What does institutional — goodwill mean?

The intangible asset value recorded when acquiring businesses within the institutional segment.

How do you interpret institutional — goodwill?

High levels indicate significant historical acquisition activity; sudden decreases suggest impairment charges.

How does institutional — goodwill compare across companies?

Standard balance sheet item for 'Goodwill' allocated to specific reporting units.

Affiliated Managers Group AMG Institutional — Goodwill

Discontinued — last reported Q4 '16

Similar metrics at other companies

SNEXInstitutional — Additional goodwill from acquisition

$24.85M—

SNEXInstitutional — Total Goodwill

$162.6M+1,278%

UMBFInstitutional Investment Management — Goodwill

$47.53M0.0%

SFInstitutional Group — Intangible Assets Net Including Goodwill

$61.9M—

SEICInstitutional Investors — Goodwill

$62.45M+0.5%

SFInstitutional Group — Goodwill

$1.11B+4.9%

Other financials

Income statement

See full

Revenue$544.9M+9.7%

Net income$110.4M+52.5%

EPS (diluted)$3.84+74.5%

Balance sheet

See full

Cash & equivalents$376.1M-53.9%

Total debt$2.9B+11.4%

Total equity$3.1B-3.1%

Total assets$9.4B+7.8%

Cash flow

See full

Operating cash flow$299.3M+43.3%

CapEx$3.8M+138%

Free cash flow$295.5M+42.5%

Valuation

See full

Market cap$9.32B+50.2%

Enterprise value$11.86B+47.7%

P/E12.4×-1.9×

P/S4.4×+1.3×

Profitability

See full

Operating margin48.1%—

Net margin35.6%+14.2pp

FCF margin49.7%+4.2pp

Returns & leverage

See full

Return on equity24%+11.2pp

Debt / equity0.9×+0.1×

Where this comes from

Reported directly by Affiliated Managers Group in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Affiliated Managers Group’s 10-K, filed February 24, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does institutional — goodwill mean?: The intangible asset value recorded when acquiring businesses within the institutional segment.
How do you interpret institutional — goodwill?: High levels indicate significant historical acquisition activity; sudden decreases suggest impairment charges.
How does institutional — goodwill compare across companies?: Standard balance sheet item for 'Goodwill' allocated to specific reporting units.