GTES NYSE
Credit Risk of going bust: lower than 52% of companies Debt: 26.8% of company value Bonds: $71.3M held by 127 funds, 175 bp over Treasuries → details ▾
If the stock fell to about $0.71 (down 97%), Gates Industrial Corporation plc would be worth roughly what it owes.
Total debt $2.36B against a stock market value of $6.45B.
Distance to default 5.31 (Merton model): prices to 2026-10-26, balance sheet 2026-06-27, debt counted $1.14B (short-term plus half of long-term), stock volatility 41.2%; Altman Z 2.45. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Denver, CO 80202
US
Gates Industrial Corporation plc operates worldwide, specializing in the engineering, manufacturing, and sale of sophisticated power transmission and fluid power systems. The company is organized into two main operational units: Power Transmission and Fluid Power. The Power Transmission segment delivers a wide array of belts, including V-belts, CVT belts, and Micro-V belts, whether synchronous or asynchronous, along with essential associated components like sprockets, pulleys, water pumps, and tensioners. These solutions are integral to various platforms, from stationary and mobile drive systems to engine components, personal mobility, and vertical lifting mechanisms. This division also provides metal drive parts and complete kits for the automotive aftermarket. Through its Fluid Power segment, Gates offers comprehensive hydraulic solutions, which encompass hoses, tubing, fittings, and pre-assembled units. These products are crucial for stationary and mobile hydraulic systems, engine applications, and a broad spectrum of other industrial uses. Gates' engineered products, all marketed under the Gates brand, cater to a diverse range of industries. These include construction, agriculture, energy, automotive, transportation, recreational vehicles, consumer products, and various industrial applications such as automated manufacturing and logistics systems. The company supplies both original equipment manufacturers and customers in the replacement parts channel. Established in 1911, Gates Industrial Corporation plc maintains its headquarters in Denver, Colorado.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Zhang Peifang | S-Sale | 6,000 | $28.62 | 2026-08-06 |
| Zhang Peifang | S-Sale | 6,000 | $29.56 | 2026-08-05 |
| Zhang Peifang | S-Sale | 5,000 | $29.76 | 2026-08-04 |
| Patouhas John | M-Exempt | 3,333 | — | 2026-06-17 |
| Patouhas John | F-InKind | 960 | $27.69 | 2026-06-17 |