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Side-by-side financial comparison of ALPHA PRO TECH LTD (APT) and GENCOR INDUSTRIES INC (GENC). Click either name above to swap in a different company.
GENCOR INDUSTRIES INC is the larger business by last-quarter revenue ($23.6M vs $13.9M, roughly 1.7× ALPHA PRO TECH LTD). GENCOR INDUSTRIES INC runs the higher net margin — 14.6% vs 5.0%, a 9.6% gap on every dollar of revenue. On growth, ALPHA PRO TECH LTD posted the faster year-over-year revenue change (0.3% vs -25.0%). GENCOR INDUSTRIES INC produced more free cash flow last quarter ($10.1M vs $51.0K). Over the past eight quarters, ALPHA PRO TECH LTD's revenue compounded faster (1.4% CAGR vs -23.9%).
Alpha Pro Tech Ltd is a leading developer, manufacturer and marketer of disposable protective apparel, face masks, and building supply products including weather-resistant barriers. It primarily serves the healthcare, industrial, and construction sectors, with core operating markets concentrated in North America.
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.
APT vs GENC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $13.9M | $23.6M |
| Net Profit | $698.0K | $3.4M |
| Gross Margin | 37.1% | 28.7% |
| Operating Margin | 6.9% | 13.2% |
| Net Margin | 5.0% | 14.6% |
| Revenue YoY | 0.3% | -25.0% |
| Net Profit YoY | -17.6% | -9.8% |
| EPS (diluted) | $0.06 | $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 | $13.9M | $23.6M | ||
| Q3 25 | $14.8M | $18.8M | ||
| Q2 25 | $16.7M | $27.0M | ||
| Q1 25 | $13.8M | $38.2M | ||
| Q4 24 | $13.8M | $31.4M | ||
| Q3 24 | $14.3M | $20.9M | ||
| Q2 24 | $16.3M | $25.6M | ||
| Q1 24 | $13.5M | $40.7M |
| Q4 25 | $698.0K | $3.4M | ||
| Q3 25 | $976.0K | $1.9M | ||
| Q2 25 | $1.2M | $3.8M | ||
| Q1 25 | $613.0K | $6.1M | ||
| Q4 24 | $847.0K | $3.8M | ||
| Q3 24 | $862.0K | $1.5M | ||
| Q2 24 | $1.6M | $2.6M | ||
| Q1 24 | $576.0K | $6.2M |
| Q4 25 | 37.1% | 28.7% | ||
| Q3 25 | 39.7% | 24.2% | ||
| Q2 25 | 36.8% | 26.5% | ||
| Q1 25 | 39.0% | 29.7% | ||
| Q4 24 | 37.6% | 27.6% | ||
| Q3 24 | 38.5% | 25.6% | ||
| Q2 24 | 42.0% | 23.9% | ||
| Q1 24 | 40.2% | 30.3% |
| Q4 25 | 6.9% | 13.2% | ||
| Q3 25 | 7.4% | -1.2% | ||
| Q2 25 | 8.0% | 11.6% | ||
| Q1 25 | 3.3% | 17.0% | ||
| Q4 24 | 4.9% | 14.7% | ||
| Q3 24 | 5.2% | 5.9% | ||
| Q2 24 | 10.5% | 7.8% | ||
| Q1 24 | 2.4% | 17.4% |
| Q4 25 | 5.0% | 14.6% | ||
| Q3 25 | 6.6% | 10.2% | ||
| Q2 25 | 7.5% | 14.2% | ||
| Q1 25 | 4.4% | 16.0% | ||
| Q4 24 | 6.1% | 12.1% | ||
| Q3 24 | 6.0% | 6.9% | ||
| Q2 24 | 10.1% | 10.0% | ||
| Q1 24 | 4.3% | 15.3% |
| Q4 25 | $0.06 | $0.23 | ||
| Q3 25 | $0.09 | $0.13 | ||
| Q2 25 | $0.12 | $0.26 | ||
| Q1 25 | $0.06 | $0.42 | ||
| Q4 24 | $0.07 | $0.26 | ||
| Q3 24 | $0.08 | $0.10 | ||
| Q2 24 | $0.15 | $0.17 | ||
| Q1 24 | $0.05 | $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 | $17.0M | $147.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $62.5M | $215.2M |
| Total Assets | $74.1M | $228.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $17.0M | $147.7M | ||
| Q3 25 | $17.7M | $136.3M | ||
| Q2 25 | $14.5M | $136.0M | ||
| Q1 25 | $13.4M | $143.7M | ||
| Q4 24 | $18.6M | $130.1M | ||
| Q3 24 | $18.4M | $115.4M | ||
| Q2 24 | $16.2M | $116.6M | ||
| Q1 24 | $18.5M | $117.1M |
| Q4 25 | — | — | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $0 | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $62.5M | $215.2M | ||
| Q3 25 | $62.5M | $211.8M | ||
| Q2 25 | $62.2M | $209.9M | ||
| Q1 25 | $61.7M | $206.1M | ||
| Q4 24 | $62.2M | $200.0M | ||
| Q3 24 | $62.1M | $196.1M | ||
| Q2 24 | $62.0M | $194.7M | ||
| Q1 24 | $61.6M | $192.1M |
| Q4 25 | $74.1M | $228.9M | ||
| Q3 25 | $73.9M | $222.6M | ||
| Q2 25 | $73.2M | $220.2M | ||
| Q1 25 | $72.2M | $223.9M | ||
| Q4 24 | $73.7M | $218.2M | ||
| Q3 24 | $73.3M | $208.1M | ||
| Q2 24 | $72.7M | $201.8M | ||
| Q1 24 | $72.7M | $206.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $318.0K | $11.1M |
| Free Cash FlowOCF − Capex | $51.0K | $10.1M |
| FCF MarginFCF / Revenue | 0.4% | 43.0% |
| Capex IntensityCapex / Revenue | 1.9% | 4.1% |
| Cash ConversionOCF / Net Profit | 0.46× | 3.23× |
| TTM Free Cash FlowTrailing 4 quarters | $1.7M | $-3.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $318.0K | $11.1M | ||
| Q3 25 | $3.9M | $-275.0K | ||
| Q2 25 | $2.1M | $-23.9M | ||
| Q1 25 | $-4.0M | $12.4M | ||
| Q4 24 | $2.4M | $14.8M | ||
| Q3 24 | $5.3M | $-3.2M | ||
| Q2 24 | $-873.0K | $-1.0M | ||
| Q1 24 | $-1.2M | $11.7M |
| Q4 25 | $51.0K | $10.1M | ||
| Q3 25 | $3.8M | $-1.3M | ||
| Q2 25 | $1.9M | $-24.4M | ||
| Q1 25 | $-4.1M | $12.3M | ||
| Q4 24 | $970.0K | $14.5M | ||
| Q3 24 | $3.2M | $-3.3M | ||
| Q2 24 | $-1.0M | $-1.4M | ||
| Q1 24 | $-1.3M | $11.7M |
| Q4 25 | 0.4% | 43.0% | ||
| Q3 25 | 25.9% | -6.8% | ||
| Q2 25 | 11.7% | -90.4% | ||
| Q1 25 | -29.6% | 32.2% | ||
| Q4 24 | 7.0% | 46.1% | ||
| Q3 24 | 22.3% | -15.8% | ||
| Q2 24 | -6.2% | -5.6% | ||
| Q1 24 | -9.3% | 28.7% |
| Q4 25 | 1.9% | 4.1% | ||
| Q3 25 | 0.7% | 5.4% | ||
| Q2 25 | 0.8% | 1.8% | ||
| Q1 25 | 1.0% | 0.4% | ||
| Q4 24 | 10.4% | 1.0% | ||
| Q3 24 | 15.1% | 0.4% | ||
| Q2 24 | 0.8% | 1.5% | ||
| Q1 24 | 0.6% | 0.0% |
| Q4 25 | 0.46× | 3.23× | ||
| Q3 25 | 4.02× | -0.14× | ||
| Q2 25 | 1.68× | -6.24× | ||
| Q1 25 | -6.46× | 2.04× | ||
| Q4 24 | 2.85× | 3.88× | ||
| Q3 24 | 6.18× | -2.22× | ||
| Q2 24 | -0.53× | -0.41× | ||
| Q1 24 | -2.03× | 1.87× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APT
| Other | $7.3M | 53% |
| Disposable Protective Apparel | $6.6M | 47% |
GENC
Segment breakdown not available.
