Affiliated Managers (AMG) Tax Rate (2009 - 2026)
Affiliated Managers' quarterly Tax Rate came in at 24.11% in Q1 2026, up 246.0% year-on-year from 6.97% in Q1 2025, and down 14.18% quarter-over-quarter from 28.09% in Q4 2025.
Affiliated Managers has reported Tax Rate for 18 years, with the latest figure at 24.11% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 246.0% year-over-year to 24.11%; the trailing twelve-month figure through Mar 2026 stood at 24.06% (up 463.0% YoY), and the FY2025 full-year result was 23.8%, up 402.0% from the prior year.
- Tax Rate for Q1 2026 stood at 24.11%, down from 28.09% in the prior quarter.
- The five-year high for Tax Rate was 28.09% in Q4 2025, with the low at 10.91% in Q4 2023.
- Average Tax Rate over 5 years is 19.92%, with a median of 20.3% recorded in 2022.
- Year-over-year, Tax Rate sank 1060 bps in 2023 and surged 939 bps in 2024.
- Tracing AMG's Tax Rate over 5 years: stood at 21.51% in 2022, then sank by 49 bps to 10.91% in 2023, then soared by 76 bps to 19.22% in 2024, then jumped by 46 bps to 28.09% in 2025, then fell by 14 bps to 24.11% in 2026.
- The last three Tax Rate figures came in at 24.11% (Q1 2026), 28.09% (Q4 2025), and 19.75% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 18.16 |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 13.55 |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 40.05 |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 15.80 |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 598.59 |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 21.16 |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 20.02 |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 24.99 |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 19.13 |
| 10 | Affiliated Managers | 8.14 Bn | 8.02 Bn | - | 24.11 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.11 |
| Mar 31, 2026 | 24.11 |
| Dec 31, 2025 | 28.09 |
| Dec 31, 2025 | 28.09 |
| Sep 30, 2025 | 19.75 |
| Sep 30, 2025 | 19.75 |
| Jun 30, 2025 | 20.80 |
| Jun 30, 2025 | 20.80 |
| Mar 31, 2025 | 21.64 |
| Mar 31, 2025 | 21.64 |
| Dec 31, 2024 | 19.22 |
| Dec 31, 2024 | 19.22 |
| Sep 30, 2024 | 14.42 |
| Sep 30, 2024 | 14.42 |
| Jun 30, 2024 | 24.28 |
| Jun 30, 2024 | 24.28 |
| Mar 31, 2024 | 21.80 |
| Mar 31, 2024 | 21.80 |
| Dec 31, 2023 | 10.91 |
| Dec 31, 2023 | 10.91 |
| Sep 30, 2023 | 21.36 |
| Sep 30, 2023 | 21.36 |
| Jun 30, 2023 | 14.90 |
| Jun 30, 2023 | 14.90 |
| Mar 31, 2023 | 19.27 |
| Mar 31, 2023 | 19.27 |
| Dec 31, 2022 | 21.51 |
| Dec 31, 2022 | 21.51 |
| Sep 30, 2022 | 18.30 |
| Sep 30, 2022 | 18.30 |
| Jun 30, 2022 | 17.92 |
| Jun 30, 2022 | 17.92 |
| Mar 31, 2022 | 20.30 |
| Mar 31, 2022 | 20.30 |
| Dec 31, 2021 | 22.99 |
| Dec 31, 2021 | 22.99 |
| Sep 30, 2021 | 17.73 |
| Sep 30, 2021 | 17.73 |
| Jun 30, 2021 | 27.79 |
| Jun 30, 2021 | 27.79 |
| Mar 31, 2021 | 19.09 |
| Mar 31, 2021 | 19.09 |
| Dec 31, 2020 | 16.40 |
| Dec 31, 2020 | 16.40 |
| Sep 30, 2020 | 22.69 |
| Sep 30, 2020 | 22.69 |
| Jun 30, 2020 | 4.94 |
| Jun 30, 2020 | 4.94 |
| Mar 31, 2020 | 5.21 |
| Mar 31, 2020 | 5.21 |
| Dec 31, 2019 | -1.59 |
| Dec 31, 2019 | -1.59 |
| Sep 30, 2019 | 15.84 |
| Sep 30, 2019 | 15.84 |
| Jun 30, 2019 | 16.54 |
| Jun 30, 2019 | 16.54 |
| Mar 31, 2019 | 31.72 |
| Mar 31, 2019 | 31.72 |
| Sep 30, 2018 | 19.37 |
| Sep 30, 2018 | 19.37 |
| Jun 30, 2018 | 14.25 |
| Jun 30, 2018 | 14.25 |
| Mar 31, 2018 | 22.09 |
| Mar 31, 2018 | 22.09 |
| Dec 31, 2017 | -49.17 |
| Dec 31, 2017 | -49.17 |
| Sep 30, 2017 | 23.37 |
| Sep 30, 2017 | 23.37 |
| Jun 30, 2017 | 23.42 |
| Jun 30, 2017 | 23.42 |
| Mar 31, 2017 | 23.57 |
| Mar 31, 2017 | 23.57 |
| Dec 31, 2016 | 26.92 |
| Dec 31, 2016 | 26.92 |
| Sep 30, 2016 | 22.24 |
| Sep 30, 2016 | 22.24 |
| Jun 30, 2016 | 22.17 |
| Jun 30, 2016 | 22.17 |
| Mar 31, 2016 | 24.73 |
| Mar 31, 2016 | 24.73 |
| Dec 31, 2015 | 21.16 |
| Dec 31, 2015 | 21.16 |
| Sep 30, 2015 | 23.32 |
| Sep 30, 2015 | 23.32 |
| Jun 30, 2015 | 27.52 |
| Jun 30, 2015 | 27.52 |
| Mar 31, 2015 | 23.98 |
| Mar 31, 2015 | 23.98 |
| Dec 31, 2014 | 23.24 |
| Dec 31, 2014 | 23.24 |
| Sep 30, 2014 | 25.06 |
| Sep 30, 2014 | 25.06 |
| Jun 30, 2014 | 25.55 |
| Jun 30, 2014 | 25.55 |
| Mar 31, 2014 | 23.49 |
| Mar 31, 2014 | 23.49 |
| Dec 31, 2013 | 26.00 |
| Dec 31, 2013 | 26.00 |
| Sep 30, 2013 | 16.54 |
| Sep 30, 2013 | 16.54 |
| Jun 30, 2013 | 22.16 |
| Jun 30, 2013 | 22.16 |
| Mar 31, 2013 | 22.41 |
| Mar 31, 2013 | 22.41 |
| Dec 31, 2012 | 21.34 |
| Dec 31, 2012 | 21.34 |
| Sep 30, 2012 | 14.11 |
| Sep 30, 2012 | 14.11 |
| Jun 30, 2012 | 3.18 |
| Jun 30, 2012 | 3.18 |
| Mar 31, 2012 | 20.90 |
| Mar 31, 2012 | 20.90 |
| Dec 31, 2011 | 47.43 |
| Dec 31, 2011 | 47.43 |
| Sep 30, 2011 | 5.01 |
| Sep 30, 2011 | 5.01 |
| Jun 30, 2011 | 15.04 |
| Jun 30, 2011 | 15.04 |
| Mar 31, 2011 | 14.73 |
| Mar 31, 2011 | 14.73 |
| Dec 31, 2010 | 18.84 |
| Dec 31, 2010 | 18.84 |
| Sep 30, 2010 | 18.71 |
| Sep 30, 2010 | 18.71 |
| Jun 30, 2010 | 10.52 |
| Jun 30, 2010 | 10.52 |
| Mar 31, 2010 | 18.39 |
| Mar 31, 2010 | 18.39 |
| Dec 31, 2009 | -14.94 |
| Dec 31, 2009 | -14.94 |
| Sep 30, 2009 | 10.03 |
| Sep 30, 2009 | 10.03 |
| Jun 30, 2009 | 11.70 |
| Jun 30, 2009 | 11.70 |