← Back

Gencor Industries Inc

Gencor Industries, Inc. designs, manufactures, and sells heavy machinery for highway construction materials and environmental control equipment. Its products include hot-mix asphalt plants, storage silos, fabric filtration systems, cold feed bins, counter flow drum mix technology, batch plants, combustion systems for rotary dryers, kilns, incinerators, and fuel heaters, as well as Hy-Way Heat and Beverley thermal fluid heat transfer systems, specialty storage tanks, and Blaw-Knox asphalt pavers. The company also services and sells spare parts for its equipment, primarily to the highway construction industry through sales representatives and independent dealers and agents worldwide. Formerly known as Mechtron International Corporation, it changed its name to Gencor Industries, Inc. in 1987 and is based in Orlando, Florida.

Price · split & dividend adjusted
News & notes moving GENC
GENC

Gencor reports Q3 GAAP EPS of $0.39 on revenue of $33.81M

Gencor reported third-quarter fiscal 2026 GAAP earnings per share of $0.39 on revenue of $33.81 million, a 25.3% increase year-over-year. At June 30, 2026, the company held $164.2 million in cash, cash equivalents, and marketable securities, up from $136.3 million at September 30, 2025, and had no short-term or long-term debt outstanding. Net working capital rose to $211.3 million from $197.7 million over the same period. The company’s backlog stood at $79.2 million at June 30, 2026, compared to $26.2 million a year earlier.
Seeking Alpha·39dRead more →
GENC

Gencor Stock Drops After Q2 Earnings Despite Record Backlog

Gencor Industries shares fell 1% after reporting second-quarter fiscal 2026 results, underperforming the S&P 500's 1.8% gain. Net revenues declined 11.5% to $33.8 million, and net income dropped 36.9% to $3.8 million, or $0.26 per diluted share, partly due to a surge in trade show expenses to $3.5 million from $0.3 million a year earlier. Gross margin improved to 31.7% from 29.7%, and the company's backlog more than doubled to a record $60.5 million, supported by Infrastructure Investment and Jobs Act funding. Gencor remained debt-free with $155.1 million in cash and marketable securities, and management expects the expanded backlog to drive performance through fiscal 2027.
Zacks Investment Research·92dRead more →