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Side-by-side financial comparison of GENCOR INDUSTRIES INC (GENC) and Alpine Income Property Trust, Inc. (PINE). Click either name above to swap in a different company.

GENCOR INDUSTRIES INC is the larger business by last-quarter revenue ($23.6M vs $18.4M, roughly 1.3× Alpine Income Property Trust, Inc.). GENCOR INDUSTRIES INC runs the higher net margin — 14.6% vs 11.9%, a 2.7% gap on every dollar of revenue. On growth, Alpine Income Property Trust, Inc. posted the faster year-over-year revenue change (29.6% vs -25.0%). Over the past eight quarters, Alpine Income Property Trust, Inc.'s revenue compounded faster (21.4% 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.

Alpine Income Property Trust, Inc. is a publicly traded real estate investment trust that owns and operates a diversified portfolio of single-tenant net lease commercial properties across the United States. Its core asset segments include essential retail, industrial, and suburban office spaces, delivering stable recurring rental revenue to support consistent returns for its shareholders.

GENC vs PINE — Head-to-Head

Bigger by revenue
GENC
GENC
1.3× larger
GENC
$23.6M
$18.4M
PINE
Growing faster (revenue YoY)
PINE
PINE
+54.5% gap
PINE
29.6%
-25.0%
GENC
Higher net margin
GENC
GENC
2.7% more per $
GENC
14.6%
11.9%
PINE
Faster 2-yr revenue CAGR
PINE
PINE
Annualised
PINE
21.4%
-23.9%
GENC

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GENC
GENC
PINE
PINE
Revenue
$23.6M
$18.4M
Net Profit
$3.4M
$2.2M
Gross Margin
28.7%
Operating Margin
13.2%
35.4%
Net Margin
14.6%
11.9%
Revenue YoY
-25.0%
29.6%
Net Profit YoY
-9.8%
285.3%
EPS (diluted)
$0.23
$0.06

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
PINE
PINE
Q1 26
$18.4M
Q4 25
$23.6M
$16.9M
Q3 25
$18.8M
$14.6M
Q2 25
$27.0M
$14.9M
Q1 25
$38.2M
$14.2M
Q4 24
$31.4M
$13.8M
Q3 24
$20.9M
$13.5M
Q2 24
$25.6M
$12.5M
Net Profit
GENC
GENC
PINE
PINE
Q1 26
$2.2M
Q4 25
$3.4M
$1.5M
Q3 25
$1.9M
$-1.3M
Q2 25
$3.8M
$-1.6M
Q1 25
$6.1M
$-1.2M
Q4 24
$3.8M
$-958.0K
Q3 24
$1.5M
$3.1M
Q2 24
$2.6M
$204.0K
Gross Margin
GENC
GENC
PINE
PINE
Q1 26
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%
Operating Margin
GENC
GENC
PINE
PINE
Q1 26
35.4%
Q4 25
13.2%
35.3%
Q3 25
-1.2%
16.6%
Q2 25
11.6%
16.8%
Q1 25
17.0%
16.0%
Q4 24
14.7%
14.3%
Q3 24
5.9%
47.9%
Q2 24
7.8%
24.0%
Net Margin
GENC
GENC
PINE
PINE
Q1 26
11.9%
Q4 25
14.6%
8.7%
Q3 25
10.2%
-9.0%
Q2 25
14.2%
-11.0%
Q1 25
16.0%
-8.3%
Q4 24
12.1%
-6.9%
Q3 24
6.9%
22.8%
Q2 24
10.0%
1.6%
EPS (diluted)
GENC
GENC
PINE
PINE
Q1 26
$0.06
Q4 25
$0.23
$0.07
Q3 25
$0.13
$-0.09
Q2 25
$0.26
$-0.12
Q1 25
$0.42
$-0.08
Q4 24
$0.26
$-0.06
Q3 24
$0.10
$0.21
Q2 24
$0.17
$0.01

Balance Sheet & Financial Strength

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

Metric
GENC
GENC
PINE
PINE
Cash + ST InvestmentsLiquidity on hand
$147.7M
$2.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$215.2M
$312.5M
Total Assets
$228.9M
$745.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GENC
GENC
PINE
PINE
Q1 26
$2.6M
Q4 25
$147.7M
$4.6M
Q3 25
$136.3M
$1.2M
Q2 25
$136.0M
$5.0M
Q1 25
$143.7M
$6.1M
Q4 24
$130.1M
$1.6M
Q3 24
$115.4M
$2.6M
Q2 24
$116.6M
$3.3M
Total Debt
GENC
GENC
PINE
PINE
Q1 26
Q4 25
$377.7M
Q3 25
$0
$358.2M
Q2 25
$352.6M
Q1 25
$356.5M
Q4 24
$301.5M
Q3 24
$0
$278.9M
Q2 24
$268.3M
Stockholders' Equity
GENC
GENC
PINE
PINE
Q1 26
$312.5M
Q4 25
$215.2M
$279.9M
Q3 25
$211.8M
$223.5M
Q2 25
$209.9M
$229.8M
Q1 25
$206.1M
$240.9M
Q4 24
$200.0M
$253.0M
Q3 24
$196.1M
$248.2M
Q2 24
$194.7M
$244.0M
Total Assets
GENC
GENC
PINE
PINE
Q1 26
$745.1M
Q4 25
$228.9M
$715.9M
Q3 25
$222.6M
$621.4M
Q2 25
$220.2M
$628.4M
Q1 25
$223.9M
$647.4M
Q4 24
$218.2M
$605.0M
Q3 24
$208.1M
$579.0M
Q2 24
$201.8M
$565.8M
Debt / Equity
GENC
GENC
PINE
PINE
Q1 26
Q4 25
1.35×
Q3 25
0.00×
1.60×
Q2 25
1.53×
Q1 25
1.48×
Q4 24
1.19×
Q3 24
0.00×
1.12×
Q2 24
1.10×

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
PINE
PINE
Operating Cash FlowLast quarter
$11.1M
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
PINE
PINE
Q1 26
Q4 25
$11.1M
$25.8M
Q3 25
$-275.0K
$8.7M
Q2 25
$-23.9M
$9.1M
Q1 25
$12.4M
$5.8M
Q4 24
$14.8M
$23.4M
Q3 24
$-3.2M
$6.2M
Q2 24
$-1.0M
$8.0M
Free Cash Flow
GENC
GENC
PINE
PINE
Q1 26
Q4 25
$10.1M
$-87.8M
Q3 25
$-1.3M
$-48.8M
Q2 25
$-24.4M
$-3.0M
Q1 25
$12.3M
$-55.5M
Q4 24
$14.5M
$-33.4M
Q3 24
$-3.3M
$-43.0M
Q2 24
$-1.4M
$-13.5M
FCF Margin
GENC
GENC
PINE
PINE
Q1 26
Q4 25
43.0%
-519.4%
Q3 25
-6.8%
-334.9%
Q2 25
-90.4%
-20.0%
Q1 25
32.2%
-391.0%
Q4 24
46.1%
-242.4%
Q3 24
-15.8%
-319.3%
Q2 24
-5.6%
-108.0%
Capex Intensity
GENC
GENC
PINE
PINE
Q1 26
Q4 25
4.1%
671.8%
Q3 25
5.4%
394.8%
Q2 25
1.8%
81.2%
Q1 25
0.4%
432.0%
Q4 24
1.0%
412.3%
Q3 24
0.4%
365.4%
Q2 24
1.5%
172.3%
Cash Conversion
GENC
GENC
PINE
PINE
Q1 26
Q4 25
3.23×
17.48×
Q3 25
-0.14×
Q2 25
-6.24×
Q1 25
2.04×
Q4 24
3.88×
Q3 24
-2.22×
2.02×
Q2 24
-0.41×
39.37×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GENC
GENC

Segment breakdown not available.

PINE
PINE

Lease Income$12.6M68%
Other$5.8M31%
Other Revenue$46.0K0%

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