Generac (GNRC) Financials

$114.52 +1.28 (+1.13%)

As of 03:59 PM Eastern

Annual Income Statements for Generac

This table shows Generac's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	78	97	158	238	252	351	550	400	215	316
Consolidated Net Income / (Loss)	78	97	160	241	252	347	557	409	217	317
Net Income / (Loss) Continuing Operations	78	97	160	241	252	347	557	409	217	317
Total Pre-Tax Income	123	154	204	311	320	446	692	508	290	409
Total Operating Income	180	203	251	357	372	479	721	566	386	537
Total Gross Profit	460	512	585	725	798	958	1,360	1,522	1,365	1,666
Total Revenue	1,317	1,448	1,679	2,023	2,204	2,485	3,737	4,565	4,023	4,296
Operating Revenue	1,317	1,448	1,679	2,023	2,204	2,485	3,737	4,565	4,023	4,296
Total Cost of Revenue	857	935	1,095	1,298	1,407	1,528	2,377	3,043	2,657	2,630
Operating Cost of Revenue	857	935	1,095	1,298	1,407	1,528	2,377	3,043	2,657	2,630
Total Operating Expenses	280	310	334	368	426	479	639	956	979	1,129
Selling, General & Admin Expense	53	75	88	104	109	118	144	196	253	285
Marketing Expense	130	165	175	192	218	246	319	496	448	526
Research & Development Expense	33	37	43	50	68	80	104	160	173	220
Amortization Expense	24	33	29	22	29	32	50	103	104	98
Total Other Income / (Expense), net	-57	-49	-47	-46	-53	-33	-30	-58	-96	-127
Interest Expense	48	45	43	42	42	33	34	55	98	95
Interest & Investment Income	0.12	0.04	0.30	1.89	2.77	2.18	1.42	1.13	4.27	-30
Other Income / (Expense), net	-9.06	-3.96	-4.57	-5.71	-13	-2.11	2.76	-4.17	-2.54	-2.33
Income Tax Expense	45	57	44	70	67	99	135	100	73	92
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	0.02	1.75	2.96	0.30	-3.36	6.08	9.37	2.51	0.66
Basic Earnings per Share	$1.14	$1.48	$2.56	$3.57	$4.09	$5.61	$8.51	$5.55	$3.31	$5.46
Weighted Average Basic Shares Outstanding	68.10M	64.91M	62.04M	61.66M	61.93M	62.28M	62.69M	63.12M	61.27M	59.56M
Diluted Earnings per Share	$1.12	$1.47	$2.53	$3.54	$4.03	$5.48	$8.30	$5.42	$3.27	$5.39
Weighted Average Diluted Shares Outstanding	69.20M	65.38M	62.64M	62.23M	62.87M	63.74M	64.25M	64.68M	62.06M	60.35M
Weighted Average Basic & Diluted Shares Outstanding	68.20M	65.40M	-7.89B	66.70M	62.57M	62.86M	63.78M	61.89M	60.27M	59.61M

This table shows Generac's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	58	71	12	45	60	97	26	59	114	117
Consolidated Net Income / (Loss)	60	74	14	46	61	97	26	59	114	118
Net Income / (Loss) Continuing Operations	60	74	14	46	61	97	26	59	114	118
Total Pre-Tax Income	72	87	22	61	80	127	39	79	147	145
Total Operating Income	88	107	44	86	105	151	67	103	169	198
Total Gross Profit	361	343	272	328	376	389	316	376	472	501
Total Revenue	1,088	1,049	888	1,000	1,071	1,064	889	998	1,174	1,235
Operating Revenue	1,088	1,049	888	1,000	1,071	1,064	889	998	1,174	1,235
Total Cost of Revenue	727	706	615	672	695	675	573	623	701	733
Operating Cost of Revenue	727	706	615	672	695	675	573	623	701	733
Total Operating Expenses	274	236	228	242	271	238	250	272	304	303
Selling, General & Admin Expense	37	64	60	56	83	54	67	65	77	76
Marketing Expense	170	108	101	116	118	114	109	128	145	144
Research & Development Expense	40	38	42	44	43	44	49	54	57	59
Amortization Expense	26	26	26	26	27	25	25	25	24	24
Total Other Income / (Expense), net	-15	-20	-22	-25	-25	-24	-28	-25	-21	-53
Interest Expense	16	16	23	25	25	25	24	23	28	20
Interest & Investment Income	0.45	0.51	0.69	0.94	1.16	1.48	-4.33	-0.28	6.96	-33
Other Income / (Expense), net	-0.42	-4.50	-0.17	-0.33	-1.17	-0.88	-0.42	-0.95	-0.58	-0.38
Income Tax Expense	12	14	7.85	16	19	30	12	20	33	27
Net Income / (Loss) Attributable to Noncontrolling Interest	2.18	2.88	1.73	0.32	0.26	0.21	0.25	-0.06	0.04	0.44
Basic Earnings per Share	$0.84	$0.86	$0.06	$0.70	$0.98	$1.57	$0.39	$0.99	$1.91	$2.17
Weighted Average Basic Shares Outstanding	63.25M	63.12M	61.56M	61.72M	61.37M	61.27M	59.85M	59.88M	59.49M	59.56M
Diluted Earnings per Share	$0.83	$0.81	$0.05	$0.70	$0.97	$1.55	$0.39	$0.97	$1.89	$2.14
Weighted Average Diluted Shares Outstanding	64.27M	64.68M	62.29M	62.35M	62.09M	62.06M	60.49M	60.64M	60.31M	60.35M
Weighted Average Basic & Diluted Shares Outstanding	63.36M	61.89M	62.19M	62.24M	61.43M	60.27M	60.61M	60.15M	59.50M	59.61M

This table details how cash moves in and out of Generac's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	-74	-49	71	86	98	332	-508	-15	68	80
Net Cash From Operating Activities	189	241	257	247	309	487	411	59	522	741
Net Cash From Continuing Operating Activities	189	241	257	247	309	487	411	59	517	741
Net Income / (Loss) Continuing Operations	78	97	160	241	252	347	557	409	217	317
Consolidated Net Income / (Loss)	78	97	160	241	252	347	557	409	217	317
Depreciation Expense	17	21	23	25	32	36	42	53	62	74
Amortization Expense	29	37	32	27	33	35	52	107	108	101
Non-Cash Adjustments To Reconcile Net Income	47	5.23	7.46	16	27	21	-11	34	35	93
Changes in Operating Assets and Liabilities, net	18	80	35	-63	-36	47	-229	-544	94	156
Net Cash From Investing Activities	-104	-94	-28	-109	-170	-124	-817	-134	-178	-209
Net Cash From Continuing Investing Activities	-104	-94	-28	-109	-170	-124	-817	-134	-178	-209
Purchase of Property, Plant & Equipment	-31	-30	-33	-48	-61	-62	-110	-86	-129	-137
Acquisitions	-74	-77	-	-65	-112	-65	-717	-40	-23	-36
Purchase of Investments	-	-	-	-	-	0.00	0.00	-15	-33	-38
Sale of Property, Plant & Equipment	0.11	1.36	0.08	0.21	0.10	0.18	0.26	2.08	2.90	0.21
Sale and/or Maturity of Investments	-	-	-	-	0.00	0.00	4.97	1.31	0.00	2.00
Other Investing Activities, net	-	12	3.79	3.93	2.63	2.65	4.61	3.57	3.29	0.00
Net Cash From Financing Activities	-154	-196	-160	-52	-42	-30	-103	64	-277	-449
Net Cash From Continuing Financing Activities	-154	-196	-160	-52	-42	-30	-103	64	-277	-449
Repayment of Debt	-176	-70	-236	-131	-114	-282	-349	-821	-326	-853
Repurchase of Common Equity	-100	-150	-30	-26	0.00	0.00	-153	-346	-356	-162
Payment of Dividends	-1.44	-0.08	0.00	-0.31	-0.29	0.00	0.00	-0.31	0.00	-0.27
Issuance of Debt	126	29	105	105	75	258	423	1,274	413	571
Other Financing Activities, net	-3.40	-4.47	1.06	-0.05	-2.59	-5.82	-24	-43	-8.06	-4.63
Effect of Exchange Rate Changes	-3.71	-0.47	2.15	-0.29	1.51	0.24	1.31	-2.94	-	-3.47
Cash Interest Paid	40	42	41	41	35	29	28	49	84	89
Cash Income Taxes Paid	6.09	8.89	24	41	62	62	157	151	100	149

This table details how cash moves in and out of Generac's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	-237	-97	4.64	55	-31	39	48	-31	-4.14	67
Net Cash From Operating Activities	-56	101	-19	83	140	317	112	78	212	339
Net Cash From Continuing Operating Activities	-56	101	-19	83	140	312	112	78	212	339
Net Income / (Loss) Continuing Operations	60	74	14	46	61	97	26	59	114	118
Consolidated Net Income / (Loss)	60	74	14	46	61	97	26	59	114	118
Depreciation Expense	13	14	14	15	16	17	17	18	19	20
Amortization Expense	27	27	27	27	28	26	26	26	25	25
Non-Cash Adjustments To Reconcile Net Income	15	17	9.21	10	9.69	5.98	21	14	14	45
Changes in Operating Assets and Liabilities, net	-172	-31	-83	-15	26	166	22	-39	41	133
Net Cash From Investing Activities	-22	-49	-41	-34	-23	-80	-27	-47	-68	-67
Net Cash From Continuing Investing Activities	-22	-49	-41	-34	-23	-80	-27	-47	-68	-67
Purchase of Property, Plant & Equipment	-18	-21	-24	-30	-24	-51	-27	-28	-29	-53
Acquisitions	-4.70	-14	-16	-6.63	0.21	-	-1.63	-18	-3.97	-13
Purchase of Investments	-	-15	-2.00	-	-0.59	-30	1.76	-1.66	-37	-0.70
Sale of Property, Plant & Equipment	0.17	0.03	0.08	1.72	0.13	0.96	0.05	0.03	0.06	0.07
Net Cash From Financing Activities	-151	-151	64	5.82	-147	-200	-36	-60	-150	-202
Net Cash From Continuing Financing Activities	-151	-151	64	5.82	-147	-200	-36	-60	-150	-202
Repayment of Debt	-33	-30	-119	-63	-77	-67	-26	-28	-559	-240
Issuance of Debt	21	102	287	77	30	19	9.44	14	512	35
Other Financing Activities, net	-15	-0.29	-0.21	-7.73	0.03	-0.15	-11	4.41	-0.54	2.63
Effect of Exchange Rate Changes	-	1.92	0.81	0.59	-1.31	-	-0.57	-1.14	1.40	-3.16

This table presents Generac's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	1,779	1,862	2,026	2,426	2,666	3,235	4,878	5,169	5,093	5,109
Total Current Assets	632	684	825	1,121	1,196	1,670	1,848	2,182	1,998	2,032
Cash & Equivalents	116	67	138	224	323	655	147	133	201	281
Accounts Receivable	182	242	279	326	320	375	546	522	537	612
Inventories, net	325	350	387	545	522	603	1,090	1,405	1,167	1,032
Prepaid Expenses	8.60	25	20	25	31	36	65	122	92	107
Plant, Property, & Equipment, net	184	213	230	279	317	344	441	468	599	690
Total Noncurrent Assets	962	965	971	1,027	1,153	1,222	2,588	2,520	2,497	2,387
Goodwill	670	705	722	765	805	855	1,410	1,401	1,432	1,436
Intangible Assets	257	255	236	246	298	292	1,041	931	846	759
Noncurrent Deferred & Refundable Income Taxes	35	3.34	3.24	0.16	2.93	1.50	16	13	16	24
Other Noncurrent Operating Assets	0.96	2.23	11	15	47	73	122	175	203	168
Total Liabilities & Shareholders' Equity	1,779	1,862	2,026	2,426	2,666	3,235	4,878	5,169	5,093	5,109
Total Liabilities	1,313	1,427	1,428	1,604	1,572	1,779	2,606	2,800	2,744	2,612
Total Current Liabilities	213	342	396	561	497	642	1,156	992	881	1,033
Short-Term Debt	9.25	46	22	48	61	43	78	62	128	123
Accounts Payable	108	182	234	328	262	330	674	446	341	459
Accrued Expenses	83	93	113	144	133	205	332	439	357	370
Current Employee Benefit Liabilities	13	21	28	41	41	63	72	46	55	81
Total Noncurrent Liabilities	1,100	1,085	1,031	1,043	1,075	1,137	1,450	1,808	1,863	1,579
Long-Term Debt	1,037	1,007	907	876	838	842	902	1,369	1,448	1,211
Noncurrent Deferred Revenue	-	-	-	-	-	-	-	144	167	193
Noncurrent Deferred & Payable Income Tax Liabilities	4.95	17	42	71	96	116	206	126	90	33
Other Noncurrent Operating Liabilities	57	61	83	96	140	180	342	169	158	142
Redeemable Noncontrolling Interest	0.00	33	44	61	61	66	58	110	6.55	0.00
Total Equity & Noncontrolling Interests	466	401	554	761	1,033	1,390	2,214	2,259	2,343	2,497
Total Preferred & Common Equity	466	401	554	761	1,032	1,390	2,214	2,257	2,340	2,494
Total Common Equity	466	401	554	761	1,032	1,390	2,214	2,257	2,340	2,494
Common Stock	444	450	461	477	500	526	954	1,017	1,071	1,134
Retained Earnings	358	456	611	831	1,084	1,433	1,966	2,316	2,519	2,844
Treasury Stock	-112	-262	-294	-321	-325	-332	-449	-808	-1,033	-1,197
Accumulated Other Comprehensive Income / (Loss)	-22	-40	-21	-24	-25	-34	-55	-65	-15	-85
Other Equity Adjustments	-202	-202	-202	-202	-202	-202	-202	-202	-202	-202
Noncontrolling Interest	0.00	-0.01	0.28	0.71	0.47	-0.09	0.31	1.87	2.82	3.17

This table presents Generac's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Total Assets	5,246	5,169	5,211	5,322	5,166	5,093	5,130	5,119	5,187	5,109
Total Current Assets	2,313	2,182	2,186	2,273	2,167	1,998	2,054	2,056	2,073	2,032
Cash & Equivalents	230	133	137	193	162	201	249	218	214	281
Accounts Receivable	543	522	490	540	589	537	521	610	659	612
Inventories, net	1,425	1,405	1,438	1,437	1,311	1,167	1,182	1,152	1,096	1,032
Prepaid Expenses	116	122	120	103	105	92	101	75	105	107
Plant, Property, & Equipment, net	450	468	490	505	512	599	605	623	640	690
Total Noncurrent Assets	2,483	2,520	2,535	2,544	2,487	2,497	2,470	2,440	2,474	2,387
Goodwill	1,360	1,401	1,426	1,430	1,418	1,432	1,429	1,433	1,454	1,436
Intangible Assets	933	931	911	896	864	846	822	799	790	759
Noncurrent Deferred & Refundable Income Taxes	16	13	8.32	14	17	16	16	17	12	24
Other Noncurrent Operating Assets	174	175	190	203	188	203	203	191	218	168
Total Liabilities & Shareholders' Equity	5,246	5,169	5,211	5,322	5,166	5,093	5,130	5,119	5,187	5,109
Total Liabilities	2,840	2,800	2,866	2,895	2,794	2,744	2,750	2,746	2,774	2,612
Total Current Liabilities	1,105	992	910	937	900	881	898	913	1,019	1,033
Short-Term Debt	73	62	82	100	112	128	122	117	165	123
Accounts Payable	524	446	426	455	394	341	381	406	425	459
Accrued Expenses	455	439	354	329	338	357	349	328	352	370
Current Employee Benefit Liabilities	54	46	48	53	56	55	46	61	78	81
Total Noncurrent Liabilities	1,735	1,808	1,956	1,958	1,894	1,863	1,852	1,833	1,755	1,579
Long-Term Debt	1,283	1,369	1,527	1,523	1,465	1,448	1,440	1,445	1,361	1,211
Noncurrent Deferred Revenue	-	144	-	-	160	167	173	176	186	193
Noncurrent Deferred & Payable Income Tax Liabilities	132	126	110	115	113	90	85	71	62	33
Other Noncurrent Operating Liabilities	320	169	318	319	155	158	155	142	146	142
Redeemable Noncontrolling Interest	87	110	3.81	5.69	5.64	6.55	9.12	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,320	2,259	2,341	2,422	2,366	2,343	2,370	2,373	2,412	2,497
Total Preferred & Common Equity	2,319	2,257	2,339	2,419	2,364	2,340	2,367	2,370	2,409	2,494
Total Common Equity	2,319	2,257	2,339	2,419	2,364	2,340	2,367	2,370	2,409	2,494
Common Stock	977	1,017	1,044	1,054	1,065	1,071	1,083	1,102	1,116	1,134
Retained Earnings	2,264	2,316	2,320	2,363	2,423	2,519	2,543	2,602	2,716	2,844
Treasury Stock	-599	-808	-780	-780	-881	-1,033	-1,037	-1,088	-1,192	-1,197
Accumulated Other Comprehensive Income / (Loss)	-120	-65	-42	-16	-42	-15	-19	-44	-28	-85
Other Equity Adjustments	-202	-202	-202	-202	-202	-202	-202	-202	-202	-202
Noncontrolling Interest	1.08	1.87	2.22	2.47	2.58	2.82	2.91	2.81	3.02	3.17

This table displays calculated financial ratios and metrics derived from Generac's official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-9.83%	9.90%	16.00%	20.49%	8.94%	12.74%	50.38%	22.14%	-11.88%	6.79%
EBITDA Growth	-38.01%	18.91%	17.27%	33.84%	5.28%	29.05%	49.26%	-11.85%	-23.20%	28.02%
EBIT Growth	-44.56%	16.60%	23.78%	42.83%	2.23%	32.75%	51.76%	-22.34%	-31.75%	39.30%
NOPAT Growth	-42.75%	12.93%	53.14%	41.08%	6.07%	26.90%	55.67%	-21.54%	-36.57%	43.86%
Net Income Growth	-55.47%	24.99%	64.19%	51.18%	4.60%	37.62%	60.29%	-26.54%	-46.90%	45.99%
EPS Growth	-55.02%	31.25%	72.11%	39.92%	13.84%	35.98%	51.46%	-34.70%	-39.67%	64.83%
Operating Cash Flow Growth	-25.44%	27.84%	6.72%	-3.92%	24.94%	57.51%	-15.49%	-85.77%	791.50%	42.10%
Free Cash Flow Firm Growth	-45.80%	17.73%	117.52%	-36.88%	1.21%	145.00%	-335.11%	87.16%	316.46%	152.99%
Invested Capital Growth	1.79%	1.68%	-2.21%	9.60%	9.75%	0.98%	84.10%	18.13%	1.53%	-4.66%
Revenue Q/Q Growth	-3.39%	4.54%	4.84%	3.33%	1.26%	7.35%	8.92%	-0.39%	0.36%	4.15%
EBITDA Q/Q Growth	-19.35%	24.62%	7.17%	2.71%	-1.55%	16.65%	1.83%	-7.98%	9.19%	7.35%
EBIT Q/Q Growth	-23.63%	32.40%	8.62%	3.40%	-3.33%	19.58%	0.57%	-11.49%	12.83%	9.77%
NOPAT Q/Q Growth	-27.51%	32.23%	32.62%	-2.46%	0.28%	13.07%	4.17%	-12.32%	8.99%	12.11%
Net Income Q/Q Growth	-34.09%	46.46%	35.97%	-2.24%	-2.61%	18.84%	3.92%	-14.99%	11.80%	7.04%
EPS Q/Q Growth	-33.33%	47.00%	36.76%	-2.75%	-1.95%	18.36%	0.85%	-18.37%	29.25%	12.29%
Operating Cash Flow Q/Q Growth	0.69%	-0.06%	10.81%	-10.33%	27.62%	9.73%	-27.57%	201.63%	70.71%	3.13%
Free Cash Flow Firm Q/Q Growth	111.43%	7.50%	10.21%	-19.00%	59.55%	-9.60%	-864.77%	84.63%	2,295.62%	35.58%
Invested Capital Q/Q Growth	-5.92%	-4.31%	-2.58%	-0.66%	-3.67%	1.04%	34.23%	3.84%	-1.68%	-4.65%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	34.92%	35.39%	34.82%	35.83%	36.19%	38.53%	36.39%	33.34%	33.94%	38.77%
EBITDA Margin	16.42%	17.76%	17.96%	19.95%	19.28%	22.07%	21.90%	15.81%	13.78%	16.51%
Operating Margin	13.63%	14.00%	14.92%	17.65%	16.88%	19.28%	19.30%	12.41%	9.60%	12.49%
EBIT Margin	12.94%	13.73%	14.65%	17.37%	16.30%	19.19%	19.37%	12.32%	9.54%	12.44%
Profit (Net Income) Margin	5.90%	6.71%	9.50%	11.92%	11.45%	13.97%	14.89%	8.96%	5.40%	7.38%
Tax Burden Percent	63.22%	63.23%	78.33%	77.54%	78.94%	77.82%	80.48%	80.41%	74.79%	77.42%
Interest Burden Percent	72.13%	77.31%	82.78%	88.51%	88.95%	93.54%	95.53%	90.45%	75.67%	76.61%
Effective Tax Rate	36.78%	36.77%	21.67%	22.46%	21.06%	22.18%	19.52%	19.59%	25.21%	22.58%
Return on Invested Capital (ROIC)	8.20%	9.10%	13.98%	19.03%	18.41%	22.22%	24.23%	13.45%	7.82%	11.42%
ROIC Less NNEP Spread (ROIC-NNEP)	4.25%	5.87%	9.84%	14.23%	11.90%	15.86%	19.74%	9.08%	2.45%	3.30%
Return on Net Nonoperating Assets (RNNOA)	8.07%	12.49%	16.93%	14.93%	7.92%	5.01%	5.63%	4.17%	1.39%	1.65%
Return on Equity (ROE)	16.27%	21.59%	30.91%	33.96%	26.33%	27.23%	29.85%	17.62%	9.20%	13.08%
Cash Return on Invested Capital (CROIC)	6.43%	7.43%	16.22%	9.88%	9.12%	21.24%	-34.98%	-3.18%	6.30%	16.19%
Operating Return on Assets (OROA)	9.31%	10.92%	12.66%	15.79%	14.11%	16.17%	17.84%	11.19%	7.48%	10.48%
Return on Assets (ROA)	4.25%	5.34%	8.21%	10.84%	9.91%	11.77%	13.72%	8.14%	4.23%	6.21%
Return on Common Equity (ROCE)	16.27%	20.80%	28.59%	31.43%	24.64%	25.86%	28.86%	16.97%	8.96%	13.05%
Return on Equity Simple (ROE_SIMPLE)	16.69%	24.23%	28.80%	31.72%	24.44%	24.97%	25.14%	18.11%	9.28%	12.71%
Net Operating Profit after Tax (NOPAT)	114	128	196	277	294	373	580	455	289	416
NOPAT Margin	8.62%	8.85%	11.69%	13.69%	13.33%	15.00%	15.53%	9.98%	7.18%	9.67%
Net Nonoperating Expense Percent (NNEP)	3.95%	3.24%	4.14%	4.80%	6.51%	6.36%	4.48%	4.37%	5.37%	8.12%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	-	-	12.34%	7.37%	10.84%
Cost of Revenue to Revenue	65.08%	64.61%	65.18%	64.17%	63.81%	61.47%	63.61%	66.66%	66.06%	61.23%
SG&A Expenses to Revenue	4.02%	5.16%	5.22%	5.13%	4.95%	4.76%	3.86%	4.30%	6.30%	6.64%
R&D to Revenue	2.50%	2.57%	2.55%	2.47%	3.10%	3.23%	2.79%	3.50%	4.31%	5.11%
Operating Expenses to Revenue	21.29%	21.39%	19.90%	18.18%	19.31%	19.26%	17.10%	20.94%	24.34%	26.28%
Earnings before Interest and Taxes (EBIT)	170	199	246	351	359	477	724	562	384	534
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	216	257	302	404	425	548	819	722	554	709
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.29	6.48	5.56	4.06	6.09	10.28	10.03	2.83	3.39	3.70
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	58.80	0.00	0.00	128.49	30.80
Price to Revenue (P/Rev)	1.52	1.80	1.83	1.52	2.85	5.75	5.94	1.40	1.97	2.15
Price to Earnings (P/E)	25.72	26.77	19.51	12.95	24.96	40.76	40.33	15.96	37.00	29.16
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	3.89%	3.74%	5.13%	7.72%	4.01%	2.45%	2.48%	6.26%	2.70%	3.43%
Enterprise Value to Invested Capital (EV/IC)	2.10	2.55	2.82	2.53	4.15	8.65	7.44	2.12	2.50	2.90
Enterprise Value to Revenue (EV/Rev)	2.22	2.50	2.33	1.90	3.14	5.87	6.18	1.71	2.32	2.39
Enterprise Value to EBITDA (EV/EBITDA)	13.55	14.08	12.97	9.53	16.31	26.60	28.21	10.79	16.82	14.49
Enterprise Value to EBIT (EV/EBIT)	17.18	18.21	15.90	10.94	19.28	30.58	31.90	13.85	24.30	19.24
Enterprise Value to NOPAT (EV/NOPAT)	25.81	28.23	19.93	13.88	23.58	39.12	39.79	17.10	32.28	24.74
Enterprise Value to Operating Cash Flow (EV/OCF)	15.53	15.01	15.21	15.55	22.43	29.98	56.17	133.09	17.87	13.87
Enterprise Value to Free Cash Flow (EV/FCFF)	32.95	34.57	17.18	26.76	47.63	40.93	0.00	0.00	40.05	17.46
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	2.25	2.42	1.55	1.12	0.82	0.61	0.43	0.60	0.67	0.53
Long-Term Debt to Equity	2.23	2.32	1.52	1.07	0.77	0.58	0.40	0.58	0.62	0.48
Financial Leverage	1.90	2.13	1.72	1.05	0.67	0.32	0.29	0.46	0.57	0.50
Leverage Ratio	3.83	4.04	3.77	3.13	2.66	2.31	2.18	2.16	2.17	2.10
Compound Leverage Factor	2.76	3.13	3.12	2.77	2.36	2.16	2.08	1.96	1.65	1.61
Debt to Total Capital	69.19%	70.80%	60.82%	52.91%	45.10%	37.80%	30.14%	37.65%	40.13%	34.82%
Short-Term Debt to Total Capital	0.61%	3.10%	1.45%	2.72%	3.07%	1.85%	2.40%	1.62%	3.25%	3.22%
Long-Term Debt to Total Capital	68.58%	67.70%	59.37%	50.19%	42.04%	35.95%	27.74%	36.02%	36.88%	31.60%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	2.23%	2.90%	3.53%	3.10%	2.82%	1.79%	2.96%	0.24%	0.08%
Common Equity to Total Capital	30.81%	26.97%	36.28%	43.55%	51.80%	59.37%	68.07%	59.40%	59.63%	65.10%
Debt to EBITDA	4.84	4.09	3.08	2.29	2.12	1.61	1.20	1.98	2.84	1.88
Net Debt to EBITDA	4.30	3.83	2.62	1.73	1.36	0.42	1.02	1.80	2.48	1.48
Long-Term Debt to EBITDA	4.80	3.92	3.01	2.17	1.97	1.54	1.10	1.90	2.61	1.71
Debt to NOPAT	9.22	8.21	4.73	3.34	3.06	2.37	1.69	3.14	5.45	3.21
Net Debt to NOPAT	8.20	7.69	4.03	2.53	1.96	0.62	1.43	2.85	4.76	2.53
Long-Term Debt to NOPAT	9.14	7.85	4.62	3.16	2.85	2.26	1.55	3.01	5.01	2.91
Altman Z-Score	2.54	2.79	3.20	3.22	4.56	7.08	7.10	3.51	3.73	4.32
Noncontrolling Interest Sharing Ratio	0.00%	3.68%	7.49%	7.46%	6.44%	5.01%	3.34%	3.68%	2.58%	0.26%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.96	2.00	2.08	2.00	2.41	2.60	1.60	2.20	2.27	1.97
Quick Ratio	1.40	0.90	1.05	0.98	1.29	1.61	0.60	0.66	0.84	0.86
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	89	105	228	144	145	356	-838	-108	233	589
Operating Cash Flow to CapEx	617.49%	828.40%	775.56%	521.72%	508.82%	785.38%	374.69%	69.57%	413.49%	542.99%
Free Cash Flow to Firm to Interest Expense	1.87	2.32	5.34	3.40	3.43	10.80	-24.80	-1.96	2.38	6.23
Operating Cash Flow to Interest Expense	3.96	5.34	6.03	5.85	7.27	14.75	12.17	1.07	5.34	7.84
Operating Cash Flow Less CapEx to Interest Expense	3.32	4.70	5.25	4.73	5.84	12.87	8.92	-0.47	4.05	6.39
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.72	0.80	0.86	0.91	0.87	0.84	0.92	0.91	0.78	0.84
Accounts Receivable Turnover	7.10	6.83	6.44	6.68	6.83	7.16	8.11	8.54	7.59	7.47
Inventory Turnover	2.66	2.77	2.97	2.79	2.64	2.71	2.81	2.44	2.07	2.39
Fixed Asset Turnover	7.46	7.29	7.58	7.95	7.40	7.52	9.52	10.05	7.55	6.67
Accounts Payable Turnover	7.13	6.45	5.27	4.62	4.77	5.16	4.73	5.43	6.75	6.58
Days Sales Outstanding (DSO)	51.44	53.45	56.63	54.60	53.46	51.00	44.99	42.74	48.08	48.83
Days Inventory Outstanding (DIO)	137.25	131.73	122.84	130.97	138.41	134.45	129.98	149.65	176.71	152.59
Days Payable Outstanding (DPO)	51.21	56.56	69.22	78.95	76.56	70.75	77.12	67.19	54.04	55.47
Cash Conversion Cycle (CCC)	137.48	128.63	110.26	106.62	115.31	114.69	97.86	125.20	170.75	145.95
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,396	1,420	1,388	1,522	1,670	1,686	3,105	3,668	3,724	3,550
Invested Capital Turnover	0.95	1.03	1.20	1.39	1.38	1.48	1.56	1.35	1.09	1.18
Increase / (Decrease) in Invested Capital	25	24	-31	133	148	16	1,418	563	56	-173
Enterprise Value (EV)	2,930	3,620	3,913	3,846	6,929	14,587	23,094	7,788	9,323	10,281
Market Capitalization	1,999	2,601	3,078	3,084	6,291	14,291	22,203	6,377	7,939	9,225
Book Value per Share	$6.94	$6.28	$8.91	$12.26	$16.51	$22.12	$35.09	$35.63	$38.10	$41.92
Tangible Book Value per Share	($6.86)	($8.75)	($6.49)	($4.04)	($1.13)	$3.87	($3.76)	($1.17)	$1.01	$5.03
Total Capital	1,512	1,487	1,527	1,746	1,993	2,342	3,252	3,801	3,925	3,832
Total Debt	1,046	1,053	929	924	899	885	980	1,431	1,575	1,334
Total Long-Term Debt	1,037	1,007	907	876	838	842	902	1,369	1,448	1,211
Net Debt	931	986	790	699	576	230	833	1,298	1,374	1,053
Capital Expenditures (CapEx)	31	29	33	47	61	62	110	84	126	137
Debt-free, Cash-free Net Working Capital (DFCFNWC)	312	320	312	383	437	417	623	1,119	1,044	841
Debt-free Net Working Capital (DFNWC)	428	388	450	608	760	1,072	771	1,252	1,245	1,122
Net Working Capital (NWC)	419	342	428	560	699	1,028	693	1,190	1,117	999
Net Nonoperating Expense (NNE)	36	31	37	36	41	26	24	47	72	99
Net Nonoperating Obligations (NNO)	931	986	790	699	576	230	833	1,298	1,374	1,053
Total Depreciation and Amortization (D&A)	46	58	56	52	66	71	95	159	170	175
Debt-free, Cash-free Net Working Capital to Revenue	23.70%	22.14%	18.57%	18.93%	19.82%	16.76%	16.68%	24.52%	25.94%	19.58%
Debt-free Net Working Capital to Revenue	32.49%	26.78%	26.81%	30.03%	34.47%	43.12%	20.62%	27.43%	30.94%	26.13%
Net Working Capital to Revenue	31.79%	23.59%	25.49%	27.68%	31.70%	41.37%	18.53%	26.08%	27.77%	23.26%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.14	$1.51	$2.58	$3.57	$4.09	$5.61	$8.51	$5.55	$3.31	$5.46
Adjusted Weighted Average Basic Shares Outstanding	68.10M	64.91M	62.04M	61.66M	61.93M	62.28M	62.69M	63.12M	61.27M	59.56M
Adjusted Diluted Earnings per Share	$1.12	$1.50	$2.56	$3.54	$4.03	$5.48	$8.30	$5.42	$3.27	$5.39
Adjusted Weighted Average Diluted Shares Outstanding	69.20M	65.38M	62.64M	62.23M	62.87M	63.74M	64.25M	64.68M	62.06M	60.35M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	66.37M	62.74M	62.33M	62.13M	62.57M	62.86M	63.78M	61.89M	60.27M	59.61M
Normalized Net Operating Profit after Tax (NOPAT)	139	128	196	277	295	374	598	455	289	416
Normalized NOPAT Margin	10.57%	8.85%	11.69%	13.69%	13.39%	15.05%	15.99%	9.98%	7.18%	9.67%
Pre Tax Income Margin	9.34%	10.62%	12.13%	15.37%	14.50%	17.95%	18.50%	11.14%	7.22%	9.53%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.58	4.40	5.77	8.31	8.46	14.46	21.43	10.25	3.93	5.65
NOPAT to Interest Expense	2.38	2.84	4.60	6.55	6.92	11.30	17.18	8.31	2.96	4.39
EBIT Less CapEx to Interest Expense	2.94	3.76	4.99	7.19	7.03	12.58	18.18	8.72	2.64	4.21
NOPAT Less CapEx to Interest Expense	1.74	2.20	3.82	5.43	5.49	9.42	13.93	6.77	1.67	2.95
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	1.85%	0.08%	0.00%	0.13%	0.11%	0.00%	0.00%	0.08%	0.00%	0.09%
Augmented Payout Ratio	130.39%	154.37%	18.81%	10.77%	0.11%	0.00%	27.52%	84.75%	164.13%	51.15%

This table displays calculated financial ratios and metrics derived from Generac's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	15.44%	-1.67%	-21.83%	-22.53%	-1.62%	1.38%	0.15%	-0.22%	9.61%	16.09%
EBITDA Growth	-35.42%	-30.43%	-56.09%	-50.27%	15.95%	35.22%	28.28%	14.30%	43.58%	25.11%
EBIT Growth	-49.70%	-41.53%	-71.40%	-60.60%	18.95%	46.10%	49.94%	19.43%	62.19%	31.68%
NOPAT Growth	-47.30%	-41.08%	-76.98%	-62.08%	8.05%	27.22%	60.64%	21.61%	64.22%	39.42%
Net Income Growth	-54.47%	-49.38%	-87.89%	-71.13%	0.31%	31.02%	86.98%	29.74%	87.65%	21.55%
EPS Growth	-56.99%	-60.10%	-96.82%	-68.33%	16.87%	91.36%	680.00%	38.57%	94.85%	38.06%
Operating Cash Flow Growth	-175.32%	63.34%	-82.99%	248.84%	350.04%	214.22%	702.93%	-6.59%	51.49%	7.10%
Free Cash Flow Firm Growth	-126.99%	62.65%	63.37%	63.15%	84.64%	112.54%	132.90%	156.17%	210.32%	464.18%
Invested Capital Growth	52.70%	18.13%	16.88%	13.36%	7.23%	1.53%	-3.30%	-3.69%	-1.68%	-4.66%
Revenue Q/Q Growth	-15.73%	-3.59%	-15.38%	12.67%	7.02%	-0.65%	-16.40%	12.25%	17.57%	5.22%
EBITDA Q/Q Growth	-50.51%	12.48%	-41.97%	50.03%	15.40%	31.17%	-43.51%	33.68%	44.96%	14.29%
EBIT Q/Q Growth	-59.92%	17.94%	-58.38%	93.25%	20.98%	44.86%	-55.73%	53.93%	64.29%	17.61%
NOPAT Q/Q Growth	-56.29%	23.36%	-68.41%	122.60%	24.56%	45.25%	-60.11%	68.51%	68.20%	23.31%
Net Income Q/Q Growth	-61.65%	22.24%	-80.84%	221.41%	33.22%	59.66%	-72.65%	123.03%	92.67%	3.42%
EPS Q/Q Growth	-62.44%	-2.41%	-93.83%	1,300.00%	38.57%	59.79%	-74.84%	148.72%	94.85%	13.23%
Operating Cash Flow Q/Q Growth	-335.14%	279.98%	-118.40%	548.01%	68.54%	126.17%	-64.69%	-30.59%	173.34%	59.90%
Free Cash Flow Firm Q/Q Growth	-7.93%	58.77%	-10.64%	25.17%	55.01%	133.66%	190.33%	27.76%	-11.65%	72.15%
Invested Capital Q/Q Growth	3.79%	3.84%	4.08%	1.06%	-1.83%	-1.68%	-0.87%	0.66%	0.21%	-4.65%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	33.18%	32.71%	30.69%	32.83%	35.10%	36.55%	35.58%	37.62%	40.24%	40.61%
EBITDA Margin	11.69%	13.64%	9.60%	12.78%	13.78%	18.19%	12.29%	14.64%	18.05%	19.61%
Operating Margin	8.04%	10.22%	5.01%	8.59%	9.79%	14.19%	7.52%	10.34%	14.37%	16.04%
EBIT Margin	8.00%	9.79%	4.99%	8.56%	9.68%	14.11%	7.47%	10.25%	14.32%	16.01%
Profit (Net Income) Margin	5.55%	7.04%	1.59%	4.55%	5.66%	9.10%	2.98%	5.92%	9.70%	9.53%
Tax Burden Percent	83.91%	84.49%	64.34%	74.10%	75.73%	76.35%	68.75%	75.04%	77.28%	81.15%
Interest Burden Percent	82.71%	85.13%	49.66%	71.72%	77.27%	84.49%	57.96%	76.93%	87.61%	73.37%
Effective Tax Rate	16.09%	15.51%	35.66%	25.90%	24.27%	23.66%	31.25%	24.96%	22.72%	18.85%
Return on Invested Capital (ROIC)	10.58%	11.64%	3.93%	7.06%	8.12%	11.79%	5.54%	8.24%	12.20%	15.37%
ROIC Less NNEP Spread (ROIC-NNEP)	8.97%	10.07%	2.70%	5.50%	6.64%	10.41%	4.14%	6.91%	10.98%	11.83%
Return on Net Nonoperating Assets (RNNOA)	3.41%	4.62%	1.35%	2.60%	3.53%	5.90%	2.44%	4.00%	6.26%	5.92%
Return on Equity (ROE)	14.00%	16.26%	5.28%	9.66%	11.65%	17.69%	7.98%	12.24%	18.45%	21.29%
Cash Return on Invested Capital (CROIC)	-23.94%	-3.18%	-5.32%	-5.37%	0.27%	6.30%	11.49%	12.19%	11.57%	16.19%
Operating Return on Assets (OROA)	7.85%	8.90%	4.16%	6.39%	7.45%	11.06%	5.82%	7.89%	11.41%	13.48%
Return on Assets (ROA)	5.45%	6.40%	1.33%	3.39%	4.36%	7.14%	2.32%	4.56%	7.73%	8.02%
Return on Common Equity (ROCE)	13.56%	15.66%	5.19%	9.48%	11.42%	17.23%	7.95%	12.21%	18.41%	21.24%
Return on Equity Simple (ROE_SIMPLE)	20.74%	0.00%	13.09%	8.02%	8.22%	0.00%	9.69%	10.25%	12.29%	0.00%
Net Operating Profit after Tax (NOPAT)	73	91	29	64	79	115	46	77	130	161
NOPAT Margin	6.75%	8.63%	3.22%	6.37%	7.41%	10.84%	5.17%	7.76%	11.10%	13.01%
Net Nonoperating Expense Percent (NNEP)	1.61%	1.57%	1.23%	1.56%	1.47%	1.38%	1.40%	1.33%	1.21%	3.54%
Return On Investment Capital (ROIC_SIMPLE)	-	2.46%	-	-	-	2.94%	-	-	-	4.19%
Cost of Revenue to Revenue	66.82%	67.29%	69.31%	67.17%	64.90%	63.45%	64.42%	62.38%	59.76%	59.39%
SG&A Expenses to Revenue	3.44%	6.13%	6.72%	5.63%	7.76%	5.10%	7.51%	6.55%	6.58%	6.13%
R&D to Revenue	3.67%	3.66%	4.71%	4.39%	4.05%	4.17%	5.56%	5.41%	4.85%	4.80%
Operating Expenses to Revenue	25.14%	22.49%	25.68%	24.23%	25.31%	22.35%	28.06%	27.28%	25.87%	24.57%
Earnings before Interest and Taxes (EBIT)	87	103	44	86	104	150	66	102	168	198
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	127	143	85	128	148	194	109	146	212	242
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.90	2.83	2.86	3.83	2.87	3.39	3.27	3.38	3.97	3.70
Price to Tangible Book Value (P/TBV)	442.38	0.00	3,166.49	100.13	82.76	128.49	66.65	58.19	57.68	30.80
Price to Revenue (P/Rev)	2.48	1.40	1.55	2.30	1.69	1.97	1.93	1.99	2.32	2.15
Price to Earnings (P/E)	24.12	15.96	22.43	49.62	35.88	37.00	33.93	33.07	32.32	29.16
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	4.15%	6.26%	4.46%	2.02%	2.79%	2.70%	2.95%	3.02%	3.09%	3.43%
Enterprise Value to Invested Capital (EV/IC)	3.56	2.12	2.14	2.78	2.17	2.50	2.46	2.52	2.92	2.90
Enterprise Value to Revenue (EV/Rev)	2.75	1.71	1.89	2.66	2.05	2.32	2.25	2.33	2.64	2.39
Enterprise Value to EBITDA (EV/EBITDA)	16.05	10.79	13.24	21.99	16.17	16.82	15.69	15.69	16.45	14.49
Enterprise Value to EBIT (EV/EBIT)	19.81	13.85	17.93	33.11	24.13	24.30	22.36	22.16	22.33	19.24
Enterprise Value to NOPAT (EV/NOPAT)	24.23	17.10	22.51	41.25	30.96	32.28	29.69	29.32	29.33	24.74
Enterprise Value to Operating Cash Flow (EV/OCF)	648.68	133.09	162.93	97.92	26.85	17.87	13.91	14.48	15.12	13.87
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	844.33	40.05	21.03	20.28	25.02	17.46
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.56	0.60	0.69	0.67	0.66	0.67	0.66	0.66	0.63	0.53
Long-Term Debt to Equity	0.53	0.58	0.65	0.63	0.62	0.62	0.61	0.61	0.56	0.48
Financial Leverage	0.38	0.46	0.50	0.47	0.53	0.57	0.59	0.58	0.57	0.50
Leverage Ratio	2.21	2.16	2.19	2.19	2.18	2.17	2.19	2.18	2.16	2.10
Compound Leverage Factor	1.83	1.84	1.09	1.57	1.68	1.84	1.27	1.67	1.90	1.54
Debt to Total Capital	36.03%	37.65%	40.70%	40.07%	39.93%	40.13%	39.62%	39.69%	38.74%	34.82%
Short-Term Debt to Total Capital	1.93%	1.62%	2.08%	2.47%	2.83%	3.25%	3.08%	2.97%	4.18%	3.22%
Long-Term Debt to Total Capital	34.10%	36.02%	38.62%	37.61%	37.10%	36.88%	36.54%	36.72%	34.55%	31.60%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.34%	2.96%	0.15%	0.20%	0.21%	0.24%	0.31%	0.07%	0.08%	0.08%
Common Equity to Total Capital	61.63%	59.40%	59.15%	59.72%	59.86%	59.63%	60.08%	60.24%	61.19%	65.10%
Debt to EBITDA	1.73	1.98	2.61	3.33	3.11	2.84	2.70	2.62	2.31	1.88
Net Debt to EBITDA	1.44	1.80	2.39	2.94	2.79	2.48	2.27	2.25	1.98	1.48
Long-Term Debt to EBITDA	1.64	1.90	2.48	3.13	2.89	2.61	2.49	2.42	2.06	1.71
Debt to NOPAT	2.61	3.14	4.44	6.25	5.95	5.45	5.11	4.89	4.12	3.21
Net Debt to NOPAT	2.17	2.85	4.06	5.51	5.34	4.76	4.29	4.21	3.54	2.53
Long-Term Debt to NOPAT	2.47	3.01	4.21	5.87	5.53	5.01	4.71	4.52	3.67	2.91
Altman Z-Score	4.21	3.22	3.17	3.66	3.25	3.58	3.48	3.58	3.95	4.10
Noncontrolling Interest Sharing Ratio	3.14%	3.68%	1.65%	1.86%	2.01%	2.58%	0.38%	0.23%	0.23%	0.26%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.09	2.20	2.40	2.43	2.41	2.27	2.29	2.25	2.03	1.97
Quick Ratio	0.70	0.66	0.69	0.78	0.83	0.84	0.86	0.91	0.86	0.86
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,146	-472	-523	-391	-176	59	172	220	194	334
Operating Cash Flow to CapEx	-308.55%	472.96%	-77.68%	294.78%	591.64%	629.12%	418.01%	278.19%	743.09%	637.27%
Free Cash Flow to Firm to Interest Expense	-73.84	-29.93	-22.73	-15.54	-7.12	2.39	7.28	9.42	6.99	16.81
Operating Cash Flow to Interest Expense	-3.61	6.39	-0.81	3.30	5.67	12.80	4.74	3.33	7.64	17.08
Operating Cash Flow Less CapEx to Interest Expense	-4.78	5.04	-1.85	2.18	4.71	10.76	3.61	2.13	6.62	14.40
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.98	0.91	0.83	0.75	0.77	0.78	0.78	0.77	0.80	0.84
Accounts Receivable Turnover	8.70	8.54	7.85	6.53	7.08	7.59	7.96	6.99	6.61	7.47
Inventory Turnover	2.58	2.44	2.16	2.03	1.97	2.07	2.00	1.98	2.14	2.39
Fixed Asset Turnover	10.62	10.05	9.25	8.47	8.33	7.55	7.35	7.13	7.16	6.67
Accounts Payable Turnover	5.36	5.43	5.13	5.09	5.86	6.75	6.48	5.96	6.28	6.58
Days Sales Outstanding (DSO)	41.94	42.74	46.52	55.88	51.53	48.08	45.86	52.21	55.21	48.83
Days Inventory Outstanding (DIO)	141.60	149.65	169.34	179.58	185.72	176.71	182.91	184.16	170.80	152.59
Days Payable Outstanding (DPO)	68.09	67.19	71.13	71.69	62.30	54.04	56.36	61.25	58.12	55.47
Cash Conversion Cycle (CCC)	115.45	125.20	144.72	163.77	174.95	170.75	172.41	175.13	167.90	145.95
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,532	3,668	3,817	3,858	3,787	3,724	3,691	3,716	3,724	3,550
Invested Capital Turnover	1.57	1.35	1.22	1.11	1.10	1.09	1.07	1.06	1.10	1.18
Increase / (Decrease) in Invested Capital	1,219	563	551	455	255	56	-126	-142	-64	-173
Enterprise Value (EV)	12,584	7,788	8,163	10,714	8,205	9,323	9,073	9,360	10,871	10,281
Market Capitalization	11,371	6,377	6,684	9,275	6,782	7,939	7,749	8,014	9,557	9,225
Book Value per Share	$36.32	$35.63	$37.80	$38.90	$37.98	$38.10	$39.56	$39.09	$40.06	$41.92
Tangible Book Value per Share	$0.40	($1.17)	$0.03	$1.49	$1.32	$1.01	$1.94	$2.27	$2.75	$5.03
Total Capital	3,762	3,801	3,955	4,051	3,949	3,925	3,941	3,934	3,938	3,832
Total Debt	1,356	1,431	1,609	1,623	1,577	1,575	1,561	1,562	1,525	1,334
Total Long-Term Debt	1,283	1,369	1,527	1,523	1,465	1,448	1,440	1,445	1,361	1,211
Net Debt	1,126	1,298	1,472	1,431	1,415	1,374	1,312	1,343	1,311	1,053
Capital Expenditures (CapEx)	18	21	24	28	24	50	27	28	29	53
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,051	1,119	1,220	1,243	1,217	1,044	1,028	1,042	1,004	841
Debt-free Net Working Capital (DFNWC)	1,281	1,252	1,358	1,436	1,379	1,245	1,278	1,260	1,219	1,122
Net Working Capital (NWC)	1,208	1,190	1,275	1,336	1,267	1,117	1,156	1,143	1,054	999
Net Nonoperating Expense (NNE)	13	17	14	18	19	18	19	18	17	43
Net Nonoperating Obligations (NNO)	1,126	1,298	1,472	1,431	1,415	1,374	1,312	1,343	1,311	1,053
Total Depreciation and Amortization (D&A)	40	40	41	42	44	43	43	44	44	44
Debt-free, Cash-free Net Working Capital to Revenue	22.93%	24.52%	28.27%	30.89%	30.37%	25.94%	25.55%	25.90%	24.35%	19.58%
Debt-free Net Working Capital to Revenue	27.95%	27.43%	31.45%	35.67%	34.40%	30.94%	31.75%	31.33%	29.54%	26.13%
Net Working Capital to Revenue	26.36%	26.08%	29.55%	33.19%	31.61%	27.77%	28.73%	28.42%	25.55%	23.26%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.84	$0.86	$0.06	$0.70	$0.98	$1.57	$0.39	$0.99	$1.91	$2.17
Adjusted Weighted Average Basic Shares Outstanding	63.25M	63.12M	61.56M	61.72M	61.37M	61.27M	59.85M	59.88M	59.49M	59.56M
Adjusted Diluted Earnings per Share	$0.83	$0.81	$0.05	$0.70	$0.97	$1.55	$0.39	$0.97	$1.89	$2.14
Adjusted Weighted Average Diluted Shares Outstanding	64.27M	64.68M	62.29M	62.35M	62.09M	62.06M	60.49M	60.64M	60.31M	60.35M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	63.36M	61.89M	62.19M	62.24M	61.43M	60.27M	60.61M	60.15M	59.50M	59.61M
Normalized Net Operating Profit after Tax (NOPAT)	73	91	29	64	79	115	46	77	130	161
Normalized NOPAT Margin	6.75%	8.63%	3.22%	6.37%	7.41%	10.84%	5.17%	7.76%	11.10%	13.01%
Pre Tax Income Margin	6.62%	8.34%	2.48%	6.14%	7.48%	11.92%	4.33%	7.88%	12.55%	11.74%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	5.61	6.51	1.93	3.40	4.19	6.06	2.82	4.39	6.05	9.94
NOPAT to Interest Expense	4.73	5.74	1.24	2.53	3.21	4.65	1.95	3.32	4.69	8.08
EBIT Less CapEx to Interest Expense	4.44	5.16	0.89	2.28	3.23	4.03	1.68	3.19	5.02	7.26
NOPAT Less CapEx to Interest Expense	3.56	4.39	0.21	1.41	2.25	2.62	0.81	2.13	3.66	5.40
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.06%	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.09%
Augmented Payout Ratio	52.10%	84.75%	147.34%	232.30%	219.90%	164.13%	113.60%	128.10%	105.74%	51.15%

Frequently Asked Questions About Generac's Financials

When does Generac's financial year end?

According to the most recent income statement we have on file, Generac's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Generac's net income changed over the last 9 years?

Generac's net income appears to be on an upward trend, with a most recent value of $316.98 million in 2024, rising from $77.75 million in 2015. The previous period was $217.12 million in 2023.

What is Generac's operating income?

Generac's total operating income in 2024 was $536.74 million, based on the following breakdown:

Total Gross Profit: $1.67 billion
Total Operating Expenses: $1.13 billion

How has Generac revenue changed over the last 9 years?

Over the last 9 years, Generac's total revenue changed from $1.32 billion in 2015 to $4.30 billion in 2024, a change of 226.1%.

How much debt does Generac have?

Generac's total liabilities were at $2.61 billion at the end of 2024, a 4.8% decrease from 2023, and a 99.0% increase since 2015.

How much cash does Generac have?

In the past 9 years, Generac's cash and equivalents has ranged from $67.27 million in 2016 to $655.13 million in 2020, and is currently $281.28 million as of their latest financial filing in 2024.

How has Generac's book value per share changed over the last 9 years?

Over the last 9 years, Generac's book value per share changed from 6.94 in 2015 to 41.92 in 2024, a change of 504.4%.

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This page (NYSE:GNRC) was last updated on 4/30/2025 by MarketBeat.com Staff

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Generac (GNRC) Financials

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Generac (GNRC) Financials

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