Garrett Motion Inc. Earnings Recaps
Q3 2025
Oct 23, 2025
Garrett Motion reported robust third-quarter 2025 results, with net sales up 6% at constant currency, driven by strong gasoline turbo sales and operational efficiencies.
Key takeaways
- Net sales reached $902 million, reflecting 10% growth in gasoline applications and increased production stability.
- Adjusted EBIT was $133 million, with a margin of 14.7%, aided by productivity gains despite an unfavorable product mix and tariff impacts.
- Strong adjusted free cash flow of $107 million and a 33% increase in the quarterly dividend to $0.08 per share underscore the company’s commitment to shareholder value.
- Continued growth in demand for hybrid and electric vehicle technologies positions Garrett for long-term expansion opportunities.
- Ongoing success in securing awards for commercial and industrial turbocharger applications highlights Garrett's strategic diversification.
Q2 2025
Jul 25, 2025
Garrett Motion reported solid financial results for Q2 2025, with net sales of $913 million flat at constant currency and robust performance in gasoline turbo sales, defying industry trends.
Key takeaways
- Achieved adjusted EBIT of $124 million, corresponding to a 13.6% margin despite tariff-related dilution.
- Generated strong adjusted free cash flow of $121 million, with a conversion rate of 62% for the first half of 2025.
- Awarded over $1 billion in light vehicle program extensions, enhancing visibility for future turbo sales and reinforcing demand for Garrett's technologies.
- Continued progress in zero-emission technologies, including successful bids for E-turbo and Fuel Cell Compressor projects, signaling growth in new market segments.
- Initiated stock repurchases totaling $22 million and declared a quarterly dividend of $12 million, reflecting commitment to shareholder value.