Gates Industrial (GTES) Change in Inventory (2017 - 2026)
Gates Industrial's (GTES) quarterly Change in Inventory came in at -$9.3 million in Q1 2026, down 160.39% year-on-year from $15.4 million in Q1 2025, and up 55.71% on a QoQ basis from -$21.0 million in Q4 2025.
Gates Industrial (GTES) Change in Inventory (2017 - 2026) Analysis & Trends
Gates Industrial (GTES) has 10 years of Change in Inventory data on file, last reported at -$9.3 million in Q1 2026.
- On a quarterly basis, Change in Inventory fell 160.39% year-over-year to -$9.3 million in Q1 2026; TTM through Mar 2026 was -$39.0 million, a 191.76% decrease from a year earlier, with the FY2025 full-year figure at -$14.3 million, down 122.34% from the prior year.
- Change in Inventory for Q1 2026 stood at -$9.3 million, up from -$21.0 million in the prior quarter.
- Over the last five years, Change in Inventory for GTES reached as high as $173.4 million in Q1 2022 and fell as low as -$53.7 million in Q4 2022.
- Historically, Change in Inventory has averaged $10.4 million across 5 years, with a median of $1.8 million in 2022.
- Across the five-year window, Change in Inventory tumbled 760.0% in 2023 and soared 667.69% in 2024, its largest moves.
- Year by year, Change in Inventory stood at -$53.7 million in 2022, then jumped by 76.72% to -$12.5 million in 2023, then slumped by 60.0% to -$20.0 million in 2024, then decreased by 5.0% to -$21.0 million in 2025, then jumped by 55.71% to -$9.3 million in 2026.
- Per Business Quant data, the three most recent Change in Inventory figures were -$9.3 million in Q1 2026, -$21.0 million in Q4 2025, and -$9.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 814.00 Mn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | - |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 43.00 Mn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 333.00 Mn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 110.00 Mn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 75.00 Mn |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | - |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 8.00 Mn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 74.70 Mn |
| 10 | Gates Industrial | 6.83 Bn | 6.05 Bn | 338.00 Mn | -9.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | -9.30 Mn |
| Mar 28, 2026 | -9.30 Mn |
| Dec 31, 2025 | -21.00 Mn |
| Dec 31, 2025 | -21.00 Mn |
| Sep 27, 2025 | -9.70 Mn |
| Sep 27, 2025 | -9.70 Mn |
| Jun 28, 2025 | 1.00 Mn |
| Jun 28, 2025 | 1.00 Mn |
| Mar 29, 2025 | 15.40 Mn |
| Mar 29, 2025 | 15.40 Mn |
| Dec 28, 2024 | -20.00 Mn |
| Dec 28, 2024 | -20.00 Mn |
| Sep 28, 2024 | 18.00 Mn |
| Sep 28, 2024 | 18.00 Mn |
| Jun 29, 2024 | 29.10 Mn |
| Jun 29, 2024 | 29.10 Mn |
| Mar 30, 2024 | 36.90 Mn |
| Mar 30, 2024 | 36.90 Mn |
| Dec 30, 2023 | -12.50 Mn |
| Dec 30, 2023 | -12.50 Mn |