Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 Financials

MGRE

Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 (MGRE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 70/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064's revenue grew a modest 1.6% year-over-year to $2.1B. This slow but positive growth earns a score of 36/100.

Leverage

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 carries a low D/E ratio of 0.83, meaning only $0.83 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 85/100, indicating a strong balance sheet with room for future borrowing.

Cash Flow

100

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 converts 46.6% of revenue into free cash flow ($967.1M). This strong cash generation earns a score of 100/100.

Returns

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064's ROE of 22.1% shows moderate profitability relative to equity, earning a score of 60/100. This is up from 15.3% the prior year.

Piotroski F-Score Neutral

6/9

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 passes 6 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

1.36x

For every $1 of reported earnings, Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 generates $1.36 in operating cash flow ($973.2M OCF vs $716.6M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$2.1B

YoY+1.6%

5Y CAGR+0.5%

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 generated $2.1B in revenue in fiscal year 2025. This represents an increase of 1.6% from the prior year.

EBITDA

N/A

Net Income

$716.6M

YoY+40.1%

5Y CAGR+28.8%

10Y CAGR+3.5%

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 reported $716.6M in net income in fiscal year 2025. This represents an increase of 40.1% from the prior year.

EPS (Diluted)

$22.74

YoY+50.3%

5Y CAGR+39.3%

10Y CAGR+9.5%

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 earned $22.74 per diluted share (EPS) in fiscal year 2025. This represents an increase of 50.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$967.1M

YoY+4.1%

5Y CAGR-0.7%

10Y CAGR-1.9%

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 generated $967.1M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 4.1% from the prior year.

Cash & Debt

$586.0M

YoY-38.3%

5Y CAGR-10.8%

10Y CAGR+0.4%

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 held $586.0M in cash against $2.7B in long-term debt as of fiscal year 2025.

Dividends Per Share

$0.04

YoY+0.0%

5Y CAGR-35.2%

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 paid $0.04 per share in dividends in fiscal year 2025. This represents an increase of 0.0% from the prior year.

Shares Outstanding

27M

YoY-8.8%

5Y CAGR-14.5%

10Y CAGR-7.1%

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 had 27M shares outstanding in fiscal year 2025. This represents a decrease of 8.8% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

34.5%

YoY+9.5pp

5Y CAGR+24.6pp

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064's net profit margin was 34.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 9.5 percentage points from the prior year.

Return on Equity

22.1%

YoY+6.8pp

5Y CAGR+14.9pp

10Y CAGR+4.2pp

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064's ROE was 22.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 6.8 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$706.3M

YoY-0.5%

5Y CAGR+16.1%

10Y CAGR+5.5%

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 spent $706.3M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 0.5% from the prior year.

Capital Expenditures

$6.1M

YoY+79.4%

5Y CAGR-6.4%

10Y CAGR-16.8%

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 invested $6.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 79.4% from the prior year.

MGRE Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$2.1B+1.6%	$2.0B-0.8%	$2.1B-11.7%	$2.3B-3.4%	$2.4B+19.0%	$2.0B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$408.6M+8.5%	$376.5M+5.1%	$358.2M-7.1%	$385.5M+11.1%	$347.1M+8.0%	$321.4M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$136.5M+2.4%	$133.3M+7.7%	$123.8M+8.2%	$114.4M+2.7%	$111.4M+20.7%	$92.3M
Income Tax	$282.3M+54.6%	$182.6M-1.5%	$185.3M-48.3%	$358.3M+42.7%	$251.0M+208.4%	$81.4M
Net Income	$716.6M+40.1%	$511.6M-24.0%	$672.9M-41.3%	$1.1B+102.6%	$565.7M+179.8%	$202.2M
EPS (Diluted)	$22.74+50.3%	$15.13-13.1%	$17.42-31.3%	$25.35+94.3%	$13.05+201.4%	$4.33

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Revenue	$556.6M+5.4%	$528.0M+7.1%	$493.2M-0.7%	$496.6M-5.3%	$524.3M+1.5%	$516.4M+3.2%	$500.3M+0.1%	$499.9M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$117.7M+17.1%	$100.5M+5.0%	$95.7M+1.1%	$94.7M-3.8%	$98.4M+1.4%	$97.0M+8.5%	$89.4M-2.5%	$91.7M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$34.7M+4.5%	$33.2M-3.8%	$34.5M+1.2%	$34.1M-3.1%	$35.2M+1.4%	$34.7M+3.6%	$33.5M+12.0%	$29.9M
Income Tax	$147.6M+106.1%	$71.6M+100.6%	$35.7M+30.3%	$27.4M-47.9%	$52.6M+68.1%	$31.3M-27.7%	$43.3M-21.8%	$55.4M
Net Income	$347.5M+63.6%	$212.4M+152.0%	$84.3M+16.4%	$72.4M-55.4%	$162.2M+31.2%	$123.6M+62.6%	$76.0M-49.3%	$149.8M
EPS (Diluted)	N/A	$6.87+145.4%	$2.80+27.3%	$2.20	N/A	$3.78+67.3%	$2.26-45.4%	$4.14

MGRE Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$9.2B+4.3%	$8.8B-2.5%	$9.1B+2.0%	$8.9B+0.1%	$8.9B+12.5%	$7.9B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$586.0M-38.3%	$950.0M+16.8%	$813.6M+89.6%	$429.2M-52.8%	$908.5M-12.6%	$1.0B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$496.2M+21.1%	$409.7M+11.2%	$368.4M+16.6%	$316.0M-24.6%	$419.2M-0.6%	$421.6M
Goodwill	$2.5B+1.0%	$2.5B-0.7%	$2.5B-4.7%	$2.6B-1.5%	$2.7B+1.0%	$2.7B
Total Liabilities	$4.8B+14.4%	$4.2B+2.1%	$4.1B-3.4%	$4.2B-5.6%	$4.5B+15.2%	$3.9B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$2.7B+2.7%	$2.6B+3.3%	$2.5B+0.1%	$2.5B+1.8%	$2.5B+7.7%	$2.3B
Total Equity	$3.2B-3.2%	$3.3B-6.8%	$3.6B+11.1%	$3.2B+15.9%	$2.8B+0.2%	$2.8B
Retained Earnings	$7.6B+10.4%	$6.9B+8.0%	$6.4B+11.7%	$5.7B+25.1%	$4.6B+14.1%	$4.0B

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Total Assets	$9.2B+3.1%	$8.9B+1.4%	$8.8B+1.1%	$8.7B-1.3%	$8.8B-0.8%	$8.9B+0.7%	$8.8B-2.0%	$9.0B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$586.0M+23.1%	$476.1M+31.9%	$361.0M-55.8%	$816.5M-14.1%	$950.0M-6.0%	$1.0B+16.8%	$865.5M+9.1%	$793.4M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	$496.2M-25.7%	$667.7M+16.9%	$571.0M-1.8%	$581.7M+42.0%	$409.7M-10.4%	$457.1M0.0%	$457.2M-13.0%	$525.7M
Goodwill	$2.5B+0.1%	$2.5B-0.4%	$2.5B+1.0%	$2.5B+0.3%	$2.5B-1.1%	$2.5B+0.6%	$2.5B-0.1%	$2.5B
Total Liabilities	$4.8B+9.0%	$4.4B+1.3%	$4.3B+2.0%	$4.2B+1.6%	$4.2B-1.2%	$4.2B+1.0%	$4.2B+2.0%	$4.1B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$2.7B+13.5%	$2.4B-9.5%	$2.6B0.0%	$2.6B0.0%	$2.6B0.0%	$2.6B+3.7%	$2.5B0.0%	$2.5B
Total Equity	$3.2B-3.1%	$3.3B+3.2%	$3.2B+1.6%	$3.2B-4.7%	$3.3B+0.9%	$3.3B-0.4%	$3.3B-7.2%	$3.6B
Retained Earnings	$7.6B+4.8%	$7.3B+3.0%	$7.1B+1.2%	$7.0B+1.0%	$6.9B+2.4%	$6.7B+1.9%	$6.6B+1.2%	$6.5B

MGRE Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$973.2M+4.4%	$932.1M+6.6%	$874.3M-17.1%	$1.1B-16.2%	$1.3B+24.8%	$1.0B
Capital Expenditures	$6.1M+79.4%	$3.4M-72.6%	$12.4M+8.8%	$11.4M+35.7%	$8.4M-1.2%	$8.5M
Free Cash Flow	$967.1M+4.1%	$928.7M+7.8%	$861.9M-17.4%	$1.0B-16.6%	$1.3B+25.0%	$1.0B
Investing Cash Flow	-$206.1M-154.4%	$379.1M+43.3%	$264.5M+340.7%	-$109.9M+81.2%	-$583.7M-987.0%	-$53.7M
Financing Cash Flow	-$1.1B+2.3%	-$1.2B-55.1%	-$758.3M+45.9%	-$1.4B-75.7%	-$798.3M-75.3%	-$455.4M
Dividends Paid	$1.0M-28.6%	$1.4M-6.7%	$1.5M-6.3%	$1.6M-5.9%	$1.7M-89.9%	$16.8M
Share Buybacks	$706.3M-0.5%	$709.8M+107.6%	$341.9M-52.1%	$713.8M+19.9%	$595.3M+77.6%	$335.1M

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Operating Cash Flow	$256.4M-7.5%	$277.1M+20.1%	$230.8M+10.5%	$208.9M-1.7%	$212.5M-19.9%	$265.2M+8.2%	$245.2M+17.2%	$209.2M
Capital Expenditures	$1.9M+58.3%	$1.2M-14.3%	$1.4M-12.5%	$1.6M+45.5%	$1.1M+57.1%	$700K+16.7%	$600K-40.0%	$1.0M
Free Cash Flow	$254.5M-7.8%	$275.9M+20.3%	$229.4M+10.7%	$207.3M-1.9%	$211.4M-20.1%	$264.5M+8.1%	$244.6M+17.5%	$208.2M
Investing Cash Flow	$52.5M-80.6%	$270.7M+154.8%	-$493.7M-1286.8%	-$35.6M-518.8%	$8.5M-84.8%	$55.8M-76.8%	$240.3M+222.6%	$74.5M
Financing Cash Flow	-$200.1M+53.5%	-$430.2M-113.5%	-$201.5M+36.4%	-$316.9M-16.6%	-$271.8M-44.6%	-$188.0M+54.6%	-$413.8M-36.9%	-$302.3M
Dividends Paid	$200K-33.3%	$300K+50.0%	$200K-33.3%	$300K-25.0%	$400K+33.3%	$300K-25.0%	$400K+33.3%	$300K
Share Buybacks	$353.1M+366.4%	$75.7M-25.3%	$101.3M-42.5%	$176.2M+46.5%	$120.3M+14.7%	$104.9M-68.4%	$332.1M+117.8%	$152.5M

MGRE Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	34.5%+9.5pp	25.1%-7.6pp	32.7%-16.5pp	49.2%+25.7pp	23.4%+13.5pp	10.0%
Return on Equity	22.1%+6.8pp	15.3%-3.5pp	18.8%-16.7pp	35.5%+15.2pp	20.3%+13.0pp	7.3%
Return on Assets	7.8%+2.0pp	5.8%-1.6pp	7.4%-5.5pp	12.9%+6.5pp	6.4%+3.8pp	2.6%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.83+0.0	0.78+0.1	0.71-0.1	0.78-0.1	0.89+0.1	0.83
FCF Margin	46.6%+1.1pp	45.5%+3.6pp	41.9%-2.9pp	44.8%-7.1pp	51.8%+2.5pp	49.4%

Metric	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	62.4%+22.2pp	40.2%+23.1pp	17.1%+2.5pp	14.6%-16.4pp	30.9%+7.0pp	23.9%+8.7pp	15.2%-14.8pp	30.0%
Return on Equity	10.7%+4.4pp	6.3%+3.8pp	2.6%+0.3pp	2.3%-2.6pp	4.9%+1.1pp	3.7%+1.4pp	2.3%-1.9pp	4.2%
Return on Assets	3.8%+1.4pp	2.4%+1.4pp	1.0%+0.1pp	0.8%-1.0pp	1.8%+0.5pp	1.4%+0.5pp	0.9%-0.8pp	1.7%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.83+0.1	0.71-0.1	0.81-0.0	0.82+0.0	0.780.0	0.79+0.0	0.76+0.1	0.70
FCF Margin	45.7%-6.5pp	52.3%+5.7pp	46.5%+4.8pp	41.7%+1.4pp	40.3%-10.9pp	51.2%+2.3pp	48.9%+7.2pp	41.6%

Frequently Asked Questions

What is Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064's annual revenue?

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 (MGRE) reported $2.1B in total revenue for fiscal year 2025. This represents a 1.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064's revenue growing?

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 (MGRE) revenue grew by 1.6% year-over-year, from $2.0B to $2.1B in fiscal year 2025.

Is Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 profitable?

Yes, Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 (MGRE) reported a net income of $716.6M in fiscal year 2025, with a net profit margin of 34.5%.

What is Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064's earnings per share (EPS)?

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 (MGRE) reported diluted earnings per share of $22.74 for fiscal year 2025. This represents a 50.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

How much debt does Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 have?

As of fiscal year 2025, Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 (MGRE) had $586.0M in cash and equivalents against $2.7B in long-term debt.

What is Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064's net profit margin?

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 (MGRE) had a net profit margin of 34.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 pay dividends?

Yes, Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 (MGRE) paid $0.04 per share in dividends during fiscal year 2025.

What is Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064's return on equity (ROE)?

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 (MGRE) has a return on equity of 22.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064's free cash flow?

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 (MGRE) generated $967.1M in free cash flow during fiscal year 2025. This represents a 4.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064's operating cash flow?

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 (MGRE) generated $973.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064's total assets?

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 (MGRE) had $9.2B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064's capital expenditures?

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 (MGRE) invested $6.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 buy back shares?

Yes, Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 (MGRE) spent $706.3M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 have outstanding?

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 (MGRE) had 27M shares outstanding as of fiscal year 2025.

What is Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064's debt-to-equity ratio?

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 (MGRE) had a debt-to-equity ratio of 0.83 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064's return on assets (ROA)?

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 (MGRE) had a return on assets of 7.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064's Piotroski F-Score?

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 (MGRE) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064's earnings high quality?

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 (MGRE) has an earnings quality ratio of 1.36x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064?

Affiliated Managers Group 6 750 Junior Subordinated Notes Due 2064 (MGRE) scores 70 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.