FS KKR Capital Corp. (FSK) vs GCM Grosvenor Inc. (GCMG)
FS KKR Capital Corp. and GCM Grosvenor Inc. are both Asset Management companies. FS KKR Capital Corp. is the larger, with a market value of $3.1B against $2.6B — 1.2× the size. FS KKR Capital Corp. has negative trailing earnings, so its P/E is not meaningful; GCM Grosvenor Inc. trades at 16.7×. FS KKR Capital Corp. grew revenue faster over the last twelve months: −20.1% against −22.4%. GCM Grosvenor Inc. has the higher net margin (0.00% vs −28.5%) and the higher return on invested capital (28.1% vs 2.98%). Both pay a dividend; FS KKR Capital Corp. yields more (12.7% vs 5.47%). Across the 22 metrics below, FS KKR Capital Corp. leads on 11 and GCM Grosvenor Inc. on 11.
Valuation
Profitability
| Metric | FSK | GCMG | Asset Management median |
|---|---|---|---|
| Gross margin | 100.00% | 0.00% | 100.00% |
| Operating margin | 75.06% | 0.00% | 33.03% |
| Net margin | (28.52%) | 0.00% | 13.53% |
| Free cash flow margin | 146.24% | 0.00% | 12.44% |
| Return on equity | (6.66%) | 87.47% | 4.83% |
| Return on assets | (2.82%) | 6.77% | 1.57% |
| Return on invested capital | 2.98% | 28.07% | 3.04% |
Growth
Health
Dividend
Size
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