GTX Q2 2024 Earnings — Garrett Motion Inc. Revenue & Financial Results | Market Cap Arena

GTXGarrett Motion Inc.

$4B

Q2 2024 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$890M-12.0% YoY

Gross Profit

$224M25.2% margin

Operating Income

$123M13.8% margin

Net Income

$64M7.2% margin

EPS (Diluted)

$0.28

QoQ Revenue Growth

-2.7%

Cash Flow

Operating Cash Flow

$126M

Free Cash Flow

$109M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$3.0B

Stockholders' Equity

-$725M

Cash & Equivalents

$99M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$890M	$1.0B	-12.0%
Gross Profit	$224M	$244M	-8.2%
Operating Income	$123M	$139M	-11.5%
Net Income	$64M	$71M	-9.9%

Revenue Segments

Original Equipment Manufacturers

$756M85%

Aftermarket

$121M14%

Other

$13M1%

Geographic Segments

Europe

$434M50%

Asia

$263M30%

UNITED STATES

$174M20%