Financial PerformanceGenerac reported a significant increase in demand for residential products, leading to record net sales, adjusted EBITDA, adjusted net income, and all-time quarterly free cash flow generation.
Growth PotentialGenerac's clean energy business offers optionality with potential material strides from a low base with new products emerging.
Market PositionGenerac is experiencing secular growth with mid-single-digit product penetration and has a strong franchise with ~70% share in its core HSB market.