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Side-by-side financial comparison of GCM Grosvenor Inc. (GCMG) and Urban Edge Properties (UE). Click either name above to swap in a different company.
GCM Grosvenor Inc. is the larger business by last-quarter revenue ($177.1M vs $132.6M, roughly 1.3× Urban Edge Properties). GCM Grosvenor Inc. runs the higher net margin — 32.8% vs 17.1%, a 15.8% gap on every dollar of revenue. On growth, Urban Edge Properties posted the faster year-over-year revenue change (12.2% vs 7.2%). Over the past eight quarters, GCM Grosvenor Inc.'s revenue compounded faster (27.5% CAGR vs 11.6%).
GCM Grosvenor is an American alternative asset management firm, with approximately $76 billion in assets under management and approximately 530 professionals as of 2023.
Urban Edge Properties is a publicly traded real estate investment trust (REIT) that owns, operates, and develops high-quality retail and mixed-use properties, primarily located in densely populated urban and suburban markets across the United States. Its portfolio covers grocery-anchored shopping centers, lifestyle outlets, and community-focused commercial assets.
GCMG vs UE — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $177.1M | $132.6M |
| Net Profit | $58.2M | $22.6M |
| Gross Margin | — | — |
| Operating Margin | 30.9% | — |
| Net Margin | 32.8% | 17.1% |
| Revenue YoY | 7.2% | 12.2% |
| Net Profit YoY | 149.2% | -6.7% |
| EPS (diluted) | $0.23 | $0.18 |
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.
| Q1 26 | — | $132.6M | ||
| Q4 25 | $177.1M | $119.6M | ||
| Q3 25 | $135.0M | $120.1M | ||
| Q2 25 | $119.7M | $114.1M | ||
| Q1 25 | $125.8M | $118.2M | ||
| Q4 24 | $165.3M | $116.4M | ||
| Q3 24 | $122.9M | $112.4M | ||
| Q2 24 | $117.0M | $106.5M |
| Q1 26 | — | $22.6M | ||
| Q4 25 | $58.2M | $12.4M | ||
| Q3 25 | $10.5M | $14.9M | ||
| Q2 25 | $15.4M | $58.0M | ||
| Q1 25 | $463.0K | $8.2M | ||
| Q4 24 | $7.6M | $30.1M | ||
| Q3 24 | $4.2M | $9.1M | ||
| Q2 24 | $4.8M | $30.8M |
| Q1 26 | — | — | ||
| Q4 25 | 30.9% | 11.3% | ||
| Q3 25 | 32.7% | 13.4% | ||
| Q2 25 | 16.1% | 53.9% | ||
| Q1 25 | 12.2% | 7.6% | ||
| Q4 24 | 26.4% | 27.6% | ||
| Q3 24 | 20.3% | 8.9% | ||
| Q2 24 | 17.8% | 30.6% |
| Q1 26 | — | 17.1% | ||
| Q4 25 | 32.8% | 10.4% | ||
| Q3 25 | 7.8% | 12.4% | ||
| Q2 25 | 12.9% | 50.8% | ||
| Q1 25 | 0.4% | 6.9% | ||
| Q4 24 | 4.6% | 25.9% | ||
| Q3 24 | 3.4% | 8.1% | ||
| Q2 24 | 4.1% | 28.9% |
| Q1 26 | — | $0.18 | ||
| Q4 25 | $0.23 | $0.09 | ||
| Q3 25 | $0.16 | $0.12 | ||
| Q2 25 | $0.05 | $0.46 | ||
| Q1 25 | $-0.02 | $0.07 | ||
| Q4 24 | $0.09 | $0.25 | ||
| Q3 24 | $0.03 | $0.07 | ||
| Q2 24 | $0.04 | $0.26 |
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 | $50.0M |
| Total DebtLower is stronger | $428.4M | — |
| Stockholders' EquityBook value | $27.0M | $1.4B |
| Total Assets | $813.8M | $3.4B |
| Debt / EquityLower = less leverage | 15.87× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $50.0M | ||
| Q4 25 | $242.1M | $48.9M | ||
| Q3 25 | $182.7M | $77.8M | ||
| Q2 25 | $136.3M | $53.0M | ||
| Q1 25 | $94.5M | $48.0M | ||
| Q4 24 | $89.5M | $41.4M | ||
| Q3 24 | $98.4M | $67.9M | ||
| Q2 24 | $73.9M | $78.6M |
| Q1 26 | — | — | ||
| 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 26 | — | $1.4B | ||
| Q4 25 | $27.0M | $1.4B | ||
| Q3 25 | $-7.4M | $1.4B | ||
| Q2 25 | $-12.3M | $1.4B | ||
| Q1 25 | $-28.3M | $1.4B | ||
| Q4 24 | $-27.6M | $1.4B | ||
| Q3 24 | $-31.9M | $1.3B | ||
| Q2 24 | $-28.5M | $1.3B |
| Q1 26 | — | $3.4B | ||
| Q4 25 | $813.8M | $3.3B | ||
| Q3 25 | $685.9M | $3.3B | ||
| Q2 25 | $636.9M | $3.3B | ||
| Q1 25 | $579.8M | $3.3B | ||
| Q4 24 | $612.7M | $3.3B | ||
| Q3 24 | $575.0M | $3.2B | ||
| Q2 24 | $543.9M | $3.2B |
| Q1 26 | — | — | ||
| Q4 25 | 15.87× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $39.1M |
| Free Cash FlowOCF − Capex | $175.0M | — |
| FCF MarginFCF / Revenue | 98.8% | — |
| Capex IntensityCapex / Revenue | 4.8% | 1.5% |
| Cash ConversionOCF / Net Profit | 3.16× | 1.73× |
| TTM Free Cash FlowTrailing 4 quarters | $326.2M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $39.1M | ||
| Q4 25 | $183.5M | $182.7M | ||
| Q3 25 | $79.8M | $55.7M | ||
| Q2 25 | $42.0M | $43.5M | ||
| Q1 25 | $33.3M | $32.6M | ||
| Q4 24 | $148.8M | $153.2M | ||
| Q3 24 | $69.0M | $36.6M | ||
| Q2 24 | $17.5M | $41.2M |
| Q1 26 | — | — | ||
| Q4 25 | $175.0M | $81.8M | ||
| Q3 25 | $78.3M | $26.1M | ||
| Q2 25 | $40.8M | $19.6M | ||
| Q1 25 | $32.1M | $11.9M | ||
| Q4 24 | $132.0M | $42.5M | ||
| Q3 24 | $62.2M | $12.2M | ||
| Q2 24 | $12.8M | $19.9M |
| Q1 26 | — | — | ||
| Q4 25 | 98.8% | 68.4% | ||
| Q3 25 | 58.0% | 21.7% | ||
| Q2 25 | 34.1% | 17.2% | ||
| Q1 25 | 25.5% | 10.0% | ||
| Q4 24 | 79.9% | 36.6% | ||
| Q3 24 | 50.6% | 10.8% | ||
| Q2 24 | 10.9% | 18.6% |
| Q1 26 | — | 1.5% | ||
| Q4 25 | 4.8% | 84.4% | ||
| Q3 25 | 1.1% | 24.6% | ||
| Q2 25 | 1.0% | 20.9% | ||
| Q1 25 | 0.9% | 17.5% | ||
| Q4 24 | 10.1% | 95.1% | ||
| Q3 24 | 5.5% | 21.7% | ||
| Q2 24 | 4.0% | 20.1% |
| Q1 26 | — | 1.73× | ||
| Q4 25 | 3.16× | 14.71× | ||
| Q3 25 | 7.61× | 3.73× | ||
| Q2 25 | 2.72× | 0.75× | ||
| Q1 25 | 71.84× | 3.97× | ||
| Q4 24 | 19.54× | 5.09× | ||
| Q3 24 | 16.60× | 4.03× | ||
| Q2 24 | 3.64× | 1.34× |
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% |
UE
| Rental revenue | $124.2M | 94% |
| Other | $8.4M | 6% |
