Garrett Motion Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.58B | $3.48B | $3.89B | $3.60B | $3.63B | $3.03B | $3.25B | $3.38B |
| Cost of Revenue | $2.85B | $2.77B | $3.13B | $2.92B | $2.93B | $2.50B | $2.56B | $2.60B |
| Gross Profit | $731.0M | $705.0M | $756.0M | $683.0M | $707.0M | $539.0M | $693.0M | $776.0M |
| Gross Margin | 20.4% | 20.3% | 19.5% | 19.0% | 19.5% | 17.8% | 21.3% | 23.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $240.0M | $240.0M | $247.0M | $216.0M | $216.0M | $260.0M | $231.0M | $249.0M |
| Operating Income | $392.0M | $343.0M | $506.0M | $504.0M | $621.0M | $198.0M | $414.0M | $415.0M |
| Operating Margin | 10.9% | 9.9% | 13.0% | 14.0% | 17.1% | 6.5% | 12.7% | 12.3% |
| Interest Expense | — | — | $159.0M | $8.0M | $83.0M | $79.0M | $68.0M | $19.0M |
| Pretax Income | $392.0M | $343.0M | $347.0M | $496.0M | $538.0M | $119.0M | $346.0M | $396.0M |
| Income Tax Expense | $82.0M | $61.0M | $86.0M | $106.0M | $43.0M | $39.0M | $33.0M | $-810.0M |
| Net Income | $310.0M | $282.0M | $261.0M | $390.0M | $495.0M | $80.0M | $313.0M | $1.21B |
| Net Margin | 8.6% | 8.1% | 6.7% | 10.8% | 13.6% | 2.6% | 9.6% | 35.7% |
| EPS (Basic) | $1.55 | $1.27 | $-0.31 | $0.25 | $0.56 | $0.09 | $0.35 | $1.36 |
| EPS (Diluted) | $1.52 | $1.26 | $-0.31 | $0.25 | $0.52 | $0.09 | $0.34 | $1.35 |
| Shares Outstanding (Basic) | 199.8M | 222.3M | 166.6M | 194.1M | 209.1M | 906.5M | 895.2M | 888.7M |
| Shares Outstanding (Diluted) | 203.6M | 224.1M | 166.6M | 195.2M | 952.5M | 913.2M | 911.2M | 892.8M |
| Dividends Per Share | — | $0.06 | — | — | — | — | — | — |