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Side-by-side financial comparison of ASTRONICS CORP (ATRO) and GCM Grosvenor Inc. (GCMG). Click either name above to swap in a different company.
ASTRONICS CORP is the larger business by last-quarter revenue ($240.1M vs $177.1M, roughly 1.4× GCM Grosvenor Inc.). On growth, ASTRONICS CORP posted the faster year-over-year revenue change (15.1% vs 7.2%). GCM Grosvenor Inc. produced more free cash flow last quarter ($175.0M vs $15.8M). Over the past eight quarters, GCM Grosvenor Inc.'s revenue compounded faster (27.5% CAGR vs 13.9%).
Astronics Corporation is an American aerospace electronics corporation founded in 1968, headquartered in East Aurora, New York. It is traded on NASDAQ as Nasdaq: ATRO. It is known for lighting and electronics integrations on military, commercial, and business aircraft and semiconductor test systems.
GCM Grosvenor is an American alternative asset management firm, with approximately $76 billion in assets under management and approximately 530 professionals as of 2023.
ATRO vs GCMG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $240.1M | $177.1M |
| Net Profit | — | $58.2M |
| Gross Margin | 33.3% | — |
| Operating Margin | 14.8% | 30.9% |
| Net Margin | — | 32.8% |
| Revenue YoY | 15.1% | 7.2% |
| Net Profit YoY | — | 149.2% |
| EPS (diluted) | $0.82 | $0.23 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $240.1M | $177.1M | ||
| Q3 25 | $211.4M | $135.0M | ||
| Q2 25 | $204.7M | $119.7M | ||
| Q1 25 | $205.9M | $125.8M | ||
| Q4 24 | $208.5M | $165.3M | ||
| Q3 24 | $203.7M | $122.9M | ||
| Q2 24 | $198.1M | $117.0M | ||
| Q1 24 | $185.1M | $108.9M |
| Q4 25 | — | $58.2M | ||
| Q3 25 | $-11.1M | $10.5M | ||
| Q2 25 | $1.3M | $15.4M | ||
| Q1 25 | $9.5M | $463.0K | ||
| Q4 24 | — | $7.6M | ||
| Q3 24 | $-11.7M | $4.2M | ||
| Q2 24 | $1.5M | $4.8M | ||
| Q1 24 | $-3.2M | $2.1M |
| Q4 25 | 33.3% | — | ||
| Q3 25 | 30.5% | — | ||
| Q2 25 | 25.8% | — | ||
| Q1 25 | 29.5% | — | ||
| Q4 24 | 29.8% | — | ||
| Q3 24 | 27.1% | — | ||
| Q2 24 | 28.0% | — | ||
| Q1 24 | 25.7% | — |
| Q4 25 | 14.8% | 30.9% | ||
| Q3 25 | 10.9% | 32.7% | ||
| Q2 25 | 2.3% | 16.1% | ||
| Q1 25 | 6.4% | 12.2% | ||
| Q4 24 | 4.3% | 26.4% | ||
| Q3 24 | 4.1% | 20.3% | ||
| Q2 24 | 3.8% | 17.8% | ||
| Q1 24 | 0.9% | -14.7% |
| Q4 25 | — | 32.8% | ||
| Q3 25 | -5.2% | 7.8% | ||
| Q2 25 | 0.6% | 12.9% | ||
| Q1 25 | 4.6% | 0.4% | ||
| Q4 24 | — | 4.6% | ||
| Q3 24 | -5.8% | 3.4% | ||
| Q2 24 | 0.8% | 4.1% | ||
| Q1 24 | -1.7% | 2.0% |
| Q4 25 | $0.82 | $0.23 | ||
| Q3 25 | $-0.31 | $0.16 | ||
| Q2 25 | $0.04 | $0.05 | ||
| Q1 25 | $0.26 | $-0.02 | ||
| Q4 24 | $-0.07 | $0.09 | ||
| Q3 24 | $-0.34 | $0.03 | ||
| Q2 24 | $0.04 | $0.04 | ||
| Q1 24 | $-0.09 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $18.2M | $242.1M |
| Total DebtLower is stronger | — | $428.4M |
| Stockholders' EquityBook value | $140.1M | $27.0M |
| Total Assets | $706.7M | $813.8M |
| Debt / EquityLower = less leverage | — | 15.87× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $18.2M | $242.1M | ||
| Q3 25 | $13.5M | $182.7M | ||
| Q2 25 | $13.5M | $136.3M | ||
| Q1 25 | $24.8M | $94.5M | ||
| Q4 24 | $9.3M | $89.5M | ||
| Q3 24 | $5.2M | $98.4M | ||
| Q2 24 | $2.9M | $73.9M | ||
| Q1 24 | $5.3M | $41.9M |
| Q4 25 | — | $428.4M | ||
| Q3 25 | — | $429.3M | ||
| Q2 25 | — | $430.2M | ||
| Q1 25 | — | $431.1M | ||
| Q4 24 | — | $432.0M | ||
| Q3 24 | — | $432.9M | ||
| Q2 24 | — | $433.8M | ||
| Q1 24 | — | $384.0M |
| Q4 25 | $140.1M | $27.0M | ||
| Q3 25 | $108.9M | $-7.4M | ||
| Q2 25 | $271.6M | $-12.3M | ||
| Q1 25 | $266.8M | $-28.3M | ||
| Q4 24 | $256.1M | $-27.6M | ||
| Q3 24 | $249.2M | $-31.9M | ||
| Q2 24 | $257.9M | $-28.5M | ||
| Q1 24 | $251.7M | $-26.4M |
| Q4 25 | $706.7M | $813.8M | ||
| Q3 25 | $682.2M | $685.9M | ||
| Q2 25 | $646.7M | $636.9M | ||
| Q1 25 | $662.2M | $579.8M | ||
| Q4 24 | $648.8M | $612.7M | ||
| Q3 24 | $651.6M | $575.0M | ||
| Q2 24 | $644.9M | $543.9M | ||
| Q1 24 | $630.0M | $497.3M |
| Q4 25 | — | 15.87× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $27.6M | $183.5M |
| Free Cash FlowOCF − Capex | $15.8M | $175.0M |
| FCF MarginFCF / Revenue | 6.6% | 98.8% |
| Capex IntensityCapex / Revenue | 4.9% | 4.8% |
| Cash ConversionOCF / Net Profit | — | 3.16× |
| TTM Free Cash FlowTrailing 4 quarters | $43.1M | $326.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $27.6M | $183.5M | ||
| Q3 25 | $34.2M | $79.8M | ||
| Q2 25 | $-7.6M | $42.0M | ||
| Q1 25 | $20.6M | $33.3M | ||
| Q4 24 | $26.4M | $148.8M | ||
| Q3 24 | $8.4M | $69.0M | ||
| Q2 24 | $-6.3M | $17.5M | ||
| Q1 24 | $2.0M | $24.2M |
| Q4 25 | $15.8M | $175.0M | ||
| Q3 25 | $21.0M | $78.3M | ||
| Q2 25 | $-12.2M | $40.8M | ||
| Q1 25 | $18.5M | $32.1M | ||
| Q4 24 | $23.2M | $132.0M | ||
| Q3 24 | $6.5M | $62.2M | ||
| Q2 24 | $-8.1M | $12.8M | ||
| Q1 24 | $439.0K | $20.0M |
| Q4 25 | 6.6% | 98.8% | ||
| Q3 25 | 9.9% | 58.0% | ||
| Q2 25 | -6.0% | 34.1% | ||
| Q1 25 | 9.0% | 25.5% | ||
| Q4 24 | 11.1% | 79.9% | ||
| Q3 24 | 3.2% | 50.6% | ||
| Q2 24 | -4.1% | 10.9% | ||
| Q1 24 | 0.2% | 18.4% |
| Q4 25 | 4.9% | 4.8% | ||
| Q3 25 | 6.2% | 1.1% | ||
| Q2 25 | 2.2% | 1.0% | ||
| Q1 25 | 1.0% | 0.9% | ||
| Q4 24 | 1.5% | 10.1% | ||
| Q3 24 | 0.9% | 5.5% | ||
| Q2 24 | 0.9% | 4.0% | ||
| Q1 24 | 0.9% | 3.9% |
| Q4 25 | — | 3.16× | ||
| Q3 25 | — | 7.61× | ||
| Q2 25 | -5.81× | 2.72× | ||
| Q1 25 | 2.17× | 71.84× | ||
| Q4 24 | — | 19.54× | ||
| Q3 24 | — | 16.60× | ||
| Q2 24 | -4.08× | 3.64× | ||
| Q1 24 | — | 11.40× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ATRO
| Product Line Electrical Power And Motion | $113.8M | 47% |
| Product Line Avionics | $32.0M | 13% |
| Military Aircraft | $28.0M | 12% |
| General Aviation | $22.3M | 9% |
| Government And Defense | $20.5M | 9% |
| Product Line Systems Certification | $13.2M | 6% |
| Product Line Structures | $3.7M | 2% |
| Product Line Other | $2.3M | 1% |
GCMG
| Asset Management1 | $108.6M | 61% |
| Management Service Incentive Performance Fees | $61.7M | 35% |
| Management Service Incentive Carried Interest | $5.1M | 3% |
| Service Other | $1.8M | 1% |
