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GCM Grosvenor Inc. GCMG Provision-to-return adjustments

Provision-to-return adjustments at other companies

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-2.2%+11.0pp
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-$1.25M-66.7%
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-$25K+96.0%

Other financials

Income statement

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Revenue$124.8M-0.8%
Operating income$20.5M+33.6%
Net income$5.5M+1,081%
EPS (diluted)$0.06+400%

Balance sheet

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Cash & equivalents$164.4M+74.0%
Total debt$418.8M-14.2%
Total equity$25.5M+190%
Total assets$688.8M+18.8%

Cash flow

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Operating cash flow$51.7M+55.5%
CapEx$3.8M+229%
Free cash flow$47.9M+49.2%

Valuation

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Market cap$739.69M+29.3%
Enterprise value$994.15M+2.9%
P/E14.7×-18.9×
P/S1.3×+0.3×

Profitability

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Operating margin24.9%+5.2pp
Net margin9.1%+5.8pp
FCF margin34.3%+7.1pp

Returns & leverage

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Return on equity-3,556.3%
Debt / equity16.4×

Where this comes from

Reported directly by GCM Grosvenor Inc. in its filing.

Tagged under the XBRL concept gcm:EffectiveIncomeTaxRateReconciliationProvisionToReturnAdjustmentsAmount.

The official record: GCM Grosvenor Inc.’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is GCM Grosvenor Inc.'s provision-to-return adjustments?
GCM Grosvenor Inc. (GCMG) reported provision-to-return adjustments of $99.25K in Q4 2025.
How has GCM Grosvenor Inc.'s provision-to-return adjustments changed year-over-year?
GCM Grosvenor Inc.'s provision-to-return adjustments increased by 9825.0% year-over-year, from $1K to $99.25K.
What is the long-term trend for GCM Grosvenor Inc.'s provision-to-return adjustments?
Over 2 years (2023 to 2025), GCM Grosvenor Inc.'s provision-to-return adjustments has grown at a 8.7% compound annual growth rate (CAGR), from -$336K to $397K.
What does provision-to-return adjustments mean?
Reflects adjustments made to the income tax provision to reconcile the difference between estimated tax liabilities and the actual tax amounts reported on filed tax returns. It serves as a measure of the accuracy of the company's prior-period tax accounting estimates. Significant adjustments may indicate changes in tax filing positions or corrections of previous reporting errors.