Affiliated Managers Group, Inc. (FRA:AFS)

Affiliated Managers Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,042	2,041	2,058	2,330	2,412	2,028
Revenue Growth (YoY)	1.13%	-0.82%	-11.67%	-3.43%	18.98%	-9.47%
Cost of Revenue	986.4	915.3	907.5	1,072	1,047	883.7
Gross Profit	1,056	1,126	1,150	1,258	1,365	1,144
Selling, General & Admin	389.2	376.5	358.2	385.5	347.1	321.4
Amortization of Goodwill & Intangibles	103.2	29	48.3	51.6	35.7	140.5
Other Operating Expenses	43.5	40.3	45.8	34.7	73.5	52.8
Operating Expenses	547.8	459.2	465.3	487.6	472.9	533.8
Operating Income	507.9	666.4	685	770.5	892.4	610
Interest Expense	-137	-133.3	-123.8	-114.4	-111.4	-92.3
Interest & Investment Income	53.8	49.1	82.9	110.3	117.6	34.1
Earnings From Equity Investments	353.9	312.7	280	338.1	242.5	-43.4
EBT Excluding Unusual Items	778.6	894.9	924.1	1,105	1,141	508.4
Gain (Loss) on Sale of Investments	155.9	28.3	167.3	641.9	-	-
Pretax Income	934.5	923.2	1,091	1,746	1,141	508.4
Income Tax Expense	187.3	182.6	185.3	358.3	251	81.4
Earnings From Continuing Operations	747.2	740.6	906.1	1,388	890.1	427
Minority Interest in Earnings	-216.1	-229	-233.2	-242.2	-324.4	-224.8
Net Income	531.1	511.6	672.9	1,146	565.7	202.2
Net Income to Common	531.1	511.6	672.9	1,146	565.7	202.2
Net Income Growth	-2.66%	-23.97%	-41.28%	102.56%	179.77%	1187.90%
Shares Outstanding (Basic)	29	31	35	39	42	47
Shares Outstanding (Diluted)	34	36	42	49	45	47
Shares Change (YoY)	-5.42%	-14.46%	-13.88%	9.38%	-4.07%	-7.71%
EPS (Basic)	18.27	16.45	19.17	29.76	13.63	4.35
EPS (Diluted)	16.71	15.11	17.42	25.36	13.04	4.33
EPS Growth	6.83%	-13.28%	-31.30%	94.50%	201.16%	1296.77%
Free Cash Flow	924	928.7	861.9	1,043	1,251	1,001
Free Cash Flow Per Share	26.82	25.73	20.42	21.29	27.92	21.43
Dividend Per Share	0.040	0.040	0.040	0.040	0.040	0.350
Dividend Growth	-	-	-	-	-88.57%	-72.66%
Gross Margin	51.70%	55.15%	55.90%	54.01%	56.59%	56.41%
Operating Margin	24.87%	32.65%	33.29%	33.07%	36.99%	30.09%
Profit Margin	26.01%	25.07%	32.70%	49.19%	23.45%	9.97%
Free Cash Flow Margin	45.25%	45.50%	41.88%	44.79%	51.85%	49.36%
EBITDA	623	708.8	746.3	837.9	944.7	769.6
EBITDA Margin	30.51%	34.73%	36.27%	35.97%	39.16%	37.96%
D&A For EBITDA	115.1	42.4	61.3	67.4	52.3	159.6
EBIT	507.9	666.4	685	770.5	892.4	610
EBIT Margin	24.87%	32.65%	33.29%	33.07%	36.99%	30.09%
Effective Tax Rate	20.04%	19.78%	16.98%	20.52%	22.00%	16.01%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.