Price as of close on Nov 3, 2026 · Financials updated Oct 8, 2026
Basics
Sector
Financial Services
Industry
Asset Management
Country
United States
Market cap
778.7M USD
Enterprise value
990.2M USD
Full-time employees
550
Overall health
Strength:its shares are priced lower than most peers relative to what it earnspriced lower than peers for its earnings
Drawback:higher risk than most peers: more debt relative to equity (14.29× vs a peer median of 0.57×)higher risk: more debt vs equity (14.29× vs peers 0.57×)
Ranks #59 of 232 financial services companies (top 26%)
GCM Grosvenor's reported profit rose 129% since 2022, but the cash its operations generate changed −15%. When profit and cash diverge like this, it's worth understanding why (for example, customers paying more slowly or gains that aren't cash).GCM Grosvenor's reported profit rose 129% since 2022, but the cash its operations generate changed −15%. When profit and cash diverge like this, it's worth understanding why.
Much more borrowing than peers.Debt is 14.3× equity vs a peer median of 0.6×.Debt is 14.3× equity vs peers 0.6×.
Debt is 14.3× shareholders' equity, against a peer median of 0.6×, among the highest 10% of its peer group.Debt is 14.3× shareholders' equity, vs peers 0.6×, among the highest 10% of its peer group.
Operating margin at a 6-year high.24% in 2025, the best of the last 6 years.
GCM Grosvenor kept 24% of revenue as operating profit in 2025, its highest in the 6 years of filings we have.
Profits growing faster than sales. Since 2022: revenue +25%, operating profit +66%.
Since 2022, GCM Grosvenor's revenue grew 25% while operating profit grew 66%: each extra dollar of sales is adding more profit.
Why it changed since the Oct 27, 2026 close: Score 89 → 90
Peer companies moved+1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about GCM Grosvenor
Is GCM Grosvenor getting weaker?
Its latest SEC filing (Aug 10, 2026) got stronger: operating margin rose 2.2 points to 27.1%. Its overall score is unchanged at 60/100 since Oct 28, 2026.
How is GCM Grosvenor valued vs its peers?
Priced lower than most peers relative to what it earns. Valuation scores 80/100 against 432 financial services peers.EBITDA yield 15.9% vs a peer median of 6.9% (stronger than 87% of peers).EBITDA yield 15.9% vs peers 6.9% (stronger than 87% of peers).
Is GCM Grosvenor growing?
Yes, faster than most of its peers. Growth scores 64/100 against 432 financial services peers.Earnings per share growth 55.1% vs a peer median of 10.0% (stronger than 81% of peers).Earnings per share growth 55.1% vs peers 10.0% (stronger than 81% of peers).
How profitable is GCM Grosvenor?
More profitable than most of its peers. Profitability scores 90/100 against 432 financial services peers.Return on invested capital 49.4% vs a peer median of 6.3% (stronger than 94% of peers).Return on invested capital 49.4% vs peers 6.3% (stronger than 94% of peers).
How risky is GCM Grosvenor?
Higher risk relative to 432 financial services peers, judged on debt, liquidity and share-price swings.Debt / equity 14.29× vs a peer median of 0.57× (weaker than 100% of peers).Debt / equity 14.29× vs peers 0.57× (weaker than 100% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 10, 2026 · compared with the quarter ended Mar 31, 2026
Got stronger
Operating margin rose 2.2 points to 27.1%
Previous quarter
Latest quarter
Change
Revenue (12 months)
556.5M USD
571.2M USD
+2.6%
Net income (12 months)
50.4M USD
44.5M USD
−11.7%
Operating margin
24.9%
27.1%
+2.2 pts
Free cash flow (12 months)
190.8M USD
186.3M USD
−2.4%
Debt
362.9M USD
362.0M USD
−0.3%
Cash
164.4M USD
139.6M USD
−15.1%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Industry: Asset Management · 43 companies
Valuations in Asset Management are near the top of their range since 2016.
95% of months since 2016 were valued lower than now.
37% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +10% and earnings +13% (medians): prices and earnings moved broadly together.
Median price-to-sales is +31% vs the whole market, against a usual +6%.
2016Shaded: most expensive fifth of its range2026
GCM Grosvenor looks cheaper than most of its peers on our valuation measures, while the Asset Management industry as a whole is valued high by its own standards since 2016. Both can be true at once.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Operating margin
20.6%
18.0%
-2.7%
14.3%
23.9%
▲ 9.6 pts
Net margin
4.0%
4.4%
2.9%
3.6%
8.1%
▲ 4.5 pts
Return on assets (ROA)
3.7%
4.1%
2.5%
3.1%
5.6%
▲ 2.5 pts
Return on equity (ROE)
—
—
—
—
168.1%
—
Free cash flow margin
33.5%
48.3%
19.8%
25.7%
31.4%
▲ 5.7 pts
Debt to equity
—
—
—
—
15.87×
—
Interest coverage
5.45×
3.44×
-0.50×
3.04×
5.86×
▲ 93%
GCMG price history
Price history is added with the daily price update and will appear after the next one.