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Janus Henderson Group (Janus Henderson Group) Return-on-Tangible-Equity : 67.81% (As of Mar. 2024)


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What is Janus Henderson Group Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Janus Henderson Group's annualized net income for the quarter that ended in Mar. 2024 was $520 Mil. Janus Henderson Group's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $767 Mil. Therefore, Janus Henderson Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 67.81%.

The historical rank and industry rank for Janus Henderson Group's Return-on-Tangible-Equity or its related term are showing as below:

JHG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 27.73   Med: 76.03   Max: 311.23
Current: 57.62

During the past 13 years, Janus Henderson Group's highest Return-on-Tangible-Equity was 311.23%. The lowest was 27.73%. And the median was 76.03%.

JHG's Return-on-Tangible-Equity is ranked better than
95.46% of 1673 companies
in the Asset Management industry
Industry Median: 5.07 vs JHG: 57.62

Janus Henderson Group Return-on-Tangible-Equity Historical Data

The historical data trend for Janus Henderson Group's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Janus Henderson Group Return-on-Tangible-Equity Chart

Janus Henderson Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 160.87 27.73 89.50 52.04 51.97

Janus Henderson Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.37 49.29 48.52 60.78 67.81

Competitive Comparison of Janus Henderson Group's Return-on-Tangible-Equity

For the Asset Management subindustry, Janus Henderson Group's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Janus Henderson Group's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Janus Henderson Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Janus Henderson Group's Return-on-Tangible-Equity falls into.



Janus Henderson Group Return-on-Tangible-Equity Calculation

Janus Henderson Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=392/( (692+816.5 )/ 2 )
=392/754.25
=51.97 %

Janus Henderson Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=520.4/( (816.5+718.3)/ 2 )
=520.4/767.4
=67.81 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Janus Henderson Group  (NYSE:JHG) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Janus Henderson Group Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Janus Henderson Group's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Janus Henderson Group (Janus Henderson Group) Business Description

Traded in Other Exchanges
Address
201 Bishopsgate, London, GBR, EC2M 3AE
Janus Henderson Group provides investment management services to retail intermediary (54% of managed assets), self-directed (23%) and institutional (23%) clients. At the end of September, active equities (61%), fixed-income (21%), multi-asset (15%) and alternative (3%) investment platforms constituted the company's USD 308.3 billion in assets under management. Janus Henderson sources 59% of its managed assets from clients in North America, with customers from Europe, the Middle East, Africa, and Latin America (31%) and the Asia-Pacific region (10%) accounting for the remainder. Headquartered in London, JHG is dual-listed on the New York Stock Exchange and the Australian Securities Exchange.
Executives
Georgina Fogo officer: Chief Risk Officer 201 BISHOPSGATE, LONDON X0 EC2M3AE
Joshua D. Frank director 280 PARK AVE, 41ST FL, NEW YORK NY 10017
Leslie Seidman director 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Brennan A. Hughes officer: Chief Accounting Officer 151 DETROIT STREET, DENVER CO 80206
Anne Sheehan director THREE LIMITED PARKWAY, COLUMBUS OH 43230
Brian M Baldwin director 280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017
John M Cassaday director 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Alison A. Quirk director C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206
Ali Dibadj director, officer: CEO C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206
Trian Fund Management, L.p. 10 percent owner 280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017
Suzanne Cain officer: Global Head of Distribution 201 BISHOPSGATE, LONDON X0 EC2M3AE
Glenn S Schafer director 151 DETROIT STREET, DENVER CO 80206
Richard M Weil director, officer: Chief Executive Officer 151 DETROIT STREET, DENVER CO 80206
Edward P Garden director 223 SUNSET AVENUE, PALM BEACH FL 33480
Nelson Peltz director 223 SUNSET AVENUE, PALM BEACH FL 33480