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Gencor Industries Inc   (GENC)
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Price: $16.1700 $0.52 3.323%
Day's High: $16.17 Week Perf: -1.4 %
Day's Low: $ 15.30 30 Day Perf: 0.37 %
Volume (M): 92 52 Wk High: $ 16.94
Volume (M$): $ 1,481 52 Wk Avg: $14.91
Open: $15.44 52 Wk Low: $12.34



 Market Capitalization (Millions $) 233
 Shares Outstanding (Millions) 14
 Employees 216
 Revenues (TTM) (Millions $) 105
 Net Income (TTM) (Millions $) 16
 Cash Flow (TTM) (Millions $) 13
 Capital Exp. (TTM) (Millions $) 2

Gencor Industries Inc

Gencor Industries, Inc. and its subsidiaries is a leading manufacturer of heavy machinery used in the production of highway construction materials, synthetic fuels, and environmental control equipment. The Company’s products are manufactured in two facilities in the United States. The Company’s products are sold through a combination of Company sales representatives and independent dealers and agents located throughout the world.


The Company designs, manufactures and sells machinery and related equipment used primarily for the production of asphalt and highway construction materials. The Company’s principal core products include asphalt plants, combustion systems and fluid heat transfer systems. The Company believes that its technical and design capabilities, environmentally friendly process technology, and wide range of products have enabled it to become a leading producer of highway construction materials, synthetic fuels and environmental control equipment worldwide. The Company believes it has the largest installed base of asphalt production plants in the United States.


Because the Company’s products are sold primarily to the highway construction industry, the business is seasonal in nature. Traditionally, the Company’s customers do not purchase new equipment for shipment 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 products 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 government funding for domestic highway construction and repair, replacement of existing plants, the need for spare parts, and a continuing trend towards larger plants.

Asphalt Plants. The Company manufactures and produces hot-mix asphalt plants used in the production of asphalt paving materials. The Company also manufactures related asphalt plant equipment, including hot mix storage silos, fabric filtration systems, cold feed bins and other plant components. The Company’s H&B (Hetherington and Berner) product line is the world’s oldest asphalt plant line, first manufactured in 1894. The Company’s subsidiary, Bituma Corporation, formerly known as Boeing Construction Company, developed the first continuous process for asphalt production. Gencor developed and patented the first counter flow drum mix technology, several adaptations of which have become the industry standard, which recaptures and burns emissions and vapors, resulting in a cleaner and more efficient process. The Company also manufactures a very comprehensive range of fully mobile batch plants.


Combustion Systems and Industrial Incinerators. The Company manufactures combustion systems, which are large burners that can transform most solid, liquid or gaseous fuels into usable energy, or burn multiple fuels, alternately or simultaneously. Through its subsidiary General Combustion, the Company has been a significant source of combustion systems for the asphalt and aggregate drying industries since the 1950’s. The Company also manufactures soil remediation machinery, as well as combustion systems for rotary dryers, kilns, fume and liquid incinerators and fuel heaters. The Company believes maintenance and fuel costs are lower for its burners because of their superior design.


Fluid Heat Transfer Systems. The Company’s General Combustion subsidiary also manufactures the Hy-Way heat and Beverley lines of thermal fluid heat transfer systems and specialty storage tanks for a wide array of industry uses. Thermal fluid heat transfer systems are similar to boilers, but use high temperature oil instead of water. Thermal fluid heaters have been replacing steam pressure boilers as the best method of heat transfer for storage, heating and pumping viscous materials (i.e., asphalt, chemicals, heavy oils, etc.) in many industrial and petrochemical applications worldwide. The Company believes the high efficiency design of its thermal fluid heaters can outperform competitive units in many types of process applications.



   Company Address: 5201 North Orange Blossom Trail Orlando 32810 FL
   Company Phone Number: 290-6000   Stock Exchange / Ticker: NYSEAMER GENC
   


Customers Net Income fell by GENC's Customers Net Profit Margin fell to

-9.26 %

8.58 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
ASTE        0.52% 
CAT        4.35% 
CNHI        1.98% 
TEX        1.41% 
CLEV        1.41% 
DE        3.4% 
• View Complete Report
   



Gencor Industries Inc

Gencor Industries Inc. Demonstrates Resilience and Profitability During Challenging Quarters

The financial results of Gencor Industries Inc. for the fiscal time-frame ending December 31, 2023, present an interesting picture of the company's performance. While the revenue decreased slightly, the company managed to raise its earnings per share and saw a significant improvement in its bottom line. This demonstrates the company's ability to optimize its operations and increase profitability even in the face of challenges.
The increase in earnings per share and net income, despite a decrease in revenue, is a positive sign for investors. It shows that Gencor Industries Inc. is able to control its costs and effectively manage its resources to generate higher profits. The improvement in profit margins, with both net and operating margins increasing, is a clear indication of the company's ability to streamline its operations and enhance efficiency.

Gencor Industries Inc

Gencor Industries Inc. Soars to New Heights with a 194.72% Profit Surge in Q4 2023


Date: December 13, 2023
Gencor Industries Inc (NYSE American: GENC) has released its financial results for the fourth quarter of 2023, presenting positive performance across various key indicators.
Earnings per Share (EPS): GENC's EPS for Q4 2023 showed remarkable growth, surging by 194.72% to $0.21 per share compared to $0.07 per share during the same period a year ago. However, EPS decreased by -5.37% from the prior reporting period's $0.22 per share.

Gencor Industries Inc

Gencor Industries Inc Defies Revenue Decline, Achieves Positive Income and Promising Future Growth


Subtitle: Positive Income Signals Encouraging Future Prospects for Investors
[City], [Date] - Gencor Industries Inc, a renowned Construction & Mining Machinery company, exhibited impressive resilience during the fiscal period from April to June 2023, despite a decline in revenue. The company's prudent financial management and emphasis on improving profit margins have positioned it favorably for future growth and success.
Despite revenue deteriorating by -7.201% to $27.51 million compared to the same period last year, Gencor Industries Inc managed to achieve a positive income of $0.22 per share. This marks a significant improvement from the previous year's deficit of $-0.07 per share. The company also reported $3.212 million in net income compared to a net deficit of $-1.015 million in the corresponding reporting season a year ago.

Gencor Industries Inc

GENCsn Suffers -0.499% Top-Line Decrease in Second Quarter 2023 Performance

position.
Gencor Industries Inc, a Construction & Mining Machinery company, has reported positive results for its second quarter of 2023 with a return on equity of 4.6%. This is above the company's average return on equity of 4.47%, indicating significant growth from the first quarter of the year where the return on equity was only 2.01%. Although the company is performing well, there are eight other companies within the industry with a higher return on equity.






 

Gencor Industries Inc's Segments
 
 
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