Gentex EBIT 2024

Gentex EBIT

586.94 M USD

Gentex Dividend yield

1.4 %

Ticker

GNTX

ISIN

US3719011096

WKN

868891

In 2024, Gentex's EBIT was 586.94 M USD, a 18.4% increase from the 495.73 M USD EBIT recorded in the previous year.

The Gentex EBIT history

YEAREBIT (undefined USD)
2028e771.9
2027e694.43
2026e714.05
2025e659.12
2024e586.94
2023495.73
2022370
2021409.8
2020408.4
2019488.5
2018508.1
2017523.4
2016511.7
2015458.8
2014398.8
2013304.7
2012239.5
2011231.4
2010191
200994.6
2008108.8
2007141.7
2006126.4
2005136.3
2004150.1

Gentex Aktienanalyse

What does Gentex do?

Gentex Corporation is an American company specializing in the development and manufacturing of high-tech products for the automotive and aviation sectors. The company, based in Zeeland, Michigan, was founded in 1974 and has since produced numerous innovations in the areas of safety, comfort, and connectivity. Gentex is globally recognized for its innovative and high-quality products. The company specializes in the development of electronics and optics products for the automotive industry that enhance driving comfort, safety, and connectivity. Gentex's most well-known product is the automatic dimming rearview mirror, which automatically detects and dims the glare from other vehicles. Over the years, Gentex has expanded its product range to include automatic dimming exterior mirrors, camera-based lane change assist systems, blind-spot warning systems, rain sensors, and in-car vision systems for autonomous vehicles. Gentex also focuses on the aviation industry and offers a wide range of products, including specialty helmet visors, autodimming windows, uniforms, earplugs, and oxygen masks for aircraft. In addition to the dimming rearview mirror, Gentex has also developed the HomeLink system, which allows for the control of various functions in a home, such as garage doors and lighting, through a wireless remote control. Gentex's business model is based on the manufacturing and sale of high-tech electronic products known for their quality, reliability, and innovation. The company takes pride in being a sustainable company and is committed to the environment by offering recycling programs for its products. Since its founding, Gentex has experienced steady growth. In recent years, the company has also made numerous acquisitions to expand its product range and tap into new markets. One of the most important acquisitions was the purchase of Flightcom, a specialist in earplugs for the aviation and aerospace industries, in 2005. This acquisition allowed Gentex to enhance its product offerings for the aviation industry. Gentex has also heavily invested in research and development in recent years, leading to groundbreaking product innovations to solidify its position as a leading provider of high-tech products in the automotive and aviation industries. Gentex offers a wide and diverse range of products, from dimming rearview mirrors to autodimming windows, uniforms, and oxygen masks for aircraft. The company is known for its innovative technology and relentless efforts to improve driving comfort and safety. Gentex has made significant investments in research and development and remains committed to its principles of quality, reliability, and sustainability. Gentex ist eines der beliebtesten Unternehmen auf Eulerpool.com.

EBIT Details

Analyzing Gentex's EBIT

Gentex's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of Gentex's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

Gentex's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in Gentex’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about Gentex Stock

How much did Gentex achieve in EBIT for the current year?

In the current year, Gentex has achieved an EBIT of 586.94 M USD.

What is EBIT?

EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company Gentex.

How has the EBIT of Gentex developed in recent years?

The EBIT of Gentex has increased by 18.399% increased compared to the previous year.

What does EBIT mean for investors?

EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.

Why is EBIT an important indicator for investors?

Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.

Why do EBIT values fluctuate?

EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.

What role does tax burden play in EBIT?

Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.

How is EBIT presented in the balance sheet of the company Gentex?

The EBIT of Gentex is listed in the income statement.

Can EBIT be used as a single indicator for evaluating a company?

EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.

Why is EBIT not equal to net profit?

The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.

How much dividend does Gentex pay?

Over the past 12 months, Gentex paid a dividend of 0.48 USD . This corresponds to a dividend yield of about 1.4 %. For the coming 12 months, Gentex is expected to pay a dividend of 0.53 USD.

What is the dividend yield of Gentex?

The current dividend yield of Gentex is 1.4 %.

When does Gentex pay dividends?

Gentex pays a quarterly dividend. This is distributed in the months of August, November, February, May.

How secure is the dividend of Gentex?

Gentex paid dividends every year for the past 25 years.

What is the dividend of Gentex?

For the upcoming 12 months, dividends amounting to 0.53 USD are expected. This corresponds to a dividend yield of 1.54 %.

In which sector is Gentex located?

Gentex is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Gentex kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Gentex from 4/17/2024 amounting to 0.12 USD, you needed to have the stock in your portfolio before the ex-date on 4/4/2024.

When did Gentex pay the last dividend?

The last dividend was paid out on 4/17/2024.

What was the dividend of Gentex in the year 2023?

In the year 2023, Gentex distributed 0.48 USD as dividends.

In which currency does Gentex pay out the dividend?

The dividends of Gentex are distributed in USD.

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Andere Kennzahlen von Gentex

Our stock analysis for Gentex Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Gentex Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.