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Garrett Motion (GTX)

Earnings summaries and quarterly performance for Garrett Motion.

Recent press releases and 8-K filings for GTX.

Garrett Motion Highlights Strong Financials, Strategic Diversification, and Market Adaptation at Automotive Symposium
GTX
Guidance Update
New Projects/Investments
Share Buyback
  • Garrett Motion (GTX) demonstrates robust financial performance, reporting a 14.7% EBIT margin in Q3 and projecting $385 million in free cash flow at the midpoint of its latest guidance, translating to over a 10% free cash flow yield on its $3.3 billion equity cap. The company maintains a leading position in the turbocharger market, securing over 50% of new business awards annually amidst industry consolidation.
  • The company is strategically diversifying by leveraging its core intellectual property in high-speed rotating machines to develop new zero-emission products, including fuel cell compressors, e-cooling compressors, and e-powertrains, with a standing $1 billion target for new electric products by 2030. These advanced technologies are expanding into new markets, such as data center cooling, where the e-cooling compressor offers significant energy efficiency benefits.
  • GTX operates with an approximately 80% variable cost structure, enabling it to effectively adapt to market fluctuations and sustain profitability. While the commercial vehicle market has faced challenges, the company identifies growth opportunities in areas like backup power generation for data centers and anticipates continued expansion in its industrial segment. Furthermore, Garrett is navigating evolving global automotive landscapes, including the highly competitive Chinese market and the increasing shift towards hybridization (PHEVs and REVs) in Europe, which is favorable for turbo penetration.
Nov 3, 2025, 9:00 PM
Garrett (GTX) Highlights Strategic Growth and Financial Performance
GTX
Guidance Update
New Projects/Investments
Revenue Acceleration/Inflection
  • Garrett (GTX) operates as a technology company in the automotive and transportation sectors, emphasizing its turbocharger business and new zero-emission products, achieving 14%+ adjusted EBIT margins and 18% adjusted EBITDA margins.
  • The company reports a $4.5 billion total enterprise value, comprising a $3.3 billion equity cap and $1.2 billion net debt, and projects $385 million in free cash flow at the midpoint of its latest guidance.
  • GTX is strategically expanding its portfolio with new electric products, including e-cooling compressors and e-powertrains, leveraging its high-speed technology, and aims for $1 billion in sales from these technologies by 2030.
  • Management notes the company's 80% variable cost structure allows it to adapt to market fluctuations, such as a competitive Chinese market and a projected flattish global light vehicle market for 2026, while maintaining profitability.
Nov 3, 2025, 9:00 PM
Garrett (GTX) Highlights Strong Financials, Turbo Market Leadership, and Diversification into New Electric Technologies at Automotive Symposium
GTX
Guidance Update
New Projects/Investments
Demand Weakening
  • Garrett (GTX) maintains strong financial performance with 14%+ adjusted EBIT margins and 18% adjusted EBITDA margins, generating significant free cash flow, with a $385 million free cash flow at midpoint for the current year. The company operates with a capital-light model, spending less than 3% of sales on CapEx.
  • The company is a leader in the turbocharger market, benefiting from industry consolidation and increasing turbo penetration globally, especially in Europe and the growing commercial vehicle segment. Its industrial segment, representing 31% of sales, contributes a significantly greater portion of profit and offers stability.
  • GTX is leveraging its core intellectual property in high-speed rotating machines and air/gas compression to develop new zero-emission products, including e-cooling compressors, e-powertrain, and e-boosting technologies. These technologies are being targeted at new growth areas such as data center cooling and advanced hybrid vehicles (PHEVs/REVs), with a $1 billion target for new electric products by 2030.
  • The company anticipates continued growth in turbo penetration through the end of the decade and is adapting to evolving market dynamics, including the slowing growth of Battery Electric Vehicles (BEVs) and a shift towards hybridization in Europe, which is favorable for its turbocharged products.
Nov 3, 2025, 9:00 PM
Garrett Motion Reprices Term Loan
GTX
Debt Issuance
  • Garrett Motion Inc. announced the successful repricing of its existing $690 million term loan due in 2032.
  • The repricing reduces the interest rate by 25 basis points, setting it at the Secured Overnight Financing Rate (SOFR) plus 200 basis points.
  • This action is anticipated to decrease interest expense and strengthen the company's liquidity position, enabling continued investment in innovation and capital returns to shareholders.
Aug 6, 2025, 9:00 PM
Garrett Motion Announces Second Quarter 2025 Results and Raises Full-Year Outlook
GTX
Earnings
Guidance Update
Share Buyback
  • Garrett Motion reported strong Second Quarter 2025 financial results, including net sales of $913 million and net income of $87 million.
  • The company generated $121 million of Adjusted free cash flow and returned capital to shareholders through $22 million in share repurchases and a $0.06 per share quarterly dividend.
  • Garrett Motion raised its full-year 2025 outlook for key financial measures, including net sales (to $3.4 billion to $3.6 billion) and net income (to $233 million to $278 million).
  • Key business achievements included securing over $1 billion in light vehicle turbo program extensions and advancing zero-emission technologies.
Jul 24, 2025, 10:55 AM