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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001212526-04-000002.txt : 20040510
<SEC-HEADER>0001212526-04-000002.hdr.sgml : 20040510
<ACCEPTANCE-DATETIME>20040510134431
ACCESSION NUMBER:		0001212526-04-000002
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040507
FILED AS OF DATE:		20040510

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GENCORP INC
		CENTRAL INDEX KEY:			0000040888
		STANDARD INDUSTRIAL CLASSIFICATION:	FABRICATED RUBBER PRODUCTS, NEC [3060]
		IRS NUMBER:				340244000
		STATE OF INCORPORATION:			OH
		FISCAL YEAR END:			1130

	BUSINESS ADDRESS:	
		STREET 1:		HIGHWAY 50 & AEROJET ROAD
		CITY:			RANCHO CORDOVA
		STATE:			CA
		ZIP:			95670
		BUSINESS PHONE:		9163554000

	MAIL ADDRESS:	
		STREET 1:		HIGHWAY 50 & AEROJET ROAD
		CITY:			RANCHO CORDOVA
		STATE:			CA
		ZIP:			95670

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GENERAL TIRE & RUBBER CO
		DATE OF NAME CHANGE:	19840330

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			SCOTT GREGORY KELLAM
		CENTRAL INDEX KEY:			0001212526

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-01520
		FILM NUMBER:		04792126

	BUSINESS ADDRESS:	
		STREET 1:		C/O GENCORP INC.,
		STREET 2:		P.O. BOX 537012
		CITY:			SACRAMENTO
		STATE:			CA
		ZIP:			95853-7012
		BUSINESS PHONE:		9163518515

	MAIL ADDRESS:	
		STREET 1:		C/O GENCORP INC.,
		STREET 2:		P.O. BOX 537012
		CITY:			SACRAMENTO
		STATE:			CA
		ZIP:			95853-7012
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>c0001212526d20040510f4f.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-05-07</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0000040888</issuerCik>
        <issuerName>GENCORP INC</issuerName>
        <issuerTradingSymbol>GY</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001212526</rptOwnerCik>
            <rptOwnerName>SCOTT GREGORY KELLAM</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>HIGHWAY 50 &amp; AEROJET ROAD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>RANCHO CORDOVA</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>95670</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Sr. VP, Law; Gen Counsel &amp; Sec</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2004-05-07</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>D</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionTimeliness>
                <value></value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>28000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1447.8773</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Plan Trust</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">Restricted stock forfeited due to Mr. Scott's resignation before the vesting of these shares.</footnote>
        <footnote id="F2">This footnote explains an exempt transaction which is not reportable, yet the addition of those shares must be recognized in the total shares. In this case, shares held in the GenCorp Retirement Savings Plan Trust (&quot;Plan Trust&quot;) have been updated with 1,113.8830 shares as of May 7, 2004, per the Plan Administrator's records. The number of shares reported is calculated by dividing the dollar value of the participant's account by the closing stock price printed in the New York Stock Exchange Composite Transactions in the Wall Street Journal on the day reported above. This calculation yields only the approximate number of shares in the participant's account because the cash component in the Plan Trust (target 2%) is allocated to each participant's account on a pro rata basis, and the cash component varies based on overall activity of all participants in the Plan Trust.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Rebecca A. Bauer as Attorney-in-Fact</signatureName>
        <signatureDate>2004-05-10</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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