Janus Henderson Group plc
NYSE:JHG · New York Stock Exchange
+$0.19 today
Vol 7.91M · Avg 2.70M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
NYSE:JHG · Revenue to Net Income
Key Ratios
Analysis
$3.2B of revenue converted into $770.2M of net income for the selected period. Gross margin is 71.5% and net margin is 22.6%, showing how much revenue survives after costs and taxes. EPS is $5.09, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.1B +25.2% | $2.5B +17.7% | $2.1B -4.6% | $2.2B -20.4% | $2.8B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $872.1M +12.6% | $774.3M +20.9% | $640.7M -3.1% | $660.9M -11.3% | $744.9M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $2.2B +31.0% | $1.7B +16.3% | $1.5B -5.3% | $1.5B -23.7% | $2.0B | $8.9B | $7.6B | $6.2B |
| Gross Margin | 71.8% +3.2pp | 68.7% -0.8pp | 69.5% -0.5pp | 70.0% -3.1pp | 73.1% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $904.6M +4.9% | $862.1M +9.5% | $787.1M -2.2% | $804.7M -6.2% | $857.6M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $1.2B +18.5% | $1.1B +7.8% | $977.4M -7.2% | $1.1B -12.3% | $1.2B | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $36.3M +48.2% | $24.5M +7.0% | $22.9M -27.8% | $31.7M -22.1% | $40.7M | $374.2M | $1.2B | $631.8M |
| EBITDA | $564.7M -13.7% | $654.4M +16.3% | $562.6M +34.0% | $419.7M -51.8% | $871.2M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 18.2% -8.2pp | 26.5% -0.3pp | 26.8% +7.7pp | 19.0% -12.4pp | 31.5% | 5.6% | 46.3% | 42.0% |
| Operating Income | $976.8M +51.3% | $645.7M +33.5% | $483.7M -1.2% | $489.8M -40.3% | $820.9M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 31.5% +5.4pp | 26.1% +3.1pp | 23.0% +0.8pp | 22.2% -7.4pp | 29.7% | 16.6% | 24.1% | 22.0% |
| Interest Income | $0 | $0 | $0 | $0 | $0 | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $24.2M +34.4% | $18.0M +41.7% | $12.7M +0.8% | $12.6M -1.6% | $12.8M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $176.5M +622.2% | -$33.8M -178.1% | $43.3M +137.8% | -$114.4M -3475.0% | -$3.2M | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $1.2B +88.5% | $611.9M +16.1% | $527.0M +40.4% | $375.4M -54.1% | $817.7M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 37.2% +12.5pp | 24.7% -0.3pp | 25.1% +8.0pp | 17.0% -12.5pp | 29.6% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $245.7M +47.7% | $166.3M +65.8% | $100.3M -0.6% | $100.9M -50.9% | $205.3M | $1.3B | -$1.6B | $745.2M |
| Net Income | $798.3M +95.2% | $408.9M +4.3% | $392.0M +5.3% | $372.4M -39.9% | $620.0M | $4.9B | $4.8B | $4.7B |
| Net Margin | 25.8% +9.2pp | 16.5% -2.1pp | 18.7% +1.8pp | 16.9% -5.5pp | 22.4% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $5 +103.5% | $3 +8.4% | $2 +6.3% | $2 -37.9% | $4 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $5 +104.3% | $3 +8.0% | $2 +6.3% | $2 -37.5% | $4 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $152.0M -2.2% | $155.4M -3.1% | $160.4M -0.8% | $161.7M -3.7% | $167.9M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $152.7M -2.0% | $155.8M -2.9% | $160.5M -0.9% | $162.0M -3.9% | $168.5M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Affiliated Managers Group, Inc.
NYSE:AMG
$9.55B
Voya Financial, Inc.
NYSE:VOYA
$8.21B
Pinnacle Financial Partners, Inc.
NYSE:PNFP
$7.38B
Blue Owl Technology Finance Corp.
NYSE:OTF
$5.01B
Main Street Capital Corporation
NYSE:MAIN
$4.76B
Hamilton Lane Incorporated
NASDAQ:HLNE
$4.55B
Federated Hermes, Inc.
NYSE:FHI
$4.52B
Atlas Corp.
ATCO
$4.45B
Prospect Capital Corporation
NASDAQ:PSEC
$1.11B
Affiliated Managers Group, Inc.
NYSE:MGRE
$624.42M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does JHG generate?
Janus Henderson Group plc (JHG) reported $3.10B of revenue in fiscal 2025.
Is JHG profitable?
Janus Henderson Group plc (JHG) reported $798.30M of net income, with a net margin of 25.8%.
Explore More
Continue the stock analysis
Jump to another research area for this company.