Growth Metrics

Janus Henderson (JHG) Gross Margin (2016 - 2026)

Janus Henderson posted quarterly Gross Margin of 98.22% for Q1 2026, down 19.0% year-on-year from 121.26% in Q1 2025, and up 81.37% on a QoQ basis from 54.15% in Q4 2025.

Janus Henderson (JHG) has 11 years of Gross Margin data on file, last reported at 98.22% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin fell 19.0% year-over-year to 98.22%; the trailing twelve-month figure through Mar 2026 stood at 82.35% (down 652.0% YoY), and the FY2025 full-year result was 82.04%, up 310.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 98.22%, up from 54.15% in the prior quarter.
  • Across five years, Gross Margin topped out at 170.11% in Q4 2022 and bottomed at 54.15% in Q4 2025.
  • The 5-year median for Gross Margin is 98.2% (2023), against an average of 92.85%.
  • Peak annual rise in Gross Margin reached 2121 bps in 2023, while the deepest fall reached 7167 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 170.11% in 2022, then tumbled by 42 bps to 98.43% in 2023, then fell by 18 bps to 80.49% in 2024, then tumbled by 33 bps to 54.15% in 2025, then jumped by 81 bps to 98.22% in 2026.
  • The last three Gross Margin figures came in at 98.22% (Q1 2026), 54.15% (Q4 2025), and 98.47% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 BlackRock 158.51 Bn 148.89 Bn - -
2 Blackstone 92.68 Bn 91.63 Bn - -
3 Kkr 84.94 Bn 132.45 Bn - -
4 Brookfield Asset Management 77.34 Bn 77.68 Bn - -
5 Apollo Global Management 76.27 Bn 95.00 Bn 5.04 Bn 99.70%
6 State Street 44.42 Bn 18.75 Bn - -
7 Ameriprise Financial 41.68 Bn 41.55 Bn 4.57 Bn 93.51%
8 Northern Trust 31.21 Bn 31.21 Bn - -
9 Ares Management 28.85 Bn 32.22 Bn - -
10 Janus Henderson 7.77 Bn 6.28 Bn 677.70 Mn 98.22%

Historic Data

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DateValue
Mar 31, 2026 98.22%
Dec 31, 2025 54.15%
Sep 30, 2025 98.47%
Jun 30, 2025 98.10%
Mar 31, 2025 98.41%
Dec 31, 2024 80.49%
Sep 30, 2024 98.67%
Jun 30, 2024 78.48%
Mar 31, 2024 98.55%
Dec 31, 2023 98.43%
Sep 30, 2023 77.74%
Jun 30, 2023 98.20%
Mar 31, 2023 77.41%
Dec 31, 2022 170.11%
Sep 30, 2022 98.91%
Jun 30, 2022 76.99%
Mar 31, 2022 77.13%
Dec 31, 2021 153.80%
Sep 30, 2021 98.91%
Jun 30, 2021 99.09%
Mar 31, 2021 79.83%
Dec 31, 2020 99.41%
Sep 30, 2020 99.07%
Jun 30, 2020 99.29%
Mar 31, 2020 98.79%
Dec 31, 2019 77.03%
Sep 30, 2019 98.97%
Jun 30, 2019 98.49%
Mar 31, 2019 98.56%
Dec 31, 2018 22.66%
Sep 30, 2018 80.68%
Jun 30, 2018 98.40%
Mar 31, 2018 98.55%
Dec 31, 2017 132.84%
Sep 30, 2017 80.19%
Jun 30, 2017 97.45%
Mar 31, 2017 78.28%
Dec 31, 2016 10.56%
Sep 30, 2016 98.94%
Jun 30, 2016 77.71%