earnings
confidence high
sentiment positive
materiality 0.85
Janus Henderson Q4 EPS $2.62 beat; AUM $493B, up 30%; net inflows $56.5B for 2025; reiterates Trian/GC and RBA deals.
JANUS HENDERSON GROUP PLC
2025-FY EPS reported
$5.23
revenue$3,097,300,000
- AUM $493B at Dec 31, 2025 (up 30% YoY); net inflows $56.5B in 2025 vs $2.4B in 2024.
- Q4 2025 GAAP diluted EPS $2.62 (vs $0.92 Q3 2025 and $0.77 Q4 2024); adjusted diluted EPS $2.01 (vs $1.09 and $1.07).
- Q4 GAAP operating income $487.4M, adjusted $383.7M, driven by extraordinary annual performance fee revenues.
- 65% of AUM outperformed benchmarks on 1/3/5/10-year basis as of Dec 31, 2025.
- Reaffirms definitive merger to be acquired by Trian and General Catalyst, and definitive agreement to acquire Richard Bernstein Advisors.