Source: Affiliated Managers Group's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 03, 2026
Revenue, net income & free cash flow
Income statement
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
$2.19B
$2.31B
$2.38B
$2.24B
$2.03B
$2.41B
$2.33B
$2.06B
$2.04B
$2.07B
Selling, general & admin
$398.10M
$373.10M
$417.70M
$376.80M
$321.40M
$347.10M
$385.50M
$358.20M
$376.50M
$408.60M
Operating income
$1.03B
$1.11B
—
—
—
—
—
—
—
—
Interest expense
$91.70M
$87.80M
$80.60M
$76.20M
$92.30M
$111.40M
$114.40M
$123.80M
—
—
Pre-tax income
$974.60M
$1.07B
$713.60M
$308.00M
$508.40M
$1.14B
$1.75B
$1.09B
$923.20M
$1.19B
Income tax
$235.60M
$58.40M
$181.30M
$2.90M
$81.40M
$251.00M
$358.30M
$185.30M
$182.60M
$282.30M
Net income
$472.80M
$689.50M
$243.60M
$15.70M
$202.20M
$565.70M
$1.15B
$672.90M
$511.60M
$716.60M
EPS (basic)
$8.73
$12.30
$4.55
$0.31
$4.34
$13.65
$29.77
$19.18
$16.45
$25.18
EPS (diluted)
$8.57
$12.03
$4.52
$0.31
$4.33
$13.05
$25.35
$17.42
$15.13
$22.74
Diluted shares
57.00M
58.60M
53.80M
50.60M
46.70M
44.80M
49.00M
42.20M
36.10M
33.00M
Operating margin
47.1%
48.1%
—
—
—
—
—
—
—
—
Net margin
21.5%
29.9%
10.2%
0.7%
10.0%
23.4%
49.2%
32.7%
25.1%
34.5%
Balance sheet
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Cash & equivalents
$430.80M
$439.50M
$565.50M
$539.60M
$1.04B
$908.50M
$429.20M
$813.60M
$950.00M
$586.00M
Goodwill
$2.63B
$2.66B
$2.63B
$2.65B
$2.66B
$2.69B
$2.65B
$2.52B
$2.50B
$2.53B
Total assets
$8.75B
$8.70B
$8.22B
$7.65B
$7.89B
$8.88B
$8.88B
$9.06B
$8.83B
$9.21B
Long-term debt
$868.60M
$809.00M
$1.83B
$1.79B
$2.31B
$2.49B
$2.54B
$2.54B
$2.62B
$2.69B
Total debt
$868.60M
$809.00M
$1.83B
$1.79B
$2.31B
$2.49B
$2.54B
$2.54B
$2.62B
$2.69B
Total liabilities
$3.65B
$3.31B
$3.25B
$3.24B
$3.90B
$4.49B
$4.24B
$4.10B
$4.18B
$4.79B
Shareholders' equity
$3.62B
$3.82B
$3.46B
$2.94B
$2.78B
$2.79B
$3.23B
$3.59B
$3.35B
$3.24B
Cash flow
fiscal years · USD
Fiscal year
FY2016
FY2017
FY2018
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
Operating cash flow
$1.05B
$1.17B
$1.14B
$929.10M
$1.01B
$1.26B
$1.05B
$874.30M
$932.10M
$973.20M
Capital expenditures
$20.20M
$18.50M
$18.70M
$9.60M
$8.50M
$8.40M
$11.40M
$12.40M
$3.40M
$6.10M
Free cash flow
$1.03B
$1.15B
$1.12B
$919.50M
$1.00B
$1.25B
$1.04B
$861.90M
$928.70M
$967.10M
Investing cash flow
-$1.33B
$13.80M
-$18.20M
-$24.40M
-$53.70M
-$583.70M
-$109.90M
$264.50M
$379.10M
-$206.10M
Financing cash flow
$200.90M
-$1.19B
-$983.10M
-$934.70M
-$455.40M
-$798.30M
-$1.40B
-$758.30M
-$1.18B
-$1.15B
Dividends paid
$0
$44.90M
$64.40M
$65.30M
$16.80M
$1.70M
$1.60M
$1.50M
$1.40M
$1.00M
Share buybacks
$33.40M
$351.30M
$496.10M
$356.10M
$335.10M
$595.30M
$713.80M
$341.90M
$709.80M
$706.30M
Stock-based compensation
$39.20M
$40.40M
$44.70M
$90.40M
$119.20M
$126.70M
$113.80M
$112.10M
$111.60M
$59.20M
Income statement
quarters · USD
Quarter ended
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
$525.20M
$502.60M
$499.90M
$500.30M
$516.40M
$524.30M
$496.60M
$493.20M
$528.00M
$556.60M
$544.90M
$640.70M
Selling, general & admin
$91.10M
$84.80M
$91.70M
$89.40M
$97.00M
$98.40M
$94.70M
$95.70M
$100.50M
$117.80M
$107.40M
$107.40M
Interest expense
$31.10M
$31.40M
$29.90M
—
—
—
—
—
—
—
—
—
Pre-tax income
$363.70M
$274.10M
$254.10M
$178.30M
$217.10M
$273.70M
$126.60M
$171.60M
$362.50M
$525.50M
$192.90M
$307.40M
Income tax
$77.70M
$29.90M
$55.40M
$43.30M
$31.30M
$52.60M
$27.40M
$35.70M
$71.60M
$147.60M
$46.50M
$70.00M
Net income
$217.00M
$196.10M
$149.80M
$76.00M
$123.60M
$162.10M
$72.40M
$84.30M
$212.40M
$347.60M
$110.40M
$185.90M
EPS (basic)
$6.22
$5.77
$4.56
$2.42
$4.11
$5.34
$2.48
$2.96
$7.47
$12.33
$4.12
$7.05
EPS (diluted)
$5.48
$5.14
$4.14
$2.26
$3.78
$4.88
$2.20
$2.80
$6.87
$10.91
$3.84
$6.95
Diluted shares
43.40M
-700.00K
40.10M
35.30M
35.00M
900.00K
32.60M
31.40M
32.90M
0
27.50M
26.90M
Net margin
41.3%
39.0%
30.0%
15.2%
23.9%
30.9%
14.6%
17.1%
40.2%
62.5%
20.3%
29.0%
Balance sheet
quarters · USD
Quarter ended
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Cash & equivalents
$999.20M
$813.60M
$793.40M
$865.50M
$1.01B
$950.00M
$816.50M
$361.00M
$476.10M
$586.00M
$376.10M
$411.00M
Goodwill
$2.51B
$2.52B
$2.52B
$2.52B
$2.53B
$2.50B
$2.51B
$2.54B
$2.53B
$2.53B
$2.52B
$2.51B
Total assets
$9.00B
$9.06B
$9.02B
$8.85B
$8.90B
$8.83B
$8.71B
$8.81B
$8.93B
$9.21B
$9.40B
$9.40B
Long-term debt
$2.54B
$2.54B
$2.52B
$2.53B
$2.62B
$2.62B
$2.62B
$2.62B
$2.37B
$2.69B
$2.92B
$3.00B
Total debt
$2.54B
$2.54B
$2.52B
$2.53B
$2.62B
$2.62B
$2.62B
$2.62B
$2.37B
$2.69B
$2.92B
$3.00B
Total liabilities
$4.11B
$4.10B
$4.11B
$4.19B
$4.23B
$4.18B
$4.25B
$4.33B
$4.39B
$4.79B
$5.15B
$5.20B
Shareholders' equity
$3.50B
$3.59B
$3.59B
$3.33B
$3.32B
$3.35B
$3.19B
$3.24B
$3.34B
$3.24B
$3.09B
$3.04B
Cash flow
quarters · USD
Quarter ended
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Operating cash flow
$293.90M
$254.90M
$209.20M
$245.20M
$265.20M
$212.50M
$208.90M
$230.80M
$277.10M
$256.40M
$299.30M
$239.00M
Capital expenditures
$2.60M
$5.80M
$1.00M
$600.00K
$700.00K
$1.10M
$1.60M
$1.40M
$1.20M
$1.90M
$3.80M
$0
Free cash flow
$291.30M
$249.10M
$208.20M
$244.60M
$264.50M
$211.40M
$207.30M
$229.40M
$275.90M
$254.50M
$295.50M
$239.00M
Investing cash flow
$186.80M
-$213.40M
$74.50M
$240.30M
$55.80M
$8.50M
-$35.60M
-$493.70M
$270.70M
$52.50M
-$229.00M
$9.70M
Financing cash flow
-$258.80M
-$234.30M
-$302.30M
-$413.80M
-$188.00M
-$271.80M
-$316.90M
-$201.50M
-$430.20M
-$200.10M
-$277.30M
-$211.70M
Dividends paid
$400.00K
$300.00K
$300.00K
$400.00K
$300.00K
$400.00K
$300.00K
$200.00K
$300.00K
$200.00K
—
—
Share buybacks
$169.30M
$128.30M
$152.50M
$332.10M
$104.90M
$120.30M
$176.20M
$101.30M
$75.70M
$353.10M
$185.10M
$179.70M
Stock-based compensation
$26.00M
$28.70M
$38.80M
$27.50M
$22.30M
$23.00M
$23.70M
$68.60M
$56.30M
$24.90M
$6.90M
$10.20M
Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.