📊 MGRE Key Takeaways
Is Affiliated Managers Group, Inc.. (MGRE) a Good Investment?
Affiliated Managers Group demonstrates exceptional financial health with industry-leading profitability metrics, including a 34.5% net margin and 57.2% operating margin that reflect strong pricing power and operational efficiency in the asset management business. The company generates substantial free cash flow ($967.1M annually, 46.6% FCF margin) with minimal capital requirements, enabling efficient capital deployment and shareholder returns. Strong balance sheet fundamentals (1.97x current ratio, 39.7x interest coverage, 0.83x debt/equity) combined with solid ROE of 22.1% indicate a financially robust business positioned well for future growth.
Affiliated Managers Group shows strong fundamental quality, with very high operating and net margins, solid returns on capital, and exceptional free cash flow conversion. Financial health appears sound given strong liquidity and very high interest coverage, while leverage remains manageable. The main constraint is growth quality: revenue growth is modest and net income was flat, so the story is more about durable profitability and cash generation than accelerating expansion.
Why Buy Affiliated Managers Group, Inc.. Stock? MGRE Key Strengths
- Exceptional profitability: 34.5% net margin and 57.2% operating margin indicate strong pricing power and cost control in asset management services
- Outstanding cash generation: $967.1M free cash flow with 46.6% FCF margin demonstrates highly efficient capital conversion and minimal reinvestment needs
- Strong financial position: 1.97x current ratio, 39.7x interest coverage ratio, and manageable 0.83x debt/equity ratio provide substantial financial flexibility
- Solid returns on capital: 22.1% ROE indicates efficient use of shareholder capital to generate profits
- Minimal capital intensity: $6.1M capex against $2.1B revenue shows asset-light business model typical of quality asset managers
- Very strong profitability, including 57.2% operating margin and 34.5% net margin
- Excellent cash generation with $967.1M in free cash flow and a 46.6% FCF margin
- Healthy balance sheet support from 1.97x current ratio and 39.7x interest coverage
MGRE Stock Risks: Affiliated Managers Group, Inc.. Investment Risks
- Revenue growth deceleration: Only 1.6% YoY revenue growth despite strong profitability suggests limited top-line expansion and potential market maturity
- Net income stagnation: 0.0% YoY net income growth indicates profitability is not expanding despite operational efficiency, concerning for long-term shareholder value
- Asset management industry headwinds: Sector faces structural pressures from fee compression, passive investment growth, and regulatory uncertainty
- Significant leverage: $2.7B long-term debt represents material financial obligation that constrains financial flexibility despite adequate coverage ratios
- Elevated insider trading activity: 11 Form 4 filings in 90 days warrants monitoring for signal of potential insider concerns
- Revenue growth of 1.6% suggests limited top-line momentum
- Net income was flat year over year, which may indicate earnings growth pressure
- Long-term debt of $2.69B is manageable now but still meaningful for a firm with cyclical market exposure
Key Metrics to Watch
- Quarterly revenue growth rate and assets under management (AUM) trends to assess business momentum and fee realization
- Operating margin sustainability as market conditions fluctuate and cost pressures evolve in competitive asset management landscape
- Free cash flow generation and capital allocation decisions (dividends, share buybacks, debt reduction) to evaluate shareholder returns
- Debt levels and refinancing activities given $2.7B long-term debt exposure in potential rising rate environment
- Organic revenue and net income growth
- Free cash flow conversion and debt reduction
Affiliated Managers Group, Inc.. (MGRE) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 46.6% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments.
MGRE Profit Margin, ROE & Profitability Analysis
MGRE vs Market Sector: How Affiliated Managers Group, Inc.. Compares
How Affiliated Managers Group, Inc.. compares to Market sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Affiliated Managers Group, Inc.. Stock Overvalued? MGRE Valuation Analysis 2026
Based on fundamental analysis, Affiliated Managers Group, Inc.. appears fundamentally strong relative to the Market sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Affiliated Managers Group, Inc.. Balance Sheet: MGRE Debt, Cash & Liquidity
MGRE Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Affiliated Managers Group, Inc..'s revenue has declined by 14% over the 5-year period, indicating business contraction. The most recent EPS of $17.42 reflects profitable operations.
MGRE Revenue Growth, EPS Growth & YoY Performance
MGRE Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $516.4M | $123.6M | $3.78 |
| Q2 2025 | $493.2M | $76.0M | $2.26 |
| Q1 2025 | $496.6M | $72.4M | $2.20 |
| Q3 2024 | $516.4M | $123.6M | $3.78 |
| Q2 2024 | $500.3M | $76.0M | $2.26 |
| Q1 2024 | $499.9M | $134.5M | $3.47 |
| Q3 2023 | $525.2M | $112.6M | $2.80 |
| Q2 2023 | $512.5M | $109.4M | $2.68 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Affiliated Managers Group, Inc.. Dividends, Buybacks & Capital Allocation
MGRE SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Affiliated Managers Group, Inc.. (CIK: 0001004434)
📋 Recent SEC Filings
❓ Frequently Asked Questions about MGRE
What is the AI rating for MGRE?
Affiliated Managers Group, Inc.. (MGRE) has a Combined AI Rating of BUY from Claude (STRONG BUY) and ChatGPT (BUY) with 83% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are MGRE's key strengths?
Claude: Exceptional profitability: 34.5% net margin and 57.2% operating margin indicate strong pricing power and cost control in asset management services. Outstanding cash generation: $967.1M free cash flow with 46.6% FCF margin demonstrates highly efficient capital conversion and minimal reinvestment needs. ChatGPT: Very strong profitability, including 57.2% operating margin and 34.5% net margin. Excellent cash generation with $967.1M in free cash flow and a 46.6% FCF margin.
What are the risks of investing in MGRE?
Claude: Revenue growth deceleration: Only 1.6% YoY revenue growth despite strong profitability suggests limited top-line expansion and potential market maturity. Net income stagnation: 0.0% YoY net income growth indicates profitability is not expanding despite operational efficiency, concerning for long-term shareholder value. ChatGPT: Revenue growth of 1.6% suggests limited top-line momentum. Net income was flat year over year, which may indicate earnings growth pressure.
What is MGRE's revenue and growth?
Affiliated Managers Group, Inc.. reported revenue of $2.1B.
Does MGRE pay dividends?
Affiliated Managers Group, Inc.. pays dividends, with $1.0M distributed to shareholders in the trailing twelve months.
Where can I find MGRE SEC filings?
Official SEC filings for Affiliated Managers Group, Inc.. (CIK: 0001004434) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is MGRE's EPS?
Affiliated Managers Group, Inc.. has a diluted EPS of $22.74.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is MGRE a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Affiliated Managers Group, Inc.. has a BUY rating with 83% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is MGRE stock overvalued or undervalued?
Valuation metrics for MGRE: ROE of 22.1% (sector avg: 15%), net margin of 34.5% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.
Should I buy MGRE stock in 2026?
Our dual AI analysis gives Affiliated Managers Group, Inc.. a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is MGRE's free cash flow?
Affiliated Managers Group, Inc..'s operating cash flow is $973.2M, with capital expenditures of $6.1M. FCF margin is 46.6%.
How does MGRE compare to other Market stocks?
Vs Default sector averages: Net margin 34.5% (avg: 12%), ROE 22.1% (avg: 15%), current ratio 1.97 (avg: 1.8).