Janus Henderson (JHG) FCF Margin (2016 - 2026)
Janus Henderson (JHG) reported FCF Margin of 33.57% for Q1 2026, up 3342.0% on a YoY basis from 0.98% in Q1 2025, and up 19.67% quarter-over-quarter from 28.05% in Q4 2025.
Janus Henderson (JHG) FCF Margin (2016 - 2026) Analysis & Trends
Janus Henderson has reported FCF Margin for 11 years, with the latest figure at 33.57% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 3342.0% year-over-year to 33.57%; the trailing twelve-month figure through Mar 2026 stood at 29.74% (up 252.0% YoY), and the FY2025 full-year result was 22.95%, down 472.0% from the prior year.
- FCF Margin for Q1 2026 stood at 33.57%, up from 28.05% in the prior quarter.
- The five-year high for FCF Margin was 42.72% in Q3 2022, with the low at 22.23% in Q1 2023.
- Historically, FCF Margin has averaged 23.19% across 5 years, with a median of 28.5% in 2022.
- Annual changes were most pronounced in 2025 — FCF Margin slumped 1668 bps — and 2026, when it surged 3342 bps.
- Janus Henderson's FCF Margin stood at 26.92% in 2022, then gained by 4 bps to 27.99% in 2023, then gained by 23 bps to 34.38% in 2024, then dropped by 18 bps to 28.05% in 2025, then climbed by 20 bps to 33.57% in 2026.
- The last three FCF Margin figures came in at 33.57% (Q1 2026), 28.05% (Q4 2025), and 36.61% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | -16.21% |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 26.47% |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 39.82% |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 32.02% |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | -327.00% |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 8.80% |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | -24.56% |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 24.73% |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 27.99% |
| 10 | Janus Henderson | 7.79 Bn | 6.30 Bn | 677.70 Mn | 33.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.57% |
| Dec 31, 2025 | 28.05% |
| Sep 30, 2025 | 36.61% |
| Jun 30, 2025 | 21.04% |
| Mar 31, 2025 | 0.14% |
| Dec 31, 2024 | 34.38% |
| Sep 30, 2024 | 36.16% |
| Jun 30, 2024 | 37.71% |
| Mar 31, 2024 | -1.23% |
| Dec 31, 2023 | 27.99% |
| Sep 30, 2023 | 41.27% |
| Jun 30, 2023 | 32.31% |
| Mar 31, 2023 | -22.23% |
| Dec 31, 2022 | 26.92% |
| Sep 30, 2022 | 42.72% |
| Jun 30, 2022 | 28.50% |
| Mar 31, 2022 | -9.74% |
| Dec 31, 2021 | 39.69% |
| Sep 30, 2021 | 45.77% |
| Jun 30, 2021 | 36.50% |