Gates Industrial (GTES) Operating Leases (2019 - 2026)
Gates Industrial (GTES) reported Operating Leases of $135.5 million for Q1 2026, up 6.44% year-over-year from $127.3 million in Q1 2025, and up 8.84% quarter-over-quarter from $124.5 million in Q4 2025.
Gates Industrial (GTES) Operating Leases (2019 - 2026) Analysis & Trends
Gates Industrial (GTES) has 8 years of Operating Leases data on file, last reported at $135.5 million in Q1 2026.
- Operating Leases for Q1 2026 came in at $135.5 million, up 6.44% year-over-year; the trailing twelve-month figure through Mar 2026 was $135.5 million (up 6.44% YoY), and the FY2025 annual result was $124.5 million, down 2.2% from the prior year.
- Operating Leases improved to $135.5 million in Q1 2026 per GTES's latest filing, from $124.5 million in the prior quarter.
- Over five years, Operating Leases peaked at $135.5 million in Q1 2026 and troughed at $105.3 million in Q3 2022.
- A 5-year average of $120.0 million and a median of $119.8 million in 2022 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2022 and 2024: Operating Leases fell 10.15% in 2022, then grew 15.1% in 2024.
- A 5-year view of Operating Leases shows it stood at $121.9 million in 2022, then dropped by 9.27% to $110.6 million in 2023, then gained by 15.1% to $127.3 million in 2024, then declined by 2.2% to $124.5 million in 2025, then rose by 8.84% to $135.5 million in 2026.
- Business Quant data shows GTES's Operating Leases at $135.5 million in Q1 2026, $124.5 million in Q4 2025, and $126.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn |
| 10 | Gates Industrial | 6.51 Bn | 6.08 Bn | 338.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jul 3, 2021 | 117.20 Mn |