General American Investors Company, Inc.

NYSE:GAM Stock Report

Market Cap: US$1.2b

General American Investors Company Past Earnings Performance

Past criteria checks 4/6

General American Investors Company has been growing earnings at an average annual rate of 10.9%, while the Capital Markets industry saw earnings growing at 7.8% annually. Revenues have been growing at an average rate of 6.2% per year. General American Investors Company's return on equity is 18.5%, and it has net margins of 1059.6%.

Key information

10.9%

Earnings growth rate

11.8%

EPS growth rate

Capital Markets Industry Growth10.3%
Revenue growth rate6.2%
Return on equity18.5%
Net Margin1,059.6%
Last Earnings Update30 Jun 2024

Recent past performance updates

No updates

Recent updates

GAM: Moving To Hold After The Run-Up (Rating Downgrade)

Oct 08

GAM: Very Attractive 18% Discount, Variable Income, And Solid Past Performance

Jun 02

GAM: A Robust Way To Extract Equity Dividends In A Low VIX Environment

Jan 18

GAM Seems To Have Lost Its Mojo

Nov 12

GAM: When Looking For A CEF With Over 50 Years Of Track Record

Dec 27

General American Investors declares $2.50 dividend

Nov 04

Revenue & Expenses Breakdown

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


Earnings and Revenue History

NYSE:GAM Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 2427283160
31 Mar 2427305160
31 Dec 2326262150
30 Sep 2324239140
30 Jun 2322226130
31 Mar 2320-76130
31 Dec 2218-189120
30 Sep 2217-165130
30 Jun 2216-132130
31 Mar 2215180140
31 Dec 2115282150
30 Sep 2115293150
30 Jun 2115362150
31 Mar 2115396130
31 Dec 201566120
30 Sep 201728110
30 Jun 2018-37110
31 Mar 2021-109120
31 Dec 1921286130
30 Sep 192114120
30 Jun 192193120
31 Mar 192156120
31 Dec 1821-83120
30 Sep 1821125140
30 Jun 182195130
31 Mar 182283130
31 Dec 1722159140
30 Sep 1722147130
30 Jun 1721152130
31 Mar 1721142140
31 Dec 162173130
30 Sep 162592130
30 Jun 1626-58130
31 Mar 1626-55130
31 Dec 1528-40140
30 Sep 1526-68140
30 Jun 152627130
31 Mar 152586140
31 Dec 142373130
30 Sep 1422151140
30 Jun 1421247140
31 Mar 1420206140
31 Dec 1319307140

Quality Earnings: GAM has a large one-off gain of $285.6M impacting its last 12 months of financial results to 30th June, 2024.

Growing Profit Margin: GAM's current net profit margins are higher than last year .


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: GAM's earnings have grown by 10.9% per year over the past 5 years.

Accelerating Growth: GAM's earnings growth over the past year (25.7%) exceeds its 5-year average (10.9% per year).

Earnings vs Industry: GAM earnings growth over the past year (25.7%) exceeded the Capital Markets industry 12.6%.


Return on Equity

High ROE: GAM's Return on Equity (18.5%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:02
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

General American Investors Company, Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution