Gentex Corporation (GNTX) Financial Ratios
30 years of historical data (1996–2025) · Consumer Cyclical · Auto - Parts
EV/EBITDA
↓
9.22
↓-24% vs avg
5yr avg: 12.16
30Y Low6.6·High21.1
P/FCF
↓
12.20
↓-45% vs avg
5yr avg: 22.35
30Y Low11.2·High198.7
P/B Ratio
↓
2.29
↓-25% vs avg
5yr avg: 3.05
30Y Low1.8·High6.6
ROE
↓
15.5%
-10% vs avg
5yr avg: 17.3%
30Y Low8%·High25%
Debt/EBITDA
N/A
—
5yr avg: N/A
30Y Low0.1·High0.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
GNTX Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Gentex Corporation trades at 14.9x earnings, 18% below its 5-year average of 18.1x, sitting at the 13th percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 21.2x, the stock trades at a discount of 29%. On a free-cash-flow basis, the stock trades at 12.2x P/FCF, 45% below the 5-year average of 22.3x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $5.6B | $5.1B | $6.5B | $7.5B | $6.3B | $8.2B | $8.3B | $7.3B | $5.5B | $6.0B | $5.7B |
| Enterprise Value | $5.4B | $5.0B | $6.3B | $7.3B | $6.1B | $8.0B | $7.8B | $7.0B | $5.2B | $5.5B | $5.4B |
| P/E Ratio → | 14.91 | 13.37 | 16.32 | 17.75 | 20.05 | 23.23 | 24.06 | 17.46 | 12.48 | 14.86 | 16.55 |
| P/S Ratio | 2.21 | 2.02 | 2.81 | 3.26 | 3.29 | 4.76 | 4.90 | 3.95 | 2.97 | 3.36 | 3.41 |
| P/B Ratio | 2.29 | 2.05 | 2.63 | 3.24 | 3.05 | 4.25 | 4.21 | 3.79 | 2.93 | 2.95 | 3.00 |
| P/FCF | 12.20 | 11.15 | 18.37 | 21.22 | 32.88 | 28.11 | 20.03 | 17.42 | 11.69 | 15.21 | 16.35 |
| P/OCF | 9.52 | 8.70 | 13.03 | 13.96 | 18.64 | 22.77 | 17.80 | 14.51 | 9.87 | 12.05 | 12.16 |
P/E links to full P/E history page with 30-year chart
GNTX EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Gentex Corporation's enterprise value stands at 9.2x EBITDA, 24% below its 5-year average of 12.2x. The Consumer Cyclical sector median is 12.2x, placing the stock at a 24% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.96 | 2.71 | 3.16 | 3.17 | 4.61 | 4.65 | 3.79 | 2.86 | 3.09 | 3.20 |
| EV / EBITDA | 9.22 | 8.40 | 11.29 | 12.35 | 13.05 | 15.69 | 15.56 | 11.87 | 8.58 | 8.90 | 8.95 |
| EV / EBIT | 11.21 | 10.76 | 13.36 | 14.68 | 16.45 | 19.48 | 19.63 | 14.42 | 10.31 | 10.60 | 10.49 |
| EV / FCF | — | 10.83 | 17.71 | 20.58 | 31.74 | 27.22 | 19.00 | 16.72 | 11.23 | 13.97 | 15.32 |
GNTX Profitability
Margins and return-on-capital ratios measuring operating efficiency
Gentex Corporation earns an operating margin of 19.2%, significantly above the Consumer Cyclical sector average of 2.0%. Operating margins have compressed from 21.6% to 19.2% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 15.5% indicates solid capital efficiency, compared to the sector median of 5.3%. ROIC of 15.9% represents solid returns on invested capital versus a sector median of 5.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 34.2% | 34.2% | 33.3% | 33.2% | 31.8% | 35.8% | 35.9% | 37.0% | 37.6% | 38.7% | 39.8% |
| Operating Margin | 19.2% | 19.2% | 19.9% | 21.6% | 19.3% | 23.7% | 23.7% | 26.3% | 27.7% | 29.2% | 30.5% |
| Net Profit Margin | 15.2% | 15.2% | 17.5% | 18.6% | 16.6% | 20.8% | 20.6% | 22.8% | 23.9% | 22.7% | 20.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 15.5% | 15.5% | 16.9% | 19.6% | 15.9% | 18.5% | 17.8% | 22.4% | 22.4% | 20.5% | 19.1% |
| ROA | 13.5% | 13.5% | 14.9% | 16.9% | 14.1% | 16.6% | 15.8% | 19.9% | 19.7% | 17.5% | 15.6% |
| ROIC | 15.9% | 15.9% | 15.9% | 18.9% | 15.8% | 19.1% | 18.8% | 22.3% | 25.0% | 28.3% | 27.6% |
| ROCE | 19.2% | 19.2% | 18.7% | 21.8% | 18.1% | 20.5% | 19.7% | 24.9% | 25.3% | 24.5% | 24.5% |
GNTX Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $146M exceeds total debt of $0, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | — | — | — | 0.04 | 0.10 |
| Debt / EBITDA | — | — | — | — | — | — | — | — | — | 0.13 | 0.31 |
| Net Debt / Equity | — | -0.06 | -0.09 | -0.10 | -0.11 | -0.14 | -0.22 | -0.15 | -0.12 | -0.24 | -0.19 |
| Net Debt / EBITDA | -0.25 | -0.25 | -0.42 | -0.38 | -0.47 | -0.52 | -0.84 | -0.50 | -0.36 | -0.79 | -0.60 |
| Debt / FCF | — | -0.32 | -0.66 | -0.64 | -1.14 | -0.89 | -1.03 | -0.70 | -0.47 | -1.24 | -1.03 |
| Interest Coverage | — | — | — | — | — | — | 665.93 | — | — | — | — |
Net cash position: cash ($146M) exceeds total debt ($0)
GNTX Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Gentex Corporation's current ratio of 2.91x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.58x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 3.67x to 2.91x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.91 | 2.91 | 4.11 | 3.67 | 3.79 | 4.81 | 5.51 | 5.53 | 5.03 | 4.86 | 7.71 |
| Quick Ratio | 1.58 | 1.58 | 2.38 | 2.19 | 2.17 | 3.06 | 4.24 | 4.08 | 3.70 | 3.97 | 6.44 |
| Cash Ratio | 0.39 | 0.39 | 1.01 | 0.89 | 0.96 | 1.47 | 2.53 | 2.54 | 2.28 | 2.96 | 4.83 |
| Asset Turnover | — | 0.87 | 0.84 | 0.86 | 0.80 | 0.81 | 0.76 | 0.85 | 0.88 | 0.76 | 0.73 |
| Inventory Turnover | 3.23 | 3.23 | 3.53 | 3.82 | 3.24 | 3.51 | 4.78 | 4.70 | 5.08 | 5.08 | 5.34 |
| Days Sales Outstanding | — | 53.08 | 46.60 | 51.09 | 52.59 | 52.67 | 61.60 | 46.22 | 42.50 | 47.00 | 46.00 |
GNTX Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Gentex Corporation returns 7.5% to shareholders annually — split between a 1.9% dividend yield and 5.6% buyback yield. The payout ratio of 27.8% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 6.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.9% | 2.1% | 1.7% | 1.5% | 1.8% | 1.4% | 1.4% | 1.6% | 2.1% | 1.8% | 1.8% |
| Payout Ratio | 27.8% | 27.8% | 27.3% | 26.2% | 35.5% | 32.0% | 33.7% | 27.4% | 26.6% | 26.7% | 29.1% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.7% | 7.5% | 6.1% | 5.6% | 5.0% | 4.3% | 4.2% | 5.7% | 8.0% | 6.7% | 6.0% |
| FCF Yield | 8.2% | 9.0% | 5.4% | 4.7% | 3.0% | 3.6% | 5.0% | 5.7% | 8.6% | 6.6% | 6.1% |
| Buyback Yield | 5.6% | 6.2% | 3.2% | 2.0% | 1.8% | 3.9% | 3.5% | 4.5% | 10.8% | 3.8% | 2.9% |
| Total Shareholder Yield | 7.5% | 8.3% | 4.9% | 3.5% | 3.6% | 5.3% | 4.9% | 6.1% | 13.0% | 5.6% | 4.6% |
| Shares Outstanding | — | $220M | $226M | $230M | $231M | $237M | $244M | $253M | $270M | $288M | $291M |
Peer Comparison
Compare GNTX with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 GNTXYou | $6B | 14.9 | 9.2 | 12.2 | 34.2% | 19.2% | 15.5% | 15.9% | — |
 MGA | $18B | 21.9 | 6.5 | 10.0 | 10.3% | 5.0% | 6.8% | 8.6% | 2.2 |
 APTV | $13B | 84.9 | 9.1 | 8.8 | 19.1% | 5.8% | 1.8% | 5.5% | 3.7 |
 ADNT | $2B | -6.1 | 4.0 | 8.0 | 6.6% | 3.0% | -12.0% | 8.7% | 3.1 |
 VC | $3B | 15.6 | 6.4 | 11.0 | 14.1% | 8.8% | 13.6% | 19.5% | 1.2 |
 LEA | $7B | 17.1 | 6.2 | 13.4 | 8.2% | 4.4% | 8.9% | 9.7% | 2.5 |
 DAN | $4B | 45.6 | 12.2 | 13.1 | 8.0% | 2.8% | 6.8% | 4.0% | 6.2 |
 ALSN | $10B | 16.2 | 10.3 | 15.3 | 48.4% | 32.3% | 35.4% | 22.2% | 2.7 |
 GM | $71B | 24.2 | 10.3 | 6.5 | 10.9% | 1.6% | 4.2% | 1.3% | 7.4 |
 F | $55B | -6.8 | 23.4 | 4.4 | 12.2% | 1.4% | -20.2% | 1.0% | 19.7 |
 TSLA | $1.5T | 370.8 | 142.3 | 241.6 | 18.0% | 4.6% | 4.8% | 4.5% | 0.8 |
| Consumer Cyclical Median | — | 21.2 | 12.2 | 15.6 | 36.2% | 2.0% | 5.3% | 5.2% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 30 years · Updated daily
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GNTX — Frequently Asked Questions
Quick answers to the most common questions about buying GNTX stock.
What is Gentex Corporation's P/E ratio?
Gentex Corporation's current P/E ratio is 14.9x. The historical average is 22.9x. This places it at the 13th percentile of its historical range.
What is Gentex Corporation's EV/EBITDA?
Gentex Corporation's current EV/EBITDA is 9.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.6x.
What is Gentex Corporation's ROE?
Gentex Corporation's return on equity (ROE) is 15.5%. The historical average is 17.8%.
Is GNTX stock overvalued?
Based on historical data, Gentex Corporation is trading at a P/E of 14.9x. This is at the 13th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Gentex Corporation's dividend yield?
Gentex Corporation's current dividend yield is 1.88% with a payout ratio of 27.8%.
What are Gentex Corporation's profit margins?
Gentex Corporation has 34.2% gross margin and 19.2% operating margin. Operating margin between 10-20% is typical for established companies.