With the US equity markets up just 2.3% in the third quarter, the 2.2% average stock gain recorded by the traditional US asset managers kept year-to-date average total returns for the group above the market's return (as represented by the S&P 500 TR index) at the end of September.
AMG's affiliate model provides it with a diverse product mix offering exposure to value and growth equity strategies, emerging-market equities, fixed-income, and alternatives.
AMG's more traditional equity performance (35% of EBITDA) has stumbled, with just 43%, 45%, and 62% of assets beating their benchmarks on a 3-, 5-, and 10-year basis, respectively, at the end of the second quarter of 2026.
|
Metric
|
AMG
|
IVZ
|
AB
|
|---|---|---|---|
Price/Earnings (Normalized) | 12.32 | 11.47 | 10.12 |
Price/Book Value | 3.39 | 1.28 | 2.63 |
Price/Sales | 5.31 | 1.90 | 9.44 |
Price/Cash Flow | 12.11 | 7.12 | 10.38 |
|
Metric
|
AMG
|
IVZ
|
AB
|
|---|---|---|---|
Quick Ratio | 1.24 | 6.82 | — |
Current Ratio | 1.24 | 6.82 | — |
Interest Coverage | 10.46 | −2.05 | — |
|
Metric
|
AMG
|
IVZ
|
AB
|
|---|---|---|---|
Return on Assets (Normalized) | 9.81% | 4.12% | 65.27% |
Return on Equity (Normalized) | 28.14% | 11.11% | 65.32% |
Return on Invested Capital (Normalized) | 14.21% | 5.80% | — |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| BlackRock Inc
BLK
| LOCK|<>k^ZjK | LOCK|@%! | $176B | |||
| Blackstone Inc
BX
| LOCK|ZMq!lL | LOCK|l> | $95B | |||
| KKR & Co Inc Ordinary Shares
KKR
| LOCK|#g<z$& | LOCK|W@^p | $84B | |||
| Brookfield Asset Management Ltd Ordinary Shares - Class A
BAM
| LOCK|p#f?&C | LOCK|%@<% | $76B | |||
| Apollo Global Management Inc
APO
| LOCK|?%>@^sM | LOCK|>dztZ | $68B | |||
| State Street Corp
STT
| LOCK|W?JqsL! | LOCK|B# | $46B | |||
| Ameriprise Financial Inc
AMP
| LOCK|%B&?WQ | LOCK|t^X! | $44B | |||
| Raymond James Financial Inc
RJF
| LOCK|q%P^K& | LOCK|@Mb& | $31B | |||
| Northern Trust Corp
NTRS
| LOCK|<B<YQw<& | LOCK|qk | $30B | |||
| Ares Management Corp Ordinary Shares - Class A
ARES
| LOCK|?Xh$<? | LOCK|!!?x< | $28B |
United States