AFFILIATED MANAGERS GROUP, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.07B | $2.04B | $2.06B | $2.33B | $2.41B | $2.03B | $2.24B | $2.38B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $408.6M | $376.5M | $358.2M | $385.5M | $347.1M | $321.4M | $376.8M | $417.7M |
| Operating Income | $1.19B | $923.2M | $1.22B | $1.86B | $1.25B | $600.7M | $384.2M | $794.2M |
| Operating Margin | 57.2% | 45.2% | 59.1% | 79.9% | 51.9% | 29.6% | 17.2% | 33.4% |
| Interest Expense | — | — | $123.8M | $114.4M | $111.4M | $92.3M | $76.2M | $80.6M |
| Pretax Income | $1.19B | $923.2M | $1.09B | $1.75B | $1.14B | $508.4M | $308.0M | $713.6M |
| Income Tax Expense | $282.3M | $182.6M | $185.3M | $358.3M | $251.0M | $81.4M | $2.9M | $181.3M |
| Net Income | $716.6M | $511.6M | $672.9M | $1.15B | $565.7M | $202.2M | $15.7M | $243.6M |
| Net Margin | 34.5% | 25.1% | 32.7% | 49.2% | 23.4% | 10.0% | 0.7% | 10.2% |
| EPS (Basic) | $25.18 | $16.45 | $19.18 | $29.77 | $13.65 | $4.34 | $0.31 | $4.55 |
| EPS (Diluted) | $22.74 | $15.13 | $17.42 | $25.35 | $13.05 | $4.33 | $0.31 | $4.52 |
| Shares Outstanding (Basic) | 28.5M | 31.1M | 35.1M | 38.5M | 41.5M | 46.5M | 50.5M | 53.6M |
| Shares Outstanding (Diluted) | 33.0M | 36.1M | 42.2M | 49.0M | 44.8M | 46.7M | 50.6M | 53.8M |
| Dividends Per Share | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.35 | $1.28 | $1.20 |