Gates Industrial (GTES) Operating Income (2017 - 2026)
Gates Industrial (GTES) recorded Operating Income of $131.6 million in Q2 2026, up 13.6% from $115.8 million a year earlier and up 19.7% from the prior quarter.
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Analysis
Gates Industrial (GTES) Operating Income (2017 - 2026) Analysis & Trends
On a TTM basis, Gates Industrial's Operating Income came in at $465.2 million as of Jun 27, 2026, down 0.4% year-over-year; for FY2025, it was $465.3 million, down 1.5% from FY2024.
- Annual Operating Income has a four-year compound annual growth rate of -1.0% (FY2021 to FY2025).
- Across earlier years, Operating Income came in at $472.2 million in FY2024 (+2.6%), $460.1 million in FY2023 (+19.8%), $384 million in FY2022 (-20.7%) and $484.1 million in FY2021.
- The Q2 2026 figure is the highest quarterly Operating Income since Q2 2024.
- On a year-over-year basis, Operating Income rose in two of the last eight quarters, with an average decline of 2.6%.
- Peak year-over-year performance for Operating Income in the last five years was growth of 33.7% in Q1 2024, against a decline of 72.3% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $109.9 million (Q1 2026), $108.3 million (Q4 2025) and $115.4 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 4.30 Bn |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 2.58 Bn |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 1.86 Bn |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 1.39 Bn |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 1.37 Bn |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 637.90 Mn |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 1.31 Bn |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 984.00 Mn |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 1.15 Bn |
| 10 | Gates Industrial | 6.75 Bn | 4.01 Bn | 386.10 Mn | 131.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 131.60 Mn |
| Mar 28, 2026 | 109.90 Mn |
| Dec 31, 2025 | 108.30 Mn |
| Sep 27, 2025 | 115.40 Mn |
| Jun 28, 2025 | 115.80 Mn |
| Mar 29, 2025 | 125.80 Mn |
| Dec 28, 2024 | 109.70 Mn |
| Sep 28, 2024 | 115.90 Mn |
| Jun 29, 2024 | 133.30 Mn |
| Mar 30, 2024 | 116.70 Mn |
| Dec 30, 2023 | 117.80 Mn |
| Sep 30, 2023 | 125.90 Mn |
| Jul 1, 2023 | 129.10 Mn |
| Apr 1, 2023 | 87.30 Mn |
| Dec 31, 2022 | 99.10 Mn |
| Oct 1, 2022 | 103.80 Mn |
| Jul 2, 2022 | 112.70 Mn |
| Apr 2, 2022 | 68.40 Mn |
| Jan 1, 2022 | 358.40 Mn |
| Oct 2, 2021 | 130.50 Mn |
API Access
Gates Industrial Operating Income 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=operating-income&ticker=GTES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=GTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();