Gentex(US:GNTX)2019-11-08 15:50Financial Performance & Shareholder Returns - In 2018, Gentex's revenue was $1.834 billion[8] - The annual tax rate in 2018 was 16.1%[8] - Capital expenditures in 2018 amounted to $86 million[8] - In 2018, Gentex paid a dividend of $0.44 per share[10] - Dividends paid in 2018 totaled $116.6 million[10] - Share repurchases in 2018 amounted to $591.6 million[10] Product Performance - In 2018, interior auto-dimming mirror (IEC) shipments reached 29,651 thousand units, a 5% increase from 2017[6] - In 2018, outside auto-dimming mirror (OEC) shipments reached 11,954 thousand units, a 9% increase from 2017[6] - Total auto-dimming mirror shipments in 2018 were 41,605 thousand units, a 6% increase from 2017[6] - Global penetration of interior auto-dimming mirrors was 31.3% in 2018[6] - Global penetration of outside auto-dimming mirrors was 12.6% in 2018[6] 2019 Guidance - The company projected 2019 revenue between $1.84 billion and $1.87 billion[12] - The company projected 2019 annual tax rate between 16% and 16.5%[12] - The company projected 2019 gross margin between 36.6% and 37%[12] - The company projected 2019 capital expenditures between $90 million and $100 million[12]