General American Investors Company, Inc. (GAM) Revenue History
Annual and quarterly revenue from 2012 to present
GAM Revenue Over Time (2012–2024)
GAM Revenue Growth History
6 of 10 years with positive growth- FY2012 revenue growth
- N/A
- FY2013 revenue growth
- -15.2%
- FY2014 revenue growth
- +21.1%
- FY2015 revenue growth
- +164.2%
- FY2016 revenue growth
- +58.4%
- FY2017 revenue growth
- +88.8%
- FY2018 revenue growth
- -132.0%
- FY2019 revenue growth
- N/A
- FY2020 revenue growth
- -71.3%
- FY2021 revenue growth
- +21.2%
- FY2022 revenue growth
- -252.6%
- FY2023 revenue growth
- N/A
- FY2024 revenue growth
- +180.6%
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2025 | $6.3M | — |
| Q1 2025 | $6.3M | — |
| Q4 2024 | $7.5M | — |
| Q3 2024 | $7.5M | — |
| Q2 2024 | $7.3M | — |
| Q1 2024 | $41.5M | — |
| Q4 2023 | $11.3M | — |
| Q3 2023 | $29.4M | — |
Multi-year avg. share of annual revenue by fiscal quarter
GAM Revenue Analysis (2012–2024)
Current Revenue & Growth
As of June 24, 2026, General American Investors Company, Inc. (GAM) generated trailing twelve-month (TTM) revenue of $27.6 million, reflecting significant decline in growth of -14.2% year-over-year. The most recent quarter (Q2 2025) recorded $6.3 million in revenue, up 0.0% sequentially.
Historical Growth Trajectory
GAM's 5-year compound annual growth rate (CAGR) stands at -4.1%, indicating revenue contraction over this period. The 3-year CAGR of +32.6% exceeds the 5-year average, indicating an acceleration in the most recent period. General American Investors Company, Inc.'s highest annual revenue of $309.9 million was recorded in 2019.
Peer Comparison
Compared to Financial Services sector peers — including TRI (+5.4% YoY), CET, and SOR — GAM has underperformed the peer group in revenue growth. Compare GAM vs TRI →
GAM Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| GAMCurrent | $28M | -14.2% | -4.1% | 97.5% | |
 TRI | $7.5B | +5.4% | +4.6% | 26.6% | |
 CET | $87M | - | - | 305.0% | |
 SOR | $40M | - | - | 97.4% | |
 BLK | $24.2B | - | - | 29.1% | |
 IVZ | $6.4B | - | - | -10.9% |
GAM Historical Revenue Data (2012–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $251.7M | - | $251.7M | 100.0% | $245.5M | 97.5% |
| 2023 | $89.7M | - | $76.1M | 84.8% | $273.4M | 304.9% |
| 2022 | $-164,685,920 | - | $-175,407,096 | 106.5% | $-177,274,676 | 107.6% |
| 2021 | $108.0M | - | $299.4M | 277.4% | $293.6M | 272.0% |
| 2020 | $89.0M | - | $82.3M | 92.4% | $77.0M | 86.4% |
| 2019 | $309.9M | - | $298.6M | 96.3% | $296.9M | 95.8% |
| 2018 | $-59,101,198 | - | $-69,697,496 | 117.9% | $-71,704,824 | 121.3% |
| 2017 | $184.5M | - | $173.5M | 94.0% | $170.7M | 92.5% |
| 2016 | $97.7M | - | $87.0M | 89.0% | $84.4M | 86.4% |
| 2015 | $61.7M | - | $50.6M | 82.0% | $-28,409,930 | -46.1% |
| 2014 | $23.3M | - | $23.3M | 100.0% | $9.7M | 41.7% |
| 2013 | $19.3M | - | $19.3M | 100.0% | $5.2M | 27.1% |
| 2012 | $22.7M | - | $22.7M | 100.0% | $7.0M | 30.7% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
14+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
GAM — Frequently Asked Questions
Quick answers to the most common questions about buying GAM stock.
Is GAM's revenue growth accelerating or slowing?
GAM revenue is declining -14.2% year-over-year. TTM revenue fell to $28M, contrasting with the 5-year CAGR of -4.1%. The reversal reflects either macro headwinds or company-specific challenges.
What is GAM's revenue history from 2012 to 2026?
General American Investors Company, Inc. (GAM) revenue history spans 2012 to 2026. TTM revenue as of 2026 is $28M, growing at -14.2% YoY. The 5-year CAGR is -4.1%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is GAM's long-term revenue growth rate (CAGR)?
General American Investors Company, Inc.'s 5-year revenue CAGR of -4.1% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -14.2% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for GAM.
Why does GAM's quarterly revenue fluctuate?
GAM quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. General American Investors Company, Inc.'s revenue data from 2012 to 2026 shows full historical quarterly detail on this page.
How is GAM's revenue distributed by segment?
GAM reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does GAM's revenue compare to industry peers?
General American Investors Company, Inc. (GAM) with TTM revenue of $28M and -14.2% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.