OverviewSuggest Edit

Gentex Corporation is a company that designs, develops, manufactures, markets, and supplies the digital vision, connected car, dimmable glass, and fire protection products. It offers automatic-dimming rearview and non-dimming mirrors and electronics for the automotive industry, dimmable aircraft windows for the aviation industry, and commercial smoke alarms and signaling devices for the fire protection industry.
TypePublic
Founded1974
HQZeeland, MI, US
Websitegentex.com
Employee Ratings3.5
Overall CultureB+

Latest Updates

Employees (est.) (Feb 2022)4,998(-5%)
Job Openings68
Revenue (FY, 2021)$1.7 B(+3%)
Share Price (May 2022)$29.7(+4%)
Cybersecurity ratingDMore
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Key People/Management at Gentex

Steve Downing

Steve Downing

President and Chief Executive Officer
Neil Boehm

Neil Boehm

Chief Technology Officer, Vice President of Engineering
Scott Ryan

Scott Ryan

Vice President, General Counsel, and Corporate Secretary
Kevin Nash

Kevin Nash

Chief Financial Officer, CAO, Vice President of Finance, and Treasurer
Sue Franz

Sue Franz

Vice President of Chemical Technologies
Matt Fox

Matt Fox

Vice President of Mechanical Engineering
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Gentex Office Locations

Gentex has offices in Zeeland, Holland, Shanghai and Erlenbach
Zeeland, MI, US (HQ)
600 N Centennial St
Holland, MI, US
11768 James St
Zeeland, MI, US
10985 Chicago Dr
Erlenbach, DE
6 Georg-Ohm-Straße
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Gentex Financials and Metrics

Gentex Revenue

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Gentex's revenue was reported to be $1.73 b in FY, 2021
USD

Revenue (FY, 2021)

1.7b

Gross profit (FY, 2021)

619.7m

Gross profit margin (FY, 2021), %

35.8%

Net income (FY, 2021)

360.8m

EBIT (FY, 2021)

409.8m

Market capitalization (13-May-2022)

7.0b

Closing stock price (13-May-2022)

29.7

Cash (31-Dec-2021)

262.3m
Gentex's current market capitalization is $7 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

1.8b1.9b1.7b1.7b

Revenue growth, %

1%(9%)

Cost of goods sold

1.1b1.2b1.1b1.1b

Gross profit

690.5m688.3m605.4m619.7m
Quarterly
USDQ3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

460.3m468.6m468.7m477.8m453.8m229.9m474.6m483.7m428.0m399.6m

Cost of goods sold

287.3m298.9m292.2m297.4m297.2m186.0m286.4m300.4m276.4m258.7m

Gross profit

173.0m169.6m176.5m180.3m156.6m43.9m188.2m183.3m151.6m140.9m

Gross profit Margin, %

38%36%38%38%35%19%40%38%35%35%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

296.3m423.4m262.3m

Accounts Receivable

235.4m284.9m249.8m

Prepaid Expenses

29.3m17.6m39.2m

Inventories

248.9m226.3m316.3m
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

424.7m347.6m360.8m

Depreciation and Amortization

104.7m104.7m99.1m

Inventories

(23.7m)22.7m(90.0m)

Accounts Payable

4.7m(12.9m)7.3m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

104.3m213.2m325.1m89.5m87.1m204.2m113.5m200.0m276.6m

Depreciation and Amortization

28.1m53.3m79.3m26.3m53.4m78.5m25.6m51.5m75.1m

Inventories

(21.4k)187.1k(13.4m)(2.1m)(10.7m)15.7m(6.8m)(37.6m)(66.3m)

Accounts Payable

(2.7m)(2.8m)2.5m2.5m(37.5m)(7.4m)22.3m16.5m15.7m
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Gentex Operating Metrics

Gentex's Backlog was reported to be $471.5m in FY, 2018.
FY, 2018FY, 2019FY, 2020FY, 2021

Backlog

$471.5 m

Patents (Foreign)

7878771.02 k1.22 k

Patents (US)

635660719793

Trademarks (Foreign)

309336347357
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Gentex Acquisitions / Subsidiaries

Company NameDateDeal Size
Guardian Optical TechnologiesMarch 03, 2021$120 k
Argil, Inc.December 14, 2020$3.7 m
Air-CraftGlass Production BVBASeptember 18, 2020$1.1 m
InterSenseOctober 21, 2011
E.C. Aviation Services, Inc.
Gentex France
Gentex GmbH
Gentex Holdings, Inc.
Gentex Japan, Inc.
Gentex Mirrors Ltd.
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Gentex Revenue Breakdown

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Gentex revenue breakdown by business segment: 97.6% from Automotive Products and 2.4% from Other

Gentex revenue breakdown by geographic segment: 31.5% from United States, 33.8% from Other Countries, 7.7% from Mexico, 13.9% from Germany and 13.1% from Japan

Gentex Cybersecurity Score

Cybersecurity ratingPremium dataset

D

67/100

SecurityScorecard logo

Gentex Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Gentex Online and Social Media Presence

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Gentex Company Culture

  • Overall Culture

    B+

    75/100

  • CEO Rating

    A-

    76/100

  • Compensation

    C+

    68/100

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Gentex News and Updates

Gentex Reports First Quarter 2022 Financial Results

ZEELAND, Mich., April 22, 2022 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass and fire protection technologies, today reported financial results for the three months ended March 31, 2022.

Gentex Announces 4% Increase in Quarterly Cash Dividend

ZEELAND, Mich., March 09, 2020 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass, and fire protection products, today reported that its Board of Directors recently authorized an increase of 4% to the quarterly cash dividend, …

Gentex raises quarterly cash dividend by 4% to 12 cents a share

Gentex Corp. said Monday its board has approved a 4% increase in its quarterly cash dividend to 12 cents a share. The new dividend will be payable April 22 to shareholders of record as of April 10. Shares fell 2.9% in premarket trade, but have gained 30% in the last 12 months, while the S&P 500…

Gentex Reports Fourth Quarter and Year End 2019 Financial Results

ZEELAND, Mich., Jan. 31, 2020 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), a leading supplier of digital vision, connected car, dimmable glass and fire protection products, today reported financial results for the fourth quarter and calendar year ended December 31, 2019.

Gentex Announces 4th Quarter 2019 Cash Dividend

ZEELAND, Mich., Dec. 09, 2019 (GLOBE NEWSWIRE) -- Gentex Corporation (NASDAQ: GNTX), the Zeeland, Michigan-based supplier of digital vision, connected car, dimmable glass, and fire protection technologies, today announced that its Board of Directors recently declared a quarterly cash dividend of $…

Gentex stock slips premarket after company cuts full-year guidance

Gentex Corp. shares fell 2.1% in premarket trade Friday, after the supplier of digital vision, connected car, dimmable glass and fire protection technologies beat estimates for the third quarter but cut guidance for its full year. Zeeland, Michigan-based Gentex said it had net income of $111.9 mill…
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Gentex Blogs

Product Support Request

We apologize for any inconvenience you are experiencing with your Gentex product. Please complete and submit this form and a response will be sent to you shortly. Filling out this form is the best way for Gentex to assist you in resolving your concern. If, after you have filled out the form, you wou…

Gentex Frequently Asked Questions

  • When was Gentex founded?

    Gentex was founded in 1974.

  • Who are Gentex key executives?

    Gentex's key executives are Steve Downing, Neil Boehm and Scott Ryan.

  • How many employees does Gentex have?

    Gentex has 4,998 employees.

  • What is Gentex revenue?

    Latest Gentex annual revenue is $1.7 b.

  • What is Gentex revenue per employee?

    Latest Gentex revenue per employee is $346.4 k.

  • Who are Gentex competitors?

    Competitors of Gentex include Tenneco Germany, YH America and Panasonic.

  • Where is Gentex headquarters?

    Gentex headquarters is located at 600 N Centennial St, Zeeland.

  • Where are Gentex offices?

    Gentex has offices in Zeeland, Holland, Shanghai and Erlenbach.

  • How many offices does Gentex have?

    Gentex has 5 offices.