Great Elm Group, Inc. key statistics and ratios

In fiscal 2026, Great Elm Group, Inc. had return on equity of -63.8%, an operating margin of -50.4%, debt equal to 89.4% of equity and a current ratio of 12.89. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Great Elm Group, Inc.: financial ratios, annual
Fiscal year	2020Jun 2020	2021Jun 2021	2022Jun 2022	2023Jun 2023	2024Jun 2024	2025Jun 2025	2026Jun 2026
Gross margin	—	—	—	—	69.0%	93.4%	52.3%
Operating margin	−3.7%	−6.1%	−12.9%	−129.4%	−43.9%	−49.0%	−50.4%
Net margin	−22.0%	−12.0%	−21.9%	320.1%	−7.8%	79.0%	−127.6%
Free-cash-flow margin	21.2%	−31.7%	43.1%	−28.0%	−87.2%	−55.2%	56.4%
Return on equity	−21.3%	−14.0%	−38.8%	57.0%	−2.2%	19.4%	−63.8%
Return on assets	−6.6%	−4.1%	−9.0%	18.2%	−1.0%	8.8%	−26.5%
Asset turnover	0.30	0.34	0.41	0.06	0.13	0.11	0.21
Current ratio	2.09	2.68	4.29	16.69	15.26	14.34	12.89
Debt to equity	35.1%	77.1%	105.0%	58.2%	55.6%	49.2%	89.4%
Interest cover (operating income ÷ interest)	n/m	n/m	n/m	n/m	n/m	n/m	n/m
Effective tax rate	—	—	—	1.4%	—	0.6%	—
SG&A as % of revenue	11.0%	9.7%	8.8%	97.9%	42.9%	39.5%	26.8%
Capital spending as % of revenue	1.2%	0.5%	0.0%	0.6%	0.0%	0.0%	0.0%
Free cash flow ÷ net income	—	—	—	−8.7%	—	−69.9%	—
Dividends and buybacks ÷ free cash flow	—	—	—	—	—	—	43.4%

US$ thousands unless shown otherwise. Fiscal quarters.

Great Elm Group, Inc.: financial ratios, quarterly
Quarter	2025 Q1Sept 2024	2025 Q2Dec 2024	2025 Q3Mar 2025	2025 Q4Jun 2025	2026 Q1Sept 2025	2026 Q2Dec 2025	2026 Q3Mar 2026	2026 Q4Jun 2026
Gross margin	84.1%	86.9%	—	—	37.4%	99.5%	—	—
Operating margin	−50.0%	−56.4%	−79.6%	−26.3%	−34.5%	−140.6%	−116.1%	−19.7%
Net margin	66.1%	33.5%	−140.1%	242.0%	−65.2%	−523.2%	−401.5%	10.1%
Free-cash-flow margin	−145.0%	−115.3%	−41.9%	38.7%	35.4%	−62.8%	170.5%	75.1%
Current ratio	32.43	30.34	16.21	14.34	16.68	10.32	13.18	12.89
SG&A as % of revenue	37.6%	37.4%	43.4%	40.0%	20.1%	65.7%	46.5%	16.1%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

2 of 3 checks passed · June 30, 2026

What it owns · $114m

Short-term assets $100mLonger-term assets $14m

What it owes, and who funded it · $114m

Short-term liabilities $8mLonger-term liabilities $65mShareholders' equity $41m

Short-term assets cover short-term liabilities $100m of assets due within a year against $8m of liabilities due within a year.
Short-term assets cover long-term liabilities $100m short-term assets against $65m of longer-dated liabilities.
More cash than debt Cash or debt not separately reported. Not assessable.
Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt Cash flow or debt not reported. Not assessable.
Operating profit covers interest at least five times over Operating income of −$14m against $4m of interest.

From Great Elm Group, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Great Elm Group, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Great Elm Group, Inc.