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Side-by-side financial comparison of Acadian Asset Management Inc. (AAMI) and Claritev Corp (CTEV). Click either name above to swap in a different company.

Claritev Corp is the larger business by last-quarter revenue ($246.6M vs $172.2M, roughly 1.4× Acadian Asset Management Inc.). Acadian Asset Management Inc. runs the higher net margin — 20.2% vs -32.7%, a 52.8% gap on every dollar of revenue. On growth, Claritev Corp posted the faster year-over-year revenue change (6.2% vs 2.6%). Over the past eight quarters, Acadian Asset Management Inc.'s revenue compounded faster (27.6% CAGR vs 2.5%).

AAMI vs CTEV — Head-to-Head

Bigger by revenue
CTEV
CTEV
1.4× larger
CTEV
$246.6M
$172.2M
AAMI
Growing faster (revenue YoY)
CTEV
CTEV
+3.6% gap
CTEV
6.2%
2.6%
AAMI
Higher net margin
AAMI
AAMI
52.8% more per $
AAMI
20.2%
-32.7%
CTEV
Faster 2-yr revenue CAGR
AAMI
AAMI
Annualised
AAMI
27.6%
2.5%
CTEV

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AAMI
AAMI
CTEV
CTEV
Revenue
$172.2M
$246.6M
Net Profit
$34.7M
$-80.6M
Gross Margin
Operating Margin
33.3%
-3.1%
Net Margin
20.2%
-32.7%
Revenue YoY
2.6%
6.2%
Net Profit YoY
-18.4%
41.6%
EPS (diluted)
$0.97
$-4.88

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
CTEV
CTEV
Q4 25
$172.2M
$246.6M
Q3 25
$144.2M
$246.0M
Q2 25
$127.4M
$241.6M
Q1 25
$119.9M
$231.3M
Q4 24
$167.8M
$232.1M
Q3 24
$123.1M
$230.5M
Q2 24
$109.0M
$233.5M
Q1 24
$105.7M
$234.5M
Net Profit
AAMI
AAMI
CTEV
CTEV
Q4 25
$34.7M
$-80.6M
Q3 25
$15.1M
$-69.8M
Q2 25
$10.1M
$-62.6M
Q1 25
$20.1M
$-71.3M
Q4 24
$42.5M
$-138.0M
Q3 24
$16.9M
$-391.4M
Q2 24
$11.0M
$-576.7M
Q1 24
$14.6M
$-539.7M
Operating Margin
AAMI
AAMI
CTEV
CTEV
Q4 25
33.3%
-3.1%
Q3 25
18.4%
4.1%
Q2 25
12.7%
6.9%
Q1 25
26.6%
4.2%
Q4 24
38.7%
-17.8%
Q3 24
21.9%
-146.7%
Q2 24
18.9%
-224.4%
Q1 24
21.7%
-207.4%
Net Margin
AAMI
AAMI
CTEV
CTEV
Q4 25
20.2%
-32.7%
Q3 25
10.5%
-28.4%
Q2 25
7.9%
-25.9%
Q1 25
16.8%
-30.8%
Q4 24
25.3%
-59.4%
Q3 24
13.7%
-169.8%
Q2 24
10.1%
-247.0%
Q1 24
13.8%
-230.1%
EPS (diluted)
AAMI
AAMI
CTEV
CTEV
Q4 25
$0.97
$-4.88
Q3 25
$0.42
$-4.23
Q2 25
$0.28
$-3.81
Q1 25
$0.54
$-4.38
Q4 24
$1.11
$-8.49
Q3 24
$0.45
$-24.25
Q2 24
$0.29
$-35.78
Q1 24
$0.37
$-33.40

Balance Sheet & Financial Strength

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

Metric
AAMI
AAMI
CTEV
CTEV
Cash + ST InvestmentsLiquidity on hand
$16.8M
Total DebtLower is stronger
$200.0M
$4.6B
Stockholders' EquityBook value
$-173.9M
Total Assets
$677.0M
$4.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAMI
AAMI
CTEV
CTEV
Q4 25
$16.8M
Q3 25
$39.2M
Q2 25
$56.4M
Q1 25
$23.1M
Q4 24
$16.8M
Q3 24
$86.6M
Q2 24
$48.8M
Q1 24
$58.7M
Total Debt
AAMI
AAMI
CTEV
CTEV
Q4 25
$200.0M
$4.6B
Q3 25
$4.5B
Q2 25
$4.5B
Q1 25
$4.5B
Q4 24
$275.0M
$4.5B
Q3 24
$4.5B
Q2 24
$4.5B
Q1 24
$4.5B
Stockholders' Equity
AAMI
AAMI
CTEV
CTEV
Q4 25
$-173.9M
Q3 25
$-101.8M
Q2 25
$-39.9M
Q1 25
$14.8M
Q4 24
$84.0M
Q3 24
$207.6M
Q2 24
$603.4M
Q1 24
$1.2B
Total Assets
AAMI
AAMI
CTEV
CTEV
Q4 25
$677.0M
$4.9B
Q3 25
$751.4M
$5.0B
Q2 25
$672.3M
$5.1B
Q1 25
$677.3M
$5.1B
Q4 24
$703.2M
$5.2B
Q3 24
$555.2M
$5.3B
Q2 24
$533.1M
$5.7B
Q1 24
$544.9M
$6.4B
Debt / Equity
AAMI
AAMI
CTEV
CTEV
Q4 25
Q3 25
Q2 25
Q1 25
304.87×
Q4 24
53.67×
Q3 24
21.73×
Q2 24
7.48×
Q1 24
3.85×

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
CTEV
CTEV
Operating Cash FlowLast quarter
$-2.4M
$66.3M
Free Cash FlowOCF − Capex
$36.4M
FCF MarginFCF / Revenue
14.8%
Capex IntensityCapex / Revenue
12.1%
Cash ConversionOCF / Net Profit
-0.07×
TTM Free Cash FlowTrailing 4 quarters
$-12.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAMI
AAMI
CTEV
CTEV
Q4 25
$-2.4M
$66.3M
Q3 25
$-23.9M
$19.9M
Q2 25
$61.6M
$61.2M
Q1 25
$-48.8M
$-30.1M
Q4 24
$55.8M
$-33.4M
Q3 24
$69.6M
$72.8M
Q2 24
$45.7M
$18.5M
Q1 24
$-40.4M
$49.7M
Free Cash Flow
AAMI
AAMI
CTEV
CTEV
Q4 25
$36.4M
Q3 25
$-16.3M
Q2 25
$36.6M
Q1 25
$-68.9M
Q4 24
$-63.8M
Q3 24
$41.1M
Q2 24
$-7.0M
Q1 24
$19.2M
FCF Margin
AAMI
AAMI
CTEV
CTEV
Q4 25
14.8%
Q3 25
-6.6%
Q2 25
15.2%
Q1 25
-29.8%
Q4 24
-27.5%
Q3 24
17.8%
Q2 24
-3.0%
Q1 24
8.2%
Capex Intensity
AAMI
AAMI
CTEV
CTEV
Q4 25
12.1%
Q3 25
14.7%
Q2 25
10.2%
Q1 25
16.8%
Q4 24
13.1%
Q3 24
13.8%
Q2 24
10.9%
Q1 24
13.0%
Cash Conversion
AAMI
AAMI
CTEV
CTEV
Q4 25
-0.07×
Q3 25
-1.58×
Q2 25
6.10×
Q1 25
-2.43×
Q4 24
1.31×
Q3 24
4.12×
Q2 24
4.15×
Q1 24
-2.77×

Financial Flow Comparison

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

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