AMG Q4 diluted EPS $11.21, economic EPS $9.48; full-year economic EPS up 22% to $26.05

AFFILIATED MANAGERS GROUP, INC.

2025-FY EPS reported $22.74 revenue$2,074,400,000

Q4 net income $347.6M, diluted EPS $11.21; full-year net income $716.6M, diluted EPS $22.74.
Net client cash inflows of ~$29B in 2025, including ~$12B in Q4, driven by alternatives momentum.
Full-year economic EPS $26.05 increased 22% YoY; economic net income $769.3M.
Board declared $0.01/share quarterly dividend (payable March 9, 2026) and authorized 4.2M share repurchase (total ~6M shares available).
Repurchased ~$700M of common stock (~11% of shares outstanding) in 2025; committed >$1B across five new investments.

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