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Side-by-side financial comparison of ADAMAS TRUST, INC. (ADAM) and GENCOR INDUSTRIES INC (GENC). Click either name above to swap in a different company.
ADAMAS TRUST, INC. is the larger business by last-quarter revenue ($43.2M vs $23.6M, roughly 1.8× GENCOR INDUSTRIES INC). ADAMAS TRUST, INC. runs the higher net margin — 124.0% vs 14.6%, a 109.4% gap on every dollar of revenue. On growth, ADAMAS TRUST, INC. posted the faster year-over-year revenue change (61.6% vs -25.0%). ADAMAS TRUST, INC. produced more free cash flow last quarter ($125.9M vs $10.1M). Over the past eight quarters, ADAMAS TRUST, INC.'s revenue compounded faster (55.5% CAGR vs -23.9%).
Gencor Industries Inc is a leading manufacturer of heavy construction and infrastructure equipment, specializing in asphalt production plants, thermal combustion systems, and supporting road-building machinery. It primarily serves North American and global construction markets, supplying products to both public sector infrastructure projects and private commercial construction operators.
ADAM vs GENC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $43.2M | $23.6M |
| Net Profit | $53.5M | $3.4M |
| Gross Margin | — | 28.7% |
| Operating Margin | — | 13.2% |
| Net Margin | 124.0% | 14.6% |
| Revenue YoY | 61.6% | -25.0% |
| Net Profit YoY | 270.5% | -9.8% |
| EPS (diluted) | $0.45 | $0.23 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $43.2M | $23.6M | ||
| Q3 25 | $36.6M | $18.8M | ||
| Q2 25 | $36.4M | $27.0M | ||
| Q1 25 | $33.1M | $38.2M | ||
| Q4 24 | $26.7M | $31.4M | ||
| Q3 24 | $20.2M | $20.9M | ||
| Q2 24 | $19.0M | $25.6M | ||
| Q1 24 | $17.9M | $40.7M |
| Q4 25 | $53.5M | $3.4M | ||
| Q3 25 | $44.8M | $1.9M | ||
| Q2 25 | $8.5M | $3.8M | ||
| Q1 25 | $42.2M | $6.1M | ||
| Q4 24 | $-31.4M | $3.8M | ||
| Q3 24 | $42.8M | $1.5M | ||
| Q2 24 | $-15.6M | $2.6M | ||
| Q1 24 | $-57.9M | $6.2M |
| Q4 25 | — | 28.7% | ||
| Q3 25 | — | 24.2% | ||
| Q2 25 | — | 26.5% | ||
| Q1 25 | — | 29.7% | ||
| Q4 24 | — | 27.6% | ||
| Q3 24 | — | 25.6% | ||
| Q2 24 | — | 23.9% | ||
| Q1 24 | — | 30.3% |
| Q4 25 | — | 13.2% | ||
| Q3 25 | — | -1.2% | ||
| Q2 25 | 11.7% | 11.6% | ||
| Q1 25 | — | 17.0% | ||
| Q4 24 | -119.0% | 14.7% | ||
| Q3 24 | — | 5.9% | ||
| Q2 24 | -124.7% | 7.8% | ||
| Q1 24 | -448.8% | 17.4% |
| Q4 25 | 124.0% | 14.6% | ||
| Q3 25 | 122.5% | 10.2% | ||
| Q2 25 | 23.4% | 14.2% | ||
| Q1 25 | 127.4% | 16.0% | ||
| Q4 24 | -117.5% | 12.1% | ||
| Q3 24 | 211.7% | 6.9% | ||
| Q2 24 | -81.9% | 10.0% | ||
| Q1 24 | -324.1% | 15.3% |
| Q4 25 | $0.45 | $0.23 | ||
| Q3 25 | $0.36 | $0.13 | ||
| Q2 25 | $-0.04 | $0.26 | ||
| Q1 25 | $0.33 | $0.42 | ||
| Q4 24 | $-0.46 | $0.26 | ||
| Q3 24 | $0.36 | $0.10 | ||
| Q2 24 | $-0.29 | $0.17 | ||
| Q1 24 | $-0.75 | $0.42 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $210.3M | $147.7M |
| Total DebtLower is stronger | $735.8M | — |
| Stockholders' EquityBook value | $1.4B | $215.2M |
| Total Assets | $12.6B | $228.9M |
| Debt / EquityLower = less leverage | 0.52× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $210.3M | $147.7M | ||
| Q3 25 | $185.3M | $136.3M | ||
| Q2 25 | $160.4M | $136.0M | ||
| Q1 25 | $177.1M | $143.7M | ||
| Q4 24 | $167.4M | $130.1M | ||
| Q3 24 | $195.1M | $115.4M | ||
| Q2 24 | $235.5M | $116.6M | ||
| Q1 24 | $226.9M | $117.1M |
| Q4 25 | $735.8M | — | ||
| Q3 25 | $766.6M | $0 | ||
| Q2 25 | $653.0M | — | ||
| Q1 25 | $654.4M | — | ||
| Q4 24 | $573.2M | — | ||
| Q3 24 | $699.4M | $0 | ||
| Q2 24 | $800.7M | — | ||
| Q1 24 | $1.0B | — |
| Q4 25 | $1.4B | $215.2M | ||
| Q3 25 | $1.4B | $211.8M | ||
| Q2 25 | $1.4B | $209.9M | ||
| Q1 25 | $1.4B | $206.1M | ||
| Q4 24 | $1.4B | $200.0M | ||
| Q3 24 | $1.4B | $196.1M | ||
| Q2 24 | $1.4B | $194.7M | ||
| Q1 24 | $1.5B | $192.1M |
| Q4 25 | $12.6B | $228.9M | ||
| Q3 25 | $12.4B | $222.6M | ||
| Q2 25 | $10.6B | $220.2M | ||
| Q1 25 | $10.0B | $223.9M | ||
| Q4 24 | $9.2B | $218.2M | ||
| Q3 24 | $8.9B | $208.1M | ||
| Q2 24 | $8.2B | $201.8M | ||
| Q1 24 | $7.4B | $206.0M |
| Q4 25 | 0.52× | — | ||
| Q3 25 | 0.55× | 0.00× | ||
| Q2 25 | 0.47× | — | ||
| Q1 25 | 0.47× | — | ||
| Q4 24 | 0.41× | — | ||
| Q3 24 | 0.48× | 0.00× | ||
| Q2 24 | 0.56× | — | ||
| Q1 24 | 0.67× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $134.0M | $11.1M |
| Free Cash FlowOCF − Capex | $125.9M | $10.1M |
| FCF MarginFCF / Revenue | 291.6% | 43.0% |
| Capex IntensityCapex / Revenue | 18.9% | 4.1% |
| Cash ConversionOCF / Net Profit | 2.50× | 3.23× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-3.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $134.0M | $11.1M | ||
| Q3 25 | $6.9M | $-275.0K | ||
| Q2 25 | $39.2M | $-23.9M | ||
| Q1 25 | $25.8M | $12.4M | ||
| Q4 24 | $14.1M | $14.8M | ||
| Q3 24 | $-922.0K | $-3.2M | ||
| Q2 24 | $-993.0K | $-1.0M | ||
| Q1 24 | $-13.1M | $11.7M |
| Q4 25 | $125.9M | $10.1M | ||
| Q3 25 | — | $-1.3M | ||
| Q2 25 | — | $-24.4M | ||
| Q1 25 | — | $12.3M | ||
| Q4 24 | $-10.6M | $14.5M | ||
| Q3 24 | $-8.6M | $-3.3M | ||
| Q2 24 | $-8.6M | $-1.4M | ||
| Q1 24 | $-19.1M | $11.7M |
| Q4 25 | 291.6% | 43.0% | ||
| Q3 25 | — | -6.8% | ||
| Q2 25 | — | -90.4% | ||
| Q1 25 | — | 32.2% | ||
| Q4 24 | -39.6% | 46.1% | ||
| Q3 24 | -42.3% | -15.8% | ||
| Q2 24 | -44.9% | -5.6% | ||
| Q1 24 | -107.0% | 28.7% |
| Q4 25 | 18.9% | 4.1% | ||
| Q3 25 | — | 5.4% | ||
| Q2 25 | — | 1.8% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | 92.3% | 1.0% | ||
| Q3 24 | 37.7% | 0.4% | ||
| Q2 24 | 39.7% | 1.5% | ||
| Q1 24 | 33.5% | 0.0% |
| Q4 25 | 2.50× | 3.23× | ||
| Q3 25 | 0.15× | -0.14× | ||
| Q2 25 | 4.59× | -6.24× | ||
| Q1 25 | 0.61× | 2.04× | ||
| Q4 24 | — | 3.88× | ||
| Q3 24 | -0.02× | -2.22× | ||
| Q2 24 | — | -0.41× | ||
| Q1 24 | — | 1.87× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADAM
| Other | $19.6M | 45% |
| Constructive Loans LLC | $14.4M | 33% |
| Multifamily | $9.1M | 21% |
GENC
Segment breakdown not available.
