Pricing Log in Create free account
Friday 6 November 2026 Export ACGP’s income statement to Excel — free account

Associated Capital Group, Inc.

ACGP Financial Asset Management

Associated Capital Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $26.9 million, up 104.1% from fiscal 2024.

Revenue
+13.3%
EPS
+3.41%
Free cash flow
+254.8%

Quarter to June 2026, against a year earlier

31.45 0.00 0.00%
Market cap
$649.9M
P/E
14.6×
Fwd P/E
4.2×
Dividend yield
1.27%
F-score
n/a
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 89.70%

Capital & Financial Ratios $m

Size
Market Cap 649.89
Revenue ttm 27.58
Net income ttm (8.52)
Free cash flow ttm (9.15)
Net debt Q (347.10)
Valuation
P/E 14.63
Forward P/E 4.20
Price / sales 23.48 (above 10: high)
Forward P/S Powerpack
Price / FCF 0.00
Price / book 0.70
Financial health
Current ratio Q 15.24
Debt / equity Q 0.00
Interest coverage Q (133.14)
Growth
Revenue growth Q +13.32% (above 0%: growing)
Operating income growth Q +1.53% (above 0%: growing)
EPS, this year —
EPS, next year A —
Revenue, next year A +94,581.64% (at or above 10%: strong)
EPS, past 5 yrs +24.57% (at or above 15%: strong)
EPS, next 5 yrs A —

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 20.69%
10-year low 10-year high
P/S against its own 10 years 0.51%
10-year low 10-year high
P/B against its own 10 years 0.70%
10-year low 10-year high

Dividends

Yield
1.27%
Annual rate
0.40
Payout ratio
18.6%
Growth, 2017–25
−4.88%/yr
  1. 0.30 ’17
  2. 0.20 ’18 −33
  3. 0.20 ’19 +0
  4. 0.42 ’20 +111
  5. 0.20 ’21 −52
  6. 0.20 ’22 +0
  7. 0.20 ’23 +0
  8. 0.20 ’24 +0
  9. 0.20 ’25 +0
  10. 6.80 ’26e +3297
paid forecast change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 317 368 365 347
Receivables 36 32 43 32
Inventory 89 488 521 193
Other — — — —
442 888 929 572
2023 2024 2025 Q'26
Payables 4 5 8 9
ST’ Debt — — — —
Other 6 8 6 5
31 37 48 38

Compound Annual Growth %

10y 5y 3y
Sales 1.64% 7.21% 20.87%
Cash Flow 0.00% 0.00% (51.68%)
Earnings 0.00% 23.01% 0.00%
Book Value 2.10% 0.52% 1.29%

EPS $

Mar Jun Sep Dec Year
’26 (0.04) 0.91 — — —
’25 0.36 0.88 0.74 0.54 2.52
’24 0.64 0.14 1.09 0.20 2.08
’23 0.81 0.15 0.00 0.76 1.72
’22 (0.73) (1.36) (0.75) 0.62 (2.22)
’21 0.83 1.34 0.07 0.43 2.68
’20 (3.27) 1.57 0.26 2.29 0.84
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 3 3 — — —
’25 2 2 2 20 27
’24 3 3 2 5 13
’23 2 2 2 6 13
’22 3 3 3 8 15
’21 2 2 2 14 21
’20 3 2 2 12 19
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (8) (41) (26) — —
’24 (1) 30 (74) 73 27
’23 184 (4) 15 (50) 145
’22 29 1 (60) (40) (71)
’21 244 (12) 256 (250) 238
’20 28 (281) (19) (7) (279)
’19 (13) (23) (6) 0 (42)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (8) (41) (26) — —
’24 (1) 30 (74) 73 27
’23 184 (4) 15 (50) 145
’22 29 1 (60) (40) (71)
’21 244 (12) 256 (250) 238
’20 16 (281) (19) (7) (291)
’19 (13) (30) (6) 0 (48)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 31 27 23 22 19 21 15 13 13 27 28 (1.6%) 25,458 — — +94,581.6%
Gross margin, % 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 0.0 pt
EBT 14 6 (69) 57 30 81 (60) 47 53 69 56 +19.0%
EBT margin, % 45.94 23.27 (302.30) 257.70 157.42 388.74 (397.06) 369.51 400.27 255.75 204.37 +209.8 pt
Net income 10 9 (57) 43 20 64 (46) 38 44 0 (9) n/m
Per share, $
Per share, $ Revenue 1.26 1.13 0.99 0.99 0.85 0.95 0.69 0.58 0.62 1.28 1.34 +0.2%
Earnings 0.41 0.37 (2.52) 1.73 0.84 2.68 (2.22) 1.72 2.08 2.52 2.15 +22.4%
Cash flow 0.26 (2.84) 3.34 (1.86) (12.49) 10.77 (3.20) 6.66 1.26 0.00 0.30 n/m
Capex 0.00 0.00 0.00 (0.29) (0.50) 0.00 0.00 0.00 0.00 0.00 (0.74) n/m
Free cash flow 0.26 (2.84) 3.34 (2.15) (12.99) 10.77 (3.20) 6.66 1.26 0.00 (0.44) n/m
Book value 35.14 38.59 37.55 39.83 40.30 42.29 40.42 41.66 41.82 44.04 45.12 +2.5%
Shares, m 25 24 23 23 22 22 22 22 21 21 21 (1.9%)
Valuation, ×
Valuation, × P/E 81.71 91.76 0.00 22.53 41.32 16.10 0.00 20.35 16.55 14.90 14.63 30.5
P/S 26.68 30.01 35.47 39.55 41.38 45.46 60.01 60.08 55.51 29.33 23.48 42.3
P/B 0.95 0.88 0.93 0.98 0.87 1.02 1.03 0.84 130.78 0.85 0.70 13.9
EV/Sales 16.65 19.15 17.52 24.19 39.30 30.21 45.66 35.05 27.59 15.74 — 27.1
EV/FCF 78.90 (7.62) 5.18 (11.08) (2.57) 2.78 (8.52) 3.32 23.02 (31.91) — 5.2
Cash, $m
Cash, $m Operating cash flow 7 (68) 77 (42) (279) 238 (71) 145 27 — 6 +19.2%
Capex — — — (7) (11) — — — — — (15) +70.1%
Free cash flow 7 (68) 77 (48) (291) 238 (71) 145 27 — (9) +19.2%
Balance, $m
Balance, $m Working capital 606 660 631 347 361 387 396 412 851 881 534 +4.2%
Net debt (314) (293) (410) (342) (40) (319) (218) (317) (368) (365) (347) +1.7%
Shareholders’ equity 874 918 866 897 901 935 890 907 893 925 929 +0.6%
Returns, %
Returns, % ROA 1.14 0.90 (5.92) 3.99 1.72 4.98 (4.59) 4.00 4.72 5.54 4.63 +4.4 pt
ROIC (1.37) (2.04) (1.84) (1.49) (0.90) (1.93) (1.05) (1.80) (1.53) (1.01) (0.83) +0.4 pt
ROE 1.26 0.99 (6.51) 4.44 2.09 6.45 (5.36) 4.17 9.72 921.50 4.85 +920.2 pt
People
People Employees 72 71 62 39 25 25 24 25 24 — — (12.8%)
Revenue/emp, $m 0.43 0.38 0.37 0.57 0.76 0.84 0.63 0.51 0.55 0.00 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Associated Capital Group, Inc. vs peers in Asset Management (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
BCSF Bain Capital Specialty Finance, Inc. $724.6M 11.3× 10.3× −12.14% (below 0%: shrinking) −40.54% (below 0%: shrinking) +10,857.59% (above 0%: growing) 100.00% 80.20% Compare
PFLT PennantPark Floating Rate Capital Ltd. $677.7M 13.4× 11.7× +4.07% (above 0%: growing) −57.89% (below 0%: shrinking) +392.80% (above 0%: growing) 100.00% 77.14% Compare
NMFC New Mountain Finance Corporation $661.2M — (loss-making) 39.1× −30.93% (below 0%: shrinking) −64.00% (below 0%: shrinking) −46.09% (below 0%: shrinking) 100.00% 0.00% Compare
ACGP Associated Capital Group, Inc. $649.9M 14.6× 4.2× +13.32% (above 0%: growing) +3.41% (above 0%: growing) +254.80% (above 0%: growing) 100.00% (314.07%)
SLRC SLR Investment Corp. $643.0M 11.3× 10.4× −13.42% (below 0%: shrinking) −67.67% (below 0%: shrinking) +77.74% (above 0%: growing) 100.00% 71.09% Compare
TIPT Tiptree Financial Inc. $640.0M 1.6× — (loss-making) −100.00% (below 0%: shrinking) −17.82% (below 0%: shrinking) −238.91% (below 0%: shrinking) 100.00% 0.00% Compare
GAIN Gladstone Investment Corporation $594.9M 3.6× 41.5× +20.43% (above 0%: growing) n/m +116.07% (above 0%: growing) 63.66% 76.50% Compare
NCDL Nuveen Churchill Direct Lending Corp. $585.9M 13.8× 11.0× −14.54% (below 0%: shrinking) −22.61% (below 0%: shrinking) +70.77% (above 0%: growing) 100.00% 78.80% Compare
VINP Vinci Compass Investments Ltd. $563.4M 11.8× 14.6× +30.12% (above 0%: growing) −26.32% (below 0%: shrinking) +17.98% (above 0%: growing) 100.00% 27.59% Compare
Median of peers $641.5M 11.3× 11.7× −12.78% −40.54% +74.26% 100.00% 73.80%

All 121 Asset Management stocks →

Pay and ownership Proxy statement filed 28 April 2025

Chief executive’s pay

Year Total pay Actually paid $100 invested
2024 1.84m 1.90m 87.16
2023 1.44m 1.06m 85.53

Ownership

Directors and executive officers, together 5.90% of Class A
Horizon Kinetics Asset Management LLC* 41.80% of Class A
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Associated Capital Group, Inc. (ACGP) Latest News

15 May

Impact 3 · · GlobeNewswire

2 Apr

Impact 3 · · GlobeNewswire

4 Feb

Impact 3 · · Associated Press Finance
Impact 3 · · GlobeNewswire

5 Jan

Impact 3 · · GlobeNewswire

7 Nov

Impact 4 · · GlobeNewswireMT NewswiresSimply Wall St.ZacksMT NewswiresInsider MonkeyGuruFocus.com
Impact 3 ·
Impact 3 · · GlobeNewswire

2 Oct

Impact 3 · · GlobeNewswireZacksInsider MonkeyZacks

5 Sep

Impact 3 · · GlobeNewswire

4 Sep

Impact 3 ·

3 Sep

Impact 3 · · Simply Wall St.

15 Aug

Impact 3 ·

7 Aug

Impact 4 · · Simply Wall St.

6 Aug

Impact 4 · · GlobeNewswire
Impact 3 · · Associated Press Finance

11 Jul

Impact 3 ·

7 Jul

Impact 3 ·

26 May

Impact 3 · · Simply Wall St.

10 May

Impact 3 · · Simply Wall St.

8 May

Impact 3 · · GlobeNewswire

25 Apr

Impact 3 · · Simply Wall St.

20 Mar

Impact 3 · · Simply Wall St.

18 Feb

Impact 3 · · Simply Wall St.

5 Feb

Impact 3 · · Associated Press Finance
Impact 3 ·

20 Jan

Impact 4 · · Simply Wall St.

10 Jan

Impact 3 ·

19 Dec

Impact 4 · · Simply Wall St.

20 Nov

Impact 4 ·
stockrow.com/ACGP · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com