Affiliated Managers (MGR) Operating Margin (2017 - 2024)
Affiliated Managers' quarterly Operating Margin came in at 21.92% in Q1 2024, down 175.0% year-on-year from 29.23% in Q2 2023, and down 7.4% quarter-over-quarter from 23.68% in Q1 2023.
Affiliated Managers has reported Operating Margin for 8 years, with the latest figure at 21.92% in Q1 2024.
- For the quarter ending Q1 2024, Operating Margin fell 175.0% year-over-year to 21.92%; the trailing twelve-month figure through Mar 2024 stood at 21.48% (down 251.0% YoY), and the FY2023 full-year result was 25.05%, down 163.0% from the prior year.
- Operating Margin for Q1 2024 stood at 21.92%, down from 23.68% in the prior quarter.
- The five-year high for Operating Margin was 34.55% in Q2 2022, with the low at 10.66% in Q2 2020.
- Average Operating Margin over 5 years is 25.62%, with a median of 27.3% recorded in 2020.
- Year-over-year, Operating Margin tumbled 1758 bps in 2020 and soared 2069 bps in 2021.
- Tracing MGR's Operating Margin over 5 years: stood at 26.95% in 2020, then grew by 3 bps to 27.64% in 2021, then plunged by 57 bps to 12.01% in 2022, then surged by 97 bps to 23.68% in 2023, then declined by 7 bps to 21.92% in 2024.
- The last three Operating Margin figures came in at 21.92% (Q1 2024), 23.68% (Q1 2023), and 12.01% (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 42.01% |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 46.06% |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 1.56% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 18.44% |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | - |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | - |
| 10 | Affiliated Managers | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 21.92% |
| Mar 31, 2023 | 23.68% |
| Dec 31, 2022 | 12.01% |
| Sep 30, 2022 | 24.42% |
| Jun 30, 2022 | 34.55% |
| Mar 31, 2022 | 34.02% |
| Dec 31, 2021 | 27.64% |
| Sep 30, 2021 | 28.74% |
| Jun 30, 2021 | 31.35% |
| Mar 31, 2021 | 29.89% |
| Dec 31, 2020 | 26.95% |
| Sep 30, 2020 | 24.92% |
| Jun 30, 2020 | 10.66% |
| Mar 31, 2020 | 27.99% |
| Dec 31, 2019 | 16.15% |
| Sep 30, 2019 | 29.60% |
| Jun 30, 2019 | 28.23% |
| Mar 31, 2019 | 26.57% |
| Dec 31, 2018 | 17.86% |
| Sep 30, 2018 | 28.19% |
| Jun 30, 2018 | 30.24% |
| Mar 31, 2018 | 26.96% |
| Dec 31, 2017 | 46.35% |
| Sep 30, 2017 | 49.43% |
| Jun 30, 2017 | 48.33% |
| Mar 31, 2017 | 48.23% |