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U.S. Asset Management Industry Analysis

UpdatedMay 09, 2024
DataAggregated Company Financials
Companies197
  • 7D2.9%
  • 3M1.2%
  • 1Y39.2%
  • YTDn/a

Over the last 7 days, the Asset Management industry has risen 3.3%, driven by gains in KKR and BlackRock of 4.8% and 3.6%, respectively. In the same time, Jaguar Global Growth Corporation I was down 80%. This means that the industry has gained 39% over the past year. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

Has the U.S. Asset Management Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 09 May 2024US$721.9bUS$156.2bUS$29.1b19.2x24.8x4.6x
Sat, 06 Apr 2024US$728.6bUS$144.6bUS$27.0b20.1x27x5x
Mon, 04 Mar 2024US$709.1bUS$145.0bUS$27.1b17.9x26.2x4.9x
Wed, 31 Jan 2024US$762.2bUS$143.2bUS$28.7b28.4x26.5x5.3x
Fri, 29 Dec 2023US$765.0bUS$143.2bUS$30.7b28.4x24.9x5.3x
Sun, 26 Nov 2023US$670.1bUS$143.2bUS$30.7b28.2x21.9x4.7x
Tue, 24 Oct 2023US$599.2bUS$139.7bUS$29.2b28.7x20.5x4.3x
Thu, 21 Sep 2023US$668.7bUS$138.7bUS$28.1b28.7x23.8x4.8x
Sat, 19 Aug 2023US$636.2bUS$138.1bUS$28.2b29.5x22.5x4.6x
Mon, 17 Jul 2023US$671.5bUS$128.2bUS$23.8b33.4x28.2x5.2x
Wed, 14 Jun 2023US$640.7bUS$128.1bUS$23.6b33.4x27.1x5x
Fri, 12 May 2023US$608.3bUS$129.7bUS$24.1b28.6x25.2x4.7x
Sun, 09 Apr 2023US$637.9bUS$133.3bUS$26.2b31.7x24.3x4.8x
Tue, 07 Mar 2023US$701.1bUS$133.6bUS$26.2b29.1x26.8x5.2x
Thu, 02 Feb 2023US$736.5bUS$139.1bUS$27.6b29.3x26.7x5.3x
Sat, 31 Dec 2022US$655.9bUS$144.9bUS$35.3b28.9x18.6x4.5x
Mon, 28 Nov 2022US$695.7bUS$144.8bUS$35.3b28.7x19.7x4.8x
Wed, 26 Oct 2022US$652.2bUS$151.2bUS$38.8b26.5x16.8x4.3x
Fri, 23 Sep 2022US$642.9bUS$157.1bUS$41.1b26.4x15.6x4.1x
Sun, 21 Aug 2022US$720.9bUS$157.2bUS$41.1b26.7x17.5x4.6x
Tue, 19 Jul 2022US$668.7bUS$175.7bUS$49.1b32.8x13.6x3.8x
Thu, 16 Jun 2022US$683.7bUS$176.0bUS$49.1b31.6x13.9x3.9x
Sat, 14 May 2022US$720.9bUS$176.0bUS$49.3b38.8x14.6x4.1x
Mon, 11 Apr 2022US$818.2bUS$180.9bUS$52.5b41.2x15.6x4.5x
Wed, 09 Mar 2022US$853.3bUS$191.2bUS$47.4b14.3x18x4.5x
Fri, 04 Feb 2022US$949.2bUS$181.4bUS$45.6b13.8x20.8x5.2x
Sun, 02 Jan 2022US$996.8bUS$178.1bUS$42.3b14.3x23.6x5.6x
Tue, 30 Nov 2021US$1.0tUS$178.0bUS$42.4b14.1x23.9x5.7x
Thu, 28 Oct 2021US$1.0tUS$172.9bUS$38.6b14.1x26.4x5.9x
Sat, 25 Sep 2021US$915.7bUS$168.5bUS$36.3b14x25.2x5.4x
Mon, 23 Aug 2021US$784.6bUS$168.5bUS$36.2b12.2x21.7x4.7x
Sat, 10 Jul 2021US$767.3bUS$168.1bUS$33.9b12.2x22.7x4.6x
Price to Earnings Ratio

27.1x


Total Market Cap: US$758.6bTotal Earnings: US$28.0bTotal Revenue: US$153.0bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Asset Management Industry Price to Earnings3Y Average 22.1x202220232024
Current Industry PE
  • Investors are optimistic on the American Asset Management and Custody Banks industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 24.8x which is higher than its 3-year average PE of 22.1x.
  • The industry is trading close to its 3-year average PS ratio of 4.8x.
Past Earnings Growth
  • Both revenue and earnings for companies in the Asset Management and Custody Banks industry have remained mostly flat over the last three years.
  • This means that sales and the cost of doing business have remained relatively consistent over this period and subsequently, so have profits.

Industry Comparison

How does U.S. Asset Management compare with similar industries?

US Market3.30%
Financials2.80%
Capital Markets3.28%
Asset Management2.91%
Investment Banking and Brokerage3.86%
Financial Exchanges and Data3.09%
Diversified Capital Markets-1.09%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
KKR KKRUS$99.674.8%
+US$4.0b		102.7%PE21.8x
BLK BlackRockUS$778.333.6%
+US$4.0b		23.7%PE19.6x
IBIT iShares Bitcoin TrustUS$35.389.2%
+US$1.4b		n/an/a
ARES Ares ManagementUS$138.675.3%
+US$1.4b		69.9%PE62.5x
AMP Ameriprise FinancialUS$425.943.0%
+US$883.5m		46.4%PE13.5x
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Latest News

BX

US$119.80

Blackstone

7D

2.0%

1Y

45.1%

KKR

US$99.67

KKR

7D

4.8%

1Y

102.7%

BLK

US$778.33

BlackRock

7D

3.6%

1Y

23.7%

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For BlackRock, Inc.'s (NYSE:BLK) CEO For Now

May 08
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For BlackRock, Inc.'s (NYSE:BLK) CEO For Now

OWL

US$18.41

Blue Owl Capital

7D

-1.3%

1Y

81.7%

Blue Owl Capital: A Leading Asset Manager, Still At A Good Price

May 08

PAX

US$12.80

Patria Investments

7D

-4.4%

1Y

-15.4%

ARES

US$138.67

Ares Management

7D

5.3%

1Y

69.9%

STT

US$75.32

State Street

7D

3.0%

1Y

10.0%

AMP

US$425.94

Ameriprise Financial

7D

3.0%

1Y

46.4%

Results: Ameriprise Financial, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

Apr 26
Results: Ameriprise Financial, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates

IBIT

US$35.38

iShares Bitcoin Trust

7D

9.2%

1Y

n/a

IBIT: Upcoming Halving Has Long-Term Gains For Bitcoin And This ETF

Apr 09

CNDB

US$6.58

Concord Acquisition Corp III

7D

-42.6%

1Y

-36.7%

GIA

US$3.53

GigCapital5

7D

-71.2%

1Y

-66.3%

JGGC

US$1.70

Jaguar Global Growth Corporation I

7D

-79.5%

1Y

-83.3%

ACAQ

US$2.55

Athena Consumer Acquisition

7D

-72.4%

1Y

-74.7%

WWAC

US$2.15

Worldwide Webb Acquisition

7D

-77.0%

1Y

-78.8%

FZT

US$7.76

FAST Acquisition II

7D

-41.0%

1Y

-21.1%

PV

US$7.63

Primavera Capital Acquisition

7D

-22.7%

1Y

-21.9%