GNRC · Generac Holdings Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · GNRC

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$4.21B	$4.30B	$4.02B	$4.56B	$3.74B	$2.49B
Cost of Revenue	$2.60B	$2.63B	$2.66B	$3.04B	$2.38B	$1.53B
Gross Profit	$1.61B	$1.67B	$1.37B	$1.52B	$1.36B	$957.65M
R&D	$243.47M	$219.60M	$173.44M	$159.77M	$104.30M	$80.25M
SG&A	$422.21M	$285.10M	$252.94M	$194.86M	$144.27M	$119.64M
Total Operating Expenses	$1.32B	$1.13B	$979.23M	$955.67M	$638.95M	$478.55M
D&A	$194.84M	$171.77M	$166.60M	$156.14M	$92.04M	$68.77M
Operating Income	$289.19M	$536.74M	$386.20M	$566.33M	$721.14M	$479.11M
Interest Expense	$70.70M	$89.71M	$97.63M	$54.83M	$32.95M	$32.99M
Income Tax	$37.71M	$92.46M	$73.18M	$99.60M	$134.96M	$98.97M
Net Income	$159.55M	$316.31M	$214.61M	$399.50M	$550.49M	$350.58M
EPS - Basic	$2.73	$5.46	$3.31	$5.55	$8.51	$5.61
EPS - Diluted	$2.69	$5.39	$3.27	$5.42	$8.30	$5.48

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$341.41M	$281.28M	$200.99M	$132.72M	$147.34M	$655.13M
Accounts Receivable	$602.74M	$612.11M	$537.32M	$522.46M	$546.47M	$374.91M
Inventory	$1.25B	$1.03B	$1.17B	$1.41B	$1.09B	$603.32M
Accounts Payable	$436.58M	$458.69M	$340.72M	$446.05M	$674.21M	$330.25M
Current Assets	$2.46B	$2.03B	$2.00B	$2.18B	$1.85B	$1.67B
Total Assets	$5.57B	$5.11B	$5.09B	$5.17B	$4.88B	$3.24B
Current Liabilities	$1.22B	$1.03B	$880.77M	$992.04M	$1.16B	$641.52M
Long-term Debt	$1.19B	$1.21B	$1.43B	$1.37B	$882.06M	$833.99M
Total Liabilities	$2.93B	$2.61B	$2.74B	$2.80B	$2.61B	$1.78B
Stockholders' Equity	$2.63B	$2.49B	$2.34B	$2.26B	$2.21B	$1.39B
Retained Earnings	$3.00B	$2.84B	$2.52B	$2.32B	$1.97B	$1.43B

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$437.98M	$741.30M	$521.67M	$58.52M	$411.16M	$486.53M
Investing Cash Flow	($172.90M)	($208.71M)	($178.06M)	($134.23M)	($817.29M)	($124.09M)
Financing Cash Flow	($212.72M)	($448.83M)	($277.14M)	$64.04M	($102.97M)	($30.43M)
CapEx	$169.85M	$136.73M	$129.06M	$86.19M	$109.99M	$62.13M
Free Cash Flow	$268.13M	$604.57M	$392.61M	($27.67M)	$301.16M	$424.40M

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	38.3%	38.8%	33.9%	33.3%	36.4%	38.5%
Operating margin	6.9%	12.5%	9.6%	12.4%	19.3%	19.3%
EBITDA margin	11.5%	16.5%	13.7%	15.8%	21.8%	22.0%
Net margin	3.8%	7.4%	5.3%	8.8%	14.7%	14.1%
Free cash flow margin	6.4%	14.1%	9.8%	-0.6%	8.1%	17.1%
FCF / Net income	1.68	1.91	1.83	-0.07	0.55	1.21
R&D / Revenue	5.8%	5.1%	4.3%	3.5%	2.8%	3.2%
SG&A / Revenue	10.0%	6.6%	6.3%	4.3%	3.9%	4.8%
Effective tax rate	19.1%	22.6%	25.4%	20.0%	19.7%	22.0%
Return on assets	2.9%	6.2%	4.2%	7.7%	11.3%	10.8%
Return on equity	6.1%	12.7%	9.2%	17.7%	24.9%	25.2%
Return on invested capital	6.1%	11.2%	7.6%	12.5%	18.7%	16.8%
Liquidity
Current ratio	2.03	1.97	2.27	2.20	1.60	2.60
Quick ratio	1.00	0.97	0.94	0.78	0.66	1.66
Cash ratio	0.28	0.27	0.23	0.13	0.13	1.02
Leverage
Debt / Equity	0.45	0.49	0.61	0.61	0.40	0.60
Debt / Assets	0.21	0.24	0.28	0.27	0.18	0.26
Debt / EBITDA	2.47	1.71	2.60	1.90	1.08	1.52
Interest coverage	4.1x	6.0x	4.0x	10.3x	21.9x	14.5x
Equity multiplier	2.12	2.05	2.18	2.29	2.20	2.33
Liabilities / Assets	0.53	0.51	0.54	0.54	0.53	0.55
Efficiency
Asset turnover	0.76	0.84	0.79	0.88	0.77	0.77
Inventory turnover	2.08	2.55	2.28	2.17	2.18	2.53
Days sales outstanding	52d	52d	49d	42d	53d	55d
Days inventory outstanding	175d	143d	160d	169d	167d	144d
Days payable outstanding	61d	64d	47d	54d	104d	79d
Cash conversion cycle	166d	132d	162d	157d	117d	120d
Valuation
P / E	50.7x	28.8x	39.5x	18.6x	42.4x	41.5x
P / B	3.1x	3.8x	3.4x	2.9x	10.2x	10.4x
P / S	1.9x	2.2x	2.0x	1.4x	6.1x	5.8x
EV / EBITDA	18.5x	14.5x	16.7x	10.7x	28.7x	26.8x
Growth
Revenue growth (YoY)	-2.0%	6.8%	-11.9%	22.1%	50.4%	12.7%
Revenue CAGR (3y)	-2.7%	4.8%	17.4%	27.5%	37.2%	14.1%
Revenue CAGR (5y)	11.1%	14.3%	22.7%	22.2%	20.9%	13.5%
Gross profit growth (YoY)	-3.2%	22.0%	-10.3%	11.9%	42.0%	20.0%
Operating income growth (YoY)	-46.1%	39.0%	-31.8%	-21.5%	50.5%	28.7%
Net income growth (YoY)	-49.6%	47.4%	-46.3%	-27.4%	57.0%	39.1%
EPS growth (YoY)	-50.1%	64.8%	-39.7%	-34.7%	51.5%	36.0%
EPS CAGR (3y)	-20.8%	-13.4%	-15.8%	10.4%	32.8%	28.9%
EPS CAGR (5y)	-13.3%	6.0%	-1.6%	16.2%	40.8%	37.4%
FCF growth (YoY)	-55.6%	54.0%	-	-	-29.0%	71.1%
FCF CAGR (5y)	-8.8%	19.5%	14.5%	-	6.2%	21.9%
Book value growth (YoY)	5.5%	6.6%	3.7%	2.0%	59.2%	34.7%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-12-31.

Business segments

$4.21B total

Domestic$3.47B · 82.5%

International$738.18M · 17.5%

Product / service

$6.97B total

External Net Sales$3.47B · 49.8%

Residential Power Products$2.18B · 31.3%

Commercial And Industrial Power Products$863.76M · 12.4%

Other Products And Services$425.10M · 6.1%

Intersegment Sales$23.20M · 0.3%

Stability scores

Altman Z′

FY 2025 · bankruptcy risk

1.91

Grey zone

Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.

Piotroski F-score

FY 2025 · 9-point quality

6/9

Neutral

✓Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
✓Long-term debt decreased
✓Current ratio improved
✓No share dilution
✗Gross margin improved
✗Asset turnover improved

Peer comparison

Same SIC group: Motors & Generators

Company	Revenue (last FY)	Net margin	ROE
FELE	$2.13B	6.9%	11.1%
SCWO	$215.0K	-9754.2%	-311.9%
AMSC	-	-	24.1%
AIPG	-	-	-

Comparing GENERAC HOLDINGS INC. against the 4 most active filers in the same SIC group.

Dividends

$0.00/share trailing 12 months

Ex-date	Per share
Jun 10, 2013	$5.0000
Jul 2, 2012	$6.0000