Affiliated Managers Group, Inc.

AMG Financial Asset Management

Affiliated Managers Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $2.1 billion, up 1.64% from fiscal 2024.

Revenue
+29.9%
EPS
+138.2%
Free cash flow
+4.18%
Total debt
+14.6%

Quarter to June 2026, against a year earlier

356.89 6.35 +1.81%
Market cap
$9.1B
P/E
11.3×
Fwd P/E
13.7×
Dividend yield
0.01%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Affiliated Managers Group, Inc. (AMG) Operating margin

Alert me on Operating margin

Affiliated Managers Group, Inc.'s operating margin over the twelve months to 30 June 2026 was 21.5%, up 2.0 percentage points from fiscal 2025 (19.6%). Over the past ten years it has ranged from 19.6% (fiscal 2025) to 37.0% (fiscal 2021) — the current reading is the lowest in ten years. That is below the Asset Management industry median of 27.3% and above the Financial sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 19.6% (13.10)
FY2024 32.7% (0.64)
FY2023 33.3% 0.22
FY2022 33.1% (3.92)
FY2021 37.0% 6.90
FY2020 30.1% (1.03)
FY2019 31.1% (1.13)
FY2018 32.3% (1.95)
FY2017 34.2% 2.71
FY2016 31.5% (2.12)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 30.4% 16.16
Mar 2026 14.2% 2.58
Dec 2025 11.6% (17.17)
Sep 2025 28.8% 5.47
42 more quarters

Against its own ten years

Low 19.6% High 37.0%
Ten-year median 32.7%
Current reading's percentile 7

Operating margin against peers

Company Operating margin
BXSL Blackstone Secured Lending Fund compare 83.3%
ARCC Ares Capital Corporation compare 76.1%
VCTR Victory Capital Holdings, Inc. compare 40.4%
CG Carlyle Group Inc. compare 39.6%
SEIC SEI Investments Company compare 29.5%
AMG Affiliated Managers Group, Inc. 21.5%
EQH Equitable Holdings, Inc. compare 18.0%
IVZ Invesco Ltd. compare −4.54%
STEP StepStone Group Inc. compare −58.2%
Asset Management industry median 27.3%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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