Janus Henderson Group (JHG) AI Stock Analysis

• Market Cap: $6.78B
• Dividend Yield: 3.65%
• Average Volume (3M): 987.27K
• Price to Earnings (P/E): 17.0
• Beta (1Y): 1.37
• Revenue Growth: 17.41%
• EPS Growth: -4.75%
• Country: US
• Employees: 2,308
• Sector: Financial
• Sector Strength: 72
• Industry: Asset Management
• EPS (TTM): 0.79
• Shares Outstanding: 157,557,820
• 10 Day Avg. Volume: 1,123,108
• 30 Day Avg. Volume: 987,271
• PEG Ratio: -10.23
• Price to Book (P/B): 1.35
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.35
• Enterprise Value/Market Cap: 0.85
• Enterprise Value/Revenue: 0.60
• Enterprise Value/Gross Profit: 3.22
• Enterprise Value/Ebitda: 2.31
• 1Y Price Target: $43.17
• Price Target Upside: 0.28% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 72 Outperform
• Price Target: $46.00 ▲(6.85%Upside)

Janus Henderson Group's overall stock score of 72 reflects solid financial fundamentals and positive earnings call highlights, such as strategic partnerships and shareholder returns. The technical analysis presents a mixed view with bullish momentum tempered by overbought indicators. Valuation appears reasonable, offering a balanced investment opportunity.

Positive Factors

Growth Strategy and Market Position

JHG is on a unique growth path due to its differentiated product offerings and strength in the retail channel which should drive sustained, positive organic growth.

Partnerships and Strategic Alliances

JHG announced a partnership with Guardian Life, including management of $45B and issuance of 1.6M equity warrants.

Negative Factors

Future Earnings and Revenue Projections

The adjusted EPS for 2025 is expected to decrease by 0.8% due to softer revenues resulting from lower assets under management.

Revenue Concerns

The 2026 adjusted EPS is projected to decrease by 0.5% as a result of lower revenues slightly offset by reduced expenses.

Janus Henderson Group Business Overview & Revenue Model

Company Description

Janus Henderson Group (JHG) is a global asset management group that provides a wide range of investment solutions to institutional and retail clients worldwide. The company operates in the financial services sector, offering core products and services that include equities, fixed income, multi-asset, and alternative asset classes. Janus Henderson is known for its active management approach, aiming to deliver superior risk-adjusted returns for its clients.

How the Company Makes Money

Janus Henderson Group makes money primarily through the management fees it charges on the assets it manages. These fees are calculated as a percentage of the assets under management (AUM) and are the company's main source of revenue. Additionally, Janus Henderson may also earn performance fees, which are contingent upon achieving specific investment performance benchmarks. The company benefits from economies of scale, as increasing AUM can lead to higher revenues without a proportional increase in costs. Furthermore, partnerships with financial advisors, broker-dealers, and institutional investors play a significant role in expanding its client base and increasing assets under management, thereby enhancing revenue potential.

Janus Henderson Group Financial Statement Overview

Summary

Janus Henderson Group exhibits solid financial health with strong profitability margins, a robust balance sheet with minimal leverage, and stable cash flow generation. Despite modest revenue growth, effective cost management and a strong equity position provide a stable foundation for future growth, supporting long-term financial stability.

Income Statement

The income statement shows a stable financial performance with a strong gross profit margin at around 71.2% for TTM (Trailing-Twelve-Months), indicating efficient cost management. The net profit margin stands at 15.7%, reflecting healthy profitability. Revenue growth was modest, increasing by 1.9% from the previous year. EBIT margin is strong at 27.3%, while EBITDA margin is slightly lower at 21.5%, suggesting good operational efficiency. Overall, the company exhibits solid profitability and efficiency, though revenue growth is modest.

Balance Sheet

The balance sheet is robust with a low debt-to-equity ratio of 0.08, indicating minimal financial leverage and a strong equity base. The return on equity (ROE) for TTM is 8.4%, showing effective use of shareholder funds to generate profit. The equity ratio is high at 66.0%, suggesting a strong reliance on equity financing, which enhances financial stability. Overall, the balance sheet reflects a stable financial position with low leverage and effective capital management.

Cash Flow

The cash flow statement demonstrates strong cash generation capabilities, with a free cash flow growth rate of 0.9% over the last year, indicating stable cash flow performance. The operating cash flow to net income ratio is 1.77, and the free cash flow to net income ratio is 1.75, both reflecting efficient cash conversion from earnings. Overall, cash flows are healthy and indicative of strong liquidity management, although growth is modest.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.47B	2.10B	2.20B	2.77B	2.30B
Gross Profit	1.76B	1.46B	1.59B	2.07B	1.68B
EBITDA	654.40M	550.00M	419.70M	983.50M	265.60M
Net Income	408.90M	392.00M	372.40M	620.00M	130.30M
Balance Sheet
Total Assets	6.96B	6.50B	6.24B	6.74B	6.69B
Cash, Cash Equivalents and Short-Term Investments	2.07B	1.88B	1.77B	1.82B	1.59B
Total Debt	486.50M	382.50M	399.10M	444.10M	458.50M
Total Liabilities	1.88B	1.64B	1.64B	1.91B	1.87B
Stockholders Equity	4.59B	4.54B	4.36B	4.66B	4.72B
Cash Flow
Free Cash Flow	684.50M	430.80M	455.70M	885.00M	627.90M
Operating Cash Flow	694.60M	441.60M	473.30M	895.40M	645.70M
Investing Cash Flow	-285.40M	-328.90M	58.50M	-283.30M	129.40M
Financing Cash Flow	-324.40M	-151.90M	-419.10M	-588.10M	-491.00M

Janus Henderson Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 43.05
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JHG, the sentiment is Positive. The current price of 43.05 is above the 20-day moving average (MA) of 40.77, above the 50-day MA of 38.52, and above the 200-day MA of 39.25, indicating a bullish trend. The MACD of 1.29 indicates Negative momentum. The RSI at 74.61 is Negative, neither overbought nor oversold. The STOCH value of 91.79 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JHG.

Janus Henderson Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FHI	77 Outperform	$3.86B	13.72	24.98%	2.60%	2.32%	1.08%
AB	76 Outperform	$4.62B	11.27	18.55%	7.79%	―	53.17%
IVZ	76 Outperform	$9.60B	23.03	5.74%	3.85%	6.20%	―
AMG	73 Outperform	$5.98B	16.50	12.81%	0.02%	-6.37%	-28.43%
JHG	72 Outperform	$6.78B	17.03	8.55%	3.65%	17.41%	-4.75%
CG	70 Outperform	$22.05B	20.62	20.38%	2.29%	81.86%	―
Sector *	68 Neutral	$17.10B	11.44	9.70%	3.58%	11.11%	-4.78%

Janus Henderson Group Corporate Events

Janus Henderson COO James Lowry to Step Down

James R. Lowry will step down as Global Chief Operating Officer of Janus Henderson Group plc effective May 31, 2025. A Settlement Agreement will provide him with certain benefits, including a pro-rated bonus for 2025, with his departure finalized by August 31, 2025.

The most recent analyst rating on (JHG) stock is a Buy with a $53.00 price target. To see the full list of analyst forecasts on Janus Henderson Group stock, see the JHG Stock Forecast page.

Janus Henderson Group Announces New CEO Agreement

On May 9, 2025, Janus Henderson Group plc announced a new employment agreement with CEO Ali Dibadj, effective May 12, 2025, to retain him for the next five years. The agreement includes a base salary of $725,000 and a performance-based variable compensation program, with a special award to align the CEO’s interests with shareholders and enhance retention.