OverviewSuggest Edit

Gentex Corporation is a company that develops and manufactures custom electronic products for the automotive, aerospace, and commercial fire protection industries. It supplies dimmable devices, vision systems, sensors, and advanced electronic products.

TypePublic
Founded1974
HQZeeland, US
Websitegentex.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Feb 2020)5,874(+3%)
Job Openings6
Revenue (FY, 2019)$1.9 B(+2%)
Share Price (Oct 2020)$27.5
Cybersecurity ratingDMore

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
James Wallace

James Wallace

Chairman of the Board, Director
Kevin Nash

Kevin Nash

Chief Financial Officer, Vice President of Finance, and Treasurer
Scott Ryan

Scott Ryan

Vice President, General Counsel, and Corporate Secretary
Joe Matthews

Joe Matthews

Vice President of Purchasing and Diversity Officer
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Gentex Office Locations

Gentex has offices in Zeeland, Erlenbach and Dumfries and Galloway
Zeeland, US (HQ)
600 N Centennial St
Zeeland, US
10985 Chicago Dr
Erlenbach, DE
6 Georg-Ohm-Straße
Dumfries and Galloway, GB
3 Commerce Rd
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Gentex Financials and Metrics

Gentex Revenue

Gentex's revenue was reported to be $1.86 b in FY, 2019
USD

Revenue (Q2, 2020)

229.9m

Gross profit (Q2, 2020)

43.9m

Gross profit margin (Q2, 2020), %

19.1%

Net income (Q2, 2020)

(2.4m)

EBIT (Q2, 2020)

(6.7m)

Market capitalization (16-Oct-2020)

6.8b

Closing stock price (16-Oct-2020)

27.5

Cash (30-Jun-2020)

343.8m

EV

6.5b
Gentex's current market capitalization is $6.8 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

816.3m1.0b1.1b1.2b1.4b1.5b1.7b1.8b1.8b1.9b

Revenue growth, %

17%12%9%7%

Cost of goods sold

520.6m662.2m726.7m939.8m1.0b1.1b1.1b1.2b

Gross profit

295.7m361.6m372.8m603.8m668.5m694.5m690.5m688.3m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

201.6m206.8m250.9m243.0m269.5m290.7m280.3m268.2m269.5m287.0m288.6m335.7m465.4m920.4m460.3m468.6m468.7m477.8m453.8m229.9m

Cost of goods sold

127.7m133.1m160.6m157.4m174.2m189.9m187.5m178.1m176.0m184.4m182.7m204.4m292.8m575.0m287.3m298.9m292.2m297.4m297.2m186.0m

Gross profit

73.9m73.8m90.3m85.6m95.3m100.8m92.8m90.1m93.5m102.6m106.0m131.3m172.6m345.4m173.0m169.6m176.5m180.3m156.6m43.9m

Gross profit Margin, %

37%36%36%35%35%35%33%34%35%36%37%39%37%38%38%36%38%38%35%19%
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

348.3m358.0m389.7m309.6m497.4m551.6m546.5m569.7m217.0m296.3m

Accounts Receivable

95.6m110.4m109.6m143.0m168.0m196.0m211.6m231.1m213.5m235.4m

Prepaid Expenses

34.4m24.7m30.6m14.4m25.7m29.3m

Inventories

100.7m188.8m159.9m120.1m141.8m174.7m189.3m216.8m225.3m248.9m
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

137.7m164.7m168.6m222.9m288.6m318.5m347.6m406.8m437.9m424.7m

Depreciation and Amortization

38.6m42.6m50.2m62.9m77.4m80.6m88.6m99.6m102.2m104.7m

Inventories

47.1m(88.0m)28.8m39.9m(22.0m)(32.9m)(14.6m)(27.5m)(8.5m)(23.7m)

Accounts Payable

(12.8m)25.2m(22.3m)13.3m14.9m(5.1m)13.6m9.9m2.9m4.7m
USDQ2, 2010

Financial Leverage

1.1 x
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Gentex Operating Metrics

Gentex's Backlog was reported to be $459.6m in FY, 2016.
FY, 2014FY, 2015FY, 2016

Backlog

$368.20 m$428.20 m$459.60 m

Patent Applications

216 461 528

Patents (Foreign)

556 687 642

Patents (US)

495 533 566
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Gentex Cybersecurity Score

Cybersecurity ratingPremium dataset

D

64/100

SecurityScorecard logo

Gentex Revenue Breakdown

Embed Graph

Gentex revenue breakdown by business segment: 98.0% from Automotive Products and 2.0% from Other

Gentex revenue breakdown by geographic segment: 20.0% from Germany, 32.3% from United States, 10.5% from Japan and 37.2% from Other Countries

Gentex Online and Social Media Presence

Embed Graph

Gentex News and Updates

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…

Gentex Reports Third Quarter 2019 Financial Results

ZEELAND, Mich., Oct. 18, 2019 (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 and nine months ended September 30, 2019.

Gentex Announces Third Quarter 2019 Cash Dividend

ZEELAND, Mich., Aug. 27, 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 $…
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Gentex Blogs

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 James Wallace.

  • How many employees does Gentex have?

    Gentex has 5,874 employees.

  • What is Gentex revenue?

    Latest Gentex annual revenue is $1.9 b.

  • What is Gentex revenue per employee?

    Latest Gentex revenue per employee is $316.5 k.

  • Who are Gentex competitors?

    Competitors of Gentex include YH America, Panasonic and Magna International.

  • Where is Gentex headquarters?

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

  • Where are Gentex offices?

    Gentex has offices in Zeeland, Erlenbach and Dumfries and Galloway.

  • How many offices does Gentex have?

    Gentex has 4 offices.