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Jun 30, 2024

Janus Henderson Q2 2024 Earnings Report

Janus Henderson reported solid investment performance and AUM growth.

Key Takeaways

Janus Henderson Group plc reported its second quarter 2024 results, showing solid investment performance with a significant portion of AUM outperforming benchmarks. AUM increased both quarter-over-quarter and year-over-year. The company highlighted a substantial year-over-year increase in adjusted diluted EPS and an improvement in adjusted operating margin, reflecting robust operating leverage.

AUM increased 3% quarter over quarter and 12% year over year, reaching US$361.4 billion as of June 30, 2024.

Operating income for the second quarter 2024 was US$164.3 million, compared to US$117.9 million in the second quarter 2023.

Adjusted diluted earnings per share increased by 37% year-over-year.

The Board declared a second quarter dividend of US$0.39 per share.

Total Revenue
$588M
Previous year: $517M
+13.9%
EPS
$0.85
Previous year: $0.62
+37.1%
Gross Profit
$452M
Previous year: $369M
+22.6%
Cash and Equivalents
$793M
Previous year: $997M
-20.5%
Free Cash Flow
$221M
Previous year: $167M
+32.5%
Total Assets
$6.41B
Previous year: $6.39B
+0.4%

Janus Henderson

Janus Henderson