Affiliated Managers Group, Inc. income statement
In fiscal 2025, Affiliated Managers Group, Inc. reported revenue of $2.07bn, up 1.6% on the year before and net income of $717m, or $22.74 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,195 | 2,305 | 2,378 | 2,240 | 2,028 | 2,412 | 2,330 | 2,058 | 2,041 | 2,074 | 2,270 |
| Selling, general and administrative | 398 | 373 | 418 | 377 | 321 | 347 | 386 | 358 | 377 | 409 | 433 |
| Operating income | 1,034 | 1,108 | — | — | — | — | — | — | — | — | — |
| Interest expense | 92 | 88 | 81 | 76 | 92 | 111 | 114 | 124 | — | — | — |
| Income before tax | 975 | 1,067 | 714 | 308 | 508 | 1,141 | 1,746 | 1,091 | 923 | 1,186 | 1,388 |
| Income tax | 236 | 58 | 181 | 3 | 81 | 251 | 358 | 185 | 183 | 282 | 336 |
| Net income | 473 | 690 | 244 | 16 | 202 | 566 | 1,146 | 673 | 512 | 717 | 856 |
| Diluted EPS | $8.57 | $12.03 | $4.52 | $0.31 | $4.33 | $13.05 | $25.35 | $17.42 | $15.13 | $22.74 | $27.98 |
| Diluted shares (average) | 57m | 59m | 54m | 51m | 47m | 45m | 49m | 42m | 36m | 33m | 31m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 516 | 524 | 497 | 493 | 528 | 557 | 545 | 641 |
| Selling, general and administrative | 97 | 98 | 95 | 96 | 101 | 118 | 107 | 107 |
| Income before tax | 217 | 274 | 127 | 172 | 363 | 526 | 193 | 307 |
| Income tax | 31 | 53 | 27 | 36 | 72 | 148 | 47 | 70 |
| Net income | 124 | 162 | 72 | 84 | 212 | 348 | 110 | 186 |
| Diluted EPS | $3.78 | $4.88 | $2.20 | $2.80 | $6.87 | $10.91 | $3.84 | $6.95 |
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