vs
Acadian Asset Management Inc.（AAMI）与华利安（HLI）财务数据对比。点击上方公司名可切换其他公司
华利安的季度营收约是Acadian Asset Management Inc.的4.2倍（$717.1M vs $172.2M）。Acadian Asset Management Inc.净利率更高（20.2% vs 16.3%，领先3.9%）。华利安同比增速更快（13.0% vs 2.6%）。过去两年Acadian Asset Management Inc.的营收复合增速更高（27.6% vs 17.4%）
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。
华利安是美国知名跨国独立投资银行及金融服务机构，1972年成立，总部位于加利福尼亚州洛杉矶世纪城的星座广场。公司为上市企业、非公众公司、机构及政府主体提供专业服务，核心业务涵盖并购咨询、资本解决方案、重组与困境并购、公允意见出具，以及财务与估值顾问等领域。
AAMI vs HLI — 直观对比
营收规模更大
HLI
是对方的4.2倍
$172.2M
营收增速更快
HLI
高出10.4%
2.6%
净利率更高
AAMI
高出3.9%
16.3%
两年增速更快
AAMI
近两年复合增速
17.4%
损益表 — Q4 2025 vs Q3 2026
| 指标 | | |
|---|---|---|
| 营收 | $172.2M | $717.1M |
| 净利润 | $34.7M | $116.5M |
| 毛利率 | — | 32.2% |
| 营业利润率 | 33.3% | 22.4% |
| 净利率 | 20.2% | 16.3% |
| 营收同比 | 2.6% | 13.0% |
| 净利润同比 | -18.4% | 22.3% |
| 每股收益（稀释后） | $0.97 | $1.70 |
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AAMIHLI
| Q4 25 | $172.2M | $717.1M | ||
| Q3 25 | $144.2M | $659.5M | ||
| Q2 25 | $127.4M | $605.3M | ||
| Q1 25 | $119.9M | $666.4M | ||
| Q4 24 | $167.8M | $634.4M | ||
| Q3 24 | $123.1M | $575.0M | ||
| Q2 24 | $109.0M | $513.6M | ||
| Q1 24 | $105.7M | $520.5M |
净利润AAMIHLI
| Q4 25 | $34.7M | $116.5M | ||
| Q3 25 | $15.1M | $111.8M | ||
| Q2 25 | $10.1M | $97.5M | ||
| Q1 25 | $20.1M | $121.9M | ||
| Q4 24 | $42.5M | $95.3M | ||
| Q3 24 | $16.9M | $93.5M | ||
| Q2 24 | $11.0M | $88.9M | ||
| Q1 24 | $14.6M | $81.1M |
毛利率AAMIHLI
| Q4 25 | — | 32.2% | ||
| Q3 25 | — | 33.8% | ||
| Q2 25 | — | 31.0% | ||
| Q1 25 | — | 33.9% | ||
| Q4 24 | — | 31.4% | ||
| Q3 24 | — | 33.0% | ||
| Q2 24 | — | 30.6% | ||
| Q1 24 | — | 30.3% |
营业利润率AAMIHLI
| Q4 25 | 33.3% | 22.4% | ||
| Q3 25 | 18.4% | 22.9% | ||
| Q2 25 | 12.7% | 14.8% | ||
| Q1 25 | 26.6% | 20.9% | ||
| Q4 24 | 38.7% | 21.5% | ||
| Q3 24 | 21.9% | 22.7% | ||
| Q2 24 | 18.9% | 18.6% | ||
| Q1 24 | 21.7% | 19.7% |
净利率AAMIHLI
| Q4 25 | 20.2% | 16.3% | ||
| Q3 25 | 10.5% | 17.0% | ||
| Q2 25 | 7.9% | 16.1% | ||
| Q1 25 | 16.8% | 18.3% | ||
| Q4 24 | 25.3% | 15.0% | ||
| Q3 24 | 13.7% | 16.3% | ||
| Q2 24 | 10.1% | 17.3% | ||
| Q1 24 | 13.8% | 15.6% |
每股收益（稀释后）AAMIHLI
| Q4 25 | $0.97 | $1.70 | ||
| Q3 25 | $0.42 | $1.63 | ||
| Q2 25 | $0.28 | $1.42 | ||
| Q1 25 | $0.54 | $1.76 | ||
| Q4 24 | $1.11 | $1.39 | ||
| Q3 24 | $0.45 | $1.37 | ||
| Q2 24 | $0.29 | $1.30 | ||
| Q1 24 | $0.37 | $1.18 |
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 | — | $1.1B |
| 总债务越低越好 | $200.0M | — |
| 股东权益账面价值 | — | $2.3B |
| 总资产 | $677.0M | $3.9B |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资AAMIHLI
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $923.6M | ||
| Q2 25 | — | $793.8M | ||
| Q1 25 | — | $971.0M | ||
| Q4 24 | — | $799.3M | ||
| Q3 24 | — | $691.4M | ||
| Q2 24 | — | $449.7M | ||
| Q1 24 | — | $721.2M |
总债务AAMIHLI
| Q4 25 | $200.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $275.0M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益AAMIHLI
| Q4 25 | — | $2.3B | ||
| Q3 25 | — | $2.2B | ||
| Q2 25 | — | $2.2B | ||
| Q1 25 | — | $2.2B | ||
| Q4 24 | — | $2.1B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $1.8B | ||
| Q1 24 | — | $1.8B |
总资产AAMIHLI
| Q4 25 | $677.0M | $3.9B | ||
| Q3 25 | $751.4M | $3.8B | ||
| Q2 25 | $672.3M | $3.5B | ||
| Q1 25 | $677.3M | $3.8B | ||
| Q4 24 | $703.2M | $3.5B | ||
| Q3 24 | $555.2M | $3.2B | ||
| Q2 24 | $533.1M | $2.9B | ||
| Q1 24 | $544.9M | $3.2B |
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 | $8.7M | $217.7M |
| 自由现金流经营现金流 - 资本支出 | — | $217.0M |
| 自由现金流率自由现金流/营收 | — | 30.3% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 现金转化率经营现金流/净利润 | 0.25× | 1.87× |
| 过去12个月自由现金流最近4个季度 | — | $738.9M |
8季度趋势，按日历期对齐
经营现金流AAMIHLI
| Q4 25 | $8.7M | $217.7M | ||
| Q3 25 | $-23.9M | $325.0M | ||
| Q2 25 | $61.6M | $-131.6M | ||
| Q1 25 | $-48.8M | $358.4M | ||
| Q4 24 | $-19.1M | $265.5M | ||
| Q3 24 | $69.6M | $289.2M | ||
| Q2 24 | $45.7M | $-64.5M | ||
| Q1 24 | $-40.4M | $225.3M |
自由现金流AAMIHLI
| Q4 25 | — | $217.0M | ||
| Q3 25 | — | $322.8M | ||
| Q2 25 | — | $-144.8M | ||
| Q1 25 | — | $343.9M | ||
| Q4 24 | — | $261.7M | ||
| Q3 24 | — | $278.7M | ||
| Q2 24 | — | $-75.4M | ||
| Q1 24 | — | $213.1M |
自由现金流率AAMIHLI
| Q4 25 | — | 30.3% | ||
| Q3 25 | — | 49.0% | ||
| Q2 25 | — | -23.9% | ||
| Q1 25 | — | 51.6% | ||
| Q4 24 | — | 41.2% | ||
| Q3 24 | — | 48.5% | ||
| Q2 24 | — | -14.7% | ||
| Q1 24 | — | 40.9% |
资本支出强度AAMIHLI
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | — | 2.2% | ||
| Q1 25 | — | 2.2% | ||
| Q4 24 | — | 0.6% | ||
| Q3 24 | — | 1.8% | ||
| Q2 24 | — | 2.1% | ||
| Q1 24 | — | 2.3% |
现金转化率AAMIHLI
| Q4 25 | 0.25× | 1.87× | ||
| Q3 25 | -1.58× | 2.91× | ||
| Q2 25 | 6.10× | -1.35× | ||
| Q1 25 | -2.43× | 2.94× | ||
| Q4 24 | -0.45× | 2.79× | ||
| Q3 24 | 4.12× | 3.09× | ||
| Q2 24 | 4.15× | -0.73× | ||
| Q1 24 | -2.77× | 2.78× |
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
HLI
| Corporate Finance | $473.7M | 66% |
| Financial Restructuring | $156.3M | 22% |
| Financial Advisory Services | $87.1M | 12% |
