Generac Holdings Inc (GNRC)
Debt-to-equity ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,211,250 | 1,371,880 | 1,415,940 | 1,420,620 | 1,434,820 | — | — | — | 1,370,970 | — | — | 210,000 | 882,060 | 782,925 | 781,950 | 832,075 | 833,990 | 829 | 813,400 | 798,875 |
| 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 |
| Debt-to-equity ratio | 0.49 | 0.57 | 0.60 | 0.60 | 0.61 | 0.00 | 0.00 | 0.00 | 0.61 | 0.00 | 0.00 | 0.09 | 0.40 | 0.44 | 0.47 | 0.55 | 0.60 | 0.00 | 0.74 | 0.78 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,211,250K ÷ $2,494,280K
= 0.49
Generac Holdings Inc's debt-to-equity ratio has shown fluctuations over the past few years. The ratio decreased from 0.78 as of March 31, 2020, to its lowest point of 0.09 as of March 31, 2022, indicating a significant reduction in debt relative to equity during that period. Subsequently, the ratio increased to 0.61 as of December 31, 2022, where it remained stable until the end of the fiscal year 2024.
Overall, the company's debt-to-equity ratio has displayed a mix of decreasing and stable trends. A lower ratio suggests that the company relies less on debt financing and may indicate a stronger financial position. However, it is essential to consider other financial metrics and industry benchmarks for a holistic assessment of Generac Holdings Inc's capital structure and financial health.
Peer comparison
Dec 31, 2024