Saturday 17 October 2026
Export THRM’s income statement to Excel — free account
Gentherm Inc
THRM Consumer Cyclical Auto Parts
Gentherm Inc’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, up 2.92% from fiscal 2024. In the quarter to June 2026, revenue grew 11.0%, EPS grew 797.4%, free cash flow fell 103.2% and total debt rose 30.7%, each against the same quarter a year earlier.
29.04
0.77
−2.58%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | 26.60 | 29.50 | 30.18 | 35.63 | 27.24 | 60.89 | 49.45 | 38.21 | 37.95 | 22.75 |
Analyst estimates 2026–2028 Powerpack |
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| High | 46.99 | 40.80 | 50.30 | 45.52 | 69.63 | 89.59 | 99.00 | 76.13 | 62.93 | 41.09 | |||||
| People | |||||||||||||||
| People | Employees | 11,685 | 13,069 | 13,755 | 11,726 | 11,519 | 10,474 | 14,568 | 14,504 | 0 | 14,174 | ||||
| Revenue/emp, $m | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.10 | 0.08 | 0.10 | 0.00 | 0.11 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | 918 | 994 | 1,049 | 972 | 913 | 1,046 | 1,205 | 1,469 | 1,456 | 1,499 | ||||
| Gross margin, % | 32.15 | 32.11 | 29.08 | 29.67 | 29.36 | 29.02 | 22.72 | 23.94 | 25.16 | 24.17 | |||||
| EBT | 111 | 69 | 58 | 59 | 82 | 114 | 38 | 55 | 102 | 36 | |||||
| EBT margin, % | 12.05 | 6.97 | 5.54 | 6.09 | 8.93 | 10.88 | 3.19 | 3.74 | 7.02 | 2.39 | |||||
| Net income | 77 | 35 | 42 | 49 | 60 | 93 | 24 | 40 | 65 | 18 | |||||
| Depreciation | 38 | 45 | 51 | 44 | 41 | 39 | 51 | 70 | 55 | 53 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | 25.18 | 27.07 | 29.19 | 29.34 | 27.95 | 31.62 | 36.37 | 44.82 | 46.53 | 49.00 | ||||
| Earnings | 2.10 | 0.96 | 1.17 | 1.13 | 1.83 | 2.82 | 0.74 | 1.23 | 2.08 | 0.60 | |||||
| Cash flow | 2.97 | 1.36 | 3.30 | 3.59 | 3.39 | 4.32 | 0.45 | 3.64 | 3.50 | 3.82 | |||||
| Capex | (1.82) | (1.38) | (1.13) | (0.71) | (0.56) | (1.16) | (1.19) | (1.14) | (2.09) | (1.70) | |||||
| Free cash flow | 1.16 | (0.02) | 2.16 | 2.88 | 2.83 | 3.16 | (0.74) | 2.50 | 1.41 | 2.12 | |||||
| Book value | 12.63 | 15.08 | 13.35 | 14.62 | 17.95 | 19.76 | 20.29 | 19.67 | 19.72 | 23.55 | |||||
| Shares, m | 36 | 37 | 36 | 33 | 33 | 33 | 33 | 33 | 31 | 31 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | 16.17 | 33.39 | 34.17 | 30.22 | 35.84 | 30.71 | 88.99 | 42.04 | 19.19 | 60.48 | ||||
| P/S | 1.35 | 1.18 | 1.37 | 1.51 | 2.33 | 2.75 | 1.81 | 1.16 | 0.86 | 0.74 | |||||
| P/B | 2.69 | 2.12 | 2.99 | 3.04 | 3.63 | 4.40 | 3.24 | 2.65 | 2.02 | 1.54 | |||||
| EV/Sales | 1.34 | 1.23 | 1.47 | 1.54 | 2.25 | 2.60 | 1.88 | 1.21 | 0.92 | 0.76 | |||||
| EV/FCF | 29.23 | (1,496.81) | 19.78 | 16.01 | 22.22 | 26.29 | (88.52) | 22.00 | 30.95 | 17.87 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | 108 | 50 | 118 | 119 | 111 | 143 | 15 | 119 | 110 | 117 | ||||
| Capex | (66) | (51) | (41) | (24) | (18) | (38) | (39) | (37) | (65) | (52) | |||||
| Free cash flow | 42 | (1) | 78 | 95 | 92 | 105 | (25) | 82 | 44 | 65 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | 291 | 290 | 268 | 217 | 438 | 353 | 398 | 363 | 344 | 373 | ||||
| Total debt | 172 | 145 | 140 | 81 | 192 | 39 | 235 | 223 | 220 | 189 | |||||
| Net debt | (6) | 41 | 100 | 28 | (76) | (152) | 81 | 73 | 86 | 28 | |||||
| Shareholders’ equity | 460 | 554 | 480 | 484 | 586 | 654 | 672 | 645 | 617 | 720 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | 10.27 | 4.08 | 4.97 | 6.34 | 6.78 | 9.54 | 2.25 | 3.26 | 5.23 | 1.38 | ||||
| ROIC | 14.59 | 10.19 | 7.84 | 10.29 | 10.92 | 14.32 | 4.01 | 6.74 | 9.51 | 6.90 | |||||
| ROE | 18.14 | 6.95 | 8.11 | 10.14 | 11.15 | 15.07 | 3.69 | 6.13 | 10.30 | 2.73 | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
Gentherm Inc vs peers in Auto Parts (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| AAP Advance Auto Parts, Inc. | $2.7B | 32.0× | 21.0× | −0.50% (below 0%: shrinking) | +264.00% (above 0%: growing) | +9,650.00% (above 0%: growing) | 46.15% | 5.05% | Compare |
| VC Visteon Corporation | $2.4B | 11.2× | 15.5× | −0.93% (below 0%: shrinking) | −22.69% (below 0%: shrinking) | −81.25% (below 0%: shrinking) | 12.29% | 7.60% | Compare |
| PHIN PHINIA Inc. | $2.1B | 16.6× | 14.6× | +5.62% (above 0%: growing) | −7.89% (below 0%: shrinking) | +187.50% (above 0%: growing) | 22.98% | 8.51% | Compare |
| HSAI Hesai Group Sponsored ADR | $1.8B | 25.5× | 34.9× | +28.66% (above 0%: growing) | +32.80% (above 0%: growing) | −29.90% (below 0%: shrinking) | 40.11% | 0.26% | Compare |
| THRM Gentherm Inc | $1.6B | 33.4× | 22.0× | +10.95% (above 0%: growing) | +797.44% (above 0%: growing) | −103.23% (below 0%: shrinking) | 23.17% | 2.57% | |
| ADNT Adient | $1.4B | 29.9× | 25.0× | +5.03% (above 0%: growing) | −25.58% (below 0%: shrinking) | +17.07% (above 0%: growing) | 5.98% | 2.52% | Compare |
| GT The Goodyear Tire & Rubber Company | $1.3B | — (loss-making) | — (loss-making) | −4.82% (below 0%: shrinking) | n/m | −130.32% (below 0%: shrinking) | 16.02% | (0.52%) | Compare |
| XPEL XPEL, Inc. | $1.2B | 22.0× | 22.1× | +14.71% (above 0%: growing) | +10.17% (above 0%: growing) | −231.01% (below 0%: shrinking) | 44.14% | 16.23% | Compare |
| DCH Dauch Corporation | $1.2B | — (loss-making) | — (loss-making) | +92.40% (above 0%: growing) | n/m | −59.49% (below 0%: shrinking) | 11.44% | 3.37% | Compare |
| Median of peers | $1.6B | 23.8× | 21.6× | +5.33% | +1.14% | −44.69% | 19.50% | 4.21% |
Gentherm Inc (THRM) key facts
- Strength: Gentherm Inc’s revenue for fiscal 2025 (year ended December 2025) was $1.5 billion, up 2.92% from fiscal 2024.
- Gentherm Inc (THRM) is an Auto Parts company in the Consumer Cyclical sector, listed on Nasdaq.
- As of October 16, 2026, THRM traded at $29.04, a market capitalization of $1.6 billion.
- Return on equity was 2.73% and debt-to-equity 0.38.
- Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 3.29 (safe zone) for fiscal 2025.