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Generac Holdings Inc Stock Research

GNRC

108.46USD-1.76(-1.60%)Market Closed
Watchlist

Market Summary

USD108.46-1.76
Market Closed
-1.60%

GNRC Alerts

  • 1 major insider sales recently.
  • Big fall in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)

GNRC Stock Price

GNRC RSI Chart

GNRC Valuation

Market Cap

6.8B

Price/Earnings (Trailing)

36.4

Price/Sales (Trailing)

1.69

EV/EBITDA

21.28

Price/Free Cashflow

429.86

GNRC Price/Sales (Trailing)

GNRC Profitability

EBT Margin

8.92%

Return on Equity

12.74%

Return on Assets

5.72%

Free Cashflow Yield

0.23%

GNRC Fundamentals

GNRC Revenue

Revenue (TTM)

4.0B

Revenue Y/Y

-22.53%

Revenue Q/Q

12.67%

GNRC Earnings

Earnings (TTM)

186.9M

Earnings Y/Y

-71.09%

Earnings Q/Q

263.62%

Price Action

52 Week Range

86.29193.24
(Low)(High)

Last 7 days

-1.3%

Last 30 days

-5.1%

Last 90 days

-11.7%

Trailing 12 Months

-39.9%

GNRC Financial Health

Current Ratio

2.4

Debt/Equity

0.65

Debt/Cashflow

0.03

GNRC Investor Care

Buy Backs (1Y)

3.05%

Diluted EPS (TTM)

2.41

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for GNRC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-01
Taffe Norman P
acquired
-
-
8,364
president energy technology
2023-09-01
Taffe Norman P
sold (taxes)
-29,890
119
-250
president energy technology
2023-09-01
Jagdfeld Aaron
sold
-601,150
120
-5,000
chief executive officer
2023-09-01
Kanuru Rajendra Kumar
sold
-30,057
120
-250
evp, gc, corp. secretary
2023-08-04
BOWLIN JOHN D
acquired
-
-
199
-
2023-08-04
Jenkins William D Jr
acquired
-
-
199
-
2023-08-04
Morgan Bennett J
acquired
-
-
265
-
2023-08-04
AVEDON MARCIA J
acquired
-
-
243
-
2023-08-04
Nguyen Nam Tran
acquired
-
-
199
-
2023-08-04
LAMPEREUR ANDREW
acquired
-
-
254
-

1–10 of 50

Which funds bought or sold GNRC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
added
1.45
2,986
10,439
-%
2023-09-12
Prosperity Wealth Management, Inc.
new
-
36,388
36,388
0.02%
2023-09-01
Manhattan West Asset Management, LLC
added
31.3
649,401
1,448,350
0.54%
2023-08-30
Western Wealth Management, LLC
new
-
205,505
205,505
0.02%
2023-08-28
DT Investment Partners, LLC
unchanged
-
763
2,301
-%
2023-08-24
Alberta Investment Management Corp
unchanged
-
82,240
298,260
-%
2023-08-23
Stonebridge Capital Advisors LLC
unchanged
-
30,840
111,848
0.01%
2023-08-23
WOLVERINE TRADING, LLC
new
-
433,651
433,651
-%
2023-08-22
COMERICA BANK
new
-
-
-
-%
2023-08-22
Segment Wealth Management, LLC
added
24.5
511,553
1,223,020
0.13%

1–10 of 44

Latest Funds Activity

Are funds buying GNRC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own GNRC
No. of Funds

Schedule 13G FIlings of Generac Holdings

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
11.06%
7,007,878
SC 13G/A
Feb 07, 2023
blackrock inc.
6.7%
4,259,220
SC 13G/A
Mar 11, 2022
blackrock inc.
7.9%
4,997,627
SC 13G/A
Feb 09, 2022
fmr llc
-
0
SC 13G/A
Feb 08, 2022
blackrock inc.
7.9%
4,997,627
SC 13G
Apr 12, 2021
vanguard group inc
11.05%
6,946,320
SC 13G/A
Feb 10, 2021
vanguard group inc
9.69%
6,087,945
SC 13G/A
Feb 08, 2021
fmr llc
-
0
SC 13G/A
Jan 27, 2021
blackrock inc.
10.1%
6,343,957
SC 13G/A
Nov 09, 2020
jpmorgan chase & co
3.6%
2,303,892
SC 13G/A

Recent SEC filings of Generac Holdings

View All Filings
Date Filed Form Type Document
Sep 05, 2023
4
Insider Trading
Sep 01, 2023
4
Insider Trading
Sep 01, 2023
4
Insider Trading
Sep 01, 2023
4
Insider Trading
Aug 08, 2023
4
Insider Trading
Aug 08, 2023
10-Q
Quarterly Report
Aug 08, 2023
4
Insider Trading
Aug 08, 2023
4
Insider Trading
Aug 08, 2023
4
Insider Trading
Aug 08, 2023
4
Insider Trading

GNRC Fair Value

Loading...

Peers (Alternatives to Generac Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
84.0B
22.0B
-0.51% 55.02%
31
3.81
11.48% 17.16%
55.1B
16.4B
3.10% 26.34%
4.17
3.36
10.61% 318.06%
34.8B
6.4B
-2.08% 27.81%
28.19
5.42
8.50% 12.86%
18.1B
5.2B
1.03% 38.67%
33.07
3.57
12.87% 23.98%
MID-CAP
6.8B
4.0B
-5.13% -39.93%
36.4
1.69
-9.27% -65.68%
5.2B
4.1B
2.89% 1.62%
13.71
1.28
4.21% 3.22%
4.5B
879.8M
-8.48% -68.88%
-5.43
5.17
47.16% -33.02%
3.0B
1.3B
-0.14% -39.75%
-11.49
2.26
33.92% 17.86%
SMALL-CAP
1.2B
1.5B
0.19% 20.41%
-10.64
0.78
149.77% -229.20%
961.9M
452.0M
14.24% 71.33%
23.77
2.13
18.97% 49.93%
952.7M
875.7M
-1.59% -19.52%
7.41
1.09
-39.21% -74.32%
941.4M
653.3M
2.92% 247.75%
25.56
1.44
30.84% 345.91%
213.9M
113.6M
-16.54% 50.80%
-6.74
1.88
-38.89% 13.45%
60.3M
-
-3.70% -21.74%
-7.17
366.22
-64.73% -34.35%

Generac Holdings News

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Clayton County Register
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Returns for GNRC

Cumulative Returns on GNRC

9.7%


10-Year Cumulative Returns

18.0%


7-Year Cumulative Returns

13.7%


5-Year Cumulative Returns

-15.5%


3-Year Cumulative Returns

Risks for GNRC

What is the probability of a big loss on GNRC?

55.8%


Probability that Generac Holdings stock will be more than 20% underwater in next one year

36.1%


Probability that Generac Holdings stock will be more than 30% underwater in next one year.

33.9%


Probability that Generac Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does GNRC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Generac Holdings was unfortunately bought at previous high price.

Drawdowns

Financials for Generac Holdings

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue-6.7%4,0264,3174,5654,5834,4374,0663,7373,4313,1902,8172,4852,3152,2152,2102,2042,1772,1382,0942,0231,9531,848
Gross Profit-9.0%1,3051,4341,5221,5411,5161,3991,3601,2981,2381,107958880821808798780763745725704661
Operating Expenses0.2%980978956907796712639581539502479467459444426403385373368363357
  S&GA Expenses-0.9%494499496478390349319297276260246237236226218209199195192189186
  R&D Expenses1.4%16416216015113812210496.0090.0084.0080.0078.0075.0073.0068.0061.0057.0052.0050.0051.0049.00
EBITDA-100.0%-508616683767799817802778681548469417416422------
EBITDA Margin-100.0%-0.12*0.13*0.15*0.17*0.20*0.22*0.23*0.24*0.24*0.22*0.20*0.19*0.19*0.19*------
Interest Expenses21.9%83.0068.0055.0045.0037.0035.0033.0031.0031.0032.0033.0035.0038.0040.0042.0041.0041.0041.0041.0041.0042.00
Earnings Before Taxes-36.9%243385508588681652692689671579446366313312320333335327311286236
EBT Margin-100.0%-0.09*0.11*0.13*0.15*0.16*0.19*0.20*0.21*0.21*0.18*0.16*0.14*0.14*0.14*------
Net Income-37.3%187298400471545515550533516455351295256252252258258249238244207
Net Income Margin-100.0%-0.07*0.09*0.10*0.12*0.13*0.15*0.16*0.16*0.16*0.14*0.13*0.12*0.11*0.11*------
Free Cashflow100.0%--31.87-27.67-67.9748.00138301452558551424394347248248------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42017Q42016Q4
Assets2.1%5,3225,2115,1695,2465,4735,1524,8784,1003,7073,4223,2352,9742,7682,6542,6662,5942,5232,4742,4262,0261,866
  Current Assets4.0%2,2732,1862,1822,3132,4912,1251,8481,9241,6931,8581,6701,4801,2971,2091,1961,1371,0521,0631,121825-
    Cash Equivalents40.3%19313713323046720614742439074565551439730732321611016122413867.00
  Inventory-0.1%1,4371,4381,4051,4251,2411,2371,090935773645603533544560522517570588545387-
  Net PPE3.0%505490468450446443441413393346344321318316317303301289279230-
  Goodwill0.3%1,4301,4261,4011,3601,3881,4121,4101,17437.0084985527.00796794805812817828765--
Liabilities1.0%2,8952,8662,8002,8402,9702,7712,6062,2732,0141,8341,7791,6811,6091,5701,5721,5981,5931,6061,6041,428-
  Current Liabilities2.9%9379109921,1051,1721,2531,1561,018836710642556487483497476480516561396-
  Short Term Borrowings21.5%78.0064.0049.0065.0078.0085.0072.0061.0024.0027.0039.0045.0052.0050.0059.0067.0057.0045.0046.0021.00-
  Long Term Debt-0.3%1,5231,5271,3691,2831,2861,003902843843842842841841839838884883882876907-
Shareholder's Equity3.3%2,4192,3412,2572,3192,4202,3092,2141,7821,6561,5251,3901,2301,0971,0241,033939871810761554397
  Retained Earnings1.9%2,3632,3202,3162,2642,2112,0681,9661,8341,7101,5821,4331,3071,1911,1261,0841,014940878831611-
  Additional Paid-In Capital1.1%1,0541,0431,016976968960953563543534526519512504499493486481476460-
Shares Outstanding0.3%62.0062.00-63.0064.0063.00-63.0063.0062.00-62.0062.0062.00-62.0062.0062.00---
Minority Interest11.6%2.002.002.001.001.000.000.000.000.00-0.16-0.09-0.30-0.450.000.005.005.006.001.000.00-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations118.4%10950.0059.0019.00150248411568648628487443399306309242190233247185159
  Share Based Compensation7.5%33.0031.0029.0029.0028.0027.0024.0025.0023.0022.0021.0020.0019.0018.0017.0016.0016.0015.0015.0013.0014.00
Cashflow From Investing1.1%-146-148-134-355-413-822-817-616-566-133-124-60.62-49.20-105-170-178-172-179-108-125-164
Cashflow From Financing-825.0%-23232.0064.0014533633.00-102-42.28-90.09-54.35-30.43-85.69-63.09-56.38-41.92-20.71-20.00-37.46-52.03-12.19-47.76
  Dividend Payments---0.00-----------0.00---0.000.001.00
  Buy Backs---346504--126-----------26.0034.0051.00

GNRC Income Statement

2023-06-30
Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Net sales$ 1,000,420$ 1,291,391$ 1,888,330$ 2,427,247
Costs of goods sold671,999834,4061,287,4101,609,514
Gross profit328,421456,985600,920817,733
Operating expenses:    
Selling and service115,743120,066216,431218,309
Research and development43,94241,59985,76281,343
General and administrative56,37152,600116,05694,572
Amortization of intangibles26,39325,87652,21651,930
Total operating expenses242,449240,141470,465446,154
Income from operations85,972216,844130,455371,579
Other (expense) income:    
Interest expense(25,160)(10,235)(48,155)(19,789)
Investment income941921,629169
Loss on extinguishment of debt[1]0(3,743)0(3,743)
Other, net(331)505(497)751
Total other expense, net(24,550)(13,381)(47,023)(22,612)
Income before provision for income taxes61,422203,46383,432348,967
Provision for income taxes15,90745,82623,75674,434
Net income45,515157,63759,676274,533
Net income attributable to noncontrolling interests3171,2782,0484,316
Net income attributable to Generac Holdings Inc.$ 45,198$ 156,359$ 57,628$ 270,217
Net income attributable to Generac Holdings Inc. per common share - basic: (in dollars per share)$ 0.70$ 2.24$ 0.76$ 3.85
Weighted average common shares outstanding - basic: (in shares)61,721,61463,662,51061,645,34163,607,711
Net income attributable to Generac Holdings Inc. per common share - diluted: (in dollars per share)$ 0.70$ 2.21$ 0.75$ 3.78
Weighted average common shares outstanding - diluted: (in shares)62,348,18464,713,74862,429,91164,799,002
Comprehensive income attributable to Generac Holdings Inc.$ 69,060$ 120,864$ 104,422$ 243,229
[1]Represents the write-off of original issue discount and capitalized debt issuance costs due to voluntary debt prepayment.

GNRC Balance Sheet

2023-06-30
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 192,768$ 132,723
Accounts receivable, less allowance for credit losses of $29,610 and $27,664 at June 30, 2023 and December 31, 2022, respectively540,332522,458
Inventories1,436,6191,405,384
Prepaid expenses and other current assets103,334121,783
Total current assets2,273,0532,182,348
Property and equipment, net505,026467,604
Customer lists, net200,478206,987
Patents and technology, net438,148454,757
Other intangible assets, net34,51541,719
Tradenames, net223,229227,251
Goodwill1,430,2831,400,880
Deferred income taxes13,95312,746
Operating lease and other non-current assets203,286175,170
Total assets5,321,9715,169,462
Current liabilities:  
Short-term borrowings77,88948,990
Accounts payable454,727446,050
Accrued wages and employee benefits53,41745,741
Accrued product warranty74,02589,141
Other accrued liabilities254,700349,389
Current portion of long-term borrowings and finance lease obligations22,06912,733
Total current liabilities936,827992,044
Long-term borrowings and finance lease obligations1,523,3101,369,085
Deferred income taxes114,990125,691
Operating lease and other long-term liabilities319,400312,916
Total liabilities2,894,5272,799,736
Redeemable noncontrolling interests5,688110,471
Stockholders' equity:  
Common stock, par value $0.01, 500,000,000 shares authorized, 73,097,016 and 72,701,257 shares issued at June 30, 2023 and December 31, 2022, respectively732728
Additional paid-in capital1,053,7591,016,138
Treasury stock, at cost, 10,858,348 and 11,284,350 shares at June 30, 2023 and December 31, 2022, respectively(779,892)(808,491)
Excess purchase price over predecessor basis(202,116)(202,116)
Retained earnings2,363,0152,316,224
Accumulated other comprehensive loss(16,216)(65,102)
Stockholders' equity attributable to Generac Holdings Inc.2,419,2822,257,381
Noncontrolling interests2,4741,874
Total stockholders' equity2,421,7562,259,255
Total liabilities and stockholders' equity$ 5,321,971$ 5,169,462
Aaron P. Jagdfeld
9540
Generac Holdings Inc. designs, manufactures, and sells power generation equipment, energy storage systems, and other power products for the residential, and light commercial and industrial markets worldwide. The company offers engines, alternators, batteries, electronic controls, steel enclosures, and other components. It also provides residential automatic standby generators ranging in output from 7.5kW to 150kW; air-cooled engine residential standby generators ranging from 7.5kW to 26kW; liquid-cooled engine generators with outputs ranging from 22kW to 150kW; and Mobile Link, a remote monitoring system for home standby generators. In addition, the company offers various portable generators ranging in size from 800W to 17.5kW; outdoor power equipment, such as trimmers, field and brush mowers, log splitters, stump grinders, chipper shredders, lawn and leaf vacuums, pressure washers, and water pumps; and clean energy solution under the PWRcell and PWRview brands. Further, it provides light towers, mobile generators, and mobile energy storage systems; commercial mobile pumps and dust-suppression equipment; various gaseous-engine control systems and accessories; light-commercial standby generators ranging from 22kW to 150kW and related transfer switches providing three-phase power for small and mid-sized businesses; and industrial generators ranging in output from 10kW to 3,250kW used as emergency backup for healthcare, telecom, datacom, commercial office, retail, municipal, and manufacturing markets. Additionally, the company sells aftermarket service parts and product accessories to dealers. It distributes its products through independent residential dealers, industrial distributors and dealers, national and regional retailers, e-commerce partners, electrical, HVAC and solar wholesalers, catalogs, equipment rental companies and distributors, and solar installers; and directly to end users. The company was founded in 1959 and is headquartered in Waukesha, Wisconsin.