vs

Side-by-side financial comparison of Garrett Motion Inc. (GTX) and ADVANCED DRAINAGE SYSTEMS, INC. (WMS). Click either name above to swap in a different company.

Garrett Motion Inc. is the larger business by last-quarter revenue ($891.0M vs $693.4M, roughly 1.3× ADVANCED DRAINAGE SYSTEMS, INC.). ADVANCED DRAINAGE SYSTEMS, INC. runs the higher net margin — 13.5% vs 9.4%, a 4.1% gap on every dollar of revenue. On growth, Garrett Motion Inc. posted the faster year-over-year revenue change (5.6% vs 0.4%). ADVANCED DRAINAGE SYSTEMS, INC. produced more free cash flow last quarter ($183.6M vs $78.0M). Over the past eight quarters, ADVANCED DRAINAGE SYSTEMS, INC.'s revenue compounded faster (3.0% 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 ...

Advanced Drainage Systems, Inc. (ADS) is an American company that designs, manufactures and markets polypropylene and polyethylene pipes, plastic leach field chambers and systems, septic tanks and accessories, storm retention/detention and septic chambers, polyvinyl chloride drainage structures, fittings, and water filters and water separators. It is the largest maker of high-density polyethylene pipe in the United States. It is headquartered in Hilliard, Ohio. In 2020, 93% of the company's s...

GTX vs WMS — Head-to-Head

Bigger by revenue
GTX
GTX
1.3× larger
GTX
$891.0M
$693.4M
WMS
Growing faster (revenue YoY)
GTX
GTX
+5.2% gap
GTX
5.6%
0.4%
WMS
Higher net margin
WMS
WMS
4.1% more per $
WMS
13.5%
9.4%
GTX
More free cash flow
WMS
WMS
$105.6M more FCF
WMS
$183.6M
$78.0M
GTX
Faster 2-yr revenue CAGR
WMS
WMS
Annualised
WMS
3.0%
-1.3%
GTX

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
GTX
GTX
WMS
WMS
Revenue
$891.0M
$693.4M
Net Profit
$84.0M
$93.6M
Gross Margin
20.8%
37.4%
Operating Margin
11.6%
19.7%
Net Margin
9.4%
13.5%
Revenue YoY
5.6%
0.4%
Net Profit YoY
-16.0%
15.3%
EPS (diluted)
$0.42
$1.19

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
WMS
WMS
Q4 25
$891.0M
$693.4M
Q3 25
$902.0M
$850.4M
Q2 25
$913.0M
$829.9M
Q1 25
$878.0M
$615.8M
Q4 24
$844.0M
$690.5M
Q3 24
$826.0M
$782.6M
Q2 24
$890.0M
$815.3M
Q1 24
$915.0M
$653.8M
Net Profit
GTX
GTX
WMS
WMS
Q4 25
$84.0M
$93.6M
Q3 25
$77.0M
$156.0M
Q2 25
$87.0M
$143.9M
Q1 25
$62.0M
$77.2M
Q4 24
$100.0M
$81.2M
Q3 24
$52.0M
$130.4M
Q2 24
$64.0M
$161.4M
Q1 24
$66.0M
$94.8M
Gross Margin
GTX
GTX
WMS
WMS
Q4 25
20.8%
37.4%
Q3 25
20.6%
40.0%
Q2 25
19.8%
39.8%
Q1 25
20.4%
36.7%
Q4 24
21.6%
35.0%
Q3 24
20.1%
37.6%
Q2 24
20.8%
40.8%
Q1 24
18.8%
38.5%
Operating Margin
GTX
GTX
WMS
WMS
Q4 25
11.6%
19.7%
Q3 25
11.3%
26.3%
Q2 25
11.2%
24.8%
Q1 25
9.7%
19.0%
Q4 24
11.7%
18.4%
Q3 24
9.2%
23.9%
Q2 24
9.8%
27.7%
Q1 24
8.9%
20.7%
Net Margin
GTX
GTX
WMS
WMS
Q4 25
9.4%
13.5%
Q3 25
8.5%
18.3%
Q2 25
9.5%
17.3%
Q1 25
7.1%
12.5%
Q4 24
11.8%
11.8%
Q3 24
6.3%
16.7%
Q2 24
7.2%
19.8%
Q1 24
7.2%
14.5%
EPS (diluted)
GTX
GTX
WMS
WMS
Q4 25
$0.42
$1.19
Q3 25
$0.38
$1.99
Q2 25
$0.42
$1.84
Q1 25
$0.30
$0.99
Q4 24
$0.46
$1.04
Q3 24
$0.24
$1.67
Q2 24
$0.28
$2.06
Q1 24
$0.28
$1.22

Balance Sheet & Financial Strength

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

Metric
GTX
GTX
WMS
WMS
Cash + ST InvestmentsLiquidity on hand
$177.0M
$1.0B
Total DebtLower is stronger
Stockholders' EquityBook value
$-802.0M
$1.9B
Total Assets
$2.4B
$4.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GTX
GTX
WMS
WMS
Q4 25
$177.0M
$1.0B
Q3 25
$230.0M
$812.9M
Q2 25
$232.0M
$638.3M
Q1 25
$130.0M
$463.3M
Q4 24
$125.0M
$488.9M
Q3 24
$96.0M
$613.0M
Q2 24
$98.0M
$541.6M
Q1 24
$196.0M
$490.2M
Total Debt
GTX
GTX
WMS
WMS
Q4 25
Q3 25
Q2 25
Q1 25
$1.3B
Q4 24
Q3 24
Q2 24
Q1 24
$1.3B
Stockholders' Equity
GTX
GTX
WMS
WMS
Q4 25
$-802.0M
$1.9B
Q3 25
$-813.0M
$1.8B
Q2 25
$-812.0M
$1.7B
Q1 25
$-700.0M
$1.5B
Q4 24
$-673.0M
$1.5B
Q3 24
$-778.0M
$1.4B
Q2 24
$-725.0M
$1.3B
Q1 24
$-735.0M
$1.2B
Total Assets
GTX
GTX
WMS
WMS
Q4 25
$2.4B
$4.1B
Q3 25
$2.4B
$4.1B
Q2 25
$2.4B
$3.9B
Q1 25
$2.3B
$3.7B
Q4 24
$2.3B
$3.6B
Q3 24
$2.2B
$3.5B
Q2 24
$2.2B
$3.4B
Q1 24
$2.4B
$3.3B
Debt / Equity
GTX
GTX
WMS
WMS
Q4 25
Q3 25
Q2 25
Q1 25
0.83×
Q4 24
Q3 24
Q2 24
Q1 24
1.11×

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
WMS
WMS
Operating Cash FlowLast quarter
$99.0M
$269.3M
Free Cash FlowOCF − Capex
$78.0M
$183.6M
FCF MarginFCF / Revenue
8.8%
26.5%
Capex IntensityCapex / Revenue
2.4%
12.4%
Cash ConversionOCF / Net Profit
1.18×
2.88×
TTM Free Cash FlowTrailing 4 quarters
$341.0M
$577.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GTX
GTX
WMS
WMS
Q4 25
$99.0M
$269.3M
Q3 25
$100.0M
$234.9M
Q2 25
$158.0M
$275.0M
Q1 25
$56.0M
$41.2M
Q4 24
$131.0M
$189.9M
Q3 24
$67.0M
$166.9M
Q2 24
$126.0M
$183.4M
Q1 24
$84.0M
$17.7M
Free Cash Flow
GTX
GTX
WMS
WMS
Q4 25
$78.0M
$183.6M
Q3 25
$90.0M
$176.4M
Q2 25
$143.0M
$222.4M
Q1 25
$30.0M
$-5.3M
Q4 24
$109.0M
$135.7M
Q3 24
$47.0M
$112.4M
Q2 24
$109.0M
$125.7M
Q1 24
$52.0M
$-29.8M
FCF Margin
GTX
GTX
WMS
WMS
Q4 25
8.8%
26.5%
Q3 25
10.0%
20.7%
Q2 25
15.7%
26.8%
Q1 25
3.4%
-0.9%
Q4 24
12.9%
19.7%
Q3 24
5.7%
14.4%
Q2 24
12.2%
15.4%
Q1 24
5.7%
-4.6%
Capex Intensity
GTX
GTX
WMS
WMS
Q4 25
2.4%
12.4%
Q3 25
1.1%
6.9%
Q2 25
1.6%
6.3%
Q1 25
3.0%
7.6%
Q4 24
2.6%
7.9%
Q3 24
2.4%
7.0%
Q2 24
1.9%
7.1%
Q1 24
3.5%
7.3%
Cash Conversion
GTX
GTX
WMS
WMS
Q4 25
1.18×
2.88×
Q3 25
1.30×
1.51×
Q2 25
1.82×
1.91×
Q1 25
0.90×
0.53×
Q4 24
1.31×
2.34×
Q3 24
1.29×
1.28×
Q2 24
1.97×
1.14×
Q1 24
1.27×
0.19×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GTX
GTX

Segment breakdown not available.

WMS
WMS

Reportable Segment Aggregation Before Other Operating Segment$557.3M80%
Other$85.5M12%
Pipe$35.5M5%
Allied Products And Other$15.0M2%

Related Comparisons