Generac

Generac makes portable, residential, commercial & industrial generators, as well as manual and fully automatic transfer switches, battery backup systems and power washers. Read more

Aaron Jagdfeld's photo - Chairman & CEO of Generac

Chairman & CEO

Aaron Jagdfeld

CEO Approval Rating

76/100

Founded:

1959

Status:

PublicIndependent CompanyNYSEGNRC

GENERAC TOP COMPETITORS OR ALTERNATIVES

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Briggs & Stratton Corporation is a top competitor of Generac. Briggs & Stratton Corporation was founded in 1908, and is headquartered in Wauwatosa, Wisconsin. Briggs & Stratton Corporation is in the Industrial Machinery & Equipment industry. Briggs & Stratton Corporation generates $1.1B less revenue vs. Generac.

TAW is seen as one of Generac's top competitors. TAW is headquartered in Riverview, Florida, and was founded in 1921. TAW is in the Industrial Machinery & Equipment field. TAW generates 5.96% the revenue of Generac.

Caterpillar has been one of Generac's top competitors. Caterpillar's headquarters is in PeoriaDeerfield, Illinois, and was founded in 1925. Caterpillar competes in the Industrial Machinery & Equipment industry. Caterpillar generates 1,526% of Generac's revenue.

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Generac Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$2.8B

Generac's revenue is the ranked 10th among it's top 10 competitors. The top 10 competitors average 27.2B. Over the last four quarters, Generac's revenue has grown by 47.7%. Specifically, in Q1 2021's revenue was $807.4M; in Q4 2020, it was $761.1M; in Q3 2020, it was $701.4M; in Q2 2020, Generac's revenue was $546.8M.

Generac Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Deep Sea Electronics Ltd.

Jun 2021

Source »
$343.7M
DSE is a UK-based firm that manufactures and supplies generators, auto transfer switches, off-highway controllers and battery chargers.
Enbala Power Networks, Inc.

Oct 2020

Source »
undisclosed
Enbala develops a distributed energy management software that provides operational maintenance and reporting services for the renewable energy sector.
Pika Energy, Inc.

Apr 2019

Source »
undisclosed
Pika Energy designs, develops and markets solar energy storage batteries, PV links and inverters.
Neurio Technology, Inc.

Mar 2019

Source »
undisclosed
Neurio develops a software integrated energy monitoring device to optimize utility consumption for the residential sector.
Selmec

Feb 2018

Source »
undisclosed
Selmec is a designer and manufacturer of industrial generators and other engine powered products.

These are all the companies that Generac has acquired. Generac has acquired 10 companies and its latest acquisition was Deep Sea Electronics Ltd. in Jun 2021. DSE is a UK-based firm that manufactures and supplies generators, auto transfer switches, off-highway controllers and battery chargers.

Generac Funding History

Since Generac was founded in 1959, it has participated in 1 round of funding. In total Generac has raised $243.8M. Generac's funding round was on Feb 2010 for a total of $243.8M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Feb 2010
$243.8M

Since Generac was founded in 1959, it has participated in 1 round of funding. In total Generac has raised $243.8M. Generac's funding round was on Feb 2010 for a total of $243.8M

Generac Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Sofdesk develops a SaaS-based platform that provides solar and roofing sales acceleration solutions to businesses.
$5.7M
Oct 23, 2019
Series B
-
Tank Utility is a meter-integrated mobile application that allows users to monitor and control propane fuel tank levels.
$6M
Feb 13, 2019
Equity
-
Tank Utility is a meter-integrated mobile application that allows users to monitor and control propane fuel tank levels.
$2.2M
Aug 29, 2016
Seed
-

These are all the companies that Generac has invested in. Generac has invested 10 companies and its latest investment was Deep Sea Electronics Ltd. in Jun 2021. DSE is a UK-based firm that manufactures and supplies generators, auto transfer switches, off-highway controllers and battery chargers.

Generac News

May 11, 2021The Business Journals: Greensboro/Winston-Salem/High Point

Milwaukee County Zoo and Generac announce multi-year partnership for Zoo Terrace

The Milwaukee County Zoo and Waukesha-based Generac Power Systems announce a multi-year partnership t... See more »
May 3, 2021MarketScreener

Investor Presentation - May 2021

(marketscreener.com) INVESTOR PRESENTATION MAY 2021 "Generac's mission is to ensure peace of mind by ... See more »
April 30, 2021Markets Insider

Generac Wins Silver in 2021 Edison Awards

WAUKESHA, Wis., April 30, 2021 /PRNewswire/ -- GeneracⓇ Power Systems (NYSE: GNRC) has been chosen as... See more »
April 29, 2021MarketScreener

Press Release, dated April 29, 2021

(marketscreener.com) Generac Holdings Inc. , a leading global designer and manufacturer of energy tec... See more »
April 29, 2021The Business Journals: Greensboro/Winston-Salem/High Point

Generac to boost capacity at Wisconsin plant as sales skyrocket 70%

With sales of its residential products - most notably standby generators - skyrocketing 110% over a y... See more »
April 14, 2021Markets Insider

Ensuring Reliable Power Source Essential As Forecasters Release Predictions for Hurricane Season

WAUKESHA, Wis., April 14, 2021 /PRNewswire/ -- Two major weather outlets have issued their annual out... See more »

Generac Press Releases

February 16, 2021EIN Presswire

Unprecedented Winter Storm Creates Widespread Power Outages

Generac's web resources on Power Outage Central help prepare and informWAUKESHA, WI, UNITED STATES, F... See more »
August 3, 2020PR Newswire

New Generac 24kW Generator Powers More, Costs Thousands Less

WAUKESHA, Wis., Aug. 3, 2020 /PRNewswire/ -- Generac Power Systems, Inc., the leading manufacturer of... See more »
June 11, 2020PR Newswire

Generac Industrial Power Leads The Way With New Transfer Switches

WAUKEHSA, Wis., June 11, 2020 /PRNewswire/ -- Generac Industrial Power is proud to introduce the firs... See more »
February 10, 2020centralcharts

Ringing in Ten Years of Growth

Ringing in Ten Years of Growth Generac celebrates a decade on the New York Stock Exchange PR Newswire... See more »
June 20, 2019PRWeb

Green Solar Technologies Proud to be Partnered with Generac

Nicki Zvik shares why GST is proud to partner with Generac.(PRWeb June 20, 2019)Read the full story a... See more »
June 5, 2019PRWeb

Maine's Innovation Organizations Celebrate Team Victory on Pika Energy Deal

MTI, FAME, CEI, Maine Venture Fund and Maine Angels Work Together to Support Technology Company's Gro... See more »
May 17, 2019PR Newswire

Preparedness Concerns Drive Enticing 10-year Warranty Offer From Generac

WAUKESHA, Wis., May 17, 2019 /PRNewswire/ -- Generac (NYSE:GNRC) announced this week it will offer a ... See more »

Generac Videos

September 23, 2020Generac Power Systems Youtube Channel

"Generac GP Series 6500 COsense portable generator" on YOUTUBE

September 23, 2020Generac Power Systems Youtube Channel

"Why won't my Generac portable generator produce power?" on YOUTUBE

September 23, 2020Generac Power Systems Youtube Channel

"What to do when your Generac portable generator won't start" on YOUTUBE

September 23, 2020Generac Power Systems Youtube Channel

"Generac Home Standby Generator: How It Works" on YOUTUBE

September 23, 2020Generac Power Systems Youtube Channel

"Real Generac Customers: Katrina from Florida" on YOUTUBE

Social Media

Generac Headquarters

S45W29290 Highway 59

Waukesha, Wisconsin53189

262-544-4811

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Generac Summary

ABOUT

Overview

Generac makes portable, residential, commercial & industrial generators, as well as manual and fully automatic transfer switches, battery backup systems and power washers. Generac was founded in 1959. Generac's headquarters is located in Waukesha, Wis...

CEO

Generac's Chairman & CEO, Aaron Jagdfeld, currently has an approval rating of 76%. Generac's primary competitors are Briggs & Stratton Corporation, TAW & Caterpillar.

Frequently Asked Questions about Generac

  1. When was Generac founded?

    Generac was founded in 1959
  2. Who is Generac's CEO?

    Generac's CEO is Aaron Jagdfeld
  3. How much revenue does Generac generate?

    Generac generates $2.8B in revenue
  4. How much funding does Generac have?

    Generac has historically raised $243.8M in funding
  5. Where is Generac's headquarters?

    Generac's headquarters is in Waukesha Wisconsin, USA
  1. How many employees does Generac have?

    Generac has 5,664 employees
  2. What sector does Generac operate in?

    Generac is in Electrical Components & Equipment
  3. Who are Generac's competitors?

    Generac's top competitors are Briggs & Stratton Corporation, TAW, Caterpillar
  4. Who has Generac invested in?

    Generac's has invested in companies such as Sofdesk, Tank Utility, Tank Utility