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Side-by-side financial comparison of Acadian Asset Management Inc. (AAMI) and National Energy Services Reunited Corp. (NESR). Click either name above to swap in a different company.

National Energy Services Reunited Corp. is the larger business by last-quarter revenue ($295.3M vs $172.2M, roughly 1.7× Acadian Asset Management Inc.). Acadian Asset Management Inc. runs the higher net margin — 20.2% vs 6.0%, a 14.1% gap on every dollar of revenue. On growth, Acadian Asset Management Inc. posted the faster year-over-year revenue change (2.6% vs -12.2%).

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

National Energy Services Reunited Corp. is a leading integrated oilfield services provider offering a full suite of solutions covering well construction, completion, production, and intervention services for upstream oil and gas operators. Its core markets cover the Middle East, North Africa, and East Asia, serving both national oil companies and international energy clients.

AAMI vs NESR — Head-to-Head

Bigger by revenue
NESR
NESR
1.7× larger
NESR
$295.3M
$172.2M
AAMI
Growing faster (revenue YoY)
AAMI
AAMI
+14.8% gap
AAMI
2.6%
-12.2%
NESR
Higher net margin
AAMI
AAMI
14.1% more per $
AAMI
20.2%
6.0%
NESR

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
AAMI
AAMI
NESR
NESR
Revenue
$172.2M
$295.3M
Net Profit
$34.7M
$17.7M
Gross Margin
12.0%
Operating Margin
33.3%
6.6%
Net Margin
20.2%
6.0%
Revenue YoY
2.6%
-12.2%
Net Profit YoY
-18.4%
-14.0%
EPS (diluted)
$0.97
$0.18

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
NESR
NESR
Q4 25
$172.2M
Q3 25
$144.2M
$295.3M
Q2 25
$127.4M
$327.4M
Q1 25
$119.9M
$303.1M
Q4 24
$167.8M
Q3 24
$123.1M
$336.2M
Q2 24
$109.0M
$325.0M
Q1 24
$105.7M
Net Profit
AAMI
AAMI
NESR
NESR
Q4 25
$34.7M
Q3 25
$15.1M
$17.7M
Q2 25
$10.1M
$15.2M
Q1 25
$20.1M
$10.4M
Q4 24
$42.5M
Q3 24
$16.9M
$20.6M
Q2 24
$11.0M
$18.9M
Q1 24
$14.6M
Gross Margin
AAMI
AAMI
NESR
NESR
Q4 25
Q3 25
12.0%
Q2 25
13.4%
Q1 25
12.4%
Q4 24
Q3 24
15.9%
Q2 24
16.4%
Q1 24
Operating Margin
AAMI
AAMI
NESR
NESR
Q4 25
33.3%
Q3 25
18.4%
6.6%
Q2 25
12.7%
8.3%
Q1 25
26.6%
6.9%
Q4 24
38.7%
Q3 24
21.9%
10.5%
Q2 24
18.9%
10.5%
Q1 24
21.7%
Net Margin
AAMI
AAMI
NESR
NESR
Q4 25
20.2%
Q3 25
10.5%
6.0%
Q2 25
7.9%
4.6%
Q1 25
16.8%
3.4%
Q4 24
25.3%
Q3 24
13.7%
6.1%
Q2 24
10.1%
5.8%
Q1 24
13.8%
EPS (diluted)
AAMI
AAMI
NESR
NESR
Q4 25
$0.97
Q3 25
$0.42
$0.18
Q2 25
$0.28
$0.16
Q1 25
$0.54
$0.11
Q4 24
$1.11
Q3 24
$0.45
$0.22
Q2 24
$0.29
$0.20
Q1 24
$0.37

Balance Sheet & Financial Strength

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

Metric
AAMI
AAMI
NESR
NESR
Cash + ST InvestmentsLiquidity on hand
$69.7M
Total DebtLower is stronger
$200.0M
$274.1M
Stockholders' EquityBook value
$956.7M
Total Assets
$677.0M
$1.8B
Debt / EquityLower = less leverage
0.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAMI
AAMI
NESR
NESR
Q4 25
Q3 25
$69.7M
Q2 25
$131.8M
Q1 25
$78.7M
Q4 24
Q3 24
$118.2M
Q2 24
$75.0M
Q1 24
Total Debt
AAMI
AAMI
NESR
NESR
Q4 25
$200.0M
Q3 25
$274.1M
Q2 25
$291.7M
Q1 25
$309.2M
Q4 24
$275.0M
Q3 24
$358.7M
Q2 24
$376.7M
Q1 24
Stockholders' Equity
AAMI
AAMI
NESR
NESR
Q4 25
Q3 25
$956.7M
Q2 25
$936.9M
Q1 25
$920.5M
Q4 24
Q3 24
$873.5M
Q2 24
$851.4M
Q1 24
Total Assets
AAMI
AAMI
NESR
NESR
Q4 25
$677.0M
Q3 25
$751.4M
$1.8B
Q2 25
$672.3M
$1.8B
Q1 25
$677.3M
$1.8B
Q4 24
$703.2M
Q3 24
$555.2M
$1.8B
Q2 24
$533.1M
$1.8B
Q1 24
$544.9M
Debt / Equity
AAMI
AAMI
NESR
NESR
Q4 25
Q3 25
0.29×
Q2 25
0.31×
Q1 25
0.34×
Q4 24
Q3 24
0.41×
Q2 24
0.44×
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
NESR
NESR
Operating Cash FlowLast quarter
$-2.4M
$6.7M
Free Cash FlowOCF − Capex
$-34.1M
FCF MarginFCF / Revenue
-11.5%
Capex IntensityCapex / Revenue
13.8%
Cash ConversionOCF / Net Profit
-0.07×
0.38×
TTM Free Cash FlowTrailing 4 quarters
$68.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAMI
AAMI
NESR
NESR
Q4 25
$-2.4M
Q3 25
$-23.9M
$6.7M
Q2 25
$61.6M
$98.5M
Q1 25
$-48.8M
$20.5M
Q4 24
$55.8M
Q3 24
$69.6M
$70.8M
Q2 24
$45.7M
Q1 24
$-40.4M
Free Cash Flow
AAMI
AAMI
NESR
NESR
Q4 25
Q3 25
$-34.1M
Q2 25
$68.7M
Q1 25
$-9.6M
Q4 24
Q3 24
$43.4M
Q2 24
Q1 24
FCF Margin
AAMI
AAMI
NESR
NESR
Q4 25
Q3 25
-11.5%
Q2 25
21.0%
Q1 25
-3.2%
Q4 24
Q3 24
12.9%
Q2 24
Q1 24
Capex Intensity
AAMI
AAMI
NESR
NESR
Q4 25
Q3 25
13.8%
Q2 25
9.1%
Q1 25
9.9%
Q4 24
Q3 24
8.1%
Q2 24
Q1 24
Cash Conversion
AAMI
AAMI
NESR
NESR
Q4 25
-0.07×
Q3 25
-1.58×
0.38×
Q2 25
6.10×
6.48×
Q1 25
-2.43×
1.97×
Q4 24
1.31×
Q3 24
4.12×
3.43×
Q2 24
4.15×
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.

NESR
NESR

Production Services$174.4M59%
Drilling And Evaluation Services$120.9M41%

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