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Great Elm Capital Corp. 8.50% Notes DUE 2029(GECCI)Earnings, Financials & Key Ratios
GECCI•NASDAQ•Banking & Credit
$25.25
$353M mkt cap·Price updated May 6, 2026
AboutGreat Elm Capital Corp. is a business development company which specializes in loan and mezzanine, middle market investments. It invests in the debt instruments of middle market companies. The fund prefers to invest in media, commercial services and supplies, healthcare, telecommunication services, communications equipment. It typically makes equity investments between $3 million and $10 million in companies with revenues between $3 million and $75 million.Show more
- Net Interest Income-$18M-23.7%
- Total Revenue$31M-1.7%
- Net Income$18M+39.8%
- Return on Equity118.72%+428.9%
- Net Interest Margin-19.08%+36.9%
- Efficiency Ratio5.22%+19.7%
- ROA24.57%+184.1%
- Equity / Assets15.37%-50.6%
- Book Value per Share1.20-23.0%
- Tangible BV/Share1.20-23.0%
GECCI Key Insights
Great Elm Capital Corp. 8.50% Notes DUE 2029 (GECCI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Excellent 3Y average ROE of 55.6%
- ✓Efficient operations: 5.2% efficiency ratio
- ✓Well capitalized: 15.4% equity/assets
- ✓Diversified revenue: 100.0% from non-interest income
✗Weaknesses
- ✗Weak Piotroski F-Score: 2/9
- ✗Weak NIM of -19.1%
- ✗Shares diluted 25.6% in last year
- ✗Expensive at 21.1x book value
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
GECCI Price & Volume
Great Elm Capital Corp. 8.50% Notes DUE 2029 (GECCI) stock price & volume — 10-year historical chart
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GECCI Growth Metrics
Great Elm Capital Corp. 8.50% Notes DUE 2029 (GECCI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
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5 Years-
3 Years-
TTM-
Profit CAGR
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EPS CAGR
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Return on Capital
10 Years29.9%
5 Years29.9%
3 Years29.9%
Last Year59.79%
GECCI Recent Earnings
Great Elm Capital Corp. 8.50% Notes DUE 2029 (GECCI) EPS & revenue vs analyst estimates — last 2 quarters
●Beat EPS 1/2 qtrs (50%)●Beat Revenue 0/2 qtrs (0%)
Q2 2026Latest
Mar 2, 2026EPS
$1.84
Est $0.34
+436.0%
Revenue
$7M
Est $13M
-42.7%
Q4 2025
Nov 4, 2025EPS
$0.22
Est $0.25
-12.4%
Revenue
$8M
Est $11M
-28.4%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 2, 2026 | $1.84vs $0.34+436.0% | $7Mvs $13M-42.7% |
| Q4 2025 | Nov 4, 2025 | $0.22vs $0.25-12.4% | $8Mvs $11M-28.4% |
Based on last 2 quarters of dataView full earnings history →
GECCI Peer Comparison
Great Elm Capital Corp. 8.50% Notes DUE 2029 (GECCI) competitors in Private credit and BDC lenders — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 TPVG | 225.54M | 5.57 | 4.57 | 36.55% | 13.09% | 1.33 | ||
 CSWC | 1.44B | 24.19 | 16.46 | 7.67% | 10.32% | 1.08 | ||
 PFLT | 913.8M | 9.21 | 12.79 | 2.2% | 3.23% | 1.65 | ||
 SLRC | 761.04M | 13.95 | 8.21 | 24.76% | 7.31% | 1.15 | ||
 HRZN | 218.97M | 4.58 | 4.36 | 17.91% | 8.95% | 1.49 | ||
 GAIN | 665.43M | 16.71 | 9.39 | -12.88% | 21.89% | 0.91 | ||
 GLAD | 434.01M | 19.21 | 7.53 | 20.37% | 5.59% | 0.83 | ||
 OXSQ | 165.4M | 1.89 | -7.56 | 32.01% | -24.71% | 1.08 |
Compare GECCI vs Peers
Great Elm Capital Corp. 8.50% Notes DUE 2029 (GECCI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
GECCI Income Statement
Great Elm Capital Corp. 8.50% Notes DUE 2029 (GECCI) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|
| Net Interest Income | 18.79M | -14.88M | -18.41M |
| NII Growth % | - | -179.22% | -23.67% |
| Net Interest Margin % | 7.61% | -30.24% | -19.08% |
| Interest Income | 28.9M | 0 | 0 |
| Interest Expense | 10.12M | 14.88M | 18.41M |
| Loan Loss Provision | 0 | -13.07M | -16.38M |
| Non-Interest Income | 13.04M | 31.54M | 31.01M |
| Non-Interest Income % | 31.1% | 100% | 100% |
| Total Revenue | 41.95M▲ 0% | 31.54M▼ 24.8% | 31.01M▼ 1.7% |
| Revenue Growth % | - | -24.8% | -1.69% |
| Non-Interest Expense | 6.5M | 1.38M | 1.62M |
| Efficiency Ratio | 15.49% | 4.36% | 5.22% |
| Operating Income | 25.33M▲ 0% | 28.35M▲ 11.9% | 27.36M▼ 3.5% |
| Operating Margin % | 60.4% | 89.88% | 88.25% |
| Operating Income Growth % | - | 11.91% | -3.47% |
| Pretax Income | 25.62M▲ 0% | 12.8M▼ 50.0% | 17.9M▲ 39.8% |
| Pretax Margin % | 61.08% | 40.59% | 57.72% |
| Income Tax | 287K | 0 | 0 |
| Effective Tax Rate % | 1.12% | 0% | 0% |
| Net Income | 25.33M▲ 0% | 12.8M▼ 49.5% | 17.9M▲ 39.8% |
| Net Margin % | 60.4% | 40.59% | 57.72% |
| Net Income Growth % | - | -49.47% | 39.82% |
| Net Income (Continuing) | 25.33M | 12.8M | 17.9M |
| EPS (Diluted) | 3.33▲ 0% | 0.36▼ 89.2% | -2.57▼ 813.9% |
| EPS Growth % | - | -89.19% | -813.89% |
| EPS (Basic) | 3.33 | 0.36 | -2.57 |
| Diluted Shares Outstanding | 7.6M | 9.84M | 12.36M |
GECCI Balance Sheet
Great Elm Capital Corp. 8.50% Notes DUE 2029 (GECCI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|
| Cash & Short Term Investments | 953K | 0 | 0 |
| Cash & Due from Banks | 953K | 0 | 0 |
| Short Term Investments | 0 | 0 | 0 |
| Total Investments | 0 | 0 | 0 |
| Investments Growth % | - | - | - |
| Long-Term Investments | 0 | 0 | 0 |
| Accounts Receivables | 3.98M | 0 | 0 |
| Goodwill & Intangibles | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| PP&E (Net) | 0 | 0 | 0 |
| Other Assets | 241.89M | 0 | 0 |
| Total Current Assets | 4.94M | 0 | 0 |
| Total Non-Current Assets | 241.89M | 0 | 0 |
| Total Assets | 246.82M▲ 0% | 49.22M▼ 80.1% | 96.46M▲ 96.0% |
| Asset Growth % | - | -80.06% | 95.98% |
| Return on Assets (ROA) | 10.26% | 8.65% | 24.57% |
| Accounts Payable | 4.12M | 0 | 0 |
| Total Debt | 140.21M | 0 | 0 |
| Net Debt | 139.26M | 0 | 0 |
| Long-Term Debt | 140.21M | 0 | 0 |
| Short-Term Debt | 0 | 0 | 0 |
| Other Liabilities | 3.75M | 33.06M | 28.32M |
| Total Current Liabilities | 4.12M | 836K | 53.31M |
| Total Non-Current Liabilities | 143.97M | 33.06M | 28.32M |
| Total Liabilities | 148.09M | 33.89M | 81.64M |
| Total Equity | 98.74M▲ 0% | 15.33M▼ 84.5% | 14.82M▼ 3.3% |
| Equity Growth % | - | -84.48% | -3.28% |
| Equity / Assets (Capital Ratio) | 40% | 31.14% | 15.37% |
| Return on Equity (ROE) | 25.66% | 22.44% | 118.72% |
| Book Value per Share | 12.99 | 1.56 | 1.20 |
| Tangible BV per Share | 12.99 | 1.56 | 1.20 |
| Common Stock | 76K | 0 | 0 |
| Additional Paid-in Capital | 283.8M | 0 | 0 |
| Retained Earnings | -185.13M | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 |
GECCI Cash Flow Statement
Great Elm Capital Corp. 8.50% Notes DUE 2029 (GECCI) cash flow — operating, investing & free cash flow history
| Line item | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|
| Cash from Operations | 15.39M | -82.67M | -2.81M |
| Operating CF Growth % | - | -637.32% | 96.59% |
| Net Income | 25.33M | 12.8M | 17.9M |
| Depreciation & Amortization | 0 | 8.33M | 40.65M |
| Deferred Taxes | 0 | 0 | 0 |
| Other Non-Cash Items | -16.14M | -103.81M | -61.36M |
| Working Capital Changes | 6.2M | 0 | 0 |
| Cash from Investing | 14.77M | -133.14M | -88.52M |
| Purchase of Investments | -220.35M | -335.01M | -182.12M |
| Sale/Maturity of Investments | 235.13M | 201.88M | 93.6M |
| Net Investment Activity | 14.77M | -133.14M | -88.52M |
| Acquisitions | 0 | 0 | 0 |
| Other Investing | 0 | 0 | 0 |
| Cash from Financing | -25.32M | 81.72M | 4.65M |
| Dividends Paid | -10.64M | -637K | -682K |
| Share Repurchases | 0 | 0 | 0 |
| Stock Issued | 0 | 48.71M | 27.29M |
| Net Stock Activity | 0 | 48.71M | 27.29M |
| Debt Issuance (Net) | -1000K | 0 | 0 |
| Other Financing | 0 | 82.36M | 5.33M |
| Net Change in Cash | 366K▲ 0% | -953K▼ 360.4% | 1.83M▲ 292.4% |
| Exchange Rate Effect | -4.47M | 0 | 0 |
| Cash at Beginning | 587K | 953K | 0 |
| Cash at End | 953K | 0 | 1.83M |
| Interest Paid | 0 | 0 | 0 |
| Income Taxes Paid | 0 | 0 | 0 |
| Free Cash Flow | 15.39M▲ 0% | -82.67M▼ 637.3% | -2.81M▲ 96.6% |
| FCF Growth % | - | -637.32% | 96.59% |
GECCI Banking Ratios
Great Elm Capital Corp. 8.50% Notes DUE 2029 (GECCI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Return on Equity (ROE) | 25.66% | 22.44% | 118.72% |
| Return on Assets (ROA) | 10.26% | 8.65% | 24.57% |
| Net Interest Margin | 7.61% | -30.24% | -19.08% |
| Efficiency Ratio | 15.49% | 4.36% | 5.22% |
| Equity / Assets | 40% | 31.14% | 15.37% |
| Book Value / Share | 12.99 | 1.56 | 1.2 |
| NII Growth | - | -179.22% | -23.67% |
| Dividend Payout | - | 4.98% | - |
GECCI SEC Filings & Documents
Great Elm Capital Corp. 8.50% Notes DUE 2029 (GECCI) SEC filings — annual & quarterly reports (10-K, 10-Q)
GECCI Frequently Asked Questions
Great Elm Capital Corp. 8.50% Notes DUE 2029 (GECCI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Great Elm Capital Corp. 8.50% Notes DUE 2029 (GECCI) saw revenue decline by 1.7% over the past year.
Yes, Great Elm Capital Corp. 8.50% Notes DUE 2029 (GECCI) is profitable, generating $17.9M in net income for fiscal year 2025 (57.7% net margin).
Dividend & Returns
Yes, Great Elm Capital Corp. 8.50% Notes DUE 2029 (GECCI) pays a dividend with a yield of 0.22%. This makes it attractive for income-focused investors.
Great Elm Capital Corp. 8.50% Notes DUE 2029 (GECCI) has a return on equity (ROE) of 118.7%. This is excellent, indicating efficient use of shareholder capital.
Industry Metrics
Great Elm Capital Corp. 8.50% Notes DUE 2029 (GECCI) has a net interest margin (NIM) of -19.1%. NIM has been under pressure due to interest rate environment.
Great Elm Capital Corp. 8.50% Notes DUE 2029 (GECCI) has an efficiency ratio of 5.2%. This is excellent, indicating strong cost control.
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