Cohen & Steers price to free cash flow CNS

Market value divided by free cash flow over the last twelve months, since 2012.

Today, Oct 23, 2026: 53.4×
10-year median: 27.7×
Against its 10-year history: 93rd; percentile: 0 is its lowest day, 100 its highest
10-year range: 13.0× to 63.7×
Peer median: 11.6×

Cohen & Steers' price to free cash flow is 53.4× as of Oct 23, 2026.

That is above its ten-year median of 27.7×, higher than on 93% of days in the last ten years.

Over that time it ranged from 13.0× in Mar 2020 to 63.7× in Aug 2026.

The median for 10 asset managers of a similar size is 11.6×.

Price to free cash flow over time

median 27.7×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	53.4×	52.1×	63.7×
2025	45.7×	43.3×	52.4×
2024	47.4×	25.7×	53.1×
2023	30.0×	18.3×	61.6×
2022	43.8×	15.7×	45.8×
2021	21.5×	20.4×	23.1×
2020	23.3×	13.0×	35.0×
2019	28.5×	17.7×	36.3×
2018	17.9×	17.7×	60.7×
2017	36.8×	16.3×	36.8×
2016	20.8×	12.7×	25.4×
2015	13.7×	13.3×	44.7×
2014	41.4×	18.6×	42.2×
2013	23.3×	21.5×	403×
2012	343×	19.8×	344×

Against its peers

Companies in Asset Management nearest Cohen & Steers' size, closest first, today.

Company	Price to free cash flow
CNSCohen & Steers	53.4×
AAMIAcadian Asset Management	n/m
ABAlliancebernstein	n/m
LAZLazard	6.2×
FHIFederated Hermes	11.6×
MCMoelis	9.8×
HLNEHamilton Lane INC	12.4×
HASIHA Sustainable Infrastructure Capital	n/m
APAMArtisan Partners Asset Management	10.5×
GCMGGCM Grosvenor	13.5×
DLBDolby Laboratories	15.0×
Peer median	11.6×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Cohen & Steers

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.