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MARKETS / NASDAQ / THRM
NASDAQ · MOTOR VEHICLE PARTS & ACCESSORIES · LARGE CAP

Gentherm Inc. THRM

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$1.5B
▲ 2.9% YoY
$18.3M
▼ 71.8% YoY
$61.1M
▲ 68.2% YoY
In brief

What this company does

Gentherm Incorporated provides thermal management and pneumatic comfort technologies. Its global workforce operates in more than 30 locations across 13 countries. For 2025, its revenues from sales to its two largest customers, Lear Corporation and Adient plc, were $234 million and $164 million, respectively, representing 16% and 11% of its product revenues, respectively. The Company is organized under two reportable segments: Automotive and Medical. The Automotive segment is comprised of its global automotive businesses, including the design, development, manufacturing and sales of its Automotive Climate and Comfort Solutions, covering Climate Control Seats, Climate Control Interiors, Lumbar and Massage Comfort Solutions and Climate and Comfort Electronics, along with Valve Systems and other automotive products. The Medical segment is comprised of its patient temperature management business, offering temperature management systems across multiple product categories that address hyper-hypothermia therapy in intensive care, normothermia in surgical procedures, and additional warming and cooling therapies used in acute and chronic care departments and non-hospital facilities. It is incorporated under the laws of the State of Michigan.

Written from the business description in GENTHERM INCORPORATED's annual report to the U.S. Securities and Exchange Commission, filed 19 February 2026. Every sentence was checked against that document before publication.

Growth
USD 1.5B
Revenue, FY2025 · full 17-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.5 · Net income 0.0
0.5B1.0B200920112013201520172019202120232025
Compound annual growth
+7.5%
+10.4%
+5.8%
+18.8%
−9.2%
−21.1%
−15.2%
−6.9%
−20.1%
−13.9%
+2.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +10.4% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
1 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 5.5% · Net 1.2%
5%10%200920112013201520172019202120232025
ROE
FY2015 · ROE 28.1%
10%20%200920112013201520172019202120232025

Cash & shareholders
USD 10.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 61.1
40M80M-10M-20M200920112013201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 10.0
50M100M201420172018201920202021202320242025

USD 10.0M in buybacks went back to shareholders.

Total assetsUSD 1.4B
EquityUSD 720.3M
CashUSD 160.8M
Gross debtUSD 189.1M
Net debtUSD 28.2M
Current ratio1.92×

Net debt stands at 4% of equity.

The 17-year record
17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B1.51.51.51.21.00.91.01.01.00.90.90.80.70.60.40.10.1
Operating income $B0.10.10.10.00.10.10.10.10.10.10.10.10.10.00.00.00.0
EBITDA $B0.10.20.10.10.10.10.10.10.10.10.10.10.10.10.00.0·
Income tax $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Net income $B0.00.10.00.00.10.10.00.00.00.10.10.10.00.00.00.00.0
Free cash flow $B0.10.00.1−0.00.10.10.10.1−0.00.00.00.00.00.00.00.00.0
EPS, diluted $0.592.061.220.732.791.811.471.160.962.092.621.950.940.390.060.420.03
Dividend / sh $·················
Payout %·················
ROE %··········28.126.617.216.116.416.4·
Shares out B0.030.030.030.030.030.030.030.030.040.040.040.040.030.030.020.02·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 83 reconciliationsAUDITED

Reconciled in 17 of 19 fiscal years. 12 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityMotor Vehicle Parts & Accessories
Listed onNASDAQ
Incorporated inMichigan
Fiscal year endsDecember 31
Data on record since2009

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