Upside case
Bull case
$431+54.4%
GNRC would need investors to value it at roughly 48x earnings — about 17x more generous than today's 31x forward P/E. That requires meaningful multiple expansion on top of continued earnings growth.
Analysis OverviewBuyUpdated Jun 18, 2026
Generac Holdings Inc. (GNRC) Stock Analysis
Wall Street verdict, consensus price target, and analyst rating breakdown — everything needed to frame the risk/reward at today's price.
Analyst consensus
Buy
Covering
39
analysts
27 bullish · 0 bearish · 39 covering GNRC
Strong Buy
0
Buy
27
Hold
12
Sell
0
Strong Sell
0
Consensus Target
$283
+1.3% vs today
Scenario Range
$206 – $431
Model bear to bull value window
Coverage
39
Published analyst ratings
Valuation Context
31.2x
Forward P/E · Market cap $16.4B
GNRC price targets
Three scenarios for where GNRC stock could go
Current
~$279
Confidence
46 / 100
Updated
Jun 18, 2026
Where we are now
Current · $279
Bear
$206
Base
$327
Bull
$431
Market caseClosest to today
Base case
$327+17.2%
At 37x on FY1 earnings, the base case reflects a reasonable but not stretched valuation. It prices in continued growth without assuming an exceptional setup.
Stress case
Bear case
$206-26.2%
If investor confidence fades or macro conditions deteriorate, a 8x multiple contraction could push GNRC down roughly 26% from where it trades now.
Not financial advice. Model confidence reflects internal scenario assumptions, not a guarantee of returns. Past performance does not predict future results.
Generac Holdings Inc.
GNRC · NYSEIndustrialsIndustrial - MachineryDecember year-end
Generac is a leading manufacturer of backup power generation equipment and energy storage systems for residential, commercial, and industrial markets. It generates revenue primarily from selling standby generators (~60% of sales), portable generators (~20%), and clean energy products like solar+battery systems (~15%), with the remainder from service and accessories. The company's competitive moat stems from its dominant brand recognition in residential backup power—often called "the Kleenex of generators"—and its extensive dealer network that provides installation and maintenance services.
Market Cap
$16.4B
Revenue TTM
$4.3B
Net Income TTM
$189M
Net Margin
4.4%
GNRC Revenue and Earnings Performance
Quarterly beat-or-miss track record against analyst estimates, plus forward revenue and EPS outlook for the next two fiscal years.
EPS Beat Rate
67%Exceptional
12 quarters tracked
Revenue Beat Rate
33%Exceptional
vs consensus estimates
Avg EPS Surprise
+9.7%
above Street consensus
Beat / Miss Record
BeatMissLeft = EPS · Right = Revenue
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Last 4 Quarters
EPS beats: 2 of 4Q3 2025
EPS
$1.65/$1.33
Revenue
$1.1B/$1.2B
Q4 2025
EPS
$1.83/$2.25
Revenue
$1.1B/$1.2B
Q1 2026
EPS
$1.61/$1.81
Revenue
$1.1B/$1.2B
Q2 2026
EPS
$1.80/$1.33
Revenue
$1.1B/$1.1B
| Quarter | EPS (Actual / Est) | EPS Surprise | Revenue (Actual / Est) | Rev Surprise |
|---|---|---|---|---|
| Q3 2025 | $1.65/$1.33 | +24.1% | $1.1B/$1.2B | -12.6% |
| Q4 2025 | $1.83/$2.25 | -18.7% | $1.1B/$1.2B | -4.0% |
| Q1 2026 | $1.61/$1.81 | -11.0% | $1.1B/$1.2B | -6.0% |
| Q2 2026 | $1.80/$1.33 | +35.3% | $1.1B/$1.1B | +0.7% |
FY1–FY2 Estimates
Revenue Outlook
FY1
$4.7B
+8.1% YoY
FY2
$5.2B
+12.2% YoY
EPS Outlook
FY1
$5.87
+84.1% YoY
FY2
$7.27
+23.8% YoY
Trailing FCF (TTM)$419M
FCF Margin: 9.7%
Next Earnings
July 29, 2026
Expected EPS
$1.96
Expected Revenue
$1.2B
GNRC beat EPS estimates in 2 of 4 tracked quarters. Mixed delivery makes the upcoming report a key data point for re-rating.
GNRC Revenue Breakdown by Segment
Product and geographic revenue mix from the latest annual disclosure, with year-over-year growth by segment.
Latest disclosure
FY 2025
Total disclosed revenue $219M
Product Mix
Latest annual revenue by segment or product family
Extended Warranties
100.0%
YoY unavailable
Tap, hover, or focus a slice to inspect segment detail.
Geographic Mix
Latest annual revenue by reported region
Segment breakdown not available for this company.
Extended Warranties is the largest disclosed segment at 100.0% of FY 2025 revenue, with no year-over-year comparison yet.
GNRC Valuation Snapshot
Current multiples compared to the S&P 500, the company's sector, and its own five-year average.
Relative Value Signal
Expensive versus peers
Fair value est. $159 — implies -43.2% from today's price.
Premium to Fair Value
43.2%
above fair value
Deep DiscountFair ValueVery Expensive
vs S&P 500 Trailing P/E
GNRC
103.8x
vs
S&P 500
24.4x
+324% premium
vs Industrials Trailing P/E
GNRC
103.8x
vs
Industrials
25.6x
+306% premium
vs GNRC 5Y Avg P/E
Today
103.8x
vs
5Y Average
36.0x
+188% premium
Forward PE
31.2x
S&P 500
18.8x
+66%
Industrials
21.2x
+47%
5Y Avg
—
—
Trailing PE
103.8x
S&P 500
24.4x
+324%
Industrials
25.6x
+306%
5Y Avg
36.0x
+188%
PEG Ratio
—
S&P 500
1.66x
—
Industrials
1.65x
—
5Y Avg
—
—
EV/EBITDA
35.9x
S&P 500
15.2x
+136%
Industrials
13.9x
+158%
5Y Avg
18.2x
+97%
Price/FCF
61.1x
S&P 500
20.7x
+195%
Industrials
20.0x
+205%
5Y Avg
35.3x
+73%
Price/Sales
3.9x
S&P 500
3.1x
+26%
Industrials
1.6x
+149%
5Y Avg
2.7x
+43%
Dividend Yield
0.00%
S&P 500
1.91%
-100%
Industrials
1.21%
-100%
5Y Avg
0.00%
-52%
| Metric | GNRC | S&P 500 | Industrials | 5Y Avg GNRC |
|---|---|---|---|---|
| Forward PE | 31.2x | 18.8x+66% | 21.2x+47% | — |
| Trailing PE | 103.8x | 24.4x+324% | 25.6x+306% | 36.0x+188% |
| PEG Ratio | — | 1.66x | 1.65x | — |
| EV/EBITDA | 35.9x | 15.2x+136% | 13.9x+158% | 18.2x+97% |
| Price/FCF | 61.1x | 20.7x+195% | 20.0x+205% | 35.3x+73% |
| Price/Sales | 3.9x | 3.1x+26% | 1.6x+149% | 2.7x+43% |
| Dividend Yield | 0.00% | 1.91% | 1.21% | 0.00% |
GNRC trades above S&P 500 benchmarks on 5 of 5 measured multiples — commands a broad premium across most valuation dimensions.
Forward P/E and PEG reflect analyst consensus estimates. Historical averages use trailing ratios where forward data is unavailable.S&P 500 and sector benchmarks both use trailing median P/E — similar readings indicate the broader index and sector are priced alike.
Open valuation toolGNRC Financial Health
Verdict
Strong
GNRC generates $419M in free cash flow at a 9.7% margin.
Cash Engine
Revenue, margins, and cash generation
Revenue (TTM)
Trailing-twelve-month sales base
$4.3B
Revenue Growth
TTM vs prior year
-0.5%
Gross Margin
Gross profit as a share of revenue
38.1%
Operating Margin
Operating income divided by revenue
7.5%
Net Margin
Net income divided by revenue
4.4%
EPS (TTM)
Diluted earnings per share, trailing twelve months
$3.19
Free Cash Flow (TTM)
Cash generation after capex
$419M
FCF Margin
FCF as share of revenue — the primary cash quality signal
9.7%
Capital Quality
ROIC, leverage, and debt serviceability
ROIC
Return on invested capital — primary competitive quality signal
5.9%
ROA
Return on assets, trailing twelve months
3.4%
Cash & Equivalents
Liquid assets on the balance sheet
$341M
Net Debt
Total debt minus cash
$992M
Debt Serviceability
Net debt as a multiple of annual free cash flow
2.4× FCF
~2.4 years to full repayment at current FCF run-rate
ROE
Return on equity, trailing twelve months
7.2%
Shareholder Returns
How capital is returned to owners
Total shareholder yield
0.9%
Dividend
0.0%
Buyback
0.9%
Share Repurchases
Trailing buyback outflow — dollar magnitude of capital returned
$148M
Dividend / Share
Annualized trailing dividend per share
$0.00
Payout Ratio
Share of earnings distributed as dividends
0.2%
Shares Outstanding
Declining as buybacks retire shares
59M
All figures from the trailing twelve months. ROIC uses invested capital (equity + net debt).
Open full ratios pageGNRC Stock Risk Factors
Key factors that could pressure the stock price, compress the multiple, or weigh on future results.
AI analysis · updated June 18, 2026
High Risk
Reduced storm activity
Generac faces challenges due to reduced storm activity, which typically drives demand for backup power solutions.
Medium
Legal costs impact
Net income in 2025 was negatively impacted by legal costs, affecting profitability.
Medium
Soft outage demand
Softer outage-related demand has contributed to weaker financial performance.
Lower
Revenue trajectory uncertainty
The company's revenue trajectory is subject to variability, influencing price targets and investor sentiment.
High Risk
Margin pressure
Despite guidance for stronger margins in 2026, historical margin pressures remain a concern.
Medium
Competitive market risks
Generac operates in a competitive market for energy technology products, which could limit growth.
Lower
Dependence on data center demand
Future growth is partly tied to data center backup power demand, which may fluctuate.
These are risk mechanisms, not predictions. The key question is which would force a cut to earnings estimates or a lower multiple than the market currently prices in.
Why GNRC Stock Could Outperform
Structural drivers behind the upside case and why the stock could outperform over the next 12 months.
AI analysis · updated June 18, 2026
Home energy solutions
Generac offers integrated solar power, battery storage, and smart home energy management systems, positioning it as a leader in residential energy control.
Strong market dominance
Generac holds roughly 80% of the North American residential home standby generator market, supported by its distribution network and brand recognition.
Backup power demand
Rising demand for backup power solutions drives Generac's growth, as highlighted by bullish investment theses.
Reliable product portfolio
Generac is known for its reliable and efficient generators and power equipment, with a strong reputation built since 1959.
Strategic collaborations
Partnerships, such as with CPower Energy, expand Generac's reach into distributed generation solutions like battery storage and microgrids.
Innovative energy management
Generac's app-controlled systems, including solar inverters and smart thermostats, enhance user convenience and energy efficiency.
A real bull case compounds — each driver matters most when it strengthens margins, supports capital returns, and keeps the company above the market's minimum growth bar simultaneously.
GNRC Stock Price Performance
52-week range context and price returns across multiple time horizons. Dividend contribution is shown separately in the Capital Return section.
Current Price
$279.15
52W Range Position
91%
52-Week Range
Current price plotted between the 52-week low and high.
52-Week Low
$124.16
+124.8% from the low
52-Week High
$294.18
-5.1% from the high
1 Month
+10.31%
3 Month
+39.39%
YTD
+97.8%
1 Year
+122.4%
3Y CAGR
+29.4%
5Y CAGR
-6.3%
10Y CAGR
+22.1%
Range context matters because valuation compression and earnings misses rarely hit from the same starting point. A stock already far below its high can still fall, but it is no longer carrying the same embedded optimism as one pressing a fresh peak.
GNRC vs Peers
Valuation, growth, and margin comparison against the closest publicly traded peers for this company.
Peer Set
Accurate peer set
Forward PE
31.2x
vs 26.5x median
+18% above peer median
Revenue Growth
+8.1%
vs +6.3% median
+28% above peer median
Net Margin
4.4%
vs 13.3% median
-67% below peer median
| Company | Mkt Cap | Fwd PE | Rev Grw | Margin | Rating | Upside |
|---|---|---|---|---|---|---|
GNR GNRC Generac Holdings Inc. | $16.4B | 31.2x | +8.1% | 4.4% | Buy | +1.3% |
HUB HUBB Hubbell Incorporated | $27.8B | 26.5x | +6.1% | 15.1% | Hold | +5.3% |
POW POWL Powell Industries, Inc. | $10.8B | 54.4x | +11.3% | 16.5% | Hold | -20.0% |
FEL FELE Franklin Electric Co., Inc. | $4.6B | 22.7x | +5.5% | 6.9% | Hold | -4.0% |
CMI CMI Cummins Inc. | $99.0B | 24.7x | +6.3% | 7.9% | Buy | +4.6% |
CAT CAT Caterpillar Inc. | $458.7B | 40.0x | +6.5% | 13.3% | Buy | -10.5% |
This peer comparison reflects companies with similar business models, product lines, or market positioning, supplemented by industry grouping when direct matches are limited.
GNRC Dividend and Capital Return
GNRC returns capital mainly through $148M/year in buybacks (0.9% buyback yield), with a modest 0.00% dividend — combining for 0.9% total shareholder yield.
Dividend SustainableFCF Well Covered
Total Shareholder Yield
0.9%
Dividend + buyback return per year
Buyback Yield
0.9%
Dividend Yield
0.00%
Payout Ratio
0.2%
How GNRC Splits Its Return
Buyback 0.9%
Dividend 0.00%Buybacks 0.9%
Dividend Profile
Yield, cadence, and growth quality
Dividend / Share
Trailing annualized cash dividend
$0.00
Growth Streak
Consecutive years of dividend increases
0Y
3Y Div CAGR
—
5Y Div CAGR
—
Ex-Dividend Date
—
Payment Cadence
Annual
0 payments over the last 12 months
Buyback Engine
How much per-share support comes from repurchases
Repurchases (TTM)
Cash used for buybacks in the latest trailing period
$148M
Estimated Shares Retired
529.9K
Approx. Share Reduction
0.9%
Shares Outstanding
Current diluted share count from the screening snapshot
59M
At 0.9%/year, buybacks mechanically lift EPS even with flat earnings — each remaining share represents a slightly larger piece of the company.
| Year | Div / Share | YoY Grw | BB Yield | Total Yield |
|---|---|---|---|---|
| 2013 | $5.00 | -16.7% | 0.0% | 8.7% |
| 2012 | $6.00 | — | 0.0% | 19.4% |
FAQ
7 questionsGNRC Investor Questions
Common questions answered from live analyst data and company financials.
01Is Generac Holdings Inc. (GNRC) stock a buy or sell in 2026?
Generac Holdings Inc. (GNRC) is rated Buy by Wall Street analysts as of 2026. Of 39 analysts covering the stock, 27 rate it Buy or Strong Buy, 12 rate it Hold, and 0 rate it Sell or Strong Sell. The consensus 12-month price target is $283, implying +1.3% from the current price of $279. The bear case scenario is $206 and the bull case is $431.
02What is the GNRC stock price target for 2026?
The Wall Street consensus price target for GNRC is $283 based on 39 analyst estimates. The high-end target is $335 (+20.0% from today), and the low-end target is $195 (-30.1%). The base case model target is $327.
03Is Generac Holdings Inc. (GNRC) stock overvalued in 2026?
GNRC trades at 31.2x times forward earnings. The stock trades at a notable premium to the broad market, which is typical for businesses with strong free cash flow and above-average growth expectations. Based on current multiples versus the peer group, the relative model signals expensive versus peers. Whether the stock is over or undervalued ultimately depends on whether consensus earnings estimates are achievable.
04What are the main risks for Generac Holdings Inc. (GNRC) stock in 2026?
The primary risks for GNRC in 2026 are: (1) Reduced storm activity — Generac faces challenges due to reduced storm activity, which typically drives demand for backup power solutions. (2) Margin pressure — Despite guidance for stronger margins in 2026, historical margin pressures remain a concern. (3) Legal costs impact — Net income in 2025 was negatively impacted by legal costs, affecting profitability. Each factor has the potential to pressure earnings or compress the stock's valuation multiple.
05What is Generac Holdings Inc.'s revenue and earnings forecast?
Analyst consensus estimates GNRC will report consensus revenue of $4.7B (+8.1% year-over-year) and EPS of $5.87 (+84.1% year-over-year) for the upcoming fiscal year. The following year, analysts project $5.2B in revenue.
06When does Generac Holdings Inc. (GNRC) report its next earnings?
Generac Holdings Inc. is expected to report its next earnings on approximately 2026-07-29. Consensus expects EPS of $1.96 and revenue of $1.2B. Over recent quarters, GNRC has beaten EPS estimates 67% of the time.
07How much free cash flow does Generac Holdings Inc. generate?
Generac Holdings Inc. (GNRC) generated $419M in free cash flow over the trailing twelve months — a free cash flow margin of 9.7%. GNRC returns capital to shareholders through dividends (0.0% yield) and share repurchases ($148M TTM).