Gentex Corp (OQ:GNTX)
Business Focus: Automotive Accessories
| Sector: Consumer Cyclicals | Industry: Auto, Truck & Motorcycle Parts |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 600 N CENTENNIAL ST ZEELAND MI 49464 |
| Tel: | N/A |
| Website: | https://www.gentex.com |
| IR: | See website |
| Key People | ||
| Steven R. Downing President, Chief Executive Officer, Director | Kevin Nash Chief Financial Officer, Vice President - Finance, Treasurer | Matthew Chiodo Senior Vice President - Sales, Chief Sales Officer |
| Neil J. Boehm Chief Technology Officer, Vice President - Engineering | Scott P. Ryan Vice President, General Counsel, Corporate Secretary | |
| Business Overview |
| Gentex Corporation is a designer, developer, manufacturer, marketer, and supplier of digital vision, connected car, dimmable glass, and fire protection products. The Company provides automatic-dimming and non-automatic-dimming rearview mirrors and electronics for the automotive industry; dimmable aircraft windows for the aviation industry; and commercial smoke alarms and signaling devices for the fire protection industry. The Company's business segment involves designing, developing, manufacturing and marketing interior and exterior automatic-dimming automotive rearview mirrors that utilize proprietary electrochromic technology to dim in proportion to the amount of headlight glare from trailing vehicle headlamps. Within this business segment, the Company also designs, develops and manufactures various electronics that are value added features to the interior and exterior automotive rearview mirrors as well as electronics for interior visors, and overhead consoles. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Gentex Corp revenues increased 20% to $2.3B. Net income applicable to common stockholders increased 34% to $422.1M. Revenues reflect Automotive Products segment increase of 20% to $2.25B, Other segment increase of 1% to $44.5M, U.S segment increase of 17% to $732.7M, Japan segment increase of 38% to $323.9M, Germany segment increase of 11% to $294.5M. |
| Employees: | 6,245 as of Feb 1, 2024 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $7,774M as of Dec 31, 2023 |
| Annual revenue (TTM): | $2,299M as of Dec 31, 2023 |
| EBITDA (TTM): | $589.05M as of Dec 31, 2023 |
| Net annual income (TTM): | $422.05M as of Dec 31, 2023 |
| Free cash flow (TTM): | $236.97M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 231,320,688 as of Mar 18, 2024 |
| Index Membership: | S&P 400 Mid Cap |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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