AMGNYSE,NYSE,NYSE,NYSE,NYSE SEC EDGAR

AFFILIATED MANAGERS GROUP, INC.

Investment Advice·JUPITER, FL·FY end 12/31·CIK 1004434

CEO Pay Ratio

77:1

Jay C. Horgen ................................................

CEO Total Comp

$16.3M

Jay C. Horgen ................................................

Median Employee

$212,241

Revenue

$2.1B

FY 2025

Net Income

$716.6M

FY 2025

Free Cash Flow

$967.1M

FY 2025

Net Margin

34.5%

Insider Net (180d)

-$7.6M

2 buys / 8 sales

CEO Pay Accountability

CEO comp as % of net income

2.28%

For every $1,000 of profit, $22.76 flows to the CEO.

CEO comp as % of buybacks

2.31%

CEO comp equals 23.1‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$2.1B	$2.0B	$2.1B	$2.3B	$2.4B
Gross Profit	—	—	—	—	—	—
Operating Income	—	—	—	—	—	—
Net Income	$716.6M	$511.6M	$672.9M	$1.1B	$565.7M
Operating CF	$973.2M	$932.1M	$874.3M	$1.1B	$1.3B
Capex	$6.1M	$3.4M	$12.4M	$11.4M	$8.4M
Free Cash Flow	$967.1M	$928.7M	$861.9M	$1.0B	$1.3B
Buybacks	$706.3M	$709.8M	$341.9M	$713.8M	$595.3M
Dividends	$1.0M	$1.4M	$1.5M	$1.6M	$1.7M

Gross Margin	—	—	—	—	—	—
Operating Margin	—	—	—	—	—	—
Net Margin	34.5%	25.1%	32.7%	49.2%	23.4%
FCF Margin	46.6%	45.5%	41.9%	44.8%	51.8%
R&D / Revenue	—	—	—	—	—	—
Effective Tax	23.8%	19.8%	17.0%	20.5%	22.0%
Debt / Equity	0.83	0.78	0.71	0.78	0.89
Buybacks / FCF	73.0%	76.4%	39.7%	68.4%	47.6%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Jay C. Horgen ................................................President and Chief Executive Officer	$750.0K	$9.0M	—	$6.5M	$70.0K	$16.3M
General Counsel and CorporateSecretary	$456.3K	$577.5K	—	$857.0K	$32.3K	$1.9M