Gates Industrial (GTES) Debt Ratio (2017 - 2026)
Gates Industrial's (GTES) quarterly Debt Ratio came in at 0.32 in Q1 2026, down 6.54% year-on-year from 0.34 in Q1 2025, and up 1.72% on a QoQ basis from 0.31 in Q4 2025.
Gates Industrial (GTES) Debt Ratio (2017 - 2026) Analysis & Trends
Gates Industrial (GTES) has 10 years of Debt Ratio data on file, last reported at 0.32 in Q1 2026.
- On a quarterly basis, Debt Ratio fell 6.54% year-over-year to 0.32 in Q1 2026; TTM through Mar 2026 was 0.32, a 6.54% decrease from a year earlier, with the FY2025 full-year figure at 0.31, down 11.35% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.32, up from 0.31 in the prior quarter.
- Over the last five years, Debt Ratio for GTES reached as high as 0.36 in Q4 2022 and fell as low as 0.31 in Q4 2025.
- Historically, Debt Ratio has averaged 0.34 across 5 years, with a median of 0.34 in 2023.
- Across the five-year window, Debt Ratio climbed 4.2% in 2024 and retreated 11.35% in 2025, its largest moves.
- Year by year, Debt Ratio stood at 0.34 in 2022, then decreased by 1.33% to 0.34 in 2023, then gained by 4.2% to 0.35 in 2024, then decreased by 11.35% to 0.31 in 2025, then advanced by 1.72% to 0.32 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.32 in Q1 2026, 0.31 in Q4 2025, and 0.31 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 0.03 |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 0.38 |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 0.31 |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 0.20 |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 0.32 |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 0.56 |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 0.13 |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 0.33 |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 0.26 |
| 10 | Gates Industrial | 6.83 Bn | 6.05 Bn | 338.00 Mn | 0.32 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 0.32 |
| Dec 31, 2025 | 0.31 |
| Sep 27, 2025 | 0.31 |
| Jun 28, 2025 | 0.32 |
| Mar 29, 2025 | 0.34 |
| Dec 28, 2024 | 0.35 |
| Sep 28, 2024 | 0.33 |
| Jun 29, 2024 | 0.33 |
| Mar 30, 2024 | 0.33 |
| Dec 30, 2023 | 0.34 |
| Sep 30, 2023 | 0.35 |
| Jul 1, 2023 | 0.35 |
| Apr 1, 2023 | 0.34 |
| Dec 31, 2022 | 0.34 |
| Oct 1, 2022 | 0.36 |
| Jul 2, 2022 | 0.36 |
| Apr 2, 2022 | 0.36 |
| Jan 1, 2022 | 0.35 |
| Oct 2, 2021 | 0.35 |
| Jul 3, 2021 | 0.35 |