Gates Industrial (GTES) Debt Ratio (2017 - 2026)

Gates Industrial (GTES) reported Debt Ratio of 0.31 for Q1 2026, down 7.82% year-over-year from 0.34 in Q1 2025, and little changed quarter-over-quarter 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 0.31 in Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.31, down 7.82% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.31 (down 7.82% YoY), and the FY2025 annual result was 0.31, down 9.87% from the prior year.
  • Debt Ratio held at 0.31 in Q1 2026 per GTES's latest filing, from 0.31 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.36 in Q3 2022 and troughed at 0.31 in Q4 2025.
  • A 5-year average of 0.34 and a median of 0.34 in 2023 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2022 and 2025: Debt Ratio increased 3.47% in 2022, then dropped 9.87% in 2025.
  • A 5-year view of Debt Ratio shows it stood at 0.34 in 2022, then declined by 1.33% to 0.34 in 2023, then advanced by 2.5% to 0.35 in 2024, then dropped by 9.87% to 0.31 in 2025, then increased by 0.33% to 0.31 in 2026.
  • Business Quant data shows GTES's Debt Ratio at 0.31 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 251.14 Bn 242.11 Bn 1.78 Bn 0.04
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 0.38
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 0.31
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 0.20
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 0.32
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 0.56
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 0.13
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 0.33
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 0.24
10 Gates Industrial 6.51 Bn 6.08 Bn 338.00 Mn 0.31

Historic Data

Download Data
DateValue
Mar 28, 2026 0.31
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 0.34
Jul 1, 2023 0.35
Apr 1, 2023 0.34
Dec 31, 2022 0.34
Oct 1, 2022 0.35
Jul 2, 2022 0.36
Apr 2, 2022 0.35
Jan 1, 2022 0.34
Oct 2, 2021 0.34
Jul 3, 2021 0.35