Janus Henderson Group (JHG) Stock Fundamentals, Analysis & Risk Signals

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

Janus Henderson Group

NYSE•Financial Services•Asset Management

$51.95-0.02(<0.01%)Pre-market

Market Cap

$7.80B

P/E

9.9x

P/S

2.5x

P/B

1.5x

Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients. It specializes in growth capital, middle market & buyout investments. It focuses on commercial services and supplies, air freight & logistics, consumer durables and apparel, hotels, beverage & food products, health care, diversified financial services, multi-sector holdings, specialized finance, consumer finance, capital markets, REITs, mortgage REITs, communication equipment, media, alternative energy resource. It invests in public equity and fixed income markets, as well as invests in real estate and private equity. The firm invests in companies based in China & India. It invests between $10 million and $30 million. Janus Henderson Group plc was founded in 1934 and is based in London, United Kingdom with additional offices in Australia and North America.

How this company scores

ExcellentMetricSide Score: 95/100

Strongest: Growth (25/25); weakest: Profitability (22/25).

Profitability22/25

Growth25/25

Balance Sheet & Red Flags23/25

Cash & Earnings Quality25/25

Strengths

Growing revenueRising free cash flowStrong marginsHigh ROE

No red flags in the last 8 quarters.

Price & Volume

Market Cap $7.80B

Metrics at a Glance

as of March 2026

Revenue & Profit

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

TTM Revenue: $3.17B
Q. Revenue: $690.00M
TTM EBITDA: $976.30M
TTM Op. Income: $937.10M
Q. Op. Income: $113.90M
TTM Net Income: $786.10M
Q. Net Income: $90.90M
EPS: $0.59
Shares Out.: $150.10M

$3.17B in TTM revenue grew 24.5% YoY, reaching $690.00M last quarter. TTM EBITDA of $976.30M and TTM operating income of $937.10M show growth is flowing through to the bottom line. TTM net income of $786.10M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 18.2%
Op. Margin: 16.5%
Net Margin: 13.2%

Op. margin of 16.5% is down 8.2% YoY — costs are rising relative to revenue. Net margin at 13.2% Over the past year, operating margin is down 33% — a weakening trend.

Price Ratios

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

P/E Ratio: N/A
P/S Ratio: N/A
P/B Ratio: N/A

P/S of 0.0x and P/B of 0.0x.

Assets & Liabilities

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

Total Assets: $7.80B
Cash: $1.38B
Long-Term Debt: $395.60M
Book Value: $5.18B
D/E Ratio: 0.1
Debt/EBITDA: 3.2

With $7.80B in assets and $395.60M in long-term debt, D/E is 0.1and book value is $5.18B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 5 consecutive quarters — an improving trend.

Cash Flow

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

Op. Cash Flow: $234.80M
TTM Free Cash Flow: $941.60M
FCF Margin: 29.7%
FCF / Net Income: 1.2

TTM FCF of $941.60M on $234.80M in operating cash flow. The FCF / Net Income ratio of 1.2x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 3 consecutive quarters — an improving trend.