Quarterly ResultMay 7, 2026, 04:31 PM
AFFILIATED MANAGERS GROUP Q1 Revenue $544.9M; Diluted EPS $3.84
AI Summary
AFFILIATED MANAGERS GROUP, INC. reported a significant increase in its first-quarter 2026 financial results, with consolidated revenue rising to $544.9 million and diluted earnings per share reaching $3.84. Net income attributable to controlling interest grew to $110.4 million, driven by a substantial increase in equity method income. The company also saw strong cash flow from operating activities and continued share repurchases, while managing debt and completing the redemption of junior convertible securities.
Key Highlights
- Q1 2026 consolidated revenue increased to $544.9M from $496.6M YoY.
- Diluted EPS rose to $3.84 in Q1 2026 from $2.20 in Q1 2025.
- Net income (controlling interest) grew to $110.4M from $72.4M YoY.
- Equity method income (net) significantly increased to $147.4M from $75.3M.
- Cash flow from operating activities was $299.3M, up from $208.9M YoY.
- Repurchased $187.0M of common stock in Q1 2026.
- Issued $625.0M in senior bank debt and repaid $60.0M.
- Redeemed junior convertible securities, with $340.6M repaid.
Price Impact
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