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Side-by-side financial comparison of Gates Industrial Corp plc (GTES) and Invesco (IVZ). Click either name above to swap in a different company.

Invesco is the larger business by last-quarter revenue ($1.7B vs $856.2M, roughly 2.0× Gates Industrial Corp plc). Gates Industrial Corp plc runs the higher net margin — 6.0% vs -58.9%, a 64.9% gap on every dollar of revenue. On growth, Invesco posted the faster year-over-year revenue change (6.2% vs 3.2%). Invesco produced more free cash flow last quarter ($432.2M vs $251.0M). Over the past eight quarters, Invesco's revenue compounded faster (7.1% CAGR vs -0.4%).

Gates Industrial Corporation plc, based in Denver, Colorado, is a manufacturer of power transmission belts and fluid power products, which are used in diverse industrial and automotive applications. The company employs over 15,000 and has sales and manufacturing operations in North and South America, Europe, Asia, Australia, and the Middle East.

Invesco Ltd. is an American independent investment management company headquartered in Atlanta, Georgia, with branch offices in 20 countries. Its common stock is a constituent of the S&P 500 and trades on the New York Stock Exchange. Invesco operates under the Invesco, Invesco Perpetual, and Powershares brand names.

GTES vs IVZ — Head-to-Head

Bigger by revenue
IVZ
IVZ
2.0× larger
IVZ
$1.7B
$856.2M
GTES
Growing faster (revenue YoY)
IVZ
IVZ
+3.0% gap
IVZ
6.2%
3.2%
GTES
Higher net margin
GTES
GTES
64.9% more per $
GTES
6.0%
-58.9%
IVZ
More free cash flow
IVZ
IVZ
$181.2M more FCF
IVZ
$432.2M
$251.0M
GTES
Faster 2-yr revenue CAGR
IVZ
IVZ
Annualised
IVZ
7.1%
-0.4%
GTES

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GTES
GTES
IVZ
IVZ
Revenue
$856.2M
$1.7B
Net Profit
$51.3M
$-995.9M
Gross Margin
38.0%
Operating Margin
12.8%
-86.2%
Net Margin
6.0%
-58.9%
Revenue YoY
3.2%
6.2%
Net Profit YoY
40.2%
-575.8%
EPS (diluted)
$0.19
$-2.61

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GTES
GTES
IVZ
IVZ
Q4 25
$856.2M
$1.7B
Q3 25
$855.7M
$1.6B
Q2 25
$883.7M
$1.5B
Q1 25
$847.6M
$1.5B
Q4 24
$829.4M
$1.6B
Q3 24
$830.7M
$1.5B
Q2 24
$885.5M
$1.5B
Q1 24
$862.6M
$1.5B
Net Profit
GTES
GTES
IVZ
IVZ
Q4 25
$51.3M
$-995.9M
Q3 25
$81.6M
$356.4M
Q2 25
$56.5M
$197.4M
Q1 25
$62.0M
$171.1M
Q4 24
$36.6M
$209.3M
Q3 24
$47.6M
$55.0M
Q2 24
$70.7M
$132.2M
Q1 24
$40.0M
$141.5M
Gross Margin
GTES
GTES
IVZ
IVZ
Q4 25
38.0%
Q3 25
39.9%
Q2 25
40.8%
Q1 25
40.7%
Q4 24
40.4%
Q3 24
40.4%
Q2 24
40.4%
Q1 24
38.3%
Operating Margin
GTES
GTES
IVZ
IVZ
Q4 25
12.8%
-86.2%
Q3 25
13.5%
16.5%
Q2 25
13.1%
14.1%
Q1 25
14.7%
18.1%
Q4 24
13.6%
19.6%
Q3 24
13.6%
6.6%
Q2 24
15.4%
13.9%
Q1 24
13.5%
14.4%
Net Margin
GTES
GTES
IVZ
IVZ
Q4 25
6.0%
-58.9%
Q3 25
9.5%
21.7%
Q2 25
6.4%
13.0%
Q1 25
7.3%
11.2%
Q4 24
4.4%
13.1%
Q3 24
5.7%
3.6%
Q2 24
8.0%
8.9%
Q1 24
4.6%
9.6%
EPS (diluted)
GTES
GTES
IVZ
IVZ
Q4 25
$0.19
$-2.61
Q3 25
$0.31
$0.66
Q2 25
$0.22
$-0.03
Q1 25
$0.24
$0.38
Q4 24
$0.15
$0.46
Q3 24
$0.18
$0.12
Q2 24
$0.26
$0.29
Q1 24
$0.15
$0.31

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GTES
GTES
IVZ
IVZ
Cash + ST InvestmentsLiquidity on hand
$812.1M
$1.0B
Total DebtLower is stronger
$2.2B
$1.8B
Stockholders' EquityBook value
$3.3B
$12.2B
Total Assets
$7.2B
$27.1B
Debt / EquityLower = less leverage
0.67×
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GTES
GTES
IVZ
IVZ
Q4 25
$812.1M
$1.0B
Q3 25
$689.4M
$973.1M
Q2 25
$719.7M
$922.7M
Q1 25
$640.2M
$821.7M
Q4 24
$682.0M
$986.5M
Q3 24
$574.4M
$1.0B
Q2 24
$579.7M
$878.5M
Q1 24
$522.2M
$895.7M
Total Debt
GTES
GTES
IVZ
IVZ
Q4 25
$2.2B
$1.8B
Q3 25
$2.2B
$1.6B
Q2 25
$2.3B
$1.9B
Q1 25
$2.3B
$964.8M
Q4 24
$2.4B
$890.6M
Q3 24
$2.4B
$890.3M
Q2 24
$2.3B
$890.1M
Q1 24
$2.3B
$1.3B
Stockholders' Equity
GTES
GTES
IVZ
IVZ
Q4 25
$3.3B
$12.2B
Q3 25
$3.4B
$14.0B
Q2 25
$3.3B
$13.9B
Q1 25
$3.1B
$14.7B
Q4 24
$3.0B
$14.6B
Q3 24
$3.1B
$14.8B
Q2 24
$3.2B
$14.6B
Q1 24
$3.2B
$14.6B
Total Assets
GTES
GTES
IVZ
IVZ
Q4 25
$7.2B
$27.1B
Q3 25
$7.1B
$28.4B
Q2 25
$7.2B
$28.5B
Q1 25
$6.9B
$28.1B
Q4 24
$6.8B
$27.0B
Q3 24
$7.1B
$27.5B
Q2 24
$7.0B
$27.2B
Q1 24
$7.0B
$28.1B
Debt / Equity
GTES
GTES
IVZ
IVZ
Q4 25
0.67×
0.15×
Q3 25
0.66×
0.12×
Q2 25
0.72×
0.14×
Q1 25
0.75×
0.07×
Q4 24
0.78×
0.06×
Q3 24
0.76×
0.06×
Q2 24
0.73×
0.06×
Q1 24
0.74×
0.09×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GTES
GTES
IVZ
IVZ
Operating Cash FlowLast quarter
$269.8M
$455.8M
Free Cash FlowOCF − Capex
$251.0M
$432.2M
FCF MarginFCF / Revenue
29.3%
25.5%
Capex IntensityCapex / Revenue
2.2%
1.4%
Cash ConversionOCF / Net Profit
5.26×
TTM Free Cash FlowTrailing 4 quarters
$404.9M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GTES
GTES
IVZ
IVZ
Q4 25
$269.8M
$455.8M
Q3 25
$98.0M
$606.2M
Q2 25
$103.0M
$547.9M
Q1 25
$7.3M
$-84.6M
Q4 24
$190.9M
$316.9M
Q3 24
$115.9M
$438.4M
Q2 24
$93.8M
$489.1M
Q1 24
$-21.0M
$-54.4M
Free Cash Flow
GTES
GTES
IVZ
IVZ
Q4 25
$251.0M
$432.2M
Q3 25
$80.5M
$586.4M
Q2 25
$83.6M
$530.4M
Q1 25
$-10.2M
$-108.0M
Q4 24
$167.6M
$309.9M
Q3 24
$94.0M
$410.0M
Q2 24
$71.9M
$462.4M
Q1 24
$-37.0M
$-75.4M
FCF Margin
GTES
GTES
IVZ
IVZ
Q4 25
29.3%
25.5%
Q3 25
9.4%
35.7%
Q2 25
9.5%
35.0%
Q1 25
-1.2%
-7.1%
Q4 24
20.2%
19.5%
Q3 24
11.3%
27.1%
Q2 24
8.1%
31.2%
Q1 24
-4.3%
-5.1%
Capex Intensity
GTES
GTES
IVZ
IVZ
Q4 25
2.2%
1.4%
Q3 25
2.0%
1.2%
Q2 25
2.2%
1.2%
Q1 25
2.1%
1.5%
Q4 24
2.8%
0.4%
Q3 24
2.6%
1.9%
Q2 24
2.5%
1.8%
Q1 24
1.9%
1.4%
Cash Conversion
GTES
GTES
IVZ
IVZ
Q4 25
5.26×
Q3 25
1.20×
1.70×
Q2 25
1.82×
2.78×
Q1 25
0.12×
-0.49×
Q4 24
5.22×
1.51×
Q3 24
2.43×
7.97×
Q2 24
1.33×
3.70×
Q1 24
-0.53×
-0.38×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GTES
GTES

Power Transmission Segment$536.5M63%
Fluid Power Segment$319.7M37%

IVZ
IVZ

Investment Advice$1.2B73%
Distribution And Shareholder Service$382.7M23%
Financial Service Other$51.0M3%
Investment Performance$28.9M2%

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