Gencor Industries IncGENC
What Gencor Industries Inc does.
Gencor Industries, Inc. and its subsidiaries (the “Company,” “Gencor,” “we,” “us” or “our”) is a leading manufacturer of heavy machinery used in the production of highway construction equipment and materials and environmental control equipment. The Company’s products are manufactured in the United States and sold through a combination of Company sales representatives and independent dealers and agents.
The Company designs, manufactures and sells machinery and related equipment used primarily for the production of asphalt and highway construction equipment and materials. The Company’s principal core products include asphalt pavers, hot mix asphalt plants, combustion systems, and fluid heat transfer systems. The Company believes that its technical and design capabilities and environmentally friendly process technology have enabled it to become a leading producer of hot mix asphalt plants and related components in North America.
Because the Company’s products are sold primarily to companies in the highway construction industry, its business has historically been seasonal. Traditionally, the Company’s customers do not purchase new equipment during the summer and fall months to avoid disrupting their peak season for highway construction and repair work. The majority of orders for the Company’s asphalt plants and pavers are typically received between October and February, with a significant volume of shipments occurring prior to June. The principal factors driving demand for the Company’s products are the level of federal and state funding for domestic highway construction and repair, the replacement of existing plants, and a trend towards efficient, larger plants.
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | $77.4M | $85.3M | $103.5M | $105.1M | $113.2M | $115.4M |
| Net income | $5.5M | $5.8M | -$372,000 | $14.7M | $14.6M | $15.7M |
| Free cash flow | $25.2M | $1.2M | -$13.7M | $7.5M | $8.5M | $1.1M |
More on GENC.
- Gencor Industries Inc summary
- Gencor Industries Inc financial statements
- Gencor Industries Inc key metrics
- Gencor Industries Inc health scores and style box
- Gencor Industries Inc earnings
- Gencor Industries Inc dividends
- Gencor Industries Inc valuation
- Gencor Industries Inc ownership and insiders
- Gencor Industries Inc peers
Figures from Gencor Industries Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.