GTX Q3 2023 Earnings — Garrett Motion Inc. Revenue & Financial Results | Market Cap Arena

GTXGarrett Motion Inc.

$4B

Q3 2023 Earnings

Consumer Cyclical Auto - Parts

Income Statement

Revenue

$960M+1.6% YoY

Gross Profit

$221M23.0% margin

Operating Income

$125M13.0% margin

Net Income

$57M5.9% margin

EPS (Diluted)

$0.23

QoQ Revenue Growth

-5.0%

Cash Flow

Operating Cash Flow

$74M

Free Cash Flow

$50M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$2.5B

Total Liabilities

$3.2B

Stockholders' Equity

-$692M

Cash & Equivalents

$163M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$960M	$945M	+1.6%
Gross Profit	$221M	$222M	-0.5%
Operating Income	$125M	$123M	+1.6%
Net Income	$57M	$105M	-45.7%

Revenue Segments

Original Equipment Manufacturers

$825M86%

Aftermarket

$118M12%

Other

$17M2%

Geographic Segments

Europe

$436M46%

Asia

$305M32%

UNITED STATES

$203M22%