Cash flow Gentherm Incorporated

Equities

THRM

US37253A1034

Auto, Truck & Motorcycle Parts

Market Closed - Nasdaq Other stock markets 00:00:00 06/06/2026 +04			5-day change	1st Jan Change
36.25 ^USD	-4.43%		+4.50%	-0.33%

04-24	Gentherm Incorporated, Q1 2026 Earnings Call, Apr 23, 2026
04-23	Gentherm Incorporated Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

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Published financial data: GENTHERM INCORPORATED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	1.05B	1.2B	1.47B	1.46B	1.5B
Total Revenues	1.05B	1.2B	1.47B	1.46B	1.5B
Cost of Goods Sold, Total	743M	931M	1.12B	1.09B	1.14B
Gross Profit	304M	274M	352M	366M	362M
Selling General & Admin Expenses, Total	110M	133M	156M	155M	163M
R&D Expenses	75.21M	85.72M	94.36M	88.7M	94.76M
Other Operating Expenses, Total	185M	218M	250M	244M	258M
Operating Income	119M	55.24M	102M	123M	104M
Interest Expense, Total	-2.76M	-4.29M	-14.64M	-15.3M	-13.81M
Net Interest Expenses	-2.76M	-4.29M	-14.64M	-15.3M	-13.81M
Income (Loss) On Equity Invest.	-	-	-	-	-4.64M
Currency Exchange Gains (Loss)	1.49M	-6.78M	-5.92M	9.6M	-28.42M
Other Non Operating Income (Expenses)	117K	1.15M	-1.93M	951K	-1K
EBT, Excl. Unusual Items	118M	45.31M	79.2M	118M	57.11M
Restructuring Charges	-3.86M	-637K	-4.74M	-13.11M	-12.48M
Merger & Related Restructuring Charges	-	-	-	-	-6.6M
Impairment of Goodwill	-	-	-19.51M	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-	-	-	-	-2.2M
Asset Writedown	-	-6.29M	-	-2.5M	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	114M	38.38M	54.95M	102M	35.84M
Income Tax Expense	20.42M	13.94M	14.61M	37.32M	17.55M
Earnings From Continuing Operations	93.43M	24.44M	40.34M	64.95M	18.28M
Net Income to Company	93.43M	24.44M	40.34M	64.95M	18.28M
Net Income - (IS)	93.43M	24.44M	40.34M	64.95M	18.28M
Net Income to Common Incl Extra Items	93.43M	24.44M	40.34M	64.95M	18.28M
Net Income to Common Excl. Extra Items	93.43M	24.44M	40.34M	64.95M	18.28M
Per Share Items
Net EPS - Basic	2.82	0.74	1.23	2.08	0.6
Basic EPS - Continuing Operations	2.82	0.74	1.23	2.08	0.6
Basic Weighted Average Shares Outstanding	33.09M	33.13M	32.78M	31.29M	30.59M
Net EPS - Diluted	2.79	0.73	1.22	2.06	0.59
Diluted EPS - Continuing Operations	2.79	0.73	1.22	2.06	0.59
Diluted Weighted Average Shares Outstanding	33.51M	33.5M	33.07M	31.48M	30.93M
Normalized Basic EPS	2.22	0.85	1.51	2.35	1.17
Normalized Diluted EPS	2.2	0.85	1.5	2.34	1.15
Supplemental Items
EBITDA	157M	99.63M	153M	176M	157M
EBITA	128M	64.25M	110M	130M	111M
EBIT	119M	55.24M	102M	123M	104M
EBITDAR	167M	109M	165M	190M	175M
Effective Tax Rate - (Ratio)	17.93	36.32	26.59	36.49	48.97
Current Domestic Taxes	2.18M	3.66M	3.92M	-502K	1.29M
Current Foreign Taxes	18.39M	17.61M	23.76M	27.24M	38.6M
Total Current Taxes	20.57M	21.26M	27.68M	26.74M	39.89M
Deferred Domestic Taxes	-4.49M	-6.18M	-7.05M	-7.88M	-10.15M
Deferred Foreign Taxes	4.34M	-1.14M	-6.02M	18.46M	-12.18M
Total Deferred Taxes	-150K	-7.32M	-13.07M	10.58M	-22.34M
Normalized Net Income	73.57M	28.32M	49.5M	73.67M	35.69M
Interest on Long-Term Debt	-	-	28K	14K	5K
Non-Cash Pension Expense	172K	175K	240K	224K	248K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	91.81M	106M	126M	118M	125M
Net Rental Expense, Total	10M	9.81M	12.26M	14.43M	17.74M
Imputed Operating Lease Interest Expense	1.54M	2.06M	5.64M	6.91M	7.66M
Imputed Operating Lease Depreciation	8.47M	7.75M	6.62M	7.52M	10.08M
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	14.53M	6.6M	11.63M	10.43M	12.3M
Total Stock-Based Compensation	14.53M	6.6M	11.63M	10.43M	12.3M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	191M	154M	150M	134M	161M
Trading Asset Securities, Total	-	2.77M	2.06M	719K	-
Total Cash And Short Term Investments	191M	157M	152M	135M	161M
Accounts Receivable, Total	187M	268M	275M	279M	305M
Other Receivables	10.68M	15.04M	16.02M	20.61M	23.83M
Notes Receivable	13.03M	12.13M	18.23M	11.19M	13.49M
Total Receivables	210M	295M	309M	311M	342M
Inventory	159M	218M	206M	227M	253M
Prepaid Expenses	3.41M	6.24M	7.89M	6.3M	9.21M
Restricted Cash	-	-	-	-	-
Other Current Assets, Total	1.88M	7.66M	12.93M	4.74M	12.25M
Total Current Assets	566M	684M	688M	684M	777M
Gross Property Plant And Equipment	365M	474M	503M	566M	649M
Accumulated Depreciation	-185M	-199M	-231M	-269M	-322M
Net Property Plant And Equipment	180M	274M	273M	297M	327M
Long-term Investments	-	-	5.7M	3.9M	-
Goodwill	66.03M	120M	104M	99.6M	109M
Other Intangibles, Total	37.55M	73.93M	66.48M	57.25M	52.7M
Deferred Tax Assets Long-Term	69.63M	69.84M	81.93M	75.04M	93.55M
Deferred Charges Long-Term	-	2.24M	7.3M	14.28M	98K
Other Long-Term Assets, Total	16.62M	15.22M	8.72M	16.55M	37.08M
Total Assets	935M	1.24B	1.23B	1.25B	1.4B
Liabilities
Accounts Payable, Total	123M	182M	216M	227M	260M
Accrued Expenses, Total	56.16M	58.67M	66.09M	62.78M	72.32M
Current Portion of Long-Term Debt	2.5M	2.44M	233K	-	-
Current Portion of Leases	5.67M	7.14M	8.09M	7.65M	9.72M
Current Income Taxes Payable	17.07M	14.46M	19.33M	26.38M	31.17M
Other Current Liabilities	8.96M	20.68M	15.39M	16.66M	30.62M
Total Current Liabilities	213M	286M	325M	340M	404M
Long-Term Debt	36.25M	232M	222M	220M	189M
Long-Term Leases	19.79M	21.62M	16.39M	37.12M	48.1M
Pension & Other Post Retirement Benefits	6.83M	3.64M	3.21M	4.02M	3.75M
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	5.58M	24.57M	23.1M	29.18M	30.94M
Total Liabilities	282M	567M	590M	631M	676M
Common Stock, Total	119M	123M	50.5M	2.05M	5.61M
Additional Paid In Capital	5.87M	5.45M	-	4.29M	1.59M
Retained Earnings	566M	591M	624M	696M	714M
Comprehensive Income and Other	-36.92M	-46.49M	-30.16M	-85.19M	-964K
Total Common Equity	654M	672M	645M	617M	720M
Total Equity	654M	672M	645M	617M	720M
Total Liabilities And Equity	935M	1.24B	1.23B	1.25B	1.4B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	33.02M	33.21M	31.54M	30.79M	30.53M
ECS Total Common Shares Outstanding	33.01M	33.2M	31.54M	30.79M	30.53M
Book Value / Share	19.81	20.25	20.44	20.04	23.6
Tangible Book Value	550M	479M	474M	460M	559M
Tangible Book Value Per Share	16.67	14.41	15.03	14.94	18.3
Total Debt	64.21M	263M	247M	265M	247M
Net Debt	-126M	106M	94.98M	130M	85.99M
Debt Equivalent of Unfunded Proj. Benefit Obligation	7.48M	4.29M	3.86M	4.61M	4.38M
Debt Equivalent Oper. Leases	80.04M	78.5M	98.06M	115M	142M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	96.43M	136M	126M	138M	128M
Inventories - Work In Process, Total	9.5M	17.7M	15.7M	19.06M	35.43M
Inventories - Finished Goods, Total	53.56M	64.34M	64.18M	70.79M	88.96M
Buildings, Total	101M	124M	130M	118M	125M
Machinery, Total	181M	239M	264M	298M	359M
Full Time Employees	10.47K	14.57K	14.5K	14.25K	14.17K
Accumulated Allowance for Doubtful Accounts (Supple)	1.4M	1.22M	1.17M	1.6M	1.6M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	93.43M	24.44M	40.34M	64.95M	18.28M
Depreciation & Amortization - CF	29.74M	35.38M	42.54M	45.96M	46.24M
Amortization of Goodwill and Intangible Assets - (CF)	8.82M	9.02M	8.29M	7.02M	7.14M
Depreciation & Amortization, Total	38.56M	44.39M	50.83M	52.98M	53.38M
(Gain) Loss From Sale Of Asset	973K	771K	721K	-1.6M	3.02M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	218K	6.29M	19.62M	2.5M	-
Stock-Based Compensation (CF)	14.53M	6.6M	11.63M	10.43M	12.3M
Provision and Write-off of Bad Debts	-	-	-	-	-
Other Operating Activities, Total	-421K	9.32M	-3.28M	15.86M	19.21M
Change In Accounts Receivable	25.1M	-44.22M	-4.2M	-12.08M	-9.3M
Change In Inventories	-39.87M	-40.32M	6.91M	-34.2M	-21.63M
Change In Accounts Payable	8.17M	28.31M	31.03M	16.22M	27.56M
Change in Other Net Operating Assets	2.39M	-20.64M	-34.34M	-5.42M	13.96M
Cash from Operations	143M	14.95M	119M	110M	117M
Capital Expenditure	-38.47M	-39.7M	-37.6M	-73.31M	-55.67M
Sale of Property, Plant, and Equipment	22K	248K	391K	7.86M	3.77M
Cash Acquisitions	-2.83M	-205M	-	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-7.56M	-495K	-815K	-955K	-1.24M
Investment in Marketable and Equity Securities, Total	-	-	-	-	-
Other Investing Activities, Total	-	5.54M	13.9M	12.88M	745K
Cash from Investing	-48.83M	-240M	-24.12M	-53.53M	-52.4M
Long-Term Debt Issued, Total	-	207M	60M	68M	112M
Total Debt Issued	-	207M	60M	68M	112M
Long-Term Debt Repaid, Total	-153M	-13.27M	-72.28M	-70.62M	-143M
Total Debt Repaid	-153M	-13.27M	-72.28M	-70.62M	-143M
Issuance of Common Stock	8.28M	1.67M	263K	5.79M	-
Repurchase of Common Stock	-24.11M	-5.47M	-94.03M	-54.88M	-11.33M
Other Financing Activities, Total	-69K	-	-	-	-
Cash from Financing	-169M	190M	-106M	-51.7M	-42.48M
Foreign Exchange Rate Adjustments	-2.84M	-1.69M	6.69M	-19.95M	4.79M
Net Change in Cash	-77.74M	-36.72M	-4.22M	-15.54M	26.7M
Supplemental Items
Cash Interest Paid	2.38M	6.34M	13.24M	13.01M	12.61M
Cash Income Tax Paid (Refund)	14.86M	21.64M	23.27M	20.84M	37.21M
Levered Free Cash Flow	87.12M	-38.21M	110M	58.89M	60.11M
Unlevered Free Cash Flow	88.85M	-35.53M	120M	68.45M	68.75M
Change In Net Working Capital	-7.49M	80.85M	-31.97M	-2.67M	5M
Net Debt Issued / Repaid	-153M	194M	-12.28M	-2.62M	-31.15M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	7.59	3.17	5.14	6.18	4.92
Return on Total Capital	9.73	4.18	6.96	8.64	7.03
Return On Equity %	15.07	3.69	6.13	10.3	2.73
Return on Common Equity	15.07	3.69	6.13	10.3	2.73
Margin Analysis
Gross Profit Margin %	29.02	22.72	23.94	25.16	24.17
SG&A Margin	10.47	11.02	10.59	10.65	10.91
EBITDA Margin %	15.05	8.27	10.38	12.06	10.5
EBITA Margin %	12.21	5.33	7.49	8.9	7.41
EBIT Margin %	11.36	4.59	6.92	8.42	6.94
Income From Continuing Operations Margin %	8.93	2.03	2.75	4.46	1.22
Net Income Margin %	8.93	2.03	2.75	4.46	1.22
Net Avail. For Common Margin %	8.93	2.03	2.75	4.46	1.22
Normalized Net Income Margin	7.03	2.35	3.37	5.06	2.38
Levered Free Cash Flow Margin	8.33	-3.17	7.52	4.04	4.01
Unlevered Free Cash Flow Margin	8.49	-2.95	8.14	4.7	4.59
Asset Turnover
Asset Turnover	1.07	1.11	1.19	1.17	1.13
Fixed Assets Turnover	5.77	5.31	5.37	5.11	4.8
Receivables Turnover (Average Receivables)	5.19	5.3	5.41	5.26	5.14
Inventory Turnover (Average Inventory)	5.27	4.93	5.27	5.03	4.73
Short Term Liquidity
Current Ratio	2.66	2.39	2.12	2.01	1.92
Quick Ratio	1.82	1.54	1.36	1.28	1.21
Operating Cash Flow to Current Liabilities	0.67	0.05	0.37	0.32	0.29
Days Sales Outstanding (Average Receivables)	70.35	68.88	67.43	69.6	71.07
Days Outstanding Inventory (Average Inventory)	69.28	74.04	69.27	72.76	77.09
Average Days Payable Outstanding	55.9	56.23	65.74	72.9	76.55
Cash Conversion Cycle (Average Days)	83.74	86.69	70.96	69.46	71.61
Long Term Solvency
Total Debt/Equity	9.82	39.09	38.27	42.92	34.27
Total Debt / Total Capital	8.94	28.1	27.68	30.03	25.52
LT Debt/Equity	8.57	37.66	36.98	41.68	32.92
Long-Term Debt / Total Capital	7.8	27.08	26.74	29.16	24.52
Total Liabilities / Total Assets	30.1	45.75	47.77	50.55	48.42
EBIT / Interest Expense	43.1	12.86	6.95	8.01	7.53
EBITDA / Interest Expense	60.71	25.49	11.25	12.42	12.68
(EBITDA - Capex) / Interest Expense	46.76	16.24	8.69	7.63	8.65
Total Debt / EBITDA	0.38	2.4	1.5	1.39	1.41
Net Debt / EBITDA	-0.75	0.97	0.58	0.68	0.49
Total Debt / (EBITDA - Capex)	0.5	3.77	1.94	2.27	2.07
Net Debt / (EBITDA - Capex)	-0.98	1.52	0.75	1.11	0.72
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	14.57	15.15	21.95	-0.88	2.92
Gross Profit, 1 Yr. Growth %	13.25	-9.87	28.49	4.21	-1.16
EBITDA, 1 Yr. Growth %	16.23	-36.71	53.09	15.05	-10.39
EBITA, 1 Yr. Growth %	22.48	-49.68	71.16	17.88	-14.3
EBIT, 1 Yr. Growth %	25.09	-53.53	84.1	20.59	-15.21
Earnings From Cont. Operations, 1 Yr. Growth %	56.53	-73.84	65.06	60.99	-71.85
Net Income, 1 Yr. Growth %	56.53	-73.84	65.06	60.99	-71.85
Normalized Net Income, 1 Yr. Growth %	37.86	-61.51	74.8	48.83	-51.55
Diluted EPS Before Extra, 1 Yr. Growth %	54.14	-73.84	67.12	68.85	-71.36
Accounts Receivable, 1 Yr. Growth %	-13.74	43.44	2.61	1.49	9.2
Inventory, 1 Yr. Growth %	30.29	36.85	-5.66	10.42	11.15
Net Property, Plant and Equip., 1 Yr. Growth %	-1.95	52.75	-0.67	8.93	10.18
Total Assets, 1 Yr. Growth %	-8.55	32.5	-0.4	1.07	11.93
Tangible Book Value, 1 Yr. Growth %	16.6	-13.02	-0.92	-2.97	21.39
Common Equity, 1 Yr. Growth %	11.51	2.82	-4.1	-4.31	16.76
Cash From Operations, 1 Yr. Growth %	29.25	-89.55	697.92	-8.07	6.52
Capital Expenditures, 1 Yr. Growth %	123.4	3.21	-5.29	94.97	-24.06
Levered Free Cash Flow, 1 Yr. Growth %	0.23	-143.86	-388.95	-46.72	2.08
Unlevered Free Cash Flow, 1 Yr. Growth %	-1.03	-139.99	-436.53	-42.8	0.43
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	3.76	14.86	18.5	9.94	1
Gross Profit, 2 Yr. CAGR %	2.62	1.03	7.61	15.72	1.49
EBITDA, 2 Yr. CAGR %	5.51	-14.45	-1.64	32.76	1.53
EBITA, 2 Yr. CAGR %	9.11	-21.49	-7.19	42.05	0.51
EBIT, 2 Yr. CAGR %	10.6	-23.76	-7.51	49	1.12
Earnings From Cont. Operations, 2 Yr. CAGR %	38.28	-36.01	-34.29	63.01	-32.68
Net Income, 2 Yr. CAGR %	38.28	-36.01	-34.29	63.01	-32.68
Normalized Net Income, 2 Yr. CAGR %	11.39	-27.15	-17.97	61.29	-15.09
Diluted EPS Before Extra, 2 Yr. CAGR %	37.77	-36.49	-33.87	67.99	-30.46
Accounts Receivable, 2 Yr. CAGR %	6.42	11.24	21.32	2.05	5.27
Inventory, 2 Yr. CAGR %	16.02	33.53	13.62	2.07	10.79
Net Property, Plant and Equip., 2 Yr. CAGR %	2.14	22.38	23.18	4.02	9.55
Total Assets, 2 Yr. CAGR %	12.52	10.07	14.88	0.33	6.36
Tangible Book Value, 2 Yr. CAGR %	21.99	0.71	-7.17	-1.95	8.55
Common Equity, 2 Yr. CAGR %	16.21	7.08	-0.7	-4.2	5.7
Cash From Operations, 2 Yr. CAGR %	9.74	-63.25	-8.7	170.84	-1.04
Capital Expenditures, 2 Yr. CAGR %	27.32	51.85	-1.13	35.89	21.68
Levered Free Cash Flow, 2 Yr. CAGR %	-22.36	-33.96	12.44	24.14	-26.25
Unlevered Free Cash Flow, 2 Yr. CAGR %	-22.39	-37.33	15.86	38.8	-24.21
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-0.08	7.43	17.18	11.65	7.55
Gross Profit, 3 Yr. CAGR %	-0.13	-1.73	9.46	6.47	9.79
EBITDA, 3 Yr. CAGR %	4.44	-11.02	3.86	3.66	16.46
EBITA, 3 Yr. CAGR %	7.91	-15.7	1.8	0.51	20.03
EBIT, 3 Yr. CAGR %	10.73	-17.16	2.29	1.04	23.47
Earnings From Cont. Operations, 3 Yr. CAGR %	30.65	-20.62	-12.24	-11.42	-9.22
Net Income, 3 Yr. CAGR %	30.65	-20.62	-12.24	-11.42	-9.22
Normalized Net Income, 3 Yr. CAGR %	11.74	-21.83	-2.47	0.05	8.02
Diluted EPS Before Extra, 3 Yr. CAGR %	33.98	-20.81	-12.32	-9.62	-6.85
Accounts Receivable, 3 Yr. CAGR %	2.52	17.55	8.28	14.31	4.38
Inventory, 3 Yr. CAGR %	12.32	22.58	18.93	12.55	5.01
Net Property, Plant and Equip., 3 Yr. CAGR %	1.58	16.81	14.16	18.23	6.03
Total Assets, 3 Yr. CAGR %	5.21	18.82	6.47	10.08	4.06
Tangible Book Value, 3 Yr. CAGR %	14.35	8.98	0.16	-5.79	5.3
Common Equity, 3 Yr. CAGR %	10.87	11.57	3.22	-1.92	2.33
Cash From Operations, 3 Yr. CAGR %	6.5	-49.89	2.52	-8.49	98.44
Capital Expenditures, 3 Yr. CAGR %	-2.53	18.72	29.74	23.98	11.93
Levered Free Cash Flow, 3 Yr. CAGR %	40.4	-35.82	8.02	-12.31	16.3
Unlevered Free Cash Flow, 3 Yr. CAGR %	36.98	-37.78	9.75	-8.4	24.61
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	2.66	3.92	6.98	8.43	10.42
Gross Profit, 5 Yr. CAGR %	0.31	-3.03	2.9	4.91	6.2
EBITDA, 5 Yr. CAGR %	0.89	-6.85	1.99	4.42	2.94
EBITA, 5 Yr. CAGR %	0.34	-10.12	1.6	3.87	1.28
EBIT, 5 Yr. CAGR %	1.04	-10.67	3.04	4.76	1.82
Earnings From Cont. Operations, 5 Yr. CAGR %	4.05	-7.05	-0.75	5.85	-21.07
Net Income, 5 Yr. CAGR %	4.05	-7.05	-0.75	5.85	-21.07
Normalized Net Income, 5 Yr. CAGR %	0.07	-8.14	-1.26	4.44	-7.73
Diluted EPS Before Extra, 5 Yr. CAGR %	5.95	-5.32	1.01	6.98	-20.08
Accounts Receivable, 5 Yr. CAGR %	1.23	6.88	9.66	11.09	7.07
Inventory, 5 Yr. CAGR %	8.7	12.44	12.84	13.92	15.6
Net Property, Plant and Equip., 5 Yr. CAGR %	0.87	6.5	9.73	11.51	12.29
Total Assets, 5 Yr. CAGR %	2.1	7	8.98	11.05	6.42
Tangible Book Value, 5 Yr. CAGR %	9.4	3.6	5.2	4.47	3.44
Common Equity, 5 Yr. CAGR %	7.27	3.95	6.09	4.97	4.2
Cash From Operations, 5 Yr. CAGR %	5.71	-21.42	0.14	-1.59	1.08
Capital Expenditures, 5 Yr. CAGR %	-10.32	-4.8	-1.97	25.31	26.45
Levered Free Cash Flow, 5 Yr. CAGR %	6.28	31.15	28.53	-16.44	-7.26
Unlevered Free Cash Flow, 5 Yr. CAGR %	6.04	39.21	28.17	-14.23	-5.34