Generac Holdings Inc (GNRC)
Return on equity (ROE)
| 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 |
| Total stockholders’ equity | US$ in thousands | 2,494,280 | 2,409,440 | 2,369,710 | 2,367,400 | 2,340,250 | 2,363,910 | 2,419,280 | 2,339,160 | 2,257,380 | 2,318,530 | 2,418,880 | 2,308,130 | 2,213,770 | 1,782,070 | 1,655,900 | 1,524,730 | 1,390,290 | 1,230,190 | 1,097,730 | 1,023,640 |
| ROE | 12.68% | 12.27% | 10.23% | 9.65% | 9.17% | 8.00% | 7.73% | 12.74% | 17.70% | 20.33% | 22.52% | 22.33% | 24.87% | 29.89% | 31.16% | 29.85% | 25.22% | 24.00% | 23.30% | 24.58% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $316,315K ÷ $2,494,280K
= 12.68%
Generac Holdings Inc's return on equity (ROE) has witnessed fluctuations over the reporting periods provided in the data.
Starting from March 31, 2020, with an ROE of 24.58%, the company's ROE showed a general increasing trend, reaching a peak of 31.16% on June 30, 2021. This indicates that Generac effectively generated profit relative to the shareholders' equity during this period.
However, from September 30, 2021, to December 31, 2022, the ROE started to decline gradually, dropping from 29.89% to 17.70%. This might suggest a decrease in the company's ability to generate profits with the given equity levels during this timeframe.
Subsequently, there was a slight recovery in the ROE by the end of March 31, 2024, with a value of 9.65%. Notably, there was a relatively significant improvement in the ROE for the next few quarters, with the ROE reaching 12.68% by December 31, 2024.
Overall, the ROE of Generac Holdings Inc has shown variability, reflecting the company's performance in generating profits from the shareholders' equity. Investors and analysts may continue to monitor the ROE trend to assess the company's profitability and efficiency in utilizing its equity.
Peer comparison
Dec 31, 2024
See also:
Generac Holdings Inc Return on Equity (ROE) (Quarterly Data)