Gentex Corporation (GNTX)

Gentex Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	2,299	1,919	1,731	1,688	1,859
Revenue Growth (YoY)	19.82%	10.85%	2.55%	-9.18%	1.35%
Cost of Revenue	1,537	1,309	1,111	1,083	1,171
Gross Profit	762.63	609.81	619.71	605.44	688.31
Selling, General & Admin	112.54	106.5	92.16	89.95	85.08
Research & Development	154.36	133.31	117.76	115.94	114.69
Operating Expenses	266.9	239.81	209.93	205.89	199.77
Operating Income	495.73	370.01	409.78	399.56	488.54
Other Expense / Income	-9.25	0.28	-6.57	-12.26	-11.88
Pretax Income	504.98	369.72	416.35	411.81	500.42
Income Tax	76.58	50.97	55.55	64.25	75.73
Net Income	428.4	318.76	360.8	347.56	424.68
Net Income Growth	34.40%	-11.65%	3.81%	-18.16%	-3.01%
Shares Outstanding (Basic)	233	235	237	245	253
Shares Change	-0.57%	-0.82%	-3.48%	-3.13%	-3.49%
EPS (Basic)	1.84	1.36	1.51	1.41	1.67
EPS (Diluted)	1.84	1.36	1.50	1.41	1.66
EPS Growth	35.29%	-9.33%	6.38%	-15.06%	2.47%
Free Cash Flow	353.86	192.08	295.91	413.17	423.39
Free Cash Flow Per Share	1.52	0.82	1.25	1.69	1.67
Dividend Per Share	0.480	0.480	0.480	0.475	0.455
Dividend Growth	0%	0%	1.05%	4.40%	5.81%
Gross Margin	33.17%	31.78%	35.80%	35.86%	37.03%
Operating Margin	21.56%	19.28%	23.67%	23.67%	26.28%
Profit Margin	18.63%	16.61%	20.84%	20.59%	22.85%
Free Cash Flow Margin	15.39%	10.01%	17.09%	24.47%	22.78%
Effective Tax Rate	15.16%	13.78%	13.34%	15.60%	15.13%
EBITDA	598.3	466.29	515.46	516.55	605.12
EBITDA Margin	26.02%	24.30%	29.78%	30.60%	32.55%
Depreciation & Amortization	93.32	96.57	99.11	104.74	104.7
EBIT	504.98	369.72	416.35	411.81	500.42
EBIT Margin	21.96%	19.27%	24.05%	24.39%	26.92%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).