OverviewSuggest Edit

Garrett Motion is a company that provides turbocharging, electric boosting, and automotive software solutions. It offers gasoline and diesel turbochargers, electric compressors, intercoolers, valves as well as vehicle control, cyber protection, and health management solutions. The company caters to the auto industry.
TypePublic
Founded2018
HQRolle, CH
Websitegarrettmotion.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Dec 2021)6,500(+4%)
Job Openings311
Revenue (FY, 2021)$3.6 B(+20%)
Share Price (May 2022)$5.8(-1%)
Cybersecurity ratingBMore
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Key People/Management at Garrett

Olivier Rabiller

Olivier Rabiller

Director, President & Chief Executive Officer
Craig Balis

Craig Balis

Senior Vice President & Chief Technology Officer
Pierre Barthelet

Pierre Barthelet

Senior Vice President Marketing & Product Management
Sean Deason

Sean Deason

Chief Financial Officer
Eric Fraysse

Eric Fraysse

President, Global Aftermarket and President, Brazil
Daniel Deiro

Daniel Deiro

Senior Vice President, Global Customer Management, and General Manager Japan/Korea
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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
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Garrett Financials and Metrics

Garrett Revenue

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Garrett's revenue was reported to be $3.63 b in FY, 2021
USD

Revenue (Q1, 2022)

901.0m

Gross profit (Q1, 2022)

175.0m

Gross profit margin (Q1, 2022), %

19.4%

Net income (Q1, 2022)

88.0m

EBITDA (Q1, 2022)

143.0m

Market capitalization (20-May-2022)

375.4m

Closing stock price (20-May-2022)

5.8

Cash (31-Dec-2021)

423.0m

EV

1.1b
Garrett's current market capitalization is $375.4 m.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

3.2b3.0b3.6b

Revenue growth, %

(4%)(7%)

Cost of goods sold

2.5b2.5b2.9b

Gross profit

711.0m556.0m707.0m
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

745.0m477.0m804.0m997.0m935.0m839.0m901.0m

Cost of goods sold

603.0m393.0m652.0m801.0m742.0m676.0m726.0m

Gross profit

142.0m84.0m152.0m196.0m193.0m163.0m175.0m

Gross profit Margin, %

19%18%19%20%21%19%19%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

187.0m592.0m423.0m

Accounts Receivable

707.0m841.0m747.0m

Inventories

220.0m235.0m244.0m

Current Assets

1.2b1.9b1.5b
Quarterly
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

313.0m80.0m495.0m

Depreciation and Amortization

73.0m86.0m92.0m

Inventories

(60.0m)(14.0m)(31.0m)

Accounts Payable

87.0m41.0m(75.0m)
Quarterly
USDQ1, 2019

Debt/Equity

-0.6 x

Debt/Assets

0.7 x

Financial Leverage

-0.9 x
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Garrett Operating Metrics

FY, 2018FY, 2019

Distributors

190190

Patents and Patent Applications

1.4 k1.4 k

Vehicles Installed Base

100 m100 m

Product Applications Launched Annually

100100
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Garrett Acquisitions / Subsidiaries

Company NameDateDeal Size
BRH LLC
Calvari Limited
COM DEV Investments Limited
FMP Automotive (Malaysia) SDN BHD
FMP Distribution Ltd
FMP Group (Australia) Pty Ltd
FMP Group Pty Limited
FMP Group (Thailand) Limited
Friction Materials LLC
Garret Motion Switzerland Holdings Sàrl
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Garrett Revenue Breakdown

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Garrett revenue breakdown by business segment: 11.2% from Aftermarket, 87.1% from OEM and 1.7% from Other

Garrett revenue breakdown by geographic segment: 33.9% from Asia, 49.1% from Europe, 15.6% from United States and 1.5% from Other

Human Capital Metrics

Source: www.sec.gov
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Garrett Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Garrett Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Garrett Online and Social Media Presence

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Garrett News and Updates

Garrett Motion Reports First Quarter 2022 Financial Results

First Quarter 2022 Highlights

Garrett Highlights Next-Gen Electrification and Connected Vehicle Innovations at Vienna Motor Symposium

Next generation powertrain E-Boosting technologies and software solutions on display at major European auto event Next generation powertrain E-Boosting technologies and software solutions on display at major European auto event

Garrett Motion to Hold First Quarter 2022 Financial Results Conference Call on Thursday April 28, 2022

ROLLE, Switzerland, April 18, 2022 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX, GTXAP), a leading differentiated technology provider for the automotive industry, today announced it plans to issue financial results for the first quarter 2022 on Thursday, April 28, 2022 before the open of m…

Garrett Motion to Hold Fourth Quarter and Full Year 2021 Financial Results Conference Call on Monday, February 14

Garrett Motion Inc. (Nasdaq: GTX, GTXAP), a leading differentiated technology provider for the automotive industry, today announced it plans to issue financial results for the fourth quarter and full year of 2021 for the twelve months ended December 31, 2021 on Monday, February 14, 2022 before the o…

Garrett Motion Accelerates and Expands Series B Preferred Stock Redemptions

Actions expected to result in more than $400 million in further de-leveraging and improved financial flexibility Actions expected to result in more than $400 million in further de-leveraging and improved financial flexibility
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Garrett Blogs

7 Aspects That Enable a More Successful Electrified Future with Garrett’s E-Turbo

The auto industry is rapidly adopting electrified hybridization, leveraging high voltage systems to improve fuel efficiency and performance. Indeed, analysts predict hybrid powertrains – boosted... The post 7 Aspects That Enable a More Successful Electrified Future with Garrett’s E-Turbo appeared fi…

Garrett’s Gasoline VNT Technology Set for Global Growth with North America Introduction

North America mass market adoption heralds new worldwide turbo gasoline era Turbo technology originally pioneered by Garrett Motion to enhance performance in diesel engines is... The post Garrett’s Gasoline VNT Technology Set for Global Growth with North America Introduction appeared first on Garret…

Garrett E-Turbo: Ready Today to Meet & Exceed the Industry’s Electric Boosting Needs

Garrett’s award-winning E-Turbo is ready today to meet and exceed the industry’s electrification boosting needs. The result of unparalleled engineering expertise and advanced electric capabilities,... The post Garrett E-Turbo: Ready Today to Meet & Exceed the Industry’s Electric Boosting Needs a…

Garrett Motion Launches Predictive Control Software with Hyundai Motor Company

Leverages Automotive Engineering Expertise to Deliver Innovative Energy and Health Management Software Solutions ROLLE, Switzerland, June 17, 2021 — Garrett Motion Inc. (Nasdaq: GTX), a leading... The post Garrett Motion Launches Predictive Control Software with Hyundai Motor Company appeared first …

Garrett’s Culture and Technology Drive a More Sustainable Automotive Future

By Garrett Chief Technology Officer Craig Balis For us at Garrett, sustainability is at the heart of our DNA, both in terms of what we... The post Garrett’s Culture and Technology Drive a More Sustainable Automotive Future appeared first on Garrett Motion.

Garrett’s Most Advanced Two-Stage VNT Tech Boosts New, High-End 3.0-liter Diesel Engine

2nd Gen Modular BMW I6 Engine Brings Host of New Tech on High Performance Diesels; 48V Starter-Generator Shows Potential of Hybrid Turbodiesels Garrett’s two-stage VNT... The post Garrett’s Most Advanced Two-Stage VNT Tech Boosts New, High-End 3.0-liter Diesel Engine appeared first on Garrett Motion…
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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, Craig Balis and Pierre Barthelet.

  • How many employees does Garrett have?

    Garrett has 6,500 employees.

  • What is Garrett revenue?

    Latest Garrett annual revenue is $3.6 b.

  • What is Garrett revenue per employee?

    Latest Garrett revenue per employee is $558.9 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.