Garrett Motion Secures 50% Smaller E-Cooling Compressor Award for 2027
Garrett Motion secured its first commercial production award for an oil-free E-Cooling compressor with Cling for electric buses and trucks from 2027. It posted Q4 net sales of $891 million (+6% year-over-year), adjusted EPS of $0.42, and net income of $84 million.
1. Production Award and Partnership
Garrett Motion won its first commercial production award for an oil-free, foil bearing-based centrifugal E-Cooling compressor to be integrated by Cling into next-generation electric buses and trucks. The high-speed unit, spinning above 160,000 RPM, is up to 50% smaller and 30% lighter than conventional scroll compressors and promises lower noise and higher energy efficiency in EV thermal management.
2. Q4 Financial Performance
In the fourth quarter, Garrett Motion reported net sales of $891 million, a 6% year-over-year increase, and delivered adjusted earnings per share of $0.42 versus a $0.36 consensus. Net income reached $84 million, operating cash flow was $99 million, and adjusted free cash flow totaled $139 million, while the company repurchased $72 million of stock and authorized a new $250 million buyback program for 2026.
3. ETF Exposure Impact
Garrett Motion represents a 1.19% weighting in the Hartford Multifactor Small Cap ETF, making its operational and financial performance a modest driver of ROSC returns. Any material share-price movement in Garrett could trigger automatic rebalancing flows in the ETF’s quarterly adjustments.