Gates Industrial (GTES) Current Taxes (2017 - 2026)

Gates Industrial (GTES) reported Current Taxes of $18.6 million for Q1 2026, down 51.81% year-over-year from $38.6 million in Q1 2025, and down 31.11% quarter-over-quarter from $27.0 million in Q4 2025.

Gates Industrial (GTES) Current Taxes (2017 - 2026) Analysis & Trends

Gates Industrial (GTES) has 10 years of Current Taxes data on file, last reported at $18.6 million in Q1 2026.

  • Current Taxes for Q1 2026 came in at $18.6 million, down 51.81% year-over-year; the trailing twelve-month figure through Mar 2026 was $18.6 million (down 51.81% YoY), and the FY2025 annual result was $27.0 million, up 17.9% from the prior year.
  • Current Taxes fell to $18.6 million in Q1 2026 per GTES's latest filing, from $27.0 million in the prior quarter.
  • Over five years, Current Taxes peaked at $68.3 million in Q3 2023 and troughed at $18.6 million in Q1 2026.
  • A 5-year average of $38.2 million and a median of $34.6 million in 2022 frame the typical range for Current Taxes.
  • The sharpest annual moves came in 2022 and 2025: Current Taxes surged 143.57% in 2022, then slumped 60.21% in 2025.
  • A 5-year view of Current Taxes shows it stood at $23.5 million in 2022, then soared by 55.74% to $36.6 million in 2023, then slumped by 37.43% to $22.9 million in 2024, then increased by 17.9% to $27.0 million in 2025, then slumped by 31.11% to $18.6 million in 2026.
  • Business Quant data shows GTES's Current Taxes at $18.6 million in Q1 2026, $27.0 million in Q4 2025, and $26.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn -
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn -
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 233.00 Mn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn -
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn -
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 180.00 Mn
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 91.17 Mn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn -
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 42.88 Mn
10 Gates Industrial 6.51 Bn 6.08 Bn 338.00 Mn 18.60 Mn

Historic Data

Download Data
DateValue
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
Jul 3, 2021 37.00 Mn