MEDIUMOutside partyCustomer
62%
top ten customers
“10-K Item 1: 'Our top ten customers accounted for approximately 62% of net sales and our largest customer represented approximately 12% of our net sales in 2025.'”
GTX · Concentration risk · 10-K extracted
Garrett Motion (GTX) concentration risks
Updated
The most significant concentration Garrett Motion discloses is top ten customers at 62%, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Garrett Motion’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 5 disclosed concentrations
HIGH0
MEDIUM2
LOW3
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMOutside partySupplier
mainland China supply chain
“10-K Item 1A: 'a significant portion of our supply chain is concentrated in mainland China'”
LOWOutside partyCustomer
12%
Stellantis
“10-K Item 1: 'our sales to Stellantis accounted for 12%, 9% and 9%, respectively, of our total sales'”
LOWOutside partyCustomer
11%
BMW
“10-K Item 1: 'our sales to Bayerische Motoren Werke AG ("BMW"), our second largest customer, were 11%, 12%, and 12%, respectively, of our total sales'”
LOWOutside partyCustomer
11%
Ford Motor Company
“10-K Item 1: 'our sales to Ford Motor Company ("Ford"), our third largest customer, were 11%, 10%, and 9%, respectively, of our total sales'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's concentration profile includes a moderate-share customer revenue dependency, a moderate-share supply-chain exposure, and three named customer relationships at the smaller end of the size band. The top ten customers accounted for approximately 62% of net sales in 2025, a moderate share indicating that the revenue base, while broadly distributed across a double-digit customer roster, is still meaningfully weighted toward a manageable group of automotive OEM buyers. Within that group, three named customers are disclosed individually. Stellantis accounted for 12% of total sales; Bayerische Motoren Werke AG (BMW) contributed 11%; and Ford Motor Company similarly represented 11% of total sales. Each of these is a small share by the disclosed size band, but their combined contribution is meaningful, and each represents a relationship governed by automotive platform sourcing cycles that can shift when programs change or expire. The supply chain introduces a moderate dependency on a mainland China supply chain, where a significant portion of the company's sourcing is concentrated. This is a dependency exposure that introduces geopolitical and logistics risk, as well as tariff sensitivity, into the cost structure. The automotive OEM customer concentration and the China supply-chain exposure are independent risk axes rather than compounding ones, but together they mean the company is simultaneously exposed to demand-side program risk at a group of large OEMs and supply-side disruption risk from a geographically concentrated sourcing base. That dual exposure is the framework investors should monitor.
For the engine’s reasoning on GTX’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Auto Parts
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| ALSN | Allison Transmission Holdings, | 3 | 0 | 1 | 4 |
| APTV | Aptiv PLC | 1 | 2 | 1 | 4 |
| ALV | Autoliv, Inc. | 1 | 2 | 0 | 3 |
| GTX● | Garrett Motion Inc. | 0 | 2 | 3 | 5 |
| ADNT | Adient plc | 0 | 1 | 0 | 1 |
| AAP | Advance Auto Parts Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.