Gates Industrial (GTES) Payables (2017 - 2026)

Gates Industrial's (GTES) quarterly Payables came in at $396.9 million in Q1 2026, down 4.82% year-on-year from $417.0 million in Q1 2025, and down 8.49% on a QoQ basis from $433.7 million in Q4 2025.

Gates Industrial (GTES) Payables (2017 - 2026) Analysis & Trends

Gates Industrial (GTES) has 10 years of Payables data on file, last reported at $396.9 million in Q1 2026.

  • On a quarterly basis, Payables fell 4.82% year-over-year to $396.9 million in Q1 2026; TTM through Mar 2026 was $396.9 million, a 4.82% decrease from a year earlier, with the FY2025 full-year figure at $433.7 million, up 6.25% from the prior year.
  • Payables for Q1 2026 stood at $396.9 million, down from $433.7 million in the prior quarter.
  • Over the last five years, Payables for GTES reached as high as $506.6 million in Q1 2022 and fell as low as $385.3 million in Q3 2025.
  • Historically, Payables has averaged $444.3 million across 5 years, with a median of $446.4 million in 2024.
  • Across the five-year window, Payables gained 21.37% in 2022 and decreased 10.81% in 2024, its largest moves.
  • Year by year, Payables stood at $469.6 million in 2022, then fell by 2.53% to $457.7 million in 2023, then dropped by 10.81% to $408.2 million in 2024, then advanced by 6.25% to $433.7 million in 2025, then retreated by 8.49% to $396.9 million in 2026.
  • Per Business Quant data, the three most recent Payables figures were $396.9 million in Q1 2026, $433.7 million in Q4 2025, and $385.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 GE Vernova 270.93 Bn 257.81 Bn 2.36 Bn -
2 Eaton 156.55 Bn 155.79 Bn 2.65 Bn 7.42 Bn
3 Parker-Hannifin 124.04 Bn 123.57 Bn 2.02 Bn 2.30 Bn
4 Cummins 91.66 Bn 88.48 Bn 2.24 Bn 4.78 Bn
5 Emerson Electric 82.90 Bn 81.11 Bn 2.42 Bn 1.47 Bn
6 Illinois Tool Works 81.54 Bn 80.71 Bn 1.76 Bn 1.07 Bn
7 Ametek 55.40 Bn 54.92 Bn 717.56 Mn 619.26 Mn
8 Rockwell Automation 51.78 Bn 51.35 Bn 1.13 Bn 1.95 Bn
9 Ingersoll Rand 32.99 Bn 31.71 Bn 792.40 Mn 847.40 Mn
10 Gates Industrial 6.83 Bn 6.05 Bn 338.00 Mn 396.90 Mn

Historic Data

Download Data
DateValue
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
Oct 2, 2021 459.50 Mn
Jul 3, 2021 479.70 Mn