← AFFILIATED MANAGERS GROUP, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.2b | $2.3b | $2.4b | $2.2b | $2.0b | $2.4b | $2.3b | $2.1b | $2.0b | $2.1b | |
| Selling, general and administrative | $398.1m | $373.1m | $417.7m | $376.8m | $321.4m | $347.1m | $385.5m | $358.2m | $376.5m | $408.6m | |
| Operating Expenses | $1.5b | $1.5b | $1.7b | $1.6b | $1.5b | $1.6b | $1.7b | $1.5b | $1.5b | $1.8b | |
| Operating Income (Loss) | $705.3m | $1.1b | — | — | — | — | — | — | — | — | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $110.2m | — | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $688.1m | $756.5m | $637.3m | $152.2m | $446.1m | $698.2m | $639.0m | $782.3m | $678.5m | $1.0b | |
| Income (Loss) from Equity Method Investments | $328.8m | $302.2m | ($200k) | ($338.0m) | ($43.4m) | $242.5m | $338.1m | $280.0m | $312.7m | $462.9m | |
| Consolidated revenue | $2.2b | $2.3b | $2.4b | $2.2b | $2.0b | $2.4b | $2.3b | $2.1b | $2.0b | $2.1b | |
| Intangible amortization and impairments | $110.2m | $86.4m | $114.8m | $144.5m | $140.5m | $35.7m | $51.6m | $48.3m | $29.0m | $160.3m | |
| Depreciation and other amortization | $19.5m | $20.3m | $22.0m | $21.3m | $19.1m | $16.6m | $15.8m | $13.0m | $13.4m | $10.4m | |
| Equity method income (net) | $328.8m | $302.2m | ($200k) | ($338.0m) | ($43.4m) | $242.5m | $338.1m | $280.0m | $312.7m | $462.9m | |
| Affiliate transaction gains | — | — | — | — | — | $0 | $641.9m | $133.1m | $0 | $371.3m | |
| Investment and other income | ($33.8m) | ($60.0m) | $27.4m | $25.2m | $34.1m | $117.6m | $110.3m | $117.1m | $77.4m | $83.1m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $974.6m | $1.1b | $713.6m | $308.0m | $508.4m | $1.1b | $1.7b | $1.1b | $923.2m | $1.2b | |
| Income before income taxes | $974.6m | $1.1b | $713.6m | $308.0m | $508.4m | $1.1b | $1.7b | $1.1b | $923.2m | $1.2b | |
| Net Income (Loss) Attributable to Parent | $472.8m | $689.5m | $243.6m | $15.7m | $202.2m | $565.7m | $1.1b | $672.9m | $511.6m | $716.6m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $472.8m | $689.5m | $243.6m | $15.7m | $202.2m | $565.7m | $1.1b | $672.9m | $511.6m | $716.6m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | $324.4m | $242.2m | $233.2m | $229.0m | $187.4m | |
| Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, Redeemable | $266.2m | $319.2m | $288.7m | $289.4m | $224.8m | — | — | — | — | — | |
| Earnings Per Share, Basic | $8.73 | $12.30 | $4.55 | $0.31 | $4.34 | $13.65 | $29.77 | $19.18 | $16.45 | $25.18 | |
| Earnings Per Share, Diluted | $8.57 | $12.03 | $4.52 | $0.31 | $4.33 | $13.05 | $25.35 | $17.42 | $15.13 | $22.74 | |
| Weighted Average Number of Shares Outstanding, Basic | 54.2m | 56.0m | 53.6m | 50.5m | 46.5m | 41.5m | 38.5m | 35.1m | 31.1m | 28.5m | |
| Average shares outstanding (basic) (in shares) | 54.2m | 56.0m | 53.8m | 50.6m | 46.7m | 44.8m | 49.0m | 42.2m | 36.1m | 33.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 57.0m | 58.6m | 53.8m | 50.6m | 46.7m | 44.8m | 49.0m | 42.2m | 36.1m | 33.0m | |
| Selling, General and Administrative Expense | $398.1m | $373.1m | $417.7m | $376.8m | $321.4m | $347.1m | $385.5m | $358.2m | $376.5m | $408.6m | |
| Labor and Related Expense | $932.4m | $979.0m | $987.2m | $943.0m | $883.7m | $1.0b | $1.1b | $907.5m | $915.3m | $1.0b | |
| Nonoperating Income (Expense) | ($59.5m) | ($40.8m) | — | — | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | $45.3m | — | — | — | — | — | — | |
| Other Cost and Expense, Operating | $29.1m | $40.5m | $69.7m | $57.0m | $52.8m | $73.5m | $34.7m | $45.8m | — | — | |
| Compensation and related expenses | $932.4m | $979.0m | $987.2m | $943.0m | $883.7m | $1.0b | $1.1b | $907.5m | $915.3m | $1.0b | |
| Other expenses (net) | $43.3m | $58.0m | $69.7m | $57.0m | $52.8m | $73.5m | $34.7m | $45.8m | $40.3m | $69.8m | |
| Interest Expense | $89.4m | $85.3m | $80.6m | $76.2m | $92.3m | $111.4m | $114.4m | $123.8m | $133.3m | $136.5m | |
| Interest Expense Operating | — | — | — | — | — | — | — | — | $133.3m | $136.5m | |
| Current Income Tax Expense (Benefit) | $176.3m | $182.0m | $129.4m | $58.7m | $54.6m | $159.8m | $326.3m | $153.9m | $122.0m | $198.5m | |
| Income tax expense | $235.6m | $58.4m | $181.3m | $2.9m | $81.4m | $251.0m | $358.3m | $185.3m | $182.6m | $282.3m | |
| Other Operating Income (Expense), Net | — | — | — | — | — | — | — | — | ($40.3m) | ($69.8m) | |
| Total consolidated expenses | $1.5b | $1.5b | $1.7b | $1.6b | $1.5b | $1.6b | $1.7b | $1.5b | $1.5b | $1.8b | |
| Income Tax Expense (Benefit) | $235.6m | $58.4m | $181.3m | $2.9m | $81.4m | $251.0m | $358.3m | $185.3m | $182.6m | $282.3m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.