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Gates Industrial Corporation PLC
NYSE:GTES

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Gates Industrial Corporation PLC Logo
Gates Industrial Corporation PLC
NYSE:GTES
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Price: 16.43 USD -6.75% Market Closed
Updated: May 2, 2024

Income Statement

Earnings Waterfall
Gates Industrial Corporation PLC

Revenue
3.6B USD
Cost of Revenue
-2.2B USD
Gross Profit
1.4B USD
Operating Expenses
-870m USD
Operating Income
496.7m USD
Other Expenses
-263.8m USD
Net Income
232.9m USD

Income Statement
Gates Industrial Corporation PLC

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Income Statement
Currency: USD
Jul-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Jan-2021 Apr-2021 Jul-2021 Oct-2021 Jan-2022 Apr-2022 Jul-2022 Oct-2022 Dec-2022 Apr-2023 Jul-2023 Sep-2023 Dec-2023
Revenue
Revenue
2 843
N/A
2 928
+3%
3 042
+4%
3 164
+4%
3 270
+3%
3 337
+2%
3 348
+0%
3 301
-1%
3 235
-2%
3 154
-3%
3 087
-2%
2 992
-3%
2 759
-8%
2 725
-1%
2 793
+3%
2 964
+6%
3 303
+11%
3 453
+5%
3 474
+1%
3 487
+0%
3 478
0%
3 477
0%
3 554
+2%
3 559
+0%
3 588
+1%
3 600
+0%
3 570
-1%
Gross Profit
Cost of Revenue
(1 726)
(1 767)
(1 824)
(1 896)
(1 963)
(2 015)
(2 017)
(1 999)
(1 989)
(1 962)
(1 945)
(1 901)
(1 765)
(1 729)
(1 756)
(1 839)
(2 015)
(2 098)
(2 134)
(2 179)
(2 208)
(2 230)
(2 282)
(2 273)
(2 282)
(2 275)
(2 204)
Gross Profit
1 117
N/A
1 160
+4%
1 218
+5%
1 267
+4%
1 306
+3%
1 323
+1%
1 331
+1%
1 302
-2%
1 246
-4%
1 191
-4%
1 143
-4%
1 091
-4%
994
-9%
995
+0%
1 037
+4%
1 125
+9%
1 288
+14%
1 355
+5%
1 341
-1%
1 308
-2%
1 271
-3%
1 247
-2%
1 272
+2%
1 286
+1%
1 306
+2%
1 326
+2%
1 367
+3%
Operating Income
Operating Expenses
(747)
(763)
(779)
(804)
(818)
(827)
(820)
(811)
(798)
(784)
(786)
(778)
(757)
(756)
(768)
(784)
(819)
(834)
(843)
(866)
(862)
(854)
(853)
(839)
(850)
(863)
(870)
Selling, General & Administrative
(744)
(760)
(780)
(800)
(811)
(815)
(806)
(798)
(786)
(775)
(777)
(770)
(754)
(755)
(769)
(787)
(819)
(844)
(781)
(876)
(870)
(853)
(784)
(839)
(850)
(863)
(804)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(71)
0
0
0
(69)
0
0
0
(66)
Other Operating Expenses
(3)
(3)
0
(4)
(7)
(12)
(14)
(13)
(12)
(8)
(9)
(9)
(3)
(1)
1
3
0
10
9
9
9
(1)
(0)
0
(0)
(0)
(0)
Operating Income
371
N/A
397
+7%
439
+10%
464
+6%
489
+5%
496
+1%
511
+3%
491
-4%
448
-9%
408
-9%
356
-13%
313
-12%
237
-24%
239
+1%
269
+13%
341
+27%
469
+38%
521
+11%
498
-4%
441
-11%
409
-7%
393
-4%
419
+7%
447
+7%
456
+2%
463
+1%
497
+7%
Pre-Tax Income
Interest Income Expense
(232)
(233)
(235)
(239)
(210)
(195)
(176)
(154)
(154)
(151)
(151)
(156)
(152)
(153)
(145)
(152)
(151)
(149)
(138)
(138)
(145)
(146)
(126)
(132)
(134)
(132)
(150)
Non-Reccuring Items
(20)
(25)
(38)
(39)
(37)
(29)
(14)
(13)
(9)
(9)
(9)
(8)
(30)
(45)
(58)
(60)
(42)
(27)
(14)
(17)
(21)
(33)
(35)
(44)
(37)
(22)
(34)
Total Other Income
(26)
(41)
(56)
(73)
(38)
(28)
(17)
3
2
7
3
9
11
13
5
13
11
8
4
3
2
1
(1)
(2)
(7)
(13)
(27)
Pre-Tax Income
93
N/A
98
+5%
110
+12%
112
+2%
204
+82%
244
+20%
304
+24%
328
+8%
288
-12%
255
-11%
199
-22%
157
-21%
66
-58%
54
-19%
71
+32%
143
+101%
287
+101%
353
+23%
350
-1%
290
-17%
244
-16%
216
-12%
258
+19%
269
+4%
278
+3%
297
+7%
285
-4%
Net Income
Tax Provision
(26)
(39)
(46)
(45)
(52)
(46)
(35)
517
491
496
496
(28)
9
30
19
(16)
(27)
(60)
(18)
3
2
8
(15)
(32)
(30)
(19)
(28)
Income from Continuing Operations
67
59
64
67
152
198
269
844
778
752
695
130
75
83
90
127
260
293
331
292
246
224
243
236
248
278
257
Income to Minority Interest
(27)
(25)
(31)
(29)
(29)
(30)
(26)
(12)
(10)
(5)
(4)
(17)
(7)
(8)
(11)
(15)
(30)
(34)
(34)
(32)
(29)
(25)
(22)
(20)
(20)
(23)
(24)
Equity Earnings Affiliates
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Net Income (Common)
52
N/A
42
-19%
151
+257%
157
+4%
242
+54%
289
+19%
245
-15%
835
+240%
771
-8%
746
-3%
690
-8%
112
-84%
68
-39%
75
+9%
79
+7%
111
+40%
230
+107%
259
+12%
297
+15%
261
-12%
217
-17%
199
-8%
221
+11%
216
-2%
228
+5%
255
+12%
233
-9%
EPS (Diluted)
0.16
N/A
0.14
-13%
0.6
+329%
0.55
-8%
0.81
+47%
0.96
+19%
0.83
-14%
2.82
+240%
2.64
-6%
2.56
-3%
2.37
-7%
0.38
-84%
0.23
-39%
0.25
+9%
0.27
+8%
0.37
+37%
0.77
+108%
0.86
+12%
1
+16%
0.88
-12%
0.75
-15%
0.68
-9%
0.77
+13%
0.76
-1%
0.8
+5%
0.95
+19%
0.85
-11%

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