earnings
confidence high
sentiment positive
materiality 0.75
Gates Industrial Q3 net sales $855.7M (+3% YoY); adj. EPS $0.39; raises FY guidance; $300M buyback
Gates Industrial Corp plc
2025-Q3 EPS reported
$0.77
revenue$2,587,000,000
- Net sales $855.7M (+3.0% YoY), core sales +1.7%. Net income $81.6M ($0.31 diluted EPS); adjusted EPS $0.39.
- Adjusted EBITDA $195.8M (22.9% margin, +90 bps YoY). Net income margin 10.4% (+370 bps).
- Power Transmission sales $533.3M (+3.9%), Fluid Power $322.4M (+1.6%). Both segments expanded margins.
- Raising 2025 adjusted EPS guidance to $1.48–$1.52; new $300M share repurchase authorization through Dec 2026.
- Paid down $100M gross debt in Q3; balance sheet continues to improve.