Company: THRM
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0000950170-25-023344
Chunk: 109

Company: Gentherm Inc
Filing Date: 2025-02-19
Form: 10-K
Item: Item 1B
Chunk 109
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 not be indicative of future shareholder returns.

    As of December 31,

    2020

    2021

    2022

    2023

    2024

    Gentherm Incorporated
     
    $
    100.00

    $
    146.92

    $
    195.76

    $
    147.08

    $
    117.95

    $
    89.94

    NASDAQ Composite
     
    $
    100.00

    $
    144.92

    $
    177.06

    $
    119.45

    $
    172.77

    $
    223.87

    Russell 2000
     
    $
    100.00

    $
    119.96

    $
    137.74

    $
    109.59

    $
    128.14

    $
    142.93

    Dow Jones US Auto Parts
     
    $
    100.00

    $
    117.51

    $
    142.18

    $
    104.59

    $
    104.54

    $
    80.91

ITEM 6. 	RESERVED 

 35

ITEM 7. 	MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 

The following discussion and analysis should be read in conjunction with, and is qualified in its entirety by, our consolidated financial statements (and notes related thereto) and other more detailed financial information appearing elsewhere in this Annual Report. Further, you should read the following discussion and analysis of our financial condition and results of operations together with the “Risk Factors” included elsewhere in this Annual Report for a discussion of important factors that could cause actual results to differ materially from the results described in or implied by the forward-looking statements contained in the following discussion and analysis. See also “Forward-Looking Statements” in Part I of this Annual Report. 

Overview 

Gentherm Incorporated is the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management. Automotive products include variable temperature Climate Control Seats, heated interior systems (including heated seats, steering wheels, armrests and other components), battery performance solutions, cable systems, lumbar and massage comfort solutions, fuel management valve systems and other valve systems