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Side-by-side financial comparison of Acadian Asset Management Inc. (AAMI) and Abacus Global Management, Inc. (ABX). Click either name above to swap in a different company.

Acadian Asset Management Inc. is the larger business by last-quarter revenue ($172.2M vs $71.9M, roughly 2.4× Abacus Global Management, Inc.). Acadian Asset Management Inc. runs the higher net margin — 20.2% vs 10.1%, a 10.1% gap on every dollar of revenue. On growth, Abacus Global Management, Inc. posted the faster year-over-year revenue change (116.5% vs 2.6%). Over the past eight quarters, Abacus Global Management, Inc.'s revenue compounded faster (82.9% CAGR vs 27.6%).

United Asset Management was an American holding company headquartered in Boston, Massachusetts.

Abacus Group is a ASX 200 public listed company that specialises in investing in Australian Real estate investment trusts with an investment portfolio concentrated in the Office and Self Storage sectors. They manage legacy investments in property developments. The company was known as Abacus Property Group until August 2023, when they split off their self-storage business, Abacus Storage King.

AAMI vs ABX — Head-to-Head

Bigger by revenue
AAMI
AAMI
2.4× larger
AAMI
$172.2M
$71.9M
ABX
Growing faster (revenue YoY)
ABX
ABX
+113.9% gap
ABX
116.5%
2.6%
AAMI
Higher net margin
AAMI
AAMI
10.1% more per $
AAMI
20.2%
10.1%
ABX
Faster 2-yr revenue CAGR
ABX
ABX
Annualised
ABX
82.9%
27.6%
AAMI

Income Statement — Q4 2025 vs Q4 2025

Metric
AAMI
AAMI
ABX
ABX
Revenue
$172.2M
$71.9M
Net Profit
$34.7M
$7.2M
Gross Margin
88.8%
Operating Margin
33.3%
31.7%
Net Margin
20.2%
10.1%
Revenue YoY
2.6%
116.5%
Net Profit YoY
-18.4%
139.6%
EPS (diluted)
$0.97
$0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAMI
AAMI
ABX
ABX
Q4 25
$172.2M
$71.9M
Q3 25
$144.2M
$63.0M
Q2 25
$127.4M
$56.2M
Q1 25
$119.9M
$44.1M
Q4 24
$167.8M
$33.2M
Q3 24
$123.1M
$28.1M
Q2 24
$109.0M
$29.1M
Q1 24
$105.7M
$21.5M
Net Profit
AAMI
AAMI
ABX
ABX
Q4 25
$34.7M
$7.2M
Q3 25
$15.1M
$7.1M
Q2 25
$10.1M
$17.6M
Q1 25
$20.1M
$4.6M
Q4 24
$42.5M
$-18.3M
Q3 24
$16.9M
$-5.1M
Q2 24
$11.0M
$770.0K
Q1 24
$14.6M
$-1.3M
Gross Margin
AAMI
AAMI
ABX
ABX
Q4 25
88.8%
Q3 25
87.8%
Q2 25
89.2%
Q1 25
83.9%
Q4 24
88.8%
Q3 24
92.2%
Q2 24
90.6%
Q1 24
87.3%
Operating Margin
AAMI
AAMI
ABX
ABX
Q4 25
33.3%
31.7%
Q3 25
18.4%
35.6%
Q2 25
12.7%
40.1%
Q1 25
26.6%
47.6%
Q4 24
38.7%
-50.5%
Q3 24
21.9%
24.3%
Q2 24
18.9%
23.3%
Q1 24
21.7%
10.5%
Net Margin
AAMI
AAMI
ABX
ABX
Q4 25
20.2%
10.1%
Q3 25
10.5%
11.2%
Q2 25
7.9%
31.3%
Q1 25
16.8%
10.5%
Q4 24
25.3%
-55.0%
Q3 24
13.7%
-18.2%
Q2 24
10.1%
2.6%
Q1 24
13.8%
-6.3%
EPS (diluted)
AAMI
AAMI
ABX
ABX
Q4 25
$0.97
$0.06
Q3 25
$0.42
$0.07
Q2 25
$0.28
$0.18
Q1 25
$0.54
$0.05
Q4 24
$1.11
$-0.26
Q3 24
$0.45
$-0.07
Q2 24
$0.29
$0.01
Q1 24
$0.37
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAMI
AAMI
ABX
ABX
Cash + ST InvestmentsLiquidity on hand
$38.1M
Total DebtLower is stronger
$200.0M
$405.8M
Stockholders' EquityBook value
$418.5M
Total Assets
$677.0M
$902.2M
Debt / EquityLower = less leverage
0.97×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAMI
AAMI
ABX
ABX
Q4 25
$38.1M
Q3 25
$86.4M
Q2 25
$74.8M
Q1 25
$43.8M
Q4 24
$131.9M
Q3 24
$19.4M
Q2 24
$91.3M
Q1 24
$65.4M
Total Debt
AAMI
AAMI
ABX
ABX
Q4 25
$200.0M
$405.8M
Q3 25
$409.3M
Q2 25
Q1 25
Q4 24
$275.0M
$380.8M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AAMI
AAMI
ABX
ABX
Q4 25
$418.5M
Q3 25
$434.6M
Q2 25
$416.5M
Q1 25
$430.6M
Q4 24
$423.3M
Q3 24
$257.9M
Q2 24
$256.8M
Q1 24
$165.3M
Total Assets
AAMI
AAMI
ABX
ABX
Q4 25
$677.0M
$902.2M
Q3 25
$751.4M
$918.9M
Q2 25
$672.3M
$848.4M
Q1 25
$677.3M
$856.5M
Q4 24
$703.2M
$874.2M
Q3 24
$555.2M
$477.3M
Q2 24
$533.1M
$483.9M
Q1 24
$544.9M
$376.7M
Debt / Equity
AAMI
AAMI
ABX
ABX
Q4 25
0.97×
Q3 25
0.94×
Q2 25
Q1 25
Q4 24
0.90×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAMI
AAMI
ABX
ABX
Operating Cash FlowLast quarter
$8.7M
$-7.4M
Free Cash FlowOCF − Capex
$-7.6M
FCF MarginFCF / Revenue
-10.5%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
0.25×
-1.03×
TTM Free Cash FlowTrailing 4 quarters
$-26.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAMI
AAMI
ABX
ABX
Q4 25
$8.7M
$-7.4M
Q3 25
$-23.9M
$-32.8M
Q2 25
$61.6M
$76.1M
Q1 25
$-48.8M
$-61.6M
Q4 24
$-19.1M
$-92.0M
Q3 24
$69.6M
$-52.3M
Q2 24
$45.7M
$-67.1M
Q1 24
$-40.4M
$2.5M
Free Cash Flow
AAMI
AAMI
ABX
ABX
Q4 25
$-7.6M
Q3 25
$-32.9M
Q2 25
$75.7M
Q1 25
$-61.8M
Q4 24
$-92.2M
Q3 24
$-52.5M
Q2 24
$-67.2M
Q1 24
$2.4M
FCF Margin
AAMI
AAMI
ABX
ABX
Q4 25
-10.5%
Q3 25
-52.3%
Q2 25
134.6%
Q1 25
-140.0%
Q4 24
-277.5%
Q3 24
-186.6%
Q2 24
-231.3%
Q1 24
10.9%
Capex Intensity
AAMI
AAMI
ABX
ABX
Q4 25
0.2%
Q3 25
0.3%
Q2 25
0.8%
Q1 25
0.5%
Q4 24
0.6%
Q3 24
0.9%
Q2 24
0.7%
Q1 24
0.8%
Cash Conversion
AAMI
AAMI
ABX
ABX
Q4 25
0.25×
-1.03×
Q3 25
-1.58×
-4.63×
Q2 25
6.10×
4.33×
Q1 25
-2.43×
-13.28×
Q4 24
-0.45×
Q3 24
4.12×
Q2 24
4.15×
-87.09×
Q1 24
-2.77×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AAMI
AAMI

Segment breakdown not available.

ABX
ABX

Life Solutions Segment$63.0M88%
Asset Management Segment$8.7M12%

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