Gentex Corporation (GNTX)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	404,488	433,764	415,940	439,055	428,402	397,626	365,557	328,806	318,757	316,768	320,773	334,875	360,797	419,957	460,389	371,509	347,564	303,772	298,577	409,910
Revenue (ttm)	US$ in thousands	2,313,315	2,360,809	2,328,131	2,338,678	2,299,214	2,203,730	2,121,519	2,001,469	1,918,959	1,845,152	1,751,114	1,715,696	1,731,170	1,841,193	1,916,033	1,717,654	1,687,591	1,601,563	1,604,885	1,843,970
Net profit margin		17.49%	18.37%	17.87%	18.77%	18.63%	18.04%	17.23%	16.43%	16.61%	17.17%	18.32%	19.52%	20.84%	22.81%	24.03%	21.63%	20.60%	18.97%	18.60%	22.23%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $404,488K ÷ $2,313,315K
= 17.49%

The net profit margin of Gentex Corporation has shown some fluctuations over the past few years based on the data provided. It started at a relatively high level of 22.23% in March 2020, indicating that the company was able to generate a net profit of approximately 22.23 cents for every dollar of revenue.

Subsequently, the net profit margin experienced some variations, reaching a peak of 24.03% in June 2021 before declining to 16.43% in March 2023. This downward trend continued until December 2024 when the net profit margin stood at 17.49%.

Overall, the net profit margin of Gentex Corporation has displayed a somewhat volatile pattern, reflecting fluctuations in the company's profitability over the years. It is important for investors and analysts to closely monitor these trends to assess the company's financial performance and sustainability.