Affiliated Managers Group Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,074	2,041	2,058	2,330	2,412
Revenue Growth (YoY)	1.64%	-0.82%	-11.67%	-3.43%	18.98%
Cost of Revenue	1,020	915.3	907.5	1,072	1,047
Gross Profit	1,055	1,126	1,150	1,258	1,365
Selling, General & Admin	408.6	376.5	358.2	385.5	347.1
Amortization of Goodwill & Intangibles	160.3	29	48.3	51.6	35.7
Other Operating Expenses	69.8	40.3	45.8	34.7	73.5
Operating Expenses	649.1	459.2	465.3	487.6	472.9
Operating Income	405.5	666.4	685	770.5	892.4
Interest Expense	-136.5	-133.3	-123.8	-114.4	-111.4
Interest & Investment Income	83.1	49.1	82.9	110.3	117.6
Earnings From Equity Investments	462.9	312.7	280	338.1	242.5
EBT Excluding Unusual Items	815	894.9	924.1	1,105	1,141
Gain (Loss) on Sale of Investments	371.3	28.3	167.3	641.9	-
Pretax Income	1,186	923.2	1,091	1,746	1,141
Income Tax Expense	282.3	182.6	185.3	358.3	251
Earnings From Continuing Operations	904	740.6	906.1	1,388	890.1
Minority Interest in Earnings	-187.4	-229	-233.2	-242.2	-324.4
Net Income	716.6	511.6	672.9	1,146	565.7
Net Income to Common	716.6	511.6	672.9	1,146	565.7
Net Income Growth	40.07%	-23.97%	-41.28%	102.56%	179.77%
Shares Outstanding (Basic)	29	31	35	39	42
Shares Outstanding (Diluted)	33	36	42	49	45
Shares Change (YoY)	-8.59%	-14.46%	-13.88%	9.38%	-4.07%
EPS (Basic)	25.14	16.45	19.17	29.76	13.63
EPS (Diluted)	22.73	15.11	17.42	25.36	13.04
EPS Growth	50.40%	-13.28%	-31.30%	94.50%	201.16%
Free Cash Flow	-	928.7	861.9	1,043	1,251
Free Cash Flow Per Share	-	25.73	20.42	21.29	27.92
Dividend Per Share	0.040	0.040	0.040	0.040	0.040
Dividend Growth	-	-	-	-	-88.57%
Gross Margin	50.84%	55.15%	55.90%	54.01%	56.59%
Operating Margin	19.55%	32.65%	33.29%	33.07%	36.99%
Profit Margin	34.54%	25.07%	32.70%	49.19%	23.45%
Free Cash Flow Margin	-	45.50%	41.88%	44.79%	51.85%
EBITDA	544.03	708.8	746.3	837.9	944.7
EBITDA Margin	26.23%	34.73%	36.27%	35.97%	39.16%
D&A For EBITDA	138.53	42.4	61.3	67.4	52.3
EBIT	405.5	666.4	685	770.5	892.4
EBIT Margin	19.55%	32.65%	33.29%	33.07%	36.99%
Effective Tax Rate	23.80%	19.78%	16.98%	20.52%	22.00%

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