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Acadian Asset Management Inc.（AAMI）与GCM Grosvenor Inc.（GCMG）财务数据对比。点击上方公司名可切换其他公司
GCM Grosvenor Inc.的季度营收约是Acadian Asset Management Inc.的1.0倍（$177.1M vs $172.2M），GCM Grosvenor Inc.净利率更高（32.8% vs 20.2%，领先12.7%），GCM Grosvenor Inc.同比增速更快（7.2% vs 2.6%），过去两年Acadian Asset Management Inc.的营收复合增速更高（27.6% vs 27.5%）
Acadian Asset Management Inc.是一家总部位于美国马萨诸塞州波士顿的资产管理机构，专注于为全球机构及个人客户提供专业的投资管理解决方案，在资产管理领域拥有成熟的服务经验与市场布局。
GCM Grosvenor是美国头部另类资产管理机构，截至2023年资产管理规模约760亿美元，拥有约530名专业人士，为全球机构及个人投资者提供定制化另类投资解决方案，覆盖私募股权、对冲基金、房地产、基础设施等多元资产类别。
AAMI vs GCMG — 直观对比
营收规模更大
GCMG
是对方的1.0倍
$172.2M
营收增速更快
GCMG
高出4.5%
2.6%
净利率更高
GCMG
高出12.7%
20.2%
两年增速更快
AAMI
近两年复合增速
27.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $172.2M | $177.1M |
| 净利润 | $34.7M | $58.2M |
| 毛利率 | — | — |
| 营业利润率 | 33.3% | 30.9% |
| 净利率 | 20.2% | 32.8% |
| 营收同比 | 2.6% | 7.2% |
| 净利润同比 | -18.4% | 149.2% |
| 每股收益（稀释后） | $0.97 | $0.23 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收AAMIGCMG
| Q4 25 | $172.2M | $177.1M | ||
| Q3 25 | $144.2M | $135.0M | ||
| Q2 25 | $127.4M | $119.7M | ||
| Q1 25 | $119.9M | $125.8M | ||
| Q4 24 | $167.8M | $165.3M | ||
| Q3 24 | $123.1M | $122.9M | ||
| Q2 24 | $109.0M | $117.0M | ||
| Q1 24 | $105.7M | $108.9M |
净利润AAMIGCMG
| Q4 25 | $34.7M | $58.2M | ||
| Q3 25 | $15.1M | $10.5M | ||
| Q2 25 | $10.1M | $15.4M | ||
| Q1 25 | $20.1M | $463.0K | ||
| Q4 24 | $42.5M | $7.6M | ||
| Q3 24 | $16.9M | $4.2M | ||
| Q2 24 | $11.0M | $4.8M | ||
| Q1 24 | $14.6M | $2.1M |
营业利润率AAMIGCMG
| Q4 25 | 33.3% | 30.9% | ||
| Q3 25 | 18.4% | 32.7% | ||
| Q2 25 | 12.7% | 16.1% | ||
| Q1 25 | 26.6% | 12.2% | ||
| Q4 24 | 38.7% | 26.4% | ||
| Q3 24 | 21.9% | 20.3% | ||
| Q2 24 | 18.9% | 17.8% | ||
| Q1 24 | 21.7% | -14.7% |
净利率AAMIGCMG
| Q4 25 | 20.2% | 32.8% | ||
| Q3 25 | 10.5% | 7.8% | ||
| Q2 25 | 7.9% | 12.9% | ||
| Q1 25 | 16.8% | 0.4% | ||
| Q4 24 | 25.3% | 4.6% | ||
| Q3 24 | 13.7% | 3.4% | ||
| Q2 24 | 10.1% | 4.1% | ||
| Q1 24 | 13.8% | 2.0% |
每股收益（稀释后）AAMIGCMG
| Q4 25 | $0.97 | $0.23 | ||
| Q3 25 | $0.42 | $0.16 | ||
| Q2 25 | $0.28 | $0.05 | ||
| Q1 25 | $0.54 | $-0.02 | ||
| Q4 24 | $1.11 | $0.09 | ||
| Q3 24 | $0.45 | $0.03 | ||
| Q2 24 | $0.29 | $0.04 | ||
| Q1 24 | $0.37 | $-0.13 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $242.1M |
| 总债务越低越好 | $200.0M | $428.4M |
| 股东权益账面价值 | — | $27.0M |
| 总资产 | $677.0M | $813.8M |
| 负债/权益比越低杠杆越低 | — | 15.87× |
8季度趋势，按日历期对齐
现金及短期投资AAMIGCMG
| Q4 25 | — | $242.1M | ||
| Q3 25 | — | $182.7M | ||
| Q2 25 | — | $136.3M | ||
| Q1 25 | — | $94.5M | ||
| Q4 24 | — | $89.5M | ||
| Q3 24 | — | $98.4M | ||
| Q2 24 | — | $73.9M | ||
| Q1 24 | — | $41.9M |
总债务AAMIGCMG
| Q4 25 | $200.0M | $428.4M | ||
| Q3 25 | — | $429.3M | ||
| Q2 25 | — | $430.2M | ||
| Q1 25 | — | $431.1M | ||
| Q4 24 | $275.0M | $432.0M | ||
| Q3 24 | — | $432.9M | ||
| Q2 24 | — | $433.8M | ||
| Q1 24 | — | $384.0M |
股东权益AAMIGCMG
| Q4 25 | — | $27.0M | ||
| Q3 25 | — | $-7.4M | ||
| Q2 25 | — | $-12.3M | ||
| Q1 25 | — | $-28.3M | ||
| Q4 24 | — | $-27.6M | ||
| Q3 24 | — | $-31.9M | ||
| Q2 24 | — | $-28.5M | ||
| Q1 24 | — | $-26.4M |
总资产AAMIGCMG
| Q4 25 | $677.0M | $813.8M | ||
| Q3 25 | $751.4M | $685.9M | ||
| Q2 25 | $672.3M | $636.9M | ||
| Q1 25 | $677.3M | $579.8M | ||
| Q4 24 | $703.2M | $612.7M | ||
| Q3 24 | $555.2M | $575.0M | ||
| Q2 24 | $533.1M | $543.9M | ||
| Q1 24 | $544.9M | $497.3M |
负债/权益比AAMIGCMG
| Q4 25 | — | 15.87× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-2.4M | $183.5M |
| 自由现金流经营现金流 - 资本支出 | — | $175.0M |
| 自由现金流率自由现金流/营收 | — | 98.8% |
| 资本支出强度资本支出/营收 | — | 4.8% |
| 现金转化率经营现金流/净利润 | -0.07× | 3.16× |
| 过去12个月自由现金流最近4个季度 | — | $326.2M |
8季度趋势，按日历期对齐
经营现金流AAMIGCMG
| Q4 25 | $-2.4M | $183.5M | ||
| Q3 25 | $-23.9M | $79.8M | ||
| Q2 25 | $61.6M | $42.0M | ||
| Q1 25 | $-48.8M | $33.3M | ||
| Q4 24 | $55.8M | $148.8M | ||
| Q3 24 | $69.6M | $69.0M | ||
| Q2 24 | $45.7M | $17.5M | ||
| Q1 24 | $-40.4M | $24.2M |
自由现金流AAMIGCMG
| Q4 25 | — | $175.0M | ||
| Q3 25 | — | $78.3M | ||
| Q2 25 | — | $40.8M | ||
| Q1 25 | — | $32.1M | ||
| Q4 24 | — | $132.0M | ||
| Q3 24 | — | $62.2M | ||
| Q2 24 | — | $12.8M | ||
| Q1 24 | — | $20.0M |
自由现金流率AAMIGCMG
| Q4 25 | — | 98.8% | ||
| Q3 25 | — | 58.0% | ||
| Q2 25 | — | 34.1% | ||
| Q1 25 | — | 25.5% | ||
| Q4 24 | — | 79.9% | ||
| Q3 24 | — | 50.6% | ||
| Q2 24 | — | 10.9% | ||
| Q1 24 | — | 18.4% |
资本支出强度AAMIGCMG
| Q4 25 | — | 4.8% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | 1.0% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | — | 10.1% | ||
| Q3 24 | — | 5.5% | ||
| Q2 24 | — | 4.0% | ||
| Q1 24 | — | 3.9% |
现金转化率AAMIGCMG
| Q4 25 | -0.07× | 3.16× | ||
| Q3 25 | -1.58× | 7.61× | ||
| Q2 25 | 6.10× | 2.72× | ||
| Q1 25 | -2.43× | 71.84× | ||
| Q4 24 | 1.31× | 19.54× | ||
| Q3 24 | 4.12× | 16.60× | ||
| Q2 24 | 4.15× | 3.64× | ||
| Q1 24 | -2.77× | 11.40× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
AAMI
暂无分部数据
GCMG
| Asset Management1 | $108.6M | 61% |
| Management Service Incentive Performance Fees | $61.7M | 35% |
| Management Service Incentive Carried Interest | $5.1M | 3% |
| Service Other | $1.8M | 1% |
