Form 10 Explorer
10-Q
Quarterly Report
AFFILIATED MANAGERS GROUP, INC.

MGRE

NYSE

CIK: 1004434

File #: 001-13459

Period End: Jun 30, 2026

Fiscal Year: 2026

View on EDGAR
Balance Sheet
47 line items · 2 periods
XBRL
ItemJun 30, 2026Dec 31, 2025
Assets
Cash and cash equivalents
411,000,000586,000,000
Receivables
846,900,000496,200,000
Investments
757,900,000711,600,000
Goodwill
2,511,600,0002,531,200,000
Acquired client relationships (net)
1,577,600,0001,639,300,000
Acquired Client Relationships
1,577,600,0001,639,300,000
Equity method investments in Affiliates (net)
2,936,800,0002,870,400,000
Variable Interest Entity, Primary Beneficiary
249,600,00088,900,000
Variable Interest Entity, Not Primary Beneficiary
2,770,100,0002,763,600,000
Equity Method Investee
2,936,800,0002,870,400,000
Fixed assets (net)
53,400,00054,400,000
Other assets
308,300,000318,300,000
Affiliate Tax Distributions - Related Party
62,300,00068,600,000
Related Party
6,400,0004,700,000
Total assets
9,403,500,0009,207,400,000
Liabilities and Equity
Payables and accrued liabilities
1,015,900,000806,900,000
Debt
3,004,000,0002,691,300,000
Deferred tax liability (net)
486,800,000533,100,000
Other liabilities
692,900,000754,000,000
Affiliate Tax Distributions - Related Party
86,000,00099,300,000
Private Equity Investment Partnerships of Affiliate - Related Party
7,600,00011,700,000
Related Party
200,400,000161,200,000
Total liabilities
5,199,600,0004,785,300,000
Redeemable non-controlling interests
270,200,000246,800,000
Variable Interest Entity, Primary Beneficiary
32,900,00032,200,000
Equity:
Common stock ($0.01 par value, 153.0 shares authorized; 58.5 shares issued as of December 31, 2025 and June 30, 2026)
600,000600,000
Additional paid-in capital
530,200,000616,100,000
Accumulated other comprehensive loss
(129,000,000)(106,800,000)
Retained earnings
7,911,200,0007,615,400,000
Total stockholders' equity before treasury stock
8,313,000,0008,125,300,000
Less: Treasury stock, at cost (31.5 shares and 32.5 shares as of December 31, 2025 and June 30, 2026, respectively)
5,275,000,0004,886,900,000
Total stockholders' equity
3,038,000,0003,238,400,000
Non-controlling interests
895,700,000936,900,000
Total equity
3,933,700,0004,175,300,000
Common Stock ($0.01 par value)
600,000600,000
Additional Paid-In Capital
530,200,000616,100,000
Accumulated Other Comprehensive Loss
(129,000,000)(106,800,000)
Retained Earnings
7,911,200,0007,615,400,000
Treasury Stock at Cost
(5,275,000,000)(4,886,900,000)
Non- controlling Interests
895,700,000936,900,000
Foreign currency translation gain (loss)
(211,500,000)(183,600,000)
Change in net realized and unrealized gain (loss) on derivative financial instruments
200,000(500,000)
Total
(211,300,000)(184,100,000)
Total liabilities and equity
9,403,500,0009,207,400,000