Gates Industrial Quarterly Balance Sheet
NYSE: GTESIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Gates Industrial financial position
As of Jun 27, 2026, Gates Industrial reported total assets of $7.39 billion, up 2.4% from a year earlier against total liabilities of $3.50 billion. Shareholders' equity stood at $3.52 billion, or 47.6% of assets. The company held $823.5 million in cash and equivalents against $2.23 billion of debt, a net debt position of $1.41 billion.
The current ratio (current assets divided by current liabilities) was 3.24, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.63.
Summary generated from market data by MetaCap's automated system. Methodology
Gates Industrial balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-27 | Q1 20262026-03-28 | Q4 20252025-12-31 | Q3 20252025-09-27 | Q2 20252025-06-28 | Q1 20252025-03-29 | Q4 20242024-12-28 | Q3 20242024-09-28 | Q2 20242024-06-29 | Q1 20242024-03-30 | Q4 20232023-12-30 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 823.50M | 785.30M | 812.10M | 689.40M | 719.70M | 640.20M | 682.00M | 574.40M | 579.70M | 522.20M | 720.60M | 556.80M |
| Receivables | 900.30M | 799.60M | 744.20M | 833.30M | 826.30M | 786.20M | 722.70M | 811.80M | 807.50M | 797.70M | 768.20M | 821.90M |
| Inventory | 740.60M | 685.70M | 700.00M | 718.10M | 729.00M | 700.70M | 676.00M | 724.60M | 696.50M | 677.20M | 647.20M | 646.10M |
| Total Current Assets | 2.71B | 2.49B | 2.48B | 2.48B | 2.52B | 2.37B | 2.31B | 2.40B | 2.38B | 2.29B | 2.40B | 2.32B |
| Property, Plant & Equipment | 599.40M | 599.50M | 609.00M | 609.30M | 609.20M | 583.50M | 579.50M | 605.00M | 599.60M | 619.20M | 630.00M | 615.70M |
| Goodwill | 2.02B | 2.02B | 2.04B | 2.02B | 2.02B | 1.93B | 1.91B | 2.00B | 1.97B | 2.01B | 2.04B | 1.98B |
| Intangible Assets | 1.12B | 1.16B | 1.19B | 1.21B | 1.23B | 1.23B | 1.25B | 1.29B | 1.31B | 1.35B | 1.39B | 1.40B |
| Total Assets | 7.39B | 7.12B | 7.15B | 7.15B | 7.22B | 6.89B | 6.79B | 7.12B | 7.03B | 7.05B | 7.25B | 7.11B |
| Accounts Payable | 482.40M | 396.90M | 433.70M | 385.30M | 411.30M | 417.00M | 408.20M | 427.50M | 441.30M | 451.40M | 457.70M | 441.10M |
| Short-Term Debt | 39.20M | 30.90M | 36.20M | 30.50M | 39.80M | 31.60M | 39.10M | 36.20M | 21.80M | 27.90M | 36.50M | 27.70M |
| Total Current Liabilities | 835.10M | 678.50M | 735.40M | 705.40M | 729.30M | 710.40M | 721.50M | 795.60M | 763.40M | 747.90M | 779.30M | 780.40M |
| Long-Term Debt | 2.19B | 2.20B | 2.20B | 2.20B | 2.30B | 2.31B | 2.31B | 2.34B | 2.31B | 2.31B | 2.42B | 2.42B |
| Total Liabilities | 3.50B | 3.39B | 3.46B | 3.43B | 3.61B | 3.46B | 3.45B | 3.66B | 3.54B | 3.55B | 3.71B | 3.70B |
| Shareholders' Equity | 3.52B | 3.37B | 3.33B | 3.37B | 3.27B | 3.10B | 3.02B | 3.11B | 3.18B | 3.18B | 3.22B | 3.09B |
| Retained Earnings | 1.81B | 1.67B | 1.65B | 1.67B | 1.59B | 1.54B | 1.48B | 1.57B | 1.52B | 1.45B | 1.46B | 1.40B |
| Total Debt | 2.23B | 2.23B | 2.23B | 2.23B | 2.34B | 2.34B | 2.35B | 2.38B | 2.33B | 2.34B | 2.45B | 2.45B |
| Net Cash (Debt) | -1.41B | -1.44B | -1.42B | -1.55B | -1.63B | -1.70B | -1.67B | -1.80B | -1.75B | -1.82B | -1.73B | -1.89B |
| Shares Outstanding | 253.15M | 253.86M | 253.54M | 258.25M | 257.45M | 257.46M | 255.20M | 254.70M | 261.60M | 261.24M | 264.26M | 264.09M |
This table shows 12 quarterly periods of Gates Industrial's balance sheet, from Q2 2026 back to Q3 2023, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow GTES's reporting calendar. What is a balance sheet?