MGRB Financials AFFILIATED MANAGERS GROUP, INC.

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 41 d ago 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

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
2025	$2.1B	$717M	0.0%	0.0%	22.1%	7.8%	$967M	$2.7B	$586M
2024	$2.0B	$512M	0.0%	0.0%	15.3%	5.8%	$929M	$2.6B	$950M
2023	$2.1B	$673M	0.0%	0.0%	18.8%	7.4%	$862M	$2.5B	$814M
2022	$2.3B	$1.1B	0.0%	0.0%	35.5%	12.9%	$1.0B	$2.5B	$429M
2021	$2.4B	$566M	0.0%	0.0%	20.3%	6.4%	$1.3B	$2.5B	$909M
2020	$2.0B	$202M	0.0%	0.0%	7.3%	2.6%	$1.0B	$2.3B	$1.0B
2019	$2.2B	$16M	0.0%	0.0%	0.5%	0.2%	$920M	$1.8B	$540M
2018	$2.4B	$244M	0.0%	0.0%	7.0%	3.0%	$1.1B	$1.8B	$566M
2017	$2.3B	$690M	0.0%	48.1%	18.0%	7.9%	$1.2B	$809M	$440M
2016	$2.2B	$473M	0.0%	47.1%	13.1%	5.4%	$1.0B	$869M	$431M
2015	—	$510M	—	—	18.0%	6.6%	$1.2B	$643M	$564M
2014	—	$434M	—	—	16.5%	5.6%	$1.4B	$855M	$551M
2013	—	$361M	—	—	16.9%	5.7%	—	$525M	$470M
2012	—	$174M	—	—	8.3%	2.8%	—	$325M	$430M
2011	—	$165M	—	—	8.8%	3.2%	—	—	$450M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

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	ROE	ROA	FCF	Total debt	Cash
Jun '26	$641M	$186M	0.0%	0.0%	6.1%	2.0%	$239M	$3.0B	$411M
Mar '26	$545M	$110M	0.0%	0.0%	3.6%	1.2%	$296M	$2.9B	$376M
Dec '25	$557M	$348M	0.0%	0.0%	10.7%	3.8%	$255M	$2.7B	$586M
Sep '25	$528M	$212M	0.0%	0.0%	6.4%	2.4%	$276M	$2.4B	$476M
Jun '25	$493M	$84M	0.0%	0.0%	2.6%	1.0%	$229M	$2.6B	$361M
Mar '25	$497M	$72M	0.0%	0.0%	2.3%	0.8%	$207M	$2.6B	$817M
Dec '24	$524M	$162M	0.0%	0.0%	4.8%	1.8%	$211M	$2.6B	$950M
Sep '24	$516M	$124M	0.0%	0.0%	3.7%	1.4%	$265M	$2.6B	$1.0B
Jun '24	$500M	$76M	0.0%	0.0%	2.3%	0.9%	$245M	$2.5B	$866M
Mar '24	$500M	$150M	0.0%	0.0%	4.2%	1.7%	$208M	$2.5B	$793M
Dec '23	$503M	$196M	0.0%	0.0%	5.5%	2.2%	$249M	$2.5B	$814M
Sep '23	$525M	$217M	0.0%	0.0%	6.2%	2.4%	$291M	$2.5B	$999M
Jun '23	$513M	$125M	0.0%	0.0%	3.7%	1.4%	$89M	$2.5B	$786M
Mar '23	$517M	$135M	0.0%	0.0%	4.1%	1.5%	$233M	$2.5B	$833M
Dec '22	$540M	$778M	0.0%	0.0%	24.1%	8.8%	$255M	$2.5B	$429M
Sep '22	$579M	$113M	0.0%	0.0%	4.1%	1.3%	$288M	$2.5B	$623M
Jun '22	$604M	$109M	0.0%	0.0%	4.0%	1.3%	$359M	$2.5B	$607M
Mar '22	$607M	$146M	0.0%	0.0%	5.5%	1.7%	$141M	$2.6B	$501M
Dec '21	$692M	$178M	0.0%	0.0%	6.4%	2.0%	$358M	$2.5B	$909M
Sep '21	$575M	$128M	0.0%	0.0%	4.9%	1.6%	$344M	$2.5B	$1.1B

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× (Sep '26).
The dividend yield has fallen from 0.3% (Mar '23) to 0.2% (Sep '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 Sep '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.