Garrett Motion Inc. (GTX) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q2 26	$0.48	$0.53	+10.4%	—	$976M	—
Q1 26	$0.43	$0.52	+20.9%	—	$985M	—
Q4 25	$0.39	$0.4	+2.6%	—	$891M	—
Q2 25	$0.35	$0.42	+20.0%	—	$913M	—
Q1 25	$0.29	$0.36	+24.1%	—	$878M	—
Q4 24	$0.29	$0.46	+58.6%	—	$844M	—
Q3 24	$0.29	$0.25	-13.8%	—	$826M	—
Q2 24	$0.34	$0.19	-44.1%	—	$890M	—
Q1 24	$0.27	$0.31	+14.8%	—	$915M	—
Q4 23	$0.22	$0.22	0.0%	—	$945M	—
Q3 23	$0.22	$0.23	+4.5%	—	$960M	—
Q2 23	$0.23	$0.27	+17.4%	—	$1B	—
Q1 23	$0.21	$0.13	-38.1%	—	$970M	—
Q4 22	$0.26	$0.23	-11.5%	—	$898M	—
Q3 22	$0.22	$0.21	-4.5%	—	$945M	—
Q2 22	$0.25	$0.15	-40.0%	—	$859M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$1.55	—	—	$3.6B	—
FY24	—	$1.27	—	—	$3.5B	—
FY23	—	-$0.31	—	—	$3.9B	—
FY22	—	$0.75	—	—	$3.6B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$3B	$3.1B	$3.4B	$3.2B	$3B	$3.6B	$3.6B	$3.9B	$3.5B	$3.6B
YoY change	+3.06%	+3.3%	+9.01%	-3.76%	-6.59%	+19.7%	-0.83%	+7.85%	-10.6%	+3.14%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	3B	3.1B	3.4B	3.2B	3B	3.6B	3.6B	3.9B	3.5B	3.6B
Cost of revenue	2.4B	2.4B	2.6B	2.6B	2.5B	2.9B	2.9B	3.1B	2.8B	2.9B
Gross profit	632M	735M	776M	693M	539M	707M	683M	756M	705M	731M
Gross margin	21.1%	23.7%	23%	21.3%	17.8%	19.5%	19%	19.5%	20.3%	20.4%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	197M	249M	249M	231M	260M	216M	216M	247M	240M	240M
Operating expenses	199M	247M	254M	231M	261M	216M	216M	247M	240M	240M
Operating income	433M	488M	522M	462M	278M	491M	467M	509M	465M	491M
Operating margin	14.4%	15.8%	15.5%	14.2%	9.16%	13.5%	13%	13.1%	13.4%	13.7%
Non-operating income, net	-192M	-128M	-114M	-54M	-82M	130M	37M	-5M	36M	15M
Pretax income	250M	366M	396M	346M	119M	538M	496M	347M	343M	392M
Income tax	51M	1.3B	-810M	33M	39M	43M	106M	86M	61M	82M
Net income	199M	-983M	1.2B	313M	80M	495M	390M	261M	282M	310M
Net margin	6.64%	-31.8%	35.7%	9.64%	2.64%	13.6%	10.8%	6.72%	8.12%	8.65%
EBITDA	325M	438M	477M	540M	367M	603M	600M	606M	570M	601M
EPS	2.62	-13	16.3	4.2	1.06	1.69	0.75	-0.31	1.27	1.55
Diluted EPS	2.62	-13	16.2	4.12	1.05	1.56	0.75	-0.31	1.26	1.52

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	960M	945M	915M	890M	826M	844M	878M	913M	902M	891M	985M	976M
Cost of revenue	784M	756M	743M	705M	660M	662M	699M	732M	716M	706M	789M	764M
Gross profit	176M	189M	172M	185M	166M	182M	179M	181M	186M	185M	196M	212M
Gross margin	18.3%	20%	18.8%	20.8%	20.1%	21.6%	20.4%	19.8%	20.6%	20.8%	19.9%	21.7%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	59M	69M	64M	61M	53M	62M	59M	59M	57M	65M	58M	63M
Operating expenses	59M	69M	64M	61M	53M	62M	59M	59M	57M	65M	58M	63M
Operating income	117M	120M	108M	124M	113M	120M	120M	122M	129M	120M	138M	149M
Operating margin	12.2%	12.7%	11.8%	13.9%	13.7%	14.2%	13.7%	13.4%	14.3%	13.5%	14%	15.3%
Non-operating income, net	1M	-3M	4M	25M	—	7M	-6M	5M	2M	14M	7M	1M
Pretax income	70M	68M	81M	87M	76M	99M	85M	102M	102M	103M	118M	126M
Income tax	13M	16M	15M	23M	24M	-1M	23M	15M	25M	19M	23M	25M
Net income	57M	52M	66M	64M	52M	100M	62M	87M	77M	84M	95M	101M
Net margin	5.94%	5.5%	7.21%	7.19%	6.3%	11.8%	7.06%	9.53%	8.54%	9.43%	9.64%	10.3%
EBITDA	141M	153M	134M	144M	136M	156M	136M	150M	156M	159M	170M	174M
EPS	0.23	—	0.28	0.29	0.24	0.47	0.3	0.43	0.39	0.43	0.5	0.54
Diluted EPS	0.23	—	0.28	0.28	0.24	0.47	0.3	0.42	0.38	0.42	0.49	0.53

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	913.9M	745.3M	334.7M	559.7M	493.1M	—	—	—	4.8B
Enterprise value	—	—	2.3B	2B	1.4B	1.4B	1.4B	—	—	—	6.1B
Shares outstanding	75.9M	75.9M	74.1M	74.6M	75.5M	69.7M	64.7M	166.6M	222.3M	199.8M	199.8M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	0.76	2.38	4.18	1.13	1.26	—	—	—	14.1
P/S	—	—	0.27	0.23	0.11	0.15	0.14	—	—	—	1.27
P/B	—	—	-0.36	-0.35	-0.14	-1.2	-4.25	—	—	—	-7.18
EV/EBITDA	—	—	4.84	3.72	3.85	2.28	2.41	—	—	—	9.24
EV/Sales	—	—	0.68	0.62	0.47	0.38	0.4	—	—	—	1.61
Earnings yield	—	—	132%	42%	23.9%	88.4%	79.1%	—	—	—	7.11%
FCF yield	—	—	30.4%	18.8%	-16.4%	-68.2%	57.6%	—	—	—	6.37%
PEG	—	—	—	—	—	—	—	—	—	—	0.55

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	21.1%	23.7%	23%	21.3%	17.8%	19.5%	19%	19.5%	20.3%	20.4%	21.7%
Operating margin	14.4%	15.8%	15.5%	14.2%	9.16%	13.5%	13%	13.1%	13.4%	13.7%	15.5%
Net margin	6.64%	-31.8%	35.7%	9.64%	2.64%	13.6%	10.8%	6.72%	8.12%	8.65%	9.51%
ROE	-16.3%	44.8%	-47.9%	-14.7%	-3.47%	-105.8%	-336.2%	-35.5%	-41.9%	-38.7%	-38.7%
ROA	7.48%	-32.8%	56.8%	13.8%	2.65%	18.3%	14.8%	10.3%	12.4%	13.1%	14.2%
ROIC	-20.7%	0%	-46.6%	-48%	-15.2%	129.8%	43.8%	54.8%	52.7%	79.2%	73%
Return on tangible assets	8.74%	-37.6%	69.4%	16.6%	3.04%	21.3%	17.3%	12.2%	14.9%	15.6%	17.1%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	0.81	0.82	0.82	0.86	1.03	1	1.04	1.02	0.93	0.97	1
Quick ratio	0.76	0.74	0.7	0.7	0.9	0.84	0.84	0.83	0.71	0.72	0.76
Debt / equity	—	—	-0.63	-0.68	-0.72	-2.65	-10.3	-2.3	-2.26	-1.83	-0.02
Debt / assets	—	—	0.75	0.64	0.55	0.46	0.46	0.67	0.67	0.62	0.57
Net debt / EBITDA	—	—	2.93	2.34	2.94	1.35	1.59	2.36	2.45	2.15	1.91
Interest coverage	36.7	46.8	21.8	6.01	2.49	7.4	50.6	3.13	3.14	4.53	5.16
Effective tax rate	20.4%	100%	0%	9.54%	32.8%	7.99%	21.4%	24.8%	17.8%	20.9%	20.5%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	39.5	40.8	45.6	43.5	40.2	52.1	55.7	23.3	15.6	17.9	19.6
EPS (basic)	2.62	-13	16.3	4.2	1.06	1.69	0.75	-0.31	1.27	1.55	1.55
EPS (diluted)	2.62	-13	16.2	4.12	1.05	1.56	0.75	-0.31	1.26	1.52	1.82
Book value per share	-16.1	-28.9	-34	-28.6	-30.6	-6.71	-1.79	-4.41	-3.03	-4.01	-3.61
FCF per share	2.91	-0.42	3.75	1.88	-0.73	-5.48	4.39	2.29	1.43	1.71	1.92
Cash per share	5.89	7.88	2.65	2.51	7.84	6.07	3.8	1.55	0.56	0.89	0.85
Capex per share	1.11	1.36	1.28	1.37	1.06	—	—	—	—	0.36	0.4

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	2.8%	3.33%	2.81%	3.14%	2.64%	—	—	—	—	2.01%	2.05%
Capex / operating cash flow	31.2%	792.3%	22.4%	26.3%	103.9%	—	—	—	—	17.4%	17.4%
Payout ratio	—	—	—	—	—	0%	21.3%	16.1%	0%	16.8%	16.5%
Dividend yield	—	—	—	—	—	0%	16.8%	—	—	—	1.24%

Yield

1.24%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.08

ex-dividend Sep 1, 2026

Payout ratio

16%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 1, 2026	$0.08
Jun 1, 2026	$0.08
Mar 2, 2026	$0.08
Dec 1, 2025	$0.08
Sep 2, 2025	$0.06
Jun 2, 2025	$0.06
Jan 15, 2025	$0.06

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$960M	$945M	$915M	$890M	$826M	$844M	$878M	$913M	$902M	$891M	$985M	$976M
YoY change	+1.59%	+5.23%	-5.67%	-12%	-14%	-10.7%	-4.04%	+2.58%	+9.2%	+5.57%	+12.2%	+6.9%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	447M	598M	196M	187M	592M	423M	246M	259M	125M	177M
Receivables	505M	592M	593M	574M	625M	553M	619M	614M	521M	533M
Inventory	125M	188M	172M	220M	235M	244M	270M	263M	286M	339M
Total current assets	1.7B	2.1B	1.2B	1.2B	1.9B	1.5B	1.4B	1.4B	1.2B	1.3B
Property, plant & equipment	246M	297M	302M	365M	388M	387M	370M	364M	351M	337M
Goodwill & intangibles	384M	386M	386M	386M	386M	386M	386M	386M	386M	386M
Total assets	2.7B	3B	2.1B	2.3B	3B	2.7B	2.6B	2.5B	2.3B	2.4B
Accounts payable	736M	860M	916M	1B	1B	1B	1B	1.1B	972M	1.1B
Short-term debt	—	—	23M	12M	575M	16M	16M	16M	18M	20M
Total current liabilities	2.1B	2.5B	1.4B	1.4B	1.8B	1.5B	1.4B	1.4B	1.3B	1.4B
Long-term debt	—	—	1.6B	1.4B	1.1B	1.2B	1.2B	1.7B	1.5B	1.4B
Total liabilities	3.9B	5.2B	4.6B	4.4B	5.3B	3.2B	2.8B	3.3B	2.9B	3.2B
Shareholders' equity	-1.2B	-2.2B	-2.5B	-2.1B	-2.3B	-468M	-116M	-735M	-673M	-802M
Total debt	—	—	1.6B	1.4B	1.7B	1.2B	1.2B	1.7B	1.5B	1.5B
Net debt	—	—	1.4B	1.3B	1.1B	816M	954M	1.4B	1.4B	1.3B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	162M	259M	196M	98M	96M	125M	130M	232M	230M	177M	142M	158M
Receivables	667M	614M	621M	568M	576M	521M	583M	606M	608M	533M	654M	698M
Inventory	294M	263M	272M	272M	267M	286M	265M	287M	320M	339M	313M	350M
Total current assets	1.4B	1.4B	1.3B	1.2B	1.1B	1.2B	1.2B	1.4B	1.4B	1.3B	1.4B	1.5B
Property, plant & equipment	477M	364M	495M	483M	498M	351M	496M	512M	503M	337M	487M	475M
Goodwill & intangibles	386M	386M	386M	386M	386M	386M	386M	386M	386M	386M	386M	386M
Total assets	2.5B	2.5B	2.4B	2.2B	2.2B	2.3B	2.3B	2.4B	2.4B	2.4B	2.4B	2.5B
Accounts payable	1.1B	1.1B	1B	984M	896M	972M	935M	1B	1B	1.1B	1.1B	1.1B
Short-term debt	16M	16M	16M	16M	15M	18M	36M	20M	20M	20M	20M	20M
Total current liabilities	1.4B	1.4B	1.3B	1.3B	1.2B	1.3B	1.3B	1.3B	1.4B	1.4B	1.4B	1.5B
Long-term debt	1.7B	1.7B	1.7B	1.5B	1.5B	1.5B	1.5B	1.5B	1.5B	1.4B	1.4B	1.4B
Total liabilities	3.2B	3.3B	3.2B	3B	2.9B	2.9B	3B	3.2B	3.2B	3.2B	3.2B	3.1B
Shareholders' equity	-692M	-735M	-735M	-725M	-778M	-673M	-700M	-812M	-813M	-802M	-781M	-675M
Total debt	1.7B	1.7B	1.7B	1.5B	1.5B	1.5B	1.5B	1.5B	1.5B	1.5B	1.5B	1.4B
Net debt	1.5B	1.4B	1.5B	1.4B	1.4B	1.4B	1.4B	1.3B	1.3B	1.3B	1.3B	1.3B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	199M	-983M	1.2B	313M	80M	495M	390M	261M	282M	310M
Depreciation & amortization	59M	64M	72M	73M	86M	92M	84M	90M	90M	99M
Stock-based compensation	12M	15M	21M	18M	10M	7M	11M	14M	23M	27M
Change in working capital	62M	-54M	18M	-3M	-176M	-33M	-40M	9M	-43M	-2M
Operating cash flow	269M	13M	425M	388M	77M	105M	481M	425M	390M	413M
Capital expenditure	-84M	-103M	-95M	-102M	-80M	—	—	—	—	-72M
Investing cash flow	-182M	30M	192M	-86M	-80M	2M	0	28M	77M	-41M
Dividends paid	—	—	—	—	—	0	-83M	-42M	0	-52M
Share repurchases	—	—	—	0	0	-220M	-388M	-818M	-296M	-208M
Financing cash flow	-149M	60M	-958M	-163M	530M	139M	-486M	-403M	-520M	-326M
Net change in cash	-62M	103M	-341M	139M	527M	246M	-5M	50M	-53M	46M
Free cash flow	221M	-32M	278M	140M	-55M	-382M	284M	382M	317M	341M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	57M	52M	66M	64M	52M	100M	62M	87M	77M	84M	95M	101M
Depreciation & amortization	23M	24M	22M	22M	23M	23M	22M	23M	25M	29M	25M	24M
Stock-based compensation	4M	2M	8M	5M	4M	6M	6M	7M	6M	8M	7M	7M
Change in working capital	-32M	64M	-19M	9M	-43M	10M	-57M	87M	-38M	6M	-58M	29M
Operating cash flow	67M	156M	90M	137M	39M	124M	43M	198M	100M	99M	98M	145M
Capital expenditure	—	—	—	—	—	—	—	—	-10M	-21M	-29M	-17M
Investing cash flow	0	—	4M	17M	3M	7M	4M	11M	-1M	-14M	-26M	-12M
Dividends paid	0	0	0	0	0	0	-12M	-13M	-11M	-16M	-16M	-15M
Share repurchases	-163M	-35M	-107M	-66M	-53M	-70M	-30M	-22M	-84M	-72M	-87M	-28M
Financing cash flow	-364M	-37M	-112M	-272M	-55M	-81M	-31M	-41M	-98M	-139M	-105M	-95M
Net change in cash	-297M	119M	-18M	-118M	-13M	50M	16M	168M	1M	-54M	-33M	38M
Free cash flow	50M	109M	52M	109M	47M	109M	30M	143M	90M	78M	69M	128M

Garrett Motion Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement