Gates Industrial Debt-to-Equity Ratio Growth & History (GTES)
Gates Industrial's debt-to-equity ratio was 0.71 for fiscal 2025.
View full Gates Industrial company overviewGates Industrial annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.71 | −0.11 | −13.64% |
| 2024 | 2024-12-28 | 0.83 | 0.03 | +3.13% |
| 2023 | 2023-12-30 | 0.80 | −0.04 | −4.34% |
| 2022 | 2022-12-31 | 0.84 | −0.03 | −3.77% |
| 2021 | 2022-01-01 | 0.87 | −0.14 | −14.00% |
| 2020 | 2021-01-02 | 1.01 | −0.15 | −13.13% |
| 2019 | 2019-12-28 | 1.17 | −0.38 | −24.36% |
| 2018 | 2018-12-29 | 1.54 | — | — |
Gates Industrial quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-27 | 0.63 | −0.08 | −11.58% |
| Q1 2026 | 2026-03-28 | 0.66 | −0.09 | −12.24% |
| Q4 2025 | 2025-12-31 | 0.71 | −0.11 | −13.64% |
| Q3 2025 | 2025-09-27 | 0.66 | −0.10 | −13.25% |
| Q2 2025 | 2025-06-28 | 0.72 | −0.02 | −2.29% |
| Q1 2025 | 2025-03-29 | 0.75 | 0.02 | +2.40% |
| Q4 2024 | 2024-12-28 | 0.83 | 0.03 | +3.13% |
| Q3 2024 | 2024-09-28 | 0.76 | −0.03 | −3.37% |
| Q2 2024 | 2024-06-29 | 0.73 | −0.10 | −11.87% |
| Q1 2024 | 2024-03-30 | 0.74 | −0.03 | −3.39% |
| Q4 2023 | 2023-12-30 | 0.80 | −0.04 | −4.34% |
| Q3 2023 | 2023-09-30 | 0.79 | −0.06 | −6.92% |
| Q2 2023 | 2023-07-01 | 0.83 | −0.04 | −4.19% |
| Q1 2023 | 2023-04-01 | 0.76 | −0.11 | −12.27% |
| Q4 2022 | 2022-12-31 | 0.84 | −0.03 | −3.77% |
| Q3 2022 | 2022-10-01 | 0.85 | −0.00 | −0.30% |
| Q2 2022 | 2022-07-02 | 0.87 | −0.00 | −0.18% |
| Q1 2022 | 2022-04-02 | 0.87 | −0.06 | −6.85% |
| Q4 2021 | 2022-01-01 | 0.87 | −0.14 | −14.00% |
| Q3 2021 | 2021-10-02 | 0.85 | −0.29 | −25.62% |
| Q2 2021 | 2021-07-03 | 0.87 | −0.32 | −26.78% |
| Q1 2021 | 2021-04-03 | 0.93 | −0.26 | −21.61% |
| Q4 2020 | 2021-01-02 | 1.01 | −0.15 | −13.13% |
| Q3 2020 | 2020-09-26 | 1.15 | −0.05 | −4.18% |
| Q2 2020 | 2020-06-27 | 1.19 | −0.00 | −0.10% |
| Q1 2020 | 2020-03-28 | 1.19 | −0.01 | −0.78% |
| Q4 2019 | 2019-12-28 | 1.17 | −0.38 | −24.36% |
| Q3 2019 | 2019-09-28 | 1.20 | −0.35 | −22.63% |
| Q2 2019 | 2019-06-29 | 1.19 | −0.43 | −26.73% |
| Q1 2019 | 2019-03-30 | 1.20 | −0.42 | −26.03% |
| Q4 2018 | 2018-12-29 | 1.54 | −2.36 | −60.42% |
| Q3 2018 | 2018-09-29 | 1.55 | — | — |
| Q2 2018 | 2018-06-30 | 1.62 | — | — |
| Q1 2018 | 2018-03-31 | 1.62 | — | — |
| As of Dec 30, 2017 | 2017-12-30 | 3.90 | — | — |
Gates Industrial debt-to-equity ratio trends
Over the last five fiscal years, Gates Industrial's debt-to-equity ratio decreased from 1.01 to 0.71, a change of −0.30. The latest reported quarter, Q2 2026, shows 0.63.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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