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Generac Holdings (Generac Holdings) EBIT : $388 Mil (TTM As of Dec. 2023)


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What is Generac Holdings EBIT?

Generac Holdings's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $152 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $388 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Generac Holdings's annualized ROC % for the quarter that ended in Dec. 2023 was 11.07%. Generac Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 32.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Generac Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.89%.


Generac Holdings EBIT Historical Data

The historical data trend for Generac Holdings's EBIT 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 EBIT Chart

Generac Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 361.15 479.18 724.48 563.29 387.93

Generac Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT 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 106.98 45.01 86.58 104.77 151.57

Competitive Comparison of Generac Holdings's EBIT

For the Specialty Industrial Machinery subindustry, Generac Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution in the Industrial Products Industry

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

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



Generac Holdings EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT 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 $388 Mil.

* 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.


Generac Holdings  (NYSE:GNRC) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Generac Holdings's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=605.712 * ( 1 - 23.66% )/( (4216.405 + 4139.211)/ 2 )
=462.4005408/4177.808
=11.07 %

where

Invested Capital(Q: Sep. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=5166.341 - 788.411 - ( 161.525 - max(0, 900.094 - 2167.049+161.525))
=4216.405

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=5093.312 - 753.107 - ( 200.994 - max(0, 880.771 - 1997.692+200.994))
=4139.211

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Generac Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=606.284/( ( (700.194 + max(1217.113, 0)) + (801.628 + max(1043.591, 0)) )/ 2 )
=606.284/( ( 1917.307 + 1845.219 )/ 2 )
=606.284/1881.263
=32.23 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(589.226 + 1311.129 + 105.169) - (788.411 + 0 + 1.1368683772162E-13)
=1217.113

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(537.316 + 1167.484 + 91.898) - (753.107 + 0 + 0)
=1043.591

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Generac Holdings's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=387.927/9977.508
=3.89 %

* 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.


Generac Holdings EBIT 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