GNTX
Income statement / Annual
Last year (2023), Gentex Corporation's total revenue was $2.30 B,
an increase of 19.82% from the previous year.
In 2023, Gentex Corporation's net income was $428.40 M.
See Gentex Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$2.30 B
|
$1.92 B
|
$1.73 B
|
$1.69 B
|
$1.86 B
|
$1.83 B
|
$1.79 B
|
$1.68 B
|
$1.54 B
|
$1.38 B
|
| Cost of Revenue |
$1.54 B |
$1.31 B |
$1.11 B |
$1.08 B |
$1.17 B |
$1.14 B |
$1.10 B |
$1.01 B |
$939.84 M |
$836.61 M |
| Gross Profit |
$762.63 M |
$609.81 M |
$619.71 M |
$605.44 M |
$688.31 M |
$690.47 M |
$694.53 M |
$668.45 M |
$603.78 M |
$538.89 M |
| Gross Profit Ratio |
0.33 |
0.32 |
0.36 |
0.36 |
0.37 |
0.38 |
0.39 |
0.4 |
0.39 |
0.39 |
| Research and Development
Expenses |
$154.36 M
|
$133.31 M
|
$117.76 M
|
$115.94 M
|
$114.69 M
|
$107.13 M
|
$99.73 M
|
$94.24 M
|
$88.39 M
|
$84.18 M
|
| General & Administrative
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$75.21 M
|
$71.44 M
|
$62.47 M
|
$56.62 M
|
$55.88 M
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$1.40 M
|
$1.10 M
|
| Selling, General &
Administrative Expenses |
$112.54 M
|
$106.50 M
|
$92.16 M
|
$89.95 M
|
$85.08 M
|
$75.21 M
|
$71.44 M
|
$62.47 M
|
$56.62 M
|
$55.88 M
|
| Other Expenses |
$0.00 |
-$283,050.00 |
$6.57 M |
$12.26 M |
$11.88 M |
$13.92 M |
$8.44 M |
-$1.18 M |
$4.83 M |
$16.49 M |
| Operating Expenses |
$266.90 M |
$239.81 M |
$209.93 M |
$205.89 M |
$199.77 M |
$182.34 M |
$171.17 M |
$156.71 M |
$145.01 M |
$140.06 M |
| Cost And Expenses |
$1.80 B |
$1.55 B |
$1.32 B |
$1.29 B |
$1.37 B |
$1.33 B |
$1.27 B |
$1.17 B |
$1.08 B |
$976.67 M |
| Interest Income |
$13.50 M |
$0.00 |
$3.59 M |
$6.99 M |
$11.23 M |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$0.00 |
$0.00 |
$0.00 |
$600,000.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$93.32 M
|
$96.57 M
|
$99.11 M
|
$104.74 M
|
$104.70 M
|
$102.19 M
|
$99.57 M
|
$88.59 M
|
$80.60 M
|
$77.38 M
|
| EBITDA |
$589.05 M
|
$466.57 M
|
$409.78 M
|
$399.56 M
|
$593.24 M
|
$610.31 M
|
$634.37 M
|
$600.33 M
|
$539.37 M
|
$476.21 M
|
| EBITDA Ratio |
0.26 |
0.19 |
0.24 |
0.24 |
0.26 |
0.28 |
0.29 |
0.3 |
0.3 |
0.29 |
| Operating Income Ratio
|
0.22
|
0.14
|
0.18
|
0.17
|
0.21
|
0.28
|
0.29
|
0.3
|
0.3
|
0.29
|
| Total Other
Income/Expenses Net |
$9.25 M
|
-$283,050.00
|
$105.68 M
|
$117.00 M
|
$11.88 M
|
$13.92 M
|
$8.44 M
|
-$1.18 M
|
$4.83 M
|
$16.49 M
|
| Income Before Tax |
$504.98 M |
$369.72 M |
$416.35 M |
$411.81 M |
$500.42 M |
$522.05 M |
$531.80 M |
$510.56 M |
$463.59 M |
$415.33 M |
| Income Before Tax Ratio
|
0.22
|
0.19
|
0.24
|
0.24
|
0.27
|
0.28
|
0.3
|
0.3
|
0.3
|
0.3
|
| Income Tax Expense |
$76.58 M |
$50.97 M |
$55.55 M |
$64.25 M |
$75.73 M |
$84.16 M |
$125.00 M |
$162.97 M |
$145.12 M |
$126.72 M |
| Net Income |
$428.40 M |
$318.76 M |
$360.80 M |
$347.56 M |
$424.68 M |
$437.88 M |
$406.79 M |
$347.59 M |
$318.47 M |
$288.60 M |
| Net Income Ratio |
0.19 |
0.17 |
0.21 |
0.21 |
0.23 |
0.24 |
0.23 |
0.21 |
0.21 |
0.21 |
| EPS |
1.81 |
1.36 |
1.51 |
1.41 |
1.67 |
1.64 |
1.42 |
1.21 |
1.09 |
0.99 |
| EPS Diluted |
1.84 |
1.36 |
1.5 |
1.41 |
1.66 |
1.62 |
1.41 |
1.19 |
1.08 |
0.98 |
| Weighted Average Shares
Out |
$232.83 M
|
$230.83 M
|
$235.53 M
|
$242.60 M
|
$251.77 M
|
$267.79 M
|
$285.86 M
|
$288.43 M
|
$293.10 M
|
$290.95 M
|
| Weighted Average Shares
Out Diluted |
$229.72 M
|
$231.22 M
|
$236.60 M
|
$243.68 M
|
$253.27 M
|
$269.88 M
|
$288.23 M
|
$291.07 M
|
$296.24 M
|
$294.30 M
|
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