Loading…
Makes turbochargers and electric-boosting technologies for passenger, commercial and off-highway vehicles.
Makes turbochargers and electric-boosting technologies for passenger, commercial and off-highway vehicles.
Wins a spot on a vehicle platform years before launch, then supplies turbochargers for that platform's life, so revenue follows automakers' production plans and engine choices. Garrett was spun out of Honeywell in 2018 and went through bankruptcy in 2020 over liabilities inherited from Honeywell, emerging in 2021.
Moat: narrow (process know-how, customer qualification, IP / patents). Decades of turbo engineering IP and OEM qualification; faces EV-driven demand decline long term.
Headquarters: Rolle, Switzerland · Founded: 2018 · Employees: 6,700
Size Garrett Motion (GTX) is a United States Consumer Discretionary company (Auto Parts: OEM) with a market value of $3.72B, the 1392nd largest of 3,117 United States companies the cockpit tracks. Shares closed at $20.13 on 6 Nov 2026.
Performance Over six months the shares fell 30.6%, against -11.7% for the median peer and -1.1% for the United States market (cap-weighted) — 5th lowest of 21 in its peer set.
Growth Revenue grew 6.9% over the last twelve months (peer median +8.3%); the operating margin is 15.1% (peer median 7.2%).
Valuation It trades at 9.9× forward earnings against a peer median of 13.3× (7th cheapest of 19).
Price implies For today's price to make sense, revenue must grow about -7% a year for seven years (Req g). Recent delivered growth is +3%, so the hurdle is -10 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 67.5 points above its cost of capital (8.5% WACC).
Short interest Short interest is 5.0% of the free float (15 Oct 2026).
Next results Next results expected around 17 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $3.78B | $3.58B | $3.48B | $3.89B | $3.60B |
| Revenue growth | — | +3% | -11% | +8% | — |
| Gross profit | $950M | $878M | $889M | $908M | $840M |
| EBITDA | $672M | $592M | $553M | $576M | $555M |
| Net income | $377M | $310M | $282M | $261M | $206M |
| Free cash flow | $395M | $341M | $317M | $382M | $284M |
| Capital expenditure | $82.0M | $72.0M | $91.0M | $83.0M | $91.0M |
| Total debt | $1.42B | $1.47B | $1.52B | $1.69B | $1.20B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Garrett Motion GTX | $3.72B | -31% | +7% | 15% | 9.9× | -6.9% |
| BorgWarner BWA | $9.80B | -20% | 0% | 11% | 8.7× | -3.2% |
| Ihi 7013.T | $15.4B | -20% | +8% | 10% | 12.7× | 16.7% |
| Mitsubishi Heavy Industries 7011.T | $62.1B | -37% | -3% | 10% | 22.3× | 9.0% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | GTX | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -21.8% | -5.3% | 2nd lowest of 21 |
| 6-month return | -30.6% | -11.7% | 5th lowest of 21 |
| Distance from 52-week high | -44.5% | -30.7% | 6th lowest of 21 |
| Revenue growth (TTM) | +6.9% | +8.3% | 10th lowest of 21 |
| Operating margin | 15.1% | 7.2% | 3rd highest of 21 |
| Forward P/E | 9.9× | 13.3× | 7th cheapest of 19 |
| Growth the price implies (Req g, 7 yrs) | -6.9% | 0.9% | 3rd least demanding of 19 |
| Growth delivered (Del g) | +3.4% | +9.1% | lowest of 18 |
| Hurdle (Req g minus delivered) | -10.3 pp | -8.8 pp | 8th least demanding of 18 |
| ROIC minus cost of capital | +67.5 pp | +1.4 pp | highest of 21 |
| EV / EBITDA | 7.3× | 5.2× | 4th most expensive of 12 |
| Net debt / EBITDA | 1.8× | 0.4× | 3rd most indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Garrett Motion GTX | United States | $3.72B | -31% | +7% | 15% | 9.9× | -6.9% | +3.4% |
| Bethel Automotive Safety Systems 603596.SS | China | $3.70B | -11% | +21% | 10% | 16.0× | 7.0% | +31.7% |
| ZCZL Industrial Technology 0564.HK | Hong Kong | $3.80B | -29% | +9% | 9% | 4.4× | -5.3% | +8.5% |
| Linamar LNR.TO | Canada | $3.63B | -9% | +9% | 9% | 7.1× | -8.4% | +12.0% |
| Toyoda Gosei 7282.T | Japan | $3.81B | +26% | +13% | 7% | 9.8× | 0.5% | +9.7% |
| Jtekt 6473.T | Japan | $3.82B | -1% | +4% | 5% | 11.4× | 1.2% | +9.1% |
| Inter Cars CAR.WA | Poland | $3.83B | +38% | +12% | 6% | 13.9× | 9.5% | +18.3% |
| Fulin Precision 300432.SZ | China | $3.84B | -47% | +95% | 5% | 20.2× | n/a | n/a |
| Aumovio AMV0.DE | Germany | $3.57B | -12% | -6% | -6% | n/a | 10.2% | n/a |
| Zhejiang Yinlun Machinery 002126.SZ | China | $3.53B | -39% | +28% | 7% | 23.0× | 14.6% | +19.9% |
| CIE Automotive CIE.MC | Spain | $3.46B | -11% | +4% | 14% | 8.5× | -6.7% | +6.5% |
| Sensteed Hi-Tech 000981.SZ | China | $3.36B | -42% | -15% | -39% | n/a | n/a | n/a |
| Atmus Filtration Technologies ATMU | United States | $4.13B | -9% | +13% | 17% | 16.2× | 8.1% | +7.4% |
| Anhui Zhongding Sealing Parts 000887.SZ | China | $3.32B | -3% | +9% | 8% | 15.1× | 3.8% | +11.4% |
| Gentex GNTX | United States | $4.19B | -15% | +8% | 19% | 9.9× | -4.7% | +8.5% |
| Koito Manufacturing 7276.T | Japan | $4.27B | -6% | +6% | 6% | 13.3× | -0.8% | +6.1% |
| Exide Industries EXIDEIND.NS | India | $3.20B | -2% | +13% | 8% | 21.7× | 27.5% | +11.7% |
| NHK Spring 5991.T | Japan | $3.18B | -14% | +3% | 6% | 9.8× | 5.2% | +7.4% |
| Ningbo Joyson Electronic 600699.SS | China | $4.44B | -27% | -6% | 5% | 21.9× | -1.1% | +5.0% |
| Valeo FR.PA | France | $3.00B | -15% | -2% | 4% | 7.3× | -8.2% | +4.9% |
| Changzhou Xingyu Automotive Lighting Systems 601799.SS | China | $2.92B | -45% | +2% | 9% | 13.4× | -0.6% | +15.8% |