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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	3,461	3,475	3,886	3,603	3,633	3,034
Revenue Growth (YoY)	-6.71%	-10.58%	7.85%	-0.83%	19.74%	-6.59%
Cost of Revenue	2,753	2,770	3,130	2,920	2,926	2,485
Gross Profit	708	705	756	683	707	549
Selling, General & Admin	219	227	240	179	203	263
Other Operating Expenses	-	-	-	-	-	2
Operating Expenses	219	227	240	179	203	265
Operating Income	489	478	516	504	504	284
Interest Expense	-117	-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)	8	-4	-6	-2	-14	35
Other Non Operating Income (Expenses)	-22	-6	-18	-2	-1	-2
EBT Excluding Unusual Items	363	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	362	343	347	496	538	119
Income Tax Expense	61	61	86	106	43	39
Net Income	301	282	261	390	495	80
Preferred Dividends & Other Adjustments	-	-	312	341	377	-
Net Income to Common	301	282	-51	49	118	80
Net Income Growth	25.94%	8.05%	-33.08%	-21.21%	518.75%	-74.44%
Shares Outstanding (Basic)	209	222	167	65	70	76
Shares Outstanding (Diluted)	211	224	167	65	318	76
Shares Change (YoY)	-11.92%	34.53%	156.00%	-79.50%	317.22%	0.22%
EPS (Basic)	1.44	1.27	-0.31	0.76	1.69	1.06
EPS (Diluted)	1.43	1.26	-0.31	0.75	1.56	1.05
EPS Growth	42.92%	-	-	-51.89%	48.48%	-74.52%
Free Cash Flow	329	317	382	284	-382	-55
Free Cash Flow Per Share	1.56	1.41	2.29	4.36	-1.20	-0.72
Gross Margin	20.46%	20.29%	19.45%	18.96%	19.46%	18.09%
Operating Margin	14.13%	13.76%	13.28%	13.99%	13.87%	9.36%
Profit Margin	8.70%	8.12%	-1.31%	1.36%	3.25%	2.64%
Free Cash Flow Margin	9.51%	9.12%	9.83%	7.88%	-10.51%	-1.81%
EBITDA	580	568	606	588	596	370
EBITDA Margin	16.76%	16.35%	15.59%	16.32%	16.41%	12.20%
D&A For EBITDA	91	90	90	84	92	86
EBIT	489	478	516	504	504	284
EBIT Margin	14.13%	13.76%	13.28%	13.99%	13.87%	9.36%
Effective Tax Rate	16.85%	17.78%	24.78%	21.37%	7.99%	32.77%

Updated Jul 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q