Gates Industrial (GTES) Current Taxes (2017 - 2026)
Gates Industrial (GTES) posted Current Taxes of $31.2 million for Q2 2026, up 14.3% from $27.3 million a year earlier and up 67.7% from the prior quarter.
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Analysis
Gates Industrial (GTES) Current Taxes (2017 - 2026) Analysis & Trends
At the end of FY2025, Gates Industrial's Current Taxes came in at $27 million, up 17.9% from FY2024.
- Annual Current Taxes shows a four-year compound annual growth rate of -5.7% (FY2021 to FY2025).
- In prior years, Gates Industrial's Current Taxes was $22.9 million in FY2024 (-37.4%), $36.6 million in FY2023 (+55.7%), $23.5 million in FY2022 (-31.1%) and $34.1 million in FY2021.
- The Q2 2026 figure stands as the highest quarterly Current Taxes since Q1 2025.
- On a year-over-year basis, Current Taxes increased in two of the last eight quarters, with an average decline of 23.7%.
- The strongest year-over-year quarter for Current Taxes in the past five years was Q4 2023, with growth of 55.7%; the weakest was Q3 2025, with a decline of 60.2%.
- According to Business Quant data, Current Taxes for the three prior quarters was $18.6 million (Q1 2026), $27 million (Q4 2025) and $26.5 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | - |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 351.00 Mn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 1.01 Bn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | - |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 74.80 Mn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | - |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 123.00 Mn |
| 10 | Gates Industrial | 6.75 Bn | 4.01 Bn | 386.10 Mn | 31.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 31.20 Mn |
| Mar 28, 2026 | 18.60 Mn |
| Dec 31, 2025 | 27.00 Mn |
| Sep 27, 2025 | 26.50 Mn |
| Jun 28, 2025 | 27.30 Mn |
| Mar 29, 2025 | 38.60 Mn |
| Dec 28, 2024 | 22.90 Mn |
| Sep 28, 2024 | 66.60 Mn |
| Jun 29, 2024 | 61.40 Mn |
| Mar 30, 2024 | 44.90 Mn |
| Dec 30, 2023 | 36.60 Mn |
| Sep 30, 2023 | 68.30 Mn |
| Jul 1, 2023 | 52.50 Mn |
| Apr 1, 2023 | 29.20 Mn |
| Dec 31, 2022 | 23.50 Mn |
| Oct 1, 2022 | 47.90 Mn |
| Jul 2, 2022 | 35.10 Mn |
| Apr 2, 2022 | 27.10 Mn |
| Jan 1, 2022 | 34.10 Mn |
| Oct 2, 2021 | 51.40 Mn |
API Access
Gates Industrial Current Taxes 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=current-taxes&ticker=GTES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "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=current-taxes&ticker=GTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();