vs

Side-by-side financial comparison of AlTi Global, Inc. (ALTI) and AFFILIATED MANAGERS GROUP, INC. (AMG). Click either name above to swap in a different company.

AFFILIATED MANAGERS GROUP, INC. is the larger business by last-quarter revenue ($556.6M vs $86.6M, roughly 6.4× AlTi Global, Inc.). AFFILIATED MANAGERS GROUP, INC. runs the higher net margin — 62.4% vs -15.1%, a 77.6% gap on every dollar of revenue. On growth, AlTi Global, Inc. posted the faster year-over-year revenue change (87.0% vs 6.2%). Over the past eight quarters, AlTi Global, Inc.'s revenue compounded faster (30.6% CAGR vs 5.5%).

Cristal Global is the world's second-largest producer of titanium dioxide and a leading producer of titanium chemicals. It was formed when The National Titanium Dioxide Company Ltd. combined with Millennium Chemicals. The headquarters are in Jeddah, Saudi Arabia. It is a significant shareholder in Bemax, the world’s 5th largest TiO2 feedstock producer.

Affiliated Managers Group, Inc. (AMG) is an American financial services firm founded in 1993 and headquartered in West Palm Beach, Florida. The company's stock trades on the New York Stock Exchange under the symbol AMG, and is listed on the S&P 400 for mid-size American firms.

ALTI vs AMG — Head-to-Head

Bigger by revenue
AMG
AMG
6.4× larger
AMG
$556.6M
$86.6M
ALTI
Growing faster (revenue YoY)
ALTI
ALTI
+80.9% gap
ALTI
87.0%
6.2%
AMG
Higher net margin
AMG
AMG
77.6% more per $
AMG
62.4%
-15.1%
ALTI
Faster 2-yr revenue CAGR
ALTI
ALTI
Annualised
ALTI
30.6%
5.5%
AMG

Income Statement — Q4 2025 vs Q4 2025

Metric
ALTI
ALTI
AMG
AMG
Revenue
$86.6M
$556.6M
Net Profit
$-13.1M
$347.5M
Gross Margin
Operating Margin
-2.1%
94.4%
Net Margin
-15.1%
62.4%
Revenue YoY
87.0%
6.2%
Net Profit YoY
75.6%
114.2%
EPS (diluted)
$10.87

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
ALTI
ALTI
AMG
AMG
Q4 25
$86.6M
$556.6M
Q3 25
$57.2M
$528.0M
Q2 25
$53.1M
$493.2M
Q1 25
$58.0M
$496.6M
Q4 24
$46.3M
$524.3M
Q3 24
$51.8M
$516.4M
Q2 24
$49.5M
$500.3M
Q1 24
$50.8M
$499.9M
Net Profit
ALTI
ALTI
AMG
AMG
Q4 25
$-13.1M
$347.5M
Q3 25
$-84.1M
$212.4M
Q2 25
$-24.4M
$84.3M
Q1 25
$1.9M
$72.4M
Q4 24
$-53.8M
$162.2M
Q3 24
$-72.5M
$123.6M
Q2 24
$-6.4M
$76.0M
Q1 24
$29.7M
$149.8M
Operating Margin
ALTI
ALTI
AMG
AMG
Q4 25
-2.1%
94.4%
Q3 25
-49.8%
68.7%
Q2 25
-56.7%
34.8%
Q1 25
-23.3%
25.5%
Q4 24
-42.7%
52.2%
Q3 24
-18.4%
42.0%
Q2 24
-30.2%
35.6%
Q1 24
-28.9%
50.8%
Net Margin
ALTI
ALTI
AMG
AMG
Q4 25
-15.1%
62.4%
Q3 25
-147.0%
40.2%
Q2 25
-45.9%
17.1%
Q1 25
3.3%
14.6%
Q4 24
-116.1%
30.9%
Q3 24
-140.0%
23.9%
Q2 24
-12.9%
15.2%
Q1 24
58.4%
30.0%
EPS (diluted)
ALTI
ALTI
AMG
AMG
Q4 25
$10.87
Q3 25
$6.87
Q2 25
$-0.33
$2.80
Q1 25
$-0.04
$2.20
Q4 24
$-0.71
$4.95
Q3 24
$-0.88
$3.78
Q2 24
$-0.18
$2.26
Q1 24
$0.18
$4.14

Balance Sheet & Financial Strength

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

Metric
ALTI
ALTI
AMG
AMG
Cash + ST InvestmentsLiquidity on hand
$41.2M
$586.0M
Total DebtLower is stronger
$883.0K
$2.7B
Stockholders' EquityBook value
$600.1M
$3.2B
Total Assets
$1.2B
$9.2B
Debt / EquityLower = less leverage
0.00×
0.83×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALTI
ALTI
AMG
AMG
Q4 25
$41.2M
$586.0M
Q3 25
$35.8M
$476.1M
Q2 25
$42.4M
$361.0M
Q1 25
$52.8M
$816.5M
Q4 24
$64.4M
$950.0M
Q3 24
$220.6M
$1.0B
Q2 24
$60.0M
$865.5M
Q1 24
$134.2M
$793.4M
Total Debt
ALTI
ALTI
AMG
AMG
Q4 25
$883.0K
$2.7B
Q3 25
$586.0K
$2.4B
Q2 25
$673.0K
$2.6B
Q1 25
$2.6B
Q4 24
$0
$2.6B
Q3 24
$128.4M
$2.6B
Q2 24
$164.0M
$2.5B
Q1 24
$183.7M
$2.5B
Stockholders' Equity
ALTI
ALTI
AMG
AMG
Q4 25
$600.1M
$3.2B
Q3 25
$607.2M
$3.3B
Q2 25
$685.4M
$3.2B
Q1 25
$665.2M
$3.2B
Q4 24
$658.4M
$3.3B
Q3 24
$707.0M
$3.3B
Q2 24
$540.2M
$3.3B
Q1 24
$510.9M
$3.6B
Total Assets
ALTI
ALTI
AMG
AMG
Q4 25
$1.2B
$9.2B
Q3 25
$1.2B
$8.9B
Q2 25
$1.2B
$8.8B
Q1 25
$1.2B
$8.7B
Q4 24
$1.3B
$8.8B
Q3 24
$1.4B
$8.9B
Q2 24
$1.3B
$8.8B
Q1 24
$1.3B
$9.0B
Debt / Equity
ALTI
ALTI
AMG
AMG
Q4 25
0.00×
0.83×
Q3 25
0.00×
0.71×
Q2 25
0.00×
0.81×
Q1 25
0.82×
Q4 24
0.00×
0.78×
Q3 24
0.18×
0.79×
Q2 24
0.30×
0.76×
Q1 24
0.36×
0.70×

Cash Flow & Capital Efficiency

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

Metric
ALTI
ALTI
AMG
AMG
Operating Cash FlowLast quarter
$256.4M
Free Cash FlowOCF − Capex
$254.5M
FCF MarginFCF / Revenue
45.7%
Capex IntensityCapex / Revenue
0.0%
0.3%
Cash ConversionOCF / Net Profit
0.74×
TTM Free Cash FlowTrailing 4 quarters
$967.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALTI
ALTI
AMG
AMG
Q4 25
$256.4M
Q3 25
$277.1M
Q2 25
$-19.9M
$230.8M
Q1 25
$-30.2M
$208.9M
Q4 24
$-56.0K
$212.5M
Q3 24
$-4.9M
$265.2M
Q2 24
$-30.2M
$245.2M
Q1 24
$-15.5M
$209.2M
Free Cash Flow
ALTI
ALTI
AMG
AMG
Q4 25
$254.5M
Q3 25
$275.9M
Q2 25
$-20.0M
$229.4M
Q1 25
$-31.0M
$207.3M
Q4 24
$-1.8M
$211.4M
Q3 24
$-9.4M
$264.5M
Q2 24
$-31.2M
$244.6M
Q1 24
$-15.7M
$208.2M
FCF Margin
ALTI
ALTI
AMG
AMG
Q4 25
45.7%
Q3 25
52.3%
Q2 25
-37.6%
46.5%
Q1 25
-53.4%
41.7%
Q4 24
-4.0%
40.3%
Q3 24
-18.2%
51.2%
Q2 24
-63.2%
48.9%
Q1 24
-30.9%
41.6%
Capex Intensity
ALTI
ALTI
AMG
AMG
Q4 25
0.0%
0.3%
Q3 25
0.0%
0.2%
Q2 25
0.0%
0.3%
Q1 25
1.3%
0.3%
Q4 24
3.9%
0.2%
Q3 24
8.7%
0.1%
Q2 24
2.2%
0.1%
Q1 24
0.4%
0.2%
Cash Conversion
ALTI
ALTI
AMG
AMG
Q4 25
0.74×
Q3 25
1.30×
Q2 25
2.74×
Q1 25
-15.80×
2.89×
Q4 24
1.31×
Q3 24
2.15×
Q2 24
3.23×
Q1 24
-0.52×
1.40×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALTI
ALTI

Management Advisory Fees$51.1M59%
Other$32.7M38%
Distributions From Investments$2.9M3%

AMG
AMG

Segment breakdown not available.

Related Comparisons