9 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has declined 4.2% per year over the past 5 years.
Net income has grown slower than revenue (-22.5% vs -4.2% per year).
Operating margin has expanded, at 23.4% in the latest year.
Financial health
Total debt ($200M) exceeds cash ($124M); net debt is $76M.
Total debt has grown slower than revenue (-12.9% vs -4.2% per year).
Operating income covered interest expense 6.1× in the latest year.
Total debt is 1.5× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$564M
$80M
0.0%
23.4%
—
$200M
$124M
2024
$506M
$85M
0.0%
26.8%
—
$275M
$99M
2023
$427M
$66M
0.0%
24.8%
—
$275M
$148M
2022
$417M
$101M
0.0%
40.2%
—
$275M
$121M
2021
—
$828M
—
—
—
$400M
$252M
2020
$698M
$287M
0.0%
18.9%
—
$400M
$373M
2019
$807M
$224M
0.0%
27.5%
—
$569M
$82M
2018
$905M
$136M
0.0%
9.3%
—
$393M
$283M
2017
$858M
$4M
0.0%
8.3%
—
—
$200M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$167M
$24M
0.0%
25.1%
—
—
$150M
Dec '25
$172M
$35M
0.0%
33.3%
—
$200M
$124M
Sep '25
$144M
$15M
0.0%
18.4%
—
—
$139M
Jun '25
$127M
$10M
0.0%
12.7%
—
—
$94M
Mar '25
$120M
$20M
0.0%
26.6%
—
—
$123M
Dec '24
$168M
$43M
0.0%
38.7%
—
$275M
$99M
Sep '24
$123M
$17M
0.0%
21.9%
—
—
$71M
Jun '24
$109M
$11M
0.0%
18.9%
—
—
$73M
Mar '24
$106M
$15M
0.0%
21.7%
—
—
$103M
Dec '23
$131M
$23M
0.0%
27.1%
—
$275M
$148M
Sep '23
$107M
$20M
0.0%
28.1%
—
—
$143M
Jun '23
$96M
$11M
0.0%
21.2%
$36M
—
$153M
Mar '23
$92M
$12M
0.0%
21.6%
-$39M
—
$167M
Dec '22
—
$30M
—
—
—
$275M
$121M
Sep '22
$87M
$18M
0.0%
34.7%
$29M
—
$101M
Jun '22
—
$29M
—
—
$40M
—
$92M
Mar '22
—
$24M
—
—
-$18M
—
$89M
Dec '21
—
$39M
—
—
—
$400M
$252M
Sep '21
—
$230M
—
—
-$34M
—
$1.4B
Jun '21
—
$533M
—
—
$62M
—
$1.2B
Valuation over time
How the market has priced AAMI against its own fundamentals since 2025-01 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 10.4× (Jan '25) to 31.1× (Jun '26).
The price-to-sales ratio has risen from 1.8× (Jan '25) to 4.4× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is AAMI growing its revenue and profit?
Over the past 5 years, Acadian Asset Management Inc.'s revenue has declined 4.2% per year, and net income declined 22.5% per year. These are computed facts, not advice.
How much debt does AAMI have?
As of FY2025, Acadian Asset Management Inc. reported $200M of total debt against $124M of cash; operating income covered interest expense 6.1×.
What is AAMI's profit margin?
In FY2025, gross margin was —, operating margin 23.4%, and net margin 14.2%.
What is AAMI's P/E ratio?
As of Jun '26, Acadian Asset Management Inc. traded at a price-to-earnings ratio of about 31.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.