Header cover image

U.S. Asset Management Industry Analysis

UpdatedMar 18, 2024
DataAggregated Company Financials
Companies206
  • 7D-1.1%
  • 3M3.3%
  • 1Y36.9%
  • YTDn/a

Over the last 7 days, the Asset Management industry has dropped 1.1%, driven by BlackRock declining 2.7%. In the past year, the industry has gained 37%. Earnings are forecast to grow by 18% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Mar 2024US$715.6bUS$144.6bUS$27.0b18.3x26.5x4.9x
Wed, 14 Feb 2024US$694.6bUS$144.1bUS$26.7b18x26x4.8x
Fri, 12 Jan 2024US$742.8bUS$143.2bUS$30.7b28.2x24.2x5.2x
Sun, 10 Dec 2023US$604.9bUS$143.2bUS$30.7b28x19.7x4.2x
Tue, 07 Nov 2023US$635.3bUS$140.4bUS$29.5b28.2x21.5x4.5x
Thu, 05 Oct 2023US$640.4bUS$138.1bUS$28.1b28.7x22.8x4.6x
Sat, 02 Sep 2023US$710.3bUS$142.5bUS$32.2b28.7x22x5x
Mon, 31 Jul 2023US$681.9bUS$131.2bUS$25.0b33.3x27.3x5.2x
Wed, 28 Jun 2023US$634.4bUS$128.1bUS$23.5b33.6x27x5x
Fri, 26 May 2023US$604.5bUS$128.2bUS$23.7b34.1x25.5x4.7x
Sun, 23 Apr 2023US$651.5bUS$129.2bUS$24.9b28.6x26.2x5x
Tue, 21 Mar 2023US$636.2bUS$133.7bUS$26.2b29.5x24.3x4.8x
Thu, 16 Feb 2023US$726.6bUS$135.0bUS$26.8b29.4x27.1x5.4x
Sat, 14 Jan 2023US$707.9bUS$144.1bUS$34.7b28.8x20.4x4.9x
Mon, 12 Dec 2022US$664.2bUS$144.8bUS$35.3b28.8x18.8x4.6x
Wed, 09 Nov 2022US$673.2bUS$145.9bUS$35.9b26.1x18.7x4.6x
Fri, 07 Oct 2022US$641.8bUS$157.1bUS$41.1b26.4x15.6x4.1x
Sun, 04 Sep 2022US$677.1bUS$157.2bUS$41.1b26.5x16.5x4.3x
Tue, 02 Aug 2022US$719.8bUS$168.2bUS$45.7b33.2x15.8x4.3x
Thu, 30 Jun 2022US$674.3bUS$176.0bUS$49.5b32.7x13.6x3.8x
Sat, 28 May 2022US$768.5bUS$176.0bUS$49.3b32.6x15.6x4.4x
Mon, 25 Apr 2022US$765.9bUS$181.0bUS$52.5b43x14.6x4.2x
Wed, 23 Mar 2022US$889.0bUS$229.9bUS$46.8b24.6x19x3.9x
Fri, 18 Feb 2022US$916.9bUS$183.3bUS$45.9b13.7x20x5x
Sun, 16 Jan 2022US$954.4bUS$178.2bUS$44.1b14.7x21.7x5.4x
Tue, 14 Dec 2021US$984.7bUS$178.0bUS$42.3b13.9x23.3x5.5x
Thu, 11 Nov 2021US$1.0tUS$178.1bUS$40.1b14.7x26.2x5.9x
Sat, 09 Oct 2021US$911.4bUS$168.5bUS$36.3b14.3x25.1x5.4x
Mon, 06 Sep 2021US$801.9bUS$169.9bUS$36.6b11.5x21.9x4.7x
Wed, 04 Aug 2021US$768.4bUS$168.5bUS$35.9b12.3x21.4x4.6x
Sat, 08 May 2021US$711.2bUS$152.9bUS$27.6b14.4x25.8x4.7x
Price to Earnings Ratio

24.2x


Total Market Cap: US$635.0bTotal Earnings: US$26.2bTotal Revenue: US$152.9bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Asset Management Industry Price to Earnings3Y Average 22x202220232024
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 26.5x which is higher than its 3-year average PE of 22.0x.
  • 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 Market-0.10%
Financials0.15%
Capital Markets-0.49%
Asset Management-1.07%
Investment Banking and Brokerage0.54%
Financial Exchanges and Data-0.84%
Diversified Capital Markets-0.89%
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
IBIT Ishares Bitcoin TrustUS$39.39-0.4%
US$2.5b
n/an/a
AMP Ameriprise FinancialUS$419.491.9%
+US$740.4m
45.8%PE16.4x
BX BlackstoneUS$124.970.3%
+US$285.9m
51.4%PE64.2x
XPDB Power & Digital Infrastructure Acquisition IIUS$19.4088.3%
+US$161.9m
89.6%PE277.7x
LCAA L Catterton Asia AcquisitionUS$13.5147.5%
+US$125.9m
31.2%PE486.5x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

AMP

US$419.49

Ameriprise Financial

7D

1.9%

1Y

45.8%

XPDB

US$19.40

Power & Digital Infrastructure Acquisition II

7D

88.3%

1Y

89.6%

KKR

US$96.70

KKR

7D

-0.7%

1Y

99.0%

CNS

US$70.35

Cohen & Steers

7D

-6.1%

1Y

13.5%

BK

US$54.41

Bank of New York Mellon

7D

-2.2%

1Y

25.7%

BLK

US$802.52

BlackRock

7D

-2.7%

1Y

24.7%

TROW

US$114.86

T. Rowe Price Group

7D

-2.4%

1Y

6.8%

STT

US$72.50

State Street

7D

-1.3%

1Y

-1.3%

SZZL

US$22.50

Sizzle Acquisition

7D

89.4%

1Y

116.8%

HCMA

US$12.81

HCM Acquisition

7D

52.0%

1Y

22.8%

LCAA

US$13.51

L Catterton Asia Acquisition

7D

47.5%

1Y

31.2%

AMG

US$161.04

Affiliated Managers Group

7D

1.4%

1Y

19.9%