Garrett Motion Inc - Understand $gtx stock

$GTX Market Cap: $1.666 Billion

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Financial Snapshot

Revenue

$3.576B

TTM

Gross Margin

19.92%

TTM

Net Earnings

$234.0M

TTM

Current Assets

$1.143B

Q3 2024

Current Liabilities

$1.222B

Q3 2024

Current Ratio

93.54%

Q3 2024

Total Assets

$2.155B

Q3 2024

Total Liabilities

$2.933B

Q3 2024

Book Value

-$778.0M

Q3 2024

Cash

$96.00M

Q3 2024

P/E

7.119

Nov 14, 2024 EST

Free Cash Flow

$317.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$3.886B	$3.603B	$3.633B	$3.034B	$3.248B	$3.375B	$3.096B	$2.997B	$2.908B
YoY Change	7.85%	-0.83%	19.74%	-6.59%	-3.76%	9.01%	3.3%	3.06%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	$3.886B	$3.603B	$3.633B	$3.034B	$3.248B	$3.375B	$3.096B	$2.997B	$2.908B
Cost Of Revenue	$3.130B	$2.920B	$2.926B	$2.495B	$2.555B	$2.599B	$2.361B	$2.365B	$2.179B
Gross Profit	$756.0M	$683.0M	$707.0M	$539.0M	$693.0M	$776.0M	$735.0M	$632.0M	$729.0M
Gross Profit Margin	19.45%	18.96%	19.46%	17.77%	21.34%	22.99%	23.74%	21.09%	25.07%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Selling, General & Admin	$247.0M	$216.0M	$216.0M	$260.0M	$231.0M	$249.0M	$249.0M	$197.0M	$186.0M
YoY Change	14.35%	0.0%	-16.92%	12.55%	-7.23%	0.0%	26.4%	5.91%
% of Gross Profit	32.67%	31.63%	30.55%	48.24%	33.33%	32.09%	33.88%	31.17%	25.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$90.00M	$84.00M	$92.00M	$86.00M	$73.00M	$72.00M	$64.00M	$59.00M	$64.00M
YoY Change	7.14%	-8.7%	6.98%	17.81%	1.39%	12.5%	8.47%	-7.81%
% of Gross Profit	11.9%	12.3%	13.01%	15.96%	10.53%	9.28%	8.71%	9.34%	8.78%
Operating Expenses	$247.0M	$216.0M	$216.0M	$260.0M	$231.0M	$249.0M	$249.0M	$197.0M	$353.0M
YoY Change	14.35%	0.0%	-16.92%	12.55%	-7.23%	0.0%	26.4%	-44.19%
Operating Profit	$509.0M	$467.0M	$491.0M	$279.0M	$462.0M	$527.0M	$486.0M	$435.0M	$376.0M
YoY Change	8.99%	-4.89%	75.99%	-39.61%	-12.33%	8.44%	11.72%	15.69%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Interest Expense	$159.0M	$82.00M	$93.00M	$79.00M	$68.00M	$19.00M	$8.000M	$7.000M	$1.000M
YoY Change	93.9%	-11.83%	17.72%	16.18%	257.89%	137.5%	14.29%	600.0%
% of Operating Profit	31.24%	17.56%	18.94%	28.32%	14.72%	3.61%	1.65%	1.61%	0.27%
Other Income/Expense, Net	$2.000M	$121.0M	$16.00M	$38.00M	-$8.000M	$8.000M	$18.00M	$5.000M	-$9.000M
YoY Change	-98.35%	656.25%	-57.89%	-575.0%	-200.0%	-55.56%	260.0%	-155.56%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015
Pretax Income	$347.0M	$496.0M	$538.0M	$119.0M	$346.0M	$396.0M	$366.0M	$250.0M	$368.0M
YoY Change	-30.04%	-7.81%	352.1%	-65.61%	-12.63%	8.2%	46.4%	-32.07%
Income Tax	$86.00M	$106.0M	$43.00M	$39.00M	$33.00M	-$810.0M	$1.349B	$51.00M	$114.0M
% Of Pretax Income	24.78%	21.37%	7.99%	32.77%	9.54%	-204.55%	368.58%	20.4%	30.98%
Net Earnings	$261.0M	$390.0M	$495.0M	$80.00M	$313.0M	$1.206B	-$983.0M	$199.0M	$254.0M
YoY Change	-33.08%	-21.21%	518.75%	-74.44%	-74.05%	-222.69%	-593.97%	-21.65%
Net Earnings / Revenue	6.72%	10.82%	13.63%	2.64%	9.64%	35.73%	-31.75%	6.64%	8.73%
Basic Earnings Per Share	-$0.31	$0.75	$1.69	$1.06	$4.20	$16.28	-$13.27	$2.69
Diluted Earnings Per Share	-$0.31	$0.75	$1.56	$1.05	$4.12	$16.21	-$13.27	$2.69	$3.428M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments	$259.0M	$246.0M	$423.0M	$592.0M	$187.0M	$196.0M	$598.0M	$447.0M
YoY Change	5.28%	-41.84%	-28.55%	216.58%	-4.59%	-67.22%	33.78%
Cash & Equivalents	$259.0M	$246.0M	$423.0M	$592.0M	$187.0M	$196.0M	$300.0M	$119.0M
Short-Term Investments							$298.0M	$328.0M
Other Short-Term Assets	$58.00M	$100.0M	$82.00M	$189.0M	$85.00M	$61.00M	$23.00M	$20.00M
YoY Change	-42.0%	21.95%	-56.61%	122.35%	39.34%	165.22%	15.0%
Inventory	$263.0M	$270.0M	$244.0M	$235.0M	$220.0M	$172.0M	$188.0M	$125.0M
Prepaid Expenses
Receivables	$608.0M	$610.0M	$669.0M	$764.0M	$638.0M	$683.0M	$672.0M	$582.0M
Other Receivables	$218.0M	$205.0M	$93.00M	$99.00M	$69.00M	$67.00M	$603.0M	$559.0M
Total Short-Term Assets	$1.406B	$1.431B	$1.511B	$1.879B	$1.199B	$1.179B	$2.084B	$1.733B
YoY Change	-1.75%	-5.29%	-19.58%	56.71%	1.7%	-43.43%	20.25%
Property, Plant & Equipment	$517.0M	$514.0M	$536.0M	$541.0M	$506.0M	$438.0M	$442.0M	$371.0M
YoY Change	0.58%	-4.1%	-0.92%	6.92%	15.53%	-0.9%	19.14%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$29.00M	$30.00M	$28.00M	$30.00M	$36.00M	$39.00M	$38.00M	$39.00M
YoY Change	-3.33%	7.14%	-6.67%	-16.67%	-7.69%	2.63%	-2.56%
Other Assets	$362.0M	$447.0M	$438.0M	$374.0M	$341.0M	$275.0M	$217.0M	$243.0M
YoY Change	-19.02%	2.05%	17.11%	9.68%	24.0%	26.73%	-10.7%
Total Long-Term Assets	$1.121B	$1.206B	$1.195B	$1.138B	$1.076B	$945.0M	$913.0M	$928.0M
YoY Change	-7.05%	0.92%	5.01%	5.76%	13.86%	3.5%	-1.62%
Total Assets	$2.527B	$2.637B	$2.706B	$3.017B	$2.275B	$2.124B	$2.997B	$2.661B
YoY Change
Accounts Payable	$1.074B	$1.048B	$1.006B	$1.019B	$1.009B	$916.0M	$860.0M	$736.0M
YoY Change	2.48%	4.17%	-1.28%	0.99%	10.15%	6.51%	16.85%
Accrued Expenses	$225.0M	$202.0M	$247.0M	$203.0M	$298.0M	$374.0M	$550.0M	$449.0M
YoY Change	11.39%	-18.22%	21.67%	-31.88%	-20.32%	-32.0%	22.49%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$570.0M	$0.00	$0.00	$1.029B	$893.0M
YoY Change			-100.0%			-100.0%	15.23%
Long-Term Debt Due	$7.000M	$7.000M	$7.000M	$0.00	$4.000M	$23.00M
YoY Change	0.0%	0.0%		-100.0%	-82.61%
Total Short-Term Liabilities	$1.374B	$1.375B	$1.508B	$1.837B	$1.392B	$1.440B	$2.548B	$2.129B
YoY Change	-0.07%	-8.82%	-17.91%	31.97%	-3.33%	-43.49%	19.68%
Long-Term Debt	$1.643B	$1.148B	$1.376B	$1.082B	$1.409B	$1.569B	$0.00	$0.00
YoY Change	43.12%	-16.57%	27.17%	-23.21%	-10.2%
Other Long-Term Liabilities	$218.0M	$205.0M	$269.0M	$2.404B	$1.556B	$1.619B	$1.688B	$1.746B
YoY Change	6.34%	-23.79%	-88.81%	54.5%	-3.89%	-4.09%	-3.32%
Total Long-Term Liabilities	$1.861B	$1.353B	$1.645B	$3.486B	$2.965B	$3.188B	$1.688B	$1.746B
YoY Change	37.55%	-17.75%	-52.81%	17.57%	-6.99%	88.86%	-3.32%
Total Liabilities	$3.262B	$2.753B	$3.174B	$5.325B	$4.408B	$4.641B	$5.192B	$3.882B
YoY Change	18.49%	-13.26%	-40.39%	20.8%	-5.02%	-10.61%	33.75%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Basic Shares Outstanding	166.6M shares	64.71M shares	69.71M shares	75.54M shares	74.60M shares	74.06M	74.07M	74.07M
Diluted Shares Outstanding	166.6M shares	65.08M shares	317.5M shares	76.10M shares	75.93M shares	74.40M	74.07M	74.07M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $1.6658 Billion

About Garrett Motion Inc

Garrett Motion, Inc. provides automobile technology. The company is headquartered in Rolle, Vaud and currently employs 7,600 full-time employees. The company went IPO on 2018-10-04. The firm designs, manufactures and sells turbocharger and electric boosting technologies for light and commercial vehicle original equipment manufacturers (OEMs) and the aftermarket. The firm offers turbochargers for gasoline, diesel, natural gas and electrified (hybrid and fuel cell) powertrains. In addition, the Company provides products and services for the connected vehicle market, including software focused on automotive cybersecurity and integrated vehicle health management (IVHM). The firm has a number of research and development (R&D) centers, engineering facilities and factories around the world, as well as a global distribution network. The company is a spin-off of Honeywell International Inc.

Industry: Motor Vehicle Parts & Accessories Peers: