Gentex Corporation (GNTX)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 33.33% | 33.81% | 33.74% | 33.79% | 33.17% | 32.36% | 31.53% | 31.18% | 31.78% | 32.51% | 33.90% | 34.79% | 35.80% | 37.61% | 38.61% | 36.80% | 35.88% | 34.38% | 33.81% | 36.62% |
| Operating profit margin | 19.87% | 21.29% | 21.45% | 21.89% | 21.56% | 20.74% | 19.87% | 18.98% | 19.28% | 19.72% | 20.86% | 22.11% | 23.67% | 26.30% | 27.92% | 24.93% | 23.68% | 21.73% | 21.02% | 25.60% |
| Pretax margin | 20.41% | 21.62% | 21.02% | 22.09% | 21.96% | 21.08% | 20.09% | 19.11% | 19.27% | 19.71% | 20.98% | 22.40% | 24.05% | 26.75% | 28.47% | 25.60% | 24.40% | 22.47% | 21.72% | 26.18% |
| 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% |
Gentex Corporation's profitability ratios have shown some fluctuations over the past few years.
- The Gross Profit Margin has been relatively stable, ranging from 31.18% to 38.61%. This indicates the company's ability to generate profit from its revenue after deducting the cost of goods sold.
- The Operating Profit Margin has fluctuated between 18.98% and 27.92%, showing variability in the company's ability to generate profit from its operations before interest and taxes.
- The Pretax Margin has also shown fluctuations, ranging from 19.11% to 28.47%. This ratio reflects the company's efficiency in generating profit before taxes.
- The Net Profit Margin has experienced fluctuations between 16.43% and 24.03%, indicating changes in the company's ability to generate profit after all expenses have been deducted.
Overall, while there have been fluctuations in Gentex Corporation's profitability ratios, the company has demonstrated the ability to maintain decent profit margins over the years. It would be important for the company to analyze the reasons behind these fluctuations and implement strategies to improve profitability in the future.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 16.65% | 18.38% | 18.24% | 18.86% | 18.98% | 17.87% | 16.95% | 15.61% | 15.90% | 15.74% | 15.99% | 17.40% | 19.23% | 22.88% | 24.69% | 19.10% | 18.18% | 15.87% | 16.06% | 21.87% |
| Return on assets (ROA) | 14.65% | 15.86% | 15.19% | 16.18% | 16.40% | 15.54% | 14.70% | 13.51% | 13.70% | 13.71% | 14.04% | 15.36% | 16.93% | 19.84% | 21.25% | 16.57% | 15.81% | 13.86% | 14.21% | 18.99% |
| Return on total capital | 18.63% | 20.79% | 20.81% | 21.54% | 21.44% | 20.15% | 19.19% | 17.89% | 17.91% | 17.89% | 18.38% | 19.67% | 21.14% | 25.65% | 27.91% | 21.84% | 20.34% | 18.36% | 18.51% | 25.73% |
| Return on equity (ROE) | 16.39% | 17.94% | 17.33% | 18.48% | 18.53% | 17.53% | 16.65% | 15.49% | 15.43% | 15.57% | 16.15% | 17.36% | 18.62% | 22.25% | 24.02% | 18.95% | 17.70% | 16.03% | 16.38% | 22.34% |
The profitability ratios of Gentex Corporation over the period analyzed exhibit fluctuations but generally demonstrate strong performance.
- Operating return on assets (Operating ROA) shows a range of 15.74% to 24.69%, indicating the company's ability to generate operating profits from its assets. The metric has been relatively stable, with a slight decrease in the most recent period.
- Return on assets (ROA) varies between 13.51% and 21.25%, reflecting the company's efficiency in generating profits from its total assets. The ratio has shown a slight declining trend towards the end of the analyzed period.
- Return on total capital ranges from 17.89% to 27.91%, representing the return generated on all capital invested in the business. This indicator portrays a consistent performance with fluctuations within a certain range.
- Return on equity (ROE) fluctuates between 15.43% and 24.02%, illustrating the profitability of shareholder equity. ROE has been relatively stable, indicating the company's ability to generate returns for its equity holders consistently.
Overall, Gentex Corporation's profitability ratios demonstrate a solid performance, with variations seen across different periods but maintaining a generally positive outlook. The company seems to efficiently utilize its assets and capital to generate profits and provide returns to its equity holders.