NYSEAMERICAN : GENC
Gencor Industries, Inc. — Financial statements
Industrials · Farm & Heavy Construction Machinery · United States
Last price 17.36 USD (Oct 30, 2026, 9:40 AM EDT) · Market cap 254.46M
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Gencor Industries, Inc. (GENC) reported revenue of 110.01M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 110.01M | 115.44M | 113.17M | 105.08M | 103.48M | 85.28M |
| Cost of Revenue | 78.57M | 83.72M | 81.84M | 76.04M | 82.94M | 67.10M |
| Gross Profit | 31.45M | 31.71M | 31.33M | 29.04M | 20.54M | 18.18M |
| Selling, General & Admin | 15.80M | 14.94M | 14.33M | 12.15M | 12.05M | 13.20M |
| Research & Development | 2.73M | 2.76M | 3.31M | 3.46M | 4.33M | 4.28M |
| Operating Expenses | 18.53M | 17.70M | 17.64M | 15.61M | 16.38M | 17.48M |
| Operating Income | 12.91M | 14.02M | 13.69M | 13.43M | 4.17M | 701.00K |
| Interest & Investment Income | 4.55M | 4.37M | 3.44M | 2.11M | 1.30M | 1.76M |
| Other Non Operating Income (Expenses) | 8.00K | 8.00K | -13.00K | -156.00K | ||
| EBT Excluding Unusual Items | 17.47M | 18.40M | 17.11M | 15.53M | 5.32M | 2.46M |
| Gain (Loss) on Sale of Investments | 1.20M | 1.80M | 3.62M | 3.24M | -7.01M | 4.17M |
| Pretax Income | 18.67M | 20.20M | 20.73M | 18.78M | -1.69M | 6.63M |
| Income Tax Expense | 3.79M | 4.54M | 6.17M | 4.11M | -1.32M | 829.00K |
| Net Income | 14.89M | 15.66M | 14.56M | 14.67M | -372.00K | 5.80M |
| Net Income to Common | 14.89M | 15.66M | 14.56M | 14.67M | -372.00K | 5.80M |
| Shares Outstanding (Basic) | 14.66M | 14.66M | 14.66M | 14.66M | 14.66M | 14.61M |
| Shares Outstanding (Diluted) | 14.66M | 14.66M | 14.66M | 14.66M | 14.66M | 14.73M |
| EPS (Basic) | 1.02 | 1.07 | 0.99 | 1.00 | -0.03 | 0.40 |
| EPS (Diluted) | 1.02 | 1.07 | 0.99 | 1.00 | -0.03 | 0.39 |
| Free Cash Flow | -1.62M | 1.10M | 8.45M | 7.45M | -13.65M | 1.16M |
| Free Cash Flow Per Share | -0.11 | 0.07 | 0.58 | 0.51 | -0.93 | 0.08 |
| Gross Margin | 28.58% | 27.47% | 27.68% | 27.63% | 19.85% | 21.32% |
| Operating Margin | 11.74% | 12.14% | 12.10% | 12.78% | 4.03% | 0.82% |
| Profit Margin | 13.53% | 13.57% | 12.86% | 13.96% | -0.36% | 6.81% |
| Free Cash Flow Margin | -1.47% | 0.96% | 7.47% | 7.09% | -13.19% | 1.36% |
| EBITDA | 15.04M | 16.37M | 16.29M | 16.26M | 6.99M | 3.29M |
| EBITDA Margin | 13.67% | 14.18% | 14.39% | 15.47% | 6.75% | 3.86% |
| D&A For EBITDA | 2.13M | 2.36M | 2.60M | 2.83M | 2.82M | 2.59M |
| EBIT | 12.91M | 14.02M | 13.69M | 13.43M | 4.17M | 701.00K |
| EBIT Margin | 11.74% | 12.14% | 12.10% | 12.78% | 4.03% | 0.82% |
| Effective Tax Rate | 20.28% | 22.47% | 29.77% | 21.89% | 12.50% |
Balance sheet
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 26.26M | 26.59M | 25.48M | 17.03M | 9.58M | 23.23M |
| Short-Term Investments | 137.91M | 109.71M | 89.93M | 84.25M | 89.30M | 94.98M |
| Cash & Short-Term Investments | 164.17M | 136.30M | 115.41M | 101.28M | 98.88M | 118.21M |
| Receivables | 9.19M | 15.34M | 11.32M | 3.98M | 5.11M | 4.53M |
| Inventory | 46.98M | 53.50M | 63.76M | 71.53M | 55.81M | 41.89M |
| Prepaid Expenses | 2.56M | 1.40M | 2.35M | 2.17M | 2.67M | 2.20M |
| Total Current Assets | 222.91M | 206.54M | 192.84M | 178.95M | 162.48M | 166.82M |
| Property, Plant & Equipment | 11.28M | 11.42M | 11.80M | 13.57M | 13.89M | 12.59M |
| Long-Term Deferred Tax Assets | 4.74M | 4.58M | 3.42M | 3.34M | 2.89M | |
| Other Long-Term Assets | 53.00K | 53.00K | 53.00K | 53.00K | 54.00K | 53.00K |
| Total Assets | 238.98M | 222.60M | 208.12M | 195.92M | 179.31M | 179.46M |
| Accounts Payable | 3.61M | 1.84M | 2.00M | 3.27M | 4.25M | 3.10M |
| Accrued Expenses | 2.11M | 2.29M | 2.93M | 2.01M | 1.64M | 2.13M |
| Current Portion of Leases | 63.00K | 339.00K | 330.00K | 328.00K | 390.00K | 393.00K |
| Current Income Taxes Payable | 140.00K | 1.38M | 224.00K | |||
| Current Unearned Revenue | 5.85M | 3.89M | 5.02M | 6.82M | 5.86M | 5.24M |
| Other Current Liabilities | 315.00K | 323.00K | 366.00K | 244.00K | 291.00K | |
| Total Current Liabilities | 11.63M | 8.81M | 10.60M | 14.16M | 12.39M | 11.39M |
| Long-Term Leases | 6.00K | 392.00K | ||||
| Long-Term Deferred Tax Liabilities | 394.00K | |||||
| Other Long-Term Liabilities | 2.58M | 1.98M | 1.38M | 176.00K | ||
| Total Liabilities | 14.21M | 10.79M | 11.98M | 14.34M | 12.40M | 12.17M |
| Common Stock | 1.47M | 1.47M | 1.47M | 1.47M | 1.47M | 1.47M |
| Additional Paid-In Capital | 12.59M | 12.59M | 12.59M | 12.59M | 12.59M | 12.59M |
| Retained Earnings | 210.71M | 197.75M | 182.09M | 167.53M | 152.86M | 153.23M |
| Shareholders' Equity | 224.77M | 211.80M | 196.14M | 181.58M | 166.92M | 167.29M |
| Total Liabilities & Equity | 238.98M | 222.60M | 208.12M | 195.92M | 179.31M | 179.46M |
| Total Debt | 63.00K | 339.00K | 330.00K | 328.00K | 396.00K | 785.00K |
| Net Cash (Debt) | 164.11M | 135.96M | 115.08M | 100.95M | 98.48M | 117.42M |
| Net Cash Per Share | 11.20 | 9.28 | 7.85 | 6.89 | 6.72 | 7.97 |
| Filing Date Shares Outstanding | 14.66M | 14.66M | 14.66M | 14.66M | 14.66M | 14.66M |
| Total Common Shares Outstanding | 14.66M | 14.66M | 14.66M | 14.66M | 14.66M | 14.66M |
| Working Capital | 211.28M | 197.73M | 182.24M | 164.79M | 150.09M | 155.44M |
| Book Value Per Share | 15.33 | 14.45 | 13.38 | 12.39 | 11.39 | 11.41 |
| Tangible Book Value | 224.77M | 211.80M | 196.14M | 181.58M | 166.92M | 167.29M |
| Tangible Book Value Per Share | 15.33 | 14.45 | 13.38 | 12.39 | 11.39 | 11.41 |
| Land | 3.60M | 3.42M | 3.42M | 3.33M | 3.33M | |
| Buildings | 16.67M | 15.24M | 14.88M | 13.58M | 13.83M | |
| Machinery | 27.15M | 26.99M | 27.25M | 26.52M | 21.77M | |
| Order Backlog | 23.60M | 56.20M | 57.80M | 43.20M | 53.10M |
Cash flow statement
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 14.89M | 15.66M | 14.56M | 14.67M | -372.00K | 5.80M |
| Depreciation & Amortization | 2.13M | 2.36M | 2.60M | 2.83M | 2.82M | 2.59M |
| Loss (Gain) From Sale of Assets | 6.00K | 12.00K | 157.00K | |||
| Loss (Gain) From Sale of Investments | -481.00K | -1.33M | -2.41M | -4.32M | 7.26M | -3.69M |
| Provision & Write-off of Bad Debts | 95.00K | 50.00K | 290.00K | 194.00K | 50.00K | |
| Other Operating Activities | -393.00K | -553.00K | 1.12M | -274.00K | -4.87M | -2.24M |
| Change in Accounts Receivable | 6.09M | -4.07M | -7.34M | 849.00K | -783.00K | 3.82M |
| Change in Inventory | 5.89M | 10.26M | 7.76M | -15.71M | -13.93M | -4.41M |
| Change in Accounts Payable | 1.07M | -159.00K | -1.27M | -982.00K | 1.15M | 1.38M |
| Change in Unearned Revenue | 3.43M | -1.13M | -1.80M | 951.00K | 620.00K | 1.39M |
| Change in Other Net Operating Assets | -2.29M | 439.00K | -681.00K | 2.37M | -1.23M | -874.00K |
| Operating Cash Flow | 1.09M | 3.07M | 9.29M | 10.20M | -9.13M | 3.82M |
| Capital Expenditures | -2.71M | -1.96M | -840.00K | -2.75M | -4.52M | -2.66M |
| Cash Acquisitions | -13.78M | |||||
| Investing Cash Flow | -2.71M | -1.96M | -840.00K | -2.75M | -4.52M | -16.44M |
| Issuance of Common Stock | 264.00K | |||||
| Financing Cash Flow | 264.00K | |||||
| Net Cash Flow | -1.62M | 1.10M | 8.45M | 7.45M | -13.65M | -12.35M |
| Free Cash Flow | -1.62M | 1.10M | 8.45M | 7.45M | -13.65M | 1.16M |
| Free Cash Flow Margin | -1.47% | 0.96% | 7.47% | 7.09% | -13.19% | 1.36% |
| Free Cash Flow Per Share | -0.11 | 0.07 | 0.58 | 0.51 | -0.93 | 0.08 |
| Levered Free Cash Flow | 21.77M | 14.55M | 6.99M | -3.76M | -13.07M | -8.76M |
| Unlevered Free Cash Flow | 21.77M | 14.55M | 6.99M | -3.76M | -13.07M | -8.76M |
| Cash Income Tax Paid | 4.08M | 4.08M | 7.86M | 2.30M | 2.39M | 1.96M |
| Change in Working Capital | -15.15M | -13.12M | -6.59M | -3.16M | -14.17M | 1.30M |
Ratios
Fiscal year October - September; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 250.65M | 214.44M | 305.76M | 207.11M | 132.07M | 162.10M |
| Enterprise Value | 86.54M | 78.90M | 189.59M | 112.93M | 21.97M | 40.11M |
| Last Close Price | 17.10 | 14.63 | 20.86 | 14.13 | 9.01 | 11.09 |
| PE Ratio | 16.84 | 13.69 | 21.00 | 14.12 | 27.93 | |
| Forward PE | 16.93 | 27.18 | 27.18 | 27.18 | 27.18 | 27.18 |
| PS Ratio | 2.28 | 1.86 | 2.70 | 1.97 | 1.28 | 1.90 |
| PB Ratio | 1.12 | 1.01 | 1.56 | 1.14 | 0.79 | 0.97 |
| P/TBV Ratio | 1.12 | 1.01 | 1.56 | 1.14 | 0.79 | 0.97 |
| P/FCF Ratio | 194.06 | 36.18 | 27.80 | 139.62 | ||
| P/OCF Ratio | 229.11 | 69.90 | 32.91 | 20.31 | 42.44 | |
| PEG Ratio | 2.60 | 1.84 | 1.84 | 1.84 | 1.84 | 1.84 |
| EV/Sales Ratio | 0.79 | 0.68 | 1.68 | 1.07 | 0.21 | 0.47 |
| EV/EBITDA Ratio | 5.75 | 4.82 | 11.64 | 6.95 | 3.14 | 12.18 |
| EV/EBIT Ratio | 6.70 | 5.63 | 13.85 | 8.41 | 5.27 | 57.22 |
| EV/FCF Ratio | 71.41 | 22.43 | 15.16 | 34.55 | ||
| Debt / Equity Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Debt / EBITDA Ratio | 0.00 | 0.02 | 0.02 | 0.02 | 0.05 | 0.21 |
| Debt / FCF Ratio | 0.31 | 0.04 | 0.04 | 0.68 | ||
| Net Debt / Equity Ratio | -0.73 | -0.64 | -0.59 | -0.56 | -0.59 | -0.70 |
| Net Debt / EBITDA Ratio | -10.91 | -8.30 | -7.07 | -6.21 | -14.09 | -35.67 |
| Net Debt / FCF Ratio | 101.55 | -123.04 | -13.62 | -13.55 | 7.21 | -101.14 |
| Asset Turnover | 0.48 | 0.54 | 0.56 | 0.56 | 0.58 | 0.49 |
| Inventory Turnover | 1.57 | 1.43 | 1.21 | 1.19 | 1.70 | 1.95 |
| Quick Ratio | 14.90 | 17.21 | 11.95 | 7.43 | 8.39 | 10.78 |
| Current Ratio | 19.16 | 23.44 | 18.19 | 12.63 | 13.11 | 14.65 |
| Return on Equity (ROE) | 6.85% | 7.68% | 7.71% | 8.42% | -0.22% | 3.53% |
| Return on Assets (ROA) | 3.52% | 4.07% | 4.23% | 4.47% | 1.45% | 0.25% |
| Return on Invested Capital (ROIC) | 16.50% | 13.85% | 11.89% | 14.07% | 7.04% | 1.41% |
| Return on Capital Employed (ROCE) | 5.70% | 6.60% | 6.90% | 7.40% | 2.50% | 0.40% |
| Earnings Yield | 5.94% | 7.30% | 4.76% | 7.08% | -0.28% | 3.58% |
| FCF Yield | -0.64% | 0.52% | 2.76% | 3.60% | -10.34% | 0.72% |
| Buyback Yield / Dilution | 0.49% | -0.07% |