Saturday 17 October 2026 Export AAMI’s income statement to Excel — free account

Acadian Asset Management Inc.

Acadian Asset Management Inc.’s revenue for fiscal 2025 (year ended December 2025) was $563.7 million, up 11.5% from fiscal 2024. In the quarter to June 2026, revenue grew 45.3%, EPS grew 175.0%, free cash flow fell 65.3% and total debt fell 32.1%, each against the same quarter a year earlier. Dividend growth for five consecutive years, revenue growth for three.

92.16 0.65 −0.70%

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Market cap: $3.3B
P/E: 32.5×
Fwd P/E: 0.0×
Dividend yield: 0.34%
F-score: 5/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 157.68

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	2	—	—	1	1	—	1	—	—

Insider Ownership 0.81%

Capital & Financial Ratios $m

Market Cap 3,290.00

Revenue 668.50

Net Income 101.40

Free Cash Flow (50.10)

Net Debt 114.20

Current Ratio 0.82

Debt/Equity 1.50

P/E ratio 32.45

Fwd P/E 0.00

P/S ratio 4.91

P/B ratio 24.63

Past 5Y EPS Growth (8.73%)

This Y EPS Growth 62.46%

Next Y EPS Growth 19.60%

Next Y revenue growth 38.74%

Next 5Y EPS Growth 33.54%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 91.82%

10-year low 10-year high

P/S against its own 10 years 97.94%

10-year low 10-year high

P/B against its own 10 years 84.50%

10-year low 10-year high

Dividends

Payout Ratio 0.11

Annual Dividend Rate 0.31

Annual Dividend Yield 0.34%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.41	0.10 0.10 0.10
2025	0.04	0.01 0.01 0.01 0.01
2024	0.04	0.01 0.01 0.01 0.01
2023	0.04	0.01 0.01 0.01 0.01
2022	0.04	0.01 0.01 0.01 0.01
2021	0.04	0.01 0.01 0.01 0.01
2020	0.23	0.10 0.10 0.01 0.01 0.01
2019	0.40	0.10 0.10 0.10 0.10
2018	0.39	0.09 0.10 0.10 0.10
2017	0.35	0.08 0.09 0.09 0.09
2016	0.32	0.08 0.08 0.08 0.08

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	148	99	124	86
Receivables	146	168	181	220
Inventory	—	—	—	—
Other	—	—	—	—
	363	345	383	399

	2023	2024	2025	Q'26
Payables	39	38	59	151
ST’ Debt	274	274	200	200
Other	4	20	8	41
	421	456	401	485

Compound Annual Growth %

	10y	5y	3y
Sales	(2.13%)	2.45%	10.55%
Cash Flow	0.00%	0.00%	0.00%
Earnings	(6.43%)	(22.53%)	(7.35%)
Book Value	(6.58%)	(26.23%)	0.00%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	167	185	—	—	—
’25	120	127	144	172	564
’24	106	109	123	168	506
’23	92	96	107	131	427
’22	112	96	87	123	417
’21	110	133	118	163	524
’20	147	123	128	103	500

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(45)	26	—	—	—
’25	(49)	62	(24)	9	(2)
’24	(40)	46	70	(19)	56
’23	(35)	39	21	43	68
’22	(14)	44	33	54	117
’21	(20)	66	(30)	(27)	(11)
’20	(33)	96	30	(1)	91

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(49)	20	—	—	—
’25	(51)	59	(27)	5	(14)
’24	(43)	43	67	(22)	46
’23	(39)	36	18	40	55
’22	(18)	40	29	50	101
’21	(24)	62	(34)	(31)	(27)
’20	(39)	86	24	(6)	65

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.68	0.76	—	—	—
’25	0.54	0.28	0.42	0.97	2.21
’24	0.37	0.29	0.45	1.13	2.22
’23	0.28	0.27	0.46	0.54	1.55
’22	0.53	0.67	0.42	0.72	2.34
’21	0.33	6.42	2.76	0.53	10.04
’20	0.38	0.23	0.46	2.42	3.49

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	10.27	13.20	10.04	8.40	3.61	17.86	14.73	15.23	18.09	22.60	Analyst estimates 2026–2028 Powerpack
	High	15.52	17.22	18.62	14.87	19.78	31.17	26.48	26.88	31.52	54.99
People
People	Employees	1,286	1,342	960	936	800	350	354	387	383	396
	Revenue/emp, $m	0.52	0.66	0.97	0.88	0.62	1.50	1.18	1.10	1.32	1.42
Income, $m
Income, $m	Revenue	664	887	928	820	500	524	417	427	506	564
	Gross margin, %	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00
	EBT	161	142	135	258	345	178	145	97	126	143
	EBT margin, %	24.24	16.00	14.57	31.48	69.03	34.00	34.71	22.62	24.86	25.40
	Net income	126	9	130	240	315	896	101	66	85	80
	Depreciation	12	18	21	24	20	22	19	17	19	17
Per share, $
Per share, $	Revenue	5.57	8.02	8.64	8.99	6.14	6.79	9.91	10.28	13.38	15.57
	Earnings	1.06	0.04	1.27	2.48	3.49	10.04	2.34	1.58	2.25	2.21
	Cash flow	1.16	2.04	1.82	(1.52)	1.11	(0.15)	2.77	1.65	1.48	(0.07)
	Capex	(0.11)	(0.12)	(0.20)	(0.37)	(0.31)	(0.20)	(0.38)	(0.33)	(0.26)	(0.33)
	Free cash flow	1.04	1.91	1.61	(1.89)	0.80	(0.34)	2.39	1.31	1.21	(0.39)
	Book value	1.38	1.15	1.25	1.26	4.73	(0.23)	(0.51)	1.19	2.30	2.32
	Shares, m	119	111	107	91	81	77	42	42	38	36
Valuation, ×
Valuation, ×	P/E	13.75	555.67	8.41	4.12	5.42	2.44	8.57	11.97	11.65	21.27
	P/S	2.59	2.08	1.24	1.14	3.14	3.77	2.07	1.83	1.97	3.02
	P/B	10.43	14.50	8.55	8.14	4.08	0.00	0.00	15.76	11.43	20.25
	EV/Sales	9.20	2.33	1.32	1.68	3.22	4.09	2.48	2.18	2.36	3.19
	EV/FCF	49.17	9.78	7.08	(8.00)	24.82	(80.48)	10.29	17.03	25.99	(125.78)
Cash, $m
Cash, $m	Operating cash flow	138	226	195	(138)	91	(11)	117	68	56	(2)
	Capex	(13)	(14)	(22)	(34)	(26)	(15)	(16)	(14)	(10)	(12)
	Free cash flow	124	212	173	(172)	65	(27)	101	55	46	(14)
Balance, $m
Balance, $m	Working capital	(223)	(120)	59	(189)	71	(52)	(91)	(58)	(111)	(18)
	Total debt	784	426	786	569	394	395	274	274	274	200
	Net debt	682	226	441	448	21	143	152	126	176	76
	Shareholders’ equity	165	127	134	115	384	(18)	(22)	50	87	84
Returns, %
Returns, %	ROA	10.95	0.30	8.96	15.06	20.49	79.12	16.31	11.64	12.93	11.59
	ROIC	11.48	12.56	9.11	27.82	20.28	72.78	80.29	37.68	32.21	51.73
	ROE	76.40	2.87	104.32	180.06	114.93	451.69	(513.27)	471.68	124.45	93.51

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CNS Cohen & Steers Inc	$3.6B	21.3×	22.3×	+12.20% (above 0%: growing)	+33.33% (above 0%: growing)	+194.97% (above 0%: growing)	100.00%	34.55%	Compare
AAMI Acadian Asset Management Inc.	$3.3B	32.5×	— (loss-making)	+45.29% (above 0%: growing)	+175.00% (above 0%: growing)	−65.25% (below 0%: shrinking)	100.00%	17.50%
WT WisdomTree, Inc.	$3.3B	38.1×	23.9×	+57.31% (above 0%: growing)	+76.47% (above 0%: growing)	+95.88% (above 0%: growing)	100.00%	40.53%	Compare
AB AllianceBernstein Holding L.P.	$3.2B	10.3×	—	—	+20.31% (above 0%: growing)	−13.25% (below 0%: shrinking)	—	—	Compare
GBDC Golub Capital BDC, Inc.	$3.2B	18.6×	15.6×	−14.02% (below 0%: shrinking)	−35.29% (below 0%: shrinking)	+196.17% (above 0%: growing)	100.00%	77.88%	Compare
HTGC Hercules Capital, Inc.	$3.1B	7.8×	8.8×	+8.48% (above 0%: growing)	+59.09% (above 0%: growing)	+305.69% (above 0%: growing)	100.00%	77.89%	Compare
FSK FS KKR Capital Corp.	$3.0B	— (loss-making)	— (loss-making)	−27.14% (below 0%: shrinking)	n/m	+618.52% (above 0%: growing)	100.00%	76.90%	Compare
SII Sprott Inc.	$2.9B	26.5×	13.0×	+23.09% (above 0%: growing)	+155.77% (above 0%: growing)	+64.22% (above 0%: growing)	100.00%	56.77%	Compare
APAM Artisan Partners Asset Management Inc.	$2.7B	7.8×	10.2×	+8.90% (above 0%: growing)	+18.09% (above 0%: growing)	+126.73% (above 0%: growing)	40.90%	27.48%	Compare
Median of peers	$3.2B	18.6×	14.3×	+8.90%	+33.33%	+160.85%	100.00%	56.77%

All 120 Asset Management stocks →

Acadian Asset Management Inc. (AAMI) key facts

Strength: Acadian Asset Management Inc.’s revenue for fiscal 2025 (year ended December 2025) was $563.7 million, up 11.5% from fiscal 2024.
Acadian Asset Management Inc. (AAMI) is an Asset Management company in the Financial sector, listed on the New York Stock Exchange.
As of October 16, 2026, AAMI traded at $92.16, a market capitalization of $3.3 billion.
Acadian Asset Management Inc. pays an annual dividend of $0.31 per share, a yield of 0.34%, with a payout ratio of 11.0%.
Return on equity was 93.5% and debt-to-equity 1.50.
Its Piotroski F-score is 5 out of 9 for fiscal 2025.