Generac Holdings Inc (GNRC)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 316,315 | 214,606 | 399,502 | 550,494 | 350,576 |
| Revenue | US$ in thousands | 4,290,970 | 3,925,040 | 4,496,170 | 3,703,400 | 2,452,210 |
| Net profit margin | 7.37% | 5.47% | 8.89% | 14.86% | 14.30% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $316,315K ÷ $4,290,970K
= 7.37%
Generac Holdings Inc's net profit margin has shown some fluctuations over the past five years. As of December 31, 2020, the net profit margin stood at 14.30%, experiencing a slight improvement to 14.86% by December 31, 2021. However, a notable decline was observed by December 31, 2022, with the net profit margin decreasing to 8.89%. Subsequently, there was a further decrease to 5.47% by December 31, 2023. The net profit margin saw a recovery by December 31, 2024, reaching 7.37%. It is essential for Generac Holdings Inc to monitor and analyze the factors contributing to these fluctuations to maintain and enhance its profitability in the future.
Peer comparison
Dec 31, 2024