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.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $564M | $182M | $80M | $-14M | 132.0% | 11.5% | -5.9% |
| 2024 | $506M | $164M | $85M | $46M | 425.0% | 18.5% | 29.2% |
| 2023 | $427M | $133M | $66M | $55M | 163.7% | 2.3% | -34.6% |
| 2022 | $417M | $184M | $101M | $101M | -465.7% | - | - |
| 2021 |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 417.20 | 426.60 | 505.60 | 563.70 |
| Cost Of Revenue | - | 159.60 | 220.70 | 266.40 | 323 |
| Gross Profit | - | 257.60 | 205.90 | 239.20 | 240.70 |
| Operating Expense | - | 89.70 | 99.90 | 103.70 | 108.60 |
| Operating Income | - | 167.90 | 106 | 135.50 | 132.10 |
| EBITDA | - | 183.90 | 133.40 | 163.60 | 181.50 |
| EBIT | - | 165.30 | 116.10 | 145.10 | 164.90 |
| Pretax Income | - | 144.80 | 96.50 | 125.70 | 143.20 |
| Tax Provision | - | 44.20 | 29.40 | 38.90 | 36.60 |
| Net Income | - | 100.60 | 65.80 | 85 | 80 |
| Net Income Common Stockholders | - | 100.60 | 65.80 | 85 | 80 |
| Total Expenses | - | 249.30 | 320.60 | 370.10 | 431.60 |
| Interest Expense | - | 20.50 | 19.60 | 19.40 | 21.70 |
| Interest Income | - | 0.80 | 6.10 | 3.50 | 3.70 |
| Selling General And Administration | - | 71.10 | 82.60 | 85.20 | 92 |
| Normalized EBITDA | - | 187.30 | 129.40 | 157.50 | 152.40 |
| Normalized Income | - | 102.96 | 63.02 | 80.79 | 58.35 |
| Market Cap | 2,421.28 | 2,421.28 | 2,421.28 | 2,421.28 | 2,421.28 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Acadian Asset Management Inc.this co. | AAMI | $2.5B | 30.27β premium | 39.96 | 132.0% | 14.22 |
| SiriusPoint Ltd. | SPNT | $2.9B | 6.05 | 1.22 | 20.2% | - |
| Seacoast Banking Corporation of Florida | SBCF | $2.8B | 21.13 | 1.13 | 5.3% | - |
| Merchants Bancorp | MBIN | $2.8B | 10.29 | 1.30 | 12.6% | - |
| Artisan Partners Asset Management Inc. |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| APAM |
| $2.7B |
| 9.24 |
| 6.11 |
| 66.2% |
| 5.40 |
| The Bancorp, Inc. | TBBK | $2.6B | 10.71 | 3.54 | 33.1% | - |
| WisdomTree, Inc. | WT | $2.3B | 21.24 | 5.60 | 26.4% | 16.65 |
| Hilltop Holdings Inc. | HTH | $2.3B | 12.95 | 0.99 | 7.6% | - |
| Stewart Information Services Corporation | STC | $2.0B | 18.87 | 1.33 | 7.0% | - |
| Peer Median | - | 11.83 | 1.31 | 16.4% | 11.02 | |