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Side-by-side financial comparison of GCM Grosvenor Inc. (GCMG) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.
WYNDHAM HOTELS & RESORTS, INC. is the larger business by last-quarter revenue ($334.0M vs $177.1M, roughly 1.9× GCM Grosvenor Inc.). GCM Grosvenor Inc. runs the higher net margin — 32.8% vs -18.0%, a 50.8% gap on every dollar of revenue. On growth, GCM Grosvenor Inc. posted the faster year-over-year revenue change (7.2% vs -76.3%). GCM Grosvenor Inc. produced more free cash flow last quarter ($175.0M vs $168.0M). Over the past eight quarters, GCM Grosvenor Inc.'s revenue compounded faster (27.5% CAGR vs -4.6%).
GCM Grosvenor is an American alternative asset management firm, with approximately $76 billion in assets under management and approximately 530 professionals as of 2023.
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
GCMG vs WH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $177.1M | $334.0M |
| Net Profit | $58.2M | $-60.0M |
| Gross Margin | — | — |
| Operating Margin | 30.9% | — |
| Net Margin | 32.8% | -18.0% |
| Revenue YoY | 7.2% | -76.3% |
| Net Profit YoY | 149.2% | -170.6% |
| EPS (diluted) | $0.23 | $-0.80 |
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 | — | $334.0M | ||
| Q4 25 | $177.1M | $334.0M | ||
| Q3 25 | $135.0M | $382.0M | ||
| Q2 25 | $119.7M | $397.0M | ||
| Q1 25 | $125.8M | $316.0M | ||
| Q4 24 | $165.3M | $336.0M | ||
| Q3 24 | $122.9M | $396.0M | ||
| Q2 24 | $117.0M | $367.0M |
| Q1 26 | — | $-60.0M | ||
| Q4 25 | $58.2M | $-60.0M | ||
| Q3 25 | $10.5M | $105.0M | ||
| Q2 25 | $15.4M | $87.0M | ||
| Q1 25 | $463.0K | $61.0M | ||
| Q4 24 | $7.6M | $85.0M | ||
| Q3 24 | $4.2M | $102.0M | ||
| Q2 24 | $4.8M | $86.0M |
| Q1 26 | — | — | ||
| Q4 25 | 30.9% | -11.4% | ||
| Q3 25 | 32.7% | 46.6% | ||
| Q2 25 | 16.1% | 37.8% | ||
| Q1 25 | 12.2% | 35.4% | ||
| Q4 24 | 26.4% | 38.4% | ||
| Q3 24 | 20.3% | 43.2% | ||
| Q2 24 | 17.8% | 39.5% |
| Q1 26 | — | -18.0% | ||
| Q4 25 | 32.8% | -18.0% | ||
| Q3 25 | 7.8% | 27.5% | ||
| Q2 25 | 12.9% | 21.9% | ||
| Q1 25 | 0.4% | 19.3% | ||
| Q4 24 | 4.6% | 25.3% | ||
| Q3 24 | 3.4% | 25.8% | ||
| Q2 24 | 4.1% | 23.4% |
| Q1 26 | — | $-0.80 | ||
| Q4 25 | $0.23 | $-0.77 | ||
| Q3 25 | $0.16 | $1.36 | ||
| Q2 25 | $0.05 | $1.13 | ||
| Q1 25 | $-0.02 | $0.78 | ||
| Q4 24 | $0.09 | $1.06 | ||
| Q3 24 | $0.03 | $1.29 | ||
| Q2 24 | $0.04 | $1.07 |
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 | $64.0M |
| Total DebtLower is stronger | $428.4M | — |
| Stockholders' EquityBook value | $27.0M | $468.0M |
| Total Assets | $813.8M | $4.2B |
| Debt / EquityLower = less leverage | 15.87× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $64.0M | ||
| Q4 25 | $242.1M | $64.0M | ||
| Q3 25 | $182.7M | $70.0M | ||
| Q2 25 | $136.3M | $50.0M | ||
| Q1 25 | $94.5M | $48.0M | ||
| Q4 24 | $89.5M | $103.0M | ||
| Q3 24 | $98.4M | $72.0M | ||
| Q2 24 | $73.9M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | $428.4M | $2.5B | ||
| Q3 25 | $429.3M | $2.6B | ||
| Q2 25 | $430.2M | $2.5B | ||
| Q1 25 | $431.1M | $2.5B | ||
| Q4 24 | $432.0M | $2.4B | ||
| Q3 24 | $432.9M | $2.4B | ||
| Q2 24 | $433.8M | $2.4B |
| Q1 26 | — | $468.0M | ||
| Q4 25 | $27.0M | $468.0M | ||
| Q3 25 | $-7.4M | $583.0M | ||
| Q2 25 | $-12.3M | $570.0M | ||
| Q1 25 | $-28.3M | $579.0M | ||
| Q4 24 | $-27.6M | $650.0M | ||
| Q3 24 | $-31.9M | $583.0M | ||
| Q2 24 | $-28.5M | $623.0M |
| Q1 26 | — | $4.2B | ||
| Q4 25 | $813.8M | $4.2B | ||
| Q3 25 | $685.9M | $4.3B | ||
| Q2 25 | $636.9M | $4.3B | ||
| Q1 25 | $579.8M | $4.2B | ||
| Q4 24 | $612.7M | $4.2B | ||
| Q3 24 | $575.0M | $4.2B | ||
| Q2 24 | $543.9M | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | 15.87× | 5.37× | ||
| Q3 25 | — | 4.43× | ||
| Q2 25 | — | 4.44× | ||
| Q1 25 | — | 4.29× | ||
| Q4 24 | — | 3.72× | ||
| Q3 24 | — | 4.19× | ||
| Q2 24 | — | 3.83× |
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 | $367.0M |
| Free Cash FlowOCF − Capex | $175.0M | $168.0M |
| FCF MarginFCF / Revenue | 98.8% | 50.3% |
| Capex IntensityCapex / Revenue | 4.8% | — |
| Cash ConversionOCF / Net Profit | 3.16× | — |
| TTM Free Cash FlowTrailing 4 quarters | $326.2M | $437.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $367.0M | ||
| Q4 25 | $183.5M | $152.0M | ||
| Q3 25 | $79.8M | $86.0M | ||
| Q2 25 | $42.0M | $70.0M | ||
| Q1 25 | $33.3M | $59.0M | ||
| Q4 24 | $148.8M | $134.0M | ||
| Q3 24 | $69.0M | $79.0M | ||
| Q2 24 | $17.5M | $1.0M |
| Q1 26 | — | $168.0M | ||
| Q4 25 | $175.0M | $136.0M | ||
| Q3 25 | $78.3M | $75.0M | ||
| Q2 25 | $40.8M | $58.0M | ||
| Q1 25 | $32.1M | $52.0M | ||
| Q4 24 | $132.0M | $109.0M | ||
| Q3 24 | $62.2M | $71.0M | ||
| Q2 24 | $12.8M | $-6.0M |
| Q1 26 | — | 50.3% | ||
| Q4 25 | 98.8% | 40.7% | ||
| Q3 25 | 58.0% | 19.6% | ||
| Q2 25 | 34.1% | 14.6% | ||
| Q1 25 | 25.5% | 16.5% | ||
| Q4 24 | 79.9% | 32.4% | ||
| Q3 24 | 50.6% | 17.9% | ||
| Q2 24 | 10.9% | -1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 4.8% | 4.8% | ||
| Q3 25 | 1.1% | 2.9% | ||
| Q2 25 | 1.0% | 3.0% | ||
| Q1 25 | 0.9% | 2.2% | ||
| Q4 24 | 10.1% | 7.4% | ||
| Q3 24 | 5.5% | 2.0% | ||
| Q2 24 | 4.0% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | 3.16× | — | ||
| Q3 25 | 7.61× | 0.82× | ||
| Q2 25 | 2.72× | 0.80× | ||
| Q1 25 | 71.84× | 0.97× | ||
| Q4 24 | 19.54× | 1.58× | ||
| Q3 24 | 16.60× | 0.77× | ||
| Q2 24 | 3.64× | 0.01× |
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% |
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |
