---
schema_version: "secwatch.filing_event.v1"
accession: "0001718512-22-000004"
form_type: "8-K"
ticker: "GTES"
cik: "0001718512"
company_name: "Gates Industrial Corp plc"
filed_at: "2022-02-07T23:59:59+00:00"
generated_at: "2026-06-27T10:44:25.811001+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gates Industrial Q4 rev +2.7% but margins shrink; guides 2022 core +5-9%

## Summary
- Q4 net sales $815.6M (+2.7% YoY); adj EPS $0.31 vs $0.20; Adj EBITDA margin 17.1% vs 20.5%.
- Power Transmission Q4 margin 18.3% vs 22.4%; Fluid Power margin 15.0% vs 16.8%; both pressured by supply challenges.
- Full-year net sales $3.47B (+24.4%), adj net income $408.1M; net leverage down to 2.6x from 4.3x.
- FY 2022 guidance: core revenue +5–9%, Adj EBITDA $755–805M, Adj EPS $1.20–1.30, capex $100–120M.
- Q4 free cash flow $145.9M; conversion 157.4% of Adj Net Income.

## SEC filing metadata
- accession: 0001718512-22-000004
- form_type: 8-K
- ticker: GTES
- cik: 0001718512
- company_name: Gates Industrial Corp plc
- filed_at: 2022-02-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718512/000171851222000004/0001718512-22-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718512/000171851222000004/gtes-20220207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001718512-22-000004
- JSON: https://secwatch.observer/filing/0001718512-22-000004.json
- Plain text: https://secwatch.observer/filing/0001718512-22-000004.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.