GCM Grosvenor Inc

GCM Grosvenor Inc

GCMG · NASDAQ · Financial Services / Asset Management

13.50USD-0.03 (-0.22%)

Price History

Full chart

Market Stats

Previous Close13.53
Open13.60
Day Range13.32 – 13.96
52-Week Range9.12 – 14.74
Volume317.78K
Market Cap772.02M
P/E (TTM)24.76
Forward P/E11.86
EPS0.51
Dividend Yield3.71%
Beta0.84
50-Day Avg13.16
200-Day Avg11.71

About

GCM 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 on hedge fund asset classes, private equity, real estate, and/or infrastructure, credit and absolute return strategies. It also focuses on primary fund investments, secondary fund investments, and co-investments with a focus on buyout, distressed debt, early venture, mid venture, late venture, turnaround, mature, mezzanine, venture capital/growth equity investments. The firm seeks to do seed investments in small, emerging growth, 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 Europe, Michigan, North Carolina, Colorado, Idaho, Montana, Oregon and Washington. The firm employs fundamental and quantitative analysis. It prefers to have majority stakes in its portfolio companies. GCM Grosvenor Inc. was founded in 1971 and is based in Chicago, Illinois with additional offices across North America, Asia, Australia and Europe. GCM Grosvenor Inc. operates as a subsidiary of Grosvenor Capital Management Holdings, LLLP.

Company Details

  • SectorFinancial Services
  • IndustryAsset Management
  • CEOMr. Michael Jay Sacks J.D.
  • Employees550
  • Headquarters900 North Michigan Avenue, Chicago, IL, United States, 60611-6558, USA
  • Websitehttps://www.gcmgrosvenor.com

Leadership

  • Mr. Michael Jay Sacks J.D.Board Chairman & CEO · b. 1963
  • Mr. Jonathan Reisin LevinPresident & Director
  • Ms. Pamela Bentley CPACFO & Office of the Chairman · b. 1972
  • Mr. Frederick Emmer Pollock J.D.Chief Investment Officer & Office of the Chairman · b. 1980
  • Ms. Kathleen Patricia Sullivan CPAChief Accounting Officer & MD of Finance in Chicago
  • Mr. Eric David LevinCTO & Office of the Chairman
  • Ms. Stacie Driebusch SelingerHead of Investor Relations & MD, Office of the Chairman
  • Mr. Burke Johnson Montgomery J.D.General Counsel & MD
  • Ms. Dawna L. DanielExecutive Director of Legal & Compliance
  • Mr. Kevin P. BuchheitHead of Strategy, Corporate Development & Office of the Chairman

Financials

Income Statement

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-377.01M378.50M416.56M434.21M538.59M452.00M436.14M503.52M550.08M
Growth (%)--+0.40%+10.06%+4.24%+24.04%-16.08%-3.51%+15.45%+9.25%
Cost of Revenue-217.57M210.41M10.34M9.82M4.02M11.57M2.70M3.32M4.42M
Gross Profit-377.01M378.50M406.22M424.39M534.57M440.43M433.44M500.20M545.65M
Gross Margin-100.00%100.00%97.52%97.74%99.25%97.44%99.38%99.34%99.20%
Operating Expense-304.48M303.37M326.50M485.17M408.38M328.63M452.72M453.29M397.95M
Operating Income-2.88K72.52M75.13M79.72M-60.77M126.19M111.80M-19.28M46.91M147.70M
Operating Margin-19.24%19.85%19.14%-14.00%23.43%24.73%-4.42%9.32%26.85%
EBITDA-2.88K109.62M103.21M98.50M-41.20M184.17M125.59M-3.93M67.16M174.66M
EBITDA Margin-29.08%27.27%23.65%-9.49%34.19%27.78%-0.90%13.34%31.75%
Net Income-2.88K74.34M63.69M60.00M4.05M21.48M19.82M12.77M18.70M45.37M
Net Income Margin-19.72%16.83%14.40%0.93%3.99%4.38%2.93%3.71%8.25%
R&D-0.20.170.150.180.280.20.05--
R&D as % of Total Revenue-0.00%0.00%0.00%0.00%0.00%0.00%0.00%--
Interest Expense-23.41M26.47M25.85M27.68M27.09M28.78M14.88M13.67M15.30M
Interest Expense % of Total Revenue-6.21%6.99%6.20%6.37%5.03%6.37%3.41%2.72%2.78%

Balance Sheet

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets37.93K-371.60M373.16M631.89M581.62M488.93M504.94M612.73M813.76M
Total Liabilities719-572.70M586.99M556.17M637.42M582.94M616.17M703.07M686.33M
Total Equity98.39K--326.77M-315.29M75.72M-55.80M-19.82M-27.63M-27.62M26.99M
Cash45.89K-68.10M79.87M198.15M96.19M85.16M44.35M89.45M242.12M
Total Debt--432.23M448.50M335.15M390.52M403.15M426.21M485.92M480.23M
Net Debt-45.89K-364.13M368.63M137.01M294.33M317.98M381.85M396.46M238.11M

Cash Flow

Currency: USD2017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow126.65M117.03M96.19M68.17M178.80M216.51M92.06M148.77M183.54M
Investing Cash Flow5.92M7.96M6.13M-5.53M-28.11M-10.07M-18.84M-31.83M-120.50M
Financing Cash Flow-155.14M-153.77M-90.87M54.76M-251.27M-215.07M-113.66M-70.38M89.13M
Capital Expenditure1.24M868.00K4.00M1.31M577.00K782.00K3.76M16.73M8.50M
Free Cash Flow125.41M116.16M92.20M66.86M178.23M215.73M88.30M132.04M175.04M
Dividends Paid170.18M82.25M69.62M153.67M14.53M18.43M20.32M20.55M25.34M
FCF to OCF99.02%99.26%95.85%98.08%99.68%99.64%95.91%88.76%95.37%
Dividend Paid to FCF135.71%70.80%75.52%229.83%8.15%8.54%23.01%15.56%14.48%

Earnings

Report DateJan 19, 2018Sep 18, 2018Dec 4, 2018Mar 29, 2019May 15, 2019Aug 14, 2019Nov 14, 2019Mar 6, 2020May 11, 2020Sep 2, 2020Nov 19, 2020Feb 25, 2021May 13, 2021Aug 12, 2021Nov 10, 2021Feb 15, 2022May 10, 2022Aug 9, 2022Nov 9, 2022Feb 14, 2023May 10, 2023Aug 9, 2023Nov 8, 2023Feb 13, 2024May 7, 2024Aug 8, 2024Nov 8, 2024Feb 10, 2025May 7, 2025Aug 7, 2025Nov 5, 2025Feb 10, 2026May 7, 2026Aug 10, 2026Nov 4, 2026
EPS Estimate0.000.000.000.00-----0.100.140.160.080.100.120.250.130.130.110.130.110.110.140.180.140.140.160.230.180.130.160.240.180.150.18
EPS Actual0.000.010.010.010.030.030.050.020.01-0.010.140.250.100.100.130.300.080.120.140.120.100.120.150.170.140.150.160.270.180.140.170.310.180.15-
Surprise----------110.00%0.00%56.25%25.00%0.00%8.33%20.00%-38.46%-7.69%27.27%-7.69%-9.09%9.09%7.14%-5.56%0.00%7.14%0.00%17.39%0.00%7.69%6.25%29.17%0.00%0.00%-
Timing----------Pre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-market-

Key Statistics & Ratios

Market Cap772.02M
Enterprise Value1.06B
Trailing P/E24.76
Forward P/E11.86
Price / Sales1.36
Price / Book31.19
EPS0.51
Book Value0.415
Revenue (TTM)566.90M
Gross Profit (TTM)258.12M
EBITDA159.06M
Profit Margin7.85%
Operating Margin26.58%
Return on Equity30.04%
Return on Assets14.73%
Shares Outstanding61.13M
Shares Float59.40M
Beta0.84
Dividend Yield3.71%
Dividend Rate0.48
Payout Ratio59.26%

Analyst Ratings

Buy
Based on 5 analystsTarget 15.50
  • Strong Buy
    2
  • Buy
    1
  • Hold
    2

Ownership Breakdown

Institutions
100.61%
Insiders
2.95%
Retail / Other
0.00%

Top Institutional Holders

  • CANTOR FITZGERALD, L. P.
    6.45M10.55%
  • Ameriprise Financial Inc
    5.28M8.63%
  • BlackRock Inc
    4.51M7.38%
  • Ariel Investments, LLC
    4.42M7.22%
  • Sumitomo Mitsui Trust Group Inc
    3.75M6.14%
  • Vanguard Capital Management, LLC
    2.66M4.35%
  • Vanguard Portfolio Management, LLC
    2.63M4.30%
  • BAMCO Inc
    2.20M3.60%
  • The Goldman Sachs Group Inc
    1.79M2.93%
  • Royce & Associates, LP
    1.78M2.91%
  • State Street Corp
    1.64M2.69%
  • Massachusetts Financial Services Company
    1.51M2.47%
  • Geode Capital Management, LLC
    1.51M2.47%
  • Two Sigma Investments LLC
    1.36M2.23%

Top Fund Holders

  • Columbia Acorn Inst
    3.57M5.84%
  • Baron Small Cap Retail
    2.20M3.60%
  • Ariel Fund Investor
    2.07M3.39%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.84M3.00%
  • iShares Russell 2000 ETF
    1.58M2.59%
  • Vanguard Small Cap Index
    1.32M2.16%

Dividends

20263×
0.12Sep 1, 20260.12Jun 5, 20260.12Mar 2, 2026
20254×
0.12Dec 1, 20250.11Sep 2, 20250.11Jun 6, 20250.11Mar 3, 2025
20244×
0.11Dec 2, 20240.11Sep 3, 20240.11Jun 3, 20240.11Feb 29, 2024
20234×
0.11Nov 30, 20230.11Aug 31, 20230.11May 31, 20230.11Feb 28, 2023
20224×
0.11Nov 30, 20220.10Aug 31, 20220.10May 31, 20220.10Feb 28, 2022
20214×
0.10Nov 30, 20210.09Aug 31, 20210.08May 28, 20210.06Feb 26, 2021