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Side-by-side financial comparison of FRANKLIN STREET PROPERTIES CORP (FSP) and GENCOR INDUSTRIES INC (GENC). Click either name above to swap in a different company.

FRANKLIN STREET PROPERTIES CORP is the larger business by last-quarter revenue ($26.0M vs $23.6M, roughly 1.1× GENCOR INDUSTRIES INC). GENCOR INDUSTRIES INC runs the higher net margin — 14.6% vs -28.1%, a 42.7% gap on every dollar of revenue. On growth, FRANKLIN STREET PROPERTIES CORP posted the faster year-over-year revenue change (-8.2% vs -25.0%). GENCOR INDUSTRIES INC produced more free cash flow last quarter ($10.1M vs $-12.7M). Over the past eight quarters, FRANKLIN STREET PROPERTIES CORP's revenue compounded faster (-8.7% CAGR vs -23.9%).

Franklin Street Properties Corp is a Massachusetts-based real estate investment trust (REIT) in the United States. It primarily invests in, owns, and operates high-quality office properties across major U.S. metropolitan markets, serving corporate tenants across various industry segments, and delivers stable long-term returns via rental income and strategic asset management.

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.

FSP vs GENC — Head-to-Head

Bigger by revenue
FSP
FSP
1.1× larger
FSP
$26.0M
$23.6M
GENC
Growing faster (revenue YoY)
FSP
FSP
+16.7% gap
FSP
-8.2%
-25.0%
GENC
Higher net margin
GENC
GENC
42.7% more per $
GENC
14.6%
-28.1%
FSP
More free cash flow
GENC
GENC
$22.8M more FCF
GENC
$10.1M
$-12.7M
FSP
Faster 2-yr revenue CAGR
FSP
FSP
Annualised
FSP
-8.7%
-23.9%
GENC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FSP
FSP
GENC
GENC
Revenue
$26.0M
$23.6M
Net Profit
$-7.3M
$3.4M
Gross Margin
59.4%
28.7%
Operating Margin
-27.9%
13.2%
Net Margin
-28.1%
14.6%
Revenue YoY
-8.2%
-25.0%
Net Profit YoY
14.1%
-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.

Revenue
FSP
FSP
GENC
GENC
Q4 25
$26.0M
$23.6M
Q3 25
$27.3M
$18.8M
Q2 25
$26.7M
$27.0M
Q1 25
$27.1M
$38.2M
Q4 24
$28.4M
$31.4M
Q3 24
$29.7M
$20.9M
Q2 24
$30.8M
$25.6M
Q1 24
$31.2M
$40.7M
Net Profit
FSP
FSP
GENC
GENC
Q4 25
$-7.3M
$3.4M
Q3 25
$-8.3M
$1.9M
Q2 25
$-7.9M
$3.8M
Q1 25
$-21.4M
$6.1M
Q4 24
$-8.5M
$3.8M
Q3 24
$-15.6M
$1.5M
Q2 24
$-21.0M
$2.6M
Q1 24
$-7.6M
$6.2M
Gross Margin
FSP
FSP
GENC
GENC
Q4 25
59.4%
28.7%
Q3 25
60.9%
24.2%
Q2 25
59.9%
26.5%
Q1 25
62.8%
29.7%
Q4 24
59.7%
27.6%
Q3 24
61.0%
25.6%
Q2 24
64.2%
23.9%
Q1 24
64.7%
30.3%
Operating Margin
FSP
FSP
GENC
GENC
Q4 25
-27.9%
13.2%
Q3 25
-30.5%
-1.2%
Q2 25
-29.2%
11.6%
Q1 25
-78.9%
17.0%
Q4 24
-29.9%
14.7%
Q3 24
-52.4%
5.9%
Q2 24
-68.0%
7.8%
Q1 24
-24.0%
17.4%
Net Margin
FSP
FSP
GENC
GENC
Q4 25
-28.1%
14.6%
Q3 25
-30.5%
10.2%
Q2 25
-29.5%
14.2%
Q1 25
-79.1%
16.0%
Q4 24
-30.0%
12.1%
Q3 24
-52.6%
6.9%
Q2 24
-68.2%
10.0%
Q1 24
-24.2%
15.3%
EPS (diluted)
FSP
FSP
GENC
GENC
Q4 25
$-0.06
$0.23
Q3 25
$-0.08
$0.13
Q2 25
$-0.08
$0.26
Q1 25
$-0.21
$0.42
Q4 24
$-0.09
$0.26
Q3 24
$-0.15
$0.10
Q2 24
$-0.20
$0.17
Q1 24
$-0.07
$0.42

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FSP
FSP
GENC
GENC
Cash + ST InvestmentsLiquidity on hand
$30.6M
$147.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$607.0M
$215.2M
Total Assets
$892.9M
$228.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FSP
FSP
GENC
GENC
Q4 25
$30.6M
$147.7M
Q3 25
$31.4M
$136.3M
Q2 25
$29.4M
$136.0M
Q1 25
$30.2M
$143.7M
Q4 24
$41.1M
$130.1M
Q3 24
$40.9M
$115.4M
Q2 24
$30.2M
$116.6M
Q1 24
$34.2M
$117.1M
Total Debt
FSP
FSP
GENC
GENC
Q4 25
Q3 25
$0
Q2 25
Q1 25
Q4 24
Q3 24
$0
Q2 24
Q1 24
Stockholders' Equity
FSP
FSP
GENC
GENC
Q4 25
$607.0M
$215.2M
Q3 25
$615.3M
$211.8M
Q2 25
$624.7M
$209.9M
Q1 25
$633.4M
$206.1M
Q4 24
$655.9M
$200.0M
Q3 24
$665.4M
$196.1M
Q2 24
$682.1M
$194.7M
Q1 24
$703.9M
$192.1M
Total Assets
FSP
FSP
GENC
GENC
Q4 25
$892.9M
$228.9M
Q3 25
$901.0M
$222.6M
Q2 25
$903.2M
$220.2M
Q1 25
$916.4M
$223.9M
Q4 24
$946.9M
$218.2M
Q3 24
$981.5M
$208.1M
Q2 24
$1.0B
$201.8M
Q1 24
$1.0B
$206.0M
Debt / Equity
FSP
FSP
GENC
GENC
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
FSP
FSP
GENC
GENC
Operating Cash FlowLast quarter
$3.8M
$11.1M
Free Cash FlowOCF − Capex
$-12.7M
$10.1M
FCF MarginFCF / Revenue
-48.6%
43.0%
Capex IntensityCapex / Revenue
63.0%
4.1%
Cash ConversionOCF / Net Profit
3.23×
TTM Free Cash FlowTrailing 4 quarters
$-25.3M
$-3.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FSP
FSP
GENC
GENC
Q4 25
$3.8M
$11.1M
Q3 25
$8.3M
$-275.0K
Q2 25
$-2.9M
$-23.9M
Q1 25
$-5.5M
$12.4M
Q4 24
$9.0M
$14.8M
Q3 24
$14.5M
$-3.2M
Q2 24
$-648.0K
$-1.0M
Q1 24
$-7.1M
$11.7M
Free Cash Flow
FSP
FSP
GENC
GENC
Q4 25
$-12.7M
$10.1M
Q3 25
$3.0M
$-1.3M
Q2 25
$-5.7M
$-24.4M
Q1 25
$-9.9M
$12.3M
Q4 24
$-16.2M
$14.5M
Q3 24
$8.6M
$-3.3M
Q2 24
$-5.1M
$-1.4M
Q1 24
$-15.8M
$11.7M
FCF Margin
FSP
FSP
GENC
GENC
Q4 25
-48.6%
43.0%
Q3 25
11.0%
-6.8%
Q2 25
-21.5%
-90.4%
Q1 25
-36.7%
32.2%
Q4 24
-57.2%
46.1%
Q3 24
29.1%
-15.8%
Q2 24
-16.7%
-5.6%
Q1 24
-50.8%
28.7%
Capex Intensity
FSP
FSP
GENC
GENC
Q4 25
63.0%
4.1%
Q3 25
19.4%
5.4%
Q2 25
10.7%
1.8%
Q1 25
16.4%
0.4%
Q4 24
88.9%
1.0%
Q3 24
19.6%
0.4%
Q2 24
14.6%
1.5%
Q1 24
28.1%
0.0%
Cash Conversion
FSP
FSP
GENC
GENC
Q4 25
3.23×
Q3 25
-0.14×
Q2 25
-6.24×
Q1 25
2.04×
Q4 24
3.88×
Q3 24
-2.22×
Q2 24
-0.41×
Q1 24
1.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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