Generac Holdings Inc

Common Name
Generac Holdings
Country
United States
Sector
Industrials
Industry
Specialty Industrial Machinery
Employees
5,389
Ticker
GNRC
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Generac Holdings Inc. is a prominent player in the energy technology and power generation sector, known for its comprehensive portfolio of backup and portable generator solutions. The company primaril...

Financial Statements of Generac Holdings

Below are the financial statements of Generac Holdings, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

All figures in millions of USD20242023
Current assets
Cash and cash equivalents
281.28a
200.99a
Accounts receivable, less allowance for credit losses of $35,465 and $33,925 as of December 31, 2024 and 2023, respectively
612.11a
537.32a
Inventories
1,031.65a
1,167.48a
Prepaid expenses and other assets
107.14a
91.9a
Total current assets
2,032.17a
1,997.69a
Assets
Property and equipment, net
690.02a
598.58a
Customer lists, net
152.74a
184.51a
Patents and technology, net
379.1a
417.44a
Other intangible assets, net
20.03a
27.13a
Tradenames, net
206.66a
217a
Goodwill
1,436.26a
1,432.38a
Deferred income taxes
24.13a
15.53a
Operating lease and other assets
168.22a
203.05a
Total assets
5,109.33a
5,093.31a
Current liabilities
Short-term borrowings
55.85a
81.77a
Accounts payable
458.69a
340.72a
Accrued wages and employee benefits
81.49a
54.97a
Accrued product warranty
56.13a
65.3a
Other accrued liabilities
313.4a
292.12a
Current portion of long-term borrowings and finance lease obligations
67.6a
45.9a
Total current liabilities
1,033.15a
880.77a
Liabilities and stockholders’ equity
Long-term borrowings and finance lease obligations
1,210.78a
1,447.55a
Deferred income taxes
33.19a
90.01a
Deferred revenue
193.26a
167.01a
Operating lease and other long-term liabilities
141.52a
158.35a
Total liabilities
2,611.89a
2,743.69a
Redeemable noncontrolling interest
0a
6.55a
Stockholders’ equity
Common stock
0.74a
0.73a
Additional paid-in capital
1,133.76a
1,070.39a
Treasury stock, at cost
-1,197a
-1,032.92a
Excess purchase price over predecessor basis
-202.12a
-202.12a
Retained earnings
2,844.3a
2,519.31a
Accumulated other comprehensive loss
-85.4a
-15.14a
Stockholders’ equity attributable to Generac Holdings Inc.
2,494.28a
2,340.25a
Noncontrolling interests
3.17a
2.82a
Total stockholders’ equity
2,497.44a
2,343.07a
Total liabilities and stockholders’ equity
5,109.33a
5,093.31a

Verified Sources Behind Generac Holdings’s Financial Fundamentals Data

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a. Generac Holdings's Annual Report 2024
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