← Garrett Motion Inc.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Net income ($983.0m) $1.2b $313.0m $80.0m $495.0m $390.0m $261.0m $282.0m $310.0m
Net Income From Continuing Operations — — — — — $390.0m $261.0m $282.0m $310.0m
Depreciation $64.0m $72.0m $73.0m $86.0m $92.0m $84.0m $90.0m $90.0m $99.0m
Amortization of deferred debt issuance costs — — — — $7.0m $8.0m $20.0m $37.0m $7.0m
Depreciation Amortization Depletion — — — — — $84.0m $90.0m $90.0m $99.0m
Deferred income taxes $973.0m ($931.0m) ($41.0m) ($34.0m) ($36.0m) $46.0m $24.0m $7.0m $9.0m
Deferred Income Tax — — — — — $46.0m $24.0m $7.0m $9.0m
Deferred Tax — — — — — $46.0m $24.0m $7.0m $9.0m
Stock compensation expense $15.0m $21.0m $18.0m $10.0m $7.0m $11.0m $14.0m $23.0m $27.0m
Gain on sale of equity investment (Note 26) — — — — — $0 $0 ($27.0m) $0
Proceeds from sale of equity investment — — — — — $0 $0 $46.0m $3.0m
Loss on remeasurement of forward purchase contract — — — — $0 $0 $13.0m $0 $0
Foreign exchange (gain) loss ($24.0m) $15.0m $19.0m ($58.0m) $7.0m ($1.0m) ($15.0m) $27.0m ($66.0m)
Pension expense $9.0m $10.0m $18.0m $15.0m ($2.0m) ($28.0m) ($1.0m) ($6.0m) ($8.0m)
Unrealized loss (gain) on derivatives — — — $20.0m $1.0m ($65.0m) $51.0m ($2.0m) $73.0m
Other $6.0m $3.0m $16.0m ($4.0m) $0 $0 ($1.0m) ($10.0m) ($2.0m)
Accounts, notes and other receivables ($42.0m) ($30.0m) $32.0m ($162.0m) $18.0m ($102.0m) $1.0m $89.0m $22.0m
Inventories ($46.0m) $2.0m ($60.0m) ($14.0m) ($31.0m) ($48.0m) $12.0m ($48.0m) ($35.0m)
Other assets $1.0m ($46.0m) ($22.0m) ($45.0m) ($32.0m) $34.0m ($2.0m) ($25.0m) ($18.0m)
Accounts payable $88.0m $63.0m $87.0m $41.0m ($75.0m) $108.0m $8.0m ($52.0m) $8.0m
Accrued liabilities $41.0m $49.0m ($60.0m) ($13.0m) ($46.0m) ($17.0m) ($8.0m) $26.0m ($46.0m)
Other liabilities $14.0m ($27.0m) ($20.0m) $2.0m $87.0m ($32.0m) ($10.0m) ($7.0m) $21.0m
Proceeds from cross-currency swap contracts — — — — $1.0m $0 $28.0m $31.0m $28.0m
Proceeds from revolving credit facilities — $331.0m $745.0m $1.4b $0 $0 $0 $0 $70.0m
Payments of revolving credit facilities — ($331.0m) ($745.0m) ($1.1b) ($370.0m) $0 $0 $0 ($70.0m)
Repurchases of Series A Preferred Stock — — $0 $0 ($15.0m) ($7.0m) ($580.0m) $0 $0
Payments of Additional Amounts for conversion of Series A Preferred Stock — — — — $0 $0 ($25.0m) $0 $0
Beginning Cash Position — — — — — $464.0m $248.0m $260.0m $126.0m
Cash Flow From Continuing Financing Activities — — — — — ($482.0m) ($403.0m) ($520.0m) ($326.0m)
Cash Flow From Continuing Investing Activities — — — — — ($91.0m) ($55.0m) ($14.0m) ($41.0m)
Change In Account Payable — — — — — $108.0m $8.0m ($52.0m) $8.0m
Change In Accrued Expense — — — — — ($17.0m) ($8.0m) $26.0m ($46.0m)
Change In Inventory — — — — — ($48.0m) $12.0m ($48.0m) ($35.0m)
Change In Other Current Assets — — — — — $34.0m ($2.0m) ($25.0m) ($18.0m)
Change In Other Current Liabilities — — — — — ($32.0m) ($10.0m) ($7.0m) $21.0m
Change In Payable — — — — — $108.0m $8.0m ($52.0m) $8.0m
Change In Payables And Accrued Expense — — — — — $91.0m $0 ($26.0m) ($38.0m)
Change In Receivables — — — — — ($102.0m) $1.0m $89.0m $22.0m
Change In Working Capital — — — — — ($57.0m) $1.0m ($17.0m) ($48.0m)
Changes In Account Receivables — — — — $18.0m ($102.0m) — — —
Changes In Cash — — — — — ($198.0m) $7.0m ($126.0m) $46.0m
End Cash Position — — — — — $248.0m $260.0m $126.0m $179.0m
Financing Cash Flow — — — — — ($482.0m) ($403.0m) ($520.0m) ($326.0m)
Free Cash Flow — — — — — $284.0m $382.0m $317.0m $341.0m
Gain Loss On Investment Securities — — — — — ($65.0m) $64.0m ($2.0m) $73.0m
Gain Loss On Sale Of Business — — — — — $0 $0 ($27.0m) $0
Investing Cash Flow — — — — — ($91.0m) ($55.0m) ($14.0m) ($41.0m)
Issuance Of Capital Stock — — — — $1.3b $0 $0 — —
Net Business Purchase And Sale — — — — — $0 $0 $46.0m $3.0m
Net Foreign Currency Exchange Gain Loss — — — — — ($1.0m) ($15.0m) $27.0m ($66.0m)
Net Preferred Stock Issuance — — — — — ($388.0m) ($605.0m) $0 $0
Operating Gains Losses — — — — — ($89.0m) $48.0m ($8.0m) ($1.0m)
Other Non Cash Items — — — — — ($10.0m) $27.0m $31.0m $17.0m
Pension And Employee Benefit Expense — — — — — ($28.0m) ($1.0m) ($6.0m) ($8.0m)
Preferred Stock Issuance — — — — $1.3b $0 $0 — —
Preferred Stock Payments — — — — — ($388.0m) ($605.0m) $0 $0
Repurchase Of Capital Stock — — — — — ($388.0m) ($818.0m) ($296.0m) ($208.0m)
Sale Of Business — — — — — $0 $0 $46.0m $3.0m
Stock Based Compensation — — — — — $11.0m $14.0m $23.0m $27.0m
Net cash provided by operating activities $71.0m $373.0m $242.0m $25.0m ($310.0m) $375.0m $465.0m $408.0m $413.0m
Expenditures for property, plant and equipment ($103.0m) ($95.0m) ($102.0m) ($80.0m) ($72.0m) ($91.0m) ($83.0m) ($91.0m) ($72.0m)
Capital Expenditure — — — — — ($91.0m) ($83.0m) ($91.0m) ($72.0m)
Capital Expenditure Reported — $95.0m $102.0m $80.0m $72.0m ($91.0m) ($83.0m) ($91.0m) ($72.0m)
Net Investment Purchase And Sale — — — — — $0 $28.0m $31.0m $28.0m
Sale Of Investment — — — — — $0 $28.0m $31.0m $28.0m
Net cash used for investing activities $30.0m $192.0m ($86.0m) ($80.0m) ($71.0m) ($91.0m) ($55.0m) ($14.0m) ($41.0m)
Proceeds from issuance of long-term debt, net of deferred financing costs — — $0 $0 $1.2b $0 $667.0m $794.0m $80.0m
Issuance Of Debt — — — — — $0 $667.0m $794.0m $150.0m
Long Term Debt Issuance — — — — — $0 $667.0m $794.0m $150.0m
Net Issuance Payments Of Debt — — — — — ($11.0m) $458.0m ($206.0m) ($61.0m)
Net Long Term Debt Issuance — — — — — ($11.0m) $458.0m ($206.0m) ($61.0m)
Payments of long-term debt — ($6.0m) ($163.0m) ($2.0m) ($1.5b) ($7.0m) ($207.0m) ($992.0m) ($139.0m)
Payments for debt and revolving facility financing costs — — $0 $0 ($7.0m) ($4.0m) ($2.0m) ($8.0m) ($2.0m)
Long Term Debt Payments — — — — — ($11.0m) ($209.0m) ($1.0b) ($211.0m)
Repayment Of Debt — — — — — ($11.0m) ($209.0m) ($1.0b) ($211.0m)
Net Common Stock Issuance — — — — — $0 ($213.0m) ($296.0m) ($208.0m)
Repurchases of Common Stock — — $0 $0 ($4.0m) $0 ($213.0m) ($296.0m) ($208.0m)
Excise tax on Common Stock repurchase — — — — — $0 $0 ($8.0m) ($3.0m)
Common Stock Payments — — — — — $0 ($213.0m) ($296.0m) ($208.0m)
Payments for dividends — — — $0 $0 ($83.0m) ($42.0m) $0 ($52.0m)
Dividends declared, not paid — — — — — $0 $0 $13.0m $0
Cash Dividends Paid — — — — — ($83.0m) ($42.0m) $0 ($52.0m)
Preferred Stock Dividend Paid — — — — $0 ($83.0m) ($42.0m) $0 —
Net Other Financing Charges — — — — — ($4.0m) ($1.0m) ($18.0m) ($5.0m)
Net cash used for financing activities $60.0m ($658.0m) ($163.0m) $530.0m $139.0m ($482.0m) ($403.0m) ($520.0m) ($326.0m)
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash $20.0m ($11.0m) ($2.0m) $31.0m $13.0m ($18.0m) $5.0m ($8.0m) $7.0m
Effect Of Exchange Rate Changes — — — — — ($18.0m) $5.0m ($8.0m) $7.0m
Net increase (decrease) in cash, cash equivalents and restricted cash $181.0m ($104.0m) ($9.0m) $506.0m ($229.0m) ($216.0m) $12.0m ($134.0m) $53.0m
Cash, cash equivalents and restricted cash at beginning of period $300.0m $196.0m $187.0m $693.0m $464.0m $248.0m $260.0m $126.0m $179.0m
Change In Cash Supplemental As Reported — — — — — ($216.0m) $12.0m ($134.0m) $53.0m
Interest paid $5.0m $12.0m $54.0m $63.0m $61.0m $65.0m $89.0m $88.0m $95.0m
Income taxes paid (net of refunds and credits) $430.0m $76.0m $93.0m $44.0m $61.0m $42.0m $60.0m $64.0m $62.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.