📈 Price History

Ratio Health

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By Category

📊 Peer Medians

About

Generac Holdings Inc. designs, manufactures, and distributes energy technology products and solutions worldwide. The company offers residential automatic standby generators, automatic transfer switch, air-cooled engine home standby generators, and liquid-cooled engine generators; Mobile Link, a remote monitoring system for home standby generators; propane tank monitoring solution; and smart home solutions, such as smart thermostats and a suite of home monitoring products. It also provides smart home energy management devices and sensors for heating and cooling system; smart doorbell cameras; and portable and inverter generators; multiple portable battery solutions; manual transfer switches; outdoor power equipment, including trimmers, field and brush mowers, log splitters, stump grinders, chipper shredders, lawn and leaf vacuums, and pressure washers and water pumps; and home energy storage systems. In addition, the company offers commercial and industrial products comprising cleaner-burning natural gas fueled generators; mega-watt diesel generators; light-commercial standby generators and related transfer switches; stationary generators; single-engine industrial generators; industrial standby generators; industrial transfer switches; light towers, mobile generators, commercial mobile pumps, heaters, and dust-suppression equipment; mobile energy storage systems; battery energy storage system and related inverter products; and aftermarket service parts and product accessories. Further, it provides microgrid; and software-as-a-service contracts. The company distributes its products through independent residential dealers and contractors, industrial distributors and dealers, national and regional retailers, e-commerce partners, electrical/HVAC/solar wholesalers, solar installers, catalogs, equipment rental companies, and other equipment distributors; and directly to end users. Generac Holdings Inc. was founded in 1959 and is based in Waukesha, Wisconsin.

Key Ratios Snapshot

📈 Growth Pattern

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Manager	Shares	Value	% of Fund	Period
Steve Cohen Point72 Asset Management	52.0K	$10.2M	0.01%	Mar 2026

SEC Form 13F data. 45-day lag from quarter end.

🔍 Concall Decoded

🎙 Management Tone Tracker Confident Specific → Stable 4 quarters analysed

Q2 2025

Confident Specific

Management repeatedly used phrases like 'exceeded our expectations', 'increasing the low end of our adjusted EBITDA Margin guidance range', and provided detailed data on the data center backlog ($150M) and capacity investment ($65-70M), indicating a clear and positive tone with precise numbers.

Q3 2025

Mixed

Management acknowledged a historically weak outage environment leading to a shortfall in residential shipments, but consistently highlighted strong underlying demand and robust growth in data center and energy technology. The tone balanced candid admissions of near-term challenges with specific positive metrics like backlog doubling and dealer count increases.

Q4 2025

Confident Specific

Management used phrases like 'we made significant progress', 'growing ever more confident', and provided specific growth guidance (mid-teens residential, +30% C&I) and concrete backlog figures ($400M) to support optimism despite acknowledging soft residential.

Q1 2026 latest

Confident Specific

Management used phrases like 'return to strong growth', 'robust operating leverage', 'raising our full-year net sales and adjusted EBITDA margin outlook', and 'confidence in capturing generational growth opportunity', indicating clear conviction in results and outlook.

Guidance Reliability Pending · <3Q data

Investor Lens

The investment thesis is stronger after this call. The C&I data center opportunity is accelerating with a larger backlog and near-final hyperscale approvals, and the raised guidance reflects confidence in 2026. The residential segment is showing margin improvement independent of weather, thanks to cost restructuring. The only caution is tariff uncertainty and the lack of a concrete timeline for the largest hyperscale contracts. Next quarter, watch for: any final signed agreements with hyperscalers, the pace of residential activation recovery in H2, and margin progression from the Enercon integration.

AI-generated concall tone analysis · Updated 2026-06-08 · Not investment advice

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3-Statement Financial Model

Bear / Base / Bull projections · DCF fair value · Reverse-DCF

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🎙 Management Tone Confident Specific → Stable 4 quarters Full tone analysis in Intelligence →

📊 MIXED Generac Q1 2026 sales up 12% to $1.06B; raises full-year EBITDA margin to 18.5%-19.5%.

Revenue & Profitability

Q1 2026 net sales increased 12% to $1.06 billion from $942 million. GAAP net income was $73 million ($1.24 per share) vs. $44 million a year ago; adjusted net income was $106 million ($1.80 per share). Adjusted EBITDA was $193 million (18.3% margin), up from $150 million (15.9% margin). Free cash flow was $90 million vs. $27 million in Q1 2025.

Outlook

Management sees a multi-year growth opportunity in data center backup power driven by AI demand, with two hyperscale customers in final approval stages. Telecom and rental markets are entering upcycles. Residential demand assumes a return to baseline power outage environment in H2 2026, offsetting a soft H2 2025. Key headwinds include tariff uncertainty and geopolitical instability in the Middle East and Latin America.

Growth Drivers

C&I segment growth is propelled by data center customers (backlog over $700 million, plus a $600 million non-binding notice to proceed for 2027), telecom (multi-year cycle), and rental equipment (re-fleeting cycle aided by the Allmand acquisition). Residential growth is driven by home standby generators (price + volume) and the ramp of PowerMicro microinverters, with ecobee reaching positive adjusted EBITDA in Q1.

Balance Sheet & CapEx

Full-year 2026 capital expenditures are projected at approximately 3.5% of sales, elevated for capacity expansion. The new Sussex, Wisconsin facility is on track to begin production in H2 2026, increasing domestic large-megawatt generator capacity to over $1 billion by Q4. Free cash flow guidance for 2026 is approximately $350 million, weighted to the second half.

Margins

Q1 2026 adjusted EBITDA margin improved to 18.3% from 15.9%, with Residential segment up 500 bps to 25.1% (driven by OpEx savings from Generac Home) and C&I up 160 bps to 13.0%. Full-year gross margin guidance was raised to 38.5%-39.5% (up ~50 bps), and adjusted EBITDA margin guidance raised to 18.5%-19.5%, with Q4 expected near 20%.

Key Risks

Risks flagged include: tariff and trade policy uncertainty (IEPA removal offset by Section 122, 232, 301 tariffs), geopolitical instability in Middle East and Latin America, reliance on baseline power outage assumptions for residential growth, supply chain constraints for engines and other components, and the need for additional capital expenditure to capture hyperscale data center demand.

Generated by AI · Q1 2026 results · Not investment advice

✓ 📞 Earnings Call Transcripts (5 quarters) submit a missing quarter

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📞 Earnings Call Transcripts (5)

Q2 2026 Q2 2026 2026-07-29

Q2 2026 saw 11% net sales growth, led by a 29% surge in C&I segment sales, especially to data centers. Backlog reached $1.6B with major hyperscale agreements, and capacity investments aim to triple output. Residential sales were resilient but slightly down, while full-year guidance was raised for C&I and slightly lowered for residential.

Q1 2026 Q1 2026 2026-04-29

Net sales rose 12% year-over-year, led by a 28% surge in C&I segment sales driven by data center demand and acquisitions. Adjusted EBITDA margin expanded to 18.3%, and full-year guidance was raised for both net sales and margins, reflecting strong backlog and operational execution.

Q4 2025 Q4 2025 2026-02-11

Fourth quarter sales declined 12% year-over-year due to weak residential demand, but C&I sales grew 10% on strong data center orders. 2026 guidance calls for mid-teens sales growth, driven by robust C&I and improving residential demand, with margins expected to expand.

Q3 2025 Q3 2025 2025-10-29

Q3 2025 saw a 5% sales decline due to low outage activity, with residential sales down and C&I sales up. Data center generator backlog doubled, driving future growth, while guidance for 2025 was revised downward, reflecting margin pressure and flat sales expectations.

Q2 2025 Q2 2025 2025-07-30

Second quarter net sales rose 6% to $1.06B, with strong C&I and residential energy tech growth. Adjusted EBITDA margin reached 17.7%, and full-year guidance was raised for margins and free cash flow, supported by robust Data Center demand and disciplined capital allocation.

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