1,027 material Form 8-K filings that 835 companies we cover made with the SEC in February 2025, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).
Antero Midstream reported fourth quarter 2024 net income of $111 million, or $0.23 per diluted share, a 10% per share increase from the prior year quarter. The company also issued 2025 guidance calling for net income of $445 million to $485 million and adjusted EBITDA of $1.08 billion to $1.12 billion, a 5% increase at the midpoint.
Q4 2024 net income was $111 million ($0.23 per diluted share), up 10% per share; adjusted EBITDA was $274 million, up 8%.
Full-year 2024 net income was $401 million ($0.83 per diluted share); full-year adjusted EBITDA was $1.05 billion, up 6%.
2025 guidance: net income of $445 million to $485 million and adjusted EBITDA of $1.08 billion to $1.12 billion.
In Q4 2024 the company repurchased 1.9 million shares for $29 million, leaving about $471 million under its $500 million authorization as of December 31, 2024.
Antero Resources reported fourth quarter 2024 net income of $150 million, up from $82 million a year earlier, and Adjusted Net Income of $181 million (non-GAAP). For 2025 it raised its maintenance production target by 50 MMcfe/d to 3.35 to 3.45 Bcfe/d and cut its drilling and completion capital budget by $25 million at the midpoint to $650 million to $700 million. Full-year 2024 net income was $57 million, down from $198 million in 2023.
Q4 2024 net income was $150 million vs. $82 million in Q4 2023; Adjusted EBITDAX was $332 million vs. $322 million
Q4 2024 net cash provided by operating activities was $278 million vs. $312 million a year earlier; Free Cash Flow was $159 million
2025 production guidance raised to 3.35 to 3.45 Bcfe/d; drilling and completion capital budget cut to $650 million to $700 million
Full-year 2024 Free Cash Flow was $73 million; estimated proved reserves were 17.9 Tcfe at year end 2024, flat from the prior year before sales of reserves in place
MSA Safety reported fourth quarter and full year 2024 results. Fourth quarter net sales rose 1% to $500 million, and GAAP diluted EPS rose 15% to $2.22 from $1.93. Full year net sales were $1.8 billion, up 1%, and full year GAAP diluted EPS was $7.21 versus $1.48 in 2023, a figure that included a $129 million divestiture loss in 2023. Full year free cash flow fell 39% to $242 million, and the company expects low-single-digit full-year organic sales growth in 2025.
Q4 2024 net sales $500 million, up 1% GAAP and 2% organic; adjusted diluted EPS $2.25 versus $2.06
Full year 2024 net sales $1.8 billion, up 1%; adjusted diluted EPS $7.70 versus $7.03
Full year 2024 free cash flow $242 million versus $397 million in 2023
2025 outlook: low-single-digit full-year organic sales growth; conference call February 13, 2025 at 10:00 a.m. Eastern
Ventas reported full-year 2024 results, with Normalized FFO per share up 7% to $3.19 and attributable net income of $0.19 per share, compared with a loss of $0.10 per share in 2023. The company also gave 2025 Normalized FFO guidance of $3.35 to $3.46 per share and raised its quarterly dividend 7% to $0.48 per share, which may matter to shareholders because it points to expected profit growth and higher cash payouts.
Q4 2024 attributable net income was $0.13 per share, versus a loss of $0.23 per share in Q4 2023.
Full-year 2024 total revenues were $4.92 billion, up from $4.50 billion in 2023.
2025 Normalized FFO guidance range is $3.35 to $3.46 per share, compared with $3.19 in 2024.
Quarterly dividend increased to $0.48 per share, payable April 17, 2025 to holders of record on March 31, 2025.
Tyler Technologies reported fourth-quarter 2024 total revenues of $541.1 million, up 12.5%, and GAAP net income of $65.2 million, or $1.49 per diluted share. The company also issued full-year 2025 guidance of $2.30 billion to $2.34 billion in total revenues and GAAP diluted earnings per share of $7.31 to $7.56, compared with full-year 2024 revenues of $2.138 billion and GAAP diluted earnings per share of $6.05.
Q4 2024 total revenues were $541.1 million, up 12.5%; GAAP net income was $65.2 million, or $1.49 per diluted share, up 67.7%.
Full-year 2024 total revenues were $2.138 billion, up 9.5%; free cash flow was $574.7 million, up 75.5%.
2025 guidance: total revenues of $2.30 billion to $2.34 billion; GAAP diluted EPS of $7.31 to $7.56; non-GAAP diluted EPS of $10.90 to $11.15.
Management will discuss results on a conference call on Thursday, February 13, 2025, at 10:00 a.m. ET.
Four Corners Property Trust reported fourth-quarter and full-year 2024 results, with rental revenue up 5.3% year over year to $60.7 million and full-year AFFO per diluted share up $0.06 to $1.73. Per-share net income was flat for both periods, while FFO per diluted share was flat for the quarter and up $0.03 for the year. The company also announced a larger credit facility and a $0.3550 quarterly dividend.
Q4 2024 rental revenue was $60.7 million, up 5.3%; Q4 net income attributable to common shareholders was $26.2 million, or $0.27 per diluted share, versus $0.27 a year earlier.
Full-year 2024 FFO per diluted share was $1.65, up $0.03; AFFO per diluted share was $1.73, up $0.06.
The company acquired 45 properties for $132.5 million in Q4 2024 and 87 properties for $264.6 million in 2024, with no dispositions.
The credit facility increased from $765 million to $940 million; the company declared a Q4 2024 dividend of $0.3550 per common share.
Wyndham Hotels & Resorts reported fourth-quarter 2024 net income of $85 million, up from $50 million a year earlier, and full-year net income of $289 million, flat year over year. The company also issued 2025 guidance calling for adjusted diluted EPS of $4.66 to $4.78, compared with $4.33 in 2024, and raised its quarterly dividend by 8% to $0.41 per share.
Q4 2024 diluted EPS was $1.08, up from $0.60; full-year diluted EPS was $3.61, up 6%.
Full-year 2024 adjusted EBITDA rose 5% to $694 million; full-year transaction-related expenses were $47 million, tied to defending an unsuccessful hostile takeover attempt.
2025 outlook: adjusted EBITDA of $745 million to $755 million and adjusted net income of $369 million to $379 million.
Quarterly dividend increase to $0.41 per share, from $0.38, expected to be declared in first quarter 2025.
MKS Instruments reported fourth-quarter 2024 revenue of $935 million, up from $893 million a year earlier, and GAAP net income of $90 million, or $1.33 per diluted share, compared with a net loss of $68 million in the prior-year quarter. The company guided first-quarter 2025 revenue to $910 million, plus or minus $40 million, and non-GAAP diluted EPS to $1.40, plus or minus $0.27, which is below the fourth-quarter revenue level.
Q4 2024 revenue of $935 million vs. $893 million in Q4 2023; non-GAAP diluted EPS of $2.15 vs. $1.17
Q4 2024 GAAP net income of $90 million, or $1.33 per diluted share, vs. a net loss of $68 million in Q4 2023
Q1 2025 guidance: revenue of $910 million (plus or minus $40 million) and GAAP diluted EPS of $0.63 (plus or minus $0.28)
Company made a voluntary $100 million principal prepayment on its USD term loan B in January 2025
Service Corporation International reported fourth-quarter 2024 revenue of $1,093.0 million, up $37 million or 4% from a year earlier, and diluted EPS of $1.04, up from $0.93. The company also gave 2025 adjusted EPS guidance of $3.70 to $4.00, with a midpoint of $3.85, which it says is within its long-term growth framework of 8% to 12%. Full-year 2024 net income attributable to common stockholders was $518.6 million, down from $537.3 million, and diluted EPS was flat at $3.53.
Q4 2024 revenue $1,093.0 million vs $1,055.8 million; diluted EPS $1.04 vs $0.93
Q4 results included a $20.3 million California legal reserve reduction, offset by $17.2 million in divestiture and impairment losses and $11.5 million in restructuring charges
2025 adjusted diluted EPS guidance $3.70 to $4.00, midpoint $3.85
Full-year 2024 net income attributable to common stockholders $518.6 million vs $537.3 million in 2023
Q2 Holdings reported fourth-quarter 2024 revenue of $183.0 million, up 13% year-over-year, and GAAP net income of $0.2 million, compared with a net loss of $18.1 million a year earlier. The company also issued 2025 guidance of $772.0 million to $779.0 million in full-year revenue and updated its three-year framework, which raises the 2026 free cash flow conversion target to greater than 85% from 70%. For shareholders, the results show year-over-year gains in revenue, profit and adjusted EBITDA, along with higher long-term targets.
Q4 2024 revenue of $183.0 million, up 13% year-over-year; full-year 2024 revenue of $696.5 million, up 12%
Q4 2024 GAAP net income of $0.2 million, versus a net loss of $18.1 million in Q4 2023; full-year 2024 GAAP net loss narrowed to $38.5 million from $65.4 million
Q4 2024 adjusted EBITDA of $37.6 million, up from $23.2 million; full-year 2025 guidance of $772.0 million to $779.0 million in revenue and $165.0 million to $170.0 million in adjusted EBITDA
Updated three-year framework targets average annual subscription revenue growth of approximately 15% and a full-year 2026 free cash flow conversion above 85%, up from 70%
Essential Properties Realty Trust reported fourth quarter 2024 results, with diluted net income per share of $0.30, down 3% from a year earlier, while AFFO per share rose 7% to $0.45 and total revenues reached $119.7 million, up from $97.7 million. The company raised the bottom end of its 2025 AFFO per share guidance by $0.01 to a range of $1.85 to $1.89, which indicates higher expected cash earnings per share for shareholders.
Q4 2024 diluted net income per share was $0.30, down 3%; total revenues were $119.7 million versus $97.7 million a year earlier.
Q4 2024 AFFO per diluted share was $0.45, up 7%; FFO per diluted share was $0.47, up 2%.
Q4 2024 investments totaled $333.4 million across 78 properties at an 8.0% weighted average cash cap rate.
2025 AFFO per share guidance was raised at the bottom end by $0.01 to $1.85 to $1.89; investment volume estimate is $900 million to $1.1 billion.
Reddit reported fourth quarter 2024 revenue of $427.7 million, up 71% from a year earlier, and net income of $71.0 million, compared with $18.5 million in the prior-year quarter. For the first quarter of 2025, Reddit estimated revenue of $360 million to $370 million and Adjusted EBITDA of $80 million to $90 million, giving shareholders a range to compare with future results.
Q4 2024 revenue was $427.7 million, up 71% year over year; advertising revenue was $394.5 million.
Q4 2024 diluted EPS was $0.36; basic EPS was $0.40. Net income was $71.0 million versus $18.5 million a year earlier.
Full-year 2024 revenue was $1.3 billion, up 62%, and the full-year net loss was $484.3 million.
Q1 2025 outlook: revenue of $360 million to $370 million and Adjusted EBITDA of $80 million to $90 million.
Palomar Holdings reported fourth-quarter 2024 net income of $35.0 million, or $1.29 per diluted share, up from $25.9 million, or $1.02, a year earlier. Adjusted net income rose 47.5% to $41.3 million, and the company expects full-year 2025 adjusted net income of $180 million to $192 million, compared with $133.5 million in 2024.
Q4 2024 gross written premiums rose 23.3% to $373.7 million, and net earned premiums rose 54.6%.
Q4 2024 diluted adjusted EPS was $1.52, versus $1.11 in Q4 2023; the combined ratio was 75.9%, versus 74.2%.
Q4 2024 catastrophe losses were $8.1 million, primarily related to Hurricane Milton.
For full-year 2025, the company expects adjusted net income of $180 million to $192 million, including $8 million to $12 million of catastrophe losses.
HubSpot reported fourth-quarter 2024 revenue of $703.2 million, up 21% from a year earlier, and GAAP net income of $4.9 million, compared with a net loss of $12.4 million in Q4 2023. For 2025, the company guided total revenue to $2.985 billion to $2.995 billion, up 14% year over year, and non-GAAP net income per diluted share to $9.11 to $9.19, which is a slower growth rate than the 21% reported for full-year 2024.
Q4 2024 total revenue was $703.2 million, up 21% as reported; subscription revenue was $687.3 million.
Q4 2024 GAAP net income was $4.9 million, or $0.09 per diluted share, versus a net loss of $12.4 million, or $0.25 per share, in Q4 2023.
Q4 2024 non-GAAP net income per diluted share was $2.32, compared with $1.77 in Q4 2023.
First-quarter 2025 revenue is guided to $697.0 million to $699.0 million, up 13% year over year.
STAG Industrial reported fourth-quarter and full-year 2024 results on February 12, 2025. Core FFO per diluted share rose 5.2% in the quarter to $0.61 and 4.8% for the year to $2.40, while full-year net income attributable to common stockholders fell 1.9% to $189.0 million. Shareholders get a measure of growth in core cash earnings, though full-year GAAP net income declined.
Q4 2024 Core FFO per diluted share was $0.61, up from $0.58 in Q4 2023; full-year 2024 was $2.40, up from $2.29.
Q4 2024 net income attributable to common stockholders was $50.9 million, up from $41.7 million; full-year was $189.0 million, down from $192.6 million.
Q4 2024 total revenue was $199.3 million, up from $183.3 million in Q4 2023.
Acquired 15 buildings in Q4 2024 for $293.7 million; portfolio occupancy was 96.5% as of December 31, 2024.
Dutch Bros reported fourth-quarter 2024 revenue of $342.8 million, up 34.9% from a year earlier, and net income of $6.4 million, compared with a net loss of $3.8 million in the same period of 2023. The company also gave initial 2025 guidance of $1.555 billion to $1.575 billion in total revenue and $265 million to $275 million in Adjusted EBITDA, which it says reflects elevated coffee costs.
Q4 2024 total revenues rose 34.9% to $342.8 million; diluted EPS was $0.03 versus $(0.02) a year earlier.
Full-year 2024 revenues were $1.28 billion, up 32.6%, and net income was $66.5 million versus $10.0 million in 2023.
2025 guidance: total revenues of $1.555 billion to $1.575 billion; Adjusted EBITDA of $265 million to $275 million; at least 160 shop openings; same shop sales growth of 2% to 4%.
CareTrust REIT reported fourth-quarter 2024 net income of $52.1 million, or $0.29 per diluted share, up from $26.3 million, or $0.22, a year earlier, and full-year normalized FFO of $232.9 million, or $1.50 per share. The company also issued 2025 guidance of $1.68 to $1.72 in normalized FFO per share and kept its quarterly dividend at $0.29 per share.
Q4 2024 net income attributable to CareTrust was $52.1 million ($0.29 per diluted share), versus $26.3 million ($0.22) in Q4 2023.
Q4 2024 normalized FFO was $72.9 million ($0.40 per share), versus $43.4 million ($0.36) a year earlier.
2025 guidance: net income of $1.35 to $1.39 per diluted share, normalized FFO of $1.68 to $1.72, and normalized FAD of $1.72 to $1.76, based on 187.5 million shares.
As of February 12, 2025, the company had $750.0 million available under its ATM Program and no borrowings on its $1.2 billion revolving credit line.
Robinhood reported fourth-quarter 2024 total net revenues of $1.01 billion, up 115% from a year earlier, and net income of $916 million, or $1.01 diluted earnings per share, compared with $30 million, or $0.03, in Q4 2023. The profit figure includes a $369 million deferred tax benefit, which added $0.41 to diluted EPS, so shareholders may weigh it against core operating results. The company also gave a 2025 outlook for combined Adjusted Operating Expenses and SBC of $2.0 billion to $2.1 billion.
Q4 2024 total net revenues were $1.01 billion, up 115% year-over-year; transaction-based revenues were $672 million.
Q4 2024 net income was $916 million, including a $369 million deferred tax benefit worth $0.41 of diluted EPS.
Full-year 2024 net income was $1.41 billion, or $1.56 diluted EPS, compared with a net loss of $541 million in 2023.
2025 outlook for combined Adjusted Operating Expenses and SBC is $2.0 billion to $2.1 billion; the Bitstamp and TradePMR acquisitions are expected to close in the first half of 2025.
Sonic Automotive reported fourth quarter 2024 revenue of $3.9 billion, up 9% year-over-year, with reported net income of $58.6 million, up 51%, and diluted earnings of $1.67 per share, up 50%. For the full year, revenue was $14.2 billion, down 1%, while reported net income rose 21% to $216.0 million; adjusted net income fell 7% in the quarter and 20% for the year, and the board approved a $0.35 per share quarterly dividend.
Q4 2024 total revenues $3.9 billion, up 9%; reported net income $58.6 million, up 51%; diluted EPS $1.67, up 50%
Q4 adjusted net income $53.1 million, down 7%; adjusted diluted EPS $1.51, down 7%
Full year 2024 revenues $14.2 billion, down 1%; reported net income $216.0 million, up 21%; diluted EPS $6.18, up 24%
Board approved quarterly cash dividend of $0.35 per share, payable April 15, 2025, to holders of record on March 14, 2025
Chefs' Warehouse reported fourth-quarter 2024 net sales of $1,033.6 million, up 8.7% from a year earlier, and GAAP net income of $23.9 million, or $0.55 per diluted share, versus $16.0 million, or $0.38, in the prior-year quarter. The company also issued fiscal 2025 guidance calling for net sales of $3.94 billion to $4.04 billion and adjusted EBITDA of $233 million to $246 million.
Q4 2024 net sales rose 8.7% to $1,033.6 million from $950.5 million
GAAP net income was $23.9 million, or $0.55 per diluted share, vs $16.0 million, or $0.38, in Q4 2023
Adjusted EBITDA was $68.2 million vs $59.0 million; operating income was $46.5 million vs $38.2 million
Fiscal 2025 guidance: net sales of $3.94 billion to $4.04 billion; adjusted EBITDA of $233 million to $246 million
Dominion Energy reported fourth-quarter 2024 operating earnings of $504 million ($0.58 per share), up from $260 million ($0.29 per share) a year earlier, though GAAP net income fell to $145 million ($0.15 per share) from $331 million ($0.37 per share). The company narrowed its 2025 operating EPS guidance to $3.28 to $3.52 per share, keeping the $3.40 midpoint unchanged, which signals no change to its outlook for shareholders.
Q4 2024 operating EPS of $0.58 versus $0.29 in Q4 2023; Q4 GAAP EPS of $0.15 versus $0.37
Full-year 2024 operating EPS of $2.77 versus $1.95 in 2023; full-year GAAP EPS of $2.44 versus $2.33
Q4 2024 operating revenue of $3.4 billion versus $3.5 billion in Q4 2023
2025 operating EPS guidance narrowed to $3.28 to $3.52, midpoint $3.40; 5% to 7% long-term growth rate through 2029 reaffirmed
Wabtec reported fourth-quarter 2024 sales of $2.58 billion, up 2.3% from a year earlier, with GAAP diluted EPS of $1.23 (up 2.5%) and adjusted diluted EPS of $1.68 (up 9.1%). It also issued 2025 guidance for adjusted EPS of $8.35 to $8.75 and sales of $10.725 billion to $11.025 billion, and raised its quarterly dividend by 25%.
CME Group reported fourth-quarter 2024 revenue of $1.5 billion, up from $1.4 billion a year earlier, with diluted earnings per share of $2.40 versus $2.24. For full-year 2024, revenue was $6.1 billion and diluted earnings per share were $9.67, compared with $8.86 in 2023. On February 6, 2025, the company also declared a first-quarter dividend of $1.25 per share, up 9% from $1.15.
Q4 2024 net income was $875 million, up from $815 million in Q4 2023; diluted EPS was $2.40 versus $2.24.
Q4 2024 adjusted diluted EPS was $2.52, a non-GAAP measure reconciled to GAAP in the release.
Full-year 2024 revenue was $6.1 billion and net income was $3.5 billion.
First-quarter 2025 dividend of $1.25 per share, a 9% increase from $1.15.
Exelon reported fourth-quarter 2024 adjusted operating earnings of $0.64 per share, up from $0.60 a year earlier, and full-year adjusted earnings of $2.50 per share, up from $2.38. The company introduced 2025 adjusted earnings guidance of $2.64-$2.74 per share and raised its four-year capital plan to $38 billion, which includes $1.4 billion of additional equity.
Q4 2024 GAAP net income of $0.64 per share, up from $0.62; adjusted operating earnings of $0.64 per share, up from $0.60
Full-year 2024 adjusted operating earnings of $2.50 per share, up from $2.38 in 2023
2025 adjusted operating earnings guidance range of $2.64-$2.74 per share
Capital expenditure plan of $38 billion over four years, up 10% from the prior plan, with $1.4 billion of additional equity
Ryder reported fourth-quarter 2024 results for the three months ended December 31, 2024. Fourth-quarter GAAP diluted EPS from continuing operations was $3.11, up from $2.74, and comparable EPS was $3.45, up from $2.95, with total revenue of $3.2 billion, up 5%. The company also forecast 2025 comparable EPS of $13.00 to $14.00, compared with full-year 2024 comparable EPS of $12.00.
Q4 2024 GAAP EPS from continuing operations was $3.11 vs. $2.74; comparable EPS was $3.45 vs. $2.95.
Q4 2024 total revenue was $3.2 billion, up 5%; operating revenue (non-GAAP) was $2.6 billion, up 7%.
Full-year 2024 comparable EPS was $12.00, down from $12.95; full-year GAAP EPS was $11.06, up from $8.73.
TE Connectivity agreed on February 11, 2025, to acquire Richards Manufacturing through a subsidiary, for approximately $2.3 billion, funded by cash on hand and new debt. The company expects the deal to add about $0.10 to adjusted EPS in the first full year and to earn a mid-teens return on invested capital after synergies. Closing is expected in TE's fiscal third quarter of 2025, subject to regulatory approvals and customary conditions.
Purchase price is approximately $2.3 billion, all cash, subject to customary post-closing adjustments.
Richards is expected to contribute annual sales of approximately $400 million, with EBITDA margins in the mid-30 percent range.
TE expects approximately $0.10 accretion to adjusted EPS in the first full year, including financing costs.
Closing is expected in the fiscal third quarter ending June 2025; either party may terminate if not closed by June 11, 2025, extendable to December 11, 2025.
NiSource reported full-year 2024 results, with adjusted EPS of $1.75 above its guidance range and GAAP diluted EPS of $1.62, up from $1.48 in 2023. The company raised its 2025 adjusted EPS guidance to $1.85-$1.89 and increased its base capital expenditure plan to $19.4 billion, which it says should support 8%-10% rate base growth and 6%-8% annual adjusted EPS growth for 2025-2029.
2024 GAAP net income available to common shareholders was $739.7 million, or $1.62 per diluted share, versus $661.7 million, or $1.48, in 2023
2024 non-GAAP adjusted net income was $798.6 million, or $1.75 per share, versus $716.3 million, or $1.60, in 2023
2025 non-GAAP adjusted EPS guidance raised to $1.85-$1.89
Base capital expenditure plan increased to $19.4 billion from $19.3 billion, a $100 million increase
Smurfit Westrock reported fourth-quarter 2024 net sales of $7.5 billion, up from $2.9 billion a year earlier, and net income of $146 million, up from $50 million. For the full year, net income was $319 million, down from $826 million in 2023, and full-year Combined Adjusted EBITDA of $4.7 billion was in line with guidance. The company also expects first-quarter 2025 Adjusted EBITDA of approximately $1.25 billion, assuming current market conditions prevail.
Q4 2024 net sales $7,539 million vs. $2,862 million in Q4 2023; Q4 net income $146 million vs. $50 million
Q4 2024 Adjusted EBITDA $1,166 million, with a 15.5% margin, vs. $447 million and 15.6% a year earlier
Full-year 2024 net income $319 million vs. $826 million in 2023; Full Year Combined Adjusted EBITDA $4.7 billion, in line with guidance
Expects Q1 2025 Adjusted EBITDA of approximately $1.25 billion; quarterly dividend of $0.4308 per share, up 42%
Waters reported fourth-quarter 2024 sales of $873 million, up 6% as reported and 8% in constant currency, and non-GAAP EPS of $4.10, up 13%. Full-year 2024 sales were flat at $2,958 million, while GAAP EPS fell to $10.71 from $10.84 and non-GAAP EPS rose 1% to $11.86. The company guided full-year 2025 non-GAAP EPS to $12.70 to $13.00 and reported sales growth of 2.5% to 5.0%, which gives shareholders a range for next year's earnings.
Q4 2024 sales were $873 million, above the high end of the company's guidance range, with Pharma sales up 10% in constant currency.
Q4 2024 GAAP diluted EPS was $3.88 versus $3.65 a year earlier; non-GAAP EPS was $4.10 versus $3.62.
Full-year 2024 sales were $2,958 million, flat versus $2,956 million in 2023; GAAP EPS was $10.71 versus $10.84.
2025 guidance: non-GAAP EPS of $12.70 to $13.00 and reported sales growth of 2.5% to 5.0%, including an expected foreign exchange headwind of about 4% to EPS.
Generac reported fourth-quarter 2024 net sales up 16% to $1.23 billion and diluted EPS of $2.15, compared with $1.57 a year earlier. Full-year 2024 net sales rose 7% to $4.30 billion and diluted EPS was $5.39, versus $3.27 in 2023. The company also initiated 2025 guidance calling for net sales growth of about 3% to 7%, which shareholders can use as a baseline for future results.
Q4 net sales rose 16% to $1.23 billion from $1.06 billion; residential product sales rose 28% to $743 million.
Q4 net income attributable to the company was $117 million, or $2.15 per diluted share, versus $97 million, or $1.57, a year earlier.
Q4 Adjusted EBITDA was a record $265 million, or 21.5% of net sales, versus $213 million, or 20.0%, in the prior year.
For 2025, the company expects net sales growth of about 3% to 7% and Adjusted EBITDA margin of about 18.0% to 19.0%.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Briefs marked “Written later” were written in November 2026 for filings that were by then more than three weeks old, so months before mid-October 2026 hold a selection: every material 8-K of the past year for the 100 largest companies we cover and the last 15 important 8-Ks of every other one. Briefs the number check holds back are not shown or counted. Also: the last 45 days, briefs by company, A–Z and the live SEC filings wire.