Gates Industrial (GTES) Non-Current Debt (2017 - 2026)
Gates Industrial (GTES) posted Non-Current Debt of $2.19 billion for Q2 2026, down 4.8% from $2.3 billion a year earlier and down 0.2% from the prior quarter.
Gates Industrial (GTES) Non-Current Debt (2017 - 2026) Analysis & Trends
At the end of FY2025, Gates Industrial's Non-Current Debt came in at $2.2 billion, down 5.0% from FY2024.
- Annual Non-Current Debt has declined for four consecutive years, with a four-year compound annual growth rate of -3.4% (FY2021 to FY2025).
- In prior years, Gates Industrial's Non-Current Debt was $2.31 billion in FY2024 (-4.3%), $2.42 billion in FY2023 (-0.5%), $2.43 billion in FY2022 (-4.0%) and $2.53 billion in FY2021.
- The Q2 2026 figure stands as the lowest quarterly Non-Current Debt in data going back to Q4 2017.
- On a year-over-year basis, Non-Current Debt has declined in each of the last 15 quarters, with an average decline of 3.5% over the last eight quarters.
- Across the past five years, year-over-year decline in Non-Current Debt ran from 0.2% in Q1 2025 to 8.3% in Q2 2024.
- According to Business Quant data, Non-Current Debt for the three prior quarters was $2.2 billion (Q1 2026), $2.2 billion (Q4 2025) and $2.2 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 32.04 Bn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 17.18 Bn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 6.10 Bn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 18.51 Bn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 6.77 Bn |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 2.94 Bn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 7.53 Bn |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 10.90 Bn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 6.55 Bn |
| 10 | Gates Industrial | 6.75 Bn | 4.01 Bn | 386.10 Mn | 2.19 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 2.19 Bn |
| Mar 28, 2026 | 2.20 Bn |
| Dec 31, 2025 | 2.20 Bn |
| Sep 27, 2025 | 2.20 Bn |
| Jun 28, 2025 | 2.30 Bn |
| Mar 29, 2025 | 2.31 Bn |
| Dec 28, 2024 | 2.31 Bn |
| Sep 28, 2024 | 2.34 Bn |
| Jun 29, 2024 | 2.31 Bn |
| Mar 30, 2024 | 2.31 Bn |
| Dec 30, 2023 | 2.42 Bn |
| Sep 30, 2023 | 2.42 Bn |
| Jul 1, 2023 | 2.52 Bn |
| Apr 1, 2023 | 2.42 Bn |
| Dec 31, 2022 | 2.43 Bn |
| Oct 1, 2022 | 2.47 Bn |
| Jul 2, 2022 | 2.53 Bn |
| Apr 2, 2022 | 2.57 Bn |
| Jan 1, 2022 | 2.53 Bn |
| Oct 2, 2021 | 2.54 Bn |
Gates Industrial Non-Current Debt 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=non-current-debt&ticker=GTES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=GTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();