Gates Operating Income vs Profit Margin Analysis

GTES Stock  USD 17.18  0.09  0.52%   
Gates Industrial financial indicator trend analysis is much more than just examining Gates Industrial latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Gates Industrial is a good investment. Please check the relationship between Gates Industrial Operating Income and its Net Profit Margin accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gates Industrial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Gates Stock please use our How to Invest in Gates Industrial guide.

Operating Income vs Net Profit Margin

Operating Income vs Profit Margin Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Gates Industrial Operating Income account and Profit Margin. At this time, the significance of the direction appears to have very week relationship.
The correlation between Gates Industrial's Operating Income and Profit Margin is 0.28. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Profit Margin in the same time period over historical financial statements of Gates Industrial, assuming nothing else is changed. The correlation between historical values of Gates Industrial's Operating Income and Profit Margin is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Gates Industrial are associated (or correlated) with its Profit Margin. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Profit Margin has no effect on the direction of Operating Income i.e., Gates Industrial's Operating Income and Profit Margin go up and down completely randomly.

Correlation Coefficient

0.28
Relationship DirectionPositive 
Relationship StrengthVery Weak

Operating Income

Operating Income is the amount of profit realized from Gates Industrial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Gates Industrial is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Profit Margin

The percentage of revenue left after all expenses have been deducted from sales. The measure is calculated by dividing net profit by revenue.
Most indicators from Gates Industrial's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Gates Industrial current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gates Industrial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Gates Stock please use our How to Invest in Gates Industrial guide.At this time, Gates Industrial's Tax Provision is comparatively stable compared to the past year. Selling General Administrative is likely to gain to about 890.5 M in 2024, whereas Discontinued Operations is likely to drop (483 K) in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense133.5M139.4M163.2M135.9M
Depreciation And Amortization233.4M243.1M217.5M195.4M

Gates Industrial fundamental ratios Correlations

-0.570.55-0.17-0.52-0.420.52-0.55-0.430.10.54-0.41-0.53-0.58-0.250.36-0.350.53-0.58-0.65-0.6-0.250.510.55-0.45-0.41
-0.57-0.880.530.870.88-0.810.920.93-0.18-0.880.880.830.80.62-0.860.88-0.890.790.780.750.74-0.87-0.870.810.78
0.55-0.88-0.29-0.89-0.960.94-0.99-0.860.080.99-0.94-0.91-0.78-0.280.84-0.871.0-0.78-0.91-0.52-0.880.991.0-0.96-0.91
-0.170.53-0.290.440.43-0.420.430.31-0.66-0.350.530.330.540.31-0.610.62-0.320.540.270.170.16-0.33-0.330.250.35
-0.520.87-0.890.440.89-0.910.910.76-0.3-0.910.90.980.860.23-0.740.83-0.890.860.870.560.76-0.88-0.90.840.93
-0.420.88-0.960.430.89-0.950.980.88-0.1-0.980.990.910.820.27-0.910.95-0.970.820.870.440.93-0.97-0.970.970.91
0.52-0.810.94-0.42-0.91-0.95-0.96-0.750.160.96-0.95-0.93-0.87-0.070.79-0.860.94-0.87-0.95-0.39-0.810.950.96-0.94-0.94
-0.550.92-0.990.430.910.98-0.960.87-0.14-0.990.970.920.840.31-0.890.92-0.990.840.910.530.86-0.99-0.990.950.91
-0.430.93-0.860.310.760.88-0.750.870.12-0.850.840.770.670.62-0.830.84-0.870.670.740.690.87-0.84-0.840.840.71
0.1-0.180.08-0.66-0.3-0.10.16-0.140.120.09-0.19-0.18-0.14-0.030.15-0.220.09-0.14-0.1-0.10.170.10.110.04-0.25
0.54-0.880.99-0.35-0.91-0.980.96-0.99-0.850.09-0.96-0.93-0.85-0.230.87-0.90.99-0.85-0.92-0.48-0.890.990.99-0.97-0.91
-0.410.88-0.940.530.90.99-0.950.970.84-0.19-0.960.90.850.24-0.920.97-0.950.850.850.390.89-0.96-0.950.940.9
-0.530.83-0.910.330.980.91-0.930.920.77-0.18-0.930.90.860.14-0.710.81-0.90.860.920.490.83-0.9-0.920.880.93
-0.580.8-0.780.540.860.82-0.870.840.67-0.14-0.850.850.860.12-0.780.82-0.781.00.820.390.66-0.79-0.810.790.74
-0.250.62-0.280.310.230.27-0.070.310.62-0.03-0.230.240.140.12-0.440.38-0.30.120.080.770.22-0.25-0.240.180.09
0.36-0.860.84-0.61-0.74-0.910.79-0.89-0.830.150.87-0.92-0.71-0.78-0.44-0.980.86-0.78-0.66-0.38-0.80.860.84-0.84-0.71
-0.350.88-0.870.620.830.95-0.860.920.84-0.22-0.90.970.810.820.38-0.98-0.890.820.730.410.84-0.9-0.870.880.79
0.53-0.891.0-0.32-0.89-0.970.94-0.99-0.870.090.99-0.95-0.9-0.78-0.30.86-0.89-0.78-0.9-0.52-0.891.01.0-0.97-0.91
-0.580.79-0.780.540.860.82-0.870.840.67-0.14-0.850.850.861.00.12-0.780.82-0.780.820.390.66-0.79-0.80.790.74
-0.650.78-0.910.270.870.87-0.950.910.74-0.1-0.920.850.920.820.08-0.660.73-0.90.820.490.76-0.9-0.930.880.86
-0.60.75-0.520.170.560.44-0.390.530.69-0.1-0.480.390.490.390.77-0.380.41-0.520.390.490.32-0.48-0.510.420.41
-0.250.74-0.880.160.760.93-0.810.860.870.17-0.890.890.830.660.22-0.80.84-0.890.660.760.32-0.88-0.870.920.79
0.51-0.870.99-0.33-0.88-0.970.95-0.99-0.840.10.99-0.96-0.9-0.79-0.250.86-0.91.0-0.79-0.9-0.48-0.881.0-0.98-0.91
0.55-0.871.0-0.33-0.9-0.970.96-0.99-0.840.110.99-0.95-0.92-0.81-0.240.84-0.871.0-0.8-0.93-0.51-0.871.0-0.97-0.93
-0.450.81-0.960.250.840.97-0.940.950.840.04-0.970.940.880.790.18-0.840.88-0.970.790.880.420.92-0.98-0.970.88
-0.410.78-0.910.350.930.91-0.940.910.71-0.25-0.910.90.930.740.09-0.710.79-0.910.740.860.410.79-0.91-0.930.88
Click cells to compare fundamentals

Gates Industrial Account Relationship Matchups

Gates Industrial fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding291.6M292.1M297.3M287.6M275.6M232.2M
Total Assets7.4B7.4B7.5B7.2B7.3B7.7B
Short Long Term Debt Total3.1B2.8B2.7B2.6B2.6B2.5B
Other Current Liab237.3M266.2M311.2M325.8M248.5M173.7M
Total Current Liabilities658.1M726.3M855.9M752.3M779.3M769.2M
Total Stockholder Equity2.7B2.8B3.1B3.1B3.2B2.4B
Other Liab682M735.4M552.8M425.3M382.8M590.5M
Net Tangible Assets(1.3B)(1.1B)(605.5M)(361.5M)(415.7M)(436.5M)
Property Plant And Equipment Net850.9M825.9M794.5M769.7M750.1M818.1M
Net Debt2.4B2.3B2.0B2.0B1.8B2.1B
Retained Earnings1.1B1.2B1.4B1.5B1.5B860.3M
Accounts Payable374.7M417.4M506.6M469.6M457.7M443.6M
Cash635.3M521.4M658.2M578.4M720.6M606.8M
Non Current Assets Total5.5B5.5B5.3B4.9B4.9B5.6B
Non Currrent Assets Other17.1M16.6M24.1M40M28.8M51.3M
Other Assets665.3M785M754.6M640.3M736.3M449.0M
Long Term Debt2.9B2.7B2.5B2.4B2.4B2.4B
Cash And Short Term Investments635.3M521.4M658.2M578.4M720.6M607.5M
Net Receivables716.8M723.6M727.2M821.6M798.6M798.9M
Good Will2.1B2.1B2.1B2.0B2.0B2.2B
Long Term Debt Total2.9B2.7B2.5B2.4B2.2B2.5B
Liabilities And Stockholders Equity7.4B7.4B7.5B7.2B7.3B7.7B
Non Current Liabilities Total3.7B3.5B3.2B3.0B2.9B3.1B
Capital Surpluse2.4B2.5B2.5B2.5B2.9B2.4B
Inventory475.1M508.2M682.6M656.2M647.2M580.1M
Other Stockholder Equity2.4B2.5B2.5B2.5B2.6B2.4B
Total Liab4.4B4.2B4.1B3.7B3.7B3.6B
Long Term Investments23M26.5M15.7M15.1M17.4M12.4M
Property Plant And Equipment Gross850.9M825.9M794.5M769.7M1.5B910.6M
Short Long Term Debt46.1M42.7M38.1M36.6M36.5M40.3M
Total Current Assets2.0B1.9B2.3B2.3B2.4B2.1B
Accumulated Other Comprehensive Income(858.4M)(805.4M)(825.2M)(917.8M)(828.5M)(869.9M)
Short Term Debt46.1M42.7M38.1M36.6M36.5M40.3M
Intangible Assets1.9B1.8B1.6B1.5B1.4B1.5B
Property Plant Equipment850.9M825.9M794.5M769.7M885.2M817.3M
Non Current Liabilities Other84.7M488.6M59.2M377.3M123.1M178.8M

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When determining whether Gates Industrial is a strong investment it is important to analyze Gates Industrial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gates Industrial's future performance. For an informed investment choice regarding Gates Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gates Industrial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
For more information on how to buy Gates Stock please use our How to Invest in Gates Industrial guide.
Note that the Gates Industrial information on this page should be used as a complementary analysis to other Gates Industrial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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Is Gates Industrial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gates Industrial. If investors know Gates will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gates Industrial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.23)
Earnings Share
0.84
Revenue Per Share
13.132
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0416
The market value of Gates Industrial is measured differently than its book value, which is the value of Gates that is recorded on the company's balance sheet. Investors also form their own opinion of Gates Industrial's value that differs from its market value or its book value, called intrinsic value, which is Gates Industrial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gates Industrial's market value can be influenced by many factors that don't directly affect Gates Industrial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gates Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gates Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gates Industrial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.