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Side-by-side financial comparison of Garrett Motion Inc. (GTX) and PHINIA INC. (PHIN). Click either name above to swap in a different company.

Garrett Motion Inc. is the larger business by last-quarter revenue ($891.0M vs $889.0M, roughly 1.0× PHINIA INC.). On growth, PHINIA INC. posted the faster year-over-year revenue change (6.7% vs 5.6%). Garrett Motion Inc. produced more free cash flow last quarter ($78.0M vs $67.0M). Over the past eight quarters, PHINIA INC.'s revenue compounded faster (1.5% CAGR vs -1.3%).

Garrett Motion Inc., formerly Honeywell Transportation Systems and Honeywell Turbo Technologies, is an American company primarily involved in engineering, development and manufacturing of turbochargers and related forced induction systems for ground vehicles from small passenger cars to large trucks and industrial equipment and construction machinery. It originated as part of Garrett AiResearch's Industrial Division in Phoenix, Arizona, in 1954, after which they entered a contract to provide ...

PHINIA Inc. is a global automotive technology provider specializing in fuel injection systems, starters, alternators, and hybrid/electric vehicle components. It serves OEMs and aftermarket customers across North America, Europe, Asia Pacific and key markets, covering passenger car, commercial vehicle and industrial mobility segments.

GTX vs PHIN — Head-to-Head

Bigger by revenue
GTX
GTX
1.0× larger
GTX
$891.0M
$889.0M
PHIN
Growing faster (revenue YoY)
PHIN
PHIN
+1.2% gap
PHIN
6.7%
5.6%
GTX
More free cash flow
GTX
GTX
$11.0M more FCF
GTX
$78.0M
$67.0M
PHIN
Faster 2-yr revenue CAGR
PHIN
PHIN
Annualised
PHIN
1.5%
-1.3%
GTX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GTX
GTX
PHIN
PHIN
Revenue
$891.0M
$889.0M
Net Profit
$84.0M
Gross Margin
20.8%
21.7%
Operating Margin
11.6%
7.8%
Net Margin
9.4%
Revenue YoY
5.6%
6.7%
Net Profit YoY
-16.0%
EPS (diluted)
$0.42
$1.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GTX
GTX
PHIN
PHIN
Q4 25
$891.0M
$889.0M
Q3 25
$902.0M
$908.0M
Q2 25
$913.0M
$890.0M
Q1 25
$878.0M
$796.0M
Q4 24
$844.0M
$833.0M
Q3 24
$826.0M
$839.0M
Q2 24
$890.0M
$868.0M
Q1 24
$915.0M
$863.0M
Net Profit
GTX
GTX
PHIN
PHIN
Q4 25
$84.0M
Q3 25
$77.0M
$13.0M
Q2 25
$87.0M
$46.0M
Q1 25
$62.0M
$26.0M
Q4 24
$100.0M
Q3 24
$52.0M
$31.0M
Q2 24
$64.0M
$14.0M
Q1 24
$66.0M
$29.0M
Gross Margin
GTX
GTX
PHIN
PHIN
Q4 25
20.8%
21.7%
Q3 25
20.6%
22.0%
Q2 25
19.8%
22.1%
Q1 25
20.4%
21.6%
Q4 24
21.6%
22.7%
Q3 24
20.1%
22.3%
Q2 24
20.8%
21.7%
Q1 24
18.8%
22.2%
Operating Margin
GTX
GTX
PHIN
PHIN
Q4 25
11.6%
7.8%
Q3 25
11.3%
3.7%
Q2 25
11.2%
10.0%
Q1 25
9.7%
7.8%
Q4 24
11.7%
6.1%
Q3 24
9.2%
7.9%
Q2 24
9.8%
8.2%
Q1 24
8.9%
8.2%
Net Margin
GTX
GTX
PHIN
PHIN
Q4 25
9.4%
Q3 25
8.5%
1.4%
Q2 25
9.5%
5.2%
Q1 25
7.1%
3.3%
Q4 24
11.8%
Q3 24
6.3%
3.7%
Q2 24
7.2%
1.6%
Q1 24
7.2%
3.4%
EPS (diluted)
GTX
GTX
PHIN
PHIN
Q4 25
$0.42
$1.14
Q3 25
$0.38
$0.33
Q2 25
$0.42
$1.14
Q1 25
$0.30
$0.63
Q4 24
$0.46
$0.13
Q3 24
$0.24
$0.70
Q2 24
$0.28
$0.31
Q1 24
$0.28
$0.62

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GTX
GTX
PHIN
PHIN
Cash + ST InvestmentsLiquidity on hand
$177.0M
$359.0M
Total DebtLower is stronger
$970.0M
Stockholders' EquityBook value
$-802.0M
$1.6B
Total Assets
$2.4B
$3.8B
Debt / EquityLower = less leverage
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GTX
GTX
PHIN
PHIN
Q4 25
$177.0M
$359.0M
Q3 25
$230.0M
$349.0M
Q2 25
$232.0M
$347.0M
Q1 25
$130.0M
$373.0M
Q4 24
$125.0M
$484.0M
Q3 24
$96.0M
$477.0M
Q2 24
$98.0M
$339.0M
Q1 24
$196.0M
$325.0M
Total Debt
GTX
GTX
PHIN
PHIN
Q4 25
$970.0M
Q3 25
$990.0M
Q2 25
$990.0M
Q1 25
$989.0M
Q4 24
$988.0M
Q3 24
$987.0M
Q2 24
$821.0M
Q1 24
$706.0M
Stockholders' Equity
GTX
GTX
PHIN
PHIN
Q4 25
$-802.0M
$1.6B
Q3 25
$-813.0M
$1.6B
Q2 25
$-812.0M
$1.6B
Q1 25
$-700.0M
$1.5B
Q4 24
$-673.0M
$1.6B
Q3 24
$-778.0M
$1.7B
Q2 24
$-725.0M
$1.7B
Q1 24
$-735.0M
$1.9B
Total Assets
GTX
GTX
PHIN
PHIN
Q4 25
$2.4B
$3.8B
Q3 25
$2.4B
$4.0B
Q2 25
$2.4B
$3.9B
Q1 25
$2.3B
$3.7B
Q4 24
$2.3B
$3.8B
Q3 24
$2.2B
$4.0B
Q2 24
$2.2B
$3.9B
Q1 24
$2.4B
$4.0B
Debt / Equity
GTX
GTX
PHIN
PHIN
Q4 25
0.61×
Q3 25
0.62×
Q2 25
0.61×
Q1 25
0.64×
Q4 24
0.63×
Q3 24
0.58×
Q2 24
0.47×
Q1 24
0.38×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GTX
GTX
PHIN
PHIN
Operating Cash FlowLast quarter
$99.0M
$96.0M
Free Cash FlowOCF − Capex
$78.0M
$67.0M
FCF MarginFCF / Revenue
8.8%
7.5%
Capex IntensityCapex / Revenue
2.4%
3.3%
Cash ConversionOCF / Net Profit
1.18×
TTM Free Cash FlowTrailing 4 quarters
$341.0M
$188.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GTX
GTX
PHIN
PHIN
Q4 25
$99.0M
$96.0M
Q3 25
$100.0M
$119.0M
Q2 25
$158.0M
$57.0M
Q1 25
$56.0M
$40.0M
Q4 24
$131.0M
$73.0M
Q3 24
$67.0M
$95.0M
Q2 24
$126.0M
$109.0M
Q1 24
$84.0M
$31.0M
Free Cash Flow
GTX
GTX
PHIN
PHIN
Q4 25
$78.0M
$67.0M
Q3 25
$90.0M
$93.0M
Q2 25
$143.0M
$23.0M
Q1 25
$30.0M
$5.0M
Q4 24
$109.0M
$53.0M
Q3 24
$47.0M
$70.0M
Q2 24
$109.0M
$92.0M
Q1 24
$52.0M
$-12.0M
FCF Margin
GTX
GTX
PHIN
PHIN
Q4 25
8.8%
7.5%
Q3 25
10.0%
10.2%
Q2 25
15.7%
2.6%
Q1 25
3.4%
0.6%
Q4 24
12.9%
6.4%
Q3 24
5.7%
8.3%
Q2 24
12.2%
10.6%
Q1 24
5.7%
-1.4%
Capex Intensity
GTX
GTX
PHIN
PHIN
Q4 25
2.4%
3.3%
Q3 25
1.1%
2.9%
Q2 25
1.6%
3.8%
Q1 25
3.0%
4.4%
Q4 24
2.6%
2.4%
Q3 24
2.4%
3.0%
Q2 24
1.9%
2.0%
Q1 24
3.5%
5.0%
Cash Conversion
GTX
GTX
PHIN
PHIN
Q4 25
1.18×
Q3 25
1.30×
9.15×
Q2 25
1.82×
1.24×
Q1 25
0.90×
1.54×
Q4 24
1.31×
Q3 24
1.29×
3.06×
Q2 24
1.97×
7.79×
Q1 24
1.27×
1.07×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GTX
GTX

Segment breakdown not available.

PHIN
PHIN

Customer$618.0M70%
Fuel Systems$194.0M22%
Other$77.0M9%

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