Garrett Motion (Garrett Motion) Tax Rate % : 18.52% (As of Mar. 2024)

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What is Garrett Motion Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Garrett Motion's Tax Expense for the three months ended in Mar. 2024 was $15 Mil. Garrett Motion's Pre-Tax Income for the three months ended in Mar. 2024 was $81 Mil. Therefore, Garrett Motion's Tax Rate % for the quarter that ended in Mar. 2024 was 18.52%.

Garrett Motion Tax Rate % Historical Data

The historical data trend for Garrett Motion's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Garrett Motion Tax Rate % Chart

Garrett Motion Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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9.54

32.77

7.99

21.37

24.78

Garrett Motion Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															25.00	29.70	18.57	23.53	18.52

Garrett Motion Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Garrett Motion's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	86	/	347
	=	24.78 %

Garrett Motion's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	15	/	81
	=	18.52 %

Garrett Motion Tax Rate % Related Terms

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Garrett Motion (Garrett Motion) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Garrett Motion Inc (OTCPK:GTXMQ) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

GTX:USA G02:Germany

Address

La Piece 16, Rolle, CHE, 1180

Website

https://www.garrettmotion.com

Garrett Motion Inc designs, manufactures and sells engineered turbocharger and electric-boosting technologies for light and commercial vehicle original equipment manufacturers (OEMs) and the vehicle independent aftermarket, as well as automotive software solutions. The company is a technology leader with expertise in delivering products across gasoline, diesel, natural gas and electrified powertrains. The company also sells its technologies in the aftermarket through its distribution network.

Executives

Hawk Ridge Capital Management Lp	other: Member of 10% owner group	12121 WILSHIRE BLVD SUITE 900, LOS ANGELES CA 90025
Newtyn Management, Llc	other: Member of 10% owner group	60 EAST 42ND STREET, 9TH FLOOR, NEW YORK NY 10165
Newtyn Partners, Lp	other: Member of 10% owner group	60 EAST 42ND STREET, 9TH FLOOR, NEW YORK NY 10165
Newtyn Te Partners, Lp	other: Member of 10% owner group	60 EAST 42ND STREET, 9TH FLOOR, NEW YORK NY 10165
Noah G. Levy	other: Member of 10% owner group	60 EAST 42ND ST, 9TH FLOOR, NEW YORK NY 10165
Newtyn Capital Partners, Lp	other: Member of 10% owner group	60 EAST 42ND STREET, 9TH FLOOR, NEW YORK NY 10165
Ledo Capital, Llc	other: Member of 10% owner group	60 EAST 42ND STREET, 9TH FLOOR, NEW YORK NY 10165
Seth A Klarman	10 percent owner	10 ST JAMES AVENUE, STE 1700, BOSTON MA 02116
Baupost Group Llc/ma	other: Maybe a member of 10% group	10 ST JAMES AVE, SUITE 1700, BOSTON MA 02116
Baupost Group Gp, L.l.c.	10 percent owner	10 ST. JAMES AVENUE, SUITE 1700, BOSTON MA 02116
Cyrus Capital Partners, L.p.	10 percent owner	65 EAST 55 STREET, 35TH FLOOR, NEW YORK NY 10022
Cyrus Capital Partners Gp, Llc	10 percent owner	65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Stephen C Freidheim	10 percent owner	C/O CYRUS CAPITAL PARTNERS, L.P., 65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Thierry Mabru	officer: SVP, Integrated Supply Chain	LA PIECE 16, ROLLE V8 1180
Daniel Deiro	officer: SVP, GCM & GM Japan/Korea	LA PIECE 16, ROLLE V8 1180