Generac (US:GNRC)2025-06-24 09:56Financial Performance & Growth - Generac's LTM (Last Twelve Months) net sales reached $4,065.6 million, reflecting a 44.3% year-over-year increase[114] - Adjusted EBITDA for LTM was $843.6 million, with a margin of 20.8%[114] - The company anticipates consolidated revenue to increase between 36% to 40% in 2022[84] - Residential product sales are expected to increase at a mid-to-high 40% rate in 2022[84] - C&I (Commercial & Industrial) product sales are projected to increase at a high-teens rate in 2022[84] Market & Strategic Positioning - Domestic sales account for 85% of LTM net sales, while international sales contribute 15%[15] - Residential segment constitutes 66% of the business, Commercial & Industrial 27%, and Other 7%[16] - The company estimates an ~$8 billion Grid Services SAM (Served Addressable Market) opportunity by 2025 in North America, Europe, and Australia[50] - The total US penetration rate for Home Standby Generators (HSB) was estimated at ~5.5% at the end of 2021[55] - Energy Technology revenue streams are projected to add ~$350 million by 2024[62] Capital Allocation & Outlook - The company's capital deployment priorities include organic growth, M&A, paying down debt, and returning capital to shareholders[79] - The company projects adjusted EBITDA margins between 21.5% to 22.5% for 2022[80] - The company projects a GAAP effective tax rate between 23.0% to 24.0% for 2022[81]