Generac Holdings Inc (GNRC)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 536,742 | 386,199 | 566,330 | 721,136 | 479,106 |
| Revenue | US$ in thousands | 4,290,970 | 3,925,040 | 4,496,170 | 3,703,400 | 2,452,210 |
| Operating profit margin | 12.51% | 9.84% | 12.60% | 19.47% | 19.54% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $536,742K ÷ $4,290,970K
= 12.51%
Generac Holdings Inc's operating profit margin has shown mixed performance over the years. In 2020, the operating profit margin was 19.54%, indicating strong profitability. However, there was a slight decrease in 2021 to 19.47%. The margin then experienced a more significant decline to 12.60% in 2022, and further dropped to 9.84% in 2023, indicating a downward trend in profitability.
It is noteworthy that there was a slight improvement in 2024, with the operating profit margin increasing to 12.51%. Overall, the company's operating profit margin has shown some volatility, and management may need to focus on strategies to improve efficiency and profitability in the future.
Peer comparison
Dec 31, 2024