Gcm Grosvenor Financials
This page shows Gcm Grosvenor (GCMGW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
An asset-light cash generator used stable overhead to turn a revenue recovery into sharply higher profitability and liquidity.
From FY2023 to FY2025, operating margin swung from-2.7% to23.9% even as SG&A stayed in a tight band. With operating cash flow rising from$92M to$184M and capex still modest, the rebound looks like fixed-cost absorption in a low-reinvestment model rather than a business that must spend heavily to grow.
In FY2025, free cash flow of
The balance sheet changed character in FY2025: equity turned positive at
Financial Health Signals
Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →
Health score ≠ stock price. This rates the quality of Gcm Grosvenor's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Gcm Grosvenor has an operating margin of 23.9%, meaning the company retains $24 of operating profit per $100 of revenue. This results in a moderate score of 57/100, indicating healthy but not exceptional operating efficiency. This is up from 14.3% the prior year.
Gcm Grosvenor's revenue grew 8.5% year-over-year to $557.6M, a solid pace of expansion. This earns a growth score of 53/100.
Gcm Grosvenor has elevated debt relative to equity (D/E of 15.87), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.
Gcm Grosvenor converts 31.4% of revenue into free cash flow ($175.0M). This strong cash generation earns a score of 93/100.
Gcm Grosvenor earns a strong 168.1% return on equity (ROE), meaning it generates $168 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100.
Gcm Grosvenor passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 1 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Gcm Grosvenor generates $4.05 in operating cash flow ($183.5M OCF vs $45.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Gcm Grosvenor earns $5.9 in operating income for every $1 of interest expense ($133.5M vs $22.8M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Gcm Grosvenor generated $557.6M in revenue in fiscal year 2025. This represents an increase of 8.5% from the prior year.
Gcm Grosvenor's EBITDA was $137.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 79.5% from the prior year.
Gcm Grosvenor reported $45.4M in net income in fiscal year 2025. This represents an increase of 142.7% from the prior year.
Gcm Grosvenor earned $0.42 per diluted share (EPS) in fiscal year 2025. This represents an increase of 1300.0% from the prior year.
Cash & Balance Sheet
Gcm Grosvenor generated $175.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 32.6% from the prior year.
Gcm Grosvenor held $242.1M in cash against $428.4M in long-term debt as of fiscal year 2025.
Gcm Grosvenor paid $0.45 per share in dividends in fiscal year 2025. This represents an increase of 2.3% from the prior year.
Margins & Returns
Gcm Grosvenor's operating margin was 23.9% in fiscal year 2025, reflecting core business profitability. This is up 9.6 percentage points from the prior year.
Gcm Grosvenor's net profit margin was 8.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 4.5 percentage points from the prior year.
Gcm Grosvenor's ROE was 168.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.
Capital Allocation
Gcm Grosvenor spent $30.7M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.
Gcm Grosvenor invested $8.5M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 49.2% from the prior year.
GCMGW Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $124.8M-29.5% | $177.1M+31.2% | $135.0M+12.8% | $119.7M-4.9% | $125.8M-23.9% | $165.3M+34.4% | $122.9M+5.1% | $117.0M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $28.9M+10.2% | $26.3M+6.3% | $24.7M-3.3% | $25.5M-9.6% | $28.3M+7.4% | $26.3M+7.0% | $24.6M-12.6% | $28.2M |
| Operating Income | $20.5M-62.6% | $54.7M+23.8% | $44.2M+129.5% | $19.2M+25.5% | $15.3M-64.8% | $43.6M+74.5% | $25.0M+20.0% | $20.8M |
| Interest Expense | N/A | N/A | $5.6M | N/A | N/A | N/A | $5.9M | N/A |
| Income Tax | $3.1M-46.8% | $5.9M+62.5% | $3.6M+1894.1% | -$202K-105.6% | $3.6M-40.3% | $6.0M+88.6% | $3.2M-1.7% | $3.2M |
| Net Income | $5.5M-71.2% | $19.0M+80.8% | $10.5M-32.0% | $15.4M+3234.1% | $463K-93.9% | $7.6M+83.2% | $4.2M-13.4% | $4.8M |
| EPS (Diluted) | $0.06 | N/A | $0.16+220.0% | $0.05+350.0% | $-0.02 | N/A | $0.03-25.0% | $0.04 |
GCMGW Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $688.8M-15.4% | $813.8M+18.6% | $685.9M+7.7% | $636.9M+9.8% | $579.8M-5.4% | $612.7M+6.6% | $575.0M+5.7% | $543.9M |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $164.4M-32.1% | $242.1M+32.5% | $182.7M+34.0% | $136.3M+44.3% | $94.5M+5.6% | $89.5M-9.1% | $98.4M+33.2% | $73.9M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $29.0M0.0% | $29.0M0.0% | $29.0M0.0% | $29.0M0.0% | $29.0M0.0% | $29.0M0.0% | $29.0M0.0% | $29.0M |
| Total Liabilities | $566.5M-17.5% | $686.3M+0.6% | $682.1M+3.7% | $657.5M-1.8% | $669.5M-4.8% | $703.1M+2.2% | $688.1M+7.9% | $637.6M |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | $362.9M-15.3% | $428.4M-0.2% | $429.3M-0.2% | $430.2M-0.2% | $431.1M-0.2% | $432.0M-0.2% | $432.9M-0.2% | $433.8M |
| Total Equity | $25.5M-5.6% | $27.0M+465.3% | -$7.4M+39.9% | -$12.3M+56.6% | -$28.3M-2.6% | -$27.6M+13.4% | -$31.9M-11.9% | -$28.5M |
| Retained Earnings | -$19.4M-19.5% | -$16.3M+40.3% | -$27.2M+13.0% | -$31.3M+23.0% | -$40.7M-16.1% | -$35.0M+6.2% | -$37.4M-3.8% | -$36.0M |
GCMGW Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $51.7M+81.6% | $28.5M-64.3% | $79.8M+90.1% | $42.0M+26.2% | $33.3M-12.7% | $38.1M-44.8% | $69.0M+294.7% | $17.5M |
| Capital Expenditures | $3.8M-15.6% | $4.6M+194.4% | $1.5M+26.7% | $1.2M+4.4% | $1.2M+4.8% | $1.1M-83.5% | $6.7M+44.4% | $4.7M |
| Free Cash Flow | $47.9M+100.1% | $23.9M-69.4% | $78.3M+92.0% | $40.8M+27.0% | $32.1M-13.2% | $37.0M-40.6% | $62.2M+386.1% | $12.8M |
| Investing Cash Flow | -$10.5M+12.9% | -$12.0M-76.0% | -$6.8M-5.4% | -$6.5M-469.4% | -$1.1M+83.1% | -$6.7M+21.9% | -$8.6M-9.8% | -$7.8M |
| Financing Cash Flow | -$118.5M-372.9% | $43.4M+265.5% | -$26.2M-564.1% | $5.7M+120.4% | -$27.7M+28.7% | -$38.9M-4.5% | -$37.2M-262.3% | $22.9M |
| Dividends Paid | $8.6M+7.9% | $8.0M+24.9% | $6.4M+1.5% | $6.3M+8.1% | $5.8M+11.0% | $5.3M-0.1% | $5.3M-4.2% | $5.5M |
| Share Buybacks | $17.5M | N/A | N/A | N/A | $0 | $0 | $0 | $0 |
GCMGW Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 16.4%-14.5pp | 30.9%-1.8pp | 32.7%+16.6pp | 16.1%+3.9pp | 12.2%-14.2pp | 26.4%+6.1pp | 20.3%+2.5pp | 17.8% |
| Net Margin | 4.4%-6.3pp | 10.7%+2.9pp | 7.8%-5.1pp | 12.9%+12.5pp | 0.4%-4.2pp | 4.6%+1.2pp | 3.4%-0.7pp | 4.1% |
| Return on Equity | 21.4%-48.8pp | 70.3% | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | 0.8%-1.5pp | 2.3%+0.8pp | 1.5%-0.9pp | 2.4%+2.3pp | 0.1%-1.2pp | 1.2%+0.5pp | 0.7%-0.2pp | 0.9% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 14.24-1.6 | 15.87+74.0 | -58.10-23.1 | -35.01-19.8 | -15.22+0.4 | -15.64-2.1 | -13.58+1.6 | -15.22 |
| FCF Margin | 38.4%+24.9pp | 13.5%-44.5pp | 58.0%+23.9pp | 34.1%+8.6pp | 25.5%+3.1pp | 22.4%-28.2pp | 50.6%+39.7pp | 10.9% |
Frequently Asked Questions
What is Gcm Grosvenor's annual revenue?
Gcm Grosvenor (GCMGW) reported $557.6M in total revenue for fiscal year 2025. This represents a 8.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Gcm Grosvenor's revenue growing?
Gcm Grosvenor (GCMGW) revenue grew by 8.5% year-over-year, from $514.0M to $557.6M in fiscal year 2025.
Is Gcm Grosvenor profitable?
Yes, Gcm Grosvenor (GCMGW) reported a net income of $45.4M in fiscal year 2025, with a net profit margin of 8.1%.
What is Gcm Grosvenor's EBITDA?
Gcm Grosvenor (GCMGW) had EBITDA of $137.9M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Gcm Grosvenor have?
As of fiscal year 2025, Gcm Grosvenor (GCMGW) had $242.1M in cash and equivalents against $428.4M in long-term debt.
What is Gcm Grosvenor's operating margin?
Gcm Grosvenor (GCMGW) had an operating margin of 23.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Gcm Grosvenor's net profit margin?
Gcm Grosvenor (GCMGW) had a net profit margin of 8.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Gcm Grosvenor pay dividends?
Yes, Gcm Grosvenor (GCMGW) paid $0.45 per share in dividends during fiscal year 2025.
What is Gcm Grosvenor's return on equity (ROE)?
Gcm Grosvenor (GCMGW) has a return on equity of 168.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Gcm Grosvenor's free cash flow?
Gcm Grosvenor (GCMGW) generated $175.0M in free cash flow during fiscal year 2025. This represents a 32.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Gcm Grosvenor's operating cash flow?
Gcm Grosvenor (GCMGW) generated $183.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Gcm Grosvenor's total assets?
Gcm Grosvenor (GCMGW) had $813.8M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Gcm Grosvenor's capital expenditures?
Gcm Grosvenor (GCMGW) invested $8.5M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Gcm Grosvenor's debt-to-equity ratio?
Gcm Grosvenor (GCMGW) had a debt-to-equity ratio of 15.87 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Gcm Grosvenor's return on assets (ROA)?
Gcm Grosvenor (GCMGW) had a return on assets of 5.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Gcm Grosvenor's Piotroski F-Score?
Gcm Grosvenor (GCMGW) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Gcm Grosvenor's earnings high quality?
Gcm Grosvenor (GCMGW) has an earnings quality ratio of 4.05x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Gcm Grosvenor cover its interest payments?
Gcm Grosvenor (GCMGW) has an interest coverage ratio of 5.9x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Gcm Grosvenor?
Gcm Grosvenor (GCMGW) scores 51 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.