GTX Q1 2024 Earnings — Garrett Motion Inc. Revenue & Financial Results | Market Cap Arena

GTXGarrett Motion Inc.

$4B

Q1 2024 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$915M-5.7% YoY

Gross Profit

$214M23.4% margin

Operating Income

$106M11.6% margin

Net Income

$66M7.2% margin

EPS (Diluted)

$0.28

QoQ Revenue Growth

-3.2%

Cash Flow

Operating Cash Flow

$84M

Free Cash Flow

$52M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$3.2B

Stockholders' Equity

-$735M

Cash & Equivalents

$197M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$915M	$970M	-5.7%
Gross Profit	$214M	$228M	-6.1%
Operating Income	$106M	$133M	-20.3%
Net Income	$66M	$81M	-18.5%

Revenue Segments

Original Equipment Manufacturers

$790M86%

Aftermarket

$112M12%

Other

$13M1%

Geographic Segments

Europe

$469M52%

Asia

$252M28%

UNITED STATES

$178M20%