Generac Holdings Inc. (GNRC)

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.

Symbol
GNRC
Exchange
NYSE
Sector
Industrials
Industry
Specialty Industrial Machinery
Market cap
$12.75B
52 week range
134.8 - 296.44

Valuation

Share price
$216.80 (close of 2026-10-02)
P/E (TTM)
49.16x
Price to book
4.43x
Price to free cash flow
33.63x
Enterprise value
$14.00B
Book value per share
$48.92

Price performance

PeriodChange
1 day+4.28%
5 days+4.16%
1 month+19.94%
3 months-14.19%
6 months+11.70%
Year to date+58.98%
1 year+27.54%
3 years+104.34%
5 years-46.46%
10 years+497.25%
All time+1588.47%

Members of Congress who disclosed GNRC trades

Julie Johnson · Robert Bresnahan

Super investors holding GNRC

John Rogers (Ariel Investments LLC) · Philippe Laffont (Coatue Management) · David Katz (Matrix Asset Advisors Inc) · Ken Griffin (Citadel) · Mairs & Power (Mairs & Power Inc) · Ray Dalio (Bridgewater Associates) · First Eagle Investment (First Eagle Investment Management, LLC) · Lee Ainslie (Maverick Capital LTD)

Profitability and growth

Return on equity
6.05%
Return on invested capital
6.63%
Return on assets
2.86%
Return on capital employed
6.64%
Gross margin
38.29%
Net margin
3.79%
EBITDA margin
11.50%
Revenue growth
-2.02%
Net income growth
-49.56%
Free cash flow growth
-55.65%

Cash flow and balance sheet

Free cash flow yield (TTM)
2.97%
Current ratio
2.04x
Net debt to EBITDA
2.02x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$4.21B
Cost of revenue
$2.60B
Gross profit
$1.61B
EBITDA
$484.03M
Net income
$159.55M
Earnings per share
$2.73
Research and development
$243.47M
Interest expense
$70.70M
Shares outstanding
58.52M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$4.21B$1.61B$159.55M$2.73
2024-12-31$4.30B$1.67B$316.31M$5.46
2023-12-31$4.02B$1.37B$214.61M$3.31
2022-12-31$4.56B$1.52B$399.50M$5.55
2021-12-31$3.74B$1.36B$550.49M$8.51
2020-12-31$2.49B$957.65M$350.58M$5.61
2019-12-31$2.20B$797.75M$252.01M$4.09
2018-12-31$2.02B$725.04M$238.26M$3.57
2017-12-31$1.68B$584.79M$157.81M$2.56
2016-12-31$1.45B$512.42M$97.15M$1.48

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3138.29%3.79%6.05%6.63%
2024-12-3138.77%7.36%12.67%12.03%
2023-12-3133.94%5.33%9.16%8.08%
2022-12-3133.34%8.75%17.68%12.52%
2021-12-3136.39%14.73%24.86%19.84%
2020-12-3138.53%14.11%25.22%23.78%
2019-12-3136.19%11.43%24.40%19.43%
2018-12-3135.83%11.77%31.30%19.96%
2017-12-3134.82%9.40%28.47%15.27%
2016-12-3135.39%6.71%24.46%42.34%

Cash and debt by year

Period endCashDebt
2025-12-31$341.41M$1.19B
2024-12-31$281.28M$1.21B
2023-12-31$200.99M$1.43B
2022-12-31$132.72M$1.37B
2021-12-31$147.34M$882.06M
2020-12-31$655.13M$833.99M
2019-12-31$322.88M$832.24M
2018-12-31$224.48M$900.81M
2017-12-31$138.47M$935.06M
2016-12-31$67.27M$1.05M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$268.13M$49.95M
2024-12-31$604.57M$49.25M
2023-12-31$392.61M$35.49M
2022-12-31-$27.67M$29.48M
2021-12-31$301.16M$23.95M
2020-12-31$424.40M$20.88M
2019-12-31$248.09M$16.69M
2018-12-31$199.63M$14.56M
2017-12-31$224.06M$10.21M
2016-12-31$210.66M$9.49M

Dividend history

Most recent payment
2013-06-10
Payment dateDividend per share
2013-06-10$5.00
2012-07-02$6.00

Investor relations

Next earnings report

Next confirmed report
2026-11-04
Consensus EPS estimate
$2.38

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-29Jun/2026$1.95
2026-04-29Mar/2026$1.33
2026-02-11Dec/2025$1.81
2025-10-29Sep/2025$2.25
2025-07-30Jun/2025$1.33
2025-04-30Mar/2025$0.99
2025-02-12Dec/2024$2.50
2024-10-31Sep/2024$1.98

Filings and sources

Company website
generac.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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