Generac Holdings (GNRC) Tax Rate (2011 - 2026)
Generac Holdings' (GNRC) quarterly Tax Rate came in at 24.44% in Q1 2026, up 11.0% year-on-year from 22.02% in Q1 2025, and up 487.78% quarter-over-quarter from 4.16% in Q4 2025.
Generac Holdings (GNRC) Tax Rate (2011 - 2026) Analysis & Trends
Generac Holdings has disclosed Tax Rate across 16 years of filings, most recently posting 24.44% for Q1 2026.
- Tax Rate for Q1 2026 came in at 24.44%, up 11.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 26.81% (up 477.0% YoY), and the FY2025 annual result was 27.43%, up 485.0% from the prior year.
- Tax Rate came in at 24.44% for Q1 2026 at Generac Holdings, up from 4.16% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 124.73% in Q4 2022 to a low of 4.16% in Q4 2025.
- The 5-year median for Tax Rate is 23.66% (2023), against an average of 27.96%.
- Across the five-year window, Tax Rate jumped 11236 bps in 2022 and sank 10108 bps in 2023, its largest moves.
- Generac Holdings' Tax Rate stood at 124.73% in 2022, then plunged by 81 bps to 23.66% in 2023, then dropped by 20 bps to 18.85% in 2024, then tumbled by 78 bps to 4.16% in 2025, then soared by 488 bps to 24.44% in 2026.
- The last three Tax Rate figures came in at 24.44% (Q1 2026), 4.16% (Q4 2025), and 15.01% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 6.94% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 21.68% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 19.21% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 27.19% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 22.07% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 20.58% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 18.99% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 20.23% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 20.12% |
| 10 | Generac Holdings | 15.28 Bn | 15.01 Bn | 410.24 Mn | 24.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.44% |
| Mar 31, 2026 | 24.44% |
| Dec 31, 2025 | 4.16% |
| Dec 31, 2025 | 4.16% |
| Sep 30, 2025 | 15.01% |
| Sep 30, 2025 | 15.01% |
| Jun 30, 2025 | 17.16% |
| Jun 30, 2025 | 17.16% |
| Mar 31, 2025 | 24.33% |
| Mar 31, 2025 | 24.33% |
| Dec 31, 2024 | 18.85% |
| Dec 31, 2024 | 18.85% |
| Sep 30, 2024 | 22.72% |
| Sep 30, 2024 | 22.72% |
| Jun 30, 2024 | 24.96% |
| Jun 30, 2024 | 24.96% |
| Mar 31, 2024 | 31.25% |
| Mar 31, 2024 | 31.25% |
| Dec 31, 2023 | 23.66% |
| Dec 31, 2023 | 23.66% |