Financials · CNS

Cohen & Steers Inc (CNS) financials

For the twelve months ended Sep 30, 2026, Cohen & Steers Inc reported $599.60M of revenue and $168.83M of net income.

Revenue, TTM
$599.60M
Revenue growth, YoY
+8.6%
Net income, TTM
$168.83M
Net income growth, YoY
+2.8%
Net margin
28.2%
EPS, diluted, TTM
$3.25
EPS growth, YoY
+1.9%
Cash
$66.12M
P/E
22.30
P/S
6.28
Market cap
$3.76B
Annual revenue$556.12M
FY2016FY2025
Annual net income$153.22M
FY2016FY2025
Annual free cash flow-$126.42M
FY2016FY2025

CNS revenue and earnings growth

CNS revenueQ3 2026$157.43M

Quarter YoY
+11.1%
QoQ
+3.1%
FY YoY
+7.5%
5Y CAGR
+5.4%
10Y CAGR
+5.4%

CNS revenue was $157.43M in fiscal Q3 2026 (ended Sep 30, 2026), up 11.1% from a year earlier and up 3.1% from the prior quarter. For the full fiscal 2025 it was $556.12M, up 7.5% from fiscal 2024. Compound annual growth was +5.4% over 5 years and +5.4% over 10 years. It rose in 8 of the last 10 fiscal years.

CNS net incomeQ3 2026$42.24M

Quarter YoY
+1.3%
QoQ
-14.4%
FY YoY
+1.3%
5Y CAGR
+14.9%
10Y CAGR
+9.0%

CNS net income was $42.24M in fiscal Q3 2026 (ended Sep 30, 2026), up 1.3% from a year earlier and down 14.4% from the prior quarter. For the full fiscal 2025 it was $153.22M, up 1.3% from fiscal 2024. Compound annual growth was +14.9% over 5 years and +9.0% over 10 years. It rose in 6 of the last 10 fiscal years.

CNS EPSQ3 2026$0.81

Quarter YoY
+0.0%
QoQ
-14.7%
FY YoY
+0.0%
5Y CAGR
+13.6%
10Y CAGR
+7.7%

CNS diluted EPS was $0.81 in fiscal Q3 2026 (ended Sep 30, 2026), up 0.0% from a year earlier and down 14.7% from the prior quarter. For the full fiscal 2025 it was $2.97, up 0.0% from fiscal 2024. Compound annual growth was +13.6% over 5 years and +7.7% over 10 years.

CNS free cash flowQ3 2026$19.98M

Quarter YoY
-62.0%

CNS free cash flow was $19.98M in fiscal Q3 2026 (ended Sep 30, 2026), down 62.0% from a year earlier. For the full fiscal 2025 it was -$126.42M, compared with $85.04M in fiscal 2024.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$556.12M$517.42M$489.64M$566.91M$583.83M$427.54M$410.83M$381.11M$378.70M$351.50M
Selling, general and admin$71.23M$60.13M$66.70M$54.83M$48.03M$56.29M$47.63M$48.27M$42.22M$42.99M
Operating income$177.74M$172.88M$164.48M$215.94M$260.37M$95.06M$160.13M$147.04M$154.75M$135.51M
Pre-tax income$204.63M$209.54M$180.25M$196.90M$281.94M$93.39M$187.55M$143.78M$160.40M$143.40M
Income tax-$46.75M$43.64M$47.41M$55.79M$18.22M$40.56M$34.26M$67.91M$50.59M
Net income$153.22M$151.26M$129.05M$171.04M$211.40M$76.58M$134.62M$113.90M$91.94M$92.94M
EPS, basic$2.99$3.00$2.62$3.51$4.38$1.60$2.85$2.43$1.98$2.02
EPS, diluted$2.97$2.97$2.60$3.47$4.31$1.57$2.79$2.40$1.96$2.00
Diluted shares51.5M50.9M49.6M49.3M49.1M48.7M48.3M47.4M47.0M46.4M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$145.45M$183.16M$187.44M$248.71M$185.36M$41.23M$101.35M$92.73M$193.45M$183.23M
Receivables$79.78M$74.39M--------
Goodwill$18.79M$17.51M$18.14M$17.80M$18.45M$19.25M$18.31M$18.50M$19.03M$17.68M
Total assets$876.69M$812.37M$736.55M$673.38M$492.69M$348.45M$402.42M$481.04M$410.13M$333.73M
Total liabilities$242.85M$237.46M$243.91M$246.44M$148.36M$123.55M$135.30M$144.20M$86.79M$67.06M
Shareholders' equity$561.95M$511.71M$381.23M$337.55M$255.18M$174.24M$213.70M$222.65M$275.54M$265.81M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow-$120.44M$96.69M$171.96M$61.68M$242.90M$89.19M$141.44M$72.60M$64.25M$114.96M
Capital expenditures$5.98M$11.65M$56.99M$4.22M$2.69M$2.50M$2.75M$3.47M$3.24M$10.18M
Free cash flow-$126.42M$85.04M$114.97M$57.46M$240.21M$86.68M$138.69M$69.13M$61.01M$104.78M
Investing cash flow$8.36M-$119.71M-$114.78M-$2.86M$47.65M-$1.77M$35.95M-$53.19M$5.71M$2.90M
Financing cash flow$73.84M$18.17M-$119.05M$8.97M-$145.43M-$148.90M-$170.13M-$118.11M-$60.42M-$74.54M
Dividends paid$126.92M$119.18M$112.45M$107.35M$147.56M$122.49M$162.71M$178.88M$98.31M$70.83M
Share repurchases$28.42M$21.11M$21.54M$26.82M$22.59M$25.94M$10.41M$10.60M$9.14M$8.04M
Stock-based compensation$45.96M$52.30M$44.47M$49.35M$40.46M$29.34M$27.81M$24.63M$22.36M$22.11M
Depreciation and amortization$9.79M$9.29M$4.11M$4.38M$4.09M$4.65M$4.40M$4.47M$4.32M$4.25M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY7.5%5.7%-13.6%-2.9%36.6%4.1%7.8%0.6%7.7%7.0%
Net income growth, YoY1.3%17.2%-24.6%-19.1%176.0%-43.1%18.2%23.9%-1.1%44.0%
EPS growth, YoY0.0%14.2%-25.1%-19.5%174.5%-43.7%16.3%22.4%-2.0%41.8%
Operating margin32.0%33.4%33.6%38.1%44.6%22.2%39.0%38.6%40.9%38.6%
Net margin27.6%29.2%26.4%30.2%36.2%17.9%32.8%29.9%24.3%26.4%
Free cash flow margin-22.7%16.4%23.5%10.1%41.1%20.3%33.8%18.1%16.1%29.8%
Return on equity27.3%29.6%33.9%50.7%82.8%44.0%63.0%51.2%33.4%35.0%
Return on assets17.5%18.6%17.5%25.4%42.9%22.0%33.5%23.7%22.4%27.8%

Source: XBRL data Cohen & Steers Inc files with the SEC, latest filing dated Oct 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

CNS peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
CNS$599.60M+8.6%$168.83M28.2%$3.76B
BX$16.08B+22.1%$3.56B22.1%$89.70B
KKR$21.31B+31.1%$3.15B14.8%$86.60B
APO$30.82B+12.2%-$918.00M-3.0%$68.94B
ARES$5.76B+7.6%$432.80M7.5%$44.25B
AMP$20.14B+8.8%$4.16B20.7%$43.54B
TROW$7.70B+6.9%$2.19B28.4%$23.13B
TPG$5.17B+21.6%$268.72M5.2%$17.90B

CNS FAQ

7 questions
  • What is CNS revenue?
    Cohen & Steers Inc (CNS) reported $599.60M of revenue for the twelve months ended Sep 30, 2026. That is up 8.6% from the year before. Revenue for fiscal 2025 was $556.12M.
  • Is CNS profitable?
    Yes. Cohen & Steers Inc earned $168.83M in net income for the twelve months ended Sep 30, 2026, a net margin of 28.2%.
  • How much cash and debt does CNS have?
    Cohen & Steers Inc reported $66.12M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is CNS revenue growing?
    Cohen & Steers Inc's revenue changed +7.5% in fiscal 2025, to $556.12M. Its compound annual growth rate was +5.4% over 5 years and +5.4% over 10 years.
  • What is CNS earnings per share?
    Diluted earnings per share were $3.25 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did CNS last report financial results?
    The latest statements here come from Cohen & Steers Inc's 10-Q filed on Oct 30, 2026, covering the period ended Sep 30, 2026.
  • Where does this CNS financial data come from?
    Quantisnow builds these statements from the structured XBRL data Cohen & Steers Inc files with the SEC. It is provided for information only and is not investment advice.