Garrett Motion (GTX) Gross Margin (2017 - 2026)
Garrett Motion (GTX) recorded Gross Margin of 21.72% in Q2 2026, up 1.90 percentage points from 19.82% a year earlier and up 1.82 percentage points from the prior quarter.
Garrett Motion (GTX) Gross Margin (2017 - 2026) Analysis & Trends
On a TTM basis, Garrett Motion's Gross Margin came in at 20.75% as of Jun 30, 2026, up 0.29 percentage points year-over-year; for FY2025, it came in at 20.40%, up 0.11 percentage points from FY2024.
- Annual Gross Margin has increased for three straight years, with a five-year change of +2.63 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 20.29% in FY2024 (+0.83 pp), 19.45% in FY2023 (+0.50 pp), 18.96% in FY2022 (-0.50 pp) and 19.46% in FY2021 (+1.70 pp).
- The Q2 2026 figure is the highest quarterly Gross Margin since Q3 2019.
- On a year-over-year basis, Gross Margin rose in five of the last eight quarters, with an average year-over-year change of +0.64 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 2.07 percentage points in Q4 2023, against a drop of 0.97 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 19.90% (Q1 2026), 20.76% (Q4 2025) and 20.62% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 37.71% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 54.48% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 41.28% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 44.13% |
| 10 | Garrett Motion | 4.83 Bn | 4.12 Bn | 212.00 Mn | 21.72% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.72% |
| Mar 31, 2026 | 19.90% |
| Dec 31, 2025 | 20.76% |
| Sep 30, 2025 | 20.62% |
| Jun 30, 2025 | 19.82% |
| Mar 31, 2025 | 20.39% |
| Dec 31, 2024 | 21.56% |
| Sep 30, 2024 | 20.10% |
| Jun 30, 2024 | 20.79% |
| Mar 31, 2024 | 18.80% |
| Dec 31, 2023 | 20.00% |
| Sep 30, 2023 | 18.33% |
| Jun 30, 2023 | 19.98% |
| Mar 31, 2023 | 19.48% |
| Dec 31, 2022 | 17.93% |
| Sep 30, 2022 | 18.84% |
| Jun 30, 2022 | 19.67% |
| Mar 31, 2022 | 19.42% |
| Dec 31, 2021 | 17.98% |
| Sep 30, 2021 | 19.43% |
Garrett Motion Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=GTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "GTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=GTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();