Gates Industrial (GTES) Tax Provisions (2017 - 2026)
Gates Industrial (GTES) reported Tax Provisions of $16.7 million for Q3 2026, up 173.8% from $6.1 million a year earlier.
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Analysis
Gates Industrial (GTES) Tax Provisions (2017 - 2026) Analysis & Trends
Over the twelve months ended Sep 26, 2026, Gates Industrial's Tax Provisions came in at -$34.8 million; for FY2025, it came in at $63.1 million, down 41.3% from FY2024.
- Tax Provisions has a four-year compound annual growth rate of 36.1% (FY2021 to FY2025).
- By year, Tax Provisions came in at $107.5 million in FY2024 (+279.9%), $28.3 million in FY2023 (+89.9%), $14.9 million in FY2022 (-19.0%) and $18.4 million in FY2021.
- The Q3 2026 figure ranks as the highest quarterly Tax Provisions since Q2 2025.
- Year over year, Tax Provisions gained in two of the last six quarters, with growth averaging 0.8%.
- The high point for year-over-year Tax Provisions in five years was Q3 2026 (growth of 173.8%); the low point was Q3 2023 (a decline of 91.2%).
- Per Business Quant data, the three quarters before Q3 2026 came in at -$78 million (Q2 2026), $11.5 million (Q1 2026) and $15 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 968.00 Mn |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 774.50 Mn |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 529.00 Mn |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 291.00 Mn |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 253.00 Mn |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 261.00 Mn |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 254.00 Mn |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 276.00 Mn |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 230.30 Mn |
| 10 | Gates Industrial | 6.30 Bn | 3.43 Bn | 383.30 Mn | 16.70 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 16.70 Mn |
| Jun 27, 2026 | -78.00 Mn |
| Mar 28, 2026 | 11.50 Mn |
| Dec 31, 2025 | 15.00 Mn |
| Sep 27, 2025 | 6.10 Mn |
| Jun 28, 2025 | 16.80 Mn |
| Mar 29, 2025 | 25.20 Mn |
| Dec 28, 2024 | 46.70 Mn |
| Sep 28, 2024 | 14.00 Mn |
| Jun 29, 2024 | 12.30 Mn |
| Mar 30, 2024 | 34.50 Mn |
| Dec 30, 2023 | 2.40 Mn |
| Sep 30, 2023 | 1.00 Mn |
| Jul 1, 2023 | 9.60 Mn |
| Apr 1, 2023 | 15.30 Mn |
| Dec 31, 2022 | -6.60 Mn |
| Oct 1, 2022 | 11.40 Mn |
| Jul 2, 2022 | 12.30 Mn |
| Apr 2, 2022 | -2.20 Mn |
| Jan 1, 2022 | 49.90 Mn |
API Access
Gates Industrial Tax Provisions 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=tax-provisions&ticker=GTES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=GTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();