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With a market cap of $11.8 billion, Generac Holdings Inc. (GNRC) is a leading manufacturer of backup power generation equipment and energy technology solutions, headquartered in Waukesha, Wisconsin. The company is best known for its standby and portable generators, but has increasingly evolved into a broader distributed energy and clean energy solutions provider.
Companies valued over $10 billion are generally considered “large-cap” stocks, and Generac Holdings fits this criterion perfectly. The company excels in engineering and manufacturing reliable power equipment, combined with a high-margin aftermarket and service ecosystem. It is also building capabilities in distributed energy and grid-edge technologies, including battery storage, energy management software, and virtual power plant integration.