Gates Industrial price to free cash flow GTES
Market value divided by free cash flow over the last twelve months, since 2019.
- Today, Oct 23, 2026
- 15.7×
- 8-year median
- 15.9×
- Against its 8-year history
- 47th
- percentile: 0 is its lowest day, 100 its highest
- 8-year range
- 6.1× to 35.8×
- Peer median
- 21.2×
Gates Industrial's price to free cash flow is 15.7× as of Oct 23, 2026.
That is below its 8-year median of 15.9×, close to the middle of its last 8 years.
Over that time it ranged from 6.1× in Oct 2023 to 35.8× in Feb 2023.
The median for 10 industrial machinery stocks of a similar size is 21.2×.
Price to free cash flow over time
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 15.7× | 13.6× | 21.5× |
| 2025 | 17.6× | 13.6× | 20.2× |
| 2024 | 17.8× | 7.2× | 19.4× |
| 2023 | 7.4× | 6.1× | 35.8× |
| 2022 | 30.0× | 12.2× | 31.3× |
| 2021 | 14.5× | 14.1× | 28.9× |
| 2020 | 13.7× | 6.5× | 16.5× |
| 2019 | 16.4× | 12.4× | 32.4× |
Against its peers
Companies in Industrial - Machinery nearest Gates Industrial's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| GTESGates Industrial | 15.7× |
| ENSEnerSys | 8.4× |
| TEXTerex | n/m |
| AAONAaon | n/m |
| JBTMJBT MAREL | 18.2× |
| POWLPowell Industries | 22.5× |
| NOVTNovanta | 46.6× |
| TKRTimken | 19.7× |
| SPXCSPX Technologies | 26.5× |
| ZWSZurn Elkay Water Solutions | 21.3× |
| FLSFlowserve | 21.1× |
| Peer median | 21.2× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Gates Industrial
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.