Affiliated Managers profit margin AMG
Gross, operating and net profit as a share of revenue over the last twelve months, from 2017.
- Net margin, 12 months
- 37.7%
- Operating margin, 12 months
- 24.4%
- Net margin on a year earlier
- +15.9 pts
- Peer median
- 15.9%
Over the twelve months to Jun 30, 2026, Affiliated Managers kept 37.7% of its revenue as net profit, with an operating margin of 24.4%.
Five years earlier its net margin was 20.3%.
The median for 10 asset managers of a similar size is 15.9%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 34.5% | 23.6% |
| FY2024 | 25.1% | 36.4% |
| FY2023 | 32.7% | 39.0% |
| FY2022 | 49.2% | 37.8% |
| FY2021 | 23.4% | 41.9% |
| FY2020 | 10.0% | 31.8% |
| FY2019 | 0.7% | 32.2% |
| FY2018 | 10.2% | 33.4% |
| FY2017 | 29.9% | 45.7% |
| FY2016 | n/a | n/a |
| FY2015 | n/a | n/a |
| FY2014 | n/a | n/a |
| FY2013 | n/a | n/a |
| FY2012 | n/a | n/a |
| FY2011 | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 37.7% | +15.9 pts | 24.4% | |
| Q1 FY26 | 35.6% | +14.2 pts | 22.9% | |
| Q4 FY25 | 34.5% | +9.5 pts | 23.6% | |
| Q3 FY25 | 26.0% | −1.0 pts | 28.9% | |
| Q2 FY25 | 21.8% | −9.7 pts | 30.0% | |
| Q1 FY25 | 21.3% | −12.4 pts | 32.5% | |
| Q4 FY24 | 25.1% | −7.6 pts | 36.4% | |
| Q3 FY24 | 27.0% | −32.9 pts | 36.6% | |
| Q2 FY24 | 31.5% | −22.0 pts | 37.6% | |
| Q1 FY24 | 33.7% | −16.9 pts | 37.4% | |
| Q4 FY23 | 32.7% | −16.5 pts | 39.0% | |
| Q3 FY23 | 59.9% | +37.9 pts | 40.8% |
Against its peers
Companies in Asset Management nearest Affiliated Managers' size, closest first, today.
| Company | Profit margin |
|---|---|
| AMGAffiliated Managers | 37.7% |
| EVREvercore | 15.7% |
| HLIHoulihan Lokey | 16.1% |
| IDCCInterDigital | 38.3% |
| MORNMorningstar | 16.4% |
| CGCarlyle | 10.1% |
| OWLBlue OWL Capital | 2.7% |
| VCTRVictory Capital | 29.6% |
| BENFranklin Resources | 8.7% |
| DLBDolby Laboratories | 16.7% |
| TPGTPG | 4.7% |
| Peer median | 15.9% |
Where Affiliated Managers ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Affiliated Managers
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.