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Side-by-side financial comparison of GCM Grosvenor Inc. (GCMG) and Navios Maritime Partners L.P. (NMM). Click either name above to swap in a different company.

Navios Maritime Partners L.P. is the larger business by last-quarter revenue ($327.6M vs $177.1M, roughly 1.8× GCM Grosvenor Inc.). GCM Grosvenor Inc. runs the higher net margin — 32.8% vs 21.4%, a 11.5% gap on every dollar of revenue. On growth, GCM Grosvenor Inc. posted the faster year-over-year revenue change (7.2% vs -4.3%).

GCM Grosvenor is an American alternative asset management firm, with approximately $76 billion in assets under management and approximately 530 professionals as of 2023.

Navios Maritime Holdings Inc. is a multinational, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain.

GCMG vs NMM — Head-to-Head

Bigger by revenue
NMM
NMM
1.8× larger
NMM
$327.6M
$177.1M
GCMG
Growing faster (revenue YoY)
GCMG
GCMG
+11.4% gap
GCMG
7.2%
-4.3%
NMM
Higher net margin
GCMG
GCMG
11.5% more per $
GCMG
32.8%
21.4%
NMM

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
GCMG
GCMG
NMM
NMM
Revenue
$177.1M
$327.6M
Net Profit
$58.2M
$69.9M
Gross Margin
90.5%
Operating Margin
30.9%
Net Margin
32.8%
21.4%
Revenue YoY
7.2%
-4.3%
Net Profit YoY
149.2%
-31.1%
EPS (diluted)
$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.

Revenue
GCMG
GCMG
NMM
NMM
Q4 25
$177.1M
Q3 25
$135.0M
Q2 25
$119.7M
$327.6M
Q1 25
$125.8M
Q4 24
$165.3M
Q3 24
$122.9M
Q2 24
$117.0M
$342.2M
Q1 24
$108.9M
Net Profit
GCMG
GCMG
NMM
NMM
Q4 25
$58.2M
Q3 25
$10.5M
Q2 25
$15.4M
$69.9M
Q1 25
$463.0K
Q4 24
$7.6M
Q3 24
$4.2M
Q2 24
$4.8M
$101.5M
Q1 24
$2.1M
Gross Margin
GCMG
GCMG
NMM
NMM
Q4 25
Q3 25
Q2 25
90.5%
Q1 25
Q4 24
Q3 24
Q2 24
88.3%
Q1 24
Operating Margin
GCMG
GCMG
NMM
NMM
Q4 25
30.9%
Q3 25
32.7%
Q2 25
16.1%
Q1 25
12.2%
Q4 24
26.4%
Q3 24
20.3%
Q2 24
17.8%
Q1 24
-14.7%
Net Margin
GCMG
GCMG
NMM
NMM
Q4 25
32.8%
Q3 25
7.8%
Q2 25
12.9%
21.4%
Q1 25
0.4%
Q4 24
4.6%
Q3 24
3.4%
Q2 24
4.1%
29.7%
Q1 24
2.0%
EPS (diluted)
GCMG
GCMG
NMM
NMM
Q4 25
$0.23
Q3 25
$0.16
Q2 25
$0.05
Q1 25
$-0.02
Q4 24
$0.09
Q3 24
$0.03
Q2 24
$0.04
Q1 24
$-0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GCMG
GCMG
NMM
NMM
Cash + ST InvestmentsLiquidity on hand
$242.1M
$377.0M
Total DebtLower is stronger
$428.4M
$2.0B
Stockholders' EquityBook value
$27.0M
Total Assets
$813.8M
$5.9B
Debt / EquityLower = less leverage
15.87×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GCMG
GCMG
NMM
NMM
Q4 25
$242.1M
Q3 25
$182.7M
Q2 25
$136.3M
$377.0M
Q1 25
$94.5M
Q4 24
$89.5M
Q3 24
$98.4M
Q2 24
$73.9M
$272.0M
Q1 24
$41.9M
Total Debt
GCMG
GCMG
NMM
NMM
Q4 25
$428.4M
Q3 25
$429.3M
Q2 25
$430.2M
$2.0B
Q1 25
$431.1M
Q4 24
$432.0M
Q3 24
$432.9M
Q2 24
$433.8M
$1.4B
Q1 24
$384.0M
Stockholders' Equity
GCMG
GCMG
NMM
NMM
Q4 25
$27.0M
Q3 25
$-7.4M
Q2 25
$-12.3M
Q1 25
$-28.3M
Q4 24
$-27.6M
Q3 24
$-31.9M
Q2 24
$-28.5M
Q1 24
$-26.4M
Total Assets
GCMG
GCMG
NMM
NMM
Q4 25
$813.8M
Q3 25
$685.9M
Q2 25
$636.9M
$5.9B
Q1 25
$579.8M
Q4 24
$612.7M
Q3 24
$575.0M
Q2 24
$543.9M
$5.3B
Q1 24
$497.3M
Debt / Equity
GCMG
GCMG
NMM
NMM
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
GCMG
GCMG
NMM
NMM
Operating Cash FlowLast quarter
$183.5M
Free Cash FlowOCF − Capex
$175.0M
FCF MarginFCF / Revenue
98.8%
Capex IntensityCapex / Revenue
4.8%
Cash ConversionOCF / Net Profit
3.16×
TTM Free Cash FlowTrailing 4 quarters
$326.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GCMG
GCMG
NMM
NMM
Q4 25
$183.5M
Q3 25
$79.8M
Q2 25
$42.0M
Q1 25
$33.3M
Q4 24
$148.8M
Q3 24
$69.0M
Q2 24
$17.5M
Q1 24
$24.2M
Free Cash Flow
GCMG
GCMG
NMM
NMM
Q4 25
$175.0M
Q3 25
$78.3M
Q2 25
$40.8M
Q1 25
$32.1M
Q4 24
$132.0M
Q3 24
$62.2M
Q2 24
$12.8M
Q1 24
$20.0M
FCF Margin
GCMG
GCMG
NMM
NMM
Q4 25
98.8%
Q3 25
58.0%
Q2 25
34.1%
Q1 25
25.5%
Q4 24
79.9%
Q3 24
50.6%
Q2 24
10.9%
Q1 24
18.4%
Capex Intensity
GCMG
GCMG
NMM
NMM
Q4 25
4.8%
Q3 25
1.1%
Q2 25
1.0%
Q1 25
0.9%
Q4 24
10.1%
Q3 24
5.5%
Q2 24
4.0%
Q1 24
3.9%
Cash Conversion
GCMG
GCMG
NMM
NMM
Q4 25
3.16×
Q3 25
7.61×
Q2 25
2.72×
Q1 25
71.84×
Q4 24
19.54×
Q3 24
16.60×
Q2 24
3.64×
Q1 24
11.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GCMG
GCMG

Asset Management1$108.6M61%
Management Service Incentive Performance Fees$61.7M35%
Management Service Incentive Carried Interest$5.1M3%
Service Other$1.8M1%

NMM
NMM

Segment breakdown not available.

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