Affiliated Managers (MGR) Operating Margin (2017 - 2024)
Affiliated Managers (MGR) recorded quarterly Operating Margin of 21.92% in Q1 2024, down 7.4% quarter-over-quarter from 23.68% in Q1 2023, and down 175.0% on a YoY basis from 29.23% in Q2 2023.
Affiliated Managers (MGR) Operating Margin (2017 - 2024) Analysis & Trends
Affiliated Managers' Operating Margin history runs 8 years deep, the most recent figure standing at 21.92% for Q1 2024.
- In Q1 2024, Operating Margin fell 175.0% year-over-year to 21.92%; the TTM figure through Mar 2024 stood at 21.48% (down 251.0% YoY), while the FY2023 annual figure was 25.05%, down 163.0% from the prior year.
- Operating Margin was 21.92% for Q1 2024 at Affiliated Managers, down from 23.68% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 34.55% in Q2 2022 to a low of 10.66% in Q2 2020.
- Historically, Operating Margin has averaged 25.62% across 5 years, with a median of 27.3% in 2020.
- The sharpest annual moves came in 2020 and 2021: Operating Margin tumbled 1758 bps in 2020, then jumped 2069 bps in 2021.
- A 5-year view of Operating Margin shows it stood at 26.95% in 2020, then climbed by 3 bps to 27.64% in 2021, then sank by 57 bps to 12.01% in 2022, then jumped by 97 bps to 23.68% in 2023, then dropped 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 | 163.18 Bn | 153.56 Bn | - | 42.01% |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | - |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 46.06% |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 1.56% |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | - |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 18.44% |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | - |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 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% |