Gates Industrial (GTES) Net Income Attributable to Noncontrolling Interests (2017 - 2026)
Gates Industrial (GTES) reported Net Income Attributable to Noncontrolling Interests of $4.9 million for Q3 2026, down 30.0% from $7 million a year earlier and down 31.0% from the prior quarter.
Gates Industrial (GTES) Net Income Attributable to Noncontrolling Interests (2017 - 2026) Analysis & Trends
Over the twelve months ended Sep 26, 2026, Gates Industrial's Net Income Attributable to Noncontrolling Interests came in at $23.5 million, down 3.7% year-over-year; for FY2025, it came in at $24.9 million, down 0.4% from FY2024.
- Net Income Attributable to Noncontrolling Interests has a four-year compound annual growth rate of -7.6% (FY2021 to FY2025).
- By year, Net Income Attributable to Noncontrolling Interests came in at $25 million in FY2024 (+6.4%), $23.5 million in FY2023 (+8.3%), $21.7 million in FY2022 (-36.5%) and $34.2 million in FY2021.
- The Q3 2026 figure ranks as the lowest quarterly Net Income Attributable to Noncontrolling Interests since Q4 2024.
- Year over year, Net Income Attributable to Noncontrolling Interests gained in four of the last eight quarters, with an average decline of 5.4%.
- The high point for year-over-year Net Income Attributable to Noncontrolling Interests in five years was Q3 2023 (growth of 65.9%); the low point was Q4 2022 (a decline of 83.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $7.1 million (Q2 2026), $6.5 million (Q1 2026) and $5 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCI Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | -1.00 Mn |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 20.40 Mn |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | -2.00 Mn |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 1.00 Mn |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | - |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 37.00 Mn |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 1.00 Mn |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | - |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | - |
| 10 | Gates Industrial | 6.30 Bn | 3.43 Bn | 383.30 Mn | 4.90 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 4.90 Mn |
| Jun 27, 2026 | 7.10 Mn |
| Mar 28, 2026 | 6.50 Mn |
| Dec 31, 2025 | 5.00 Mn |
| Sep 27, 2025 | 7.00 Mn |
| Jun 28, 2025 | 6.60 Mn |
| Mar 29, 2025 | 6.30 Mn |
| Dec 28, 2024 | 4.50 Mn |
| Sep 28, 2024 | 7.50 Mn |
| Jun 29, 2024 | 6.90 Mn |
| Mar 30, 2024 | 6.10 Mn |
| Dec 30, 2023 | 6.20 Mn |
| Sep 30, 2023 | 6.80 Mn |
| Jul 1, 2023 | 6.30 Mn |
| Apr 1, 2023 | 4.20 Mn |
| Dec 31, 2022 | 5.20 Mn |
| Oct 1, 2022 | 4.10 Mn |
| Jul 2, 2022 | 6.00 Mn |
| Apr 2, 2022 | 6.40 Mn |
| Jan 1, 2022 | 31.80 Mn |
Gates Industrial Net Income Attributable to Noncontrolling Interests API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=income-from-non-controlling-interests&ticker=GTES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-non-controlling-interests", "ticker": "GTES", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=income-from-non-controlling-interests&ticker=GTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();