Gates Industrial Corp plc (GTES) Interest Coverage Ratio (2017 - 2026)
Gates Industrial (GTES) posted quarterly Interest Coverage Ratio of 4.39 for Q2 2026, up 9.1% year-over-year from 4.02 in Q2 2025, and up 27.73% on a QoQ basis from 3.43 in Q1 2026.
Gates Industrial Corp plc (GTES) Interest Coverage Ratio (2017 - 2026) Analysis & Trends
Gates Industrial has reported Interest Coverage Ratio for 10 years, with the latest figure at 4.39 in Q2 2026.
- Interest Coverage Ratio for Q2 2026 came in at 4.39, up 9.1% year-over-year; the trailing twelve-month figure through Jun 2026 was 3.59 (up 3.42% YoY), and the FY2025 annual result was 0.37, down 3.74% from the prior year.
- Interest Coverage Ratio rose to 4.39 in Q2 2026, from 3.43 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 14.81 in Q1 2022 and troughed at 1.82 in Q2 2022.
- A 5-year average of 3.71 and a median of 3.22 in 2024 frame the typical range for Interest Coverage Ratio.
- The widest annual swing landed in 2022, when Interest Coverage Ratio slumped 83.48%; it then soared 48.1% in 2025.
- A 5-year view of Interest Coverage Ratio shows it stood at 2.45 in 2022, then increased by 28.72% to 3.15 in 2023, then increased by 2.14% to 3.22 in 2024, then climbed by 3.27% to 3.32 in 2025, then soared by 32.05% to 4.39 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 4.39 in Q2 2026, 3.43 in Q1 2026, and 3.32 in Q4 2025.
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Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 4.39 |
| Mar 28, 2026 | 3.43 |
| Dec 31, 2025 | 3.61 |
| Sep 27, 2025 | 3.31 |
| Jun 28, 2025 | 3.80 |
| Mar 29, 2025 | 3.45 |
| Dec 28, 2024 | 10.06 |
| Sep 28, 2024 | 3.30 |
| Jun 29, 2024 | 2.71 |
| Mar 30, 2024 | 2.56 |
| Dec 30, 2023 | 3.15 |
| Sep 30, 2023 | 3.19 |
| Jul 1, 2023 | 2.90 |
| Apr 1, 2023 | 1.90 |
| Dec 31, 2022 | 2.24 |
| Oct 1, 2022 | 3.12 |
| Jul 2, 2022 | 3.42 |
| Apr 2, 2022 | 1.82 |
| Jan 1, 2022 | 30.12 |
| Oct 2, 2021 | 3.94 |