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

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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.

TTMFY2025FY2024FY2023FY2022FY2021
Revenue110.01M115.44M113.17M105.08M103.48M85.28M
Cost of Revenue78.57M83.72M81.84M76.04M82.94M67.10M
Gross Profit31.45M31.71M31.33M29.04M20.54M18.18M
Selling, General & Admin15.80M14.94M14.33M12.15M12.05M13.20M
Research & Development2.73M2.76M3.31M3.46M4.33M4.28M
Operating Expenses18.53M17.70M17.64M15.61M16.38M17.48M
Operating Income12.91M14.02M13.69M13.43M4.17M701.00K
Interest & Investment Income4.55M4.37M3.44M2.11M1.30M1.76M
Other Non Operating Income (Expenses)8.00K8.00K-13.00K-156.00K
EBT Excluding Unusual Items17.47M18.40M17.11M15.53M5.32M2.46M
Gain (Loss) on Sale of Investments1.20M1.80M3.62M3.24M-7.01M4.17M
Pretax Income18.67M20.20M20.73M18.78M-1.69M6.63M
Income Tax Expense3.79M4.54M6.17M4.11M-1.32M829.00K
Net Income14.89M15.66M14.56M14.67M-372.00K5.80M
Net Income to Common14.89M15.66M14.56M14.67M-372.00K5.80M
Shares Outstanding (Basic)14.66M14.66M14.66M14.66M14.66M14.61M
Shares Outstanding (Diluted)14.66M14.66M14.66M14.66M14.66M14.73M
EPS (Basic)1.021.070.991.00-0.030.40
EPS (Diluted)1.021.070.991.00-0.030.39
Free Cash Flow-1.62M1.10M8.45M7.45M-13.65M1.16M
Free Cash Flow Per Share-0.110.070.580.51-0.930.08
Gross Margin28.58%27.47%27.68%27.63%19.85%21.32%
Operating Margin11.74%12.14%12.10%12.78%4.03%0.82%
Profit Margin13.53%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%
EBITDA15.04M16.37M16.29M16.26M6.99M3.29M
EBITDA Margin13.67%14.18%14.39%15.47%6.75%3.86%
D&A For EBITDA2.13M2.36M2.60M2.83M2.82M2.59M
EBIT12.91M14.02M13.69M13.43M4.17M701.00K
EBIT Margin11.74%12.14%12.10%12.78%4.03%0.82%
Effective Tax Rate20.28%22.47%29.77%21.89%12.50%

Balance sheet

Fiscal year October - September; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Cash & Equivalents26.26M26.59M25.48M17.03M9.58M23.23M
Short-Term Investments137.91M109.71M89.93M84.25M89.30M94.98M
Cash & Short-Term Investments164.17M136.30M115.41M101.28M98.88M118.21M
Receivables9.19M15.34M11.32M3.98M5.11M4.53M
Inventory46.98M53.50M63.76M71.53M55.81M41.89M
Prepaid Expenses2.56M1.40M2.35M2.17M2.67M2.20M
Total Current Assets222.91M206.54M192.84M178.95M162.48M166.82M
Property, Plant & Equipment11.28M11.42M11.80M13.57M13.89M12.59M
Long-Term Deferred Tax Assets4.74M4.58M3.42M3.34M2.89M
Other Long-Term Assets53.00K53.00K53.00K53.00K54.00K53.00K
Total Assets238.98M222.60M208.12M195.92M179.31M179.46M
Accounts Payable3.61M1.84M2.00M3.27M4.25M3.10M
Accrued Expenses2.11M2.29M2.93M2.01M1.64M2.13M
Current Portion of Leases63.00K339.00K330.00K328.00K390.00K393.00K
Current Income Taxes Payable140.00K1.38M224.00K
Current Unearned Revenue5.85M3.89M5.02M6.82M5.86M5.24M
Other Current Liabilities315.00K323.00K366.00K244.00K291.00K
Total Current Liabilities11.63M8.81M10.60M14.16M12.39M11.39M
Long-Term Leases6.00K392.00K
Long-Term Deferred Tax Liabilities394.00K
Other Long-Term Liabilities2.58M1.98M1.38M176.00K
Total Liabilities14.21M10.79M11.98M14.34M12.40M12.17M
Common Stock1.47M1.47M1.47M1.47M1.47M1.47M
Additional Paid-In Capital12.59M12.59M12.59M12.59M12.59M12.59M
Retained Earnings210.71M197.75M182.09M167.53M152.86M153.23M
Shareholders' Equity224.77M211.80M196.14M181.58M166.92M167.29M
Total Liabilities & Equity238.98M222.60M208.12M195.92M179.31M179.46M
Total Debt63.00K339.00K330.00K328.00K396.00K785.00K
Net Cash (Debt)164.11M135.96M115.08M100.95M98.48M117.42M
Net Cash Per Share11.209.287.856.896.727.97
Filing Date Shares Outstanding14.66M14.66M14.66M14.66M14.66M14.66M
Total Common Shares Outstanding14.66M14.66M14.66M14.66M14.66M14.66M
Working Capital211.28M197.73M182.24M164.79M150.09M155.44M
Book Value Per Share15.3314.4513.3812.3911.3911.41
Tangible Book Value224.77M211.80M196.14M181.58M166.92M167.29M
Tangible Book Value Per Share15.3314.4513.3812.3911.3911.41
Land3.60M3.42M3.42M3.33M3.33M
Buildings16.67M15.24M14.88M13.58M13.83M
Machinery27.15M26.99M27.25M26.52M21.77M
Order Backlog23.60M56.20M57.80M43.20M53.10M

Cash flow statement

Fiscal year October - September; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Net Income14.89M15.66M14.56M14.67M-372.00K5.80M
Depreciation & Amortization2.13M2.36M2.60M2.83M2.82M2.59M
Loss (Gain) From Sale of Assets6.00K12.00K157.00K
Loss (Gain) From Sale of Investments-481.00K-1.33M-2.41M-4.32M7.26M-3.69M
Provision & Write-off of Bad Debts95.00K50.00K290.00K194.00K50.00K
Other Operating Activities-393.00K-553.00K1.12M-274.00K-4.87M-2.24M
Change in Accounts Receivable6.09M-4.07M-7.34M849.00K-783.00K3.82M
Change in Inventory5.89M10.26M7.76M-15.71M-13.93M-4.41M
Change in Accounts Payable1.07M-159.00K-1.27M-982.00K1.15M1.38M
Change in Unearned Revenue3.43M-1.13M-1.80M951.00K620.00K1.39M
Change in Other Net Operating Assets-2.29M439.00K-681.00K2.37M-1.23M-874.00K
Operating Cash Flow1.09M3.07M9.29M10.20M-9.13M3.82M
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 Stock264.00K
Financing Cash Flow264.00K
Net Cash Flow-1.62M1.10M8.45M7.45M-13.65M-12.35M
Free Cash Flow-1.62M1.10M8.45M7.45M-13.65M1.16M
Free Cash Flow Margin-1.47%0.96%7.47%7.09%-13.19%1.36%
Free Cash Flow Per Share-0.110.070.580.51-0.930.08
Levered Free Cash Flow21.77M14.55M6.99M-3.76M-13.07M-8.76M
Unlevered Free Cash Flow21.77M14.55M6.99M-3.76M-13.07M-8.76M
Cash Income Tax Paid4.08M4.08M7.86M2.30M2.39M1.96M
Change in Working Capital-15.15M-13.12M-6.59M-3.16M-14.17M1.30M

Ratios

Fiscal year October - September; amounts in USD.

TTMFY2025FY2024FY2023FY2022FY2021
Market Capitalization250.65M214.44M305.76M207.11M132.07M162.10M
Enterprise Value86.54M78.90M189.59M112.93M21.97M40.11M
Last Close Price17.1014.6320.8614.139.0111.09
PE Ratio16.8413.6921.0014.1227.93
Forward PE16.9327.1827.1827.1827.1827.18
PS Ratio2.281.862.701.971.281.90
PB Ratio1.121.011.561.140.790.97
P/TBV Ratio1.121.011.561.140.790.97
P/FCF Ratio194.0636.1827.80139.62
P/OCF Ratio229.1169.9032.9120.3142.44
PEG Ratio2.601.841.841.841.841.84
EV/Sales Ratio0.790.681.681.070.210.47
EV/EBITDA Ratio5.754.8211.646.953.1412.18
EV/EBIT Ratio6.705.6313.858.415.2757.22
EV/FCF Ratio71.4122.4315.1634.55
Debt / Equity Ratio0.000.000.000.000.000.01
Debt / EBITDA Ratio0.000.020.020.020.050.21
Debt / FCF Ratio0.310.040.040.68
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 Ratio101.55-123.04-13.62-13.557.21-101.14
Asset Turnover0.480.540.560.560.580.49
Inventory Turnover1.571.431.211.191.701.95
Quick Ratio14.9017.2111.957.438.3910.78
Current Ratio19.1623.4418.1912.6313.1114.65
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 Yield5.94%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 / Dilution0.49%-0.07%