Garrett Motion

Garrett Motion, Inc. provides automobile technology. The firm engages in the design, manufacture, and sale of engineered turbocharger, electric-boosting technologies for light and commercial vehicle original equipment manufacturers (OEMs) and the global vehicle independent aftermarket as well as automotive software solutions. It offers light vehicle gasoline, light vehicle diesel, and commercial vehicle turbochargers that enhance vehicle performance, fuel economy and drivability. The company was founded on March 14, 2018 and is headquartered in Rolle, Switzerland.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Garrett Motion excels in Q4 2022, eyes growth through electrification

Garrett Motion's strong financial performance in Q4 2022 and full-year results reflect resilience and strategic management amidst market challenges.
The company's focus on differentiated technologies, electrification solutions, and cost management positions it well for sustained growth and profitability.
With a positive outlook for 2023, Garrett aims to leverage opportunities in the evolving automotive landscape while addressing potential challenges effectively.

Garrett Motion excels in Q1, targets $1B revenue from EV tech

Garrett Motion delivered a robust performance in Q1 2023, marked by revenue growth, improved EBITDA, and enhanced financial metrics, underlining their operational strength and strategic focus.
The company's emphasis on electric vehicle technologies, capital structure normalization, and positive outlook for continued growth signal a promising trajectory for future success and shareholder value.
While challenges exist in navigating market dynamics and technology transitions, Garrett Motion's proactive approach and confidence in execution position them to seize opportunities and drive sustainable growth.

Garrett Motion excels in Q2, targets $1B in zero-emission sales

Garrett Motion's Q2 2023 earnings call highlighted impressive financial performance, successful capital restructuring, and strategic wins in key markets, underscoring its growth trajectory and market resilience.
The company's focus on zero-emission technologies, strong regional sales distribution, and partnerships with industry leaders position it well for future growth and innovation, despite potential challenges in meeting ambitious targets.
With a clear commitment to sustainability, innovation, and market expansion, Garrett Motion is poised to navigate industry shifts, capitalize on emerging opportunities, and drive long-term value for stakeholders.

Garrett Motion excels in Q3 amidst currency challenges and innovation

Garrett Motion delivered robust financials in Q3 2023, driven by product innovation and strategic focus.
While facing challenges from currency fluctuations and market dynamics, the company eyes growth opportunities.
With a target EBITDA margin set for 2024 and a focus on zero-emission technologies, Garrett Motion navigates towards future success.

Garrett Motion reports record 2023 earnings, eyes zero emission growth

Garrett Motion's robust financial performance in 2023 and strategic initiatives to invest in zero emission technologies underscore its commitment to sustainable growth and shareholder value.
While facing challenges in a potentially stagnant market in 2024, Garrett's strong liquidity position, competitive turbo business, and focus on innovation provide a solid foundation for navigating uncertainties.
By seizing opportunities in the zero emission technology sector and leveraging its market strengths, Garrett is well-positioned to drive future growth and achieve its ambitious sales targets by 2030.

Garrett Motion reports robust Q1 earnings, eyes growth opportunities

Garrett Motion's Q1 2024 performance showcased strong financial metrics, strategic financial decisions, and a focus on turbo offerings and operational efficiency. While facing challenges in net sales due to industry softness, the company maintains a solid liquidity position and growth opportunities in key segments.

Garrett Motion reports strong Q2 performance and focuses on technology advancements

Garrett Motion's Q2 2024 earnings call showcased solid financial performance, strategic advancements in technology, and a focus on shareholder value. Despite facing challenges from industry softness and commodity deflation, the company remains optimistic about its outlook and opportunities for growth.

Garrett Motion reports robust Q3 performance and eyes innovation opportunities

Garrett Motion's Q3 performance showcased operational strength and financial resilience.
The company's strategic focus on innovation and shareholder value creation bodes well for future growth.
While facing challenges in market conditions and industry pressures, Garrett Motion remains poised for opportunities in new technologies.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Garrett Motion, Inc. provides automobile technology. The firm engages in the design, manufacture, and sale of engineered turbocharger, electric motor technologies for original equipment manufacturers and distributors within the mobility and industrial space. It offers light vehicle gasoline, light vehicle diesel, and commercial vehicle turbochargers. The company was founded on March 14, 2018 and is headquartered in Rolle, Switzerland.

LOS ANGELES--(BUSINESS WIRE)---- $GTX #GTX--INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Garrett Motion Inc.

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Garrett Motion Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm

NEW YORK, Sept. 21, 2020 /PRNewswire/ -- Fulgent Genetics Inc. (NASD: FLGT) will replace Garrett Motion Inc. (NYSE: GTX) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, September 25. Garrett Motion is filing for bankruptcy protection and is ineligible for...

Fulgent Genetics Set to Join S&P SmallCap 600

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of Garrett Motion Inc. (NYSE: GTX) resulting from allegations that Garrett may have issued materially misleading business information to the investing public. On August 26, 2020, Garrett disclosed that the Company's “leveraged capital structure poses significant challenges to its overall strategic and financial flexibility and may impa

EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Garrett Motion Inc. – GTX

Switzerland-based auto-parts manufacturer Garrett Motion Inc (NYSE: GTX) has voluntarily filed for Chapter 11 bankruptcy protection and proposed a $2.1 billion sale of its business to KPS Capital Partners, LP.

Garrett Files For Bankruptcy Protection Amid Fall Out With Honeywell

ROLLE, Switzerland--(BUSINESS WIRE)--Garrett Motion Inc. (“Garrett” or the “Company”) (NYSE: GTX) today announced that it has entered into an agreement with KPS Capital Partners, LP (“KPS”) with respect to a potential purchase of its business and commenced voluntary Chapter 11 cases with the United States Bankruptcy Court for the Southern District of New York in order to implement the purchase. In connection with its reorganization, the Company has entered into a Restructuring Support Agreement

Garrett Motion Enters Into Definitive Transaction Agreement and Initiates Voluntary Reorganization in Chapter 11 to Remedy Capital Structure and Support Growth

LOS ANGELES--(BUSINESS WIRE)---- $GTX #GTX--INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Garrett Motion Inc.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Garrett Motion Inc. and Encourages Investors with Losses of $100,000 to Contact the Firm

BENSALEM, Pa.--(BUSINESS WIRE)---- $GTX #classaction--INVESTOR ALERT: Law Offices of Howard G.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Garrett Motion Inc.

The maker of turbocharging systems is bucking the market trend in a big way.

Why Garrett Motion Stock Soared 30% Today

NEW YORK--(BUSINESS WIRE)--Bernstein Liebhard, a nationally acclaimed investor rights law firm, is investigating potential securities fraud claims on behalf of shareholders of Garrett Motion Inc. ("Garrett" or the "Company") (NYSE: GTX) resulting from allegations that Garrett might have issued misleading information to the investing public.

GTX LOSSES ALERT: Bernstein Liebhard is Investigating Garrett Motion Inc. for Violations of the Securities Laws

GTX INVESTIGATION ALERT: Bernstein Liebhard is Investigating Garrett Motion Inc. For Violations of the Securities Laws

LOS ANGELES--(BUSINESS WIRE)---- $GTX #classaction--The Law Offices of Frank R. Cruz announces an investigation on behalf of Garrett Motion Inc.

The Law Offices of Frank R. Cruz Announces Investigation of Garrett Motion Inc.

High leverage and potential liabilities to former parent Honeywell have forced the transportation systems supplier to look into restructuring its balance sheet.

Why Garrett Motion Stock Tanked More Than 40% Today

ROLLE, Switzerland--(BUSINESS WIRE)--Garrett Motion Inc. (NYSE: GTX), a cutting-edge technology provider that enables vehicles to become safer, more connected, efficient and environmentally friendly, today announced that, with the assistance of its financial and legal advisors, it is exploring alternatives for addressing its previously disclosed balance sheet concerns.

Garrett Motion Exploring Alternatives for Balance Sheet Restructuring

Investors need to pay close attention to Garrett Motion (GTX) stock based on the movements in the options market lately.

Are Options Traders Betting on a Big Move in Garrett Motion (GTX) Stock?

Q2 reported results reflect general weakness in the global economy driven by Covid-19 but provide an interesting peak into a “post-Covid World”.

Garrett Motion: A Moderate Risk And High Reward Play On A Post-Covid World

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Garrett Motion (GTX) Stock Undervalued Right Now?

Garrett Motion Inc. (GTX) CEO Olivier Rabiller on Q2 2020 Results - Earnings Call Transcript

Garrett Motion (GTX) delivered earnings and revenue surprises of 110.77% and 33.99%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Garrett Motion (GTX) Q2 Earnings and Revenues Surpass Estimates

Shares of Garrett Motion (NYSE:GTX) moved lower by 0.6% in pre-market trading after the company reported Q2 results.

Recap: Garrett Motion Q2 Earnings

ROLLE, Switzerland--(BUSINESS WIRE)--Garrett Motion Inc. (NYSE: GTX), a leading differentiated technology provider for the automotive industry, today announced its financial results for the second quarter and six months ended June 30, 2020.

Garrett Motion Reports Second Quarter 2020 Financial Results

Garrett Motion: An Opportunity For Your Stock Portfolio

Garrett Motion (GTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Garrett Motion (GTX) to Report a Decline in Earnings: What to Look Out for

AEGON

Biomerica

Arcimoto

Gaia

Harmony Gold Mining Co Ltd

Nomura Holdings

Here are seven cheap stocks to buy in the second half of the year. They come with risk, but are likely to offer head-turning reward potential, too.

The 7 Best Cheap Stocks Under $10 Right Now

ROLLE, Switzerland--(BUSINESS WIRE)--Garrett Motion Inc. (NYSE: GTX), a leading differentiated technology provider into the automotive industry, today announced it plans to issue financial results for the second quarter and six months ended June 30, 2020 on Thursday, July 30, 2020 before the opening of The New York Stock Exchange.

Garrett Motion to Hold Second Quarter 2020 Conference Call on Thursday, July 30, 2020

As of late, it has definitely been a great time to be an investor in Garrett Motion.

News for Garrett Motion Stock (GTX)