Growth Metrics

Janus Henderson (JHG) FCF Payout Ratio (2016 - 2025)

Janus Henderson posted quarterly FCF Payout Ratio of 0.19 for Q4 2025, down 24.61% year-on-year from 0.25 in Q4 2024, and down 21.13% on a QoQ basis from 0.24 in Q3 2025.

Janus Henderson (JHG) has 10 years of FCF Payout Ratio data on file, last reported at 0.19 in Q4 2025.

  • For the quarter ending Q4 2025, FCF Payout Ratio fell 24.61% year-over-year to 0.19; the trailing twelve-month figure through Mar 2026 stood at 0.2 (down 44.45% YoY), and the FY2025 full-year result was 0.35, down 4.06% from the prior year.
  • FCF Payout Ratio for Q4 2025 stood at 0.19, down from 0.24 in the prior quarter.
  • Across five years, FCF Payout Ratio topped out at 68.33 in Q1 2025 and bottomed at 9.29 in Q1 2024.
  • The 5-year median for FCF Payout Ratio is 0.28 (2024), against an average of 3.21.
  • The widest annual swing landed in 2024, when FCF Payout Ratio slumped 1483.02%; it then surged 835.23% in 2025.
  • A 5-year view of FCF Payout Ratio shows it stood at 0.69 in 2021, then jumped by 369.89% to 1.86 in 2022, then plunged by 78.17% to 0.41 in 2023, then sank by 37.39% to 0.25 in 2024, then retreated by 24.61% to 0.19 in 2025.
  • The last three FCF Payout Ratio figures came in at 0.19 (Q4 2025), 0.24 (Q3 2025), and 0.48 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - -
2 Blackstone 92.68 Bn 91.63 Bn - 0.37
3 Kkr 84.94 Bn 132.45 Bn - 0.10
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - 2.44
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 0.18
6 State Street 44.42 Bn 18.75 Bn - -0.02
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 0.34
8 Northern Trust 31.21 Bn 31.21 Bn - -0.45
9 Ares Management 28.85 Bn 32.22 Bn - 0.21
10 Janus Henderson 7.77 Bn 6.28 Bn 677.70 Mn -

Historic Data

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DateValue
Dec 31, 2025 0.19
Sep 30, 2025 0.24
Jun 30, 2025 0.48
Mar 31, 2025 68.33
Dec 31, 2024 0.25
Sep 30, 2024 0.28
Jun 30, 2024 0.28
Mar 31, 2024 -9.29
Dec 31, 2023 0.41
Sep 30, 2023 0.30
Jun 30, 2023 0.39
Mar 31, 2023 -0.59
Dec 31, 2022 1.86
Sep 30, 2022 -0.59
Jun 30, 2022 0.41
Mar 31, 2022 -1.06
Dec 31, 2021 -0.69
Sep 30, 2021 0.61
Jun 30, 2021 -0.23
Mar 31, 2021 2.55
Dec 31, 2020 1.20
Sep 30, 2020 -0.74
Jun 30, 2020 0.33
Mar 31, 2020 2.23
Dec 31, 2019 0.34
Sep 30, 2019 1.25
Jun 30, 2019 0.00
Mar 31, 2019 0.00
Dec 31, 2018 -0.85
Sep 30, 2018 0.84
Jun 30, 2018 0.03
Mar 31, 2018 0.00
Dec 31, 2017 -0.86
Sep 30, 2017 0.41
Dec 31, 2016 -0.04
Sep 30, 2016 1.18