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 MacDonald Joins IRIS.TV as Chief Commercial Officer
- Garrett Motion to Hold Second Quarter 2021 Conference Call on Thursday, July 29
- Garrett Camp's VC fund is breaking all the rules with a new accelerator for fledging founders. Here's how its different.
- Garrett Motion, Hyundai Motor Company와 함께 예측 제어 소프트웨어 출시
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 $3.03 b in FY, 2020
| USD | |
|---|---|
Revenue (Q1, 2021) | 997.0m |
Gross profit (Q1, 2021) | 196.0m |
Gross profit margin (Q1, 2021), % | 19.7% |
Net income (Q1, 2021) | (105.0m) |
Market capitalization (3-May-2021) | 417.7m |
Closing stock price (3-May-2021) | 5.5 |
Cash (31-Mar-2021) | 382.0m |
EV | 1.5b |
Garrett's current market capitalization is $417.7 m.
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 915.0m | 877.0m | 784.0m | 835.0m | 802.0m | 781.0m | 745.0m | 477.0m | 804.0m | 997.0m |
Cost of goods sold | 704.0m | 662.0m | 606.0m | 639.0m | 620.0m | 609.0m | 603.0m | 393.0m | 652.0m | 801.0m |
Gross profit | 211.0m | 215.0m | 178.0m | 196.0m | 182.0m | 172.0m | 142.0m | 84.0m | 152.0m | 196.0m |
Gross profit Margin, % | 23% | 25% | 23% | 23% | 23% | 22% | 19% | 18% | 19% | 20% |
Annual
Quarterly
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 58.0m | 208.0m | 1.1b | 73.0m | 139.0m | 177.0m | 52.0m | 43.0m | 54.0m | (105.0m) |
Depreciation and Amortization | 18.0m | 36.0m | 53.0m | 19.0m | 35.0m | 55.0m | 19.0m | 37.0m | 60.0m | 23.0m |
Inventories | 4.0m | 6.0m | (7.0m) | (14.0m) | (26.0m) | (33.0m) | (14.0m) | (23.0m) | (26.0m) | (34.0m) |
Accounts Payable | 27.0m | 56.0m | (6.0m) | (24.0m) | (14.0m) | 18.0m | (29.0m) | (231.0m) | (126.0m) | 74.0m |
| 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 Environment, Social & Governance (ESG) Ratings
Garrett Online and Social Media Presence
2.75k Twitter followers
Garrett has 2.75k Twitter Followers. The number of followers has increased 0.4% month over month and increased 0.5% quarter over quarter
Garrett's Trends
Twitter Engagement Stats for @GarrettMotion
2.8k
Tweets
3.9k
Following
2.7k
Followers
27
Tweets last 30 days
3.4
Avg. likes per Tweet
92.6%
Tweets with engagement
Garrett News and Updates
July 20, 2021
Garrett MacDonald Joins IRIS.TV as Chief Commercial Officer
Will lead company’s sales efforts through period of unprecedented growth Will lead company’s sales efforts through period of unprecedented growth
July 16, 2021
Garrett Motion to Hold Second Quarter 2021 Conference Call on Thursday, July 29
ROLLE, Switzerland, July 16, 2021 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX), a leading differentiated technology provider for the automotive industry, today announced it plans to issue financial results for the second quarter and six months ended June 30, 2021 on Thursday, July 29, 202…
July 15, 2021
Garrett Camp's VC fund is breaking all the rules with a new accelerator for fledging founders. Here's how its different.
Summary List PlacementWhen the billionaire cofounder of Uber, Garrett Camp, started his early-stage venture firm Expa in 2014, he had a very specific purpose in mind.
"He created the firm to be what he wish existed when he was building Uber, a VC that really put the founder first, and takes this h…
June 17, 2021
Garrett Motion, Hyundai Motor Company와 함께 예측 제어 소프트웨어 출시
자동차 공학 전문 지식을 활용한 혁신적인 에너지 및 차량 상태 관리 소프트웨어 솔루션 제공 자동차 공학 전문 지식을 활용한 혁신적인 에너지 및 차량 상태 관리 소프트웨어 솔루션 제공
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 Leverages Automotive Engineering Expertise to Deliver Innovative Energy and Health Management Software Solutions
June 07, 2021
Garrett Motion to Expand Production Facility in Wuhan, China
Increases Operational Footprint by 50% to Support Strong Growth Increases Operational Footprint by 50% to Support Strong Growth
Garrett Blogs
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…
April 19, 2021
Garrett Showcases Next-Generation E-Boosting Technologies for Hybrid, Fuel Cell Vehicles at Auto Shanghai 2021
Diverse portfolio of electrification products as well as automotive software solutions to be on display at one of the world’s largest auto shows SHANGHAI, China,...
The post Garrett Showcases Next-Generation E-Boosting Technologies for Hybrid, Fuel Cell Vehicles at Auto Shanghai 2021 appeared first …
March 23, 2021
Garrett Health Management Software Solutions Demonstrate Important Benefits for Fleets, OEMs in Pilot Program
Advanced Diagnostic and Prognostic Technologies Generate Significant Cost Savings and Increase Vehicle Up-Time ROLLE, Switzerland, March 23, 2021— Garrett Motion Inc., a leading differentiated technology...
The post Garrett Health Management Software Solutions Demonstrate Important Benefits for Flee…
March 15, 2021
Garrett’s E-Turbo Journey from Race to Road Detailed in New Webinar
Electrification has arrived and E-Turbos will soon join hybrid powertrains in the global market. In Garrett’s most recent E-Turbo webinar, Senior Director of Powertrain Engineering...
The post Garrett’s E-Turbo Journey from Race to Road Detailed in New Webinar 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, Daniel Deiro and Carlos Cardoso.
How many employees does Garrett have?
Garrett has 6,300 employees.
What is Garrett revenue?
Latest Garrett annual revenue is $3 b.
What is Garrett revenue per employee?
Latest Garrett revenue per employee is $481.6 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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