Gates Industrial Corporation plc (GTES)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 478,700 | 486,400 | 499,100 | 492,000 | 462,600 | 441,400 | 419,300 | 402,900 | 384,000 | 360,800 | 387,500 | 423,900 | 484,100 | 493,600 | 427,000 | 281,300 | 211,100 | 193,700 | 206,500 | 305,000 |
| Revenue (ttm) | US$ in thousands | 3,408,200 | 3,442,100 | 3,484,300 | 3,535,100 | 3,570,200 | 3,600,200 | 3,588,000 | 3,558,500 | 3,554,200 | 3,476,500 | 3,478,200 | 3,486,500 | 3,474,400 | 3,453,000 | 3,302,800 | 2,964,200 | 2,793,000 | 2,724,500 | 2,758,900 | 2,992,300 |
| Operating profit margin | 14.05% | 14.13% | 14.32% | 13.92% | 12.96% | 12.26% | 11.69% | 11.32% | 10.80% | 10.38% | 11.14% | 12.16% | 13.93% | 14.29% | 12.93% | 9.49% | 7.56% | 7.11% | 7.48% | 10.19% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $478,700K ÷ $3,408,200K
= 14.05%
The operating profit margin of Gates Industrial Corporation plc has shown fluctuations over the periods from March 31, 2020, to December 31, 2024. Initially starting at 10.19% in March 2020, the operating profit margin decreased to 7.11% by September 30, 2020. However, there was a slight increase to 7.56% by the end of December 2020.
Subsequently, the operating profit margin displayed a positive trend, reaching 14.29% by September 30, 2021. Thereafter, it saw minor fluctuations but generally maintained an upward trajectory, peaking at 14.32% by June 30, 2024. The margin experienced a slight decline to 14.05% by the end of December 2024.
Overall, the operating profit margin of Gates Industrial Corporation plc demonstrated variability over the analyzed periods but generally exhibited an improving trend, indicating effective cost management and operational efficiency during the given time frame.
Peer comparison
Dec 31, 2024