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MGRAffiliated Managers Group, Inc.
$19.68$541M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
MGR logo

Affiliated Managers Group, Inc.

MGR
NYSE · Investment Banking
$19.68
At close - Sep 21, 4:00 PM EDT - USD
Market Cap$541M
P/E0.9x
52W High$22.79
Volume44.5K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q1

Market Sensitivity Drives Volatile Boutique Asset Performance

Affiliated Managers Group operates a decentralized boutique model that remains highly tethered to market-driven asset valuations, resulting in significant revenue fluctuations like the peak of $800.4M in 2025Q4. While the firm maintains a conservative balance ...

GrowthMixed
ProfitabilityModerate
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

MGR price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

10/12 Beats

EPS beat 10 of last 12 quarters

02

Valuation risk

-96% Peers

P/E is 96% below peer median

03

Market leadership

RS 40 · Lag

Laggard (Underperforming 60% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 9

Market performance

Price History →

Trailing total returns as of 9/22/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
MGR-3.61%
S&P 500 (^GSPC)+13.22%
1-Year Return
MGR-6.34%
S&P 500 (^GSPC)+15.99%
3-Year Return
MGR+12.03%
S&P 500 (^GSPC)+82.54%
5-Year Return
MGR-2.27%
S&P 500 (^GSPC)+79.60%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
0.9x
Forward P/EExpansion
0.6x
EV/EBITDA20th %ile
2.6x
FCF YieldCash Flow
185.7%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
0.9x
1.4x
20th· Low
EV/EBITDA
2.6x
2.7x
20th· Low
Price/FCF
0.5x
0.9x
0th· Low
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue
$2.32B+13.6% YoY
Net income
$717M+40.1% YoY
Free cash flow
$1B+6.5% YoY
Operating margin
34%-2.7 pts YoY
ROIC (TTM)8.2%
Avg ROIC 5Y-
ROE (TTM)15.8%
Piotroski Score8 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate10/12 (83%)
Revenue Beat Rate3/12 (25%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 30, 2026
$8.29+4.9%
vs $7.90
$641M+8.4%
vs $591M
Q2 2026
May 4, 2026
$4.12-49.4%
vs $8.15
$832M+52.8%
vs $545M
Q2 2026
May 1, 2026
$8.23+1.9%
vs $8.08
$545M+0.2%
vs $544M
Q1 2026
Feb 12, 2026
$9.48+7.0%
vs $8.86
$557M-3.8%
vs $579M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
04

Compare before deciding

Benchmark MGR against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Affiliated Managers Group, Inc. (MGR)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
MGR logoMGRAffiliated Managers Group, Inc.Current
$19.68$541.2M0.8513.59%30.92%15.8%0.16%
BEN logoBENFranklin Resources, Inc.
$33.64$17.48B36.973.52%9.56%6.35%—
IVZ logoIVZInvesco Ltd.
$31.38$13.91B-19.614.75%-0.93%-0.48%—
VRTS logoVRTSVirtus Investment Partners, Inc.
$129.85$867.67M6.50-7.13%15.72%11.02%—
DHIL logoDHILDiamond Hill Investment Group, Inc.
$174.99$473.29M9.774.48%30.89%27.03%—
CNNE logoCNNECannae Holdings, Inc.
$15.23$669.21M-1.68-6.39%-38.18%-15.57%—

Compare MGR vs Peers

Affiliated Managers Group, Inc. (MGR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs BEN

Most directly comparable listed peer for MGR.

Scale Benchmark

vs MS

Larger-name benchmark to compare MGR against a more recognizable public peer.

Peer Set

Compare Top 5

vs BEN, IVZ, VRTS, DHIL

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

MGR SEC Filings & Documents

Affiliated Managers Group, Inc. (MGR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 30, 2026·SEC

Material company update

Jun 9, 2026·SEC

Material company update

May 28, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 17, 2026·SEC

FY 2025

Feb 14, 2025·SEC

FY 2024

Feb 16, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 7, 2026·SEC

FY 2025

Nov 6, 2025·SEC

FY 2025

Aug 7, 2025·SEC

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MGR Frequently Asked Questions

Affiliated Managers Group, Inc. (MGR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Affiliated Managers Group, Inc. growing?

Affiliated Managers Group, Inc. (MGR) grew revenue by 13.6% over the past year. This is steady growth.

Is MGR profitable?

Yes, Affiliated Managers Group, Inc. (MGR) is profitable, generating $754.7M in net income for fiscal year 2025 (30.9% net margin).

Dividend & Returns
Does MGR pay dividends?

Yes, Affiliated Managers Group, Inc. (MGR) pays a dividend with a yield of 0.16%. This makes it attractive for income-focused investors.

What is MGR's return on equity?

Affiliated Managers Group, Inc. (MGR) has a return on equity (ROE) of 15.8%. This is reasonable for most industries.

Industry Metrics
What is Affiliated Managers Group, Inc.'s net interest margin?

Affiliated Managers Group, Inc. (MGR) has a net interest margin (NIM) of 1.0%. NIM has been under pressure due to interest rate environment.

What is Affiliated Managers Group, Inc.'s efficiency ratio?

Affiliated Managers Group, Inc. (MGR) has an efficiency ratio of 28.0%. This is excellent, indicating strong cost control.

What if you invested $1,000 in MGR back in 2002?

Total return calculator · dividends reinvested · 24+ years of data

See returns →