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Affiliated Managers Group AMG Total Operating Expenses

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Other financials

Income statement

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Revenue$544.9M+9.7%
Net income$110.4M+52.5%
EPS (diluted)$3.84+74.5%

Balance sheet

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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

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Operating cash flow$299.3M+43.3%
CapEx$3.8M+138%
Free cash flow$295.5M+42.5%

Valuation

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Market cap$9.92B+63.2%
Enterprise value$12.46B+49.4%
P/E13.2×-0.6×
P/S4.7×+1.7×

Profitability

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Operating margin48.1%
Net margin35.6%+14.2pp
FCF margin49.7%+4.2pp

Returns & leverage

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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:OperatingExpenses.

The source filing: Affiliated Managers Group’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:19 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-032153
Line itemFor the Three Months Ended March 31, 2025For the Three Months Ended March 31, 2026
Interest expense34.138.4
Depreciation and other amortization2.82.5
Other expenses (net)11.721.3
Total consolidated expenses456.9505.9
Equity method income (net)75.3147.4
Investment and other income11.66.5
Income before income taxes126.6192.9
Income tax expense27.446.5

Item 1. Financial Statements (unaudited)

FAQ

What is Affiliated Managers Group's total operating expenses?
Affiliated Managers Group (AMG) reported total operating expenses of $505.9M in Q1 2026.
How has Affiliated Managers Group's total operating expenses changed year-over-year?
Affiliated Managers Group's total operating expenses increased by 10.7% year-over-year, from $456.9M to $505.9M.
What is the long-term trend for Affiliated Managers Group's total operating expenses?
Over 4 years (2021 to 2025), Affiliated Managers Group's total operating expenses has grown at a 2.6% compound annual growth rate (CAGR), from $1.63B to $1.81B.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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