Gates Industrial (GTES) Tax Rate (2017 - 2026)
Gates Industrial's Tax Rate was 15.42% in Q3 2026, up 8.99 percentage points from 6.43% a year earlier.
Powered by 
Analysis
Gates Industrial (GTES) Tax Rate (2017 - 2026) Analysis & Trends
For FY2025, Tax Rate at Gates Industrial came in at 18.55%, down 14.23 percentage points from FY2024.
- Tax Rate shows a four-year change of +13.29 percentage points (FY2021 to FY2025).
- In earlier years, Tax Rate was 32.77% in FY2024 (+22.86 pp), 9.92% in FY2023 (+4.14 pp), 5.78% in FY2022 (+0.52 pp) and 5.26% in FY2021.
- Quarterly Tax Rate has moved between 1.15% (Q3 2023) and 53.13% (Q4 2024) over five years.
- Compared with a year earlier, Tax Rate was higher in three of the last seven quarters, with an average year-over-year change of -1.12 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q4 2024 (a gain of 49.78 percentage points); the worst was Q4 2025 (a drop of 32.12 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 22.94% |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 27.38% |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 21.24% |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 22.25% |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 15.63% |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 25.27% |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 24.40% |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 23.15% |
| 10 | Gates Industrial | 6.30 Bn | 3.43 Bn | 383.30 Mn | 15.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 15.42% |
| Mar 28, 2026 | 14.76% |
| Dec 31, 2025 | 21.01% |
| Sep 27, 2025 | 6.43% |
| Jun 28, 2025 | 20.95% |
| Mar 29, 2025 | 26.87% |
| Dec 28, 2024 | 53.13% |
| Sep 28, 2024 | 20.23% |
| Jun 29, 2024 | 13.64% |
| Mar 30, 2024 | 42.75% |
| Dec 30, 2023 | 3.35% |
| Sep 30, 2023 | 1.15% |
| Jul 1, 2023 | 11.87% |
| Apr 1, 2023 | 33.12% |
| Oct 1, 2022 | 16.91% |
| Jul 2, 2022 | 17.18% |
| Jan 1, 2022 | 15.43% |
| Oct 2, 2021 | 18.12% |
| Jul 3, 2021 | 9.91% |
| Apr 3, 2021 | 19.81% |
API Access
Gates Industrial Tax Rate 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-rate&ticker=GTES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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-rate&ticker=GTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();