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Cohen & Steers (CNS) Financials

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$79.23 -1.31 (-1.63%)
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Annual Income Statements for Cohen & Steers

Annual Income Statements for Cohen & Steers

This table shows Cohen & Steers' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders
151 129 171 211 77 135 114 92 93 65
Consolidated Net Income / (Loss)
163 137 149 226 75 147 110 92 93 64
Net Income / (Loss) Continuing Operations
163 137 149 226 75 147 110 92 93 64
Total Pre-Tax Income
210 180 197 282 93 188 144 160 143 113
Total Revenue
534 494 542 603 423 433 367 381 356 326
Net Interest Income / (Expense)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Income
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Non-Interest Income
534 494 542 603 423 433 367 381 356 326
Net Realized & Unrealized Capital Gains on Investments
17 4.29 -25 19 -4.12 22 -14 2.02 4.99 -2.65
Other Non-Interest Income
517 490 567 584 428 411 381 379 351 -
Total Non-Interest Expense
345 325 351 323 332 251 234 224 216 201
Salaries and Employee Benefits
218 200 209 195 156 143 131 124 116 108
Insurance Policy Acquisition Costs
57 54 83 76 115 55 50 53 53 36
Other Operating Expenses
60 67 55 48 56 48 48 42 43 51
Depreciation Expense
9.29 4.11 4.38 4.09 4.65 4.40 4.47 4.32 4.25 6.21
Nonoperating Income / (Expense), net
20 11 6.07 2.79 2.45 5.74 11 3.63 2.90 -12
Income Tax Expense
47 44 47 56 18 41 34 68 51 48
Net Income / (Loss) Attributable to Noncontrolling Interest
12 7.56 -22 15 -1.42 12 -4.37 0.55 -0.13 -0.21
Basic Earnings per Share
$3.00 $2.62 $3.51 $4.38 $1.60 $2.85 $2.43 $1.98 $2.02 $1.42
Weighted Average Basic Shares Outstanding
50.41M 49.31M 48.78M 48.32M 47.80M 47.27M 46.79M 46.35M 45.95M 45.43M
Diluted Earnings per Share
$2.97 $2.60 $3.47 $4.31 $1.57 $2.79 $2.40 $1.96 $2.00 $1.41
Weighted Average Diluted Shares Outstanding
50.94M 49.55M 49.30M 49.09M 48.68M 48.30M 47.38M 46.98M 46.43M 45.90M
Weighted Average Basic & Diluted Shares Outstanding
50.97M 49.52M 49.10M 48.67M 48.23M 47.20M 46.90M 46.40M 46M 45.50M
Cash Dividends to Common per Share
$2.36 $2.28 $2.20 $3.05 $2.56 $3.44 $3.82 $2.12 $1.54 $1.50

Quarterly Income Statements for Cohen & Steers

This table shows Cohen & Steers' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
40 40 32 31 32 32 35 32 45
Consolidated Net Income / (Loss)
43 55 30 45 25 33 36 37 40
Net Income / (Loss) Continuing Operations
43 55 30 45 25 33 36 37 40
Total Pre-Tax Income
53 68 41 56 36 43 47 50 55
Total Revenue
138 152 120 136 114 121 126 131 134
Net Interest Income / (Expense)
0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Interest Income
0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Interest Expense
0.00 0.00 0.00 - 0.00 0.00 0.00 - 0.00
Total Non-Interest Income
138 152 120 136 114 121 126 131 134
Net Realized & Unrealized Capital Gains on Investments
3.55 19 -2.02 13 -10 0.36 -0.31 5.82 -5.92
Other Non-Interest Income
134 133 122 123 124 121 126 125 140
Total Non-Interest Expense
89 88 83 80 83 80 81 79 83
Salaries and Employee Benefits
55 56 53 46 53 49 49 49 52
Other Operating Expenses
32 30 28 -21 29 30 31 -54 30
Depreciation Expense
2.36 2.34 2.27 0.21 0.80 0.84 0.99 1.15 1.14
Nonoperating Income / (Expense), net
4.20 3.73 4.57 0.24 4.90 2.29 1.94 -3.00 3.95
Income Tax Expense
9.66 12 11 11 11 11 10 13 16
Net Income / (Loss) Attributable to Noncontrolling Interest
3.51 16 -1.69 13 -6.97 0.73 0.98 4.38 -4.96
Basic Earnings per Share
$0.78 $0.78 $0.63 $0.64 $0.65 $0.64 $0.72 $0.68 $0.91
Weighted Average Basic Shares Outstanding
51.06M 50.78M 50.42M 49.31M 49.35M 49.32M 49.20M 48.78M 48.82M
Diluted Earnings per Share
$0.77 $0.77 $0.63 $0.63 $0.65 $0.64 $0.71 $0.66 $0.90
Weighted Average Diluted Shares Outstanding
51.42M 51.43M 50.77M 49.55M 49.62M 49.46M 49.40M 49.30M 49.32M
Weighted Average Basic & Diluted Shares Outstanding
50.98M 50.56M 50.55M 49.52M 49.14M 49.13M 50.54M 49.10M 48.71M
Cash Dividends to Common per Share
$0.62 $0.59 $0.59 - $0.57 $0.57 $0.57 - $0.55

Annual Cash Flow Statements for Cohen & Steers

This table details how cash moves in and out of Cohen & Steers' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents
-4.86 -62 68 145 -61 7.26 -99 9.54 43 19
Net Cash From Operating Activities
97 172 62 243 89 141 73 64 115 90
Net Cash From Continuing Operating Activities
97 172 62 243 89 141 73 64 115 90
Net Income / (Loss) Continuing Operations
163 137 149 226 75 147 110 92 93 64
Consolidated Net Income / (Loss)
163 137 149 226 75 147 110 92 93 64
Depreciation Expense
11 5.14 5.67 5.72 6.15 4.98 4.47 4.32 4.25 6.21
Amortization Expense
4.65 13 12 10 10 10 11 10 3.36 -
Non-Cash Adjustments to Reconcile Net Income
37 40 75 24 21 6.24 28 12 18 46
Changes in Operating Assets and Liabilities, net
-119 -22 -180 -23 -23 -27 -80 -55 -3.22 -26
Net Cash From Investing Activities
-120 -115 -2.86 48 -1.77 36 -53 5.71 2.90 0.40
Net Cash From Continuing Investing Activities
-120 -115 -2.86 48 -1.77 36 -53 5.71 2.90 0.40
Purchase of Property, Leasehold Improvements and Equipment
-12 -57 -4.22 -2.70 -2.50 -2.75 -3.47 -3.24 -10 -2.43
Purchase of Investment Securities
-417 -169 -145 -54 -71 -51 -64 -17 -8.10 -5.66
Sale and/or Maturity of Investments
309 112 147 104 72 90 14 26 21 8.49
Net Cash From Financing Activities
18 -119 8.98 -145 -149 -170 -118 -60 -75 -71
Net Cash From Continuing Financing Activities
18 -119 8.98 -145 -149 -170 -118 -60 -75 -71
Issuance of Common Equity
70 1.06 1.04 1.00 0.86 0.74 0.60 0.64 0.64 0.54
Repurchase of Common Equity
-21 -22 -27 -23 -26 -10 -11 -9.14 -8.04 -19
Payment of Dividends
-119 -112 -107 -148 -122 -163 -179 -98 -71 -68
Other Financing Activities, Net
89 14 142 24 -1.33 2.24 71 46 3.68 16

Quarterly Cash Flow Statements for Cohen & Steers

This table details how cash moves in and out of Cohen & Steers' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
-117 71 -9.89 52 -44 27 -96 80 41
Net Cash From Operating Activities
-109 35 26 59 75 54 -15 58 52
Net Cash From Continuing Operating Activities
-109 35 26 59 75 54 -15 58 52
Net Income / (Loss) Continuing Operations
43 43 55 43 25 33 36 37 40
Consolidated Net Income / (Loss)
43 43 55 43 25 33 36 37 40
Depreciation Expense
2.83 2.87 2.74 1.77 1.03 1.08 1.26 1.52 1.43
Amortization Expense
1.82 1.42 -0.27 14 -8.97 4.03 3.95 3.54 2.71
Non-Cash Adjustments to Reconcile Net Income
14 17 -9.81 -7.88 27 7.68 13 15 6.23
Changes in Operating Assets and Liabilities, net
-171 -29 -22 8.52 30 8.39 -70 0.91 2.43
Net Cash From Investing Activities
2.00 23 -39 13 -97 3.79 -35 42 -1.31
Net Cash From Continuing Investing Activities
2.00 23 -39 13 -97 3.79 -35 42 -1.31
Purchase of Property, Leasehold Improvements and Equipment
-1.08 -1.68 -1.41 -11 -26 -16 -4.59 -1.28 -1.39
Purchase of Investment Securities
-76 -80 -105 -37 -87 -6.68 -39 -13 -59
Sale and/or Maturity of Investments
79 104 67 61 16 26 8.12 56 59
Net Cash From Financing Activities
-11 13 3.56 -20 -22 -31 -47 -20 -9.97
Net Cash From Continuing Financing Activities
-11 13 3.56 -20 -22 -31 -47 -20 -9.97
Issuance of Common Equity
0.33 0.19 0.26 0.16 0.23 0.29 0.39 0.16 0.20
Repayment of Debt
-0.02 - - - - - -0.60 - -
Repurchase of Common Equity
-26 -1.54 -0.07 -0.86 -0.05 -0.19 -20 -0.94 -0.11
Payment of Dividends
-32 -30 -30 -28 -28 -28 -28 -27 -27
Other Financing Activities, Net
47 44 33 8.29 5.92 -2.58 2.24 7.48 17
Effect of Exchange Rate Changes
0.47 - - - - - - - -

Annual Balance Sheets for Cohen & Steers

This table presents Cohen & Steers' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets
812 737 673 493 348 402 481 410 334 305
Cash and Due from Banks
183 187 247 184 41 101 93 193 183 143
Trading Account Securities
335 259 173 155 155 155 225 108 55 71
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Customer and Other Receivables
76 74 69 88 75 61 - - - -
Premises and Equipment, Net
69 66 8.76 8.94 10 12 14 15 16 9.78
Intangible Assets
19 19 19 20 20 20 20 20 19 19
Other Assets
131 131 156 37 47 53 130 73 61 62
Total Liabilities & Shareholders' Equity
812 737 673 493 348 402 481 410 334 305
Total Liabilities
237 244 246 148 124 135 144 87 67 62
Short-Term Debt
6.71 5.32 8.59 0.93 13 23 32 29 16 17
Other Short-Term Payables
71 66 78 - 56 48 44 41 35 31
Other Long-Term Liabilities
160 172 160 147 54 65 68 16 16 14
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
53 106 85 89 51 53 114 48 0.85 11
Total Equity & Noncontrolling Interests
521 386 342 255 174 214 223 276 266 232
Total Preferred & Common Equity
512 381 338 255 174 214 223 276 266 232
Total Common Equity
512 381 338 255 174 214 223 276 266 232
Common Stock
944 819 770 716 671 637 603 571 544 520
Retained Earnings
-129 -158 -171 -232 -292 -242 -208 -138 -128 -148
Treasury Stock
-293 -272 -250 -223 -201 -175 -164 -154 -145 -137
Accumulated Other Comprehensive Income / (Loss)
-10 -7.71 -11 -5.89 -4.13 -6.33 -7.32 -3.67 -5.89 -3.84
Noncontrolling Interest
9.73 4.96 4.05 0.00 - - - - - -

Quarterly Balance Sheets for Cohen & Steers

This table presents Cohen & Steers' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 9/30/2023 6/30/2023 3/31/2024 9/30/2022
Total Assets
835 728 784 674 625 681 506
Cash and Due from Banks
65 106 122 133 178 100 162
Trading Account Securities
473 321 371 257 188 273 202
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Customer and Other Receivables
3.87 2.45 3.66 2.81 2.57 17 2.93
Premises and Equipment, Net
68 70 70 52 36 68 8.62
Intangible Assets
19 20 19 19 19 19 18
Other Assets
206 209 198 210 200 204 113
Total Liabilities & Shareholders' Equity
835 728 784 674 625 681 506
Total Liabilities
194 215 200 218 181 206 113
Short-Term Debt
11 2.82 1.24 2.71 1.26 29 12
Other Short-Term Payables
20 49 33 - - 17 62
Other Long-Term Liabilities
162 164 165 215 180 160 39
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
122 14 115 84 86 91 78
Total Equity & Noncontrolling Interests
520 498 470 372 358 384 316
Total Preferred & Common Equity
508 491 463 367 353 379 316
Total Common Equity
508 491 463 367 353 379 316
Common Stock
956 932 917 807 795 833 756
Retained Earnings
-122 -144 -153 -159 -162 -154 -176
Treasury Stock
-319 -291 -291 -271 -271 -291 -249
Accumulated Other Comprehensive Income / (Loss)
-7.92 -5.41 -8.87 -10 -8.54 -8.69 -15
Noncontrolling Interest
12 7.05 6.66 5.58 5.24 4.98 -

Annual Metrics And Ratios for Cohen & Steers

This table displays calculated financial ratios and metrics derived from Cohen & Steers' official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
8.11% -8.84% -10.09% 42.32% -2.10% 17.90% -3.64% 6.80% 9.35% 3.17%
EBITDA Growth
10.10% -10.44% -29.48% 175.33% -45.53% 33.07% -13.72% 15.76% 12.97% 0.52%
EBIT Growth
12.26% -11.56% -31.64% 206.96% -49.98% 36.93% -15.30% 11.57% 12.49% 0.74%
NOPAT Growth
15.08% -11.72% -35.30% 205.91% -48.63% 40.88% 11.89% -0.60% 27.58% -7.38%
Net Income Growth
19.17% -8.61% -33.90% 200.88% -48.86% 34.21% 18.42% -0.35% 44.26% -15.05%
EPS Growth
14.23% -25.07% -19.49% 174.52% -43.73% 16.25% 22.45% -2.00% 41.84% -14.55%
Operating Cash Flow Growth
-43.77% 178.80% -74.61% 172.35% -36.95% 94.83% 12.99% -44.11% 28.02% 64.52%
Free Cash Flow Firm Growth
-2.95% 19.90% -53.22% -6.45% -43.77% 161.83% 320.67% -70.75% 36.28% -26.27%
Invested Capital Growth
16.80% 14.34% 26.15% 45.02% -17.81% -21.52% 4.64% 24.87% 8.46% 8.64%
Revenue Q/Q Growth
0.00% 0.47% -6.12% 7.63% 2.57% 7.15% -4.28% 1.54% 4.67% -2.16%
EBITDA Q/Q Growth
0.00% 5.55% -13.93% 56.82% -31.46% 14.59% -13.35% 9.72% 9.24% -6.50%
EBIT Q/Q Growth
0.00% -0.25% -15.42% 49.13% -37.43% 15.99% -11.61% 1.55% 9.36% -6.73%
NOPAT Q/Q Growth
0.00% 1.29% -17.45% 44.38% -34.41% 15.53% 0.16% -7.73% 17.34% -8.27%
Net Income Q/Q Growth
0.00% 4.40% -18.11% 43.91% -33.01% 9.43% 4.28% -5.50% 17.55% -4.23%
EPS Q/Q Growth
0.00% -2.26% -15.78% 48.62% -35.39% 8.98% 3.90% -6.22% 17.65% -4.08%
Operating Cash Flow Q/Q Growth
-19.72% 0.32% -18.39% 40.43% -42.41% 32.13% -21.88% -0.91% 39.85% -13.67%
Free Cash Flow Firm Q/Q Growth
0.00% -9.55% -56.20% 10.44% -26.15% 10.21% 115.52% 118.30% 71.36% -54.10%
Invested Capital Q/Q Growth
0.00% 8.49% 7.51% -2.55% -21.92% -20.05% -16.17% -6.85% -2.57% 3.08%
Profitability Metrics
- - - - - - - - - -
EBITDA Margin
38.44% 37.75% 38.42% 48.98% 25.32% 45.51% 40.32% 45.03% 41.55% 40.22%
EBIT Margin
35.48% 34.17% 35.22% 46.32% 21.48% 42.04% 36.19% 41.18% 39.41% 38.31%
Profit (Net Income) Margin
30.49% 27.66% 27.59% 37.53% 17.75% 33.98% 29.86% 24.29% 26.03% 19.73%
Tax Burden Percent
77.69% 75.79% 75.92% 80.21% 80.49% 78.37% 76.17% 57.66% 64.72% 57.06%
Interest Burden Percent
110.60% 106.80% 103.18% 101.00% 102.69% 103.16% 108.29% 102.32% 102.06% 90.27%
Effective Tax Rate
22.31% 24.21% 24.08% 19.79% 19.51% 21.63% 23.83% 42.34% 35.28% 42.94%
Return on Invested Capital (ROIC)
27.27% 27.40% 37.11% 76.77% 27.74% 43.26% 28.02% 28.46% 33.50% 28.50%
ROIC Less NNEP Spread (ROIC-NNEP)
286.69% 152.61% 133.93% 108.49% 38.76% 59.67% 55.20% 37.72% 44.81% -20.21%
Return on Net Nonoperating Assets (RNNOA)
3.23% 2.31% 1.65% 2.69% 2.81% 5.42% 5.16% 2.89% 2.92% -1.22%
Return on Equity (ROE)
30.50% 29.71% 38.76% 79.46% 30.55% 48.67% 33.18% 31.35% 36.41% 27.28%
Cash Return on Invested Capital (CROIC)
11.77% 14.03% 13.99% 40.03% 47.29% 67.37% 23.48% 6.34% 25.38% 20.21%
Operating Return on Assets (OROA)
24.46% 23.94% 32.73% 66.38% 24.22% 41.16% 29.80% 42.15% 43.97% 42.63%
Return on Assets (ROA)
21.02% 19.38% 25.64% 53.77% 20.02% 33.27% 24.58% 24.87% 29.05% 21.96%
Return on Common Equity (ROCE)
25.51% 23.22% 29.79% 59.94% 24.09% 35.17% 25.04% 28.77% 35.54% 26.59%
Return on Equity Simple (ROE_SIMPLE)
31.81% 35.83% 44.29% 88.62% 43.14% 68.78% 49.19% 33.57% 34.92% 27.76%
Net Operating Profit after Tax (NOPAT)
147 128 145 224 73 142 101 90 91 71
NOPAT Margin
27.56% 25.90% 26.74% 37.16% 17.29% 32.94% 27.57% 23.74% 25.51% 21.86%
Net Nonoperating Expense Percent (NNEP)
-259.42% -125.21% -96.82% -31.72% -11.02% -16.41% -27.18% -9.26% -11.31% 48.71%
SG&A Expenses to Revenue
40.82% 40.53% 38.54% 32.43% 36.95% 33.16% 35.79% 32.59% 32.43% 33.04%
Operating Expenses to Revenue
64.52% 65.83% 64.78% 53.68% 78.52% 57.96% 63.81% 58.82% 60.59% 61.69%
Earnings before Interest and Taxes (EBIT)
189 169 191 279 91 182 133 157 141 125
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
205 186 208 295 107 197 148 171 148 131
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
9.12 9.48 8.71 15.81 17.78 11.61 5.69 5.67 3.94 3.89
Price to Tangible Book Value (P/TBV)
9.47 9.99 9.23 17.14 20.15 12.78 6.24 6.13 4.24 4.25
Price to Revenue (P/Rev)
8.74 7.32 5.43 6.70 7.32 5.74 3.45 4.11 2.94 2.76
Price to Earnings (P/E)
30.86 28.01 17.19 19.09 40.45 18.43 11.12 17.01 11.26 13.96
Dividend Yield
2.56% 3.10% 4.55% 2.15% 2.41% 2.74% 4.87% 3.32% 5.61% 6.30%
Earnings Yield
3.24% 3.57% 5.82% 5.24% 2.47% 5.43% 8.99% 5.88% 8.88% 7.16%
Enterprise Value to Invested Capital (EV/IC)
7.83 7.12 6.41 11.42 13.11 8.48 3.58 4.10 3.12 3.02
Enterprise Value to Revenue (EV/Rev)
8.53 7.18 5.15 6.54 7.37 5.68 3.60 3.80 2.47 2.41
Enterprise Value to EBITDA (EV/EBITDA)
22.19 19.01 13.41 13.35 29.11 12.48 8.92 8.44 5.94 6.00
Enterprise Value to EBIT (EV/EBIT)
24.04 21.00 14.63 14.12 34.31 13.51 9.94 9.23 6.26 6.30
Enterprise Value to NOPAT (EV/NOPAT)
30.95 27.71 19.27 17.60 42.63 17.24 13.05 16.01 9.68 11.04
Enterprise Value to Operating Cash Flow (EV/OCF)
47.11 20.61 45.25 16.23 34.99 17.36 18.18 22.52 7.65 8.77
Enterprise Value to Free Cash Flow (EV/FCFF)
71.70 54.13 51.12 33.76 25.01 11.07 15.58 71.83 12.77 15.57
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.01 0.01 0.02 0.00 0.06 0.08 0.10 0.09 0.06 0.07
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
0.01 0.02 0.01 0.02 0.07 0.09 0.09 0.08 0.07 0.06
Leverage Ratio
1.45 1.53 1.51 1.48 1.53 1.46 1.35 1.26 1.25 1.24
Compound Leverage Factor
1.60 1.64 1.56 1.49 1.57 1.51 1.46 1.29 1.28 1.12
Debt to Total Capital
1.15% 1.07% 1.97% 0.27% 5.53% 7.79% 8.74% 8.34% 5.60% 6.66%
Short-Term Debt to Total Capital
1.15% 1.07% 1.97% 0.27% 5.53% 7.79% 8.74% 8.34% 5.60% 6.66%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
10.86% 22.38% 20.52% 25.82% 21.28% 18.44% 30.94% 13.55% 0.30% 4.35%
Common Equity to Total Capital
87.98% 76.56% 77.50% 73.91% 73.19% 73.77% 60.32% 78.11% 94.10% 88.99%
Debt to EBITDA
0.03 0.03 0.04 0.00 0.12 0.11 0.22 0.17 0.11 0.13
Net Debt to EBITDA
-0.86 -0.98 -1.15 -0.62 -0.26 -0.40 -0.41 -0.96 -1.13 -0.96
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
0.05 0.04 0.06 0.00 0.18 0.16 0.32 0.33 0.17 0.24
Net Debt to NOPAT
-1.20 -1.42 -1.65 -0.82 -0.38 -0.55 -0.60 -1.81 -1.84 -1.76
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio
16.36% 21.84% 23.15% 24.56% 21.15% 27.75% 24.54% 8.25% 2.39% 2.53%
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
64 65 55 117 125 222 85 20 69 51
Operating Cash Flow to CapEx
829.88% 301.76% 1,460.57% 9,013.02% 3,564.59% 5,139.72% 2,092.16% 1,981.89% 1,128.92% 3,699.88%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.69 0.70 0.93 1.43 1.13 0.98 0.82 1.02 1.12 1.11
Fixed Asset Turnover
7.91 13.16 61.24 62.52 37.10 32.53 25.17 24.56 27.69 31.09
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
582 498 436 345 238 290 369 353 282 260
Invested Capital Turnover
0.99 1.06 1.39 2.07 1.60 1.31 1.02 1.20 1.31 1.30
Increase / (Decrease) in Invested Capital
84 62 90 107 -52 -79 16 70 22 21
Enterprise Value (EV)
4,555 3,544 2,791 3,941 3,121 2,456 1,320 1,447 880 787
Market Capitalization
4,669 3,615 2,941 4,036 3,098 2,481 1,266 1,564 1,047 901
Book Value per Share
$10.12 $7.76 $6.93 $5.29 $3.65 $4.52 $4.76 $5.95 $5.79 $5.10
Tangible Book Value per Share
$9.75 $7.36 $6.54 $4.88 $3.22 $4.11 $4.34 $5.51 $5.38 $4.67
Total Capital
582 498 436 345 238 290 369 353 282 260
Total Debt
6.71 5.32 8.59 0.93 13 23 32 29 16 17
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-176 -182 -239 -183 -28 -79 -60 -164 -167 -125
Capital Expenditures (CapEx)
12 57 4.22 2.70 2.50 2.75 3.47 3.24 10 2.43
Net Nonoperating Expense (NNE)
-16 -8.70 -4.60 -2.24 -1.97 -4.50 -8.38 -2.10 -1.88 6.94
Net Nonoperating Obligations (NNO)
6.71 5.32 8.59 0.93 13 23 32 29 16 17
Total Depreciation and Amortization (D&A)
16 18 17 16 16 15 15 15 7.61 6.21
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$3.00 $2.62 $3.51 $4.38 $1.60 $2.85 $2.43 $1.98 $2.02 $1.42
Adjusted Weighted Average Basic Shares Outstanding
50.41M 49.31M 48.78M 48.32M 47.80M 47.27M 46.79M 46.35M 45.95M 45.43M
Adjusted Diluted Earnings per Share
$2.97 $2.60 $3.47 $4.31 $1.57 $2.79 $2.40 $1.96 $2.00 $1.41
Adjusted Weighted Average Diluted Shares Outstanding
50.94M 49.55M 49.30M 49.09M 48.68M 48.30M 47.38M 46.98M 46.43M 45.90M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
50.97M 49.52M 49.10M 48.67M 48.23M 47.76M 47.22M 46.74M 46.29M 45.82M
Normalized Net Operating Profit after Tax (NOPAT)
147 128 145 224 73 142 101 90 91 71
Normalized NOPAT Margin
27.56% 25.90% 26.74% 37.16% 17.29% 32.94% 27.57% 23.74% 25.51% 21.86%
Pre Tax Income Margin
39.24% 36.49% 36.34% 46.79% 22.06% 43.36% 39.19% 42.13% 40.23% 34.58%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
73.21% 82.31% 71.81% 65.25% 162.96% 110.70% 163.33% 106.30% 76.31% 105.97%
Augmented Payout Ratio
86.18% 98.08% 89.75% 75.24% 197.47% 117.78% 173.00% 116.18% 84.97% 135.86%

Quarterly Metrics And Ratios for Cohen & Steers

This table displays calculated financial ratios and metrics derived from Cohen & Steers' official financial filings.

Metric Q1 2025 Q3 2024 Q2 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - -
Revenue Growth
11.58% 33.86% -1.06% 3.36% -15.18% 1.79% -20.27% -21.23% -12.84%
EBITDA Growth
17.18% 189.89% -16.53% 22.80% -58.71% 26.83% -15.02% -36.89% -22.82%
EBIT Growth
18.19% 107.20% -11.68% 5.54% -39.89% 27.07% -18.27% -39.81% -24.41%
NOPAT Growth
27.19% 140.51% -13.23% 13.35% -40.96% 30.72% -23.64% -44.09% -26.66%
Net Income Growth
25.79% 119.65% -7.47% 20.71% -36.46% 24.31% -22.51% -47.26% -22.91%
EPS Growth
13.24% 18.46% -1.56% -4.55% -27.78% -39.62% -16.47% -49.62% -14.29%
Operating Cash Flow Growth
-2,340.35% -65.68% 0.00% 0.94% 42.45% -6.93% 85.94% -19.33% -35.24%
Free Cash Flow Firm Growth
-214.49% 87.17% -256.88% 64.62% -129.10% 147.58% 121.52% -37.46% -1,920.71%
Invested Capital Growth
0.00% 12.28% 31.56% 14.34% 13.30% -8.57% -1.81% 26.15% 14.35%
Revenue Q/Q Growth
0.00% 27.13% 0.00% 19.25% -6.04% -2.19% -4.10% -2.15% 12.77%
EBITDA Q/Q Growth
0.00% 71.58% 0.00% 209.49% -50.59% 1.62% -13.62% 4.06% 51.76%
EBIT Q/Q Growth
0.00% 75.48% 0.00% 80.13% -25.20% -0.13% -15.21% 2.60% 58.11%
NOPAT Q/Q Growth
0.00% 95.50% 0.00% 104.12% -29.47% -1.74% -11.06% 6.33% 56.16%
Net Income Q/Q Growth
0.00% 83.80% 0.00% 76.89% -22.57% -5.55% -1.58% -6.90% 51.49%
EPS Q/Q Growth
0.00% 22.22% 0.00% -3.08% 1.56% -5.88% 7.58% -26.67% -15.09%
Operating Cash Flow Q/Q Growth
-412.83% 0.00% 0.00% -21.55% 39.10% 1,003.87% -125.79% 10.71% -9.12%
Free Cash Flow Firm Q/Q Growth
0.00% 96.37% 0.00% 43.72% -144.36% 78.54% 186.13% -264.36% 90.79%
Invested Capital Q/Q Growth
0.00% -12.00% 0.00% 8.49% 3.11% -11.63% 15.67% 7.51% -16.80%
Profitability Metrics
- - - - - - - - -
EBITDA Margin
38.69% 43.58% 32.29% 52.23% 20.12% 38.27% 39.60% 43.96% 41.34%
EBIT Margin
35.32% 41.96% 30.40% 40.94% 27.11% 34.05% 35.45% 40.10% 38.25%
Profit (Net Income) Margin
31.36% 36.33% 25.13% 32.84% 22.14% 26.87% 28.86% 28.12% 29.56%
Tax Burden Percent
81.75% 81.81% 73.43% 79.86% 70.48% 74.74% 78.01% 74.36% 71.76%
Interest Burden Percent
108.61% 105.84% 112.57% 100.43% 115.89% 105.57% 104.35% 94.31% 107.70%
Effective Tax Rate
18.25% 18.19% 26.57% 20.14% 29.52% 25.26% 21.99% 25.64% 28.24%
Return on Invested Capital (ROIC)
48.53% 0.00% 0.00% 34.60% 21.74% 27.84% 27.73% 41.38% 41.71%
ROIC Less NNEP Spread (ROIC-NNEP)
110.23% 0.00% 0.00% 37.35% 68.80% 54.71% 30.70% -5.44% 57.59%
Return on Net Nonoperating Assets (RNNOA)
1.91% 0.00% 0.00% 0.56% 1.19% 0.76% 3.42% -0.07% 2.84%
Return on Equity (ROE)
50.45% 0.00% 0.00% 35.17% 22.92% 28.60% 31.16% 41.32% 44.55%
Cash Return on Invested Capital (CROIC)
-152.28% 0.00% 0.00% 14.03% 16.75% 38.57% 28.21% 13.99% 32.84%
Operating Return on Assets (OROA)
23.20% 0.00% 0.00% 28.69% 22.58% 28.88% 28.60% 37.26% 45.28%
Return on Assets (ROA)
20.60% 0.00% 0.00% 23.01% 18.44% 22.79% 23.28% 26.13% 34.99%
Return on Common Equity (ROCE)
39.93% 0.00% 0.00% 27.49% 18.41% 19.99% 21.60% 31.75% 35.71%
Return on Equity Simple (ROE_SIMPLE)
33.81% 0.00% 0.00% 0.00% 35.69% 40.61% 36.67% 0.00% 57.83%
Net Operating Profit after Tax (NOPAT)
40 52 27 44 22 31 35 39 37
NOPAT Margin
28.88% 34.32% 22.32% 32.70% 19.10% 25.45% 27.66% 29.82% 27.44%
Net Nonoperating Expense Percent (NNEP)
-61.69% -110.40% -268.92% -2.75% -47.06% -26.86% -2.97% 46.83% -15.87%
SG&A Expenses to Revenue
39.53% 37.05% 44.36% 34.27% 46.47% 40.41% 38.85% 37.03% 38.55%
Operating Expenses to Revenue
64.68% 58.04% 69.60% 59.06% 72.89% 65.95% 64.55% 59.90% 61.75%
Earnings before Interest and Taxes (EBIT)
49 64 36 56 31 41 45 53 51
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
53 66 39 71 23 46 50 58 55
Valuation Ratios
- - - - - - - - -
Price to Book Value (P/BV)
8.06 9.88 7.86 9.48 8.12 7.73 7.81 8.71 8.93
Price to Tangible Book Value (P/TBV)
8.37 10.29 8.20 9.99 8.56 8.18 8.23 9.23 9.48
Price to Revenue (P/Rev)
7.46 0.00 0.00 7.32 6.06 5.35 5.81 5.43 4.88
Price to Earnings (P/E)
26.05 0.00 0.00 28.01 22.60 19.11 18.02 17.19 13.88
Dividend Yield
2.98% 2.44% 3.22% 3.10% 4.64% 5.02% 4.59% 4.55% 3.63%
Earnings Yield
3.84% 0.00% 0.00% 3.57% 4.42% 5.23% 5.55% 5.82% 7.20%
Enterprise Value to Invested Capital (EV/IC)
6.39 9.25 6.22 7.12 6.40 5.94 5.93 6.41 6.78
Enterprise Value to Revenue (EV/Rev)
7.60 0.00 0.00 7.18 5.97 5.18 5.86 5.15 4.76
Enterprise Value to EBITDA (EV/EBITDA)
19.57 0.00 0.00 19.01 16.62 12.84 14.98 13.41 11.35
Enterprise Value to EBIT (EV/EBIT)
21.17 0.00 0.00 21.00 17.36 14.19 16.51 14.63 12.17
Enterprise Value to NOPAT (EV/NOPAT)
26.79 0.00 0.00 27.71 23.25 19.15 22.26 19.27 15.64
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 39.59 21.49 20.61 17.13 17.72 19.50 45.25 36.32
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 54.13 40.57 14.71 20.82 51.12 22.02
Leverage & Solvency
- - - - - - - - -
Debt to Equity
0.02 0.01 0.00 0.01 0.01 0.00 0.06 0.02 0.03
Long-Term Debt to Equity
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial Leverage
0.02 0.01 0.00 0.02 0.02 0.01 0.11 0.01 0.05
Leverage Ratio
1.30 1.45 1.37 1.53 1.39 1.31 1.38 1.51 1.35
Compound Leverage Factor
1.41 1.53 1.54 1.54 1.61 1.38 1.44 1.43 1.45
Debt to Total Capital
1.71% 0.55% 0.21% 1.07% 0.59% 0.28% 5.74% 1.97% 2.95%
Short-Term Debt to Total Capital
1.71% 0.55% 0.21% 1.07% 0.59% 0.28% 5.74% 1.97% 2.95%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
20.49% 4.18% 20.70% 22.38% 19.54% 20.39% 19.03% 20.52% 19.14%
Common Equity to Total Capital
77.81% 95.27% 79.09% 76.56% 79.87% 79.33% 75.22% 77.50% 77.91%
Debt to EBITDA
0.05 0.00 0.00 0.03 0.02 0.01 0.15 0.04 0.05
Net Debt to EBITDA
-0.25 0.00 0.00 -0.98 -0.74 -0.86 -0.35 -1.15 -0.62
Long-Term Debt to EBITDA
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt to NOPAT
0.07 0.00 0.00 0.04 0.02 0.01 0.22 0.06 0.07
Net Debt to NOPAT
-0.35 0.00 0.00 -1.42 -1.03 -1.28 -0.53 -1.65 -0.85
Long-Term Debt to NOPAT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Noncontrolling Interest Sharing Ratio
20.84% 0.00% 0.00% 21.84% 19.69% 30.11% 30.67% 23.15% 19.84%
Liquidity Ratios
- - - - - - - - -
Cash Flow Metrics
- - - - - - - - -
Free Cash Flow to Firm (FCFF)
-613 -4.13 -114 -18 -32 73 44 -51 -14
Operating Cash Flow to CapEx
-10,134.70% 1,819.96% 0.00% 540.03% 287.10% 345.33% -326.34% 4,551.61% 3,781.89%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - -
Asset Turnover
0.66 0.00 0.00 0.70 0.83 0.85 0.81 0.93 1.18
Fixed Asset Turnover
8.12 0.00 0.00 13.16 16.14 22.81 13.24 61.24 65.30
Capital & Investment Metrics
- - - - - - - - -
Invested Capital
652 515 586 498 459 445 504 436 405
Invested Capital Turnover
1.68 0.00 0.00 1.06 1.14 1.09 1.00 1.39 1.52
Increase / (Decrease) in Invested Capital
652 56 140 62 54 -42 -9.28 90 51
Enterprise Value (EV)
4,170 4,768 3,642 3,544 2,936 2,643 2,986 2,791 2,745
Market Capitalization
4,090 4,850 3,641 3,615 2,977 2,730 2,961 2,941 2,818
Book Value per Share
$9.96 $9.71 $9.16 $7.76 $7.46 $7.19 $7.72 $6.93 $6.48
Tangible Book Value per Share
$9.58 $9.33 $8.79 $7.36 $7.08 $6.80 $7.33 $6.54 $6.11
Total Capital
652 515 586 498 459 445 504 436 405
Total Debt
11 2.82 1.24 5.32 2.71 1.26 29 8.59 12
Total Long-Term Debt
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Debt
-54 -104 -121 -182 -130 -177 -71 -239 -150
Capital Expenditures (CapEx)
1.08 1.41 0.00 11 26 16 4.59 1.28 1.39
Net Nonoperating Expense (NNE)
-3.43 -3.05 -3.36 -0.19 -3.45 -1.71 -1.51 2.23 -2.83
Net Nonoperating Obligations (NNO)
11 2.82 1.24 5.32 2.71 1.26 29 8.59 12
Total Depreciation and Amortization (D&A)
4.65 2.47 2.27 15 -7.94 5.11 5.21 5.07 4.15
Earnings Adjustments
- - - - - - - - -
Adjusted Basic Earnings per Share
$0.78 $0.78 $0.63 $0.64 $0.65 $0.64 $0.72 $0.68 $0.91
Adjusted Weighted Average Basic Shares Outstanding
51.06M 50.78M 50.42M 49.31M 49.35M 49.32M 49.20M 48.78M 48.82M
Adjusted Diluted Earnings per Share
$0.77 $0.77 $0.63 $0.63 $0.65 $0.64 $0.71 $0.66 $0.90
Adjusted Weighted Average Diluted Shares Outstanding
51.42M 51.43M 50.77M 49.55M 49.62M 49.46M 49.40M 49.30M 49.32M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
50.98M 50.56M 50.55M 49.52M 49.14M 49.13M 50.54M 49.10M 48.71M
Normalized Net Operating Profit after Tax (NOPAT)
40 52 27 44 22 31 35 39 37
Normalized NOPAT Margin
28.88% 34.32% 22.32% 32.70% 19.10% 25.45% 27.66% 29.82% 27.44%
Pre Tax Income Margin
38.36% 44.41% 34.22% 41.12% 31.41% 35.95% 37.00% 37.82% 41.19%
Debt Service Ratios
- - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - -
Dividend Payout Ratio
70.83% 0.00% 0.00% 82.31% 84.98% 76.62% 78.18% 71.81% 89.21%
Augmented Payout Ratio
86.98% 0.00% 0.00% 98.08% 101.51% 91.74% 93.77% 89.75% 104.05%

Frequently Asked Questions About Cohen & Steers' Financials

When does Cohen & Steers's financial year end?

According to the most recent income statement we have on file, Cohen & Steers' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Cohen & Steers' net income changed over the last 9 years?

Cohen & Steers' net income appears to be on an upward trend, with a most recent value of $162.79 million in 2024, rising from $64.34 million in 2015. The previous period was $136.61 million in 2023. View Cohen & Steers' forecast to see where analysts expect Cohen & Steers to go next.

How has Cohen & Steers revenue changed over the last 9 years?

Over the last 9 years, Cohen & Steers' total revenue changed from $326.01 million in 2015 to $534.00 million in 2024, a change of 63.8%.

How much debt does Cohen & Steers have?

Cohen & Steers' total liabilities were at $237.46 million at the end of 2024, a 2.6% decrease from 2023, and a 281.7% increase since 2015.

How much cash does Cohen & Steers have?

In the past 9 years, Cohen & Steers' cash and equivalents has ranged from $41.23 million in 2020 to $247.42 million in 2022, and is currently $182.97 million as of their latest financial filing in 2024.

How has Cohen & Steers' book value per share changed over the last 9 years?

Over the last 9 years, Cohen & Steers' book value per share changed from 5.10 in 2015 to 10.12 in 2024, a change of 98.4%.



This page (NYSE:CNS) was last updated on 5/21/2025 by MarketBeat.com Staff
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