Garrett Motion Business Summary

Garrett Motion Inc. (GTX) is a leading technology provider in the automotive industry, primarily generating revenue through the design, manufacture, and sale of engineered turbocharger and electric-boosting technologies for light and commercial vehicle original equipment manufacturers (OEMs). As of early 2026, the company’s revenue is diversified across four primary business segments: Gasoline ($1.59B), Diesel ($837M), Commercial Vehicles ($654M), and a robust Aftermarket division ($438M) that provides replacement parts through a global distribution network. The company is aggressively pivoting toward zero-emission solutions, securing major awards for its E-Powertrain and E-Cooling technologies. Garrett Motion competes directly with global Tier 1 suppliers such as BorgWarner, Cummins, and Continental. Within this landscape, Garrett maintains a dominant position as a high-margin technology specialist, leveraging its deep expertise in high-speed rotating machinery to lead the industry's transition from traditional internal combustion engines to hybridized and fully electrified powertrains. Following its 2018 spin-off from Honeywell International, Garrett Motion is led by President and CEO Olivier Rabiller, who previously headed Honeywell’s Transportation Systems division and has been instrumental in navigating the company through its post-spin restructuring and strategic pivot. The leadership team includes Senior VP and CTO Craig Balis, a veteran engineer with over two decades of experience in electric boosting and turbocharging, and CFO Sean Deason, who joined in 2020 with a background in global automotive finance from WABCO. The company’s strategic direction is overseen by an independent Board of Directors chaired by Daniel Ninivaggi, former CEO of Lordstown Motors and Icahn Enterprises. With institutional ownership exceeding 85%, the company maintains a disciplined capital allocation strategy, supported by notable board members such as Paul Camuti and Joachim Drees, who bring extensive expertise from the industrial and electric vehicle software sectors.