Gates Industrial (GTES) Asset Utilization Ratio (2018 - 2026)
Gates Industrial's (GTES) Asset Utilization Ratio stood at 0.48 in Q2 2026, up 0.5% from 0.48 a year earlier and unchanged from the prior quarter.
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Analysis
Gates Industrial (GTES) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
For FY2025, Gates Industrial's Asset Utilization Ratio came in at 0.49, up 1.8% from FY2024.
- Across earlier years, Asset Utilization Ratio came in at 0.49 in FY2024 (-1.8%), 0.49 in FY2023 (+2.4%), 0.48 in FY2022 (+3.9%) and 0.46 in FY2021.
- Quarterly Asset Utilization Ratio has ranged from 0.48 in Q3 2025 to 0.58 in Q3 2022 over the past five years.
- On a year-over-year basis, Asset Utilization Ratio rose in two of the last eight quarters, with an average decline of 1.6%.
- Peak year-over-year performance for Asset Utilization Ratio in the last five years was growth of 0.5% in Q1 2024, against a decline of 13.9% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.48 (Q1 2026), 0.48 (Q4 2025) and 0.48 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 0.75 |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 0.67 |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 0.45 |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 0.54 |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 0.70 |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 0.78 |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 0.44 |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 0.72 |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 1.01 |
| 10 | Gates Industrial | 6.75 Bn | 4.01 Bn | 386.10 Mn | 0.48 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 0.48 |
| 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 |
API Access
Gates Industrial Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=GTES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "GTES", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=GTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();