Gates Industrial (GTES) Exchange Rate Effect (2017 - 2026)

Gates Industrial's (GTES) quarterly Exchange Rate Effect came in at -$4.7 million in Q1 2026, down 171.21% year-on-year from $6.6 million in Q1 2025, and down 491.67% on a QoQ basis 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.

  • On a quarterly basis, Exchange Rate Effect fell 171.21% year-over-year to -$4.7 million in Q1 2026; TTM through Mar 2026 was $10.9 million, a 189.34% increase from a year earlier, with the FY2025 full-year figure at $22.2 million, up 180.14% from the prior year.
  • Exchange Rate Effect for Q1 2026 stood at -$4.7 million, down from $1.2 million in the prior quarter.
  • Over the last five years, Exchange Rate Effect for GTES reached as high as $31.3 million in Q4 2022 and fell as low as -$26.3 million in Q4 2024.
  • Historically, Exchange Rate Effect has averaged -$938888.9 across 5 years, with a median of -$4.4 million in 2022.
  • Across the five-year window, Exchange Rate Effect jumped 553.62% in 2022 and plunged 275.33% in 2024, its largest moves.
  • Year by year, Exchange Rate Effect stood at $31.3 million in 2022, then plunged by 52.08% to $15.0 million in 2023, then plunged by 275.33% to -$26.3 million in 2024, then soared by 104.56% to $1.2 million in 2025, then slumped by 491.67% to -$4.7 million in 2026.
  • Per Business Quant data, the three most recent Exchange Rate Effect figures were -$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) Exchange Rate Effect (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn -30.00 Mn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 14.00 Mn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn -1.00 Mn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn -13.00 Mn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn -6.00 Mn
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn -1.00 Mn
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn -5.70 Mn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn -
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn -5.90 Mn
10 Gates Industrial 6.83 Bn 6.05 Bn 338.00 Mn -4.70 Mn

Historic Data

Download Data
DateValue
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