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Generac (GNRC) - 2024 Q3 - Earnings Call Presentation

Financial Performance - LTM Net Sales reached $4.1 billion[14] - LTM Adjusted EBITDA was $736 million[14] - The company anticipates free cash flow of approximately $500 million in 2024[121] - Q3 2024 Net Sales were $1,173.6 million, a 9.6% increase year-over-year[147] - Q3 2024 Adjusted EBITDA was $231.9 million, a 22.9% increase year-over-year[147] Revenue Mix - Residential product net sales accounted for 55% of the total, amounting to $2.3 billion[14, 19] - Commercial & Industrial product net sales represented 34% of the total, amounting to $1.4 billion[14, 19] - Other product net sales made up 11% of the total, amounting to $0.5 billion[14, 19] - Domestic net sales accounted for 83% of the total, while international net sales accounted for 17%[14] Market Opportunity - The U S home standby generator penetration rate is approximately 6 25%[63] - The company estimates that every 1% increase in penetration represents a $3 5 billion opportunity[63] - US Average Electricity Prices have increased +33% since 2020[72]