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GCM Grosvenor Inc. (GCMG) 10-Year Financial Performance & Capital Metrics

GCMG • • Banking & Credit
Financial ServicesAsset ManagementAlternative Asset ManagementPrivate Equity & Real Asset Managers
AboutGCM 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 in hedge fund asset classes, private equity, real estate, and/or infrastructure, credit and absolute return strategies. It also focuses in primary fund investments, secondary fund investments, and co-investments with a focus on buyout, distressed debt, mezzanine, venture capital/growth equity investments. The firm seeks to do seed investments in small, emerging, 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 Ohio and the Midwest region. The firm employs fundamental and quantitative analysis. GCM Grosvenor Inc. was founded in 1971 and is based in Chicago, Illinois with additional offices in North America, Asia, Australia and Europe.Show more
  • Net Interest Income $16M +165.7%
  • Total Revenue $523M +15.8%
  • Net Income $19M +46.4%
  • Return on Equity -
  • Net Interest Margin 2.54% +154.1%
  • Efficiency Ratio 30.93% +29.7%
  • ROA 3.35% +30.1%
  • Equity / Assets -14.74% +33.1%
  • Book Value per Share -0.47 +20.1%
  • Tangible BV/Share -0.63 +16.9%
  • Debt/Equity -
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓Efficient operations: 30.9% efficiency ratio
  • ✓Diversified revenue: 97.0% from non-interest income

✗Weaknesses

  • ✗Thin capital base
  • ✗Dividend payout exceeds 100% of earnings

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y4.68%
3Y-3.22%
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y-4.53%
TTM137.2%

EPS CAGR

10Y-
5Y-53.03%
3Y-58.79%
TTM529.68%

ROCE

10Y Avg13.61%
5Y Avg7.99%
3Y Avg9.74%
Latest14.8%

Peer Comparison

Private Equity & Real Asset Managers
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Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
TPGTPG Inc.9.85B67.271044.5741.37%0.9%6.69%5.11%0.44
GCMGGCM Grosvenor Inc.2.18B11.68340.5215.82%3.57%8.9%6.05%
BNBrookfield Corporation106.23B47.33228.98-10.34%0.75%0.61%1.42
BXBlackstone Inc.118.75B160.8144.4252.91%24.41%13.59%2.88%0.63
BAMBrookfield Asset Management Ltd.83.91B52.0440.66-2.02%54.47%22.06%2.21%0.07
KKRKKR & Co. Inc.117.05B131.3240.0451.09%14.22%4.36%5.56%0.82
PAXPatria Investments Limited1.13B17.4337.0914.22%19.21%17.64%12.14%0.51
HLNEHamilton Lane Incorporated6.76B153.8428.4428.73%30.49%19.91%4.6%0.40

Profit & Loss

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Net Interest Income+-26.47M-25.68M10.74M32.41M-23.31M-23.75M15.59M
NII Growth %-0.03%1.42%2.02%-1.72%-0.02%1.66%
Net Interest Margin %-------
Interest Income0010.74M52.49M0015.59M
Interest Expense26.47M25.68M020.08M23.31M23.75M0
Loan Loss Provision183.95M217.29M388.46M313.75M254M332.3M288.08M
Non-Interest Income+389.62M416.4M422.39M525.07M452.52M451.99M507.88M
Non-Interest Income %-------
Total Revenue+389.62M416.4M433.14M577.56M452.52M451.99M523.47M
Revenue Growth %-0.07%0.04%0.33%-0.22%-0%0.16%
Non-Interest Expense104.08M88.47M87.79M134.32M94.89M107.79M161.92M
Efficiency Ratio-------
Operating Income+75.13M84.97M-43.12M109.4M80.31M-11.85M73.48M
Operating Margin %-------
Operating Income Growth %-0.13%-1.51%3.54%-0.27%-1.15%7.2%
Pretax Income+65.08M62.32M-78.7M153.06M89.09M-21.51M50.16M
Pretax Margin %-------
Income Tax+1.4M2.32M4.51M10.99M9.61M7.69M13.56M
Effective Tax Rate %-------
Net Income+004.05M21.48M19.82M12.77M18.7M
Net Margin %-------
Net Income Growth %---4.31%-0.08%-0.36%0.46%
Net Income (Continuing)63.69M60M-83.2M142.07M79.48M-29.21M36.6M
EPS (Diluted)+1.601.500.180.490.28-0.280.03
EPS Growth %--0.06%-0.88%1.72%-0.43%-2%1.12%
EPS (Basic)1.601.500.100.490.45-1.230.42
Diluted Shares Outstanding39.91M39.91M39.98M43.77M188.57M187.43M190.59M

Balance Sheet

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+1000K1000K1000K1000K1000K1000K1000K
Cash & Due from Banks68.1M79.87M198.15M96.19M85.16M44.35M89.45M
Short Term Investments0000000
Total Investments+172.93M159.36M166.27M226.34M223.97M240.2M257.81M
Investments Growth %--0.08%0.04%0.36%-0.01%0.07%0.07%
Long-Term Investments172.93M159.36M166.27M226.34M223.97M240.2M257.81M
Accounts Receivables1000K1000K1000K1000K1000K1000K1000K
Goodwill & Intangibles+-------
Goodwill28.96M28.96M28.96M28.96M28.96M28.96M28.96M
Intangible Assets23.89M16.09M8.59M6.26M3.94M2.63M1.31M
PP&E (Net)7.44M8.87M7.87M5.41M17.1M45.93M63.83M
Other Assets31M34.99M53.02M24.86M21.16M18.62M20.79M
Total Current Assets107.38M124.76M293.42M221.26M133.48M110.3M188.87M
Total Non-Current Assets264.22M248.4M338.86M360.37M355.45M394.64M423.86M
Total Assets+371.6M373.16M632.28M581.62M488.93M504.94M612.73M
Asset Growth %-0%0.69%-0.08%-0.16%0.03%0.21%
Return on Assets (ROA)--0.01%0.04%0.04%0.03%0.03%
Accounts Payable0000000
Total Debt+432.23M448.5M335.15M390.52M403.15M426.21M485.92M
Net Debt364.13M368.63M137.01M294.33M317.98M381.85M396.46M
Long-Term Debt432.23M423.5M335.15M390.52M387.63M384.73M432.04M
Short-Term Debt025M00000
Other Liabilities44.15M121.62M190.52M177.55M115.2M127.08M155.63M
Total Current Liabilities96.31M41.87M73.67M69.36M64.59M62.89M61.53M
Total Non-Current Liabilities476.39M545.12M525.67M568.07M518.35M553.29M641.54M
Total Liabilities572.7M586.99M599.35M637.42M582.94M616.17M703.07M
Total Equity+-201.11M-213.83M32.93M-55.8M-94.01M-111.23M-90.34M
Equity Growth %--0.06%1.15%-2.69%-0.68%-0.18%0.19%
Equity / Assets (Capital Ratio)-------
Return on Equity (ROE)--0.12%----
Book Value per Share-5.04-5.360.82-1.27-0.50-0.59-0.47
Tangible BV per Share-------
Common Stock0018K18K18K18K18K
Additional Paid-in Capital002.71M1.5M01.94M5.75M
Retained Earnings-73K-308.44M-29.83M-26.22M-23.93M-32.22M-35.04M
Accumulated OCI-586K-6.85M-2.23M-1.01M4.1M2.63M1.65M
Treasury Stock0000000
Preferred Stock0000000

Cash Flow

Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+117.03M96.19M68.17M178.8M216.51M92.06M148.77M
Operating CF Growth %--0.18%-0.29%1.62%0.21%-0.57%0.62%
Net Income63.69M60M4.05M21.48M19.82M12.77M36.6M
Depreciation & Amortization11.66M10.34M9.82M4.02M7.71M2.7M3.32M
Deferred Taxes00629K5.69M5.84M2.83M7.76M
Other Non-Cash Items4.06M44.77M109.63M87.89M122.27M-41.16M86.63M
Working Capital Changes16.34M-18.91M-60.52M12.23M28.81M-11.77M-16.9M
Cash from Investing+7.96M6.13M-5.53M-28.11M-10.07M-18.84M-31.83M
Purchase of Investments-23.21M-21.5M-23.91M-40.33M-29.44M-27.64M-26.24M
Sale/Maturity of Investments1000K1000K1000K1000K1000K00
Net Investment Activity-------
Acquisitions00-18.38M-14.93M-21.93M00
Other Investing0018.38M12.79M20.14M12.56M11.14M
Cash from Financing+-153.77M-90.87M54.76M-251.27M-215.07M-113.66M-70.38M
Dividends Paid-82.25M0-153.67M-14.53M-18.43M-20.32M-20.55M
Share Repurchases00-6.75M-887K-26.39M-4.48M-12.75M
Stock Issued006.75M0000
Net Stock Activity-------
Debt Issuance (Net)-1000K1000K-1000K1000K-1000K-1000K1000K
Other Financing-44.08M-108.55M317.88M-285.67M-163.68M-84.86M-83.89M
Net Change in Cash+-28.96M11.77M118.28M-101.96M-11.02M-40.81M45.1M
Exchange Rate Effect-182K314K884K-1000K-1000K-372K-1000K
Cash at Beginning97.06M68.1M79.87M198.15M96.19M85.16M44.35M
Cash at End68.1M79.87M198.15M96.19M85.16M44.35M89.45M
Interest Paid23.59M22.67M21.46M13.78M18.41M30.02M32.27M
Income Taxes Paid1.35M1.74M3.16M4.37M8.54M3.45M5.02M
Free Cash Flow+116.16M92.2M66.86M178.23M215.73M88.3M132.04M
FCF Growth %--0.21%-0.27%1.67%0.21%-0.59%0.5%

Banking Ratios

Metric2018201920202021202220232024
Return on Equity (ROE)--12.3%----
Return on Assets (ROA)--0.81%3.54%3.7%2.57%3.35%
Net Interest Margin-7.12%-6.88%1.7%5.57%-4.77%-4.7%2.54%
Efficiency Ratio26.71%21.25%20.27%23.26%20.97%23.85%30.93%
Equity / Assets-54.12%-57.3%5.21%-9.59%-19.23%-22.03%-14.74%
Book Value / Share-5.04-5.360.82-1.27-0.5-0.59-0.47
NII Growth-2.98%141.83%201.72%-171.93%-1.85%165.65%
Dividend Payout--3795.26%67.61%93%159.08%109.92%

Revenue by Segment

20202021202220232024
Asset Management310.75M351.22M367.24M375.44M401.65M
Asset Management Growth-13.02%4.56%2.23%6.98%
Management Fees, Before Reimbursement Revenue302.34M340.84M356.4M360.89M386.95M
Management Fees, Before Reimbursement Revenue Growth-12.74%4.56%1.26%7.22%
Management Service, Incentive111.65M173.85M75.17M64.9M106.24M
Management Service, Incentive Growth-55.71%-56.76%-13.65%63.69%
Management Service, Incentive, Performance Fees52.73M51.95M2.62M15.31M55.32M
Management Service, Incentive, Performance Fees Growth--1.48%-94.95%483.80%261.28%
Management Service, Incentive, Carried Interest58.92M121.91M72.54M49.59M50.91M
Management Service, Incentive, Carried Interest Growth-106.89%-40.49%-31.64%2.67%
Expense Reimbursement8.41M10.37M10.84M14.56M14.69M
Expense Reimbursement Growth-23.39%4.52%34.27%0.95%

Frequently Asked Questions

Valuation & Price

GCM Grosvenor Inc. (GCMG) has a price-to-earnings (P/E) ratio of 340.5x. This suggests investors expect higher future growth.

Growth & Financials

GCM Grosvenor Inc. (GCMG) grew revenue by 15.8% over the past year. This is strong growth.

Yes, GCM Grosvenor Inc. (GCMG) is profitable, generating $34.0M in net income for fiscal year 2024 (3.6% net margin).

Dividend & Returns

Yes, GCM Grosvenor Inc. (GCMG) pays a dividend with a yield of 0.92%. This makes it attractive for income-focused investors.

Industry Metrics

GCM Grosvenor Inc. (GCMG) has a net interest margin (NIM) of 2.5%. NIM has been under pressure due to interest rate environment.

GCM Grosvenor Inc. (GCMG) has an efficiency ratio of 30.9%. This is excellent, indicating strong cost control.

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