Gates Industrial Corp plc (GTES) Interest Expenses (2017 - 2026)
Gates Industrial (GTES) posted quarterly Interest Expenses of $30.0 million for Q2 2026, up 4.17% year-over-year from $28.8 million in Q2 2025, and down 6.25% on a QoQ basis from $32.0 million in Q1 2026.
Gates Industrial Corp plc (GTES) Interest Expenses (2017 - 2026) Analysis & Trends
Gates Industrial has reported Interest Expenses for 10 years, with the latest figure at $30.0 million in Q2 2026.
- Interest Expenses for Q2 2026 came in at $30.0 million, up 4.17% year-over-year; the trailing twelve-month figure through Jun 2026 was $129.5 million (down 3.72% YoY), and the FY2025 annual result was $1.3 billion, up 2.37% from the prior year.
- Interest Expenses eased to $30.0 million in Q2 2026, from $32.0 million in the prior quarter.
- Over five years, Interest Expenses peaked at $49.1 million in Q2 2024 and troughed at $24.2 million in Q1 2022.
- A 5-year average of $36.6 million and a median of $35.1 million in 2024 frame the typical range for Interest Expenses.
- The largest YoY upside for Interest Expenses was 67.36% in 2022 against a maximum downside of 98.02% in 2022.
- A 5-year view of Interest Expenses shows it stood at $40.5 million in 2022, then declined by 7.65% to $37.4 million in 2023, then fell by 8.82% to $34.1 million in 2024, then declined by 4.4% to $32.6 million in 2025, then retreated by 7.98% to $30.0 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were $30.0 million in Q2 2026, $32.0 million in Q1 2026, and $32.6 million in Q4 2025.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 30.00 Mn |
| Jun 27, 2026 | 30.00 Mn |
| Mar 28, 2026 | 32.00 Mn |
| Mar 28, 2026 | 32.00 Mn |
| Dec 31, 2025 | 30.00 Mn |
| Dec 31, 2025 | 30.00 Mn |
| Sep 27, 2025 | 34.90 Mn |
| Sep 27, 2025 | 34.90 Mn |
| Jun 28, 2025 | 30.50 Mn |
| Jun 28, 2025 | 30.50 Mn |
| Mar 29, 2025 | 36.50 Mn |
| Mar 29, 2025 | 36.50 Mn |
| Dec 28, 2024 | 10.90 Mn |
| Dec 28, 2024 | 10.90 Mn |
| Sep 28, 2024 | 35.10 Mn |
| Sep 28, 2024 | 35.10 Mn |
| Jun 29, 2024 | 49.10 Mn |
| Jun 29, 2024 | 49.10 Mn |
| Mar 30, 2024 | 45.50 Mn |
| Mar 30, 2024 | 45.50 Mn |