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JHGJanus Henderson Group plc
$51.95$8.0B
Overview & Verdict
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JHG logoJanus Henderson Group plc(JHG)Earnings, Financials & Key Ratios

JHG•NYSE
$51.95
9.9× P/E·Price updated Jul 7, 2026
SectorFinancial ServicesIndustryAsset ManagementSub-IndustryTraditional active asset managers
AboutJanus 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 invests in public equity and fixed income markets, as well as invests in real estate and private equity. Janus Henderson Group plc was founded in 1934 and is based in London, United Kingdom with additional offices in Jersey, United Kingdom and Sydney, Australia.Show more
  • EBITDA$1.01B+51.2%
  • Net Income$798M+95.2%
  • EPS (Diluted)5.23+104.3%
  • Gross Margin71.84%+4.6%
  • EBITDA Margin32.71%+20.7%
  • Operating Margin31.54%+20.8%
  • Net Margin25.77%+55.9%
  • ROE14.25%+73.2%

JHG Price & Volume

Janus Henderson Group plc (JHG) stock price & volume — 10-year historical chart

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Resilient Balance Sheet Offsets Active Management Volatility

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Persistent Net Outflow Pressure

Key Thesis Takeaways

  • Janus Henderson maintains a robust liquidity position with $2.6B in cash as of 2026Q1, providing a necessary buffer as the firm navigates structural shifts in the active asset management industry.
  • While the firm demonstrates pricing power with a 73.0% gross margin, investors should monitor the significant earnings volatility, evidenced by the net income contraction from $394.0M in 2025Q4 to $90.9M in 2026Q1.
  • Future performance remains contingent on the firm's ability to successfully pivot toward private markets and ETFs to mitigate persistent net outflow pressures.

Verdict Logic

while the firm trades at a 9.93 P/E TTM and maintains a 3.1% dividend yield, the extreme quarterly volatility in net income and reliance on non-operating gains suggest that investors should wait for more consistent operational cash flow conversion.

JHG Growth Metrics

Janus Henderson Group plc (JHG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years10.37%
5 Years6.15%
3 Years12.02%
TTM-

Profit CAGR

10 Years9.24%
5 Years43.7%
3 Years28.94%
TTM93.96%

EPS CAGR

10 Years6.52%
5 Years49.51%
3 Years32.86%
TTM101.98%

Return on Capital

10 Years9.9%
5 Years10.98%
3 Years10.86%
Last Year13.48%

JHG Recent Earnings

Janus Henderson Group plc (JHG) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 9/12 qtrs (75%)
Q2 2026Latest
May 8, 2026
Metric
Actual
Est
EPS
$0.90-6.5%
$0.96
Rev
$690M+23.1%
$560M
Q1 2026
Jan 30, 2026
Metric
Actual
Est
EPS
$2.01+68.9%
$1.19
Rev
$1.1B+63.0%
$701M
Q4 2025
Oct 30, 2025
Metric
Actual
Est
EPS
$1.09+7.9%
$1.01
Rev
$700M+8.8%
$644M
Q3 2025
Jul 31, 2025
Metric
Actual
Est
EPS
$0.90+7.1%
$0.84
Rev
$633M-1.5%
$643M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 8, 2026
$0.90vs $0.96-6.5%
$690Mvs $560M+23.1%
Q1 2026Jan 30, 2026
$2.01vs $1.19+68.9%
$1.1Bvs $701M+63.0%
Q4 2025Oct 30, 2025
$1.09vs $1.01+7.9%
$700Mvs $644M+8.8%
Q3 2025Jul 31, 2025
$0.90vs $0.84+7.1%
$633Mvs $643M-1.5%
Based on last 12 quarters of dataView full earnings history →

Latest JHG News

Recent stock market news and headlines for Janus Henderson Group plc (JHG)

PRNewsWire·Jun 23, 2026
Honeywell Aerospace Set to Join S&P 500 & S&P 100; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK, June 23, 2026 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P 100, S&P MidCap 400, and S&P SmallCap 600:  Honeywell Aerospace Inc. (NASD: HONA) will be added to the S&P 500 & 100 on Monday, June 29. Honeywell Aerospace will replace Conagra Brands Inc. (NYSE: CAG) in the S&P 500, and Conagra Brands will replace Grid Dynamics Holdings Inc.(NASD: GDYN) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, June 30.

Business Wire·Jun 18, 2026
Janus Henderson Announces Receipt of Required Regulatory Approvals and Client Consents Following Resounding Shareholder Approval of the Trian and General Catalyst Take-Private Transaction

LONDON--(BUSINESS WIRE)--Janus Henderson Group plc (NYSE: JHG; “Janus Henderson”, or the “Company”) today announced that it has secured the regulatory approvals and client consents required to complete its previously announced take-private transaction with Trian Fund Management, L.P. and its affiliated funds (“Trian”), and General Catalyst Group Management, LLC and its affiliated funds (“General Catalyst”). The receipt of required regulatory approvals and client consents represents a significan.

Peers Comparison

Key metrics vs top competitors for Janus Henderson Group plc (JHG)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
JHG logoJHGJanus Henderson Group plcCurrent
$51.95$8B9.9325.23%25.77%14.25%3.14%
IVZ logoIVZInvesco Ltd.
$27.40$12.17B-17.135.11%-3.69%-1.74%—
AMG logoAMGAffiliated Managers Group, Inc.
$359.72$9.5B15.8219.83%31.89%17.07%—
VRTS logoVRTSVirtus Investment Partners, Inc.
$155.15$1.04B7.77-8%14.61%11.15%—
BEN logoBENFranklin Resources, Inc.
$34.36$17.85B37.763.45%8.99%5.64%—
TROW logoTROWT. Rowe Price Group, Inc.
$120.16$26.15B12.993.12%28.28%17.56%—

Compare JHG vs Peers

Janus Henderson Group plc (JHG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs IVZ

Most directly comparable listed peer for JHG.

Scale Benchmark

vs BLK

Larger-name benchmark to compare JHG against a more recognizable public peer.

Peer Set

Compare Top 5

vs IVZ, AMG, VRTS, BEN

JHG SEC Filings & Documents

Janus Henderson Group plc (JHG) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 8, 2026·SEC

Material company update

Apr 17, 2026·SEC

Material company update

Mar 25, 2026·SEC

10-K Annual Reports

1
FY 2026

Feb 25, 2026·SEC

10-Q Quarterly Reports

2
FY 2026

May 8, 2026·SEC

FY 2025

Oct 30, 2025·SEC

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JHG Frequently Asked Questions

Janus Henderson Group plc (JHG) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Janus Henderson Group plc's revenue?

Janus Henderson Group plc (JHG) reported $3.18B in revenue for fiscal year 2025.

How fast is Janus Henderson Group plc growing?

Janus Henderson Group plc (JHG) grew revenue by 25.2% over the past year. This is strong growth.

Is JHG profitable?

Yes, Janus Henderson Group plc (JHG) is profitable, generating $770.2M in net income for fiscal year 2025 (25.8% net margin).

Dividend & Returns
Does JHG pay dividends?

Yes, Janus Henderson Group plc (JHG) pays a dividend with a yield of 3.14%. This makes it attractive for income-focused investors.

What is JHG's return on equity?

Janus Henderson Group plc (JHG) has a return on equity (ROE) of 14.3%. This is reasonable for most industries.

What is Janus Henderson Group plc's free cash flow?

Janus Henderson Group plc (JHG) generated $621.2M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in JHG back in 2004?

Total return calculator · dividends reinvested · 22+ years of data

See returns →