Affiliated Managers Group
AMG NYSE· Asset Management & Custody Banks
Last close · Oct 26, 2026
$390.97
KIRA · Stoqly’s AI analyst, in plain words
- Affiliated Managers Group had $2.1B of revenue in fiscal 2025, up 1.6% on the year before. Over five years, revenue changed +0.5% a year on average.
- Affiliated Managers Group made $717M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 11.5% a year.
- Free cash flow was $967M in fiscal 2025, 46.6% of revenue.
- Affiliated Managers Group returned $707M to shareholders in fiscal 2025, 73% of free cash flow. The diluted share count fell 8.6%.
- Affiliated Managers Group owes $2.1B more than it holds in cash.
Market cap
$10.5B
P/E
13.7x
Revenue
$2.1B
Net income
$717M
Free cash flow
$967M
Operating margin
—
Affiliated Managers Group in 30 seconds · fiscal 2025
Are sales growing?
+1.6%
Only a little. Sales grew 1.6% last year.
Does it make a profit?
34.5%
Yes. It keeps 34.5% of every sale as profit.
Does profit turn into cash?
46.6%
Yes. 46.6% of sales ends up as free cash.
How is the share priced?
13.7x
One share costs 13.7 times its yearly profit per share. Typical for its sector: 13.7x.
What Affiliated Managers Group does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 17, 2026
- Legal name
- AFFILIATED MANAGERS GROUP, INC.
- CIK
- 0001004434
Affiliated Managers Group · AMG
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $2.4B | $2.3B | $2.1B | $2.0B | $2.1B |
| Revenue growth | 19.0% | −3.4% | −11.7% | −0.8% | 1.6% |
| Net income | $566M | $1.1B | $673M | $512M | $717M |
| Net margin | 23.5% | 49.2% | 32.7% | 25.1% | 34.5% |
| Diluted EPS | $13.05 | $25.35 | $17.42 | $15.13 | $22.74 |
| Cash | |||||
| Cash from operations | $1.3B | $1.1B | $874M | $932M | $973M |
| Capital expenditure | $8.4M | $11.4M | $12.4M | $3.4M | $6.1M |
| Free cash flow | $1.3B | $1.0B | $862M | $929M | $967M |
| FCF margin | 51.9% | 44.8% | 41.9% | 45.5% | 46.6% |
| Dividends paid | $1.7M | $1.6M | $1.5M | $1.4M | $1.0M |
| Share buybacks | $595M | $714M | $342M | $710M | $706M |
| Share count change | −4.1% | 9.4% | −13.9% | −14.5% | −8.6% |
| Debt and strength | |||||
| Cash and short-term investments | $909M | $429M | $814M | $950M | $586M |
| Debt incl. finance leases | $2.5B | $2.5B | $2.5B | $2.6B | $2.7B |
| Shareholders' equity | $2.8B | $3.2B | $3.6B | $3.3B | $3.2B |
| Interest coverage | 11.2x | 16.3x | 9.8x | 7.7x | 9.6x |
| Returns and quality | |||||
| Return on capital | 19.8% | 25.6% | 16.0% | 13.9% | 16.5% |
| Return on equity | 20.3% | 38.1% | 19.7% | 14.8% | 21.8% |
Insiders bought, 12 months
$0.7M
2 insiders
Insiders sold, 12 months
$10.2M
5 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Affiliated Managers Group · AMG
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Affiliated Managers Group AMG | $10.5B | 1.6% | — | 46.6% | 16.5% | 13.7x | — |
| SEI Investments SEIC | $12.7B | 8.1% | 27.3% | 25.5% | — | 18.2x | — |
| Federated Hermes FHI | $4.1B | 10.3% | 28.5% | 16.4% | 40.9% | 10.6x | 7 |
| Blue Owl Capital OWL | $6.4B | 25.0% | — | 41.8% | 5.2% | 77.8x | — |
| TPG TPG | $17.3B | 33.4% | — | — | 15.2% | 66.9x | — |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $390.97 a share, the company is worth $10.5B: 13.7 times its earnings of the last four quarters.
Affiliated Managers Group grew sales faster than 0 of its 4 similar companies. Its P/E is higher than 1 of 4.
Source: SEC EDGAR XBRL filings (CIK 0001004434). Data updated October 18, 2026. For information only — not investment advice. Check the original filings before relying on any figure.
