Latest revenue
$1.06B
as of 2026-03-31
Latest net income
$73.3M
as of 2026-03-31
Net margin
6.9%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $15.90B
- Enterprise value
- $17.02B
- P/E (trailing)
- 99.7×
- Forward P/E
- —
- P/B
- 6.02×
- Dividend yield
- 0.0%
- 52-wk high
- $276.80
- 52-wk low
- $118.09
- Beta
- —
- Shares out
- 58.9M
5-year trend
What this company does
Generac designs and manufactures backup power generators and energy technology products, primarily standby and portable generators for homes, businesses, and industrial sites. The company makes money by selling this power equipment through dealers, retailers, and wholesalers, with residential generators driving the bulk of its $3.1 billion year-to-date sales. Margins compressed sharply this quarter, with operating income falling roughly 39% year-over-year as costs and R&D spending climbed faster than its push into clean energy and grid services products.
Generated from GNRC's filing dated 2026-02-18
Key risks
- Margin compression: Q3 gross profit fell to $426.9M on $1.11B sales (down 5% YoY); operating income dropped 39% to $103M.
- Inventory build: inventories surged 29% YTD to $1.33B against flat sales, signaling potential demand softness or markdown/working-capital risk.
- Leverage and rate exposure: $1.42B total debt plus $10.2M YTD unrealized swap losses; G&A jumped 18% YTD, pressuring earnings.
Generated from GNRC's filing dated 2026-02-18
Profitability
Gross margin
38.3%
1.2%Operating margin
6.9%
45.0%Net margin
3.8%
48.5%Return on equity
6.1%
52.2%Return on assets
2.9%
53.8%Leverage
Debt / equity
1.12×
6.6%Long-term debt / equity
0.48×
1.4%Debt / assets
52.8%
3.1%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $1.06B | +12.4% | $73.3M | +67.1% | 6.9% |
Q4 2025 2025-12-31 | $1.09B | -11.6% | $-24.5M | -120.9% | -2.2% |
Q3 2025 2025-09-30 | $1.11B | -5.0% | $66.2M | -41.8% | 5.9% |
Q2 2025 2025-06-30 | $1.06B | +6.3% | $74.0M | +25.2% | 7.0% |
Q1 2025 2025-03-31 | $942.1M | +5.9% | $43.8M | +67.1% | 4.7% |
Q4 2024 2024-12-31 | $1.23B | — | $117.2M | — | 9.5% |
Q3 2024 2024-09-30 | $1.17B | +9.6% | $113.7M | +88.4% | 9.7% |
Q2 2024 2024-06-30 | $998.2M | -0.2% | $59.1M | +30.8% | 5.9% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Motors & Generators · SIC 3621
Your notes
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Insider activity
Insider buying
$0
Insider selling
$16.9M
Net activity
−$16.9M
Distinct insiders
4
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns GNRC
Institutional value
$5.59B
Total shares held
29.6M
Distinct holders
602
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 3.8M | $745.9M | — | New |
| 2 | BlackRock, Inc. | 3.8M | $742.3M | — | New |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 2.3M | $452.4M | — | New |
| 4 | Invesco Ltd. | 2.3M | $447.5M | — | New |
| 5 | Boston Partners | 1.5M | $300.0M | — | New |
| 6 | DIMENSIONAL FUND ADVISORS LP | 936.6K | $182.9M | — | New |
| 7 | BANK OF MONTREAL /CAN/ | 661.3K | $129.2M | — | New |
| 8 | JENNISON ASSOCIATES LLC | 520.6K | $101.7M | — | New |
| 9 | UBS Group AG | 514.6K | $100.5M | — | New |
| 10 | ENVESTNET ASSET MANAGEMENT INC | 488.3K | $95.4M | — | New |
| 11 | Robeco Schweiz AG | 477.0K | $93.2M | — | New |
| 12 | KING LUTHER CAPITAL MANAGEMENT CORP | 468.7K | $91.6M | — | New |
| 13 | MACKENZIE FINANCIAL CORP | 392.5K | $76.7M | — | New |
| 14 | FEDERATED HERMES, INC. | 385.2K | $75.2M | — | New |
| 15 | BLAIR WILLIAM & CO/IL | 346.8K | $67.7M | — | New |
| 16 | Impax Asset Management Group plc | 336.5K | $65.7M | — | New |
| 17 | VANGUARD FIDUCIARY TRUST CO | 330.2K | $64.5M | — | New |
| 18 | Bank of New York Mellon Corp | 295.5K | $57.7M | — | New |
| 19 | DAVENPORT & Co LLC | 292.4K | $57.1M | — | New |
| 20 | Stephens Investment Management Group LLC | 289.4K | $56.5M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
Q3 sales fell 5% YoY to $1.11B while gross margin compressed ~190bps—how much is tariff pass-through versus residential standby demand softening?
- 2
Inventories jumped $298M to $1.33B since year-end despite declining revenue; what's the writedown risk if a mild winter delays the restock cycle?
- 3
G&A rose 21% YoY to $94M and operating income dropped 39%—what specific costs are structural versus one-time, and when does margin inflect?
Refreshed when GNRC files a new report · last from 2026-02-18