Great Elm Capital Corp.

Great Elm Capital Corp.

GECC
Great Elm Capital Corp.US flagNASDAQ Global Market
6.08
USD
-0.12
- -
70.11MMarket Cap
Great Elm Capital Corp.
GECC
(NASDAQ Global Market)

Recent

price

6.08

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
4.35
4.09
4.63
-3.49
-1.8
-1.74
-0.11
-2.5
-2.15
-12.45
-1.25
-2.36
4.19
1.02
-1.9
-2.15
Revenue per Share
3.23
2.49
3.01
-4.69
-2.11
-2.57
-1.42
-4.7
-4.09
-14.35
-2.52
-2.49
3.33
0.36
-2.57
-2.61
Basic EPS, GAAP
18.55
-12.35
-8.21
-12.72
-12.73
10.62
-12.5
-15.9
-13.28
12.3
-14.36
-6.68
3.38
-8.4
-0.23
2.1
Free Cash Flow per Basic Share
3.39
6.16
5.13
4.54
3.89
2.11
6.58
6.65
6.93
2.24
2.44
2.08
1.4
1.53
1.56
1.47
Dividend per Share
-0.31
-0.06
-0.1
-0.01
0.05
0.03
-34.05
-46
-57.63
-67.86
-41.97
-31.88
-24.34
-19.91
-19.89
-19.87
Book Value per Share
63.33
49.65
48.05
44.92
40.51
21.36
68.1
57.48
47.14
35.76
18.3
13.57
12.99
13.83
9.14
8.52
Tangible Book Value per Share
1
1
1
2
2
4
2
2
2
2
4
6
8
10
12
13
Basic Weighted Avg Shares
4
4
6
-6
-4
-7
- -
-5
-4
-28
-5
-15
32
10
-23
-27
Sales/Revenue/Turnover
99.02
170.79
92.13
-106.44
-193.64
-95.49
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
3
3
4
-8
-5
-10
-3
-9
-8
-32
-10
-16
25
4
-32
-33
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.13
- -
- -
- -
Effective Tax Rate (%)
74.25
60.89
65.08
134.53
116.92
147.24
1,336.89
187.88
190.82
115.31
201.79
105.55
79.59
35.53
135.42
121.37
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
3
22
50
29
33
33
31
76
120
116
142
153
140
190
189
169
LT Debt
56
53
61
73
100
81
132
110
87
80
75
85
99
136
113
107
Total Equity
- -
9.77
4.67
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
-8,421.45
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
14
14
Market Capitalization
118
83
63

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
2
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.31%
8.93%
-17.02%
Free Cash Flow
-161.65%
-204.43%
-96.59%
Net Income, GAAP
-81.03%
-271.89%
-994.71%
Sales/Revenue/Turnover
215.05%
-122.12%
-334.73%
Total Cash Common Dividend
16.37%
36.21%
27.63%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
- -
5
4
10
2025
2
13
-19
-20
-23
2026
-2
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.05
-0.14
0.33
- -
0.36
2025
0.04
1.02
-1.79
- -
-2.57
2026
-0.05
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.47
0.35
0.35
- -
1.53
2025
0.42
0.37
0.4
- -
1.56
2026
0.3
- -
- -
- -
- -
Business
Great Elm Capital Corp. (NASDAQ: GECC) is an externally managed, total-return-focused business development company that generates current income and capital appreciation by investing in debt and income-generating equity securities of middle-market companies, with a particular emphasis on specialty finance businesses; these investments include secured and senior secured loans, mezzanine debt, bonds, preferred equities, direct investments, club deals, and public market securities, as well as equity and debt in specialty finance companies such as factoring, early-stage business financing, asset-backed lending, small and medium business lending, asset-based lending, and healthcare-focused businesses. The company, founded in 2017 and headquartered at 3801 PGA Boulevard, Suite 603, Palm Beach Gardens, Florida, operates primarily in the United States, targeting sectors like media, commercial services, healthcare, telecommunications, and communications equipment, with typical equity investments ranging from $3 million to $10 million in companies generating revenues between $3 million and $75 million. Great Elm Capital Corp. maintains over 99% of its portfolio in performing, income-producing assets and aims to increase specialty finance investments to approximately 50% of its portfolio through equity and debt capital raises. Recent developments include a November 2022 partnership with Berkadia on a healthcare secured lending venture; a $15 million equity raise in August 2025 through the issuance of 1.3 million shares at $11.65 per share to an affiliate of new director Booker Smith, marking nearly $30 million in equity raised over the past 12 months to support growth and investment opportunities; a 5.7% dividend increase to $0.37 per share plus a $0.05 special dividend for Q4 2025; and a $10 million share repurchase program approved by the board. The company is managed under the umbrella of Great Elm Group, Inc., which oversees its operations alongside other alternative asset strategies in credit, real estate, and specialty finance.

Company News

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