GCM Grosvenor Inc. key statistics and ratios
In fiscal 2025, GCM Grosvenor Inc. had an operating margin of 23.9% and debt equal to 1598.4% of equity. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.
Financial ratios
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Operating margin | 19.8% | 20.4% | −10.0% | 20.6% | 18.0% | −2.7% | 14.3% | 23.9% | 27.1% |
| Net margin | 0.0% | 0.0% | 0.9% | 4.0% | 4.4% | 2.9% | 3.6% | 8.1% | 7.8% |
| Free-cash-flow margin | 30.7% | 22.1% | 15.6% | 33.5% | 48.3% | 19.8% | 25.7% | 31.4% | 32.6% |
| Return on equity | — | — | — | — | — | — | — | — | 170.1% |
| Return on assets | — | 0.0% | 0.8% | 3.5% | 3.7% | 2.6% | 3.3% | 6.4% | 6.0% |
| Asset turnover | — | 1.12 | 0.86 | 0.88 | 0.83 | 0.90 | 0.92 | 0.78 | 0.77 |
| Debt to equity | — | — | — | — | — | — | — | >999% | >999% |
| Interest cover (operating income ÷ interest) | 2.8x | 3.3x | n/m | 5.4x | 3.4x | n/m | 3.0x | 5.9x | — |
| Effective tax rate | 2.1% | 3.7% | — | 7.2% | 10.8% | — | 27.0% | 8.3% | 9.7% |
| SG&A as % of revenue | 24.6% | 21.2% | 19.7% | 16.6% | 19.9% | 22.7% | 20.3% | 18.8% | 18.8% |
| Capital spending as % of revenue | 0.2% | 1.0% | 0.3% | 0.1% | 0.2% | 0.8% | 3.3% | 1.5% | 2.1% |
| Free cash flow ÷ net income | — | — | >999% | 829.7% | >999% | 691.3% | 706.3% | 385.8% | 418.7% |
| Dividends ÷ net income | — | — | 0.0% | 67.6% | 93.0% | 159.1% | 109.9% | 55.9% | 67.5% |
| Dividends and buybacks ÷ free cash flow | — | 0.0% | 0.0% | 8.6% | 20.8% | 28.1% | 15.6% | 32.0% | 16.1% |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | 20.3% | 26.4% | 12.2% | 16.1% | 32.7% | 30.9% | 16.4% | 26.4% |
| Net margin | 3.4% | 4.6% | 0.4% | 12.9% | 7.8% | 10.7% | 4.4% | 7.1% |
| Free-cash-flow margin | 50.6% | 22.4% | 25.5% | 34.1% | 58.0% | 13.5% | 38.4% | 27.0% |
| Debt to equity | — | — | — | — | — | >999% | >999% | >999% |
| SG&A as % of revenue | 20.0% | 15.9% | 22.5% | 21.4% | 18.3% | 14.8% | 23.2% | 20.6% |
Moat
Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.
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