Affiliated Managers price to free cash flow AMG
Market value divided by free cash flow over the last twelve months, since 2011.
- Today, Oct 23, 2026
- 9.3×
- 10-year median
- 5.6×
- Against its 10-year history
- 94th
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 2.5× to 10.7×
- Peer median
- 15.1×
Affiliated Managers' price to free cash flow is 9.3× as of Oct 23, 2026.
That is above its ten-year median of 5.6×, higher than on 94% of days in the last ten years.
Over that time it ranged from 2.5× in Mar 2020 to 10.7× in Jan 2018.
The median for 10 asset managers of a similar size is 15.1×.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 9.3× | 7.3× | 10.0× |
| 2025 | 9.0× | 4.7× | 9.0× |
| 2024 | 5.9× | 4.9× | 6.7× |
| 2023 | 5.9× | 4.4× | 5.9× |
| 2022 | 5.2× | 3.6× | 5.3× |
| 2021 | 5.3× | 5.1× | 7.4× |
| 2020 | 5.0× | 2.5× | 5.0× |
| 2019 | 4.8× | 4.3× | 5.4× |
| 2018 | 4.1× | 4.0× | 10.7× |
| 2017 | 10.1× | 7.8× | 10.1× |
| 2016 | 7.9× | 5.7× | 8.8× |
| 2015 | 7.3× | 7.0× | 10.4× |
| 2014 | 9.8× | 8.9× | 12.5× |
| 2013 | 12.5× | 11.0× | 13.2× |
| 2012 | 11.3× | 7.5× | 11.7× |
| 2011 | 7.4× | 6.3× | 10.3× |
Against its peers
Companies in Asset Management nearest Affiliated Managers' size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| AMGAffiliated Managers | 9.3× |
| EVREvercore | 6.0× |
| HLIHoulihan Lokey | 18.9× |
| IDCCInterDigital | 15.2× |
| MORNMorningstar | 17.0× |
| CGCarlyle | n/m |
| OWLBlue OWL Capital | 11.0× |
| VCTRVictory Capital | 11.7× |
| BENFranklin Resources | n/m |
| DLBDolby Laboratories | 15.0× |
| TPGTPG | 18.7× |
| Peer median | 15.1× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Affiliated Managers
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.