Ameriprise Financial, Inc. · AMP
$2.9B
$3.7B
$3.6B
$3.5B
$3.5B
$3.7B
$3.7B
$3.9B
$3.9B
$4.0B
$4.1B
$4.2B
$4.4B
$4.5B
$4.4B
$4.4B
$4.8B
$5.0B
$4.8B
—
20-quarter listed-company comparison
Asset Management Stocks
Asset Management: Brookfield Corporation owns the largest revenue base; StepStone Group Inc. has the fastest current growth.
01 · the industry itself · before any single company
How has Asset Management moved against S&P 500?
The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this industry is 29% behind S&P 500. Earnings across its companies fell 7% on average over the last four reported quarters.
BASING · +3 joined~Price down, no fundamental support25 of 96 companies ahead of S&P 500 by 5% or more over three months7 are 20% or more behind over a year while earnings grew 20% or more
RS — · 45/96 >200d (+11) · 25/96 lead (+3) · EPS 36/88↑
Asset Management, equal-weighted, based at 200
S&P 500, same base, same start
trailing 12-month earnings per share rising
falling
Asset Management, equal-weighted, based at 200
S&P 500, same base, same start
trailing 12-month earnings per share rising
falling
Asset Management, equal-weighted, based at 200
S&P 500, same base, same start
trailing 12-month earnings per share rising
falling
Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 96 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.
02 · sector relative strength, before individual stocks
Is Asset Management outperforming S&P 500?
Asset Management has underperformed S&P 500 by 6.7% over the last 52 weeks. Over 13 weeks the gap is a lead of 7.8%. 11 of 28 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. Victory Capital Holdings, Inc. is the strongest against the sector itself at +21%.
+7.8%Sector vs S&P 500 · 13 weeks
-6.7%Sector vs S&P 500 · 52 weeks
11/28Stocks leading S&P 500
9/28Stocks leading sector
Sector metric: — as of latest available · unclassified · direction unavailable.
The central tension: the companies with the most scale are not necessarily the companies creating the most change.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
Asset Management has underperformed S&P 500 by 6.7% over 52 weeks and 7.8% over 13 weeks. 11 of 28 covered companies beat the S&P 500 on Mansfield relative strength, while 9 of 28 beat the sector itself. Brookfield Corporation leads with income of $70,520 million, based on 14 of 29 comparable companies through Mar 2026.
Companies
29
complete canonical membership
Combined market value
$1.2T
BlackRock, Inc.
Revenue growing
10/14
positive TTM year-on-year growth
Beating S&P 500
11/28
positive Mansfield relative strength
Comparing 5 of 29
03 · research priority, made explicit
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Victory Capital Holdings, Inc. has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 76% evidence confidence.
Principal Financial Group, Inc. has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.
How this score is built, and what the marks mean
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led S&P 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Victory Capital Holdings, Inc.VCTR | 66.2/100Favorable setup76% evidence | LEADER | 24.7/35 Income 64.1% · PAT 29.1% 71% evidence | 16.5/25 ROA 3.6% · ROE 6.4% · GNPA — 68% evidence | 7.9/20 P/BV 2.29× · P/BV÷ROE 0.36 70% evidence | 17.1/20 RS sector 21% · RS bench 25.6% · 1Y 45.6%12 of 12 weeks ahead 100% evidence |
| Exact sum: 24.7 + 16.5 + 7.9 + 17.1 = 66.2 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 2Raymond James Financial, Inc.RJF | 59.0/100Mixed-positive evidence60% evidence | BREAKING OUT | 21.3/35 Income — · PAT — 26% evidence | 15.3/25 ROA 1.4% · ROE 9.7% · GNPA — 68% evidence | 11.0/20 P/BV 2.24× · P/BV÷ROE 0.23 70% evidence | 11.4/20 RS sector -3.3% · RS bench 0% · 1Y 8.3%4 of 12 weeks ahead 100% evidence |
| Exact sum: 21.3 + 15.3 + 11 + 11.4 = 59 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Affiliated Managers Group, Inc.AMG | 57.8/100Mixed-positive evidence60% evidence | BREAKING OUT | 20.1/35 Income — · PAT — 26% evidence | 14.6/25 ROA 1.6% · ROE 6.1% · GNPA — 68% evidence | 6.9/20 P/BV 2.94× · P/BV÷ROE 0.48 70% evidence | 16.2/20 RS sector 14.9% · RS bench 19.4% · 1Y 81.5%10 of 12 weeks ahead 100% evidence |
| Exact sum: 20.1 + 14.6 + 6.9 + 16.2 = 57.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4SEI Investments CompanySEIC | 56.7/100Mixed-positive evidence60% evidence | BREAKING OUT | 17.9/35 Income — · PAT — 26% evidence | 17.6/25 ROA 5.2% · ROE 7.7% · GNPA — 68% evidence | 5.9/20 P/BV 4.21× · P/BV÷ROE 0.55 70% evidence | 15.3/20 RS sector 5.7% · RS bench 9.5% · 1Y 19.7%6 of 12 weeks ahead 100% evidence |
| Exact sum: 17.9 + 17.6 + 5.9 + 15.3 = 56.7 · Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression. | ||||||
| 5BlackRock, Inc.BLK | 53.3/100Mixed-positive evidence80% evidence | BASING | 22.9/35 Income 26.5% · PAT 9.2% 81% evidence | 16.4/25 ROA 2.5% · ROE 7.9% · GNPA — 68% evidence | 8.4/20 P/BV 2.64× · P/BV÷ROE 0.33 70% evidence | 5.6/20 RS sector -8.3% · RS bench -5.1% · 1Y 0.5%0 of 12 weeks ahead 100% evidence |
| Exact sum: 22.9 + 16.4 + 8.4 + 5.6 = 53.3 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -8.3% and the one-year return is 0.5%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 6Blackstone Inc.BX | 50.6/100Mixed-positive evidence60% evidence | TURNING | 20.8/35 Income — · PAT — 26% evidence | 18.1/25 ROA 5% · ROE 10.8% · GNPA — 68% evidence | 4.4/20 P/BV 9.7× · P/BV÷ROE 0.9 70% evidence | 7.3/20 RS sector -14.2% · RS bench -11.8% · 1Y -18.8%1 of 12 weeks ahead 100% evidence |
| Exact sum: 20.8 + 18.1 + 4.4 + 7.3 = 50.6 · Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression. | ||||||
| 7State Street CorporationSTT | 50.3/100Mixed-positive evidence60% evidence | LEADER | 17.7/35 Income — · PAT — 26% evidence | 9.3/25 ROA 0.3% · ROE 3.9% · GNPA — 68% evidence | 7.1/20 P/BV 1.66× · P/BV÷ROE 0.43 70% evidence | 16.2/20 RS sector 18.2% · RS bench 23% · 1Y 66.8%12 of 12 weeks ahead 100% evidence |
| Exact sum: 17.7 + 9.3 + 7.1 + 16.2 = 50.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 8Janus Henderson Group plcJHG | 50.0/100Mixed-positive evidence70% evidence | 19.9/35 Income 24.5% · PAT 100% 71% evidence | 11.1/25 ROA 1.2% · ROE 1.9% · GNPA — 68% evidence | 5.5/20 P/BV 1.53× · P/BV÷ROE 0.81 70% evidence | 13.5/20 RS sector 6.2% · RS bench 0.6% · 1Y 28.9%0 of 7 weeks ahead to 2026-07-02 70% evidence | |
| Exact sum: 19.9 + 11.1 + 5.5 + 13.5 = 50 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 9Invesco Ltd.IVZ | 49.8/100Mixed-negative evidence60% evidence | BREAKING OUT | 19.1/35 Income — · PAT — 26% evidence | 10.4/25 ROA 1% · ROE 2.4% · GNPA — 68% evidence | 7.3/20 P/BV 0.94× · P/BV÷ROE 0.39 70% evidence | 13.0/20 RS sector 8.4% · RS bench 12.4% · 1Y 54.4%8 of 12 weeks ahead 100% evidence |
| Exact sum: 19.1 + 10.4 + 7.3 + 13 = 49.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 10T. Rowe Price Group, Inc.TROW | 49.7/100Mixed-negative evidence60% evidence | BREAKING OUT | 17.3/35 Income — · PAT — 26% evidence | 15.7/25 ROA 2.8% · ROE 6.1% · GNPA — 68% evidence | 7.5/20 P/BV 2.21× · P/BV÷ROE 0.36 70% evidence | 9.2/20 RS sector -2.8% · RS bench 0.6% · 1Y 10.2%9 of 12 weeks ahead 100% evidence |
| Exact sum: 17.3 + 15.7 + 7.5 + 9.2 = 49.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 11Ares Management CorporationARES | 48.7/100Mixed-negative evidence60% evidence | BREAKING OUT | 20.7/35 Income — · PAT — 26% evidence | 14.1/25 ROA 1.5% · ROE 7.1% · GNPA — 68% evidence | 4.8/20 P/BV 6.11× · P/BV÷ROE 0.86 70% evidence | 9.1/20 RS sector -11.7% · RS bench -9.3% · 1Y -24.2%5 of 12 weeks ahead 100% evidence |
| Exact sum: 20.7 + 14.1 + 4.8 + 9.1 = 48.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 12StepStone Group Inc.STEP | 46.6/100Thin evidence · provisional55% evidence | BASING | 23.2/35 Income 69.7% · PAT — 45% evidence | 13.4/25 ROA 6.9% · ROE 0.5% · GNPA — 68% evidence | 9.8/20 P/BV -9.31× · P/BV÷ROE — 10% evidence | 0.2/20 RS sector -24.7% · RS bench -22.5% · 1Y -16.8%0 of 12 weeks ahead 100% evidence |
| Exact sum: 23.2 + 13.4 + 9.8 + 0.2 = 46.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 13Franklin Resources, Inc.BEN | 46.5/100Mixed-negative evidence60% evidence | LEADER | 17.5/35 Income — · PAT — 26% evidence | 8.8/25 ROA 0.4% · ROE 1.8% · GNPA — 68% evidence | 5.8/20 P/BV 1.44× · P/BV÷ROE 0.8 70% evidence | 14.4/20 RS sector 16% · RS bench 20.5% · 1Y 43.1%11 of 12 weeks ahead 100% evidence |
| Exact sum: 17.5 + 8.8 + 5.8 + 14.4 = 46.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 14Hamilton Lane IncorporatedHLNE | 45.5/100Mixed-negative evidence76% evidence | TURNING | 15.1/35 Income 6.6% · PAT 24% 71% evidence | 17.8/25 ROA 3.6% · ROE 9.6% · GNPA — 68% evidence | 6.3/20 P/BV 4.75× · P/BV÷ROE 0.49 70% evidence | 6.3/20 RS sector -22.9% · RS bench -21% · 1Y -34.3%1 of 12 weeks ahead 100% evidence |
| Exact sum: 15.1 + 17.8 + 6.3 + 6.3 = 45.5 · Decision use: Strong business, demanding price: keep it on the quality list, but require either earnings upgrades or valuation compression. | ||||||
| 15Corebridge Financial, Inc.CRBG | 44.7/100Thin evidence · provisional55% evidence | BREAKING OUT | 19.1/35 Income 14.6% · PAT -71.3% 45% evidence | 5.2/25 ROA 0% · ROE -0.5% · GNPA — 68% evidence | 9.8/20 P/BV 1.01× · P/BV÷ROE — 10% evidence | 10.6/20 RS sector -7.3% · RS bench -4.4% · 1Y -5.1%9 of 12 weeks ahead 100% evidence |
| Exact sum: 19.1 + 5.2 + 9.8 + 10.6 = 44.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 16Principal Financial Group, Inc.PFG | 43.3/100Mixed-negative evidence60% evidence | BREAKING OUT | 15.9/35 Income — · PAT — 26% evidence | 7.5/25 ROA 0.1% · ROE 3.6% · GNPA — 68% evidence | 6.4/20 P/BV 1.91× · P/BV÷ROE 0.53 70% evidence | 13.5/20 RS sector 7.3% · RS bench 11.5% · 1Y 50.4%9 of 12 weeks ahead 100% evidence |
| Exact sum: 15.9 + 7.5 + 6.4 + 13.5 = 43.3 · Decision use: Price leads the evidence: RS versus the benchmark is 11.5%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 17Blue Owl Capital Inc.OWL | 42.6/100Mixed-negative evidence60% evidence | TURNING | 19.5/35 Income — · PAT — 26% evidence | 12.1/25 ROA 1.6% · ROE 1.9% · GNPA — 68% evidence | 4.5/20 P/BV 2.94× · P/BV÷ROE 1.55 70% evidence | 6.5/20 RS sector -22.2% · RS bench -20.4% · 1Y -41.4%0 of 12 weeks ahead 100% evidence |
| Exact sum: 19.5 + 12.1 + 4.5 + 6.5 = 42.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 18Brookfield Asset Management Ltd.BAM | 41.6/100Mixed-negative evidence76% evidence | BASING | 16.2/35 Income 21.5% · PAT 10.5% 71% evidence | 15.5/25 ROA 3.3% · ROE 5.3% · GNPA — 68% evidence | 3.4/20 P/BV 9.38× · P/BV÷ROE 1.77 70% evidence | 6.5/20 RS sector -11.6% · RS bench -8.8% · 1Y -15.2%0 of 12 weeks ahead 100% evidence |
| Exact sum: 16.2 + 15.5 + 3.4 + 6.5 = 41.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 19Equitable Holdings, Inc.EQH | 37.7/100Mixed-negative evidence76% evidence | BREAKING OUT | 12.0/35 Income -23.4% · PAT -126% 71% evidence | 12.7/25 ROA 0.3% · ROE 24.1% · GNPA — 68% evidence | 3.4/20 P/BV 38.27× · P/BV÷ROE 1.59 70% evidence | 9.6/20 RS sector -8.4% · RS bench -5.6% · 1Y -7.2%9 of 12 weeks ahead 100% evidence |
| Exact sum: 12 + 12.7 + 3.4 + 9.6 = 37.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 20TPG Inc.TPG | 36.5/100Mixed-negative evidence64% evidence | TURNING | 16.6/35 Income 11.5% · PAT 100% 71% evidence | 4.4/25 ROA -0.8% · ROE -3.4% · GNPA — 68% evidence | 9.4/20 P/BV 5.73× · P/BV÷ROE — 10% evidence | 6.1/20 RS sector -17.4% · RS bench -15.2% · 1Y -20.6%1 of 12 weeks ahead 100% evidence |
| Exact sum: 16.6 + 4.4 + 9.4 + 6.1 = 36.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 21KKR & Co. Inc.KKR | 35.7/100Mixed-negative evidence60% evidence | TURNING | 16.8/35 Income — · PAT — 26% evidence | 7.9/25 ROA 0.2% · ROE 2.1% · GNPA — 68% evidence | 4.9/20 P/BV 2.7× · P/BV÷ROE 1.28 70% evidence | 6.1/20 RS sector -16.2% · RS bench -13.9% · 1Y -24.2%0 of 12 weeks ahead 100% evidence |
| Exact sum: 16.8 + 7.9 + 4.9 + 6.1 = 35.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 22Brookfield CorporationBN | 35.4/100Mixed-negative evidence76% evidence | ASLEEP | 20.1/35 Income -6.7% · PAT 100% 71% evidence | 8.6/25 ROA 0.7% · ROE 0.5% · GNPA — 68% evidence | 3.7/20 P/BV 2.95× · P/BV÷ROE 5.9 70% evidence | 3.0/20 RS sector -13.3% · RS bench -10.3% · 1Y 3.4%1 of 12 weeks ahead 100% evidence |
| Exact sum: 20.1 + 8.6 + 3.7 + 3 = 35.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 23Apollo Global Management, Inc.APO | 31.8/100Adverse evidence64% evidence | ASLEEP | 12.3/35 Income 28.2% · PAT -45% 71% evidence | 5.2/25 ROA -0.5% · ROE -3.9% · GNPA — 68% evidence | 9.7/20 P/BV 3.22× · P/BV÷ROE — 10% evidence | 4.6/20 RS sector -9.9% · RS bench -7% · 1Y -6.2%4 of 12 weeks ahead 100% evidence |
| Exact sum: 12.3 + 5.2 + 9.7 + 4.6 = 31.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 24Blue Owl Capital CorporationOBDC | 27.0/100Adverse evidence62% evidence | BASING | 9.4/35 Income -11% · PAT -50.5% 55% evidence | 10.1/25 ROA — · ROE 0.5% · GNPA — 34% evidence | 4.7/20 P/BV 0.77× · P/BV÷ROE 1.53 70% evidence | 2.8/20 RS sector -19.5% · RS bench -16.9% · 1Y -21%0 of 12 weeks ahead 100% evidence |
| Exact sum: 9.4 + 10.1 + 4.7 + 2.8 = 27 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 25The Carlyle Group Inc.CG | 25.3/100Adverse evidence64% evidence | BASING | 7.1/35 Income -28.9% · PAT -44% 71% evidence | 6.5/25 ROA 0.3% · ROE -2.1% · GNPA — 68% evidence | 9.6/20 P/BV 3.22× · P/BV÷ROE — 10% evidence | 2.1/20 RS sector -18.2% · RS bench -15.9% · 1Y -18.6%0 of 12 weeks ahead 100% evidence |
| Exact sum: 7.1 + 6.5 + 9.6 + 2.1 = 25.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 26Pershing Square Inc.PS | 56.4/100Thin evidence · provisional42% evidence | ASLEEP | 28.6/35 Income 68.8% · PAT 100% 71% evidence | 7.8/25 ROA 1% · ROE -35.8% · GNPA — 68% evidence | 10.0/20 P/BV — · P/BV÷ROE — 0% evidence | 10.0/20 RS sector — · RS bench — · 1Y —0 of 2 weeks ahead 0% evidence |
| Exact sum: 28.6 + 7.8 + 10 + 10 = 56.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 27Ameriprise Financial, Inc.AMP | 54.8/100Thin evidence · provisional46% evidence | BREAKING OUT | 16.6/35 Income — · PAT — 10% evidence | 16.4/25 ROA — · ROE 17.9% · GNPA — 34% evidence | 7.1/20 P/BV 6.48× · P/BV÷ROE 0.36 70% evidence | 14.7/20 RS sector -0.2% · RS bench 3.2% · 1Y 9.6%4 of 12 weeks ahead 100% evidence |
| Exact sum: 16.6 + 16.4 + 7.1 + 14.7 = 54.8 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 28Northern Trust CorporationNTRS | 51.9/100Thin evidence · provisional46% evidence | LEADER | 18.4/35 Income — · PAT — 10% evidence | 12.5/25 ROA — · ROE 6% · GNPA — 34% evidence | 8.6/20 P/BV 1.99× · P/BV÷ROE 0.33 70% evidence | 12.4/20 RS sector 7% · RS bench 11.2% · 1Y 45.2%12 of 12 weeks ahead 100% evidence |
| Exact sum: 18.4 + 12.5 + 8.6 + 12.4 = 51.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 29Ares Capital CorporationARCC | 38.0/100Thin evidence · provisional46% evidence | BASING | 16.5/35 Income — · PAT — 10% evidence | 10.6/25 ROA — · ROE 1.2% · GNPA — 34% evidence | 6.0/20 P/BV 0.96× · P/BV÷ROE 0.8 70% evidence | 4.9/20 RS sector -13.5% · RS bench -10.6% · 1Y -12.9%0 of 12 weeks ahead 100% evidence |
| Exact sum: 16.5 + 10.6 + 6 + 4.9 = 38 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Showing 10 of 29 companies
04 · what price has already done
Market action
Affiliated Managers Group, Inc. has the strongest one-year price move in Asset Management at +81.5%. Victory Capital Holdings, Inc. leads on Mansfield relative strength against the S&P 500 at +25.6%. 11 of 28 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-08-04.
Price and relative strength
Every company, the sector's own index and S&P 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.
How far ahead of or behind S&P 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS S&P 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.
The same measure taken against Asset Management itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.
05 · compare level, then change
Income Scale & Growth Durability
Brookfield Corporation has the highest Income among the 29 Asset Management companies compared here, at $70,520 million. Apollo Global Management, Inc. is next at $31,560 million. StepStone Group Inc. has the highest Income growth at 69.7%, so level and change sit with different companies. 14 of 29 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Brookfield Corporation is the scale leader at $70,520 million, 123.4% ahead of Apollo Global Management, Inc.. StepStone Group Inc.'s growth is 69.7% from a $1,994 million base, with 19 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
LeaderBrookfield Corporation · $70,520 million
Gap123.4% versus #2 · Apollo Global Management, Inc.
Persistence2/8 recent comparable periods
Coverage14/29 companies · 540 observations
Investor read: Brookfield Corporation is the scale benchmark; StepStone Group Inc. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Brookfield Corporation's growth falls below StepStone Group Inc.'s for two consecutive comparable reports while operating margin also compresses.
For lenders, reported income is used instead of industrial-company sales. Growth is compared year-on-year.
Incomelargest
Income growthfastest growers
Income · company comparison
14/29 level · 14/29 change
On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.
All-company data · latest reported quarter
In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
Full 20-quarter history · every available company
Income · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Apollo Global Management, Inc. · APO
$1.1B
$1.2B
$1.3B
$480M
$3.0B
$4.8B
$5.3B
$13.7B
$2.6B
$11.0B
$7.0B
$6.0B
$7.8B
$5.3B
$5.5B
$6.8B
$9.8B
$9.9B
$5.1B
—
Ares Management Corporation · ARES
$949M
$1.3B
$715M
$601M
$801M
$938M
$813M
$1.1B
$671M
$1.1B
$707M
$789M
$1.1B
$1.3B
$1.1B
$1.4B
$1.7B
$1.5B
$1.4B
—
BlackRock, Inc. · BLK
$5.1B
$5.1B
$4.7B
$4.5B
$4.3B
$4.3B
$4.2B
$4.5B
$4.5B
$4.6B
$4.7B
$4.8B
$5.2B
$5.7B
$5.3B
$5.4B
$6.5B
$7.0B
$6.7B
$7.1B
Blackstone Inc. · BX
$6.2B
$5.8B
$5.1B
$629M
$1.1B
$1.7B
$1.4B
$2.8B
$2.5B
$1.3B
$3.7B
$2.8B
$3.7B
$3.1B
$3.3B
$3.7B
$3.1B
$4.4B
$3.6B
—
Brookfield Asset Management Ltd. · BAM
$857M
$857M
$755M
$924M
$831M
$1.1B
$1.1B
$985M
$893M
$1.1B
$884M
$916M
$1.1B
$1.1B
$1.1B
$1.1B
$1.3B
$1.4B
$1.3B
—
Brookfield Corporation · BN
$19.2B
$21.8B
$21.9B
$23.3B
$23.4B
$24.2B
$23.3B
$23.7B
$24.4B
$24.5B
$22.9B
$23.1B
$20.6B
$19.4B
$12.5B
$18.1B
$18.9B
$20.2B
$13.4B
—
KKR & Co. Inc. · KKR
$4.5B
$4.0B
$999M
$323M
$1.9B
$2.5B
$3.1B
$3.6B
$3.3B
$4.4B
$9.7B
$4.2B
$4.8B
$3.3B
$3.1B
$5.1B
$5.5B
$5.7B
$4.3B
—
Northern Trust Corporation · NTRS
$1.6B
$1.7B
$1.7B
$1.8B
$1.8B
$1.5B
$1.7B
$1.8B
$1.7B
$1.5B
$1.7B
$2.7B
$2.0B
$2.0B
$1.9B
$2.0B
$2.0B
$2.1B
$2.2B
—
Raymond James Financial, Inc. · RJF
$2.7B
$2.8B
$2.7B
$2.7B
$2.8B
$2.8B
$2.9B
$2.9B
$3.1B
$3.0B
$3.1B
$3.2B
$3.5B
$3.5B
$3.4B
$3.4B
$3.7B
$3.7B
$3.9B
—
State Street Corporation · STT
$3.0B
$3.1B
$3.1B
$3.0B
$3.0B
$3.2B
$3.1B
$3.1B
$2.7B
$3.0B
$3.1B
$3.2B
$3.3B
$3.4B
$3.3B
$3.4B
$3.5B
$3.7B
$3.8B
—
T. Rowe Price Group, Inc. · TROW
$2.0B
$2.0B
$1.9B
$1.5B
$1.6B
$1.5B
$1.5B
$1.6B
$1.7B
$1.6B
$1.8B
$1.7B
$1.8B
$1.8B
$1.8B
$1.7B
$1.9B
$1.9B
$1.9B
—
Income growth · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Ameriprise Financial, Inc. · AMP
—
—
—
2.0%
20%
-1.2%
3.2%
11%
13%
9.0%
11%
8.9%
12%
13%
5.0%
3.7%
9.0%
10%
11%
—
Apollo Global Management, Inc. · APO
—
—
—
-65%
176%
305%
309%
2,755%
-13%
128%
33%
-56%
200%
-52%
-21%
13%
26%
87%
-8.8%
—
Ares Management Corporation · ARES
—
—
—
-54%
-16%
-28%
14%
82%
-16%
12%
-13%
-28%
68%
19%
54%
71%
47%
20%
28%
—
BlackRock, Inc. · BLK
—
—
—
-6.1%
-15%
-15%
-9.7%
-1.4%
4.9%
6.8%
11%
7.7%
15%
23%
12%
13%
25%
23%
27%
31%
Blackstone Inc. · BX
—
—
—
-88%
-83%
-70%
-73%
348%
140%
-25%
167%
-0.7%
44%
140%
-11%
33%
-16%
41%
10%
—
Brookfield Asset Management Ltd. · BAM
—
—
—
25%
-3.0%
30%
40%
6.6%
7.5%
1.2%
-16%
-7.0%
25%
-5.9%
22%
19%
12%
31%
24%
—
Brookfield Corporation · BN
—
—
—
27%
22%
11%
6.5%
1.8%
4.4%
1.3%
-1.7%
-2.6%
-16%
-21%
-46%
-22%
-8.3%
3.8%
7.2%
—
KKR & Co. Inc. · KKR
—
—
—
-90%
-59%
-38%
213%
1,023%
79%
75%
209%
15%
45%
-26%
-68%
22%
15%
76%
39%
—
Northern Trust Corporation · NTRS
—
—
—
9.8%
6.5%
-9.8%
0.8%
0.5%
-2.3%
1.3%
-4.3%
53%
14%
28%
17%
-27%
4.1%
8.2%
14%
—
Raymond James Financial, Inc. · RJF
—
—
—
10%
5.1%
0.2%
7.5%
7.0%
7.8%
8.2%
8.5%
11%
13%
17%
9.1%
5.3%
7.7%
5.6%
13%
—
State Street Corporation · STT
—
—
—
-2.7%
-1.0%
3.3%
0.7%
5.3%
-9.1%
-3.6%
1.2%
2.6%
21%
12%
4.7%
8.1%
8.8%
7.5%
16%
—
T. Rowe Price Group, Inc. · TROW
—
—
—
-22%
-19%
-22%
-17%
6.4%
5.2%
7.7%
14%
7.6%
6.9%
11%
0.8%
-0.6%
6.1%
6.0%
5.3%
—
06 · compare level, then change
Profit Scale & Acceleration
BlackRock, Inc. has the highest Net profit among the 29 Asset Management companies compared here, at $7,130 million. Brookfield Corporation is next at $3,769 million. Brookfield Corporation has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies. Its Net profit series carries 20 reported observations across the 20-quarter window.
What the numbers say: BlackRock, Inc. leads with $7,130 million of TTM profit, 89.2% above Brookfield Corporation. Brookfield Corporation shows ≥100% on the scoring scale (154.2% uncapped) growth from a $3,769 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
LeaderBlackRock, Inc. · $7,130 million
Gap89.2% versus #2 · Brookfield Corporation
Persistence5/8 recent comparable periods
Coverage14/29 companies · 542 observations
Investor read: BlackRock, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
Net profit is ranked only where the comparison base is economically meaningful. Loss-to-profit flips are shown but do not win the growth table.
Net profitlargest
Profit growthfastest growers
Net profit · company comparison
14/29 level · 12/29 change
All-company data · latest reported quarter
Full 20-quarter history · every available company
Net profit · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Ameriprise Financial, Inc. · AMP
$1.0B
$701M
$825M
$614M
$1.1B
$649M
$417M
$890M
$872M
$377M
$990M
$829M
$511M
$1.1B
$583M
$1.1B
$912M
$1.0B
$915M
—
Apollo Global Management, Inc. · APO
$631M
$612M
$1.3B
$182M
$-849M
$1.0B
$1.5B
$750M
$640M
$3.6B
$1.8B
$1.2B
$1.8B
$1.7B
$938M
$842M
$2.5B
$1.2B
$-1.4B
—
Ares Management Corporation · ARES
$217M
$266M
$141M
$54M
$-49M
$293M
$207M
$332M
$197M
$424M
$204M
$276M
$281M
$350M
$124M
$226M
$540M
$198M
$253M
—
BlackRock, Inc. · BLK
$1.8B
$1.6B
$1.4B
$963M
$1.4B
$1.3B
$1.2B
$1.4B
$1.6B
$1.5B
$1.6B
$1.5B
$1.7B
$1.7B
$1.5B
$1.7B
$1.5B
$1.2B
$2.3B
$2.0B
Blackstone Inc. · BX
$3.2B
$2.9B
$2.5B
$-256M
$4M
$743M
$211M
$1.2B
$921M
$109M
$1.6B
$948M
$1.6B
$1.3B
$1.2B
$1.6B
$1.2B
$2.0B
$1.3B
—
Brookfield Asset Management Ltd. · BAM
$875M
$875M
$723M
$834M
$695M
$613M
$516M
$580M
$510M
$531M
$373M
$518M
$537M
$680M
$507M
$584M
$692M
$615M
$586M
—
Brookfield Corporation · BN
$2.7B
$3.5B
$3.0B
$1.5B
$716M
$44M
$424M
$1.5B
$35M
$3.1B
$519M
$-285M
$1.5B
$101M
$149M
$1.1B
$284M
$1.7B
$749M
—
KKR & Co. Inc. · KKR
$3.3B
$992M
$1.3B
$-1.8B
$125M
$20M
$260M
$1.1B
$2.4B
$1.6B
$1.1B
$993M
$1.4B
$1.4B
$684M
$1.4B
$1.8B
$2.3B
$278M
—
Northern Trust Corporation · NTRS
$396M
$406M
$389M
$396M
$395M
$156M
$335M
$332M
$328M
$113M
$215M
$896M
$465M
$455M
$392M
$421M
$458M
$466M
$526M
—
Raymond James Financial, Inc. · RJF
$429M
$446M
$323M
$301M
$439M
$509M
$427M
$369M
$434M
$498M
$476M
$492M
$602M
$600M
$495M
$436M
$604M
$563M
$544M
—
State Street Corporation · STT
$714M
$697M
$604M
$747M
$690M
$733M
$549M
$763M
$422M
$210M
$463M
$711M
$730M
$783M
$644M
$693M
$861M
$747M
$764M
—
T. Rowe Price Group, Inc. · TROW
$757M
$734M
$514M
$288M
$358M
$290M
$442M
$481M
$439M
$474M
$593M
$485M
$640M
$417M
$505M
$556M
$687M
$461M
$484M
—
Profit growth · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Ameriprise Financial, Inc. · AMP
—
—
—
3.9%
2.9%
-7.4%
-49%
45%
-18%
-42%
137%
-6.9%
-41%
184%
-41%
28%
78%
-5.9%
57%
—
Apollo Global Management, Inc. · APO
—
—
—
-88%
-235%
65%
20%
312%
—
256%
15%
57%
176%
-54%
-47%
-28%
39%
-30%
-250%
—
Ares Management Corporation · ARES
—
—
—
-80%
-123%
10%
47%
515%
—
45%
-1.5%
-17%
43%
-17%
-39%
-18%
92%
-43%
104%
—
BlackRock, Inc. · BLK
—
—
—
-38%
-22%
-20%
-14%
48%
17%
14%
39%
8.0%
6.0%
12%
-6.7%
8.3%
-9.7%
-26%
54%
23%
Blackstone Inc. · BX
—
—
—
-109%
-100%
-75%
-92%
—
—
-85%
656%
-21%
70%
1,119%
-24%
72%
-21%
49%
4.1%
—
Brookfield Asset Management Ltd. · BAM
—
—
—
57%
-21%
-30%
-29%
-30%
-27%
-13%
-28%
-11%
5.3%
28%
36%
13%
29%
-9.6%
16%
—
Brookfield Corporation · BN
—
—
—
-39%
-74%
-99%
-86%
2.5%
-95%
7,023%
22%
-119%
4,237%
-97%
-71%
—
-81%
1,564%
403%
—
KKR & Co. Inc. · KKR
—
—
—
-143%
-96%
-98%
-79%
—
1,806%
7,845%
321%
-12%
-40%
-13%
-37%
36%
28%
64%
-59%
—
Northern Trust Corporation · NTRS
—
—
—
7.6%
-0.3%
-62%
-14%
-16%
-17%
-28%
-36%
170%
42%
303%
82%
-53%
-1.5%
2.4%
34%
—
Raymond James Financial, Inc. · RJF
—
—
—
-2.0%
2.3%
14%
32%
23%
-1.1%
-2.2%
11%
33%
39%
20%
4.0%
-11%
0.3%
-6.2%
9.9%
—
State Street Corporation · STT
—
—
—
-2.1%
-3.4%
5.2%
-9.1%
2.1%
-39%
-71%
-16%
-6.8%
73%
273%
39%
-2.5%
18%
-4.6%
19%
—
T. Rowe Price Group, Inc. · TROW
—
—
—
-66%
-53%
-60%
-14%
67%
23%
63%
34%
0.8%
46%
-12%
-15%
15%
7.3%
11%
-4.2%
—
07 · compare level, then change
Funding Base & Its Composition
Northern Trust Corporation has the highest Deposits among the 29 Asset Management companies compared here, at $145,580 million. Ameriprise Financial, Inc. is next at $33,732 million. Brookfield Corporation has the highest Borrowings at $189,695 million, so level and change sit with different companies. 2 of 29 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Northern Trust Corporation leads deposits at $145,580 million; Brookfield Corporation leads borrowings at $189,695 million.
LeaderNorthern Trust Corporation · $145,580 million
Gap331.6% versus #2 · Ameriprise Financial, Inc.
Persistence8/8 recent comparable periods
Coverage2/29 companies · 40 observations
Investor read: Northern Trust Corporation sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current borrowings signal.
For banks, debt is operating funding rather than industrial leverage. Deposits and borrowings are therefore shown as funding-base levels; asset quality, funding cost and liquidity determine whether that funding is attractive.
Depositslargest deposit bases
Borrowingslargest borrowings
Funding base · company comparison
2/29 level · 26/29 change
All-company data · latest reported quarter
Full 20-quarter history · every available company
Deposits · reported quarter history
Ameriprise Financial, Inc. · AMP
$18.7B
$20.2B
$22.0B
$24.3B
$28.1B
$30.8B
$33.9B
$35.6B
$36.1B
$37.3B
$37.0B
$36.2B
$36.3B
$35.8B
$35.6B
$34.6B
$33.6B
$33.8B
$33.3B
$33.7B
Northern Trust Corporation · NTRS
$141.9B
$159.9B
$149.6B
$133.7B
$128.5B
$123.9B
$113.7B
$113.2B
$110.2B
$116.2B
$123.9B
$123.0B
$121.2B
$122.5B
$131.0B
$137.1B
$135.8B
$142.8B
$139.7B
$145.6B
Borrowings · reported quarter history
Showing the 12 largest of 26 companies with a series here. The remaining 14 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Ameriprise Financial, Inc. · AMP
$5.0B
$5.0B
$4.5B
$4.9B
$5.2B
$5.2B
$5.9B
$5.8B
$5.8B
$5.6B
$5.5B
$5.8B
$5.7B
$5.3B
$6.0B
$5.8B
$5.7B
$5.7B
$5.6B
$6.3B
Apollo Global Management, Inc. · APO
$14.1B
$14.2B
$3.5B
$3.5B
$3.5B
$6.5B
$3.6B
$4.5B
$7.0B
$8.1B
$9.6B
$5.7B
$9.8B
$10.6B
$10.6B
$12.1B
$12.6B
$13.4B
$14.2B
—
Ares Management Corporation · ARES
$11.7B
$12.5B
$12.7B
$12.6B
$12.7B
$13.3B
$13.6B
$14.0B
$14.2B
$15.8B
$15.3B
$14.5B
$14.4B
$13.1B
$13.4B
$13.5B
$12.7B
$14.2B
$14.1B
—
BlackRock, Inc. · BLK
$8.4B
$9.3B
$9.3B
$8.5B
$8.4B
$8.5B
$8.5B
$9.7B
$9.7B
$9.7B
$11.6B
$11.7B
$14.2B
$14.2B
$14.3B
$14.7B
$15.0B
$15.0B
$15.0B
—
Blackstone Inc. · BX
$8.4B
$8.7B
$10.0B
$10.5B
$10.6B
$13.4B
$13.3B
$13.3B
$13.1B
$12.3B
$11.7B
$11.8B
$11.9B
$12.3B
$13.4B
$12.9B
$12.9B
$13.3B
$14.2B
$14.0B
Brookfield Asset Management Ltd. · BAM
$461M
$461M
$1.3B
$1.3B
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$251M
$639M
$1.3B
$1.9B
$2.9B
$2.9B
—
Brookfield Corporation · BN
$166.5B
$175.9B
$185.0B
$199.6B
$204.5B
$214.1B
$222.8B
$219.7B
$226.6B
$233.7B
$235.6B
$242.5B
$247.1B
$234.8B
$245.9B
$250.6B
$186.2B
$259.6B
$189.7B
—
KKR & Co. Inc. · KKR
$41.2B
$38.6B
$38.1B
$39.2B
$40.2B
$42.7B
$44.7B
$46.1B
$46.0B
$47.5B
$48.1B
$49.1B
$49.5B
$49.6B
$49.6B
$51.2B
$53.1B
$52.9B
$53.0B
—
Northern Trust Corporation · NTRS
$4.0B
$3.7B
$3.5B
$4.4B
$3.8B
$4.8B
$4.8B
$4.8B
$6.8B
$6.8B
$6.8B
$6.8B
$6.9B
$6.9B
$6.9B
$6.9B
$6.9B
$6.8B
$6.2B
$5.4B
Raymond James Financial, Inc. · RJF
$35.4B
$37.0B
$37.6B
$53.3B
$54.7B
$54.0B
$55.9B
$56.9B
$57.3B
$58.5B
$58.2B
$57.5B
$59.1B
$58.9B
$59.3B
$60.1B
$63.4B
$64.4B
$66.6B
—
State Street Corporation · STT
$14.2B
$15.2B
$18.2B
$14.6B
$18.4B
$18.3B
$20.0B
$21.5B
$21.7B
$24.4B
$34.9B
$36.0B
$33.0B
$36.8B
$40.2B
$38.1B
$34.7B
$29.8B
$30.2B
$30.5B
T. Rowe Price Group, Inc. · TROW
$142M
$249M
$212M
$205M
$320M
$330M
$324M
$323M
$309M
$309M
$302M
$299M
$288M
$279M
$472M
$475M
$455M
$447M
$438M
$0M
08 · compare level, then change
Return On Assets
StepStone Group Inc. has the highest ROA among the 29 Asset Management companies compared here, at 6.9%. SEI Investments Company is next at 5.2%. The same company also holds the highest ROA change, at +7.1 percentage points. 25 of 29 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: StepStone Group Inc. leads both roa at 6.9% and roa change at +7.1 percentage points.
LeaderStepStone Group Inc. · 6.9%
Gap32.7% versus #2 · SEI Investments Company
Persistence2/8 recent comparable periods
Coverage25/29 companies · 476 observations
Investor read: StepStone Group Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roa change signal.
ROA is the cleanest first comparison for lenders because the balance sheet is the operating asset.
ROAhighest
ROA changefastest improvers
Return on assets · company comparison
25/29 level · 25/29 change
All-company data · latest reported quarter
| Company | ROA | ROA change | Reported |
|---|---|---|---|
| StepStone Group Inc. STEP | 6.9% | +7.1 pp | Mar 2026 |
| SEI Investments Company SEIC | 5.2% | +0.7 pp | Jun 2026 |
| Blackstone Inc. BX | 5.0% | +1.2 pp | Jun 2026 |
| Victory Capital Holdings, Inc. VCTR | 3.6% | +0.8 pp | Mar 2026 |
| Hamilton Lane Incorporated HLNE | 3.6% | −1.1 pp | Mar 2026 |
| Brookfield Asset Management Ltd. BAM | 3.3% | −0.3 pp | Mar 2026 |
| T. Rowe Price Group, Inc. TROW | 2.8% | +0.1 pp | Jun 2026 |
| BlackRock, Inc. BLK | 2.5% | +1.6 pp | Jun 2026 |
| Blue Owl Capital Inc. OWL | 1.6% | +0.8 pp | Jun 2026 |
| Affiliated Managers Group, Inc. AMG | 1.6% | +0.6 pp | Jun 2026 |
| Ares Management Corporation ARES | 1.5% | +0.8 pp | Jun 2026 |
| Raymond James Financial, Inc. RJF | 1.4% | +0.9 pp | Jun 2026 |
| Janus Henderson Group plc JHG | 1.2% | −0.6 pp | Mar 2026 |
| Pershing Square Inc. PS | 1.0% | +5.6 pp | Mar 2026 |
| Invesco Ltd. IVZ | 1.0% | +0.4 pp | Jun 2026 |
| Brookfield Corporation BN | 0.7% | +0.5 pp | Mar 2026 |
| Franklin Resources, Inc. BEN | 0.4% | +0.1 pp | Jun 2026 |
| State Street Corporation STT | 0.3% | +0.1 pp | Jun 2026 |
| The Carlyle Group Inc. CG | 0.3% | −1.0 pp | Mar 2026 |
| Equitable Holdings, Inc. EQH | 0.3% | +0.2 pp | Mar 2026 |
| KKR & Co. Inc. KKR | 0.2% | +0.1 pp | Jun 2026 |
| Principal Financial Group, Inc. PFG | 0.1% | 0.0 pp | Jun 2026 |
| Corebridge Financial, Inc. CRBG | 0.0% | +0.1 pp | Mar 2026 |
| Apollo Global Management, Inc. APO | -0.5% | −0.8 pp | Mar 2026 |
| TPG Inc. TPG | -0.8% | −1.8 pp | Mar 2026 |
Full 20-quarter history · every available company
ROA · reported quarter history
Showing the 12 largest of 25 companies with a series here. The remaining 13 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Apollo Global Management, Inc. · APO
1.7%
-1.7%
1.9%
0.1%
-4.5%
0.7%
12%
5.5%
0.4%
0.7%
1.0%
0.7%
0.5%
0.5%
0.3%
0.3%
0.6%
0.4%
-0.5%
—
Ares Management Corporation · ARES
0.7%
1.2%
0.5%
0.2%
-0.4%
1.0%
0.7%
1.0%
0.4%
1.1%
0.6%
0.8%
1.0%
1.0%
0.3%
0.7%
1.1%
0.9%
0.7%
1.5%
BlackRock, Inc. · BLK
0.9%
1.0%
0.9%
0.8%
0.9%
0.8%
0.8%
1.0%
1.2%
1.0%
1.2%
1.1%
1.2%
1.3%
1.1%
0.9%
1.0%
0.8%
1.5%
2.5%
Blackstone Inc. · BX
9.9%
8.6%
6.9%
-0.1%
0.0%
2.2%
0.6%
2.9%
2.6%
0.8%
4.2%
2.4%
3.9%
3.5%
3.0%
3.8%
2.8%
4.3%
2.8%
5.0%
Brookfield Asset Management Ltd. · BAM
0.0%
0.0%
2.3%
4.2%
2.1%
3.3%
2.4%
2.4%
3.8%
4.1%
2.6%
3.3%
3.9%
3.9%
3.6%
3.3%
4.6%
4.1%
3.3%
—
Brookfield Corporation · BN
1.2%
1.4%
1.3%
1.0%
0.6%
0.3%
0.6%
1.0%
0.1%
1.5%
0.7%
-13%
1.1%
0.2%
0.2%
1.0%
0.4%
1.1%
0.7%
—
KKR & Co. Inc. · KKR
0.7%
0.4%
-0.1%
-0.1%
0.0%
0.0%
0.1%
0.2%
0.3%
0.1%
0.1%
0.1%
0.0%
0.1%
-0.2%
0.1%
0.1%
0.1%
0.1%
0.2%
Principal Financial Group, Inc. · PFG
0.1%
0.2%
0.1%
1.1%
0.5%
0.0%
0.0%
0.1%
0.4%
-0.3%
0.2%
0.1%
-0.1%
0.3%
0.0%
0.1%
0.1%
0.2%
0.1%
0.1%
Raymond James Financial, Inc. · RJF
0.8%
0.7%
0.5%
0.4%
0.6%
0.7%
0.6%
0.5%
0.6%
0.6%
0.6%
0.6%
0.8%
0.7%
0.6%
0.5%
0.7%
0.7%
0.6%
1.4%
State Street Corporation · STT
0.2%
0.2%
0.2%
0.2%
0.2%
0.2%
0.2%
0.3%
0.1%
0.1%
0.1%
0.2%
0.2%
0.3%
0.2%
0.2%
0.2%
0.2%
0.2%
0.3%
T. Rowe Price Group, Inc. · TROW
7.1%
6.0%
5.8%
4.3%
3.6%
1.6%
2.8%
3.3%
3.6%
2.4%
3.6%
3.3%
3.6%
3.2%
3.4%
2.7%
3.5%
2.5%
3.7%
2.8%
TPG Inc. · TPG
3.3%
9.8%
3.3%
-3.8%
0.5%
2.5%
0.3%
0.4%
-1.2%
0.5%
0.2%
-0.2%
0.3%
0.0%
1.0%
0.4%
1.7%
2.3%
-0.8%
—
ROA change · reported quarter history
Showing the 12 largest of 25 companies with a series here. The remaining 13 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Apollo Global Management, Inc. · APO
—
—
—
—
−6.2 pp
+2.4 pp
+9.9 pp
+5.4 pp
+4.9 pp
0.0 pp
−10.8 pp
−4.8 pp
+0.1 pp
−0.2 pp
−0.7 pp
−0.4 pp
+0.1 pp
−0.1 pp
−0.8 pp
—
Ares Management Corporation · ARES
—
—
—
—
−1.1 pp
−0.2 pp
+0.2 pp
+0.8 pp
+0.8 pp
+0.1 pp
−0.1 pp
−0.2 pp
+0.6 pp
−0.1 pp
−0.3 pp
−0.1 pp
+0.1 pp
−0.1 pp
+0.4 pp
+0.8 pp
BlackRock, Inc. · BLK
—
—
—
—
0.0 pp
−0.2 pp
−0.1 pp
+0.2 pp
+0.3 pp
+0.2 pp
+0.4 pp
+0.1 pp
0.0 pp
+0.3 pp
−0.1 pp
−0.2 pp
−0.2 pp
−0.5 pp
+0.4 pp
+1.6 pp
Blackstone Inc. · BX
—
—
—
—
−9.9 pp
−6.4 pp
−6.3 pp
+3.0 pp
+2.6 pp
−1.4 pp
+3.6 pp
−0.5 pp
+1.3 pp
+2.7 pp
−1.2 pp
+1.4 pp
−1.1 pp
+0.8 pp
−0.2 pp
+1.2 pp
Brookfield Asset Management Ltd. · BAM
—
—
—
—
+2.1 pp
+3.3 pp
+0.1 pp
−1.8 pp
+1.7 pp
+0.8 pp
+0.2 pp
+0.9 pp
+0.1 pp
−0.2 pp
+1.0 pp
0.0 pp
+0.7 pp
+0.2 pp
−0.3 pp
—
Brookfield Corporation · BN
—
—
—
—
−0.6 pp
−1.1 pp
−0.7 pp
0.0 pp
−0.5 pp
+1.2 pp
+0.1 pp
−14.1 pp
+1.0 pp
−1.3 pp
−0.5 pp
+14.1 pp
−0.7 pp
+0.9 pp
+0.5 pp
—
KKR & Co. Inc. · KKR
—
—
—
—
−0.7 pp
−0.4 pp
+0.2 pp
+0.3 pp
+0.3 pp
+0.1 pp
0.0 pp
−0.1 pp
−0.3 pp
0.0 pp
−0.3 pp
0.0 pp
+0.1 pp
0.0 pp
+0.3 pp
+0.1 pp
Principal Financial Group, Inc. · PFG
—
—
—
—
+0.4 pp
−0.2 pp
−0.1 pp
−1.0 pp
−0.1 pp
−0.3 pp
+0.2 pp
0.0 pp
−0.5 pp
+0.6 pp
−0.2 pp
0.0 pp
+0.2 pp
−0.1 pp
+0.1 pp
0.0 pp
Raymond James Financial, Inc. · RJF
—
—
—
—
−0.2 pp
0.0 pp
+0.1 pp
+0.1 pp
0.0 pp
−0.1 pp
0.0 pp
+0.1 pp
+0.2 pp
+0.1 pp
0.0 pp
−0.1 pp
−0.1 pp
0.0 pp
0.0 pp
+0.9 pp
State Street Corporation · STT
—
—
—
—
0.0 pp
0.0 pp
0.0 pp
+0.1 pp
−0.1 pp
−0.1 pp
−0.1 pp
−0.1 pp
+0.1 pp
+0.2 pp
+0.1 pp
0.0 pp
0.0 pp
−0.1 pp
0.0 pp
+0.1 pp
T. Rowe Price Group, Inc. · TROW
—
—
—
—
−3.5 pp
−4.4 pp
−3.0 pp
−1.0 pp
0.0 pp
+0.8 pp
+0.8 pp
0.0 pp
0.0 pp
+0.8 pp
−0.2 pp
−0.6 pp
−0.1 pp
−0.7 pp
+0.3 pp
+0.1 pp
TPG Inc. · TPG
—
—
—
—
−2.8 pp
−7.3 pp
−3.0 pp
+4.2 pp
−1.7 pp
−2.0 pp
−0.1 pp
−0.6 pp
+1.5 pp
−0.5 pp
+0.8 pp
+0.6 pp
+1.4 pp
+2.3 pp
−1.8 pp
—
09 · compare level, then change
ROE — Leaders & Improvers
Equitable Holdings, Inc. has the highest ROE among the 29 Asset Management companies compared here, at 24.1%. Ameriprise Financial, Inc. is next at 17.9%. The same company also holds the highest ROE change, at +20.3 percentage points. 29 of 29 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Equitable Holdings, Inc. leads both roe at 24.1% and roe change at +20.3 percentage points.
LeaderEquitable Holdings, Inc. · 24.1%
Gap34.6% versus #2 · Ameriprise Financial, Inc.
Persistence2/8 recent comparable periods
Coverage29/29 companies · 555 observations
Investor read: Equitable Holdings, Inc. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roe change signal.
ROE shows the return to shareholders, but should be read with asset quality and leverage.
ROEhighest
ROE changefastest improvers
Return on equity · company comparison
29/29 level · 29/29 change
All-company data · latest reported quarter
| Company | ROE | ROE change | Reported |
|---|---|---|---|
| Equitable Holdings, Inc. EQH | 24% | +20.3 pp | Mar 2026 |
| Ameriprise Financial, Inc. AMP | 18% | −1.2 pp | Jun 2026 |
| Blackstone Inc. BX | 11% | +2.6 pp | Jun 2026 |
| Raymond James Financial, Inc. RJF | 9.7% | +6.0 pp | Jun 2026 |
| Hamilton Lane Incorporated HLNE | 9.6% | +0.4 pp | Mar 2026 |
| BlackRock, Inc. BLK | 7.9% | +4.4 pp | Jun 2026 |
| SEI Investments Company SEIC | 7.7% | −2.2 pp | Jun 2026 |
| Ares Management Corporation ARES | 7.1% | +4.0 pp | Jun 2026 |
| Victory Capital Holdings, Inc. VCTR | 6.4% | +0.8 pp | Mar 2026 |
| T. Rowe Price Group, Inc. TROW | 6.1% | +0.8 pp | Jun 2026 |
| Affiliated Managers Group, Inc. AMG | 6.1% | +3.1 pp | Jun 2026 |
| Northern Trust Corporation NTRS | 6.0% | +2.7 pp | Jun 2026 |
| Brookfield Asset Management Ltd. BAM | 5.3% | +0.7 pp | Mar 2026 |
| State Street Corporation STT | 3.9% | +1.2 pp | Jun 2026 |
| Principal Financial Group, Inc. PFG | 3.6% | −0.2 pp | Jun 2026 |
| Invesco Ltd. IVZ | 2.4% | +1.1 pp | Jun 2026 |
| KKR & Co. Inc. KKR | 2.1% | 0.0 pp | Jun 2026 |
| Blue Owl Capital Inc. OWL | 1.9% | +0.7 pp | Jun 2026 |
| Janus Henderson Group plc JHG | 1.9% | −0.4 pp | Mar 2026 |
| Franklin Resources, Inc. BEN | 1.8% | +1.0 pp | Jun 2026 |
| Ares Capital Corporation ARCC | 1.2% | −1.5 pp | Jun 2026 |
| Brookfield Corporation BN | 0.5% | +0.4 pp | Mar 2026 |
| StepStone Group Inc. STEP | 0.5% | −0.2 pp | Mar 2026 |
| Blue Owl Capital Corporation OBDC | 0.5% | −3.9 pp | Mar 2026 |
| Corebridge Financial, Inc. CRBG | -0.5% | +4.7 pp | Mar 2026 |
| The Carlyle Group Inc. CG | -2.1% | −4.7 pp | Mar 2026 |
| TPG Inc. TPG | -3.4% | −6.0 pp | Mar 2026 |
| Apollo Global Management, Inc. APO | -3.9% | −7.1 pp | Mar 2026 |
| Pershing Square Inc. PS | -36% | +6.6 pp | Mar 2026 |
Full 20-quarter history · every available company
ROE · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Ameriprise Financial, Inc. · AMP
18%
12%
16%
12%
24%
13%
9.1%
21%
25%
8.8%
22%
18%
11%
22%
11%
19%
15%
17%
16%
18%
Apollo Global Management, Inc. · APO
8.8%
6.7%
19%
2.6%
-12%
7.4%
34%
18%
5.8%
18%
11%
7.2%
7.1%
5.9%
3.2%
2.7%
6.9%
3.2%
-3.9%
—
Ares Management Corporation · ARES
6.1%
7.1%
3.4%
1.2%
-1.1%
6.8%
5.1%
6.8%
4.1%
9.6%
4.2%
5.1%
5.1%
5.6%
1.8%
3.1%
7.4%
2.5%
2.9%
7.1%
BlackRock, Inc. · BLK
4.7%
4.3%
3.6%
2.5%
3.6%
3.4%
3.0%
3.6%
4.1%
3.7%
4.0%
3.7%
4.0%
3.7%
3.3%
3.5%
2.9%
2.2%
4.1%
7.9%
Blackstone Inc. · BX
19%
16%
13%
-1.3%
0.0%
3.6%
1.0%
6.0%
4.8%
0.6%
8.6%
5.0%
8.2%
7.1%
6.3%
8.2%
6.1%
9.5%
6.1%
11%
Brookfield Asset Management Ltd. · BAM
13%
0.0%
11%
13%
5.4%
4.7%
4.2%
4.8%
4.5%
4.6%
3.3%
4.6%
4.8%
6.0%
4.6%
5.3%
6.3%
5.7%
5.3%
—
Brookfield Corporation · BN
2.3%
2.7%
2.3%
1.1%
0.6%
0.0%
0.3%
1.0%
0.0%
2.0%
0.3%
-0.2%
0.9%
0.1%
0.1%
0.6%
0.2%
1.0%
0.5%
—
KKR & Co. Inc. · KKR
7.2%
2.0%
2.4%
-3.4%
0.2%
0.0%
0.5%
2.0%
4.2%
2.8%
1.9%
1.7%
2.3%
2.3%
1.1%
2.1%
2.7%
3.2%
0.4%
2.1%
Northern Trust Corporation · NTRS
3.4%
3.4%
3.4%
3.5%
3.4%
1.3%
2.9%
2.9%
2.9%
1.0%
1.8%
7.4%
3.8%
3.7%
3.1%
3.3%
3.6%
3.6%
4.1%
6.0%
Raymond James Financial, Inc. · RJF
5.5%
5.5%
4.0%
3.5%
5.0%
5.5%
4.6%
3.8%
4.4%
4.8%
4.5%
4.7%
5.5%
5.3%
4.3%
3.7%
5.0%
4.6%
4.4%
9.7%
State Street Corporation · STT
2.7%
2.6%
2.4%
2.9%
2.6%
2.8%
2.2%
3.1%
1.7%
0.9%
1.9%
2.9%
3.0%
3.2%
2.5%
2.7%
3.2%
2.9%
2.8%
3.9%
T. Rowe Price Group, Inc. · TROW
9.8%
8.6%
5.9%
3.4%
4.1%
3.2%
4.8%
5.2%
4.7%
5.1%
6.2%
5.0%
6.4%
4.1%
4.9%
5.3%
6.4%
4.3%
4.5%
6.1%
ROE change · reported quarter history
Showing the 12 largest of 29 companies with a series here. The remaining 17 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Ameriprise Financial, Inc. · AMP
—
—
—
—
+6.2 pp
+1.4 pp
−6.6 pp
+8.9 pp
+0.9 pp
−4.5 pp
+12.8 pp
−2.9 pp
−13.9 pp
+12.7 pp
−10.6 pp
+0.8 pp
+4.3 pp
−4.4 pp
+4.4 pp
−1.2 pp
Apollo Global Management, Inc. · APO
—
—
—
—
−20.6 pp
+0.7 pp
+14.5 pp
+15.2 pp
+17.6 pp
+10.2 pp
−22.3 pp
−10.6 pp
+1.3 pp
−11.7 pp
−8.0 pp
−4.5 pp
−0.2 pp
−2.7 pp
−7.1 pp
—
Ares Management Corporation · ARES
—
—
—
—
−7.2 pp
−0.3 pp
+1.7 pp
+5.6 pp
+5.2 pp
+2.8 pp
−0.9 pp
−1.7 pp
+1.0 pp
−4.0 pp
−2.4 pp
−2.0 pp
+2.3 pp
−3.1 pp
+1.1 pp
+4.0 pp
BlackRock, Inc. · BLK
—
—
—
—
−1.1 pp
−0.9 pp
−0.6 pp
+1.1 pp
+0.5 pp
+0.3 pp
+1.0 pp
+0.1 pp
−0.1 pp
0.0 pp
−0.7 pp
−0.2 pp
−1.1 pp
−1.5 pp
+0.8 pp
+4.4 pp
Blackstone Inc. · BX
—
—
—
—
−18.7 pp
−12.6 pp
−11.8 pp
+7.3 pp
+4.8 pp
−3.0 pp
+7.6 pp
−1.0 pp
+3.4 pp
+6.5 pp
−2.3 pp
+3.2 pp
−2.1 pp
+2.4 pp
−0.2 pp
+2.6 pp
Brookfield Asset Management Ltd. · BAM
—
—
—
—
−7.9 pp
+4.7 pp
−7.0 pp
−8.2 pp
−0.9 pp
−0.1 pp
−0.9 pp
−0.2 pp
+0.3 pp
+1.4 pp
+1.3 pp
+0.7 pp
+1.5 pp
−0.3 pp
+0.7 pp
—
Brookfield Corporation · BN
—
—
—
—
−1.7 pp
−2.7 pp
−2.0 pp
−0.1 pp
−0.6 pp
+2.0 pp
0.0 pp
−1.2 pp
+0.9 pp
−1.9 pp
−0.2 pp
+0.8 pp
−0.7 pp
+0.9 pp
+0.4 pp
—
KKR & Co. Inc. · KKR
—
—
—
—
−7.0 pp
−2.0 pp
−1.9 pp
+5.4 pp
+4.0 pp
+2.8 pp
+1.4 pp
−0.3 pp
−1.9 pp
−0.5 pp
−0.8 pp
+0.4 pp
+0.4 pp
+0.9 pp
−0.7 pp
0.0 pp
Northern Trust Corporation · NTRS
—
—
—
—
0.0 pp
−2.1 pp
−0.5 pp
−0.6 pp
−0.5 pp
−0.3 pp
−1.1 pp
+4.5 pp
+0.9 pp
+2.7 pp
+1.3 pp
−4.1 pp
−0.2 pp
−0.1 pp
+1.0 pp
+2.7 pp
Raymond James Financial, Inc. · RJF
—
—
—
—
−0.5 pp
0.0 pp
+0.6 pp
+0.3 pp
−0.6 pp
−0.7 pp
−0.1 pp
+0.9 pp
+1.1 pp
+0.5 pp
−0.2 pp
−1.0 pp
−0.5 pp
−0.7 pp
+0.1 pp
+6.0 pp
State Street Corporation · STT
—
—
—
—
−0.1 pp
+0.2 pp
−0.2 pp
+0.2 pp
−0.9 pp
−1.9 pp
−0.3 pp
−0.2 pp
+1.3 pp
+2.3 pp
+0.6 pp
−0.2 pp
+0.2 pp
−0.3 pp
+0.3 pp
+1.2 pp
T. Rowe Price Group, Inc. · TROW
—
—
—
—
−5.7 pp
−5.4 pp
−1.1 pp
+1.8 pp
+0.6 pp
+1.9 pp
+1.4 pp
−0.2 pp
+1.7 pp
−1.0 pp
−1.3 pp
+0.3 pp
0.0 pp
+0.2 pp
−0.4 pp
+0.8 pp
10 · not available
Gross NPA — Leaders & Improvers
No company in this Asset Management comparison reports gross NPA on a comparable basis, so there is nothing to rank here — 0 of 29 companies have a usable current reading. The section is shown rather than removed so an unavailable metric is not mistaken for one that was quietly left out. Filings were read through Jun 2026.
Lower gross NPA is better. Improvement means the ratio is falling, so ranks are intentionally inverted.
11 · compare level, then change
Valuation Against Growth & Quality
Raymond James Financial, Inc. has the lowest P/BV ÷ ROE among the 29 Asset Management companies compared here, at 0.23×. BlackRock, Inc. is next at 0.33×. StepStone Group Inc. has the lowest P/BV at -9.31×, so level and change sit with different companies. 23 of 29 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Raymond James Financial, Inc. has the lowest comparable P/BV ÷ ROE at 0.23×, 30.3% below BlackRock, Inc.. Only 23 of 29 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
LeaderRaymond James Financial, Inc. · 0.23×
Gap30.3% versus #2 · BlackRock, Inc.
Persistence0/8 recent comparable periods
Coverage23/29 companies · 476 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.
Banks are compared on P/BV and P/BV÷ROE, not PEG. Lower is better only if asset quality and return durability hold; cheap book value with weakening NPAs is not automatically attractive.
P/BV ÷ ROElowest return-adjusted price
P/BVlowest P/BV
Valuation · company comparison
23/29 level · 28/29 change
All-company data · latest reported quarter
Full 20-quarter history · every available company
P/BV ÷ ROE · reported quarter history
Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Ameriprise Financial, Inc. · AMP
0.3
0.5
0.4
0.5
0.4
0.7
0.9
0.4
0.4
0.9
0.4
0.5
0.8
0.5
0.8
0.4
0.5
0.4
0.4
0.4
Apollo Global Management, Inc. · APO
0.7
0.7
1.2
5.5
—
0.7
0.6
1.2
1.0
0.2
0.4
0.6
0.6
0.9
1.4
1.6
0.5
1.1
—
—
Ares Management Corporation · ARES
1.2
1.1
2.5
5.1
—
1.1
1.8
1.5
2.7
1.3
3.5
2.6
3.0
1.8
4.0
2.8
1.1
3.4
2.1
—
BlackRock, Inc. · BLK
0.7
0.9
0.9
1.0
0.6
0.8
0.9
0.8
0.6
0.8
0.8
0.8
0.9
0.9
0.9
0.9
1.1
1.4
0.6
—
Blackstone Inc. · BX
0.5
0.6
0.7
—
—
1.9
8.8
1.5
2.3
23.0
1.6
2.6
2.0
2.2
2.1
1.6
2.5
1.4
1.7
0.9
Brookfield Asset Management Ltd. · BAM
—
—
—
—
—
1.0
1.3
1.2
1.3
1.5
2.4
1.5
1.8
1.7
2.0
2.0
1.7
1.8
1.8
—
Brookfield Corporation · BN
0.8
0.7
0.7
1.2
2.2
—
4.2
1.3
—
0.7
5.2
—
2.1
20.7
19.1
3.6
16.8
2.4
5.9
—
KKR & Co. Inc. · KKR
0.3
1.3
0.9
—
10.6
—
4.6
1.2
0.6
1.2
2.2
2.5
2.1
2.4
3.4
2.0
1.4
1.2
6.8
—
Northern Trust Corporation · NTRS
0.6
0.6
0.6
0.5
0.5
1.3
0.6
0.5
0.4
1.5
0.8
0.2
0.4
0.4
0.5
0.6
0.6
0.5
0.5
—
Raymond James Financial, Inc. · RJF
0.4
0.4
0.7
0.6
0.5
0.4
0.4
0.6
0.5
0.5
0.5
0.5
0.4
0.5
0.5
0.7
0.6
0.6
0.5
—
State Street Corporation · STT
0.4
0.5
0.5
0.3
0.3
0.4
0.5
0.3
0.5
1.1
0.5
0.3
0.3
0.4
0.4
0.4
0.4
0.5
0.5
0.4
T. Rowe Price Group, Inc. · TROW
0.6
0.6
0.6
0.8
0.6
0.9
0.6
0.5
0.5
0.5
0.5
0.5
0.4
0.6
0.4
0.4
0.3
0.5
0.4
0.4
P/BV · reported quarter history
Showing the 12 largest of 28 companies with a series here. The remaining 16 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Ameriprise Financial, Inc. · AMP
5.2
5.6
6.6
6.0
8.3
8.6
7.7
8.4
8.7
8.1
9.0
8.4
8.0
9.8
8.5
8.3
7.1
6.8
6.4
6.5
Apollo Global Management, Inc. · APO
5.7
4.8
23.2
14.4
14.9
5.5
20.1
22.1
6.0
3.8
4.3
4.4
4.0
5.4
4.4
4.2
3.3
3.6
3.2
—
Ares Management Corporation · ARES
7.2
7.7
8.4
6.1
7.2
7.6
9.1
10.2
11.2
12.0
14.6
13.3
15.2
10.2
7.2
8.7
7.9
8.4
6.1
—
BlackRock, Inc. · BLK
3.5
3.7
3.1
2.5
2.2
2.8
2.7
2.7
2.5
3.1
3.1
2.9
3.4
3.3
3.1
3.3
3.3
3.0
2.6
—
Blackstone Inc. · BX
8.9
9.7
9.3
7.5
7.8
6.9
8.8
9.2
10.8
13.8
13.6
13.1
16.0
15.4
12.9
13.1
15.0
13.3
10.3
9.7
Brookfield Asset Management Ltd. · BAM
—
—
—
—
—
4.9
5.6
5.8
5.9
7.0
7.8
7.1
8.8
10.0
9.2
10.6
10.8
10.4
9.4
—
Brookfield Corporation · BN
1.8
1.8
1.7
1.4
1.3
1.3
1.3
1.3
1.2
1.5
1.6
1.5
1.9
2.1
1.9
2.2
3.4
2.4
3.0
—
KKR & Co. Inc. · KKR
2.1
2.5
2.2
2.1
2.1
2.1
2.3
2.4
2.7
3.2
4.2
4.3
4.8
5.6
3.7
4.2
3.9
3.7
2.7
—
Northern Trust Corporation · NTRS
1.9
2.1
2.1
1.8
1.6
1.6
1.6
1.3
1.2
1.5
1.5
1.3
1.4
1.6
1.5
1.9
2.0
2.0
2.0
—
Raymond James Financial, Inc. · RJF
2.3
2.4
2.7
2.0
2.3
2.3
2.0
2.2
2.1
2.2
2.4
2.3
2.1
2.7
2.3
2.5
2.7
2.5
2.2
—
State Street Corporation · STT
1.1
1.2
1.2
0.9
0.9
1.1
1.0
1.0
0.9
1.0
1.0
0.9
1.0
1.1
1.0
1.1
1.2
1.3
1.3
1.7
T. Rowe Price Group, Inc. · TROW
5.4
5.0
3.8
2.9
2.6
2.8
2.8
2.7
2.5
2.5
2.8
2.6
2.4
2.4
2.0
2.0
2.1
2.1
1.8
2.2
12 · before the conclusion, check the blind spots
What can make this comparison misleading?
This Asset Management comparison names 6 specific ways its own evidence can mislead, all listed below. All 29 companies here report on comparable dates, so no rank carries a stale marker. 2 of the 7 ranked sections have fewer than three usable current readings. A high growth rate can still be a low-base artefact.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROE can be manufactured with leverage. Read it beside ROA and asset quality.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- Banks and lenders are not forced through operating-margin or ROCE comparisons; missing lender-specific fields remain visibly missing.
- Thin comparisons: Funding base, Asset quality have fewer than three usable current readings.
13 · evidence and freshness
How was this comparison built?
This comparison is built from the reported filings of 29 Asset Management companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-08-04. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-08-04 · weekly price and relative-strength history
Derived metricsGrowth, changes and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
14 · questions investors ask, short speakable answers
Asset Management company comparison FAQs
These 23 answers restate the Asset Management comparison above in question form. Every one is computed from the same 29 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-08-04. Nothing here is estimated, and none of it is a recommendation.
Is the Asset Management sector outperforming S&P 500?
Asset Management has underperformed S&P 500 by 6.7% over 52 weeks and 7.8% over 13 weeks. 11 of 28 covered companies beat the S&P 500 on Mansfield relative strength, while 9 of 28 beat the sector itself.
Which Asset Management company is largest by income?
Brookfield Corporation leads with income of $70,520 million, based on 14 of 29 comparable companies through Mar 2026.
Which Asset Management company is growing fastest?
StepStone Group Inc. has the fastest current income growth at 69.7%, across 14 of 29 comparable companies.
Which Asset Management company has the strongest 4-Factor Sector Score?
Victory Capital Holdings, Inc. ranks first at 66.2/100 with 76% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which Asset Management company has the largest deposit base?
Northern Trust Corporation has the largest reported deposit base at $145,580 million. Bank borrowings are operating funding, not industrial leverage.
Which Asset Management company has the lowest comparable P/BV-to-ROE?
Raymond James Financial, Inc. has the lowest comparable P/BV ÷ ROE at 0.23, among 23 of 29 companies whose earnings and growth are steady enough for the ratio to mean anything.
How much history does this Asset Management comparison include?
The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Which Asset Management company is the biggest?
Brookfield Corporation is the largest, with trailing-twelve-month income of $70,520 million, ahead of Apollo Global Management, Inc. at $31,560 million. That covers 14 of 29 companies with comparable reporting through Mar 2026.
Which Asset Management company makes the most profit?
BlackRock, Inc. earns the most, at $7,130 million of trailing-twelve-month net profit, from 14 of 29 comparable companies. Brookfield Corporation has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.
Which Asset Management company earns the highest return on capital?
StepStone Group Inc. leads on return on assets at 6.9%, across 25 of 29 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Which Asset Management stock is the cheapest?
On price-to-book divided by return on equity — where a LOWER number is cheaper — Raymond James Financial, Inc. screens cheapest at 0.23×. Only 23 of 29 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Which Asset Management lender has the largest funding base?
Northern Trust Corporation has the largest reported deposit base at $145,580 million. For lenders, deposits and borrowings are operating inputs rather than leverage, so they are read against asset quality and returns instead of as debt.
Is the Asset Management sector beating the market?
Asset Management has underperformed S&P 500 by 6.7% over the last 52 weeks and 7.8% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 11 of 28 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
Which Asset Management stock has the strongest price momentum?
Victory Capital Holdings, Inc. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which Asset Management company scores highest for research priority?
Victory Capital Holdings, Inc. scores 66.2 out of 100 with 76% evidence confidence, from 24.7 points on growth and earnings, 16.5 on capital efficiency, 7.9 on valuation and 17.1 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many Asset Management companies does this comparison cover, and over what period?
It compares 29 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Asset Management sector?
The 29 Asset Management companies on this page carry $1,175,371 million of combined market value. BlackRock, Inc. is the largest at $183,924 million, about 16% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-04.
What is the Asset Management sector's P/B ratio?
The median price-to-book ratio across the 29 Asset Management companies on this page is 2.7×, measured on the 27 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-08-04.
How is the Asset Management sector performing?
11 of the 28 covered Asset Management companies are beating S&P 500 on Mansfield relative strength. The sector itself is 6.7% behind S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-04.
How many Asset Management stocks are listed in the US?
This comparison covers 29 listed Asset Management companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.