Generac Holdings (GNRC) Tax Rate (2011 - 2026)
Generac Holdings (GNRC) reported Tax Rate of 24.61% for Q2 2026, up 7.45 percentage points from 17.16% a year earlier and up 0.18 percentage points from the prior quarter.
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Analysis
Generac Holdings (GNRC) Tax Rate (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Generac Holdings' Tax Rate came in at 23.25%, up 2.72 percentage points year-over-year; for FY2025, it came in at 18.94%, down 3.64 percentage points from FY2024.
- Tax Rate has a five-year change of -3.24 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 22.58% in FY2024 (-2.63 pp), 25.21% in FY2023 (+5.62 pp), 19.59% in FY2022 (+0.07 pp) and 19.52% in FY2021 (-2.67 pp).
- The Q2 2026 figure ranks as the highest quarterly Tax Rate since Q2 2024.
- Year over year, Tax Rate gained in two of the last eight quarters, with an average year-over-year change of -3.33 percentage points.
- The high point for year-over-year Tax Rate in five years was Q1 2023 (a gain of 16.00 percentage points); the low point was Q4 2021 (a drop of 11.41 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 24.44% (Q1 2026), 13.42% (Q4 2025) and 15.01% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 29.84% |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 0.75% |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 8.01% |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 21.56% |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 24.61% |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | 16.88% |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 13.75% |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 41.71% |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 28.32% |
| 10 | Nuscale Power | 3.24 Bn | 3.19 Bn | -152,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.61% |
| Mar 31, 2026 | 24.44% |
| Sep 30, 2025 | 15.01% |
| Jun 30, 2025 | 17.16% |
| Mar 31, 2025 | 24.33% |
| Dec 31, 2024 | 18.85% |
| Sep 30, 2024 | 22.72% |
| Jun 30, 2024 | 24.96% |
| Mar 31, 2024 | 31.25% |
| Dec 31, 2023 | 23.66% |
| Sep 30, 2023 | 24.27% |
| Jun 30, 2023 | 25.90% |
| Mar 31, 2023 | 35.66% |
| Dec 31, 2022 | 15.51% |
| Sep 30, 2022 | 16.09% |
| Jun 30, 2022 | 22.52% |
| Mar 31, 2022 | 19.66% |
| Dec 31, 2021 | 12.38% |
| Sep 30, 2021 | 19.72% |
| Jun 30, 2021 | 26.60% |
API Access
Generac Holdings Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=GNRC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "GNRC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=GNRC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();