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| 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 |