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Generac Holdings (Generac Holdings) Gross Profit : $1,365 Mil (TTM As of Dec. 2023)


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What is Generac Holdings Gross Profit?

Generac Holdings's gross profit for the three months ended in Dec. 2023 was $389 Mil. Generac Holdings's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $1,365 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Generac Holdings's gross profit for the three months ended in Dec. 2023 was $389 Mil. Generac Holdings's Revenue for the three months ended in Dec. 2023 was $1,064 Mil. Therefore, Generac Holdings's Gross Margin % for the quarter that ended in Dec. 2023 was 36.55%.

Generac Holdings had a gross margin of 36.55% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Generac Holdings was 38.53%. The lowest was 33.34%. And the median was 35.37%.

Warning Sign:

Generac Holdings Inc gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


Generac Holdings Gross Profit Historical Data

The historical data trend for Generac Holdings's Gross Profit 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 Gross Profit Chart

Generac Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 797.75 957.65 1,360.08 1,522.00 1,365.43

Generac Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 343.17 272.50 328.42 375.79 388.72

Competitive Comparison of Generac Holdings's Gross Profit

For the Specialty Industrial Machinery subindustry, Generac Holdings's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Generac Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Generac Holdings's Gross Profit falls into.



Generac Holdings Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Generac Holdings's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=4022.667 - 2657.236
=1,365

Generac Holdings's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1063.67 - 674.946
=389

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,365 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Generac Holdings's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=389 / 1063.67
=36.55 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Generac Holdings  (NYSE:GNRC) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Generac Holdings had a gross margin of 36.55% for the quarter that ended in Dec. 2023 => Competition eroding margins


Generac Holdings Gross Profit Related Terms

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Generac Holdings (Generac Holdings) Business Description

Traded in Other Exchanges
Address
S45 W29290 Highway 59, Waukesha, WI, USA, 53189
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