General American Investors Closed Fund

GAM · NYSE · Financial Services / Asset Management

65.36USD-0.20 (-0.31%)

Price History

Full chart

Market Stats

Previous Close65.56

Open65.98

Day Range64.90 – 66.14

52-Week Range55.37 – 68.57

Volume62.69K

Market Cap1.54B

P/E (TTM)4.07

Forward P/E0.00

EPS15.86

Dividend Yield0.79%

Beta0.82

50-Day Avg65.97

200-Day Avg62.73

About

General American Investors Company, Inc. is a publicly owned investment manager. The firm invests in the public equity markets of United States. It invests in growth stocks of companies. It makes investments in Information Technology, Financials, Consumer Staples, Consumer Discretionary, Retailing, Communication Services, Industrials, Health Care, Energy and Materials. The firm employs fundamental analysis with a bottom-up stock picking approach to make its investments. It conducts in-house research to make its investments. General American Investors Company, Inc. was founded in 1927 and is based in New York, New York.

Company Details

SectorFinancial Services
IndustryAsset Management
CEOMr. Jeffrey Priest
Employees0
Headquarters530 Fifth Avenue, New York, NY, United States, 10036, USA
Websitehttps://www.generalamericaninvestors.com

Leadership

Mr. Jeffrey PriestCEO, President, Portfolio Manager & Director · b. 1963
Mr. Anang K. Majmudar CFASenior Vice President · b. 1975
Mr. Liron Kronzon C.F.A.VP & Analyst · b. 1970
Ms. Samantha X. Jin C.P.A.Principal Financial Officer, Treasurer & Principal Accounting Officer · b. 1975
Mr. David Andrew BarnettGeneral Counsel & Chief Compliance Officer
Ms. Connie A. Santa MariaCorporate Secretary & Human Resources Benefits Manager · b. 1974
Mr. Craig A. GrassiVP, Analyst & Director of Information Technology · b. 1969
Dr. Sally A. Lynch Ph.D.VP & Analyst · b. 1960

Financials

Income Statement

Currency: USD	2006-12-31	2007-12-31	2008-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	159.74M	199.52M	38.81M	22.73M	19.28M	23.35M	61.68M	97.72M	184.53M	-59.10M	309.92M	89.04M	308.40M	-164.69M	89.68M	251.67M	163.88M
Growth (%)	-	+24.90%	-80.55%	-41.42%	-15.18%	+21.08%	+164.16%	+58.44%	+88.83%	-132.03%	+624.40%	-71.27%	+246.35%	-153.40%	+154.45%	+180.65%	-34.88%
Cost of Revenue	8.62M	567.80K	573.01K	-	-	0	11.11M	10.75M	11.04M	10.60M	11.32M	10.33M	12.98M	10.72M	13.60M	13.16M	13.88M
Gross Profit	151.12M	198.95M	38.24M	22.73M	19.28M	23.35M	50.57M	97.72M	184.53M	-59.10M	309.92M	89.04M	308.40M	-164.69M	76.08M	251.67M	150.00M
Gross Margin	94.61%	99.72%	98.52%	100.00%	100.00%	100.00%	81.99%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	84.84%	100.00%	91.53%
Operating Expense	3.74M	13.38M	8.37M	15.76M	14.06M	13.61M	78.98M	13.30M	13.79M	12.60M	13.05M	12.07M	14.79M	12.59M	-197.32M	6.22M	-189.84M
Operating Income	147.38M	185.57M	29.86M	6.97M	5.23M	9.74M	-28.41M	84.42M	170.73M	-71.70M	296.88M	76.97M	293.61M	-177.27M	273.40M	245.46M	339.84M
Operating Margin	92.26%	93.01%	76.94%	30.67%	27.11%	41.69%	-46.06%	86.39%	92.53%	121.33%	95.79%	86.44%	95.20%	107.64%	304.87%	97.53%	207.37%
EBITDA	-	-	-	151.70M	317.96M	83.85M	-28.41M	84.42M	170.73M	-71.70M	296.88M	76.97M	293.61M	-177.27M	273.40M	245.61M	339.93M
EBITDA Margin	-	-	-	667.25%	1648.81%	359.11%	-46.06%	86.39%	92.53%	121.33%	95.79%	86.44%	95.20%	107.64%	304.87%	97.59%	207.43%
Net Income	147.38M	114.04M	-493.90M	140.39M	306.65M	72.54M	-28.41M	84.42M	170.73M	-71.70M	296.88M	76.97M	293.61M	-177.27M	273.40M	245.46M	339.84M
Net Income Margin	92.26%	57.15%	-1272.65%	617.50%	1590.15%	310.66%	-46.06%	86.39%	92.53%	121.33%	95.79%	86.44%	95.20%	107.64%	304.88%	97.53%	207.37%
R&D	9.31M	9.31M	3.87M	-	-	-	-	0.75	1.5	0.9	7.53M	6.77M	8.99M	7.12M	9.38M	8.89M	-
R&D as % of Total Revenue	5.83%	4.67%	9.97%	-	-	-	-	0.00%	0.00%	-0.00%	2.43%	7.61%	2.92%	-4.33%	10.46%	3.53%	-
Interest Expense	0	0	0	-	-	0	0	0	0	0	0	0	0	-	-	-	-
Interest Expense % of Total Revenue	0.00%	0.00%	0.00%	-	-	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-	-	-	-

Balance Sheet

Currency: USD	2006-12-31	2007-12-31	2008-12-31	2010-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	1.42B	1.42B	883.95M	-	1.17B	1.43B	1.44B	1.28B	1.23B	1.28B	1.11B	1.29B	1.31B	1.50B	1.25B	1.44B	1.56B	1.77B
Total Liabilities	25.44M	16.52M	9.73M	-	22.52M	6.92M	10.91M	19.68M	15.37M	15.83M	21.36M	23.11M	28.83M	23.90M	211.30M	21.32M	18.59M	17.21M
Total Equity	1.40B	1.40B	874.22M	-	1.15B	1.42B	1.42B	1.26B	1.21B	1.26B	1.09B	1.27B	1.28B	1.47B	1.23B	1.42B	1.55B	1.76B
Cash	34.23K	3.71M	-	-	-	-	892	3.85M	14.77M	14.78M	3.44M	-5.01M	-4.53M	-4.03M	182.25K	117.47K	69.60K	415.09K
Total Debt	-	-	-	-	-	-	-	-	597.68K	1.05M	5.48M	5.01M	4.53M	4.03M	3.52M	2.98M	2.40M	1.80M
Net Debt	-	-	-	-	-	-	-892	-3.85M	-14.17M	-13.73M	2.04M	10.02M	4.53M	8.06M	3.34M	2.87M	2.33M	1.39M

Cash Flow

Currency: USD	2006-12-31	2007-12-31	2008-12-31	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	135.48M	102.14M	-493.90M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financing Cash Flow	-68.97M	-98.67M	-34.43M	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Expenditure	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Dividends Paid	89.28M	165.75M	32.54M	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Earnings

Report Date	Dec 31, 2010	Mar 31, 2011	Jun 30, 2011	Sep 30, 2011	Dec 31, 2011	Mar 31, 2012	Jun 30, 2012	Sep 30, 2012	Dec 31, 2012	Mar 31, 2013	Jun 30, 2013	Sep 30, 2013	Dec 31, 2013	Mar 31, 2014	Jun 30, 2014	Sep 30, 2014	Dec 31, 2014	Mar 31, 2015	Jun 30, 2015	Sep 30, 2015	Dec 31, 2015	Feb 5, 2016	Jun 30, 2016	Sep 30, 2016	Dec 31, 2016	Mar 31, 2017	Jun 30, 2017	Sep 30, 2017	Dec 31, 2017	Mar 31, 2018	Jun 30, 2018	Sep 30, 2018	Dec 31, 2018	Mar 31, 2019	Jun 30, 2019	Sep 30, 2019	Dec 31, 2019	Mar 31, 2020	Jun 30, 2020	Sep 30, 2020	Dec 31, 2020	Mar 31, 2021	Jun 30, 2021	Sep 30, 2021	Feb 14, 2025	Aug 1, 2025
EPS Estimate	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EPS Actual	2.90	1.75	-0.42	-6.05	3.71	4.03	-2.02	1.90	0.91	3.47	0.85	3.12	2.93	0.04	2.25	-0.16	0.31	0.49	0.24	-3.44	1.32	-0.00	0.15	1.88	0.67	2.54	0.54	1.74	1.14	-0.29	1.00	3.01	-6.86	5.14	2.53	-0.06	3.75	-10.71	5.48	2.62	5.28	2.73	4.17	-0.23	1.94	6.22
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap1.54B

Enterprise Value1.72B

Trailing P/E4.07

Forward P/E0.00

PEG Ratio0.00

Price / Sales62.93

Price / Book0.89

EPS15.86

Book Value73.08

Revenue (TTM)24.42M

Gross Profit (TTM)24.42M

EBITDA8.63M

Profit Margin1542.35%

Operating Margin44.68%

Return on Equity20.92%

Return on Assets0.28%

Shares Outstanding23.83M

Shares Float21.20M

Beta0.82

Dividend Yield0.79%

Dividend Rate0.45

Payout Ratio0.00%

Dividends

20252×

6.40Nov 17, 20250.25Feb 24, 2025

20241×

4.50Nov 18, 2024

20231×

2.65Nov 10, 2023

20223×

1.87Nov 11, 20221.00Nov 10, 20220.50Feb 4, 2022

20212×

3.05Nov 12, 20210.25Feb 5, 2021

20201×

0.23Nov 13, 2020

20191×

0.37Nov 15, 2019

20182×

2.25Nov 16, 20180.50Feb 2, 2018

20172×

0.48Nov 10, 20170.20Jan 26, 2017

20162×

3.08Nov 9, 20160.10Jan 28, 2016

20151×

0.34Nov 12, 2015

20141×

3.50Nov 13, 2014

20131×

2.10Nov 14, 2013

20122×

0.07Dec 20, 20121.40Nov 15, 2012

20111×

0.50Nov 9, 2011

20101×

0.43Nov 9, 2010