Generac Holdings Inc (GNRC)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,665,626 | 1,552,933 | 1,456,451 | 1,409,311 | 1,365,431 | 1,319,874 | 1,305,191 | 1,433,755 | 1,522,004 | 1,541,376 | 1,516,266 | 1,399,016 | 1,360,082 | 1,297,745 | 1,237,900 | 1,107,148 | 957,654 | 879,674 | 821,042 | 807,897 |
| Revenue (ttm) | US$ in thousands | 4,290,970 | 4,119,840 | 3,997,100 | 3,974,163 | 3,949,805 | 3,935,365 | 3,962,145 | 4,264,295 | 4,525,680 | 4,543,520 | 4,405,498 | 4,039,517 | 3,712,928 | 3,406,940 | 3,165,481 | 2,792,968 | 2,460,119 | 2,289,969 | 2,187,141 | 2,179,689 |
| Gross profit margin | 38.82% | 37.69% | 36.44% | 35.46% | 34.57% | 33.54% | 32.94% | 33.62% | 33.63% | 33.92% | 34.42% | 34.63% | 36.63% | 38.09% | 39.11% | 39.64% | 38.93% | 38.41% | 37.54% | 37.06% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,665,626K ÷ $4,290,970K
= 38.82%
Generac Holdings Inc's gross profit margin has shown some fluctuations over the periods provided. The gross profit margin started at 37.06% on March 31, 2020, and showed a general increasing trend until December 31, 2021, reaching 38.93%. However, from March 31, 2022, there was a noticeable decline in the gross profit margin, dropping to 33.62% by March 31, 2023.
Following this, the gross profit margin continued to fluctuate within a range, with some periods showing slight increases or decreases. By December 31, 2024, Generac Holdings Inc's gross profit margin had improved to 38.82%, which is the highest level in the provided dataset.
Overall, the trend in the gross profit margin of Generac Holdings Inc indicates some volatility, with periods of growth followed by fluctuations and declines. It is important for the company to closely monitor and manage its cost of goods sold and pricing strategies to maintain a healthy level of gross profit margin.
Peer comparison
Dec 31, 2024