Cohen & Steers Inc

CNS Financial Asset Management

Cohen & Steers Inc’s revenue for fiscal 2025 (year ended December 2025) was $556.1 million, up 7.48% from fiscal 2024. In the quarter to June 2026, revenue grew 12.2%, EPS grew 33.3% and free cash flow grew 195.0%, each against the same quarter a year earlier. Dividend growth for three consecutive years; insiders bought in the last twelve months.

69.63 0.65 +0.94%
Market cap
$3.6B
P/E
21.3×
Fwd P/E
22.3×
Dividend yield
3.78%
F-score
3/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total buys 14.34
Total sells 2.48
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 3 — — — — — — — — — — —
Sell — — — 1 — — 1 1 1 — — —
Insider Ownership 46.12%

Capital & Financial Ratios $m

Market Cap 3,550.00
Revenue 583.89
Net Income 169.12
Free Cash Flow 68.38
Net Debt (612.20)
Current Ratio 12.46
Debt/Equity 0.00
P/E ratio 21.29
Fwd P/E 22.30
P/S ratio 6.15
P/B ratio 5.49
Past 5Y EPS Growth 13.60%
This Y EPS Growth 9.39%
Next Y EPS Growth 6.66%
Next Y revenue growth 10.53% (at or above 10%: strong)
Next 5Y EPS Growth 11.38%

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

Valuation vs history

P/E against its own 10 years 46.70%
10-year low 10-year high
P/S against its own 10 years 48.58%
10-year low 10-year high
P/B against its own 10 years 3.80%
10-year low 10-year high

Dividends

Payout Ratio 0.81
Annual Dividend Rate 2.63
Annual Dividend Yield 3.78%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 2.68
0.67
0.67
0.67
2025 2.48
0.62
0.62
0.62
0.62
2024 2.36
0.59
0.59
0.59
0.59
2023 2.28
0.57
0.57
0.57
0.57
2022 2.20
0.55
0.55
0.55
0.55
2021 1.35
0.45
0.45
0.45
1.25
2020 1.17
0.39
0.39
0.39
1.00
2019 1.44
0.36
0.36
0.36
0.36
2018 1.32
0.33
0.33
0.33
0.33
2017 0.84
0.28
0.28
0.28
1.00
2016 0.78
0.26
0.26
0.26
0.50
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 187 518 582 612
Receivables 74 76 82 84
Inventory — — — —
Other — — — —
261 593 662 697
2023 2024 2025 Q'26
Payables 10 11 9 10
ST’ Debt — — — —
Other — — — —
82 86 91 56

Compound Annual Growth %

10y 5y 3y
Sales 5.40% 5.40% (0.64%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 9.03% 14.88% (3.60%)
Book Value 10.18% 28.52% 21.39%

Revenue $m

Mar Jun Sep Dec Year
’26 146 153 — — —
’25 134 136 142 144 556
’24 123 122 133 140 517
’23 126 121 124 119 490
’22 154 147 140 125 567
’21 126 144 154 160 584
’20 106 94 111 116 428
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (51) 67 — — —
’25 (109) (68) 55 1 (120)
’24 5 31 26 35 97
’23 (15) 54 75 59 172
’22 (106) 58 52 58 62
’21 9 81 81 72 243
’20 (6) 61 32 2 89
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (51) 66 — — —
’25 (110) (70) 53 1 (126)
’24 1 27 24 33 85
’23 (20) 38 49 48 115
’22 (107) 57 51 57 57
’21 8 81 80 71 240
’20 (6) 60 31 1 87
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.82 0.95 — — —
’25 0.77 0.72 0.81 0.68 2.97
’24 0.68 0.63 0.77 0.89 2.97
’23 0.71 0.64 0.65 0.60 2.60
’22 0.85 1.06 0.90 0.66 3.47
’21 1.00 0.95 1.05 1.30 4.31
’20 0.42 0.59 0.66 (0.09) 1.57
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.7
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 26.72 33.19 32.95 33.16 33.52 62.43 52.34 50.05 64.13 58.39

Analyst estimates 2026–2028

Powerpack
High 43.83 47.82 47.83 68.23 78.82 101.22 94.40 78.87 110.67 93.22
People
People Employees 287 303 328 328 347 354 388 405 411 424
Revenue/emp, $m 1.22 1.25 1.16 1.25 1.23 1.65 1.46 1.21 1.26 1.31
Income, $m
Income, $m Revenue 351 379 381 411 428 584 567 490 517 556
Gross margin, % 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
EBT 143 160 144 188 93 282 197 180 210 205
EBT margin, % 40.80 42.36 37.73 45.65 21.84 48.29 34.73 36.81 40.50 36.80
Net income 93 92 110 147 75 226 149 137 163 157
Depreciation 8 15 15 15 16 16 17 18 16 18
Per share, $
Per share, $ Revenue 7.65 8.17 8.14 8.69 8.94 12.08 11.62 9.93 10.26 10.87
Earnings 2.02 1.98 2.43 2.85 1.60 4.38 3.51 2.62 3.00 2.99
Cash flow 2.50 1.39 1.55 2.99 1.87 5.03 1.26 3.49 1.92 (2.35)
Capex (0.22) (0.07) (0.07) (0.06) (0.05) (0.06) (0.09) (1.16) (0.23) (0.12)
Free cash flow 2.28 1.32 1.48 2.93 1.81 4.97 1.18 2.33 1.69 (2.47)
Book value 5.78 5.94 4.76 4.52 3.65 5.28 7.00 7.83 10.34 11.94
Shares, m 46 46 47 47 48 48 49 49 50 51
Valuation, ×
Valuation, × P/E 16.76 23.95 14.07 22.02 46.15 21.22 18.90 29.21 30.78 21.00
P/S 4.43 5.83 4.21 7.22 8.31 7.66 5.69 7.68 9.00 5.78
P/B 5.85 8.02 7.21 13.88 20.38 17.52 9.45 9.73 8.93 5.26
EV/Sales 3.77 5.04 3.38 7.08 8.29 7.39 5.31 7.35 8.05 4.78
EV/FCF 12.64 31.27 18.64 20.97 40.90 17.96 52.37 31.32 48.99 (21.04)
Cash, $m
Cash, $m Operating cash flow 115 64 73 141 89 243 62 172 97 (120)
Capex (10) (3) (3) (3) (3) (3) (4) (57) (12) (6)
Free cash flow 105 61 69 139 87 240 57 115 85 (126)
Balance, $m
Balance, $m Working capital 228 291 252 84 39 159 221 179 506 571
Total debt — — 54 43 35 25 139 — — —
Net debt (231) (302) (318) (101) (41) (184) (247) (187) (518) (582)
Shareholders’ equity 266 276 223 214 174 255 342 386 521 611
Returns, %
Returns, % ROA 29.09 24.72 25.56 30.48 20.40 50.26 29.34 18.31 19.53 18.14
ROIC 245.53 0.00 0.00 89.08 44.67 229.82 143.29 51.72 3,494.44 381.66
ROE 37.35 33.97 45.72 61.70 39.48 98.46 57.32 35.46 33.33 27.06
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Cohen & Steers 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
OTF Blue Owl Technology Finance Corp. $4.3B 11.4× 26.7× +5.81% (above 0%: growing) −23.26% (below 0%: shrinking) +22.79% (above 0%: growing) 100.00% 82.00% Compare
FHI Federated Hermes, Inc. $4.2B 10.4× 11.3× +18.34% (above 0%: growing) +18.97% (above 0%: growing) +342.66% (above 0%: growing) 100.00% 26.43% Compare
CNS Cohen & Steers Inc $3.6B 21.3× 22.3× +12.20% (above 0%: growing) +33.33% (above 0%: growing) +194.97% (above 0%: growing) 100.00% 34.55%
AAMI Acadian Asset Management Inc. $3.3B 32.5× — (loss-making) +45.29% (above 0%: growing) +175.00% (above 0%: growing) −65.25% (below 0%: shrinking) 100.00% 17.50% Compare
WT WisdomTree, Inc. $3.3B 38.1× 23.9× +57.31% (above 0%: growing) +76.47% (above 0%: growing) +95.88% (above 0%: growing) 100.00% 40.53% Compare
AB AllianceBernstein Holding L.P. $3.2B 10.3× — — +20.31% (above 0%: growing) −13.25% (below 0%: shrinking) — — Compare
GBDC Golub Capital BDC, Inc. $3.2B 18.6× 15.6× −14.02% (below 0%: shrinking) −35.29% (below 0%: shrinking) +196.17% (above 0%: growing) 100.00% 77.88% Compare
HTGC Hercules Capital, Inc. $3.1B 7.8× 8.8× +8.48% (above 0%: growing) +59.09% (above 0%: growing) +305.69% (above 0%: growing) 100.00% 77.89% Compare
FSK FS KKR Capital Corp. $3.0B — (loss-making) — (loss-making) −27.14% (below 0%: shrinking) n/m +618.52% (above 0%: growing) 100.00% 76.90% Compare
Median of peers $3.2B 11.4× 15.6× +8.48% +20.31% +146.03% 100.00% 76.90%

All 120 Asset Management stocks →

Cohen & Steers Inc (CNS) key facts

  • Strength: Cohen & Steers Inc’s revenue for fiscal 2025 (year ended December 2025) was $556.1 million, up 7.48% from fiscal 2024.
  • Cohen & Steers Inc (CNS) is an Asset Management company in the Financial sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, CNS traded at $69.63, a market capitalization of $3.6 billion.
  • Cohen & Steers Inc pays an annual dividend of $2.63 per share, a yield of 3.78%, with a payout ratio of 80.7%.
  • Return on equity was 27.1% and debt-to-equity 0.00.
  • Its Piotroski F-score is 3 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Cohen & Steers Inc (CNS) Latest News

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