Gentex
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Gentex's past years’ income statements indicate that its last revenue has increased compared to the previous period by 20% to $2,299,215,044. The net income raised on $428,403,272 and profit margin reached 19%. Total operating expenses were $266,898,955.
Profit Margin
| 2014 | 1.37B | 288.60M | 20.98% |
|---|---|---|---|
| 2015 | 1.54B | 318.46M | 20.63% |
| 2016 | 1.67B | 347.59M | 20.7% |
| 2017 | 1.79B | 406.79M | 22.66% |
| 2018 | 1.83B | 437.88M | 23.88% |
| 2019 | 1.85B | 424.68M | 22.85% |
| 2020 | 1.68B | 347.56M | 20.59% |
| 2021 | 1.73B | 360.79M | 20.84% |
| 2022 | 1.91B | 318.75M | 16.61% |
| 2023 | 2.29B | 428.40M | 18.63% |
GNTX Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 2.29B | 1.91B | 1.73B | 1.68B | 1.85B | 1.83B | 1.79B | 1.67B | 1.54B | 1.37B |
Cost of revenue | 1.53B | 1.30B | 1.11B | 1.08B | 1.17B | 1.14B | 1.10B | 1.01B | 939.84M | 836.61M |
Gross profit | 762.63M | 609.81M | 619.70M | 605.44M | 688.30M | 690.46M | 694.52M | 668.45M | 603.77M | 538.88M |
Operating exp. | ||||||||||
Research and development | 154.35M | 133.30M | 117.76M | 115.93M | 114.68M | 107.13M | 99.72M | 94.23M | 88.39M | 84.17M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.4M | 1.1M |
Total operating expenses | 266.89M | 239.80M | 209.92M | 205.88M | 199.77M | 182.34M | 171.16M | 156.70M | 145.00M | 140.05M |
Operating income | 495.73M | 273.43M | 310.66M | 294.81M | 383.83M | 508.12M | 523.35M | 511.74M | 458.76M | 398.83M |
Other income (expenses), net | 9.25M | 96.28M | 105.68M | 116.99M | 116.58M | 13.92M | 8.43M | -1.18M | 4.82M | 16.49M |
Income before tax | 504.98M | 369.72M | 416.35M | 411.81M | 500.41M | 522.04M | 531.79M | 510.56M | 463.59M | 415.32M |
Income tax expense | 76.57M | 50.96M | 55.55M | 64.24M | 75.73M | 84.16M | 125.00M | 162.96M | 145.12M | 126.72M |
Net income | 428.40M | 318.75M | 360.79M | 347.56M | 424.68M | 437.88M | 406.79M | 347.59M | 318.46M | 288.60M |
Earnings per share | ||||||||||
Basic EPS | 1.81 | 1.36 | 1.51 | 1.41 | 1.67 | 1.64 | 1.42 | 1.21 | 1.09 | 0.99 |
Diluted EPS | 1.84 | 1.36 | 1.5 | 1.41 | 1.66 | 1.62 | 1.41 | 1.19 | 1.08 | 0.98 |
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