For the year ending 2025-12-31, GTX made $3,584M in revenue. $310M in net income. Net profit margin of 8.65%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net sales (note 3) | 3,584 | 3,475 | 3,886 | 3,603 |
| Cost of goods sold | 2,853 | 2,770 | 3,130 | 2,920 |
| Gross profit | 731 | 705 | 756 | 683 |
| Selling, general and administrative expenses | 240 | 240 | 247 | 216 |
| Other expense, net (note 4) | -10 | -6 | -5 | -2 |
| Interest expense | 108 | 156 | 159 | 82 |
| Loss on extinguishment of debt (note 17) | - | 0 | 0 | -5 |
| Non-operating income (note 6) | - | - | 2 | 121 |
| Gain on sale of equity investment (note 26) | 0 | 27 | - | - |
| Non-operating income, net (note 5) | 19 | 13 | - | - |
| Reorganization items, net (note 2) | - | 0 | 0 | 3 |
| Income before taxes | 392 | 343 | 347 | 496 |
| U.s. federal statutory tax rate | 82 | - | - | - |
| Domestic state and local income taxes, net of federal income tax effect | 0 | - | - | - |
| Tax credits | 1 | - | - | - |
| Nontaxable or nondeductible items | 0 | - | - | - |
| Global intangible low-taxed income | 17 | - | - | - |
| Us effects of foreign partnership | -1 | - | - | - |
| Other | -2 | - | - | - |
| Changes in valuation allowances-US | 3 | - | - | - |
| Other-US | -4 | - | - | - |
| Enacted changes in tax laws or rates-CN | 0 | - | - | - |
| Remeasurement deferred taxes-CN | -11 | - | - | - |
| Tax on distributions-CN | 3 | - | - | - |
| Other-CN | 6 | - | - | - |
| Statutory tax rate difference-CH | -30 | - | - | - |
| Changes in valuation allowances-CH | 1 | - | - | - |
| Enacted changes in tax laws or rates-CH | 0 | - | - | - |
| Tax on distributions-CH | 1 | - | - | - |
| Investment in jvs-CH | 0 | - | - | - |
| Cantonal tax-CH | 11 | - | - | - |
| Statutory impairment of investment in subsidiary - 2024 rtp-CH | -7 | - | - | - |
| Other-CH | 0 | - | - | - |
| Statutory tax rate difference-IN | 8 | - | - | - |
| Statutory tax rate difference-TH | 0 | - | - | - |
| Changes in valuation allowances-BR | 0 | - | - | - |
| Other-BR | 3 | - | - | - |
| Tax refund-KR | 0 | - | - | - |
| Other-KR | 1 | - | - | - |
| Statutory tax rate difference-Stateless | 0 | - | - | - |
| Statutory tax rate difference-Foreign Tax Jurisdiction Other | 4 | - | - | - |
| Changes in unrecognized tax benefits | -2 | - | - | - |
| Tax expense (note 6) | 82 | 61 | 86 | 106 |
| Net income | 310 | 282 | 261 | 390 |
| Less preferred stock dividends (note 19) | 0 | 0 | 80 | 157 |
| Less preferred stock deemed dividends (note 19) | 0 | 0 | 232 | - |
| Net income (loss) available for distribution | 310 | 282 | -51 | 233 |
| Basic EPS | 1.55 | 1.27 | -0.31 | 0.75 |
| Diluted EPS | 1.52 | 1.26 | -0.31 | 0.75 |
| Basic Average Shares | 199,758,058 | 222,316,484 | 166,595,397 | 64,708,635 |
| Diluted Average Shares | 203,623,998 | 224,121,156 | 166,595,397 | 65,075,992 |
Garrett Motion Inc. (GTX)
Garrett Motion Inc. (GTX)