vs
Side-by-side financial comparison of GENCOR INDUSTRIES INC (GENC) and IT TECH PACKAGING, INC. (ITP). Click either name above to swap in a different company.
IT TECH PACKAGING, INC. is the larger business by last-quarter revenue ($25.6M vs $23.6M, roughly 1.1× GENCOR INDUSTRIES INC). GENCOR INDUSTRIES INC runs the higher net margin — 14.6% vs -5.7%, a 20.3% gap on every dollar of revenue. On growth, IT TECH PACKAGING, INC. posted the faster year-over-year revenue change (2.1% vs -25.0%). GENCOR INDUSTRIES INC produced more free cash flow last quarter ($10.1M vs $1.5M). Over the past eight quarters, IT TECH PACKAGING, INC.'s revenue compounded faster (10.5% 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.
IT TECH PACKAGING, INC. is a paper manufacturing enterprise primarily operating in China. It produces and distributes a diverse portfolio of paper products including corrugated packaging paper, boxboard, and printing-use cultural paper, serving sectors such as consumer goods packaging, logistics, and commercial printing across its core market.
GENC vs ITP — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $23.6M | $25.6M |
| Net Profit | $3.4M | $-1.4M |
| Gross Margin | 28.7% | 7.9% |
| Operating Margin | 13.2% | -3.9% |
| Net Margin | 14.6% | -5.7% |
| Revenue YoY | -25.0% | 2.1% |
| Net Profit YoY | -9.8% | 26.6% |
| EPS (diluted) | $0.23 | $-0.11 |
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 | $23.6M | — | ||
| Q3 25 | $18.8M | $25.6M | ||
| Q2 25 | $27.0M | $24.8M | ||
| Q1 25 | $38.2M | $10.9M | ||
| Q4 24 | $31.4M | $17.6M | ||
| Q3 24 | $20.9M | $25.1M | ||
| Q2 24 | $25.6M | $26.2M | ||
| Q1 24 | $40.7M | $6.9M |
| Q4 25 | $3.4M | — | ||
| Q3 25 | $1.9M | $-1.4M | ||
| Q2 25 | $3.8M | $-2.0M | ||
| Q1 25 | $6.1M | $-3.5M | ||
| Q4 24 | $3.8M | $-4.0M | ||
| Q3 24 | $1.5M | $-2.0M | ||
| Q2 24 | $2.6M | $-77.7K | ||
| Q1 24 | $6.2M | $-3.7M |
| Q4 25 | 28.7% | — | ||
| Q3 25 | 24.2% | 7.9% | ||
| Q2 25 | 26.5% | 5.1% | ||
| Q1 25 | 29.7% | 0.8% | ||
| Q4 24 | 27.6% | 6.3% | ||
| Q3 24 | 25.6% | 7.6% | ||
| Q2 24 | 23.9% | 12.4% | ||
| Q1 24 | 30.3% | 5.8% |
| Q4 25 | 13.2% | — | ||
| Q3 25 | -1.2% | -3.9% | ||
| Q2 25 | 11.6% | -7.1% | ||
| Q1 25 | 17.0% | -31.0% | ||
| Q4 24 | 14.7% | -21.5% | ||
| Q3 24 | 5.9% | -5.8% | ||
| Q2 24 | 7.8% | 2.1% | ||
| Q1 24 | 17.4% | -51.0% |
| Q4 25 | 14.6% | — | ||
| Q3 25 | 10.2% | -5.7% | ||
| Q2 25 | 14.2% | -7.9% | ||
| Q1 25 | 16.0% | -32.2% | ||
| Q4 24 | 12.1% | -22.9% | ||
| Q3 24 | 6.9% | -7.9% | ||
| Q2 24 | 10.0% | -0.3% | ||
| Q1 24 | 15.3% | -54.6% |
| Q4 25 | $0.23 | — | ||
| Q3 25 | $0.13 | $-0.11 | ||
| Q2 25 | $0.26 | $-0.16 | ||
| Q1 25 | $0.42 | $-0.35 | ||
| Q4 24 | $0.26 | $-0.40 | ||
| Q3 24 | $0.10 | $-0.20 | ||
| Q2 24 | $0.17 | $-0.01 | ||
| Q1 24 | $0.42 | $-0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $147.7M | — |
| Total DebtLower is stronger | — | $4.7M |
| Stockholders' EquityBook value | $215.2M | $152.0M |
| Total Assets | $228.9M | $175.7M |
| Debt / EquityLower = less leverage | — | 0.03× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $147.7M | — | ||
| Q3 25 | $136.3M | — | ||
| Q2 25 | $136.0M | — | ||
| Q1 25 | $143.7M | — | ||
| Q4 24 | $130.1M | — | ||
| Q3 24 | $115.4M | — | ||
| Q2 24 | $116.6M | — | ||
| Q1 24 | $117.1M | — |
| Q4 25 | — | — | ||
| Q3 25 | $0 | $4.7M | ||
| Q2 25 | — | $4.7M | ||
| Q1 25 | — | $4.7M | ||
| Q4 24 | — | $4.7M | ||
| Q3 24 | $0 | $8.9M | ||
| Q2 24 | — | $11.3M | ||
| Q1 24 | — | $11.4M |
| Q4 25 | $215.2M | — | ||
| Q3 25 | $211.8M | $152.0M | ||
| Q2 25 | $209.9M | $152.3M | ||
| Q1 25 | $206.1M | $152.8M | ||
| Q4 24 | $200.0M | $156.1M | ||
| Q3 24 | $196.1M | $164.3M | ||
| Q2 24 | $194.7M | $163.5M | ||
| Q1 24 | $192.1M | $164.3M |
| Q4 25 | $228.9M | — | ||
| Q3 25 | $222.6M | $175.7M | ||
| Q2 25 | $220.2M | $175.2M | ||
| Q1 25 | $223.9M | $175.2M | ||
| Q4 24 | $218.2M | $177.5M | ||
| Q3 24 | $208.1M | $190.0M | ||
| Q2 24 | $201.8M | $191.4M | ||
| Q1 24 | $206.0M | $177.5M |
| Q4 25 | — | — | ||
| Q3 25 | 0.00× | 0.03× | ||
| Q2 25 | — | 0.03× | ||
| Q1 25 | — | 0.03× | ||
| Q4 24 | — | 0.03× | ||
| Q3 24 | 0.00× | 0.05× | ||
| Q2 24 | — | 0.07× | ||
| Q1 24 | — | 0.07× |
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 | $11.1M | $1.5M |
| Free Cash FlowOCF − Capex | $10.1M | $1.5M |
| FCF MarginFCF / Revenue | 43.0% | 5.9% |
| Capex IntensityCapex / Revenue | 4.1% | 0.0% |
| Cash ConversionOCF / Net Profit | 3.23× | — |
| TTM Free Cash FlowTrailing 4 quarters | $-3.2M | $3.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.1M | — | ||
| Q3 25 | $-275.0K | $1.5M | ||
| Q2 25 | $-23.9M | $1.4M | ||
| Q1 25 | $12.4M | $-2.5M | ||
| Q4 24 | $14.8M | $3.5M | ||
| Q3 24 | $-3.2M | $1.5M | ||
| Q2 24 | $-1.0M | $721.9K | ||
| Q1 24 | $11.7M | $624.4K |
| Q4 25 | $10.1M | — | ||
| Q3 25 | $-1.3M | $1.5M | ||
| Q2 25 | $-24.4M | $1.3M | ||
| Q1 25 | $12.3M | $-2.5M | ||
| Q4 24 | $14.5M | $3.5M | ||
| Q3 24 | $-3.3M | $1.2M | ||
| Q2 24 | $-1.4M | $668.3K | ||
| Q1 24 | $11.7M | $615.4K |
| Q4 25 | 43.0% | — | ||
| Q3 25 | -6.8% | 5.9% | ||
| Q2 25 | -90.4% | 5.4% | ||
| Q1 25 | 32.2% | -22.8% | ||
| Q4 24 | 46.1% | 19.6% | ||
| Q3 24 | -15.8% | 4.9% | ||
| Q2 24 | -5.6% | 2.5% | ||
| Q1 24 | 28.7% | 9.0% |
| Q4 25 | 4.1% | — | ||
| Q3 25 | 5.4% | 0.0% | ||
| Q2 25 | 1.8% | 0.1% | ||
| Q1 25 | 0.4% | 0.1% | ||
| Q4 24 | 1.0% | 0.1% | ||
| Q3 24 | 0.4% | 1.0% | ||
| Q2 24 | 1.5% | 0.2% | ||
| Q1 24 | 0.0% | 0.1% |
| 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.
