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Side-by-side financial comparison of GENCOR INDUSTRIES INC (GENC) and Ready Capital Corp (RC). Click either name above to swap in a different company.

GENCOR INDUSTRIES INC is the larger business by last-quarter revenue ($23.6M vs $13.1M, roughly 1.8× Ready Capital Corp). GENCOR INDUSTRIES INC runs the higher net margin — 14.6% vs -1772.7%, a 1787.3% gap on every dollar of revenue. On growth, GENCOR INDUSTRIES INC posted the faster year-over-year revenue change (-25.0% vs -73.8%). Over the past eight quarters, GENCOR INDUSTRIES INC's revenue compounded faster (-23.9% CAGR vs -48.0%).

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.

Ready Capital Corp is a leading US-based commercial real estate finance firm. It offers tailored lending solutions including multifamily property loans, small balance commercial real estate mortgages, construction financing, and mortgage servicing services. Its core client segments include real estate investors, small business operators, and property developers across the United States.

GENC vs RC — Head-to-Head

Bigger by revenue
GENC
GENC
1.8× larger
GENC
$23.6M
$13.1M
RC
Growing faster (revenue YoY)
GENC
GENC
+48.8% gap
GENC
-25.0%
-73.8%
RC
Higher net margin
GENC
GENC
1787.3% more per $
GENC
14.6%
-1772.7%
RC
Faster 2-yr revenue CAGR
GENC
GENC
Annualised
GENC
-23.9%
-48.0%
RC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GENC
GENC
RC
RC
Revenue
$23.6M
$13.1M
Net Profit
$3.4M
$-232.6M
Gross Margin
28.7%
Operating Margin
13.2%
-2013.3%
Net Margin
14.6%
-1772.7%
Revenue YoY
-25.0%
-73.8%
Net Profit YoY
-9.8%
26.1%
EPS (diluted)
$0.23
$-1.43

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
RC
RC
Q4 25
$23.6M
$13.1M
Q3 25
$18.8M
$85.4M
Q2 25
$27.0M
$16.9M
Q1 25
$38.2M
$40.2M
Q4 24
$31.4M
$50.1M
Q3 24
$20.9M
$107.2M
Q2 24
$25.6M
$51.0M
Q1 24
$40.7M
$48.5M
Net Profit
GENC
GENC
RC
RC
Q4 25
$3.4M
$-232.6M
Q3 25
$1.9M
$-16.7M
Q2 25
$3.8M
$-53.7M
Q1 25
$6.1M
$82.0M
Q4 24
$3.8M
$-314.8M
Q3 24
$1.5M
$-7.3M
Q2 24
$2.6M
$-34.2M
Q1 24
$6.2M
$-74.2M
Gross Margin
GENC
GENC
RC
RC
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
RC
RC
Q4 25
13.2%
-2013.3%
Q3 25
-1.2%
-31.5%
Q2 25
11.6%
-524.9%
Q1 25
17.0%
Q4 24
14.7%
-629.0%
Q3 24
5.9%
-14.8%
Q2 24
7.8%
-157.0%
Q1 24
17.4%
-217.9%
Net Margin
GENC
GENC
RC
RC
Q4 25
14.6%
-1772.7%
Q3 25
10.2%
-19.6%
Q2 25
14.2%
-317.7%
Q1 25
16.0%
203.7%
Q4 24
12.1%
-628.8%
Q3 24
6.9%
-6.8%
Q2 24
10.0%
-67.1%
Q1 24
15.3%
-152.8%
EPS (diluted)
GENC
GENC
RC
RC
Q4 25
$0.23
$-1.43
Q3 25
$0.13
$-0.13
Q2 25
$0.26
$-0.34
Q1 25
$0.42
$0.46
Q4 24
$0.26
$-1.89
Q3 24
$0.10
$-0.07
Q2 24
$0.17
$-0.23
Q1 24
$0.42
$-0.44

Balance Sheet & Financial Strength

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

Metric
GENC
GENC
RC
RC
Cash + ST InvestmentsLiquidity on hand
$147.7M
$207.8M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$215.2M
$1.5B
Total Assets
$228.9M
$7.8B
Debt / EquityLower = less leverage
0.89×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GENC
GENC
RC
RC
Q4 25
$147.7M
$207.8M
Q3 25
$136.3M
$147.5M
Q2 25
$136.0M
$162.9M
Q1 25
$143.7M
$205.9M
Q4 24
$130.1M
$143.8M
Q3 24
$115.4M
$181.3M
Q2 24
$116.6M
$226.3M
Q1 24
$117.1M
$166.0M
Total Debt
GENC
GENC
RC
RC
Q4 25
$1.4B
Q3 25
$0
$1.4B
Q2 25
$1.4B
Q1 25
$1.5B
Q4 24
$1.3B
Q3 24
$0
$1.2B
Q2 24
$1.2B
Q1 24
$1.1B
Stockholders' Equity
GENC
GENC
RC
RC
Q4 25
$215.2M
$1.5B
Q3 25
$211.8M
$1.8B
Q2 25
$209.9M
$1.8B
Q1 25
$206.1M
$1.9B
Q4 24
$200.0M
$1.8B
Q3 24
$196.1M
$2.2B
Q2 24
$194.7M
$2.3B
Q1 24
$192.1M
$2.4B
Total Assets
GENC
GENC
RC
RC
Q4 25
$228.9M
$7.8B
Q3 25
$222.6M
$8.3B
Q2 25
$220.2M
$9.3B
Q1 25
$223.9M
$10.0B
Q4 24
$218.2M
$10.1B
Q3 24
$208.1M
$11.3B
Q2 24
$201.8M
$11.8B
Q1 24
$206.0M
$12.0B
Debt / Equity
GENC
GENC
RC
RC
Q4 25
0.89×
Q3 25
0.00×
0.78×
Q2 25
0.76×
Q1 25
0.77×
Q4 24
0.73×
Q3 24
0.00×
0.54×
Q2 24
0.52×
Q1 24
0.46×

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
RC
RC
Operating Cash FlowLast quarter
$11.1M
$432.1M
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
RC
RC
Q4 25
$11.1M
$432.1M
Q3 25
$-275.0K
$434.7M
Q2 25
$-23.9M
$-100.3M
Q1 25
$12.4M
$108.5M
Q4 24
$14.8M
$274.8M
Q3 24
$-3.2M
$221.1M
Q2 24
$-1.0M
$1.1M
Q1 24
$11.7M
$23.4M
Free Cash Flow
GENC
GENC
RC
RC
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
RC
RC
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
RC
RC
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
RC
RC
Q4 25
3.23×
Q3 25
-0.14×
Q2 25
-6.24×
Q1 25
2.04×
1.32×
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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