Generac (US:GNRC)2025-06-24 09:54Financial Performance & Growth - Generac's Last Twelve Months (LTM) net sales reached $4437 million [108], reflecting a 39.1% year-over-year increase [108] - The company's LTM adjusted EBITDA was $897.4 million [108], with an adjusted EBITDA margin of 20.2% [108] - In Q2 2022, net sales were $1291.4 million [108], a 40.4% increase year-over-year [108] - The company anticipates a consolidated revenue increase between 36% to 40% for the year [69] - The company's free cash flow for the Last Twelve Months (LTM) was $52.7 million [60] Market & Strategy - Generac estimates a ~$8 billion Grid Services Served Addressable Market (SAM) opportunity by 2025 in North America, Europe, and Australia [57] - The company projects an approximate 5X expansion of its Served Addressable Market (SAM) from $14 billion in 2018 to $72 billion in 2025 [35] - The total US penetration rate of Home Standby Generators (HSB) was estimated at ~5.5% at the end of 2021 [41] - The company has a 60% share of the US telecom market [107] Business Outlook - The company expects adjusted EBITDA margins between 21.5% and 22.5% [65] - The company anticipates a GAAP effective tax rate of approximately 23.0% [66]