Cohen & Steers, Inc.

CNS

CNSCohen & Steers, Inc. US flag

New York Stock Exchange

71.20

USD

+0.66

- -

3.66BMarket Cap

Income Statement (USD)

API Chat

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Sales/Revenue/Turnover	238	276	300	316	330	354	383	392	418	431	587	574	504	537	578
+ Sales & Services Revenue	238	276	300	316	330	354	383	392	418	431	587	574	504	537	578
- Cost of Revenue	108	130	136	138	144	169	177	181	199	272	271	292	254	275	297
+ Cost of Goods & Services	108	130	136	138	144	169	177	181	199	272	271	292	254	275	297
Gross Profit	130	146	164	178	186	185	206	210	219	159	315	282	250	262	281
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	42	47	55	54	57	47	47	53	52	61	52	59	71	69	81
+ Selling, General & Admin	35	39	47	47	51	43	42	48	48	56	48	55	67	60	71
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	7	8	9	6	6	4	4	4	4	5	4	4	4	9	10
Operating Income (Loss)	88	99	109	124	129	138	159	157	167	98	263	223	179	192	200
- Non-Operating (Income) Loss	1	-5	4	2	16	-6	-1	14	-21	5	-19	26	-1	-17	-5
+ Interest Expense, Net	-1	-3	-2	-2	-2	-2	-4	-10	-7	-3	-3	-7	-15	- -	- -
+ Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Interest Income	1	3	2	2	2	2	4	10	7	3	3	7	15	- -	- -
+ Other Non-Op (Income) Loss	2	-3	7	4	18	-4	3	24	-14	8	-16	33	13	-17	-5
Pretax Income	87	104	104	122	113	143	160	144	188	93	282	197	180	210	205
- Income Tax Expense (Benefit)	33	36	41	46	48	51	68	34	41	18	56	47	44	47	47
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	54	68	63	76	64	93	92	110	147	75	226	149	137	163	157
- Net Extraordinary Losses (Gains)	- -	4	-10	- -	- -	- -	1	-9	25	-3	30	-43	15	23	8
+ Discontinued Operations	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	- -	4	-10	- -	- -	- -	1	-9	25	-3	30	-43	15	23	8
Income (Loss) Incl. MI	54	64	73	75	65	93	91	118	122	78	197	193	121	140	149
- Minority Interest	- -	-2	5	- -	- -	- -	-1	4	-12	1	-15	22	-8	-12	-4
Net Income, GAAP	54	66	68	76	65	93	92	114	135	77	211	171	129	151	153
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	54	66	68	76	65	93	92	114	135	77	211	171	129	151	153
EBIT	88	99	109	124	129	138	159	157	167	98	263	223	179	192	200
EBITDA	93	105	117	130	135	142	171	171	182	115	279	228	184	203	211
EBITDA Margin (%)	39.08	37.86	39.08	41.28	40.99	40.12	44.64	43.75	43.56	26.62	47.61	39.81	36.54	37.89	36.58
EBITA	88	99	109	124	129	138	159	157	167	98	263	223	179	192	200
Gross Margin (%)	54.58	52.99	54.68	56.26	56.39	52.28	53.68	53.69	52.42	36.98	53.75	49.15	49.56	48.74	48.56
Operating Margin (%)	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
Profit Margin (%)	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
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	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
Depreciation Expense	5	6	9	6	6	4	12	14	15	16	16	6	5	11	12
Basic Weighted Avg Shares	43	44	44	45	45	46	46	47	47	48	48	49	49	50	51
Basic EPS, GAAP	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
Basic EPS from Cont Ops	1.26	1.55	1.43	1.69	1.42	2.02	2	2.34	3.11	1.57	4.68	3.06	2.77	3.23	3.08
Diluted Weighted Avg Shares	44	44	45	46	46	46	47	47	48	49	49	49	50	51	52
Diluted EPS, GAAP	1.23	1.49	1.51	1.65	1.41	2	1.96	2.4	2.79	1.57	4.31	3.47	2.6	2.97	2.97
Diluted EPS from Cont Ops	1.23	1.53	1.4	1.66	1.4	2	1.97	2.31	3.04	1.54	4.61	3.03	2.76	3.2	3.05

Balance Sheet (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
Total Current Assets	230	280	198	201	248	279	356	266	177	116	296	331	339	386	393
+ Cash, Cash Equivalents & STI	180	218	154	156	197	231	295	201	116	60	208	263	265	310	311
+ Cash & Cash Equivalents	128	95	128	125	143	183	193	93	101	41	184	247	187	183	145
+ ST Investments	52	122	26	31	54	48	102	108	15	19	24	15	78	127	165
+ Accounts & Notes Receiv	50	62	44	45	51	48	60	65	61	75	88	69	74	76	82
+ Accounts Receivable, Net	40	44	41	43	45	46	54	50	59	70	84	67	69	74	80
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	10	18	3	2	6	2	6	14	2	5	4	2	5	1	2
+ Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	-19	- -	- -	- -	- -	- -
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	56	57	77	80	58	55	54	215	225	232	197	342	398	427	484
+ Property, Plant & Equip, Net	11	9	10	11	10	16	15	63	51	42	31	145	170	168	162
+ Property, Plant & Equip	27	31	37	33	36	45	48	91	84	79	72	191	219	194	197
- Accumulated Depreciation	16	22	27	22	26	29	33	29	33	38	41	45	50	26	35
+ LT Investments & Receivables	8	8	25	29	17	6	6	117	140	155	131	158	181	208	271
+ LT Investments	8	8	25	29	17	6	6	117	140	155	131	158	181	208	271
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	37	40	42	40	31	32	33	36	34	36	35	39	47	50	51
+ Total Intangible Assets	22	22	22	21	19	19	20	20	20	20	20	19	19	19	20
+ Goodwill	20	20	21	19	18	18	19	19	18	19	18	18	18	18	19
+ Other Intangible Assets	2	2	2	2	2	1	1	1	1	1	1	1	1	1	1
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	15	18	20	19	11	13	13	16	15	15	15	20	28	32	31
Total Assets	286	337	275	281	305	334	410	481	402	348	493	673	737	812	877
+ Payables & Accruals	5	9	8	11	17	16	29	32	30	21	34	17	15	15	11
+ Accounts Payable	- -	- -	- -	7	6	6	6	8	7	8	10	8	10	8	9
+ Accrued Taxes	5	9	8	4	7	9	20	19	22	13	23	8	5	5	2
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	- -	- -	- -	- -	4	- -	3	5	- -	1	1	1	- -	2	- -
+ ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	-2	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Current Liabilities	5	9	8	11	17	16	29	32	30	21	34	17	15	15	11
+ LT Debt	- -	- -	- -	- -	- -	- -	- -	54	43	35	25	139	140	141	138
+ LT Borrowings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	54	43	35	25	139	140	141	138
+ Other LT Liabilities	46	59	44	41	45	51	57	58	62	68	90	91	88	81	94
+ Accrued Liabilities	- -	- -	4	6	6	6	6	6	- -	- -	- -	- -	- -	- -	- -
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	46	59	39	35	39	45	51	52	62	68	90	91	88	81	94
Total Noncurrent Liabilities	46	59	44	41	45	51	57	112	105	103	115	229	228	222	232
Total Liabilities	51	68	51	52	62	67	87	144	135	124	148	246	244	237	243
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	403	430	458	490	520	544	571	603	637	671	716	770	819	944	994
+ Common Stock	- -	- -	- -	- -	- -	1	1	1	1	1	1	1	1	1	1
+ Additional Paid in Capital	403	429	457	489	520	544	570	602	637	670	716	769	818	943	993
- Treasury Stock	89	98	106	117	137	145	154	164	175	201	223	250	272	293	321
+ Retained Earnings	-83	-118	-131	-143	-148	-128	-138	-208	-242	-292	-232	-171	-158	-129	-106
+ Other Equity	- -	2	3	-2	-4	-6	-4	-7	-6	-4	-6	-11	-8	-10	-5
Equity Before Minority Interest	231	217	224	228	232	266	276	223	214	174	255	338	381	512	562
+ Minority/Non Controlling Interest	5	53	- -	1	11	1	48	114	53	51	89	89	111	63	72
Total Equity	235	270	224	229	243	267	323	337	267	225	344	427	493	575	634
Total Liabilities & Equity	286	337	275	281	305	334	410	481	402	348	493	673	737	812	877
Shares Outstanding	43	44	44	45	45	46	46	47	47	48	48	49	49	51	51
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	54	43	35	25	139	140	141	138
Net Debt	-128	-95	-128	-125	-143	-183	-193	-93	-101	-41	-184	-247	-187	-183	-145
Net Debt to Equity	-54.32	-35.37	-57.33	-54.66	-58.71	-68.71	-59.83	-27.53	-37.94	-18.33	-53.55	-57.95	-38.05	-31.83	-22.95
Tangible Common Equity Ratio	80.74	78.58	79.74	79.95	78.23	78.68	77.73	68.74	64.66	62.33	68.63	62.34	65.99	70.08	71.65
Current Ratio	46.54	31.68	26.16	18.03	14.29	17.64	12.1	8.23	5.93	5.55	8.77	19.49	21.93	25.39	37.06
Cash Conversion Cycle	55.45	55.52	51.88	39.44	31.89	33.21	34.67	33.77	33.33	44.42	35.77	36.32	35.74	36.36	38.17

Cash Flow Statement (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
+ Net Income	54	68	63	76	64	93	92	110	147	75	226	149	137	163	157
+ Depreciation & Amortization	5	6	9	6	6	4	12	14	15	16	16	6	5	11	12
+ Non-Cash Items	21	15	25	27	46	21	23	39	6	32	24	87	52	41	45
+ Stock-Based Compensation	19	18	22	25	23	22	22	25	28	29	40	49	44	52	46
+ Deferred Income Taxes	- -	- -	-3	- -	7	-1	- -	-1	- -	- -	- -	-1	1	- -	1
+ Asset Impairment Charge	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Cash Adj	3	-3	6	2	16	- -	1	16	-22	3	-17	38	7	-11	-1
+ Chg in Non-Cash Work Cap	-8	-68	-21	-55	-26	-3	-63	-90	-27	-35	-23	-180	-22	-119	-335
+ (Inc) Dec in Accts Receiv	-10	-16	-6	-3	-5	-5	-12	-5	-8	-13	-15	14	-4	-28	-18
+ (Inc) Dec in Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ (Inc) Dec in Prepaid Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc (Dec) in Accts Payable	-1	7	-2	1	11	9	20	5	7	-4	36	-15	-12	28	10
+ Inc (Dec) in Other	2	-59	-13	-52	-32	-8	-70	-90	-26	-17	-44	-179	-6	-118	-326
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	72	20	76	55	90	115	64	73	141	89	243	62	172	97	-120
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-3	-3	-6	-6	-2	-10	-3	-3	-3	-3	-3	-4	-57	-12	-6
+ Acq of Fixed Prod Assets	-3	-3	-6	-6	-2	-10	-3	-3	-3	-3	-3	-4	-57	-12	-6
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	-6	-8	-8	-11	-19	-7	-9	-10	-10	-25	-22	-27	-22	47	-28
+ Increase in Capital Stock	- -	- -	- -	- -	1	1	1	1	1	1	1	- -	- -	68	- -
+ Decrease in Capital Stock	-7	-8	-8	-12	-19	-8	-9	-11	-10	-26	-23	-27	-22	-21	-28
+ Net Change in LT Investment	-9	5	17	5	2	13	9	-50	39	1	50	1	-58	-108	14
+ Dec in LT Investment	29	26	27	13	7	21	26	14	90	72	104	147	112	309	398
+ Inc in LT Investment	-38	-21	-10	-8	-6	-8	-17	-64	-51	-71	-54	-145	-169	-417	-383
+ Net Cash From Acq & Div	9	1	8	11	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash from Divestitures	9	1	8	11	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-3	2	18	10	- -	3	6	-53	36	-2	48	-3	-115	-120	8
+ Dividends Paid	-69	-97	-80	-84	-68	-71	-98	-179	-163	-122	-148	-107	-112	-119	-127
+ Net Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash From Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Repayments of Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Financing Activities	-2	50	25	30	16	4	46	71	2	-1	24	143	15	90	229
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	-78	-56	-62	-66	-71	-75	-60	-118	-170	-149	-145	9	-119	18	74
Effect of Foreign Exchange Rates	- -	- -	1	-2	-1	-3	1	-2	1	1	-1	-4	3	-2	2
Net Changes in Cash	-8	-33	32	-1	19	43	10	-99	7	-61	145	68	-62	-5	-38
EBITDA	93	105	117	130	135	142	171	171	182	115	279	228	184	203	211
EBITDA Margin (%)	39.08	37.86	39.08	41.28	40.99	40.12	44.64	43.75	43.56	26.62	47.61	39.81	36.54	37.89	36.58
Free Cash Flow	70	17	70	49	87	105	61	69	139	87	240	57	115	85	-126
Net Cash Paid for Acquisitions	-9	-1	-8	-11	-1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow to Firm	70	17	70	49	87	105	61	69	139	87	240	57	115	85	-126
Free Cash Flow to Equity	70	17	70	49	87	105	61	69	139	87	240	57	115	85	-126
Free Cash Flow per Basic Share	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
Price/Free Cash Flow	16.86	57.18	22	31.75	15.17	12.47	32.92	21.38	21.02	39.44	18.49	48.29	16.39	43.42	-28.26
Cash Flow to Net Income	1.33	0.31	1.11	0.72	1.39	1.24	0.7	0.64	1.05	1.16	1.15	0.36	1.33	0.64	-0.79
Capital Expenditures	-3	-3	-6	-6	-2	-10	-3	-3	-3	-3	-3	-4	-57	-12	-6