Stock Analysis on Net
Stock Analysis on Net

Generac Holdings Inc. (NYSE:GNRC)

This company has been moved to the archive! The financial data has not been updated since August 8, 2022.

Total Asset Turnover 
since 2010

Microsoft Excel

Calculation

Generac Holdings Inc., total asset turnover, long-term trends, calculation

Microsoft Excel
Total asset turnover = Net sales1 ÷ Total assets1
Dec 31, 2021 0.77 = 3,737,184 ÷ 4,877,780
Dec 31, 2020 0.77 = 2,485,200 ÷ 3,235,423
Dec 31, 2019 0.83 = 2,204,336 ÷ 2,665,669
Dec 31, 2018 0.83 = 2,023,464 ÷ 2,426,314
Dec 31, 2017 0.83 = 1,672,445 ÷ 2,019,964
Dec 31, 2016 0.78 = 1,444,453 ÷ 1,861,684
Dec 31, 2015 0.73 = 1,317,299 ÷ 1,792,816
Dec 31, 2014 0.78 = 1,460,919 ÷ 1,882,542
Dec 31, 2013 0.83 = 1,485,765 ÷ 1,798,205
Dec 31, 2012 0.73 = 1,176,306 ÷ 1,603,847
Dec 31, 2011 0.51 = 791,976 ÷ 1,552,793
Dec 31, 2010 0.49 = 592,880 ÷ 1,209,883

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).

1 US$ in thousands

Net Sales
Net sales exhibited a consistent upward trend over the analyzed period, increasing substantially from approximately $593 million in 2010 to nearly $3.74 billion by 2021. The growth was particularly notable after 2017, with sales rising from about $1.67 billion to $3.74 billion in 2021, reflecting strong revenue expansion in the latter years.
Total Assets
Total assets demonstrated continuous growth throughout the period, rising from around $1.21 billion in 2010 to approximately $4.88 billion in 2021. Asset growth accelerated especially from 2018 onward, indicating significant investment and asset accumulation in recent years.
Total Asset Turnover
The total asset turnover ratio, reflecting the efficiency of asset use to generate sales, improved from 0.49 in 2010 to a peak of 0.83 in 2013 and remained relatively stable around that level through 2019. There was a slight decrease to 0.77 in 2020 and 2021, suggesting a marginal decline in asset utilization efficiency in the latest period despite continued revenue and asset growth.

Comparison to Competitors

Generac Holdings Inc., total asset turnover, long-term trends, comparison to competitors

Microsoft Excel
Generac Holdings Inc. Boeing Co. Caterpillar Inc. Eaton Corp. plc GE Aerospace Honeywell International Inc. Lockheed Martin Corp. RTX Corp.
Dec 31, 2021 0.77 0.45 0.58 0.58 0.36 0.53 1.32 0.40
Dec 31, 2020 0.77 0.38 0.50 0.56 0.29 0.51 1.29 0.35
Dec 31, 2019 0.83 0.57 0.65 0.65 0.33 0.63 1.26 0.55
Dec 31, 2018 0.83 0.86 0.66 0.70 0.37 0.72 1.20 0.50
Dec 31, 2017 0.83 1.01 0.55 0.63 0.30 0.68 1.10 0.62
Dec 31, 2016 0.78 1.05 0.48 0.65 0.30 0.73 0.99 0.64
Dec 31, 2015 0.73 1.02 0.56 0.67 0.21 0.78 0.94 0.64
Dec 31, 2014 0.78 0.91 0.62 0.67 0.16 0.89 1.23 0.71
Dec 31, 2013 0.83 0.93 0.62 0.62 0.15 0.86 1.25 0.69
Dec 31, 2012 0.73 0.92 0.71 0.46 0.15 0.90 1.22 0.65
Dec 31, 2011 0.51 0.86 0.70 0.90 0.13 0.92 1.23 0.95
Dec 31, 2010 0.49 0.94 0.62 0.79 0.13 0.88 1.31 0.93

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).

Comparison to Sector (Capital Goods)

Generac Holdings Inc., total asset turnover, long-term trends, comparison to sector (capital goods)

Microsoft Excel
Generac Holdings Inc. Capital Goods
Dec 31, 2021 0.77 0.50
Dec 31, 2020 0.77 0.43
Dec 31, 2019 0.83 0.54
Dec 31, 2018 0.83 0.58
Dec 31, 2017 0.83 0.54
Dec 31, 2016 0.78 0.54
Dec 31, 2015 0.73 0.46
Dec 31, 2014 0.78 0.41
Dec 31, 2013 0.83 0.39
Dec 31, 2012 0.73 0.38
Dec 31, 2011 0.51 0.36
Dec 31, 2010 0.49 0.34

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).

Comparison to Industry (Industrials)

Generac Holdings Inc., total asset turnover, long-term trends, comparison to industry (industrials)

Microsoft Excel
Generac Holdings Inc. Industrials
Dec 31, 2021 0.77 0.58
Dec 31, 2020 0.77 0.50
Dec 31, 2019 0.83 0.62
Dec 31, 2018 0.83 0.67
Dec 31, 2017 0.83 0.62
Dec 31, 2016 0.78 0.61
Dec 31, 2015 0.73 0.54
Dec 31, 2014 0.78 0.49
Dec 31, 2013 0.83 0.47
Dec 31, 2012 0.73 0.46
Dec 31, 2011 0.51 0.45
Dec 31, 2010 0.49 0.41

Based on: 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31).