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.
| Type | Public | |
| Founded | 1974 | |
| HQ | Zeeland, MI, US | Map |
| Website | gentex.com | |
| Employee Ratings | More | |
| Overall Culture | B+ | More |
Key People/Management at Gentex
Steve Downing
President and Chief Executive Officer
Neil Boehm
Chief Technology Officer, Vice President of Engineering
Scott Ryan
Vice President, General Counsel, and Corporate Secretary
Kevin Nash
Chief Financial Officer, CAO, Vice President of Finance, and Treasurer
Sue Franz
Vice President of Chemical Technologies
Matt Fox
Vice President of Mechanical Engineering
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
Gentex Financials and Metrics
Gentex Revenue
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
Quarterly
| USD | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 460.3m | 468.6m | 468.7m | 477.8m | 453.8m | 229.9m | 474.6m | 483.7m | 428.0m | 399.6m |
Cost of goods sold | 287.3m | 298.9m | 292.2m | 297.4m | 297.2m | 186.0m | 286.4m | 300.4m | 276.4m | 258.7m |
Gross profit | 173.0m | 169.6m | 176.5m | 180.3m | 156.6m | 43.9m | 188.2m | 183.3m | 151.6m | 140.9m |
Gross profit Margin, % | 38% | 36% | 38% | 38% | 35% | 19% | 40% | 38% | 35% | 35% |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 221.7m | 260.3m | 260.2m | 278.5m | 343.8m | 400.5m | 455.9m | 353.0m | 270.0m |
Accounts Receivable | 244.3m | 226.4m | 253.1m | 233.6m | 170.6m | 268.5m | 277.7m | 234.1m | 241.2m |
Prepaid Expenses | 14.8m | 28.0m | 28.4m | 16.5m | 15.1m | 20.4m | 17.9m | 59.7m | 64.0m |
Inventories | 225.3m | 225.1m | 238.7m | 251.0m | 259.7m | 233.4m | 233.1m | 263.9m | 292.6m |
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 104.3m | 213.2m | 325.1m | 89.5m | 87.1m | 204.2m | 113.5m | 200.0m | 276.6m |
Depreciation and Amortization | 28.1m | 53.3m | 79.3m | 26.3m | 53.4m | 78.5m | 25.6m | 51.5m | 75.1m |
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) | 2.5m | 2.5m | (37.5m) | (7.4m) | 22.3m | 16.5m | 15.7m |
Gentex Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Guardian Optical Technologies | March 03, 2021 | $120 k |
| Argil, Inc. | December 14, 2020 | $3.7 m |
| Air-CraftGlass Production BVBA | September 18, 2020 | $1.1 m |
| InterSense | October 21, 2011 | |
| E.C. Aviation Services, Inc. | ||
| Gentex France | ||
| Gentex GmbH | ||
| Gentex Holdings, Inc. | ||
| Gentex Japan, Inc. | ||
| Gentex Mirrors Ltd. |
Gentex Revenue Breakdown
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
Gentex Environment, Social & Governance (ESG) Ratings
Gentex Online and Social Media Presence
1.21k Twitter followers
Gentex has 1.21k Twitter Followers. The number of followers has increased 0.6% month over month and increased 1.5% quarter over quarter
Gentex's Trends
Twitter Engagement Stats for @GentexCorp
973
Tweets
161
Following
1.2k
Followers
7
Tweets last 30 days
2
Avg. likes per Tweet
85.7%
Tweets with engagement
Gentex Company Culture
Overall Culture
B+
75/100
CEO Rating
A-
76/100
Compensation
C+
68/100
Gentex News and Updates
April 22, 2022
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.
March 09, 2020
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, …
March 09, 2020
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…
January 31, 2020
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.
December 09, 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 $…
October 18, 2019
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…
Gentex Blogs
October 25, 2018
Product Support Request
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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.
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