Gates Industrial is a holding company. Through its subsidiaries, Co. is a manufacturer of power transmission and fluid power solutions. Co.'s products are used in applications across various end markets, including industrial off-highway end markets. Co. operates its business through its two reporting segments: Power Transmission and Fluid Power. Co.'s power transmission segment includes elastomer drive belts and related components used to transfer motion in a range of applications. Co.'s fluid power segment includes hoses, tubing and fittings designed to convey hydraulic fluid at high pressures in both mobile and stationary applications, and other high-pressure and fluid transfer hoses. The GTES average annual return since 2018 is shown above.
The Average Annual Return on the GTES average annual return since 2018 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether GTES average annual return since 2018 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the GTES average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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