
U.S. Fluid Power Pump And Motor Market. Analysis And Forecast to 2030
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View PricingGates Corporation Surpasses Profit Estimates in Q4 CY2024
Gates Corporation Surpasses Profit Estimates, Faces Revenue Decline
Gates Corporation (NYSE:GTES), a leading provider of power transmission and fluid power solutions, recently announced its financial results for Q4 CY2024, meeting Wall Street's revenue expectations but experiencing a 3.9% year-on-year decline in sales to $829.4 million. For more details, visit the original report.
According to IndexBox data, this decline marks a continuation of a broader trend, as Gates Industrial Corporation has experienced a 2.1% annual decrease in revenue over the last two years. Despite this, Gates delivered a non-GAAP profit of $0.36 per share, which exceeded analysts' consensus estimates by 8.7%.
Ivo Jurek, Gates' Chief Executive Officer, highlighted the company's strategic initiatives, stating, "In 2024, we generated a 180 basis point increase in our gross margin while encountering softer demand trends in many of our end markets. Our enterprise initiatives continue to gain traction. Furthermore, we also reduced our debt levels and repurchased $175 million of our stock."
Over the past five years, Gates Industrial Corporation has managed profitability efficiently, boasting an average operating margin of 12%. The company's operating profit margin for this quarter was 13.6%, maintaining stability compared to the same period last year, despite the overall decline in revenue.
Looking forward, analysts predict a modest 2% revenue growth over the next 12 months, which indicates that Gates' newer products and services might drive improved top-line performance, albeit below the sector average. The company's EPS growth, however, shows a more promising trend, with a 10.3% annual increase over the past two years highlighting its capacity to convert revenue into profits efficiently.
Although Gates Industrial Corporation surpassed EPS and EBITDA expectations this quarter, its full-year guidance for both metrics was underwhelming. Consequently, the company's stock price remained flat at $20.77 following the financial report.
Investors are now left to ponder whether the current market conditions and Gates' strategic initiatives make it an opportune time to invest in the company. As the industrial sector faces ongoing challenges, Gates' ability to adapt and navigate these with sound financial practices will be crucial in determining its future success.
This report provides an in-depth analysis of the market for fluid power pump and motor in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- NAICS 333996 - Fluid power pump and motor manufacturing
Companies mentioned:
- Parker-Hannifin Corporation
- Graco Inc.
- ITT Corporation
- Sulzer Pumps (us)
- Bosch Rexroth Corporation
- Hydro-Gear
- The Oilgear Company
- Bucher Hydraulics
- Rockford Concentric
- East West Manufacturing
- M. P. Pumps, Crissair
- McNally Industries
- Mechanical Tool & Engineering Co
- The Ifh Group
- J. H. Bennett and Company
- White Drive Products
- Propulsys
- New Dimensions Precision Machining
- Armstrong Fluid Handling
- Spencer Fluid Power
- Terra Drive Systems
- Asmo Greenville of North Carolina
- Continental Hydraulics Incorporated
- Bailey International
- SRC Lexington
- Mason Wells Buyout Fund II
- Limited Partnership
- Emerson Process Management Valve Automation
- Gssc Inc
- Ram-Pac International
- Danfoss Power Solutions (us) Company
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024