vs

Side-by-side financial comparison of GENCOR INDUSTRIES INC (GENC) and M-tron Industries, Inc. (MPTI). Click either name above to swap in a different company.

GENCOR INDUSTRIES INC is the larger business by last-quarter revenue ($23.6M vs $14.2M, roughly 1.7× M-tron Industries, Inc.). M-tron Industries, Inc. runs the higher net margin — 24.1% vs 14.6%, a 9.5% gap on every dollar of revenue. On growth, M-tron Industries, Inc. posted the faster year-over-year revenue change (11.2% vs -25.0%). GENCOR INDUSTRIES INC produced more free cash flow last quarter ($10.1M vs $2.3M). Over the past eight quarters, M-tron Industries, Inc.'s revenue compounded faster (12.8% 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.

M-tron Industries, Inc. designs, manufactures and markets high-performance frequency control and timing solutions including crystal oscillators, filters and integrated timing assemblies. Its products serve aerospace, defense, telecom, industrial automation and medical device segments, catering mainly to North American, European and Asian commercial and government clients.

GENC vs MPTI — Head-to-Head

Bigger by revenue
GENC
GENC
1.7× larger
GENC
$23.6M
$14.2M
MPTI
Growing faster (revenue YoY)
MPTI
MPTI
+36.1% gap
MPTI
11.2%
-25.0%
GENC
Higher net margin
MPTI
MPTI
9.5% more per $
MPTI
24.1%
14.6%
GENC
More free cash flow
GENC
GENC
$7.8M more FCF
GENC
$10.1M
$2.3M
MPTI
Faster 2-yr revenue CAGR
MPTI
MPTI
Annualised
MPTI
12.8%
-23.9%
GENC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GENC
GENC
MPTI
MPTI
Revenue
$23.6M
$14.2M
Net Profit
$3.4M
$3.4M
Gross Margin
28.7%
Operating Margin
13.2%
27.3%
Net Margin
14.6%
24.1%
Revenue YoY
-25.0%
11.2%
Net Profit YoY
-9.8%
60.1%
EPS (diluted)
$0.23
$0.90

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
GENC
GENC
MPTI
MPTI
Q4 25
$23.6M
$14.2M
Q3 25
$18.8M
$14.2M
Q2 25
$27.0M
$13.3M
Q1 25
$38.2M
$12.7M
Q4 24
$31.4M
$12.8M
Q3 24
$20.9M
$13.2M
Q2 24
$25.6M
$11.8M
Q1 24
$40.7M
$11.2M
Net Profit
GENC
GENC
MPTI
MPTI
Q4 25
$3.4M
$3.4M
Q3 25
$1.9M
$1.8M
Q2 25
$3.8M
$1.6M
Q1 25
$6.1M
$1.6M
Q4 24
$3.8M
$2.1M
Q3 24
$1.5M
$2.3M
Q2 24
$2.6M
$1.7M
Q1 24
$6.2M
$1.5M
Gross Margin
GENC
GENC
MPTI
MPTI
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%
Operating Margin
GENC
GENC
MPTI
MPTI
Q4 25
13.2%
27.3%
Q3 25
-1.2%
18.0%
Q2 25
11.6%
13.9%
Q1 25
17.0%
15.8%
Q4 24
14.7%
20.1%
Q3 24
5.9%
22.1%
Q2 24
7.8%
17.8%
Q1 24
17.4%
16.0%
Net Margin
GENC
GENC
MPTI
MPTI
Q4 25
14.6%
24.1%
Q3 25
10.2%
12.9%
Q2 25
14.2%
11.7%
Q1 25
16.0%
12.8%
Q4 24
12.1%
16.7%
Q3 24
6.9%
17.2%
Q2 24
10.0%
14.8%
Q1 24
15.3%
13.3%
EPS (diluted)
GENC
GENC
MPTI
MPTI
Q4 25
$0.23
$0.90
Q3 25
$0.13
$0.63
Q2 25
$0.26
$0.53
Q1 25
$0.42
$0.56
Q4 24
$0.26
$0.68
Q3 24
$0.10
$0.81
Q2 24
$0.17
$0.63
Q1 24
$0.42
$0.53

Balance Sheet & Financial Strength

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

Metric
GENC
GENC
MPTI
MPTI
Cash + ST InvestmentsLiquidity on hand
$147.7M
$20.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$215.2M
$63.2M
Total Assets
$228.9M
$68.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GENC
GENC
MPTI
MPTI
Q4 25
$147.7M
$20.9M
Q3 25
$136.3M
$18.3M
Q2 25
$136.0M
$15.5M
Q1 25
$143.7M
$13.7M
Q4 24
$130.1M
$12.6M
Q3 24
$115.4M
$8.5M
Q2 24
$116.6M
$6.5M
Q1 24
$117.1M
$5.4M
Total Debt
GENC
GENC
MPTI
MPTI
Q4 25
Q3 25
$0
Q2 25
Q1 25
Q4 24
Q3 24
$0
Q2 24
Q1 24
Stockholders' Equity
GENC
GENC
MPTI
MPTI
Q4 25
$215.2M
$63.2M
Q3 25
$211.8M
$37.0M
Q2 25
$209.9M
$34.8M
Q1 25
$206.1M
$33.2M
Q4 24
$200.0M
$31.3M
Q3 24
$196.1M
$26.2M
Q2 24
$194.7M
$23.7M
Q1 24
$192.1M
$21.7M
Total Assets
GENC
GENC
MPTI
MPTI
Q4 25
$228.9M
$68.4M
Q3 25
$222.6M
$42.2M
Q2 25
$220.2M
$39.7M
Q1 25
$223.9M
$37.8M
Q4 24
$218.2M
$36.6M
Q3 24
$208.1M
$31.5M
Q2 24
$201.8M
$28.4M
Q1 24
$206.0M
$26.8M
Debt / Equity
GENC
GENC
MPTI
MPTI
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
GENC
GENC
MPTI
MPTI
Operating Cash FlowLast quarter
$11.1M
$2.7M
Free Cash FlowOCF − Capex
$10.1M
$2.3M
FCF MarginFCF / Revenue
43.0%
16.4%
Capex IntensityCapex / Revenue
4.1%
2.4%
Cash ConversionOCF / Net Profit
3.23×
0.78×
TTM Free Cash FlowTrailing 4 quarters
$-3.2M
$8.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GENC
GENC
MPTI
MPTI
Q4 25
$11.1M
$2.7M
Q3 25
$-275.0K
$3.5M
Q2 25
$-23.9M
$2.9M
Q1 25
$12.4M
$1.6M
Q4 24
$14.8M
$1.8M
Q3 24
$-3.2M
$2.3M
Q2 24
$-1.0M
$2.0M
Q1 24
$11.7M
$1.5M
Free Cash Flow
GENC
GENC
MPTI
MPTI
Q4 25
$10.1M
$2.3M
Q3 25
$-1.3M
$2.7M
Q2 25
$-24.4M
$2.0M
Q1 25
$12.3M
$1.0M
Q4 24
$14.5M
$1.4M
Q3 24
$-3.3M
$1.8M
Q2 24
$-1.4M
$1.1M
Q1 24
$11.7M
$1.4M
FCF Margin
GENC
GENC
MPTI
MPTI
Q4 25
43.0%
16.4%
Q3 25
-6.8%
19.1%
Q2 25
-90.4%
15.4%
Q1 25
32.2%
8.0%
Q4 24
46.1%
10.8%
Q3 24
-15.8%
13.4%
Q2 24
-5.6%
9.2%
Q1 24
28.7%
12.3%
Capex Intensity
GENC
GENC
MPTI
MPTI
Q4 25
4.1%
2.4%
Q3 25
5.4%
5.7%
Q2 25
1.8%
6.1%
Q1 25
0.4%
4.6%
Q4 24
1.0%
3.3%
Q3 24
0.4%
3.6%
Q2 24
1.5%
7.4%
Q1 24
0.0%
1.1%
Cash Conversion
GENC
GENC
MPTI
MPTI
Q4 25
3.23×
0.78×
Q3 25
-0.14×
1.92×
Q2 25
-6.24×
1.83×
Q1 25
2.04×
0.99×
Q4 24
3.88×
0.85×
Q3 24
-2.22×
0.99×
Q2 24
-0.41×
1.12×
Q1 24
1.87×
1.01×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GENC
GENC

Segment breakdown not available.

MPTI
MPTI

US$11.3M79%
Non Us$2.9M21%

Related Comparisons