Generac Holdings (GNRC) Gross Margin (2011 - 2026)
Generac Holdings' (GNRC) quarterly Gross Margin came in at 38.72% in Q1 2026, down 76.0% year-on-year from 161.35% in Q1 2025, and up 6.72% quarter-over-quarter from 36.29% in Q4 2025.
Generac Holdings (GNRC) Gross Margin (2011 - 2026) Analysis & Trends
Generac Holdings has disclosed Gross Margin across 16 years of filings, most recently posting 38.72% for Q1 2026.
- Gross Margin for Q1 2026 came in at 38.72%, down 76.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 38.14% (down 144.0% YoY), and the FY2025 annual result was 38.29%, down 48.0% from the prior year.
- Gross Margin came in at 38.72% for Q1 2026 at Generac Holdings, up from 36.29% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 40.61% in Q4 2024 to a low of 30.69% in Q1 2023.
- The 5-year median for Gross Margin is 36.29% (2025), against an average of 36.14%.
- Across the five-year window, Gross Margin tumbled 810 bps in 2022 and surged 514 bps in 2024, its largest moves.
- Generac Holdings' Gross Margin stood at 32.71% in 2022, then grew by 12 bps to 36.55% in 2023, then increased by 11 bps to 40.61% in 2024, then slipped by 11 bps to 36.29% in 2025, then rose by 7 bps to 38.72% in 2026.
- The last three Gross Margin figures came in at 38.72% (Q1 2026), 36.29% (Q4 2025), and 38.31% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 19.07% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 35.59% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 36.77% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 26.71% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 53.09% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 43.82% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 37.21% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 50.25% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 38.86% |
| 10 | Generac Holdings | 15.28 Bn | 15.01 Bn | 410.24 Mn | 38.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 36.93% |