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Side-by-side financial comparison of AFFILIATED MANAGERS GROUP, INC. (AMG) and Element Solutions Inc (ESI). Click either name above to swap in a different company.

Element Solutions Inc is the larger business by last-quarter revenue ($840.0M vs $556.6M, roughly 1.5× AFFILIATED MANAGERS GROUP, INC.). AFFILIATED MANAGERS GROUP, INC. runs the higher net margin — 62.4% vs 6.7%, a 55.8% gap on every dollar of revenue. On growth, Element Solutions Inc posted the faster year-over-year revenue change (41.0% vs 6.2%). AFFILIATED MANAGERS GROUP, INC. produced more free cash flow last quarter ($254.5M vs $-74.2M). Over the past eight quarters, Element Solutions Inc's revenue compounded faster (17.1% CAGR vs 5.5%).

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.

Element Solutions Inc is an American specialty chemicals production corporation listed on the New York Stock Exchange.

AMG vs ESI — Head-to-Head

Bigger by revenue
ESI
ESI
1.5× larger
ESI
$840.0M
$556.6M
AMG
Growing faster (revenue YoY)
ESI
ESI
+34.8% gap
ESI
41.0%
6.2%
AMG
Higher net margin
AMG
AMG
55.8% more per $
AMG
62.4%
6.7%
ESI
More free cash flow
AMG
AMG
$328.7M more FCF
AMG
$254.5M
$-74.2M
ESI
Faster 2-yr revenue CAGR
ESI
ESI
Annualised
ESI
17.1%
5.5%
AMG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AMG
AMG
ESI
ESI
Revenue
$556.6M
$840.0M
Net Profit
$347.5M
$56.0M
Gross Margin
38.4%
Operating Margin
94.4%
13.3%
Net Margin
62.4%
6.7%
Revenue YoY
6.2%
41.0%
Net Profit YoY
114.2%
-43.0%
EPS (diluted)
$10.87
$0.23

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
ESI
ESI
Q1 26
$840.0M
Q4 25
$556.6M
$676.2M
Q3 25
$528.0M
$656.1M
Q2 25
$493.2M
$625.2M
Q1 25
$496.6M
$593.7M
Q4 24
$524.3M
$624.2M
Q3 24
$516.4M
$645.0M
Q2 24
$500.3M
$612.7M
Net Profit
AMG
AMG
ESI
ESI
Q1 26
$56.0M
Q4 25
$347.5M
$6.2M
Q3 25
$212.4M
$39.3M
Q2 25
$84.3M
$47.4M
Q1 25
$72.4M
$98.0M
Q4 24
$162.2M
$54.7M
Q3 24
$123.6M
$40.3M
Q2 24
$76.0M
$93.2M
Gross Margin
AMG
AMG
ESI
ESI
Q1 26
38.4%
Q4 25
40.9%
Q3 25
42.2%
Q2 25
42.6%
Q1 25
42.2%
Q4 24
41.0%
Q3 24
41.5%
Q2 24
43.6%
Operating Margin
AMG
AMG
ESI
ESI
Q1 26
13.3%
Q4 25
94.4%
10.3%
Q3 25
68.7%
15.4%
Q2 25
34.8%
15.1%
Q1 25
25.5%
13.0%
Q4 24
52.2%
12.0%
Q3 24
42.0%
14.7%
Q2 24
35.6%
15.7%
Net Margin
AMG
AMG
ESI
ESI
Q1 26
6.7%
Q4 25
62.4%
0.9%
Q3 25
40.2%
6.0%
Q2 25
17.1%
7.6%
Q1 25
14.6%
16.5%
Q4 24
30.9%
8.8%
Q3 24
23.9%
6.2%
Q2 24
15.2%
15.2%
EPS (diluted)
AMG
AMG
ESI
ESI
Q1 26
$0.23
Q4 25
$10.87
$0.03
Q3 25
$6.87
$0.16
Q2 25
$2.80
$0.20
Q1 25
$2.20
$0.40
Q4 24
$4.95
$0.22
Q3 24
$3.78
$0.17
Q2 24
$2.26
$0.39

Balance Sheet & Financial Strength

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

Metric
AMG
AMG
ESI
ESI
Cash + ST InvestmentsLiquidity on hand
$586.0M
$177.3M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$3.2B
$2.7B
Total Assets
$9.2B
$5.7B
Debt / EquityLower = less leverage
0.83×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMG
AMG
ESI
ESI
Q1 26
$177.3M
Q4 25
$586.0M
$626.5M
Q3 25
$476.1M
$594.3M
Q2 25
$361.0M
$529.9M
Q1 25
$816.5M
$499.2M
Q4 24
$950.0M
$359.4M
Q3 24
$1.0B
$376.0M
Q2 24
$865.5M
$309.3M
Total Debt
AMG
AMG
ESI
ESI
Q1 26
Q4 25
$2.7B
$1.6B
Q3 25
$2.4B
$1.6B
Q2 25
$2.6B
$1.6B
Q1 25
$2.6B
$1.6B
Q4 24
$2.6B
$1.8B
Q3 24
$2.6B
$1.9B
Q2 24
$2.5B
$1.9B
Stockholders' Equity
AMG
AMG
ESI
ESI
Q1 26
$2.7B
Q4 25
$3.2B
$2.7B
Q3 25
$3.3B
$2.7B
Q2 25
$3.2B
$2.6B
Q1 25
$3.2B
$2.5B
Q4 24
$3.3B
$2.4B
Q3 24
$3.3B
$2.4B
Q2 24
$3.3B
$2.4B
Total Assets
AMG
AMG
ESI
ESI
Q1 26
$5.7B
Q4 25
$9.2B
$5.1B
Q3 25
$8.9B
$5.0B
Q2 25
$8.8B
$5.0B
Q1 25
$8.7B
$4.8B
Q4 24
$8.8B
$4.9B
Q3 24
$8.9B
$5.1B
Q2 24
$8.8B
$5.0B
Debt / Equity
AMG
AMG
ESI
ESI
Q1 26
Q4 25
0.83×
0.61×
Q3 25
0.71×
0.61×
Q2 25
0.81×
0.62×
Q1 25
0.82×
0.64×
Q4 24
0.78×
0.76×
Q3 24
0.79×
0.78×
Q2 24
0.76×
0.81×

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
ESI
ESI
Operating Cash FlowLast quarter
$256.4M
Free Cash FlowOCF − Capex
$254.5M
$-74.2M
FCF MarginFCF / Revenue
45.7%
-8.8%
Capex IntensityCapex / Revenue
0.3%
3.0%
Cash ConversionOCF / Net Profit
0.74×
TTM Free Cash FlowTrailing 4 quarters
$967.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMG
AMG
ESI
ESI
Q1 26
Q4 25
$256.4M
Q3 25
$277.1M
$100.1M
Q2 25
$230.8M
Q1 25
$208.9M
$26.0M
Q4 24
$212.5M
Q3 24
$265.2M
$98.5M
Q2 24
$245.2M
Free Cash Flow
AMG
AMG
ESI
ESI
Q1 26
$-74.2M
Q4 25
$254.5M
Q3 25
$275.9M
$83.6M
Q2 25
$229.4M
Q1 25
$207.3M
$15.0M
Q4 24
$211.4M
Q3 24
$264.5M
$85.9M
Q2 24
$244.6M
FCF Margin
AMG
AMG
ESI
ESI
Q1 26
-8.8%
Q4 25
45.7%
Q3 25
52.3%
12.7%
Q2 25
46.5%
Q1 25
41.7%
2.5%
Q4 24
40.3%
Q3 24
51.2%
13.3%
Q2 24
48.9%
Capex Intensity
AMG
AMG
ESI
ESI
Q1 26
3.0%
Q4 25
0.3%
2.5%
Q3 25
0.2%
2.5%
Q2 25
0.3%
2.8%
Q1 25
0.3%
1.9%
Q4 24
0.2%
3.6%
Q3 24
0.1%
2.0%
Q2 24
0.1%
2.4%
Cash Conversion
AMG
AMG
ESI
ESI
Q1 26
Q4 25
0.74×
Q3 25
1.30×
2.55×
Q2 25
2.74×
Q1 25
2.89×
0.27×
Q4 24
1.31×
Q3 24
2.15×
2.44×
Q2 24
3.23×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AMG
AMG

Segment breakdown not available.

ESI
ESI

Electronics ex-Metals$377.8M45%
Pass-through Metals$255.7M30%
Other$206.5M25%

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