NASDAQ$GCMG

Grosvenor Capital Management LP · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

GCM Grosvenor reported Q3 2024 earnings, with year-to-date fundraising increasing by 34% and year-to-date GAAP net income, fee-related earnings, and adjusted net income increasing by 16%, 18%, and 24% year-over-year, respectively.

GCM Grosvenor reported its Q3 2024 earnings, highlighting significant year-to-date growth in fundraising, GAAP net income, fee-related earnings, and adjusted net income compared to the previous year.

  • GCM Grosvenor reported third quarter 2024 earnings results.
  • Year-to-date fundraising increased 34%.
  • Year-to-date GAAP net income increased 16% year-over-year.
  • The firm has approximately $80 billion in assets under management.

Headline financials

Total Revenue

$123M

Previous: $122M+1.0%
EPS (adj)

$0.16

Previous: $0.15+6.7%
Capital Expenditures

-$15.6M

Previous: -$1.32M-1085.5%
Free Cash Flow

-$11.5M

Previous: $4.58M-350.1%
Net Income

$4.16M

Previous: $5.9M-29.5%
Operating Income

$25M

Previous: $23.9M+4.6%
Gross Profit

$50K

Previous: $49K+2.0%
Cash & Equivalents

$98.4M

Previous: $55.4M+77.8%
Total Assets

$575M

Previous: $505M+13.9%

Revenue & EPS history

GCM · Revenue · Quarterly

$123M

Q3 2024+1%vs Q3 2023
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

No forward guidance was provided in the press release.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+0.6%

Avg return

Earnings day

+1.4%

Avg return

5 days after

-0.7%

Avg return

30 days after

54%

15 / 28 earnings

Positive

+14.1%

Q4 2025

Best reaction

-10.1%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+1.1%-0.8%-5.1%
Q4 2025+14.1%+21.6%+5.2%
Q3 2025+1.1%+1.8%-6.2%
Q1 2025-0.1%-0.1%-1.0%
Q4 2024+3.8%+2.1%-5.5%
Q3 2024-5.4%-4.3%+1.6%
Q2 2024-0.5%+2.4%+2.8%
Q1 2024+3.5%-1.8%+1.1%
Q4 2023-4.5%+0.0%-1.0%
Q3 2023+1.7%+1.4%+2.2%
Q2 2023+5.5%+4.9%+1.0%
Q1 2023-6.9%-9.1%-8.7%
Q4 2022-10.1%-8.1%-17.0%
Q3 2022+10.3%+9.5%+7.6%
Q2 2022+2.3%+4.6%-5.4%
Q1 2022-6.2%-5.7%-9.7%
Q4 2021+11.2%+9.4%+14.1%
Q3 2021+2.5%+2.5%-10.3%
Q2 2021+3.5%+10.0%+12.3%
Q1 2021+3.6%+7.3%-13.4%
Q4 2020-5.5%-0.2%-3.2%
Q3 2020-8.3%-9.3%+16.4%
Q2 2020+1.1%+1.6%-0.7%
Q1 2020+0.0%+0.0%+0.6%
Q4 2019+0.1%+0.2%+1.5%
Q3 2019+0.0%+0.0%+0.0%
Q2 2019-0.2%+0.2%+0.2%
Q1 2019-0.1%+0.3%+0.0%

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