Generac Holdings (Generac Holdings) Debt-to-Equity : 0.74 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Generac Holdings Debt-to-Equity?

Generac Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $128 Mil. Generac Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,606 Mil. Generac Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,340 Mil. Generac Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.74.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Generac Holdings's Debt-to-Equity or its related term are showing as below:

GNRC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.6 Med: 1.11 Max: 2.63
Current: 0.74

During the past 13 years, the highest Debt-to-Equity Ratio of Generac Holdings was 2.63. The lowest was 0.60. And the median was 1.11.

GNRC's Debt-to-Equity is ranked worse than
79.01% of 2620 companies
in the Industrial Products industry
Industry Median: 0.28 vs GNRC: 0.74

Generac Holdings Debt-to-Equity Historical Data

The historical data trend for Generac Holdings's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Generac Holdings Debt-to-Equity Chart

Generac Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.01

0.77

0.60

0.71

0.74

Generac Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.71	0.82	0.80	0.73	0.74

Competitive Comparison of Generac Holdings's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Generac Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Generac Holdings's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Generac Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Generac Holdings's Debt-to-Equity falls into.

Generac Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Generac Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(127.664	+	1605.902)	/	2340.252
	=	0.74

Generac Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(127.664	+	1605.902)	/	2340.252
	=	0.74

Generac Holdings (NYSE:GNRC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Generac Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Generac Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Generac Holdings (Generac Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Generac Holdings Inc (NYSE:GNRC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GNRC:Mexico G84:Germany

Address

S45 W29290 Highway 59, Waukesha, WI, USA, 53189

Website

https://www.generac.com

Generac Power Systems designs and manufactures power generation equipment serving residential, commercial, and industrial markets. It offers standby generators, portable generators, lighting, outdoor power equipment, and a suite of clean energy products. Sales generated in the United States account for the majority of total sales.

Executives

Aaron Jagdfeld	director, officer: Chief Executive Officer	C/O GENERAC HOLDINGS INC., S45 W29290 HWY.59, WAUKESHA WI 53187
Rajendra Kumar Kanuru	officer: EVP, GC, Corp. Secretary	S45 W29290 HIGHWAY 59, WAUKESHA WI 53189
Robert D Dixon	director	7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195-1501
Norman P Taffe	officer: President Energy Technology	3901 NORTH FIRST STREET, SAN JOSE CA 95134
Russell S Minick	officer: Executive Vice President Sales	414 EAST THIRD STREET, MUSCATINE IA 52761
Nam Tran Nguyen	director	S45 W29290 HIGHWAY 59, WAUKESHA WI 53189
York A. Ragen	officer: Chief Financial Officer	C/O GENERAC HOLDINGS INC., S45 W29290 HWY.59, WAUKESHA WI 53187
Patrick John Forsythe	officer: Exec Vice President	C/O GENERAC HOLDINGS INC., P.O. BOX 8, WAUKESHA WI 53189
Erik Wilde	officer: EVP - NAM Industrial	S45 W29290 HWY 59, C/O GENERAC HOLDINGS, INC., WAUKESHA WI 53189
Kyle Andrew Raabe	officer: EVP Consumer Power	S45 W29290 HIGHWAY 59, WAUKESHA WI 53189
Thomas F Pettit	officer: Chief Operations Officer	5695 MERRY LANE, EXCELSIOR MN 55331
Marcia J Avedon	director	C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Roger Pascavis	officer: Senior VP, Operations	C/O GENERAC HOLDINGS INC., S45 W29290 HWY.59, WAUKESHA WI 53187
Jeffrey Lee Mueller	officer: President/GM - Consumer Power	GENERAC POWER SYSTEMS, INC., S45 W29290 HWY. 59, WAUKESHA WI 53189
Jenkins William D Jr	director	C/O PALO ALTO NETWORKS INC, 3000 TANNERY WAY, SANTA CLARA CA 95054