Gates Industrial Gross Margin 2015-2024 | GTES

Gates Industrial gross margin for the quarter ending September 30, 2024 was 39.53%.

  • Gates Industrial average gross margin for 2023 was 36.73%, a 2.08% increase from 2022.
  • Gates Industrial average gross margin for 2022 was 35.98%, a 7.08% increase from 2021.
  • Gates Industrial average gross margin for 2021 was 38.72%, a 6.08% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

Gates Industrial Gross Margin 2015-2024 | GTES

  • Gates Industrial average gross margin for 2023 was 36.73%, a 2.08% increase from 2022.
  • Gates Industrial average gross margin for 2022 was 35.98%, a 7.08% increase from 2021.
  • Gates Industrial average gross margin for 2021 was 38.72%, a 6.08% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.