15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 0.5% per year over the past 5 years.
Net income has grown faster than revenue (28.8% vs 0.5% per year).
Free cash flow has declined 0.7% per year over the past 5 years.
Financial health
Total debt ($2.7B) exceeds cash ($586M); net debt is $2.1B.
Total debt has grown in line with revenue (3.1% vs 0.5% per year).
Shareholder returns
Dividends have been paid for 9 consecutive years, consuming 0.1% of earnings and 0.1% of free cash flow.
The dividend has declined 43.1% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$2.1B
$717M
0.0%
0.0%
$967M
$2.7B
$586M
2024
$2.0B
$512M
0.0%
0.0%
$929M
$2.6B
$950M
2023
$2.1B
$673M
0.0%
0.0%
$862M
$2.5B
$814M
2022
$2.3B
$1.1B
0.0%
0.0%
$1.0B
$2.5B
$429M
2021
$2.4B
$566M
0.0%
0.0%
$1.3B
$2.5B
$909M
2020
$2.0B
$202M
0.0%
0.0%
$1.0B
$2.3B
$1.0B
2019
$2.2B
$16M
0.0%
0.0%
$920M
$1.8B
$540M
2018
$2.4B
$244M
0.0%
0.0%
$1.1B
$1.8B
$566M
2017
$2.3B
$690M
0.0%
48.1%
$1.2B
$809M
$440M
2016
$2.2B
$473M
0.0%
47.1%
$1.0B
$869M
$431M
2015
—
$510M
—
—
$1.2B
$643M
$564M
2014
—
$434M
—
—
$1.4B
$855M
$551M
2013
—
$361M
—
—
—
$525M
$470M
2012
—
$174M
—
—
—
$325M
$430M
2011
—
$165M
—
—
—
—
$450M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$545M
$110M
0.0%
0.0%
$296M
$2.9B
$376M
Dec '25
$557M
$348M
0.0%
0.0%
$255M
$2.7B
$586M
Sep '25
$528M
$212M
0.0%
0.0%
$276M
$2.4B
$476M
Jun '25
$493M
$84M
0.0%
0.0%
$229M
$2.6B
$361M
Mar '25
$497M
$72M
0.0%
0.0%
$207M
$2.6B
$817M
Dec '24
$524M
$162M
0.0%
0.0%
$211M
$2.6B
$950M
Sep '24
$516M
$124M
0.0%
0.0%
$265M
$2.6B
$1.0B
Jun '24
$500M
$76M
0.0%
0.0%
$245M
$2.5B
$866M
Mar '24
$500M
$150M
0.0%
0.0%
$208M
$2.5B
$793M
Dec '23
$503M
$196M
0.0%
0.0%
$249M
$2.5B
$814M
Sep '23
$525M
$217M
0.0%
0.0%
$291M
$2.5B
$999M
Jun '23
$513M
$125M
0.0%
0.0%
$89M
$2.5B
$786M
Mar '23
$517M
$135M
0.0%
0.0%
$233M
$2.5B
$833M
Dec '22
$540M
$778M
0.0%
0.0%
$255M
$2.5B
$429M
Sep '22
$579M
$113M
0.0%
0.0%
$288M
$2.5B
$623M
Jun '22
$604M
$109M
0.0%
0.0%
$359M
$2.5B
$607M
Mar '22
$607M
$146M
0.0%
0.0%
$141M
$2.6B
$501M
Dec '21
$692M
$178M
0.0%
0.0%
$358M
$2.5B
$909M
Sep '21
$575M
$128M
0.0%
0.0%
$344M
$2.5B
$1.1B
Jun '21
$586M
$109M
0.0%
0.0%
$361M
$2.3B
$778M
Valuation over time
How the market has priced MGRB against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 1.2× (Dec '24) to 1.1× (Nov '25).
The price-to-sales ratio has risen from 0.3× (Mar '23) to 0.3× (Jun '26).
The dividend yield has fallen from 0.3% (Mar '23) to 0.2% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is MGRB growing its revenue and profit?
Over the past 5 years, AFFILIATED MANAGERS GROUP, INC.'s revenue has grown 0.5% per year, and net income grown 28.8% per year. These are computed facts, not advice.
How much debt does MGRB have?
As of FY2025, AFFILIATED MANAGERS GROUP, INC. reported $2.7B of total debt against $586M of cash.
What is MGRB's profit margin?
In FY2025, gross margin was —, operating margin —, and net margin 34.5%.
What is MGRB's P/E ratio?
As of Jun '26, AFFILIATED MANAGERS GROUP, INC. traded at a price-to-earnings ratio of about 1.1× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.