tiprankstipranks
Trending News
More News >
Man Group PLC (DE:M3N)
FRANKFURT:M3N
Germany Market

Man Group plc (M3N) Earnings Dates, Call Summary & Reports

Compare
4 Followers

Earnings Data

Report Date
Aug 04, 2026
Before Open (Confirmed)
Period Ending
2026 (Q2)
Consensus EPS Forecast
0.13
Last Year’s EPS
0.08
Same Quarter Last Year
Based on 8 Analysts Ratings

Earnings Call Summary

Q4 2025
Earnings Call Date:Feb 26, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presents a largely positive picture: record AUM, exceptional net inflows, increased run‑rate net management fees and clear progress on strategic priorities (diversification, credit expansion, product launches and AI partnerships). These positives were tempered by meaningful short‑term challenges — notably trend‑following underperformance in H1, lower performance fees versus 2024, margin compression from AUM mix shift and one‑off non‑core charges. Overall the firm emphasizes resilience, strategic progress and multi‑year optionality (performance fee backlog, seed program, strong client engagement), while acknowledging near‑term earnings and mix headwinds.
Company Guidance
Guidance-wise, Man Group said it will move from fixed cash-cost and compensation-ratio targets to managing to a core PBT margin range of 30–40% from 2026 (calibrated around a 35% average core PBT margin 2020–2025 and can fall outside in exceptional performance‑fee years), and introduced updated reporting categories (previous categorization to be provided through Q3). Key metrics cited alongside that guidance include AUM of $227.6bn (c. $228bn) driven by $21.4bn of investment performance and $28.7bn of net inflows, run‑rate net management fees of $1.182bn (highest in >10 years) with a run‑rate net management fee margin of 52bps (down from 63bps), net revenue of almost $1.4bn, performance fees of $281m, $38m investment gains, fixed cash costs of $430m, a 48% compensation ratio, core PBT of $407m and core management‑fee PBT of $294m (core management‑fee EPS $0.196), total core EPS $0.276 (performance‑fee EPS $0.08), proposed final dividend $0.115 (total dividend $0.172), NTA $723m (cash $173m), performance‑fee eligible AUM $59.6bn ($36.6bn at HWM, $17.4bn within 5%), a median Monte Carlo 2026 performance‑fee outcome of $471m (c.$350m accrued as of Feb 20), $4.9bn uncalled commitments, $603m gross seed investments (12 strategies seeded, $400m redeployed), and a capital‑allocation waterfall that remains dividend‑first with $300m returned to shareholders last year (including a $100m buyback at an average 182p).
Record AUM and Strong Net Flows
AUM ended the year at $227.6–$228.0 billion, up nearly $60.0 billion since the end of 2024, driven by $21.4 billion of positive investment performance and $28.7 billion of net inflows. Record gross and net inflows were nearly 20% ahead of the industry; the firm has taken market share for the sixth consecutive year.
Run‑rate Net Management Fees at Decade High
Run‑rate net management fees rose to $1.182 billion at end‑December 2025 from $1.058 billion at end‑2024, an increase of ~11.8%, the highest level in more than 10 years.
Diversification Driving Growth
Long‑only, liquid credit and other non‑AHL strategies drove positive asset‑weighted relative investment performance (1.3% in 2025 vs 1.0% in 2024). Long‑only AUM grew 97% year‑on‑year and long‑only strategies contributed $34.5 billion in net flows.
Strong Product Performance
Quant alpha delivered 21.3% net performance in 2025. Man 1783 produced 10.5% net annualized performance over the last 3 years. AHL Alpha and AHL Evolution finished the year up ~5%.
Performance Fee Optionality and Backlog
Performance fees were $281 million in 2025 (mostly from non‑AHL strategies). Performance fee eligible AUM was $59.6 billion with $36.6 billion at high watermark (up from $21.1 billion); the median simulated 12‑month performance fee outcome was $471 million (a 35% increase vs $349 million in 2021). As of Feb 20, ~ $350 million of performance fees had been accrued to crystallize in 2026.
Client Engagement and Organic Wins
Held over 16,000 client meetings; record new client additions with 36% of gross sales from relationships entirely new to the firm; top 50 clients invest in more than four strategies on average.
Strategic M&A, Product Development and Seed Program
Completed Bardin Hill acquisition to bolster credit capabilities; launched four active ETFs; seeded 12 strategies with gross seed investments of $603 million (79% liquid, 21% private); redeployed $400 million of seed capital.
Strong Balance Sheet and Capital Returns
Net tangible assets of $723 million including $173 million cash; returned approximately $300 million to shareholders in 2025 (dividends + $100 million buyback). Over the past 5 years returned $1.8 billion to shareholders (>50% of market cap at Dec 2025).
Expansion in Key Markets and Channels
North American annual gross flows nearly doubled from $10 billion to ~ $20 billion in two years; 24% increase in North American pension plan clients; credit platform expanded to $53.1 billion from $28.3 billion two years ago.

Man Group plc (DE:M3N) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

DE:M3N Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Aug 04, 2026
2026 (Q2)
0.13 / -
0.082
Feb 26, 2026
2025 (Q4)
0.10 / 0.13
0.11316.54% (+0.02)
Jul 30, 2025
2025 (Q2)
0.07 / 0.08
0.145-43.27% (-0.06)
Apr 17, 2025
2025 (Q1)
- / -
0.108
Feb 27, 2025
2024 (Q4)
0.10 / 0.11
0.1084.72% (<+0.01)
Jul 26, 2024
2024 (Q2)
0.14 / 0.15
0.07592.13% (+0.07)
Feb 29, 2024
2023 (Q4)
0.09 / 0.11
0.209-48.58% (-0.10)
Aug 01, 2023
2023 (Q2)
0.09 / 0.08
0.204-62.92% (-0.13)
Feb 28, 2023
2022 (Q4)
0.18 / 0.21
0.11680.29% (+0.09)
Aug 02, 2022
2022 (Q2)
0.16 / 0.20
0.15928.34% (+0.04)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

DE:M3N Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 26, 2026
€3.06€3.060.00%
Jul 30, 2025
€1.99€2.03+1.96%
Apr 17, 2025
€1.79€1.78-0.56%
Feb 27, 2025
€2.29€2.47+8.09%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Man Group PLC (DE:M3N) report earnings?
Man Group PLC (DE:M3N) is schdueled to report earning on Aug 04, 2026, Before Open (Confirmed).
    What is Man Group PLC (DE:M3N) earnings time?
    Man Group PLC (DE:M3N) earnings time is at Aug 04, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is the P/E ratio of Man Group PLC stock?
          The P/E ratio of Man Group plc is N/A.
            What is DE:M3N EPS forecast?
            DE:M3N EPS forecast for the fiscal quarter 2026 (Q2) is 0.13.