GNTX - Intrinsic Value and Financial Analysis - Gentex Corporation

Gentex Corporation GNTX

Consumer Cyclical - Auto - Parts - NASDAQ - US

Watchlist

$ 30.15

-0.757 %

$ 6.86 B

Market Cap

15.95

P/E

INCOME STATEMENT

2.3 B REVENUE

Growth Rates

1Year 19.82%

3Years 10.85%

5Years 4.62%

7Years 4.59%

10Years 6.97%

496 M OPERATING INCOME

Growth Rates

1Year 81.30%

3Years 18.91%

5Years -0.49%

7Years -0.45%

10Years 4.99%

428 M NET INCOME

Growth Rates

1Year 34.40%

3Years 7.22%

5Years -0.44%

7Years 3.03%

10Years 6.75%

EFFICIENCY

Earnings Waterfall Gentex Corporation

Revenue	2.3 B
Cost Of Revenue	1.54 B
Gross Profit	763 M
Operating Expenses	267 M
Operating Income	496 M
Other Expenses	67.3 M
Net Income	428 M

Income Statement

Millions

	Dec-2023	Dec-2022	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2017	Dec-2016	Dec-2015	Dec-2014	Dec-2013	Dec-2012	Dec-2011	Dec-2010	Dec-2009	Dec-2008	Dec-2007	Dec-2006	Dec-2005	Dec-2004	Dec-2003	Dec-2002	Dec-2001	Dec-2000	Dec-1999	Dec-1998	Dec-1997	Dec-1996	Dec-1995	Dec-1994	Dec-1993	Dec-1992	Dec-1991	Dec-1990	Dec-1989	Dec-1988	Dec-1987	Dec-1986	Dec-1985
REVENUE
Revenue	2 299.2	1 919.0	1 731.2	1 688.2	1 858.9	1 834.1	1 794.9	1 678.9	1 543.6	1 375.5	1 171.9	1 099.6	1 023.8	816.3	544.5	623.8	653.9	572.3	536.5	505.7	469.0	395.3	310.3	297.4	262.2	222.3	186.3	148.7	111.6	89.8	63.7	45.1	26.9	21.2	23.8	14.7	13.8	12.8	8.2
GROSS PROFIT
Cost Of Revenue	1 536.6	1 309.1	1 111.5	1 082.7	1 170.6	1 143.6	1 100.3	1 010.5	939.8	836.6	741.1	726.7	662.2	520.6	367.0	420.7	426.2	373.2	337.8	297.9	272.5	235.6	188.3	160.3	138.4	123.8	111.9	89.1	64.3	48.0	33.9	25.3	16.2	13.3	15.2	9.5	9.0	7.7	5.1
Gross Profit	762.6	609.8	619.7	605.4	688.3	690.5	694.5	668.5	603.8	538.9	430.7	372.8	361.6	295.7	177.6	203.1	227.7	199.1	198.6	207.7	196.5	159.6	122.0	137.1	123.8	98.5	74.4	59.6	47.3	41.8	29.8	19.8	10.7	7.9	8.6	5.2	4.8	5.1	3.1
OPERATING INCOME
Operating Expenses	266.9	239.8	209.9	205.9	199.8	182.3	171.2	156.7	145.0	140.1	126.0	133.4	130.2	104.7	82.9	110.9	88.9	72.7	62.3	57.7	49.9	44.4	39.9	46.7	38.3	31.2	26.9	23.7	22.4	18.8	16.0	12.9	8.8	7.5	5.8	4.3	2.7	4.0	2.7
Selling, General and Administrative Expenses	112.5	106.5	92.2	90.0	85.1	75.2	71.4	62.5	56.6	55.9	49.5	48.4	48.6	40.6	35.8	42.4	35.3	30.9	27.3	26.8	23.3	21.5	19.3	17.6	14.1	12.1	10.8	11.7	12.9	10.6	11.4	9.3	6.9	6.2	4.9	3.8	2.3	3.7	2.5
Research and Development Expenses	154.4	133.3	117.8	115.9	114.7	107.1	99.7	94.2	88.4	84.2	76.5	85.0	81.6	64.1	47.1	51.9	50.7	41.8	35.1	30.8	26.6	23.0	20.7	16.9	13.8	11.0	9.1	7.5	6.0	4.9	0	0	0	0	0	0	0	0	0
Operating Income	495.7	273.4	310.7	294.8	383.8	508.1	523.4	511.7	458.8	398.8	304.7	234.5	231.4	191.0	94.6	108.8	138.8	126.4	136.3	150.1	146.6	115.2	82.1	90.4	85.5	67.3	47.5	35.9	24.9	23.0	13.8	6.9	1.9	0.4	2.8	0.9	2.1	1.1	0.4
PRE-TAX INCOME
Interest Income Expense	0	(96.3)	0	0.6	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Other Income	9.3	(0.3)	105.7	117.0	11.9	13.9	8.4	(1.2)	4.8	16.5	23.3	15.2	13.1	12.5	1.7	(16.6)	33.2	32.5	23.6	15.7	11.6	11.9	14.6	14.1	10.8	7.4	4.7	(0.3)	3.0	1.7	0.9	0.7	0.8	0.8	0.3	0.2	100 K	100 K	100 K
Pre-Tax Income	505.0	369.7	416.4	411.8	500.4	522.0	531.8	510.6	463.6	415.3	328.1	249.6	244.4	203.4	96.4	92.2	179.7	159.0	159.9	165.7	158.2	127.1	96.6	104.5	96.3	74.7	52.2	35.5	27.9	24.7	14.7	7.6	2.7	1.2	3.1	1.1	2.0	1.2	0.5
NET INCOME
Tax Provision	76.6	51.0	55.6	64.2	75.7	84.2	125.0	163.0	145.1	126.7	105.1	81.0	79.8	65.7	31.7	30.1	57.6	50.2	50.4	53.1	51.4	41.3	31.4	34.0	31.4	24.4	17.0	11.5	9.0	8.2	4.9	2.5	0.8	100 K	1.0	0.4	0.8	0.2	0.2
Net Income	428.4	318.8	360.8	347.6	424.7	437.9	406.8	347.6	318.5	288.6	222.9	168.6	164.7	137.7	64.6	62.1	122.1	108.8	109.5	112.7	106.8	85.8	65.2	70.5	64.9	50.3	35.2	24.0	18.9	16.5	9.8	5.1	1.9	1.1	2.1	0.7	1.2	1.0	0.3
EPS	1.81	1.36	1.51	1.41	1.67	1.64	1.42	1.21	1.09	0.99	0.78	0.59	0.58	0.5	0.24	0.22	0.43	0.37	0.35	0.37	0.35	0.28	0.22	0.24	0.22	0.18	0.13	0.0875	0.0725	0.0606	0.0375	0.02	0.0075	0.005	0.01	0.005	0.0075	0.0075	0.0025

Income Statement

Premium Plan

Unlimited Plan