Gates Industrial (GTES) Interest Expenses (2017 - 2026)

Gates Industrial's (GTES) quarterly Interest Expenses came in at $32.0 million in Q1 2026, down 12.33% year-on-year from $36.5 million in Q1 2025, and up 6.67% on a QoQ basis from $30.0 million in Q4 2025.

Gates Industrial (GTES) Interest Expenses (2017 - 2026) Analysis & Trends

Gates Industrial (GTES) has 10 years of Interest Expenses data on file, last reported at $32.0 million in Q1 2026.

  • On a quarterly basis, Interest Expenses fell 12.33% year-over-year to $32.0 million in Q1 2026; TTM through Mar 2026 was $133.4 million, a 13.82% decrease from a year earlier, with the FY2025 full-year figure at $1.3 billion, up 2.37% from the prior year.
  • Interest Expenses for Q1 2026 stood at $32.0 million, up from $30.0 million in the prior quarter.
  • Over the last five years, Interest Expenses for GTES reached as high as $49.1 million in Q2 2024 and fell as low as $19.8 million in Q4 2022.
  • Historically, Interest Expenses has averaged $35.3 million across 5 years, with a median of $34.5 million in 2024.
  • Across the five-year window, Interest Expenses plunged 98.02% in 2022 and soared 47.98% in 2023, its largest moves.
  • Year by year, Interest Expenses stood at $19.8 million in 2022, then surged by 47.98% to $29.3 million in 2023, then rose by 16.38% to $34.1 million in 2024, then declined by 12.02% to $30.0 million in 2025, then grew by 6.67% to $32.0 million in 2026.
  • Per Business Quant data, the three most recent Interest Expenses figures were $32.0 million in Q1 2026, $30.0 million in Q4 2025, and $34.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Int Expense (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn -73.00 Mn
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 106.00 Mn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 529.00 Mn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 638.00 Mn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn -
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 73.00 Mn
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 20.91 Mn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 71.00 Mn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 63.80 Mn
10 Gates Industrial 6.83 Bn 6.05 Bn 338.00 Mn 32.00 Mn

Historic Data

Download Data
DateValue
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 34.10 Mn
Dec 28, 2024 34.10 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
Dec 30, 2023 29.30 Mn
Dec 30, 2023 29.30 Mn