10 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 6.1% per year over the past 5 years.
Net income has grown faster than revenue (7.1% vs 6.1% per year).
Operating margin has expanded, at 31.5% in the latest year.
Free cash flow has grown 2.5% per year over the past 5 years.
Financial health
The company holds more cash ($1.3B) than total debt ($396M).
Total debt has grown in line with revenue (4.8% vs 6.1% per year).
Operating income covered interest expense 40× in the latest year, up from 9.9× 5 years ago.
Total debt is 0.4× EBITDA.
Shareholder returns
Dividends have been paid for 10 consecutive years, consuming 30.5% of earnings and 35.1% of free cash flow.
The dividend has declined 1.1% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$3.1B
$816M
0.0%
31.5%
$711M
$396M
$1.3B
2024
$2.5B
$409M
0.0%
26.1%
$685M
$395M
$1.2B
2023
$2.1B
$393M
0.0%
23.0%
$431M
$305M
$1.2B
2022
$2.2B
$372M
0.0%
22.2%
$456M
$308M
$1.2B
2021
$2.8B
$620M
0.0%
29.7%
$885M
$310M
—
2020
$2.3B
—
0.0%
5.6%
$628M
$313M
—
2019
$2.2B
—
0.0%
24.7%
$425M
$316M
—
2018
$2.3B
—
0.0%
28.2%
$642M
$319M
—
2017
$1.8B
—
0.0%
24.3%
$426M
$379M
—
2016
$1.0B
—
0.0%
22.8%
$221M
—
—
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$690M
$91M
0.0%
16.5%
$232M
$396M
$1.4B
Dec '25
$1.1B
$403M
0.0%
42.7%
$320M
$396M
$1.3B
Sep '25
$700M
$142M
0.0%
24.6%
$256M
$395M
$997M
Jun '25
$633M
$150M
0.0%
25.9%
$133M
$395M
$883M
Mar '25
$621M
$121M
0.0%
24.7%
$900000
$395M
$1.1B
Dec '24
$708M
$122M
0.0%
27.9%
$244M
$395M
$1.2B
Sep '24
$625M
$27M
0.0%
26.4%
$226M
$699M
$1.5B
Jun '24
$588M
$130M
0.0%
27.9%
$222M
$303M
$1.0B
Mar '24
$552M
$130M
0.0%
21.6%
-$7M
$304M
$905M
Dec '23
$569M
$121M
0.0%
25.3%
$159M
$305M
$1.2B
Sep '23
$521M
$94M
0.0%
23.4%
$215M
$305M
$1.1B
Jun '23
$517M
$90M
0.0%
22.8%
$167M
$306M
$997M
Mar '23
$496M
$87M
0.0%
20.3%
-$110M
$307M
$844M
Dec '22
$515M
$65M
0.0%
13.2%
$139M
$308M
$1.2B
Sep '22
$513M
$108M
0.0%
23.5%
$219M
$308M
—
Jun '22
$556M
$96M
0.0%
25.9%
$158M
$309M
—
Mar '22
$620M
$104M
0.0%
25.4%
-$60M
$310M
—
Dec '21
$697M
—
0.0%
22.6%
$277M
$310M
—
Sep '21
$687M
—
0.0%
36.1%
$315M
$311M
—
Jun '21
$738M
—
0.0%
30.5%
$270M
$312M
—
Valuation over time
How the market has priced JHG against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 11.0× (Mar '23) to 9.8× (Jun '26).
The price-to-sales ratio has risen from 1.9× (Mar '23) to 2.6× (Jun '26).
The dividend yield has fallen from 6.3% (Mar '23) to 3.1% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is JHG growing its revenue and profit?
Over the past 5 years, Janus Henderson Group Plc's revenue has grown 6.1% per year, and net income grown 7.1% per year. These are computed facts, not advice.
How much debt does JHG have?
As of FY2025, Janus Henderson Group Plc reported $396M of total debt against $1.3B of cash; operating income covered interest expense 40×.
What is JHG's profit margin?
In FY2025, gross margin was —, operating margin 31.5%, and net margin 26.3%.
What is JHG's P/E ratio?
As of Jun '26, Janus Henderson Group Plc traded at a price-to-earnings ratio of about 9.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.