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Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.
For the
three
months ended in Mar. 2026,
Affiliated Managers Group paid€185 Mil more to buy back shares than it received from issuing new shares.
It received€489 Mil from issuing more debt.
It paid€0 Mil more to buy back preferred shares than it received from issuing preferred shares.
It received€0 Mil from paying cash dividends to shareholders.
It spent€543 Mil on other financial activities.
In all, Affiliated Managers Groupspent€240 Mil on financial activities for the
three
months ended in Mar. 2026.
Affiliated Managers Group (FRA:AFS) Cash Flow from Financing Explanation
Cash from financing contains six items:
1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.
Affiliated Managers Group's issuance of stock for the
three
months ended in Mar. 2026 was €0 Mil.
2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.
Affiliated Managers Group's repurchase of stock for the
three
months ended in Mar. 2026 was €-185 Mil.
3. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.
Affiliated Managers Group's net issuance of debt for the
three
months ended in Mar. 2026 was €489 Mil.
Affiliated Managers Group received€489 Mil from issuing more debt.
4. Net Issuance of Preferred Stock:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.
Affiliated Managers Group's net issuance of preferred for the
three
months ended in Mar. 2026 was €0 Mil.
Affiliated Managers Group paid€0 Mil more to buy back preferred shares than it received from issuing preferred shares.
5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.
Affiliated Managers Group's cash flow for dividends for the
three
months ended in Mar. 2026 was €0 Mil.
Affiliated Managers Group received€0 Mil from paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
Affiliated Managers Group's other financing for the
three
months ended in Mar. 2026 was €-543 Mil.
Affiliated Managers Group spent€543 Mil on other financial activities.
Affiliated Managers Group Cash Flow from Financing Related Terms
Affiliated Managers Group Cash Flow from Financing Historical Data
* Premium members only.
The historical data trend for Affiliated Managers Group's Cash Flow from Financing can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Affiliated Managers Group Cash Flow from Financing Chart
Affiliated Managers Group Cash Flow from Financing Calculation
This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.
Affiliated Managers Group's Cash from Financing for the fiscal year that ended in Dec. 2025 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-952 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Cash Flow from Financing of €-952 Mil mean?
Affiliated Managers Group (FRA:AFS) has a Cash Flow from Financing of €-952 Mil as of Mar. 2026. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Affiliated Managers Group and its competitors.
Is Affiliated Managers Group's Cash Flow from Financing too high?
Affiliated Managers Group's current Cash Flow from Financing is €-952 Mil. Overall, Affiliated Managers Group has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Affiliated Managers Group's Cash Flow from Financing compare to JHG and PDI?
Affiliated Managers Group's Cash Flow from Financing of €-952 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Flow from Financing for an Asset Management company?
A good Cash Flow from Financing depends on the Asset Management industry context. However, Cash Flow from Financing should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Flow from Financing mean?
A high Cash Flow from Financing can signal that a stock is expensive relative to its fundamentals. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Affiliated Managers Group and its competitors. Affiliated Managers Group's current Cash Flow from Financing is €-952 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Affiliated Managers Group stock overvalued right now?
Based on GuruFocus' analysis, Affiliated Managers Group (FRA:AFS) is currently considered Significantly Overvalued. The stock's GF Value™ is €220.22, compared to a current price of €326.00 — trading 48% above its estimated fair value. The current Cash Flow from Financing is €-952 Mil. Affiliated Managers Group's overall GF Score™ is 80/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Flow from Financing calculated?
Cash Flow from Financing is calculated from a company's financial statements. For Affiliated Managers Group (FRA:AFS), the current Cash Flow from Financing is €-952 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Affiliated Managers Group (FRA:AFS) Overvalued in 2026?
Based on GuruFocus' analysis, Affiliated Managers Group stock appears to be overvalued.
The current stock price of €326.00 is trading 48% above its estimated GF Value™ of €220.22.
GuruFocus considers Affiliated Managers Group to be Significantly Overvalued.
Key valuation signals for FRA:AFS:
Cash Flow from Financing: €-952 Mil
GF Value™: €220.22 vs. price of €326.00 (48% above fair value)
No single metric tells the full story. See the FRA:AFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Affiliated Managers Group offers investment strategies to investors through its network of affiliates. The firm typically buys a majority interest in small to mid-size boutique asset managers, receiving a fixed percentage of revenue from these firms in return. Affiliates operate independently, with AMG providing strategic, operational, and technology support, as well as global distribution. At the end of December 2025, AMG's affiliate network—which includes firms like Abacus Capital and Pantheon dedicated to private markets (which accounted for 18% of AUM), AQR Capital and Capula Investment Management in liquid alternatives (28%), and Harding Loevner, Tweedy Browne, Parnassus, and Yacktman in equities, multi-asset, and bond strategies (54%)—had $813.3 billion in managed assets.
80GF Score
Get the complete analysis for FRA:AFS
Cash Flow from Financing is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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