Gentex Financial Statements From 2010 to 2024

GNTX Stock  USD 33.51  0.17  0.50%   
Gentex financial statements provide useful quarterly and yearly information to potential Gentex investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Gentex financial statements helps investors assess Gentex's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Gentex's valuation are summarized below:
Gross Profit
609.8 M
Profit Margin
0.1863
Market Capitalization
7.8 B
Enterprise Value Revenue
3.3411
Revenue
2.3 B
We have found one hundred twenty available fundamental trends for Gentex, which can be analyzed and compared to other ratios and to its competitors. All investors should make sure to confirm all of Gentex regular market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. Market Cap is likely to rise to about 7.9 B in 2024. Enterprise Value is likely to rise to about 7.6 B in 2024

Gentex Total Revenue

2.41 Billion

Check Gentex financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gentex main balance sheet or income statement drivers, such as Depreciation And Amortization of 98 M, Total Revenue of 2.4 B or Gross Profit of 800.8 M, as well as many exotic indicators such as Price To Sales Ratio of 3.33, Dividend Yield of 0.0212 or PTB Ratio of 4.35. Gentex financial statements analysis is a perfect complement when working with Gentex Valuation or Volatility modules.
  
This module can also supplement Gentex's financial leverage analysis and stock options assessment as well as various Gentex Technical models . Check out the analysis of Gentex Correlation against competitors.
For more information on how to buy Gentex Stock please use our How to Invest in Gentex guide.

Gentex Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets2.7 B2.6 BB
Slightly volatile
Total Current Liabilities285.2 M271.6 M165 M
Slightly volatile
Total Stockholder Equity2.4 B2.3 B1.7 B
Slightly volatile
Property Plant And Equipment Net685.5 M652.9 M436.8 M
Slightly volatile
Cash242.1 M226.4 M366.4 M
Pretty Stable
Non Current Assets Total1.7 B1.6 B1.1 B
Slightly volatile
Cash And Short Term Investments274.3 M240.8 M397.9 M
Very volatile
Net Receivables337.9 M321.8 M206 M
Slightly volatile
Common Stock Shares Outstanding290.5 M229.7 M264.5 M
Pretty Stable
Liabilities And Stockholders Equity2.7 B2.6 BB
Slightly volatile
Non Current Liabilities Total50.8 M27.3 M107.5 M
Slightly volatile
Inventory422.6 M402.5 M229.3 M
Slightly volatile
Other Current Assets31 M32.7 M167.4 M
Slightly volatile
Other Stockholder EquityB968.2 M669.5 M
Slightly volatile
Total Liabilities313.9 M298.9 M271.1 M
Pretty Stable
Total Current AssetsB997.7 M862 M
Slightly volatile
Short and Long Term Debt Total102.5 M89.7 M141.3 M
Slightly volatile
Other Current Liabilities91.6 M87.2 M49.3 M
Slightly volatile
Short Term Debt94.2 M89.7 M46.5 M
Slightly volatile
Intangible Assets294.5 M280.5 M253 M
Slightly volatile
Accounts Payable193.6 M184.4 M91.8 M
Slightly volatile
Good Will357.1 M340.1 M255.5 M
Slightly volatile
Property Plant And Equipment Gross1.7 B1.6 B692.5 M
Slightly volatile
Common Stock Total Equity11.4 M16.2 M13.4 M
Slightly volatile
Common Stock11.5 M13.9 M13.2 M
Slightly volatile
Other Assets0.951.0143.7 M
Pretty Stable
Property Plant Equipment333.1 M632.5 M417.4 M
Slightly volatile
Net Tangible Assets1.8 B2.4 B1.7 B
Slightly volatile
Capital Surpluse710.9 M1.1 B677.8 M
Slightly volatile
Current Deferred Revenue39 M35.1 M45 M
Slightly volatile
Other Liabilities8.7 M9.1 M47.1 M
Slightly volatile
Long Term Investments161.3 M299.1 M139.1 M
Slightly volatile
Short and Long Term Debt94.2 M89.7 M47.6 M
Slightly volatile
Long Term Debt Total161.5 M160.3 M194.8 M
Slightly volatile
Net Invested Capital2.2 B2.3 B2.1 B
Very volatile
Net Working Capital607.8 M726.1 M834.2 M
Slightly volatile
Capital Stock11.7 M13.9 M14.9 M
Slightly volatile
Non Current Liabilities Other16.4 M27.3 M10.5 M
Slightly volatile

Gentex Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization98 M93.3 M80 M
Slightly volatile
Total Revenue2.4 B2.3 B1.6 B
Slightly volatile
Gross Profit800.8 M762.6 M563.4 M
Slightly volatile
Other Operating Expenses1.9 B1.8 B1.2 B
Slightly volatile
Operating Income520.5 M495.7 M363.4 M
Slightly volatile
EBIT506.3 M482.2 M355.1 M
Slightly volatile
EBITDA604.3 M575.6 M435.2 M
Slightly volatile
Cost Of Revenue1.6 B1.5 B999.3 M
Slightly volatile
Total Operating Expenses280.2 M266.9 M172.7 M
Slightly volatile
Income Before Tax530.2 M505 M400 M
Slightly volatile
Net Income449.8 M428.4 M312.4 M
Slightly volatile
Income Tax Expense52 M76.6 M85.7 M
Pretty Stable
Research Development162.1 M154.4 M101.3 M
Slightly volatile
Selling General Administrative118.2 M112.5 M72.4 M
Slightly volatile
Net Income Applicable To Common Shares232.1 M366.6 M298.4 M
Slightly volatile
Net Income From Continuing Ops343.6 M428.4 M314.5 M
Slightly volatile
Non RecurringM4.5 M4.9 M
Slightly volatile
Tax Provision74.7 M76.6 M109.4 M
Slightly volatile
Interest Income6.6 M12.9 M5.7 M
Slightly volatile
Reconciled Depreciation80 M93.3 M98.5 M
Slightly volatile

Gentex Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow250.4 M218.8 M349.3 M
Very volatile
Depreciation98 M93.3 M80.1 M
Slightly volatile
Capital Expenditures192.9 M183.7 M100.4 M
Slightly volatile
Total Cash From Operating Activities564.1 M537.2 M379.6 M
Slightly volatile
Net Income449.8 M428.4 M312.5 M
Slightly volatile
End Period Cash Flow258 M226.4 M343 M
Pretty Stable
Stock Based Compensation41.2 M39.2 M22.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio3.333.25873.5289
Pretty Stable
Dividend Yield0.02120.0150.0171
Pretty Stable
PTB Ratio4.353.23993.4948
Very volatile
Days Sales Outstanding51.1951.087347.1052
Slightly volatile
Book Value Per Share10.5810.08056.5218
Slightly volatile
Invested Capital0.03250.03430.091
Slightly volatile
Operating Cash Flow Per Share2.462.34191.4678
Slightly volatile
Average Payables43.8 M82.4 M70.7 M
Slightly volatile
Stock Based Compensation To Revenue0.01790.0170.0136
Slightly volatile
PB Ratio4.353.23993.4948
Very volatile
EV To Sales3.133.16023.3221
Slightly volatile
ROIC0.110.18190.1476
Pretty Stable
Inventory Turnover3.633.81794.5389
Slightly volatile
Net Income Per Share1.961.86751.2098
Slightly volatile
Days Of Inventory On Hand48.8195.603380.5104
Very volatile
Payables Turnover15.258.332912.147
Pretty Stable
Sales General And Administrative To Revenue0.06010.04720.0477
Slightly volatile
Average Inventory256.4 M244.2 M213.4 M
Slightly volatile
Research And Ddevelopement To Revenue0.05120.06710.0634
Pretty Stable
Cash Per Share0.741.04961.5415
Very volatile
POCF Ratio23.7513.945818.4643
Slightly volatile
Payout Ratio0.440.26180.3151
Pretty Stable
Days Payables Outstanding22.0643.80230.9431
Pretty Stable
Income Quality0.971.25411.1748
Very volatile
ROE0.130.18530.1724
Slightly volatile
EV To Operating Cash Flow22.4813.524317.7358
Slightly volatile
PE Ratio29.3317.489122.2938
Slightly volatile
Return On Tangible Assets0.130.21520.1974
Slightly volatile
Earnings Yield0.03490.05720.0523
Pretty Stable
Intangibles To Total Assets0.250.23770.2314
Slightly volatile
Current Ratio5.493.67345.7802
Slightly volatile
Tangible Book Value Per Share7.747.37514.5724
Slightly volatile
Receivables Turnover6.627.14467.8341
Slightly volatile
Graham Number21.6120.580513.3026
Slightly volatile
Shareholders Equity Per Share10.5810.08056.5218
Slightly volatile
Debt To Equity0.03250.03430.091
Slightly volatile
Graham Net Net1.761.67591.6014
Slightly volatile
Average Receivables252.7 M240.6 M197.1 M
Slightly volatile
Revenue Per Share10.5210.02256.0704
Slightly volatile
Debt To Assets0.02840.02980.0722
Slightly volatile
Enterprise Value Over EBITDA20.7712.624315.6347
Pretty Stable
Short Term Coverage Ratios5.495.7822.0498
Slightly volatile
Price Earnings Ratio29.3317.489122.2938
Slightly volatile
Operating Cycle86.03147127
Very volatile
Price Book Value Ratio4.353.23993.4948
Very volatile
Days Of Payables Outstanding22.0643.80230.9431
Pretty Stable
Dividend Payout Ratio0.440.26180.3151
Pretty Stable
Price To Operating Cash Flows Ratio23.7513.945818.4643
Slightly volatile
Pretax Profit Margin0.190.21960.2433
Very volatile
Ebt Per Ebit0.91.01871.1235
Pretty Stable
Operating Profit Margin0.170.21560.2198
Very volatile
Effective Tax Rate0.140.15160.2384
Slightly volatile
Company Equity Multiplier1.281.12931.1786
Pretty Stable
Long Term Debt To Capitalization0.080.07680.104
Slightly volatile
Total Debt To Capitalization0.03130.0330.0798
Slightly volatile
Return On Capital Employed0.150.21190.1915
Very volatile
Debt Equity Ratio0.03250.03430.091
Slightly volatile
Ebit Per Revenue0.170.21560.2198
Very volatile
Quick Ratio4.022.07144.3004
Slightly volatile
Net Income Per E B T0.570.84840.7423
Slightly volatile
Cash Ratio0.790.83372.5344
Slightly volatile
Cash Conversion Cycle92.6310399.9049
Very volatile
Operating Cash Flow Sales Ratio0.180.23370.2265
Pretty Stable
Days Of Inventory Outstanding48.8195.603380.5104
Very volatile
Days Of Sales Outstanding51.1951.087347.1052
Slightly volatile
Cash Flow Coverage Ratios6.075.783.9644
Slightly volatile
Price To Book Ratio4.353.23993.4948
Very volatile
Fixed Asset Turnover4.193.52173.8748
Slightly volatile
Price Cash Flow Ratio23.7513.945818.4643
Slightly volatile
Enterprise Value Multiple20.7712.624315.6347
Pretty Stable
Debt Ratio0.02840.02980.0722
Slightly volatile
Cash Flow To Debt Ratio6.075.783.9644
Slightly volatile
Price Sales Ratio3.333.25873.5289
Pretty Stable
Return On Assets0.110.1640.1479
Slightly volatile
Asset Turnover0.970.88040.8616
Pretty Stable
Net Profit Margin0.140.18630.1843
Slightly volatile
Gross Profit Margin0.430.33170.3699
Very volatile
Price Fair Value4.353.23993.4948
Very volatile
Return On Equity0.130.18530.1724
Slightly volatile

Gentex Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap7.9 B7.5 B5.6 B
Slightly volatile
Enterprise Value7.6 B7.3 B5.3 B
Slightly volatile

Gentex Fundamental Market Drivers

Forward Price Earnings16.2338
Cash And Short Term Investments240.8 M

Gentex Upcoming Events

26th of January 2024
Upcoming Quarterly Report
View
26th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
26th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Gentex Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Gentex income statement, its balance sheet, and the statement of cash flows. Gentex investors use historical funamental indicators, such as Gentex's revenue or net income, to determine how well the company is positioned to perform in the future. Although Gentex investors may use each financial statement separately, they are all related. The changes in Gentex's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Gentex's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Gentex Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Gentex. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue35.1 M39 M
Total Revenue2.3 B2.4 B
Cost Of Revenue1.5 B1.6 B
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.05  0.06 
Research And Ddevelopement To Revenue 0.07  0.05 
Capex To Revenue(0.08)(0.08)
Revenue Per Share 10.02  10.52 
Ebit Per Revenue 0.22  0.17 

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When determining whether Gentex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gentex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gentex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gentex Stock:
Check out the analysis of Gentex Correlation against competitors.
For more information on how to buy Gentex Stock please use our How to Invest in Gentex guide.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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When running Gentex's price analysis, check to measure Gentex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gentex is operating at the current time. Most of Gentex's value examination focuses on studying past and present price action to predict the probability of Gentex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gentex's price. Additionally, you may evaluate how the addition of Gentex to your portfolios can decrease your overall portfolio volatility.
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Is Gentex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gentex. If investors know Gentex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gentex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.352
Dividend Share
0.48
Earnings Share
1.84
Revenue Per Share
10.022
Quarterly Revenue Growth
0.193
The market value of Gentex is measured differently than its book value, which is the value of Gentex that is recorded on the company's balance sheet. Investors also form their own opinion of Gentex's value that differs from its market value or its book value, called intrinsic value, which is Gentex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gentex's market value can be influenced by many factors that don't directly affect Gentex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gentex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gentex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gentex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.