Growth Metrics

Affiliated Managers (MGRB) Operating Expenses (2009 - 2026)

Affiliated Managers' quarterly Operating Expenses came in at $505.9 million in Q1 2026, up 10.72% year-on-year from $456.9 million in Q1 2025, and down 3.93% quarter-over-quarter from $526.6 million in Q4 2025.

Affiliated Managers has reported Operating Expenses for 18 years, with the latest figure at $505.9 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 10.72% year-over-year to $505.9 million; the trailing twelve-month figure through Mar 2026 stood at $1.9 billion (up 17.12% YoY), and the FY2025 full-year result was $1.8 billion, up 19.74% from the prior year.
  • Operating Expenses for Q1 2026 stood at $505.9 million, down from $526.6 million in the prior quarter.
  • The five-year high for Operating Expenses was $526.6 million in Q4 2025, with the low at $357.4 million in Q3 2023.
  • Average Operating Expenses over 5 years is $411.1 million, with a median of $395.1 million recorded in 2022.
  • Year-over-year, Operating Expenses fell 15.98% in 2023 and surged 34.2% in 2025.
  • Tracing MGRB's Operating Expenses over 5 years: stood at $452.5 million in 2022, then fell by 15.12% to $384.1 million in 2023, then climbed by 2.16% to $392.4 million in 2024, then surged by 34.2% to $526.6 million in 2025, then decreased by 3.93% to $505.9 million in 2026.
  • The last three Operating Expenses figures came in at $505.9 million (Q1 2026), $526.6 million (Q4 2025), and $409.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - 3.88 Bn
2 Blackstone 92.68 Bn 91.63 Bn - 2.26 Bn
3 Kkr 84.94 Bn 132.45 Bn - 3.87 Bn
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 733.00 Mn
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 4.68 Bn
6 State Street 44.42 Bn 18.75 Bn - 2.81 Bn
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 3.67 Bn
8 Northern Trust 31.21 Bn 31.21 Bn - 1.51 Bn
9 Ares Management 28.85 Bn 32.22 Bn - 1.17 Bn
10 Affiliated Managers - - - 505.90 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 505.90 Mn
Dec 31, 2025 526.60 Mn
Sep 30, 2025 409.20 Mn
Jun 30, 2025 412.70 Mn
Mar 31, 2025 456.90 Mn
Dec 31, 2024 392.40 Mn
Sep 30, 2024 374.70 Mn
Jun 30, 2024 359.40 Mn
Mar 31, 2024 381.30 Mn
Dec 31, 2023 384.10 Mn
Sep 30, 2023 357.40 Mn
Jun 30, 2023 374.60 Mn
Mar 31, 2023 380.50 Mn
Dec 31, 2022 452.50 Mn
Sep 30, 2022 425.40 Mn
Jun 30, 2022 400.60 Mn
Mar 31, 2022 395.10 Mn
Dec 31, 2021 467.70 Mn
Sep 30, 2021 395.30 Mn
Jun 30, 2021 389.90 Mn
Mar 31, 2021 378.50 Mn
Dec 31, 2020 386.70 Mn
Sep 30, 2020 359.20 Mn
Jun 30, 2020 409.60 Mn
Mar 31, 2020 354.30 Mn
Dec 31, 2019 445.00 Mn
Sep 30, 2019 373.40 Mn
Jun 30, 2019 412.60 Mn
Mar 31, 2019 387.80 Mn
Dec 31, 2018 427.30 Mn
Sep 30, 2018 421.60 Mn
Jun 30, 2018 407.60 Mn
Mar 31, 2018 435.40 Mn
Dec 31, 2017 428.50 Mn
Sep 30, 2017 389.60 Mn
Jun 30, 2017 394.90 Mn
Mar 31, 2017 391.70 Mn
Dec 31, 2016 482.50 Mn
Sep 30, 2016 373.70 Mn
Jun 30, 2016 372.30 Mn
Mar 31, 2016 366.60 Mn
Dec 31, 2015 396.60 Mn
Sep 30, 2015 397.90 Mn
Jun 30, 2015 451.40 Mn
Mar 31, 2015 403.60 Mn
Dec 31, 2014 442.60 Mn
Sep 30, 2014 416.10 Mn
Jun 30, 2014 437.90 Mn
Mar 31, 2014 399.10 Mn
Dec 31, 2013 440.90 Mn
Sep 30, 2013 382.50 Mn
Jun 30, 2013 379.60 Mn
Mar 31, 2013 351.70 Mn
Dec 31, 2012 364.10 Mn
Sep 30, 2012 327.60 Mn
Jun 30, 2012 404.60 Mn
Mar 31, 2012 308.90 Mn
Dec 31, 2011 307.20 Mn
Sep 30, 2011 287.80 Mn
Jun 30, 2011 322.30 Mn
Mar 31, 2011 301.40 Mn
Dec 31, 2010 306.70 Mn
Sep 30, 2010 258.80 Mn
Jun 30, 2010 236.30 Mn
Mar 31, 2010 182.50 Mn
Dec 31, 2009 164.42 Mn
Sep 30, 2009 154.43 Mn
Jun 30, 2009 150.35 Mn