# Gentherm Inc. (THRM)

**Exchange:** NASDAQ  
**Sector:** Consumer Cyclical  
**Market cap:** $1.08B  
**Price:** $35.06 (-3.60%)

> Gentherm Inc. is a global technology and manufacturing company that specializes in the design and production of thermal management technologies. Its primary purpose is to develop climate comfort solutions for vehicles, which include heated and cooled seats, heated steering wheels, and battery thermal management systems. Beyond automotive applications, Gentherm offers products for the medical and aerospace sectors, reflecting its commitment to innovative thermal solutions. The company is a leader in the automotive industry, promoting enhanced passenger comfort and energy efficiency. Gentherm's market significance is underscored by its partnerships with major automotive manufacturers and its expansion into new technological areas like electric vehicle battery management, positioning it as a key player in the integration of thermal solutions across multiple industries.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.50B | $362M | $83M | — | $0.59 |
| 2024 | $1.46B | $366M | $107M | — | $2.06 |
| 2023 | $1.47B | $352M | $77M | — | $1.22 |
| 2022 | $1.20B | $274M | $48M | — | $0.73 |
| 2021 | $1.05B | $304M | $115M | — | $2.79 |
| 2020 | $913M | $268M | $89M | — | $1.81 |
| 2019 | $972M | $288M | $84M | — | $1.47 |
| 2018 | $1.05B | $305M | $73M | — | $1.16 |
| 2017 | $994M | $319M | $97M | — | $0.96 |
| 2016 | $918M | $295M | $106M | — | $2.09 |
| 2012 | $555M | $142M | $37M | $18M | $0.39 |
| 2011 | $370M | $95M | $18M | $10M | $0.06 |
| 2010 | $112M | $33M | $11M | $9M | $0.42 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.40B | $676M | $720M | $161M | $189M |
| 2024 | $1.25B | $631M | $617M | $134M | $220M |
| 2023 | $1.23B | $590M | $645M | $150M | $223M |
| 2022 | $1.24B | $567M | $672M | $154M | $235M |
| 2021 | $935M | $282M | $654M | $191M | $39M |
| 2020 | $1.02B | $437M | $586M | $268M | $192M |
| 2019 | $739M | $255M | $484M | $50M | $81M |
| 2018 | $803M | $323M | $480M | $40M | $140M |
| 2017 | $883M | $330M | $554M | $103M | $145M |
| 2016 | $843M | $383M | $460M | $177M | $172M |
| 2012 | $439M | $202M | $162M | $58M | $57M |
| 2011 | $375M | $220M | $61M | $24M | $62M |
| 2010 | $79M | $22M | $58M | $27M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $117M | $56M | $61M |
| 2024 | $110M | $73M | $36M |
| 2023 | $119M | $38M | $82M |
| 2022 | $15M | $40M | -$25M |
| 2021 | $143M | $38M | $105M |
| 2020 | $111M | $17M | $93M |
| 2019 | $119M | $24M | $95M |
| 2018 | $118M | $42M | $77M |
| 2017 | $50M | $51M | -$905,000 |
| 2016 | $108M | $66M | $42M |
| 2013 | $60M | $36M | $24M |
| 2012 | $37M | $27M | $10M |
| 2011 | $34M | $11M | $24M |
| 2010 | $11M | $957,000 | $10M |
| 2009 | $4M | $744,000 | $4M |

Source: [CompaniesByCap](https://companiesbycap.com/company/THRM)