For the year ending 2025-12-31, MGRE had -$370M decrease in cash & cash equivalents over the period. $967.1M in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 904 |
| Intangible amortization and impairments | 160.3 |
| Depreciation and other amortization | 10.4 |
| Deferred income tax expense | 83.8 |
| Equity method income (net) | 462.9 |
| Distributions received from equity method investments | 467.8 |
| Affiliate transaction gains | 371.3 |
| Share-based compensation and affiliate equity expense | 202.8 |
| Net realized and unrealized gains on investment securities | 55.7 |
| Other non-cash items | -8.1 |
| Purchases of securities by consolidated affiliate sponsored investment products | 100.6 |
| Sales of securities by consolidated affiliate sponsored investment products | 72.7 |
| Increase in receivables | 49.8 |
| Decrease (increase) in other assets | 28.1 |
| (decrease) increase in payables, accrued liabilities, and other liabilities | 131.7 |
| Cash flow from operating activities | 973.2 |
| Investments in affiliates | 776 |
| Proceeds from affiliate transactions | 403.8 |
| Return of capital from equity method investments in affiliates | 9.8 |
| Purchases of fixed assets | 6.1 |
| Purchases of investment securities | 103.8 |
| Maturities and sales of investment securities | 266.2 |
| Cash flow from (used in) investing activities | -206.1 |
| Borrowings of senior bank debt, senior notes, and junior subordinated notes | 899.3 |
| Repayments of senior bank debt, junior convertible securities, and senior notes | 826.1 |
| Repurchases of common stock, net | 706.3 |
| Dividends paid on common stock | 1 |
| Distributions to non-controlling interests | 252.3 |
| Affiliate equity purchases | 176.7 |
| Affiliate equity issuances | 6.4 |
| (redemptions) subscriptions to consolidated affiliate sponsored investment products, net | 21.2 |
| Settlement of deferred payments, net | 0 |
| Taxes paid on shares withheld on share-based awards | 108 |
| Other financing items | -5.2 |
| Cash flow used in financing activities | -1,148.7 |
| Effect of foreign currency exchange rate changes on cash and cash equivalents | 11.6 |
| Net increase (decrease) in cash and cash equivalents | -370 |
AFFILIATED MANAGERS GROUP, INC. (MGRE)
AFFILIATED MANAGERS GROUP, INC. (MGRE)