Gentex (GNTX) stock price, revenue, and financials

Gentex market cap is $6.2 b, and annual revenue was $1.86 b in FY 2019

$6.2 B

GNTX Mkt cap, 22-Sept-2020

$229.9 M

Gentex Revenue Q2, 2020
Gentex Gross profit (Q2, 2020)43.9 M
Gentex Gross profit margin (Q2, 2020), %19.1%
Gentex Net income (Q2, 2020)-2.4 M
Gentex EBIT (Q2, 2020)-6.7 M
Gentex Cash, 30-Jun-2020343.8 M
Gentex EV6 B

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 Income Statement

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

Gross profit Margin, %

36%35%34%39%40%39%38%37%

Sales and marketing expense

1.2m970.0k

R&D expense

64.1m81.6m85.0m88.4m94.2m99.7m107.1m114.7m

General and administrative expense

40.6m48.6m48.4m56.6b62.5m71.4m75.2m85.1m

Operating expense total

104.7m130.2m138.4m145.0m156.7m171.2m182.3m199.8m

EBIT

191.0m231.4m234.5m304.7m398.8m458.8m511.7m523.4m508.1m488.5m

EBIT margin, %

23%23%21%26%29%30%30%29%28%26%

Interest expense

12.5m13.1m15.2m13.9m11.9m

Investment income

2.9m4.2m5.3m5.0m4.8m9.4m11.3m11.2m

Pre tax profit

203.4m244.4m249.6m463.6m510.6m531.8m522.0m500.4m

Income tax expense

65.7m79.8m81.0m145.1m163.0m125.0m84.2m75.7m

Net Income

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

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%

R&D expense

15.2m16.5m18.9m20.2m20.7m23.2m22.8m20.4m18.7m18.9m28.1m28.4m29.4m29.6m29.0m

General and administrative expense

9.9m10.3m11.3m12.1m12.4m12.1m12.5m12.1m10.9m12.2m20.0m20.3m22.8m21.9m21.7m

Operating expense total

25.1m26.8m30.2m32.4m33.0m35.3m35.2m32.5m29.6m31.0m32.3m34.1m44.1m90.2m45.6m48.0m48.6m52.2m51.6m50.7m

EBIT

48.8m47.0m60.1m53.2m62.2m65.5m57.5m57.6m63.9m71.6m73.7m97.2m128.5m255.2m127.4m121.6m127.9m128.1m105.0m(6.7m)

EBIT margin, %

24%23%24%22%23%23%21%21%24%25%26%29%28%28%28%26%27%27%23%(3%)

Interest expense

1.6m3.2m3.4m4.5m2.3m3.3m3.2m4.1m1.9m5.5m3.3m2.4m3.4m100.0k300.0k

Investment income

556.0k620.2k499.6k598.5k544.0k596.0k633.7k586.5k495.4k625.7k3.3m2.1m3.4m2.4m1.5m

Pre tax profit

50.3m50.2m63.5m57.7m64.5m68.8m60.7m61.7m65.8m77.1m81.0m101.7m131.8m260.7m130.5m124.9m130.3m131.6m107.3m(3.9m)

Income tax expense

16.3m15.9m21.1m19.3m21.1m22.4m19.9m19.8m20.3m25.0m25.5m33.1m20.5m40.5m19.2m20.6m21.3m19.7m17.8m(1.5m)

Net Income

34.1m34.3m42.3m38.5m43.4m46.3m40.8m41.9m45.4m52.1m55.5m68.6m111.2m220.3m111.3m104.3m109.0m111.9m89.5m(2.4m)

Gentex Balance Sheet

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

Current Assets

655.3m752.3m744.7m601.2m856.6m984.0m1.2b1.2b850.9m950.4m

PP&E

205.1m282.5m349.9m465.8m492.5m498.5m498.3m

Goodwill

307.4m307.4m307.4m307.4m307.4m307.4m307.4m

Total Assets

1.0b1.2b1.3b1.8b2.0b2.1b2.3b2.4b2.1b2.2b

Accounts Payable

40.3m65.5m43.2m56.5m71.5m66.4m80.0m89.9m92.8m97.6m

Dividends Payable

15.7m17.3m18.6m25.9m28.0m28.5m28.9m

Short-term debt

4.6m6.1m7.5m78.0m

Current Liabilities

72.1m100.7m88.0m120.0m133.4m131.0m149.9m243.6m169.2m171.8m

Long-term debt

5.0m5.0m178.1m

Total Debt

9.6m11.1m185.6m78.0m

Total Liabilities

399.2m302.5m223.7m230.7m

Common Stock

8.5m8.6m8.6m17.3m16.8m15.6m15.1m

Preferred Stock

Additional Paid-in Capital

347.8m395.2m418.8m478.9m553.8m596.8m683.4m723.5m745.3m807.9m

Retained Earnings

514.8m610.7m676.0m818.0m988.5m1.1b1.2b1.3b1.1b1.1b

Total Equity

893.5m1.0b1.1b1.9b2.0b1.9b1.9b

Debt to Equity Ratio

0.1 x0 x

Debt to Assets Ratio

0.1 x0 x

Financial Leverage

1.1 x1.1 x1.1 x1.2 x1.1 x1.1 x1.1 x

Quarterly

USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

295.2m303.7m440.3m444.6m397.1m370.8m375.7m381.1m442.6m502.7m226.7m374.7m391.7m433.5m549.9m569.9m564.5m626.5m499.5m534.5m559.6m580.6m562.0m524.3m296.7m194.0m221.7m260.3m260.2m278.5m343.8m

Accounts Receivable

93.5m106.7m116.3m111.9m130.0m139.3m129.9m126.3m121.9m120.2m152.4m171.3m178.3m186.4m201.8m196.1m208.2m224.0m219.4m229.2m249.5m229.3m240.5m246.4m239.4m247.3m244.3m226.4m253.1m233.6m170.6m

Prepaid Expenses

25.6m20.8m23.4m32.8m33.7m24.8m24.0m38.6m44.5m33.5m38.5m41.9m11.5m15.1m13.5m11.7m13.8m16.0m14.8m28.0m28.4m16.5m15.1m

Inventories

79.3m92.1m104.0m119.5m151.1m200.8m192.3m177.1m130.1m116.0m117.4m128.3m125.2m135.6m145.6m150.8m164.6m188.6m176.2m179.4m197.1m196.5m206.7m207.2m212.4m213.4m225.3m225.1m238.7m251.0m259.7m

Current Assets

577.4m608.5m722.8m725.6m758.2m786.3m776.7m739.7m795.3m855.5m523.9m703.6m733.7m800.0m930.8m955.2m979.2m1.1b1.1b1.1b1.2b1.2b1.2b1.1b943.1m827.6m886.4m930.4m987.5m910.7m859.3m

PP&E

196.7m196.5m213.7m232.7m256.6m309.7m326.8m341.9m348.1m345.9m358.3m363.4m372.6m375.3m388.2m414.7m431.7m450.8m473.2m482.6m493.7m492.6m501.4m492.0m493.1m485.3m

Goodwill

337.7m307.4m307.4m307.4m307.4m307.4m307.4m307.4m307.4m307.4m307.4m307.4m307.4m307.4m307.4m307.4m307.4m307.4m307.4m307.4m309.0m

Total Assets

900.4m942.3m1.1b1.1b1.1b1.3b1.3b1.3b1.3b1.4b1.7b1.9b1.9b2.0b2.1b2.1b2.1b2.2b2.2b2.3b2.4b2.4b2.4b2.3b2.2b2.1b2.1b2.1b2.2b2.2b2.1b

Accounts Payable

44.3m50.1m61.1m63.3m70.2m73.0m53.5m52.2m33.0m43.8m50.3m64.4m55.8m68.6m73.3m69.9m83.9m79.4m81.8m71.0m77.7m82.9m79.9m77.3m106.8m90.0m90.1m90.0m95.3m100.1m60.2m

Dividends Payable

20.1m20.2m

Short-term debt

50.0m23.1m106.2m111.0m115.8m75.0m75.0m

Current Liabilities

83.5m83.4m115.3m103.8m116.7m130.1m106.0m104.3m109.7m103.9m120.6m167.1m128.8m143.1m163.7m155.3m181.6m195.3m169.1m156.5m274.4m271.1m264.9m228.2m214.4m172.9m184.5m177.6m182.3m264.0m217.6m

Long-term debt

261.9m260.0m256.3m254.4m227.5m208.8m206.9m195.0m36.3m9.4m643.0k361.7k270.8k968.4k1.3m

Total Debt

261.9m260.0m256.3m254.4m227.5m208.8m206.9m195.0m36.3m9.4m50.0m23.1m106.8m111.3m116.1m76.0m76.3m

Total Liabilities

441.8m480.1m442.3m452.9m478.0m465.5m452.9m448.4m422.3m402.0m388.5m360.2m345.4m284.4m270.6m226.3m243.3m238.5m246.0m323.5m278.4m

Common Stock

8.4m8.4m8.6m8.6m8.6m8.7m8.7m8.6m8.6m8.7m8.7m8.8m8.8m8.8m17.7m17.6m17.5m17.3m17.3m17.3m17.3m17.2m17.0m16.4m16.1m15.7m15.3m15.3m15.2m14.7m14.7m

Additional Paid-in Capital

300.5m309.6m359.1m369.0m379.8m401.6m410.6m410.9m429.5m444.3m456.0m490.5m502.0m515.1m567.5m575.7m584.4m607.3m638.3m655.3m702.0m706.7m713.6m742.5m748.8m743.5m748.6m777.2m799.5m801.4m818.7m

Retained Earnings

474.7m493.6m540.0m561.3m587.5m638.3m660.3m655.0m701.4m733.3m768.5m866.2m919.5m959.5m1.0b1.0b1.1b1.1b1.1b1.2b1.3b1.3b1.3b1.2b1.2b1.1b1.1b1.1b1.1b1.0b986.4m

Total Equity

793.2m829.8m935.0m963.7m983.6m1.1b1.1b1.1b1.2b1.2b1.4b1.5b1.6b1.6b1.7b1.7b1.8b1.9b2.0b2.0b2.0b1.9b1.9b1.9b1.8b1.8b

Debt to Assets Ratio

0 x0 x

Financial Leverage

1.1 x1.1 x1.2 x1.2 x1.2 x1.2 x1.1 x1.1 x1.1 x1.1 x1.3 x1.3 x1.3 x1.3 x1.3 x1.3 x1.2 x1.2 x1.2 x1.2 x1.2 x1.1 x1.1 x1.1 x1.2 x1.2 x

Gentex Cash Flow

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

Accounts Receivable

24.5m(14.7m)810.0k(22.0m)(25.0m)(28.0m)(15.6m)(19.5m)17.6m(21.9m)

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

Cash From Operating Activities

128.1m141.7m257.8m317.3m327.2m354.4m477.0m501.0m552.4m506.0m

Purchases of PP&E

46.9m(120.2m)(117.5m)(97.9m)(121.0m)(104.0m)(86.0m)(84.6m)

Cash From Investing Activities

(124.6m)(103.5m)(132.1m)(633.3m)(79.7m)(89.7m)(251.4m)(77.7m)(185.8m)(56.7m)

Long-term Borrowings

(1.9m)(7.5m)(32.5m)(47.5m)(107.6m)(78.0m)

Dividends Paid

(61.4m)(67.2m)(73.4m)(79.2m)(87.6m)(97.0m)(101.1m)(108.8m)(116.6m)(116.3m)

Cash From Financing Activities

8.7m(28.5m)(94.1m)235.8m(59.7m)(210.6m)(230.7m)(400.0m)(719.3m)(370.0m)

Net Change in Cash

12.2m9.6m31.7m54.1m(5.1m)23.3m(352.7m)79.3m

Income Taxes Paid

63.5m63.4m

Quarterly

USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

66.5m100.8m42.3m80.8m124.2m46.3m87.1m129.0m45.4m97.5m55.5m68.6m145.3m217.6m77.2m151.7m230.1m80.3m166.8m258.8m97.6m186.1m276.3m111.2m220.3m331.6m104.3m213.2m325.1m89.5m87.1m

Depreciation and Amortization

19.6m29.6m10.6m21.3m33.3m12.7m25.1m37.6m13.8m27.6m39.6m59.7m21.3m42.5m63.7m22.8m45.8m68.9m25.2m50.4m74.9m28.0m55.9m80.7m28.1m53.3m79.3m26.3m53.4m

Accounts Receivable

22.3m35.5m(20.7m)(16.2m)(34.4m)(28.9m)(19.6m)(15.9m)(12.3m)(10.6m)(35.2m)(43.4m)(33.8m)(28.1m)(40.2m)(28.0m)(23.5m)(33.3m)(37.9m)(17.7m)(28.9m)(15.3m)(8.3m)(16.2m)(30.7m)(12.9m)(39.6m)1.8m65.0m

Inventories

25.7m38.5m(3.3m)(18.7m)(50.4m)(12.0m)(3.6m)11.6m29.9m43.9m(5.1m)(15.5m)(3.8m)(9.0m)(22.8m)(13.9m)(1.5m)(4.7m)(7.8m)(7.2m)(17.3m)9.5m4.4m3.4m(21.4k)187.1k(13.4m)(2.1m)(10.7m)

Accounts Payable

(16.8m)(22.6m)20.8m23.0m29.9m7.5m(12.0m)(13.2m)(10.2m)589.6k(689.6k)12.1m1.8m(1.5m)12.4m13.1m15.5m4.6m(2.2m)3.0m(60.1k)(12.6m)16.9m143.5k(2.7m)(2.8m)2.5m2.5m(37.5m)

Cash From Operating Activities

67.1m92.1m77.4m104.6m125.4m61.1m101.5m176.4m97.4m172.3m142.1m227.5m108.0m191.9m283.2m151.4m253.5m353.0m131.2m263.6m352.6m147.4m292.4m398.2m133.8m273.5m383.9m151.3m190.5m

Purchases of PP&E

19.1m29.1m19.4m49.0m(85.0m)(39.8m)(69.4m)(97.6m)(12.7m)(24.1m)(30.2m)(50.0m)(15.2m)(33.6m)(62.3m)(20.3m)(54.8m)(91.5m)(27.1m)(56.2m)(86.1m)(68.8m)(16.8m)(45.5m)(58.3m)(15.6m)(28.8m)

Cash From Investing Activities

(103.3m)(110.9m)20.9m7.1m(51.9m)(33.8m)(55.8m)(73.8m)(32.9m)(38.1m)(28.5m)(45.5m)(15.1m)(33.8m)(52.8m)(1.4m)(176.1m)(200.3m)(36.5m)(57.3m)(80.6m)29.5m(156.2m)(147.8m)(14.9m)(48.0m)(59.1m)(43.7m)3.4m

Short-term Borrowings

Long-term Borrowings

(78.1m)(28.0m)(54.9m)(78.0m)

Dividends Paid

(30.6m)(46.0m)(15.7m)(32.8m)(50.0m)(17.3m)(36.0m)(54.8m)(18.6m)(38.7m)(40.8m)(64.2m)(23.6m)(47.2m)(72.2m)(24.8m)(49.3m)(75.2m)(25.9m)(51.8m)(80.4m)(28.0m)(58.2m)(87.7m)(28.5m)(57.9m)(87.2m)(28.9m)(58.3m)

Cash From Financing Activities

(4.7m)(13.6m)(6.3m)(15.4m)(24.8m)(14.5m)(28.0m)(79.5m)(11.7m)(21.2m)(31.6m)(58.0m)(40.3m)(85.6m)(163.3m)(75.1m)(129.4m)(169.7m)(81.5m)(172.2m)(256.5m)(222.3m)(409.2m)(626.1m)(114.3m)(182.1m)(281.8m)(125.4m)(146.4m)

Net Change in Cash

(40.9m)(32.4m)92.0m96.3m48.8m12.8m17.7m23.1m52.9m113.0m82.1m123.9m52.5m72.5m67.1m74.9m(52.1m)(17.0m)13.2m34.1m15.5m(375.7m)4.7m43.3m43.1m(17.8m)47.5m

Gentex Ratios

USDQ2, 2010

Financial Leverage

1.1 x

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

Exterior Automatic-Dimming Mirrors Shipped

7.80 m9.50 m10.10 m

Interior Auto-Dimming Mirrors Shipped

21.20 m23.50 m26 m

Patent Applications

216 461 528

Patents (Foreign)

556 687 642

Patents (US)

495 533 566

Trademarks (Foreign)

128 175 248

Trademarks (US)

26 29 33

Trademarks Pending

14 45 129

Gentex Employee Rating

3.7222 votes
Culture & Values
3.8
Work/Life Balance
3.6
Senior Management
3.5
Salary & Benefits
3.8
Career Opportunities
3.8
Source