NASDAQ$GCMG

Grosvenor Capital Management LP · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported fourth quarter and full year 2022 results.

GCM Grosvenor reported fourth quarter and full year results, with private markets management fees increasing 12% from 2021. The firm launched Sponsor Solutions with Elevate Strategy and raised $1.5 billion in the fourth quarter.

  • Fee-Paying Assets Under Management remained relatively flat at $58.9 billion.
  • Private Markets FPAUM increased 11% to $36.9 billion.
  • Absolute Return Strategies FPAUM decreased 14% to $22.0 billion.
  • GCM Grosvenor repurchased $5.9 million of Class A common stock during the fourth quarter.

Headline financials

Total Revenue

$99.8M

Previous: $191M-47.6%
EPS (adj)

$0.12

Previous: $0.30-60.0%
AUM

$73.7B

Previous: $72.1B+2.2%
Capital Expenditures

-$616K

Previous: $185K-433.0%
Free Cash Flow

$57.2M

Previous: $33.8M+69.1%
Net Income

$11.4M

Previous: $14.2M-19.8%
Operating Income

$13.8M

Previous: $66.8M-79.4%
Gross Profit

$36.4M

Previous: $88.8M-59.1%
Cash & Equivalents

$85.2M

Previous: $96.2M-11.5%
Total Assets

$489M

Previous: $582M-15.9%

Revenue & EPS history

GCM · Revenue · Quarterly

$99.8M

Q4 2022-47.6%vs Q4 2021
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

GCM Grosvenor's Board of Directors increased the firm's existing share repurchase plan authorization by $25 million, from $65 million to $90 million.

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 Q4 2022

Historical avgQ4 2022

+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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro