Affiliated Managers Group (AMG)

From the record

Affiliated Managers Group's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Affiliated Managers Group's 10 filed years say what it did: revenue went from $2.2 billion in fiscal 2016 to $2.1 billion in fiscal 2025, down 0.6% a year; it rose in 4 of 9 years; the deepest fall was 15% from fiscal 2021 to fiscal 2024; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Affiliated Managers Group's diluted share count shrank about 12.3% a year, and dividends and buybacks returned about 63% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 5 sales and 2 purchases of their own stock on the open market in the year to 2026-09-30, buying about $687 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Affiliated Managers Group earned about 17 cents of profit for every dollar of shareholders' money. Leverage: it owed about 55 cents per dollar of assets, and net share issuance: its share count shrank 8.6% over the year (the filed statements).

From the record

Affiliated Managers Group's standing among 43 graded names in its industry family: revenue of $2.1 billion in fiscal 2025 ranks in the top 40% by size; a net margin of 34.5% ranks in the top 13%; revenue growth of -3.8% a year over the last 3 filed years ranks in the bottom 15% (its annual reports).

From the record

Affiliated Managers Group's leadership, from its insiders' filings and its current reports: the chief executive on the record is Horgen, Jay C. (President and CEO, as filed), filing under that title since 2020-01-03, 6.9 years (top 41% of its family); the 14 officers and directors filing in the last fifteen months have been on the record a median of 4.2 years (bottom 11%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 14 people in charge now (bottom 30%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Affiliated Managers Group's room to grow, from the newest filed statements (fiscal 2025): cash of $586 million against debt of $2.7 billion leaves -22.9% of its assets as net cash, bottom 12% of its family; cash from operations less capital spending is 46.6% of revenue (top 13%) (its annual report).

From the record

Affiliated Managers Group's growth drivers, from the filed years to fiscal 2025: revenue grew -3.8% a year over the last three filed years against -0.6% over all 10, slowing (bottom 40% of its family); the newest year grew 1.6% (bottom 28%); capital spending grew -18.8% a year (bottom 22%) (its annual reports). Affiliated Managers Group tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Affiliated Managers Group's newest year against its own record: revenue of $2.1 billion in fiscal 2025 came in 8.6% above the $1.9 billion its prior three years' pace pointed to (top 24% of its family); net income of $717 million against a prior three-year average of $777 million (bottom 16%); a net margin of 34.5% against 35.7% before (bottom 28%) (its annual reports).