Garrett Gross Profit from 2010 to 2024

GTX Stock  USD 8.48  0.11  1.31%   
Garrett Motion Gross Profit yearly trend continues to be fairly stable with very little volatility. Gross Profit will likely drop to about 558.7 M in 2024. Gross Profit is the profit Garrett Motion makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2017-06-30
Previous Quarter
185 M
Current Value
166 M
Quarterly Volatility
24.1 M
 
Covid
Check Garrett Motion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Garrett Motion's main balance sheet or income statement drivers, such as Tax Provision of 75.4 M, Interest Income of 6.7 M or Depreciation And Amortization of 83.7 M, as well as many indicators such as Price To Sales Ratio of 0.33, Dividend Yield of 0.0248 or Days Sales Outstanding of 60.66. Garrett financial statements analysis is a perfect complement when working with Garrett Motion Valuation or Volatility modules.
  
Check out the analysis of Garrett Motion Correlation against competitors.
For more information on how to buy Garrett Stock please use our How to Invest in Garrett Motion guide.

Latest Garrett Motion's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Garrett Motion over the last few years. Gross profit is a required income statement account that reflects total revenue of Garrett Motion minus its cost of goods sold. It is profit before Garrett Motion operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Garrett Motion's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Garrett Motion's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 687 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Garrett Gross Profit Regression Statistics

Arithmetic Mean699,244,444
Geometric Mean696,058,955
Coefficient Of Variation9.44
Mean Deviation48,974,815
Median729,000,000
Standard Deviation65,991,638
Sample Variance4354.9T
Range220M
R-Value(0.43)
Mean Square Error3839.5T
R-Squared0.18
Significance0.11
Slope(6,283,333)
Total Sum of Squares60968.5T

Garrett Gross Profit History

2024558.7 M
2023756 M
2022683 M
2021707 M
2020556 M
2019711 M
2018776 M

Other Fundumenentals of Garrett Motion

Garrett Motion Gross Profit component correlations

0.0-0.130.29-0.50.28-0.290.52-0.370.30.120.720.90.59-0.18-0.36-0.20.050.11-0.29-0.14-0.33
0.00.970.55-0.090.690.1-0.20.31-0.95-0.43-0.31-0.13-0.17-0.040.430.29-0.23-0.360.690.70.32
-0.130.970.380.050.560.23-0.280.53-0.94-0.54-0.41-0.24-0.280.10.540.4-0.24-0.480.80.770.53
0.290.550.38-0.770.83-0.690.54-0.42-0.470.470.330.40.58-0.81-0.45-0.570.370.55-0.16-0.07-0.37
-0.5-0.090.05-0.77-0.610.88-0.90.5-0.07-0.67-0.76-0.76-0.940.850.810.83-0.47-0.720.540.540.47
0.280.690.560.83-0.61-0.560.38-0.19-0.590.220.340.320.45-0.62-0.29-0.340.190.24-0.030.03-0.14
-0.290.10.23-0.690.88-0.56-0.890.56-0.16-0.88-0.73-0.58-0.890.970.930.95-0.68-0.890.740.70.51
0.52-0.2-0.280.54-0.90.38-0.89-0.380.340.780.840.80.97-0.79-0.91-0.890.710.78-0.69-0.65-0.33
-0.370.310.53-0.420.5-0.190.56-0.38-0.37-0.61-0.5-0.42-0.480.580.620.55-0.09-0.650.720.620.99
0.3-0.95-0.94-0.47-0.07-0.59-0.160.34-0.370.390.520.410.340.02-0.49-0.310.170.33-0.71-0.71-0.37
0.12-0.43-0.540.47-0.670.22-0.880.78-0.610.390.590.40.75-0.85-0.93-0.960.790.98-0.88-0.81-0.56
0.72-0.31-0.410.33-0.760.34-0.730.84-0.50.520.590.910.91-0.58-0.82-0.660.340.54-0.73-0.71-0.46
0.9-0.13-0.240.4-0.760.32-0.580.8-0.420.410.40.910.86-0.45-0.65-0.520.270.4-0.51-0.43-0.38
0.59-0.17-0.280.58-0.940.45-0.890.97-0.480.340.750.910.86-0.79-0.91-0.860.570.74-0.71-0.68-0.44
-0.18-0.040.1-0.810.85-0.620.97-0.790.580.02-0.85-0.58-0.45-0.790.830.91-0.63-0.880.620.590.54
-0.360.430.54-0.450.81-0.290.93-0.910.62-0.49-0.93-0.82-0.65-0.910.830.96-0.69-0.910.910.870.57
-0.20.290.4-0.570.83-0.340.95-0.890.55-0.31-0.96-0.66-0.52-0.860.910.96-0.78-0.970.80.770.5
0.05-0.23-0.240.37-0.470.19-0.680.71-0.090.170.790.340.270.57-0.63-0.69-0.780.76-0.54-0.41-0.01
0.11-0.36-0.480.55-0.720.24-0.890.78-0.650.330.980.540.40.74-0.88-0.91-0.970.76-0.82-0.76-0.61
-0.290.690.8-0.160.54-0.030.74-0.690.72-0.71-0.88-0.73-0.51-0.710.620.910.8-0.54-0.820.940.68
-0.140.70.77-0.070.540.030.7-0.650.62-0.71-0.81-0.71-0.43-0.680.590.870.77-0.41-0.760.940.61
-0.330.320.53-0.370.47-0.140.51-0.330.99-0.37-0.56-0.46-0.38-0.440.540.570.5-0.01-0.610.680.61
Click cells to compare fundamentals

About Garrett Motion Financial Statements

Garrett Motion investors use historical fundamental indicators, such as Garrett Motion's Gross Profit, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Garrett Motion. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit756 M558.7 M
Gross Profit Margin 0.19  0.23 

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Additional Tools for Garrett Stock Analysis

When running Garrett Motion's price analysis, check to measure Garrett Motion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Garrett Motion is operating at the current time. Most of Garrett Motion's value examination focuses on studying past and present price action to predict the probability of Garrett Motion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Garrett Motion's price. Additionally, you may evaluate how the addition of Garrett Motion to your portfolios can decrease your overall portfolio volatility.