Gentherm (THRM) Gross Margin (2009 - 2026)
Gentherm's Gross Margin was 23.28% in Q3 2026, down 1.32 percentage points from 24.59% a year earlier but up 0.11 percentage points from the prior quarter.
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Analysis
Gentherm (THRM) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Gentherm's Gross Margin was 23.71% through Sep 30, 2026, down 0.63 percentage points year-over-year; for FY2025, it was 24.17%, down 1.00 percentage points from FY2024.
- Gross Margin shows a five-year change of -5.19 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 25.16% in FY2024 (+1.23 pp), 23.94% in FY2023 (+1.22 pp), 22.72% in FY2022 (-6.31 pp) and 29.02% in FY2021 (-0.34 pp).
- Quarterly Gross Margin has moved between 20.33% (Q4 2022) and 27.14% (Q4 2021) over five years.
- Compared with a year earlier, Gross Margin was higher in 1 of the last eight quarters, with an average year-over-year change of -0.95 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q4 2023 (a gain of 5.91 percentage points); the worst was Q2 2022 (a drop of 7.00 percentage points).
- Per Business Quant data, THRM's Gross Margin in the three quarters before Q3 2026 was 23.17% (Q2 2026), 24.70% (Q1 2026) and 23.72% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 35.54% |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 39.26% |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 34.70% |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 37.73% |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 42.27% |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 52.68% |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 45.09% |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 38.11% |
| 10 | Gentherm | 914.57 Mn | 111.07 Mn | 94.30 Mn | 23.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.28% |
| Jun 30, 2026 | 23.17% |
| Mar 31, 2026 | 24.70% |
| Dec 31, 2025 | 23.72% |
| Sep 30, 2025 | 24.59% |
| Jun 30, 2025 | 23.93% |
| Mar 31, 2025 | 24.44% |
| Dec 31, 2024 | 24.40% |
| Sep 30, 2024 | 25.54% |
| Jun 30, 2024 | 25.74% |
| Mar 31, 2024 | 24.93% |
| Dec 31, 2023 | 26.24% |
| Sep 30, 2023 | 23.54% |
| Jun 30, 2023 | 23.63% |
| Mar 31, 2023 | 22.31% |
| Dec 31, 2022 | 20.33% |
| Sep 30, 2022 | 24.13% |
| Jun 30, 2022 | 22.77% |
| Mar 31, 2022 | 23.95% |
| Dec 31, 2021 | 27.14% |
API Access
Gentherm Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=THRM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "THRM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=THRM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();