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

Gates Industrial (GTES) reported Interest Expenses of $29.9 million for Q1 2026, up 1.01% year-over-year from $29.6 million in Q1 2025, and down 8.28% quarter-over-quarter from $32.6 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 $29.9 million in Q1 2026.

  • Interest Expenses for Q1 2026 came in at $29.9 million, up 1.01% year-over-year; the trailing twelve-month figure through Mar 2026 was $126.2 million (down 14.67% YoY), and the FY2025 annual result was $125.9 million, down 19.19% from the prior year.
  • Interest Expenses eased to $29.9 million in Q1 2026 per GTES's latest filing, from $32.6 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 $35.5 million and a median of $34.5 million in 2024 frame the typical range for Interest Expenses.
  • The sharpest annual moves came in 2022 and 2025: Interest Expenses soared 67.36% in 2022, then plunged 41.34% in 2025.
  • A 5-year view of Interest Expenses shows it stood at $40.5 million in 2022, then decreased by 5.19% to $38.4 million in 2023, then retreated by 11.2% to $34.1 million in 2024, then dropped by 4.4% to $32.6 million in 2025, then slipped by 8.28% to $29.9 million in 2026.
  • Business Quant data shows GTES's Interest Expenses at $29.9 million in Q1 2026, $32.6 million in Q4 2025, and $34.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn -28.00 Mn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 106.00 Mn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 99.00 Mn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 76.00 Mn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn -
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 73.00 Mn
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 20.91 Mn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 36.00 Mn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 29.52 Mn
10 Gates Industrial 6.51 Bn 6.08 Bn 338.00 Mn 29.90 Mn

Historic Data

Download Data
DateValue
Mar 28, 2026 29.90 Mn
Mar 28, 2026 29.90 Mn
Dec 31, 2025 32.60 Mn
Dec 31, 2025 32.60 Mn
Sep 27, 2025 34.90 Mn
Sep 27, 2025 34.90 Mn
Jun 28, 2025 28.80 Mn
Jun 28, 2025 28.80 Mn
Mar 29, 2025 29.60 Mn
Mar 29, 2025 29.60 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 37.50 Mn
Mar 30, 2024 37.50 Mn
Dec 30, 2023 38.40 Mn
Dec 30, 2023 38.40 Mn