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Side-by-side financial comparison of Acadian Asset Management Inc. (AAMI) and MP Materials Corp. (MP). 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 $90.6M, roughly 1.9× MP Materials Corp.). Acadian Asset Management Inc. runs the higher net margin — 20.2% vs -8.8%, a 28.9% gap on every dollar of revenue. On growth, MP Materials Corp. posted the faster year-over-year revenue change (49.1% vs 2.6%). Over the past eight quarters, MP Materials Corp.'s revenue compounded faster (70.3% CAGR vs 27.6%).

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

MP Materials Corp. is a U.S.-based producer of rare earth materials. The company owns and operates the Mountain Pass mine in California, the only active rare earth mining and processing facility in the Western Hemisphere, producing essential materials for electric vehicles, wind turbines, and defense applications.

AAMI vs MP — Head-to-Head

Bigger by revenue
AAMI
AAMI
1.9× larger
AAMI
$172.2M
$90.6M
MP
Growing faster (revenue YoY)
MP
MP
+46.4% gap
MP
49.1%
2.6%
AAMI
Higher net margin
AAMI
AAMI
28.9% more per $
AAMI
20.2%
-8.8%
MP
Faster 2-yr revenue CAGR
MP
MP
Annualised
MP
70.3%
27.6%
AAMI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AAMI
AAMI
MP
MP
Revenue
$172.2M
$90.6M
Net Profit
$34.7M
$-8.0M
Gross Margin
Operating Margin
33.3%
Net Margin
20.2%
-8.8%
Revenue YoY
2.6%
49.1%
Net Profit YoY
-18.4%
64.8%
EPS (diluted)
$0.97
$-0.04

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
MP
MP
Q1 26
$90.6M
Q4 25
$172.2M
$52.7M
Q3 25
$144.2M
$53.6M
Q2 25
$127.4M
$57.4M
Q1 25
$119.9M
$60.8M
Q4 24
$167.8M
$61.0M
Q3 24
$123.1M
$62.9M
Q2 24
$109.0M
$31.3M
Net Profit
AAMI
AAMI
MP
MP
Q1 26
$-8.0M
Q4 25
$34.7M
$9.4M
Q3 25
$15.1M
$-41.8M
Q2 25
$10.1M
$-30.9M
Q1 25
$20.1M
$-22.6M
Q4 24
$42.5M
$-22.3M
Q3 24
$16.9M
$-25.5M
Q2 24
$11.0M
$-34.1M
Operating Margin
AAMI
AAMI
MP
MP
Q1 26
Q4 25
33.3%
-7.0%
Q3 25
18.4%
-125.2%
Q2 25
12.7%
-76.5%
Q1 25
26.6%
-57.2%
Q4 24
38.7%
-72.1%
Q3 24
21.9%
-62.8%
Q2 24
18.9%
-171.1%
Net Margin
AAMI
AAMI
MP
MP
Q1 26
-8.8%
Q4 25
20.2%
17.9%
Q3 25
10.5%
-78.0%
Q2 25
7.9%
-53.8%
Q1 25
16.8%
-37.2%
Q4 24
25.3%
-36.6%
Q3 24
13.7%
-40.5%
Q2 24
10.1%
-108.9%
EPS (diluted)
AAMI
AAMI
MP
MP
Q1 26
$-0.04
Q4 25
$0.97
$0.07
Q3 25
$0.42
$-0.24
Q2 25
$0.28
$-0.19
Q1 25
$0.54
$-0.14
Q4 24
$1.11
$-0.12
Q3 24
$0.45
$-0.16
Q2 24
$0.29
$-0.21

Balance Sheet & Financial Strength

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

Metric
AAMI
AAMI
MP
MP
Cash + ST InvestmentsLiquidity on hand
$1.7B
Total DebtLower is stronger
$200.0M
$1.0B
Stockholders' EquityBook value
$2.0B
Total Assets
$677.0M
$3.8B
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAMI
AAMI
MP
MP
Q1 26
$1.7B
Q4 25
$1.2B
Q3 25
$1.1B
Q2 25
$261.5M
Q1 25
$198.3M
Q4 24
$282.4M
Q3 24
$284.4M
Q2 24
$295.6M
Total Debt
AAMI
AAMI
MP
MP
Q1 26
$1.0B
Q4 25
$200.0M
$998.7M
Q3 25
$997.3M
Q2 25
$910.8M
Q1 25
$909.8M
Q4 24
$275.0M
$908.7M
Q3 24
Q2 24
Stockholders' Equity
AAMI
AAMI
MP
MP
Q1 26
$2.0B
Q4 25
$2.0B
Q3 25
$2.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.1B
Total Assets
AAMI
AAMI
MP
MP
Q1 26
$3.8B
Q4 25
$677.0M
$3.9B
Q3 25
$751.4M
$3.8B
Q2 25
$672.3M
$2.3B
Q1 25
$677.3M
$2.4B
Q4 24
$703.2M
$2.3B
Q3 24
$555.2M
$2.3B
Q2 24
$533.1M
$2.4B
Debt / Equity
AAMI
AAMI
MP
MP
Q1 26
0.51×
Q4 25
0.50×
Q3 25
0.51×
Q2 25
0.90×
Q1 25
0.88×
Q4 24
0.86×
Q3 24
Q2 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
MP
MP
Operating Cash FlowLast quarter
$-2.4M
$-1.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.07×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAMI
AAMI
MP
MP
Q1 26
$-1.9M
Q4 25
$-2.4M
$-46.9M
Q3 25
$-23.9M
$-42.0M
Q2 25
$61.6M
$-3.7M
Q1 25
$-48.8M
$-63.2M
Q4 24
$55.8M
$30.5M
Q3 24
$69.6M
$-6.8M
Q2 24
$45.7M
$30.8M
Free Cash Flow
AAMI
AAMI
MP
MP
Q1 26
Q4 25
$-109.3M
Q3 25
$-92.5M
Q2 25
$-32.7M
Q1 25
$-93.7M
Q4 24
$-11.2M
Q3 24
$-53.3M
Q2 24
$-15.6M
FCF Margin
AAMI
AAMI
MP
MP
Q1 26
Q4 25
-207.4%
Q3 25
-172.8%
Q2 25
-56.9%
Q1 25
-154.0%
Q4 24
-18.3%
Q3 24
-84.7%
Q2 24
-50.1%
Capex Intensity
AAMI
AAMI
MP
MP
Q1 26
Q4 25
118.5%
Q3 25
94.3%
Q2 25
50.5%
Q1 25
50.1%
Q4 24
68.3%
Q3 24
73.8%
Q2 24
148.7%
Cash Conversion
AAMI
AAMI
MP
MP
Q1 26
Q4 25
-0.07×
-4.97×
Q3 25
-1.58×
Q2 25
6.10×
Q1 25
-2.43×
Q4 24
1.31×
Q3 24
4.12×
Q2 24
4.15×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AAMI
AAMI

Segment breakdown not available.

MP
MP

Materials Segment$72.2M80%
Magnetics Segment$21.1M23%

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