Janus Henderson Group PLC
NYSE: JHG · FINANCIAL SERVICES · ASSET MANAGEMENT
Updated 2026-06-12
Janus Henderson Group PLC (JHG) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $42.51M | $253.25M | $-35.88M | $20.86M | $188.45M | $140.67M | $269.55M | $288.41M | $191.45M | $388.90M | $235.10M | $444.10M | $670.80M | $463.20M | $645.70M | $895.40M | $473.30M | $441.60M | $694.60M | $719.50M |
| Capital expenditures | $2.16M | $3.17M | $32.66M | $6.63M | $20.84M | $2.48M | $8.56M | $13.36M | $8.87M | $16.10M | $14.20M | $17.70M | $29.10M | $37.80M | $17.80M | $10.40M | $17.60M | $10.80M | $10.10M | $719.50M |
| Depreciation | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Stock-based comp | $29.58M | $46.80M | $32.95M | $25.71M | $27.78M | $83.84M | $62.22M | $48.81M | $44.83M | $43.60M | $37.30M | $67.40M | $82.40M | $74.20M | $66.70M | $68.20M | $90.60M | $77.40M | $71.70M | $80.10M |
| Free cash flow | $40.36M | $250.07M | $-68.53M | $14.23M | $167.61M | $138.18M | $260.98M | $275.05M | $182.57M | $372.80M | $220.90M | $426.40M | $641.70M | $425.40M | $627.90M | $885.00M | $455.70M | $430.80M | $684.50M | $0.00 |
| Investing cash flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Dividends paid | $51.33M | $525.14M | $62.82M | $78.10M | $75.63M | $108.53M | $125.40M | $129.61M | $144.60M | $161.00M | $157.50M | $256.00M | $275.10M | $272.40M | $262.90M | $256.00M | $259.40M | $258.70M | $250.10M | $249.20M |
| Share repurchases | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | — | — | — | — | — | — | — | — | — | — | $471.00M | $122.40M | $-133.10M | $284.10M | $24.00M | — | — | — | — |
Frequently asked questions
What is Janus Henderson Group PLC's revenue?
Janus Henderson Group PLC's trailing twelve-month revenue is $3.17B, and consensus projects about $4.58B by 2030. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is JHG?
In its most recent fiscal year, JHG ran a gross margin of 71.84%, an operating margin of 31.54%, and a net margin of 25.77%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does JHG generate?
JHG produced $0.00 in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is JHG's balance sheet healthy?
JHG holds $1.25B in cash and equivalents against $395.50M in long-term debt, on $5.28B of shareholder equity. Cash on hand exceeds long-term debt, so the balance sheet adds little financial risk to the thesis.