Gates Industrial (GTES) Exchange Rate Effect (2017 - 2026)
Gates Industrial (GTES) reported Exchange Rate Effect of -$4.7 million for Q1 2026, down 171.21% year-over-year from $6.6 million in Q1 2025, and down 491.67% quarter-over-quarter from $1.2 million in Q4 2025.
Gates Industrial (GTES) Exchange Rate Effect (2017 - 2026) Analysis & Trends
Gates Industrial (GTES) has 10 years of Exchange Rate Effect data on file, last reported at -$4.7 million in Q1 2026.
- Exchange Rate Effect for Q1 2026 came in at -$4.7 million, down 171.21% year-over-year; the trailing twelve-month figure through Mar 2026 was $10.9 million (up 189.34% YoY), and the FY2025 annual result was $22.2 million, up 180.14% from the prior year.
- Exchange Rate Effect retreated to -$4.7 million in Q1 2026 per GTES's latest filing, from $1.2 million in the prior quarter.
- Over five years, Exchange Rate Effect peaked at $31.3 million in Q4 2022 and troughed at -$26.3 million in Q4 2024.
- A 5-year average of -$938888.9 and a median of -$4.4 million in 2022 frame the typical range for Exchange Rate Effect.
- The sharpest annual moves came in 2022 and 2024: Exchange Rate Effect soared 553.62% in 2022, then slumped 275.33% in 2024.
- A 5-year view of Exchange Rate Effect shows it stood at $31.3 million in 2022, then tumbled by 52.08% to $15.0 million in 2023, then tumbled by 275.33% to -$26.3 million in 2024, then soared by 104.56% to $1.2 million in 2025, then sank by 491.67% to -$4.7 million in 2026.
- Business Quant data shows GTES's Exchange Rate Effect at -$4.7 million in Q1 2026, $1.2 million in Q4 2025, and -$2.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | -16.00 Mn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 14.00 Mn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | -1.00 Mn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | -13.00 Mn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | -6.00 Mn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | -1.00 Mn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | -5.70 Mn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | - |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | -2.38 Mn |
| 10 | Gates Industrial | 6.51 Bn | 6.08 Bn | 338.00 Mn | -4.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | -4.70 Mn |
| Mar 28, 2026 | -4.70 Mn |
| Dec 31, 2025 | 1.20 Mn |
| Dec 31, 2025 | 1.20 Mn |
| Sep 27, 2025 | -2.10 Mn |
| Sep 27, 2025 | -2.10 Mn |
| Jun 28, 2025 | 16.50 Mn |
| Jun 28, 2025 | 16.50 Mn |
| Mar 29, 2025 | 6.60 Mn |
| Mar 29, 2025 | 6.60 Mn |
| Dec 28, 2024 | -26.30 Mn |
| Dec 28, 2024 | -26.30 Mn |
| Sep 28, 2024 | 14.80 Mn |
| Sep 28, 2024 | 14.80 Mn |
| Jun 29, 2024 | -7.30 Mn |
| Jun 29, 2024 | -7.30 Mn |
| Mar 30, 2024 | -8.90 Mn |
| Mar 30, 2024 | -8.90 Mn |
| Dec 30, 2023 | 15.00 Mn |
| Dec 30, 2023 | 15.00 Mn |