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Affiliated Managers Group, Inc.(MGRB)Earnings, Financials & Key Ratios
MGRB•NYSE•Banking & Credit
0.7× P/E·Price updated Jun 19, 2026
SectorFinancial ServicesIndustryInvestment BankingSub-IndustryAsset and Alternative Investment Management
AboutAffiliated Managers Group, Inc. engages in the provision of investment management services. It offers strategies across a range of return-oriented asset classes and product structures. The company was founded by William J. Nutt in December 1993 and is headquartered in West Palm Beach, FL.Show more
- Net Interest Income-$53M+59.9%
- Total Revenue$2.45B+19.8%
- Net Income$717M+40.1%
- Return on Equity15.8%+48.4%
- Net Interest Margin-0.58%+61.6%
- Efficiency Ratio54.28%+164.4%
- ROA7.95%+38.9%
- Equity / Assets48.03%-8.8%
- Book Value per Share134.00+4.1%
MGRB Key Insights
Affiliated Managers Group, Inc. (MGRB) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 28.8%
- ✓Strong Piotroski F-Score: 8/9
- ✓Efficient operations: 54.3% efficiency ratio
- ✓Well capitalized: 48.0% equity/assets
- ✓Share count reduced 8.6% through buybacks
- ✓Diversified revenue: 96.6% from non-interest income
✗Weaknesses
- ✗Weak NIM of -0.6%
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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MGRB Price & Volume
Affiliated Managers Group, Inc. (MGRB) stock price & volume — 10-year historical chart
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MGRB Growth Metrics
Affiliated Managers Group, Inc. (MGRB) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-0.16%
5 Years3.82%
3 Years1.63%
TTM-
Profit CAGR
10 Years3.47%
5 Years28.8%
3 Years-14.48%
TTM40.12%
EPS CAGR
10 Years9.38%
5 Years39.34%
3 Years-3.56%
TTM57.22%
Return on Capital
10 Years10.16%
5 Years9.71%
3 Years8.65%
Last Year8.61%
MGRB Recent Earnings
Affiliated Managers Group, Inc. (MGRB) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 2/10 qtrs (40%)●Beat Revenue 0/10 qtrs (0%)
Q2 2026Latest
May 4, 2026Metric
Actual
Est
EPS
$4.12-49.4%
$8.15
Rev
—
$545M
Q1 2026
Feb 12, 2026Metric
Actual
Est
EPS
$9.48+7.0%
$8.86
Rev
$557M-3.8%
$579M
Q4 2025
Nov 3, 2025Metric
Actual
Est
EPS
$6.44+9.3%
$5.89
Rev
$528M-3.1%
$545M
Q3 2025
Jul 31, 2025Metric
Actual
Est
EPS
$2.61-50.7%
$5.29
Rev
$493M-2.6%
$506M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 4, 2026 | $4.12vs $8.15-49.4% | —vs $545M |
| Q1 2026 | Feb 12, 2026 | $9.48vs $8.86+7.0% | $557Mvs $579M-3.8% |
| Q4 2025 | Nov 3, 2025 | $6.44vs $5.89+9.3% | $528Mvs $545M-3.1% |
| Q3 2025 | Jul 31, 2025 | $2.61vs $5.29-50.7% | $493Mvs $506M-2.6% |
Based on last 10 quarters of dataView full earnings history →
MGRB Peer Comparison
Affiliated Managers Group, Inc. (MGRB) competitors in Asset and Alternative Investment Management — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 BEN | 17.17B | 33.05 | 36.32 | 3.45% | 8.99% | 5.64% | 0.94 | |
 IVZ | 12.5B | 28.14 | -17.58 | 5.11% | -3.69% | -1.74% | 0.78 | |
 VRTS | 948.08M | 141.60 | 7.09 | -8% | 16.66% | 13.51% | 2.74 | |
 CNNE | 716.87M | 13.68 | -1.51 | -6.39% | -103.77% | -38.83% | 0.33 | |
 DHIL | 473.29M | 174.99 | 9.77 | 4.48% | 30.89% | 27.03% | 36.26 | |
 BLK | 173.68B | 1050.09 | 29.65 | 18.67% | 22.93% | 9.86% | 0.24 | |
 STT | 48.64B | 168.31 | 17.91 | 2.98% | 13.01% | 10.76% | 1.07 | |
 TROW | 23.43B | 107.65 | 11.64 | 3.12% | 28.28% | 17.56% | 0.07 |
Compare MGRB vs Peers
Affiliated Managers Group, Inc. (MGRB) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
MGRB Income Statement
Affiliated Managers Group, Inc. (MGRB) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Net Interest Income | -87.8M | -80.6M | -76.2M | -92.3M | -111.4M | -114.4M | -123.8M | -133.3M | -53.4M |
NII Growth % | 4.25% | 8.2% | 5.46% | -21.13% | -20.69% | -2.69% | -8.22% | -7.67% | 59.94% |
Net Interest Margin % | -1.01% | -0.98% | -1% | -1.17% | -1.26% | -1.29% | -1.37% | -1.51% | -0.58% |
Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 83.1M |
Interest Expense | 87.8M | 80.6M | 76.2M | 92.3M | 111.4M | 114.4M | 123.8M | 133.3M | 136.5M |
Loan Loss Provision | 891.2M | 906.6M | 866.8M | 791.4M | 935.7M | 957.1M | 783.7M | 782M | 204.9M |
Non-Interest Income | 2.31B | 2.38B | 2.24B | 2.03B | 2.41B | 2.33B | 2.06B | 2.04B | 2.36B |
Non-Interest Income % | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 96.6% |
Total Revenue | 2.31B▲ 0% | 2.38B▲ 3.2% | 2.24B▼ 5.8% | 2.03B▼ 9.5% | 2.41B▲ 19.0% | 2.33B▼ 3.4% | 2.06B▼ 11.7% | 2.04B▼ 0.8% | 2.45B▲ 19.8% |
Revenue Growth % | 5.03% | 3.18% | -5.84% | -9.47% | 18.98% | -3.43% | -11.67% | -0.82% | 19.83% |
Non-Interest Expense | 218.1M | 624.2M | 542.6M | 481M | 399.4M | 452.9M | 419.5M | 418.9M | 1.33B |
Efficiency Ratio | 9.46% | 26.24% | 24.23% | 23.72% | 16.56% | 19.44% | 20.39% | 20.53% | 54.28% |
Operating Income | 1.11B▲ 0% | 767M▼ 30.8% | 754M▼ 1.7% | 662.8M▼ 12.1% | 965.9M▲ 45.7% | 805.2M▼ 16.6% | 730.8M▼ 9.2% | 706.7M▼ 3.3% | 776.8M▲ 9.9% |
Operating Margin % | 48.07% | 32.25% | 33.67% | 32.69% | 40.04% | 34.56% | 35.51% | 34.63% | 31.76% |
Operating Income Growth % | 57.08% | -30.77% | -1.69% | -12.1% | 45.73% | -16.64% | -9.24% | -3.3% | 9.92% |
Pretax Income | 1.07B▲ 0% | 713.6M▼ 33.1% | 308M▼ 56.8% | 508.4M▲ 65.1% | 1.14B▲ 124.4% | 1.75B▲ 53.0% | 1.09B▼ 37.5% | 923.2M▼ 15.4% | 1.19B▲ 28.5% |
Pretax Margin % | 46.3% | 30% | 13.75% | 25.08% | 47.3% | 74.97% | 53.04% | 45.23% | 48.51% |
Income Tax | 58.4M | 181.3M | 2.9M | 81.4M | 251M | 358.3M | 185.3M | 182.6M | 282.3M |
Effective Tax Rate % | 5.47% | 25.41% | 0.94% | 16.01% | 22% | 20.52% | 16.98% | 19.78% | 23.8% |
Net Income | 689.5M▲ 0% | 243.6M▼ 64.7% | 15.7M▼ 93.6% | 202.2M▲ 1187.9% | 565.7M▲ 179.8% | 1.15B▲ 102.6% | 672.9M▼ 41.3% | 511.6M▼ 24.0% | 716.6M▲ 40.1% |
Net Margin % | 29.91% | 10.24% | 0.7% | 9.97% | 23.45% | 49.19% | 32.7% | 25.07% | 29.3% |
Net Income Growth % | 45.83% | -64.67% | -93.55% | 1187.9% | 179.77% | 102.56% | -41.28% | -23.97% | 40.07% |
Net Income (Continuing) | 1.01B | 532.3M | 305.1M | 427M | 890.1M | 1.39B | 906.1M | 740.6M | 904M |
EPS (Diluted) | 12.03▲ 0% | 4.52▼ 62.4% | 0.31▼ 93.1% | 4.33▲ 1296.8% | 13.05▲ 201.4% | 25.35▲ 94.3% | 17.42▼ 31.3% | 15.13▼ 13.1% | 22.74▲ 50.3% |
EPS Growth % | 40.37% | -62.43% | -93.14% | 1296.77% | 201.39% | 94.25% | -31.28% | -13.15% | 50.3% |
EPS (Basic) | 12.30 | 4.54 | 0.31 | 4.34 | 13.65 | 29.77 | 19.18 | 16.45 | 25.18 |
Diluted Shares Outstanding | 58.6M | 53.8M | 50.6M | 46.7M | 44.8M | 49M | 42.2M | 36.1M | 33M |
MGRB Balance Sheet
Affiliated Managers Group, Inc. (MGRB) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Cash & Short Term Investments | 517.3M | 684.8M | 599M | 1.11B | 987M | 1.15B | 1.27B | 1.01B | 586M |
Cash & Due from Banks | 439.5M | 565.5M | 539.6M | 1.04B | 908.5M | 429.2M | 813.6M | 950M | 586M |
Short Term Investments | 77.8M | 119.3M | 59.4M | 74.9M | 78.5M | 716.9M | 461M | 56.6M | 0 |
Total Investments | 3.55B | 3.11B | 2.47B | 2.41B | 2.59B | 3.28B | 3.23B | 2.84B | 3.58B |
Investments Growth % | -2.49% | -12.29% | -20.72% | -2.43% | 7.53% | 26.66% | -1.45% | -12.02% | 26.03% |
Long-Term Investments | 3.47B | 2.99B | 2.41B | 2.33B | 2.51B | 2.56B | 2.77B | 2.79B | 3.58B |
Accounts Receivables | 433.8M | 400.6M | 417.1M | 421.6M | 419.2M | 316M | 368.4M | 409.7M | 496.2M |
Goodwill & Intangibles | 4.11B | 3.94B | 3.83B | 3.71B | 4.66B | 4.52B | 4.34B | 4.28B | 4.17B |
Goodwill | 2.66B | 2.63B | 2.65B | 2.66B | 2.69B | 2.65B | 2.52B | 2.5B | 2.53B |
Intangible Assets | 1.45B | 1.31B | 1.18B | 1.05B | 1.97B | 1.88B | 1.81B | 1.78B | 1.64B |
PP&E (Net) | 111M | 104.3M | 92.3M | 79.6M | 73.9M | 68.5M | 67.3M | 57.6M | 54.4M |
Other Assets | 58.1M | 94M | 304M | 230.9M | 231.1M | 264.6M | 243.9M | 288.7M | 318.3M |
Total Current Assets | 951.1M | 1.09B | 1.02B | 1.54B | 1.41B | 1.46B | 1.64B | 1.42B | 1.08B |
Total Non-Current Assets | 7.75B | 7.13B | 6.64B | 6.35B | 7.47B | 7.42B | 7.42B | 7.41B | 8.13B |
Total Assets | 8.7B▲ 0% | 8.22B▼ 5.6% | 7.65B▼ 6.9% | 7.89B▲ 3.1% | 8.88B▲ 12.5% | 8.88B▲ 0.1% | 9.06B▲ 2.0% | 8.83B▼ 2.5% | 9.21B▲ 4.3% |
Asset Growth % | -0.54% | -5.55% | -6.88% | 3.08% | 12.52% | 0.05% | 2.01% | -2.52% | 4.26% |
Return on Assets (ROA) | 7.9% | 2.88% | 0.2% | 2.6% | 6.75% | 12.91% | 7.5% | 5.72% | 7.95% |
Accounts Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Debt | 1.85B | 2.61B | 2.24B | 2.31B | 2.49B | 2.54B | 2.54B | 2.62B | 2.69B |
Net Debt | 1.42B | 2.04B | 1.7B | 1.27B | 1.58B | 2.11B | 1.72B | 1.67B | 2.11B |
Long-Term Debt | 1.85B | 1.83B | 1.79B | 2.31B | 2.49B | 2.54B | 2.54B | 2.62B | 2.69B |
Short-Term Debt | 0 | 779.7M | 449.7M | 0 | 0 | 0 | 0 | 0 | 0 |
Other Liabilities | 182.4M | 162.7M | 359.1M | 452.2M | 709.2M | 461.7M | 466.3M | 402.4M | 1.56B |
Total Current Liabilities | 807.2M | 746.6M | 634.6M | 712.4M | 789.1M | 778.3M | 628.5M | 639.1M | 0 |
Total Non-Current Liabilities | 2.5B | 2.5B | 2.6B | 3.19B | 3.7B | 3.46B | 3.47B | 3.54B | 4.79B |
Total Liabilities | 3.31B | 3.25B | 3.24B | 3.9B | 4.49B | 4.24B | 4.1B | 4.18B | 4.79B |
Total Equity | 5.39B▲ 0% | 4.97B▼ 7.8% | 4.42B▼ 11.1% | 3.99B▼ 9.7% | 4.38B▲ 9.9% | 4.64B▲ 5.9% | 4.96B▲ 6.9% | 4.65B▼ 6.3% | 4.42B▼ 4.9% |
Equity Growth % | 5.69% | -7.83% | -11.13% | -9.67% | 9.92% | 5.85% | 6.95% | -6.34% | -4.87% |
Equity / Assets (Capital Ratio) | 61.94% | 60.45% | 57.7% | 50.56% | 49.4% | 52.26% | 54.79% | 52.64% | 48.03% |
Return on Equity (ROE) | 13.15% | 4.7% | 0.33% | 4.81% | 13.51% | 25.39% | 14.01% | 10.64% | 15.8% |
Book Value per Share | 91.99 | 92.35 | 87.27 | 85.41 | 97.87 | 94.71 | 117.62 | 128.77 | 134.00 |
Tangible BV per Share | 21.81 | 19.06 | 11.50 | 5.97 | -6.05 | 2.37 | 14.87 | 10.14 | 7.62 |
Common Stock | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K | 600K |
Additional Paid-in Capital | 808.6M | 835.6M | 707.2M | 728.9M | 651.6M | 695.5M | 741.4M | 733.1M | 616.1M |
Retained Earnings | 3.7B | 3.88B | 3.82B | 4.01B | 4.57B | 5.72B | 6.39B | 6.9B | 7.62B |
Accumulated OCI | -21.8M | -109M | -108.8M | -98.3M | -87.9M | -203.4M | -167.6M | -163.6M | -106.8M |
Treasury Stock | -663.7M | -1.15B | -1.48B | -1.86B | -2.35B | -2.98B | -3.38B | -4.12B | -4.89B |
Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
MGRB Cash Flow Statement
Affiliated Managers Group, Inc. (MGRB) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 1.17B | 1.14B | 929.1M | 1.01B | 1.26B | 1.05B | 874.3M | 932.1M | 1.01B |
Operating CF Growth % | 11.43% | -2.55% | -18.54% | 8.63% | 24.76% | -16.24% | -17.1% | 6.61% | 8.45% |
Net Income | 1.01B | 532.3M | 305.1M | 427M | 890.1M | 1.39B | 906.1M | 740.6M | 716.6M |
Depreciation & Amortization | 106.7M | 136.8M | 165.8M | 159.6M | 52.3M | 67.4M | 61.3M | 42.4M | 170.7M |
Deferred Taxes | -123.6M | 51.9M | -55.8M | 26.8M | 91.2M | 32M | 31.4M | 31.4M | 533.1M |
Other Non-Cash Items | 97.1M | 322.6M | 546.9M | 266.7M | -21.1M | -685.1M | -8M | 62.9M | -666.1M |
Working Capital Changes | -8.9M | -4.1M | -123.3M | 10M | 120M | 138.5M | -228.6M | -56.8M | 53.8M |
Cash from Investing | 13.8M | -18.2M | -24.4M | -53.7M | -583.7M | -109.9M | 264.5M | 379.1M | -243.8M |
Purchase of Investments | -37.2M | -40.8M | -85.4M | -47.7M | -73.5M | -312M | -731.1M | -510.4M | -204.4M |
Sale/Maturity of Investments | 100.1M | 48.6M | 72.9M | 47M | 56.4M | 280.2M | 1.01B | 898.1M | 338.9M |
Net Investment Activity | 62.9M | 7.8M | -12.5M | -700K | -17.1M | -31.8M | 277.4M | 387.7M | 134.5M |
Acquisitions | -30.6M | 0 | -44.6M | -44.5M | -558.2M | -66.7M | 200K | -5.2M | -362.4M |
Other Investing | 0 | -7.3M | 42.3M | 0 | 0 | 0 | -700K | 0 | -9.8M |
Cash from Financing | -1.19B | -983.1M | -934.7M | -455.4M | -798.3M | -1.4B | -758.3M | -1.18B | -1.15B |
Dividends Paid | -44.9M | -64.4M | -65.3M | -16.8M | -1.7M | -1.6M | -1.5M | -1.4M | -1M |
Share Repurchases | -393.2M | -505.8M | -502.1M | -650.2M | -745.8M | -775.3M | -409.3M | -816.3M | -706.3M |
Stock Issued | 41.9M | 9.7M | 10.5M | 20.2M | 117.7M | 15.2M | 13.4M | 6.3M | 0 |
Net Stock Activity | -351.3M | -496.1M | -491.6M | -630M | -628.1M | -760.1M | -395.9M | -810M | -706.3M |
Debt Issuance (Net) | -1000K | -1000K | -1000K | 1000K | 1000K | -1000K | 0 | 1000K | 1000K |
Other Financing | -533.5M | -392M | -338.5M | -333.4M | -335.5M | -580.4M | -360.9M | -462.1M | -514.6M |
Net Change in Cash | 8.7M▲ 0% | 126M▲ 1348.3% | -25.9M▼ 120.6% | 500.1M▲ 2030.9% | -131.2M▼ 126.2% | -479.3M▼ 265.3% | 384.4M▲ 180.2% | 136.4M▼ 64.5% | -364M▼ 366.9% |
Exchange Rate Effect | 14.2M | -13.3M | 4.1M | -100K | -8.4M | -21.2M | 3.9M | 1.1M | 17.6M |
Cash at Beginning | 430.8M | 439.5M | 565.5M | 539.6M | 1.04B | 908.5M | 429.2M | 813.6M | 950M |
Cash at End | 439.5M | 565.5M | 539.6M | 1.04B | 908.5M | 429.2M | 813.6M | 950M | 586M |
Interest Paid | 82.1M | 76.9M | 84.1M | 88.3M | 103M | 109.4M | 110.4M | 138.2M | 137.9M |
Income Taxes Paid | 165M | 160.2M | 102.7M | 12.4M | 87.1M | 120.2M | 314.5M | 142.5M | 110.7M |
Free Cash Flow | 1.15B▲ 0% | 1.12B▼ 2.6% | 919.5M▼ 18.0% | 1B▲ 8.8% | 1.25B▲ 25.0% | 1.04B▼ 16.6% | 861.9M▼ 17.4% | 928.7M▲ 7.8% | 1B▲ 8.2% |
FCF Growth % | 11.82% | -2.6% | -18.04% | 8.84% | 24.98% | -16.59% | -17.39% | 7.75% | 8.19% |
MGRB Banking Ratios
Affiliated Managers Group, Inc. (MGRB) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 9.97% | 13.15% | 4.7% | 0.33% | 4.81% | 13.51% | 25.39% | 14.01% | 10.64% | 15.8% |
Return on Assets (ROA) | 5.72% | 7.9% | 2.88% | 0.2% | 2.6% | 6.75% | 12.91% | 7.5% | 5.72% | 7.95% |
Net Interest Margin | -1.05% | -1.01% | -0.98% | -1% | -1.17% | -1.26% | -1.29% | -1.37% | -1.51% | -0.58% |
Efficiency Ratio | 25.38% | 9.46% | 26.24% | 24.23% | 23.72% | 16.56% | 19.44% | 20.39% | 20.53% | 54.28% |
Equity / Assets | 58.29% | 61.94% | 60.45% | 57.7% | 50.56% | 49.4% | 52.26% | 54.79% | 52.64% | 48.03% |
Book Value / Share | 89.47 | 91.99 | 92.35 | 87.27 | 85.41 | 97.87 | 94.71 | 117.62 | 128.77 | 134 |
NII Growth | -88.68% | 4.25% | 8.2% | 5.46% | -21.13% | -20.69% | -2.69% | -8.22% | -7.67% | 59.94% |
Dividend Payout | - | 6.51% | 26.44% | 415.92% | 8.31% | 0.3% | 0.14% | 0.22% | 0.27% | 0.14% |
Related:MGRB Dividend History·MGRB Revenue History·MGRB Price History·MGRB P/E History·MGRB Financial Ratios·MGRB Institutional Holders
MGRB SEC Filings & Documents
Affiliated Managers Group, Inc. (MGRB) SEC filings — annual & quarterly reports (10-K, 10-Q)
MGRB Frequently Asked Questions
Affiliated Managers Group, Inc. (MGRB) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Affiliated Managers Group, Inc. (MGRB) grew revenue by 19.8% over the past year. This is strong growth.
Yes, Affiliated Managers Group, Inc. (MGRB) is profitable, generating $716.7M in net income for fiscal year 2025 (29.3% net margin).
Dividend & Returns
Yes, Affiliated Managers Group, Inc. (MGRB) pays a dividend with a yield of 0.18%. This makes it attractive for income-focused investors.
Affiliated Managers Group, Inc. (MGRB) has a return on equity (ROE) of 15.8%. This is reasonable for most industries.
Industry Metrics
Affiliated Managers Group, Inc. (MGRB) has a net interest margin (NIM) of -0.6%. NIM has been under pressure due to interest rate environment.
Affiliated Managers Group, Inc. (MGRB) has an efficiency ratio of 54.3%. This is excellent, indicating strong cost control.