Garrett Motion (GTX) Interest Coverage Ratio (2017 - 2026)
Garrett Motion's (GTX) quarterly Interest Coverage Ratio came in at 2.53 in Q2 2026, down 48.25% YoY from 4.88 in Q2 2025, and up 15.29% on a QoQ basis from 2.19 in Q1 2026.
Garrett Motion (GTX) Interest Coverage Ratio (2017 - 2026) Analysis & Trends
Garrett Motion (GTX) has 10 years of Interest Coverage Ratio data on file, last reported at 2.53 in Q2 2026.
- Quarterly Interest Coverage Ratio fell 48.25% year-over-year to 2.53 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 9.08 (down 6.28% YoY) and the FY2025 annual result came in at 4.55, up 52.52% from the prior year.
- Interest Coverage Ratio improved to 2.53 in Q2 2026, from 2.19 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 27.25 in Q4 2022 to a low of 2.86 in Q4 2024.
- A 5-year average of 4.75 and a median of 3.81 in 2024 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio soared 1067.86% — and 2024, when it plunged 230.95%.
- Tracing GTX's Interest Coverage Ratio over 5 years: stood at 27.25 in 2022, then slumped by 91.99% to 2.18 in 2023, then sank by 230.95% to 2.86 in 2024, then soared by 182.35% to 2.35 in 2025, then grew by 7.33% to 2.53 in 2026.
- The last three Interest Coverage Ratio figures came in at 2.53 (Q2 2026), 2.19 (Q1 2026), and 2.35 (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | O Reilly Automotive | 73.55 Bn | 73.29 Bn | 2.52 Bn | 14.11 |
| 2 | Autozone | 48.72 Bn | 48.46 Bn | 2.52 Bn | 36.55 |
| 3 | Magna International | 20.02 Bn | 18.59 Bn | 1.61 Bn | - |
| 4 | Genuine Parts | 18.44 Bn | 17.88 Bn | 2.47 Bn | - |
| 5 | Borgwarner | 13.74 Bn | 11.29 Bn | 721.00 Mn | - |
| 6 | Allison Transmission Holdings | 11.11 Bn | 10.71 Bn | 515.00 Mn | - |
| 7 | Modine Manufacturing | 10.43 Bn | 10.36 Bn | - | - |
| 8 | Aptiv | 10.21 Bn | 9.45 Bn | 775.00 Mn | 5.92 |
| 9 | Autoliv | 9.27 Bn | 8.90 Bn | 509.00 Mn | 7.38 |
| 10 | Garrett Motion | 4.99 Bn | 4.83 Bn | 212.00 Mn | 6.21 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.53 |
| Mar 31, 2026 | 2.19 |
| Dec 31, 2025 | 2.35 |
| Sep 30, 2025 | 4.45 |
| Jun 30, 2025 | 4.88 |
| Mar 31, 2025 | 4.14 |
| Dec 31, 2024 | -2.86 |
| Sep 30, 2024 | 3.05 |
| Jun 30, 2024 | 2.00 |
| Mar 31, 2024 | 3.48 |
| Dec 31, 2023 | 2.18 |
| Sep 30, 2023 | 2.44 |
| Jun 30, 2023 | 4.79 |
| Mar 31, 2023 | 4.93 |
| Dec 31, 2022 | 27.25 |
| Sep 30, 2022 | 6.72 |
| Jun 30, 2022 | 5.75 |
| Mar 31, 2022 | 5.30 |
| Dec 31, 2021 | 2.33 |
| Sep 30, 2021 | 4.12 |