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AFFILIATED MANAGERS GROUP, INC.（AMG）与FEDERATED HERMES, INC.（FHI）财务数据对比。点击上方公司名可切换其他公司
AFFILIATED MANAGERS GROUP, INC.的季度营收约是FEDERATED HERMES, INC.的1.2倍（$556.6M vs $482.8M），AFFILIATED MANAGERS GROUP, INC.净利率更高（62.4% vs 22.2%，领先40.3%），FEDERATED HERMES, INC.同比增速更快（13.7% vs 6.2%），FEDERATED HERMES, INC.自由现金流更多（$294.6M vs $254.5M），过去两年FEDERATED HERMES, INC.的营收复合增速更高（10.4% vs 5.5%）
Affiliated Managers Group（简称AMG）是一家成立于1993年的美国金融服务企业，总部位于佛罗里达州西棕榈滩。公司股票在纽约证券交易所挂牌交易，代码为AMG，同时是标普400美国中型企业指数的成份股。
方德贺明是总部位于美国宾夕法尼亚州匹兹堡的投资管理机构，成立于1955年，1957年10月18日正式注册。截至2025年12月，公司受托管理客户资产规模达9026亿美元，可为客户提供股票、固定收益、另类/私募市场、多资产及流动性管理等多元投资策略，产品覆盖共同基金、ETF、独立账户、封闭式基金和集合投资基金等品类。
AMG vs FHI — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $556.6M | $482.8M |
| 净利润 | $347.5M | $107.0M |
| 毛利率 | — | — |
| 营业利润率 | 94.4% | 28.1% |
| 净利率 | 62.4% | 22.2% |
| 营收同比 | 6.2% | 13.7% |
| 净利润同比 | 114.2% | 26.4% |
| 每股收益（稀释后） | $10.87 | $1.38 |
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
| Q4 25 | $556.6M | $482.8M | ||
| Q3 25 | $528.0M | $469.4M | ||
| Q2 25 | $493.2M | $424.8M | ||
| Q1 25 | $496.6M | $423.5M | ||
| Q4 24 | $524.3M | $424.7M | ||
| Q3 24 | $516.4M | $408.5M | ||
| Q2 24 | $500.3M | $402.6M | ||
| Q1 24 | $499.9M | $396.4M |
| Q4 25 | $347.5M | $107.0M | ||
| Q3 25 | $212.4M | $104.1M | ||
| Q2 25 | $84.3M | $91.0M | ||
| Q1 25 | $72.4M | $101.1M | ||
| Q4 24 | $162.2M | $84.7M | ||
| Q3 24 | $123.6M | $87.5M | ||
| Q2 24 | $76.0M | $21.0M | ||
| Q1 24 | $149.8M | $75.0M |
| Q4 25 | 94.4% | 28.1% | ||
| Q3 25 | 68.7% | 27.6% | ||
| Q2 25 | 34.8% | 27.6% | ||
| Q1 25 | 25.5% | 31.1% | ||
| Q4 24 | 52.2% | 26.0% | ||
| Q3 24 | 42.0% | 27.4% | ||
| Q2 24 | 35.6% | 10.1% | ||
| Q1 24 | 50.8% | 24.9% |
| Q4 25 | 62.4% | 22.2% | ||
| Q3 25 | 40.2% | 22.2% | ||
| Q2 25 | 17.1% | 21.4% | ||
| Q1 25 | 14.6% | 23.9% | ||
| Q4 24 | 30.9% | 19.9% | ||
| Q3 24 | 23.9% | 21.4% | ||
| Q2 24 | 15.2% | 5.2% | ||
| Q1 24 | 30.0% | 18.9% |
| Q4 25 | $10.87 | $1.38 | ||
| Q3 25 | $6.87 | $1.34 | ||
| Q2 25 | $2.80 | $1.16 | ||
| Q1 25 | $2.20 | $1.25 | ||
| Q4 24 | $4.95 | $1.08 | ||
| Q3 24 | $3.78 | $1.06 | ||
| Q2 24 | $2.26 | $0.20 | ||
| Q1 24 | $4.14 | $0.89 |
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 | $586.0M | $582.5M |
| 总债务越低越好 | $2.7B | $348.4M |
| 股东权益账面价值 | $3.2B | $1.2B |
| 总资产 | $9.2B | $2.2B |
| 负债/权益比越低杠杆越低 | 0.83× | 0.29× |
8季度趋势，按日历期对齐
| Q4 25 | $586.0M | $582.5M | ||
| Q3 25 | $476.1M | $506.3M | ||
| Q2 25 | $361.0M | $371.0M | ||
| Q1 25 | $816.5M | $387.6M | ||
| Q4 24 | $950.0M | $504.4M | ||
| Q3 24 | $1.0B | $375.0M | ||
| Q2 24 | $865.5M | $307.4M | ||
| Q1 24 | $793.4M | $359.8M |
| Q4 25 | $2.7B | $348.4M | ||
| Q3 25 | $2.4B | $348.3M | ||
| Q2 25 | $2.6B | $348.2M | ||
| Q1 25 | $2.6B | $348.2M | ||
| Q4 24 | $2.6B | $348.1M | ||
| Q3 24 | $2.6B | $348.0M | ||
| Q2 24 | $2.5B | $348.0M | ||
| Q1 24 | $2.5B | $347.9M |
| Q4 25 | $3.2B | $1.2B | ||
| Q3 25 | $3.3B | $1.2B | ||
| Q2 25 | $3.2B | $1.1B | ||
| Q1 25 | $3.2B | $1.1B | ||
| Q4 24 | $3.3B | $1.1B | ||
| Q3 24 | $3.3B | $1.1B | ||
| Q2 24 | $3.3B | $1.0B | ||
| Q1 24 | $3.6B | $1.1B |
| Q4 25 | $9.2B | $2.2B | ||
| Q3 25 | $8.9B | $2.2B | ||
| Q2 25 | $8.8B | $2.2B | ||
| Q1 25 | $8.7B | $2.0B | ||
| Q4 24 | $8.8B | $2.1B | ||
| Q3 24 | $8.9B | $2.0B | ||
| Q2 24 | $8.8B | $1.9B | ||
| Q1 24 | $9.0B | $2.1B |
| Q4 25 | 0.83× | 0.29× | ||
| Q3 25 | 0.71× | 0.29× | ||
| Q2 25 | 0.81× | 0.31× | ||
| Q1 25 | 0.82× | 0.32× | ||
| Q4 24 | 0.78× | 0.32× | ||
| Q3 24 | 0.79× | 0.32× | ||
| Q2 24 | 0.76× | 0.34× | ||
| Q1 24 | 0.70× | 0.30× |
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 | $256.4M | $297.3M |
| 自由现金流经营现金流 - 资本支出 | $254.5M | $294.6M |
| 自由现金流率自由现金流/营收 | 45.7% | 61.0% |
| 资本支出强度资本支出/营收 | 0.3% | 0.6% |
| 现金转化率经营现金流/净利润 | 0.74× | 2.78× |
| 过去12个月自由现金流最近4个季度 | $967.1M | $427.5M |
8季度趋势，按日历期对齐
| Q4 25 | $256.4M | $297.3M | ||
| Q3 25 | $277.1M | $103.1M | ||
| Q2 25 | $230.8M | $18.8M | ||
| Q1 25 | $208.9M | $14.3M | ||
| Q4 24 | $212.5M | $346.6M | ||
| Q3 24 | $265.2M | $117.1M | ||
| Q2 24 | $245.2M | $88.7M | ||
| Q1 24 | $209.2M | $14.0M |
| Q4 25 | $254.5M | $294.6M | ||
| Q3 25 | $275.9M | $101.6M | ||
| Q2 25 | $229.4M | $18.0M | ||
| Q1 25 | $207.3M | $13.3M | ||
| Q4 24 | $211.4M | $342.5M | ||
| Q3 24 | $264.5M | $114.1M | ||
| Q2 24 | $244.6M | $82.7M | ||
| Q1 24 | $208.2M | $13.5M |
| Q4 25 | 45.7% | 61.0% | ||
| Q3 25 | 52.3% | 21.6% | ||
| Q2 25 | 46.5% | 4.2% | ||
| Q1 25 | 41.7% | 3.1% | ||
| Q4 24 | 40.3% | 80.7% | ||
| Q3 24 | 51.2% | 27.9% | ||
| Q2 24 | 48.9% | 20.5% | ||
| Q1 24 | 41.6% | 3.4% |
| Q4 25 | 0.3% | 0.6% | ||
| Q3 25 | 0.2% | 0.3% | ||
| Q2 25 | 0.3% | 0.2% | ||
| Q1 25 | 0.3% | 0.2% | ||
| Q4 24 | 0.2% | 0.9% | ||
| Q3 24 | 0.1% | 0.7% | ||
| Q2 24 | 0.1% | 1.5% | ||
| Q1 24 | 0.2% | 0.1% |
| Q4 25 | 0.74× | 2.78× | ||
| Q3 25 | 1.30× | 0.99× | ||
| Q2 25 | 2.74× | 0.21× | ||
| Q1 25 | 2.89× | 0.14× | ||
| Q4 24 | 1.31× | 4.09× | ||
| Q3 24 | 2.15× | 1.34× | ||
| Q2 24 | 3.23× | 4.22× | ||
| Q1 24 | 1.40× | 0.19× |
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
AMG
暂无分部数据
FHI
| Investment Advisory Management And Administrative Service | $314.0M | 65% |
| Separateaccounts | $63.9M | 13% |
| Other | $61.2M | 13% |
| Distribution Service | $43.7M | 9% |
