COMP <GO>

NAN vs AAMI // OPERATING MARGIN

Nuveen New York Quality Municipal Income Fund (NYSE) VS. Acadian Asset Management Inc. (NYSE) • 15-METRIC TALLY: NAN 1 — AAMI 1

■ METRIC PARITY

LAST: $10.04 (+0.30%) • MKT CAP: $3.03B

operating-margins

—

LAST: $87.52 (-1.57%) • MKT CAP: $3.16B

operating-margins

23.40%

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NAN VS. AAMI) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	NAN	AAMI	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC)	—	40.30%	—	TIE	/roic <GO>
EV/EBITDA & P/E Valuation	—	22.2x	—	TIE	/valuation <GO>
Free Cash Flow Yield	—	-0.86%	—	TIE	/fcf-yield <GO>
Operating Margin ACTIVE	—	23.40%	—	TIE	/operating-margins <GO>
Net Profit Margin	—	14.20%	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	—	11.50%	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	—	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	—	4/9	—	TIE	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	53.6	40.9	+12.70	NAN	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	1.08	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	37.7x	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$3.03B	$3.16B	-$129.6M	AAMI	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	NAN REV	AAMI REV	NAN GROSS %	AAMI GROSS %	NAN FCF	AAMI FCF
FY 2025	—	$563.7M	—	—	—	-$27.8M
FY 2024	—	$505.6M	—	—	—	$33.0M
FY 2023	—	$426.6M	—	—	—	$49.1M

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

NAN // BETA —

AAMI // BETA 1.08