Generac Holdings (GNRC) Gross Margin (2011 - 2026)
Generac Holdings (GNRC) posted Gross Margin of 38.72% for Q1 2026, up 6.72% sequentially from 36.29% in Q4 2025, and down 76.0% YoY from 161.35% in Q1 2025.
Generac Holdings (GNRC) Gross Margin (2011 - 2026) Analysis & Trends
Generac Holdings has reported Gross Margin for 16 years, with the latest figure at 38.72% in Q1 2026.
- Quarterly Gross Margin fell 76.0% year-over-year to 38.72% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 38.14% (down 144.0% YoY) and the FY2025 annual result came in at 38.29%, down 48.0% from the prior year.
- Gross Margin improved to 38.72% in Q1 2026 per GNRC's latest filing, from 36.29% in the prior quarter.
- Over five years, Gross Margin peaked at 40.61% in Q4 2024 and troughed at 30.69% in Q1 2023.
- A 5-year average of 36.14% and a median of 36.29% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2024: Gross Margin tumbled 810 bps in 2022, then jumped 514 bps in 2024.
- Over 5 years, Gross Margin stood at 32.71% in 2022, then rose by 12 bps to 36.55% in 2023, then gained by 11 bps to 40.61% in 2024, then declined by 11 bps to 36.29% in 2025, then advanced by 7 bps to 38.72% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 38.72%, 36.29%, and 38.31% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.71 Bn | 246.59 Bn | 2.36 Bn | 21.25% |
| 2 | Eaton | 161.92 Bn | 161.23 Bn | 2.86 Bn | 33.47% |
| 3 | Parker-Hannifin | 127.20 Bn | 126.72 Bn | 2.02 Bn | 36.77% |
| 4 | Emerson Electric | 86.71 Bn | 84.53 Bn | 2.66 Bn | 54.48% |
| 5 | Cummins | 81.99 Bn | 77.32 Bn | 2.47 Bn | 26.07% |
| 6 | Illinois Tool Works | 81.06 Bn | 80.22 Bn | 1.90 Bn | 44.13% |
| 7 | Ametek | 54.74 Bn | 54.25 Bn | 735.04 Mn | 35.95% |
| 8 | Rockwell Automation | 48.19 Bn | 47.72 Bn | 1.14 Bn | 49.46% |
| 9 | Ingersoll Rand | 31.30 Bn | 30.13 Bn | 862.60 Mn | 42.10% |
| 10 | Generac Holdings | 12.30 Bn | 12.04 Bn | 521.81 Mn | 44.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 44.47% |
| Mar 31, 2026 | 38.72% |
| Dec 31, 2025 | 36.29% |
| Sep 30, 2025 | 38.31% |
| Jun 30, 2025 | 39.27% |
| Mar 31, 2025 | 39.48% |
| Dec 31, 2024 | 40.61% |
| Sep 30, 2024 | 40.24% |
| Jun 30, 2024 | 37.62% |
| Mar 31, 2024 | 35.58% |
| Dec 31, 2023 | 36.55% |
| Sep 30, 2023 | 35.10% |
| Jun 30, 2023 | 32.83% |
| Mar 31, 2023 | 30.69% |
| Dec 31, 2022 | 32.71% |
| Sep 30, 2022 | 33.18% |
| Jun 30, 2022 | 35.39% |
| Mar 31, 2022 | 31.76% |
| Dec 31, 2021 | 33.98% |
| Sep 30, 2021 | 35.64% |