Gates Industrial (GTES) Long-Term Deferred Tax (2018 - 2026)
Gates Industrial (GTES) reported Long-Term Deferred Tax of $729.4 million for Q2 2026, up 16.0% from $628.6 million a year earlier and up 14.6% from the prior quarter.
Gates Industrial (GTES) Long-Term Deferred Tax (2018 - 2026) Analysis & Trends
At the end of FY2025, Gates Industrial posted Long-Term Deferred Tax of $640 million, up 15.6% from FY2024.
- Long-Term Deferred Tax has a four-year compound annual growth rate of 0.0% (FY2021 to FY2025).
- By year, Long-Term Deferred Tax came in at $553.5 million in FY2024 (-11.1%), $622.4 million in FY2023 (+3.7%), $600.3 million in FY2022 (-6.1%) and $639.3 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Long-Term Deferred Tax in data going back to Q4 2018.
- Year over year, Long-Term Deferred Tax has now increased in each of the last three quarters, with growth averaging 4.1% over the last eight quarters.
- The high point for year-over-year Long-Term Deferred Tax in five years was Q2 2026 (growth of 16.0%); the low point was Q4 2024 (a decline of 11.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $636.3 million (Q1 2026), $640 million (Q4 2025) and $627.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn |
| 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 |
| 10 | Gates Industrial | 6.64 Bn | 3.90 Bn | 386.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 729.40 Mn |
| Mar 28, 2026 | 636.30 Mn |
| Dec 31, 2025 | 640.00 Mn |
| Sep 27, 2025 | 627.10 Mn |
| Jun 28, 2025 | 628.60 Mn |
| Mar 29, 2025 | 570.90 Mn |
| Dec 28, 2024 | 553.50 Mn |
| Sep 28, 2024 | 643.50 Mn |
| Jun 29, 2024 | 608.10 Mn |
| Mar 30, 2024 | 607.40 Mn |
| Dec 30, 2023 | 622.40 Mn |
| Sep 30, 2023 | 607.80 Mn |
| Jul 1, 2023 | 618.40 Mn |
| Apr 1, 2023 | 607.20 Mn |
| Dec 31, 2022 | 600.30 Mn |
| Oct 1, 2022 | 531.20 Mn |
| Jul 2, 2022 | 557.60 Mn |
| Apr 2, 2022 | 610.00 Mn |
| Jan 1, 2022 | 639.30 Mn |
| Oct 2, 2021 | 624.00 Mn |
Gates Industrial Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=GTES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=GTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();