Gates Industrial (GTES) Total Debt (2016 - 2026)
Gates Industrial's Total Debt came in at $2.22 billion for Q3 2026, down 0.6% from $2.23 billion a year earlier and down 0.6% from the prior quarter.
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Analysis
Gates Industrial (GTES) Total Debt (2016 - 2026) Analysis & Trends
At the end of FY2025, Gates Industrial's Total Debt was $2.23 billion, down 5.0% from FY2024.
- Total Debt has declined in each of the last four years, with a four-year compound annual growth rate of -3.4% (FY2021 to FY2025).
- Going back by year, Total Debt was $2.35 billion in FY2024 (-4.1%), $2.45 billion in FY2023 (-0.5%), $2.46 billion in FY2022 (-4.0%) and $2.56 billion in FY2021.
- The Q3 2026 figure represents the lowest quarterly Total Debt in data going back to Q4 2017.
- Year-over-year, Total Debt has declined for five consecutive quarters, with an average decline of 3.1% over the last eight quarters.
- The fastest year-over-year change in Total Debt over five years came in Q2 2025 (growth of 0.5%), and the weakest in Q2 2024 (a decline of 8.8%).
- Business Quant data shows GTES's Total Debt at $2.23 billion (Q2 2026), $2.23 billion (Q1 2026) and $2.23 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 45.20 Bn |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 17.87 Bn |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 57.74 Bn |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 20.11 Bn |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 17.48 Bn |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 15.00 Bn |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 12.18 Bn |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 9.37 Bn |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 2.93 Bn |
| 10 | Gates Industrial | 6.30 Bn | 3.43 Bn | 383.30 Mn | 2.22 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 2.22 Bn |
| Jun 27, 2026 | 2.23 Bn |
| Mar 28, 2026 | 2.23 Bn |
| Dec 31, 2025 | 2.23 Bn |
| Sep 27, 2025 | 2.23 Bn |
| Jun 28, 2025 | 2.34 Bn |
| Mar 29, 2025 | 2.34 Bn |
| Dec 28, 2024 | 2.35 Bn |
| Sep 28, 2024 | 2.38 Bn |
| Jun 29, 2024 | 2.33 Bn |
| Mar 30, 2024 | 2.34 Bn |
| Dec 30, 2023 | 2.45 Bn |
| Sep 30, 2023 | 2.45 Bn |
| Jul 1, 2023 | 2.56 Bn |
| Apr 1, 2023 | 2.45 Bn |
| Dec 31, 2022 | 2.46 Bn |
| Oct 1, 2022 | 2.50 Bn |
| Jul 2, 2022 | 2.57 Bn |
| Apr 2, 2022 | 2.60 Bn |
| Jan 1, 2022 | 2.56 Bn |
API Access
Gates Industrial Total Debt 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=total-debt&ticker=GTES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=GTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();