Janus Henderson Group (JHG) Financials

$36.24 -0.30 (-0.83%)

Closing price 05/23/2025 03:59 PM Eastern

Extended Trading

$36.26 +0.02 (+0.06%)

As of 05/23/2025 04:09 PM Eastern

Annual Income Statements for Janus Henderson Group

This table shows Janus Henderson Group's 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	409	392	372	619	130	428	524	656	189	330
Consolidated Net Income / (Loss)	446	427	275	612	151	446	500	658	177	331
Net Income / (Loss) Continuing Operations	446	427	275	612	151	446	500	658	177	331
Total Pre-Tax Income	612	527	375	818	204	584	662	447	212	338
Total Operating Income	646	484	490	821	128	541	650	442	232	317
Total Gross Profit	1,757	1,509	1,592	2,074	1,680	1,590	1,693	1,275	745	838
Total Revenue	2,473	2,102	2,204	2,767	2,299	2,192	2,306	1,818	1,018	1,155
Operating Revenue	2,473	2,102	2,204	2,767	2,299	2,192	2,306	1,818	1,018	1,066
Total Cost of Revenue	716	593	612	693	619	603	613	543	274	317
Operating Cost of Revenue	716	593	612	693	619	603	613	543	274	317
Total Operating Expenses	1,111	1,025	1,102	1,253	1,552	1,049	1,044	833	513	521
Selling, General & Admin Expense	822	751	778	826	716	705	700	554	337	349
Marketing Expense	40	37	27	32	20	31	38	31	14	14
Depreciation Expense	25	23	32	41	49	63	63	53	28	23
Other Operating Expenses / (Income)	225	215	230	233	220	232	236	195	134	134
Impairment Charge	0.00	0.00	36	122	547	18	7.20	-	-	-
Total Other Income / (Expense), net	-34	43	-114	-3.20	75	43	12	5.10	-20	20
Interest Expense	18	13	13	13	13	15	16	12	6.60	20
Interest & Investment Income	71	43	-113	0.80	58	34	-41	18	-12	40
Other Income / (Expense), net	-87	13	12	8.80	31	24	69	-1.00	-1.90	0.60
Income Tax Expense	166	100	101	205	52	138	162	-211	35	6.10
Net Income / (Loss) Attributable to Noncontrolling Interest	37	35	-98	-7.60	21	18	-24	2.90	-12	1.60
Basic Earnings per Share	$2.57	$2.37	$2.23	$3.59	$0.70	$2.21	$2.62	$3.97	$1.69	$2.93
Weighted Average Basic Shares Outstanding	157.56M	161.73M	165.66M	169.05M	172.35M	186.98M	196.41M	200.41M	-	-
Diluted Earnings per Share	$2.56	$2.37	$2.23	$3.57	$0.70	$2.21	$2.61	$3.93	$1.66	$2.78
Weighted Average Diluted Shares Outstanding	157.56M	161.73M	165.66M	169.05M	172.35M	186.98M	196.41M	200.41M	-	-
Weighted Average Basic & Diluted Shares Outstanding	157.56M	161.73M	165.66M	169.05M	172.35M	186.98M	196.41M	200.41M	-	-
Cash Dividends to Common per Share	$1.56	$1.56	$1.55	$1.50	$1.44	$1.44	$1.40	-	-	-

This table shows Janus Henderson Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 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	6/30/2024	3/31/2024	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	121	122	27	130	130	121	94	90	87	65	108
Consolidated Net Income / (Loss)	116	122	50	134	141	144	86	100	96	81	115
Net Income / (Loss) Continuing Operations	116	122	50	134	141	144	86	100	96	81	115
Total Pre-Tax Income	149	170	94	175	173	177	99	129	122	87	143
Total Operating Income	154	198	165	164	119	144	122	118	100	68	121
Total Gross Profit	440	501	448	422	386	412	372	369	356	356	370
Total Revenue	621	708	625	588	552	569	521	517	496	515	513
Operating Revenue	621	708	625	588	552	569	521	517	496	515	513
Total Cost of Revenue	182	207	177	166	166	156	149	148	140	159	143
Operating Cost of Revenue	182	207	177	166	166	156	149	148	140	159	143
Total Operating Expenses	286	304	283	258	267	269	250	251	255	288	250
Selling, General & Admin Expense	208	226	211	194	191	201	190	187	173	179	183
Marketing Expense	9.90	14	8.30	9.80	8.00	8.90	9.60	9.30	8.80	6.30	5.60
Depreciation Expense	8.50	8.60	5.50	5.30	5.10	4.90	5.80	6.10	6.10	7.40	7.10
Other Operating Expenses / (Income)	60	55	58	49	63	54	45	49	67	59	54
Total Other Income / (Expense), net	-5.00	-28	-71	11	54	34	-23	11	22	19	22
Interest Expense	5.90	7.20	4.50	3.20	3.10	3.20	3.20	3.20	3.10	3.10	3.10
Interest & Investment Income	-5.50	6.90	35	6.40	23	25	-5.90	6.90	18	17	11
Other Income / (Expense), net	6.40	-27	-102	7.60	35	12	-13	7.00	7.10	4.80	14
Income Tax Expense	33	49	44	42	33	33	13	28	26	5.60	28
Net Income / (Loss) Attributable to Noncontrolling Interest	-4.70	-0.30	23	3.80	11	23	-7.50	11	8.60	16	7.00
Basic Earnings per Share	$0.77	$0.78	$0.17	$0.81	$0.81	$0.74	$0.56	$0.54	$0.53	$0.38	$0.65
Weighted Average Basic Shares Outstanding	157.56M	157.56M	158.99M	159.26M	160.46M	161.73M	165.66M	165.66M	165.66M	165.66M	165.66M
Diluted Earnings per Share	$0.77	$0.77	$0.17	$0.81	$0.81	$0.74	$0.56	$0.54	$0.53	$0.40	$0.65
Weighted Average Diluted Shares Outstanding	157.56M	157.56M	158.99M	159.26M	160.46M	161.73M	165.66M	165.66M	165.66M	165.66M	165.66M
Weighted Average Basic & Diluted Shares Outstanding	157.56M	157.56M	158.99M	159.26M	160.46M	161.73M	165.66M	165.66M	165.66M	165.66M	165.66M
Cash Dividends to Common per Share	$0.39	-	$0.39	$0.39	$0.39	-	$0.39	$0.39	$0.39	-	$0.39

This table details how cash moves in and out of Janus Henderson Group's 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	85	-39	113	24	284	-133	155	459	-129	151
Net Cash From Operating Activities	695	442	473	895	646	463	671	444	235	389
Net Cash From Continuing Operating Activities	695	442	473	895	646	463	671	444	235	366
Net Income / (Loss) Continuing Operations	446	427	275	612	151	446	500	658	177	331
Consolidated Net Income / (Loss)	446	427	275	612	151	446	500	658	177	331
Depreciation Expense	25	23	32	41	49	63	63	53	28	23
Non-Cash Adjustments To Reconcile Net Income	128	53	237	182	516	53	70	36	53	-15
Changes in Operating Assets and Liabilities, net	97	-61	-69	60	-71	-98	39	-303	-23	27
Net Cash From Investing Activities	-285	-329	59	-283	129	-389	101	520	-108	57
Net Cash From Continuing Investing Activities	-285	-329	59	-283	129	-389	101	520	23	26
Purchase of Property, Plant & Equipment	-10	-11	-18	-10	-18	-38	-29	-18	-14	-12
Acquisitions	-127	0.00	0.00	-	-	-	-	-11	-8.40	-62
Purchase of Investments	-11	-285	76	-124	135	-33	-	-24	-114	-40
Divestitures	0.00	0.00	15	0.00	-	-	-	417	0.00	123
Sale and/or Maturity of Investments	-101	-38	-44	1.20	-31	-320	88	149	21	17
Other Investing Activities, net	-36	4.00	29	-150	44	2.30	42	5.80	6.50	0.00
Net Cash From Financing Activities	-324	-152	-419	-588	-491	-207	-617	-505	-339	-222
Net Cash From Continuing Financing Activities	-324	-152	-419	-588	-491	-207	-617	-505	-339	-222
Repayment of Debt	-304	-1.10	1.90	0.00	-	-	-97	-93	-203	0.00
Payment of Dividends	-250	-259	-259	-257	-264	-274	-283	-261	-158	-161
Issuance of Debt	395	0.00	0.00	-	-	-	-	-	-	-
Other Financing Activities, net	-165	108	-162	-344	-228	67	-159	-104	66	-38
Cash Interest Paid	19	15	15	15	15	15	15	8.00	7.30	17
Cash Income Taxes Paid	133	104	141	218	159	160	185	113	41	14

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

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 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	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-129	-227	438	120	-246	-1.40	141	135	-314	90	209
Net Cash From Operating Activities	2.80	247	229	224	-5.00	162	217	171	-108	146	222
Net Cash From Continuing Operating Activities	2.80	247	229	224	-5.00	162	217	171	-108	146	222
Net Income / (Loss) Continuing Operations	116	122	50	134	141	144	86	100	96	81	115
Consolidated Net Income / (Loss)	116	122	50	134	141	144	86	100	96	81	115
Depreciation Expense	8.50	8.60	5.50	5.30	5.10	4.90	5.80	6.10	6.10	7.40	7.10
Non-Cash Adjustments To Reconcile Net Income	20	52	93	13	-30	-7.90	46	13	2.20	28	2.60
Changes in Operating Assets and Liabilities, net	-142	65	80	72	-121	20	79	52	-213	30	98
Net Cash From Investing Activities	-227	44	-215	-60	-54	-87	16	-23	-235	-53	52
Net Cash From Continuing Investing Activities	-227	44	-215	-60	-54	-87	16	-23	-235	-53	52
Purchase of Property, Plant & Equipment	-1.90	-3.80	-2.60	-1.90	-1.80	-2.40	-1.90	-4.50	-2.00	-7.30	-2.80
Acquisitions	-2.40	-110	-	-	-	-	-	-	-	-	-
Purchase of Investments	-227	23	-28	48	-53	-269	-6.00	225	-234	-8.40	-
Sale and/or Maturity of Investments	2.60	78	-115	-65	0.70	132	-6.80	-164	0.70	-44	-70
Other Investing Activities, net	0.90	57	-52	-	-	53	31	-	-	7.60	30
Net Cash From Financing Activities	80	-519	425	-51	-179	-76	-92	1.90	14	-3.90	-65
Net Cash From Continuing Financing Activities	80	-519	425	-51	-179	-76	-92	1.90	14	-3.90	-65
Repayment of Debt	-0.10	-304	-0.50	0.20	0.00	-2.10	0.10	1.10	-0.20	1.90	-
Repurchase of Common Equity	-2.60	-	-	-	-70	-	-	-	-58	-	-
Payment of Dividends	-62	-62	-62	-63	-63	-65	-65	-65	-65	-64	-65
Other Financing Activities, net	144	-152	91	-58	-46	-9.30	-27	7.90	136	61	-0.90
Cash Interest Paid	11	3.90	7.30	-	7.30	-	7.30	-	7.30	-	7.30
Cash Income Taxes Paid	3.50	38	39	50	6.20	25	23	42	14	19	29

This table presents Janus Henderson Group's 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
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
Total Assets	6,963	6,497	6,238	6,702	6,691	7,622	6,912	7,273	2,433
Total Current Assets	2,640	2,456	2,215	2,409	2,194	2,581	2,019	2,243	1,061
Cash & Equivalents	1,217	1,152	1,162	1,119	1,108	797	917	794	323
Short-Term Investments	337	334	262	702	483	254	292	700	393
Accounts Receivable	357	294	253	352	374	335	309	420	166
Other Current Assets	203	269	186	235	226	248	214	329	179
Plant, Property, & Equipment, net	39	44	52	63	78	85	70	71	41
Total Noncurrent Assets	4,284	3,997	3,971	4,230	4,419	4,956	4,823	4,960	1,332
Goodwill	1,550	1,290	1,253	1,342	1,384	1,504	1,478	1,534	742
Intangible Assets	2,473	2,431	2,415	2,543	2,686	3,089	3,123	3,205	401
Employee Benefit Assets	70	88	98	-	-	-	-	-	-
Other Noncurrent Operating Assets	190	188	206	346	349	363	222	221	189
Total Liabilities & Shareholders' Equity	6,963	6,497	6,238	6,702	6,691	7,622	6,912	7,273	2,433
Total Liabilities	1,880	1,641	1,641	1,900	1,871	2,038	1,915	2,207	583
Total Current Liabilities	735	631	611	786	728	770	728	1,005	453
Accounts Payable	266	231	233	271	232	246	233	293	142
Current Employee Benefit Liabilities	389	298	301	420	371	336	345	399	147
Other Current Liabilities	76	99	73	92	122	188	150	256	164
Total Noncurrent Liabilities	1,145	1,010	1,031	1,115	1,143	1,268	1,187	1,202	130
Long-Term Debt	395	305	308	310	313	316	319	322	0.00
Noncurrent Deferred & Payable Income Tax Liabilities	569	571	575	619	627	729	730	753	71
Noncurrent Employee Benefit Liabilities	39	45	50	51	58	64	58	28	21
Other Noncurrent Operating Liabilities	142	90	99	134	144	159	79	100	39
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	365	317	234	163	86	678	136	190	158
Total Equity & Noncontrolling Interests	4,718	4,538	4,363	4,639	4,734	4,906	4,861	4,876	1,692
Total Preferred & Common Equity	4,592	4,538	4,360	4,624	4,716	4,887	4,839	4,837	1,648
Total Common Equity	4,592	4,538	4,360	4,624	4,716	4,887	4,839	4,837	1,648
Common Stock	3,983	3,967	3,955	4,025	4,086	4,109	4,119	4,144	1,472
Retained Earnings	1,095	1,136	1,061	1,040	1,062	1,284	1,315	1,151	765
Treasury Stock	-0.90	-1.10	-	-	-107	-140	-171	-156	-155
Accumulated Other Comprehensive Income / (Loss)	-485	-564	-648	-387	-324	-367	-424	-302	-435
Noncontrolling Interest	127	0.20	2.80	15	17	20	22	38	45

This table presents Janus Henderson Group's 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	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	7,117	7,264	6,413	6,270	6,300	6,388	6,356	6,124
Total Current Assets	2,753	3,135	2,378	2,230	2,288	2,293	2,293	2,115
Cash & Equivalents	1,084	1,484	1,014	905	1,121	997	844	1,036
Short-Term Investments	363	305	258	241	293	312	388	509
Accounts Receivable	286	271	255	268	233	247	263	221
Other Current Assets	266	327	267	304	289	237	312	350
Plant, Property, & Equipment, net	37	39	39	42	45	48	50	49
Total Noncurrent Assets	4,327	4,090	3,996	3,999	3,966	4,047	4,013	3,960
Goodwill	1,587	1,352	1,284	1,282	1,260	1,287	1,270	1,206
Intangible Assets	2,480	2,448	2,428	2,427	2,416	2,430	2,422	2,426
Employee Benefit Assets	73	94	88	87	101	104	101	-
Other Noncurrent Operating Assets	187	196	197	202	190	225	220	329
Total Liabilities & Shareholders' Equity	7,117	7,264	6,413	6,270	6,300	6,388	6,356	6,124
Total Liabilities	1,755	2,137	1,592	1,568	1,595	1,517	1,581	1,725
Total Current Liabilities	629	1,016	587	568	596	507	576	690
Accounts Payable	278	262	215	207	205	213	219	220
Current Employee Benefit Liabilities	171	286	199	165	232	177	151	230
Other Current Liabilities	152	159	164	192	144	112	203	240
Total Noncurrent Liabilities	1,126	1,121	1,005	1,000	1,000	1,010	1,004	1,036
Long-Term Debt	395	396	303	304	305	306	307	308
Noncurrent Deferred & Payable Income Tax Liabilities	571	576	569	569	569	579	576	598
Noncurrent Employee Benefit Liabilities	17	33	26	18	39	33	26	41
Other Noncurrent Operating Liabilities	143	116	107	109	87	92	95	89
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	536	494	347	275	246	390	385	153
Total Equity & Noncontrolling Interests	4,827	4,633	4,475	4,427	4,459	4,482	4,391	4,246
Total Preferred & Common Equity	4,695	4,633	4,475	4,427	4,456	4,479	4,388	4,243
Total Common Equity	4,695	4,633	4,475	4,427	4,456	4,479	4,388	4,243
Common Stock	4,000	3,933	3,915	3,911	3,953	3,936	3,912	3,933
Retained Earnings	1,128	1,087	1,160	1,125	1,137	1,109	1,083	1,061
Treasury Stock	-1.00	-1.00	-1.10	-1.10	-1.10	-1.10	-1.10	-
Accumulated Other Comprehensive Income / (Loss)	-433	-385	-599	-608	-633	-564	-606	-748
Noncontrolling Interest	132	0.20	0.20	0.20	2.80	2.80	2.80	2.80

This table displays calculated financial ratios and metrics derived from Janus Henderson Group's 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	17.67%	-4.62%	-20.36%	20.38%	4.84%	-4.94%	26.84%	78.58%	-11.85%	0.00%
EBITDA Growth	12.40%	-2.59%	-38.76%	318.26%	-66.81%	-19.72%	58.07%	91.51%	-24.41%	0.00%
EBIT Growth	12.65%	-1.00%	-39.58%	422.15%	-71.85%	-21.44%	62.79%	91.70%	-27.59%	0.00%
NOPAT Growth	20.06%	9.35%	-41.74%	544.51%	-76.91%	-15.77%	-24.64%	235.16%	-37.67%	0.00%
Net Income Growth	4.43%	55.45%	-55.18%	304.76%	-66.05%	-10.79%	-24.12%	271.35%	-46.50%	0.00%
EPS Growth	8.02%	6.28%	-37.54%	410.00%	-68.33%	-15.33%	-33.59%	136.75%	-46.50%	0.00%
Operating Cash Flow Growth	57.29%	-6.70%	-47.14%	38.67%	39.40%	-30.95%	51.05%	88.90%	-39.55%	0.00%
Free Cash Flow Firm Growth	33.44%	-51.12%	-40.06%	89.71%	37.62%	-46.72%	128.69%	-130.52%	0.00%	0.00%
Invested Capital Growth	4.04%	4.42%	-4.86%	-7.04%	-9.23%	2.15%	-3.31%	248.45%	0.00%	0.00%
Revenue Q/Q Growth	5.99%	2.60%	-7.63%	1.47%	2.50%	2.63%	-3.22%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	3.26%	18.35%	-14.90%	-2.95%	19.67%	-1.34%	-4.38%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	2.70%	20.08%	-15.29%	-2.94%	33.31%	-2.59%	-3.25%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	5.00%	15.32%	-13.54%	-4.23%	53.88%	3.07%	-43.05%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	-4.87%	17.35%	-13.32%	-6.66%	44.65%	4.60%	-42.63%	0.00%	0.00%	0.00%
EPS Q/Q Growth	1.19%	16.75%	-13.90%	-2.46%	59.09%	-1.78%	-41.61%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	14.09%	3.64%	-22.22%	7.31%	2.09%	-7.27%	2.66%	35.77%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	-17.85%	3.65%	-29.48%	20.67%	9.20%	-23.94%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	3.29%	0.39%	-0.96%	-5.48%	-0.44%	-0.28%	-3.23%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	71.05%	71.77%	72.25%	74.94%	73.09%	72.52%	73.42%	70.12%	73.14%	72.55%
EBITDA Margin	23.60%	24.70%	24.19%	31.46%	9.05%	28.60%	33.86%	27.17%	25.34%	29.55%
Operating Margin	26.11%	23.01%	22.23%	29.67%	5.58%	24.67%	28.17%	24.32%	22.80%	27.47%
EBIT Margin	22.61%	23.61%	22.75%	29.99%	6.91%	25.74%	31.15%	24.27%	22.61%	27.52%
Profit (Net Income) Margin	18.02%	20.30%	12.46%	22.13%	6.58%	20.33%	21.66%	36.21%	17.41%	28.69%
Tax Burden Percent	72.82%	80.97%	73.12%	74.89%	74.35%	76.38%	75.49%	147.16%	83.67%	98.19%
Interest Burden Percent	109.44%	106.19%	74.89%	98.55%	128.07%	103.38%	92.12%	101.38%	92.05%	106.17%
Effective Tax Rate	27.18%	19.03%	26.88%	25.11%	25.65%	23.62%	24.51%	-47.16%	16.33%	1.81%
Return on Invested Capital (ROIC)	14.09%	12.23%	11.15%	17.99%	2.56%	10.70%	12.63%	25.60%	34.26%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	15.60%	9.93%	16.77%	18.16%	-1.21%	8.42%	11.84%	24.78%	38.97%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-5.12%	-3.20%	-5.31%	-5.26%	0.35%	-2.28%	-2.70%	-6.56%	-15.09%	0.00%
Return on Equity (ROE)	8.97%	9.03%	5.84%	12.73%	2.91%	8.42%	9.93%	19.04%	19.16%	0.00%
Cash Return on Invested Capital (CROIC)	10.13%	7.91%	16.13%	25.29%	12.24%	8.57%	15.99%	-85.20%	-165.74%	0.00%
Operating Return on Assets (OROA)	8.31%	7.79%	7.75%	12.39%	2.22%	7.77%	10.13%	9.09%	9.46%	0.00%
Return on Assets (ROA)	6.62%	6.70%	4.24%	9.14%	2.11%	6.13%	7.04%	13.57%	7.29%	0.00%
Return on Common Equity (ROCE)	8.24%	8.50%	5.58%	12.36%	2.68%	7.74%	9.55%	17.85%	17.06%	0.00%
Return on Equity Simple (ROE_SIMPLE)	9.70%	9.40%	6.30%	13.25%	3.21%	9.12%	10.32%	13.61%	10.76%	0.00%
Net Operating Profit after Tax (NOPAT)	470	392	358	615	95	413	491	651	194	312
NOPAT Margin	19.01%	18.63%	16.25%	22.22%	4.15%	18.85%	21.27%	35.80%	19.07%	26.97%
Net Nonoperating Expense Percent (NNEP)	-1.51%	2.30%	-5.63%	-0.17%	3.78%	2.28%	0.79%	0.82%	-4.72%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	9.20%	8.09%	7.67%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	28.95%	28.23%	27.75%	25.06%	26.91%	27.48%	26.58%	29.88%	26.86%	27.45%
SG&A Expenses to Revenue	33.22%	35.71%	35.29%	29.85%	31.16%	32.16%	30.37%	30.47%	33.12%	30.21%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	44.94%	48.76%	50.02%	45.28%	67.51%	47.85%	45.25%	45.80%	50.34%	45.08%
Earnings before Interest and Taxes (EBIT)	559	496	501	830	159	564	718	441	230	318
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	584	519	533	870	208	627	781	494	258	341
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.46	1.04	0.80	1.33	1.03	0.72	0.62	1.08	0.00	0.00
Price to Tangible Book Value (P/TBV)	11.81	5.80	5.03	8.29	7.51	12.05	12.51	52.83	0.00	0.00
Price to Revenue (P/Rev)	2.71	2.25	1.58	2.21	2.11	1.61	1.29	2.86	0.00	0.00
Price to Earnings (P/E)	16.39	12.08	9.35	9.91	37.27	8.27	5.69	7.95	0.00	0.00
Dividend Yield	3.70%	5.46%	7.38%	4.18%	5.38%	7.63%	13.87%	2.46%	0.00%	0.00%
Earnings Yield	6.10%	8.28%	10.70%	10.09%	2.68%	12.09%	17.59%	12.58%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.77	1.18	0.83	1.46	1.04	0.90	0.59	1.09	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	2.44	1.84	1.18	1.73	1.60	1.60	0.97	2.38	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	10.34	7.45	4.88	5.51	17.69	5.58	2.88	8.75	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	10.80	7.80	5.19	5.78	23.17	6.20	3.13	9.80	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	12.84	9.88	7.26	7.80	38.59	8.47	4.58	6.64	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	8.69	8.76	5.50	5.36	5.70	7.56	3.35	9.73	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	17.86	15.28	5.02	5.55	8.08	10.58	3.61	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.08	0.06	0.07	0.06	0.07	0.06	0.06	0.07	0.00	0.00
Long-Term Debt to Equity	0.08	0.06	0.07	0.06	0.07	0.06	0.06	0.06	0.00	0.00
Financial Leverage	-0.33	-0.32	-0.32	-0.29	-0.28	-0.27	-0.23	-0.26	-0.39	0.00
Leverage Ratio	1.35	1.35	1.38	1.39	1.38	1.37	1.41	1.40	1.32	0.00
Compound Leverage Factor	1.48	1.43	1.03	1.37	1.76	1.42	1.30	1.42	1.21	0.00
Debt to Total Capital	7.21%	5.90%	6.27%	6.07%	6.10%	5.36%	6.00%	6.96%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.05%	0.00%	0.00%
Long-Term Debt to Total Capital	7.21%	5.90%	6.27%	6.07%	6.10%	5.36%	6.00%	5.91%	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	8.97%	6.15%	4.83%	3.50%	2.01%	11.82%	2.96%	4.20%	10.96%	0.00%
Common Equity to Total Capital	83.82%	87.95%	88.90%	90.43%	91.89%	82.82%	91.03%	88.84%	89.04%	0.00%
Debt to EBITDA	0.68	0.59	0.58	0.36	1.51	0.50	0.41	0.77	0.00	0.00
Net Debt to EBITDA	-1.99	-2.28	-2.09	-1.74	-6.14	-1.17	-1.14	-2.26	0.00	0.00
Long-Term Debt to EBITDA	0.68	0.59	0.58	0.36	1.51	0.50	0.41	0.65	0.00	0.00
Debt to NOPAT	0.84	0.78	0.86	0.50	3.28	0.77	0.65	0.58	0.00	0.00
Net Debt to NOPAT	-2.47	-3.02	-3.12	-2.46	-13.39	-1.78	-1.81	-1.71	0.00	0.00
Long-Term Debt to NOPAT	0.84	0.78	0.86	0.50	3.28	0.77	0.65	0.49	0.00	0.00
Altman Z-Score	3.31	2.89	2.44	3.26	2.46	2.09	2.10	2.29	0.00	0.00
Noncontrolling Interest Sharing Ratio	8.14%	5.86%	4.42%	2.93%	7.70%	8.08%	3.84%	6.24%	10.96%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	3.59	3.89	3.63	3.07	3.01	3.35	2.77	2.23	2.34	0.00
Quick Ratio	2.60	2.82	2.75	2.77	2.70	1.80	2.08	1.90	1.95	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	338	253	518	864	456	331	621	-2,166	-940	0.00
Operating Cash Flow to CapEx	6,877.23%	4,088.89%	2,689.20%	8,609.62%	3,627.53%	1,225.40%	2,305.15%	2,509.04%	1,655.63%	3,214.05%
Free Cash Flow to Firm to Interest Expense	18.77	19.94	41.12	67.52	35.32	21.92	39.58	-182.02	-142.36	0.00
Operating Cash Flow to Interest Expense	38.59	34.77	37.56	69.95	50.05	30.68	42.73	37.32	35.62	19.35
Operating Cash Flow Less CapEx to Interest Expense	38.03	33.92	36.17	69.14	48.67	28.17	40.87	35.83	33.47	18.75
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.37	0.33	0.34	0.41	0.32	0.30	0.33	0.37	0.42	0.00
Accounts Receivable Turnover	7.60	7.69	7.29	7.63	6.49	6.81	6.33	6.22	6.15	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	59.17	43.79	38.29	39.19	28.27	28.44	32.93	32.53	24.71	0.00
Accounts Payable Turnover	2.88	2.56	2.43	2.76	2.59	2.51	2.33	2.50	1.93	0.00
Days Sales Outstanding (DSO)	48.01	47.49	50.06	47.83	56.24	53.61	57.67	58.73	59.33	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	126.79	142.73	150.24	132.38	141.05	145.15	156.63	145.99	189.11	0.00
Cash Conversion Cycle (CCC)	-78.78	-95.24	-100.17	-84.55	-84.81	-91.54	-98.96	-87.26	-129.78	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,403	3,271	3,132	3,292	3,542	3,902	3,820	3,951	1,134	0.00
Invested Capital Turnover	0.74	0.66	0.69	0.81	0.62	0.57	0.59	0.72	1.80	0.00
Increase / (Decrease) in Invested Capital	132	138	-160	-250	-360	82	-131	2,817	1,134	0.00
Enterprise Value (EV)	6,036	3,869	2,601	4,795	3,681	3,501	2,246	4,323	0.00	0.00
Market Capitalization	6,703	4,734	3,481	6,127	4,856	3,537	2,978	5,209	0.00	0.00
Book Value per Share	$28.88	$27.39	$26.32	$27.10	$26.00	$26.06	$24.36	$24.14	$0.00	$0.00
Tangible Book Value per Share	$3.57	$4.93	$4.18	$4.33	$3.56	$1.57	$1.20	$0.49	$0.00	$0.00
Total Capital	5,478	5,160	4,904	5,113	5,133	5,900	5,316	5,445	1,850	0.00
Total Debt	395	305	308	310	313	316	319	379	0.00	0.00
Total Long-Term Debt	395	305	308	310	313	316	319	322	0.00	0.00
Net Debt	-1,159	-1,182	-1,116	-1,511	-1,278	-734	-889	-1,115	-717	0.00
Capital Expenditures (CapEx)	10	11	18	10	18	38	29	18	14	12
Debt-free, Cash-free Net Working Capital (DFCFNWC)	350	338	180	-197	-125	761	82	-200	-109	0.00
Debt-free Net Working Capital (DFNWC)	1,905	1,825	1,604	1,624	1,466	1,811	1,291	1,295	608	0.00
Net Working Capital (NWC)	1,905	1,825	1,604	1,624	1,466	1,811	1,291	1,238	608	0.00
Net Nonoperating Expense (NNE)	25	-35	84	2.40	-56	-33	-9.06	-7.51	17	-20
Net Nonoperating Obligations (NNO)	-1,680	-1,585	-1,464	-1,510	-1,278	-1,682	-1,177	-1,115	-717	0.00
Total Depreciation and Amortization (D&A)	25	23	32	41	49	63	63	53	28	23
Debt-free, Cash-free Net Working Capital to Revenue	14.16%	16.08%	8.19%	-7.13%	-5.43%	34.72%	3.57%	-10.98%	-10.67%	0.00%
Debt-free Net Working Capital to Revenue	77.01%	86.81%	72.80%	58.68%	63.77%	82.61%	55.96%	71.20%	59.70%	0.00%
Net Working Capital to Revenue	77.01%	86.81%	72.80%	58.68%	63.77%	82.61%	55.96%	68.06%	59.70%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.57	$2.37	$2.23	$3.60	$0.87	$2.21	$2.62	$3.97	$1.69	$2.93
Adjusted Weighted Average Basic Shares Outstanding	157.56M	161.73M	165.66M	169.05M	172.35M	186.98M	196.41M	200.41M	0.00	0.00
Adjusted Diluted Earnings per Share	$2.56	$2.37	$2.23	$3.59	$0.87	$2.21	$2.61	$3.93	$1.66	$2.78
Adjusted Weighted Average Diluted Shares Outstanding	157.56M	161.73M	165.66M	169.05M	172.35M	186.98M	196.41M	200.41M	0.00	0.00
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	157.56M	161.73M	165.66M	169.05M	172.35M	186.98M	196.41M	200.41M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	470	392	384	706	502	427	496	310	194	312
Normalized NOPAT Margin	19.01%	18.63%	17.44%	25.52%	21.83%	19.47%	21.50%	17.03%	19.07%	26.97%
Pre Tax Income Margin	24.74%	25.07%	17.04%	29.55%	8.85%	26.61%	28.69%	24.61%	20.81%	29.22%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	31.06	39.08	39.79	64.82	12.32	37.38	45.76	37.08	34.88	15.82
NOPAT to Interest Expense	26.12	30.84	28.42	48.03	7.39	27.36	31.24	54.70	29.42	15.50
EBIT Less CapEx to Interest Expense	30.50	38.23	38.39	64.01	10.94	34.87	43.90	35.60	32.73	15.21
NOPAT Less CapEx to Interest Expense	25.56	29.99	27.03	47.22	6.01	24.86	29.39	53.21	27.27	14.90
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	56.13%	60.63%	94.50%	41.88%	174.29%	61.41%	56.69%	39.64%	88.83%	48.58%
Augmented Payout Ratio	56.13%	60.63%	94.50%	41.88%	174.29%	61.41%	74.02%	47.55%	119.46%	60.11%

This table displays calculated financial ratios and metrics derived from Janus Henderson Group's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 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	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	12.63%	24.59%	19.92%	13.92%	11.27%	10.35%	1.58%	-7.02%	-20.03%	-26.10%	-25.39%
EBITDA Growth	6.04%	11.46%	-39.88%	35.27%	39.88%	100.63%	-19.48%	-13.93%	-28.60%	-53.84%	-45.85%
EBIT Growth	4.03%	9.45%	-41.74%	37.63%	43.07%	114.33%	-19.54%	-13.56%	-28.14%	-55.49%	-46.57%
NOPAT Growth	23.91%	20.62%	-16.61%	36.09%	22.48%	84.50%	8.69%	525.10%	-31.35%	-49.43%	-50.49%
Net Income Growth	-17.50%	-15.80%	-41.86%	32.97%	46.46%	77.71%	-24.96%	2,191.67%	14.97%	-34.20%	-42.73%
EPS Growth	-4.94%	4.05%	-69.64%	50.00%	52.83%	85.00%	-13.85%	-5.26%	-13.11%	-47.37%	-42.98%
Operating Cash Flow Growth	156.00%	53.13%	5.35%	30.57%	95.38%	10.62%	-2.25%	5.22%	-88.17%	-48.08%	-30.53%
Free Cash Flow Firm Growth	-200.03%	141.41%	404.41%	110.62%	-43.58%	-109.57%	-97.56%	-48.29%	-36.40%	-40.43%	54.40%
Invested Capital Growth	6.91%	4.04%	1.12%	-2.86%	-0.45%	4.42%	3.01%	-0.39%	-3.42%	-4.86%	-9.20%
Revenue Q/Q Growth	-12.27%	13.36%	6.19%	6.65%	-2.96%	9.12%	0.87%	4.18%	-3.77%	0.45%	-7.67%
EBITDA Q/Q Growth	-5.81%	160.79%	-61.29%	11.52%	-1.00%	40.67%	-12.90%	15.32%	42.00%	-43.54%	-6.90%
EBIT Q/Q Growth	-6.05%	169.89%	-63.29%	11.77%	-1.16%	43.68%	-13.29%	16.19%	48.07%	-46.06%	-6.85%
NOPAT Q/Q Growth	-15.06%	60.44%	-29.76%	29.46%	-17.31%	10.91%	14.62%	16.51%	24.56%	-34.66%	548.30%
Net Income Q/Q Growth	-4.53%	143.00%	-62.55%	-5.05%	-2.56%	67.79%	-14.34%	4.58%	18.23%	-29.14%	2,487.50%
EPS Q/Q Growth	0.00%	352.94%	-79.01%	0.00%	9.46%	32.14%	3.70%	1.89%	32.50%	-38.46%	14.04%
Operating Cash Flow Q/Q Growth	-98.87%	8.23%	2.10%	4,576.00%	-103.10%	-25.54%	26.55%	258.41%	-174.11%	-34.20%	36.22%
Free Cash Flow Firm Q/Q Growth	-1,362.61%	-82.80%	-76.78%	98.33%	622.75%	-309.49%	-90.30%	-46.87%	-11.29%	-46.50%	105.10%
Invested Capital Q/Q Growth	5.34%	3.29%	0.52%	-2.25%	2.51%	0.39%	-3.43%	0.18%	7.52%	-0.96%	-6.62%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	70.79%	70.78%	71.67%	71.74%	69.95%	72.54%	71.36%	71.40%	71.70%	69.06%	72.22%
EBITDA Margin	27.12%	25.26%	10.98%	30.12%	28.80%	28.23%	21.90%	25.36%	22.91%	15.53%	27.63%
Operating Margin	24.72%	27.88%	26.36%	27.92%	21.61%	25.28%	23.36%	22.83%	20.25%	13.16%	23.53%
EBIT Margin	25.75%	24.04%	10.10%	29.21%	27.88%	27.37%	20.79%	24.18%	21.68%	14.09%	26.24%
Profit (Net Income) Margin	18.67%	17.15%	8.00%	22.69%	25.48%	25.38%	16.51%	19.44%	19.36%	15.76%	22.34%
Tax Burden Percent	78.06%	71.47%	53.42%	76.24%	81.18%	81.43%	86.69%	78.07%	78.69%	93.55%	80.42%
Interest Burden Percent	92.88%	99.82%	148.34%	101.86%	112.61%	113.88%	91.60%	102.96%	113.49%	119.56%	105.87%
Effective Tax Rate	21.94%	28.53%	46.58%	23.76%	18.82%	18.57%	13.31%	21.93%	21.31%	6.45%	19.58%
Return on Invested Capital (ROIC)	14.15%	14.77%	10.03%	14.27%	11.26%	13.51%	12.92%	10.76%	9.67%	8.45%	13.59%
ROIC Less NNEP Spread (ROIC-NNEP)	14.39%	15.97%	12.35%	13.73%	8.08%	11.72%	14.38%	10.26%	8.35%	7.25%	12.22%
Return on Net Nonoperating Assets (RNNOA)	-4.47%	-5.25%	-4.12%	-4.31%	-2.35%	-3.78%	-4.24%	-3.42%	-2.28%	-2.29%	-3.40%
Return on Equity (ROE)	9.67%	9.52%	5.91%	9.96%	8.91%	9.73%	8.69%	7.34%	7.39%	6.15%	10.19%
Cash Return on Invested Capital (CROIC)	7.37%	10.13%	12.55%	16.22%	12.63%	7.91%	7.61%	10.22%	12.93%	16.13%	22.11%
Operating Return on Assets (OROA)	9.78%	8.84%	3.47%	10.18%	9.53%	9.03%	6.85%	7.43%	7.06%	4.80%	9.76%
Return on Assets (ROA)	7.09%	6.30%	2.75%	7.90%	8.71%	8.38%	5.44%	5.97%	6.30%	5.37%	8.31%
Return on Common Equity (ROCE)	8.77%	8.75%	5.47%	9.20%	8.29%	9.16%	8.30%	6.38%	6.96%	5.88%	9.84%
Return on Equity Simple (ROE_SIMPLE)	8.97%	0.00%	10.11%	11.27%	10.65%	0.00%	8.16%	8.76%	6.54%	0.00%	7.46%
Net Operating Profit after Tax (NOPAT)	120	141	88	125	97	117	106	92	79	63	97
NOPAT Margin	19.30%	19.93%	14.08%	21.29%	17.54%	20.58%	20.25%	17.82%	15.93%	12.31%	18.93%
Net Nonoperating Expense Percent (NNEP)	-0.25%	-1.20%	-2.32%	0.54%	3.18%	1.79%	-1.45%	0.49%	1.32%	1.20%	1.37%
Return On Investment Capital (ROIC_SIMPLE)	2.30%	2.76%	-	-	-	2.42%	-	-	-	1.36%	-
Cost of Revenue to Revenue	29.21%	29.22%	28.33%	28.26%	30.05%	27.46%	28.64%	28.60%	28.30%	30.94%	27.78%
SG&A Expenses to Revenue	33.42%	31.92%	33.79%	32.89%	34.62%	35.34%	36.41%	36.17%	34.91%	34.78%	35.76%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	46.07%	42.89%	45.31%	43.81%	48.34%	47.26%	48.00%	48.58%	51.45%	55.90%	48.68%
Earnings before Interest and Taxes (EBIT)	160	170	63	172	154	156	108	125	108	73	135
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	169	179	69	177	159	161	114	131	114	80	142
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.21	1.46	1.31	1.20	1.20	1.04	0.91	0.94	0.93	0.80	0.71
Price to Tangible Book Value (P/TBV)	9.08	11.81	7.28	7.01	7.41	5.80	5.20	5.55	5.85	5.03	4.91
Price to Revenue (P/Rev)	2.24	2.71	2.60	2.40	2.47	2.25	1.98	2.07	1.96	1.58	1.26
Price to Earnings (P/E)	14.26	16.39	14.85	11.27	12.25	12.08	12.10	12.07	11.42	9.35	6.88
Dividend Yield	4.32%	3.70%	4.10%	4.68%	4.85%	5.46%	6.36%	6.12%	6.35%	7.38%	8.49%
Earnings Yield	7.01%	6.10%	6.74%	8.87%	8.17%	8.28%	8.27%	8.28%	8.75%	10.70%	14.53%
Enterprise Value to Invested Capital (EV/IC)	1.48	1.77	1.66	1.44	1.42	1.18	0.98	1.07	1.05	0.83	0.61
Enterprise Value to Revenue (EV/Rev)	2.09	2.44	2.34	2.12	2.20	1.84	1.56	1.77	1.70	1.18	0.81
Enterprise Value to EBITDA (EV/EBITDA)	8.95	10.34	9.67	7.74	8.43	7.45	7.29	7.75	7.24	4.88	3.07
Enterprise Value to EBIT (EV/EBIT)	9.40	10.80	10.04	8.02	8.77	7.80	7.74	8.22	7.69	5.19	3.25
Enterprise Value to NOPAT (EV/NOPAT)	10.90	12.84	12.21	10.66	11.61	9.88	9.42	10.87	10.89	7.26	4.64
Enterprise Value to Operating Cash Flow (EV/OCF)	7.56	8.69	8.98	7.91	8.73	8.76	7.51	8.38	8.36	5.50	3.16
Enterprise Value to Free Cash Flow (EV/FCFF)	20.76	17.86	13.29	8.76	11.20	15.28	13.10	10.45	7.97	5.02	2.62
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.07	0.08	0.14	0.06	0.06	0.06	0.06	0.06	0.06	0.07	0.07
Long-Term Debt to Equity	0.07	0.08	0.08	0.06	0.06	0.06	0.06	0.06	0.06	0.07	0.07
Financial Leverage	-0.31	-0.33	-0.33	-0.31	-0.29	-0.32	-0.29	-0.33	-0.27	-0.32	-0.28
Leverage Ratio	1.33	1.35	1.38	1.32	1.33	1.35	1.36	1.31	1.36	1.38	1.39
Compound Leverage Factor	1.24	1.35	2.05	1.35	1.50	1.53	1.25	1.35	1.54	1.65	1.48
Debt to Total Capital	6.86%	7.21%	11.99%	5.91%	6.07%	5.90%	6.09%	5.91%	6.04%	6.27%	6.55%
Short-Term Debt to Total Capital	0.00%	0.00%	5.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	6.86%	7.21%	6.80%	5.91%	6.07%	5.90%	6.09%	5.91%	6.04%	6.27%	6.55%
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%	0.00%
Noncontrolling Interests to Total Capital	11.59%	8.97%	8.48%	6.77%	5.49%	6.15%	4.96%	7.58%	7.62%	4.83%	3.31%
Common Equity to Total Capital	81.55%	83.82%	79.53%	87.32%	88.44%	87.95%	88.94%	86.51%	86.34%	88.90%	90.14%
Debt to EBITDA	0.67	0.68	1.24	0.50	0.54	0.59	0.70	0.66	0.63	0.58	0.49
Net Debt to EBITDA	-1.77	-1.99	-1.93	-1.59	-1.49	-2.28	-2.53	-2.15	-1.90	-2.09	-1.97
Long-Term Debt to EBITDA	0.67	0.68	0.70	0.50	0.54	0.59	0.70	0.66	0.63	0.58	0.49
Debt to NOPAT	0.81	0.84	1.56	0.68	0.74	0.78	0.90	0.92	0.95	0.86	0.74
Net Debt to NOPAT	-2.16	-2.47	-2.43	-2.19	-2.05	-3.02	-3.27	-3.02	-2.85	-3.12	-2.98
Long-Term Debt to NOPAT	0.81	0.84	0.88	0.68	0.74	0.78	0.90	0.92	0.95	0.86	0.74
Altman Z-Score	2.96	3.12	2.61	3.04	3.03	2.71	2.48	2.63	2.49	2.21	2.03
Noncontrolling Interest Sharing Ratio	9.36%	8.14%	7.55%	7.63%	6.99%	5.86%	4.44%	12.98%	5.74%	4.42%	3.44%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	4.38	3.59	3.08	4.05	3.92	3.89	3.84	4.52	3.98	3.63	3.07
Quick Ratio	2.75	2.60	2.03	2.60	2.49	2.82	2.77	3.07	2.59	2.75	2.56
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-112	8.85	51	222	112	-21	10	105	198	223	417
Operating Cash Flow to CapEx	147.37%	6,507.89%	8,788.46%	11,778.95%	-277.78%	6,729.17%	11,415.79%	3,808.89%	-5,410.00%	2,000.00%	7,925.00%
Free Cash Flow to Firm to Interest Expense	-18.95	1.23	11.44	69.27	36.05	-6.68	3.19	32.89	63.90	72.04	134.67
Operating Cash Flow to Interest Expense	0.47	34.35	50.78	69.94	-1.61	50.47	67.78	53.56	-34.90	47.10	71.58
Operating Cash Flow Less CapEx to Interest Expense	0.15	33.82	50.20	69.34	-2.19	49.72	67.19	52.16	-35.55	44.74	70.68
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.38	0.37	0.34	0.35	0.34	0.33	0.33	0.31	0.33	0.34	0.37
Accounts Receivable Turnover	9.18	7.60	9.27	8.89	8.12	7.69	9.04	7.55	7.10	7.29	8.23
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	64.30	59.17	55.49	50.90	47.16	43.79	43.45	40.44	39.84	38.29	42.34
Accounts Payable Turnover	3.02	2.88	2.85	2.98	2.91	2.56	2.81	2.62	2.48	2.43	2.71
Days Sales Outstanding (DSO)	39.77	48.01	39.38	41.07	44.97	47.49	40.38	48.34	51.42	50.06	44.37
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	120.83	126.79	128.21	122.37	125.34	142.73	129.89	139.16	147.44	150.24	134.71
Cash Conversion Cycle (CCC)	-81.05	-78.78	-88.83	-81.30	-80.37	-95.24	-89.50	-90.82	-96.02	-100.17	-90.34
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	3,585	3,403	3,295	3,278	3,353	3,271	3,258	3,374	3,368	3,132	3,163
Invested Capital Turnover	0.73	0.74	0.71	0.67	0.64	0.66	0.64	0.60	0.61	0.69	0.72
Increase / (Decrease) in Invested Capital	232	132	37	-96	-15	138	95	-13	-119	-160	-320
Enterprise Value (EV)	5,312	6,036	5,467	4,726	4,757	3,869	3,200	3,613	3,531	2,601	1,923
Market Capitalization	5,696	6,703	6,063	5,348	5,323	4,734	4,060	4,223	4,069	3,481	3,003
Book Value per Share	$29.80	$28.88	$29.09	$27.89	$27.59	$27.39	$26.90	$27.04	$26.49	$26.32	$25.61
Tangible Book Value per Share	$3.98	$3.57	$5.23	$4.76	$4.48	$4.93	$4.71	$4.60	$4.20	$4.18	$3.69
Total Capital	5,757	5,478	5,825	5,125	5,006	5,160	5,010	5,178	5,082	4,904	4,707
Total Debt	395	395	699	303	304	305	305	306	307	308	308
Total Long-Term Debt	395	395	396	303	304	305	305	306	307	308	308
Net Debt	-1,051	-1,159	-1,090	-969	-842	-1,182	-1,109	-1,003	-925	-1,116	-1,236
Capital Expenditures (CapEx)	1.90	3.80	2.60	1.90	1.80	2.40	1.90	4.50	2.00	7.30	2.80
Debt-free, Cash-free Net Working Capital (DFCFNWC)	677	350	633	519	516	338	278	477	485	180	-119
Debt-free Net Working Capital (DFNWC)	2,124	1,905	2,421	1,791	1,661	1,825	1,693	1,786	1,717	1,604	1,425
Net Working Capital (NWC)	2,124	1,905	2,119	1,791	1,661	1,825	1,693	1,786	1,717	1,604	1,425
Net Nonoperating Expense (NNE)	3.90	20	38	-8.23	-44	-27	20	-8.35	-17	-18	-18
Net Nonoperating Obligations (NNO)	-1,777	-1,680	-1,832	-1,544	-1,349	-1,585	-1,446	-1,498	-1,407	-1,464	-1,236
Total Depreciation and Amortization (D&A)	8.50	8.60	5.50	5.30	5.10	4.90	5.80	6.10	6.10	7.40	7.10
Debt-free, Cash-free Net Working Capital to Revenue	26.63%	14.16%	27.11%	23.27%	23.91%	16.08%	13.58%	23.38%	23.32%	8.19%	-4.98%
Debt-free Net Working Capital to Revenue	83.51%	77.01%	103.77%	80.32%	76.99%	86.81%	82.62%	87.53%	82.55%	72.80%	59.75%
Net Working Capital to Revenue	83.51%	77.01%	90.81%	80.32%	76.99%	86.81%	82.62%	87.53%	82.55%	72.80%	59.75%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.77	$0.78	$0.17	$0.81	$0.81	$0.74	$0.56	$0.54	$0.53	$0.38	$0.65
Adjusted Weighted Average Basic Shares Outstanding	157.56M	157.56M	158.99M	159.26M	160.46M	161.73M	165.66M	165.66M	165.66M	165.66M	165.66M
Adjusted Diluted Earnings per Share	$0.77	$0.77	$0.17	$0.81	$0.81	$0.74	$0.56	$0.54	$0.53	$0.40	$0.65
Adjusted Weighted Average Diluted Shares Outstanding	157.56M	157.56M	158.99M	159.26M	160.46M	161.73M	165.66M	165.66M	165.66M	165.66M	165.66M
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	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	157.56M	157.56M	158.99M	159.26M	160.46M	161.73M	165.66M	165.66M	165.66M	165.66M	165.66M
Normalized Net Operating Profit after Tax (NOPAT)	120	141	88	125	97	117	106	92	79	63	97
Normalized NOPAT Margin	19.30%	19.93%	14.08%	21.29%	17.54%	20.58%	20.25%	17.82%	15.93%	12.31%	18.93%
Pre Tax Income Margin	23.91%	24.00%	14.98%	29.76%	31.39%	31.17%	19.04%	24.90%	24.61%	16.85%	27.78%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	27.12	23.65	14.02	53.72	49.61	48.63	33.84	39.03	34.68	23.42	43.42
NOPAT to Interest Expense	20.32	19.60	19.55	39.15	31.21	36.57	32.97	28.76	25.48	20.46	31.31
EBIT Less CapEx to Interest Expense	26.80	23.13	13.44	53.13	49.03	47.88	33.25	37.63	34.03	21.06	42.52
NOPAT Less CapEx to Interest Expense	20.00	19.08	18.97	38.55	30.63	35.82	32.38	27.36	24.84	18.11	30.41
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	59.00%	56.13%	54.53%	51.11%	55.12%	60.63%	71.20%	66.01%	90.42%	94.50%	82.13%
Augmented Payout Ratio	59.00%	56.13%	54.53%	51.11%	55.12%	60.63%	71.20%	66.01%	90.42%	94.50%	82.13%

Frequently Asked Questions About Janus Henderson Group's Financials

When does Janus Henderson Group's financial year end?

According to the most recent income statement we have on file, Janus Henderson Group's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Janus Henderson Group's net income changed over the last 9 years?

In the past 9 years, Janus Henderson Group's net income has ranged from $151.30 million in 2020 to $658.40 million in 2017, and is currently $445.60 million as of their latest financial filing in 2024. Check out Janus Henderson Group's forecast to explore projected trends and price targets.

What is Janus Henderson Group's operating income?

Janus Henderson Group's total operating income in 2024 was $645.70 million, based on the following breakdown:

Total Gross Profit: $1.76 billion
Total Operating Expenses: $1.11 billion

How has Janus Henderson Group revenue changed over the last 9 years?

Over the last 9 years, Janus Henderson Group's total revenue changed from $1.16 billion in 2015 to $2.47 billion in 2024, a change of 114.1%.

How much debt does Janus Henderson Group have?

Janus Henderson Group's total liabilities were at $1.88 billion at the end of 2024, a 14.6% increase from 2023, and a 222.4% increase since 2016.

How much cash does Janus Henderson Group have?

In the past 8 years, Janus Henderson Group's cash and equivalents has ranged from $323.20 million in 2016 to $1.22 billion in 2024, and is currently $1.22 billion as of their latest financial filing in 2024.

How has Janus Henderson Group's book value per share changed over the last 9 years?

Over the last 9 years, Janus Henderson Group's book value per share changed from 0.00 in 2015 to 28.88 in 2024, a change of 2,887.8%.

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This page (NYSE:JHG) was last updated on 5/25/2025 by MarketBeat.com Staff

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Janus Henderson Group (JHG) Financials

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