Gentex Management
Management criteria checks 3/4
Gentex's CEO is Steve Downing, appointed in Aug 2017, has a tenure of 7.33 years. total yearly compensation is $7.11M, comprised of 11.8% salary and 88.2% bonuses, including company stock and options. directly owns 0.072% of the company’s shares, worth $4.81M. The average tenure of the management team and the board of directors is 8.7 years and 4.6 years respectively.
Key information
Steve Downing
Chief executive officer
US$7.1m
Total compensation
| CEO salary percentage | 11.8% |
| CEO tenure | 7.3yrs |
| CEO ownership | 0.07% |
| Management average tenure | 8.7yrs |
| Board average tenure | 4.6yrs |
Recent management updates
Recent updates
Gentex (NASDAQ:GNTX) Might Become A Compounding Machine
Dec 18
Gentex (NASDAQ:GNTX) Has Announced A Dividend Of $0.12
Nov 29Gentex: Stable Amidst Industry Headwinds
Oct 30Is It Too Late To Consider Buying Gentex Corporation (NASDAQ:GNTX)?
Oct 21Gentex (NASDAQ:GNTX) Is Paying Out A Dividend Of $0.12
Oct 02Is Gentex Corporation (NASDAQ:GNTX) Trading At A 47% Discount?
Sep 21Gentex (NASDAQ:GNTX) Will Pay A Dividend Of $0.12
Sep 03Gentex Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Jul 31Should You Investigate Gentex Corporation (NASDAQ:GNTX) At US$34.74?
Jul 18Gentex Is A Steady Option In An Unsteady Auto Components Sector
Jul 15Gentex (NASDAQ:GNTX) Is Paying Out A Dividend Of $0.12
Jul 03We Ran A Stock Scan For Earnings Growth And Gentex (NASDAQ:GNTX) Passed With Ease
May 31Cautious Investors Not Rewarding Gentex Corporation's (NASDAQ:GNTX) Performance Completely
May 13Here's What's Concerning About Gentex's (NASDAQ:GNTX) Returns On Capital
Apr 23Gentex Corporation: Stuck In Neutral
Apr 07Gentex (NASDAQ:GNTX) Is Paying Out A Dividend Of $0.12
Mar 31Gentex Corporation (NASDAQ:GNTX) Not Flying Under The Radar
Feb 08Gentex Corporation's (NASDAQ:GNTX) Intrinsic Value Is Potentially 99% Above Its Share Price
Jan 03CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$428m |
| Jun 30 2024 | n/a | n/a | US$410m |
| Mar 31 2024 | n/a | n/a | US$433m |
| Dec 31 2023 | US$7m | US$843k | US$422m |
| Sep 30 2023 | n/a | n/a | US$392m |
| Jun 30 2023 | n/a | n/a | US$360m |
| Mar 31 2023 | n/a | n/a | US$324m |
| Dec 31 2022 | US$5m | US$793k | US$314m |
| Sep 30 2022 | n/a | n/a | US$312m |
| Jun 30 2022 | n/a | n/a | US$316m |
| Mar 31 2022 | n/a | n/a | US$330m |
| Dec 31 2021 | US$4m | US$750k | US$355m |
| Sep 30 2021 | n/a | n/a | US$414m |
| Jun 30 2021 | n/a | n/a | US$454m |
| Mar 31 2021 | n/a | n/a | US$366m |
| Dec 31 2020 | US$4m | US$764k | US$343m |
| Sep 30 2020 | n/a | n/a | US$300m |
| Jun 30 2020 | n/a | n/a | US$295m |
| Mar 31 2020 | n/a | n/a | US$405m |
| Dec 31 2019 | US$3m | US$734k | US$420m |
| Sep 30 2019 | n/a | n/a | US$428m |
| Jun 30 2019 | n/a | n/a | US$429m |
| Mar 31 2019 | n/a | n/a | US$431m |
| Dec 31 2018 | US$3m | US$618k | US$438m |
| Sep 30 2018 | n/a | n/a | US$462m |
| Jun 30 2018 | n/a | n/a | US$441m |
| Mar 31 2018 | n/a | n/a | US$420m |
| Dec 31 2017 | US$1m | US$421k | US$407m |
Compensation vs Market: Steve's total compensation ($USD7.11M) is about average for companies of similar size in the US market ($USD7.88M).
Compensation vs Earnings: Steve's compensation has increased by more than 20% in the past year.
CEO
Steve Downing (46 yo)
7.3yrs
Tenure
US$7,111,531
Compensation
Mr. Steven R. Downing, also known as Steve, has been the Chief Executive Officer at Gentex Corporation since January 01, 2018 and has been its President since August 2017. He served as Independent Director...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.3yrs | US$7.11m | 0.072% $ 4.8m | |
| VP of Finance | 11.5yrs | US$3.20m | 0.019% $ 1.2m | |
| CTO & VP of Engineering | 6.8yrs | US$2.99m | 0.017% $ 1.2m | |
| VP, General Counsel | 9.5yrs | US$2.41m | 0.013% $ 848.6k | |
| Senior VP of Sales & Chief Sales Officer | 7.9yrs | US$2.65m | 0.014% $ 927.2k | |
| Vice President of Operations | 12.9yrs | US$322.84k | no data | |
| Director of Investor Relations | no data | no data | no data | |
| Vice President of Marketing & Corporate Communications | no data | no data | no data | |
| Vice President of Human Resources | no data | no data | no data |
8.7yrs
Average Tenure
50.5yo
Average Age
Experienced Management: GNTX's management team is seasoned and experienced (8.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.6yrs | US$7.11m | 0.072% $ 4.8m | |
| Independent Director | 6.1yrs | US$227.40k | 0.011% $ 709.3k | |
| Independent Director | 2.6yrs | US$219.90k | 0.0017% $ 110.7k | |
| Independent Director | 1.6yrs | US$187.94k | 0.0037% $ 248.6k | |
| Independent Chairman | 13.9yrs | US$335.53k | 0.029% $ 1.9m | |
| Independent Director | 6.2yrs | US$222.40k | 0.011% $ 738.6k | |
| Independent Director | 8.9yrs | US$229.90k | 0.012% $ 797.3k | |
| Independent Director | 3.6yrs | US$216.76k | 0.011% $ 704.6k | |
| Independent Director | less than a year | no data | 0.0017% $ 110.7k |
4.6yrs
Average Tenure
66yo
Average Age
Experienced Board: GNTX's board of directors are considered experienced (4.6 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 22:52 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Gentex Corporation is covered by 26 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Luke Junk | Baird |
| Ishan Majumdar | Baptista Research |
| Alexander Paris | Barrington Research Associates, Inc. |