Garrett Motion Inc. (GTX) Stock Price & How to Invest

Garrett Motion Inc. designs and manufactures turbochargers, electric and hybrid boosting systems, and related powertrain technologies for passenger cars, commercial vehicles, and industrial applications. Spun out of Honeywell in 2018, it is one of a small handful of Tier-1 turbocharger suppliers (alongside BorgWarner, IHI, and Mitsubishi Heavy Industries) that together control roughly two-thirds of global original-equipment turbo supply. The company sells to major automakers and increasingly pushes into electrified boosting for hybrids, fuel-cell compressors, and industrial and cooling technologies as it tries to diversify beyond the traditional combustion engine.

The investment picture centers on cash generation and capital return rather than rapid top-line growth. Garrett produces high adjusted free cash flow, has aggressively shrunk its share count through buybacks, pays a modest dividend, and carries a meaningful debt load left over from its restructuring history. Bulls point to a durable installed base, hybrid boosting demand, and a stated goal of returning most free cash flow to shareholders; skeptics focus on the secular decline of internal-combustion vehicles, customer concentration among automakers, and cyclical exposure to global auto production.

Garrett's core turbocharger business is tied to internal-combustion and hybrid vehicles, which face long-term decline as battery-electric adoption grows, creating a secular headwind for its largest revenue source. The business is cyclical and concentrated among a handful of large automakers, so weakness in global auto production or the loss of a major platform would pressure results. The company carries substantial debt (roughly $1.5 billion) against a modest cash balance, which limits flexibility in a downturn and channels free cash flow toward deleveraging and buybacks. Currency swings, tariffs, and supply-chain costs can move margins, and its electrification and diversification bets may not scale quickly enough to fully replace declining combustion demand.

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Garrett Motion Inc.'s investor relations page or your broker.

• Revenue (TTM): ~$3.7 billion
• 2026 revenue guidance: ~$3.6 to $3.9 billion
• Q1 2026 net sales: ~$985 million
• Market cap: ~$3.6 billion
• Total debt: ~$1.5 billion
• Dividend yield: ~0.9%

As of July 2026, Garrett trades around a mid-teens forward price-to-earnings multiple, reflecting its profile as a cash-generative but slower-growth auto supplier rather than a high-multiple growth name. The heavy buyback program has reduced shares outstanding to roughly 188 million, a large reduction since 2023, so per-share metrics benefit even when total revenue grows only modestly. Figures are approximate and reference the July 2026 date.

There are three common ways to get GTX exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so GTX sits alongside other stocks that express the same thesis.

Walnut takes the basket route. Describe a thesis where GTX fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

In short, GTX is a profitable, cash-generative auto supplier whose story hinges on whether growth in electrified and non-automotive products can offset the long-term fade of the combustion engine.

Whether GTX is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is GTX a buy?, and where the stock could go from here in the GTX stock forecast.

For income investors, whether GTX pays a dividend and how the payout looks is covered in does GTX pay a dividend?