What is Acadian Asset Management Inc's earnings per share (EPS)?

Acadian Asset Management Inc (AAMI) reported diluted earnings per share of $2.21 for fiscal year 2025. This represents a -0.5% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Acadian Asset Management Inc Financials

AAMI

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows Acadian Asset Management Inc (AAMI) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI AAMI FY2025 2026-05-07

Reported profitability remains strong, but cash conversion broke down as deleveraging slowly improved the balance sheet.

The latest year produced $563.7M of revenue but still ended with -$2.4M of operating cash flow. Because the prior two years turned reported earnings into positive operating cash, cash conversion weakened just as operating leverage faded, meaning the extra revenue was supported by less favorable timing or accrual movements rather than by cleaner cash generation.

The balance sheet has become less debt-heavy, with long-term debt reduced to $200M from $275M. Even so, debt-to-equity remained 2.4x, so the capital structure still leans on borrowed money more than on equity and leaves a thinner cushion if results soften.

Across the last three years, operating margin stayed above 23.0%, which points to a structurally high-margin model that can stay profitable without requiring a balance sheet much larger than revenue. But the latest step down from 26.8% to 23.4% shows recent growth came with more cost drag than in the previous year.

Financial Health Signals

Financial Profile 48/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Acadian Asset Management Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Acadian Asset Management Inc has an operating margin of 23.4%, meaning the company retains $23 of operating profit per $100 of revenue. This strong profitability earns a score of 77/100, reflecting efficient cost management and pricing power. This is down from 26.8% the prior year.

Growth

Acadian Asset Management Inc's revenue grew 11.5% year-over-year to $563.7M, a solid pace of expansion. This earns a growth score of 58/100.

Leverage

Acadian Asset Management Inc has a moderate D/E ratio of 2.38. This balance of debt and equity financing earns a leverage score of 53/100.

Returns

100

Acadian Asset Management Inc earns a strong 95.2% return on equity (ROE), meaning it generates $95 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 100/100. This is down from 97.6% the prior year.

Piotroski F-Score Weak

3/9

Acadian Asset Management Inc passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, all 1 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Low Quality

-0.03x

For every $1 of reported earnings, Acadian Asset Management Inc generates $-0.03 in operating cash flow (-$2.4M OCF vs $80.0M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Interest Coverage Safe

6.1x

Acadian Asset Management Inc earns $6.1 in operating income for every $1 of interest expense ($132.1M vs $21.7M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$563.7M

YoY+11.5%

5Y CAGR-4.2%

Acadian Asset Management Inc generated $563.7M in revenue in fiscal year 2025. This represents an increase of 11.5% from the prior year.

EBITDA

N/A

Net Income

$80.0M

YoY-5.9%

5Y CAGR-22.5%

Acadian Asset Management Inc reported $80.0M in net income in fiscal year 2025. This represents a decrease of 5.9% from the prior year.

EPS (Diluted)

$2.21

YoY-0.5%

5Y CAGR-8.7%

Acadian Asset Management Inc earned $2.21 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 0.5% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$124.4M

YoY+26.3%

5Y CAGR-19.7%

Acadian Asset Management Inc held $124.4M in cash against $200.0M in long-term debt as of fiscal year 2025.

Dividends Per Share

$0.04

YoY+0.0%

5Y CAGR-21.0%

Acadian Asset Management Inc paid $0.04 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Shares Outstanding

N/A

Margins & Returns

Gross Margin

N/A

Operating Margin

23.4%

YoY-3.4pp

5Y CAGR+4.6pp

Acadian Asset Management Inc's operating margin was 23.4% in fiscal year 2025, reflecting core business profitability. This is down 3.4 percentage points from the prior year.

Net Margin

14.2%

YoY-2.6pp

5Y CAGR-26.9pp

Acadian Asset Management Inc's net profit margin was 14.2% in fiscal year 2025, showing the share of revenue converted to profit. This is down 2.6 percentage points from the prior year.

Return on Equity

95.2%

YoY-2.3pp

5Y CAGR+20.7pp

Acadian Asset Management Inc's ROE was 95.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.3 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

N/A

AAMI Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$563.7M+11.5%	$505.6M+18.5%	$426.6M+2.3%	$417.2M-20.4%	$523.8M-24.9%	$697.9M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	$132.1M-2.5%	$135.5M+27.8%	$106.0M-36.9%	$167.9M+15.2%	$145.8M+10.7%	$131.7M
Interest Expense	$21.7M+11.9%	$19.4M-1.0%	$19.6M+199.5%	-$19.7M+19.9%	-$24.6M+11.8%	-$27.9M
Income Tax	$36.6M-5.9%	$38.9M+32.3%	$29.4M-33.5%	$44.2M-11.6%	$50.0M-48.5%	$97.1M
Net Income	$80.0M-5.9%	$85.0M+29.2%	$65.8M-34.6%	$100.6M-87.9%	$828.4M+188.9%	$286.7M
EPS (Diluted)	$2.21-0.5%	$2.22+43.2%	$1.55-33.5%	$2.33-77.4%	$10.29+194.8%	$3.49

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$167.0M-3.0%	$172.2M+19.4%	$144.2M+13.2%	$127.4M+6.3%	$119.9M-28.5%	$167.8M+36.3%	$123.1M+12.9%	$109.0M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$2.0M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	$41.9M-27.0%	$57.4M+115.8%	$26.6M+64.2%	$16.2M-49.2%	$31.9M-50.9%	$65.0M+140.7%	$27.0M+31.1%	$20.6M
Interest Expense	$3.4M-51.4%	$7.0M+52.2%	$4.6M-13.2%	$5.3M+10.4%	$4.8M+9.1%	$4.4M-6.4%	$4.7M-11.3%	$5.3M
Income Tax	$13.2M-19.5%	$16.4M+121.6%	$7.4M+64.4%	$4.5M-45.8%	$8.3M-53.4%	$17.8M+89.4%	$9.4M+67.9%	$5.6M
Net Income	$24.3M-30.0%	$34.7M+129.8%	$15.1M+49.5%	$10.1M-49.8%	$20.1M-52.7%	$42.5M+151.5%	$16.9M+53.6%	$11.0M
EPS (Diluted)	$0.68	N/A	$0.42+50.0%	$0.28-48.1%	$0.54	N/A	$0.45+55.2%	$0.29

AAMI Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$677.0M-3.7%	$703.2M+15.0%	$611.4M+17.9%	$518.7M-27.4%	$714.8M-48.2%	$1.4B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$124.4M+26.3%	$98.5M-33.3%	$147.6M+21.8%	$121.2M-51.9%	$252.1M-32.4%	$372.9M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	$20.3M0.0%	$20.3M0.0%	$20.3M
Total Liabilities	$593.0M-3.7%	$616.1M+9.6%	$561.9M+4.0%	$540.3M-26.2%	$732.4M-26.4%	$994.8M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$200.0M-27.3%	$275.0M0.0%	$275.0M0.0%	$275.0M-31.3%	$400.0M0.0%	$400.0M
Total Equity	$84.0M-3.6%	$87.1M+116.7%	$40.2M+286.1%	-$21.6M-22.7%	-$17.6M-104.6%	$384.4M
Retained Earnings	N/A	N/A	N/A	N/A	-$6.8M	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$715.4M+5.7%	$677.0M-9.9%	$751.4M+11.8%	$672.3M-0.7%	$677.3M-3.7%	$703.2M+26.7%	$555.2M+4.1%	$533.1M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$150.0M+20.6%	$124.4M-10.3%	$138.7M+47.7%	$93.9M-23.8%	$123.2M+25.1%	$98.5M+38.1%	$71.3M-2.9%	$73.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$20.3M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$616.0M+3.9%	$593.0M-7.4%	$640.1M+9.3%	$585.4M+0.1%	$584.8M-5.1%	$616.1M+10.2%	$559.0M+1.3%	$551.9M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$85.0M-57.5%	$200.0M	N/A	N/A	N/A	$275.0M	N/A	N/A
Total Equity	$99.4M+18.3%	$84.0M-24.5%	$111.3M+28.1%	$86.9M-6.1%	$92.5M+6.2%	$87.1M+2392.1%	-$3.8M+79.8%	-$18.8M
Retained Earnings	$74.2M	N/A	N/A	N/A	N/A	N/A	N/A	N/A

AAMI Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$2.4M-104.3%	$55.8M-18.3%	$68.3M-41.5%	$116.8M+1115.7%	-$11.5M-112.7%	$90.5M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	$15.7M+131.3%	-$50.1M-14.1%	-$43.9M-237.7%	-$13.0M-101.3%	$1.0B+284.9%	$270.0M
Financing Cash Flow	$12.1M+122.2%	-$54.4M-3122.2%	$1.8M+100.8%	-$233.7M+80.2%	-$1.2B-1424.0%	-$77.4M
Dividends Paid	N/A	N/A	$1.6M-5.9%	$1.7M-39.3%	$2.8M-73.8%	$10.7M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$44.9M-616.1%	$8.7M+136.4%	-$23.9M-138.8%	$61.6M+226.2%	-$48.8M-155.5%	-$19.1M-127.4%	$69.6M+52.3%	$45.7M
Capital Expenditures	$3.9M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	-$48.2M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$4.2M-107.4%	$56.8M+213.1%	-$50.2M-1759.3%	-$2.7M-122.9%	$11.8M+755.6%	-$1.8M+93.9%	-$29.5M-69.5%	-$17.4M
Financing Cash Flow	$74.6M+193.4%	-$79.9M-167.2%	$118.9M+234.4%	-$88.5M-243.7%	$61.6M+26.7%	$48.6M+214.6%	-$42.4M+26.9%	-$58.0M
Dividends Paid	$2.4M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$4.7M	N/A	N/A	N/A	N/A	N/A	N/A	N/A

AAMI Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	23.4%-3.4pp	26.8%+2.0pp	24.9%-15.4pp	40.2%+12.4pp	27.8%+9.0pp	18.9%
Net Margin	14.2%-2.6pp	16.8%+1.4pp	15.4%-8.7pp	24.1%-134.0pp	158.1%+117.1pp	41.1%
Return on Equity	95.2%-2.3pp	97.6%-66.1pp	163.7%	N/A	N/A	74.6%
Return on Assets	11.8%-0.3pp	12.1%+1.3pp	10.8%-8.6pp	19.4%-96.5pp	115.9%+95.1pp	20.8%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	2.38-0.8	3.16-3.7	6.84+19.6	-12.73+10.0	-22.73-23.8	1.04
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	25.1%-8.2pp	33.3%+14.9pp	18.4%+5.7pp	12.7%-13.9pp	26.6%-12.1pp	38.7%+16.8pp	21.9%+3.0pp	18.9%
Net Margin	14.5%-5.6pp	20.2%+9.7pp	10.5%+2.5pp	7.9%-8.8pp	16.8%-8.6pp	25.3%+11.6pp	13.7%+3.6pp	10.1%
Return on Equity	24.4%-16.9pp	41.3%+27.7pp	13.6%+1.9pp	11.6%-10.1pp	21.7%-27.1pp	48.8%	N/A	N/A
Return on Assets	3.4%-1.7pp	5.1%+3.1pp	2.0%+0.5pp	1.5%-1.5pp	3.0%-3.1pp	6.0%+3.0pp	3.0%+1.0pp	2.1%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	6.20+3.8	2.38-3.4	5.75-1.0	6.74+0.4	6.32+3.2	3.16+150.3	-147.11-117.7	-29.36
FCF Margin	-30.3%	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Acadian Asset Management Inc's annual revenue?

Acadian Asset Management Inc (AAMI) reported $563.7M in total revenue for fiscal year 2025. This represents a 11.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Acadian Asset Management Inc's revenue growing?

Acadian Asset Management Inc (AAMI) revenue grew by 11.5% year-over-year, from $505.6M to $563.7M in fiscal year 2025.

Is Acadian Asset Management Inc profitable?

Yes, Acadian Asset Management Inc (AAMI) reported a net income of $80.0M in fiscal year 2025, with a net profit margin of 14.2%.

How much debt does Acadian Asset Management Inc have?

As of fiscal year 2025, Acadian Asset Management Inc (AAMI) had $124.4M in cash and equivalents against $200.0M in long-term debt.

What is Acadian Asset Management Inc's operating margin?

Acadian Asset Management Inc (AAMI) had an operating margin of 23.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Acadian Asset Management Inc's net profit margin?

Acadian Asset Management Inc (AAMI) had a net profit margin of 14.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Acadian Asset Management Inc pay dividends?

Yes, Acadian Asset Management Inc (AAMI) paid $0.04 per share in dividends during fiscal year 2025.

What is Acadian Asset Management Inc's return on equity (ROE)?

Acadian Asset Management Inc (AAMI) has a return on equity of 95.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Acadian Asset Management Inc's operating cash flow?

Acadian Asset Management Inc (AAMI) generated -$2.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Acadian Asset Management Inc's total assets?

Acadian Asset Management Inc (AAMI) had $677.0M in total assets as of fiscal year 2025, including both current and long-term assets.

What is Acadian Asset Management Inc's debt-to-equity ratio?

Acadian Asset Management Inc (AAMI) had a debt-to-equity ratio of 2.38 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Acadian Asset Management Inc's return on assets (ROA)?

Acadian Asset Management Inc (AAMI) had a return on assets of 11.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Acadian Asset Management Inc's cash runway?

Based on fiscal year 2025 data, Acadian Asset Management Inc (AAMI) had $124.4M in cash against an annual operating cash burn of $2.4M. This gives an estimated cash runway of approximately 622 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is Acadian Asset Management Inc's Piotroski F-Score?

Acadian Asset Management Inc (AAMI) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Acadian Asset Management Inc's earnings high quality?

Acadian Asset Management Inc (AAMI) has an earnings quality ratio of -0.03x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Acadian Asset Management Inc cover its interest payments?

Acadian Asset Management Inc (AAMI) has an interest coverage ratio of 6.1x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Acadian Asset Management Inc?

Acadian Asset Management Inc (AAMI) scores 48 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.