Generac Plans to Reorganize Reportable Segments
In a regulatory filing, Generac Holdings said it is planning to reorganize its two reportable segments, effective March 31, 2026. Prior to the Reorganization, the company's two reportable segments were Domestic and International. As a result of the Reorganization, the company's two reportable segments will be Residential and Commercial & Industrial. The Reorganization had no impact on the Company's historical consolidated financial position, results of operations, and cash flows. For the twelve months ended December 31, 2025, net sales were $4,209,147 and Adjusted EBITDA was $715,542, with Residential contributing $2,501,337 of net sales and $558,074 of Adjusted EBITDA. Lastly, the company said that on March 20, at the recommendation of the Human Capital and Compensation Committee of the Board of Directors, it approved certain incremental equity awards to be granted to Norm Taffe, the company's Executive Vice President and President, Generac Home, and Erik Wilde, the company's Executive Vice President and President, Domestic C&I. The equity award for Taffe includes an award of performance shares with a target value of $1M to be granted on April 1. The equity award for Wilde includes an award of performance shares with a target value of $2M to be granted on April 1. Shares of Generac are trading down almost 11% at $186.56.
