Generac Holdings Inc. GNRC SPX

Industrials · Specialty Industrial Machinery · United States

https://www.generac.com

Generac Holdings Inc. designs, manufactures, and distributes energy technology products and solutions worldwide. The company offers residential automatic standby generators, automatic transfer switch, air-cooled engine home standby generators, and liquid-cooled engine generators; Mobile Link, a remote monitoring system for home standby generators; propane tank monitoring solution; and smart home solutions, such as smart thermostats and a suite of home monitoring products. It also provides smart home energy management devices and sensors for heating and cooling system; smart doorbell cameras; and portable and inverter generators; multiple portable battery solutions; manual transfer switches; outdoor power equipment, including trimmers, field and brush mowers, log splitters, stump grinders, chipper shredders, lawn and leaf vacuums, and pressure washers and water pumps; and home energy storage systems. In addition, the company offers commercial and industrial products comprising cleaner-burning natural gas fueled generators; mega-watt diesel generators; light-commercial standby generators and related transfer switches; stationary generators; single-engine industrial generators; industrial standby generators; industrial transfer switches; light towers, mobile generators, commercial mobile pumps, heaters, and dust-suppression equipment; mobile energy storage systems; battery energy storage system and related inverter products; and aftermarket service parts and product accessories. Further, it provides microgrid; and software-as-a-service contracts. The company distributes its products through independent residential dealers and contractors, industrial distributors and dealers, national and regional retailers, e-commerce partners, electrical/HVAC/solar wholesalers, solar installers, catalogs, equipment rental companies, and other equipment distributors; and directly to end users. Generac Holdings Inc. was founded in 1959 and is based in Waukesha, Wisconsin.

Market & Price

Market Cap

$16.36B

Current Price

$277.91

High / Low (52W)

$280.53 / $120.64

Beta

1.94

Valuation

Stock P/E

86.85

Industry PE

28.38

Forward P/E

25.05

PEG Ratio

1.16

Book Value

$45.52

Price to Book

6.10

P/S

3.78

EV/EBITDA

33.15

Dividend Yield

Profitability & Returns

ROCE

6.19%

ROE

7.39%

ROA

3.79%

Profit Margin

4.37%

Op Margin

11.07%

EPS (Latest Qtr)

$1.24

EPS (TTM)

$3.20

Balance Sheet & Liquidity

Debt/Equity

0.52

Quick Ratio

0.74

Current Ratio

2.03

Debt

$1.39B

Total Assets

$5.57B

Current Assets

$2.46B

Working Capital

$1.25B

Ownership

Promoter Holding

1.73%

Chg in Prom Hold

FII / Inst Holding

93.62%

Chg in FII Hold

-0.01%

Financial Snapshot

Enterprise Value

$17.49B

Total Revenue (TTM)

$4.33B

EBITDA

$527.51M

Free Cash Flow

$115.30M

Operating Cash Flow

$499.11M

Shares Outstanding

58.87M

Gross Margin

38.14%

Payout Ratio

0.00%

Growth (CAGR)

Revenue 5Y

-2.67%

Profit 5Y

-23.06%

Revenue (YoY)

12.40%

Earnings (YoY)

69.90%

PROS

Generates positive free cash flow.
In a confirmed uptrend (50-DMA above 200-DMA).

CONS

Trading at a high P/E of 86.8.
Revenue declined at -2.7% CAGR over 5 years.
Earnings shrank at -23.1% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	GNRC Generac Holdings Inc. SPX	277.91	86.85	$16.36B	-	6.19%	7.39%	-2.67%	-23.06%
2	CAT Caterpillar Inc. SPX	875.87	43.66	$403.42B	0.69%	19.42%	51.33%	4.38%	9.83%
3	GE GE Aerospace SPX	323.76	40.17	$338.27B	0.58%	11.89%	45.43%	16.32%	195.89%
4	GEV GE Vernova Inc. SPXAI	968.32	28.33	$260.21B	0.21%	6.30%	75.71%	8.68%	92.84%
5	RTX RTX Corporation SPX	179.66	33.64	$241.95B	1.54%	9.41%	11.57%	9.72%	9.01%
6	UNP Union Pacific Corporation SPX	262.64	21.60	$155.93B	2.10%	16.19%	40.69%	-0.49%	0.66%
7	ETN Eaton Corporation plc SPXAI	400.60	39.20	$155.55B	1.10%	16.23%	20.84%	9.77%	18.41%
8	HON Honeywell International Inc. NDXSPX	237.86	38.00	$150.72B	2.00%	13.57%	24.26%	1.82%	-1.62%
9	DE Deere & Company SPX	542.18	30.67	$146.45B	1.20%	12.82%	18.35%	-4.50%	-11.00%

Quarterly Results

Figures in USD.

Metric	Jun 2016	Sep 2016	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-	-	-	332.06M	396.52M	457.75M	493.05M	400.09M	497.58M	562.39M	563.40M	470.35M	541.92M	601.13M	590.93M	475.92M	546.85M	701.36M	761.08M	807.43M	919.98M	942.70M	1.07B	1.14B	1.29B	1.09B	1.05B	887.91M	1.00B	1.07B	1.06B	889.27M	998.20M	-	-	942.12M	1.06B	1.11B	1.09B	1.06B
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	733.38M	570.13M	644.42M	687.43M	-	649.13M
Gross Profit	124.15M	137.77M	154.13M	109.95M	134.22M	157.68M	182.93M	141.93M	178.47M	200.33M	204.31M	162.18M	195.84M	217.52M	222.22M	172.32M	208.98M	276.15M	300.20M	321.81M	339.74M	335.99M	362.54M	360.75M	456.99M	361.10M	343.17M	272.50M	328.42M	375.79M	388.72M	316.38M	375.56M	-	-	371.99M	416.75M	426.92M	396.08M	410.24M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	288.35M	304.96M	323.84M	405.39M	292.94M
Operating Income	44.08M	56.34M	77.23M	30.89M	51.82M	72.55M	95.37M	56.35M	85.47M	106.52M	108.85M	71.17M	90.93M	105.56M	104.51M	62.86M	89.55M	155.64M	171.05M	189.12M	182.95M	173.58M	175.48M	154.74M	216.84M	87.52M	107.23M	44.48M	85.97M	104.78M	150.97M	66.87M	103.23M	-	-	83.64M	111.79M	103.08M	-9.31M	117.29M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	121.77M	156.41M	146.01M	40.40M	168.11M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17.11M	18.24M	18.46M	16.88M	15.38M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	58.51M	89.85M	78.34M	-27.64M	96.76M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14.24M	15.42M	11.76M	-3.71M	23.65M
Net Income	20.89M	26.18M	41.51M	12.18M	25.29M	39.44M	80.91M	33.65M	53.26M	75.78M	75.58M	44.86M	61.96M	75.57M	69.61M	44.46M	66.14M	114.97M	125.00M	148.99M	127.04M	131.57M	142.90M	113.86M	156.36M	58.27M	71.02M	12.43M	45.20M	60.38M	96.60M	26.23M	59.12M	-	-	43.84M	74.02M	66.16M	-24.46M	73.25M
Diluted EPS	0.31	0.40	0.64	0.20	0.41	0.63	1.30	0.42	0.82	1.11	1.20	0.76	0.98	1.18	1.12	0.68	1.02	1.82	1.96	2.33	2.01	1.93	2.04	1.57	2.21	0.83	0.83	0.05	0.70	0.97	1.57	0.39	0.97	-	2.15	0.73	1.25	1.12	-	1.24
R&D Expense	9.89M	9.43M	-	10.29M	10.55M	10.85M	-	11.85M	12.62M	13.65M	-	13.61M	17.69M	17.60M	-	18.65M	19.45M	20.66M	-	22.39M	25.34M	27.16M	-	39.74M	41.60M	39.98M	-	41.82M	43.94M	43.31M	-	49.41M	54.00M	56.94M	-	62.05M	60.35M	60.06M	-	62.66M

Profit & Loss (Annual)

Figures in USD.

Metric	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue	-	-	-	-	-	-	-	1.45B	1.68B	2.02B	2.20B	2.49B	-	4.56B	4.02B	4.30B	4.21B
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	3.04B	2.66B	2.63B	2.60B
Gross Profit	235.85M	237.36M	294.65M	440.40M	569.56M	516.22M	459.95M	512.42M	584.79M	725.04M	797.75M	957.65M	-	1.52B	1.37B	1.67B	1.61B
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	955.67M	979.23M	1.13B	1.32B
Operating Income	98.51M	90.30M	112.98M	223.56M	351.46M	293.38M	179.56M	202.75M	250.63M	357.18M	372.16M	479.11M	-	566.33M	386.20M	536.74M	289.19M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	719.43M	554.53M	670.92M	464.59M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	54.83M	97.63M	89.71M	70.70M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	508.47M	290.30M	409.44M	199.06M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	99.60M	73.18M	92.46M	37.71M
Net Income	43.05M	56.91M	324.64M	93.22M	174.54M	174.61M	77.75M	97.15M	157.81M	238.26M	252.01M	350.58M	-	350.27M	203.09M	325.26M	159.55M
Diluted EPS	-	-	4.79	1.35	2.51	2.49	1.12	1.47	2.53	3.54	4.03	5.48	-	5.42	3.27	5.39	2.69
R&D Expense	10.84M	14.70M	16.48M	23.50M	29.27M	31.49M	32.92M	37.16M	42.87M	50.02M	68.39M	80.25M	104.30M	159.77M	173.44M	219.60M	243.47M

Compounded Sales Growth

5 Years:	-2.67%
1 Year:	12.40%

Compounded Profit Growth

5 Years:	-23.06%
1 Year:	69.90%

Stock Price Performance

1 Year:	+127.55%
6 Months:	+87.07%
3 Months:	+23.31%
1 Month:	+9.88%

Balance Sheet (Annual)

Figures in USD.

Metric	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Assets	-	-	1.21B	1.55B	1.60B	1.80B	1.86B	1.78B	1.87B	2.03B	2.43B	2.67B	3.24B	-	5.17B	5.09B	5.11B	5.57B
Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.18B	2.00B	2.03B	2.46B
Cash & Equivalents	81.23M	161.31M	78.58M	93.13M	108.02M	150.15M	189.76M	115.86M	67.27M	138.47M	224.48M	322.88M	655.13M	-	132.72M	200.99M	281.28M	341.41M
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.41B	1.17B	1.03B	1.25B
Receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	-	522.46M	537.32M	612.11M	602.74M
Total Liabilities	-	-	768.82M	783.90M	1.14B	1.48B	1.39B	1.31B	1.43B	1.43B	1.60B	1.57B	1.78B	-	2.80B	2.74B	2.61B	2.93B
Current Liabilities	-	-	86.69M	165.39M	294.86M	250.84M	240.52M	213.22M	341.94M	396.42M	560.71M	497.06M	641.52M	-	992.04M	880.77M	1.03B	1.22B
Long Term Debt	-	-	657.23M	575.00M	799.02M	1.20B	1.11B	1.07B	1.05M	935.06M	900.81M	832.24M	833.99M	-	1.34B	1.38B	1.15B	1.18B
Total Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.60B	1.73B	1.48B	1.50B
Total Equity	-810.19M	-742.81M	441.07M	768.89M	463.63M	317.07M	489.80M	465.87M	401.12M	554.04M	760.55M	1.03B	1.39B	-	2.26B	2.34B	2.49B	2.63B
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	-	-	72.70M	73.20M	73.79M	74.05M

Cash Flows (Annual)

Figures in USD.

Metric	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Operating Cash Flow	74.61M	114.48M	169.71M	235.59M	259.94M	252.99M	188.62M	241.12M	257.32M	247.23M	308.89M	486.53M	-	58.52M	521.67M	741.30M	437.98M
Investing Cash Flow	-4.35M	-11.20M	-95.95M	-69.34M	-144.55M	-95.49M	-104.33M	-93.53M	-28.13M	-108.89M	-170.08M	-124.09M	-	-134.23M	-178.06M	-208.71M	-172.90M
Financing Cash Flow	9.82M	-186.00M	-59.22M	-151.35M	-73.40M	-116.02M	-154.48M	-195.71M	-160.14M	-52.03M	-41.92M	-30.43M	-	64.04M	-277.14M	-448.83M	-212.72M
Capital Expenditure	-4.53M	-9.63M	-12.06M	-22.39M	-30.77M	-34.69M	-30.65M	-30.47M	-33.26M	-47.60M	-60.80M	-62.13M	-	-86.19M	-129.06M	-136.73M	-169.85M
Free Cash Flow	70.08M	104.85M	157.65M	213.20M	229.17M	218.30M	157.97M	210.66M	224.06M	199.63M	248.09M	424.40M	-	-27.67M	392.61M	604.57M	268.13M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-	-	-	-	-11.67M	66.47M	83.75M	52.35M
Share Buybacks	-	-	-	-	-	-	99.94M	149.94M	30.01M	25.66M	0	0	125.99M	345.84M	251.51M	152.74M	147.92M

Ratios (Annual)

Figures in %.

Metric	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Gross Margin %	-	-	-	-	-	-	-	35.4%	34.8%	35.8%	36.2%	38.5%	-	33.3%	33.9%	38.8%	38.3%
Operating Margin %	-	-	-	-	-	-	-	14.0%	14.9%	17.7%	16.9%	19.3%	-	12.4%	9.6%	12.5%	6.9%
Net Margin %	-	-	-	-	-	-	-	6.7%	9.4%	11.8%	11.4%	14.1%	-	7.7%	5.0%	7.6%	3.8%
ROE %	-5.8%	12.9%	42.2%	20.1%	55.0%	35.6%	16.7%	24.2%	28.5%	31.3%	24.4%	25.2%	-	15.5%	8.7%	13.0%	6.1%
ROCE %	-	8.0%	8.1%	17.1%	22.7%	18.1%	11.5%	13.3%	15.4%	19.1%	17.2%	18.5%	-	13.6%	9.2%	13.2%	6.6%

Shareholding Pattern

Insiders

1.73%

Institutions

93.62%

Public Float

95.27%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Vanguard Capital Management LLC	6.49%	3.82M	$1.06B
2	Blackrock Inc.	6.46%	3.80M	$1.06B
3	Vanguard Portfolio Management LLC	3.93%	2.32M	$643.61M
4	Invesco Ltd.	3.89%	2.29M	$636.69M
5	State Street Corporation	3.70%	2.18M	$606.13M
6	Boston Partners	2.61%	1.54M	$426.86M
7	Geode Capital Management, LLC	2.59%	1.52M	$423.74M
8	Ariel Investments, LLC	2.20%	1.29M	$359.83M
9	Shaw D.E. & Co., Inc.	2.20%	1.30M	$360.66M
10	Arrowstreet Capital, Limited Partnership	1.76%	1.04M	$288.61M

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for GNRC

No recent headlines available.

GNRC · Industrials