Is Generac Holdings Stock Outperforming the Dow?

With a market cap of $9.8 billion, Generac Holdings Inc. (GNRC) is a leading global provider of backup power generation, energy storage, and smart energy management solutions. Founded in 1959 and public since 2010, the company serves residential, commercial, industrial, and infrastructure markets through its domestic and international segments.

Companies worth $2 billion to $10 billion are typically referred to as “mid-cap stocks.” GNRC fits right into that category. While best known for home standby and industrial generators, Generac has expanded into clean energy with battery storage, inverters, and data center power solutions, benefiting from rising grid instability and extreme weather events.

The Waukesha, Wisconsin-based company currently trades 17.7% below its 52-week high of $203.25 recorded on Aug. 13. GNRC’s stock has gained 23.1% over the past three months, outpacing the broader Dow Jones Industrial Average’s ($DOWI) 7% rise during the same time frame.

In the long term, GNRC stock has surged 7.9% on a YTD basis, underperforming the Dow Jones Industrial Average’s 8.4% increase. Moreover, shares of GNRC have climbed 11% over the past 52 weeks, outpacing $DOWI’s 9.3% returns over the same period.

GNRC stock has been trading above its 200-day moving average since mid-July, but has recently dipped below its 50-day moving average.

On Sept. 3, Generac Holdings unveiled the PWRmicro, an 820W microinverter designed to convert DC power from two solar panels into AC power for residential use or the grid. Built for reliability and streamlined installation, the device maximizes output from today’s high-powered panels and comes with a 25-year warranty. The launch underscores Generac’s 65-year track record of advancing innovative, resilient home energy solutions. Following the announcement, GNRC shares slipped 2.4% but quickly regained momentum, climbing more than 5% over the subsequent three trading sessions.

Its peer, A. O. Smith Corporation (AOS), has declined 16.1% over the past year and gained 5.5% in 2025, trailing the GNRC stock.