Affiliated Managers (MGRB) Gross Margin (2017 - 2024)
Affiliated Managers' quarterly Gross Margin came in at 98.2% in Q1 2024, up 98.0% year-on-year from 49.6% in Q2 2023, and up 1.01% quarter-over-quarter from 97.22% in Q1 2023.
Affiliated Managers has reported Gross Margin for 8 years, with the latest figure at 98.2% in Q1 2024.
- For the quarter ending Q1 2024, Gross Margin rose 98.0% year-over-year to 98.2%; the trailing twelve-month figure through Mar 2024 stood at 101.85% (up 379.0% YoY), and the FY2023 full-year result was 97.77%, down 74.0% from the prior year.
- Gross Margin for Q1 2024 stood at 98.2%, up from 97.22% in the prior quarter.
- The five-year high for Gross Margin was 100.86% in Q2 2022, with the low at 95.24% in Q4 2021.
- Average Gross Margin over 5 years is 97.64%, with a median of 97.59% recorded in 2020.
- Year-over-year, Gross Margin surged 301 bps in 2022 and plunged 186 bps in 2023.
- Tracing MGRB's Gross Margin over 5 years: stood at 96.72% in 2020, then retreated by 2 bps to 95.24% in 2021, then grew by 1 bps to 95.85% in 2022, then climbed by 1 bps to 97.22% in 2023, then rose by 1 bps to 98.2% in 2024.
- The last three Gross Margin figures came in at 98.2% (Q1 2024), 97.22% (Q1 2023), and 95.85% (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | - |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | - |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | - |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | - |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 99.70% |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | - |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 93.51% |
| 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 | 98.20% |
| Mar 31, 2023 | 97.22% |
| Dec 31, 2022 | 95.85% |
| Sep 30, 2022 | 97.94% |
| Jun 30, 2022 | 100.86% |
| Mar 31, 2022 | 99.08% |
| Dec 31, 2021 | 95.24% |
| Sep 30, 2021 | 97.46% |
| Jun 30, 2021 | 97.85% |
| Mar 31, 2021 | 97.59% |
| Dec 31, 2020 | 96.72% |
| Sep 30, 2020 | 97.51% |
| Jun 30, 2020 | 97.60% |
| Mar 31, 2020 | 97.83% |
| Dec 31, 2019 | 96.26% |
| Sep 30, 2019 | 97.61% |
| Jun 30, 2019 | 97.94% |
| Mar 31, 2019 | 97.97% |
| Dec 31, 2018 | 93.57% |
| Sep 30, 2018 | 98.30% |
| Jun 30, 2018 | 98.15% |
| Mar 31, 2018 | 98.04% |
| Dec 31, 2017 | 96.34% |
| Sep 30, 2017 | 98.14% |
| Jun 30, 2017 | 97.62% |
| Mar 31, 2017 | 97.91% |