Gates Industrial profit margin GTES
Gross, operating and net profit as a share of revenue over the last twelve months, from 2017.
- Net margin, 12 months
- 10.4%
- Operating margin, 12 months
- 13.3%
- Net margin on a year earlier
- +4.4 pts
- Peer median
- 8.1%
Over the twelve months to Jun 27, 2026, Gates Industrial kept 10.4% of its revenue as net profit, with an operating margin of 13.3% and a gross margin of 39.7%.
Five years earlier its net margin was 7.0%.
The median for 10 industrial machinery stocks of a similar size is 8.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 7.3% | 13.5% | 39.8% |
| FY2024 | 5.7% | 14.0% | 39.9% |
| FY2023 | 6.5% | 13.0% | 38.1% |
| FY2022 | 6.2% | 10.8% | 35.2% |
| FY2021 | 8.6% | 13.9% | 38.5% |
| FY2020 | 2.8% | 7.6% | 37.0% |
| FY2019 | 22.4% | 11.2% | 37.0% |
| FY2018 | 7.3% | 14.8% | 39.7% |
| FY2017 | 5.0% | 13.2% | 40.0% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 10.4% | +4.4 pts | 13.3% | |
| Q1 FY26 | 7.2% | +0.8 pts | 13.0% | |
| Q4 FY25 | 7.3% | +1.6 pts | 13.5% | |
| Q3 FY25 | 6.9% | +0.5 pts | 13.7% | |
| Q2 FY25 | 6.0% | −1.3 pts | 13.9% | |
| Q1 FY25 | 6.4% | −0.6 pts | 14.4% | |
| Q4 FY24 | 5.7% | −0.8 pts | 14.0% | |
| Q3 FY24 | 6.4% | −0.7 pts | 14.1% | |
| Q2 FY24 | 7.2% | +0.9 pts | 14.2% | |
| Q1 FY24 | 7.0% | +0.9 pts | 13.9% | |
| Q4 FY23 | 6.5% | +0.3 pts | 13.0% | |
| Q3 FY23 | 7.1% | +1.4 pts | 12.3% |
Against its peers
Companies in Industrial - Machinery nearest Gates Industrial's size, closest first, today.
| Company | Profit margin |
|---|---|
| GTESGates Industrial | 10.4% |
| ENSEnerSys | 9.3% |
| TEXTerex | 2.2% |
| AAONAaon | 8.2% |
| JBTMJBT MAREL | 4.9% |
| POWLPowell Industries | 16.5% |
| NOVTNovanta | 6.0% |
| TKRTimken | 5.4% |
| SPXCSPX Technologies | 11.3% |
| ZWSZurn Elkay Water Solutions | 15.5% |
| FLSFlowserve | 8.0% |
| Peer median | 8.1% |
Where Gates Industrial ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Gates Industrial
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.