Affiliated Managers (AMG) Operating Expenses (2009 - 2026)
Affiliated Managers (AMG) posted quarterly Operating Expenses of $505.9 million for Q1 2026, up 10.72% year-over-year from $456.9 million in Q1 2025, and down 3.93% quarter-over-quarter from $526.6 million in Q4 2025.
Affiliated Managers (AMG) Operating Expenses (2009 - 2026) Analysis & Trends
Affiliated Managers' Operating Expenses history runs 18 years deep, the most recent figure standing at $505.9 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 10.72% year-over-year to $505.9 million; the TTM figure through Mar 2026 stood at $1.9 billion (up 17.12% YoY), while the FY2025 annual figure was $1.8 billion, up 19.74% from the prior year.
- Operating Expenses for Q1 2026 stood at $505.9 million, down from $526.6 million in the prior quarter.
- The five-year high for Operating Expenses was $526.6 million in Q4 2025, with the low at $357.4 million in Q3 2023.
- The 5-year median for Operating Expenses is $395.1 million (2022), against an average of $411.1 million.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses slipped 15.98% in 2023, then surged 34.2% in 2025.
- Affiliated Managers' Operating Expenses stood at $452.5 million in 2022, then dropped by 15.12% to $384.1 million in 2023, then gained by 2.16% to $392.4 million in 2024, then soared by 34.2% to $526.6 million in 2025, then fell by 3.93% to $505.9 million in 2026.
- Business Quant data shows AMG's Operating Expenses at $505.9 million in Q1 2026, $526.6 million in Q4 2025, and $409.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 4.62 Bn |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | 2.38 Bn |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 5.41 Bn |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | 14.94 Bn |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | 659.00 Mn |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 8.74 Bn |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | 2.66 Bn |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 3.50 Bn |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | 1.64 Bn |
| 10 | Affiliated Managers | 9.32 Bn | 8.91 Bn | - | 486.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 486.70 Mn |
| Mar 31, 2026 | 505.90 Mn |
| Dec 31, 2025 | 526.60 Mn |
| Sep 30, 2025 | 409.20 Mn |
| Jun 30, 2025 | 412.70 Mn |
| Mar 31, 2025 | 456.90 Mn |
| Dec 31, 2024 | 392.40 Mn |
| Sep 30, 2024 | 374.70 Mn |
| Jun 30, 2024 | 359.40 Mn |
| Mar 31, 2024 | 381.30 Mn |
| Dec 31, 2023 | 384.10 Mn |
| Sep 30, 2023 | 357.40 Mn |
| Jun 30, 2023 | 374.60 Mn |
| Mar 31, 2023 | 380.50 Mn |
| Dec 31, 2022 | 452.50 Mn |
| Sep 30, 2022 | 425.40 Mn |
| Jun 30, 2022 | 400.60 Mn |
| Mar 31, 2022 | 395.10 Mn |
| Dec 31, 2021 | 467.70 Mn |
| Sep 30, 2021 | 395.30 Mn |