Affiliated Managers (MGR) Tax Rate (2009 - 2026)
Affiliated Managers (MGR) recorded quarterly Tax Rate of 24.11% in Q1 2026, down 14.18% quarter-over-quarter from 28.09% in Q4 2025, and up 246.0% on a YoY basis from 6.97% in Q1 2025.
Affiliated Managers (MGR) Tax Rate (2009 - 2026) Analysis & Trends
Affiliated Managers' Tax Rate history runs 18 years deep, the most recent figure standing at 24.11% for Q1 2026.
- In Q1 2026, Tax Rate rose 246.0% year-over-year to 24.11%; the TTM figure through Mar 2026 stood at 24.06% (up 463.0% YoY), while the FY2025 annual figure was 23.8%, up 402.0% from the prior year.
- Tax Rate was 24.11% for Q1 2026 at Affiliated Managers, down from 28.09% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 28.09% in Q4 2025 to a low of 10.91% in Q4 2023.
- Historically, Tax Rate has averaged 19.92% across 5 years, with a median of 20.3% in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Rate sank 1060 bps in 2023, then soared 939 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 21.51% in 2022, then slumped by 49 bps to 10.91% in 2023, then surged by 76 bps to 19.22% in 2024, then soared by 46 bps to 28.09% in 2025, then declined 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 | 163.18 Bn | 153.56 Bn | - | 18.16 |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 13.55 |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 40.05 |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 598.59 |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 21.16 |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 20.02 |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | 24.99 |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 19.13 |
| 10 | Affiliated Managers | - | - | - | 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% |