Gentex Corporation
GNTXFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
2,313
Cost of Revenue
1,542
Gross Profit
771
Gross Margin
33.3%
Operating Income
460
Operating Margin
19.9%
Net Income
404
Net Margin
17.5%
EPS (Basic)
$1.77
EPS (Diluted)
$1.76
EBITDA
563
EBITDA Margin
24.4%
2023
12/31/2023
Revenue
2,299
Cost of Revenue
1,537
Gross Profit
763
Gross Margin
33.2%
Operating Income
496
Operating Margin
21.6%
Net Income
428
Net Margin
18.6%
EPS (Basic)
$1.84
EPS (Diluted)
$1.84
EBITDA
589
EBITDA Margin
25.6%
2022
12/31/2022
Revenue
1,919
Cost of Revenue
1,309
Gross Profit
610
Gross Margin
31.8%
Operating Income
370
Operating Margin
19.3%
Net Income
319
Net Margin
16.6%
EPS (Basic)
$1.36
EPS (Diluted)
$1.36
EBITDA
467
EBITDA Margin
24.3%
2021
12/31/2021
Revenue
1,731
Cost of Revenue
1,111
Gross Profit
620
Gross Margin
35.8%
Operating Income
410
Operating Margin
23.7%
Net Income
361
Net Margin
20.8%
EPS (Basic)
$1.51
EPS (Diluted)
$1.50
EBITDA
509
EBITDA Margin
29.4%
2020
12/31/2020
Revenue
1,688
Cost of Revenue
1,083
Gross Profit
605
Gross Margin
35.9%
Operating Income
400
Operating Margin
23.7%
Net Income
348
Net Margin
20.6%
EPS (Basic)
$1.41
EPS (Diluted)
$1.41
EBITDA
504
EBITDA Margin
29.9%