Affiliated Managers (MGRD) Gross Margin (2017 - 2024)
Affiliated Managers (MGRD) recorded quarterly Gross Margin of 98.2% in Q1 2024, up 1.01% quarter-over-quarter from 97.22% in Q1 2023, and up 98.0% on a YoY basis from 49.6% in Q2 2023.
Affiliated Managers (MGRD) Gross Margin (2017 - 2024) Analysis & Trends
Affiliated Managers' Gross Margin history runs 8 years deep, the most recent figure standing at 98.2% for Q1 2024.
- In Q1 2024, Gross Margin rose 98.0% year-over-year to 98.2%; the TTM figure through Mar 2024 stood at 101.85% (up 379.0% YoY), while the FY2023 annual figure was 97.77%, down 74.0% from the prior year.
- Gross Margin was 98.2% for Q1 2024 at Affiliated Managers, up from 97.22% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 100.86% in Q2 2022 to a low of 95.24% in Q4 2021.
- Historically, Gross Margin has averaged 97.64% across 5 years, with a median of 97.59% in 2020.
- The sharpest annual moves came in 2022 and 2023: Gross Margin soared 301 bps in 2022, then plunged 186 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 96.72% in 2020, then fell by 2 bps to 95.24% in 2021, then climbed by 1 bps to 95.85% in 2022, then advanced by 1 bps to 97.22% in 2023, then increased 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 | 160.20 Bn | 150.57 Bn | - | - |
| 2 | Blackstone | 96.40 Bn | 95.35 Bn | - | - |
| 3 | Kkr | 85.87 Bn | 133.39 Bn | - | - |
| 4 | Apollo Global Management | 79.90 Bn | 98.63 Bn | 5.04 Bn | 99.70% |
| 5 | State Street | 46.62 Bn | 20.95 Bn | - | - |
| 6 | Ameriprise Financial | 42.78 Bn | 42.65 Bn | 4.57 Bn | 93.51% |
| 7 | Northern Trust | 32.35 Bn | 32.35 Bn | - | - |
| 8 | Ares Management | 30.25 Bn | 33.62 Bn | - | - |
| 9 | Raymond James Financial | 30.24 Bn | 18.99 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% |