Generac (US:GNRC)2025-06-24 09:49Company Overview - Generac's LTM net sales reached $43 billion [12] - The company's LTM adjusted EBITDA was $811 million [12] - Residential product net sales accounted for 57% of the LTM product net sales mix [12] - Commercial & Industrial product net sales made up 32% of the LTM product net sales mix [12] Financial Performance and Guidance - The company anticipates a consolidated net sales increase between 0% and 7% for 2025 [111] - Adjusted EBITDA margins are projected to be between 170% and 190% in 2025 [112] - The company expects a 70% to 90% conversion of adjusted net income to free cash flow [114] Market and Growth Opportunities - The total US penetration rate of home standby generators is approximately 65% [58] - Texas, Florida, and California account for about 25% of the US addressable homes [58] - The company estimates the 2024 total addressable market for residential energy technology to be approximately $7 billion [64]