Key Points Generac owns a 70% market share in the backup power generation industry. Generac will gain from mega-trends like the Grid 2.0, clean energy, climate change, and the home as a sanctuary. Q1 2024 gross profit margins improved to 35.6%, up from 30.7% in the year-ago period, attributed to lower input costs, favorable sales mix, and production efficiencies. 5 stocks we like better than Generac Generac Holdings Inc. NYSE: GNRC is attempting to recover from its Q1 2024 earnings selloff. The computer and ...