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Garrett Motion (Garrett Motion) Net Margin % : 7.21% (As of Mar. 2024)


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What is Garrett Motion Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Garrett Motion's Net Income for the three months ended in Mar. 2024 was $66.00 Mil. Garrett Motion's Revenue for the three months ended in Mar. 2024 was $915.00 Mil. Therefore, Garrett Motion's net margin for the quarter that ended in Mar. 2024 was 7.21%.

The historical rank and industry rank for Garrett Motion's Net Margin % or its related term are showing as below:

GTXAP.PFD' s Net Margin % Range Over the Past 10 Years
Min: -31.75   Med: 8.73   Max: 35.73
Current: 6.42


GTXAP.PFD's Net Margin % is ranked better than
70.3% of 1286 companies
in the Vehicles & Parts industry
Industry Median: 3.325 vs GTXAP.PFD: 6.42

Garrett Motion Net Margin % Historical Data

The historical data trend for Garrett Motion's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Garrett Motion Net Margin % Chart

Garrett Motion Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only 9.64 2.64 13.63 10.82 6.72

Garrett Motion Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.35 7.02 5.94 5.50 7.21

Competitive Comparison of Garrett Motion's Net Margin %

For the Auto Parts subindustry, Garrett Motion's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Garrett Motion's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Garrett Motion's Net Margin % distribution charts can be found below:

* The bar in red indicates where Garrett Motion's Net Margin % falls into.



Garrett Motion Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Garrett Motion's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=261/3886
=6.72 %

Garrett Motion's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=66/915
=7.21 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Garrett Motion  (NAS:GTXAP.PFD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Garrett Motion Net Margin % Related Terms

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Garrett Motion (Garrett Motion) Business Description

Traded in Other Exchanges
Address
La Piece 16, Rolle, CHE, 1180
Garrett Motion Inc designs, manufactures and sells engineered turbocharger and electric-boosting technologies for light and commercial vehicle original equipment manufacturers (OEMs) and the vehicle independent aftermarket, as well as automotive software solutions. The company is a technology leader with expertise in delivering products across gasoline, diesel, natural gas and electrified powertrains. The company also sells its technologies in the aftermarket through its distribution network.