Gates Industrial Q4 Earnings Call Highlights

Mallard added that Gates ended the year with “over $800 million of cash” and said S&P upgraded the company’s credit rating in December to BB from BB- with a stable outlook. He also cited return on invested capital of 23.4% at year-end.Management also pointed to balance sheet progress and shareholder returns. Jurek said net leverage ended 2025 at 1.85x, down from the prior year, and noted the company was “aggressive” with share repurchases in the fourth quarter, buying back more than $100 million at what he ...