Gates Industrial (GTES) Return on Capital Employed [ROCE] (2018 - 2026)
Gates Industrial's Return on Capital Employed [ROCE] was 7.29% in Q3 2026, up 0.08 percentage points from 7.20% a year earlier and up 0.04 percentage points from the prior quarter.
Gates Industrial (GTES) Return on Capital Employed [ROCE] (2018 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Gates Industrial came in at 7.46%, down 0.03 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a four-year change of +0.16 percentage points (FY2021 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 7.50% in FY2024 (+0.36 pp), 7.14% in FY2023 (+1.33 pp), 5.81% in FY2022 (-1.50 pp) and 7.31% in FY2021.
- The Q3 2026 figure marks the highest quarterly Return on Capital Employed [ROCE] since Q2 2025.
- Compared with a year earlier, Return on Capital Employed [ROCE] was higher in three of the last eight quarters, with an average year-over-year change of -0.21 percentage points.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q1 2024 (a gain of 1.45 percentage points); the worst was Q4 2022 (a drop of 5.47 percentage points).
- Per Business Quant data, GTES's Return on Capital Employed [ROCE] in the three quarters before Q3 2026 was 7.25% (Q2 2026), 6.96% (Q1 2026) and 7.25% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 22.25% |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 25.53% |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | - |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 12.64% |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 17.64% |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 18.67% |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 15.15% |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 38.87% |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 31.72% |
| 10 | Gates Industrial | 6.30 Bn | 3.43 Bn | 383.30 Mn | 7.29% |
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 7.29% |
| Jun 27, 2026 | 7.25% |
| Mar 28, 2026 | 6.96% |
| Dec 31, 2025 | 7.25% |
| Sep 27, 2025 | 7.20% |
| Jun 28, 2025 | 7.39% |
| Mar 29, 2025 | 7.91% |
| Dec 28, 2024 | 7.63% |
| Sep 28, 2024 | 7.70% |
| Jun 29, 2024 | 7.87% |
| Mar 30, 2024 | 7.65% |
| Dec 30, 2023 | 7.19% |
| Sep 30, 2023 | 6.88% |
| Jul 1, 2023 | 6.47% |
| Apr 1, 2023 | 6.20% |
| Dec 31, 2022 | 6.04% |
| Oct 1, 2022 | 10.10% |
| Jul 2, 2022 | 10.26% |
| Apr 2, 2022 | 10.58% |
| Jan 1, 2022 | 11.50% |
Gates Industrial Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=GTES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=GTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();