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Sep 30, 2024

Janus Henderson Q3 2024 Earnings Report

Janus Henderson reported solid third-quarter results, driven by market gains, strong investment performance, positive net flows, and strategic execution.

Key Takeaways

Janus Henderson reported a solid third quarter, with adjusted diluted EPS increasing by 42% year-over-year to US$0.91. The company benefited from market gains, solid investment performance, positive net flows, and operating leverage.

AUM increased 6% quarter over quarter and 24% year over year to US$382.3 billion as of September 30, 2024.

75%, 71%, 67%, and 85% of assets under management outperforming relevant benchmarks on a one-, three-, five-, and 10-year basis, respectively, as of September 30, 2024

Third quarter 2024 operating income was US$164.7 million

The Board declared a dividend of US$0.39 per share for the quarter ended September 30, 2024.

Total Revenue
$625M
Previous year: $521M
+19.9%
EPS
$0.91
Previous year: $0.64
+42.2%
Assets under management
$382B
Gross Profit
$448M
Previous year: $372M
+20.4%
Cash and Equivalents
$798M
Previous year: $747M
+6.8%
Free Cash Flow
$226M
Previous year: $215M
+5.1%
Total Assets
$7.35B
Previous year: $6.3B
+16.7%

Janus Henderson

Janus Henderson

Forward Guidance

Janus Henderson is focused on positioning itself to deliver superior outcomes for clients, employees, shareholders, and other stakeholders.