Garrett Motion Inc. (GTX)

Garrett Motion Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,537	3,475	3,886	3,603	3,633	3,034
Revenue Growth (YoY)	-1.09%	-10.58%	7.85%	-0.83%	19.74%	-6.59%
Cost of Revenue	2,809	2,770	3,130	2,920	2,926	2,485
Gross Profit	728	705	756	683	707	549
Selling, General & Admin	224	227	240	179	203	263
Other Operating Expenses	-	-	-	-	-	2
Operating Expenses	224	227	240	179	203	265
Operating Income	504	478	516	504	504	284
Interest Expense	-109	-156	-159	-8	-83	-79
Interest & Investment Income	3	3	7	2	1	3
Earnings From Equity Investments	2	2	7	7	7	5
Currency Exchange Gain (Loss)	-5	-4	-6	-2	-14	35
Other Non Operating Income (Expenses)	-6	-6	-18	-2	-1	-2
EBT Excluding Unusual Items	389	317	347	501	414	246
Merger & Restructuring Charges	-	-	-	-	-	-10
Gain (Loss) on Sale of Investments	-	27	-	-	-	-
Legal Settlements	-	-	-	-	-	-3
Other Unusual Items	-1	-1	-	-5	124	-114
Pretax Income	388	343	347	496	538	119
Income Tax Expense	62	61	86	106	43	39
Net Income	326	282	261	390	495	80
Preferred Dividends & Other Adjustments	-	-	312	341	377	-
Net Income to Common	326	282	-51	49	118	80
Net Income Growth	39.32%	8.05%	-33.08%	-21.21%	518.75%	-74.44%
Shares Outstanding (Basic)	204	222	167	65	70	76
Shares Outstanding (Diluted)	207	224	167	65	318	76
Shares Change (YoY)	-10.33%	34.53%	156.00%	-79.50%	317.22%	0.22%
EPS (Basic)	1.60	1.27	-0.31	0.76	1.69	1.06
EPS (Diluted)	1.57	1.26	-0.31	0.75	1.56	1.05
EPS Growth	55.05%	-	-	-51.89%	48.48%	-74.52%
Free Cash Flow	372	317	382	284	-382	-55
Free Cash Flow Per Share	1.79	1.41	2.29	4.36	-1.20	-0.72
Gross Margin	20.58%	20.29%	19.45%	18.96%	19.46%	18.09%
Operating Margin	14.25%	13.76%	13.28%	13.99%	13.87%	9.36%
Profit Margin	9.22%	8.12%	-1.31%	1.36%	3.25%	2.64%
Free Cash Flow Margin	10.52%	9.12%	9.83%	7.88%	-10.51%	-1.81%
EBITDA	597	568	606	588	596	370
EBITDA Margin	16.88%	16.35%	15.59%	16.32%	16.41%	12.20%
D&A For EBITDA	93	90	90	84	92	86
EBIT	504	478	516	504	504	284
EBIT Margin	14.25%	13.76%	13.28%	13.99%	13.87%	9.36%
Effective Tax Rate	15.98%	17.78%	24.78%	21.37%	7.99%	32.77%

Updated Oct 23, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q