AMG
$383.76+0.19%
as of close, Oct 16, 2026
☾ AH $383.76 +0.19%
Affiliated Managers Group Inc.Stock · FinancialsRussell 1000 0.01%Russell 3000 0.01%US Stock Market 0.01%
AMG financial statements
The full income statement, balance sheet, and cash-flow statement for Affiliated Managers Group Inc. (AMG), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 29.8M2024-09 30.2M2024-12 29.3M2025-03 28.4M2025-06 28.4M2025-09 28.1M2025-12 26.7M2026-03 26.4M2026-06 25.9M-13.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 2.07B+1.6% | 2.04B-0.8% | 2.06B-11.7% | 2.33B-3.4% | 2.41B+19.0% | |
| 1.81B+19.7% | 1.51B+0.7% | 1.50B-10.6% | 1.67B+2.6% | 1.63B+8.1% | ||
| Selling, general & administrative | 409M+8.5% | 377M+5.1% | 358M-7.1% | 386M+11.1% | 347M+8.0% | |
| Interest expense | — | — | 124M+8.2% | 114M+2.7% | 111M+20.7% | |
| Equity-method income | 463M+48.0% | 313M+11.7% | 280M-17.2% | 338M+39.4% | 243M+658.8% | |
| Gain (loss) on equity securities | 5.50M+358.3% | 1.20M-58.6% | 2.90M-91.8% | 35.5M | — | |
| Pre-tax income | 1.19B+28.5% | 923M-15.4% | 1.09B-37.5% | 1.75B+53.0% | 1.14B+124.4% | |
| Income tax | 282M+54.6% | 183M-1.5% | 185M-48.3% | 358M+42.7% | 251M+208.4% | |
| 717M+40.1% | 512M-24.0% | 673M-41.3% | 1.15B+102.6% | 566M+179.8% | ||
| Net income to non-controlling interest | 187M-18.2% | 229M-1.8% | 233M-3.7% | 242M-25.3% | 324M+44.3% | |
| Net income to common | 717M+40.1% | 512M-24.0% | 673M-41.3% | 1.15B+102.6% | 566M+179.8% | |
| $22.74+50.3% | $15.13-13.1% | $17.42-31.3% | $25.35+94.3% | $13.05+201.4% | ||
| EPS (basic) | $25.18+53.1% | $16.45-14.2% | $19.18-35.6% | $29.77+118.1% | $13.65+214.5% | |
| Weighted-avg shares (basic) | 28.5M-8.4% | 31.1M-11.4% | 35.1M-8.8% | 38.5M-7.2% | 41.5M-10.8% | |
| Weighted-avg shares (diluted) | 33.0M-8.6% | 36.1M-14.5% | 42.2M-13.9% | 49.0M+9.4% | 44.8M-4.1% | |
| Dividends per share | $0.04+0.0% | $0.04+0.0% | $0.04+0.0% | $0.04+0.0% | $0.04-88.6% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 586M-38.3% | 950M+16.8% | 814M+89.6% | 429M-52.8% | 909M-12.6% | |
| 9.21B+4.3% | 8.83B-2.5% | 9.06B+2.0% | 8.88B+0.1% | 8.88B+12.5% | ||
| Property, plant & equipment | 54.4M-5.6% | 57.6M-14.4% | 67.3M-1.8% | 68.5M-7.3% | 73.9M-7.2% | |
| Goodwill | 2.53B+1.0% | 2.50B-0.7% | 2.52B-4.7% | 2.65B-1.5% | 2.69B+1.0% | |
| Intangible assets | 1.64B-7.8% | 1.78B-1.9% | 1.81B-3.4% | 1.88B-4.6% | 1.97B+87.5% | |
| 4.79B+14.4% | 4.18B+2.1% | 4.10B-3.4% | 4.24B-5.6% | 4.49B+15.2% | ||
| Long-term debt | 2.69B+2.7% | 2.62B+3.3% | 2.54B+0.1% | 2.54B+1.8% | 2.49B+7.7% | |
| Deferred tax liabilities | 533M+2.4% | 521M+12.2% | 464M-0.2% | 465M-7.7% | 503M+18.8% | |
| 3.24B-3.2% | 3.35B-6.8% | 3.59B+11.1% | 3.23B+15.9% | 2.79B+0.2% | ||
| Common stock | 600K+0.0% | 600K+0.0% | 600K+0.0% | 600K+0.0% | 600K+0.0% | |
| Additional paid-in capital | 616M-16.0% | 733M-1.1% | 741M+6.6% | 696M+6.7% | 652M-10.6% | |
| Retained earnings | 7.62B+10.4% | 6.90B+8.0% | 6.39B+11.7% | 5.72B+25.1% | 4.57B+14.1% | |
| Treasury stock | 4.89B+18.5% | 4.12B+22.2% | 3.38B+13.3% | 2.98B+27.0% | 2.35B+26.4% | |
| Total equity incl. non-controlling | 4.18B-2.9% | 4.30B-5.9% | 4.57B+9.4% | 4.18B+12.5% | 3.71B+11.9% | |
| Total liabilities & equity | 9.21B+4.3% | 8.83B-2.5% | 9.06B+2.0% | 8.88B+0.1% | 8.88B+12.5% | |
| Common shares issued | 58.5M+0.0% | 58.5M+0.0% | 58.5M+0.0% | 58.5M+0.0% | 58.5M+0.0% | |
| Shares outstanding (cover) | 26.7M-8.8% | 29.3M-10.8% | 32.8M-8.5% | 35.9M-9.9% | 39.8M-6.7% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 973M+4.4% | 932M+6.6% | 874M-17.1% | 1.05B-16.2% | 1.26B+24.8% | ||
| Share-based compensation | — | 112M-0.4% | 112M-1.5% | 114M-10.2% | 127M+6.3% | |
| Deferred income taxes | 83.8M+38.3% | 60.6M+93.0% | 31.4M-1.9% | 32.0M-64.9% | 91.2M+240.3% | |
| -206M-154.4% | 379M+43.3% | 265M+340.7% | -110M+81.2% | -584M-987.0% | ||
| Capital expenditure | 6.10M+79.4% | 3.40M-72.6% | 12.4M+8.8% | 11.4M+35.7% | 8.40M-1.2% | |
| Free cash flow | 967M+4.1% | 929M+7.8% | 862M-17.4% | 1.04B-16.6% | 1.25B+25.0% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Sales/maturities of investments | 266M-70.4% | 898M-10.9% | 1.01B+259.9% | 280M+396.8% | 56.4M+20.0% | |
| -1.15B+2.3% | -1.18B-55.1% | -758M+45.9% | -1.40B-75.7% | -798M-75.3% | ||
| Long-term debt issued | 899M+6.1% | 848M+3290.4% | 25.0M | 0.00-100.0% | 200M-77.1% | |
| Long-term debt repaid | 826M+10.1% | 750M+2900.0% | 25.0M-58.9% | 60.8M+84.2% | 33.0M-90.6% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 706M-0.5% | 710M+107.6% | 342M-52.1% | 714M+19.9% | 595M+77.6% | |
| Dividends paid | 1.00M-28.6% | 1.40M-6.7% | 1.50M-6.3% | 1.60M-5.9% | 1.70M-89.9% | |
| Other financing activities | -5.20M+56.3% | -11.9M+50.2% | -23.9M+52.7% | -50.5M-147.5% | -20.4M+18.4% | |
| FX effect on cash | 11.6M+376.2% | -4.20M-160.9% | 6.90M+130.5% | -22.6M-2725.0% | -800K-138.1% | |
| Net change in cash | -370M-382.2% | 131M-66.2% | 387M+180.6% | -481M-288.9% | -124M-124.6% | |
| Interest paid | 138M-0.2% | 138M+25.2% | 110M+0.9% | 109M+6.2% | 103M+16.6% | |
| Income taxes paid | 111M-22.3% | 143M-54.7% | 315M+161.6% | 120M+38.0% | 87.1M+802.4% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 7.69B+42.2% | 5.41B+5.7% | 5.12B-14.2% | 5.97B-8.8% | 6.54B+51.0% | |
| P/E | 10.7×+1.5% | 10.6×+159.2% | 4.1×-62.6% | 10.9×-5.6% | 11.6×-46.0% | |
| P/S | 3.7×+39.9% | 2.7×+8.5% | 2.4×+1.6% | 2.4×-11.4% | 2.7×+26.9% | |
| P/B | 2.4×+46.9% | 1.6×+10.4% | 1.5×-32.1% | 2.2×-8.1% | 2.3×+50.6% | |
| P/FCF | 8.0×+36.5% | 5.8×-1.2% | 5.9×+13.4% | 5.2×-0.5% | 5.2×+20.8% | |
| Earnings yield | 9.3%-1.5% | 9.5%-61.4% | 24.5%+167.7% | 9.2%+5.9% | 8.6%+85.3% | |
| FCF yield | 12.6%-26.8% | 17.2%+1.3% | 17.0%-11.8% | 19.2%+0.5% | 19.1%-17.2% | |
| Dividend yield | 0.01%-35.9% | 0.02%-18.1% | 0.03%+4.6% | 0.03%+3.8% | 0.02%-92.9% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: AMG’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all AMG filings on SEC EDGAR → Not investment advice.