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GNTX logoGentex Corporation(GNTX)Earnings, Financials & Key Ratios

GNTX•NASDAQ
$23.55
$5.07B mkt cap·13.5× P/E·Price updated May 6, 2026
SectorConsumer CyclicalIndustryAuto Parts & EquipmentSub-IndustryVehicle Electronics and Connectivity
AboutGentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, and internationally. It operates through Automotive Products and Other segments. The company offers automotive products, including interior and exterior electrochromic automatic-dimming rearview mirrors, automotive electronics, and non-automatic-dimming rearview mirrors for automotive passenger cars, light trucks, pick-up trucks, sport utility vehicles, and vans for original equipment manufacturers, automotive suppliers, and various aftermarket and accessory customers. It also provides variable dimmable windows to aircraft manufacturers and airline operators. In addition, the company offers photoelectric smoke detectors and alarms, electrochemical carbon monoxide alarms and detectors, audible and visual signaling alarms, and bells and speakers used in fire detection systems in office buildings, hotels, and other commercial and residential buildings, as well as researches and develops nanofiber chemical sensing products. The company sells its fire protection products directly, as well as through sales managers and manufacturer representative organizations to fire protection and security product distributors, electrical wholesale houses, and original equipment manufacturers of fire protection systems. Gentex Corporation was incorporated in 1974 and is headquartered in Zeeland, Michigan.Show more
  • Revenue$2.53B+9.6%
  • EBITDA$591M+6.5%
  • Net Income$385M-4.9%
  • EPS (Diluted)1.74-1.1%
  • Gross Margin34.2%+2.6%
  • EBITDA Margin23.31%-2.8%
  • Operating Margin19.16%-3.6%
  • Net Margin15.19%-13.2%
  • ROE15.51%-8.3%
  • ROIC15.89%-0.3%
Technical→

GNTX Key Insights

Gentex Corporation (GNTX) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓FCF machine: 18.1% free cash flow margin
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Good 3Y average ROE of 17.3%
  • ✓Healthy dividend yield of 2.1%
  • ✓Share count reduced 2.9% through buybacks
  • ✓Healthy 5Y average net margin of 17.8%

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

GNTX Price & Volume

Gentex Corporation (GNTX) stock price & volume — 10-year historical chart

Loading chart...

GNTX Growth Metrics

Gentex Corporation (GNTX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years5.08%
5 Years8.46%
3 Years9.71%
TTM9.55%

Profit CAGR

10 Years1.91%
5 Years2.06%
3 Years6.48%
TTM-4.86%

EPS CAGR

10 Years4.88%
5 Years4.3%
3 Years8.56%
TTM0%

Return on Capital

10 Years21.72%
5 Years19.67%
3 Years19.92%
Last Year19.23%

GNTX Recent Earnings

Gentex Corporation (GNTX) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
Apr 24, 2026
EPS
$0.48
Est $0.44
+9.1%
Revenue
$675M
Est $649M
+4.1%
Q1 2026
Jan 30, 2026
EPS
$0.43
Est $0.43
+0.0%
Revenue
$644M
Est $654M
-1.5%
Q4 2025
Oct 24, 2025
EPS
$0.46
Est $0.47
-3.0%
Revenue
$655M
Est $672M
-2.5%
Q3 2025
Jul 25, 2025
EPS
$0.47
Est $0.40
+17.5%
Revenue
$658M
Est $661M
-0.5%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 24, 2026
$0.48vs $0.44+9.1%
$675Mvs $649M+4.1%
Q1 2026Jan 30, 2026
$0.43vs $0.43+0.0%
$644Mvs $654M-1.5%
Q4 2025Oct 24, 2025
$0.46vs $0.47-3.0%
$655Mvs $672M-2.5%
Q3 2025Jul 25, 2025
$0.47vs $0.40+17.5%
$658Mvs $661M-0.5%
Based on last 12 quarters of dataView full earnings history →

GNTX Peer Comparison

Gentex Corporation (GNTX) competitors in Vehicle Electronics and Connectivity — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
MGA logoMGAMagna International Inc.Direct Competitor17.48B62.7020.97-0.21%1.97%6.53%0.65
APTV logoAPTVAptiv PLCDirect Competitor12.11B56.8075.733.47%1.77%3.81%0.85
ADNT logoADNTAdient plcDirect Competitor1.75B22.32-6.58-1.04%0.4%2.88%1.11
VC logoVCVisteon CorporationProduct Competitor3.05B113.7215.62-2.53%5.31%12.66%0.33
LEA logoLEALear CorporationProduct Competitor6.96B137.5716.88-0.19%2.25%11.08%0.79
DAN logoDANDana IncorporatedProduct Competitor4.76B35.6055.63-27.07%-2.47%3.82
ALSN logoALSNAllison Transmission Holdings, Inc.Product Competitor10.62B127.7017.42-6.67%14.88%29.49%1.56
GM logoGMGeneral Motors CompanySupply Chain70.96B78.7024.07-1.29%1.38%3.84%2.06

Compare GNTX vs Peers

Gentex Corporation (GNTX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MGA

Most directly comparable listed peer for GNTX.

Scale Benchmark

vs TSLA

Larger-name benchmark to compare GNTX against a more recognizable public peer.

Peer Set

Compare Top 5

vs MGA, APTV, ADNT, VC

GNTX Income Statement

Gentex Corporation (GNTX) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Sales/Revenue1.79B1.83B1.86B1.69B1.73B1.92B2.3B2.31B2.53B
Revenue Growth %6.91%2.18%1.35%-9.18%2.55%10.85%19.82%0.61%9.55%
Cost of Goods Sold1.1B1.14B1.17B1.08B1.11B1.31B1.54B1.54B1.67B
COGS % of Revenue61.3%62.35%62.97%64.14%64.2%68.22%66.83%66.67%65.8%
Gross Profit
694.53M▲ 0%
690.47M▼ 0.6%
688.31M▼ 0.3%
605.44M▼ 12.0%
619.71M▲ 2.4%
609.81M▼ 1.6%
762.63M▲ 25.1%
771.09M▲ 1.1%
866.71M▲ 12.4%
Gross Margin %38.7%37.65%37.03%35.86%35.8%31.78%33.17%33.33%34.2%
Gross Profit Growth %3.9%-0.58%-0.31%-12.04%2.36%-1.6%25.06%1.11%12.4%
Operating Expenses171.17M182.34M199.77M205.89M209.93M239.81M266.9M311.36M381.13M
OpEx % of Revenue9.54%9.94%10.75%12.2%12.13%12.5%11.61%13.46%15.04%
Selling, General & Admin71.44M75.21M85.08M89.95M92.16M106.5M112.54M121.02M177.87M
SG&A % of Revenue3.98%4.1%4.58%5.33%5.32%5.55%4.89%5.23%7.02%
Research & Development99.73M107.13M114.69M115.94M117.76M133.31M154.36M181.48M203.26M
R&D % of Revenue5.56%5.84%6.17%6.87%6.8%6.95%6.71%7.84%8.02%
Other Operating Expenses00000008.86M0
Operating Income
523.36M▲ 0%
508.13M▼ 2.9%
488.54M▼ 3.9%
399.56M▼ 18.2%
409.78M▲ 2.6%
370.01M▼ 9.7%
495.73M▲ 34.0%
459.73M▼ 7.3%
485.58M▲ 5.6%
Operating Margin %29.16%27.7%26.28%23.67%23.67%19.28%21.56%19.87%19.16%
Operating Income Growth %2.27%-2.91%-3.85%-18.21%2.56%-9.71%33.98%-7.26%5.62%
EBITDA622.93M610.31M593.24M504.3M508.89M466.57M589.05M554.44M590.66M
EBITDA Margin %34.71%33.28%31.91%29.87%29.4%24.31%25.62%23.97%23.31%
EBITDA Growth %3.76%-2.03%-2.8%-14.99%0.91%-8.32%26.25%-5.88%6.53%
D&A (Non-Cash Add-back)99.57M102.19M104.7M104.74M99.11M96.57M93.32M94.71M105.08M
EBIT523.36M508.13M488.54M399.56M409.78M370.01M495.73M468.59M461.06M
Net Interest Income0006.39M3.59M4.8M13.5M13.4M0
Interest Income0006.99M3.59M4.8M13.5M13.4M0
Interest Expense000600K00000
Other Income/Expense8.44M13.92M11.88M12.26M6.57M-283.05K9.25M12.49M-24.52M
Pretax Income
531.8M▲ 0%
522.05M▼ 1.8%
500.42M▼ 4.1%
411.81M▼ 17.7%
416.35M▲ 1.1%
369.72M▼ 11.2%
504.98M▲ 36.6%
472.21M▼ 6.5%
461.06M▼ 2.4%
Pretax Margin %29.63%28.46%26.92%24.39%24.05%19.27%21.96%20.41%18.19%
Income Tax125M84.16M75.73M64.25M55.55M50.97M76.58M67.73M76.38M
Effective Tax Rate %23.51%16.12%15.13%15.6%13.34%13.78%15.16%14.34%16.57%
Net Income
406.79M▲ 0%
437.88M▲ 7.6%
424.68M▼ 3.0%
347.56M▼ 18.2%
360.8M▲ 3.8%
318.76M▼ 11.7%
428.4M▲ 34.4%
404.49M▼ 5.6%
384.84M▼ 4.9%
Net Margin %22.66%23.88%22.85%20.59%20.84%16.61%18.63%17.49%15.19%
Net Income Growth %17.03%7.64%-3.01%-18.16%3.81%-11.65%34.4%-5.58%-4.86%
Net Income (Continuing)406.79M437.88M424.68M347.56M360.8M318.76M428.4M404.49M384.68M
Discontinued Operations000000000
Minority Interest00000004.15M3.1M
EPS (Diluted)
1.41▲ 0%
1.62▲ 14.9%
1.66▲ 2.5%
1.41▼ 15.1%
1.50▲ 6.4%
1.36▼ 9.3%
1.84▲ 35.3%
1.76▼ 4.3%
1.74▼ 1.1%
EPS Growth %18.49%14.89%2.47%-15.06%6.38%-9.33%35.29%-4.35%-1.14%
EPS (Basic)1.421.641.671.411.511.361.841.771.74
Diluted Shares Outstanding288.23M269.88M253.27M243.68M236.6M231.22M229.72M226.02M219.5M
Basic Shares Outstanding285.86M267.79M251.77M242.6M235.53M230.83M229.41M225.71M219.5M
Dividend Payout Ratio26.75%26.62%27.39%33.72%31.95%35.48%26.18%27.3%27.77%

GNTX Balance Sheet

Gentex Corporation (GNTX) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Current Assets1.18B850.93M950.38M979.33M872.98M948.65M997.74M1.04B1.13B
Cash & Short-Term Investments722.27M386.44M436.71M450.54M267.74M241.76M240.79M255.62M151.03M
Cash Only722.27M217.03M296.32M423.37M262.31M218.75M226.44M233.32M145.65M
Short-Term Investments0169.41M140.38M27.16M5.42M23.01M14.36M22.3M5.39M
Accounts Receivable231.12M213.54M235.41M284.93M249.79M276.49M321.81M295.34M368.52M
Days Sales Outstanding4742.546.2261.652.6752.5951.0946.653.08
Inventory216.77M225.28M248.94M226.29M316.27M404.36M402.47M436.5M516.25M
Days Inventory Outstanding71.971.977.6276.28103.86112.7495.6103.31113
Other Current Assets0029.32M17.58M026.04M32.66M092.63M
Total Non-Current Assets1.17B1.23B1.23B1.24B1.26B1.44B1.68B1.72B1.8B
Property, Plant & Equipment492.48M498.47M498.32M468.14M464.12M550.03M652.88M728.48M790.94M
Fixed Asset Turnover3.64x3.68x3.73x3.61x3.73x3.49x3.52x3.18x3.20x
Goodwill307.37M307.37M307.37M311.92M313.96M313.81M340.11M340.67M357.21M
Intangible Assets309.86M290.69M250.38M249.75M272.64M219.36M214.01M261.58M189.34M
Long-Term Investments57.78M137.98M139.91M162.03M207.69M202.33M299.08M339.6M272.98M
Other Non-Current Assets-58.89B-54.52B22.46M26.78M33.45M67.52M66.52M53.15M81.36M
Total Assets
2.35B▲ 0%
2.09B▼ 11.3%
2.18B▲ 4.7%
2.22B▲ 1.8%
2.13B▼ 4.2%
2.39B▲ 12.1%
2.68B▲ 12.1%
2.76B▲ 3.1%
2.93B▲ 6.1%
Asset Turnover0.76x0.88x0.85x0.76x0.81x0.80x0.86x0.84x0.87x
Asset Growth %1.84%-11.34%4.75%1.82%-4.17%12.1%12.09%3.09%6.08%
Total Current Liabilities243.65M169.16M171.85M177.74M181.66M250.55M271.61M252.69M387.54M
Accounts Payable89.9M92.81M97.55M84.78M98.34M151.74M184.4M168.31M0
Days Payables Outstanding29.8229.6230.4228.5832.342.3143.839.84-
Short-Term Debt78M00000000
Deferred Revenue (Current)000000000
Other Current Liabilities56.89M56.2M57.88M70.6M69.1M62.57M63.79M37.15M387.54M
Current Ratio4.86x5.03x5.53x5.51x4.81x3.79x3.67x4.11x2.91x
Quick Ratio3.97x3.70x4.08x4.24x3.06x2.17x2.19x2.38x1.58x
Cash Conversion Cycle89.0884.7893.43109.31124.23123.02102.89110.07-
Total Non-Current Liabilities75.71M69.58M74.51M82.54M11.75M73.03M94.06M36.03M50.12M
Long-Term Debt000000000
Capital Lease Obligations000000000
Deferred Tax Liabilities75.71M69.58M67.1M65.24M062.14M66.75M0908.92K
Other Non-Current Liabilities007.41M17.3M11.75M10.88M27.31M36.03M49.21M
Total Liabilities319.36M238.74M246.36M260.28M193.4M323.58M365.67M288.72M437.66M
Total Debt78M00000000
Net Debt-491.73M-217.03M-296.32M-423.37M-262.31M-218.75M-226.44M-233.32M-145.65M
Debt / Equity0.04x--------
Debt / EBITDA0.13x--------
Net Debt / EBITDA-0.79x-0.36x-0.50x-0.84x-0.52x-0.47x-0.38x-0.42x-0.25x
Interest Coverage---665.93x-----
Total Equity
2.05B▲ 0%
1.86B▼ 9.2%
1.94B▲ 4.1%
1.96B▲ 1.3%
1.94B▼ 1.3%
2.07B▲ 6.6%
2.31B▲ 11.9%
2.47B▲ 6.9%
2.49B▲ 0.8%
Equity Growth %7.28%-9.16%4.1%1.33%-1.32%6.59%11.94%6.9%0.76%
Book Value per Share7.116.907.658.068.198.9310.0710.9411.35
Total Shareholders' Equity2.05B1.86B1.94B1.96B1.94B2.07B2.31B2.47B2.49B
Common Stock16.82M15.56M15.08M14.62M14.19M14.05M13.89M13.63M0
Retained Earnings1.3B1.1B1.12B1.09B1.04B1.15B1.34B1.45B0
Treasury Stock000000000
Accumulated OCI7.19M-1.6M-1.29M6.85M1.93M-14.14M-6.56M-6.41M0
Minority Interest00000004.15M3.1M

GNTX Cash Flow Statement

Gentex Corporation (GNTX) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations501M552.42M505.97M464.49M362.17M338.2M537.25M498.21M587.13M
Operating CF Margin %27.91%30.12%27.22%27.51%20.92%17.62%23.37%21.54%23.17%
Operating CF Growth %6.27%10.26%-8.41%-8.2%-22.03%-6.62%58.86%-7.27%17.85%
Net Income406.79M437.88M424.68M347.56M360.8M318.76M428.4M404.49M379.13M
Depreciation & Amortization99.57M102.19M104.7M104.74M99.11M96.57M93.32M94.71M104.04M
Stock-Based Compensation18.38M18.31M21.67M30.8M27.42M30.23M39.2M39.54M0
Deferred Taxes-15M-4.41M-3.36M-15.42M-41.69M-17.78M-17.74M-12.42M-18.41M
Other Non-Cash Items-822.75K-2.47M-50.49K-2.25M-1.33M1.67M6.07M12.29M67.91M
Working Capital Changes-7.92M932K-41.68M-941.74K-82.14M-91.25M-12.01M-40.39M54.46M
Change in Receivables-19.53M17.58M-21.87M-49.29M35.14M-26.7M-45.25M27.11M-14.62M
Change in Inventory-27.45M-8.52M-23.66M22.73M-89.98M-88.09M2.13M-32.62M18.14M
Change in Payables9.93M2.91M4.74M-12.85M7.27M37.42M40.95M-26.02M52.4M
Cash from Investing-77.71M-185.82M-56.71M26.42M-113.11M-172.74M-299.42M-202.08M-266.9M
Capital Expenditures-104.04M-85.99M-84.58M-51.71M-68.84M-146.43M-183.68M-144.67M-130.98M
CapEx % of Revenue5.8%4.69%4.55%3.06%3.98%7.63%7.99%6.25%5.17%
Acquisitions249.76K738.09K2M-11.22M-12.07M-33.83M-18.94M-30.53M-147.88M
Investments---------
Other Investing2.65M-5.6M-3.03M-3.94M-2.92M-3.3M-4.16M-3.25M0
Cash from Financing-400.03M-719.31M-369.96M-363.86M-410.12M-209.02M-230.15M-289.25M-407.9M
Debt Issued (Net)-107.63M-78M0000000
Equity Issued (Net)-231.36M-591.58M-331.47M-288.48M-324.64M-112.53M-147.4M-206.11M-301.04M
Dividends Paid-108.82M-116.57M-116.31M-117.18M-115.29M-113.09M-112.15M-110.44M-106.86M
Share Repurchases-231.36M-591.58M-331.47M-288.48M-324.64M-112.53M-147.4M-206.11M-315.5M
Other Financing47.77M66.84M77.82M41.8M29.81M16.6M29.4M27.3M0
Net Change in Cash
23.26M▲ 0%
-352.71M▼ 1616.5%
79.3M▲ 122.5%
127.05M▲ 60.2%
-161.06M▼ 226.8%
-43.56M▲ 73.0%
7.68M▲ 117.6%
6.88M▼ 10.4%
-87.67M▼ 1373.6%
Free Cash Flow
396.96M▲ 0%
466.43M▲ 17.5%
421.39M▼ 9.7%
412.79M▼ 2.0%
293.33M▼ 28.9%
191.77M▼ 34.6%
353.57M▲ 84.4%
353.54M▼ 0.0%
458.04M▲ 29.6%
FCF Margin %22.12%25.43%22.67%24.45%16.94%9.99%15.38%15.28%18.07%
FCF Growth %13.25%17.5%-9.66%-2.04%-28.94%-34.62%84.38%-0.01%29.56%
FCF per Share1.381.731.661.691.240.831.541.562.09
FCF Conversion (FCF/Net Income)1.23x1.26x1.19x1.34x1.00x1.06x1.25x1.23x1.53x
Interest Paid000000000
Taxes Paid000000000

GNTX Key Ratios

Gentex Corporation (GNTX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)19.14%20.55%22.39%22.35%17.81%18.49%15.92%19.57%16.91%15.51%
Return on Invested Capital (ROIC)27.65%28.26%24.99%22.3%18.83%19.11%15.76%18.91%15.94%15.89%
Gross Margin39.81%38.7%37.65%37.03%35.86%35.8%31.78%33.17%33.33%34.2%
Net Margin20.7%22.66%23.88%22.85%20.59%20.84%16.61%18.63%17.49%15.19%
Debt / Equity0.10x0.04x--------
Interest Coverage----665.93x-----
FCF Conversion1.36x1.23x1.26x1.19x1.34x1.00x1.06x1.25x1.23x1.53x
Revenue Growth8.77%6.91%2.18%1.35%-9.18%2.55%10.85%19.82%0.61%9.55%

GNTX SEC Filings & Documents

Gentex Corporation (GNTX) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 24, 2026·SEC

Material company update

Jan 30, 2026·SEC

Material company update

Oct 24, 2025·SEC

10-K Annual Reports

5
FY 2026

Feb 24, 2026·SEC

FY 2025

Feb 25, 2025·SEC

FY 2024

Feb 22, 2024·SEC

10-Q Quarterly Reports

6
FY 2025

Nov 7, 2025·SEC

FY 2025

Aug 8, 2025·SEC

FY 2025

May 6, 2025·SEC

GNTX Frequently Asked Questions

Gentex Corporation (GNTX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Gentex Corporation (GNTX) reported $2.53B in revenue for fiscal year 2025. This represents a 1604% increase from $148.7M in 1996.

Gentex Corporation (GNTX) grew revenue by 9.6% over the past year. This is steady growth.

Yes, Gentex Corporation (GNTX) is profitable, generating $384.8M in net income for fiscal year 2025 (15.2% net margin).

Dividend & Returns

Yes, Gentex Corporation (GNTX) pays a dividend with a yield of 2.07%. This makes it attractive for income-focused investors.

Gentex Corporation (GNTX) has a return on equity (ROE) of 15.5%. This is reasonable for most industries.

Gentex Corporation (GNTX) generated $458.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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Gentex Corporation (GNTX) financial analysis — history, returns, DCA and operating performance tools

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Valuation

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