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.

TypePublic
Founded2018
HQRolle, CH
Websitegarrettmotion.com

Latest Updates

Employees (est.) (May 2021)6,300(+2%)
Job Openings251
Revenue (FY, 2020)$3 B(-6%)
Share Price (May 2021)$5.5
Cybersecurity ratingBMore

Key People/Management at Garrett

Olivier Rabiller

Olivier Rabiller

Director, President & Chief Executive Officer
Daniel Deiro

Daniel Deiro

Senior Vice President, Global Customer Management, and General Manager Japan/Korea
Carlos Cardoso

Carlos Cardoso

Chairman of the Board
Maura Clark

Maura Clark

Director
Courtney Enghauser

Courtney Enghauser

Director
Jerome Stoll

Jerome Stoll

Director
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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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View revenue for all periods
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
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

3.1b3.4b3.2b3.0b

Revenue growth, %

9%(4%)

Cost of goods sold

2.4b2.6b2.5b2.5b

Gross profit

735.0m776.0m711.0m556.0m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

915.0m877.0m784.0m835.0m802.0m781.0m745.0m477.0m804.0m997.0m

Cost of goods sold

704.0m662.0m606.0m639.0m620.0m609.0m603.0m393.0m652.0m801.0m

Gross profit

211.0m215.0m178.0m196.0m182.0m172.0m142.0m84.0m152.0m196.0m

Gross profit Margin, %

23%25%23%23%23%22%19%18%19%20%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

300.0m196.0m187.0m592.0m

Accounts Receivable

592.0m593.0m707.0m841.0m

Inventories

188.0m172.0m220.0m235.0m

Current Assets

2.1b1.2b1.2b1.9b
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(983.0m)1.2b313.0m80.0m

Depreciation and Amortization

64.0m72.0m73.0m86.0m

Inventories

(46.0m)2.0m(60.0m)(14.0m)

Accounts Payable

88.0m63.0m87.0m41.0m
Quarterly
USDFY, 2017

Financial Leverage

-1.4 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
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.
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Garrett Revenue Breakdown

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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

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Garrett Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Garrett Online and Social Media Presence

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Garrett News and Updates

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

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…

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…

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

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

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
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Garrett Blogs

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…

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 …

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…

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.
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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, 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.