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Enerflex vs Gates Industrial: revenue, profit, margins and growth compared

Enerflex brought in $2.6B of revenue in fiscal 2025, Gates Industrial $3.4B in fiscal 2025. Revenue changed by +6.5% at Enerflex and +1.0% at Gates Industrial on the year before, so Enerflex grew faster. Enerflex kept 2.5% of its revenue as net profit, Gates Industrial 7.3%. Free cash flow was $326M at Enerflex and $404.9M at Gates Industrial.

Side by side, latest fiscal year

EFXTGTES
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.6B$3.4B
Revenue growth+6.5%+1.0%
Net income$64M$251.4M
Net margin2.5%7.3%
Free cash flow$326M$404.9M
Free cash flow margin12.7%11.8%
Earnings per share (diluted)$0.52$0.96
Cash$81M$812.1M
Debt$582M$2.2B
Price to earningsn/a28.0
Market value$2.9B$6.8B
Dividend yieldn/an/a
Rank by revenue in sector#195 of 451 · Industrials#162 of 451 · Industrials

Over the years

Revenue
EFXT FY2024: $2.3BEFXT FY2024: $2.4BEFXT FY2025: $2.6BGTES FY2018: $3.3BGTES FY2019: $3.1BGTES FY2020: $2.8BGTES FY2021: $3.5BGTES FY2022: $3.6BGTES FY2023: $3.6BGTES FY2024: $3.4BGTES FY2025: $3.4BFY18FY19FY20FY21FY22FY23FY24FY25
EFXT $2.6BGTES $3.4B
Net income
EFXT FY2024: -$83MEFXT FY2024: $32MEFXT FY2025: $64MGTES FY2018: $245.3MGTES FY2019: $690.1MGTES FY2020: $79.4MGTES FY2021: $297.1MGTES FY2022: $220.8MGTES FY2023: $232.9MGTES FY2024: $194.9MGTES FY2025: $251.4MFY18FY19FY20FY21FY22FY23FY24FY25
EFXT $64MGTES $251.4M
Net margin
EFXT FY2024: -3.5%EFXT FY2024: 1.3%EFXT FY2025: 2.5%GTES FY2018: 7.3%GTES FY2019: 22.4%GTES FY2020: 2.8%GTES FY2021: 8.6%GTES FY2022: 6.2%GTES FY2023: 6.5%GTES FY2024: 5.7%GTES FY2025: 7.3%FY18FY19FY20FY21FY22FY23FY24FY25
EFXT 2.5%GTES 7.3%
Revenue growth
EFXT FY2024: +3.0%EFXT FY2025: +6.5%GTES FY2019: -7.8%GTES FY2020: -9.5%GTES FY2021: +24.4%GTES FY2022: +2.3%GTES FY2023: +0.5%GTES FY2024: -4.5%GTES FY2025: +1.0%FY19FY20FY21FY22FY23FY24FY25
EFXT +6.5%GTES +1.0%
Free cash flow
EFXT FY2024: $190MEFXT FY2024: $308MEFXT FY2025: $326MGTES FY2018: $147.4MGTES FY2019: $276.8MGTES FY2020: $250.8MGTES FY2021: $304.7MGTES FY2022: $188.2MGTES FY2023: $419.8MGTES FY2024: $296.5MGTES FY2025: $404.9MFY18FY19FY20FY21FY22FY23FY24FY25
EFXT $326MGTES $404.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about Enerflex and Gates Industrial

Which is bigger by revenue, Enerflex or Gates Industrial?

Gates Industrial is bigger by revenue: $3.4B in fiscal 2025, against $2.6B for Enerflex in fiscal 2025.

Which keeps more of its revenue as profit, Enerflex or Gates Industrial?

Enerflex had a net margin of 2.5% in fiscal 2025; Gates Industrial had 7.3% in fiscal 2025.

Which grew revenue faster, Enerflex or Gates Industrial?

In their latest fiscal years revenue changed by +6.5% at Enerflex and +1.0% at Gates Industrial.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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