Garrett Motion Inc

GTX

Equity

ISIN null / Valor 43586030

NASDAQ (2025-11-21)

USD 16.08+2.81%

Garrett Motion Inc
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About company

Garrett Motion Inc. is a prominent player in the automotive industry, specializing in the design and production of advanced turbocharger systems and related technologies. The company leverages its extensive expertise to enhance energy efficiency and reduce emissions in both mobility and industrial sectors. Garrett Motion's innovative solutions include turbo technology for hydrogen-powered internal combustion engines (H2-ICE), catering to off-highway applications. Additionally, the company has expanded its performance distribution network through strategic partnerships, such as with Premier Tuning Group, to better serve the needs of performance enthusiasts. Garrett Motion continues to be recognized for its technological leadership and commitment to advancing automotive performance and efficiency.

Summarized from source with an LLMView SourceSector: Technology

Net Sales and Profitability

In Q1 2025, Garrett Motion Inc achieved net sales of $878 million, marking a 4% decline on a reported basis and a 2% decrease on a constant currency basis. The company reported a net income of $62 million, resulting in a net income margin of 7.1%.

Adjusted EBIT Growth

Adjusted EBIT for the first quarter increased to $131 million, with an adjusted EBIT margin of 14.9%, up from 13.2% in Q1 2024. This growth was driven by enhanced operational performance and productivity improvements.

Dividend and Share Repurchases

Garrett Motion Inc declared a cash dividend of $0.06 per share, payable on June 16, 2025. Additionally, the company repurchased $30 million of its common stock during the quarter, demonstrating its commitment to returning capital to shareholders.

Strategic Business Wins

The company secured new contracts in Asia and Europe for commercial vehicles and industrial power generation applications. Furthermore, Garrett Motion Inc won its first major series production award for electric motors, with production slated to commence in 2027.

Liquidity and Outlook

As of March 31, 2025, Garrett Motion Inc maintained $760 million in available liquidity. The company reiterated its full-year 2025 outlook, anticipating continued stability and growth in its financial performance.

Summarized from source with an LLMView Source

Key figures

96.1%1Y

114%3Y

%5Y

Performance

44.2%1Y

36.6%3Y

40.4%5Y

Volatility