Cohen & Steers (CNS) Tax Rate (2010 - 2024)
Cohen & Steers' (CNS) quarterly Tax Rate came in at 18.19% in Q3 2024, down 1133.0% year-on-year from 1.76% in Q4 2023, and down 31.52% quarter-over-quarter from 26.57% in Q2 2024.
Cohen & Steers (CNS) Tax Rate (2010 - 2024) Analysis & Trends
Cohen & Steers has disclosed Tax Rate across 15 years of filings, most recently posting 18.19% for Q3 2024.
- Tax Rate for Q3 2024 came in at 18.19%, down 1133.0% year-over-year; the trailing twelve-month figure through Sep 2024 was 23.53% (down 184.0% YoY), and the FY2024 annual result was 22.31%, down 190.0% from the prior year.
- Tax Rate came in at 18.19% for Q3 2024 at Cohen & Steers, down from 26.57% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 118.86% in Q4 2020 to a low of 5.37% in Q1 2020.
- The 5-year median for Tax Rate is 25.45% (2020), against an average of 27.62%.
- Across the five-year window, Tax Rate jumped 9825 bps in 2020 and tumbled 9893 bps in 2021, its largest moves.
- Cohen & Steers' Tax Rate stood at 118.86% in 2020, then sank by 83 bps to 19.94% in 2021, then advanced by 29 bps to 25.64% in 2022, then grew by 15 bps to 29.52% in 2023, then plunged by 38 bps to 18.19% in 2024.
- The last three Tax Rate figures came in at 18.19% (Q3 2024), 26.57% (Q2 2024), and 24.03% (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 160.20 Bn | 150.57 Bn | - | 18.16% |
| 2 | Blackstone | 96.40 Bn | 95.35 Bn | - | 13.55% |
| 3 | Kkr | 85.87 Bn | 133.39 Bn | - | 40.05% |
| 4 | Apollo Global Management | 79.90 Bn | 98.63 Bn | 5.04 Bn | 598.59% |
| 5 | State Street | 46.62 Bn | 20.95 Bn | - | 21.16% |
| 6 | Ameriprise Financial | 42.78 Bn | 42.65 Bn | 4.57 Bn | 20.02% |
| 7 | Northern Trust | 32.35 Bn | 32.35 Bn | - | 24.99% |
| 8 | Ares Management | 30.25 Bn | 33.62 Bn | - | 19.13% |
| 9 | Raymond James Financial | 30.24 Bn | 18.99 Bn | - | - |
| 10 | Cohen & Steers | 3.96 Bn | 4.01 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 18.19% |
| Sep 30, 2024 | 18.19% |
| Jun 30, 2024 | 26.57% |
| Jun 30, 2024 | 26.57% |
| Mar 31, 2024 | 24.03% |
| Mar 31, 2024 | 24.03% |
| Sep 30, 2023 | 29.52% |
| Sep 30, 2023 | 29.52% |
| Jun 30, 2023 | 25.26% |
| Jun 30, 2023 | 25.26% |
| Mar 31, 2023 | 21.99% |
| Mar 31, 2023 | 21.99% |
| Dec 31, 2022 | 25.64% |
| Dec 31, 2022 | 25.64% |
| Sep 30, 2022 | 28.24% |
| Sep 30, 2022 | 28.24% |
| Jun 30, 2022 | 27.35% |
| Jun 30, 2022 | 27.35% |
| Mar 31, 2022 | 16.51% |
| Mar 31, 2022 | 16.51% |