THRM · NASDAQ · Auto - Parts

Gentherm (THRM)

Builds thermal and pneumatic comfort systems for vehicles, plus patient-temperature-management products.

$36.93
vs last close+0.65 (+1.81%)
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Gentherm IncorporatedTHRM
Consumer Discretionary

Supplies climate-controlled seating, interior thermal comfort, lumbar and massage systems, valve systems, electronics, and medical patient-temperature-management products. Automotive work produces almost all revenue and is tied to global vehicle programs, seating integrators, OEM demand, and acquisition integration.

Supplies thermal-management and comfort systems mainly to automotive programs. Automotive products include Climate Control Seats, Climate Control Interiors, Lumbar and Massage Comfort Solutions, Climate and Comfort Electronics, Valve Systems, and other vehicle components.

Medical adds patient-temperature-management systems used across care settings. The business operates through a global manufacturing and engineering footprint, with activity tied to automakers and seat-system integrators across North America, Europe, and Asia.

Execution depends on vehicle production schedules, platform awards, large seating customers, OEM demand, acquisition integration, and the pending Modine Performance Technologies transaction. The current portfolio is shaped by acquisitions that expanded from thermoelectric seating into pneumatic comfort, electronics, valves, and patient temperature management.

Company facts

CEOWilliam Presley
ListedJun 10, 1993
ExchangeNASDAQ
HeadquartersNovi, MI
CountryUnited States
Employees14,174
CIK0000903129
ISINUS37253A1034

Market cap$1.11B
EPS (ttm)$0.8665
P/E (ttm)41.87
ROE3.7%
P/B1.54
P/S0.7070
Dividend yieldDiv yield
Beta1.11vs XLY −0.30

Price target$50.00+37.8%Average of 15 analysts
ConsensusBuy9 of 15 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 15, 2026JP MorganUpgrade
Rating: Neutral
Rating: Overweight
Sep 14, 2026CJS SecuritiesInitiate
Rating:
Rating: Outperform
Jul 29, 2026Roth CapitalReiterate
Rating: Target: $44
Rating: BuyTarget: $50
Jul 24, 2026Stifel NicolausTarget
Target: $44
Target: $59
Jul 24, 2026Freedom BrokerDowngrade
Rating: Buy
Rating: Hold

Next report
Oct 22, 26
in 30 days
EPS estimate
$0.66
Revenue estimate
$403.8M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$0.29$0.51$0.54$0.73$0.49$0.84$0.75Pending
Estimate$0.67$0.48$0.59$0.66$0.57$0.53$0.56$0.66
Surprise−56.7%+6.3%−8.5%+11.5%−14.0%+58.5%+34.2%

RevenueReportedEstimate

Feb '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$352.9M$353.9M$375.1M$382.9M$382.8M$393.7M$416.2MPending
Estimate$364.1M$364.3M$372.9M$374.7M$371.9M$362.2M$382.9M$403.8M
Surprise−3.1%−2.9%+0.6%+2.2%+2.9%+8.7%+8.7%
Estimate$0.66
ReportedDue Oct 22, 2026
Estimate$403.8M
ReportedDue Oct 22, 2026
View details

Debt to equity45.00%
Current ratio206.40%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$371.5M$352.9M$353.9M$375.1M$382.9M$382.8M$393.7M$416.2M
Net income$16.0M$15.3M−$128.0K$477.0K$14.9M$3.0M$4.2M$4.4M
Net margin4.3%4.3%0.0%0.1%3.9%0.8%1.1%1.1%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$32.3M$23.6M$17.1M$24.0M$23.9M$13.1M$11.3M$10.7M
YoY growth+36.2%−25.4%−5.5%−27.2%−26.2%−44.5%−33.9%−55.5%

Balance sheet, Jun 30, 2026Cash & short-term investments $213.2M · Total debt $325.1M · Total assets $1.49B · Shareholders' equity $723.1M

Revenue
$416.2M
Operating income
$10.7M
Net income
$4.4M
View details

Dividend yield
Next ex-date
Oct 2, 26
in 10 days
Annual dividend
Schedule
View details

Institutions107.48%33.00M shares
260 holders · as of Jun 30, 2026
Insiders2.65%812.3K shares
20 holders · as of Aug 18, 2026
Adds to110.13%

30.71M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 110.13%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
15.75%4.84Mas of Jun 30, 2026
Van Berkom & Associates Inc.Institution
6.74%2.07Mfiled Feb 11, 2019
Vanguard Portfolio Management LLCInstitution
6.30%1.93Mas of Jun 30, 2026
Dimensional Fund Advisors LPInstitution
5.11%1.57Mas of Jun 30, 2026
Harvey Partners, LLCInstitution
4.32%1.33Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 17, 2026Breisacher Nicholasofficer: Chief Accounting Officer−925$43.21
Jul 29, 2026Wayne S. III Kauffmanofficer: SVP and General Counsel−4,700$43.21
View details

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