Gates Industrial (GTES) Return on Invested Capital [ROIC] (2018 - 2026)
Gates Industrial's Return on Invested Capital [ROIC] was 7.83% in Q3 2026, up 2.07 percentage points from 5.76% a year earlier and up 0.13 percentage points from the prior quarter.
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Analysis
Gates Industrial (GTES) Return on Invested Capital [ROIC] (2018 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Gates Industrial came in at 6.53%, up 1.09 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a four-year change of -1.16 percentage points (FY2021 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 5.43% in FY2024 (-1.53 pp), 6.96% in FY2023 (+0.91 pp), 6.05% in FY2022 (-1.63 pp) and 7.68% in FY2021.
- The Q3 2026 figure marks the highest quarterly Return on Invested Capital [ROIC] since Q3 2022.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for four straight quarters, with an average year-over-year change of +0.06 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q2 2026 (a gain of 2.20 percentage points); the worst was Q4 2022 (a drop of 4.57 percentage points).
- Per Business Quant data, GTES's Return on Invested Capital [ROIC] in the three quarters before Q3 2026 was 7.70% (Q2 2026), 6.41% (Q1 2026) and 6.38% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 16.80% |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 18.53% |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 5.47% |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 10.72% |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 13.34% |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 22.04% |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 11.23% |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 27.11% |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 26.27% |
| 10 | Gates Industrial | 6.30 Bn | 3.43 Bn | 383.30 Mn | 7.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 7.83% |
| Jun 27, 2026 | 7.70% |
| Mar 28, 2026 | 6.41% |
| Dec 31, 2025 | 6.38% |
| Sep 27, 2025 | 5.76% |
| Jun 28, 2025 | 5.50% |
| Mar 29, 2025 | 6.02% |
| Dec 28, 2024 | 5.55% |
| Sep 28, 2024 | 6.61% |
| Jun 29, 2024 | 7.17% |
| Mar 30, 2024 | 7.05% |
| Dec 30, 2023 | 6.99% |
| Sep 30, 2023 | 6.99% |
| Jul 1, 2023 | 6.27% |
| Apr 1, 2023 | 5.95% |
| Dec 31, 2022 | 6.21% |
| Oct 1, 2022 | 9.49% |
| Jul 2, 2022 | 9.64% |
| Apr 2, 2022 | 10.17% |
| Jan 1, 2022 | 10.78% |
API Access
Gates Industrial Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=GTES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=GTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();