Ameriprise Financial, Inc.

AMP Financial Asset Management

Ameriprise Financial, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $18.5 billion, up 7.04% from fiscal 2024. In the quarter to June 2026, revenue grew 12.9%, EPS grew 11.4%, free cash flow grew 65.1% and total debt rose 9.08%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for five, operating cash flow growth for three.

500.80 1.78 −0.35%
Market cap
$44.4B
P/E
11.9×
Fwd P/E
10.7×
Dividend yield
1.32%
F-score
7/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total sells 65.94
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 1 — — 4 — — 2 — 3 2 — —
Insider Ownership 4.02%

Capital & Financial Ratios $m

Market Cap 44,390.00
Revenue 19,503.00
Net Income 3,948.00
Free Cash Flow 8,064.00
Net Debt (3,916.00)
Current Ratio 0.71
Debt/Equity 0.99
P/E ratio 11.92
Fwd P/E 10.70
P/S ratio 2.36
P/B ratio 7.22
Past 5Y EPS Growth 24.35% (at or above 15%: strong)
This Y EPS Growth 18.23% (at or above 15%: strong)
Next Y EPS Growth 11.05%
Next Y revenue growth 8.41%
Next 5Y EPS Growth 13.41%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 39.58%
10-year low 10-year high
P/S against its own 10 years 61.00%
10-year low 10-year high
P/B against its own 10 years 67.56%
10-year low 10-year high

Dividends

Payout Ratio 0.16
Annual Dividend Rate 6.60
Annual Dividend Yield 1.32%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 6.67
1.60
1.70
1.70
2025 6.28
1.48
1.60
1.60
1.60
2024 5.79
1.35
1.48
1.48
1.48
2023 5.30
1.25
1.35
1.35
1.35
2022 4.88
1.13
1.25
1.25
1.25
2021 4.43
1.04
1.13
1.13
1.13
2020 4.09
0.97
1.04
1.04
1.04
2019 3.81
0.90
0.97
0.97
0.97
2018 3.53
0.83
0.90
0.90
0.90
2017 3.24
0.75
0.83
0.83
0.83
2016 2.92
0.67
0.75
0.75
0.75
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 7,564 8,522 10,103 10,248
Receivables 15,106 14,503 14,950 16,030
Inventory — — — —
Other — — — —
22,670 23,025 25,053 26,278
2023 2024 2025 Q'26
Payables 2,603 2,704 2,982 2,897
ST’ Debt — — — —
Other 37,321 35,826 33,750 33,732
40,125 38,731 36,932 36,829

Compound Annual Growth %

10y 5y 3y
Sales 4.27% 9.20% 9.03%
Cash Flow 11.95% 12.48% 23.61%
Earnings 8.60% 18.36% 4.20%
Book Value (2.43%) 2.22% 19.86%

Revenue $m

Mar Jun Sep Dec Year
’26 4,812 4,940 — — —
’25 4,354 4,375 4,791 4,960 18,480
’24 4,146 4,220 4,397 4,501 17,264
’23 3,742 3,876 3,925 3,992 15,535
’22 3,625 3,486 3,484 3,663 14,258
’21 3,350 3,418 2,903 3,706 13,377
’20 3,001 2,712 3,003 3,183 11,899
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 459 2,886 — — —
’25 1,686 1,764 2,204 2,669 8,323
’24 1,444 1,720 3,048 383 6,595
’23 1,056 561 925 2,143 4,685
’22 409 1,409 1,372 1,217 4,407
’21 (1,000) 1,931 843 1,551 3,325
’20 4,893 (190) 936 (1,016) 4,623
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 430 2,849 — — —
’25 1,650 1,726 2,160 2,625 8,161
’24 1,392 1,703 2,999 325 6,419
’23 1,015 518 875 2,093 4,501
’22 365 1,369 1,330 1,161 4,225
’21 (1,022) 1,898 812 1,517 3,205
’20 4,864 (223) 891 (1,056) 4,476
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 9.68 11.98 — — —
’25 5.83 10.73 9.33 10.47 36.28
’24 9.46 8.02 5.00 10.58 33.05
’23 3.79 8.21 8.14 3.57 23.71
’22 6.55 6.61 9.41 4.43 22.51
’21 3.58 4.88 8.65 11.37 23.00
’20 15.88 (4.31) (1.14) 1.43 12.20
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.4
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 76.00 110.56 95.69 102.79 80.01 185.71 219.99 275.09 368.41 396.14

Analyst estimates 2026–2028

Powerpack
High 119.32 173.62 183.90 169.74 198.16 312.15 339.41 383.78 577.00 582.05
People
People Employees 13,000 13,000 14,000 12,500 12,300 12,000 13,500 13,800 13,600 13,600
Revenue/emp, $m 0.91 0.93 0.92 1.04 0.97 1.11 1.06 1.13 1.27 1.36
Income, $m
Income, $m Revenue 11,800 12,132 12,835 12,967 11,899 13,377 14,258 15,535 17,264 18,480
Gross margin, % 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
EBT 1,591 2,214 2,484 2,232 1,831 4,185 3,931 3,234 4,267 4,504
EBT margin, % 13.48 18.25 19.35 17.21 15.39 31.29 27.57 20.82 24.72 24.37
Net income 1,313 1,480 2,098 1,893 1,534 3,417 3,149 2,556 3,401 3,563
Depreciation 248 234 198 183 207 98 (40) (154) (159) (93)
Per share, $
Per share, $ Revenue 70.96 78.73 88.15 96.70 96.11 114.04 128.10 146.97 170.93 191.11
Earnings 7.90 9.60 14.41 14.12 12.39 23.53 22.99 24.18 33.67 36.85
Cash flow 14.02 9.88 17.84 17.46 37.34 28.35 39.60 44.32 65.30 86.07
Capex (0.55) (1.05) (1.11) (1.07) (1.19) (1.02) (1.64) (1.74) (1.74) (1.68)
Free cash flow 13.46 8.83 16.72 16.39 36.16 27.32 37.96 42.58 63.55 84.40
Book value 37.84 38.90 38.38 42.72 47.39 50.65 34.17 44.74 51.76 67.72
Shares, m 166 154 146 134 124 117 111 106 101 97
Valuation, ×
Valuation, × P/E 14.16 17.74 7.25 11.78 16.03 10.35 11.27 15.68 15.81 13.29
P/S 1.58 2.16 1.18 1.72 2.02 2.65 2.43 2.58 3.11 2.57
P/B 2.96 4.37 2.72 3.90 4.10 5.96 9.09 8.47 10.29 7.24
EV/Sales 1.81 2.36 1.30 1.79 1.85 2.48 2.29 2.45 2.93 2.33
EV/FCF 9.54 21.06 6.86 10.57 4.91 10.34 7.73 8.45 7.87 5.27
Cash, $m
Cash, $m Operating cash flow 2,331 1,523 2,597 2,341 4,623 3,325 4,407 4,685 6,595 8,323
Capex (92) (162) (162) (143) (147) (120) (182) (184) (176) (162)
Free cash flow 2,239 1,361 2,435 2,198 4,476 3,205 4,225 4,501 6,419 8,161
Balance, $m
Balance, $m Working capital (4,167) (4,071) (4,326) (5,478) (5,159) 516 (10,506) (17,455) (15,706) (11,879)
Total debt 5,236 5,097 4,610 4,725 4,744 4,996 5,184 5,554 5,271 5,662
Net debt 2,750 2,477 1,513 898 (2,101) (2,252) (1,913) (2,010) (3,251) (4,441)
Shareholders’ equity 6,292 5,995 5,588 5,729 5,867 5,941 3,803 4,729 5,228 6,549
Returns, %
Returns, % ROA 0.92 1.03 1.47 1.31 0.97 2.00 1.88 1.53 1.91 1.91
ROIC 12.66 17.86 24.02 23.07 33.08 71.34 146.86 99.67 163.76 173.27
ROE 17.90 24.09 36.23 33.45 26.46 57.88 64.63 59.92 68.31 60.51
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Ameriprise Financial, Inc. vs peers in Asset Management (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
KKR KKR & Co. Inc. $78.7B 25.7× 25.9× +12.52% (above 0%: growing) +39.62% (above 0%: growing) +762.68% (above 0%: growing) 37.79% 6.89% Compare
BAM Brookfield Asset Management Ltd. $75.3B 26.0× 24.1× +60.83% (above 0%: growing) +47.37% (above 0%: growing) +3.02% (above 0%: growing) 100.00% 65.83% Compare
APO Apollo Global Management Inc. $66.1B 39.6× 15.6× +63.68% (above 0%: growing) +118.00% (above 0%: growing) +128.29% (above 0%: growing) 100.00% 22.42% Compare
STT State Street Corporation $46.0B 13.1× 13.4× +5.36% (above 0%: growing) +40.48% (above 0%: growing) +65.74% (above 0%: growing) 66.12% 0.00% Compare
AMP Ameriprise Financial, Inc. $44.4B 11.9× 10.7× +12.91% (above 0%: growing) +11.40% (above 0%: growing) +65.06% (above 0%: growing) 100.00% 29.70%
ARES Ares Management Corporation $37.7B 51.5× 21.0× +5.81% (above 0%: growing) +6.52% (above 0%: growing) −197.89% (below 0%: shrinking) 100.00% 17.40% Compare
NTRS Northern Trust Corporation $30.3B 14.1× 15.2× +16.99% (above 0%: growing) +98.60% (above 0%: growing) −113.28% (below 0%: shrinking) 64.06% 0.00% Compare
RJF Raymond James Financial, Inc. $30.3B 13.4× 13.4× +13.53% (above 0%: growing) +41.67% (above 0%: growing) −148.58% (below 0%: shrinking) 100.00% 26.55% Compare
PFG Principal Financial Group, Inc. $23.3B 15.2× 11.5× +6.39% (above 0%: growing) +3.31% (above 0%: growing) +154.82% (above 0%: growing) 48.38% 12.71% Compare
Median of peers $41.9B 20.4× 15.4× +13.03% +41.08% +34.38% 83.06% 15.06%

All 120 Asset Management stocks →

AMP metrics, ten years each

Ameriprise Financial, Inc. (AMP) key facts

  • Strength: Ameriprise Financial, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $18.5 billion, up 7.04% from fiscal 2024.
  • Ameriprise Financial, Inc. (AMP) is an Asset Management company in the Financial sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, AMP traded at $500.80, a market capitalization of $44.4 billion.
  • Ameriprise Financial, Inc. pays an annual dividend of $6.60 per share, a yield of 1.32%, with a payout ratio of 15.9%.
  • Return on equity was 60.5% and debt-to-equity 0.99.
  • Its Piotroski F-score is 7 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Ameriprise Financial, Inc. (AMP) Latest News

24 Jul

stockrow.com/AMP · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com