Also trades as: AMG (NYSE) · $vol 112M · MGR (NYSE) · $vol 1M · MGRB (NYSE) · $vol 0M · MGRD (NYSE) · $vol 0M

$21.26

-0.01 (-0.05%)

Weekly Expected Move ±1.3%

$21 $21 $21 $22 $22

NYSE · Financial Services · Asset Management · Tech Score Neutral · Power 43 · $10.1B mcap · 26M float · 0.138% daily turnover · Short 44% of daily vol

Credit Risk of going bust: not rated, financial company (lending is its business) Bonds: $53.8M held by 86 funds, 112 bp over Treasuries → details ▾

Not rated: lending and leverage are a financial company's business, which the model misreads.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Revenue Segmentation

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$2.4B +19.8% ▲

5Y CAGR: +3.8%

Gross Profit

$2.1B +86.9% ▲

5Y CAGR: +13.0%

Operating Income

$777M +9.9% ▲

5Y CAGR: +3.2%

Net Income

$717M +40.1% ▲

5Y CAGR: +28.8%

EPS (Diluted)

$22.74 +50.3% ▲

5Y CAGR: +39.3%

EBITDA

$1.5B +35.9% ▲

5Y CAGR: +14.5%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$2.4B	$2.3B	$2.1B	$2.0B	$2.4B
YoY Growth	+19.0%	-3.4%	-11.7%	-0.8%	+19.8%
Cost of Revenue	$1.0B	$1.1B	$908M	$915M	$341M
Gross Profit	$1.4B	$1.3B	$1.2B	$1.1B	$2.1B
Gross Margin	56.6%	54.0%	55.9%	55.2%	86.0%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$347M	$386M	$358M	$376M	$409M
Operating Expenses	$399M	$453M	$420M	$419M	$1.3B
Operating Income	$966M	$805M	$731M	$707M	$777M
Operating Margin	40.0%	34.6%	35.5%	34.6%	31.8%
Interest Expense	$111M	$114M	$124M	$133M	$136M
Income Before Tax	$1.1B	$1.7B	$1.1B	$923M	$1.2B
Tax Expense	$251M	$358M	$185M	$183M	$282M
Net Income	$566M	$1.1B	$673M	$512M	$717M
Net Margin	23.4%	49.2%	32.7%	25.1%	29.3%
EPS (Diluted)	$13.05	$25.35	$17.42	$15.13	$22.74
EBITDA	$1.3B	$1.9B	$1.3B	$1.1B	$1.5B
Shares Outstanding	45M	49M	42M	36M	33M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$516M	$524M	$497M	$493M	$528M	$800M	$545M	$655M
Cost of Revenue	$221M	$239M	$230M	$264M	$254M	$133M	$103M	$19M
Gross Profit	$296M	$286M	$266M	$230M	$274M	$667M	$442M	$636M
Gross Margin	57.2%	54.5%	53.6%	46.5%	52.0%	83.3%	81.0%	97.1%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$97M	$98M	$95M	$96M	$100M	$118M	$0	$107M
Operating Expenses	$108M	$110M	$181M	$104M	$109M	$358M	$364M	$427M
Operating Income	$188M	$176M	$86M	$125M	$165M	$308M	$77M	$209M
Operating Margin	36.4%	33.5%	17.2%	25.3%	31.3%	38.5%	14.2%	31.9%
Interest Expense	$35M	$35M	$34M	$34M	$33M	$35M	$38M	$40M
Income Before Tax	$217M	$274M	$127M	$172M	$362M	$526M	$193M	$307M
Tax Expense	$31M	$53M	$27M	$36M	$72M	$148M	$46M	$70M
Net Income	$124M	$162M	$72M	$84M	$212M	$348M	$110M	$186M
Net Margin	23.9%	30.9%	14.6%	17.1%	40.2%	43.4%	20.3%	28.4%
EPS (Diluted)	$3.78	$4.92	$2.20	$2.80	$6.87	$11.21	$3.84	$6.95
EBITDA	$262M	$320M	$247M	$215M	$405M	$627M	$283M	$357M
Shares Outstanding	35M	36M	33M	32M	33M	32M	28M	27M

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