Cohen & Steers, Inc. income statement
In fiscal 2025, Cohen & Steers, Inc. reported revenue of $556m, up 7.5% on the year before, operating income of $178m (a 32.0% margin) and net income of $153m, or $2.97 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 124 | 184 | 237 | 274 | 298 | 314 | 329 | 350 | 379 | 381 | 411 | 428 | 584 | 567 | 490 | 517 | 556 | 600 |
| General and administrative | 28 | 31 | 35 | 39 | 47 | 47 | 51 | 43 | 42 | 48 | 48 | 56 | 48 | 55 | 67 | 60 | 71 | 75 |
| Operating income | 18 | 53 | 87 | 96 | 106 | 122 | 128 | 136 | 155 | 147 | 160 | 95 | 260 | 216 | 164 | 173 | 178 | 194 |
| Income before tax | 4 | 65 | 87 | 104 | 104 | 122 | 113 | 143 | 160 | 144 | 188 | 93 | 282 | 197 | 180 | 210 | 205 | 227 |
| Income tax | 4 | 19 | 33 | 36 | 41 | 46 | 48 | 51 | 68 | 34 | 41 | 18 | 56 | 47 | 44 | 47 | — | — |
| Net income | −2 | 46 | 54 | 66 | 68 | 76 | 65 | 93 | 92 | 114 | 135 | 77 | 211 | 171 | 129 | 151 | 153 | 169 |
| Diluted EPS | −$0.04 | $1.07 | $1.23 | $1.49 | $1.51 | $1.65 | $1.41 | $2.00 | $1.96 | $2.40 | $2.79 | $1.57 | $4.31 | $3.47 | $2.60 | $2.97 | $2.97 | $3.26 |
| Diluted shares (average) | 42m | 43m | 44m | 44m | 45m | 46m | 46m | 46m | 47m | 47m | 48m | 49m | 49m | 49m | 50m | 51m | 52m | 52m |
| EBITDA | — | 57 | 92 | 102 | 112 | 126 | 131 | 140 | 159 | 152 | 165 | 100 | 264 | 220 | 169 | 182 | 188 | 205 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 140 | 134 | 136 | 142 | 144 | 146 | 153 | 157 |
| General and administrative | 16 | 17 | 18 | 17 | 19 | 19 | 19 | 18 |
| Operating income | 49 | 45 | 43 | 49 | 40 | 50 | 53 | 51 |
| Income before tax | 56 | 53 | 54 | 56 | 42 | 57 | 72 | 56 |
| Income tax | 13 | — | 12 | 14 | — | — | 16 | 15 |
| Net income | 46 | 40 | 37 | 42 | 35 | 42 | 49 | 42 |
| Diluted EPS | $0.89 | $0.77 | $0.72 | $0.81 | $0.67 | $0.82 | $0.95 | $0.81 |
| EBITDA | 52 | 48 | 46 | 51 | 43 | 53 | 55 | 54 |
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