Affiliated Managers (AFS) Ratios
Affiliated Managers Ratios
DE:AFS's free cash flow for Q2 2026 was $251.90M. For the 2026 fiscal year, DE:AFS's free cash flow was increased by $0.00 and operating cash flow was $251.90M. See a summary of the company’s cash flow.
| Ratios | Dec 25 | Dec 24 | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|---|---|
| Liquidity Ratios | |||||
| Current Ratio | 1.34 | 2.22 | 2.61 | 1.88 | 1.78 |
| Quick Ratio | 1.34 | 2.22 | 2.61 | 1.88 | 1.78 |
| Cash Ratio | 0.73 | 1.49 | 1.29 | 0.55 | 1.15 |
| Solvency Ratio | 0.19 | 0.13 | 0.18 | 0.29 | 0.14 |
| Operating Cash Flow Ratio | 1.25 | 1.46 | 1.39 | 1.36 | 1.60 |
| Short-Term Operating Cash Flow Coverage | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Current Asset Value | $ -3.70B | $ -2.77B | $ -2.45B | $ -2.78B | $ -3.09B |
| Leverage Ratios | |||||
| Debt-to-Assets Ratio | 0.29 | 0.30 | 0.28 | 0.29 | 0.28 |
| Debt-to-Equity Ratio | 0.83 | 0.78 | 0.71 | 0.78 | 0.89 |
| Debt-to-Capital Ratio | 0.45 | 0.44 | 0.41 | 0.44 | 0.47 |
| Long-Term Debt-to-Capital Ratio | 0.45 | 0.44 | 0.41 | 0.44 | 0.47 |
| Financial Leverage Ratio | 2.84 | 2.64 | 2.53 | 2.75 | 3.19 |
| Debt Service Coverage Ratio | 8.87 | 6.87 | 8.81 | 13.72 | 9.46 |
| Interest Coverage Ratio | 5.69 | 5.30 | 5.90 | 7.04 | 8.67 |
| Debt to Market Cap | 0.33 | 0.46 | 0.48 | 0.42 | 0.36 |
| Interest Debt Per Share | 99.22 | 88.54 | 75.82 | 68.82 | 62.69 |
| Net Debt to EBITDA | 1.41 | 1.52 | 1.35 | 1.09 | 1.21 |
| Profitability Margins | |||||
| Gross Profit Margin | 86.04% | 55.15% | 55.90% | 54.00% | 56.60% |
| EBIT Margin | 54.09% | 51.77% | 59.05% | 79.88% | 51.92% |
| EBITDA Margin | 61.07% | 53.84% | 62.03% | 82.77% | 54.09% |
| Operating Profit Margin | 31.76% | 34.63% | 35.51% | 34.56% | 40.04% |
| Pretax Profit Margin | 48.51% | 45.23% | 53.04% | 74.97% | 47.30% |
| Net Profit Margin | 29.30% | 25.07% | 32.70% | 49.19% | 23.45% |
| Continuous Operations Profit Margin | 36.96% | 36.29% | 44.03% | 59.59% | 36.90% |
| Net Income Per EBT | 60.41% | 55.42% | 61.65% | 65.61% | 49.57% |
| EBT Per EBIT | 152.72% | 130.64% | 149.34% | 216.89% | 118.14% |
| Return on Assets (ROA) | 7.78% | 5.79% | 7.43% | 12.90% | 6.37% |
| Return on Equity (ROE) | 22.13% | 15.29% | 18.75% | 35.47% | 20.30% |
| Return on Capital Employed (ROCE) | 9.25% | 8.63% | 8.67% | 9.94% | 11.94% |
| Return on Invested Capital (ROIC) | 7.05% | 6.92% | 7.20% | 7.90% | 9.32% |
| Return on Tangible Assets | 14.23% | 11.25% | 14.25% | 26.30% | 13.40% |
| Earnings Yield | 8.72% | 8.90% | 12.66% | 18.79% | 8.29% |
| Efficiency Ratios | |||||
| Receivables Turnover | 4.93 | 4.98 | 5.59 | 7.37 | 5.75 |
| Payables Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory Turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Fixed Asset Turnover | 44.96 | 35.43 | 30.58 | 34.01 | 32.64 |
| Asset Turnover | 0.27 | 0.23 | 0.23 | 0.26 | 0.27 |
| Working Capital Turnover Ratio | 4.65 | 2.28 | 2.42 | 3.58 | 3.35 |
| Cash Conversion Cycle | 74.05 | 73.27 | 65.34 | 49.51 | 63.43 |
| Days of Sales Outstanding | 74.05 | 73.27 | 65.34 | 49.51 | 63.43 |
| Days of Inventory Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Days of Payables Outstanding | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Cycle | 74.05 | 73.27 | 65.34 | 49.51 | 63.43 |
| Cash Flow Ratios | |||||
| Operating Cash Flow Per Share | 35.47 | 29.97 | 24.91 | 27.39 | 30.34 |
| Free Cash Flow Per Share | 35.26 | 29.86 | 24.56 | 27.10 | 30.14 |
| Dividend Paid and CapEx Coverage Ratio | 142.38 | 194.19 | 62.90 | 81.13 | 124.67 |
| Capital Expenditure Coverage Ratio | 165.72 | 274.15 | 70.51 | 92.52 | 149.90 |
| Operating Cash Flow Coverage Ratio | 0.38 | 0.36 | 0.34 | 0.42 | 0.51 |
| Operating Cash Flow to Sales Ratio | 0.41 | 0.46 | 0.42 | 0.45 | 0.52 |
| Free Cash Flow Yield | 12.23% | 16.15% | 16.22% | 17.10% | 18.32% |
| Valuation Ratios | |||||
| Price-to-Earnings (P/E) Ratio | 11.45 | 11.24 | 7.90 | 5.32 | 12.07 |
| Price-to-Sales (P/S) Ratio | 3.36 | 2.82 | 2.58 | 2.62 | 2.83 |
| Price-to-Book (P/B) Ratio | 2.54 | 1.72 | 1.48 | 1.89 | 2.45 |
| Price-to-Free Cash Flow (P/FCF) Ratio | 8.18 | 6.19 | 6.17 | 5.85 | 5.46 |
| Price-to-Operating Cash Flow Ratio | 8.13 | 6.17 | 6.08 | 5.78 | 5.42 |
| Price-to-Earnings Growth (PEG) Ratio | 0.22 | -0.79 | -0.22 | 0.05 | 0.06 |
| Enterprise Value Multiple | 6.91 | 6.75 | 5.51 | 4.26 | 6.44 |
| Enterprise Value | 10.32B | 7.42B | 7.04B | 8.21B | 8.41B |
| EV to EBITDA | 6.91 | 6.75 | 5.51 | 4.26 | 6.44 |
| EV to Sales | 4.22 | 3.64 | 3.42 | 3.52 | 3.49 |
| EV to Free Cash Flow | 10.27 | 7.99 | 8.17 | 7.87 | 6.72 |
| EV to Operating Cash Flow | 10.21 | 7.96 | 8.05 | 7.78 | 6.68 |
| Tangible Book Value Per Share | 8.83 | 11.77 | 17.88 | 3.02 | -6.53 |
| Shareholders’ Equity Per Share | 113.63 | 107.57 | 102.22 | 83.90 | 67.14 |
| Tax and Other Ratios | |||||
| Effective Tax Rate | 0.24 | 0.20 | 0.17 | 0.21 | 0.22 |
| Revenue Per Share | 85.81 | 65.62 | 58.63 | 60.51 | 58.13 |
| Net Income Per Share | 25.14 | 16.45 | 19.17 | 29.76 | 13.63 |
| Tax Burden | 0.60 | 0.55 | 0.62 | 0.66 | 0.50 |
| Interest Burden | 0.90 | 0.87 | 0.90 | 0.94 | 0.91 |
| Research & Development to Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A to Revenue | 0.17 | 0.18 | 0.00 | 0.00 | 0.00 |
| Stock-Based Compensation to Revenue | 0.08 | 0.05 | 0.05 | 0.05 | 0.05 |
| Income Quality | 1.41 | 1.26 | 0.96 | 0.76 | 1.41 |
Currency in USD