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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,438	3,475	3,886	3,603	3,633	3,034
Revenue Growth (YoY)	-10.26%	-10.58%	7.85%	-0.83%	19.74%	-6.59%
Cost of Revenue	2,726	2,770	3,130	2,920	2,926	2,485
Gross Profit	712	705	756	683	707	549
Selling, General & Admin	222	227	240	179	203	263
Other Operating Expenses	-	-	-	-	-	2
Operating Expenses	222	227	240	179	203	265
Operating Income	490	478	516	504	504	284
Interest Expense	-154	-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)	-13	-4	-6	-2	-14	35
Other Non Operating Income (Expenses)	-7	-6	-18	-2	-1	-2
EBT Excluding Unusual Items	321	317	347	501	414	246
Merger & Restructuring Charges	-	-	-	-	-	-10
Gain (Loss) on Sale of Investments	27	27	-	-	-	-
Legal Settlements	-	-	-	-	-	-3
Other Unusual Items	-1	-1	-	-5	124	-114
Pretax Income	347	343	347	496	538	119
Income Tax Expense	69	61	86	106	43	39
Net Income	278	282	261	390	495	80
Preferred Dividends & Other Adjustments	-	-	312	341	377	-
Net Income to Common	278	282	-51	49	118	80
Net Income Growth	13.01%	8.05%	-33.08%	-21.21%	518.75%	-74.44%
Shares Outstanding (Basic)	214	222	167	65	70	76
Shares Outstanding (Diluted)	216	224	167	65	318	76
Shares Change (YoY)	3.24%	34.53%	156.00%	-79.50%	317.22%	0.22%
EPS (Basic)	1.30	1.27	-0.31	0.76	1.69	1.06
EPS (Diluted)	1.28	1.26	-0.31	0.75	1.56	1.05
EPS Growth	-	-	-	-51.89%	48.48%	-74.52%
Free Cash Flow	295	317	382	284	-382	-55
Free Cash Flow Per Share	1.36	1.41	2.29	4.36	-1.20	-0.72
Gross Margin	20.71%	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	8.09%	8.12%	-1.31%	1.36%	3.25%	2.64%
Free Cash Flow Margin	8.58%	9.12%	9.83%	7.88%	-10.51%	-1.81%
EBITDA	580	568	606	588	596	370
EBITDA Margin	16.87%	16.35%	15.59%	16.32%	16.41%	12.20%
D&A For EBITDA	90	90	90	84	92	86
EBIT	490	478	516	504	504	284
EBIT Margin	14.25%	13.76%	13.28%	13.99%	13.87%	9.36%
Effective Tax Rate	19.89%	17.78%	24.78%	21.37%	7.99%	32.77%

Updated May 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q