← Garrett Motion Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales (Note 3) | $3.1b |
$3.4b
+9.01%
|
$3.2b
-3.76%
|
$3.0b
-6.59%
|
$3.6b
+19.74%
|
$3.6b
-0.83%
|
$3.9b
+7.85%
|
$3.5b
-10.58%
|
$3.6b
+3.14%
|
— | |
| Cost of goods sold | $2.4b |
$2.6b
+10.08%
|
$2.5b
-2.39%
|
$2.5b
-2.33%
|
$2.9b
+18.08%
|
$2.9b
-0.21%
|
$3.1b
+7.19%
|
$2.8b
-11.50%
|
$2.9b
+3.00%
|
$3.0b
+4.28%
|
|
| Gross profit | $735.0m |
$776.0m
+5.58%
|
$711.0m
-8.38%
|
$556.0m
-21.80%
|
$707.0m
+27.16%
|
$683.0m
-3.39%
|
$756.0m
+10.69%
|
$705.0m
-6.75%
|
$731.0m
+3.69%
|
$779.0m
+6.57%
|
|
| Selling, general and administrative expenses | $249.0m | $249.0m | $249.0m | $277.0m | $216.0m | $216.0m | $247.0m | $240.0m | $240.0m | $243.0m | |
| Interest expense | $8.0m | $19.0m | $68.0m | $79.0m | $93.0m | $82.0m | $159.0m | $156.0m | $108.0m | $108.0m | |
| Gain on sale of equity investment (Note 26) | — | — | — | — | — | $0 | $0 | ($27.0m) | $0 | — | |
| Other expense, net (Note 4) | $130.0m | $120.0m | $40.0m | $46.0m | $1.0m | $2.0m | $5.0m | $6.0m | $10.0m | — | |
| Non-operating income, net (Note 5) | — | — | — | — | — | ($47.0m) | ($2.0m) | ($13.0m) | ($19.0m) | — | |
| Income before taxes | $366.0m | $396.0m | $346.0m | $119.0m | $538.0m | $496.0m | $347.0m | $343.0m | $392.0m | $449.0m | |
| Tax expense (Note 6) | $1.3b | ($810.0m) | $33.0m | $39.0m | $43.0m | $106.0m | $86.0m | $61.0m | $82.0m | — | |
| Net income | ($983.0m) |
$1.2b
+222.69%
|
$313.0m
-74.05%
|
$80.0m
-74.44%
|
$495.0m
+518.75%
|
$390.0m
-21.21%
|
$261.0m
-33.08%
|
$282.0m
+8.05%
|
$310.0m
+9.93%
|
$357.0m
+15.16%
|
|
| Net income (loss) available for distribution | — | — | $313.0m | $80.0m | $398.0m | $233.0m | ($51.0m) | $282.0m | $310.0m | $357.0m | |
| Less: preferred stock dividends (Note 19) | — | — | $0 | $0 | ($97.0m) | ($157.0m) | ($80.0m) | $0 | $0 | — | |
| Earnings (loss) per share, basic (in USD per share) | ($13.27) | $16.28 | $4.20 | $1.06 | $1.69 | $0.75 | ($0.31) | $1.27 | $1.55 | — | |
| Earnings (Loss) per share, diluted (in USD per share) | ($13.27) | $16.21 | $4.12 | $1.05 | $1.56 | $0.75 | ($0.31) | $1.26 | $1.52 | — | |
| Weighted average common shares outstanding, basic (in shares) | 74.1m | 74.1m | 74.6m | 75.5m | 69.7m | 64.7m | 166.6m | 222.3m | 199.8m | — | |
| Weighted average common shares outstanding, diluted (in shares) | 74.1m | 74.4m | 75.9m | 76.1m | 317.5m | 65.1m | 166.6m | 224.1m | 203.6m | — | |
| Less: preferred stock deemed dividends (Note 19) | — | — | — | — | $0 | $0 | ($232.0m) | $0 | $0 | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.