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Side-by-side financial comparison of GCM Grosvenor Inc. (GCMG) and Grand Canyon Education, Inc. (LOPE). Click either name above to swap in a different company.
Grand Canyon Education, Inc. is the larger business by last-quarter revenue ($308.1M vs $177.1M, roughly 1.7× GCM Grosvenor Inc.). GCM Grosvenor Inc. runs the higher net margin — 32.8% vs 28.1%, a 4.7% gap on every dollar of revenue. On growth, GCM Grosvenor Inc. posted the faster year-over-year revenue change (7.2% vs 5.3%). GCM Grosvenor Inc. produced more free cash flow last quarter ($175.0M vs $122.9M). Over the past eight quarters, GCM Grosvenor Inc.'s revenue compounded faster (27.5% CAGR vs 5.9%).
GCM Grosvenor is an American alternative asset management firm, with approximately $76 billion in assets under management and approximately 530 professionals as of 2023.
Grand Canyon Education, Inc. (GCE) is an American for-profit corporation that provides services to universities, specializing in program development, online education, and operational support. Formerly affiliated with Grand Canyon University (GCU), a Christian university in Arizona, GCE became a separate publicly traded company in 2008.
GCMG vs LOPE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $177.1M | $308.1M |
| Net Profit | $58.2M | $86.7M |
| Gross Margin | — | — |
| Operating Margin | 30.9% | 35.1% |
| Net Margin | 32.8% | 28.1% |
| Revenue YoY | 7.2% | 5.3% |
| Net Profit YoY | 149.2% | 5.9% |
| EPS (diluted) | $0.23 | $3.13 |
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 | $177.1M | $308.1M | ||
| Q3 25 | $135.0M | $261.1M | ||
| Q2 25 | $119.7M | $247.5M | ||
| Q1 25 | $125.8M | $289.3M | ||
| Q4 24 | $165.3M | $292.6M | ||
| Q3 24 | $122.9M | $238.3M | ||
| Q2 24 | $117.0M | $227.5M | ||
| Q1 24 | $108.9M | $274.7M |
| Q4 25 | $58.2M | $86.7M | ||
| Q3 25 | $10.5M | $16.3M | ||
| Q2 25 | $15.4M | $41.5M | ||
| Q1 25 | $463.0K | $71.6M | ||
| Q4 24 | $7.6M | $81.9M | ||
| Q3 24 | $4.2M | $41.5M | ||
| Q2 24 | $4.8M | $34.9M | ||
| Q1 24 | $2.1M | $68.0M |
| Q4 25 | 30.9% | 35.1% | ||
| Q3 25 | 32.7% | 6.9% | ||
| Q2 25 | 16.1% | 20.9% | ||
| Q1 25 | 12.2% | 30.4% | ||
| Q4 24 | 26.4% | 34.2% | ||
| Q3 24 | 20.3% | 20.2% | ||
| Q2 24 | 17.8% | 18.8% | ||
| Q1 24 | -14.7% | 30.8% |
| Q4 25 | 32.8% | 28.1% | ||
| Q3 25 | 7.8% | 6.2% | ||
| Q2 25 | 12.9% | 16.8% | ||
| Q1 25 | 0.4% | 24.8% | ||
| Q4 24 | 4.6% | 28.0% | ||
| Q3 24 | 3.4% | 17.4% | ||
| Q2 24 | 4.1% | 15.3% | ||
| Q1 24 | 2.0% | 24.8% |
| Q4 25 | $0.23 | $3.13 | ||
| Q3 25 | $0.16 | $0.58 | ||
| Q2 25 | $0.05 | $1.48 | ||
| Q1 25 | $-0.02 | $2.52 | ||
| Q4 24 | $0.09 | $2.83 | ||
| Q3 24 | $0.03 | $1.42 | ||
| Q2 24 | $0.04 | $1.19 | ||
| Q1 24 | $-0.13 | $2.29 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $242.1M | $111.8M |
| Total DebtLower is stronger | $428.4M | — |
| Stockholders' EquityBook value | $27.0M | $746.9M |
| Total Assets | $813.8M | $992.3M |
| Debt / EquityLower = less leverage | 15.87× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $242.1M | $111.8M | ||
| Q3 25 | $182.7M | $97.3M | ||
| Q2 25 | $136.3M | $192.3M | ||
| Q1 25 | $94.5M | $144.5M | ||
| Q4 24 | $89.5M | $324.6M | ||
| Q3 24 | $98.4M | $263.6M | ||
| Q2 24 | $73.9M | $241.3M | ||
| Q1 24 | $41.9M | $196.2M |
| 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 | $27.0M | $746.9M | ||
| Q3 25 | $-7.4M | $758.0M | ||
| Q2 25 | $-12.3M | $778.0M | ||
| Q1 25 | $-28.3M | $780.7M | ||
| Q4 24 | $-27.6M | $783.9M | ||
| Q3 24 | $-31.9M | $764.1M | ||
| Q2 24 | $-28.5M | $759.2M | ||
| Q1 24 | $-26.4M | $759.4M |
| Q4 25 | $813.8M | $992.3M | ||
| Q3 25 | $685.9M | $1.0B | ||
| Q2 25 | $636.9M | $1.0B | ||
| Q1 25 | $579.8M | $1.0B | ||
| Q4 24 | $612.7M | $1.0B | ||
| Q3 24 | $575.0M | $992.9M | ||
| Q2 24 | $543.9M | $992.7M | ||
| Q1 24 | $497.3M | $1.0B |
| 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 | $183.5M | $130.5M |
| Free Cash FlowOCF − Capex | $175.0M | $122.9M |
| FCF MarginFCF / Revenue | 98.8% | 39.9% |
| Capex IntensityCapex / Revenue | 4.8% | 2.5% |
| Cash ConversionOCF / Net Profit | 3.16× | 1.50× |
| TTM Free Cash FlowTrailing 4 quarters | $326.2M | $238.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $183.5M | $130.5M | ||
| Q3 25 | $79.8M | $-48.6M | ||
| Q2 25 | $42.0M | $124.0M | ||
| Q1 25 | $33.3M | $67.6M | ||
| Q4 24 | $148.8M | $135.8M | ||
| Q3 24 | $69.0M | $-29.4M | ||
| Q2 24 | $17.5M | $98.6M | ||
| Q1 24 | $24.2M | $85.0M |
| Q4 25 | $175.0M | $122.9M | ||
| Q3 25 | $78.3M | $-58.3M | ||
| Q2 25 | $40.8M | $115.4M | ||
| Q1 25 | $32.1M | $58.7M | ||
| Q4 24 | $132.0M | $126.1M | ||
| Q3 24 | $62.2M | $-39.0M | ||
| Q2 24 | $12.8M | $89.6M | ||
| Q1 24 | $20.0M | $76.0M |
| Q4 25 | 98.8% | 39.9% | ||
| Q3 25 | 58.0% | -22.3% | ||
| Q2 25 | 34.1% | 46.6% | ||
| Q1 25 | 25.5% | 20.3% | ||
| Q4 24 | 79.9% | 43.1% | ||
| Q3 24 | 50.6% | -16.3% | ||
| Q2 24 | 10.9% | 39.4% | ||
| Q1 24 | 18.4% | 27.7% |
| Q4 25 | 4.8% | 2.5% | ||
| Q3 25 | 1.1% | 3.7% | ||
| Q2 25 | 1.0% | 3.5% | ||
| Q1 25 | 0.9% | 3.1% | ||
| Q4 24 | 10.1% | 3.3% | ||
| Q3 24 | 5.5% | 4.0% | ||
| Q2 24 | 4.0% | 3.9% | ||
| Q1 24 | 3.9% | 3.3% |
| Q4 25 | 3.16× | 1.50× | ||
| Q3 25 | 7.61× | -2.99× | ||
| Q2 25 | 2.72× | 2.98× | ||
| Q1 25 | 71.84× | 0.94× | ||
| Q4 24 | 19.54× | 1.66× | ||
| Q3 24 | 16.60× | -0.71× | ||
| Q2 24 | 3.64× | 2.83× | ||
| Q1 24 | 11.40× | 1.25× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
LOPE
Segment breakdown not available.
