Gentex Corp
NASDAQ:GNTX
Gentex Corp
Tax Provision
Gentex Corp
Tax Provision Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Tax Provision | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Gentex Corp
NASDAQ:GNTX
|
Tax Provision
-$96m
|
CAGR 3-Years
-10%
|
CAGR 5-Years
-2%
|
CAGR 10-Years
3%
|
||
Lear Corp
NYSE:LEA
|
Tax Provision
-$180.5m
|
CAGR 3-Years
0%
|
CAGR 5-Years
4%
|
CAGR 10-Years
2%
|
||
Modine Manufacturing Co
NYSE:MOD
|
Tax Provision
-$62.5m
|
CAGR 3-Years
9%
|
CAGR 5-Years
-31%
|
CAGR 10-Years
N/A
|
||
Dorman Products Inc
NASDAQ:DORM
|
Tax Provision
-$57.9m
|
CAGR 3-Years
-15%
|
CAGR 5-Years
-16%
|
CAGR 10-Years
-1%
|
||
Patrick Industries Inc
NASDAQ:PATK
|
Tax Provision
-$45.3m
|
CAGR 3-Years
11%
|
CAGR 5-Years
-12%
|
CAGR 10-Years
-10%
|
||
Borgwarner Inc
NYSE:BWA
|
Tax Provision
-$103m
|
CAGR 3-Years
34%
|
CAGR 5-Years
14%
|
CAGR 10-Years
9%
|
Gentex Corp
Glance View
In the bustling heart of Zeeland, Michigan, Gentex Corporation stands as a testament to the power of innovation melded with practical application in the modern automotive and technological landscape. Founded in 1974, Gentex began its journey with a focus on fire protection products before pivoting into the fascinating world of high-tech automotive components. Today, the company is predominantly recognized for its rearview mirrors with integrated electronic capabilities—revolutionary products that have redefined automotive safety and convenience. Leveraging their advanced electrochromic technology, Gentex's auto-dimming mirrors automatically adjust to reduce glare from trailing vehicles’ headlights, enhancing driver comfort and safety during night-time driving. Beyond mirrors, the company has expanded its product line to include cutting-edge digital vision systems and driver-assist features, encapsulating the transition towards more immersive and tech-savvy driving experiences. Gentex’s prowess, however, is not confined merely to its product innovation but is also evidenced in its adept manufacturing capabilities and strategic market positioning. The company operates as a vertically integrated manufacturer, controlling the entire production process from design to assembly, which ensures a keen oversight on quality and cost efficiency—a critical factor in maintaining its competitive edge in the auto components industry. In addition to automotive markets, Gentex has diversified its technological expertise into other domains such as dimmable windows for aerospace and commercial buildings, showcasing its flexibility and knack for tapping into varied market demands. This strategic diversification ensures that Gentex not only remains relevant but also prospers amid the broader discourse of technological advancement, making it a stalwart entity in both automotive and beyond. Through these innovations and strategic business tactics, Gentex continues to illuminate avenues for growth while cementing its reputation as a leader in its field.
See Also
What is Gentex Corp's Tax Provision?
Tax Provision
-96m
USD
Based on the financial report for Sep 30, 2024, Gentex Corp's Tax Provision amounts to -96m USD.
What is Gentex Corp's Tax Provision growth rate?
Tax Provision CAGR 10Y
3%
Over the last year, the Tax Provision growth was -43%. The average annual Tax Provision growth rates for Gentex Corp have been -10% over the past three years , -2% over the past five years , and 3% over the past ten years .