Gates Industrial (GTES) Net Margin (2017 - 2026)
Gates Industrial (GTES) posted Net Margin of 9.57% for Q3 2026, up 0.04 percentage points from 9.54% a year earlier but down 8.58 percentage points from the prior quarter.
Gates Industrial (GTES) Net Margin (2017 - 2026) Analysis & Trends
For the trailing twelve months through Sep 26, 2026, Net Margin at Gates Industrial was 10.37%, up 3.44 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.
- Quarterly Net Margin has run from a low of 2.94% in Q1 2023 to a high of 18.15% in Q2 2026 over five years.
- On a year-over-year basis, Net Margin increased in five of the last eight quarters, with an average year-over-year change of +1.89 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 18.15% (Q2 2026), 7.01% (Q1 2026) and 5.99% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 15.89% |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 19.89% |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 10.92% |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 12.05% |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 14.75% |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 20.85% |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 14.30% |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 20.18% |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 17.73% |
| 10 | Gates Industrial | 6.30 Bn | 3.43 Bn | 383.30 Mn | 9.57% |
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 9.57% |
| 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% |
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();