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.
| Type | Public | |
| Founded | 2018 | |
| HQ | Rolle, CH | Map |
| Website | garrettmotion.com | |
| Employee Ratings | More |
Recent NewsAll News
- Garrett Motion Reports First Quarter 2022 Financial Results
- Garrett Highlights Next-Gen Electrification and Connected Vehicle Innovations at Vienna Motor Symposium
- Garrett Motion to Hold First Quarter 2022 Financial Results Conference Call on Thursday April 28, 2022
- Garrett Motion Reports Fourth Quarter and Full Year 2021 Financial Results
Key People/Management at Garrett
Olivier Rabiller
Director, President & Chief Executive Officer
Craig Balis
Senior Vice President & Chief Technology Officer
Pierre Barthelet
Senior Vice President Marketing & Product Management
Sean Deason
Chief Financial Officer
Eric Fraysse
President, Global Aftermarket and President, Brazil
Daniel Deiro
Senior Vice President, Global Customer Management, and General Manager Japan/Korea
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 $3.63 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
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 207.0m | 182.0m | 190.0m | 254.0m | 139.0m | 312.0m | 382.0m | 401.0m | 456.0m |
Accounts Receivable | 790.0m | 790.0m | 751.0m | 629.0m | 554.0m | 710.0m | 807.0m | 784.0m | 741.0m |
Inventories | 181.0m | 193.0m | 193.0m | 225.0m | 234.0m | 237.0m | 258.0m | 275.0m | 278.0m |
Current Assets | 1.2b | 1.2b | 1.2b | 1.2b | 1.0b | 1.4b | 1.7b | 1.7b | 1.6b |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 73.0m | 139.0m | 177.0m | 52.0m | 43.0m | 54.0m | (105.0m) | 304.0m | 367.0m |
Depreciation and Amortization | 19.0m | 35.0m | 55.0m | 19.0m | 37.0m | 60.0m | 23.0m | 47.0m | 70.0m |
Inventories | (14.0m) | (26.0m) | (33.0m) | (14.0m) | (23.0m) | (26.0m) | (34.0m) | (51.0m) | (59.0m) |
Accounts Payable | (24.0m) | (14.0m) | 18.0m | (29.0m) | (231.0m) | (126.0m) | 74.0m | (52.0m) | (161.0m) |
| USD | Q1, 2019 |
|---|---|
Debt/Equity | -0.6 x |
Debt/Assets | 0.7 x |
Financial Leverage | -0.9 x |
Garrett Acquisitions / Subsidiaries
| Company Name | Date | Deal 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 |
Garrett Revenue Breakdown
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
Garrett Cybersecurity Score
Garrett Environment, Social & Governance (ESG) Ratings
Garrett Online and Social Media Presence
3.31k Twitter followers
Garrett has 3.31k Twitter Followers. The number of followers has increased 0.6% month over month and increased 1.5% quarter over quarter
Garrett's Trends
Twitter Engagement Stats for @GarrettMotion
3k
Tweets
3.9k
Following
3.3k
Followers
24
Tweets last 30 days
5.9
Avg. likes per Tweet
100%
Tweets with engagement
Garrett News and Updates
April 28, 2022
Garrett Motion Reports First Quarter 2022 Financial Results
First Quarter 2022 Highlights
April 26, 2022
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
April 18, 2022
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…
February 14, 2022
Garrett Motion Reports Fourth Quarter and Full Year 2021 Financial Results
Fourth Quarter 2021 Highlights
February 04, 2022
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…
December 17, 2021
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
Garrett Blogs
February 21, 2022
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…
February 15, 2022
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…
January 19, 2022
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…
June 17, 2021
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 …
June 03, 2021
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.
May 06, 2021
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…
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.
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