Explain this page
Arphra AIPlain-English read on Generac Holdings Inc.’s valuationRatios & metrics
Profitability, returns on capital, growth, and credit — all derived from the historical income statement, balance sheet, and cash flow rows in our data warehouse.
Valuation multiples
Price- and EV-based multiples plus shareholder yields. Snapshot at each fiscal year-end from key_metrics (FMP).
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Headline | |||||||||
| Market cap | — | — | — | — | — | — | — | — | — |
| Enterprise value | — | — | — | — | — | — | — | — | — |
| Multiples | |||||||||
| P / E | — | — | — | — | — | — | — | — | — |
| P / B | — | — | — | — | — | — | — | — | — |
| EV / EBITDA | — | — | — | — | — | — | — | — | — |
| EV / Sales | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — |
| Yields | |||||||||
| Earnings yield | — | — | — | — | — | — | — | — | — |
| Free cash flow yield | — | — | — | — | — | — | — | — | — |
| Dividend yield | — | — | — | — | — | — | — | — | — |
Profitability
Margin structure across the last 5 fiscal years
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Margins | |||||||||
| Gross margin | +36.39% | +33.34% | +33.94% | +38.77% | +38.29% | +37.55% | +37.85% | +36.11% | +37.75% |
| Operating margin | +19.30% | +12.41% | +9.60% | +12.49% | +6.87% | +9.70% | +9.88% | +9.57% | +9.54% |
| EBITDA margin | +21.85% | +15.76% | +13.79% | +15.62% | +11.50% | +13.74% | +13.53% | +13.34% | +13.57% |
| EBIT margin | +19.39% | +12.34% | +9.64% | +11.62% | +6.87% | +9.36% | +9.55% | +9.58% | +9.48% |
| Pre-tax margin | +18.50% | +11.14% | +7.22% | +9.53% | +4.73% | +7.32% | +7.28% | +7.25% | +7.09% |
| Net margin | +14.27% | +7.67% | +5.05% | +7.57% | +3.79% | +5.45% | +5.59% | +5.31% | +5.47% |
| Cost structure | |||||||||
| Cost of revenue / sales | +63.61% | +66.66% | +66.06% | +61.23% | +61.71% | +62.74% | +63.45% | +64.81% | +62.89% |
| R&D intensity | +2.79% | +3.50% | +4.31% | +5.11% | +5.78% | +5.16% | +4.97% | +5.19% | +5.19% |
| SG&A intensity | +12.40% | +15.17% | +17.44% | +18.89% | +23.22% | +19.84% | +20.36% | +20.02% | +20.21% |
| Effective tax rate | +19.52% | +19.59% | +25.21% | +22.58% | +18.94% | +21.18% | +21.60% | +22.49% | +22.94% |
Returns on capital
ROE / ROA / ROC / ROIC over the relevant capital base, plus the 3-step DuPont decomposition of ROE.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Returns | |||||||||
| Return on equity (ROE) | +23.48% | +14.78% | +8.64% | +13.02% | +6.05% | +9.06% | +9.49% | +9.01% | +8.99% |
| Return on assets (ROA) | +10.94% | +6.78% | +3.99% | +6.37% | +2.86% | +4.31% | +4.46% | +4.25% | +4.37% |
| Return on capital (ROC) | +20.07% | +14.27% | +9.46% | +13.51% | +7.28% | +10.02% | +10.32% | +10.15% | +9.90% |
| Return on invested capital (ROIC) | +14.84% | +8.82% | +4.97% | +8.19% | +4.02% | +5.63% | +5.84% | +5.63% | +5.67% |
| Asset turnover | +76.62% | +88.30% | +78.98% | +84.08% | +75.52% | +79.03% | +79.85% | +80.06% | +79.94% |
| DuPont · ROE decomposition | |||||||||
| Net margin | +14.27% | +7.67% | +5.05% | +7.57% | +3.79% | +5.45% | +5.59% | +5.31% | +5.47% |
| Asset turnover (× revenue / assets) | +76.62% | +88.30% | +78.98% | +84.08% | +75.52% | +79.03% | +79.85% | +80.06% | +79.94% |
| Equity multiplier (× assets / equity) | +214.68% | +218.15% | +216.77% | +204.58% | +211.20% | +210.48% | +212.73% | +211.95% | +205.66% |
Activity & efficiency
Turnover ratios and days-outstanding — how efficiently the business converts assets and working capital into sales and cash.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||
| Asset turnover | 0.77 | 0.88 | 0.79 | 0.84 | 0.76 | 0.79 | 0.80 | 0.80 | 0.80 |
| Fixed-asset turnover | 6.64 | 7.10 | 5.02 | 5.01 | 4.54 | — | — | — | — |
| Inventory turnover | 2.18 | 2.17 | 2.28 | 2.55 | 2.08 | — | — | — | — |
| Receivables turnover | 6.84 | 8.74 | 7.49 | 7.02 | 6.98 | — | — | — | — |
| Payables turnover | 3.53 | 6.82 | 7.80 | 5.73 | 5.95 | — | — | — | — |
| Days outstanding | |||||||||
| Days sales outstanding (DSO) | 53.37 | 41.78 | 48.75 | 52.01 | 52.27 | — | — | — | — |
| Days inventory outstanding (DIO) | 167.32 | 168.59 | 160.37 | 143.16 | 175.50 | — | — | — | — |
| Days payables outstanding (DPO) | 103.52 | 53.51 | 46.80 | 63.65 | 61.35 | — | — | — | — |
| Cash conversion cycle | 117.17 | 156.86 | 162.32 | 131.52 | 166.41 | — | — | — | — |
Cash flow quality
How well reported earnings translate into operating and free cash flow, plus reinvestment intensity.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Operating CF / Net income | 0.77 | 0.17 | 2.57 | 2.28 | 2.75 | 2.46 | 2.47 | 2.52 | 2.43 |
| FCF / Net income | 0.56 | -0.08 | 1.93 | 1.86 | 1.68 | 1.79 | 1.81 | 1.91 | 1.88 |
| FCF margin | +8.06% | -0.61% | +9.76% | +14.07% | +6.37% | +9.77% | +10.09% | +10.16% | +10.27% |
| OCF margin | +11.00% | +1.28% | +12.97% | +17.26% | +10.41% | +13.39% | +13.79% | +13.38% | +13.29% |
| CapEx / Revenue | +2.94% | +1.89% | +3.21% | +3.18% | +4.04% | +3.41% | +3.55% | +3.56% | +3.52% |
| CapEx / D&A | 1.20 | 0.55 | 0.77 | 0.80 | 0.87 | — | — | — | — |
| Stock-based comp / Revenue | +0.64% | +0.69% | +0.93% | +1.19% | +1.19% | — | — | — | — |
Per-share & shareholder yield
EPS, book value, sales, cash flow and dividends per share — plus payout / retention.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| EPS · diluted | 8.30 | 5.42 | 3.27 | 5.39 | 2.69 | 8.93 | 10.98 | 13.66 | 17.01 |
| EPS · basic | 8.51 | 5.55 | 3.31 | 5.46 | 2.73 | 9.06 | 11.28 | 13.64 | 17.40 |
| Book value / share | 35.36 | 36.64 | 37.86 | 41.38 | 44.52 | 49.65 | 55.93 | 62.80 | 72.11 |
| Tangible BV / share | -2.78 | 0.59 | 1.15 | 5.02 | 8.38 | 49.65 | 55.93 | 62.80 | 72.11 |
| Sales / share | 58.16 | 70.57 | 64.82 | 71.18 | 71.01 | 82.59 | 95.01 | 106.57 | 118.54 |
| Operating CF / share | 6.40 | 0.90 | 8.41 | 12.28 | 7.39 | 11.06 | 13.10 | 14.26 | 15.76 |
| Free cash flow / share | 4.69 | -0.43 | 6.33 | 10.02 | 4.52 | 8.07 | 9.59 | 10.83 | 12.18 |
| Dividends / share | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Payout ratio | 0.00% | +0.09% | 0.00% | +0.08% | +0.18% | +0.08% | +0.08% | +0.08% | +0.08% |
| Retention ratio | +100.00% | +99.91% | +100.00% | +99.92% | +99.82% | +99.92% | +99.92% | +99.92% | +99.92% |
Growth
Year-over-year change for headline P&L lines, plus through-cycle CAGR
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E | 8y CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Top-line | ||||||||||
| Revenue · YoY | — | +22.14% | -11.88% | +6.79% | -2.02% | +16.85% | +13.65% | +13.30% | +11.51% | +8.28% |
| Gross profit · YoY | — | +11.91% | -10.29% | +21.99% | -3.24% | +14.60% | +14.55% | +8.09% | +16.57% | +8.78% |
| Profit | ||||||||||
| Operating income · YoY | — | -21.47% | -31.81% | +38.98% | -46.12% | +64.90% | +15.84% | +9.75% | +11.10% | -0.85% |
| EBITDA · YoY | — | -11.89% | -22.92% | +20.99% | -27.86% | +39.62% | +11.92% | +11.72% | +13.41% | +2.02% |
| Net income · YoY | — | -34.33% | -42.02% | +60.15% | -50.95% | +67.94% | +16.56% | +7.61% | +14.85% | -3.96% |
| Operating | ||||||||||
| EBIT · YoY | — | -22.25% | -31.13% | +28.67% | -42.06% | +59.17% | +15.98% | +13.64% | +10.35% | -0.98% |
| R&D · YoY | — | +53.18% | +8.56% | +26.61% | +10.87% | +4.22% | +9.47% | +18.29% | +11.59% | +17.02% |
| Per-share | ||||||||||
| EPS · diluted · YoY | — | -34.70% | -39.67% | +64.83% | -50.09% | +231.95% | +23.01% | +24.36% | +24.53% | +9.38% |
| EPS · basic · YoY | — | -34.78% | -40.36% | +64.95% | -50.00% | +231.71% | +24.55% | +20.97% | +27.52% | +9.35% |
Credit & leverage
Balance-sheet health + interest coverage + liquidity. Coverage ratios use period-end debt and trailing interest expense.
ActualEstimate
| In USD | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | 2026E | 2027E | 2028E | 2029E |
|---|---|---|---|---|---|---|---|---|---|
| Leverage | |||||||||
| Total debt | $1.32B | $1.6B | $1.73B | $1.48B | $1.33B | $1.8B | $2.06B | $2.24B | $2.51B |
| Net debt | $1.17B | $1.47B | $1.53B | $1.19B | $991.65M | $1.48B | $1.69B | $1.84B | $2.04B |
| Net debt / EBITDA | 1.44 | 2.04 | 2.76 | 1.78 | 2.05 | 2.19 | 2.23 | 2.17 | 2.13 |
| Debt / equity | 0.58 | 0.68 | 0.74 | 0.59 | 0.51 | 0.61 | 0.63 | 0.60 | 0.58 |
| Debt / assets | +27.10% | +30.95% | +34.04% | +28.88% | +23.92% | +28.95% | +29.45% | +28.31% | +28.42% |
| Equity / assets | +46.58% | +45.84% | +46.13% | +48.88% | +47.35% | +47.51% | +47.01% | +47.18% | +48.63% |
| Coverage | |||||||||
| EBITDA / interest expense | 24.78 | 13.12 | 5.68 | 7.48 | 6.85 | 6.74 | 6.69 | 6.64 | 6.50 |
| Operating income / interest | 21.88 | 10.33 | 3.96 | 5.98 | 4.09 | 4.75 | 4.88 | 4.77 | 4.57 |
| Interest expense | $32.95M | $54.83M | $97.63M | $89.71M | $70.7M | $100.31M | $113.12M | $127.19M | $147.38M |
| Liquidity | |||||||||
| Current ratio | 1.60 | 2.20 | 2.27 | 1.97 | 2.03 | — | — | — | — |
| Quick ratio | 0.60 | 0.66 | 0.84 | 0.86 | 0.78 | — | — | — | — |
| Cash ratio | 0.13 | 0.13 | 0.23 | 0.27 | 0.28 | — | — | — | — |
| Working capital | $692.56M | $1.19B | $1.12B | $999.02M | $1.25B | — | — | — | — |
| Working capital / revenue | +18.53% | +26.08% | +27.77% | +23.26% | +29.63% | — | — | — | — |
Methodology. ROE / ROA / ROC use period-end balance-sheet denominators (no average-of- period smoothing). ROIC = Operating Income × (1 − inferred effective tax rate) over invested capital, with the effective tax inferred from net-to-operating income when both are positive and a 25% default otherwise. Net debt / EBITDA, debt ratios, and interest-coverage ratios are calculated point-in-time at each fiscal year-end. TTM = trailing 4 quarters (income / cash flow summed, balance sheet = most-recent quarterly snapshot). Through-cycle CAGR in the Growth panel uses the geometric mean of first-to-last period growth across the window (positive values only).