Garrett Motion Inc. Files 2024 10-K

TL;DR

Garrett Motion filed its 2024 10-K, detailing FY performance ending Dec 31, 2024.

AI Summary

Garrett Motion Inc. filed its 2024 10-K on February 20, 2025, reporting on its fiscal year ending December 31, 2024. The company, formerly known as Garrett Transportation Systems Inc. until March 27, 2018, is incorporated in Delaware and headquartered in Rolle, Switzerland. Key financial data and business operations for the period are detailed within the filing.

Why It Matters

This filing provides a comprehensive overview of Garrett Motion's financial health and operational performance for the fiscal year 2024, crucial for investors and stakeholders to assess the company's trajectory.

Risk Assessment

Risk Level: medium — The provided text is a standard 10-K filing header and does not contain specific risk factors or financial performance details that would indicate a high or low risk level.

Key Numbers

• 2024 — Fiscal Year (Reporting period for the 10-K filing.)
• 1231 — Fiscal Year End (Indicates the end date of the reporting fiscal year.)
• 20250220 — Filing Date (The date the 10-K was officially filed with the SEC.)

Key Players & Entities

• Garrett Motion Inc. (company) — Filer
• Garrett Transportation Systems Inc. (company) — Former company name
• 20241231 (date) — Fiscal year end
• 20250220 (date) — Filing date
• 0001735707 (company) — Central Index Key

FAQ

From the Filing

0001735707-25-000013.txt : 20250220 0001735707-25-000013.hdr.sgml : 20250220 20250220070126 ACCESSION NUMBER: 0001735707-25-000013 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 171 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250220 DATE AS OF CHANGE: 20250220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Garrett Motion Inc. CENTRAL INDEX KEY: 0001735707 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 824873189 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38636 FILM NUMBER: 25643229 BUSINESS ADDRESS: STREET 1: LA PIECE 16 CITY: ROLLE STATE: V8 ZIP: 1180 BUSINESS PHONE: 41-21-695-3000 MAIL ADDRESS: STREET 1: LA PIECE 16 CITY: ROLLE STATE: V8 ZIP: 1180 FORMER COMPANY: FORMER CONFORMED NAME: Garrett Transportation Systems Inc. DATE OF NAME CHANGE: 20180327 10-K 1 gtx-20241231.htm 10-K gtx-20241231 0001735707 2024 FY false http://fasb.org/us-gaap/2024#AccountsPayableCurrent http://fasb.org/us-gaap/2024#AccountsPayableCurrent 1 one month http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2024#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2024#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2024#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent P15D iso4217:USD xbrli:shares iso4217:USD xbrli:shares gtx:institution xbrli:pure gtx:Segment iso4217:EUR gtx:installment 0001735707 2024-01-01 2024-12-31 0001735707 dei:OtherAddressMember 2024-01-01 2024-12-31 0001735707 2024-06-28 0001735707 2025-02-14 0001735707 2023-01-01 2023-12-31 0001735707 2022-01-01 2022-12-31 0001735707 2024-12-31 0001735707 2023-12-31 0001735707 2022-12-31 0001735707 2021-12-31 0001735707 us-gaap:PreferredStockMember 2021-12-31 0001735707 us-gaap:CommonStockMember 2021-12-31 0001735707 us-gaap:TreasuryStockCommonMember 2021-12-31 0001735707 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001735707 us-gaap:RetainedEarningsMember 2021-12-31 0001735707 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001735707 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001735707 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001735707 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001735707 us-gaap:PreferredStockMember 2022-12-31 0001735707 us-gaap:CommonStockMember 2022-12-31 0001735707 us-gaap:TreasuryStockCommonMember 2022-12-31 0001735707 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001735707 us-gaap:RetainedEarningsMember 2022-12-31 0001735707 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001735707 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0001735707 us-gaap:PreferredStockMember us-gaap:SeriesAPreferredStockMember 2023-01-01 2023-12-31 0001735707 us-gaap:AdditionalPaidInCapitalMember us-gaap:SeriesAPreferredStockMember 2023-01-01 2023-12-31 0001735707 us-gaap:RetainedEarningsMember us-gaap:SeriesAPreferredStockMember 2023-01-01 2023-12-31 0001735707 us-gaap:SeriesAPreferredStockMember 2023-01-01 2023-12-31 0001735707 us-gaap:CommonStockMember us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001735707 us-gaap:RetainedEarningsMember us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001735707 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001735