← GCM Grosvenor Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total operating revenues | $378.5m |
$416.4m
+10.01%
|
$430.0m
+3.26%
|
$531.6m
+23.63%
|
$446.5m
-16.00%
|
$445.0m
-0.34%
|
$514.0m
+15.51%
|
$557.6m
+8.47%
|
$567.2m
+1.73%
|
|
| Total operating expenses | $303.4m | $331.4m | $470.8m | $422.2m | $366.2m | $456.8m | $440.5m | $424.1m | $409.2m | |
| Operating income (loss) | $75.1m |
$85.0m
+13.10%
|
($40.9m)
-148.09%
|
$109.4m
+367.77%
|
$80.3m
-26.59%
|
($11.8m)
-114.75%
|
$73.5m
+720.29%
|
$133.5m
+81.62%
|
$158.0m
+18.41%
|
|
| Interest expense | ($26.5m) | ($25.7m) | ($23.4m) | ($20.1m) | ($23.3m) | ($23.7m) | ($24.2m) | ($22.8m) | $22.0m | |
| Investment income | $17.0m | $7.5m | $10.7m | $52.5m | $10.1m | $11.6m | $15.6m | $16.3m | — | |
| Other income | ($542k) | ($4.5m) | ($9.6m) | $3.4m | $1.4m | $1.0m | $1.3m | $6.3m | — | |
| Net other income (expense) | ($10.0m) | ($22.7m) | ($22.3m) | $43.7m | $8.8m | ($9.7m) | ($23.3m) | $21.5m | — | |
| Income (loss) before income taxes | $65.1m | $62.3m | ($63.1m) | $153.1m | $89.1m | ($21.5m) | $50.2m | $154.9m | — | |
| Provision for income taxes | $1.4m | $2.3m | $4.5m | $11.0m | $9.6m | $7.7m | $13.6m | $12.9m | — | |
| Net income (loss) | $63.7m |
$60.0m
-5.79%
|
($67.6m)
-212.72%
|
$142.1m
+310.07%
|
$79.5m
-44.05%
|
($29.2m)
-136.75%
|
$36.6m
+225.33%
|
$142.0m
+288.05%
|
$50.4m
-64.53%
|
|
| Net income attributable to GCM Grosvenor Inc. | $0 | $0 | $7.5m | $21.5m | $19.8m | $12.8m | $18.7m | $45.4m | $50.4m | |
| Less: Net income attributable to noncontrolling interests in subsidiaries | $24.5m | $13.2m | $11.6m | $36.9m | $6.8m | $5.0m | $2.5m | $3.5m | — | |
| Less: Net income (loss) attributable to noncontrolling interests in GCMH | $39.2m | $46.8m | ($100.8m) | $63.8m | $52.8m | ($47.0m) | $15.4m | $93.2m | — | |
| Basic (in dollars per share) | $0.00 | $0.00 | ($1.69) | $3.25 | $1.81 | ($0.68) | $0.82 | $2.73 | — | |
| Diluted (in dollars per share) | $0.00 | $0.00 | ($0.37) | $0.75 | $0.42 | ($0.16) | $0.19 | $0.72 | — | |
| Employee compensation and benefits | $210.4m | $243.0m | $388.5m | $333.8m | $277.3m | $356.0m | $336.2m | $319.3m | — | |
| General, administrative and other | $93.0m | $88.5m | $82.4m | $88.4m | $88.9m | $100.8m | $104.3m | $104.8m | — | |
| Change in fair value of warrant liabilities | — | $0 | ($13.3m) | $7.9m | $20.6m | $1.4m | ($16.1m) | $21.7m | — |