Stocks · Financials · Investment Advice

COHEN & STEERS, INC.

CNS Clue Score45
United States Fiscal year ends December CIK 0001284812
$69.26 -2.05% Close, 9 Oct 2026
Price $69.26 −18.26% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue349.9Operating income135.5Net income92.9EPS, diluted2.00Fiscal year 2017Revenue378.7 +8.2%Operating income154.7Net income91.9 −1.1%EPS, diluted1.96 −2.0%Fiscal year 2018Revenue381.1 +0.6%Operating income147.0Net income113.9 +23.9%EPS, diluted2.40 +22.4%Fiscal year 2019Revenue410.8 +7.8%Operating income160.1Net income134.6 +18.2%EPS, diluted2.79 +16.3%Fiscal year 2020Revenue427.5 +4.1%Operating income95.1Net income76.6 −43.1%EPS, diluted1.57 −43.7%Fiscal year 2021Revenue583.8 +36.6%Operating income260.4Net income211.4 +176.0%EPS, diluted4.31 +174.5%Fiscal year 2022Revenue566.9 −2.9%Operating income215.9Net income171.0 −19.1%EPS, diluted3.47 −19.5%Fiscal year 2023Revenue489.6 −13.6%Operating income164.5Net income129.0 −24.6%EPS, diluted2.60 −25.1%Fiscal year 2024Revenue517.4 +5.7%Operating income172.9Net income151.3 +17.2%EPS, diluted2.97 +14.2%Fiscal year 2025Revenue556.1 +7.5%Operating income177.7Net income153.2 +1.3%EPS, diluted2.97 +0.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 349.9 378.7 381.1 410.8 427.5 583.8 566.9 489.6 517.4 556.1
Growth +8.2% +0.6% +7.8% +4.1% +36.6% −2.9% −13.6% +5.7% +7.5%
Operating income 135.5 154.7 147.0 160.1 95.1 260.4 215.9 164.5 172.9 177.7
Net income 92.9 91.9 113.9 134.6 76.6 211.4 171.0 129.0 151.3 153.2
Growth −1.1% +23.9% +18.2% −43.1% +176.0% −19.1% −24.6% +17.2% +1.3%
EPS, diluted 2.00 1.96 2.40 2.79 1.57 4.31 3.47 2.60 2.97 2.97
Growth −2.0% +22.4% +16.3% −43.7% +174.5% −19.5% −25.1% +14.2% +0.0%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin38.7%Net margin26.6%Free cash flow margin29.9%Fiscal year 2017Operating margin40.9%Net margin24.3%Free cash flow margin16.1%Fiscal year 2018Operating margin38.6%Net margin29.9%Free cash flow margin18.1%Fiscal year 2019Operating margin39.0%Net margin32.8%Free cash flow margin33.8%Fiscal year 2020Operating margin22.2%Net margin17.9%Free cash flow margin20.3%Fiscal year 2021Operating margin44.6%Net margin36.2%Free cash flow margin41.1%Fiscal year 2022Operating margin38.1%Net margin30.2%Free cash flow margin10.1%Fiscal year 2023Operating margin33.6%Net margin26.4%Free cash flow margin23.5%Fiscal year 2024Operating margin33.4%Net margin29.2%Free cash flow margin16.4%Fiscal year 2025Operating margin32.0%Net margin27.6%Free cash flow margin−22.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin 38.7% 40.9% 38.6% 39.0% 22.2% 44.6% 38.1% 33.6% 33.4% 32.0%
Net margin 26.6% 24.3% 29.9% 32.8% 17.9% 36.2% 30.2% 26.4% 29.2% 27.6%
Free cash flow margin 29.9% 16.1% 18.1% 33.8% 20.3% 41.1% 10.1% 23.5% 16.4% −22.7%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow115.0Capital expenditure−10.2Free cash flow104.8Buybacks−8.0Dividends paid−70.8Fiscal year 2017Operating cash flow64.3Capital expenditure−3.2Free cash flow61.0 −41.8%Buybacks−9.1Dividends paid−98.3Fiscal year 2018Operating cash flow72.6Capital expenditure−3.5Free cash flow69.1 +13.3%Buybacks−10.6Dividends paid−178.9Fiscal year 2019Operating cash flow141.4Capital expenditure−2.8Free cash flow138.7 +100.6%Buybacks−10.4Dividends paid−162.7Fiscal year 2020Operating cash flow89.2Capital expenditure−2.5Free cash flow86.7 −37.5%Buybacks−25.9Dividends paid−122.5Fiscal year 2021Operating cash flow242.9Capital expenditure−2.7Free cash flow240.2 +177.1%Buybacks−22.6Dividends paid−147.6Fiscal year 2022Operating cash flow61.7Capital expenditure−4.2Free cash flow57.5 −76.1%Buybacks−26.8Dividends paid−107.4Fiscal year 2023Operating cash flow172.0Capital expenditure−57.0Free cash flow115.0 +100.1%Buybacks−21.5Dividends paid−112.4Fiscal year 2024Operating cash flow96.7Capital expenditure−11.7Free cash flow85.0 −26.0%Buybacks−21.1Dividends paid−119.2Fiscal year 2025Operating cash flow−120.4Capital expenditure−6.0Free cash flow−126.4 −248.7%Buybacks−28.4Dividends paid−126.9
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 115.0 64.3 72.6 141.4 89.2 242.9 61.7 172.0 96.7 −120.4
Capital expenditure −10.2 −3.2 −3.5 −2.8 −2.5 −2.7 −4.2 −57.0 −11.7 −6.0
Free cash flow 104.8 61.0 69.1 138.7 86.7 240.2 57.5 115.0 85.0 −126.4
Growth −41.8% +13.3% +100.6% −37.5% +177.1% −76.1% +100.1% −26.0% −248.7%
Buybacks −8.0 −9.1 −10.6 −10.4 −25.9 −22.6 −26.8 −21.5 −21.1 −28.4
Dividends paid −70.8 −98.3 −178.9 −162.7 −122.5 −147.6 −107.4 −112.4 −119.2 −126.9

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash183.2Shareholders’ equity265.8Fiscal year 2017Cash193.5Shareholders’ equity275.5Fiscal year 2018Cash92.7Shareholders’ equity222.6Fiscal year 2019Cash101.4Shareholders’ equity213.7Fiscal year 2020Cash41.2Shareholders’ equity174.2Fiscal year 2021Cash184.4Shareholders’ equity255.2Fiscal year 2022Cash247.4Shareholders’ equity337.6Fiscal year 2023Cash187.4Shareholders’ equity381.2Fiscal year 2024Cash183.0Shareholders’ equity511.7Fiscal year 2025Cash145.5Shareholders’ equity562.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 183.2 193.5 92.7 101.4 41.2 184.4 247.4 187.4 183.0 145.5
Shareholders’ equity 265.8 275.5 222.6 213.7 174.2 255.2 337.6 381.2 511.7 562.0

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
349.9 378.7 381.1 410.8 427.5 583.8 566.9 489.6 517.4 556.1
Growth +8.2% +0.6% +7.8% +4.1% +36.6% −2.9% −13.6% +5.7% +7.5%
43.0 42.2 48.3 47.6 56.3 48.0 54.8 66.7 60.1 71.2
135.5 154.7 147.0 160.1 95.1 260.4 215.9 164.5 172.9 177.7
Growth +14.2% −5.0% +8.9% −40.6% +173.9% −17.1% −23.8% +5.1% +2.8%
143.4 160.4 143.8 187.5 93.4 281.9 196.9 180.3 209.5 204.6
50.6 67.9 34.3 40.6 18.2 55.8 47.4 43.6 46.7 n/a
92.9 91.9 113.9 134.6 76.6 211.4 171.0 129.0 151.3 153.2
Growth −1.1% +23.9% +18.2% −43.1% +176.0% −19.1% −24.6% +17.2% +1.3%
Per share
2.02 1.98 2.43 2.85 1.60 4.38 3.51 2.62 3.00 2.99
2.00 1.96 2.40 2.79 1.57 4.31 3.47 2.60 2.97 2.97
Growth −2.0% +22.4% +16.3% −43.7% +174.5% −19.5% −25.1% +14.2% +0.0%
46.0 46.4 46.8 47.3 47.8 48.3 48.8 49.3 50.4 51.2
46.4 47.0 47.4 48.3 48.7 49.1 49.3 49.6 50.9 51.5
Growth +1.2% +0.9% +1.9% +0.8% +0.9% +0.4% +0.5% +2.8% +1.2%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 5.4% a year over five years, and earnings per share grew 13.6% a year.
  • The diluted share count rose 5.9% in five years, which is dilution.
  • Operating margin is up 9.7 points on five years ago, at 32.0%.
  • Profitable in every one of the 10 years on file.