Affiliated Managers Group (AMG) Financials

$177.06 +3.06 (+1.76%)

Closing price 03:59 PM Eastern

Extended Trading

$177.26 +0.20 (+0.11%)

As of 04:52 PM Eastern

Annual Income Statements for Affiliated Managers Group

This table shows Affiliated Managers Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	512	673	1,146	566	202	16	244	690	473	510
Consolidated Net Income / (Loss)	741	906	1,388	890	427	305	532	1,009	739	827
Net Income / (Loss) Continuing Operations	741	906	1,388	890	427	305	532	880	646	827
Total Pre-Tax Income	923	1,091	1,746	1,141	508	308	714	1,067	975	1,091
Total Revenue	2,354	2,471	3,310	2,544	2,018	1,825	2,298	2,607	2,432	2,773
Net Interest Income / (Expense)	0.00	0.00	0.00	-111	0.00	-76	-81	0.00	-92	0.00
Total Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Interest Expense	0.00	0.00	0.00	111	0.00	76	81	0.00	92	0.00
Total Non-Interest Income	2,354	2,471	3,310	2,655	2,018	1,902	2,378	2,607	2,523	2,773
Net Realized & Unrealized Capital Gains on Investments	313	413	980	243	2,018	-338	2,378	302	2,523	289
Other Non-Interest Income	2,041	2,058	2,330	2,412	-	2,240	-	2,305	-	-
Total Non-Interest Expense	1,508	1,497	1,674	1,520	1,510	1,543	1,611	1,605	1,504	1,650
Salaries and Employee Benefits	915	908	1,072	1,047	884	943	987	979	932	1,028
Other Operating Expenses	550	528	535	421	467	434	487	519	441	488
Depreciation Expense	13	13	16	17	19	21	22	-	20	19
Amortization Expense	29	48	52	36	141	145	115	86	110	115
Nonoperating Income / (Expense), net	77	117	110	118	-	25	27	65	46	-33
Income Tax Expense	183	185	358	251	81	2.90	181	58	236	263
Net Income / (Loss) Attributable to Noncontrolling Interest	229	233	242	324	225	289	289	319	266	318
Basic Earnings per Share	$16.45	$19.18	$29.77	$13.65	$4.34	$0.31	$4.55	$12.30	$8.73	$9.37
Weighted Average Basic Shares Outstanding	31.10M	35.10M	38.50M	41.50M	46.50M	50.50M	53.60M	56M	54.20M	54.30M
Diluted Earnings per Share	$15.13	$17.42	$25.35	$13.05	$4.33	$0.31	$4.52	$12.03	$8.57	$9.17
Weighted Average Diluted Shares Outstanding	36.10M	42.20M	49M	44.80M	46.70M	50.60M	53.80M	58.60M	57M	57.20M
Weighted Average Basic & Diluted Shares Outstanding	29.26M	32.79M	35.86M	39.78M	42.62M	47.87M	52.05M	56.10M	54.20M	53.70M
Cash Dividends to Common per Share	$0.04	$0.04	$0.04	$0.04	$0.35	$1.28	$1.20	$0.80	$0.00	$0.00

This table shows Affiliated Managers Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	72	162	124	76	150	196	217	125	135	778	113
Consolidated Net Income / (Loss)	99	221	186	135	199	244	286	187	189	831	164
Net Income / (Loss) Continuing Operations	99	221	186	135	199	244	286	187	189	831	164
Total Pre-Tax Income	127	274	217	178	254	274	364	220	234	1,059	201
Total Revenue	572	679	569	518	588	659	698	568	546	1,467	595
Net Interest Income / (Expense)	0.00	30	0.00	0.00	-30	31	0.00	0.00	-31	85	-28
Total Interest Income	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00
Total Interest Expense	0.00	-30	0.00	0.00	30	-31	0.00	0.00	31	-85	28
Total Non-Interest Income	572	649	569	518	617	629	698	568	576	1,382	623
Net Realized & Unrealized Capital Gains on Investments	75	-376	53	518	118	-387	173	568	59	-369	45
Other Non-Interest Income	497	-	516	-	500	-	525	-	517	-	579
Total Non-Interest Expense	457	422	375	359	351	415	357	375	350	537	397
Salaries and Employee Benefits	230	239	221	215	240	245	212	229	222	275	274
Other Operating Expenses	141	172	143	134	101	156	130	130	112	247	105
Depreciation Expense	2.80	4.00	3.30	3.10	3.00	3.00	3.00	3.30	3.70	3.90	3.80
Amortization Expense	83	7.10	7.30	7.30	7.30	11	13	13	13	12	14
Nonoperating Income / (Expense), net	12	17	23	19	18	30	23	27	38	-	3.10
Income Tax Expense	27	53	31	43	55	30	78	33	45	228	37
Net Income / (Loss) Attributable to Noncontrolling Interest	27	59	62	59	49	48	69	62	54	53	52
Basic Earnings per Share	$2.48	$5.36	$4.11	$2.42	$4.56	$5.73	$6.22	$3.49	$3.74	$20.31	$2.95
Weighted Average Basic Shares Outstanding	29.20M	31.10M	30.10M	31.50M	32.80M	35.10M	34.90M	35.90M	35.90M	38.50M	38.20M
Diluted Earnings per Share	$2.20	$4.95	$3.78	$2.26	$4.14	$5.22	$5.48	$3.25	$3.47	$16.43	$2.80
Weighted Average Diluted Shares Outstanding	32.60M	36.10M	35M	35.30M	40.10M	42.20M	43.40M	42.10M	39.90M	49M	43.50M
Weighted Average Basic & Diluted Shares Outstanding	28.43M	29.26M	30.23M	29.81M	31.86M	32.79M	33.81M	35.05M	36.10M	35.86M	37.67M
Cash Dividends to Common per Share	$0.01	-	$0.01	$0.01	$0.01	-	$0.01	$0.01	$0.01	-	$0.01

This table details how cash moves in and out of Affiliated Managers Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	131	387	-481	-124	502	-21	129	8.70	-131	13
Net Cash From Operating Activities	932	874	1,055	1,259	1,009	929	1,141	1,170	1,050	1,213
Net Cash From Continuing Operating Activities	932	874	1,055	1,259	1,009	929	1,141	1,170	1,050	1,213
Net Income / (Loss) Continuing Operations	741	906	1,388	890	427	305	532	1,009	739	827
Consolidated Net Income / (Loss)	741	906	1,388	890	427	305	532	1,009	739	827
Depreciation Expense	13	13	16	17	19	21	22	20	20	19
Amortization Expense	29	48	52	36	141	145	115	86	110	115
Non-Cash Adjustments to Reconcile Net Income	206	136	-539	197	413	582	424	64	138	223
Changes in Operating Assets and Liabilities, net	-57	-229	139	120	10	-123	48	-8.90	44	29
Net Cash From Investing Activities	379	265	-110	-584	-54	-24	-18	14	-1,332	-325
Net Cash From Continuing Investing Activities	379	265	-110	-584	-54	-24	-18	14	-1,332	-325
Purchase of Property, Leasehold Improvements and Equipment	-3.40	-12	-11	-8.40	-8.50	-9.60	-19	-19	-20	-38
Purchase of Investment Securities	-516	-1,026	-603	-636	-92	-205	-48	-68	-1,377	-311
Divestitures	0.00	294	224	0.00	-	-	0.00	0.00	-	-
Sale and/or Maturity of Investments	898	1,009	280	56	47	73	49	100	65	25
Other Investing Activities, net	0.70	0.20	0.80	4.40	0.00	118	-	-	-	-
Net Cash From Financing Activities	-1,176	-758	-1,403	-798	-455	-935	-983	-1,190	201	-858
Net Cash From Continuing Financing Activities	-1,176	-758	-1,403	-798	-455	-935	-983	-1,190	201	-858
Issuance of Debt	848	25	0.00	200	875	471	1,150	545	1,350	1,253
Issuance of Common Equity	-107	-67	-62	-151	-	-	-	-	466	58
Repayment of Debt	-750	-25	-61	-33	-350	-510	-1,181	-805	-1,125	-1,256
Repurchase of Common Equity	-710	-342	-714	-595	-335	-356	-496	-351	-33	-414
Payment of Dividends	-259	-273	-344	-336	-323	-413	-435	-397	-354	-431
Other Financing Activities, Net	-198	-76	-223	117	-322	-126	-22	-181	-102	-68
Effect of Exchange Rate Changes	-4.20	6.90	-23	-0.80	2.10	8.70	-10	14	-50	-18
Cash Interest Paid	138	110	109	103	88	84	77	82	85	76
Cash Income Taxes Paid	143	315	120	87	-12	103	160	165	152	90

This table details how cash moves in and out of Affiliated Managers Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-140	-61	140	72	-20	-186	216	-51	409	-195	16
Net Cash From Operating Activities	209	213	265	245	209	255	294	91	235	257	291
Net Cash From Continuing Operating Activities	209	213	265	245	209	255	294	91	235	257	291
Net Income / (Loss) Continuing Operations	99	221	186	135	199	244	286	187	189	831	164
Consolidated Net Income / (Loss)	99	221	186	135	199	244	286	187	189	831	164
Depreciation Expense	2.80	4.00	3.30	3.10	3.00	3.00	3.00	3.30	3.70	3.90	3.80
Amortization Expense	83	7.20	7.30	7.20	7.30	11	13	13	13	12	14
Non-Cash Adjustments to Reconcile Net Income	155	-63	43	73	153	-29	-108	12	261	-876	59
Changes in Operating Assets and Liabilities, net	-131	43	26	27	-153	26	101	-124	-231	286	50
Net Cash From Investing Activities	-36	8.50	56	240	75	-213	187	3.10	288	157	-95
Net Cash From Continuing Investing Activities	-36	8.50	56	240	75	-213	187	3.10	288	157	-95
Purchase of Property, Leasehold Improvements and Equipment	-1.60	-1.10	-0.70	-0.60	-1.00	-5.80	-2.60	-2.10	-1.90	-2.30	-3.00
Purchase of Investment Securities	-58	-14	-64	-79	-359	-454	-356	-105	-110	-308	-112
Sale and/or Maturity of Investments	24	23	121	320	435	247	252	110	400	244	20
Net Cash From Financing Activities	-317	-272	-188	-414	-302	-234	-259	-148	-117	-624	-163
Net Cash From Continuing Financing Activities	-317	-272	-188	-414	-302	-234	-259	-148	-117	-624	-163
Issuance of Debt	0.00	-	398	-	450	-	-	-	25	-	-
Issuance of Common Equity	-28	-52	-5.00	-	-	-39	-20	-	-	-40	-2.70
Repayment of Debt	0.00	-	-300	8.60	-459	-	-	-	-25	-	-2.80
Repurchase of Common Equity	-176	-120	-105	-332	-153	-128	-169	-44	0.00	-361	-73
Payment of Dividends	-87	-52	-59	-66	-82	-55	-60	-77	-80	-64	-67
Other Financing Activities, Net	-25	-47	-117	25	-59	-12	-9.20	-18	-37	-159	-18
Effect of Exchange Rate Changes	4.10	-9.90	7.20	0.10	-1.60	7.10	-6.30	3.50	2.60	15	-17

This table presents Affiliated Managers Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	8,831	9,060	8,881	8,876	7,889	7,654	8,219	8,702	8,749	7,769
Cash and Due from Banks	950	814	429	909	1,040	540	566	440	431	564
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Premises and Equipment, Net	58	67	69	74	80	92	104	111	110	114
Goodwill	2,505	2,524	2,649	2,689	2,661	2,652	2,633	2,663	2,628	2,668
Intangible Assets	1,778	1,812	1,876	1,966	1,049	1,182	1,310	1,450	1,497	1,686
Other Assets	3,541	3,843	3,142	3,160	2,985	3,129	3,487	3,962	3,960	2,537
Total Liabilities & Shareholders' Equity	8,831	9,060	8,881	8,876	7,889	7,654	8,219	8,702	8,749	7,769
Total Liabilities	4,182	4,096	4,240	4,492	3,900	3,238	3,251	3,312	3,649	3,388
Long-Term Debt	2,620	2,538	2,535	2,490	2,312	1,794	1,830	1,855	2,110	1,879
Other Long-Term Liabilities	1,562	1,559	926	1,212	1,588	809	674	650	810	779
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	351	393	465	674	672	917	834	812	674	613
Total Equity & Noncontrolling Interests	4,298	4,570	4,176	3,711	3,317	3,499	4,135	4,579	4,427	3,769
Total Preferred & Common Equity	3,345	3,588	3,230	2,786	2,780	2,938	3,457	3,822	3,620	2,837
Total Common Equity	3,345	3,588	3,230	2,786	2,780	2,938	3,457	3,822	3,620	2,837
Common Stock	734	742	696	652	730	708	836	809	1,074	696
Retained Earnings	6,900	6,390	5,718	4,570	4,006	3,820	3,877	3,699	3,054	2,582
Treasury Stock	-4,125	-3,376	-2,981	-2,347	-1,857	-1,481	-1,147	-664	-386	-422
Accumulated Other Comprehensive Income / (Loss)	-164	-168	-203	-88	-98	-109	-109	-22	-123	-18
Noncontrolling Interest	953	982	945	924	538	562	678	756	807	932

This table presents Affiliated Managers Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	8,714	8,903	8,845	9,025	9,004	8,966	8,896	8,430
Cash and Due from Banks	817	1,011	866	793	999	786	833	623
Loans and Leases, Net of Allowance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Premises and Equipment, Net	57	61	63	66	64	66	67	70
Goodwill	2,513	2,532	2,516	2,518	2,509	2,660	2,649	2,628
Intangible Assets	1,704	1,807	1,796	1,802	1,810	1,863	1,866	1,864
Other Assets	3,624	3,426	3,438	3,497	3,160	3,147	3,023	3,062
Total Liabilities & Shareholders' Equity	8,714	8,903	8,845	9,025	9,004	8,966	8,896	8,430
Total Liabilities	4,249	4,232	4,191	4,111	4,107	4,097	4,143	4,288
Other Short-Term Payables	666	626	637	634	636	603	645	569
Long-Term Debt	2,621	2,620	2,525	2,525	2,537	2,536	2,536	2,535
Other Long-Term Liabilities	963	987	1,029	952	934	958	962	1,184
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	366	397	391	393	432	501	533	487
Total Equity & Noncontrolling Interests	4,099	4,274	4,263	4,521	4,464	4,368	4,219	3,655
Total Preferred & Common Equity	3,188	3,316	3,331	3,590	3,495	3,398	3,272	2,766
Total Common Equity	3,188	3,316	3,331	3,590	3,495	3,398	3,272	2,766
Common Stock	668	712	713	713	723	653	565	710
Retained Earnings	6,972	6,738	6,615	6,539	6,194	5,977	5,852	4,941
Treasury Stock	-4,276	-3,995	-3,834	-3,504	-3,242	-3,071	-2,967	-2,671
Accumulated Other Comprehensive Income / (Loss)	-176	-139	-164	-158	-180	-161	-178	-214
Noncontrolling Interest	911	958	932	930	969	970	948	889

This table displays calculated financial ratios and metrics derived from Affiliated Managers Group's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-4.75%	-25.34%	30.12%	26.03%	10.56%	-20.55%	-11.87%	7.22%	-12.32%	-0.69%
EBITDA Growth	-14.23%	-39.21%	58.35%	61.05%	48.91%	-45.49%	-25.81%	4.86%	-15.91%	1.17%
EBIT Growth	-13.19%	-40.45%	59.85%	101.32%	79.77%	-58.79%	-31.56%	8.02%	-17.41%	2.46%
NOPAT Growth	-16.12%	-37.80%	62.89%	86.97%	52.43%	-45.27%	-45.99%	34.66%	-17.44%	2.64%
Net Income Growth	-18.27%	-34.72%	55.95%	108.45%	39.95%	-42.68%	-47.23%	36.50%	-10.66%	7.79%
EPS Growth	-13.15%	-31.28%	94.25%	201.39%	1,296.77%	-93.14%	-62.43%	40.37%	-6.54%	19.09%
Operating Cash Flow Growth	6.61%	-17.10%	-16.24%	24.76%	8.63%	-18.54%	-2.55%	11.43%	-13.43%	-15.57%
Free Cash Flow Firm Growth	88.07%	-51.53%	345.26%	-33.16%	-61.36%	-9.39%	5.10%	472.67%	-131.58%	523.87%
Invested Capital Growth	-3.09%	4.52%	4.38%	9.11%	1.47%	-8.66%	-6.17%	0.49%	15.15%	1.25%
Revenue Q/Q Growth	6.49%	-21.91%	26.16%	7.93%	2.38%	11.72%	-14.43%	6.35%	-4.73%	-2.32%
EBITDA Q/Q Growth	1.07%	-39.90%	52.97%	9.98%	17.07%	61.83%	-25.62%	4.54%	-9.70%	-2.86%
EBIT Q/Q Growth	1.44%	-41.29%	56.15%	10.18%	47.19%	95.44%	-30.46%	5.29%	-11.03%	-1.75%
NOPAT Q/Q Growth	-1.60%	-45.82%	54.74%	-0.50%	30.54%	153.52%	-47.31%	31.58%	-12.69%	-1.36%
Net Income Q/Q Growth	-3.02%	-39.31%	65.17%	10.93%	30.54%	176.11%	-48.07%	22.89%	-2.58%	-1.72%
EPS Q/Q Growth	-1.75%	-39.15%	94.85%	14.07%	95.93%	111.07%	-64.49%	30.19%	0.59%	-1.19%
Operating Cash Flow Q/Q Growth	-4.35%	-0.27%	-9.02%	-1.61%	7.45%	5.46%	-8.47%	0.35%	0.84%	-3.92%
Free Cash Flow Firm Q/Q Growth	9.43%	-34.25%	65.46%	-65.66%	8.71%	-10.36%	-0.38%	75.64%	-1,523.10%	186.30%
Invested Capital Q/Q Growth	-0.30%	0.91%	7.48%	6.75%	0.15%	-1.01%	-4.67%	1.72%	4.16%	2.63%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	37.74%	41.91%	51.47%	42.30%	33.10%	24.58%	35.82%	42.55%	43.50%	45.36%
EBIT Margin	35.94%	39.43%	49.44%	40.24%	25.19%	15.49%	29.87%	38.46%	38.17%	40.52%
Profit (Net Income) Margin	31.47%	36.67%	41.94%	35.00%	21.16%	16.71%	23.17%	38.69%	30.39%	29.83%
Tax Burden Percent	80.22%	83.02%	79.48%	78.00%	83.99%	99.06%	74.59%	94.53%	75.83%	75.85%
Interest Burden Percent	109.15%	112.02%	106.74%	111.49%	100.00%	108.91%	103.99%	106.43%	105.00%	97.04%
Effective Tax Rate	19.78%	16.98%	20.52%	22.00%	16.01%	0.94%	25.41%	5.47%	24.17%	24.15%
Return on Invested Capital (ROIC)	9.19%	11.02%	18.51%	12.12%	6.83%	4.31%	7.29%	13.11%	10.45%	13.70%
ROIC Less NNEP Spread (ROIC-NNEP)	11.60%	14.86%	22.00%	15.94%	6.83%	5.69%	8.40%	16.19%	12.21%	12.36%
Return on Net Nonoperating Assets (RNNOA)	6.22%	7.85%	12.25%	9.14%	3.33%	2.20%	2.99%	6.12%	5.14%	5.38%
Return on Equity (ROE)	15.41%	18.87%	30.76%	21.26%	10.16%	6.50%	10.28%	19.23%	15.59%	19.08%
Cash Return on Invested Capital (CROIC)	12.33%	6.60%	14.22%	3.41%	5.37%	13.36%	13.65%	12.62%	-3.63%	12.46%
Operating Return on Assets (OROA)	9.46%	10.86%	18.43%	12.21%	6.54%	3.56%	8.11%	11.49%	11.24%	14.53%
Return on Assets (ROA)	8.28%	10.10%	15.63%	10.62%	5.49%	3.84%	6.29%	11.56%	8.95%	10.70%
Return on Common Equity (ROCE)	11.11%	13.39%	20.51%	14.13%	6.91%	4.43%	7.22%	13.64%	10.62%	12.03%
Return on Equity Simple (ROE_SIMPLE)	22.14%	25.25%	42.97%	31.94%	15.36%	10.39%	15.40%	26.39%	20.42%	29.16%
Net Operating Profit after Tax (NOPAT)	679	809	1,300	798	427	280	512	948	704	852
NOPAT Margin	28.83%	32.74%	39.29%	31.39%	21.16%	15.35%	22.28%	36.35%	28.94%	30.74%
Net Nonoperating Expense Percent (NNEP)	-2.41%	-3.83%	-3.49%	-3.82%	0.00%	-1.38%	-1.11%	-3.08%	-1.76%	1.34%
SG&A Expenses to Revenue	38.89%	36.73%	32.38%	41.17%	43.79%	51.66%	42.97%	37.55%	38.34%	37.06%
Operating Expenses to Revenue	64.06%	60.57%	50.57%	59.76%	74.81%	84.51%	70.13%	61.55%	61.83%	59.48%
Earnings before Interest and Taxes (EBIT)	846	974	1,636	1,024	508	283	686	1,003	928	1,124
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	888	1,036	1,704	1,076	668	449	823	1,109	1,058	1,258
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.67	1.43	1.85	2.40	1.66	1.41	1.46	2.90	2.13	2.95
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	2.37	2.07	1.80	2.63	2.28	2.28	2.19	4.26	3.17	3.01
Price to Earnings (P/E)	10.93	7.61	5.21	11.81	22.79	264.54	20.66	16.10	16.31	16.41
Dividend Yield	0.02%	0.03%	0.03%	0.02%	0.34%	1.52%	1.26%	0.40%	0.00%	0.00%
Earnings Yield	9.15%	13.15%	19.21%	8.47%	4.39%	0.38%	4.84%	6.21%	6.13%	6.09%
Enterprise Value to Invested Capital (EV/IC)	1.18	1.10	1.32	1.43	1.13	1.11	1.15	1.94	1.51	1.79
Enterprise Value to Revenue (EV/Rev)	3.64	3.33	2.86	3.88	3.51	3.77	3.40	5.40	4.47	4.05
Enterprise Value to EBITDA (EV/EBITDA)	9.64	7.94	5.57	9.17	10.61	15.35	9.49	12.70	10.28	8.92
Enterprise Value to EBIT (EV/EBIT)	10.12	8.43	5.80	9.64	13.95	24.35	11.38	14.05	11.71	9.98
Enterprise Value to NOPAT (EV/NOPAT)	12.62	10.16	7.29	12.35	16.60	24.58	15.26	14.86	15.45	13.16
Enterprise Value to Operating Cash Flow (EV/OCF)	9.19	9.40	8.99	7.83	7.02	7.41	6.85	12.03	10.35	9.25
Enterprise Value to Free Cash Flow (EV/FCFF)	9.40	16.97	9.49	43.96	21.12	7.93	8.14	15.44	0.00	14.48
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.56	0.51	0.55	0.57	0.58	0.41	0.37	0.34	0.41	0.43
Long-Term Debt to Equity	0.56	0.51	0.55	0.57	0.58	0.41	0.37	0.34	0.41	0.43
Financial Leverage	0.54	0.53	0.56	0.57	0.49	0.39	0.36	0.38	0.42	0.44
Leverage Ratio	1.86	1.87	1.97	2.00	1.85	1.69	1.63	1.66	1.74	1.78
Compound Leverage Factor	2.03	2.09	2.10	2.23	1.85	1.84	1.70	1.77	1.83	1.73
Debt to Total Capital	36.05%	33.83%	35.33%	36.22%	36.69%	28.89%	26.91%	25.60%	29.26%	30.02%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	36.05%	33.83%	35.33%	36.22%	36.69%	28.89%	26.91%	25.60%	29.26%	30.02%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	17.93%	18.34%	19.66%	23.25%	19.19%	23.81%	22.23%	21.65%	20.53%	24.67%
Common Equity to Total Capital	46.02%	47.83%	45.01%	40.53%	44.12%	47.31%	50.86%	52.76%	50.21%	45.31%
Debt to EBITDA	2.95	2.45	1.49	2.31	3.46	4.00	2.22	1.67	1.99	1.49
Net Debt to EBITDA	1.88	1.66	1.24	1.47	1.90	2.80	1.54	1.28	1.59	1.05
Long-Term Debt to EBITDA	2.95	2.45	1.49	2.31	3.46	4.00	2.22	1.67	1.99	1.49
Debt to NOPAT	3.86	3.14	1.95	3.12	5.41	6.40	3.57	1.96	3.00	2.20
Net Debt to NOPAT	2.46	2.13	1.62	1.98	2.98	4.48	2.47	1.49	2.39	1.54
Long-Term Debt to NOPAT	3.86	3.14	1.95	3.12	5.41	6.40	3.57	1.96	3.00	2.20
Noncontrolling Interest Sharing Ratio	27.87%	29.01%	33.34%	33.53%	31.98%	31.86%	29.73%	29.06%	31.90%	36.98%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	911	484	999	224	336	869	959	912	-245	775
Operating Cash Flow to CapEx	27,414.71%	7,050.81%	9,251.75%	14,990.48%	11,874.12%	9,678.13%	6,099.47%	6,326.49%	5,199.51%	3,175.92%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	2.01	0.00	11.40	11.90	0.00	-2.67	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	11.30	0.00	12.19	14.15	0.00	11.45	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	11.23	0.00	12.07	13.92	0.00	11.23	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.26	0.28	0.37	0.30	0.26	0.23	0.27	0.30	0.29	0.36
Fixed Asset Turnover	37.69	36.39	46.48	33.14	23.48	18.57	21.34	23.58	21.69	26.48
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	7,269	7,501	7,176	6,875	6,301	6,210	6,798	7,245	7,210	6,261
Invested Capital Turnover	0.32	0.34	0.47	0.39	0.32	0.28	0.33	0.36	0.36	0.45
Increase / (Decrease) in Invested Capital	-232	325	301	574	91	-589	-447	36	949	77
Enterprise Value (EV)	8,563	8,218	9,482	9,862	7,090	6,886	7,809	14,083	10,872	11,220
Market Capitalization	5,589	5,118	5,965	6,682	4,609	4,153	5,034	11,100	7,713	8,360
Book Value per Share	$110.68	$106.12	$85.76	$68.54	$61.28	$59.62	$65.64	$68.77	$66.03	$52.50
Tangible Book Value per Share	($31.01)	($22.13)	($34.36)	($45.98)	($20.51)	($18.19)	($9.22)	($5.22)	($9.23)	($28.09)
Total Capital	7,269	7,501	7,176	6,875	6,301	6,210	6,798	7,245	7,210	6,261
Total Debt	2,620	2,538	2,535	2,490	2,312	1,794	1,830	1,855	2,110	1,879
Total Long-Term Debt	2,620	2,538	2,535	2,490	2,312	1,794	1,830	1,855	2,110	1,879
Net Debt	1,670	1,724	2,106	1,582	1,272	1,254	1,264	1,415	1,679	1,316
Capital Expenditures (CapEx)	3.40	12	11	8.40	8.50	9.60	19	19	20	38
Net Nonoperating Expense (NNE)	-62	-97	-88	-92	0.00	-25	-20	-61	-35	25
Net Nonoperating Obligations (NNO)	2,620	2,538	2,535	2,490	2,312	1,794	1,830	1,855	2,110	1,879
Total Depreciation and Amortization (D&A)	42	61	67	52	160	166	137	107	130	134
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$16.45	$19.18	$29.77	$13.65	$4.34	$0.31	$4.55	$12.30	$8.73	$9.49
Adjusted Weighted Average Basic Shares Outstanding	31.10M	35.10M	38.50M	41.50M	46.50M	50.50M	53.60M	56M	54.20M	54.30M
Adjusted Diluted Earnings per Share	$15.13	$17.42	$25.35	$13.05	$4.33	$0.31	$4.52	$12.03	$8.57	$9.28
Adjusted Weighted Average Diluted Shares Outstanding	36.10M	42.20M	49M	44.80M	46.70M	50.60M	53.80M	58.60M	57M	57.20M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.31	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	29.26M	32.79M	35.86M	39.78M	42.62M	47.87M	52.05M	54.50M	56.70M	53.99M
Normalized Net Operating Profit after Tax (NOPAT)	679	809	1,300	798	427	280	512	967	704	852
Normalized NOPAT Margin	28.83%	32.74%	39.29%	31.39%	21.16%	15.35%	22.28%	37.09%	28.94%	30.74%
Pre Tax Income Margin	39.23%	44.17%	52.77%	44.86%	25.19%	16.87%	31.06%	40.93%	40.08%	39.32%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	9.19	0.00	3.71	8.51	0.00	10.12	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	7.17	0.00	3.68	6.35	0.00	7.68	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	9.11	0.00	3.59	8.28	0.00	9.90	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	7.09	0.00	3.55	6.12	0.00	7.45	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	35.03%	30.11%	24.75%	37.75%	75.67%	135.43%	81.70%	39.37%	47.92%	52.15%
Augmented Payout Ratio	130.87%	67.84%	76.17%	104.63%	154.15%	252.15%	174.90%	74.19%	52.44%	102.16%

This table displays calculated financial ratios and metrics derived from Affiliated Managers Group's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-7.37%	2.99%	-18.49%	-8.78%	7.70%	-55.07%	17.31%	-6.42%	-14.82%	87.93%	2.15%
EBITDA Growth	-18.38%	3.64%	-42.48%	-19.19%	16.39%	-72.70%	64.75%	-16.57%	-27.10%	165.75%	-5.51%
EBIT Growth	-51.29%	4.91%	-42.97%	-17.91%	20.77%	-73.71%	72.07%	-17.22%	-28.75%	172.32%	-8.25%
NOPAT Growth	-51.19%	-4.91%	-37.93%	-26.97%	16.98%	-73.79%	65.62%	-14.17%	-27.84%	216.20%	-8.89%
Net Income Growth	-50.08%	-9.46%	-35.04%	-27.96%	5.41%	-70.62%	74.07%	7.70%	-13.81%	193.26%	-21.16%
EPS Growth	-46.86%	-5.17%	-31.02%	-30.46%	19.31%	-68.23%	95.71%	21.27%	0.87%	301.71%	-6.67%
Operating Cash Flow Growth	-0.14%	-16.63%	-9.77%	170.34%	-10.90%	-0.93%	1.03%	-74.91%	61.93%	-28.90%	-16.02%
Free Cash Flow Firm Growth	1,174.93%	510.95%	163.21%	167.42%	110.83%	-120.18%	-553.04%	-60.45%	13.35%	270.24%	-362.14%
Invested Capital Growth	-4.74%	-3.09%	-1.92%	-3.06%	2.06%	4.52%	11.33%	10.11%	7.03%	4.38%	3.67%
Revenue Q/Q Growth	-15.74%	19.28%	9.76%	-11.76%	3.74%	-5.60%	22.84%	4.18%	-59.66%	146.48%	-2.01%
EBITDA Q/Q Growth	-24.85%	30.60%	21.03%	-31.29%	-4.57%	-27.51%	70.02%	-1.04%	-77.62%	337.47%	-13.90%
EBIT Q/Q Growth	-55.15%	31.96%	22.20%	-32.66%	-3.40%	-28.27%	75.89%	-0.92%	-78.97%	369.55%	-15.38%
NOPAT Q/Q Growth	-56.49%	24.56%	38.13%	-34.79%	-15.24%	-18.70%	62.52%	4.45%	-81.01%	413.76%	-15.77%
Net Income Q/Q Growth	-55.13%	19.00%	37.63%	-32.06%	-18.63%	-14.62%	52.61%	-0.58%	-77.32%	405.84%	-5.57%
EPS Q/Q Growth	-55.56%	30.95%	67.26%	-45.41%	-20.69%	-4.74%	68.62%	-6.34%	-78.88%	486.79%	4.48%
Operating Cash Flow Q/Q Growth	-1.69%	-19.87%	8.16%	17.21%	-17.93%	-13.27%	224.04%	-61.37%	-8.74%	-11.55%	-19.53%
Free Cash Flow Firm Q/Q Growth	0.79%	42.20%	-11.03%	899.83%	132.49%	78.13%	5.10%	-60.53%	-160.56%	807.85%	76.68%
Invested Capital Q/Q Growth	-2.52%	-0.30%	1.56%	-3.49%	-0.83%	0.91%	0.37%	1.61%	1.56%	7.48%	-0.73%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	35.16%	39.43%	36.01%	32.66%	41.94%	39.18%	51.02%	36.86%	38.81%	64.48%	36.33%
EBIT Margin	20.11%	37.78%	34.15%	30.67%	40.19%	37.09%	48.80%	34.08%	35.84%	63.38%	33.27%
Profit (Net Income) Margin	17.35%	32.58%	32.65%	26.04%	33.82%	37.06%	40.97%	32.98%	34.56%	56.66%	27.61%
Tax Burden Percent	78.36%	80.78%	85.58%	75.72%	78.20%	89.12%	78.64%	85.10%	80.73%	78.49%	81.70%
Interest Burden Percent	110.09%	106.75%	111.73%	112.14%	107.62%	112.11%	106.75%	113.68%	119.44%	113.90%	101.57%
Effective Tax Rate	21.64%	19.22%	14.42%	24.28%	21.80%	10.88%	21.36%	14.90%	19.27%	21.51%	18.30%
Return on Invested Capital (ROIC)	5.01%	9.73%	8.77%	7.45%	10.20%	11.13%	17.21%	12.57%	12.72%	26.69%	10.87%
ROIC Less NNEP Spread (ROIC-NNEP)	5.36%	10.27%	9.53%	8.03%	10.75%	12.17%	17.93%	13.46%	13.92%	26.69%	10.97%
Return on Net Nonoperating Assets (RNNOA)	2.94%	5.51%	5.14%	4.27%	5.63%	6.43%	10.06%	7.53%	7.93%	14.86%	6.82%
Return on Equity (ROE)	7.95%	15.24%	13.91%	11.72%	15.83%	17.56%	27.27%	20.10%	20.65%	41.55%	17.69%
Cash Return on Invested Capital (CROIC)	12.90%	12.33%	11.30%	13.96%	9.32%	6.60%	10.44%	9.79%	12.47%	14.22%	9.21%
Operating Return on Assets (OROA)	5.23%	9.94%	8.43%	8.06%	10.72%	10.22%	17.72%	11.97%	12.72%	23.63%	10.56%
Return on Assets (ROA)	4.51%	8.57%	8.06%	6.84%	9.02%	10.21%	14.87%	11.58%	12.27%	21.12%	8.76%
Return on Common Equity (ROCE)	5.75%	10.99%	9.90%	8.28%	11.23%	12.46%	18.89%	13.62%	13.65%	27.70%	11.81%
Return on Equity Simple (ROE_SIMPLE)	20.11%	0.00%	23.03%	25.94%	25.52%	0.00%	42.72%	40.36%	41.50%	0.00%	30.38%
Net Operating Profit after Tax (NOPAT)	90	207	166	120	185	218	268	165	158	831	162
NOPAT Margin	15.76%	30.52%	29.22%	23.22%	31.43%	33.05%	38.38%	29.01%	28.93%	56.66%	27.18%
Net Nonoperating Expense Percent (NNEP)	-0.35%	-0.54%	-0.76%	-0.58%	-0.56%	-1.04%	-0.71%	-0.89%	-1.20%	0.00%	-0.10%
SG&A Expenses to Revenue	40.27%	35.18%	38.80%	41.53%	40.92%	37.10%	30.34%	40.28%	40.75%	18.71%	46.01%
Operating Expenses to Revenue	79.89%	62.22%	65.85%	69.33%	59.81%	62.91%	51.20%	65.92%	64.16%	36.62%	66.73%
Earnings before Interest and Taxes (EBIT)	115	256	194	159	236	244	341	194	196	930	198
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	201	268	205	169	246	258	356	210	212	946	216
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.54	1.67	1.60	1.49	1.58	1.43	1.31	1.59	1.56	1.85	1.54
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	2.13	2.37	2.40	2.13	2.37	2.07	1.44	1.77	1.65	1.80	1.63
Price to Earnings (P/E)	11.32	10.93	9.72	7.79	8.23	7.61	3.64	4.70	4.50	5.21	7.82
Dividend Yield	0.02%	0.02%	0.02%	0.03%	0.02%	0.03%	0.03%	0.03%	0.03%	0.03%	0.04%
Earnings Yield	8.83%	9.15%	10.29%	12.83%	12.16%	13.15%	27.47%	21.26%	22.22%	19.21%	12.79%
Enterprise Value to Invested Capital (EV/IC)	1.13	1.18	1.13	1.11	1.17	1.10	1.01	1.17	1.14	1.32	1.13
Enterprise Value to Revenue (EV/Rev)	3.46	3.64	3.74	3.40	3.65	3.33	2.37	2.82	2.67	2.86	2.88
Enterprise Value to EBITDA (EV/EBITDA)	9.49	9.64	9.40	7.73	8.14	7.94	4.36	5.45	5.10	5.57	6.79
Enterprise Value to EBIT (EV/EBIT)	11.04	10.12	9.91	8.12	8.59	8.43	4.52	5.69	5.32	5.80	7.22
Enterprise Value to NOPAT (EV/NOPAT)	13.70	12.62	11.99	10.06	10.42	10.16	5.03	6.29	6.10	7.29	9.00
Enterprise Value to Operating Cash Flow (EV/OCF)	8.58	9.19	8.48	7.94	10.27	9.40	8.56	9.88	7.24	8.99	6.52
Enterprise Value to Free Cash Flow (EV/FCFF)	8.54	9.40	9.93	7.82	12.70	16.97	10.19	12.48	9.43	9.49	12.52
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.59	0.56	0.56	0.54	0.51	0.51	0.52	0.52	0.53	0.55	0.61
Long-Term Debt to Equity	0.59	0.56	0.56	0.54	0.51	0.51	0.52	0.52	0.53	0.55	0.61
Financial Leverage	0.55	0.54	0.54	0.53	0.52	0.53	0.56	0.56	0.57	0.56	0.62
Leverage Ratio	1.89	1.86	1.87	1.87	1.85	1.87	1.93	1.92	1.94	1.97	2.04
Compound Leverage Factor	2.08	1.99	2.09	2.10	2.00	2.09	2.06	2.19	2.32	2.24	2.08
Debt to Total Capital	36.99%	36.05%	35.93%	35.18%	33.94%	33.83%	34.13%	34.25%	34.79%	35.33%	37.96%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	36.99%	36.05%	35.93%	35.18%	33.94%	33.83%	34.13%	34.25%	34.79%	35.33%	37.96%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	18.02%	17.93%	18.58%	18.43%	17.79%	18.34%	18.85%	19.87%	20.32%	19.66%	20.61%
Common Equity to Total Capital	44.99%	46.02%	45.49%	46.40%	48.27%	47.83%	47.02%	45.88%	44.89%	45.01%	41.43%
Debt to EBITDA	3.11	2.95	2.98	2.45	2.36	2.45	1.47	1.60	1.56	1.49	2.28
Net Debt to EBITDA	2.14	1.88	1.83	1.61	1.62	1.66	0.89	1.11	1.05	1.24	1.72
Long-Term Debt to EBITDA	3.11	2.95	2.98	2.45	2.36	2.45	1.47	1.60	1.56	1.49	2.28
Debt to NOPAT	4.49	3.86	3.80	3.19	3.02	3.14	1.70	1.85	1.87	1.95	3.02
Net Debt to NOPAT	3.09	2.46	2.33	2.10	2.07	2.13	1.03	1.28	1.25	1.62	2.28
Long-Term Debt to NOPAT	4.49	3.86	3.80	3.19	3.02	3.14	1.70	1.85	1.87	1.95	3.02
Noncontrolling Interest Sharing Ratio	27.72%	27.87%	28.81%	29.34%	29.01%	29.01%	30.73%	32.25%	33.88%	33.34%	33.22%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	443	439	309	347	35	-107	-489	-515	-321	530	-75
Operating Cash Flow to CapEx	13,056.25%	19,318.18%	37,885.71%	40,866.67%	20,920.00%	4,394.83%	11,303.85%	4,319.05%	12,357.89%	11,186.96%	9,696.67%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	1.16	0.00	0.00	0.00	-10.52	0.00	-2.64
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	7.00	0.00	0.00	0.00	7.70	0.00	10.28
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	6.96	0.00	0.00	0.00	7.64	0.00	10.17
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.26	0.26	0.25	0.26	0.27	0.28	0.36	0.35	0.36	0.37	0.32
Fixed Asset Turnover	37.68	37.69	35.42	36.24	36.01	36.39	47.26	44.50	43.98	46.48	36.36
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	7,086	7,269	7,291	7,179	7,438	7,501	7,433	7,406	7,289	7,176	6,677
Invested Capital Turnover	0.32	0.32	0.30	0.32	0.32	0.34	0.45	0.43	0.44	0.47	0.40
Increase / (Decrease) in Invested Capital	-353	-232	-143	-227	150	325	757	680	479	301	237
Enterprise Value (EV)	7,997	8,563	8,265	7,960	8,716	8,218	7,506	8,632	8,289	9,482	7,561
Market Capitalization	4,916	5,589	5,301	4,978	5,661	5,118	4,567	5,409	5,105	5,965	4,273
Book Value per Share	$108.97	$110.68	$111.23	$104.53	$109.46	$106.12	$99.72	$94.12	$91.24	$85.76	$72.36
Tangible Book Value per Share	($35.14)	($31.01)	($34.31)	($30.78)	($22.24)	($22.13)	($23.50)	($31.15)	($34.67)	($34.36)	($45.15)
Total Capital	7,086	7,269	7,291	7,179	7,438	7,501	7,433	7,406	7,289	7,176	6,677
Total Debt	2,621	2,620	2,620	2,525	2,525	2,538	2,537	2,536	2,536	2,535	2,535
Total Long-Term Debt	2,621	2,620	2,620	2,525	2,525	2,538	2,537	2,536	2,536	2,535	2,535
Net Debt	1,804	1,670	1,609	1,660	1,732	1,724	1,538	1,751	1,703	2,106	1,912
Capital Expenditures (CapEx)	1.60	1.10	0.70	0.60	1.00	5.80	2.60	2.10	1.90	2.30	3.00
Net Nonoperating Expense (NNE)	-9.09	-14	-20	-15	-14	-26	-18	-23	-31	0.00	-2.53
Net Nonoperating Obligations (NNO)	2,621	2,620	2,620	2,525	2,525	2,538	2,537	2,536	2,536	2,535	2,535
Total Depreciation and Amortization (D&A)	86	11	11	10	10	14	16	16	16	16	18
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.48	$5.36	$4.11	$2.42	$4.56	$5.73	$6.22	$3.49	$3.74	$20.31	$2.95
Adjusted Weighted Average Basic Shares Outstanding	29.20M	31.10M	30.10M	31.50M	32.80M	35.10M	34.90M	35.90M	35.90M	38.50M	38.20M
Adjusted Diluted Earnings per Share	$2.20	$4.95	$3.78	$2.26	$4.14	$5.22	$5.48	$3.25	$3.47	$16.43	$2.80
Adjusted Weighted Average Diluted Shares Outstanding	32.60M	36.10M	35M	35.30M	40.10M	42.20M	43.40M	42.10M	39.90M	49M	43.50M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	28.43M	29.26M	30.23M	29.81M	31.86M	32.79M	33.81M	35.05M	36.10M	35.86M	37.67M
Normalized Net Operating Profit after Tax (NOPAT)	90	207	166	120	185	218	268	165	158	831	162
Normalized NOPAT Margin	15.76%	30.52%	29.22%	23.22%	31.43%	33.05%	38.38%	29.01%	28.93%	56.66%	27.18%
Pre Tax Income Margin	22.14%	40.33%	38.15%	34.39%	43.25%	41.58%	52.10%	38.75%	42.80%	72.19%	33.79%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	7.90	0.00	0.00	0.00	6.41	0.00	7.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	6.17	0.00	0.00	0.00	5.17	0.00	5.72
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	7.86	0.00	0.00	0.00	6.35	0.00	6.89
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	6.14	0.00	0.00	0.00	5.11	0.00	5.61
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	41.27%	35.03%	34.40%	30.55%	30.01%	30.11%	18.88%	21.01%	22.13%	24.75%	42.00%
Augmented Payout Ratio	155.69%	130.87%	128.39%	121.09%	83.97%	67.84%	57.35%	55.88%	59.87%	76.17%	96.19%

Frequently Asked Questions About Affiliated Managers Group's Financials

When does Affiliated Managers Group's fiscal year end?

According to the most recent income statement we have on file, Affiliated Managers Group's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Affiliated Managers Group's net income changed over the last 9 years?

Affiliated Managers Group's net income appears to be on an upward trend, with a most recent value of $740.60 million in 2024, falling from $827.20 million in 2015. The previous period was $906.10 million in 2023. Find out what analysts predict for Affiliated Managers Group in the coming months.

How has Affiliated Managers Group revenue changed over the last 9 years?

Over the last 9 years, Affiliated Managers Group's total revenue changed from $2.77 billion in 2015 to $2.35 billion in 2024, a change of -15.1%.

How much debt does Affiliated Managers Group have?

Affiliated Managers Group's total liabilities were at $4.18 billion at the end of 2024, a 2.1% increase from 2023, and a 23.4% increase since 2015.

How much cash does Affiliated Managers Group have?

In the past 9 years, Affiliated Managers Group's cash and equivalents has ranged from $429.20 million in 2022 to $1.04 billion in 2020, and is currently $950 million as of their latest financial filing in 2024.

How has Affiliated Managers Group's book value per share changed over the last 9 years?

Over the last 9 years, Affiliated Managers Group's book value per share changed from 52.50 in 2015 to 110.68 in 2024, a change of 110.8%.

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This page (NYSE:AMG) was last updated on 5/29/2025 by MarketBeat.com Staff

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Affiliated Managers Group (AMG) Financials

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Affiliated Managers Group (AMG) Financials

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