Gates Industrial (GTES) Asset Utilization Ratio (2018 - 2026)

Gates Industrial (GTES) reported Asset Utilization Ratio of 0.48 for Q1 2026, down 2.65% year-over-year from 0.5 in Q1 2025, and little changed quarter-over-quarter from 0.48 in Q4 2025.

Gates Industrial (GTES) Asset Utilization Ratio (2018 - 2026) Analysis & Trends

Gates Industrial (GTES) has 9 years of Asset Utilization Ratio data on file, last reported at 0.48 in Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.48, down 2.65% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.48 (down 2.65% YoY), and the FY2025 annual result was 0.49, up 1.77% from the prior year.
  • Asset Utilization Ratio held at 0.48 in Q1 2026 per GTES's latest filing, from 0.48 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 0.58 in Q4 2022 and troughed at 0.48 in Q3 2025.
  • A 5-year average of 0.51 and a median of 0.49 in 2024 frame the typical range for Asset Utilization Ratio.
  • The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio surged 42.72% in 2022, then slipped 13.87% in 2023.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.5 in 2022, then slipped by 0.48% to 0.5 in 2023, then decreased by 1.41% to 0.49 in 2024, then slipped by 1.75% to 0.48 in 2025, then grew by 0.35% to 0.48 in 2026.
  • Business Quant data shows GTES's Asset Utilization Ratio at 0.48 in Q1 2026, 0.48 in Q4 2025, and 0.48 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 0.57
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 0.59
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 0.69
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 0.99
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 0.44
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 1.00
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 0.47
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 0.78
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 0.61
10 Gates Industrial 6.51 Bn 6.08 Bn 338.00 Mn 0.48

Historic Data

Download Data
DateValue
Mar 28, 2026 0.48
Dec 31, 2025 0.48
Sep 27, 2025 0.48
Jun 28, 2025 0.48
Mar 29, 2025 0.50
Dec 28, 2024 0.49
Sep 28, 2024 0.49
Jun 29, 2024 0.49
Mar 30, 2024 0.49
Dec 30, 2023 0.50
Sep 30, 2023 0.50
Jul 1, 2023 0.49
Apr 1, 2023 0.49
Dec 31, 2022 0.50
Oct 1, 2022 0.58
Jul 2, 2022 0.57
Apr 2, 2022 0.56
Jan 1, 2022 0.55
Oct 2, 2021 0.45
Jul 3, 2021 0.41