GCM Grosvenor Inc. (GCMG)
GCM Grosvenor Inc. is a global leader in providing alternative asset management solutions. The firm primarily caters to pooled investment vehicles, but also extends its services to various other clients, including investment companies, high net worth individuals, pension and profit sharing plans, and state or municipal government entities. The company deploys capital across both U.S. and international equity and alternative investment markets. Its investment approach encompasses a diverse range of portfolios, such as multi-strategy, credit-focused, equity-focused, macro-focused, commodity-focused, and other specialized mandates. GCM Grosvenor's strategic focus spans key alternative asset classes like hedge funds, private equity, real estate, infrastructure, credit, and absolute return strategies. Additionally, the firm actively participates in primary and secondary fund investments, as well as co-investments, with a particular emphasis on buyouts, distressed debt, mezzanine financing, and venture capital/growth equity opportunities. They are also committed to providing seed investments to small, emerging, and diverse private equity firms. Geographically, the firm targets middle-market buyout investments, specifically in Ohio and the broader Midwest region. Preferred industries for investment include aerospace and defense, advanced electronics, information technology, biosciences, and advanced materials. All investment decisions are underpinned by both fundamental and quantitative analysis. Founded in 1971, GCM Grosvenor Inc. is headquartered in Chicago, Illinois, and maintains a significant international footprint with additional offices throughout North America, Asia, Australia, and Europe.
Sector: Investment Advice
Industry: Asset Management
GCM Grosvenor Inc.
NASDAQ:GCMGFinancial Services · Asset Management
+4.34%$13.21
Prev close$12.66+1.58%Open$12.86+2.72%Now$13.21
Mkt Cap$807.48M
Float59.12M
O/S61.13M
VOL67K sh
$ Vol$878K
RVOL0.17×
Inst Own90.6%
SI2.1%
Div Yield3.59%
Dilution
Financials Summary
Revenue$550.08M
Net Income$45.37M
Total Assets$813.76M
Free Cash Flow$175.04M
Debt & Equity
Debt 95%
Equity 5%
Total Debt$480.23M
Total Equity$26.99M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in GCMG's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$813.76M
Liabilities$686.33M
Accounts Receivable$112.4M
Accounts Payable$0
Inventory$0
PP&E (Net)$69.9M
Goodwill$28.96M
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
| Revenue | $550.08M | $503.52M | $436.14M | $452M | $538.59M | $434.21M | $416.56M | $378.5M | $377.01M | $0 |
| YoY Growth | 9.2% | 15.5% | -3.5% | -16.1% | 24.0% | 4.2% | 10.1% | 0.4% | - | - |
| Cost of Revenue | $4.42M | $3.32M | $2.7M | $11.57M | $4.02M | $9.82M | $10.34M | $0 | $0 | $0 |
| Gross Profit | $545.65M | $500.2M | $433.44M | $440.43M | $534.57M | $424.39M | $406.22M | $378.5M | $377.01M | $0 |
| Gross Margin | 99.2% | 99.3% | 99.4% | 97.4% | 99.3% | 97.7% | 97.5% | 100.0% | 100.0% | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $104.78M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3K |
| Other | $293.17M | $453.29M | $452.72M | $328.63M | $408.38M | $485.17M | $326.5M | $303.37M | $304.48M | $0 |
| Total Operating Expenses | $397.95M | $453.29M | $452.72M | $328.63M | $408.38M | $485.17M | $326.5M | $303.37M | $304.48M | $3K |
| Operating Income (EBIT) | $147.7M | $46.91M | -$19.28M | $111.8M | $126.19M | -$60.77M | $79.72M | $75.13M | $72.52M | -$3K |
| Operating Margin | 26.9% | 9.3% | -4.4% | 24.7% | 23.4% | -14.0% | 19.1% | 19.8% | 19.2% | - |
| Interest Expense | $15.3M | $13.67M | $14.88M | $28.78M | $27.09M | $27.68M | $25.85M | $26.47M | $23.41M | $0 |
| Interest Income | $16.26M | $15.59M | $11.64M | $10.11M | $52.49M | $10.74M | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $7.24M | $3.25M | -$2.24M | -$22.7M | $26.87M | -$17.92M | -$17.4M | -$10.05M | $1.82M | $0 |
| Income Before Tax (EBT) | $154.94M | $50.16M | -$21.51M | $89.09M | $153.06M | -$78.7M | $62.32M | $65.08M | $72.52M | -$6K |
| Income Tax Expense | $12.9M | $13.56M | $7.69M | $9.61M | $10.99M | $4.51M | $2.32M | $1.4M | $72.52M | -$3K |
| Net Income | $45.37M | $18.7M | $12.77M | $19.82M | $21.48M | $4.05M | $0 | $0 | $74.34M | -$3K |
| Net Income Margin | 8.2% | 3.7% | 2.9% | 4.4% | 4.0% | 0.9% | - | - | 19.7% | - |
| Supplementary Data | ||||||||||
| EPS | 0.87 | 0.42 | -1.23 | 0.45 | 0.49 | 0.10 | 1.50 | 1.60 | 1.86 | -0.00 |
| Diluted EPS | 0.42 | 0.03 | -0.28 | 0.28 | 0.49 | 0.18 | 1.50 | 1.60 | 1.86 | -0.00 |
| Weighted Average OS | 52.00M | 44.74M | 43.20M | 43.87M | 43.77M | 39.98M | 39.91M | 39.91M | 39.91M | 39.91M |
| EBITDA | $174.66M | $67.16M | -$3.93M | $125.59M | $184.17M | -$41.2M | $98.5M | $103.21M | $109.62M | -$3K |
| EBITDA Margin | 31.8% | 13.3% | -0.9% | 27.8% | 34.2% | -9.5% | 23.6% | 27.3% | 29.1% | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2016-12-31 |
| Assets | |||||||||
| Current Assets | |||||||||
| Cash and Cash Equivalents | $242.12M | $89.45M | $44.35M | $85.16M | $96.19M | $198.15M | $79.87M | $68.1M | $46K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $242.12M | $89.45M | $44.35M | $85.16M | $96.19M | $198.15M | $79.87M | $68.1M | $46K |
| Accounts Receivable | $112.4M | $99.41M | $65.95M | $48.32M | $125.07M | $95.27M | $44.89M | $32.52M | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $6.76M | $98K |
| Total Current Assets | $354.52M | $188.87M | $110.3M | $133.48M | $221.26M | $293.42M | $124.76M | $107.38M | $144K |
| Long-Term Assets | |||||||||
| Property, Plant & Equipment Net | $69.9M | $63.83M | $45.93M | $17.1M | $5.41M | $7.87M | $8.87M | $7.44M | $0 |
| Goodwill | $28.96M | $28.96M | $28.96M | $28.96M | $28.96M | $28.96M | $28.96M | $28.96M | $0 |
| Intangible Assets | $0 | $1.31M | $2.63M | $3.94M | $6.26M | $8.59M | $16.09M | $23.89M | $0 |
| Long-Term Investments | $275.31M | $257.81M | $240.2M | $223.97M | $226.34M | $166.27M | $159.36M | $172.93M | $0 |
| Deferred Tax Assets | $56.71M | $51.16M | $58.3M | $60.32M | $68.54M | $74.15M | $126K | $0 | $98K |
| Other Long-Term Assets | $28.36M | $20.79M | $18.62M | $21.16M | $24.86M | $53.02M | $34.99M | $31M | -$98K |
| Total Long-Term Assets | $459.24M | $423.86M | $394.64M | $355.45M | $360.37M | $338.86M | $248.4M | $264.22M | $98K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$205K |
| Total Assets | $813.76M | $612.73M | $504.94M | $488.93M | $581.62M | $632.28M | $373.16M | $371.6M | $38K |
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $25M | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $10.11M | $9.76M | $8.79M | $8.97M | $8.48M | $10.03M | $12.44M | $0 | $0 |
| Other Current Liabilities | -$64.74M | $0 | $0 | $0 | $0 | $0 | $0 | $24.98M | $54K |
| Total Current Liabilities | $151.47M | $61.53M | $62.89M | $64.59M | $69.36M | $73.67M | $41.87M | $96.31M | $54K |
| Long-Term Liabilities | |||||||||
| Long-Term Debt | $428.44M | $432.04M | $384.73M | $387.63M | $390.52M | $335.15M | $423.5M | $432.23M | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $8.48M | $0 | $0 | $0 | $54K |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | -$8.48M | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $54.64M | $155.63M | $127.08M | $115.2M | $177.55M | $190.52M | $121.62M | $44.15M | -$46K |
| Total Long-Term Liabilities | $534.87M | $641.54M | $553.29M | $518.35M | $568.07M | $525.67M | $545.12M | $476.39M | $8K |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$61K |
| Total Liabilities | $686.33M | $703.07M | $616.17M | $582.94M | $637.42M | $599.35M | $586.99M | $572.7M | $719 |
| Stockholders' Equity | |||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $14K | $18K | $18K | $18K | $18K | $18K | $0 | $0 | $0 |
| Retained Earnings | -$16.26M | -$35.04M | -$32.22M | -$23.93M | -$26.22M | -$29.83M | -$308.44M | -$73K | $44K |
| Comprehensive Income & Other | -$770K | $1.65M | $2.63M | $4.1M | -$1.01M | -$2.23M | -$6.85M | -$586K | $44K |
| Other Stockholders' Equity | $43.24M | $7.4M | $4.57M | $4.1M | $494K | $472K | -$6.85M | -$326.7M | $54K |
| Total Equity | $26.99M | -$27.62M | -$27.63M | -$19.82M | -$25.71M | -$29.34M | -$315.29M | -$326.77M | $98K |
| Minority Interest | $100.44M | -$62.72M | -$83.59M | -$74.19M | -$30.09M | $62.27M | $101.46M | $125.67M | -$8K |
| Total Liabilities and Equity | $713.32M | $675.45M | $588.54M | $563.12M | $611.72M | $570M | $271.69M | $245.93M | $99K |
| Supplementary Data | |||||||||
| Total Debt | $480.23M | $485.92M | $426.21M | $403.15M | $390.52M | $335.15M | $448.5M | $432.23M | $0 |
| Net Debt | $238.11M | $396.46M | $381.85M | $317.98M | $294.33M | $137.01M | $368.63M | $364.13M | -$46K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
| Operating Activities | |||||||||
| Net Income | $45.37M | $36.6M | $12.77M | $19.82M | $21.48M | $4.05M | $60M | $63.69M | $53.04M |
| Depreciation & Amortization | $4.42M | $3.32M | $2.7M | $7.71M | $4.02M | $9.82M | $10.34M | $11.66M | $11.86M |
| Deferred Income Tax | $4.08M | $7.76M | $2.83M | $5.84M | $5.69M | $629K | $0 | $0 | $0 |
| Stock-Based Compensation | $46.05M | $31.37M | $126.7M | $32.06M | $47.49M | $4.56M | $0 | $21.28M | $1.38M |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | -$12.87M | -$33.51M | -$17.56M | $77.93M | -$29.38M | -$49.25M | -$5.58M | $6.08M | -$19.47M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$15.23M | $16.61M | $5.79M | -$49.12M | $41.61M | -$11.28M | -$13.34M | $10.26M | $17.12M |
| Total Working Capital Change | -$28.11M | -$16.9M | -$11.77M | $28.81M | $12.23M | -$60.52M | -$18.91M | $16.34M | -$2.36M |
| Other Non-Cash Items | $111.73M | $86.63M | -$41.16M | $122.27M | $87.89M | $109.63M | $44.77M | $4.06M | $62.73M |
| Net Cash from Operating | $183.54M | $148.77M | $92.06M | $216.51M | $178.8M | $68.17M | $96.19M | $117.03M | $126.65M |
| Investing Activities | |||||||||
| Capital Expenditures | -$8.5M | -$16.73M | -$3.76M | -$782K | -$577K | -$1.31M | -$4M | -$868K | -$1.24M |
| Acquisitions | $0 | $0 | $0 | -$21.93M | -$14.93M | -$18.38M | $0 | $0 | $0 |
| Purchases of Investments | -$131.82M | -$26.24M | -$27.64M | -$29.44M | -$40.33M | -$23.91M | -$21.5M | -$23.21M | $0 |
| Sales of Investments | $19.82M | $0 | $0 | $21.93M | $14.93M | $19.69M | $31.63M | $32.04M | $0 |
| Other Investing Activities | $0 | $11.14M | $12.56M | $20.14M | $12.79M | $18.38M | $0 | $0 | $7.16M |
| Net Cash from Investing | -$120.5M | -$31.83M | -$18.84M | -$10.07M | -$28.11M | -$5.53M | $6.13M | $7.96M | $5.92M |
| Financing Activities | |||||||||
| Debt Repaid | $4.38M | -$46.81M | $4M | $4M | -$56.74M | $116.19M | $7.33M | $27.45M | -$53.01M |
| Common Stock Issuance | $169.55M | $0 | $0 | $0 | $0 | $6.75M | $0 | $0 | $0 |
| Common Stock Repurchases | -$30.66M | -$12.75M | -$4.48M | -$26.39M | -$887K | -$6.75M | $0 | $0 | $0 |
| Dividends Paid | -$25.34M | -$20.55M | -$20.32M | -$18.43M | -$14.53M | -$153.67M | $0 | -$82.25M | -$170.18M |
| Other Financing Activities | -$20.05M | -$83.89M | -$84.86M | -$163.68M | -$285.67M | $317.88M | -$108.55M | -$44.08M | -$37.96M |
| Net Cash from Financing | $89.13M | -$70.38M | -$113.66M | -$215.07M | -$251.27M | $54.76M | -$90.87M | -$153.77M | -$155.14M |
| Forex Effect | $492K | -$1.46M | -$372K | -$2.4M | -$1.38M | $884K | $314K | -$182K | $878K |
| Net Change in Cash | $152.66M | $45.1M | -$40.81M | -$11.02M | -$101.96M | $118.28M | $11.77M | -$28.96M | -$21.69M |
| Supplementary Data | |||||||||
| Operating Cash Flow | $183.54M | $148.77M | $92.06M | $216.51M | $178.8M | $68.17M | $96.19M | $117.03M | $126.65M |
| Capital Expenditure | -$8.5M | -$16.73M | -$3.76M | -$782K | -$577K | -$1.31M | -$4M | -$868K | -$1.24M |
| Free Cash Flow | $175.04M | $132.04M | $88.3M | $215.73M | $178.23M | $66.86M | $92.2M | $116.16M | $125.41M |
| Cash at Beginning | $89.45M | $44.35M | $85.16M | $96.19M | $198.15M | $79.87M | $68.1M | $97.06M | $118.75M |
| Cash at End | $242.12M | $89.45M | $44.35M | $85.16M | $96.19M | $198.15M | $79.87M | $68.1M | $97.06M |