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Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Net margin35.6%+1.0pp34.5%+8.5pp26%+4.2pp21.8%+0.5pp21.3%-3.8pp
Free cash flow margin49.7%+3.1pp46.6%+1.4pp45.2%+0.3pp44.9%-0.6pp45.5%0.0pp
Returns
Return on equity24%+2.3pp21.8%+5.8pp16%+2.5pp13.5%+0.7pp12.8%-1.9pp
Return on assets8.3%+0.4pp7.9%+2.0pp6%+0.9pp5%+0.1pp4.9%-0.8pp
Return on invested capital19.9%+0.5pp19.5%+2.6pp16.9%+2.5pp14.4%-0.2pp14.6%-1.8pp
Efficiency
Asset turnover0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×0.2×0.0×
Leverage
Debt-to-equity0.9×+0.1×0.8×+0.1×0.7×-0.1×0.8×0.0×0.8×0.0×
Debt-to-assets0.3×0.0×0.3×0.0×0.3×0.0×0.3×0.0×0.3×0.0×
Interest coverage9.9×+0.2×9.7×+1.9×7.8×+1.1×6.7×-0.1×6.8×-1.1×
Per Share
Book value per share$112.36+14.5%$98.13-3.4%$101.62-1.5%$103.14+5.5%$97.80+5.5%
Valuation
Market capitalization$7.38B-8.9%$8.11B+19.7%$6.77B+27.7%$5.31B+7.9%$4.92B-12.0%
Enterprise value$9.93B-2.8%$10.21B+17.8%$8.67B+14.6%$7.57B+12.6%$6.72B-7.4%
Price / earnings9.8×-1.5×11.3×-1.4×12.8×+0.8×12×+0.7×11.3×+0.4×
Price / sales3.5×-0.4×3.9×+0.6×3.3×+0.7×2.6×+0.2×2.4×-0.3×
Price / book2.4×-0.1×2.5×+0.5×+0.4×1.6×+0.1×1.5×-0.1×
EV / sales4.7×-0.2×4.9×+0.7×4.2×+0.5×3.7×+0.4×3.3×-0.3×
Free cash flow yield14.3%+2.4pp11.9%-1.7pp13.6%-3.6pp17.2%-1.7pp18.9%+2.3pp
Earnings yield10.2%+1.4pp8.8%+1.0pp7.8%-0.5pp8.3%-0.5pp8.8%-0.3pp
PEG ratio0.1×-0.1×0.3×

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Questions, answered.

Where do Affiliated Managers Group's ratios come from?
Every ratio is computed from Affiliated Managers Group's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.