GCMG (GCM Grosvenor) EBIT: $195.3 Mil (TTM As of Mar. 2026)

What is GCM Grosvenor EBIT?

GCM Grosvenor GCMG +0.90% 66 EBIT is $195.3 Mil as of Mar. 2026. GuruFocus rates GCMG with a GF Score™ of 66/100 and a GF Value™ of $11.42 (Fairly Valued). The stock has 5 warning signs investors should review.

GCM Grosvenor's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $25.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $195.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GCM Grosvenor's annualized ROC % for the quarter that ended in Mar. 2026 was 16.87%. GCM Grosvenor's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 117.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GCM Grosvenor's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 17.90%.

GCM Grosvenor (NAS:GCMG) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

GCM Grosvenor's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

	ROC % (Q: Mar. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Mar. 2026 ))	/ count )
=	97.612 * ( 1 - 15.02% )	/	( (517.01	+	466.662)	/ 2 )
=	82.9506776	/	491.836
=	16.87 %

where

	Invested Capital		(Q: Dec. 2025 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	813.762	-	54.636	-	( 242.116	-	max(0, 64.744	-	354.519	+	242.116	))
=	517.01

	Invested Capital		(Q: Mar. 2026 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	688.775	-	97.207	-	( 164.392	-	max(0, 97.207	-	222.113	+	164.392	))
=	466.662

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

GCM Grosvenor's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Mar. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2025		Q: Mar. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	102.972	/	( ( (69.904 + max(33.053, 0))	+	(71.821 + max(-53.32, 0)) )	/	2 )
=	102.972	/	( ( 102.957	+	71.821 )	/	2 )
=	102.972	/	87.389
=	117.83 %

where Working Capital is:

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(97.797	+	0	+	0)	-	(54.636	+	10.108	+	0)
=	33.053

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(43.887	+	0	+	0)	-	(97.207	+	0	+	0)
=	-53.32

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

GCM Grosvenor's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	195.311	/	1091.387
	=	17.90 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

GCM Grosvenor EBIT Related Terms

GCM Grosvenor EBIT Historical Data

* Premium members only.

The historical data trend for GCM Grosvenor's EBIT can be seen below:

GCM Grosvenor EBIT Chart

GCM Grosvenor Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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173.15

112.41

2.23

74.32

177.73

GCM Grosvenor Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
EBIT	Get a 7-Day Free Trial															8.16	45.60	54.28	69.70	25.74

GCMG vs NCDL, PDT, MUJ: EBIT Comparison

For the Asset Management subindustry, GCM Grosvenor's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

GCM Grosvenor EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, GCM Grosvenor's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where GCM Grosvenor's EV-to-EBIT falls into.

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66GF Score

GCM Grosvenor Inc GCMG

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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GCM Grosvenor EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $195.3 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $195.3 Mil mean?

GCM Grosvenor (GCMG) has a EBIT of $195.3 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on GCM Grosvenor.

Is GCM Grosvenor's EBIT too high?

GCM Grosvenor's current EBIT is $195.3 Mil. Overall, GCM Grosvenor has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does GCM Grosvenor's EBIT compare to NCDL and PDT?

GCM Grosvenor's EBIT of $195.3 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good EBIT for an Asset Management company?

A good EBIT depends on the Asset Management industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high EBIT mean?

A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on GCM Grosvenor. GCM Grosvenor's current EBIT is $195.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is GCM Grosvenor stock overvalued right now?

Based on GuruFocus' analysis, GCM Grosvenor (GCMG) is currently considered Fairly Valued. The stock's GF Value™ is $11.42, compared to a current price of $12.33 — trading 8% above its estimated fair value. The current EBIT is $195.3 Mil. GCM Grosvenor's overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is EBIT calculated?

EBIT is calculated from a company's financial statements. For GCM Grosvenor (GCMG), the current EBIT is $195.3 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is GCM Grosvenor (GCMG) Overvalued in 2026?

Based on GuruFocus' analysis, GCM Grosvenor stock appears to be overvalued. The current stock price of $12.33 is trading 8% above its estimated GF Value™ of $11.42. GuruFocus considers GCM Grosvenor to be Fairly Valued.

Key valuation signals for GCMG:

EBIT: $195.3 Mil
GF Value™: $11.42 vs. price of $12.33 (8% above fair value)
GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the GCMG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

GCM Grosvenor Business Description

Industry Financial Services Asset Management

Comparable Companies NCDL PDT MUJ BHK GAIN VINP EMD NDMO DSU FAX BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT OSTO:EQT AMP

Address 900 North Michigan Avenue, Suite 1100, Chicago, IL, USA, 60611

Website https://www.gcmgrosvenor.com

GCM Grosvenor Inc is a world-wide alternative asset management firm. It invests on behalf of clients who seek allocations to alternative investments, such as private equity, infrastructure, real estate, credit, ESG, and absolute return strategies. The company invests maximum in Private Equity. The company's offerings include multi-manager portfolios as well as portfolios of direct investments and co-investments.

66GF Score

Get the complete analysis for GCMG

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.33

Price

$11.42

GF Value

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