{"schema_version":"secwatch.filing_event.v1","accession":"0001735707-24-000010","form_type":"8-K","ticker":"GTX","cik":"0001735707","company_name":"Garrett Motion Inc.","filed_at":"2024-02-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.341086+00:00","generated_at":"2026-06-06T01:21:21.277531+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Garrett Motion delivers record 2023 adj. EBITDA, issues 2024 outlook, and authorizes $350M buyback","bullets":["Q4 net sales $945M (+5% YoY); net income $52M vs $112M; adj. EBITDA $145M (15.3% margin).","Full-year 2023 net sales $3,886M (+8%); net income $261M; adj. EBITDA $635M (record), adj. free cash flow $422M.","FY 2024 guidance: net sales $3,870M (flat), net income $253M, adj. EBITDA $620M, adj. free cash flow $375M.","Board authorized new $350M share repurchase program for 2024; $213M repurchased in 2023.","Early debt repayment of $200M in 2023; targeting $1B zero-emission revenue by 2030."],"urls":{"canonical":"https://secwatch.observer/filing/0001735707-24-000010","json":"https://secwatch.observer/filing/0001735707-24-000010.json","markdown":"https://secwatch.observer/filing/0001735707-24-000010.md","text":"https://secwatch.observer/filing/0001735707-24-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1735707/000173570724000010/0001735707-24-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1735707/000173570724000010/gtx-20240215.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T01:21:21.277531+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"68ac5a5bd5fc31d2792b62d47de02c639b90f76d","claim":"Garrett Motion Inc. reported Full Year 2024 results: revenue Net sales of $3,870 million, net income Net income of $253 million. Guidance reaffirmed.","evidence_excerpt":"Full Year 2024 Outlook • Net sales of $3,870 million, flat on a reported and constant currency basis* • Net income of $253 million; Net income margin 6.5% • Adjusted EBITDA* of $620 million; Adjusted EBITDA margin* of 16.0% • Net cash provided by operating activities of $420 million • Adjusted free cash flow* of $375 million • Authorization to repurchase $350 million of Common Stock","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1735707/000173570724000010/0001735707-24-000010-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full Year 2024"},{"label":"Revenue","value":"Net sales of $3,870 million"},{"label":"Net income","value":"Net income of $253 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"6e2d82bc52586aac96799eaa52247c6a1e31dfe6","claim":"Garrett Motion Inc. reported financial results for the three and twelve months ended December 31, 2023.","evidence_excerpt":"On February 15, 2024, Garrett Motion Inc. (the “Company”), issued a press release to report the Company’s financial results for the three and twelve months ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1735707/000173570724000010/0001735707-24-000010-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three and twelve months ended December 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}