vs

Side-by-side financial comparison of GENCOR INDUSTRIES INC (GENC) and NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP (NEN). Click either name above to swap in a different company.

NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP is the larger business by last-quarter revenue ($23.6M vs $23.6M, roughly 1.0× GENCOR INDUSTRIES INC). GENCOR INDUSTRIES INC runs the higher net margin — 14.6% vs -677.3%, a 691.9% gap on every dollar of revenue. On growth, NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP posted the faster year-over-year revenue change (15.7% vs -25.0%). Over the past eight quarters, NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP's revenue compounded faster (8.9% 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.

New England Realty Associates Limited Partnership is a real estate investment entity that owns, operates and manages residential and commercial properties primarily across the U.S. New England region. Its core assets include multifamily apartments, mixed-use properties and small commercial spaces, serving tenants across Massachusetts, New Hampshire and adjacent states, delivering steady returns to unitholders via rental income and property value growth.

GENC vs NEN — Head-to-Head

Bigger by revenue
NEN
NEN
1.0× larger
NEN
$23.6M
$23.6M
GENC
Growing faster (revenue YoY)
NEN
NEN
+40.7% gap
NEN
15.7%
-25.0%
GENC
Higher net margin
GENC
GENC
691.9% more per $
GENC
14.6%
-677.3%
NEN
Faster 2-yr revenue CAGR
NEN
NEN
Annualised
NEN
8.9%
-23.9%
GENC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GENC
GENC
NEN
NEN
Revenue
$23.6M
$23.6M
Net Profit
$3.4M
$-1.4M
Gross Margin
28.7%
Operating Margin
13.2%
14.0%
Net Margin
14.6%
-677.3%
Revenue YoY
-25.0%
15.7%
Net Profit YoY
-9.8%
-133.0%
EPS (diluted)
$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
GENC
GENC
NEN
NEN
Q4 25
$23.6M
$23.6M
Q3 25
$18.8M
$23.7M
Q2 25
$27.0M
$21.2M
Q1 25
$38.2M
$20.7M
Q4 24
$31.4M
$20.4M
Q3 24
$20.9M
$20.2M
Q2 24
$25.6M
$20.1M
Q1 24
$40.7M
$19.9M
Net Profit
GENC
GENC
NEN
NEN
Q4 25
$3.4M
$-1.4M
Q3 25
$1.9M
$-521.8K
Q2 25
$3.8M
$4.1M
Q1 25
$6.1M
$3.8M
Q4 24
$3.8M
$4.2M
Q3 24
$1.5M
$3.9M
Q2 24
$2.6M
$4.1M
Q1 24
$6.2M
$3.5M
Gross Margin
GENC
GENC
NEN
NEN
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
NEN
NEN
Q4 25
13.2%
14.0%
Q3 25
-1.2%
20.0%
Q2 25
11.6%
33.3%
Q1 25
17.0%
30.1%
Q4 24
14.7%
32.4%
Q3 24
5.9%
32.0%
Q2 24
7.8%
32.6%
Q1 24
17.4%
28.9%
Net Margin
GENC
GENC
NEN
NEN
Q4 25
14.6%
-677.3%
Q3 25
10.2%
-2.2%
Q2 25
14.2%
19.5%
Q1 25
16.0%
18.3%
Q4 24
12.1%
20.7%
Q3 24
6.9%
19.3%
Q2 24
10.0%
20.3%
Q1 24
15.3%
17.4%
EPS (diluted)
GENC
GENC
NEN
NEN
Q4 25
$0.23
Q3 25
$0.13
Q2 25
$0.26
Q1 25
$0.42
Q4 24
$0.26
Q3 24
$0.10
Q2 24
$0.17
Q1 24
$0.42

Balance Sheet & Financial Strength

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

Metric
GENC
GENC
NEN
NEN
Cash + ST InvestmentsLiquidity on hand
$147.7M
$26.7M
Total DebtLower is stronger
$531.0M
Stockholders' EquityBook value
$215.2M
Total Assets
$228.9M
$505.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GENC
GENC
NEN
NEN
Q4 25
$147.7M
$26.7M
Q3 25
$136.3M
$13.4M
Q2 25
$136.0M
$16.7M
Q1 25
$143.7M
$30.9M
Q4 24
$130.1M
$17.6M
Q3 24
$115.4M
$15.1M
Q2 24
$116.6M
$13.5M
Q1 24
$117.1M
$28.8M
Total Debt
GENC
GENC
NEN
NEN
Q4 25
$531.0M
Q3 25
$0
$514.2M
Q2 25
$514.3M
Q1 25
$407.8M
Q4 24
$408.6M
Q3 24
$0
$409.3M
Q2 24
$410.0M
Q1 24
$410.7M
Stockholders' Equity
GENC
GENC
NEN
NEN
Q4 25
$215.2M
Q3 25
$211.8M
Q2 25
$209.9M
Q1 25
$206.1M
Q4 24
$200.0M
Q3 24
$196.1M
Q2 24
$194.7M
Q1 24
$192.1M
Total Assets
GENC
GENC
NEN
NEN
Q4 25
$228.9M
$505.3M
Q3 25
$222.6M
$492.9M
Q2 25
$220.2M
$494.8M
Q1 25
$223.9M
$385.2M
Q4 24
$218.2M
$393.5M
Q3 24
$208.1M
$387.4M
Q2 24
$201.8M
$383.7M
Q1 24
$206.0M
$381.2M
Debt / Equity
GENC
GENC
NEN
NEN
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
NEN
NEN
Operating Cash FlowLast quarter
$11.1M
$27.7M
Free Cash FlowOCF − Capex
$10.1M
FCF MarginFCF / Revenue
43.0%
Capex IntensityCapex / Revenue
4.1%
Cash ConversionOCF / Net Profit
3.23×
TTM Free Cash FlowTrailing 4 quarters
$-3.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GENC
GENC
NEN
NEN
Q4 25
$11.1M
$27.7M
Q3 25
$-275.0K
$2.3M
Q2 25
$-23.9M
$12.5M
Q1 25
$12.4M
$5.5M
Q4 24
$14.8M
$31.9M
Q3 24
$-3.2M
$8.5M
Q2 24
$-1.0M
$5.4M
Q1 24
$11.7M
$6.1M
Free Cash Flow
GENC
GENC
NEN
NEN
Q4 25
$10.1M
Q3 25
$-1.3M
Q2 25
$-24.4M
Q1 25
$12.3M
Q4 24
$14.5M
Q3 24
$-3.3M
Q2 24
$-1.4M
Q1 24
$11.7M
FCF Margin
GENC
GENC
NEN
NEN
Q4 25
43.0%
Q3 25
-6.8%
Q2 25
-90.4%
Q1 25
32.2%
Q4 24
46.1%
Q3 24
-15.8%
Q2 24
-5.6%
Q1 24
28.7%
Capex Intensity
GENC
GENC
NEN
NEN
Q4 25
4.1%
Q3 25
5.4%
Q2 25
1.8%
Q1 25
0.4%
Q4 24
1.0%
Q3 24
0.4%
Q2 24
1.5%
Q1 24
0.0%
Cash Conversion
GENC
GENC
NEN
NEN
Q4 25
3.23×
Q3 25
-0.14×
Q2 25
-6.24×
3.02×
Q1 25
2.04×
1.44×
Q4 24
3.88×
7.57×
Q3 24
-2.22×
2.17×
Q2 24
-0.41×
1.32×
Q1 24
1.87×
1.77×

Financial Flow Comparison

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

Related Comparisons