← Garrett Motion Inc.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Net sales (Note 3) $3.1b $3.4b $3.2b $3.0b $3.6b $3.6b $3.9b $3.5b $3.6b
Cost of goods sold $2.4b $2.6b $2.5b $2.5b $2.9b $2.9b $3.1b $2.8b $2.9b
Gross profit $735.0m $776.0m $711.0m $556.0m $707.0m $683.0m $756.0m $705.0m $731.0m
Gain on sale of equity investment (Note 26) — — — — — $0 $0 ($27.0m) $0
Non-operating income, net (Note 5) — — — — — ($47.0m) ($2.0m) ($13.0m) ($19.0m)
Less: preferred stock dividends (Note 19) — — $0 $0 ($97.0m) ($157.0m) ($80.0m) $0 $0
Less: preferred stock deemed dividends (Note 19) — — — — $0 $0 ($232.0m) $0 $0
Income before taxes $366.0m $396.0m $346.0m $119.0m $538.0m $496.0m $347.0m $343.0m $392.0m
Net income ($983.0m) $1.2b $313.0m $80.0m $495.0m $390.0m $261.0m $282.0m $310.0m
Net income (loss) available for distribution — — $313.0m $80.0m $398.0m $233.0m ($51.0m) $282.0m $310.0m
Earnings (loss) per share, basic (in USD per share) ($13.27) $16.28 $4.20 $1.06 $1.69 $0.75 ($0.31) $1.27 $1.55
Earnings (Loss) per share, diluted (in USD per share) ($13.27) $16.21 $4.12 $1.05 $1.56 $0.75 ($0.31) $1.26 $1.52
Weighted average common shares outstanding, basic (in shares) 74.1m 74.1m 74.6m 75.5m 69.7m 64.7m 166.6m 222.3m 199.8m
Weighted average common shares outstanding, diluted (in shares) 74.1m 74.4m 75.9m 76.1m 317.5m 65.1m 166.6m 224.1m 203.6m
Selling, general and administrative expenses $249.0m $249.0m $249.0m $277.0m $216.0m $216.0m $247.0m $240.0m $240.0m
Other expense, net (Note 4) $130.0m $120.0m $40.0m $46.0m $1.0m $2.0m $5.0m $6.0m $10.0m
Interest expense $8.0m $19.0m $68.0m $79.0m $93.0m $82.0m $159.0m $156.0m $108.0m
Tax expense (Note 6) $1.3b ($810.0m) $33.0m $39.0m $43.0m $106.0m $86.0m $61.0m $82.0m

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.