Generac Holdings (GNRC) Tax Rate (2011 - 2026)
Generac Holdings (GNRC) posted Tax Rate of 24.44% for Q1 2026, down 44.9% sequentially from 44.36% in Q4 2025, and up 11.0% YoY from 22.02% in Q1 2025.
Generac Holdings (GNRC) Tax Rate (2011 - 2026) Analysis & Trends
Generac Holdings has reported Tax Rate for 16 years, with the latest figure at 24.44% in Q1 2026.
- Quarterly Tax Rate rose 11.0% year-over-year to 24.44% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.4% (down 1790.0% YoY) and the FY2025 annual result came in at 1.34%, down 2369.0% from the prior year.
- Tax Rate declined to 24.44% in Q1 2026 per GNRC's latest filing, from 44.36% in the prior quarter.
- Over five years, Tax Rate peaked at 124.73% in Q4 2022 and troughed at 15.01% in Q3 2025.
- A 5-year average of 30.73% and a median of 24.33% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 11109 bps in 2022, then plunged 10147 bps in 2023.
- Over 5 years, Tax Rate stood at 124.73% in 2022, then plunged by 81 bps to 23.26% in 2023, then increased by 12 bps to 26.02% in 2024, then jumped by 70 bps to 44.36% in 2025, then plunged by 45 bps to 24.44% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 24.44%, 44.36%, and 15.01% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.57 Bn | 243.45 Bn | 2.36 Bn | 29.84% |
| 2 | Eaton | 163.50 Bn | 162.81 Bn | 2.86 Bn | 28.06% |
| 3 | Parker-Hannifin | 125.89 Bn | 125.41 Bn | 2.02 Bn | 19.21% |
| 4 | Emerson Electric | 87.13 Bn | 84.95 Bn | 2.66 Bn | 21.62% |
| 5 | Cummins | 81.71 Bn | 77.04 Bn | 2.47 Bn | 25.14% |
| 6 | Illinois Tool Works | 80.91 Bn | 80.07 Bn | 1.90 Bn | 24.54% |
| 7 | Ametek | 54.64 Bn | 54.14 Bn | 735.04 Mn | 17.36% |
| 8 | Rockwell Automation | 48.38 Bn | 47.90 Bn | 1.14 Bn | 13.19% |
| 9 | Ingersoll Rand | 31.69 Bn | 30.51 Bn | 862.60 Mn | 21.13% |
| 10 | Generac Holdings | 12.06 Bn | 11.79 Bn | 521.81 Mn | 24.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 24.61% |
| Jun 30, 2026 | 24.61% |
| Jun 30, 2026 | 24.61% |
| Mar 31, 2026 | 24.44% |
| Mar 31, 2026 | 24.44% |
| Mar 31, 2026 | 24.44% |
| Dec 31, 2025 | 44.36% |
| Dec 31, 2025 | 44.36% |
| Dec 31, 2025 | 44.36% |
| Sep 30, 2025 | 15.01% |
| Sep 30, 2025 | 15.01% |
| Sep 30, 2025 | 15.01% |
| Jun 30, 2025 | 17.16% |
| Jun 30, 2025 | 17.16% |
| Jun 30, 2025 | 17.16% |
| Mar 31, 2025 | 24.33% |
| Mar 31, 2025 | 24.33% |
| Mar 31, 2025 | 24.33% |
| Dec 31, 2024 | 26.02% |
| Dec 31, 2024 | 26.02% |