Generac Holdings Inc. (GNRC) Stock

Generac Holdings Inc. (GNRC) is a Industrials stock trading at $207.00 (as of 2026-08-20), with a market capitalization of $12.21B and a trailing P/E of 47.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Generac Holdings designs, manufactures, and sells power generation equipment, energy storage systems, and related power products for residential and light commercial/industrial customers worldwide. Its offerings include standby generators, portable generators, outdoor power equipment, and clean energy solutions such as PWRcell/PWRview, plus remote monitoring for home standby systems.

Understand Generac Holdings Inc.: how it makes money

Generac designs, manufactures, and sells power generation equipment and energy storage systems, including residential automatic standby generators and related components and remote monitoring, and it makes money by selling these products to residential and light commercial and industrial customers through its dealer and partner channels.

Generac's profit engine depends on its ability to scale and support the residential and commercial dealer and installer network, because product sales and deployments rely on dealers, trained and certified partners, and platforms like PowerPlay to move customers from leads to installed power equipment.

Revenue by segment (latest quarter)
Residential	$0.6B
C&I	$0.5B

Business quality (Weak): Revenue is concentrated in Residential and Commercial and Industrial products, with operating margin at 11.1% despite 38.7% gross margin, so execution on costs and on the dealer and installed base ecosystem is critical.

Valuation: At 87× earnings, GNRC trades 147% above the Electrical Equipment average (35×). Note: one-time items can distort reported P/E.

Bull case

Scale in the residential channel and installed base: Residential dealer partners are reported at 8,700, and Ecobee connected homes in the installed base are reported at 5,000,000.
Domestic and Residential are the larger profit contributors: Domestic segment adjusted EBITDA is reported at 0.15B and Residential segment adjusted EBITDA before non-controlling interests is reported at 0.14B, compared with International at 0.03B.

Bear case

Profit concentration and limited International contribution: International segment adjusted EBITDA is smaller (0.03B), so less diversification into International profit pools is visible in the provided data.
Dealer and lead-to-install execution risk: Residential performance is closely linked to dealer partner capacity and related training metrics, so slower growth or fewer effective partner deployments could pressure Residential segment results.

Valuation — source: SEC EDGAR (first-party)
Price	$207.00
Market Cap	$12.21B
P/E Ratio	47.3
EV / EBITDA	21.8
Price / Book	4.24
Price / Sales	2.75
FCF Yield	3.1%
DCF Value (model)	$23.52
DCF Upside vs Price	-88.6%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$4.21B
Net Margin	3.8%
Revenue Growth (YoY)	10.6%
EPS Growth (YoY)	92.1%
FCF Growth (YoY)	334.7%

Financial Health — source: SEC EDGAR
Altman Z-Score	4.43 (safe)
Piotroski F-Score	6/9 (moderate)

Valuation vs Sector & Industry
Stock P/E	47.3
Sector P/E (Industrials)	25.9
Industry P/E (Electrical Equipment)	37.8
vs Sector	82.7%
vs Industry	25.2%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	VANGUARD GROUP INC ($898.24M)
Institutional Holders Tracked	10
Congressional Trades (recent)	10

Company
Sector	Industrials
Industry	Electrical Equipment
CEO	Aaron Jagdfeld
Employees	5,389
Country	US
IPO Date	2010-02-11

Related Companies (Business model: Industrials / Capital Goods (Heavy Machinery + Diversified Industrials); 8 closest by market cap; US-domiciled)

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.