earnings
confidence high
sentiment positive
materiality 0.65
Cohen & Steers Q3 2026: adjusted EPS $0.89, revenue $157.4M (+11% YoY); net inflows $1.6B
COHEN & STEERS, INC.
- GAAP diluted EPS $0.81, flat vs $0.81 a year ago; adjusted EPS $0.89 vs $0.81; GAAP net income $42.2M; revenue $157.4M, up 11% YoY and 3% QoQ.
- AUM $95.9B at Sept 30, down 4.2% from $100.1B at June 30 on $5.1B market depreciation and $632M of distributions, partly offset by $1.6B net inflows.
- Net inflows of $1.6B mark a fifth consecutive quarter of organic growth and the strongest since Q4 2021, driven by the wealth channel across mutual funds, ETFs and SICAVs.
- GAAP operating margin 32.4% vs 34.5% a year ago; adjusted margin 37.2%; effective tax rate 26.4%, or $15.2M of income tax expense.
- Board declared a $0.67 quarterly dividend paid Aug 20, 2026 to holders of record Aug 10; cash, Treasurys and liquid seed investments were $387.8M vs $354.3M.