vs
GCM Grosvenor Inc.（GCMG）与GIBRALTAR INDUSTRIES, INC.（ROCK）财务数据对比。点击上方公司名可切换其他公司
GIBRALTAR INDUSTRIES, INC.的季度营收约是GCM Grosvenor Inc.的1.3倍（$225.0M vs $177.1M），GIBRALTAR INDUSTRIES, INC.同比增速更快（24.9% vs 7.2%），GCM Grosvenor Inc.自由现金流更多（$175.0M vs $26.2M），过去两年GCM Grosvenor Inc.的营收复合增速更高（27.5% vs -12.3%）
GCM Grosvenor是美国头部另类资产管理机构，截至2023年资产管理规模约760亿美元，拥有约530名专业人士，为全球机构及个人投资者提供定制化另类投资解决方案，覆盖私募股权、对冲基金、房地产、基础设施等多元资产类别。
直布罗陀工业公司是专业建筑、基础设施及可再生能源产品制造商与分销商，主营通风系统、屋面配件、太阳能安装支架、园林景观产品等，主要服务北美地区住宅、商业建筑及清洁能源市场，专注提供创新可持续的客户解决方案。
GCMG vs ROCK — 直观对比
营收规模更大
ROCK
是对方的1.3倍
$177.1M
营收增速更快
ROCK
高出17.8%
7.2%
自由现金流更多
GCMG
多$148.8M
$26.2M
两年增速更快
GCMG
近两年复合增速
-12.3%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $177.1M | $225.0M |
| 净利润 | $58.2M | — |
| 毛利率 | — | 25.3% |
| 营业利润率 | 30.9% | 7.9% |
| 净利率 | 32.8% | — |
| 营收同比 | 7.2% | 24.9% |
| 净利润同比 | 149.2% | — |
| 每股收益（稀释后） | $0.23 | — |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收GCMGROCK
| Q4 25 | $177.1M | $225.0M | ||
| Q3 25 | $135.0M | $310.9M | ||
| Q2 25 | $119.7M | $309.5M | ||
| Q1 25 | $125.8M | $290.0M | ||
| Q4 24 | $165.3M | $180.1M | ||
| Q3 24 | $122.9M | $277.1M | ||
| Q2 24 | $117.0M | $273.6M | ||
| Q1 24 | $108.9M | $292.5M |
净利润GCMGROCK
| Q4 25 | $58.2M | — | ||
| Q3 25 | $10.5M | $-89.1M | ||
| Q2 25 | $15.4M | $26.0M | ||
| Q1 25 | $463.0K | $21.1M | ||
| Q4 24 | $7.6M | — | ||
| Q3 24 | $4.2M | $34.0M | ||
| Q2 24 | $4.8M | $32.2M | ||
| Q1 24 | $2.1M | $24.9M |
毛利率GCMGROCK
| Q4 25 | — | 25.3% | ||
| Q3 25 | — | 26.6% | ||
| Q2 25 | — | 28.4% | ||
| Q1 25 | — | 26.8% | ||
| Q4 24 | — | 29.0% | ||
| Q3 24 | — | 29.4% | ||
| Q2 24 | — | 30.5% | ||
| Q1 24 | — | 28.9% |
营业利润率GCMGROCK
| Q4 25 | 30.9% | 7.9% | ||
| Q3 25 | 32.7% | 12.8% | ||
| Q2 25 | 16.1% | 12.8% | ||
| Q1 25 | 12.2% | 8.8% | ||
| Q4 24 | 26.4% | 13.3% | ||
| Q3 24 | 20.3% | 15.6% | ||
| Q2 24 | 17.8% | 14.9% | ||
| Q1 24 | -14.7% | 10.8% |
净利率GCMGROCK
| Q4 25 | 32.8% | — | ||
| Q3 25 | 7.8% | -28.6% | ||
| Q2 25 | 12.9% | 8.4% | ||
| Q1 25 | 0.4% | 7.3% | ||
| Q4 24 | 4.6% | — | ||
| Q3 24 | 3.4% | 12.3% | ||
| Q2 24 | 4.1% | 11.8% | ||
| Q1 24 | 2.0% | 8.5% |
每股收益（稀释后）GCMGROCK
| Q4 25 | $0.23 | — | ||
| Q3 25 | $0.16 | $-2.98 | ||
| Q2 25 | $0.05 | $0.87 | ||
| Q1 25 | $-0.02 | — | ||
| Q4 24 | $0.09 | — | ||
| Q3 24 | $0.03 | $1.11 | ||
| Q2 24 | $0.04 | $1.05 | ||
| Q1 24 | $-0.13 | — |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $242.1M | $115.7M |
| 总债务越低越好 | $428.4M | $0 |
| 股东权益账面价值 | $27.0M | $950.4M |
| 总资产 | $813.8M | $1.4B |
| 负债/权益比越低杠杆越低 | 15.87× | 0.00× |
8季度趋势，按日历期对齐
现金及短期投资GCMGROCK
| Q4 25 | $242.1M | $115.7M | ||
| Q3 25 | $182.7M | $89.4M | ||
| Q2 25 | $136.3M | $43.3M | ||
| Q1 25 | $94.5M | $25.1M | ||
| Q4 24 | $89.5M | $269.5M | ||
| Q3 24 | $98.4M | $228.9M | ||
| Q2 24 | $73.9M | $179.1M | ||
| Q1 24 | $41.9M | $146.7M |
总债务GCMGROCK
| Q4 25 | $428.4M | $0 | ||
| Q3 25 | $429.3M | $0 | ||
| Q2 25 | $430.2M | $0 | ||
| Q1 25 | $431.1M | $0 | ||
| Q4 24 | $432.0M | $0 | ||
| Q3 24 | $432.9M | $0 | ||
| Q2 24 | $433.8M | $0 | ||
| Q1 24 | $384.0M | $0 |
股东权益GCMGROCK
| Q4 25 | $27.0M | $950.4M | ||
| Q3 25 | $-7.4M | $951.8M | ||
| Q2 25 | $-12.3M | $1.0B | ||
| Q1 25 | $-28.3M | $1.0B | ||
| Q4 24 | $-27.6M | $1.0B | ||
| Q3 24 | $-31.9M | $1.0B | ||
| Q2 24 | $-28.5M | $975.7M | ||
| Q1 24 | $-26.4M | $940.2M |
总资产GCMGROCK
| Q4 25 | $813.8M | $1.4B | ||
| Q3 25 | $685.9M | $1.4B | ||
| Q2 25 | $636.9M | $1.5B | ||
| Q1 25 | $579.8M | $1.4B | ||
| Q4 24 | $612.7M | $1.4B | ||
| Q3 24 | $575.0M | $1.4B | ||
| Q2 24 | $543.9M | $1.4B | ||
| Q1 24 | $497.3M | $1.3B |
负债/权益比GCMGROCK
| Q4 25 | 15.87× | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× | ||
| Q1 24 | — | 0.00× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $183.5M | $35.5M |
| 自由现金流经营现金流 - 资本支出 | $175.0M | $26.2M |
| 自由现金流率自由现金流/营收 | 98.8% | 11.7% |
| 资本支出强度资本支出/营收 | 4.8% | 4.1% |
| 现金转化率经营现金流/净利润 | 3.16× | — |
| 过去12个月自由现金流最近4个季度 | $326.2M | $120.6M |
8季度趋势，按日历期对齐
经营现金流GCMGROCK
| Q4 25 | $183.5M | $35.5M | ||
| Q3 25 | $79.8M | $73.0M | ||
| Q2 25 | $42.0M | $44.9M | ||
| Q1 25 | $33.3M | $13.7M | ||
| Q4 24 | $148.8M | $19.9M | ||
| Q3 24 | $69.0M | $64.7M | ||
| Q2 24 | $17.5M | $36.5M | ||
| Q1 24 | $24.2M | $53.2M |
自由现金流GCMGROCK
| Q4 25 | $175.0M | $26.2M | ||
| Q3 25 | $78.3M | $64.8M | ||
| Q2 25 | $40.8M | $27.3M | ||
| Q1 25 | $32.1M | $2.3M | ||
| Q4 24 | $132.0M | $14.1M | ||
| Q3 24 | $62.2M | $60.5M | ||
| Q2 24 | $12.8M | $33.5M | ||
| Q1 24 | $20.0M | $48.8M |
自由现金流率GCMGROCK
| Q4 25 | 98.8% | 11.7% | ||
| Q3 25 | 58.0% | 20.8% | ||
| Q2 25 | 34.1% | 8.8% | ||
| Q1 25 | 25.5% | 0.8% | ||
| Q4 24 | 79.9% | 7.8% | ||
| Q3 24 | 50.6% | 21.8% | ||
| Q2 24 | 10.9% | 12.2% | ||
| Q1 24 | 18.4% | 16.7% |
资本支出强度GCMGROCK
| Q4 25 | 4.8% | 4.1% | ||
| Q3 25 | 1.1% | 2.6% | ||
| Q2 25 | 1.0% | 5.7% | ||
| Q1 25 | 0.9% | 3.9% | ||
| Q4 24 | 10.1% | 3.3% | ||
| Q3 24 | 5.5% | 1.5% | ||
| Q2 24 | 4.0% | 1.1% | ||
| Q1 24 | 3.9% | 1.5% |
现金转化率GCMGROCK
| Q4 25 | 3.16× | — | ||
| Q3 25 | 7.61× | — | ||
| Q2 25 | 2.72× | 1.73× | ||
| Q1 25 | 71.84× | 0.65× | ||
| Q4 24 | 19.54× | — | ||
| Q3 24 | 16.60× | 1.90× | ||
| Q2 24 | 3.64× | 1.13× | ||
| Q1 24 | 11.40× | 2.13× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
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% |
ROCK
| Transferred At Point In Time | $183.5M | 82% |
| Infrastructure | $22.5M | 10% |
| Other | $18.9M | 8% |
