Affiliated Managers Group, Inc. (AMG)

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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,030	2,041	2,058	2,330	2,412	2,028
Revenue Growth (YoY)	0.11%	-0.82%	-11.67%	-3.43%	18.98%	-9.47%
Cost of Revenue	953.7	915.3	907.5	1,072	1,047	883.7
Gross Profit	1,077	1,126	1,150	1,258	1,365	1,144
Selling, General & Admin	385.8	376.5	358.2	385.5	347.1	321.4
Other Operating Expenses	40.3	40.3	45.8	34.7	73.5	52.8
Operating Expenses	542.8	459.2	465.3	487.6	472.9	533.8
Operating Income	533.9	666.4	685	770.5	892.4	610
Interest Expense	-138.5	-133.3	-123.8	-114.4	-111.4	-92.3
Interest & Investment Income	49.1	49.1	82.9	110.3	117.6	34.1
Earnings From Equity Investments	317.9	312.7	280	338.1	242.5	-43.4
EBT Excluding Unusual Items	762.3	894.9	924.1	1,105	1,141	508.4
Gain (Loss) on Sale of Investments	26.6	28.3	167.3	641.9	-	-
Pretax Income	788.9	923.2	1,091	1,746	1,141	508.4
Income Tax Expense	147	182.6	185.3	358.3	251	81.4
Earnings From Continuing Operations	641.9	740.6	906.1	1,388	890.1	427
Minority Interest in Earnings	-199.5	-229	-233.2	-242.2	-324.4	-224.8
Net Income	442.4	511.6	672.9	1,146	565.7	202.2
Net Income to Common	442.4	511.6	672.9	1,146	565.7	202.2
Net Income Growth	-30.76%	-23.97%	-41.28%	102.56%	179.77%	1187.90%
Shares Outstanding (Basic)	30	31	35	39	42	47
Shares Outstanding (Diluted)	34	36	42	49	45	47
Shares Change (YoY)	-14.59%	-14.46%	-13.88%	9.38%	-4.07%	-7.71%
EPS (Basic)	15.00	16.45	19.17	29.76	13.63	4.35
EPS (Diluted)	13.84	15.11	17.42	25.36	13.04	4.33
EPS Growth	-20.42%	-13.28%	-31.30%	94.50%	201.16%	1296.77%
Free Cash Flow	912.6	928.7	861.9	1,043	1,251	1,001
Free Cash Flow Per Share	26.64	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	53.03%	55.15%	55.90%	54.01%	56.59%	56.41%
Operating Margin	26.30%	32.65%	33.29%	33.07%	36.99%	30.09%
Profit Margin	21.79%	25.07%	32.70%	49.19%	23.45%	9.97%
Free Cash Flow Margin	44.95%	45.50%	41.88%	44.79%	51.85%	49.36%
EBITDA	650.6	708.8	746.3	837.9	944.7	769.6
EBITDA Margin	32.04%	34.73%	36.27%	35.97%	39.16%	37.96%
D&A For EBITDA	116.7	42.4	61.3	67.4	52.3	159.6
EBIT	533.9	666.4	685	770.5	892.4	610
EBIT Margin	26.30%	32.65%	33.29%	33.07%	36.99%	30.09%
Effective Tax Rate	18.63%	19.78%	16.98%	20.52%	22.00%	16.01%

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q