YoY)
  • * Operating margin and FCF conversion

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

Revenue
$851.1M
Net Income
$59.7M
EPS (Diluted)
$0.23
Free Cash Flow
$13.5M
Total Assets
$7.1B
Cash Position
$785.3M

💡 AI Analyst Insight

The relatively thin 1.6% FCF margin may limit capital allocation flexibility. Strong liquidity with a 3.67x current ratio provides a solid financial cushion.

GTES Profit Margin, ROE & Profitability Analysis

Gross Margin 39.7%
Operating Margin 12.9%
Net Margin 7.0%
ROE 1.8%
ROA 0.8%
FCF Margin 1.6%

GTES vs Industrial Sector: How Gates Industrial Corp plc Compares

How Gates Industrial Corp plc compares to Industrial sector averages

Net Margin
GTES 7.0%
vs
Sector Avg 10.0%
GTES Sector
ROE
GTES 1.8%
vs
Sector Avg 15.0%
GTES Sector
Current Ratio
GTES 3.7x
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
1.8%
Sector avg: 15%
Net Profit Margin
7.0%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.66x
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
3.67x
Quick Ratio
2.66x
Debt/Equity
0.66x
Debt/Assets
47.6%
Interest Coverage
2.93x
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
1.6%
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
Q1 2026 $847.6M $59.7M $0.23
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

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
$30.2M
Cash generated from operations
Stock Buybacks
$16.6M
Shares repurchased (TTM)
Capital Expenditures
$16.7M
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
May 1, 2026 10-Q gtes-20260328.htm View →
May 1, 2026 8-K gtes-20260501.htm View →
Apr 20, 2026 DEF 14A gtes-20260420.htm View →
Mar 31, 2026 4 xslF345X06/wk-form4_1774991399.xml View →
Mar 6, 2026 4 xslF345X05/wk-form4_1772833824.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 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are GTES's key strengths?

Claude: Strong balance sheet liquidity with 3.67x current ratio and 2.66x quick ratio providing financial flexibility. Solid gross margin of 39.7% and improved net income growth of 29% YoY demonstrating operational efficiency gains. 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: Revenue stagnation at 1% YoY indicates minimal top-line growth in core business, constraining expansion opportunities. Critically low returns on equity (1.8%) and assets (0.8%) suggest poor capital deployment and limited shareholder value creation. 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 $851.1M.

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 $0.23.

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 May 2026, Gates Industrial Corp plc has a BUY rating with 70% 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 1.8% (sector avg: 15%), net margin of 7.0% (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 $30.2M, with capital expenditures of $16.7M. FCF margin is 1.6%.

How does GTES compare to other Industrial stocks?

Vs Industrial sector averages: Net margin 7.0% (avg: 10%), ROE 1.8% (avg: 15%), current ratio 3.67 (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: May 6, 2026 | Data as of: 2026-03-28 | Powered by Claude AI