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Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, fire protection technologies, audio products, medical devices, and consumer electronics. It operates through Automotive Products, Audio Products, and Other segments. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers; and HomeLink modules for the automotive industry. It also provides variable dimmable windows to aircraft manufacturers and airline operators. In addition, the company offers photoelectric smoke detectors and alarms, visual signaling alarms, photoelectric smoke alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling appliances, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings. It sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. Further, the company is involved in the research and development of nanofiber chemical sensing products; and market and sale of eSight smart glasses to consumers with visual impairment or eye conditions, as well as of identity authentication and access control products that utilizes biometrics technology. It operates in the United States, China, Germany, Japan, Mexico, South Korea, and internationally. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.
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| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 461.06M | 472.21M | 504.98M | 369.72M | 416.35M |
| Minority interest | 0.16M | 0.00M | 0.00M | - | - |
| Net income | 384.84M | 404.49M | 428.40M | 318.76M | 360.80M |
| Selling general administrative | 177.87M | 121.02M | 112.54M | 106.50M | 92.16M |
| Gross profit | 866.71M | 771.09M | 762.63M | 609.81M | 619.71M |
| Reconciled depreciation | 104.04M | 94.71M | 93.32M | 96.57M | 99.11M |
| Ebit | 461.06M | 468.59M | 495.73M | 273.44M | 310.67M |
| Ebitda | 566.14M | 563.31M | 589.05M | 370.01M | 409.78M |
| Depreciation and amortization | 105.08M | 94.71M | 93.32M | 96.57M | 99.11M |
| Non operating income net other | - | - | - | -0.28M | 6.57M |
| Operating income | 485.58M | 459.73M | 495.73M | 273.44M | 310.67M |
| Other operating expenses | 2048.69M | 1853.59M | 1803.48M | 1548.95M | 1321.39M |
| Interest expense | - | - | - | -96.29M | 105.68M |
| Tax provision | 76.38M | 67.73M | 76.58M | 50.97M | 55.55M |
| Income tax expense | 76.38M | 67.73M | 76.58M | 50.97M | 55.55M |
| Total revenue | 2534.27M | 2313.31M | 2299.22M | 1918.96M | 1731.17M |
| Total operating expenses | 381.13M | 311.36M | 266.90M | 239.81M | 209.93M |
| Cost of revenue | 1667.56M | 1542.22M | 1536.59M | 1309.14M | 1111.46M |
| Total other income expense net | -24.52M | 12.49M | 9.25M | 96.29M | 105.68M |
| Net income from continuing ops | 384.68M | 404.49M | 428.40M | 318.76M | 360.80M |
| Net income applicable to common shares | - | - | - | 318.76M | 360.80M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 2928.59M | 2760.82M | 2611.44M | 2327.23M | 2131.39M |
| Intangible assets | 189.34M | 261.58M | 280.52M | 312.41M | 272.64M |
| Other current assets | 92.63M | 49.86M | 32.66M | 30.04M | 39.18M |
| Total liab | 437.66M | 288.72M | 298.92M | 261.44M | 193.40M |
| Total stockholder equity | 2487.83M | 2467.95M | 2312.52M | 2065.79M | 1937.99M |
| Other current liab | 387.54M | 84.38M | 87.21M | 98.81M | 83.31M |
| Common stock | - | 13.63M | 13.89M | 14.05M | 14.19M |
| Capital stock | 12.93M | 13.63M | 13.89M | 14.05M | 14.19M |
| Retained earnings | 1466.05M | 1450.29M | 1336.94M | 1148.39M | 1042.46M |
| Other liab | - | - | - | 10.16M | 11.75M |
| Good will | 357.21M | 340.67M | 340.11M | 313.81M | 313.96M |
| Other assets | - | - | 0.00M | 25.53M | 0.00M |
| Cash | 145.65M | 233.32M | 226.44M | 214.75M | 262.31M |
| Total current liabilities | 387.54M | 252.69M | 271.61M | 250.55M | 181.66M |
| Net debt | -145.65M | -233.32M | -222.86M | -214.75M | -262.31M |
| Short term debt | - | 1.90M | - | - | - |
| Short long term debt | 3.80M | - | - | - | - |
| Short long term debt total | - | 4.68M | 3.57M | - | - |
| Other stockholder equity | 2487.83M | 1010.44M | 968.25M | 917.50M | 879.41M |
| Property plant equipment | - | - | - | 550.03M | 464.12M |
| Total current assets | 1128.43M | 1037.33M | 997.74M | 948.65M | 872.98M |
| Long term investments | 272.98M | 339.60M | 299.08M | 202.33M | 207.69M |
| Net tangible assets | - | - | - | 2065.79M | 1351.39M |
| Short term investments | 5.39M | 22.30M | 14.36M | 23.01M | 5.42M |
| Net receivables | 368.52M | 295.34M | 321.81M | 276.49M | 249.79M |
| Inventory | 516.25M | 436.50M | 402.47M | 404.36M | 316.27M |
| Accounts payable | 248.98M | 168.31M | 184.40M | 151.74M | 98.34M |
| Accumulated other comprehensive income | - | -6.41M | -6.56M | -14.14M | 1.93M |
| Common stock total equity | - | - | - | 14.05M | 14.19M |
| Retained earnings total equity | - | - | - | 1148.39M | 1042.46M |
| Non currrent assets other | 81.36M | 53.15M | -0.00M | -25.53M | 497.57M |
| Non current assets total | 1800.16M | 1723.49M | 1613.70M | 1378.58M | 1258.42M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | 50.89M | -202.08M | -242.50M | -23.01M | -29.28M |
| Change to liabilities | - | - | - | 52.33M | -7.06M |
| Total cashflows from investing activities | -266.90M | -202.08M | - | -172.74M | -113.11M |
| Total cash from financing activities | -407.90M | -289.25M | -230.15M | -209.02M | -410.12M |
| Change to operating activities | - | - | - | -13.88M | -34.56M |
| Net income | 379.13M | 404.49M | 428.40M | 318.76M | 360.80M |
| Change in cash | -87.67M | 6.88M | 7.68M | -43.56M | -161.06M |
| Begin period cash flow | 233.32M | 226.44M | 218.75M | 262.31M | 423.37M |
| End period cash flow | 145.65M | 233.32M | 226.44M | 218.75M | 262.31M |
| Total cash from operating activities | 587.13M | 498.21M | 537.25M | 338.20M | 362.17M |
| Depreciation | 104.04M | 94.71M | 93.32M | 96.57M | 99.11M |
| Other cashflows from investing activities | - | -3.25M | - | -3.30M | -15.00M |
| Dividends paid | 106.86M | 110.44M | 112.15M | 113.09M | 115.29M |
| Change to inventory | 18.14M | -32.62M | 2.13M | -88.09M | -89.98M |
| Change to account receivables | -14.62M | 27.11M | -45.25M | -26.70M | 35.14M |
| Sale purchase of stock | -315.50M | -206.11M | -147.40M | -112.53M | -324.64M |
| Other cashflows from financing activities | - | 27.30M | -29368.87M | 16.60M | 29.81M |
| Change to netincome | - | - | - | 12.06M | -15.65M |
| Capital expenditures | 129.09M | 144.67M | 183.68M | 146.43M | 68.84M |
| Change receivables | - | - | - | -26.70M | 35.14M |
| Cash flows other operating | - | - | - | -26.73M | -20.19M |
| Cash and cash equivalents changes | - | - | - | -43.56M | -161.06M |
| Change in working capital | 54.46M | -40.39M | -12.01M | -91.25M | -82.14M |
| Stock based compensation | 36.65M | 39.54M | 39.20M | 30.23M | 27.42M |
| Other non cash items | 67.91M | 12.29M | 6.07M | 1.67M | -1.33M |
| Free cash flow | 458.04M | 353.54M | 353.57M | 191.77M | 293.33M |
Sector: Consumer Cyclical Industry: Auto Parts
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| GNTX Gentex Corporation |
0.16 0.82% |
19.58 | 11.86 | 10.21 | 1.80 | 1.87 | 1.72 | 7.34 |
| ORLY O’Reilly Automotive Inc |
1.09 1.22% |
90.48 | 27.74 | 23.75 | 3.71 | 206.18 | 4.30 | 19.07 |
| AZO AutoZone Inc |
20.29 0.63% |
3237.73 | 25.25 | 24.21 | 3.05 | 13.38 | 3.65 | 17.03 |
| SMTOF Sumitomo Electric Industries Ltd |
-0.10 1.09% |
9.47 | 17.90 | 20.41 | 0.01 | 2.40 | 1.31 | 9.00 |
| SMTOY Sumitomo Electric Industries Ltd ADR |
0.53 11.91% |
4.98 | 16.31 | 18.35 | 0.01 | 2.16 | 1.31 | 9.05 |
Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, fire protection technologies, audio products, medical devices, and consumer electronics. It operates through Automotive Products, Audio Products, and Other segments. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers; and HomeLink modules for the automotive industry. It also provides variable dimmable windows to aircraft manufacturers and airline operators. In addition, the company offers photoelectric smoke detectors and alarms, visual signaling alarms, photoelectric smoke alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling appliances, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings. It sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. Further, the company is involved in the research and development of nanofiber chemical sensing products; and market and sale of eSight smart glasses to consumers with visual impairment or eye conditions, as well as of identity authentication and access control products that utilizes biometrics technology. It operates in the United States, China, Germany, Japan, Mexico, South Korea, and internationally. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.
600 North Centennial Street, Zeeland, MI, United States, 49464
616 772 1800
6398
| Name | Title | Year Born |
|---|---|---|
| Mr. Steven R. Downing | Pres, CEO & Director | 1978 |
| Mr. Kevin C. Nash | VP of Fin., CFO, Treasurer & Chief Accounting Officer | 1975 |
| Mr. Neil Boehm | CTO & VP of Engineering | 1972 |
| Mr. Scott Ryan | VP, Gen. Counsel & Corp. Sec. | 1981 |
| Mr. Matthew Chiodo | Sr. VP of Sales & Chief Sales Officer | 1965 |
| Mr. Fred T. Bauer | Founder, Chairman Emeritus & Advisor | 1943 |
| Mr. Paul V. Flynn | VP of Operations | 1965 |
| Mr. Josh O'Berski | Director of Investor Relations | NA |
| Craig Piersma | VP of Marketing & Corp. Communications | NA |
| Mr. Joseph E. Matthews IV | VP of Purchasing & Diversity Officer | 1969 |
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