Generac Holdings Inc (GNRC)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 316,315 | 295,690 | 242,325 | 228,408 | 214,606 | 189,020 | 186,913 | 298,074 | 399,502 | 471,382 | 544,682 | 515,359 | 550,494 | 532,600 | 516,000 | 455,109 | 350,576 | 295,189 | 255,793 | 251,606 |
| 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 |
| Net profit margin | 7.37% | 7.18% | 6.06% | 5.75% | 5.43% | 4.80% | 4.72% | 6.99% | 8.83% | 10.37% | 12.36% | 12.76% | 14.83% | 15.63% | 16.30% | 16.29% | 14.25% | 12.89% | 11.70% | 11.54% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $316,315K ÷ $4,290,970K
= 7.37%
Generac Holdings Inc's net profit margin has displayed some fluctuations over the past few years, ranging from a high of 16.30% in June 2021 to a low of 4.72% in June 2023. The net profit margin measures the company's profitability by indicating how much of each dollar in revenue translates to profit after all expenses are deducted.
The trend of the net profit margin for Generac Holdings Inc shows a general increase up to the first quarter of 2022, indicating improving profitability. However, from that point onward, there is a noticeable decline in the net profit margin, reaching a low of 4.72% in June 2023. This decline could be attributed to various factors such as increased expenses, changes in pricing strategies, or shifts in the market environment affecting sales and costs.
In the latter part of the period covered, there is a mild recovery in the net profit margin, with a slight increase up to December 2024. It is essential for the company to closely monitor its expenses and revenue generation strategies to sustain or improve its profitability in the future.
Peer comparison
Dec 31, 2024