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
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