GAMCO Investors Past Earnings Performance

Past criteria checks 3/6

GAMCO Investors's earnings have been declining at an average annual rate of -8.3%, while the Capital Markets industry saw earnings growing at 9.5% annually. Revenues have been declining at an average rate of 5.6% per year. GAMCO Investors's return on equity is 31.8%, and it has net margins of 25.8%.

Key information

-8.3%

Earnings growth rate

-5.9%

EPS growth rate

Capital Markets Industry Growth	15.2%
Revenue growth rate	-5.6%
Return on equity	31.8%
Net Margin	25.8%
Last Earnings Update	31 Mar 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How GAMCO Investors makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:6JV Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Mar 24	233	60	33
31 Dec 23	236	60	33
30 Sep 23	240	65	33
30 Jun 23	243	61	33
31 Mar 23	249	64	32
31 Dec 22	259	66	32
30 Sep 22	279	55	32
30 Jun 22	293	75	31
31 Mar 22	303	75	35
31 Dec 21	301	73	36
30 Sep 21	291	82	37
30 Jun 21	276	69	36
31 Mar 21	258	63	34
31 Dec 20	260	59	34
30 Sep 20	275	63	35
30 Jun 20	289	61	39
31 Mar 20	308	73	43
31 Dec 19	312	82	44
30 Sep 19	307	81	45
30 Jun 19	318	102	45
31 Mar 19	328	110	43
31 Dec 18	341	117	48
30 Sep 18	359	107	53
30 Jun 18	362	89	58
31 Mar 18	362	80	60
31 Dec 17	361	78	58
30 Sep 17	362	97	61
30 Jun 17	361	111	57
31 Mar 17	358	116	56
31 Dec 16	353	117	51
30 Sep 16	343	102	61
30 Jun 16	348	94	65
31 Mar 16	363	90	71
31 Dec 15	381	87	77
30 Sep 15	389	95	78
30 Jun 15	408	96	81
31 Mar 15	417	101	84
31 Dec 14	422	106	84
30 Sep 14	446	114	77
30 Jun 14	432	123	77
31 Mar 14	416	122	74
31 Dec 13	378	90	66
30 Sep 13	374	101	67
30 Jun 13	360	87	62

Quality Earnings: 6JV has high quality earnings.

Growing Profit Margin: 6JV's current net profit margins (25.8%) are higher than last year (25.7%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 6JV's earnings have declined by 8.3% per year over the past 5 years.

Accelerating Growth: 6JV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 6JV had negative earnings growth (-6.1%) over the past year, making it difficult to compare to the Capital Markets industry average (5.1%).

GAMCO Investors Past Earnings Performance

Past criteria checks 3/6

Key information

Recent past performance updates

First quarter 2024 earnings released: EPS: US$0.64 (vs US$0.62 in 1Q 2023)

Full year 2023 earnings released: EPS: US$2.38 (vs US$2.52 in FY 2022)

Second quarter 2023 earnings released: EPS: US$0.58 (vs US$0.66 in 2Q 2022)

First quarter 2023 earnings released: EPS: US$0.62 (vs US$0.67 in 1Q 2022)

Full year 2022 earnings released: EPS: US$2.52 (vs US$2.79 in FY 2021)

Third quarter 2022 earnings released: EPS: US$0.36 (vs US$1.11 in 3Q 2021)

Recent updates

First quarter dividend of US$0.24 announced

GAMCO Investors, Inc. Approves Special Dividend, Payable on June 25, 2024

First quarter 2024 earnings released: EPS: US$0.64 (vs US$0.62 in 1Q 2023)

GAMCO Investors, Inc. Approves Special Dividend, Payable on June 25, 2024

GAMCO Investors, Inc. Provides Earnings Guidance for the First Quarter of 2024

Full year 2023 earnings released: EPS: US$2.38 (vs US$2.52 in FY 2022)

Upcoming dividend of US$0.04 per share

Third quarter dividend of US$0.04 announced

Gamco Investors, Inc. Declares Regular Quarterly Dividend, Payable on March 26, 2024

Upcoming dividend of US$0.04 per share at 0.8% yield

GAMCO Investors, Inc. Declares Regular Quarterly Dividend, Payable on December 26, 2023

KKR North America Fund XIII SCSp, managed by Kohlberg Kravis Roberts & Co. L.P. (NYSE:KKR) acquired CIRCOR International, Inc. (NYSE:CIR) from a group of shareholders.

GAMCO Investors, Inc. Provides Earnings Guidance for the Third Quarter 2023

Upcoming dividend of US$0.04 per share at 0.8% yield

New minor risk - Dividend sustainability

Second quarter 2023 earnings released: EPS: US$0.58 (vs US$0.66 in 2Q 2022)

GAMCO Investors, Inc. Declares Regular Quarterly Dividend, Payable on September 26, 2023

L3Harris Technologies, Inc. (NYSE:LHX) completed the acquisition Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) from a group of shareholders.

L3Harris Technologies, Inc. (NYSE:LHX) completed the acquisition Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) from a group of shareholders.

Upcoming dividend of US$0.04 per share at 0.8% yield

First quarter 2023 earnings released: EPS: US$0.62 (vs US$0.67 in 1Q 2022)

GAMCO Investors, Inc. Declares Regular Quarterly Dividend, Payable on June 27, 2023

Upcoming dividend of US$0.04 per share at 0.8% yield

Full year 2022 earnings released: EPS: US$2.52 (vs US$2.79 in FY 2021)

GAMCO Investors, Inc. Declares Regular Quarterly Dividend to Class A and Class B Shareholders, Payable on March 28, 2023

Upcoming dividend of US$0.04 per share

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: US$0.36 (vs US$1.11 in 3Q 2021)

GAMCO Investors, Inc. Declares Regular Quarterly Dividend, Payable on December 27, 2022

Nordson Corporation (NasdaqGS:NDSN) completed the acquisition of CyberOptics Corporation (NasdaqGM:CYBE) from GAMCO Investors, Inc. (OTCPK:GAMI), Royce & Associates, LP, Aigh Capital Management, LLC and others.

Investor sentiment deteriorated over the past week

GAMCO Investors, Inc.(NYSE:GBL) dropped from S&P Global BMI Index

GAMCO Investors, Inc. Provides Earnings Guidance for the Third Quarter of 2022

Compagnie de Saint-Gobain S.A. (ENXTPA:SGO) completed the acquisition of GCP Applied Technologies Inc. (NYSE:GCP) from a group of shareholders.

Investor sentiment deteriorated over the past week

Upcoming dividend of US$0.04 per share

GAMCO Investors, Inc. Adding Doug Jamieson to Office of the CEO

Second quarter 2022 earnings released: EPS: US$0.66 (vs US$0.65 in 2Q 2021)

GAMCO Investors, Inc. Declares Regular Quarterly Dividend to Class A and Class B Shareholders, Payable on September 27, 2022

Alexis Glick joins GAMCO Board of Directors

Upcoming dividend of US$0.04 per share

Gabelli Utilities Fund Announces Distribution Policy for New C1 Class

Gamco Investors, Inc. Declares Quarterly Dividend, Payable on June 28, 2022

First quarter 2022 earnings released: EPS: US$0.66 (vs US$0.60 in 1Q 2021)

GAMCO Investors, Inc., Annual General Meeting, Jun 02, 2022

Insufficient new directors

GAMCO Investors, Inc. Provides Earnings Guidance for the First Quarter of 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of US$0.04 per share

GAMCO Investors, Inc. Appoints Doug Jamieson to the Board of Directors

GAMCO Investors, Inc. Declares Regular Quarterly Dividend, Payable on March 29, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

GAMCO Investors, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2021

GAMCO Investors, Inc. to Launch Third ETF – the Gabelli Asset ETF (Gast)

Upcoming dividend of US$0.04 per share

Third quarter 2021 earnings released: EPS US$1.11 (vs US$0.62 in 3Q 2020)

Upcoming dividend of US$0.02 per share

Second quarter 2021 earnings released: EPS US$0.65 (vs US$0.42 in 2Q 2020)

Upcoming dividend of US$0.02 per share

Investor sentiment deteriorated over the past week

Upcoming dividend of US$2.00 per share

First quarter 2021 earnings released: EPS US$0.60 (vs US$0.42 in 1Q 2020)

GAMCO Investors, Inc. Declares Special Dividend, Payable on June 15, 2021

GAMCO Investors, Inc. Provides Earnings Guidance for the First Quarter 2021

Executive VP, General Counsel & Secretary has left the company

New 90-day high: €16.55

Full year 2020 earnings released: EPS US$2.21 (vs US$2.99 in FY 2019)

Full year 2020 earnings released: EPS US$2.22 (vs US$2.99 in FY 2019)

New 90-day high: €15.58