US stock · Financial Services sector · Asset Management
A
Affiliated Managers Group, Inc.
AMG
NYSE148.03
USD
-0.20
(-0.13%)
Market Closed
4.07P/E
7Forward P/E
0.17P/E to S&P500
5.344BMarket CAP
0.03%Div Yield
Upcoming Earnings
31 Jul-4 Aug
Shares Short
5/15/23
673.91k
Short % of Float
2.13%
Short % of Shares Outs.
1.87%
% Held by Insiders
1.49%
% Held by Institutions
99.96%
Beta
1.34
PEG Ratio
0.68
52w. high/low
180.63/108.12
Avg. Daily Volume
0.26M
Return %
Stock
S&P 500
1 year
15.16
9.18
3 years
89.51
34.24
5 years
(9.92)
55.11
Scale: |
High
Low
118.36
17.93
73.50
27.99
102.06
58.08
113.00
70.27
132.33
94.32
217.48
132.98
219.39
174.43
230.63
141.68
179.85
115.97
207.67
139.52
217.00
88.47
115.75
71.08
103.34
44.37
191.62
98.88
171.38
108.12
180.63
132.40
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
TTM
Revenue per share
46.49
30.31
20.34
28.64
32.91
34.92
41.22
45.65
45.76
40.49
41.16
44.37
44.35
40.15
58.13
56.13
59.61
Earnings per share
6.18
0.61
1.44
2.92
3.18
3.37
6.79
8.22
9.50
8.72
12.31
4.54
0.31
4.00
13.63
27.61
34.80
FCF per share
10.52
6.44
5.81
9.95
13.37
11.86
17.57
24.96
21.48
18.59
20.57
20.93
18.21
19.82
30.14
(0.27)
30.28
Dividends per share
- -
- -
2.89
2.13
3.34
- -
- -
- -
- -
- -
0.80
1.20
1.29
0.33
0.04
0.04
0.04
CAPEX per share
0.57
0.25
0.06
0.18
0.31
0.39
0.45
0.35
0.70
0.37
0.33
0.35
0.19
0.17
0.20
0.27
0.26
Book Value per sh.
15.92
28.59
26.81
37.95
36.02
40.31
40.19
47.76
52.25
66.78
68.25
64.50
58.17
55.04
67.14
77.84
79.90
Comm.Shares outs.
29
38
41
47
52
52
53
55
54
54
56
54
51
51
42
42
38
Avg. annual P/E ratio
19.2
133.8
39.3
25.9
30.6
33.6
25.0
24.0
21.0
16.9
14.0
34.2
297.8
18.5
11.4
4.8
4.1
P/E to S&P500
1.1
6.2
0.6
1.3
1.9
2.3
1.5
1.3
1.0
0.8
0.6
1.4
12.3
0.5
0.4
0.2
0.2
Avg. annual div. yield
- -
- -
5.1%
2.8%
3.4%
- -
- -
- -
- -
- -
0.5%
0.8%
1.4%
0.4%
0.0%
0.0%
0.0%
Revenue (m)
1,370
1,158
842
1,358
1,705
1,806
2,189
2,511
2,485
2,195
2,305
2,378
2,240
2,028
2,412
2,330
2,240
Operating margin
24.5%
31.8%
27.9%
27.5%
28.5%
22.2%
29.0%
32.5%
33.6%
32.1%
48.1%
32.2%
31.1%
30.1%
40.0%
34.6%
76.6%
Depreciation (m)
45
51
46
74
113
214
142
139
134
130
107
137
166
160
52
67
68
Net profit (m)
182
23
59
139
165
174
361
452
516
473
690
244
16
202
566
1,146
1,305
Income tax rate
37.0%
47.5%
11.6%
24.2%
20.6%
16.9%
22.5%
22.5%
23.6%
24.2%
5.5%
25.4%
0.9%
16.0%
22.0%
20.5%
19.3%
Net profit margin
13.3%
2.0%
7.1%
10.2%
9.7%
9.6%
16.5%
18.0%
20.8%
21.5%
29.9%
10.2%
0.7%
10.0%
23.4%
49.2%
59.4%
Working capital (m)
333
429
358
362
459
537
531
341
426
207
144
339
(68)
824
617
684
1,054
Long-term debt (m)
1,198
741
457
882
686
1,115
1,384
1,895
1,895
2,110
1,855
1,830
1,344
2,312
2,490
2,535
2,536
Equity (m)
469
1,093
1,110
1,800
1,866
2,084
2,134
2,627
2,837
3,620
3,822
3,457
2,938
2,780
2,786
3,230
3,272
ROIC
6.6%
0.8%
5.2%
6.3%
7.7%
5.4%
10.9%
10.4%
10.3%
8.4%
11.2%
5.5%
1.6%
4.8%
11.2%
19.2%
16.5%
Return on capital
9.4%
1.5%
5.5%
7.5%
8.7%
6.0%
12.7%
11.8%
12.0%
10.1%
10.7%
6.7%
1.3%
5.1%
12.8%
21.7%
19.0%
Return on equity
38.8%
2.1%
5.4%
7.7%
8.8%
8.3%
16.9%
17.2%
18.2%
13.1%
18.0%
7.0%
0.5%
7.3%
20.3%
35.5%
39.9%
Plowback ratio
100.0%
100.0%
(101.0)%
27.1%
(4.9)%
100.0%
100.0%
100.0%
100.0%
100.0%
93.5%
73.6%
(315.9)%
91.7%
99.8%
99.9%
99.9%
Div.&Repurch./FCF
(37.9)%
(70.4)%
34.3%
40.4%
31.8%
(2.0)%
(3.5)%
10.9%
30.5%
(42.9)%
34.4%
50.0%
45.8%
35.2%
50.4%
(6,275.4)%
51.1%
Capital Structure
8 May · 2023 | Q1
All numbers in millions
Total liabilities
$ 4,143
Total assets
$ 8,896
Long-term debt
$ 2,536
Cash and equiv.
$ 833
Goodwill
$ 2,649
Retained earnings
$ 5,852
Common stock
36
Enterprise Value
$ 7,047
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
1,115
987
1,146
Receivables
422
419
316
Inventory
- -
- -
- -
Other
- -
(131)
(611)
Current assets
1,536
1,406
1,462
Acc. Payable
- -
- -
778
Debt due
2,312
- -
- -
Other
(1,600)
789
- -
Current liabilities
712
789
778
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
(3.43)%
0.06%
1.16%
Cash flow
(100.91)%
(21.28)%
(6.10)%
Earnings
102.56%
344.17%
154.33%
Dividends
(5.88)%
(42.16)%
- -
Book value
15.93%
(1.06)%
5.61%
Insider Trading
Type
Shares
Date
Jeffery Reuben Iii
Purchase
3,650
03/16/23
Horgen Jay C.
Award
60,814
03/05/23
Horgen Jay C.
Exempt
7,874
03/05/23
Horgen Jay C.
InKind
27,887
03/05/23
Horgen Jay C.
Award
47,990
03/05/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2021
559
586
575
692
2,412
2022
607
604
579
540
2,330
2023
517
- -
- -
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
3.61
2.63
3.09
6.83
16.16
2022
5.27
4.19
3.96
18.74
32.16
2023
5.25
- -
- -
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
0.01
0.01
0.01
0.01
0.04
2022
0.01
0.01
0.01
0.01
0.04
2023
0.01
- -
- -
- -
- -
Company Description
Sector:
Financial Services
Industry:
Asset Management
CEO:
Mr. Jay C. Horgen
Full-time employees:
3,950
City:
West Palm Beach
Address:
777 South Flagler Drive
Affiliated Managers Group, Inc., through its affiliates, operates as an asset management company providing investment management services to mutual funds, institutional clients, and high net worth individuals in the United States. It provides advisory or subadvisory services to mutual funds. These funds are distributed to retail and institutional clients directly and through intermediaries, including independent investment advisors, retirement plan sponsors, broker-dealers, major fund marketplaces, and bank trust departments. The company also offers investment products in various investment styles in the institutional distribution channel, including small, small/mid, mid, and large capitalization value and growth equity, and emerging markets. In addition, it offers quantitative, alternative, and fixed income products, and manages assets for foundations and endowments, defined benefit, and defined contribution plans for corporations and municipalities. Affiliated Managers Group provides investment management or customized investment counseling and fiduciary services. Affiliated Managers Group, Inc. was formed in 1993 and is based in West Palm Beach, Florida with additional offices in Prides Crossing, Massachusetts; Stamford, Connecticut; London, United Kingdom; Dubai, United Arab Emirates; Sydney, Australia; Hong Kong; Tokyo, Japan, Zurich, Switzerland and Delaware.
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