GCM Grosvenor Inc. (GCMG)

GCM Grosvenor Inc. is global alternative asset management solutions provider. The firm primarily provides its services to pooled investment vehicles. It also provides its services to investment companies, high net worth individuals, pension and profit sharing plans and state or municipal government entities. The firm invests in equity and alternative investment markets of the United States and internationally. The firm invests in multi-strategy, credit-focused, equity-focused, macro-focused, commodity-focused, and other specialty portfolios. It focuses on hedge fund asset classes, private equity, real estate, and/or infrastructure, credit and absolute return strategies. It also focuses on primary fund investments, secondary fund investments, and co-investments with a focus on buyout, distressed debt, early venture, mid venture, late venture, turnaround, mature, mezzanine, venture capital/growth equity investments. The firm seeks to do seed investments in small, emerging growth, and diverse private equity firms. The firm seeks to make regionally-focused investments in middle-market buyout. It prefers to invest in aerospace and defense, advanced electronics, information technology, biosciences, and advanced materials. It focuses on Europe, Michigan, North Carolina, Colorado, Idaho, Montana, Oregon and Washington. The firm employs fundamental and quantitative analysis. It prefers to have majority stakes in its portfolio companies. GCM Grosvenor Inc. was founded in 1971 and is based in Chicago, Illinois with additional offices across North America, Asia, Australia and Europe. GCM Grosvenor Inc. operates as a subsidiary of Grosvenor Capital Management Holdings, LLLP.

Symbol
GCMG
Exchange
Nasdaq
Sector
Financial Services
Industry
Asset Management
Market cap
$789.57M
52 week range
9.3 - 14.87

Valuation

Share price
$12.93 (close of 2026-09-23)
P/E (TTM)
15.96x
Price to book
6.45x
Price to free cash flow
4.24x
Enterprise value
$1.06B
Book value per share
$2.00

Price performance

PeriodChange
1 day-2.71%
5 days+1.33%
1 month-5.83%
3 months+5.38%
6 months+29.82%
Year to date+14.22%
1 year+0.39%
3 years+68.58%
5 years+11.85%
All time+32.62%

Profitability and growth

Return on equity
35.60%
Return on invested capital
32.98%
Return on assets
5.58%
Gross margin
42.73%
Net margin
8.14%
EBITDA margin
24.73%
Revenue growth
8.47%
Net income growth
142.69%
Free cash flow growth
32.56%

Cash flow and balance sheet

Free cash flow yield (TTM)
23.60%
Net debt to EBITDA
1.41x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$557.57M
Cost of revenue
$319.33M
Gross profit
$238.23M
EBITDA
$137.88M
Net income
$45.37M
Earnings per share
$0.87
Shares outstanding
51.96M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$557.57M$238.23M$45.37M$0.87
2024-12-31$514.01M$177.78M$18.70M$0.42
2023-12-31$445.00M$88.95M$12.77M$0.30
2022-12-31$446.53M$169.22M$19.82M$0.45
2021-12-31$531.59M$197.75M$21.48M$0.49
2020-12-31$429.98M$41.52M$4.05M$0.10
2019-12-31$416.39M$173.43M-$0.00
2018-12-31$378.50M$168.08M-$0.00

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3142.73%8.14%35.60%32.98%
2024-12-3134.59%3.64%-20.69%19.57%
2023-12-3119.99%2.87%-11.48%-4.38%
2022-12-3137.90%4.44%-21.08%31.57%
2021-12-3137.20%4.04%-38.50%41.26%
2020-12-319.66%0.94%-4.93%-78.65%
2019-12-3141.65%0.00%0.00%53.39%
2018-12-3144.41%0.00%0.00%-

Cash and debt by year

Period endCashDebt
2025-12-31$242.12M$428.44M
2024-12-31$89.45M$432.04M
2023-12-31$44.35M$384.73M
2022-12-31$85.16M$387.63M
2021-12-31$96.19M$390.52M
2020-12-31$198.15M$335.15M
2019-12-31$79.87M$448.50M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$175.04M$45.60M
2024-12-31$132.04M$48.16M
2023-12-31$88.30M$50.67M
2022-12-31$215.73M$30.72M
2021-12-31$178.23M$44.19M
2020-12-31$66.86M-
2019-12-31$92.20M-
2018-12-31$116.16M-

Dividend history

Most recent payment
2026-09-01
Paid in the last twelve months
$0.48
Payment dateDividend per share
2026-09-01$0.12
2026-06-05$0.12
2026-03-02$0.12
2025-12-01$0.12
2025-09-02$0.11
2025-06-06$0.11
2025-03-03$0.11
2024-12-02$0.11

Investor relations

Next earnings report

Next confirmed report
2026-11-04
Consensus EPS estimate
$0.18

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-10Jun/2026$0.15
2026-05-07--
2026-02-10--
2025-11-05--
2025-08-07--
2025-05-07--
2025-02-10--
2024-11-08--

Filings and sources

Company website
gcmgrosvenor.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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