Generac Holdings Q1 Sales Rise Slightly, Debt Remains Stable
Ticker: GNRC · Form: 10-Q · Filed: May 6, 2025 · CIK: 1474735
| Field | Detail |
|---|---|
| Company | Generac Holdings Inc. (GNRC) |
| Form Type | 10-Q |
| Filed Date | May 6, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: earnings, debt, financials
TL;DR
Generac Q1 sales up slightly to $35.9B, debt at $500M. Watch out for interest rate swap losses.
AI Summary
Generac Holdings Inc. reported first quarter 2025 results with net sales of $35,944 million, a slight increase from $35,465 million in the prior year. The company's long-term debt and capital lease obligations stood at $500,000,000 as of March 31, 2025. The filing also mentions unrealized losses of $(5,732) on interest rate swaps, net of tax recognized of $1,419.
Why It Matters
This filing provides insight into Generac's financial performance and debt levels, which are crucial for investors assessing the company's stability and future growth prospects.
Risk Assessment
Risk Level: medium — The company's financial results are subject to market fluctuations and interest rate sensitivity, as indicated by the losses on interest rate swaps.
Key Numbers
- $35.9B — Net Sales (Q1 2025) (Represents the company's top-line revenue for the first quarter of 2025.)
- $500.0B — Long-Term Debt and Capital Lease Obligations (Indicates the company's significant financial leverage as of March 31, 2025.)
- $14.95B — Total Assets (Q1 2025) (Shows the overall size of the company's asset base at the end of the first quarter.)
- $1.419B — Net Tax Recognized on Interest Rate Swaps (Reflects a specific financial adjustment related to hedging activities.)
- $2.686B — Total Liabilities (Q1 2025) (Represents the company's total obligations as of the end of the first quarter.)
Key Players & Entities
- Generac Holdings Inc. (company) — Filer
- 35,944 (dollar_amount) — Q1 2025 Net Sales
- 35,465 (dollar_amount) — Prior Year Net Sales
- 500,000,000 (dollar_amount) — Long-Term Debt and Capital Lease Obligations
- March 31, 2025 (date) — Reporting Period End Date
- Aaron Jagdfeld (person) — Chief Executive Officer
- $(5,732) (dollar_amount) — Unrealized losses on interest rate swaps
- $1,419 (dollar_amount) — Net tax recognized on interest rate swaps
FAQ
What were Generac's net sales for the first quarter of 2025?
Generac's net sales for the first quarter of 2025 were $35,944 million.
What is the total amount of Generac's long-term debt and capital lease obligations as of March 31, 2025?
As of March 31, 2025, Generac's long-term debt and capital lease obligations totaled $500,000,000.
What was the net impact of unrealized losses on interest rate swaps for the three-month period?
The company recognized unrealized losses of $(5,732) on interest rate swaps, with a net tax recognized of $1,419 for the three-month period.
Who is the Chief Executive Officer of Generac Holdings Inc.?
Aaron Jagdfeld is the Chief Executive Officer of Generac Holdings Inc.
What are the primary components of 'Other segment items' mentioned in the filing?
Other segment items primarily represent depreciation and amortization, non-cash write-down and other adjustments, non-cash shared-based compensation expense, transaction costs and credit facility fees, business optimization and other charges, and provision for legal, regulatory, and clean energy product charges.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 6, 2025 by Aaron Jagdfeld regarding GENERAC HOLDINGS INC. (GNRC).