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GENTHERM Inc (THRM)

Income Statement Business | Geographic | Customer

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Total revenues  1,204.71,046.2913.1971.71,048.5994.0917.6856.4
            Revenue growth  15.2%14.6%-6.0%-7.3%5.5%8.3%7.1%5.6%
Cost of goods sold  931.0742.5645.0683.3743.6674.8622.6580.1
Gross profit  273.7303.6268.1288.3304.9319.2295.0276.4
            Gross margin  22.7%29.0%29.4%29.7%29.1%32.1%32.2%32.3%
Selling, general and administrative  225.3188.6178.9118.7137.4139.6115.395.5
Research and development     163.5178.6177.0152.5128.8
Equity in earnings          
Other operating expenses    -2.0-68.2-87.2-94.5-78.8-69.2
EBITDA   [+]92.7153.8132.3118.6126.7142.1143.9152.3
            EBITDA margin  7.7%14.7%14.5%12.2%12.1%14.3%15.7%17.8%
Depreciation and amortization  44.438.841.144.250.645.037.831.0
EBIT   [+]48.3115.091.274.476.197.1106.1121.3
            EBIT margin  4.0%11.0%10.0%7.7%7.3%9.8%11.6%14.2%
Non-recurring items   [+]  2.0-9.93.3   
Interest expense     4.84.94.93.32.6
Other income (expense), net   [+]-9.9-1.2-7.7-20.3-9.7-23.07.710.2
Pre-tax income  38.4113.981.659.258.169.3110.6128.9
Income taxes  13.920.421.910.316.234.034.033.5
            Tax rate  36.3%17.9%26.8%17.4%27.9%49.1%30.7%26.0%
Net income  0.00.00.048.941.935.276.695.4
            Net margin  0.0%0.0%0.0%5.0%4.0%3.5%8.3%11.1%
   
Basic EPS   [+]$0.00$0.00$0.00$1.48$1.17$0.96$2.10$2.65
Diluted EPS   [+]$0.00$0.00$0.00$1.47$1.16$0.96$2.09$2.62
   
Shares outstanding (basic)   [+]33.133.132.733.135.936.736.436.0
Shares outstanding (diluted)   [+]33.533.533.033.336.236.836.636.5
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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