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GTES (Gates Industrial) Revenue : $3,442 Mil (TTM As of Sep. 2024)


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What is Gates Industrial Revenue?

Gates Industrial's revenue for the three months ended in Sep. 2024 was $831 Mil. Its revenue for the trailing twelve months (TTM) ended in Sep. 2024 was $3,442 Mil. Gates Industrial's Revenue per Share for the three months ended in Sep. 2024 was $3.15. Its Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2024 was $12.93.

Warning Sign:

Gates Industrial Corp PLC revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Gates Industrial was 0.60% per year. During the past 3 years, the average Revenue per Share Growth Rate was 10.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 3.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 10 years, Gates Industrial's highest 3-Year average Revenue per Share Growth Rate was 10.60% per year. The lowest was -3.70% per year. And the median was 4.20% per year.


Gates Industrial Revenue Historical Data

The historical data trend for Gates Industrial's Revenue 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 Revenue Chart

Gates Industrial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,087.10 2,793.00 3,474.40 3,554.20 3,570.20

Gates Industrial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Revenue 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 872.90 863.30 862.60 885.50 830.70

Competitive Comparison of Gates Industrial's Revenue

For the Specialty Industrial Machinery subindustry, Gates Industrial's Revenue, along with its competitors' market caps and Revenue 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 Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gates Industrial's Revenue distribution charts can be found below:

* The bar in red indicates where Gates Industrial's Revenue falls into.



Gates Industrial Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,442 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) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Gates Industrial Revenue Related Terms

Thank you for viewing the detailed overview of Gates Industrial's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


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. It is 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
Wilson S Neely director C/O GATES INDUSTRIAL CORPORATION PLC, 1144 FIFTEENTH STREET, SUITE 1400, DENVER CO 80202
Blackstone Inc. 10 percent owner 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
Fredrik J Eliasson director 500 WATER STREET, JACKSONVILLE FL 32202
Neil P Simpkins director C/O BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Ivo Jurek director, officer: Chief Executive Officer C/O GATES INDUSTRIAL CORPORATION PLC, 1144 FIFTEENTH STREET, SUITE 1400, DENVER CO 80202
Gwendolyn Ann Montgomery officer: SVP, Global Human Resources 33587 WALKER RD, AVON LAKE OH 44012
Seth Meisel director 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
Bx Gates Ml-5 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
Peifang Zhang director 21640 E. BRIARWOOD DR., AURORA CO 80016