Operating Income for Generac (GNRC)
According to Generac's latest reported financial statements, the company's current operating income (TTM) is $289.19M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

GNRC
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$289.19M
YoY change
-46.1%
5Y CAGR
-9.6%
Peak year (2021)
$721.14M
Cumulative operating income
$5.68B
Operating Income history chart for Generac (GNRC) from 2007 to 2025
Operating Income history table for Generac (GNRC) from 2007 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $289.19M | -46.1% | ||
| 2024 | $536.74M | +39.0% | ||
| 2023 | $386.20M | -31.8% | ||
| 2022 | $566.33M | -21.5% | ||
| 2021 | $721.14M | +50.5% | ||
| 2020 | $479.11M | +28.7% | ||
| 2019 | $372.16M | +4.2% | ||
| 2018 | $357.18M | +42.3% | ||
| 2017 | $251.06M | +22.7% | ||
| 2016 | $204.62M | +14.0% | ||
| 2015 | $179.56M | -38.8% | ||
| 2014 | $293.38M | -16.5% | ||
| 2013 | $351.46M | +57.2% | ||
| 2012 | $223.56M | +97.9% | ||
| 2011 | $112.98M | +25.1% | ||
| 2010 | $90.30M | -8.3% | ||
| 2009 | $98.51M | +38.4% | ||
| 2008 | $71.19M | -24.9% | ||
| 2007 | $94.84M | — |
Operating Income values are taken from Generac's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual operating income for Generac (GNRC) came in at $289.19M – plunged 46.1% year-over-year.
Generac operating income has contracted on net over the period, with a -9.6% compound annual growth rate over 2020–2025 (5 years).
Generac operating income plunged from $721.14M in 2021 to $289.19M in 2025, a 59.9% drawdown.
$721.14M stands as the all-time-high annual operating income, posted in 2021, against a low of $71.19M during 2008.
Within Industrials, Generac (GNRC) ranks 8th among 8 peers we track. The peer median for operating income is $8.59B.
Generac Operating Income by Year
Generac Operating Income 2025: $289.19M
Generac operating income in 2025 was $289.19M, plunged 46.1% below 2024.
Generac Operating Income 2024: $536.74M
Generac operating income in 2024 was $536.74M, surged 39.0% from 2023.
Generac Operating Income 2023: $386.20M
Generac operating income in 2023 was $386.20M, plunged 31.8% below 2022.
Generac Operating Income 2022: $566.33M
Generac operating income in 2022 was $566.33M, declined 21.5% below 2021.
Generac Operating Income 2021: $721.14M
Generac operating income in 2021 was $721.14M.
See more financial history for Generac (GNRC).
Sector peers — Operating Income
Companies in the same sector as Generac, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Caterpillar Inc. (CAT) | $11.21B | Industrials |
| Union Pacific Corporation (UNP) | $9.84B | Industrials |
| RTX Corporation (RTX) | $8.89B | Industrials |
| GE Aerospace (GE) | $8.77B | Industrials |
| Deere & Company (DE) | $8.42B | Industrials |
| Honeywell International Inc. (HON) | $6.57B | Industrials |
| Eaton Corporation plc (ETN) | $5.23B | Industrials |
| The Boeing Company (BA) | -$5.42B | Industrials |
Frequently asked questions
What is Generac's operating income?
- Latest reported operating income for Generac (GNRC) is $289.19M (period ending December 31, 2025).
How has Generac operating income changed year-over-year?
- Generac (GNRC) operating income changed -46.1% year-over-year on the latest annual filing.
What is the long-term growth rate of Generac operating income?
- Generac (GNRC) operating income compound annual growth rate is -9.6% over the most recent 5 years available.
When did Generac operating income hit its highest annual value?
- Generac operating income reached its highest annual value of $721.14M in 2021.
What was Generac operating income in 2024?
- Generac (GNRC) operating income in 2024 was $536.74M.
What was Generac operating income in 2025?
- Generac (GNRC) operating income in 2025 was $289.19M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
GNRC Overview
Company profile, financial tools, and key metrics
GNRC Revenue Counter
Earns $133.47 every second. See per minute, hour, and day.
GNRC Earnings Counter
Earns $5.06 per second net profit. See per minute, hour, and day.
GNRC Economic Scale
Exceeds Djibouti's GDP. Compare with world economies.
GNRC What If Invested
What if you had invested $1,000? See historical returns from any date.
GNRC How It Makes Money
Discover visual breakdown of $4.21B in revenue — where it comes from and where it goes.
GNRC Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
GNRC Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
GNRC Daily Price Character
Explosive · 51.7% historical win rate (green days). Streaks & record days.
GNRC Buybacks
1.86% TTM buyback yield. Shareholder yield & SBC comparison.
GNRC Dividend Profile
Yield: 1.98%. Safety: 4/6. See full history.
GNRC Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
GNRC Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.