Gencor Industries Inc. (GENC) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q3 26	$0.24	$0.39	+62.5%	—	$33.8M	—
Q2 26	$0.41	$0.41	0.0%	—	$33.8M	—
Q2 23	—	$0.33	—	—	$30.5M	—
Q1 23	—	$0.24	—	—	$25.8M	—
Q4 22	—	$0.03	—	—	$23.1M	—
Q3 22	—	-$0.07	—	—	$29.6M	—
Q2 22	—	$0.03	—	—	$30.7M	—
Q1 22	$0.5	-$0.02	-104.0%	—	$20.1M	—
Q4 21	$0.82	-$0.03	-103.7%	—	$20M	—
Q4 14	$0.04	-$0.04	-200.0%	—	$4.9M	—
Q3 14	$0.09	$0.11	+22.2%	—	$10.5M	—
Q2 13	$0.09	$0.21	+133.3%	—	$17.7M	—
Q1 13	-$0.04	-$0.07	-75.0%	—	$4.9M	—
Q2 99	$0.11	$0.04	-63.6%	—	—	—
Q1 99	$0.72	$0.57	-20.8%	—	—	—
Q0 99	$0.19	$0.14	-26.3%	—	$61.2M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$1.07	—	—	$115.4M	—
FY24	—	$0.99	—	—	$113.2M	—
FY23	—	$1	—	—	$105.1M	—
FY22	—	-$0.03	—	—	$103.5M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$70M	$80.6M	$98.6M	$81.3M	$77.4M	$85.3M	$103.5M	$105.1M	$113.2M	$115.4M
YoY change	+78.4%	+15.2%	+22.3%	-17.5%	-4.81%	+10.1%	+21.3%	+1.54%	+7.7%	+2.01%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	70M	80.6M	98.6M	81.3M	77.4M	85.3M	103.5M	105.1M	113.2M	115.4M
Cost of revenue	52.5M	59.4M	71.8M	58.9M	58.5M	67.1M	82.9M	76M	81.8M	83.7M
Gross profit	17.5M	21.2M	26.8M	22.4M	19M	18.2M	20.5M	29M	31.3M	31.7M
Gross margin	25%	26.2%	27.2%	27.6%	24.5%	21.3%	19.9%	27.6%	27.7%	27.5%
Research & development	1.6M	2.1M	2.9M	3.3M	3.1M	4.3M	4.3M	3.5M	3.3M	2.8M
Selling, general & administrative	8.1M	8.8M	10M	9.6M	10.4M	13.2M	12.1M	12.2M	14.3M	14.9M
Operating expenses	9.7M	10.9M	12.9M	12.9M	13.4M	17.5M	16.4M	15.6M	17.6M	17.7M
Operating income	7.8M	10.2M	13.9M	9.5M	5.5M	701K	4.2M	13.4M	13.7M	14M
Operating margin	11.2%	12.7%	14.1%	11.6%	7.15%	0.82%	4.03%	12.8%	12.1%	12.1%
Non-operating income, net	830K	1.3M	-361K	1M	-1.2M	4.2M	-7.2M	3.2M	3.6M	1.8M
Pretax income	9.4M	12.2M	15.1M	12.8M	6.7M	6.6M	-1.7M	18.8M	20.7M	20.2M
Income tax	2.4M	3.8M	2.4M	2.6M	1.1M	829K	-1.3M	4.1M	6.2M	4.5M
Net income	7M	8.4M	12.7M	10.2M	5.5M	5.8M	-372K	14.7M	14.6M	15.7M
Net margin	10.1%	10.4%	12.9%	12.5%	7.14%	6.81%	-0.36%	14%	12.9%	13.6%
EBITDA	8.4M	10.1M	15.6M	10M	8.3M	-879K	14M	13M	12.7M	14.6M
EPS	0.49	0.58	0.88	0.7	0.38	0.4	-0.03	1	0.99	1.07
Diluted EPS	0.48	0.57	0.86	0.69	0.38	0.39	-0.03	1	0.99	1.07

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	20.9M	26M	40.7M	25.6M	20.9M	31.4M	38.2M	27M	18.8M	23.6M	33.8M	33.8M
Cost of revenue	14.3M	18.5M	28.4M	19.4M	15.6M	22.7M	26.9M	19.8M	14.3M	16.8M	23.1M	24.4M
Gross profit	6.6M	7.5M	12.3M	6.1M	5.4M	8.7M	11.4M	7.1M	4.5M	6.8M	10.7M	9.4M
Gross margin	31.7%	29%	30.3%	23.9%	25.6%	27.6%	29.7%	26.5%	24.2%	28.7%	31.7%	27.9%
Research & development	842K	801K	893K	824K	795K	677K	681K	741K	659K	758K	629K	680K
Selling, general & administrative	3.1M	3.4M	4.4M	3.3M	3.3M	3.4M	4.2M	3.3M	4.1M	2.9M	5.8M	3M
Operating expenses	3.9M	4.2M	5.3M	4.1M	4.1M	4M	4.9M	4M	4.8M	3.7M	6.5M	3.6M
Operating income	2.7M	3.4M	7.1M	2M	1.2M	4.6M	6.5M	3.1M	-223K	3.1M	4.2M	5.8M
Operating margin	12.9%	13%	17.4%	7.8%	5.92%	14.7%	17%	11.6%	-1.18%	13.2%	12.5%	17.2%
Non-operating income, net	543K	1.5M	205K	363K	1.5M	-455K	598K	894K	771K	373K	-174K	241K
Pretax income	3.6M	5.6M	8.1M	3.3M	3.7M	5.2M	8.2M	5.2M	1.6M	4.7M	5.2M	7.2M
Income tax	507K	1.3M	1.9M	764K	2.3M	1.3M	2.1M	1.3M	-289K	1.2M	1.3M	1.5M
Net income	3.1M	4.3M	6.2M	2.6M	1.5M	3.8M	6.1M	3.8M	1.9M	3.4M	3.8M	5.7M
Net margin	14.9%	16.6%	15.3%	10%	6.94%	12.1%	16%	14.2%	10.2%	14.6%	11.4%	16.8%
EBITDA	2.9M	2.5M	7.5M	2.3M	336K	5.7M	6.5M	2.8M	-412K	3.3M	4.9M	6M
EPS	—	0.3	0.42	0.17	—	0.26	0.42	0.26	—	0.23	0.26	0.39
Diluted EPS	—	0.3	0.42	0.17	—	0.26	0.42	0.26	—	0.23	0.26	0.39

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	171.7M	254.1M	174.6M	168.9M	160.5M	160.9M	—	—	306.7M	214.1M	253.7M
Enterprise value	67.6M	143.3M	62.6M	53.3M	36.4M	43.5M	—	—	191.7M	78.2M	91.8M
Shares outstanding	14.3M	14.4M	14.5M	14.6M	14.6M	14.5M	12.4M	14.7M	14.7M	14.6M	14.6M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	24.4	30.2	13.8	16.6	29	27.7	—	—	21.1	13.7	17.1
P/S	2.45	3.15	1.77	2.08	2.07	1.89	—	—	2.71	1.85	2.33
P/B	1.43	1.97	1.2	1.09	1	0.96	—	—	1.56	1.01	1.14
EV/EBITDA	8.06	14.2	4	5.32	4.37	-49.5	—	—	15.1	5.36	6.1
EV/Sales	0.97	1.78	0.63	0.66	0.47	0.51	—	—	1.69	0.68	0.83
Earnings yield	4.1%	3.31%	7.27%	6.04%	3.45%	3.61%	—	—	4.75%	7.31%	5.84%
FCF yield	3.89%	1.76%	-8.9%	1.22%	15.7%	0.72%	—	—	2.76%	0.52%	8.58%
PEG	—	—	—	—	—	—	—	—	—	—	0.34

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	25%	26.2%	27.2%	27.6%	24.5%	21.3%	19.9%	27.6%	27.7%	27.5%	27.9%
Operating margin	11.2%	12.7%	14.1%	11.6%	7.15%	0.82%	4.03%	12.8%	12.1%	12.1%	17.2%
Net margin	10.1%	10.4%	12.9%	12.5%	7.14%	6.81%	-0.36%	14%	12.9%	13.6%	13.5%
ROE	5.86%	6.53%	8.75%	6.56%	3.43%	3.47%	-0.22%	8.08%	7.42%	7.39%	6.85%
ROA	5.47%	5.89%	8.13%	6.17%	3.23%	3.23%	-0.21%	7.49%	6.99%	7.04%	3.52%
ROIC	36.5%	39.1%	35.5%	18.9%	12.4%	1.23%	6.09%	13%	11.9%	14.3%	17%
Return on tangible assets	5.47%	5.89%	8.13%	6.17%	3.23%	3.23%	-0.21%	7.49%	6.99%	7.04%	6.23%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	15.1	11.1	17.5	24.2	19	14.7	13.1	12.6	18.2	23.4	19.2
Quick ratio	13.6	9.73	14.9	20.3	15.8	11	8.61	7.58	12.2	17.4	15.1
Debt / equity	—	—	—	0	0.01	0	0	0	0	0	0
Debt / assets	—	—	—	0	0.01	0	0	0	0	0	0
Net debt / EBITDA	—	—	—	-11.5	-14.9	133.6	-7.04	-7.76	-9.08	-9.33	-11.9
Effective tax rate	25.1%	30.9%	15.7%	20.5%	17.2%	12.5%	0%	21.9%	29.8%	22.5%	20.3%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	4.88	5.6	6.8	5.59	5.32	5.88	8.35	7.17	7.7	7.89	7.5
EPS (basic)	0.49	0.58	0.88	0.7	0.38	0.4	-0.03	1	0.99	1.07	1.07
EPS (diluted)	0.48	0.57	0.86	0.69	0.38	0.39	-0.03	1	0.99	1.07	1.02
Book value per share	8.39	8.96	10	10.7	11.1	11.5	13.5	12.4	13.3	14.5	15.3
FCF per share	0.47	0.31	-1.07	0.14	1.73	0.08	-1.1	0.51	0.57	0.08	-0.11
Cash per share	7.27	7.7	7.73	7.95	8.59	8.15	7.97	6.91	7.85	9.31	11.2
Capex per share	0	0	0	0	—	—	—	—	—	0.13	0.18

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	0%	0.01%	0%	0%	—	—	—	—	—	1.7%	2.46%
Capex / operating cash flow	0%	0.1%	0%	0%	—	—	—	—	—	64%	247.7%
Payout ratio	—	—	—	—	—	—	—	—	—	—	0%
Dividend yield	—	—	—	—	—	—	—	—	—	—	0.69%

Yield

0.69%

trailing twelve months

Frequency

Annual

Last dividend

$0.02

ex-dividend Dec 29, 1998

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Dec 29, 1998	$0.02
Dec 29, 1997	$0.0333
Dec 16, 1996	$0.0333
Dec 14, 1995	$0.0333

Split history

Date	Ratio
Aug 2, 2016	3:2

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Revenue	$20.9M	$26M	$40.7M	$25.6M	$20.9M	$31.4M	$38.2M	$27M	$18.8M	$23.6M	$33.8M	$33.8M
YoY change	-9.54%	+0.75%	+33.4%	-8.34%	+0.24%	+20.7%	-6.08%	+5.62%	-9.99%	-25%	-11.5%	+25.3%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	104.2M	110.8M	112.1M	115.6M	125.1M	118.2M	98.9M	101.3M	115.4M	136.3M
Receivables	1.1M	1.2M	993K	1.6M	2M	2.6M	3M	2.5M	2M	3.1M
Inventory	11.6M	16.7M	21.9M	25.4M	27.1M	41.9M	55.8M	71.5M	63.8M	53.5M
Total current assets	123.4M	137.1M	148.2M	156.9M	161.8M	166.8M	162.5M	179M	192.8M	206.5M
Property, plant & equipment	952K	2.7M	7.5M	9.7M	11.1M	-2M	-87K	-1.6M	-3.8M	-5.6M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—
Total assets	128.7M	142.9M	156.1M	165.4M	171.1M	179.5M	179.3M	195.7M	208.1M	222.6M
Accounts payable	1.4M	1.3M	1.8M	1.9M	1.7M	3.1M	4.3M	3.3M	2M	1.8M
Short-term debt	—	—	—	—	328K	393K	390K	328K	330K	339K
Total current liabilities	8.2M	12.4M	8.5M	6.5M	8.5M	11.4M	12.4M	14.2M	10.6M	8.8M
Long-term debt	—	—	—	0	614K	392K	6K	0	—	—
Total liabilities	8.5M	14M	11.1M	9.9M	9.9M	12.2M	12.4M	14.2M	12M	10.8M
Shareholders' equity	120.2M	128.9M	145M	155.5M	161.2M	167.3M	166.9M	181.6M	196.1M	211.8M
Total debt	—	—	—	0	942K	785K	396K	328K	330K	339K
Net debt	—	—	—	-10.3M	-34.6M	-22.4M	-9.2M	-16.7M	-25.2M	-26.2M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Cash & short-term investments	101.3M	104.8M	117.1M	116.6M	115.4M	130.1M	143.7M	136M	136.3M	147.7M	155.1M	164.2M
Receivables	2.5M	4M	5.8M	2.9M	2M	3.6M	5.2M	3.2M	3.1M	3.5M	3.9M	2.8M
Inventory	71.5M	72.2M	63.7M	63.2M	63.8M	59.7M	55.1M	52.9M	53.5M	53.2M	51.1M	47M
Total current assets	179M	189.6M	190.3M	186M	192.8M	203.1M	209.1M	205.3M	206.5M	212.5M	220.9M	222.9M
Property, plant & equipment	-1.6M	—	—	—	-3.8M	—	—	—	-5.6M	—	—	—
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	195.7M	205.7M	206M	201.8M	208.1M	218.2M	223.9M	220.2M	222.6M	228.9M	237.1M	239M
Accounts payable	3.3M	3.7M	2.9M	2.3M	2M	3.7M	3.6M	2.5M	1.8M	2M	4.8M	3.6M
Short-term debt	328K	235K	357K	359K	330K	241K	366K	369K	339K	248K	156K	63K
Total current liabilities	14.2M	19.7M	13.8M	7M	10.6M	16.7M	15.9M	8.3M	8.8M	11.5M	15.6M	11.6M
Long-term debt	0	—	152K	61K	—	—	156K	63K	—	—	—	—
Total liabilities	14.2M	19.7M	13.9M	7.1M	12M	18.2M	17.9M	10.3M	10.8M	13.7M	18M	14.2M
Shareholders' equity	181.6M	185.9M	192.1M	194.7M	196.1M	200M	206.1M	209.9M	211.8M	215.2M	219.1M	224.8M
Total debt	328K	235K	509K	420K	330K	241K	522K	432K	339K	248K	156K	63K
Net debt	-16.7M	-18.3M	-29.7M	-28.4M	-25.2M	-39.7M	-51.7M	-27.4M	-26.2M	-36.5M	-43.3M	-26.2M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	7M	8.4M	12.7M	10.2M	5.5M	5.8M	-372K	14.7M	14.6M	15.7M
Depreciation & amortization	1.4M	1.1M	1.4M	1.6M	1.6M	2.6M	2.8M	2.8M	2.6M	2.4M
Stock-based compensation	37K	71K	71K	71K	71K	0	—	—	—	—
Change in working capital	-1.8M	-3.1M	-10.4M	-8.8M	7M	2.2M	-12.9M	-14.9M	-5.9M	-13.6M
Operating cash flow	7.1M	7M	-12.7M	3.8M	26.1M	8.3M	-15.4M	10.3M	12.4M	3.1M
Capital expenditure	0	7K	0	0	—	—	—	—	—	-2M
Investing cash flow	0	7K	0	0	0	-13.8M	0	—	—	-2M
Dividends paid	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	—	—
Financing cash flow	—	—	—	—	—	—	—	—	—	—
Net change in cash	7.1M	7M	-12.7M	3.8M	26.1M	-5.4M	-15.4M	10.3M	12.4M	1.1M
Free cash flow	6.7M	4.5M	-15.5M	2.1M	25.2M	1.2M	-13.7M	7.5M	8.5M	1.1M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26
Net income	3.1M	4.3M	6.2M	2.6M	1.5M	3.8M	6.1M	3.8M	1.9M	3.4M	3.8M	5.7M
Depreciation & amortization	743K	665K	663K	643K	631K	622K	584K	576K	574K	542K	529K	482K
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	2.5M	-572K	4.9M	-2.9M	-4.1M	9.4M	4.2M	-26.4M	-743K	8.1M	3.3M	-23.5M
Operating cash flow	9.6M	4.2M	11.3M	-803K	-805K	13.8M	11.3M	-23.9M	-275K	11.1M	6.9M	-16.7M
Capital expenditure	—	—	—	—	—	—	—	-491K	-1M	-973K	-179K	-546K
Investing cash flow	—	—	—	—	—	—	—	-491K	-1M	-973K	-179K	-546K
Dividends paid	—	—	—	—	—	—	—	—	—	—	—	—
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	—	—	—	—	—	—	—	—	—	—	—	—
Net change in cash	9.6M	4.2M	11.3M	-803K	-805K	13.8M	11.3M	-24.4M	-1.3M	10.1M	6.7M	-17.2M
Free cash flow	10.8M	1.5M	11.7M	-1.4M	-3.3M	14.5M	12.3M	-24.4M	-1.3M	10.1M	6.7M	-17.2M

Gencor Industries Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Split history

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement