Affiliated Managers Group, Inc. (AMG) Financial Statements
Industry: Investment Advice
In fiscal 2025, Affiliated Managers reported revenue of $2.07B, up 1.6% from $2.04B the year before. Net income was $716.6M (a 34.5% net margin), or $22.74 per diluted share. Operating activities generated $973.2M of cash, leaving $967.1M of free cash flow. At fiscal year end, Affiliated Managers held $9.21B in total assets against $4.79B in total liabilities, including $586.0M of cash and equivalents.
Open the full interactive Affiliated Managers financials → Quarterly statements, key ratios, valuation history and price charts.
Affiliated Managers Key Stats
| Share Price | $379.01 |
|---|---|
| Market Cap | $10.20B |
| P/E Ratio | 16.7 |
| Revenue YoY Growth | +1.6% |
| 52-Week Range | $233.82 – $387.26 |
| Shares Outstanding | 26.4 million (basic, 2026 Q2) |
Affiliated Managers Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $2.03B | $2.41B | $2.33B | $2.06B | $2.04B | $2.07B |
| Pre-Tax Income | $508.3M | $1.14B | $1.75B | $1.09B | $923.2M | $1.19B |
| Income Tax | $81.4M | $251.0M | $358.3M | $185.3M | $182.6M | $282.3M |
| Net Income | $202.2M | $565.7M | $1.15B | $672.9M | $511.6M | $716.6M |
| Diluted EPS | $4.33 | $13.05 | $25.35 | $17.42 | $15.13 | $22.74 |
Affiliated Managers Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $528.0M | $556.6M | $544.9M | $640.7M |
| Net Income | $212.4M | $347.5M | $110.4M | $185.9M |
| Diluted EPS | $6.87 | $10.53 | $3.84 | $6.95 |
Affiliated Managers Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.04B | $908.5M | $429.2M | $813.6M | $950.0M | $586.0M |
| Total Assets | $7.89B | $8.88B | $8.88B | $9.06B | $8.83B | $9.21B |
| Total Long-Term Debt | $2.31B | $2.49B | $2.54B | $2.54B | $2.62B | $2.69B |
| Total Liabilities | $3.90B | $4.49B | $4.24B | $4.10B | $4.18B | $4.79B |
| Shareholders' Equity | $2.78B | $2.79B | $3.23B | $3.59B | $3.35B | $3.24B |
Affiliated Managers Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.01B | $1.26B | $1.05B | $874.3M | $932.1M | $973.2M |
| Cash From Investing | -$53.7M | -$583.7M | -$109.9M | $264.5M | $379.1M | -$206.1M |
| Cash From Financing | -$455.4M | -$798.3M | -$1.40B | -$758.3M | -$1.18B | -$1.15B |
| Free Cash Flow | $1.00B | $1.25B | $1.04B | $861.9M | $928.7M | $967.1M |
Figures from Affiliated Managers' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Affiliated Managers financials page for every line item.
Affiliated Managers Company Profile
| Ticker | AMG |
|---|---|
| Exchange | NYSE |
| Industry | Investment Advice |
| Headquarters | Jupiter, Florida |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001004434 |
Frequently Asked Questions
What was Affiliated Managers' revenue in fiscal 2025?
Affiliated Managers (AMG) reported revenue of $2.07B for fiscal 2025.
What is Affiliated Managers' annual revenue history?
Affiliated Managers' annual revenue by fiscal year: 2020: $2.03B; 2021: $2.41B; 2022: $2.33B; 2023: $2.06B; 2024: $2.04B; 2025: $2.07B.
What was Affiliated Managers' net income in fiscal 2025?
Affiliated Managers reported net income of $716.6M for fiscal 2025.
What was Affiliated Managers' earnings per share (EPS) in fiscal 2025?
Affiliated Managers' diluted EPS was $22.74 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Affiliated Managers generate in fiscal 2025?
Affiliated Managers generated $967.1M of free cash flow in fiscal 2025.
What was Affiliated Managers' revenue last quarter?
In its most recent reported quarter (2026 Q2), Affiliated Managers reported revenue of $640.7M.
How much debt does Affiliated Managers have?
Affiliated Managers reported $2.69B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Affiliated Managers are outstanding?
Affiliated Managers reported a weighted average of 26.4 million basic shares outstanding in 2026 Q2.
What is Affiliated Managers' market cap?
Based on its latest closing price, Affiliated Managers (AMG) has a market capitalization of about $10.20B.
When does Affiliated Managers' fiscal year end?
Affiliated Managers' fiscal year end, as registered with the SEC, is December 31.
Where is Affiliated Managers headquartered?
Affiliated Managers lists its business address in Jupiter, Florida in its SEC filings.