Great Elm Capital (GECC) Base Management Fees (2017 - 2026)
Great Elm Capital (GECC) reported Base Management Fees of $974,000 for Q3 2026, down 22.3% from $1.25 million a year earlier and down 4.0% from the prior quarter.
Powered by 
Analysis
Great Elm Capital (GECC) Base Management Fees (2017 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Great Elm Capital's Base Management Fees came in at $4.25 million, down 15.9% year-over-year; for FY2025, it came in at $4.99 million, up 11.9% from FY2024.
- Base Management Fees has increased for five consecutive years, with a five-year compound annual growth rate of 14.7% (FY2020 to FY2025).
- By year, Base Management Fees came in at $4.46 million in FY2024 (+25.9%), $3.54 million in FY2023 (+10.4%), $3.21 million in FY2022 (+0.7%) and $3.18 million in FY2021 (+26.7%).
- The Q3 2026 figure ranks as the lowest quarterly Base Management Fees since Q1 2024.
- Year over year, Base Management Fees has now declined in each of the last four quarters, with growth averaging 4.5% over the last eight quarters.
- The high point for year-over-year Base Management Fees in five years was Q4 2024 (growth of 40.6%); the low point was Q3 2026 (a decline of 22.3%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.02 million (Q2 2026), $1.07 million (Q1 2026) and $1.18 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - |
| 10 | Great Elm Capital | 69.59 Mn | 65.12 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 974,000.00 |
| Jun 30, 2026 | 1.02 Mn |
| Mar 31, 2026 | 1.07 Mn |
| Dec 31, 2025 | 1.18 Mn |
| Sep 30, 2025 | 1.25 Mn |
| Jun 30, 2025 | 1.28 Mn |
| Mar 31, 2025 | 1.27 Mn |
| Dec 31, 2024 | 1.25 Mn |
| Sep 30, 2024 | 1.20 Mn |
| Jun 30, 2024 | 1.07 Mn |
| Mar 31, 2024 | 940,000.00 |
| Dec 31, 2023 | 887,000.00 |
| Sep 30, 2023 | 899,000.00 |
| Jun 30, 2023 | 884,000.00 |
| Mar 31, 2023 | 869,000.00 |
| Dec 31, 2022 | 850,000.00 |
| Sep 30, 2022 | 804,000.00 |
| Jun 30, 2022 | 771,000.00 |
| Mar 31, 2022 | 780,000.00 |
| Dec 31, 2021 | 881,000.00 |
API Access
Great Elm Capital Base Management Fees API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=base-management-fees&ticker=GECC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "base-management-fees", "ticker": "GECC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=base-management-fees&ticker=GECC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();