Affiliated Managers Group (FRA:AFS) EBITDA Margin %: 51.94% (As of Mar. 2026) — Near Median


FRA:AFS Affiliated Managers Group Inc FRA:AFS
81 GF Score
Price €310.00
GF Value €215.59
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Affiliated Managers Group EBITDA Margin %?

Affiliated Managers Group FRA:AFS +1.31% 81 EBITDA Margin % is 51.94% as of Mar. 2026, which is 4% below its 10-year median of 54.30. GuruFocus rates FRA:AFS with a GF Score™ of 81/100 and a GF Value™ of €215.59 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 668 Asset Management companies, Affiliated Managers Group ranks better than 70.36% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Affiliated Managers Group's EBITDA for the three months ended in Mar. 2026 was €245 Mil. Affiliated Managers Group's Revenue for the three months ended in Mar. 2026 was €471 Mil. Therefore, Affiliated Managers Group's EBITDA margin for the quarter that ended in Mar. 2026 was 51.94%.


Affiliated Managers Group  (FRA:AFS) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Affiliated Managers Group EBITDA Margin % Related Terms


Affiliated Managers Group EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Affiliated Managers Group's EBITDA Margin % 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 EBITDA Margin % Chart

Affiliated Managers Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.09 82.77 62.03 53.84 72.00

Affiliated Managers Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.70 43.57 76.65 112.65 51.94

FRA:AFS vs JHG, PDI, OWL: EBITDA Margin % Comparison

For the Asset Management subindustry, Affiliated Managers Group's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Affiliated Managers Group EBITDA Margin % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Affiliated Managers Group's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Affiliated Managers Group's EBITDA Margin % falls into.


FRA:AFS
81GF Score
Affiliated Managers Group Inc FRA:AFS
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Affiliated Managers Group EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Affiliated Managers Group's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1275.449/1771.538
=72.00 %

Affiliated Managers Group's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=244.795/471.338
=51.94 %

* 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.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 51.94% mean?
Affiliated Managers Group (FRA:AFS) has a EBITDA Margin % of 51.94% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Affiliated Managers Group and its competitors. This is near median its historical median of 54.30. Over the past decade, Affiliated Managers Group's EBITDA Margin % has ranged from 24.56 to 82.77. According to the industry distribution chart, Affiliated Managers Group ranks #198 out of 668 companies in the Asset Management industry, placing it in the top 29.6%.
Is Affiliated Managers Group's EBITDA Margin % too high?
Affiliated Managers Group's current EBITDA Margin % of 51.94% is near median its 10-year median of 54.30. Over the past 10 years, this metric has ranged from a low of 24.56 to a high of 82.77. The Asset Management industry median EBITDA Margin % is 30.12. Affiliated Managers Group's value of 51.94% is 72.4% above this industry median. Based on the distribution chart, Affiliated Managers Group ranks #198 out of 668 companies in the Asset Management industry, which is above the industry midpoint. Overall, Affiliated Managers Group has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Affiliated Managers Group's EBITDA Margin % compare to JHG and PDI?
According to the Asset Management industry distribution chart, Affiliated Managers Group ranks #198 out of 668 companies for EBITDA Margin %. This puts Affiliated Managers Group in the upper half of its industry. The industry median EBITDA Margin % is 30.12. Affiliated Managers Group's value of 51.94% is 72.4% above this benchmark. Historically, Affiliated Managers Group's own EBITDA Margin % has ranged from 24.56 to 82.77 over the past decade. While the company's 10-year median is 54.30 vs. the industry median of 30.12, Affiliated Managers Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Asset Management company?
The median EBITDA Margin % among Asset Management companies is 30.12, based on 668 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Affiliated Managers Group's current EBITDA Margin % of 51.94% is 72.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Affiliated Managers Group and its competitors. For the Asset Management industry, the median EBITDA Margin % is 30.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Affiliated Managers Group's current EBITDA Margin % is 51.94%, which is near median its own 10-year median of 54.30. 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 €215.59, compared to a current price of €310.00 — trading 43.8% above its estimated fair value. The current EBITDA Margin % is 51.94%, which is near median its 10-year median of 54.30 and 72.4% above the Asset Management industry median of 30.12. Affiliated Managers Group's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Affiliated Managers Group (FRA:AFS), the current EBITDA Margin % is 51.94% 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 €310.00 is trading 43.8% above its estimated GF Value™ of €215.59. GuruFocus considers Affiliated Managers Group to be Significantly Overvalued.

Key valuation signals for FRA:AFS:

  • EBITDA Margin %: 51.94% (near median its 10-year median of 54.30)
  • GF Value™: €215.59 vs. price of €310.00 (43.8% above fair value)
  • GF Score™: 81/100 with 8 warning signs
  • Industry Position: 72.4% above the Asset Management median (#198 of 668)

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 Business Description

Other Exchanges AMG:USA0HAQ:UK
Address 777 South Flagler Drive, West Palm Beach, FL, USA, 33401
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.
81GF Score

Get the complete analysis for FRA:AFS

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€310.00
Price
€215.59
GF Value