---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-003977"
form_type: "8-K"
ticker: "GNRC"
cik: "0001474735"
company_name: "GENERAC HOLDINGS INC."
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:13:54.025697+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Generac Q4 adj. EPS $2.07 beat; guides 2024 sales growth 3-7%; new $500M buyback

## Summary
- Q4 net sales $1.06B (+1% YoY); net income $97M ($1.57 EPS); adjusted EPS $2.07 vs $1.78 prior year.
- Record Q4 free cash flow $266M vs $80M; full-year free cash flow $396M vs ($24M) in 2022.
- Full-year 2023 net sales down 12% to $4.02B; residential -29% to $2.06B; C&I +19% to $1.49B.
- 2024 guidance: net sales growth 3-7%; adj. EBITDA margin 16.5-17.5%; residential mid-teens growth.
- Board authorized new $500M share repurchase program over 24 months; completed $30M Wallbox investment.

## SEC filing metadata
- accession: 0001437749-24-003977
- form_type: 8-K
- ticker: GNRC
- cik: 0001474735
- company_name: GENERAC HOLDINGS INC.
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1474735/000143774924003977/0001437749-24-003977-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1474735/000143774924003977/gnrc20240212_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-003977
- JSON: https://secwatch.observer/filing/0001437749-24-003977.json
- Plain text: https://secwatch.observer/filing/0001437749-24-003977.txt

## Key facts
- Earnings Releases
  GENERAC HOLDINGS INC. updated its fourth quarter and full year ended December 31, 2023 guidance (reaffirmed).
  - Period: fourth quarter and full year ended December 31, 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: On February 14, 2024, Generac Holdings Inc. (the “Company,” “we,” “us” or “our”) issued a press release (the “Press Release”) announcing its financial results for the fourth quarter and full year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1474735/000143774924003977/0001437749-24-003977-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.