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Dec 31, 2020
AMG Q4 2020 Earnings Report
AMG reported EPS of $2.54 and Economic EPS of $4.22.
Key Takeaways
AMG's Q4 2020 Adjusted EBITDA increased by 27% year-over-year, driven by strong investment performance and strategic investments. The company repurchased $226 million in shares during the quarter and completed investments in Boston Common Asset Management and Jackson Square Partners.
Adjusted EBITDA increased 27% year-over-year, driven by growth in both management and performance fee EBITDA contribution.
Completed investment in Boston Common Asset Management.
Completed investment in Jackson Square Partners.
Repurchased $226 million in shares during Q4.
Forward Guidance
AMG enters 2021 with significant momentum across our business, including strong investment performance in secular growth areas, increasing opportunities to invest in excellent partner-owned firms, and a highly liquid and flexible capital position.
Positive Outlook
- Strong investment performance in secular growth areas.
- Increasing opportunities to invest in excellent partner-owned firms.
- Highly liquid and flexible capital position.
- Enhanced earnings power of our business.
- Outstanding opportunity to create long-term value.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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