Affiliated Historical Income Statement
MGR Stock | USD 23.65 0.02 0.08% |
Historical analysis of Affiliated Managers income statement accounts such as Gross Profit of 938.2 M can show how well Affiliated Managers Group performed in making a profits. Evaluating Affiliated Managers income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Affiliated Managers's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Affiliated Managers latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Affiliated Managers is a good buy for the upcoming year.
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About Affiliated Income Statement Analysis
Affiliated Managers Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Affiliated Managers shareholders. The income statement also shows Affiliated investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Affiliated Managers Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Affiliated Managers generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Affiliated Managers Group minus its cost of goods sold. It is profit before Affiliated Managers operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Affiliated Managers. It is also known as Affiliated Managers overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Minority Interest
Minority Interest is the portion of a subsidiary corporation stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, otherwise the corporation would generally cease to be a subsidiary of the parent. Minority Interest can also be called non-controlling interest.All shareholders of Affiliated Managers Group whose combined shares represent less than 50% of the total outstanding shares issued by Affiliated Managers have a minority interest in Affiliated Managers.Most accounts from Affiliated Managers' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Affiliated Managers current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Affiliated Managers Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. At this time, Affiliated Managers' Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 11/30/2024, Minority Interest is likely to grow to about 233.2 M, while Total Revenue is likely to drop slightly above 1.5 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 1.4B | 1.3B | 1.2B | 938.2M | Total Revenue | 2.4B | 2.3B | 2.1B | 1.5B |
Affiliated Managers income statement Correlations
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Affiliated Managers Account Relationship Matchups
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Affiliated Managers income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 171.9K | 1.4B | 1.5B | 1.5B | 61.3M | 58.2M | |
Selling General Administrative | 417.7M | 376.8M | 321M | 1.5B | 1.7B | 1.8B | |
Total Revenue | 2.2B | 2.0B | 2.4B | 2.3B | 2.1B | 1.5B | |
Gross Profit | 1.3B | 1.1B | 1.4B | 1.3B | 1.2B | 938.2M | |
Other Operating Expenses | 1.5B | 1.4B | 1.4B | 1.5B | 1.3B | 1.0B | |
Operating Income | 359M | 566.6M | 1.1B | 1.8B | 792.1M | 541.4M | |
Ebit | 524.6M | (688.5M) | (332.8M) | 316.7M | 1.2B | 1.2B | |
Ebitda | 524.8M | 726.2M | 1.2B | 1.8B | 1.2B | 696.5M | |
Cost Of Revenue | 943M | 883.7M | 1.0B | 1.1B | 907.5M | 588.5M | |
Total Operating Expenses | 599.6M | 533.8M | 399.4M | 452.9M | 358.2M | 437.5M | |
Income Before Tax | 308M | 508.4M | 1.1B | 1.7B | 1.1B | 1.1B | |
Total Other Income Expense Net | (51M) | (104.4M) | 122.9M | 873.8M | 299.3M | 314.3M | |
Net Income | 305.1M | 427M | 890.1M | 1.1B | 672.9M | 706.5M | |
Income Tax Expense | 2.9M | 81.4M | 251M | 358.3M | 185.3M | 113.6M | |
Interest Expense | 76.2M | 92.3M | 111.4M | 114.4M | 123.8M | 89.4M | |
Net Income From Continuing Ops | 305.1M | 427M | 890.1M | 1.4B | 1.6B | 833.7M | |
Non Operating Income Net Other | (338M) | (43.4M) | 242.5M | 980M | 1.1B | 1.2B | |
Net Income Applicable To Common Shares | 15.7M | 202.2M | 565.7M | 1.1B | 1.3B | 1.4B | |
Minority Interest | 289.4M | 224.8M | 324.4M | 242.2M | 218.0M | 233.2M | |
Tax Provision | 181.3M | 2.9M | 81.4M | 251M | 225.9M | 147.5M | |
Interest Income | 53.4M | 389M | 101.6M | 248.7M | 223.8M | 184.1M | |
Non Recurring | (76.2M) | 92.3M | 111.4M | 114.4M | 131.6M | 138.1M |
Pair Trading with Affiliated Managers
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Affiliated Managers position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Affiliated Managers will appreciate offsetting losses from the drop in the long position's value.Moving against Affiliated Stock
The ability to find closely correlated positions to Affiliated Managers could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Affiliated Managers when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Affiliated Managers - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Affiliated Managers Group to buy it.
The correlation of Affiliated Managers is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Affiliated Managers moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Affiliated Managers moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Affiliated Managers can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Affiliated Stock Analysis
When running Affiliated Managers' price analysis, check to measure Affiliated Managers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Affiliated Managers is operating at the current time. Most of Affiliated Managers' value examination focuses on studying past and present price action to predict the probability of Affiliated Managers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Affiliated Managers' price. Additionally, you may evaluate how the addition of Affiliated Managers to your portfolios can decrease your overall portfolio volatility.