GTX Q1 2023 Earnings — Garrett Motion Inc. Revenue & Financial Results | Market Cap Arena

GTXGarrett Motion Inc.

$4B

Q1 2023 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$970M+7.7% YoY

Gross Profit

$228M23.5% margin

Operating Income

$133M13.7% margin

Net Income

$81M8.4% margin

EPS (Diluted)

$1.23

QoQ Revenue Growth

+8.0%

Cash Flow

Operating Cash Flow

$92M

Free Cash Flow

$84M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.8B

Total Liabilities

$2.9B

Stockholders' Equity

-$80M

Cash & Equivalents

$292M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$970M	$901M	+7.7%
Gross Profit	$228M	$218M	+4.6%
Operating Income	$133M	$123M	+8.1%
Net Income	$81M	$88M	-8.0%

Geographic Segments

Europe

$8M67%

Asia

$3M25%

UNITED STATES

$1M8%