THRM Stock - Gentherm Incorporated
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $1.46B | $1.47B | $1.20B | $1.05B | $913.10M |
| Gross Profit | $366.43M | $351.62M | $273.65M | $303.63M | $268.10M |
| Gross Margin | 25.2% | 23.9% | 22.7% | 29.0% | 29.4% |
| Operating Income | $107.02M | $77.44M | $48.31M | $115.01M | $89.22M |
| Net Income | $64.95M | $40.34M | $24.44M | $93.43M | $59.69M |
| Net Margin | 4.5% | 2.7% | 2.0% | 8.9% | 6.5% |
| EPS | $2.08 | $1.23 | $0.74 | $2.82 | $1.83 |
Gentherm Incorporated designs, develops, manufactures, and markets thermal management technologies. The company operates in two segments, Automotive and Medical. The Automotive segment offers climate comfort systems, which include seat heaters, blowers, and thermoelectric devices for variable temperature climate control seats and steering wheel heaters that are designed to provide thermal comfort to automobile passengers; integrated electronic components, such as electronic control units that utilize proprietary electronics technology and software; and other climate comfort systems, including neck conditioners and climate control system products for door panels, armrests, cupholders, and storage bins. It also provides battery performance solutions comprising cell connecting devices and battery cable technologies used for various types of automotive batteries, as well as thermal management products for heating and cooling 12 volts, 48 volts, and high voltage batteries and battery modules; and automotive electronic and software systems, including electronic control units for climate comfort systems, as well as for memory seat modules and other devices. This segment serves light vehicle original equipment manufacturers and first tier suppliers, such as automotive seat manufacturers, as well as aftermarket seat distributors and installers. The Medical segment offers patient temperature management systems. The company provides its products and services in the United States, Germany, Canada, China, Hungary, Japan, South Korea, Romania, Macedonia, Malta, Mexico, the United Kingdom, Ukraine, and Vietnam. The company was formerly known as Amerigon Incorporated and changed its name to Gentherm Incorporated in September 2012. Gentherm Incorporated was incorporated in 1991 and is headquartered in Northville, Michigan.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| October 21st 2024 | JP Morgan | Upgrade | Neutral | $56 |
| December 4th 2023 | Argus | Downgrade | Hold | - |
| July 11th 2023 | Robert W. Baird | Downgrade | Neutral | $65← $73 |
Earnings History & Surprises
THRMEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 22, 2026 | — | — | — | — |
Q1 2026 | Feb 18, 2026 | $0.64 | — | — | — |
Q4 2025 | Oct 23, 2025 | $0.66 | $0.73 | +11.5% | ✓ BEAT |
Q3 2025 | Jul 24, 2025 | $0.59 | $0.54 | -8.5% | ✗ MISS |
Q2 2025 | Apr 24, 2025 | $0.48 | $0.51 | +6.3% | ✓ BEAT |
Q1 2025 | Feb 19, 2025 | $0.67 | $0.29 | -56.7% | ✗ MISS |
Q4 2024 | Oct 30, 2024 | $0.66 | $0.75 | +13.6% | ✓ BEAT |
Q3 2024 | Jul 31, 2024 | $0.61 | $0.66 | +8.2% | ✓ BEAT |
Q2 2024 | Apr 30, 2024 | $0.43 | $0.62 | +44.2% | ✓ BEAT |
Q1 2024 | Feb 21, 2024 | $0.54 | $0.90 | +66.7% | ✓ BEAT |
Q4 2023 | Oct 26, 2023 | $0.68 | $0.64 | -5.9% | ✗ MISS |
Q3 2023 | Aug 1, 2023 | $0.54 | $0.58 | +7.4% | ✓ BEAT |
Q2 2023 | Apr 27, 2023 | $0.50 | $0.49 | -2.0% | ✗ MISS |
Q1 2023 | Feb 22, 2023 | $0.65 | $0.47 | -27.7% | ✗ MISS |
Q4 2022 | Nov 2, 2022 | $0.56 | $0.70 | +25.0% | ✓ BEAT |
Q3 2022 | Aug 2, 2022 | $0.42 | $0.25 | -40.5% | ✗ MISS |
Q2 2022 | May 4, 2022 | $0.47 | $0.41 | -12.8% | ✗ MISS |
Q1 2022 | Feb 17, 2022 | $0.36 | $0.61 | +69.4% | ✓ BEAT |
Q4 2021 | Oct 28, 2021 | $0.65 | $0.51 | -21.5% | ✗ MISS |
Q3 2021 | Jul 29, 2021 | $0.67 | $0.85 | +26.9% | ✓ BEAT |
Latest News
Gentherm Narrows FY2025 Sales Guidance from $1.430B-$1.500B to $1.470B-$1.490B vs $1.454B Est
📈 PositiveGentherm Q3 Adj. EPS $0.73 Beats $0.65 Estimate, Sales $386.870M Beat $374.749M Estimate
📈 PositiveJP Morgan Maintains Neutral on Gentherm, Raises Price Target to $43
➖ NeutralFrequently Asked Questions about THRM
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