Gates Industrial (GTES) Net Margin (2017 - 2026)
Gates Industrial (GTES) posted Net Margin of 18.15% for Q2 2026, up 11.76 percentage points from 6.39% a year earlier and up 11.14 percentage points from the prior quarter.
Gates Industrial (GTES) Net Margin (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 27, 2026, Net Margin at Gates Industrial was 10.37%, up 4.40 percentage points year-over-year; for FY2025, it came in at 7.30%, up 1.58 percentage points from FY2024.
- Annual Net Margin shows a four-year change of -1.25 percentage points (FY2021 to FY2025).
- In prior years, Gates Industrial's Net Margin was 5.72% in FY2024 (-0.80 pp), 6.52% in FY2023 (+0.31 pp), 6.21% in FY2022 (-2.34 pp) and 8.55% in FY2021.
- The Q2 2026 figure stands as the highest quarterly Net Margin since Q1 2019.
- On a year-over-year basis, Net Margin increased in four of the last eight quarters, with an average year-over-year change of +1.47 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q2 2026, with a gain of 11.76 percentage points; the weakest was Q4 2022, with a drop of 6.90 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 7.01% (Q1 2026), 5.99% (Q4 2025) and 9.54% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 17.49% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 20.20% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 10.94% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 9.62% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 18.96% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 15.20% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 14.73% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 14.35% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 18.95% |
| 10 | Gates Industrial | 6.75 Bn | 4.01 Bn | 386.10 Mn | 18.15% |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 18.15% |
| Mar 28, 2026 | 7.01% |
| Dec 31, 2025 | 5.99% |
| Sep 27, 2025 | 9.54% |
| Jun 28, 2025 | 6.39% |
| Mar 29, 2025 | 7.31% |
| Dec 28, 2024 | 4.41% |
| Sep 28, 2024 | 5.73% |
| Jun 29, 2024 | 7.98% |
| Mar 30, 2024 | 4.64% |
| Dec 30, 2023 | 7.29% |
| Sep 30, 2023 | 9.02% |
| Jul 1, 2023 | 6.93% |
| Apr 1, 2023 | 2.94% |
| Dec 31, 2022 | 9.50% |
| Oct 1, 2022 | 6.03% |
| Jul 2, 2022 | 5.86% |
| Apr 2, 2022 | 3.46% |
| Jan 1, 2022 | 16.40% |
| Oct 2, 2021 | 8.14% |
Gates Industrial Net Margin 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=net-margin&ticker=GTES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=GTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();