Gentherm Incorporated

THRMNASDAQConsumer Cyclical● Active

$36.77

+$0.52(+1.43%)

Market Cap$1.1B

P/E Ratio—

52W High$39.48

52W Low$26.92

Avg Volume257K

Open$36.71

Beta1.39

Free Cash Flow Financials Revenue

Gentherm Incorporated (THRM) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

THRM · free cash flow · updated Jun 8, 2026

Core FCF metrics

THRM · FCF · TTM · margin & CAGR

Free cash flow was $61.1M for FY2025 (fiscal year ending 2025-12-31), up 68.2% year-over-year The FCF margin was 4.1%. Five-year CAGR stands at -7.5%.

FY2025 Free Cash Flow$61.1M▲ +68.2% YoY

Trailing 12M (TTM)$78.6Mtrailing 4 quarters sum

FCF Margin4.1%$61.1M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGR-7.5%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

THRM · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$116.8M(56M)$61.1M▲ +68.2%4.1%

FY2024$109.6M(73M)$36.3M▼ 55.1%2.5%

FY2023$119.3M(38M)$80.8M▲ +420.2%5.5%

FY2022$14.9M(40M)−$25.3M▼ 126.0%-2.1%

FY2021$143.1M(46M)$97.1M▲ +7.4%9.3%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

THRM · P/FCF · FCF yield · FCF per share

Gentherm Incorporated (THRM) trades at a FCF yield of 6.96% and a price-to-free-cash-flow ratio of 14.3x. FCF per share stands at $2.58, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

6.96%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.58

TTM FCF ÷ Shares Outstanding

Price / FCF

x14.3

Share Price ÷ FCF per Share

EV / FCF (TTM)

x15.6

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

THRM · cash flow statement · operating / investing / financing

For FY2025, Gentherm Incorporated generated $116.8M in operating cash flow and spent 56M in capital expenditures, yielding $61.1M in free cash flow.

Operating Activities

+$116.8M

Cash from core business operations

2025-12-31

Investing Activities

−$52.4M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$42.5M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($116.8M) − |CapEx| (56M) = FCF ($61.1M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

THRM vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Gentherm IncorporatedYOU

THRM

$61.1M+68.2%4.1%

Toyota Motor Corporation

Alibaba Group Holding Limited

BABA

−$50.72B-164.9%-5.0%

Loss

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Gentherm Incorporated (THRM) reported free cash flow of $61.1M for FY2025 (fiscal year ending 2025-12-31), up 68.2% year-over-year. The FCF margin was 4.1%.

Based on available data, Gentherm Incorporated has maintained positive free cash flow for at least 13 fiscal year(s). FCF peaked at $97.1M in FY2021. The 5-year CAGR stands at -7.5%.

Gentherm Incorporated's FCF yield is 6.96% and price-to-FCF ratio is 14.3x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

THRM free cash flow · 8 questions

Gentherm Incorporated free cash flow was $61.1M for FY2025, up 68.2% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $78.6M.

THRM free cash flowTHRM FCFTHRM FCF 2025THRM free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Gentherm Incorporated · Gentherm Incorporated SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026