GNRC Financials Generac

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Aug 9, 2026, 10:19 UTC Overview →

Growth & profitability

Revenue has grown 11.1% per year over the past 5 years.
Net income has grown slower than revenue (-14.4% vs 11.1% per year).
Operating margin has contracted, at 6.9% in the latest year.
Free cash flow has declined 8.8% per year over the past 5 years.

Financial health

Total debt ($1.3B) exceeds cash ($341M); net debt is $916M.
Total debt has grown slower than revenue (7.5% vs 11.1% per year).
Operating income covered interest expense 4.1× in the latest year, down from 15× 5 years ago.
Total debt is 2.6× EBITDA.

Shareholder returns

Dividends have been paid for 2 consecutive years, consuming 0.2% of earnings and 0.1% of free cash flow.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$4.2B	$161M	38.3%	6.9%	6.1%	2.9%	$268M	$1.3B	$341M
2024	$4.3B	$317M	38.8%	12.5%	12.7%	6.2%	$605M	$1.3B	$281M
2023	$4.0B	$217M	33.9%	9.6%	9.3%	4.3%	$393M	$1.6B	$201M
2022	$4.6B	$409M	33.3%	12.4%	18.1%	7.9%	-$28M	$1.4B	$133M
2021	$3.7B	$557M	36.4%	19.3%	25.1%	11.4%	$301M	$956M	$147M
2020	$2.5B	$351M	38.5%	19.3%	25.2%	10.8%	$424M	$875M	$655M
2019	$2.2B	$252M	36.2%	16.9%	24.4%	9.5%	$248M	$892M	$323M
2018	$2.0B	$238M	35.8%	17.7%	31.3%	9.8%	$200M	$947M	$224M
2017	$1.7B	$158M	34.8%	14.9%	28.5%	7.8%	$224M	$957M	$138M
2016	$1.4B	$97M	35.4%	14.0%	24.2%	5.2%	$211M	$935M	$67M
2015	—	$78M	—	—	16.7%	4.4%	$158M	$946M	$116M
2014	—	$175M	—	—	35.6%	9.4%	$218M	$1.1B	$190M
2013	—	$175M	—	—	55.0%	9.7%	$229M	$1.2B	$150M
2012	—	$93M	—	—	20.1%	5.8%	$213M	$894M	$108M
2011	—	$325M	—	—	42.2%	20.9%	$158M	$604M	$93M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$1.2B	$143M	44.5%	17.9%	5.0%	2.5%	$63M	$1.3B	$265M
Mar '26	$1.1B	$73M	38.7%	11.1%	2.7%	1.3%	$90M	$1.3B	$266M
Dec '25	$1.1B	-$24M	36.3%	-0.9%	-0.9%	-0.4%	$130M	$1.3B	$341M
Sep '25	$1.1B	$66M	38.3%	9.3%	2.5%	1.2%	$96M	$1.3B	$300M
Jun '25	$1.1B	$74M	39.3%	10.5%	2.9%	1.4%	$14M	$1.4B	$224M
Mar '25	$942M	$44M	39.5%	8.9%	1.8%	0.9%	$27M	—	$187M
Dec '24	$1.2B	$117M	40.6%	16.0%	4.7%	2.3%	$286M	$1.3B	$281M
Sep '24	$1.2B	$114M	40.2%	14.4%	4.7%	2.2%	$184M	$1.5B	$214M
Jun '24	$998M	$59M	37.6%	10.3%	2.5%	1.2%	$50M	$1.5B	$218M
Mar '24	$889M	$26M	35.6%	7.5%	1.1%	0.5%	$85M	$1.5B	$249M
Dec '23	$1.1B	$97M	36.5%	14.2%	4.1%	1.9%	$266M	$1.6B	$201M
Sep '23	$1.1B	$60M	35.1%	9.8%	2.6%	1.2%	$116M	$1.6B	$162M
Jun '23	$1.0B	$45M	32.8%	8.6%	1.9%	0.8%	$53M	$1.6B	$193M
Mar '23	$888M	$12M	30.7%	5.0%	0.5%	0.2%	-$43M	$1.6B	$137M
Dec '22	$1.0B	$71M	32.7%	10.2%	3.1%	1.4%	$80M	$1.4B	$133M
Sep '22	$1.1B	$58M	33.2%	8.0%	2.5%	1.1%	-$74M	—	$230M
Jun '22	$1.3B	$156M	35.4%	16.8%	6.5%	2.9%	$6M	—	$467M
Mar '22	$1.1B	$114M	31.8%	13.6%	4.9%	2.2%	-$38M	—	$206M
Dec '21	$1.1B	$143M	34.0%	16.4%	6.5%	2.9%	$39M	$956M	$147M
Sep '21	$943M	$132M	35.6%	18.4%	7.4%	3.2%	$41M	$829M	$424M

Valuation over time

How the market has priced GNRC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 15.6× (Mar '23) to 73.8× (Nov '26).
The price-to-sales ratio has risen from 1.4× (Mar '23) to 2.8× (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Frequently asked questions

Is GNRC growing its revenue and profit?

Over the past 5 years, Generac's revenue has grown 11.1% per year, and net income declined 14.4% per year. These are computed facts, not advice.

How much debt does GNRC have?

As of FY2025, Generac reported $1.3B of total debt against $341M of cash; operating income covered interest expense 4.1×.

What is GNRC's profit margin?

In FY2025, gross margin was 38.3%, operating margin 6.9%, and net margin 3.8%.

What is GNRC's P/E ratio?

Generac's P/E (TTM) is 46.10 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the GNRC stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 73.8× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.