Generac Holdings Inc (GNRC)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | 252,007 | 257,968 | 258,170 | 249,473 |
| Revenue (ttm) | US$ in thousands | 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 | 2,172,908 | 2,145,380 | 2,104,640 | 2,055,791 |
| Net profit margin | 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% | 11.60% | 12.02% | 12.27% | 12.14% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $214,606K ÷ $3,949,805K
= 5.43%
Generac Holdings Inc's net profit margin has exhibited a fluctuating trend over the past eight quarters. The company's net profit margin peaked at 11.96% in Q1 2022 and has since experienced a downward trajectory. In the most recent quarter, Q4 2023, the net profit margin stands at 5.05%, reflecting a decrease from the previous quarter's 3.98%. This indicates a recent improvement in profitability compared to earlier quarters, but still remains lower than levels seen in 2022 when the net profit margin was consistently above 7%. Generac's management may need to focus on controlling costs and optimizing revenue streams to enhance profitability and drive margin expansion in the future.
Peer comparison
Dec 31, 2023