Gates Industrial (GTES) Operating Leases (2019 - 2026)
Gates Industrial's Operating Leases came in at $129.3 million for Q2 2026, up 0.6% from $128.5 million a year earlier but down 4.6% from the prior quarter.
Gates Industrial (GTES) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Gates Industrial's Operating Leases was $124.5 million, down 2.2% from FY2024.
- Operating Leases carries a four-year compound annual growth rate of 1.7% (FY2021 to FY2025).
- Going back by year, Operating Leases was $127.3 million in FY2024 (+15.1%), $110.6 million in FY2023 (-9.3%), $121.9 million in FY2022 (+4.7%) and $116.4 million in FY2021.
- The five-year range for quarterly Operating Leases is $105.3 million (Q2 2022) to $135.5 million (Q1 2026).
- Year-over-year, Operating Leases increased in seven of the last eight quarters, with growth averaging 6.9%.
- The fastest year-over-year change in Operating Leases over five years came in Q4 2024 (growth of 15.1%), and the weakest in Q4 2023 (a decline of 9.3%).
- Business Quant data shows GTES's Operating Leases at $135.5 million (Q1 2026), $124.5 million (Q4 2025) and $126.3 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn |
| 10 | Gates Industrial | 6.75 Bn | 4.01 Bn | 386.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 129.30 Mn |
| Mar 28, 2026 | 135.50 Mn |
| Dec 31, 2025 | 124.50 Mn |
| Sep 27, 2025 | 126.30 Mn |
| Jun 28, 2025 | 128.50 Mn |
| Mar 29, 2025 | 127.30 Mn |
| Dec 28, 2024 | 127.30 Mn |
| Sep 28, 2024 | 125.80 Mn |
| Jun 29, 2024 | 117.80 Mn |
| Mar 30, 2024 | 112.00 Mn |
| Dec 30, 2023 | 110.60 Mn |
| Sep 30, 2023 | 111.90 Mn |
| Jul 1, 2023 | 117.30 Mn |
| Apr 1, 2023 | 117.40 Mn |
| Dec 31, 2022 | 121.90 Mn |
| Oct 1, 2022 | 122.60 Mn |
| Jul 2, 2022 | 105.30 Mn |
| Apr 2, 2022 | 111.90 Mn |
| Jan 1, 2022 | 116.40 Mn |
| Oct 2, 2021 | 118.20 Mn |
Gates Industrial Operating Leases 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-leases&ticker=GTES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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-leases&ticker=GTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();