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

Evercore Inc. is the larger business by last-quarter revenue ($1.3B vs $172.2M, roughly 7.5× Acadian Asset Management Inc.). Acadian Asset Management Inc. runs the higher net margin — 20.2% vs 15.7%, a 4.4% gap on every dollar of revenue. On growth, Evercore Inc. posted the faster year-over-year revenue change (32.4% vs 2.6%). Over the past eight quarters, Evercore Inc.'s revenue compounded faster (48.9% CAGR vs 27.6%).

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

Evercore Inc., formerly known as Evercore Partners, is a global independent investment banking advisory firm founded in 1995 by Roger Altman, David Offensend, and Austin Beutner. The firm has advised on over $4.7 trillion of merger, acquisition, and restructuring transactions since its founding.

AAMI vs EVR — Head-to-Head

Bigger by revenue
EVR
EVR
7.5× larger
EVR
$1.3B
$172.2M
AAMI
Growing faster (revenue YoY)
EVR
EVR
+29.8% gap
EVR
32.4%
2.6%
AAMI
Higher net margin
AAMI
AAMI
4.4% more per $
AAMI
20.2%
15.7%
EVR
Faster 2-yr revenue CAGR
EVR
EVR
Annualised
EVR
48.9%
27.6%
AAMI

Income Statement — Q4 2025 vs Q4 2025

Metric
AAMI
AAMI
EVR
EVR
Revenue
$172.2M
$1.3B
Net Profit
$34.7M
$204.0M
Gross Margin
Operating Margin
33.3%
24.2%
Net Margin
20.2%
15.7%
Revenue YoY
2.6%
32.4%
Net Profit YoY
-18.4%
45.2%
EPS (diluted)
$0.97
$4.80

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
EVR
EVR
Q4 25
$172.2M
$1.3B
Q3 25
$144.2M
$1.0B
Q2 25
$127.4M
$838.0M
Q1 25
$119.9M
$699.0M
Q4 24
$167.8M
$979.5M
Q3 24
$123.1M
$738.4M
Q2 24
$109.0M
$693.4M
Q1 24
$105.7M
$585.0M
Net Profit
AAMI
AAMI
EVR
EVR
Q4 25
$34.7M
$204.0M
Q3 25
$15.1M
$144.6M
Q2 25
$10.1M
$97.2M
Q1 25
$20.1M
$146.2M
Q4 24
$42.5M
$140.4M
Q3 24
$16.9M
$78.4M
Q2 24
$11.0M
$73.8M
Q1 24
$14.6M
$85.7M
Operating Margin
AAMI
AAMI
EVR
EVR
Q4 25
33.3%
24.2%
Q3 25
18.4%
20.8%
Q2 25
12.7%
18.0%
Q1 25
26.6%
16.0%
Q4 24
38.7%
21.8%
Q3 24
21.9%
16.7%
Q2 24
18.9%
15.9%
Q1 24
21.7%
14.8%
Net Margin
AAMI
AAMI
EVR
EVR
Q4 25
20.2%
15.7%
Q3 25
10.5%
13.8%
Q2 25
7.9%
11.6%
Q1 25
16.8%
20.9%
Q4 24
25.3%
14.3%
Q3 24
13.7%
10.6%
Q2 24
10.1%
10.6%
Q1 24
13.8%
14.6%
EPS (diluted)
AAMI
AAMI
EVR
EVR
Q4 25
$0.97
$4.80
Q3 25
$0.42
$3.41
Q2 25
$0.28
$2.36
Q1 25
$0.54
$3.48
Q4 24
$1.11
$3.32
Q3 24
$0.45
$1.86
Q2 24
$0.29
$1.81
Q1 24
$0.37
$2.09

Balance Sheet & Financial Strength

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

Metric
AAMI
AAMI
EVR
EVR
Cash + ST InvestmentsLiquidity on hand
$3.0B
Total DebtLower is stronger
$200.0M
Stockholders' EquityBook value
$2.0B
Total Assets
$677.0M
$5.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAMI
AAMI
EVR
EVR
Q4 25
$3.0B
Q3 25
$2.4B
Q2 25
$1.7B
Q1 25
$1.4B
Q4 24
$2.4B
Q3 24
$1.8B
Q2 24
$1.7B
Q1 24
$1.4B
Total Debt
AAMI
AAMI
EVR
EVR
Q4 25
$200.0M
Q3 25
Q2 25
Q1 25
Q4 24
$275.0M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
AAMI
AAMI
EVR
EVR
Q4 25
$2.0B
Q3 25
$1.8B
Q2 25
$1.7B
Q1 25
$1.5B
Q4 24
$1.7B
Q3 24
$1.6B
Q2 24
$1.5B
Q1 24
$1.4B
Total Assets
AAMI
AAMI
EVR
EVR
Q4 25
$677.0M
$5.4B
Q3 25
$751.4M
$4.4B
Q2 25
$672.3M
$3.7B
Q1 25
$677.3M
$3.3B
Q4 24
$703.2M
$4.2B
Q3 24
$555.2M
$3.6B
Q2 24
$533.1M
$3.3B
Q1 24
$544.9M
$3.0B

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
EVR
EVR
Operating Cash FlowLast quarter
$8.7M
$807.5M
Free Cash FlowOCF − Capex
$798.6M
FCF MarginFCF / Revenue
61.6%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
0.25×
3.96×
TTM Free Cash FlowTrailing 4 quarters
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAMI
AAMI
EVR
EVR
Q4 25
$8.7M
$807.5M
Q3 25
$-23.9M
$560.9M
Q2 25
$61.6M
$437.7M
Q1 25
$-48.8M
$-549.7M
Q4 24
$-19.1M
$686.4M
Q3 24
$69.6M
$234.5M
Q2 24
$45.7M
$348.5M
Q1 24
$-40.4M
$-281.2M
Free Cash Flow
AAMI
AAMI
EVR
EVR
Q4 25
$798.6M
Q3 25
$541.5M
Q2 25
$411.7M
Q1 25
$-569.3M
Q4 24
$673.1M
Q3 24
$226.6M
Q2 24
$340.7M
Q1 24
$-282.3M
FCF Margin
AAMI
AAMI
EVR
EVR
Q4 25
61.6%
Q3 25
51.8%
Q2 25
49.1%
Q1 25
-81.4%
Q4 24
68.7%
Q3 24
30.7%
Q2 24
49.1%
Q1 24
-48.3%
Capex Intensity
AAMI
AAMI
EVR
EVR
Q4 25
0.7%
Q3 25
1.9%
Q2 25
3.1%
Q1 25
2.8%
Q4 24
1.4%
Q3 24
1.1%
Q2 24
1.1%
Q1 24
0.2%
Cash Conversion
AAMI
AAMI
EVR
EVR
Q4 25
0.25×
3.96×
Q3 25
-1.58×
3.88×
Q2 25
6.10×
4.50×
Q1 25
-2.43×
-3.76×
Q4 24
-0.45×
4.89×
Q3 24
4.12×
2.99×
Q2 24
4.15×
4.72×
Q1 24
-2.77×
-3.28×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AAMI
AAMI

Segment breakdown not available.

EVR
EVR

Advisory Fees$1.1B87%
Commissions And Related Revenue$66.5M5%
Underwriting Fees$49.5M4%
Other$29.6M2%
Investment Management$23.2M2%

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