Garrett Historical Income Statement
GTX Stock | USD 9.06 0.06 0.67% |
Historical analysis of Garrett Motion income statement accounts such as Depreciation And Amortization of 83.7 M or Interest Expense of 171.2 M can show how well Garrett Motion performed in making a profits. Evaluating Garrett Motion income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Garrett Motion's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Garrett Motion latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Garrett Motion is a good buy for the upcoming year.
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About Garrett Income Statement Analysis
Garrett Motion Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Garrett Motion shareholders. The income statement also shows Garrett investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Garrett Motion Income Statement Chart
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Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Most accounts from Garrett Motion's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Garrett Motion current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Garrett Motion. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Garrett Stock please use our How to Invest in Garrett Motion guide.At this time, Garrett Motion's Interest Expense is fairly stable compared to the past year. Selling General Administrative is likely to rise to about 252.9 M in 2024, whereas Tax Provision is likely to drop slightly above 75.4 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Interest Income | 11M | 76M | 7M | 6.7M | Tax Provision | 43M | 106M | 93M | 75.4M |
Garrett Motion income statement Correlations
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Garrett Motion Account Relationship Matchups
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Garrett Motion income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Tax Provision | 33M | 39M | 43M | 106M | 93M | 75.4M | |
Interest Income | 68M | 3M | 11M | 76M | 7M | 6.7M | |
Depreciation And Amortization | 73M | 87M | 92M | 84M | 90M | 83.7M | |
Interest Expense | 68M | 80M | 93M | 82M | 163M | 171.2M | |
Total Revenue | 3.2B | 3.0B | 3.6B | 3.6B | 3.9B | 3.6B | |
Gross Profit | 711M | 556M | 707M | 683M | 756M | 558.7M | |
Other Operating Expenses | 2.8B | 2.8B | 3.1B | 3.1B | 3.6B | 3.2B | |
Operating Income | 414M | 281M | 506M | 586M | 307M | 362.3M | |
Net Income From Continuing Ops | 313M | 80M | 495M | 390M | 321M | 274.9M | |
Ebit | 405M | 414M | 192M | 504M | 507M | 433.9M | |
Ebitda | 487M | 279M | 596M | 588M | 597M | 517.6M | |
Cost Of Revenue | 2.5B | 2.5B | 2.9B | 2.9B | 3.1B | 2.9B | |
Total Operating Expenses | 254M | 249M | 278M | 216M | 449M | 280.9M | |
Income Before Tax | 346M | 119M | 538M | 496M | 347M | 394.3M | |
Total Other Income Expense Net | (68M) | (160M) | 47M | 181M | 40M | 42M | |
Net Income Applicable To Common Shares | 313M | 80M | 398M | 233M | 268.0M | 230.2M | |
Net Income | 313M | 80M | 495M | 390M | 261M | 267.5M | |
Income Tax Expense | 33M | 39M | 43M | 106M | 86M | 92.2M | |
Net Interest Income | (61M) | (77M) | (93M) | (8M) | (55M) | (57.8M) | |
Reconciled Depreciation | 72M | 73M | 86M | 92M | 84M | 87.5M | |
Research Development | 129M | 111M | 136M | 153M | 175M | 129.1M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.