← GENTEX CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.7b |
$1.8b
+6.91%
|
$1.8b
+2.18%
|
$1.9b
+1.35%
|
$1.7b
-9.18%
|
$1.7b
+2.55%
|
$1.9b
+10.85%
|
$2.3b
+19.82%
|
$2.3b
+0.61%
|
$2.5b
+9.55%
|
$2.6b
+3.63%
|
|
| Cost of Revenue | $1.0b |
$1.1b
+8.89%
|
$1.1b
+3.93%
|
$1.2b
+2.36%
|
$1.1b
-7.50%
|
$1.1b
+2.65%
|
$1.3b
+17.79%
|
$1.5b
+17.37%
|
$1.5b
+0.37%
|
$1.7b
+8.13%
|
$1.7b
+2.37%
|
|
| Gross Profit | $668.5m |
$694.5m
+3.90%
|
$690.5m
-0.58%
|
$688.3m
-0.31%
|
$605.4m
-12.04%
|
$619.7m
+2.36%
|
$609.8m
-1.60%
|
$762.6m
+25.06%
|
$771.1m
+1.11%
|
$866.7m
+12.40%
|
$919.3m
+6.07%
|
|
| Research and Development Expense | $94.2m | $99.7m | $107.1m | $114.7m | $115.9m | $117.8m | $133.3m | $154.4m | $181.5m | $203.3m | $206.8m | |
| Selling, General and Administrative Expense | $62.5m | $71.4m | $75.2m | $85.1m | $90.0m | $92.2m | $106.5m | $112.5m | $121.0m | $177.9m | $199.2m | |
| Marketing and Advertising Expense | $1.9m | $2.6m | $2.5m | $3.0m | $2.0m | $1.8m | $3.3m | $3.4m | $4.5m | $8.0m | — | |
| Amortization of Intangible Assets | $22.3m | $22.5m | $22.5m | $22.4m | $22.4m | $22.2m | $21.7m | $19.7m | $17.9m | — | — | |
| Operating Expenses | $156.7m | $171.2m | $182.3m | $199.8m | $205.9m | $209.9m | $239.8m | $266.9m | $311.4m | $392.8m | $406.0m | |
| Operating Income (Loss) | $511.7m |
$523.4m
+2.27%
|
$508.1m
-2.91%
|
$488.5m
-3.85%
|
$399.6m
-18.21%
|
$409.8m
+2.56%
|
$370.0m
-9.71%
|
$495.7m
+33.98%
|
$459.7m
-7.26%
|
$473.9m
+3.09%
|
$513.3m
+8.30%
|
|
| Interest Expense, Debt | — | — | $800k | — | — | — | — | — | — | — | — | |
| Investment Income, Net | — | — | — | — | — | — | — | — | $13.4m | — | — | |
| Other Nonoperating Income (Expense) | ($6.0m) | ($1.0m) | $2.7m | $647k | $5.3m | $3.0m | ($5.1m) | ($4.2m) | ($916k) | ($11.6m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | $416.4m | $369.7m | $505.0m | $472.2m | $461.1m | $486.8m | |
| Current Income Tax Expense (Benefit) | $140.5m | $139.6m | $88.5m | $78.8m | $79.7m | $97.2m | $68.7m | $94.3m | $80.1m | $94.8m | $80.1m | |
| Income Tax Expense (Benefit) | $163.0m | $125.0m | $84.2m | $75.7m | $64.2m | $55.6m | $51.0m | $76.6m | $67.7m | $76.4m | $80.1m | |
| Net Income (Loss) Attributable to Parent | $347.6m |
$406.8m
+17.03%
|
$437.9m
+7.64%
|
$424.7m
-3.01%
|
$347.6m
-18.16%
|
$360.8m
+3.81%
|
$318.8m
-11.65%
|
$428.4m
+34.40%
|
$404.5m
-5.58%
|
$384.8m
-4.86%
|
$401.4m
+4.30%
|
|
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | $347.6m | $406.8m | $437.9m | $419.7m | $342.6m | $355.2m | $313.9m | $422.1m | $398.9m | $379.1m | $401.4m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | $0 | $0 | ($159k) | $401.4m | |
| Earnings Per Share, Basic | $1.21 | $1.42 | $1.64 | $1.67 | $1.41 | $1.51 | $1.36 | $1.84 | $1.77 | $1.74 | $1.89 | |
| Earnings Per Share, Diluted | $1.19 | $1.41 | $1.62 | $1.66 | $1.41 | $1.50 | $1.36 | $1.84 | $1.76 | $1.74 | $1.89 | |
| Common Stock, Dividends, Per Share, Declared | $0.35 | $0.39 | $0.44 | $0.46 | $0.48 | $0.48 | $0.48 | $0.48 | $0.48 | $0.48 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 288.4m | 285.9m | 267.8m | 251.8m | 242.6m | 235.5m | 230.8m | 229.4m | 225.7m | 217.8m | 212.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 291.1m | 288.2m | 269.9m | 253.3m | 243.7m | 236.6m | 231.2m | 229.7m | 226.0m | 217.8m | 212.0m | |
| Additional Financial Items | ||||||||||||
| Cost of Property Repairs and Maintenance | $22.1m | $24.6m | $28.9m | $28.9m | $22.6m | $24.2m | $27.9m | $31.0m | $35.3m | $34.9m | — | |
| Goodwill, Impairment Loss | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.7m | $0 | $2.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.