OverviewSuggest Edit
Garrett (Garrett Motion) is a manufacturer of turbocharger, electric-boosting, and connected vehicle technologies. It offers gasoline and diesel turbochargers, turbo speed sensors, fleet early warning systems, two-stage electric compressors for fuel cell electric vehicles, etc. The company caters to the automotive sector.
| Type | Public | |
| Founded | 2018 | |
| HQ | Rolle, CH | Map |
| Website | garrettmotion.com |
Recent NewsAll News
- Garrett Leight, Eyewear Scion, on How He Built the GLCO Brand
- FirstCash Adds Paula Garrett to the Board of Directors
- FINAL DEADLINE TODAY: ROSEN, RESPECTED INVESTOR COUNSEL, Reminds Garrett Motion Inc. Investors of Important November 24 Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact Firm – GTX, GTXMQ
- Garrett Motion, Inc. Investors: Last Days to Participate Actively in the Class Action Lawsuit: Portnoy Law Firm
Key People/Management at Garrett
Olivier Rabiller
Director, President & Chief Executive Officer
Daniel Deiro
Senior Vice President, Global Customer Management, and General Manager Japan/Korea
Carlos Cardoso
Chairman of the Board
Maura Clark
Director
Courtney Enghauser
Director
Jerome Stoll
Director
Garrett Office Locations
Garrett has offices in Rolle, Atlanta, Indianapolis, Plymouth and in 23 other locations
Rolle, CH (HQ)
Z.A La Pièce 16
Chipping Norton, AU
Factory Unit 3 & 4/14 Alfred Rd
Guarulhos, BR
Av. Júlia Gaioli, 282 - Água Chata
Shanghai, CN
430 Li Bing Rd, Zhangjiang Hi-Tech Park
Shanghai, CN
8 Niudun Rd, Pudong Xinqu
Wuhan, CN
3# Fozuling 3Road East Lake Hi-Tech Development Zone
Garrett Financials and Metrics
Garrett Revenue
Garrett's revenue was reported to be $3.25 b in FY, 2019 which is a 3.8% decrease from the previous period.
| USD | |
|---|---|
Revenue (Q3, 2020) | 804.0m |
Gross profit (Q3, 2020) | 152.0m |
Gross profit margin (Q3, 2020), % | 18.9% |
Net income (Q3, 2020) | 11.0m |
Market capitalization (21-Jan-2021) | 466.9m |
Closing stock price (21-Jan-2021) | 6.2 |
Cash (30-Sept-2020) | 312.0m |
EV | 1.6b |
Garrett's current market capitalization is $466.9 m.
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 915.0m | 877.0m | 784.0m | 835.0m | 802.0m | 781.0m | 745.0m | 477.0m | 804.0m |
Cost of goods sold | 704.0m | 662.0m | 606.0m | 639.0m | 620.0m | 609.0m | 603.0m | 393.0m | 652.0m |
Gross profit | 211.0m | 215.0m | 178.0m | 196.0m | 182.0m | 172.0m | 142.0m | 84.0m | 152.0m |
Gross profit Margin, % | 23% | 25% | 23% | 23% | 23% | 22% | 19% | 18% | 19% |
Annual
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 58.0m | 208.0m | 1.1b | 73.0m | 139.0m | 177.0m | 52.0m | 43.0m | 54.0m |
Depreciation and Amortization | 18.0m | 36.0m | 53.0m | 19.0m | 35.0m | 55.0m | 19.0m | 37.0m | 60.0m |
Inventories | 4.0m | 6.0m | (7.0m) | (14.0m) | (26.0m) | (33.0m) | (14.0m) | (23.0m) | (26.0m) |
Accounts Payable | 27.0m | 56.0m | (6.0m) | (24.0m) | (14.0m) | 18.0m | (29.0m) | (231.0m) | (126.0m) |
| USD | FY, 2017 |
|---|---|
Financial Leverage | -1.4 x |
Garrett Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Garrett ASASCO Inc. | ||
| Garrett Motion France S.A.S. | ||
| Garrett Motion Industria Automotiva Brasil Ltda | ||
| Garrett Motion Japan, Inc. | ||
| Garrett Motion Korea Ltd. | ||
| Garrett Motion Romania S.r.l. | ||
| Garrett Motion Sarl | ||
| Garrett Motion Slovakia s.r.o. | ||
| Garrett Motion Technologies (India) Private Limited | ||
| Garrett Transportation I Inc. |
Garrett Revenue Breakdown
Garrett revenue breakdown by business segment: 34.0% from Gas, 19.0% from Comm Vehicle, 12.0% from Aftermarket, 33.0% from Diesel and 2.0% from Other
Garrett revenue breakdown by geographic segment: 15.0% from North America, 56.0% from Europe, 28.0% from Asia and 1.0% from Other
Garrett Cybersecurity Score
Garrett Online and Social Media Presence
2.68k Twitter followers
Garrett has 2.68k Twitter Followers. The number of followers has decreased 0.3% month over month and increased 0.5% quarter over quarter
Garrett's Trends
Twitter Engagement Stats for @GarrettMotion
2.6k
Tweets
3.9k
Following
2.7k
Followers
33
Tweets last 30 days
2.6
Avg. likes per Tweet
100%
Tweets with engagement
Garrett News and Updates
December 28, 2020
Garrett Leight, Eyewear Scion, on How He Built the GLCO Brand
How the son of Oliver Peoples cofounder Larry Leight is making a name for himself by seeing the world differently
December 28, 2020
FirstCash Adds Paula Garrett to the Board of Directors
FORT WORTH, Texas, Dec. 28, 2020 (GLOBE NEWSWIRE) -- FirstCash, Inc. (the “Company”) (Nasdaq: FCFS), the leading international operator of over 2,750 retail pawn stores in the U.S. and Latin America, today announced the appointment of Paula K. Garrett to the Board of Directors, effective January 1…
November 24, 2020
FINAL DEADLINE TODAY: ROSEN, RESPECTED INVESTOR COUNSEL, Reminds Garrett Motion Inc. Investors of Important November 24 Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact Firm – GTX, GTXMQ
NEW YORK, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Garrett Motion Inc. (NYSE: GTX) (OTC: GTXMQ) between October 1, 2018 and September 18, 2020, inclusive (the “Class Period”), of the important November 24, 2020 lea…
November 20, 2020
Garrett Motion, Inc. Investors: Last Days to Participate Actively in the Class Action Lawsuit: Portnoy Law Firm
Investors with losses are encouraged to contact the firm before November 24, 2020; click here to submit trade information
November 12, 2020
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Garrett Motion Inc. of Class Action Lawsuit and Upcoming Deadline – GTX; GTXMQ
NEW YORK, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against certain officers of Garrett Motion Inc. (“Garrett” or the “Company”) (NYSE: GTX; OCTMKTS: GTXMQ). The class action, filed in United States District Court for the Southern District…
November 12, 2020
IMPORTANT NOV. 24 DEADLINE Pawar Law Group Announces a Securities Class Action Lawsuit Against Garrett Motion Inc. – GTXMQ
NEW YORK, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Garrett Motion Inc. (OTC: GTXMQ) from October 1, 2018 through September 18, 2020, inclusive (the “Class Period”). The lawsuit seeks to …
Garrett Blogs
November 30, 2020
Garrett Motion Supplies Custom Turbos for Global Manufacturer’s Launch of New Off-Highway Commercial Vehicle Lineup
ROLLE, Switzerland – (BUSINESS WIRE) – Garrett Motion Inc., a leading differentiated technology provider for the automotive industry, today announced its advanced turbocharging technologies have...
The post Garrett Motion Supplies Custom Turbos for Global Manufacturer’s Launch of New Off-Highway Com…
November 03, 2020
Garrett to Present Technical Papers on Advanced E-Turbo, Gas Technologies at Dresden Supercharging Conference
Garrett experts will be presenting two technical papers focusing on key breakthrough technologies in the world of gasoline and electric turbocharging during the 25th annual...
The post Garrett to Present Technical Papers on Advanced E-Turbo, Gas Technologies at Dresden Supercharging Conference appea…
October 05, 2020
Garrett E-Turbo Tech to Boost ‘EU Horizon 2020’ LONGRUN Project to More Efficient On-Highway Trucking
Garrett Motion’s industry-leading electric turbocharger (E-Turbo) expertise will be leveraged to simulate, design and create prototype E-Turbos to help meet the stringent post-Euro VI targets...
The post Garrett E-Turbo Tech to Boost ‘EU Horizon 2020’ LONGRUN Project to More Efficient On-Highway Tru…
September 30, 2020
World’s First Commercial Diesel Engine with Brake Thermal Efficiency Above 50% Launched by Weichai, Boosted by Garrett
Sept. 16 was a historical day in the development of internal combustion engines as China-based automaker Weichai Group officially launched the world’s first commercial vehicle...
The post World’s First Commercial Diesel Engine with Brake Thermal Efficiency Above 50% Launched by Weichai, Boosted by G…
September 29, 2020
Garrett Motion & REFIRE Technology Partner to Boost China Fuel Cell Vehicle Industrialization
On Sept. 28 Garrett Motion signed a cooperation agreement with Shanghai-based REFIRE Technology Co., Ltd. to jointly develop advanced air compressor technology solutions for the...
The post Garrett Motion & REFIRE Technology Partner to Boost China Fuel Cell Vehicle Industrialization appeared fir…
September 18, 2020
A Turn Ahead of the Competition: How Motorsport Drives Innovation from Racetracks to City Streets
Motorsport has been a critical incubator for many of the cutting-edge developments and innovations the Garrett brand has brought to the industry during its more...
The post A Turn Ahead of the Competition: How Motorsport Drives Innovation from Racetracks to City Streets appeared first on Garrett Mot…
Garrett Frequently Asked Questions
When was Garrett founded?
Garrett was founded in 2018.
Who are Garrett key executives?
Garrett's key executives are Olivier Rabiller, Daniel Deiro and Carlos Cardoso.
How many employees does Garrett have?
Garrett has 6,200 employees.
What is Garrett revenue?
Latest Garrett annual revenue is $3.2 b.
What is Garrett revenue per employee?
Latest Garrett revenue per employee is $523.9 k.
Who are Garrett competitors?
Competitors of Garrett include Modine Manufacturing, Tenneco and Stoneridge.
Where is Garrett headquarters?
Garrett headquarters is located at Z.A La Pièce 16, Rolle.
Where are Garrett offices?
Garrett has offices in Rolle, Atlanta, Indianapolis, Plymouth and in 23 other locations.
How many offices does Garrett have?
Garrett has 30 offices.
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