Gates Industrial (GTES) Payables (2016 - 2026)
Gates Industrial (GTES) reported Payables of $441.9 million for Q3 2026, up 14.7% from $385.3 million a year earlier but down 8.4% from the prior quarter.
Gates Industrial (GTES) Payables (2016 - 2026) Analysis & Trends
At the end of FY2025, Gates Industrial posted Payables of $433.7 million, up 6.2% from FY2024.
- Payables has a four-year compound annual growth rate of -3.8% (FY2021 to FY2025).
- By year, Payables came in at $408.2 million in FY2024 (-10.8%), $457.7 million in FY2023 (-2.5%), $469.6 million in FY2022 (-7.3%) and $506.6 million in FY2021.
- Five-year quarterly Payables spans a low of $385.3 million in Q3 2025 and a high of $506.6 million in Q4 2021.
- Year over year, Payables gained in three of the last eight quarters, with an average decline of 0.2%.
- The high point for year-over-year Payables in five years was Q2 2026 (growth of 17.3%); the low point was Q4 2024 (a decline of 10.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $482.4 million (Q2 2026), $396.9 million (Q1 2026) and $433.7 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 15.43 Bn |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 5.18 Bn |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 14.11 Bn |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 7.51 Bn |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 2.67 Bn |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 3.04 Bn |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 1.70 Bn |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 1.11 Bn |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 3.24 Bn |
| 10 | Gates Industrial | 6.30 Bn | 3.43 Bn | 383.30 Mn | 441.90 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 441.90 Mn |
| Jun 27, 2026 | 482.40 Mn |
| Mar 28, 2026 | 396.90 Mn |
| Dec 31, 2025 | 433.70 Mn |
| Sep 27, 2025 | 385.30 Mn |
| Jun 28, 2025 | 411.30 Mn |
| Mar 29, 2025 | 417.00 Mn |
| Dec 28, 2024 | 408.20 Mn |
| Sep 28, 2024 | 427.50 Mn |
| Jun 29, 2024 | 441.30 Mn |
| Mar 30, 2024 | 451.40 Mn |
| Dec 30, 2023 | 457.70 Mn |
| Sep 30, 2023 | 441.10 Mn |
| Jul 1, 2023 | 470.70 Mn |
| Apr 1, 2023 | 452.10 Mn |
| Dec 31, 2022 | 469.60 Mn |
| Oct 1, 2022 | 453.20 Mn |
| Jul 2, 2022 | 478.80 Mn |
| Apr 2, 2022 | 494.50 Mn |
| Jan 1, 2022 | 506.60 Mn |
Gates Industrial Payables 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=payables&ticker=GTES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "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=payables&ticker=GTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();