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Side-by-side financial comparison of AFFILIATED MANAGERS GROUP, INC. (AMG) and Charles River Laboratories (CRL). Click either name above to swap in a different company.

Charles River Laboratories is the larger business by last-quarter revenue ($994.2M vs $556.6M, roughly 1.8× AFFILIATED MANAGERS GROUP, INC.). AFFILIATED MANAGERS GROUP, INC. runs the higher net margin — 62.4% vs -27.8%, a 90.2% gap on every dollar of revenue. On growth, AFFILIATED MANAGERS GROUP, INC. posted the faster year-over-year revenue change (6.2% vs -0.8%). AFFILIATED MANAGERS GROUP, INC. produced more free cash flow last quarter ($254.5M vs $58.6M). Over the past eight quarters, AFFILIATED MANAGERS GROUP, INC.'s revenue compounded faster (5.5% CAGR vs -0.9%).

Affiliated Managers Group, Inc. (AMG) is an American financial services firm founded in 1993 and headquartered in West Palm Beach, Florida. The company's stock trades on the New York Stock Exchange under the symbol AMG, and is listed on the S&P 400 for mid-size American firms.

Charles River Laboratories International, Inc. is an American pharmaceutical and biotechnology contract research organisation (CRO) headquartered in Wilmington, Massachusetts, United States. Founded in 1947, the company provides preclinical and clinical laboratory services for the development of new drugs, vaccines, and medical devices.

AMG vs CRL — Head-to-Head

Bigger by revenue
CRL
CRL
1.8× larger
CRL
$994.2M
$556.6M
AMG
Growing faster (revenue YoY)
AMG
AMG
+7.0% gap
AMG
6.2%
-0.8%
CRL
Higher net margin
AMG
AMG
90.2% more per $
AMG
62.4%
-27.8%
CRL
More free cash flow
AMG
AMG
$195.9M more FCF
AMG
$254.5M
$58.6M
CRL
Faster 2-yr revenue CAGR
AMG
AMG
Annualised
AMG
5.5%
-0.9%
CRL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AMG
AMG
CRL
CRL
Revenue
$556.6M
$994.2M
Net Profit
$347.5M
$-276.6M
Gross Margin
Operating Margin
94.4%
-28.5%
Net Margin
62.4%
-27.8%
Revenue YoY
6.2%
-0.8%
Net Profit YoY
114.2%
-28.9%
EPS (diluted)
$10.87
$-5.57

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMG
AMG
CRL
CRL
Q4 25
$556.6M
$994.2M
Q3 25
$528.0M
$1.0B
Q2 25
$493.2M
$1.0B
Q1 25
$496.6M
$984.2M
Q4 24
$524.3M
$1.0B
Q3 24
$516.4M
$1.0B
Q2 24
$500.3M
$1.0B
Q1 24
$499.9M
$1.0B
Net Profit
AMG
AMG
CRL
CRL
Q4 25
$347.5M
$-276.6M
Q3 25
$212.4M
$54.4M
Q2 25
$84.3M
$52.3M
Q1 25
$72.4M
$25.5M
Q4 24
$162.2M
$-214.5M
Q3 24
$123.6M
$69.7M
Q2 24
$76.0M
$94.1M
Q1 24
$149.8M
$73.0M
Gross Margin
AMG
AMG
CRL
CRL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
34.6%
Q2 24
34.5%
Q1 24
34.1%
Operating Margin
AMG
AMG
CRL
CRL
Q4 25
94.4%
-28.5%
Q3 25
68.7%
13.3%
Q2 25
34.8%
9.7%
Q1 25
25.5%
7.6%
Q4 24
52.2%
-16.7%
Q3 24
42.0%
11.6%
Q2 24
35.6%
14.8%
Q1 24
50.8%
12.5%
Net Margin
AMG
AMG
CRL
CRL
Q4 25
62.4%
-27.8%
Q3 25
40.2%
5.4%
Q2 25
17.1%
5.1%
Q1 25
14.6%
2.6%
Q4 24
30.9%
-21.4%
Q3 24
23.9%
6.9%
Q2 24
15.2%
9.2%
Q1 24
30.0%
7.2%
EPS (diluted)
AMG
AMG
CRL
CRL
Q4 25
$10.87
$-5.57
Q3 25
$6.87
$1.10
Q2 25
$2.80
$1.06
Q1 25
$2.20
$0.50
Q4 24
$4.95
$-4.17
Q3 24
$3.78
$1.33
Q2 24
$2.26
$1.74
Q1 24
$4.14
$1.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMG
AMG
CRL
CRL
Cash + ST InvestmentsLiquidity on hand
$586.0M
$213.8M
Total DebtLower is stronger
$2.7B
$2.1B
Stockholders' EquityBook value
$3.2B
$3.2B
Total Assets
$9.2B
$7.1B
Debt / EquityLower = less leverage
0.83×
0.68×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMG
AMG
CRL
CRL
Q4 25
$586.0M
$213.8M
Q3 25
$476.1M
$207.1M
Q2 25
$361.0M
$182.8M
Q1 25
$816.5M
$229.4M
Q4 24
$950.0M
$194.6M
Q3 24
$1.0B
$210.2M
Q2 24
$865.5M
$179.2M
Q1 24
$793.4M
$327.0M
Total Debt
AMG
AMG
CRL
CRL
Q4 25
$2.7B
$2.1B
Q3 25
$2.4B
$2.2B
Q2 25
$2.6B
$2.3B
Q1 25
$2.6B
$2.5B
Q4 24
$2.6B
$2.2B
Q3 24
$2.6B
$2.3B
Q2 24
$2.5B
$2.4B
Q1 24
$2.5B
$2.7B
Stockholders' Equity
AMG
AMG
CRL
CRL
Q4 25
$3.2B
$3.2B
Q3 25
$3.3B
$3.4B
Q2 25
$3.2B
$3.4B
Q1 25
$3.2B
$3.2B
Q4 24
$3.3B
$3.5B
Q3 24
$3.3B
$3.8B
Q2 24
$3.3B
$3.7B
Q1 24
$3.6B
$3.6B
Total Assets
AMG
AMG
CRL
CRL
Q4 25
$9.2B
$7.1B
Q3 25
$8.9B
$7.5B
Q2 25
$8.8B
$7.6B
Q1 25
$8.7B
$7.6B
Q4 24
$8.8B
$7.5B
Q3 24
$8.9B
$8.0B
Q2 24
$8.8B
$7.9B
Q1 24
$9.0B
$8.2B
Debt / Equity
AMG
AMG
CRL
CRL
Q4 25
0.83×
0.68×
Q3 25
0.71×
0.64×
Q2 25
0.81×
0.70×
Q1 25
0.82×
0.79×
Q4 24
0.78×
0.65×
Q3 24
0.79×
0.62×
Q2 24
0.76×
0.65×
Q1 24
0.70×
0.73×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMG
AMG
CRL
CRL
Operating Cash FlowLast quarter
$256.4M
$147.5M
Free Cash FlowOCF − Capex
$254.5M
$58.6M
FCF MarginFCF / Revenue
45.7%
5.9%
Capex IntensityCapex / Revenue
0.3%
8.9%
Cash ConversionOCF / Net Profit
0.74×
TTM Free Cash FlowTrailing 4 quarters
$967.1M
$518.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMG
AMG
CRL
CRL
Q4 25
$256.4M
$147.5M
Q3 25
$277.1M
$213.8M
Q2 25
$230.8M
$204.6M
Q1 25
$208.9M
$171.7M
Q4 24
$212.5M
$159.4M
Q3 24
$265.2M
$251.8M
Q2 24
$245.2M
$193.5M
Q1 24
$209.2M
$129.9M
Free Cash Flow
AMG
AMG
CRL
CRL
Q4 25
$254.5M
$58.6M
Q3 25
$275.9M
$178.2M
Q2 25
$229.4M
$169.3M
Q1 25
$207.3M
$112.4M
Q4 24
$211.4M
$83.7M
Q3 24
$264.5M
$213.1M
Q2 24
$244.6M
$154.0M
Q1 24
$208.2M
$50.7M
FCF Margin
AMG
AMG
CRL
CRL
Q4 25
45.7%
5.9%
Q3 25
52.3%
17.7%
Q2 25
46.5%
16.4%
Q1 25
41.7%
11.4%
Q4 24
40.3%
8.4%
Q3 24
51.2%
21.1%
Q2 24
48.9%
15.0%
Q1 24
41.6%
5.0%
Capex Intensity
AMG
AMG
CRL
CRL
Q4 25
0.3%
8.9%
Q3 25
0.2%
3.5%
Q2 25
0.3%
3.4%
Q1 25
0.3%
6.0%
Q4 24
0.2%
7.5%
Q3 24
0.1%
3.8%
Q2 24
0.1%
3.8%
Q1 24
0.2%
7.8%
Cash Conversion
AMG
AMG
CRL
CRL
Q4 25
0.74×
Q3 25
1.30×
3.93×
Q2 25
2.74×
3.91×
Q1 25
2.89×
6.74×
Q4 24
1.31×
Q3 24
2.15×
3.61×
Q2 24
3.23×
2.06×
Q1 24
1.40×
1.78×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMG
AMG

Segment breakdown not available.

CRL
CRL

Discovery And Safety Assessment Segment$591.6M60%
Manufacturing Support Segment$196.4M20%
Transferred At Point In Time$108.0M11%
Transferred Over Time$98.3M10%

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