GENTEX CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $546.5m $569.7m $217.0m $296.3m $423.4m $262.3m $214.8m $226.4m $233.3m $145.6m
Prepaid Expense and Other Assets, Current $30.6m $14.4m $25.7m $29.3m $17.6m $39.2m $26.0m $32.7m $49.9m $92.6m
Short-term Investments $177.0m $152.5m $169.4m $140.4m $27.2m $5.4m $23.0m $14.4m $22.3m $5.4m
Inventory, Net $189.3m $216.8m $225.3m $248.9m $226.3m $316.3m $404.4m $402.5m $436.5m $516.3m
Assets, Current $1.2b $1.2b $850.9m $950.4m $979.3m $873.0m $948.7m $997.7m $1.0b $1.1b
Property, Plant and Equipment, Net $465.8m $492.5m $498.5m $498.3m $468.1m $464.1m $550.0m $652.9m $728.5m $790.9m
Goodwill $307.4m $307.4m $307.4m $307.4m $311.9m $314.0m $313.8m $340.1m $340.7m $357.2m
Intangible Assets, Net (Excluding Goodwill) $308.3m $289.0m $269.7m $250.4m $249.7m $239.2m $219.4m $214.0m $195.2m $189.3m
Other Assets, Noncurrent $688.8m $675.0m $736.0m $720.1m $750.5m $794.3m $828.5m $960.8m $995.0m $1.0b
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $211.6m $231.1m $213.5m $235.4m $284.9m $249.8m $276.5m $321.8m $295.3m $368.5m
AOCI, Debt Securities, Available-for-sale, Adjustment, after Tax $2.8m $6.6m $75k $1.1m $6.1m $1.0m ($10.1m) ($2.0m) ($592k) $1.3m
Assets $2.3b $2.4b $2.1b $2.2b $2.2b $2.1b $2.3b $2.6b $2.8b $2.9b
LIABILITIES AND EQUITY
Current liabilities:
Accounts Payable, Current $80.0m $89.9m $92.8m $97.6m $84.8m $98.3m $151.7m $184.4m $168.3m $249.0m
Long-term Debt, Current Maturities $7.5m $78.0m $0
Dividends Payable, Current $25.9m $28.0m $28.5m $28.9m $29.2m $28.4m $28.1m $27.8m $27.3m $25.9m
Liabilities, Current $149.9m $243.6m $169.2m $171.8m $177.7m $181.7m $250.6m $271.6m $252.7m $387.5m
Deferred Income Tax Liabilities, Net $71.2m $75.7m $54.5m $51.5m $39.0m $0 $909k
Other Liabilities, Noncurrent $7.4m $17.3m $11.7m $10.9m $27.3m $36.0m $49.2m
Long Term Debt $178.1m $0
Deferred Tax Liabilities, Net $71.2m $58.9m
Liabilities $399.2m $302.5m $223.7m $230.7m $234.0m $193.4m $261.4m $298.9m $288.7m $437.7m
Redeemable Noncontrolling Interest, Equity, Carrying Amount $0 $3.1m
Stockholders’ equity:
Preferred Stock, Value, Issued $0 $0 $0 $15.1m $14.6m $14.2m $14.1m $13.9m $13.6m $12.9m
Common Stock, Value, Issued $17.3m $16.8m $15.6m $15.1m $14.6m $14.2m $14.1m $13.9m $13.6m $12.9m
Retained Earnings (Accumulated Deficit) $1.2b $1.3b $1.1b $1.1b $1.1b $1.0b $1.1b $1.3b $1.5b $1.5b
Accumulated Other Comprehensive Income (Loss), Net of Tax ($1.3m) $7.2m ($1.6m)
Additional Paid in Capital, Common Stock $683.4m $723.5m $745.3m $807.9m $852.8m $879.4m $917.5m $968.2m $1.0b $1.0b
Stockholders' Equity Attributable to Parent $1.9b $2.0b $1.9b $1.9b $2.0b $1.9b $2.1b $2.3b $2.5b $2.5b
Stockholders' Equity Attributable to Noncontrolling Interest $4.1m $0
Liabilities and Equity $2.3b $2.4b $2.1b $2.2b $2.2b $2.1b $2.3b $2.6b $2.8b $2.9b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.