Cohen & Steers (CNS) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Cohen & Steers

NYSE•Financial Services•Asset Management

$71.85-0.49(-0.01%)Pre-market

Market Cap

$3.80B

P/E

22.6x

P/S

6.5x

P/B

6.5x

Cohen & Steers, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to institutional investors, including pension funds, endowments, and foundations. It manages separate client-focused equity, fixed income, multi-asset, and commodity portfolios through its subsidiaries. The firm launches and manages equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. Through its subsidiaries, it also launches and manages hedge funds. The firm invests in public equity, fixed income, and commodity markets across the globe through its subsidiaries. Through its subsidiaries, it invests in companies operating in the real estate sector, including real estate investment trusts, infrastructure sector, and natural energy resources sector for its equity and fixed income investments. The firm also invests in preferred securities for its fixed income investments through its subsidiaries. The firm is a leading global investment manager specializing in real assets and alternative income, including real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Cohen & Steers, Inc. was founded in 1986 and is based in New York.

How this company scores

AverageMetricSide Score: 53/100

Strongest: Profitability (19/25); weakest: Growth (5/25).

Profitability19/25

Growth5/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality14/25

Strengths

Strong marginsHigh ROEInterest easily coveredNet cash position

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 22.6x5y range 15.1x – 36.5x

Currently near its 20-quarter median.

P/S · 6.5x5y range 5.0x – 9.8x

Currently near its 20-quarter median.

P/B · 6.5x5y range 5.6x – 17.5x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Red Flag

FCF consistently trails net income (avg -0.3x) — earnings may be inflated by non-cash items or aggressive accounting.

Cash Burn

Watch

FCF turned negative in 3 of the last 8 quarters — occasional cash consumption.

Price & Volume

Market Cap $3.80B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $583.89M
Q. Revenue: $152.73M
TTM EBITDA: $202.34M
TTM Op. Income: $192.11M
Q. Op. Income: $52.77M
TTM Net Income: $168.30M
Q. Net Income: $49.34M
EPS: $0.96
Shares Out.: $51.55M

$583.89M in TTM revenue declined 12.4% YoY, reaching $152.73M last quarter. TTM EBITDA of $202.34M and TTM operating income of $192.11M show growth is flowing through to the bottom line. TTM net income of $168.30M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 36.3%
Op. Margin: 34.6%
Net Margin: 32.3%

Op. margin of 34.6% is up 2.7% YoY — cost efficiency is improving. Net margin at 32.3% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 22.6x
P/S Ratio: 6.5x
P/B Ratio: 6.5x

At 22.6x P/E, the stock trades within typical market levels. P/S of 6.5x and P/B of 6.5x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 15% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $900.98M
Cash: $59.15M
Long-Term Debt: N/A
Book Value: $589.38M
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $67.39M
TTM Free Cash Flow: $68.38M
FCF Margin: 11.7%
FCF / Net Income: 0.4

TTM FCF of $68.38M on $67.39M in operating cash flow. The FCF / Net Income ratio of 0.4x means cash covers only part of net income — earnings quality needs attention. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.