← Gates Industrial Corp plc
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | $2.7b | $3.0b | $3.3b | $3.1b | $2.8b | $3.5b | $3.6b | $3.4b | $3.4b | — | |
| Operating Revenue | $2.7b | $3.0b | $3.3b | $3.1b | $2.8b | $3.6b | $3.6b | $3.4b | $3.4b | $2.8b | |
| Total Revenue | $2.7b | $3.0b | $3.3b | $3.1b | $2.8b | $3.6b | $3.6b | $3.4b | $3.4b | $2.8b | |
| Cost of Goods and Services Sold | $1.7b | $1.8b | $2.0b | $1.9b | $1.8b | $2.1b | $2.2b | $2.0b | $2.1b | $1.8b | |
| Cost of sales | $1.7b | $1.8b | $2.0b | $1.9b | $1.8b | $2.1b | $2.2b | $2.0b | $2.1b | $1.8b | |
| Gross profit | $1.1b | $1.2b | $1.3b | $1.1b | $1.0b | $1.3b | $1.4b | $1.4b | $1.4b | — | |
| Gross Profit (derived) | $1.1b | $1.2b | $1.3b | $1.1b | $1.0b | $1.4b | $1.4b | $1.4b | $1.4b | $1.0b | |
| Other operating expenses | $2.8m | ($300k) | $14.3m | $9.1m | ($1.0m) | ($9.3m) | $200k | $0 | $0 | — | |
| EBIT | $305.3m | $402.9m | $496.8m | $346.8m | $211.1m | $397.2m | $448.5m | $460.7m | $458.4m | ||
| Operating Income | $305.3m | $402.9m | $496.8m | $346.8m | $211.1m | $396.7m | $474.0m | $482.0m | $495.6m | — | |
| Operating Income (Loss) | — | — | — | — | — | — | — | — | — | $211.1m | |
| Total Operating Income As Reported | $305.3m | $402.9m | $496.8m | $346.8m | $211.1m | $384.0m | $460.1m | $472.2m | $465.3m | — | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | — | — | — | — | — | — | — | — | — | $129.3m | |
| Asset impairments | — | — | $600k | $700k | $5.2m | $600k | $100k | $0 | $3.5m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | — | — | — | — | ($46.9m) | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | — | $0 | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | — | — | — | — | — | $0 | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | — | — | — | — | — | — | $0 | |
| Income from continuing operations before taxes | $93.0m | $109.5m | $303.5m | $198.8m | $71.0m | $349.7m | $285.3m | $328.0m | $340.2m | — | |
| Less: non-controlling interests | $26.6m | $31.4m | $25.8m | $4.0m | $10.6m | $34.2m | $23.5m | $25.0m | $24.9m | — | |
| Loss on deconsolidation of Russian Subsidiary | — | — | — | — | — | $0 | $0 | $12.7m | $0 | — | |
| Loss on disposal of discontinued operations, net of tax, respectively, of $0, $0 and $0 | ($12.4m) | ($700k) | $600k | $600k | $300k | $0 | $600k | $600k | $800k | — | |
| Net income from continuing operations | $71.9m | $182.0m | $271.7m | $694.7m | $90.3m | $331.3m | $257.0m | $220.5m | $277.1m | — | |
| Operating income from continuing operations | $305.3m | $402.9m | $496.8m | $346.8m | $211.1m | $484.1m | $462.6m | $478.7m | $465.3m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | — | — | — | — | $71.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | — | $90.3m | |
| Net Income Common Stockholders | $71.9m | $182.0m | $271.7m | $694.7m | $90.3m | $220.8m | $232.9m | $194.9m | $251.4m | — | |
| Net income | $84.3m | $182.7m | $271.1m | $694.1m | $90.0m | $331.3m | $256.4m | $219.9m | $276.3m | — | |
| Net income attributable to shareholders | $57.7m | $151.3m | $245.3m | $690.1m | $79.4m | $297.1m | $232.9m | $194.9m | $251.4m | — | |
| Net Income (Loss) Attributable to Parent | — | — | — | — | — | — | — | — | — | $79.4m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | — | $10.6m | |
| Earnings per share | |||||||||||
| Earnings Per Share, Basic | — | — | — | — | — | — | — | — | — | $0.27 | |
| Earnings Per Share, Diluted | — | — | — | — | — | — | — | — | — | $0.27 | |
| Earnings per share from continuing operations (in usd per share) | $0.18 | $0.60 | $0.84 | $2.37 | $0.27 | $1.00 | $0.84 | $0.74 | $0.96 | — | |
| Earnings per share from discontinued operations (in usd per share) | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | — | — | — | — | — | — | 292.1m | |
| Business Combination, Acquisition Related Costs | — | — | — | — | — | — | — | — | — | $5.2m | |
| Current Income Tax Expense (Benefit) | — | — | — | — | — | — | — | — | — | $28.4m | |
| Income tax expense | $21.1m | ($72.5m) | $31.8m | ($495.9m) | ($19.3m) | $18.4m | $28.3m | $107.5m | $63.1m | — | |
| Interest Expense | — | — | — | — | — | — | — | — | — | $154.3m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | — | — | |
| Interest expense | $216.3m | $234.6m | $175.9m | $157.8m | $154.3m | $133.5m | $163.2m | $155.8m | $125.9m | — | |
| Operating Lease, Expense | — | — | — | — | — | — | — | — | — | $29.9m | |
| Other (income) expenses | ($4.0m) | $58.8m | $17.4m | ($9.8m) | ($14.2m) | $900k | $14.1m | ($17.8m) | ($800k) | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | — | — | $14.2m | |
| Research and Development Expense | — | — | — | — | — | — | — | — | — | $67.2m | |
| Restructuring expenses | $11.4m | $17.4m | $6.4m | $6.0m | $37.3m | $7.4m | $11.6m | $6.5m | $26.3m | — | |
| Selling, General and Administrative Expense | — | — | — | — | — | — | — | — | — | $776.9m | |
| Selling, general and administrative expenses | $737.7m | $777.1m | $805.8m | $777.3m | $776.9m | $852.7m | $882.2m | $870.0m | $876.1m | — | |
| Transaction-related expenses | $400k | $18.1m | $6.7m | $2.6m | $5.2m | $3.7m | $2.2m | $3.3m | $500k | — | |
| Income Tax Expense (Benefit) | — | — | — | — | — | — | — | — | — | ($19.3m) | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | — | — | — | $1.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.