📈 Net Income History (16 Quarters)
🧮 GTES Net Income Breakdown
Understanding Net Income
Net income, also called the "bottom line" or net profit, is the money a company keeps after paying all expenses including cost of goods, operating costs, interest, and taxes. For GTES, the trailing twelve month net income is $363.5M.
Why Net Income Matters
Net income is the ultimate measure of accounting profitability. It determines earnings per share (EPS), affects stock valuations through the P/E ratio, and represents the theoretical amount available to shareholders. However, net income can be influenced by accounting choices, which is why value investors often look at cash flow metrics alongside it.
GTES's net income growth rate of 12.25% (based on log-linear regression of 16 quarters) indicates strong profit growth above market averages.
Net Income vs Cash Flow Metrics
Free Cash Flow: $428.6M →
Actual cash generated after capital expenditures. FCF often differs from net income due to depreciation, working capital changes, and capex timing.
Owner Earnings: $428.6M →
Buffett's preferred metric that adds back depreciation but subtracts maintenance capex. Often considered more accurate than net income.
EPS (Diluted): $1.40 →
Net income divided by diluted shares outstanding. The primary driver of the P/E ratio used in valuations.
Revenue: $3.5B →
The top line that net income is derived from. Net margin shows what percentage of revenue becomes profit.
P/E Ratio Analysis
GTES's P/E ratio of 18.5x means investors pay $18.48 for every $1 of annual earnings. A P/E between 15-25 is average for the market, reflecting moderate growth expectations.
Net Margin: Profitability Efficiency
Net margin of 10.37% shows what percentage of GTES's revenue converts to profit after all costs. Net margins between 10-20% are solid and typical of well-managed businesses.
Summary: GTES Net Income Trend
Gates Industrial Corporation Ltd. (GTES) has a net margin of 10.37%, which Zyberno classifies as acceptable for a Technology company — within the 5–12% range Zyberno considers typical for technology businesses where software margins, tax efficiency, and scalability drive net profitability. Net income grew at 12.25% annually — above the 10% threshold Zyberno considers healthy growth above market averages. For complete financial analysis, view the full GTES stock report on Zyberno.
Frequently Asked Questions
What is GTES's current net income?
Gates Industrial Corporation Ltd.'s TTM net income is $363.5M, growing at 12.25% annually — above the 10% threshold Zyberno considers healthy growth above market averages.
Is GTES's net income growing?
Gates Industrial Corporation Ltd. (GTES) has a net margin of 10.37%, which Zyberno classifies as acceptable for a Technology company — within the 5–12% range Zyberno considers typical for technology businesses where software margins, tax efficiency, and scalability drive net profitability. Net income grew at 12.25% annually — above the 10% threshold Zyberno considers healthy growth above market averages.
What is GTES's net profit margin?
Gates Industrial Corporation Ltd. (GTES) has a net margin of 10.37%, which Zyberno classifies as acceptable for a Technology company — within the 5–12% range Zyberno considers typical for technology businesses where software margins, tax efficiency, and scalability drive net profitability. Net income grew at 12.25% annually — above the 10% threshold Zyberno considers healthy growth above market averages.
What is GTES's P/E ratio?
GTES's P/E ratio is 18.5x, meaning the market values the company at 18.5 times its annual earnings.
How does net income differ from free cash flow?
Net income is an accounting measure that includes non-cash items like depreciation, while free cash flow shows actual cash generated. GTES's net income is $363.5M versus free cash flow of $428.6M. Large differences often indicate significant capital expenditures or working capital changes.
📊 Full GTES Stock Report →
See GTES's intrinsic value, margin of safety, DCF valuation, and complete financial analysis with 250+ metrics.
💵 GTES Free Cash Flow →
Compare to Free Cash Flow which subtracts all capital expenditures, not just maintenance CapEx.
💰 GTES Owner Earnings →
Compare to Buffett's Owner Earnings metric which uses maintenance CapEx instead of total capital expenditures.
📈 GTES Earnings Per Share →
Analyze EPS trends, P/E ratio, earnings yield, and per-share profitability metrics.
🎯 GTES Earnings Surprise (SUE) →
See whether GTES is beating or missing its own earnings trend — Standardized Unexpected Earnings and post-earnings drift.
📊 GTES Revenue →
Analyze revenue trends, growth rate, P/S ratio, and top-line sales performance.
💰 GTES Net Income →
Analyze the bottom-line profit, P/E ratio, and net profit margin trends.
🔶 GTES Operating Income →
Analyze EBIT, operating margin, and core business profitability before interest and taxes.
💜 GTES Gross Profit →
Analyze gross margin, pricing power, and profitability before operating expenses.