Gates Industrial Corporation plc

NYSE GTES

Gates Industrial Corporation plc Operating Income for the Trailing 12 Months (TTM) ending September 28, 2024: USD 493.20 M

Gates Industrial Corporation plc Operating Income is USD 493.20 M for the Trailing 12 Months (TTM) ending September 28, 2024, a 18.99% change year over year. Operating income is the profit earned by a company from its normal business operations before interest and taxes are deducted.
  • Gates Industrial Corporation plc Operating Income for the Trailing 12 Months (TTM) ending September 30, 2023 was USD 414.50 M, a 11.88% change year over year.
  • Gates Industrial Corporation plc Operating Income for the Trailing 12 Months (TTM) ending October 01, 2022 was USD 370.50 M, a -24.94% change year over year.
  • Gates Industrial Corporation plc Operating Income for the Trailing 12 Months (TTM) ending October 02, 2021 was USD 493.60 M, a 154.83% change year over year.
  • Gates Industrial Corporation plc Operating Income for the Trailing 12 Months (TTM) ending September 26, 2020 was USD 193.70 M, a -51.40% change year over year.
Key data
Date Operating Income EBIT EBITDA Net Income
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NYSE: GTES

Gates Industrial Corporation plc

CEO Mr. Ivo Jurek
IPO Date Jan. 25, 2018
Location United States
Headquarters 1144 Fifteenth Street
Employees 14,700
Sector Industrials
Industries
Description

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, or other accessories; solutions for stationary and mobile drives, engine systems, personal mobility, and vertical lifts application platforms; metal drive components; and kits for automotive replacement channels. It also provides fluid power solutions comprising stationary hydraulics, mobile hydraulics, engine systems, and other industrial application platforms; and hydraulics, including hoses, tubing, and fittings, as well as assemblies. The company serves construction, agriculture, energy and resources, automotive, transportation, mobility and recreation, consumer products, and various industrial applications, such as automated manufacturing and logistics systems. It sells its engineered products under the Gates brand. The company offers its products to replacement channel customers, as well as to original equipment manufacturers. Gates Industrial Corporation plc was founded in 1911 and is headquartered in Denver, Colorado.

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StockViz Staff

January 15, 2025

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