Garrett Motion 2025 Outlook: Expects Net Sales Of $3.3B-$3.5B Vs. $3.604B Est., Net Income Of $209M-$254M And Adj. FCF $300M-$390M

Benzinga
20 Feb

Full Year 2025 Outlook

Garrett is providing the following outlook for the full year 2025 for certain GAAP and Non-GAAP financial measures.

 Full Year 2025 Outlook
Net sales (GAAP)$3.3 billion to $3.5 billion
Net sales growth at constant currency (Non-GAAP)*-3% to +2%
Net income (GAAP)$209 million to $254 million
Adjusted EBITDA (Non-GAAP)*$545 million to $605 million
Adjusted EBIT (Non-GAAP)*$427 million to $487 million
Net cash provided by operating activities (GAAP)$357 million to $447 million
Adjusted free cash flow (Non-GAAP)*$300 million to $390 million

* See reconciliations to the nearest GAAP measures in Appendix.

Garrett's full year 2025 outlook, as of February 20, 2025, includes the following expectations:

  • 2025 light vehicle industry production flat to down 3% from 2024;
  • 2025 commercial vehicle industry, including both on- and off-highway, 0% to 2% from 2024;
  • 2025 average light vehicle battery electric vehicle penetration of 16%;
  • 2025 Euro/dollar assumption of 1.05 EUR to 1.00 USD versus 1.08 in 2024;
  • RD&E investment at 4.6% of sales in 2025, with more than 50% on zero emission technologies;
  • Capital expenditures at 2.8% of sales, with more than 25% on zero emission technologies.
  • Outlook range does not consider potential impact of US tariffs or other related trade actions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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