CSIMarket
 
Gentex Corporation  (NASDAQ: GNTX)
Other Ticker:  
 
 
Price: $21.3900 $-0.06 -0.280%
Day's High: $21.64 Week Perf: -3.95 %
Day's Low: $ 21.36 30 Day Perf: -7.16 %
Volume (M): 2,147 52 Wk High: $ 35.32
Volume (M$): $ 45,924 52 Wk Avg: $27.48
Open: $21.45 52 Wk Low: $20.28



 Market Capitalization (Millions $) 4,832
 Shares Outstanding (Millions) 226
 Employees 6,245
 Revenues (TTM) (Millions $) 2,301
 Net Income (TTM) (Millions $) 391
 Cash Flow (TTM) (Millions $) 38
 Capital Exp. (TTM) (Millions $) 150

Gentex Corporation

Gentex Corporation designs and manufactures 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 largest 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 features that are value added features to the interior and exterior automotive rearview mirrors as well as interior visors and overhead consoles. The Company ships its products to all of the major automotive producing regions worldwide, which it supports with numerous sales, engineering and distribution locations worldwide.

The Company was organized as a Michigan corporation in 1974 to manufacture smoke detectors, a product line that has since evolved to include a variety of fire protection products. In 1982, the Company introduced an interior electro-mechanical automatic-dimming rearview mirror as an alternative to the manual day/night rearview mirrors for automotive applications. In 1987, the Company introduced an interior electrochromic automatic-dimming rearview mirror for automotive applications. In 1991, the Company introduced an exterior electrochromic automatic-dimming rearview mirror for automotive applications. In 1997, the Company began making volume shipments of three new exterior mirror sub-assembly products: thin glass flat, convex and aspheric. In 2005, the Company began making volume shipments of its new bezel-free exterior automatic-dimming mirror. In 2005, the Company announced, and in 2010 began delivering electrochromic dimmable aircraft windows for the aviation industry. In 2013, the Company acquired HomeLink®, a wireless vehicle/home communications product that enables drivers to remotely activate garage door openers, entry door locks, home lighting, security systems, entry gates and other radio frequency convenience products for automotive applications, wherein the Company had previously been a licensee of HomeLink® and had been, since 2003, integrating HomeLink® into its interior automatic-dimming rearview mirrors. In 2015, the Company began making volume shipments of the Full Display Mirror, which is an on-demand, mirror-borne LCD display that streams live, panoramic video of the vehicles rearward view in order to improve driver rear vision. Also in 2015, the Company signed an exclusive agreement in the ordinary course of business with TransCore to integrate TransCores Universal Toll Module™ ("UTM") technology into its interior automatic-dimming rearview mirrors. The interior mirror is the optimal location for a vehicle-integrated toll transponder and it eliminates the need to affix multiple toll tags to the windshield. Automotive revenues represent approximately 98% of the Companys total revenue, consisting of interior and exterior electrochromic automatic-dimming rearview mirrors and automotive electronics.


The Company’s interior electrochromic automatic-dimming rearview mirrors also power the application of the Company’s exterior electrochromic automatic-dimming rearview mirrors that darken to reduce glare and improve visibility for the driver. These electronic exterior mirrors typically range in size and shape per automaker specification, but also include additional features such as turn signal indicators, side blind zone indicators, and courtesy lighting. The Company also ships exterior non-automatic-dimming rearview mirrors with similar electronic features available in its automatic-dimming applications.

The Company manufactures other automotive electronics products both inside and outside of the rearview mirror through HomeLink® applications in the vehicle including the rearview mirror, interior visor, overhead console, or center console.

The Company continually seeks to develop new products and is currently working to introduce additional advanced-feature automatic-dimming mirrors. Advanced-feature automatic-dimming mirrors currently being offered by the Company include, SmartBeam® and certain driver-assist features, HomeLink®, frameless mirror designs, LED map lamps, compass and temperature displays, telematics, universal toll modules, hands free communication, as well as Rear Camera Display (RCD) and Full Display (FDM) interior mirrors, proprietary exterior turn signals, side blind zone indicators and various other exterior mirror features that improve safety and field of view.

 



   Company Address: 600 N. Centennial Zeeland 49464 MI
   Company Phone Number: 772-1800   Stock Exchange / Ticker: NASDAQ GNTX


Customers Net Income fell by GNTX's Customers Net Profit Margin fell to

-37.55 %

5.87 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CAPC        12.46% 
MSA        0.18% 
WNS   -3.45%    
• View Complete Report
   



Merger and Acquisition

Gentex Corporation Completes Acquisition of VOXX International, Strengthening Position in Connected Vehicle Ecosystem

Published Tue, Apr 1 2025 1:01 PM UTC

Breaking News: Gentex Corporation Announces Strategic Acquisition of VOXX InternationalWENDELL, NJ ? Gentex Corporation (NASDAQ: GNTX), a leading player in the automotive and truck parts industry, has announced the successful completion of its strategic acquisition of VOXX International, a move projected to enhance its portfolio in the connected car ecosystem. This acquisiti...

Product Service News

Gentex Tackles Connected Car-Home Integration Amid Mixed Q3 Financial Outcomes,

Published Fri, Jan 3 2025 6:48 PM UTC

Gentex Enhances Connected Car Ecosystem Amid Mixed Financial Performance Las Vegas, Nevada At the upcoming Consumer Electronics Show (CES), Gentex Corporation is set to unveil its latest innovation in the ongoing convergence of automotive technology and smart home solutions. The company announced that it will showcase the newest iteration of its HomeLink car-to-home auto...

Merger and Acquisition

Gentex Signs Definitive Agreement to Acquire VOXX International Amid Market Volatility,

Published Wed, Dec 18 2024 2:00 PM UTC

Gentex Signs Definitive Agreement to Acquire VOXX International as Market Dynamics ShiftOn August 15, 2024, Gentex Corporation (NASDAQ: GNTX) made...

Stocks on the Move

Navigating Challenges The Current Landscape of Gentex Corporation Amidst Market Volatility

Published Thu, Aug 15 2024 8:49 AM UTC

In recent weeks, shares of Gentex Corporation (NASDAQ: GNTX) have experienced a noticeable downturn, with year-to-date performance sitting at -10.44%, starkly contrasting the broader market s growth of 14.39%. This lackluster performance underscores growing concerns about the company?s future amidst a backdrop of economic factors and changing industry dynamics.The root cause...

Gentex Corporation

Gentex Corporation Faces a Turbulent Financial Storm: Second Quarter Results Raise Concerns


Gentex Corporation: A Mixed Bag of Financial Results and Innovations in Smart Home Technology
Gentex Corporation (GNTX), a notable player in the manufacturing of advanced electronic products, recently shared its financial results for the second quarter of 2024, which reflected a challenging landscape for the company. This article aims to dissect Gentex?s financial performance and highlight its innovative ventures into smart home technology, offering a balanced overview of the company's current position and future prospects.


Disappointing Financial Performance
For the financial second quarter of 2024, Gentex reported a significant dip in its earnings per share (EPS), which fell by 21.28% to $0.37 compared to $0.47 in the same period last year. The company's revenue also experienced a decline, decreasing by 1.804% year-on-year to $572.56 million. Furthermore, compared to the previous quarter, both EPS and revenue saw a downturn, with EPS fading from $0.47 and revenue dropping by 2.83% from $589.24 million.







Gentex's Segments
Automotive Products    97.77 % of total Revenue
Other    2.24 % of total Revenue
Automotive Products Automotive Segment    97.77 % of total Revenue
Automotive Products U S    28.33 % of total Revenue
Automotive Products Japan    17.06 % of total Revenue
Automotive Products Germany    11.27 % of total Revenue
Automotive Products Korea    6.62 % of total Revenue
Automotive Products Mexico    8.26 % of total Revenue
Automotive Products China    7.1 % of total Revenue
Automotive Products Other    19.13 % of total Revenue
Automotive Mirrors Electronics Automotive Segment    91.92 % of total Revenue
HomeLink Modules Automotive Segment    5.85 % of total Revenue
Other Products    2.24 % of total Revenue
Other Products Other Segment    2.24 % of total Revenue
Fire Protection Products Other Segment    1.16 % of total Revenue
Windows Products Other Segment    0.85 % of total Revenue
Medical Products Other Segment    0.07 % of total Revenue
Biometric Products Other Segment    0.16 % of total Revenue





Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2025 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com