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Side-by-side financial comparison of GCM Grosvenor Inc. (GCMG) and PAMT CORP (PAMT). Click either name above to swap in a different company.

GCM Grosvenor Inc. is the larger business by last-quarter revenue ($177.1M vs $141.3M, roughly 1.3× PAMT CORP). GCM Grosvenor Inc. runs the higher net margin — 32.8% vs -20.7%, a 53.5% gap on every dollar of revenue. On growth, GCM Grosvenor Inc. posted the faster year-over-year revenue change (7.2% vs -15.1%). GCM Grosvenor Inc. produced more free cash flow last quarter ($175.0M vs $-25.0M). Over the past eight quarters, GCM Grosvenor Inc.'s revenue compounded faster (27.5% CAGR vs -12.0%).

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

GCMG vs PAMT — Head-to-Head

Bigger by revenue
GCMG
GCMG
1.3× larger
GCMG
$177.1M
$141.3M
PAMT
Growing faster (revenue YoY)
GCMG
GCMG
+22.3% gap
GCMG
7.2%
-15.1%
PAMT
Higher net margin
GCMG
GCMG
53.5% more per $
GCMG
32.8%
-20.7%
PAMT
More free cash flow
GCMG
GCMG
$200.0M more FCF
GCMG
$175.0M
$-25.0M
PAMT
Faster 2-yr revenue CAGR
GCMG
GCMG
Annualised
GCMG
27.5%
-12.0%
PAMT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GCMG
GCMG
PAMT
PAMT
Revenue
$177.1M
$141.3M
Net Profit
$58.2M
$-29.3M
Gross Margin
Operating Margin
30.9%
-27.0%
Net Margin
32.8%
-20.7%
Revenue YoY
7.2%
-15.1%
Net Profit YoY
149.2%
7.4%
EPS (diluted)
$0.23
$-1.38

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
PAMT
PAMT
Q4 25
$177.1M
$141.3M
Q3 25
$135.0M
$150.3M
Q2 25
$119.7M
$151.1M
Q1 25
$125.8M
$155.3M
Q4 24
$165.3M
$166.5M
Q3 24
$122.9M
$182.6M
Q2 24
$117.0M
$182.9M
Q1 24
$108.9M
$182.6M
Net Profit
GCMG
GCMG
PAMT
PAMT
Q4 25
$58.2M
$-29.3M
Q3 25
$10.5M
$-5.6M
Q2 25
$15.4M
$-9.6M
Q1 25
$463.0K
$-8.1M
Q4 24
$7.6M
$-31.6M
Q3 24
$4.2M
$2.4M
Q2 24
$4.8M
$-2.9M
Q1 24
$2.1M
$281.0K
Operating Margin
GCMG
GCMG
PAMT
PAMT
Q4 25
30.9%
-27.0%
Q3 25
32.7%
-3.8%
Q2 25
16.1%
-7.3%
Q1 25
12.2%
-5.9%
Q4 24
26.4%
-22.6%
Q3 24
20.3%
1.3%
Q2 24
17.8%
-0.4%
Q1 24
-14.7%
-0.4%
Net Margin
GCMG
GCMG
PAMT
PAMT
Q4 25
32.8%
-20.7%
Q3 25
7.8%
-3.7%
Q2 25
12.9%
-6.4%
Q1 25
0.4%
-5.2%
Q4 24
4.6%
-19.0%
Q3 24
3.4%
1.3%
Q2 24
4.1%
-1.6%
Q1 24
2.0%
0.2%
EPS (diluted)
GCMG
GCMG
PAMT
PAMT
Q4 25
$0.23
$-1.38
Q3 25
$0.16
$-0.27
Q2 25
$0.05
$-0.46
Q1 25
$-0.02
$-0.37
Q4 24
$0.09
$-1.44
Q3 24
$0.03
$0.11
Q2 24
$0.04
$-0.13
Q1 24
$-0.13
$0.01

Balance Sheet & Financial Strength

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

Metric
GCMG
GCMG
PAMT
PAMT
Cash + ST InvestmentsLiquidity on hand
$242.1M
$83.7M
Total DebtLower is stronger
$428.4M
$333.9M
Stockholders' EquityBook value
$27.0M
$210.5M
Total Assets
$813.8M
$697.9M
Debt / EquityLower = less leverage
15.87×
1.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GCMG
GCMG
PAMT
PAMT
Q4 25
$242.1M
$83.7M
Q3 25
$182.7M
$115.6M
Q2 25
$136.3M
$117.3M
Q1 25
$94.5M
$102.7M
Q4 24
$89.5M
$110.7M
Q3 24
$98.4M
$92.3M
Q2 24
$73.9M
$114.0M
Q1 24
$41.9M
$125.8M
Total Debt
GCMG
GCMG
PAMT
PAMT
Q4 25
$428.4M
$333.9M
Q3 25
$429.3M
Q2 25
$430.2M
Q1 25
$431.1M
Q4 24
$432.0M
$325.6M
Q3 24
$432.9M
Q2 24
$433.8M
Q1 24
$384.0M
Stockholders' Equity
GCMG
GCMG
PAMT
PAMT
Q4 25
$27.0M
$210.5M
Q3 25
$-7.4M
$239.5M
Q2 25
$-12.3M
$244.9M
Q1 25
$-28.3M
$269.6M
Q4 24
$-27.6M
$277.5M
Q3 24
$-31.9M
$308.9M
Q2 24
$-28.5M
$306.7M
Q1 24
$-26.4M
$314.6M
Total Assets
GCMG
GCMG
PAMT
PAMT
Q4 25
$813.8M
$697.9M
Q3 25
$685.9M
$715.2M
Q2 25
$636.9M
$707.9M
Q1 25
$579.8M
$712.6M
Q4 24
$612.7M
$741.7M
Q3 24
$575.0M
$756.7M
Q2 24
$543.9M
$733.5M
Q1 24
$497.3M
$746.4M
Debt / Equity
GCMG
GCMG
PAMT
PAMT
Q4 25
15.87×
1.59×
Q3 25
Q2 25
Q1 25
Q4 24
1.17×
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
PAMT
PAMT
Operating Cash FlowLast quarter
$183.5M
$-5.8M
Free Cash FlowOCF − Capex
$175.0M
$-25.0M
FCF MarginFCF / Revenue
98.8%
-17.7%
Capex IntensityCapex / Revenue
4.8%
13.6%
Cash ConversionOCF / Net Profit
3.16×
TTM Free Cash FlowTrailing 4 quarters
$326.2M
$-23.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GCMG
GCMG
PAMT
PAMT
Q4 25
$183.5M
$-5.8M
Q3 25
$79.8M
$5.9M
Q2 25
$42.0M
$12.2M
Q1 25
$33.3M
$5.0M
Q4 24
$148.8M
$15.2M
Q3 24
$69.0M
$15.5M
Q2 24
$17.5M
$18.7M
Q1 24
$24.2M
$9.6M
Free Cash Flow
GCMG
GCMG
PAMT
PAMT
Q4 25
$175.0M
$-25.0M
Q3 25
$78.3M
$2.5M
Q2 25
$40.8M
$5.9M
Q1 25
$32.1M
$-6.8M
Q4 24
$132.0M
$-39.9M
Q3 24
$62.2M
$-33.6M
Q2 24
$12.8M
$4.1M
Q1 24
$20.0M
$-12.2M
FCF Margin
GCMG
GCMG
PAMT
PAMT
Q4 25
98.8%
-17.7%
Q3 25
58.0%
1.7%
Q2 25
34.1%
3.9%
Q1 25
25.5%
-4.4%
Q4 24
79.9%
-24.0%
Q3 24
50.6%
-18.4%
Q2 24
10.9%
2.2%
Q1 24
18.4%
-6.7%
Capex Intensity
GCMG
GCMG
PAMT
PAMT
Q4 25
4.8%
13.6%
Q3 25
1.1%
2.3%
Q2 25
1.0%
4.2%
Q1 25
0.9%
7.6%
Q4 24
10.1%
33.1%
Q3 24
5.5%
26.9%
Q2 24
4.0%
8.0%
Q1 24
3.9%
12.0%
Cash Conversion
GCMG
GCMG
PAMT
PAMT
Q4 25
3.16×
Q3 25
7.61×
Q2 25
2.72×
Q1 25
71.84×
Q4 24
19.54×
Q3 24
16.60×
6.44×
Q2 24
3.64×
Q1 24
11.40×
34.11×

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%

PAMT
PAMT

Freight Transportation Service$123.1M87%
Fuel Surcharge$18.2M13%

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