What is Garrett Motion Inc.'s net debt?

Garrett Motion Inc. (GTX) reported net debt of $1.33B in Q1 2026.

How has Garrett Motion Inc.'s net debt changed year-over-year?

Garrett Motion Inc.'s net debt decreased by 4.7% year-over-year, from $1.39B to $1.33B.

What is the long-term trend for Garrett Motion Inc.'s net debt?

Over 5 years (2020 to 2025), Garrett Motion Inc.'s net debt has grown at a 19.6% compound annual growth rate (CAGR), from $529M to $1.29B.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

Garrett Motion Inc. GTX Net debt

Discontinued — last reported Q1 '26

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Other financials

Income statement

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Revenue$985.0M+12.2%

Gross profit$196.0M+9.5%

Net income$95.0M+53.2%

EPS (diluted)$0.49+63.3%

Balance sheet

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Cash & equivalents$142.0M+9.2%

Total debt$1.5B-3.5%

Total equity-$781.0M-11.6%

Total assets$2.4B+4.3%

Cash flow

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Operating cash flow$98.0M+75.0%

CapEx$29.0M+11.5%

Free cash flow$69.0M+130%

Valuation

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Market cap$6.42B+101%

Enterprise value$7.75B+53.8%

P/E18.7×+7.2×

P/S1.7×+0.8×

Profitability

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Gross margin20.3%-0.4pp

Net margin9.3%+1.2pp

FCF margin10.3%+1.7pp

Returns & leverage

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Return on equity-46.3%—

Debt / equity-1.9×—

Current ratio1×0.0×

Where this comes from

Calculated from Garrett Motion Inc.’s reported figures.

$1.5Btotal debt−$142.0Mcash and equivalents=$1.33B

The official record: Garrett Motion Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Garrett Motion Inc.'s net debt?: Garrett Motion Inc. (GTX) reported net debt of $1.33B in Q1 2026.
How has Garrett Motion Inc.'s net debt changed year-over-year?: Garrett Motion Inc.'s net debt decreased by 4.7% year-over-year, from $1.39B to $1.33B.
What is the long-term trend for Garrett Motion Inc.'s net debt?: Over 5 years (2020 to 2025), Garrett Motion Inc.'s net debt has grown at a 19.6% compound annual growth rate (CAGR), from $529M to $1.29B.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.