General American Investors Company, Inc. (GAM) Earnings History
Annual and quarterly earnings data from 2012 to 2024
Loading earnings history...
GAM EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
GAM Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 100.0% | 97.5% | 97.5% |
| 2023 | 322.2% | 304.9% | 304.9% |
| 2022 | - | - | - |
| 2021 | 97.1% | 95.2% | 95.2% |
| 2020 | 92.4% | 86.4% | 86.4% |
Download Data
Export GAM earnings history in CSV or JSON format
Free sign-in required to download data
General American Investors Company, Inc. (GAM) Earnings Overview
As of May 8, 2026, General American Investors Company, Inc. (GAM) reported trailing twelve-month net income of $202M, reflecting -36.1% year-over-year growth. The company earned $8.67 per diluted share over the past four quarters, with a net profit margin of 97.5%.
Looking at the long-term picture, GAM's 5-year EPS compound annual growth rate (CAGR) stands at -7.9%, signaling declining earnings. The company achieved its highest annual net income of $307M in fiscal 2013.
General American Investors Company, Inc. maintains industry-leading profitability with a gross margin of 100.0%, operating margin of 97.5%, and net margin of 97.5%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including TRI ($1.53B net income, 20.1% margin), CET ($507M net income, 97.2% margin), SOR ($78M net income, 97.4% margin), GAM has outperformed on profitability metrics. Compare GAM vs TRI →
GAM Earnings vs Peers
Earnings metrics vs comparable public companies
GAM Historical Earnings Data (2012–2024)
13 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $245M | -10.2% | $245M | $10.81 | 97.5% | 97.5% |
| 2023 | $273M | +254.2% | $273M | $16.93 | 304.9% | 304.9% |
| 2022 | -$177M | -160.4% | -$177M | $-11.80 | - | - |
| 2021 | $294M | +281.5% | $294M | $16.80 | 95.2% | 95.2% |
| 2020 | $77M | -74.1% | $77M | $3.76 | 86.4% | 86.4% |
| 2019 | $297M | +514.0% | $297M | $16.29 | 95.8% | 95.8% |
| 2018 | -$72M | -142.0% | -$72M | $-2.39 | - | - |
| 2017 | $171M | +102.2% | $171M | $6.20 | 92.5% | 92.5% |
| 2016 | $84M | +397.2% | $84M | $3.42 | 86.4% | 86.4% |
| 2015 | -$28M | -139.2% | -$28M | $-1.00 | -46.1% | -46.1% |
See GAM's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs GAM Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare GAM vs BRK-A
Side-by-side business, growth, and profitability comparison vs Berkshire Hathaway Inc..
Start ComparisonGAM — Frequently Asked Questions
Quick answers to the most common questions about buying GAM stock.
Is GAM growing earnings?
GAM EPS fell to $8.67, with earnings declining -36.1%. This contrasts with the 5-year CAGR of -7.9%. TTM net income dropped to $202M.
What are GAM's profit margins?
General American Investors Company, Inc. net margin is +97.5%, with operating margin at +97.5%. Above-average margins indicate pricing power.
How consistent are GAM's earnings?
GAM earnings data spans 2012-2024. The declining earnings trend is -36.1% YoY. Historical data enables comparison across business cycles.