Garrett Motion Inc. (GTX) 10-Year Financial Performance & Capital Metrics

GTX • • Industrial / General

Consumer CyclicalAuto Parts & EquipmentPowertrain & Drivetrain SystemsTransmission & Gear Systems

AboutGarrett Motion Inc., together with its subsidiaries, designs, manufactures, and sells turbocharger and electric-boosting technologies for light and commercial vehicle original equipment manufacturers worldwide. The company offers light vehicle gasoline and diesel, and commercial vehicle turbochargers; and provides automotive software solutions. It offers its products in the aftermarket through distributors. Garrett Motion Inc. was incorporated in 2018 and is headquartered in Rolle, Switzerland.Show more

Revenue $3.48B -10.6%
EBITDA $553M -4.0%
Net Income $282M +8.0%
EPS (Diluted) 1.26 +506.5%
Gross Margin 25.58% +9.5%
EBITDA Margin 15.91% +7.4%
Operating Margin 13.32% +6.5%
Net Margin 8.12% +20.8%
ROE -
ROIC 48.84% +2.7%
Debt/Equity -
Interest Coverage 2.95 -2.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 84 (top 16%)
✓High quality earnings: Operating CF exceeds net income
✓Trading near 52-week high
✓Efficient asset utilization: 1.5x turnover

✗Weaknesses

✗Shares diluted 34.5% in last year

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y1.36%

3Y-1.47%

TTM-1.09%

Profit (Net Income) CAGR

10Y-

5Y-2.06%

3Y-17.1%

TTM39.32%

EPS CAGR

10Y-

5Y-21.1%

3Y-6.87%

TTM55.4%

ROCE

10Y Avg60.73%

5Y Avg38.43%

3Y Avg40.53%

Latest43.05%

Peer Comparison

Transmission & Gear Systems

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
PHINPHINIA Inc.	2.7B	70.12	39.84	-2.77%	2.63%	5.67%	7.53%	0.66
BWABorgWarner Inc.	10.4B	48.60	32.40	-0.81%	0.95%	2.18%	6.55%	0.76
GTXGarrett Motion Inc.	3.74B	19.22	15.25	-10.58%	9.22%		8.48%
ALSNAllison Transmission Holdings, Inc.	9.28B	111.55	13.42	6.26%	22.78%	37.97%	7.09%	1.47
GGRGogoro Inc.	45.8M	3.10	-0.34	-11.21%	-46.88%	-99.31%		2.23
WPRTWestport Fuel Systems Inc.	37.5M	2.16	-1.70	-8.89%	-37.88%	-75.62%		0.39
KNDIKandi Technologies Group, Inc.	83.69M	1.02	-1.73	3.21%	-49.1%	-14.35%		0.24
SESSES AI Corporation	693.77M	2.16	-6.97		-490.03%	-39.68%		0.04

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	3B	3.1B	3.38B	3.25B	3.03B	3.63B	3.6B	3.89B	3.48B
Revenue Growth %	-	0.03%	0.09%	-0.04%	-0.07%	0.2%	-0.01%	0.08%	-0.11%
Cost of Goods Sold+	2.21B	2.22B	2.47B	2.41B	2.36B	2.77B	2.76B	2.98B	2.59B
COGS % of Revenue	0.74%	0.72%	0.73%	0.74%	0.78%	0.76%	0.77%	0.77%	0.74%
Gross Profit+	786M	878M	901M	842M	676M	859M	840M	908M	889M
Gross Margin %	0.26%	0.28%	0.27%	0.26%	0.22%	0.24%	0.23%	0.23%	0.26%
Gross Profit Growth %	-	0.12%	0.03%	-0.07%	-0.2%	0.27%	-0.02%	0.08%	-0.02%
Operating Expenses+	307M	370M	377M	378M	388M	352M	369M	422M	426M
OpEx % of Revenue	0.1%	0.12%	0.11%	0.12%	0.13%	0.1%	0.1%	0.11%	0.12%
Selling, General & Admin	197M	249M	249M	249M	277M	216M	216M	247M	239M
SG&A % of Revenue	0.07%	0.08%	0.07%	0.08%	0.09%	0.06%	0.06%	0.06%	0.07%
Research & Development	110M	121M	128M	129M	111M	136M	153M	175M	187M
R&D % of Revenue	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.05%	0.05%
Other Operating Expenses	0	0	0	0	0	0	0	0	0
Operating Income+	479M	508M	524M	464M	288M	507M	471M	486M	463M
Operating Margin %	0.16%	0.16%	0.16%	0.14%	0.09%	0.14%	0.13%	0.13%	0.13%
Operating Income Growth %	-	0.06%	0.03%	-0.11%	-0.38%	0.76%	-0.07%	0.03%	-0.05%
EBITDA+	540M	570M	601M	537M	375M	599M	555M	576M	553M
EBITDA Margin %	0.18%	0.18%	0.18%	0.17%	0.12%	0.16%	0.15%	0.15%	0.16%
EBITDA Growth %	-	0.06%	0.05%	-0.11%	-0.3%	0.6%	-0.07%	0.04%	-0.04%
D&A (Non-Cash Add-back)	61M	62M	77M	73M	87M	92M	84M	90M	90M
EBIT	257M	374M	415M	414M	199M	632M	580M	507M	500M
Net Interest Income+	9M	6M	-12M	-61M	-77M	-83M	-8M	-153M	-154M
Interest Income	16M	14M	7M	7M	3M	11M	76M	7M	3M
Interest Expense	7M	8M	19M	68M	80M	94M	84M	160M	157M
Other Income/Expense	-229M	-142M	-128M	-118M	-169M	31M	25M	-139M	-120M
Pretax Income+	250M	366M	396M	346M	119M	538M	496M	347M	343M
Pretax Margin %	0.08%	0.12%	0.12%	0.11%	0.04%	0.15%	0.14%	0.09%	0.1%
Income Tax+	51M	1.35B	-784M	33M	39M	43M	106M	86M	61M
Effective Tax Rate %	0.8%	-2.69%	2.98%	0.9%	0.67%	0.92%	0.79%	0.75%	0.82%
Net Income+	199M	-983M	1.18B	313M	80M	495M	390M	261M	282M
Net Margin %	0.07%	-0.32%	0.35%	0.1%	0.03%	0.14%	0.11%	0.07%	0.08%
Net Income Growth %	-	-5.94%	2.2%	-0.73%	-0.74%	5.19%	-0.21%	-0.33%	0.08%
Net Income (Continuing)	199M	-983M	1.21B	313M	80M	495M	390M	261M	282M
Discontinued Operations	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	2.62	-12.95	15.86	4.12	1.05	1.56	5.99	-0.31	1.26
EPS Growth %	-	-5.94%	2.22%	-0.74%	-0.75%	0.49%	2.84%	-1.05%	5.06%
EPS (Basic)	2.62	-13.26	15.93	4.20	1.06	7.10	6.03	-0.31	1.27
Diluted Shares Outstanding	75.9M	75.9M	74.4M	75.93M	76.1M	69.71M	65.08M	166.6M	224.12M
Basic Shares Outstanding	74.11M	74.11M	74.06M	74.6M	75.54M	69.71M	64.71M	166.6M	222.32M
Dividend Payout Ratio	-	-	-	-	-	-	0.21%	0.16%	-

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.73B	2.08B	1.18B	1.2B	1.88B	1.51B	1.43B	1.41B	1.19B
Cash & Short-Term Investments	447M	598M	196M	187M	693M	464M	248M	260M	126M
Cash Only	119M	300M	196M	187M	693M	464M	248M	260M	126M
Short-Term Investments	328M	298M	0	0	0	0	0	0	0
Accounts Receivable	1.16B	1.29B	750M	707M	863M	762M	857M	826M	705M
Days Sales Outstanding	140.91	152.32	81.11	79.45	103.82	76.56	86.82	77.58	74.05
Inventory	125M	188M	172M	220M	235M	244M	270M	263M	286M
Days Inventory Outstanding	20.64	30.94	25.38	33.37	36.38	32.11	35.67	32.23	40.37
Other Current Assets	4M	6M	47M	85M	26M	28M	40M	42M	60M
Total Non-Current Assets+	928M	913M	915M	1.08B	1.14B	1.2B	1.21B	1.12B	1.08B
Property, Plant & Equipment	371M	442M	438M	506M	541M	536M	514M	517M	501M
Fixed Asset Turnover	8.08x	7.00x	7.71x	6.42x	5.61x	6.78x	7.01x	7.52x	6.94x
Goodwill	192M	193M	193M	193M	193M	193M	193M	193M	193M
Intangible Assets	0	0	0	0	0	0	0	0	0
Long-Term Investments	285M	212M	55M	36M	30M	85M	126M	132M	121M
Other Non-Current Assets	24M	25M	76M	73M	99M	92M	141M	63M	61M
Total Assets+	2.66B	3B	2.1B	2.27B	3.02B	2.71B	2.64B	2.53B	2.28B
Asset Turnover	1.13x	1.03x	1.60x	1.43x	1.01x	1.34x	1.37x	1.54x	1.53x
Asset Growth %	-	0.13%	-0.3%	0.08%	0.33%	-0.1%	-0.03%	-0.04%	-0.1%
Total Current Liabilities+	2.13B	2.55B	1.49B	1.39B	1.84B	1.51B	1.38B	1.37B	1.28B
Accounts Payable	736M	860M	916M	1.01B	1.02B	1.01B	1.05B	1.07B	972M
Days Payables Outstanding	121.5	141.52	135.14	153.07	157.73	132.37	138.44	131.64	137.19
Short-Term Debt	893M	1.03B	23M	12M	575M	216M	16M	16M	18M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	414M	573M	416M	295M	173M	187M	213M	189M	198M
Current Ratio	0.81x	0.82x	0.79x	0.86x	1.02x	1.00x	1.04x	1.02x	0.93x
Quick Ratio	0.76x	0.74x	0.67x	0.70x	0.89x	0.84x	0.84x	0.83x	0.71x
Cash Conversion Cycle	40.04	41.73	-28.65	-40.24	-17.54	-23.71	-15.96	-21.82	-22.77
Total Non-Current Liabilities+	1.75B	2.64B	3.2B	3.02B	3.49B	1.67B	1.38B	1.89B	1.67B
Long-Term Debt	0	0	1.57B	1.41B	1.08B	1.38B	1.15B	1.64B	1.46B
Capital Lease Obligations	0	0	0	28M	15M	42M	36M	33M	42M
Deferred Tax Liabilities	7M	956M	27M	51M	2M	21M	25M	27M	25M
Other Non-Current Liabilities	1.75B	1.69B	1.62B	1.53B	2.39B	227M	169M	185M	140M
Total Liabilities	3.88B	5.19B	4.64B	4.41B	5.33B	3.17B	2.75B	3.26B	2.95B
Total Debt+	893M	1.03B	1.59B	1.45B	1.67B	1.63B	1.2B	1.69B	1.52B
Net Debt	774M	729M	1.4B	1.26B	979M	1.17B	952M	1.43B	1.4B
Debt / Equity	-	-	-	-	-	-	-	-	-
Debt / EBITDA	1.65x	1.81x	2.65x	2.70x	4.46x	2.73x	2.16x	2.94x	2.76x
Net Debt / EBITDA	1.43x	1.28x	2.32x	2.35x	2.61x	1.95x	1.72x	2.49x	2.53x
Interest Coverage	68.43x	63.50x	27.58x	6.82x	3.60x	5.39x	5.61x	3.04x	2.95x
Total Equity+	-1.22B	-2.19B	-2.59B	-2.13B	-2.31B	-468M	-116M	-735M	-673M
Equity Growth %	-	-0.8%	-0.18%	0.18%	-0.08%	0.8%	0.75%	-5.34%	0.08%
Book Value per Share	-16.09	-28.92	-34.85	-28.09	-30.33	-6.71	-1.78	-4.41	-3.00
Total Shareholders' Equity	-1.22B	-2.19B	-2.59B	-2.13B	-2.31B	-468M	-116M	-735M	-673M
Common Stock	0	0	0	0	0	0	0	0	0
Retained Earnings	-1.46B	-2.43B	-2.67B	-2.28B	-2.21B	-1.79B	-1.49B	-1.92B	-1.65B
Treasury Stock	0	0	0	0	0	0	0	0	-306M
Accumulated OCI	243M	238M	73M	130M	-129M	-4M	36M	-3M	73M
Minority Interest	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	305M	71M	373M	242M	25M	-310M	375M	465M	408M
Operating CF Margin %	0.1%	0.02%	0.11%	0.07%	0.01%	-0.09%	0.1%	0.12%	0.12%
Operating CF Growth %	-	-0.77%	4.25%	-0.35%	-0.9%	-13.4%	2.21%	0.24%	-0.12%
Net Income	199M	-983M	1.21B	313M	80M	215M	206M	261M	282M
Depreciation & Amortization	61M	62M	77M	73M	87M	92M	84M	90M	90M
Stock-Based Compensation	0	0	0	0	0	0	0	0	0
Deferred Taxes	-39M	973M	-931M	-41M	-34M	-36M	46M	24M	7M
Other Non-Cash Items	-16M	0	80M	83M	77M	-127M	96M	89M	46M
Working Capital Changes	100M	19M	-59M	-186M	-185M	-454M	-57M	1M	-17M
Change in Receivables	-90M	-42M	-30M	32M	-162M	18M	-102M	1M	89M
Change in Inventory	2M	-46M	2M	-60M	-14M	-31M	-48M	12M	-48M
Change in Payables	82M	88M	63M	87M	41M	-75M	108M	8M	-52M
Cash from Investing+	-182M	30M	192M	-86M	-80M	-71M	-91M	-55M	-14M
Capital Expenditures	-84M	-103M	-95M	-102M	-80M	-72M	-91M	-83M	-91M
CapEx % of Revenue	0.03%	0.03%	0.03%	0.03%	0.03%	0.02%	0.03%	0.02%	0.03%
Acquisitions	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-
Other Investing	-14M	72M	-4M	16M	0	1M	0	28M	31M
Cash from Financing+	-149M	60M	-658M	-163M	530M	139M	-482M	-403M	-520M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	-83M	-42M	0
Share Repurchases	-	-	-	-	-	-	-	-	-
Other Financing	-95M	-19M	-1.49B	0	-17M	-69M	-4M	-1M	-10M
Net Change in Cash	-	-	-	-	-	-	-	-	-
Free Cash Flow+	221M	-32M	278M	140M	-55M	-382M	284M	382M	317M
FCF Margin %	0.07%	-0.01%	0.08%	0.04%	-0.02%	-0.11%	0.08%	0.1%	0.09%
FCF Growth %	-	-1.14%	9.69%	-0.5%	-1.39%	-5.95%	1.74%	0.35%	-0.17%
FCF per Share	2.91	-0.42	3.74	1.84	-0.72	-5.48	4.36	2.29	1.41
FCF Conversion (FCF/Net Income)	1.53x	-0.07x	0.32x	0.77x	0.31x	-0.63x	0.96x	1.78x	1.45x
Interest Paid	5M	5M	12M	54M	63M	61M	65M	89M	88M
Taxes Paid	73M	430M	76M	93M	44M	61M	42M	60M	64M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Invested Capital (ROIC)	-	-	-	-	-	54.17%	45.94%	47.55%	48.84%
Gross Margin	26.23%	28.36%	26.7%	25.92%	22.28%	23.64%	23.31%	23.37%	25.58%
Net Margin	6.64%	-31.75%	34.96%	9.64%	2.64%	13.63%	10.82%	6.72%	8.12%
Interest Coverage	68.43x	63.50x	27.58x	6.82x	3.60x	5.39x	5.61x	3.04x	2.95x
FCF Conversion	1.53x	-0.07x	0.32x	0.77x	0.31x	-0.63x	0.96x	1.78x	1.45x
Revenue Growth	-	3.3%	9.01%	-3.76%	-6.59%	19.74%	-0.83%	7.85%	-10.58%

Frequently Asked Questions

Valuation & Price

Garrett Motion Inc. (GTX) has a price-to-earnings (P/E) ratio of 15.3x. This is roughly in line with market averages.

Growth & Financials

Garrett Motion Inc. (GTX) reported $3.54B in revenue for fiscal year 2024. This represents a 18% increase from $3.00B in 2016.

Garrett Motion Inc. (GTX) saw revenue decline by 10.6% over the past year.

Yes, Garrett Motion Inc. (GTX) is profitable, generating $326.0M in net income for fiscal year 2024 (8.1% net margin).

Dividend & Returns

Garrett Motion Inc. (GTX) generated $372.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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Garrett Motion Inc. (GTX) 10-Year Financial Performance & Capital Metrics

GTX • • Industrial / General

Consumer CyclicalAuto Parts & EquipmentPowertrain & Drivetrain SystemsTransmission & Gear Systems

Revenue $3.48B -10.6%
EBITDA $553M -4.0%
Net Income $282M +8.0%
EPS (Diluted) 1.26 +506.5%
Gross Margin 25.58% +9.5%
EBITDA Margin 15.91% +7.4%
Operating Margin 13.32% +6.5%
Net Margin 8.12% +20.8%
ROE -
ROIC 48.84% +2.7%
Debt/Equity -
Interest Coverage 2.95 -2.9%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 84 (top 16%)
✓High quality earnings: Operating CF exceeds net income
✓Trading near 52-week high
✓Efficient asset utilization: 1.5x turnover

✗Weaknesses

✗Shares diluted 34.5% in last year

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y1.36%

3Y-1.47%

TTM-1.09%

Profit (Net Income) CAGR

10Y-

5Y-2.06%

3Y-17.1%

TTM39.32%

EPS CAGR

10Y-

5Y-21.1%

3Y-6.87%

TTM55.4%

ROCE

10Y Avg60.73%

5Y Avg38.43%

3Y Avg40.53%

Latest43.05%

Peer Comparison

Transmission & Gear Systems

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
PHINPHINIA Inc.	2.7B	70.12	39.84	-2.77%	2.63%	5.67%	7.53%	0.66
BWABorgWarner Inc.	10.4B	48.60	32.40	-0.81%	0.95%	2.18%	6.55%	0.76
GTXGarrett Motion Inc.	3.74B	19.22	15.25	-10.58%	9.22%		8.48%
ALSNAllison Transmission Holdings, Inc.	9.28B	111.55	13.42	6.26%	22.78%	37.97%	7.09%	1.47
GGRGogoro Inc.	45.8M	3.10	-0.34	-11.21%	-46.88%	-99.31%		2.23
WPRTWestport Fuel Systems Inc.	37.5M	2.16	-1.70	-8.89%	-37.88%	-75.62%		0.39
KNDIKandi Technologies Group, Inc.	83.69M	1.02	-1.73	3.21%	-49.1%	-14.35%		0.24
SESSES AI Corporation	693.77M	2.16	-6.97		-490.03%	-39.68%		0.04

Profit & Loss

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	3B	3.1B	3.38B	3.25B	3.03B	3.63B	3.6B	3.89B	3.48B
Revenue Growth %	-	0.03%	0.09%	-0.04%	-0.07%	0.2%	-0.01%	0.08%	-0.11%
Cost of Goods Sold+	2.21B	2.22B	2.47B	2.41B	2.36B	2.77B	2.76B	2.98B	2.59B
COGS % of Revenue	0.74%	0.72%	0.73%	0.74%	0.78%	0.76%	0.77%	0.77%	0.74%
Gross Profit+	786M	878M	901M	842M	676M	859M	840M	908M	889M
Gross Margin %	0.26%	0.28%	0.27%	0.26%	0.22%	0.24%	0.23%	0.23%	0.26%
Gross Profit Growth %	-	0.12%	0.03%	-0.07%	-0.2%	0.27%	-0.02%	0.08%	-0.02%
Operating Expenses+	307M	370M	377M	378M	388M	352M	369M	422M	426M
OpEx % of Revenue	0.1%	0.12%	0.11%	0.12%	0.13%	0.1%	0.1%	0.11%	0.12%
Selling, General & Admin	197M	249M	249M	249M	277M	216M	216M	247M	239M
SG&A % of Revenue	0.07%	0.08%	0.07%	0.08%	0.09%	0.06%	0.06%	0.06%	0.07%
Research & Development	110M	121M	128M	129M	111M	136M	153M	175M	187M
R&D % of Revenue	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.04%	0.05%	0.05%
Other Operating Expenses	0	0	0	0	0	0	0	0	0
Operating Income+	479M	508M	524M	464M	288M	507M	471M	486M	463M
Operating Margin %	0.16%	0.16%	0.16%	0.14%	0.09%	0.14%	0.13%	0.13%	0.13%
Operating Income Growth %	-	0.06%	0.03%	-0.11%	-0.38%	0.76%	-0.07%	0.03%	-0.05%
EBITDA+	540M	570M	601M	537M	375M	599M	555M	576M	553M
EBITDA Margin %	0.18%	0.18%	0.18%	0.17%	0.12%	0.16%	0.15%	0.15%	0.16%
EBITDA Growth %	-	0.06%	0.05%	-0.11%	-0.3%	0.6%	-0.07%	0.04%	-0.04%
D&A (Non-Cash Add-back)	61M	62M	77M	73M	87M	92M	84M	90M	90M
EBIT	257M	374M	415M	414M	199M	632M	580M	507M	500M
Net Interest Income+	9M	6M	-12M	-61M	-77M	-83M	-8M	-153M	-154M
Interest Income	16M	14M	7M	7M	3M	11M	76M	7M	3M
Interest Expense	7M	8M	19M	68M	80M	94M	84M	160M	157M
Other Income/Expense	-229M	-142M	-128M	-118M	-169M	31M	25M	-139M	-120M
Pretax Income+	250M	366M	396M	346M	119M	538M	496M	347M	343M
Pretax Margin %	0.08%	0.12%	0.12%	0.11%	0.04%	0.15%	0.14%	0.09%	0.1%
Income Tax+	51M	1.35B	-784M	33M	39M	43M	106M	86M	61M
Effective Tax Rate %	0.8%	-2.69%	2.98%	0.9%	0.67%	0.92%	0.79%	0.75%	0.82%
Net Income+	199M	-983M	1.18B	313M	80M	495M	390M	261M	282M
Net Margin %	0.07%	-0.32%	0.35%	0.1%	0.03%	0.14%	0.11%	0.07%	0.08%
Net Income Growth %	-	-5.94%	2.2%	-0.73%	-0.74%	5.19%	-0.21%	-0.33%	0.08%
Net Income (Continuing)	199M	-983M	1.21B	313M	80M	495M	390M	261M	282M
Discontinued Operations	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	2.62	-12.95	15.86	4.12	1.05	1.56	5.99	-0.31	1.26
EPS Growth %	-	-5.94%	2.22%	-0.74%	-0.75%	0.49%	2.84%	-1.05%	5.06%
EPS (Basic)	2.62	-13.26	15.93	4.20	1.06	7.10	6.03	-0.31	1.27
Diluted Shares Outstanding	75.9M	75.9M	74.4M	75.93M	76.1M	69.71M	65.08M	166.6M	224.12M
Basic Shares Outstanding	74.11M	74.11M	74.06M	74.6M	75.54M	69.71M	64.71M	166.6M	222.32M
Dividend Payout Ratio	-	-	-	-	-	-	0.21%	0.16%	-

Balance Sheet

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	1.73B	2.08B	1.18B	1.2B	1.88B	1.51B	1.43B	1.41B	1.19B
Cash & Short-Term Investments	447M	598M	196M	187M	693M	464M	248M	260M	126M
Cash Only	119M	300M	196M	187M	693M	464M	248M	260M	126M
Short-Term Investments	328M	298M	0	0	0	0	0	0	0
Accounts Receivable	1.16B	1.29B	750M	707M	863M	762M	857M	826M	705M
Days Sales Outstanding	140.91	152.32	81.11	79.45	103.82	76.56	86.82	77.58	74.05
Inventory	125M	188M	172M	220M	235M	244M	270M	263M	286M
Days Inventory Outstanding	20.64	30.94	25.38	33.37	36.38	32.11	35.67	32.23	40.37
Other Current Assets	4M	6M	47M	85M	26M	28M	40M	42M	60M
Total Non-Current Assets+	928M	913M	915M	1.08B	1.14B	1.2B	1.21B	1.12B	1.08B
Property, Plant & Equipment	371M	442M	438M	506M	541M	536M	514M	517M	501M
Fixed Asset Turnover	8.08x	7.00x	7.71x	6.42x	5.61x	6.78x	7.01x	7.52x	6.94x
Goodwill	192M	193M	193M	193M	193M	193M	193M	193M	193M
Intangible Assets	0	0	0	0	0	0	0	0	0
Long-Term Investments	285M	212M	55M	36M	30M	85M	126M	132M	121M
Other Non-Current Assets	24M	25M	76M	73M	99M	92M	141M	63M	61M
Total Assets+	2.66B	3B	2.1B	2.27B	3.02B	2.71B	2.64B	2.53B	2.28B
Asset Turnover	1.13x	1.03x	1.60x	1.43x	1.01x	1.34x	1.37x	1.54x	1.53x
Asset Growth %	-	0.13%	-0.3%	0.08%	0.33%	-0.1%	-0.03%	-0.04%	-0.1%
Total Current Liabilities+	2.13B	2.55B	1.49B	1.39B	1.84B	1.51B	1.38B	1.37B	1.28B
Accounts Payable	736M	860M	916M	1.01B	1.02B	1.01B	1.05B	1.07B	972M
Days Payables Outstanding	121.5	141.52	135.14	153.07	157.73	132.37	138.44	131.64	137.19
Short-Term Debt	893M	1.03B	23M	12M	575M	216M	16M	16M	18M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	414M	573M	416M	295M	173M	187M	213M	189M	198M
Current Ratio	0.81x	0.82x	0.79x	0.86x	1.02x	1.00x	1.04x	1.02x	0.93x
Quick Ratio	0.76x	0.74x	0.67x	0.70x	0.89x	0.84x	0.84x	0.83x	0.71x
Cash Conversion Cycle	40.04	41.73	-28.65	-40.24	-17.54	-23.71	-15.96	-21.82	-22.77
Total Non-Current Liabilities+	1.75B	2.64B	3.2B	3.02B	3.49B	1.67B	1.38B	1.89B	1.67B
Long-Term Debt	0	0	1.57B	1.41B	1.08B	1.38B	1.15B	1.64B	1.46B
Capital Lease Obligations	0	0	0	28M	15M	42M	36M	33M	42M
Deferred Tax Liabilities	7M	956M	27M	51M	2M	21M	25M	27M	25M
Other Non-Current Liabilities	1.75B	1.69B	1.62B	1.53B	2.39B	227M	169M	185M	140M
Total Liabilities	3.88B	5.19B	4.64B	4.41B	5.33B	3.17B	2.75B	3.26B	2.95B
Total Debt+	893M	1.03B	1.59B	1.45B	1.67B	1.63B	1.2B	1.69B	1.52B
Net Debt	774M	729M	1.4B	1.26B	979M	1.17B	952M	1.43B	1.4B
Debt / Equity	-	-	-	-	-	-	-	-	-
Debt / EBITDA	1.65x	1.81x	2.65x	2.70x	4.46x	2.73x	2.16x	2.94x	2.76x
Net Debt / EBITDA	1.43x	1.28x	2.32x	2.35x	2.61x	1.95x	1.72x	2.49x	2.53x
Interest Coverage	68.43x	63.50x	27.58x	6.82x	3.60x	5.39x	5.61x	3.04x	2.95x
Total Equity+	-1.22B	-2.19B	-2.59B	-2.13B	-2.31B	-468M	-116M	-735M	-673M
Equity Growth %	-	-0.8%	-0.18%	0.18%	-0.08%	0.8%	0.75%	-5.34%	0.08%
Book Value per Share	-16.09	-28.92	-34.85	-28.09	-30.33	-6.71	-1.78	-4.41	-3.00
Total Shareholders' Equity	-1.22B	-2.19B	-2.59B	-2.13B	-2.31B	-468M	-116M	-735M	-673M
Common Stock	0	0	0	0	0	0	0	0	0
Retained Earnings	-1.46B	-2.43B	-2.67B	-2.28B	-2.21B	-1.79B	-1.49B	-1.92B	-1.65B
Treasury Stock	0	0	0	0	0	0	0	0	-306M
Accumulated OCI	243M	238M	73M	130M	-129M	-4M	36M	-3M	73M
Minority Interest	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	305M	71M	373M	242M	25M	-310M	375M	465M	408M
Operating CF Margin %	0.1%	0.02%	0.11%	0.07%	0.01%	-0.09%	0.1%	0.12%	0.12%
Operating CF Growth %	-	-0.77%	4.25%	-0.35%	-0.9%	-13.4%	2.21%	0.24%	-0.12%
Net Income	199M	-983M	1.21B	313M	80M	215M	206M	261M	282M
Depreciation & Amortization	61M	62M	77M	73M	87M	92M	84M	90M	90M
Stock-Based Compensation	0	0	0	0	0	0	0	0	0
Deferred Taxes	-39M	973M	-931M	-41M	-34M	-36M	46M	24M	7M
Other Non-Cash Items	-16M	0	80M	83M	77M	-127M	96M	89M	46M
Working Capital Changes	100M	19M	-59M	-186M	-185M	-454M	-57M	1M	-17M
Change in Receivables	-90M	-42M	-30M	32M	-162M	18M	-102M	1M	89M
Change in Inventory	2M	-46M	2M	-60M	-14M	-31M	-48M	12M	-48M
Change in Payables	82M	88M	63M	87M	41M	-75M	108M	8M	-52M
Cash from Investing+	-182M	30M	192M	-86M	-80M	-71M	-91M	-55M	-14M
Capital Expenditures	-84M	-103M	-95M	-102M	-80M	-72M	-91M	-83M	-91M
CapEx % of Revenue	0.03%	0.03%	0.03%	0.03%	0.03%	0.02%	0.03%	0.02%	0.03%
Acquisitions	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-
Other Investing	-14M	72M	-4M	16M	0	1M	0	28M	31M
Cash from Financing+	-149M	60M	-658M	-163M	530M	139M	-482M	-403M	-520M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	-83M	-42M	0
Share Repurchases	-	-	-	-	-	-	-	-	-
Other Financing	-95M	-19M	-1.49B	0	-17M	-69M	-4M	-1M	-10M
Net Change in Cash	-	-	-	-	-	-	-	-	-
Free Cash Flow+	221M	-32M	278M	140M	-55M	-382M	284M	382M	317M
FCF Margin %	0.07%	-0.01%	0.08%	0.04%	-0.02%	-0.11%	0.08%	0.1%	0.09%
FCF Growth %	-	-1.14%	9.69%	-0.5%	-1.39%	-5.95%	1.74%	0.35%	-0.17%
FCF per Share	2.91	-0.42	3.74	1.84	-0.72	-5.48	4.36	2.29	1.41
FCF Conversion (FCF/Net Income)	1.53x	-0.07x	0.32x	0.77x	0.31x	-0.63x	0.96x	1.78x	1.45x
Interest Paid	5M	5M	12M	54M	63M	61M	65M	89M	88M
Taxes Paid	73M	430M	76M	93M	44M	61M	42M	60M	64M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Invested Capital (ROIC)	-	-	-	-	-	54.17%	45.94%	47.55%	48.84%
Gross Margin	26.23%	28.36%	26.7%	25.92%	22.28%	23.64%	23.31%	23.37%	25.58%
Net Margin	6.64%	-31.75%	34.96%	9.64%	2.64%	13.63%	10.82%	6.72%	8.12%
Interest Coverage	68.43x	63.50x	27.58x	6.82x	3.60x	5.39x	5.61x	3.04x	2.95x
FCF Conversion	1.53x	-0.07x	0.32x	0.77x	0.31x	-0.63x	0.96x	1.78x	1.45x
Revenue Growth	-	3.3%	9.01%	-3.76%	-6.59%	19.74%	-0.83%	7.85%	-10.58%

Frequently Asked Questions

Valuation & Price

Garrett Motion Inc. (GTX) has a price-to-earnings (P/E) ratio of 15.3x. This is roughly in line with market averages.

Growth & Financials

Garrett Motion Inc. (GTX) reported $3.54B in revenue for fiscal year 2024. This represents a 18% increase from $3.00B in 2016.

Garrett Motion Inc. (GTX) saw revenue decline by 10.6% over the past year.

Yes, Garrett Motion Inc. (GTX) is profitable, generating $326.0M in net income for fiscal year 2024 (8.1% net margin).

Dividend & Returns

Garrett Motion Inc. (GTX) generated $372.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.