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GCM Grosvenor Inc. GCMG Effective tax rates

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Other financials

Income statement

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Revenue$134.3M+12.3%
Operating income$35.5M+84.4%
Net income$9.6M-38.0%
EPS (diluted)$0.12+140%

Balance sheet

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Cash & equivalents$139.6M+2.4%
Total debt$417.3M-14.5%
Total equity$25.3M+306%
Total assets$677.0M+6.3%

Cash flow

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Operating cash flow$38.1M-9.2%
CapEx$1.9M+51.8%
Free cash flow$36.3M-11.0%

Valuation

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Market cap$820M+19.3%
Enterprise value$1.1B+5.7%
P/E18.4×-6.4×
P/S1.4×+0.1×

Profitability

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Operating margin27.1%+7.8pp
Net margin7.8%+2.6pp
FCF margin32.6%+0.4pp

Returns & leverage

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Return on equity682.1%
Debt / equity16.5×

Where this comes from

Reported directly by GCM Grosvenor Inc. in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateContinuingOperations.

The source filing: GCM Grosvenor Inc.’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 4:17 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001819796-26-000028

The Company’s effective tax rate was 10% and (1)% for the three months ended June 30, 2026 and 2025, respectively, and 12% and 8% for the six months ended June 30, 2026 and 2025, respectively. These rates were different than the statutory rate primarily due to the portion of income allocated to the noncontrolling interest holders, including profits interest expense, as well as a valuation allowance recorded against deferred tax assets and discrete tax adjustments recorded in the periods.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is GCM Grosvenor Inc.'s effective tax rates?
GCM Grosvenor Inc. (GCMG) reported effective tax rates of $0.1 in Q2 2026.
How has GCM Grosvenor Inc.'s effective tax rates changed year-over-year?
GCM Grosvenor Inc.'s effective tax rates increased by 1100.0% year-over-year, from -$0.01 to $0.1.
What is the long-term trend for GCM Grosvenor Inc.'s effective tax rates?
Over 2 years (2021 to 2023), GCM Grosvenor Inc.'s effective tax rates has grown at a 6.9% compound annual growth rate (CAGR), from $0.07 to -$0.08.
What does effective tax rates mean?
Effective tax rates

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