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Gates Industrial (Gates Industrial) Pre-Tax Income : $285 Mil (TTM As of Dec. 2023)


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What is Gates Industrial Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Gates Industrial's pretax income for the three months ended in Dec. 2023 was $72 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $285 Mil. Gates Industrial's pretax margin was 8.29%.

During the past 10 years, Gates Industrial's highest Pretax Margin was 10.07%. The lowest was -4.11%. And the median was 5.02%.


Gates Industrial Pre-Tax Income Historical Data

The historical data trend for Gates Industrial's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gates Industrial Pre-Tax Income Chart

Gates Industrial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 198.80 71.00 349.70 257.80 285.30

Gates Industrial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 83.60 46.20 80.90 86.60 71.60

Competitive Comparison of Gates Industrial's Pre-Tax Income

For the Specialty Industrial Machinery subindustry, Gates Industrial's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gates Industrial's Pre-Tax Income Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gates Industrial's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Gates Industrial's Pre-Tax Income falls into.



Gates Industrial Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Gates Industrial's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=479.5+-48.5+-154.1+17.5+-9.1
=285

Gates Industrial's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=122.5+-20.8+-36+8.3+-2.4
=72

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $285 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gates Industrial  (NYSE:GTES) Pre-Tax Income Explanation

Gates Industrial's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=71.6/863.3
=8.29%

During the past 10 years, Gates Industrial's highest Pretax Margin was 10.07%. The lowest was -4.11%. And the median was 5.02%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gates Industrial Pre-Tax Income Related Terms

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Gates Industrial (Gates Industrial) Business Description

Traded in Other Exchanges
Address
1144 Fifteenth Street, Denver, CO, USA, 80202
Gates Industrial Corp PLC is a manufacturer of engineered power transmission and fluid power solutions. The company has two operating segments; Power Transmission and Fluid Power segments. The Power Transmission solutions convey power and control motion. They are used in applications in which belts, chains, cables, geared transmissions, or direct drives transfer power from an engine or motor to another part or system. The Fluid power solutions are used in applications in which hoses and rigid tubing assemblies either transfer power hydraulically or convey fluids, gases, or granular materials from one location to another. The company generates key revenue from the Power Transmission segment.
Executives
Omaha Aggregator (cayman) L.p. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
Bx Gates Ml-1 Holdco Llc 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Inc. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Gwendolyn Ann Montgomery officer: SVP, Global Human Resources 33587 WALKER RD, AVON LAKE OH 44012
Fredrik J Eliasson director 500 WATER STREET, JACKSONVILLE FL 32202
Seth Meisel director C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Wilson S Neely director C/O GATES INDUSTRIAL CORPORATION PLC, 1144 FIFTEENTH STREET, SUITE 1400, DENVER CO 80202
Bx Gates Ml-5 Holdco Llc 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bx Gates Ml-4 Holdco Llc 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bx Gates Ml-3 Holdco Llc 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bx Gates Ml-2 Holdco Llc 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Alicia L. Tillman director C/O GATES INDUSTRIAL CORPORATION PLC, 1144 FIFTEENTH STREET, SUITE 1400, DENVER CO 80202
Thomas G. Pitstick officer: CMO & SVP Strategic Planning C/O GATES INDUSTRIAL CORPORATION PLC, 1144 FIFTEENTH STREET, SUITE 1400, DENVER CO 80202
Peifang Zhang director 21640 E. BRIARWOOD DR., AURORA CO 80016
James W Ireland director C/O GATES INTERNATIONAL CORPORATION PLC, 1144 15TH STREET, SUITE 1400, DENVER CO 80202