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AFFILIATED MANAGERS GROUP, INC.（AMG）与BLUE OWL CAPITAL INC.（OWL）财务数据对比。点击上方公司名可切换其他公司
BLUE OWL CAPITAL INC.的季度营收约是AFFILIATED MANAGERS GROUP, INC.的1.4倍（$755.6M vs $556.6M）。AFFILIATED MANAGERS GROUP, INC.净利率更高（62.4% vs 6.3%，领先56.1%）。BLUE OWL CAPITAL INC.同比增速更快（19.7% vs 6.2%）。BLUE OWL CAPITAL INC.自由现金流更多（$359.1M vs $254.5M）。过去两年BLUE OWL CAPITAL INC.的营收复合增速更高（21.3% 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。
Blue Owl Capital Inc.是美国另类投资资产管理机构，于纽约证券交易所挂牌上市，股票代码为OWL，总部设在纽约市，在伦敦、迪拜、中国香港等全球多地设有办事处，专注为各类客户提供专业的另类资产管理解决方案。
AMG vs OWL — 直观对比
营收规模更大
OWL
是对方的1.4倍
$556.6M
营收增速更快
OWL
高出13.5%
6.2%
净利率更高
AMG
高出56.1%
6.3%
自由现金流更多
OWL
多$104.6M
$254.5M
两年增速更快
OWL
近两年复合增速
5.5%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $556.6M | $755.6M |
| 净利润 | $347.5M | $47.7M |
| 毛利率 | — | — |
| 营业利润率 | 94.4% | 22.2% |
| 净利率 | 62.4% | 6.3% |
| 营收同比 | 6.2% | 19.7% |
| 净利润同比 | 114.2% | 129.8% |
| 每股收益（稀释后） | $10.87 | $0.07 |
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AMGOWL
| Q4 25 | $556.6M | $755.6M | ||
| Q3 25 | $528.0M | $728.0M | ||
| Q2 25 | $493.2M | $703.1M | ||
| Q1 25 | $496.6M | $683.5M | ||
| Q4 24 | $524.3M | $631.4M | ||
| Q3 24 | $516.4M | $600.9M | ||
| Q2 24 | $500.3M | $549.8M | ||
| Q1 24 | $499.9M | $513.3M |
净利润AMGOWL
| Q4 25 | $347.5M | $47.7M | ||
| Q3 25 | $212.4M | $6.3M | ||
| Q2 25 | $84.3M | $17.4M | ||
| Q1 25 | $72.4M | $7.4M | ||
| Q4 24 | $162.2M | $20.7M | ||
| Q3 24 | $123.6M | $29.8M | ||
| Q2 24 | $76.0M | $33.9M | ||
| Q1 24 | $149.8M | $25.1M |
营业利润率AMGOWL
| Q4 25 | 94.4% | 22.2% | ||
| Q3 25 | 68.7% | 7.6% | ||
| Q2 25 | 34.8% | 12.0% | ||
| Q1 25 | 25.5% | 5.9% | ||
| Q4 24 | 52.2% | 11.7% | ||
| Q3 24 | 42.0% | 18.7% | ||
| Q2 24 | 35.6% | 28.4% | ||
| Q1 24 | 50.8% | 24.7% |
净利率AMGOWL
| Q4 25 | 62.4% | 6.3% | ||
| Q3 25 | 40.2% | 0.9% | ||
| Q2 25 | 17.1% | 2.5% | ||
| Q1 25 | 14.6% | 1.1% | ||
| Q4 24 | 30.9% | 3.3% | ||
| Q3 24 | 23.9% | 5.0% | ||
| Q2 24 | 15.2% | 6.2% | ||
| Q1 24 | 30.0% | 4.9% |
每股收益（稀释后）AMGOWL
| Q4 25 | $10.87 | $0.07 | ||
| Q3 25 | $6.87 | $0.01 | ||
| Q2 25 | $2.80 | $0.02 | ||
| Q1 25 | $2.20 | $0.00 | ||
| Q4 24 | $4.95 | $0.06 | ||
| Q3 24 | $3.78 | $0.04 | ||
| Q2 24 | $2.26 | $0.06 | ||
| Q1 24 | $4.14 | $0.04 |
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 | $194.5M |
| 总债务越低越好 | $2.7B | $3.3B |
| 股东权益账面价值 | $3.2B | $2.2B |
| 总资产 | $9.2B | $12.5B |
| 负债/权益比越低杠杆越低 | 0.83× | 1.51× |
8季度趋势，按日历期对齐
现金及短期投资AMGOWL
| Q4 25 | $586.0M | $194.5M | ||
| Q3 25 | $476.1M | $137.3M | ||
| Q2 25 | $361.0M | $117.6M | ||
| Q1 25 | $816.5M | $97.6M | ||
| Q4 24 | $950.0M | $152.1M | ||
| Q3 24 | $1.0B | $115.9M | ||
| Q2 24 | $865.5M | $436.8M | ||
| Q1 24 | $793.4M | $155.8M |
总债务AMGOWL
| Q4 25 | $2.7B | $3.3B | ||
| Q3 25 | $2.4B | $3.2B | ||
| Q2 25 | $2.6B | $3.2B | ||
| Q1 25 | $2.6B | $3.2B | ||
| Q4 24 | $2.6B | $2.6B | ||
| Q3 24 | $2.6B | $2.5B | ||
| Q2 24 | $2.5B | $2.5B | ||
| Q1 24 | $2.5B | $2.1B |
股东权益AMGOWL
| Q4 25 | $3.2B | $2.2B | ||
| Q3 25 | $3.3B | $2.3B | ||
| Q2 25 | $3.2B | $2.4B | ||
| Q1 25 | $3.2B | $2.3B | ||
| Q4 24 | $3.3B | $2.1B | ||
| Q3 24 | $3.3B | $2.0B | ||
| Q2 24 | $3.3B | $1.7B | ||
| Q1 24 | $3.6B | $1.6B |
总资产AMGOWL
| Q4 25 | $9.2B | $12.5B | ||
| Q3 25 | $8.9B | $12.5B | ||
| Q2 25 | $8.8B | $12.3B | ||
| Q1 25 | $8.7B | $12.3B | ||
| Q4 24 | $8.8B | $11.0B | ||
| Q3 24 | $8.9B | $10.8B | ||
| Q2 24 | $8.8B | $9.7B | ||
| Q1 24 | $9.0B | $9.0B |
负债/权益比AMGOWL
| Q4 25 | 0.83× | 1.51× | ||
| Q3 25 | 0.71× | 1.41× | ||
| Q2 25 | 0.81× | 1.38× | ||
| Q1 25 | 0.82× | 1.37× | ||
| Q4 24 | 0.78× | 1.22× | ||
| Q3 24 | 0.79× | 1.27× | ||
| Q2 24 | 0.76× | 1.41× | ||
| Q1 24 | 0.70× | 1.26× |
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 | $382.9M |
| 自由现金流经营现金流 - 资本支出 | $254.5M | $359.1M |
| 自由现金流率自由现金流/营收 | 45.7% | 47.5% |
| 资本支出强度资本支出/营收 | 0.3% | 3.1% |
| 现金转化率经营现金流/净利润 | 0.74× | 8.03× |
| 过去12个月自由现金流最近4个季度 | $967.1M | $1.2B |
8季度趋势，按日历期对齐
经营现金流AMGOWL
| Q4 25 | $256.4M | $382.9M | ||
| Q3 25 | $277.1M | $433.1M | ||
| Q2 25 | $230.8M | $422.5M | ||
| Q1 25 | $208.9M | $17.6M | ||
| Q4 24 | $212.5M | $324.0M | ||
| Q3 24 | $265.2M | $326.0M | ||
| Q2 24 | $245.2M | $302.3M | ||
| Q1 24 | $209.2M | $47.2M |
自由现金流AMGOWL
| Q4 25 | $254.5M | $359.1M | ||
| Q3 25 | $275.9M | $422.5M | ||
| Q2 25 | $229.4M | $412.5M | ||
| Q1 25 | $207.3M | $4.2M | ||
| Q4 24 | $211.4M | $310.1M | ||
| Q3 24 | $264.5M | $314.8M | ||
| Q2 24 | $244.6M | $269.4M | ||
| Q1 24 | $208.2M | $41.1M |
自由现金流率AMGOWL
| Q4 25 | 45.7% | 47.5% | ||
| Q3 25 | 52.3% | 58.0% | ||
| Q2 25 | 46.5% | 58.7% | ||
| Q1 25 | 41.7% | 0.6% | ||
| Q4 24 | 40.3% | 49.1% | ||
| Q3 24 | 51.2% | 52.4% | ||
| Q2 24 | 48.9% | 49.0% | ||
| Q1 24 | 41.6% | 8.0% |
资本支出强度AMGOWL
| Q4 25 | 0.3% | 3.1% | ||
| Q3 25 | 0.2% | 1.5% | ||
| Q2 25 | 0.3% | 1.4% | ||
| Q1 25 | 0.3% | 2.0% | ||
| Q4 24 | 0.2% | 2.2% | ||
| Q3 24 | 0.1% | 1.9% | ||
| Q2 24 | 0.1% | 6.0% | ||
| Q1 24 | 0.2% | 1.2% |
现金转化率AMGOWL
| Q4 25 | 0.74× | 8.03× | ||
| Q3 25 | 1.30× | 68.64× | ||
| Q2 25 | 2.74× | 24.25× | ||
| Q1 25 | 2.89× | 2.37× | ||
| Q4 24 | 1.31× | 15.62× | ||
| Q3 24 | 2.15× | 10.94× | ||
| Q2 24 | 3.23× | 8.91× | ||
| Q1 24 | 1.40× | 1.88× |
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
OWL
| Credit Platform | $455.0M | 60% |
| GP Strategic Capital Platform | $157.0M | 21% |
| Administrative Service | $87.6M | 12% |
| IPI Partners LLC | $33.8M | 4% |
| Other | $22.2M | 3% |
