Garrett Motion
Supplies turbocharging and electric compression technologies for vehicles, industrial equipment, and aftermarket channels.
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Profile
Designs and manufactures turbochargers, electric-boosting and fuel-cell compression systems, high-speed electric motors, and industrial compressors for OEM and aftermarket channels. Turbocharging for combustion and hybrid powertrains still drives most sales, while Europe accounts for roughly half of a single-segment global business.
Designs and manufactures turbochargers, electric boosting systems, fuel-cell air compressors, high-speed electric motors, and air and refrigerant compressors for vehicle makers, industrial customers, and independent aftermarket distributors. Core demand still comes from gasoline, diesel, natural-gas, and hybrid engines, while E-Powertrain, E-Cooling, marine, power-generation, data-center, and industrial-air applications extend the same engineering base.
Combines high-speed motors, power electronics, controls software, oil-free bearings, and systems integration with a global manufacturing and engineering footprint. Europe contributes roughly half of sales, with the rest spread across the United States, China, other Asian markets, and elsewhere.
Reports as one segment. Revenue is concentrated in OEM programs, while aftermarket demand draws on the installed base. Results depend on global vehicle production, emissions rules, customer release schedules, and the pace of hybrid and battery-electric adoption.
Company facts
Categories
Key statistics
Year to date +53.5% · Average volume (30d) 2.4M
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Prior rating | Rating | Prior target | Target |
|---|---|---|---|---|---|---|
| Jul 30, 2026 | Deutsche Bank | Upgrade | Hold | Buy | $24 | $36 |
| May 21, 2026 | RBC Capital | Target | $42 | |||
| May 14, 2026 | Stifel Nicolaus | Target | $21 | $36 | ||
| May 1, 2026 | Deutsche Bank | Target | $14 | $24 | ||
| Dec 16, 2025 | Stifel Nicolaus | Target | $20 | $21 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 29, 2026Q2 FY26 | $0.46 | $0.53 | +14.3% | $962.9M | $976.0M | +1.4% | −3.81% |
| Apr 30, 2026Q1 FY26 | $0.42 | $0.49 | +16.7% | $912.7M | $985.0M | +7.9% | +1.02% |
| Feb 19, 2026Q4 FY25 | $0.35 | $0.42 | +20.0% | $875.2M | $891.0M | +1.8% | −1.92% |
| Oct 23, 2025Q3 FY25 | $0.33 | $0.38 | +15.2% | $875.1M | $902.0M | +3.1% | +13.80% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $878.0M | $913.0M | $902.0M | $891.0M | $985.0M | $976.0M | |
| Gross profit | $219.0M | $226.0M | $220.0M | $213.0M | $236.0M | $62.0M | |
| Operating income | $130.0M | $123.0M | $133.0M | $115.0M | $153.0M | −$2.0M | |
| Net income | $62.0M | $87.0M | $77.0M | $84.0M | $95.0M | $101.0M | |
| Diluted EPS | $0.30 | $0.42 | $0.38 | $0.43 | $0.49 | $0.53 | |
| Gross margin | 24.9% | 24.8% | 24.4% | 23.9% | 24.0% | 6.4% | |
| Operating margin | 14.8% | 13.5% | 14.7% | 12.9% | 15.5% | -0.2% |
Fiscal years (4-quarter sums)FY21 $3.63B · FY22 $3.60B · FY23 $3.89B · FY24 $3.48B · FY25 $3.58B
Balance sheet, Jun 30, 2026Cash & short-term investments $158.0M · Total debt $1.42B · Total assets $2.47B · Shareholders' equity −$675.0M
Dividends
Last raised to $0.08 from $0.06 in Dec 2025. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jun 1, 2026 | Jun 1 | Jun 15 | $0.08 | |
| Mar 2, 2026 | Mar 2 | Mar 16 | $0.08 | |
| Dec 1, 2025 | Dec 1 | Dec 15 | $0.08 | raised from $0.06 |
| Sep 2, 2025 | Sep 2 | Sep 16 | $0.06 | |
| Jun 2, 2025 | Jun 2 | Jun 16 | $0.06 | |
| Jan 15, 2025 | Jan 15 | Jan 31 | $0.06 |
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 186.49M · Float 184.37M · 98.9% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| Cyrus Capital Partners, L.P. · 10 percent owner | 20.01M | 10.73% | Form 4 | Sep 11, 2025 |
| FMR LLC | 16.65M | 8.93% | 13F | Aug 13, 2026 |
| BlackRock, Inc. | 12.75M | 6.83% | 13F | Aug 7, 2026 |
| Fuller & Thaler Asset Management, Inc. | 11.38M | 6.10% | 13F | Aug 12, 2026 |
| Jeffrey H. Aronson | 9.80M | 5.00% | 13D | Aug 22, 2025 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 24, 2026 | Mark Albert Rodrigues | officer: SVP, GM GBEs Turbo Tech | −6,140 | $33.30 |
| Jun 12, 2026 | Mark Albert Rodrigues | officer: SVP, GM GBEs Turbo Tech | −10,516 | $33.82 |
| Jun 5, 2026 | Sean Deason | officer: SVP & Chief Financial Officer | −110,000 | $31.93 |
| May 29, 2026 | Thierry Mabru | officer: SVP, Integrated Supply Chain | −70,000 | $33.00 |
| May 15, 2026 | Daniel A. Ninivaggi | director | −17,178 | $31.22 |
Peers
- BorgWarner
Broadest overlap in turbochargers and electric boosting
- Cummins
Heavy-duty turbo overlap in commercial engines
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Garrett Motion | $26.66 | −0.04% | $4.97B | 14.6 | 13.2 | 1.3 | +6.9% |
| BorgWarner | $63.84 | −0.37% | $13.15B | 32.0 | 11.8 | 0.9 | +0.3% |
| Cummins | $564.40 | −0.03% | $77.94B | 28.9 | 17.0 | 2.2 | +9.4% |
| Median | 30.5 | 14.4 | 1.6 | +4.8% |