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Side-by-side financial comparison of Gates Industrial Corp plc (GTES) and VISTEON CORP (VC), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

VISTEON CORP is the larger business by last-quarter revenue ($948.0M vs $856.2M, roughly 1.1× Gates Industrial Corp plc). VISTEON CORP runs the higher net margin — 6.0% vs 7.8%, a 1.8% gap on every dollar of revenue. On growth, Gates Industrial Corp plc posted the faster year-over-year revenue change (3.2% vs 1.0%). Over the past eight quarters, VISTEON CORP's revenue compounded faster (0.8% 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.

Visteon Corporation (VC) is an American global automotive electronics supplier based in Van Buren Township, Michigan. Visteon designs, engineers, and manufactures vehicle cockpit electronics products, connected car services and electrification products for its customers, which include nearly all of the major automakers worldwide.

GTES vs VC — Head-to-Head

Bigger by revenue
VC
VC
1.1× larger
VC
$948.0M
$856.2M
GTES
Growing faster (revenue YoY)
GTES
GTES
+2.3% gap
GTES
3.2%
1.0%
VC
Higher net margin
VC
VC
1.8% more per $
VC
7.8%
6.0%
GTES
Faster 2-yr revenue CAGR
VC
VC
Annualised
VC
0.8%
-0.4%
GTES

Income Statement — Q4 2025 vs Q4 2025

Metric
GTES
GTES
VC
VC
Revenue
$856.2M
$948.0M
Net Profit
$51.3M
$74.0M
Gross Margin
38.0%
12.9%
Operating Margin
12.8%
6.9%
Net Margin
6.0%
7.8%
Revenue YoY
3.2%
1.0%
Net Profit YoY
40.2%
-40.8%
EPS (diluted)
$0.19
$2.67

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
GTES
GTES
VC
VC
Q4 25
$856.2M
$948.0M
Q3 25
$855.7M
$917.0M
Q2 25
$883.7M
$969.0M
Q1 25
$847.6M
$934.0M
Q4 24
$829.4M
$939.0M
Q3 24
$830.7M
$980.0M
Q2 24
$885.5M
$1.0B
Q1 24
$862.6M
$933.0M
Net Profit
GTES
GTES
VC
VC
Q4 25
$51.3M
$74.0M
Q3 25
$81.6M
$-11.0M
Q2 25
$56.5M
$71.0M
Q1 25
$62.0M
$67.0M
Q4 24
$36.6M
$125.0M
Q3 24
$47.6M
$40.0M
Q2 24
$70.7M
$83.0M
Q1 24
$40.0M
$48.0M
Gross Margin
GTES
GTES
VC
VC
Q4 25
38.0%
12.9%
Q3 25
39.9%
14.3%
Q2 25
40.8%
14.6%
Q1 25
40.7%
14.8%
Q4 24
40.4%
14.3%
Q3 24
40.4%
13.4%
Q2 24
40.4%
14.5%
Q1 24
38.3%
12.8%
Operating Margin
GTES
GTES
VC
VC
Q4 25
12.8%
6.9%
Q3 25
13.5%
8.8%
Q2 25
13.1%
10.0%
Q1 25
14.7%
10.2%
Q4 24
13.6%
8.9%
Q3 24
13.6%
5.2%
Q2 24
15.4%
9.9%
Q1 24
13.5%
6.8%
Net Margin
GTES
GTES
VC
VC
Q4 25
6.0%
7.8%
Q3 25
9.5%
-1.2%
Q2 25
6.4%
7.3%
Q1 25
7.3%
7.2%
Q4 24
4.4%
13.3%
Q3 24
5.7%
4.1%
Q2 24
8.0%
8.2%
Q1 24
4.6%
5.1%
EPS (diluted)
GTES
GTES
VC
VC
Q4 25
$0.19
$2.67
Q3 25
$0.31
$-0.40
Q2 25
$0.22
$2.57
Q1 25
$0.24
$2.44
Q4 24
$0.15
$4.50
Q3 24
$0.18
$1.43
Q2 24
$0.26
$2.97
Q1 24
$0.15
$1.71

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
GTES
GTES
VC
VC
Cash + ST InvestmentsLiquidity on hand
$812.1M
$771.0M
Total DebtLower is stronger
$2.2B
Stockholders' EquityBook value
$3.3B
$1.6B
Total Assets
$7.2B
$3.4B
Debt / EquityLower = less leverage
0.67×

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
GTES
GTES
VC
VC
Q4 25
$812.1M
$771.0M
Q3 25
$689.4M
$762.0M
Q2 25
$719.7M
$668.0M
Q1 25
$640.2M
$655.0M
Q4 24
$682.0M
$623.0M
Q3 24
$574.4M
$550.0M
Q2 24
$579.7M
$505.0M
Q1 24
$522.2M
$504.0M
Total Debt
GTES
GTES
VC
VC
Q4 25
$2.2B
Q3 25
$2.2B
Q2 25
$2.3B
Q1 25
$2.3B
Q4 24
$2.4B
Q3 24
$2.4B
Q2 24
$2.3B
Q1 24
$2.3B
Stockholders' Equity
GTES
GTES
VC
VC
Q4 25
$3.3B
$1.6B
Q3 25
$3.4B
$1.5B
Q2 25
$3.3B
$1.5B
Q1 25
$3.1B
$1.4B
Q4 24
$3.0B
$1.3B
Q3 24
$3.1B
$1.3B
Q2 24
$3.2B
$1.2B
Q1 24
$3.2B
$1.1B
Total Assets
GTES
GTES
VC
VC
Q4 25
$7.2B
$3.4B
Q3 25
$7.1B
$3.3B
Q2 25
$7.2B
$3.3B
Q1 25
$6.9B
$3.1B
Q4 24
$6.8B
$3.0B
Q3 24
$7.1B
$3.0B
Q2 24
$7.0B
$2.8B
Q1 24
$7.0B
$2.8B
Debt / Equity
GTES
GTES
VC
VC
Q4 25
0.67×
Q3 25
0.66×
Q2 25
0.72×
Q1 25
0.75×
Q4 24
0.78×
Q3 24
0.76×
Q2 24
0.73×
Q1 24
0.74×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
GTES
GTES
VC
VC
Operating Cash FlowLast quarter
$269.8M
$118.0M
Free Cash FlowOCF − Capex
$251.0M
FCF MarginFCF / Revenue
29.3%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
2.2%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
5.26×
1.59×
TTM Free Cash FlowTrailing 4 quarters
$404.9M

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
GTES
GTES
VC
VC
Q4 25
$269.8M
$118.0M
Q3 25
$98.0M
$127.0M
Q2 25
$103.0M
$95.0M
Q1 25
$7.3M
$70.0M
Q4 24
$190.9M
$203.0M
Q3 24
$115.9M
$98.0M
Q2 24
$93.8M
$57.0M
Q1 24
$-21.0M
$69.0M
Free Cash Flow
GTES
GTES
VC
VC
Q4 25
$251.0M
Q3 25
$80.5M
Q2 25
$83.6M
Q1 25
$-10.2M
Q4 24
$167.6M
Q3 24
$94.0M
Q2 24
$71.9M
Q1 24
$-37.0M
FCF Margin
GTES
GTES
VC
VC
Q4 25
29.3%
Q3 25
9.4%
Q2 25
9.5%
Q1 25
-1.2%
Q4 24
20.2%
Q3 24
11.3%
Q2 24
8.1%
Q1 24
-4.3%
Capex Intensity
GTES
GTES
VC
VC
Q4 25
2.2%
Q3 25
2.0%
Q2 25
2.2%
Q1 25
2.1%
Q4 24
2.8%
Q3 24
2.6%
Q2 24
2.5%
Q1 24
1.9%
Cash Conversion
GTES
GTES
VC
VC
Q4 25
5.26×
1.59×
Q3 25
1.20×
Q2 25
1.82×
1.34×
Q1 25
0.12×
1.04×
Q4 24
5.22×
1.62×
Q3 24
2.43×
2.45×
Q2 24
1.33×
0.69×
Q1 24
-0.53×
1.44×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

Revenue Breakdown by Segment

GTES
GTES

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

VC
VC

Audioandinfotainment$508.0M54%
Informationdisplays$428.0M45%

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