Acadian Asset Management Inc. (AAMI)

Acadian Asset Management Inc. is a publicly owned asset management holding company. The firm provides its services to individuals and institutions. It manages separate client focused portfolios through its subsidiaries. The firm also launches equity mutual funds for its clients. It invests in public equity, fixed income, and alternative investment markets through its subsidiaries. The firm was founded in 1980 is based Boston, Massachusetts. It was formally known as BrightSphere Investment Group plc. Acadian Asset Management Inc. was formed in 1980 and is based in Boston, Massachusetts.

Symbol
AAMI
Exchange
NYSE
Sector
Financial Services
Industry
Asset Management
Market cap
$3.27B
52 week range
41.47 - 98.52

Valuation

Share price
$91.51 (close of 2026-09-23)
P/E (TTM)
32.30x
Price to book
24.53x
Price to free cash flow
-95.82x
Enterprise value
$3.44B
Book value per share
$3.74

Price performance

PeriodChange
1 day-2.76%
5 days+4.61%
1 month-0.86%
3 months+25.34%
6 months+75.54%
Year to date+94.70%
1 year+88.91%
3 years+355.50%
5 years+238.93%
10 years+578.86%
All time+555.99%

Profitability and growth

Return on equity
95.24%
Return on invested capital
43.21%
Return on assets
11.82%
Gross margin
23.43%
Net margin
14.19%
EBITDA margin
23.43%
Revenue growth
11.49%
Net income growth
-5.88%
Free cash flow growth
-104.30%

Cash flow and balance sheet

Free cash flow yield (TTM)
-1.04%
Net debt to EBITDA
0.87x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$563.70M
Cost of revenue
$431.60M
Gross profit
$132.10M
EBITDA
$132.10M
Net income
$80.00M
Earnings per share
$2.21
Shares outstanding
36.19M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$563.70M$132.10M$80.00M$2.21
2024-12-31$505.60M$135.50M$85.00M$2.25
2023-12-31$426.60M$106.00M$65.80M$1.59
2022-12-31$417.20M$167.90M$100.60M$2.39
2021-12-31$523.80M$145.80M$828.40M$10.73
2020-12-31$697.90M$131.70M$286.70M$3.53
2019-12-31$807.00M$222.20M$223.90M$2.45
2018-12-31$905.00M$83.80M$136.40M$1.27
2017-12-31$858.00M$71.00M$4.20M$0.04

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3123.43%14.19%95.24%43.21%
2024-12-3126.80%16.81%97.59%29.25%
2023-12-3124.85%15.42%163.68%32.06%
2022-12-3140.24%24.11%-465.74%59.90%
2021-12-3127.84%158.15%-4706.82%46.08%
2020-12-3118.87%41.08%74.58%12.68%
2019-12-3127.53%27.74%195.55%32.89%
2018-12-319.26%15.07%101.64%26.77%
2017-12-318.28%0.49%3.30%-

Cash and debt by year

Period endCashDebt
2025-12-31$124.40M$200.00M
2024-12-31$98.50M$275.00M
2023-12-31$147.60M$275.00M
2022-12-31$121.20M$275.00M
2021-12-31$252.10M$400.00M
2020-12-31$372.90M$400.00M
2019-12-31$82.10M$568.80M
2018-12-31$283.00M$393.30M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$-2.40M$-47.70M
2024-12-31$55.80M$-23.20M
2023-12-31$68.30M$100.00K
2022-12-31$116.80M-
2021-12-31$-11.50M-
2020-12-31$90.50M-
2019-12-31$-138.50M-
2018-12-31$195.10M-
2017-12-31$139.70M-

Dividend history

Most recent payment
2026-09-11
Paid in the last twelve months
$0.31
Payment dateDividend per share
2026-09-11$0.10
2026-06-12$0.10
2026-03-13$0.10
2025-12-12$0.01
2025-09-12$0.01
2025-06-13$0.01
2025-03-14$0.01
2024-12-13$0.01

Investor relations

Next earnings report

Next confirmed report
2026-10-29
Consensus EPS estimate
$1.15

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-30Jun/2026$1.03
2026-04-30--
2026-02-05--
2025-10-30--
2025-07-31--
2025-05-01--
2025-02-06--
2024-10-31--

Filings and sources

Company website
acadian-inc.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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