Gates Industrial (GTES) Interest Expenses (2017 - 2026)
Gates Industrial's Interest Expenses came in at $30 million for Q2 2026, up 4.2% from $28.8 million a year earlier and up 0.3% from the prior quarter.
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Analysis
Gates Industrial (GTES) Interest Expenses (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 27, 2026, Gates Industrial reported Interest Expenses of $127.4 million, down 0.2% year-over-year; for FY2025, it was $125.9 million, down 19.2% from FY2024.
- Interest Expenses carries a four-year compound annual growth rate of -1.5% (FY2021 to FY2025).
- Going back by year, Interest Expenses was $155.8 million in FY2024 (-4.5%), $163.2 million in FY2023 (+17.1%), $139.4 million in FY2022 (+4.4%) and $133.5 million in FY2021.
- The five-year range for quarterly Interest Expenses is $24.2 million (Q4 2021) to $49.1 million (Q2 2024).
- Year-over-year, Interest Expenses increased in two of the last eight quarters, with an average decline of 10.6%.
- The fastest year-over-year change in Interest Expenses over five years came in Q4 2022 (growth of 67.4%), and the weakest in Q2 2025 (a decline of 41.3%).
- Business Quant data shows GTES's Interest Expenses at $29.9 million (Q1 2026), $32.6 million (Q4 2025) and $34.9 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 497.00 Mn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 213.70 Mn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 661.00 Mn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 201.00 Mn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 95.00 Mn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 17.40 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | - |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 79.00 Mn |
| 10 | Gates Industrial | 6.64 Bn | 3.90 Bn | 386.10 Mn | 30.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 30.00 Mn |
| Mar 28, 2026 | 29.90 Mn |
| Dec 31, 2025 | 32.60 Mn |
| Sep 27, 2025 | 34.90 Mn |
| Jun 28, 2025 | 28.80 Mn |
| Mar 29, 2025 | 29.60 Mn |
| Dec 28, 2024 | 34.10 Mn |
| Sep 28, 2024 | 35.10 Mn |
| Jun 29, 2024 | 49.10 Mn |
| Mar 30, 2024 | 37.50 Mn |
| Dec 30, 2023 | 38.40 Mn |
| Sep 30, 2023 | 39.50 Mn |
| Jul 1, 2023 | 44.50 Mn |
| Apr 1, 2023 | 40.80 Mn |
| Dec 31, 2022 | 40.50 Mn |
| Oct 1, 2022 | 33.30 Mn |
| Jul 2, 2022 | 33.00 Mn |
| Apr 2, 2022 | 32.60 Mn |
| Jan 1, 2022 | 24.20 Mn |
| Oct 2, 2021 | 33.10 Mn |
API Access
Gates Industrial Interest Expenses 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=interest-expenses&ticker=GTES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=GTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();