Garrett Motion (GTX) Tax Provisions (2017 - 2026)
Garrett Motion (GTX) recorded Tax Provisions of $25 million in Q2 2026, up 66.7% from $15 million a year earlier and up 8.7% from the prior quarter.
Garrett Motion (GTX) Tax Provisions (2017 - 2026) Analysis & Trends
On a TTM basis, Garrett Motion's Tax Provisions came in at $92 million as of Jun 30, 2026, up 50.8% year-over-year; for FY2025, it came in at $82 million, up 34.4% from FY2024.
- Annual Tax Provisions has a five-year compound annual growth rate of 16.0% (FY2020 to FY2025).
- Across earlier years, Tax Provisions came in at $61 million in FY2024 (-29.1%), $86 million in FY2023 (-18.9%), $106 million in FY2022 (+146.5%) and $43 million in FY2021 (+10.3%).
- Quarterly Tax Provisions has ranged from -$39 million in Q4 2021 to $37 million in Q1 2022 over the past five years.
- On a year-over-year basis, Tax Provisions rose in four of the last six quarters, with growth averaging 29.0%.
- Peak year-over-year performance for Tax Provisions in the last five years was growth of 84.6% in Q3 2024, against a decline of 50.0% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $23 million (Q1 2026), $19 million (Q4 2025) and $25 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 1.06 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 604.30 Mn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 529.00 Mn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 321.00 Mn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 248.00 Mn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 122.20 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 198.00 Mn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 183.00 Mn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 265.00 Mn |
| 10 | Garrett Motion | 4.86 Bn | 4.16 Bn | 212.00 Mn | 25.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.00 Mn |
| Mar 31, 2026 | 23.00 Mn |
| Dec 31, 2025 | 19.00 Mn |
| Sep 30, 2025 | 25.00 Mn |
| Jun 30, 2025 | 15.00 Mn |
| Mar 31, 2025 | 23.00 Mn |
| Dec 31, 2024 | -1.00 Mn |
| Sep 30, 2024 | 24.00 Mn |
| Jun 30, 2024 | 23.00 Mn |
| Mar 31, 2024 | 15.00 Mn |
| Dec 31, 2023 | 16.00 Mn |
| Sep 30, 2023 | 13.00 Mn |
| Jun 30, 2023 | 30.00 Mn |
| Mar 31, 2023 | 27.00 Mn |
| Dec 31, 2022 | 23.00 Mn |
| Sep 30, 2022 | 26.00 Mn |
| Jun 30, 2022 | 20.00 Mn |
| Mar 31, 2022 | 37.00 Mn |
| Dec 31, 2021 | -39.00 Mn |
| Sep 30, 2021 | 28.00 Mn |
Garrett Motion Tax Provisions 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=tax-provisions&ticker=GTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=GTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();