A plain-English look at Gentherm's revenue, profit, and market value, based on FY2025 filings and current trading data.
A Familiar Comfort, A Less Familiar Name
Millions of drivers press a button for a heated seat or a cooled one without ever thinking about who engineered it. Gentherm is often that answer. Headquartered in Novi, Michigan, and founded in 1991, the company has spent more than three decades building the thermal and electronic systems tucked inside modern vehicles.
What Gentherm Actually Builds
Gentherm is classified in the Auto Parts industry, and its business is organized into two segments: Automotive and Medical. The vast majority of its revenue comes from the Automotive side.
Automotive Segment Dominates
That segment covers automotive climate comfort systems, automotive cable systems, battery performance solutions, and automotive electronics and software systems — the kind of components that sit behind the scenes in a car's seats, wiring, and battery management.
A Medical Business on the Side
The smaller Medical segment is built around patient temperature management technology used in the medical industry, a distinct line of business from the automotive work that drives most of Gentherm's sales.
A Global Footprint
Gentherm's geographic reach spans the USA, China, South Korea, Germany, Japan, the Czech Republic, and other regions, reflecting how deeply embedded its parts are in global auto supply chains. The company employs approximately 14,174 people across these operations.
The Size of the Business
In FY2025, Gentherm generated $1.5B in revenue. Total assets stood at $1.4B, giving a sense of the physical and financial scale behind the manufacturing and supply operations needed to serve automakers worldwide.
Growth Over Time
Revenue grew 43% from FY2021 to FY2025, a multi-year climb that reflects sustained demand for the company's comfort and electronics systems in an industry that has weathered plenty of disruption over that stretch.
Profitability by the Numbers
Gentherm finished FY2025 profitable, reporting net income of $95.4M. Its gross margin was 24.2%, meaning roughly a quarter of each sales dollar remained after the direct costs of producing its parts. After all other expenses, the net margin was 1.2% — a much thinner slice, typical of a capital-intensive manufacturing business operating on global scale rather than high per-unit markups.
Market Value and Share Price
Gentherm trades publicly on the NASDAQ under the ticker THRM. Its market capitalization is $1.1B, and shares recently traded at $45.61 on a 15-minute delayed basis. The stock is currently trading near its 52-week high.
What the Valuation Signals
The company's price-to-earnings ratio stands at 77.3. A P/E ratio simply measures how the stock's price compares to the company's per-share earnings; a higher number means investors are paying more for each dollar of current profit, which can reflect expectations about future growth or simply how thin those net margins currently run relative to overall revenue.
Putting the Pieces Together
Taken together, the numbers describe a mid-sized, globally distributed auto parts manufacturer that has grown its top line meaningfully over four years while operating on modest net margins typical of the sector. Its market value sits below its annual revenue figure, and its shares are currently trading near recent highs.
A Note on This Report
This article is factual reporting drawn from public filings and market data, and it is not investment advice.
