Cohen & Steers, Inc.

Cohen & Steers, Inc.

CNS
Cohen & Steers, Inc.US flagNew York Stock Exchange
70.20
USD
-1.00
- -
3.61BMarket Cap
Cohen & Steers, Inc.
CNS
(New York Stock Exchange)

Recent

price

70.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
4.34
5.52
6.31
6.78
7.06
7.27
7.7
8.26
8.37
8.83
9.01
12.14
11.76
10.23
10.65
11.3
11.49
Revenue per Share
1.09
1.26
1.51
1.54
1.69
1.42
2.02
1.98
2.43
2.85
1.6
4.38
3.51
2.62
3
2.99
3.04
Basic EPS, GAAP
1.2
1.61
0.39
1.57
1.09
1.92
2.28
1.32
1.48
2.93
1.81
4.97
1.18
2.33
1.69
-2.47
-1.32
Free Cash Flow per Basic Share
2.4
1.6
2.22
1.8
1.88
1.5
1.54
2.12
3.82
3.44
2.56
3.05
2.2
2.28
2.36
2.48
2.53
Dividend per Share
-1.52
-1.91
-2.68
-2.96
-3.18
-3.25
-2.77
-2.97
-4.44
-5.12
-6.09
-4.79
-3.5
-3.2
-2.55
-2.06
-1.92
Book Value per Share
4.94
4.94
5.66
4.55
4.64
4.92
5.39
6.54
6.78
5.24
4.28
6.72
8.36
9.6
11.03
12
12.62
Tangible Book Value per Share
43
43
44
44
45
45
46
46
47
47
48
48
49
49
50
51
51
Basic Weighted Avg Shares
185
238
276
300
316
330
354
383
392
418
431
587
574
504
537
578
589
Sales/Revenue/Turnover
29.29
36.96
35.85
36.21
39.24
39.11
38.92
41.53
40.22
39.96
22.84
44.87
38.83
35.52
35.81
34.55
34.72
Operating Margin (%)
5
5
6
9
6
6
4
12
14
15
16
16
6
5
11
12
12
Depreciation Expense
46
54
66
68
76
65
93
92
114
135
77
211
171
129
151
153
156
Net Income, GAAP
29.15
37.51
34.91
39.39
37.93
42.94
35.28
42.34
23.83
21.63
19.51
19.79
24.08
24.21
22.31
23.08
25.64
Effective Tax Rate (%)
25.05
22.79
23.95
22.71
23.9
19.55
26.28
24
29.09
32.24
17.77
36.03
29.81
25.59
28.18
26.5
26.44
Profit Margin (%)
142
225
271
191
190
230
263
326
233
147
95
262
314
324
371
382
330
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
54
43
35
25
139
140
141
138
136
LT Debt
233
235
270
224
229
243
267
323
337
267
225
344
427
493
575
634
667
Total Equity
14.58
22.8
24.83
25.82
33.17
30.54
33.87
29.62
31.86
35.22
26.18
63.61
35.05
22.4
21.98
20.56
19.05
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
140
138
136
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
51
51
51
Market Capitalization
3,351
3,212
3,207

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
367
393
344
Cash, Cash Equivalents & STI
296
311
253
Accounts Receivable, Net
68
80
89
Inventories
- -
- -
- -
Total Current Liabilities
10
11
14
Payables & Accruals
10
11
14
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.8%
23.89%
10.25%
Free Cash Flow
-1.9%
-14.71%
-248.67%
Net Income, GAAP
19.28%
30.18%
1.29%
Sales/Revenue/Turnover
6.35%
7.2%
7.71%
Total Cash Common Dividend
10.13%
2.09%
6.5%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
127
127
139
145
537
2025
140
142
147
149
578
2026
151
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.69
0.63
0.78
0.9
3
2025
0.78
0.72
0.81
0.68
2.99
2026
0.82
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.59
0.59
0.59
0.59
2.36
2025
0.62
0.62
0.62
0.62
2.48
2026
0.67
- -
- -
- -
- -
Business
Cohen & Steers, Inc. (NYSE: CNS) is an asset management firm specializing in real assets and alternative investments. The company offers a diverse range of products including closed-end funds, exchange-traded funds (ETFs), mutual funds, and separately managed accounts focused on real estate securities, infrastructure equities, preferred securities, utilities, and commodities; it also provides sub-advisory services and model portfolios to institutional and retail investors worldwide. Cohen & Steers operates primarily in the United States, Europe, and Asia, serving institutional clients such as pension funds, endowments, and sovereign wealth funds, as well as individual investors through intermediary channels. Founded in 1986 and headquartered in New York City, the firm manages approximately $85 billion in assets under management as of late 2025, with key subsidiaries including Cohen & Steers Capital Management, Inc.. In recent developments, Cohen & Steers launched several new ETFs in 2024 and 2025, including the Cohen & Steers Real Estate Securities and Utilities ETF and expanded its infrastructure-focused offerings to capitalize on global energy transition trends; the company also completed a strategic partnership with a major European pension fund in mid-2025 to enhance distribution of its alternative strategies across the region. Additionally, Cohen & Steers raised $500 million through a new closed-end fund issuance in Q3 2025 targeting U.S. infrastructure debt, marking its largest such offering in two years, and announced the acquisition of a boutique preferred securities manager to bolster its fixed-income alternatives platform. These moves reflect the firm's ongoing expansion into high-growth segments amid rising demand for real asset diversification.

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