Gates Industrial (GTES) EBIT (2017 - 2026)

Gates Industrial's (GTES) quarterly EBIT came in at $109.9 million in Q1 2026, down 12.64% year-on-year from $125.8 million in Q1 2025, and up 1.48% on a QoQ basis from $108.3 million in Q4 2025.

Gates Industrial (GTES) EBIT (2017 - 2026) Analysis & Trends

Gates Industrial (GTES) has 10 years of EBIT data on file, last reported at $109.9 million in Q1 2026.

  • On a quarterly basis, EBIT fell 12.64% year-over-year to $109.9 million in Q1 2026; TTM through Mar 2026 was $449.4 million, a 7.28% decrease from a year earlier, with the FY2025 full-year figure at $465.3 million, down 1.46% from the prior year.
  • EBIT for Q1 2026 stood at $109.9 million, up from $108.3 million in the prior quarter.
  • Over the last five years, EBIT for GTES reached as high as $358.4 million in Q1 2022 and fell as low as $68.4 million in Q2 2022.
  • Historically, EBIT has averaged $125.2 million across 5 years, with a median of $115.6 million in 2025.
  • Across the five-year window, EBIT slumped 72.35% in 2022 and surged 33.68% in 2024, its largest moves.
  • Year by year, EBIT stood at $99.1 million in 2022, then grew by 18.87% to $117.8 million in 2023, then retreated by 6.88% to $109.7 million in 2024, then declined by 1.28% to $108.3 million in 2025, then climbed by 1.48% to $109.9 million in 2026.
  • Per Business Quant data, the three most recent EBIT figures were $109.9 million in Q1 2026, $108.3 million in Q4 2025, and $115.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn 653.00 Mn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 1.17 Bn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 1.13 Bn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 949.00 Mn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 1.11 Bn
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 1.02 Bn
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 514.94 Mn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 467.00 Mn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 289.70 Mn
10 Gates Industrial 6.83 Bn 6.05 Bn 338.00 Mn 109.90 Mn

Historic Data

Download Data
DateValue
Mar 28, 2026 109.90 Mn
Dec 31, 2025 108.30 Mn
Sep 27, 2025 115.40 Mn
Jun 28, 2025 115.80 Mn
Mar 29, 2025 125.80 Mn
Dec 28, 2024 109.70 Mn
Sep 28, 2024 115.90 Mn
Jun 29, 2024 133.30 Mn
Mar 30, 2024 116.70 Mn
Dec 30, 2023 117.80 Mn
Sep 30, 2023 125.90 Mn
Jul 1, 2023 129.10 Mn
Apr 1, 2023 87.30 Mn
Dec 31, 2022 99.10 Mn
Oct 1, 2022 103.80 Mn
Jul 2, 2022 112.70 Mn
Apr 2, 2022 68.40 Mn
Jan 1, 2022 358.40 Mn
Oct 2, 2021 130.50 Mn
Jul 3, 2021 149.10 Mn