Gates Industrial Corporation
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Gates Industrial Corporation's past years’ income statements indicate that its last revenue has increased compared to the previous period by 0% to $3,570,200,000. The net income raised on $232,900,000 and profit margin reached 7%. Total operating expenses were $896,300,000.
Profit Margin
| 2014 | 3.04B | -142.1M | -4.67% |
|---|---|---|---|
| 2015 | 2.74B | 24.9M | 0.91% |
| 2016 | 2.74B | 57.7M | 2.1% |
| 2017 | 3.04B | 151.3M | 4.97% |
| 2018 | 3.34B | 245.3M | 7.33% |
| 2019 | 3.08B | 690.1M | 22.35% |
| 2021 | 2.79B | 79.4M | 2.84% |
| 2022 | 3.47B | 297.1M | 8.55% |
| 2022 | 3.55B | 220.8M | 6.21% |
| 2023 | 3.57B | 232.9M | 6.52% |
GTES Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 3.57B | 3.55B | 3.47B | 2.79B | 3.08B | 3.34B | 3.04B | 2.74B | 2.74B | 3.04B |
Cost of revenue | 2.21B | 2.30B | 2.13B | 1.75B | 1.94B | 2.01B | 1.82B | 1.68B | 1.70B | 2.01B |
Gross profit | 1.35B | 1.25B | 1.33B | 1.03B | 1.14B | 1.33B | 1.21B | 1.06B | 1.03B | 1.02B |
Operating exp. | ||||||||||
Research and development | 0 | 69.4M | 70.7M | 67.2M | 67.9M | 0 | 68.6M | 0 | 67.4M | 53.8M |
Selling and marketing | 3M | 6.5M | 12M | 6.7M | 10.2M | 0 | 10.4M | 0 | 305.6M | 0 |
Total operating expenses | 896.3M | 853.9M | 843.4M | 775.9M | 786.4M | 820.1M | 779.3M | 747M | 784.1M | 810.2M |
Operating income | 462.6M | 384M | 484.1M | 211.1M | 346.8M | 496.8M | 400.4M | 298.8M | 184.6M | -400K |
Other income (expenses), net | -177.3M | -126.2M | -134.4M | -140.1M | -148M | -31.1M | -293.4M | -7.6M | -142.9M | -124.6M |
Income before tax | 285.3M | 257.8M | 349.7M | 71M | 198.8M | 303.5M | 109.5M | 92.9M | 41.7M | -125M |
Income tax expense | 28.3M | 14.9M | 18.4M | -19.3M | -495.9M | 31.8M | -72.5M | 21.1M | -9.2M | -51.9M |
Net income | 232.9M | 220.8M | 297.1M | 79.4M | 690.1M | 245.3M | 151.3M | 57.7M | 24.9M | -142.1M |
Earnings per share | ||||||||||
Basic EPS | 0.86 | 0.78 | 1.02 | 0.27 | 2.38 | 0.86 | 0.53 | 0.2 | 0.08 | -0.5 |
Diluted EPS | 0.85 | 0.77 | 1 | 0.27 | 2.37 | 0.84 | 0.53 | 0.2 | 0.08 | -0.5 |
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