Janus Henderson Group plc (JHG) Stock Analysis
Financial Services · Asset Management · NYSE
Janus Henderson Group plc (JHG) posted $3.10B in revenue for fiscal 2025 (up 25.2% year over year), at a 25.8% net margin, and has compounded revenue about 6.1%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Janus Henderson Group plc
Janus Henderson Group plc has grown revenue from $999.90M to $3.10B over the last 10 fiscal years, compounding about 6.1% a year. The most recent year was up 25.2%, so growth is actually accelerating.
Net margin sits at 25.8%, up 9.7 points year over year. It carries about $395.50M of total debt.
At today's valuation the market is pricing in roughly -0.2% annual free-cash-flow growth — versus the 2.5% it actually delivered over the last five years, broadly in line with what it has delivered.
Synthesised from Janus Henderson Group plc's SEC filings — descriptive, not advice. Ask the analyst your own question →
Janus Henderson Group plc revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $999.90M | $1.74B | $2.31B | $2.19B | $2.30B | $2.77B | $2.20B | $2.10B | $2.47B | $3.10B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $177.30M | $658.40M | $499.60M | $445.70M | $151.30M | $618.50M | $361.10M | $380.80M | $399.00M | $798.30M |
| Net margin | 17.7% | 37.8% | 21.7% | 20.3% | 6.6% | 22.4% | 16.4% | 18.1% | 16.1% | 25.8% |
Source: Janus Henderson Group plc SEC filings (10-K). 11 years of history available in the interactive view.
Janus Henderson Group plc: no obvious red flags in the filings
Our deterministic scan of the filed statements — receivables vs sales, earnings vs cash, dilution, leverage and margins — didn't flag anything. Ask about the risks →
What growth is priced into JHG stock?
At today's market cap of $7.98B, Janus Henderson Group plc is priced for free-cash-flow growth of about -0.2% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $710.90M from the FY ending 2025-12-31). For comparison, free cash flow actually grew 2.5%/yr over the last five fiscal years and revenue 6.1%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 11 years of Janus Henderson Group plc financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Janus Henderson Group plc financial history by metric
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About Janus Henderson Group plc
Janus 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 specializes in growth capital, middle market & buyout investments. It focuses on commercial services and supplies, air freight & logistics, consumer durables and apparel, hotels, beverage & food products, health care, diversified financial services, multi-sector holdings, specialized finance, consumer finance, capital markets, REITs, mortgage REITs, communication equipment, media, alternative energy resource. It invests in public equity and fixed income markets, as well as invests in real estate and private equity. The firm invests in companies based in China & India. It invests between $10 million and $30 million. Janus Henderson Group plc was founded in 1934 and is based in London, United Kingdom with additional offices in Australia and North America.
Janus Henderson Group plc — frequently asked questions
What is Janus Henderson Group plc's revenue?
Janus Henderson Group plc (JHG) reported revenue of $3.10B for fiscal year 2025, up 25.2% from the prior year, according to its SEC filings.
Is Janus Henderson Group plc profitable?
Yes. JHG earned net income of $798.30M in fiscal 2025, a net margin of 25.8%.
What is JHG's P/E ratio?
Janus Henderson Group plc trades at a price-to-earnings ratio of about 10.3 based on the latest data in our nightly-refreshed cache.
How fast is Janus Henderson Group plc growing?
JHG's revenue grew at roughly 6.1% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Janus Henderson Group plc have?
As of fiscal year 2025, JHG carried roughly $395.50M in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Janus Henderson Group plc's market cap?
Janus Henderson Group plc (JHG) has a market capitalization of about $7.98B, based on the latest data in our nightly-refreshed cache.
When does Janus Henderson Group plc's fiscal year end?
JHG's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into JHG stock?
At today's market cap of $7.98B, Janus Henderson Group plc is priced for free-cash-flow growth of about -0.2% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $710.90M from the FY ending 2025-12-31). For comparison, free cash flow actually grew 2.5%/yr over the last five fiscal years and revenue 6.1%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Janus Henderson Group plc's official SEC filings (10-K and 10-Q), covering 11 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.