RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Gates Industrial Corporation Stock

Gates Industrial Corporation ROE 2024

Gates Industrial Corporation ROE

0.07

Ticker

GTES

ISIN

GB00BD9G2S12

WKN

A2JCGV

In 2024, Gates Industrial Corporation's return on equity (ROE) was 0.07, a 1.87% increase from the 0.07 ROE in the previous year.

Gates Industrial Corporation Aktienanalyse

What does Gates Industrial Corporation do?

The Gates Industrial Corporation PLC is a multinational company with its headquarters in Denver, Colorado. The company was founded in 1911 by Charles Gates Sr. as the Gates Rubber Company, specializing in the production of tires and hoses for automobiles. Over time, the company expanded its offerings to include belts and hoses for industrial applications. In the 1990s, the company shifted its focus to drive belts and systems, fluid power products, and other industrial products. In 2018, the Gates Corporation was transformed into the Gates Industrial Corporation in order to better represent its diverse divisions. Today, the Gates Industrial Corporation PLC is a leading provider of drive belts, accessories, and systems for the automotive, industry, climate, and energy sectors. Drive belts are the company's core business, used to power and control machinery, equipment, and vehicles. The range of belts includes V-belts, timing belts, and multi-rib belts, available in various sizes and materials. Tensioners and idlers are also offered to ensure optimal performance. In addition, the company offers other products such as hydraulic and pneumatic hoses, fluid control components, seals, couplings, and other industrial products. These are used in various industries, including aerospace, energy, construction, transportation, agriculture, and food. A key aspect of Gates Industrial Corporation's business model is its close collaboration with customers. The company strives to provide tailored solutions to meet their individual requirements, taking into account the overall demand for drive and fluid power products to optimize the machine lifecycle and meet user needs. Sustainability is another important aspect of the company. Gates Industrial Corporation aims to use sustainability as a driver for innovation and growth. The company works towards promoting environmentally friendly production and reducing material and energy consumption. The products are designed to be cost-effective, energy-efficient, and durable, in order to reduce environmental impact. Overall, the Gates Industrial Corporation PLC is an established company with a long history and a wide-ranging offering. While drive belts are the core of its operations, the company's innovation in modern solutions for the energy industry demonstrates its preparedness for the future. Gates Industrial Corporation ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROE Details

Decoding Gates Industrial Corporation's Return on Equity (ROE)

Gates Industrial Corporation's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Gates Industrial Corporation's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Gates Industrial Corporation's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Gates Industrial Corporation’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Gates Industrial Corporation stock

What is the ROE (Return on Equity) of Gates Industrial Corporation this year?

The ROE of Gates Industrial Corporation this year is 0.07 undefined.

How has the Return on Equity (ROE) of Gates Industrial Corporation developed compared to the previous year?

The ROE of Gates Industrial Corporation has increased by 1.87% increased compared to the previous year.

What impact does a high ROE (Return on Equity) have on investors of Gates Industrial Corporation?

A high ROE indicates that Gates Industrial Corporation generates good returns on capital and is successful in monetizing its investments. This is a positive indicator for investors.

What impact does a low ROE (Return on Equity) have on investors of Gates Industrial Corporation?

A low ROE can indicate that Gates Industrial Corporation is having difficulties monetizing its investments successfully and can be a negative signal for investors.

How does a change in the ROE (Return on Equity) of Gates Industrial Corporation affect the company?

A change in ROE (Return on Equity) of Gates Industrial Corporation can be an indicator of the financial performance of the company and demonstrate how successful the company is compared to other companies in the same industry.

How to calculate the ROE (Return on Equity) of Gates Industrial Corporation?

The ROE (Return on Equity) is calculated by dividing the company's profit by the total equity. The formula is: ROE = Profit / Total equity.

Which factors influence the ROE (Return on Equity) of Gates Industrial Corporation?

Some factors that can influence Gates Industrial Corporation's Return on Equity (ROE) include the efficiency in using equity, the profitability of the company, and the financing structure.

What strategic measures can take to improve the ROE (Return on Equity)?

To improve the Return on Equity (ROE), can take measures such as cost savings, increasing revenue, improving efficiency in the use of equity, and making changes in the financing structure. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to improve ROE.

How much dividend does Gates Industrial Corporation pay?

Over the past 12 months, Gates Industrial Corporation paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Gates Industrial Corporation is expected to pay a dividend of 0 USD.

What is the dividend yield of Gates Industrial Corporation?

The current dividend yield of Gates Industrial Corporation is .

When does Gates Industrial Corporation pay dividends?

Gates Industrial Corporation pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Gates Industrial Corporation?

Gates Industrial Corporation paid dividends every year for the past 0 years.

What is the dividend of Gates Industrial Corporation?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Gates Industrial Corporation located?

Gates Industrial Corporation is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Gates Industrial Corporation kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Gates Industrial Corporation from 11/4/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/4/2024.

When did Gates Industrial Corporation pay the last dividend?

The last dividend was paid out on 11/4/2024.

What was the dividend of Gates Industrial Corporation in the year 2023?

In the year 2023, Gates Industrial Corporation distributed 0 USD as dividends.

In which currency does Gates Industrial Corporation pay out the dividend?

The dividends of Gates Industrial Corporation are distributed in USD.

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Andere Kennzahlen von Gates Industrial Corporation

Our stock analysis for Gates Industrial Corporation Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Gates Industrial Corporation Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.