Garrett Motion Rings Nasdaq Bell as 2.5M-Share Buyback Drives Confidence
By ATTN Desk · Editorial oversight: Sean Han
Introduction
Garrett Motion Inc. (NASDAQ: GTX) is an engineering and manufacturing company specializing in turbochargers, electric compressors, and integrated propulsion solutions for passenger cars, commercial vehicles, and industrial applications. Headquartered in Rolle, Switzerland, Garrett Motion has operated as an independent, publicly traded company since its spin-off from Honeywell in October 2018. The company’s Korean name is 가렛 모션.
Corporate Structure
As of 2025, Garrett Motion employs approximately 9,300 professionals across more than 20 countries. Its R&D footprint comprises five centers focusing on turbocharging, electrification, and thermal management, supported by 13 manufacturing sites worldwide. Garrett’s organizational model balances centralized engineering expertise with local production and customer support, enabling partnerships with original equipment manufacturers (OEMs) globally.
Turbocharger by Raphael Schaller
Recent Developments and News
- On November 3, 2025, Garrett Motion repurchased 2,500,000 common shares, reducing its outstanding share count from 196,982,518 to 194,482,518, according to a Schedule 13D/A filing dated November 5, 2025.
- The same filing reported that entities affiliated with Oaktree Capital (Oaktree Value Opportunities Fund Holdings, L.P. and OCM Opps GTM Holdings, LLC) together hold approximately 12.06% of the outstanding shares, while Cyrus Capital Partners, L.P. holds 7.3%. Concentrated ownership may influence corporate governance and strategic decisions.
- On an unspecified date in 2025, Garrett Motion acknowledged its 70th anniversary. President and CEO Olivier Rabiller rang the Nasdaq Opening Bell in Times Square to commemorate the event.
- Garrett’s participation at EICMA 2025 in Milan highlighted its electric turbo and e-axle solutions for two-wheelers. The company also sponsored Formula SAE events in the USA and the Czech Republic, awarding its Garrett Innovation Awards to the University of Washington and Politecnico di Milano teams.
- OEM Collaboration: Garrett announced that the 2026 Dodge Charger Scat Pack will utilize twin GT2054 turbochargers rated at 30 psi peak boost and 54 mm turbine wheel diameter.
Financial and Strategic Analysis
Garrett Motion reported trailing twelve-month revenue of $3.54 billion and net income of $326 million as of October 24, 2025. The company maintains a profit margin of 9.22% and a return on assets of 13.86%. As of November 13, 2025, key financial metrics were as follows:
| Metric | Value |
|---|---|
| Stock Price | $17.20 (+0.41%) |
| Shares Outstanding | 194,482,518 |
| Market Capitalization | $3.30 billion |
| Revenue (TTM) | $3.54 billion |
| Net Income (TTM) | $326 million |
| EPS (TTM) | $1.56 |
| Trailing P/E | 9.77 |
| Forward P/E | 8.94 |
| Price/Sales | 0.85 |
| Dividend Yield (Forward) | 1.88% (ex-dividend: Dec 1, 2025) |
| Total Cash (MRQ) | $230 million |
| Levered Free Cash Flow (TTM) | $334 million |
The share repurchase program indicates a management strategy to optimize capital structure and potential returns. The institutional stakes held by Oaktree and Cyrus Capital suggest active investment interest.
Market Position and Industry Context
Garrett Motion operates in the global vehicle propulsion market, supplying both internal combustion engine (ICE) turbochargers and electrification components for hybrid, battery electric (BEV), and fuel cell (FCEV) platforms. Its products aim to comply with emissions regulations in Europe, North America, and China by enhancing engine efficiency and enabling zero-emission technologies. The company competes with major automotive suppliers such as BorgWarner, Continental, and Cummins in turbocharging, while its electric compressors and 3-in-1 e-axle solutions position Garrett within the growing electrification segment.
Garrett’s participation in motorsports and aftermarket performance supports its engineering capabilities. Additionally, partnerships with OEMs in applications from light-duty vehicles to heavy-duty mining equipment reflect a diversified market presence.
tl;dr
On November 3, 2025, Garrett Motion repurchased 2.5 million shares, lowering its float to 194.5 million, while entities affiliated with Oaktree and Cyrus Capital together control approximately 19% of shares. The company commemorated its 70th anniversary by ringing the Nasdaq Opening Bell in 2025 and continues to showcase electrified propulsion technologies at events like EICMA 2025. As of November 13, 2025, Garrett trades at $17.20 per share with a forward P/E of 8.94 and a dividend yield of 1.88% (ex-dividend date: December 1, 2025). The one-year analyst price target stands at $17.00.