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
DateValue
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%