GENC GENCOR INDUSTRIES INC

Overview and Growth

Fiscal 2025 results for GENCOR INDUSTRIES INC combined $115.44M of revenue with net income of $15.66M and an operating cash inflow of $3.07M. Revenue of $115.44M sets the scale for evaluating how effectively sales translated into profit and cash during the year. The top line expanded 2.0% from $113.17M in fiscal 2024, increasing the company’s operating scale. The company reported diluted EPS of $1.07, adding a shareholder-level measure to the absolute income figures considered below. The per-share result recorded a 8.1% increase from fiscal 2024 diluted EPS of $0.99. The revenue-to-assets relationship was 0.52x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $31.71M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. The gross-profit relationship equaled 27.5% of revenue, quantifying the portion retained before operating expenses were recognized. The reported operating result was $14.02M, capturing profitability after direct costs and the operating expenses reflected in the statements. The operating result equaled 12.1% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. Net income came to $15.66M, completing the progression from revenue through gross and operating profitability to the final reported result. Measured against reported revenue, net income produced a 13.6% margin after operating costs and the remaining recognized items. Pretax income was $20.20M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. Pretax income represented 17.5% of revenue, placing earnings before tax in the context of the company’s operating scale. The reported income-tax provision was $4.54M, the amount recognized between pretax income and the final net-income result. Relative to pretax income, the tax provision measured 22.5%, quantifying the portion of pre-tax earnings paid in income tax.

Liquidity and Capital Structure

At period end, the $222.60M asset base was financed through $10.79M of liabilities and $211.80M of equity. At period end, current assets of $206.54M compared with current liabilities of $8.81M, defining the company’s short-term resource position. Current assets covered current liabilities by 23.44x, leaving a positive buffer for near-term obligations. Cash and equivalents totaled $26.59M, identifying the most liquid reported component available within the broader current-asset balance. Cash and equivalents represented 301.7% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. The company carried $0.00 of total debt at period end, which frames its leverage and debt-service burden. Debt equaled 0.0x of book equity, describing the relative scale of borrowing and shareholder capital. The debt-to-assets relationship was 0.0%, comparing borrowing with the total asset balance. Relative to total assets, liabilities measured 4.8%, complementing the separate equity-based view of the company’s capital structure. The cash-to-assets relationship was 11.9%, comparing reported cash and equivalents with the full positive asset balance.

Cash Flow and Earnings Quality

Cash flow from operations was $3.07M, a reported cash inflow that can be compared directly with net income and capital spending. The operating-cash-flow-to-net-income relationship was 0.2x, comparing cash generated by operations with the bottom-line earnings result. Capital expenditures used $1.96M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Capital expenditures represented 64.0% of operating cash flow, leaving the remainder available as free cash flow. Free cash flow came to $1.10M, leaving a positive amount after capital expenditures. Free cash flow represented 1.0% of revenue, linking post-investment cash generation with the company’s operating scale. The free-cash-flow-to-assets relationship was 0.5%, comparing post-investment cash with the balance-sheet asset base.

Based on the annual report for the fiscal year ending Sep 30, 2025. Analysis generated Oct 21, 2026.