Skip to content

Gentherm THRM Q2 2024 earnings

Reported July 31, 2024 · Before market open

Revenue$375.7MBeat by $1.5M
EPS$0.66Beat by $0.05
Revenue estimate$374.2M
EPS estimate$0.61

Next report

Oct 22, 2026 (in 3 months)
Revenue estimate$401.8M
EPS estimate$0.68

Financials

Q2 2024

Income statement

See full
Revenue$375.7M+0.9%
Gross profit$96.7M+9.9%
Operating income$33.0M+663%
Net income$18.9M+1,317%
EPS (diluted)$0.60+1,300%

Balance sheet

See full
Cash & equivalents$123.5M-26.8%
Total debt$251.4M+2.9%
Total equity$640.3M-4.5%
Total assets$1.2B-0.3%

Cash flow

See full
Operating cash flow$37.1M+10.9%
CapEx$19.4M+163%
Free cash flow$17.8M-32.0%

Valuation & ratios

Valuation

as of 06/30/24
See full
Market cap$1.56B-16.4%
Enterprise value$1.68B-13.1%
P/E23×
P/S1.1×-0.3×

Profitability

See full
Gross margin25.1%+2.5pp
Operating margin7.3%+3.8pp
Net margin4.6%
FCF margin2.2%

Returns & leverage

See full
Return on equity10.3%
Debt / equity0.4×0.0×
Current ratio2.1×-0.2×

Segments

By segment

See full
Automotive Segments$364.0M+0.7%
Medical Segments$11.7M+8.3%

By product

See full
Lumbar And Massage Comfort Solutions$45.9M+22.0%
Other Automotive$37.9M+338%

Versus estimates

Ask the moment Gentherm reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did Gentherm report Q2 2024 earnings?
Gentherm (THRM) reported Q2 2024 earnings on July 31, 2024 before market open.
What were Gentherm's Q2 2024 revenue and EPS?
Gentherm reported revenue of $375.7M and eps of $0.66 for Q2 2024.
Did Gentherm beat estimates in Q2 2024?
Revenue beat the consensus estimate of $374.2M by $1.5M. EPS beat the consensus estimate of $0.61 by $0.05.
Where can I find Gentherm's Q2 2024 SEC filings?
You can read the 10-Q periodic report (0000950170-24-088484) directly on SEC EDGAR. The filing index links above go to sec.gov.