Cohen & Steers profit margin CNS
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 28.8%
- Operating margin, 12 months
- 32.9%
- Net margin on a year earlier
- −1.0 pts
- Peer median
- 19.0%
Over the twelve months to Jun 30, 2026, Cohen & Steers kept 28.8% of its revenue as net profit, with an operating margin of 32.9%.
Five years earlier its net margin was 24.7%.
The median for 10 asset managers of a similar size is 19.0%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 27.6% | 32.0% |
| FY2024 | 29.2% | 33.4% |
| FY2023 | 26.4% | 33.6% |
| FY2022 | 30.2% | 38.1% |
| FY2021 | 36.2% | 44.6% |
| FY2020 | 17.9% | 22.2% |
| FY2019 | 32.8% | 39.0% |
| FY2018 | 29.9% | 38.6% |
| FY2017 | 24.3% | 40.9% |
| FY2016 | 26.6% | 38.7% |
| FY2015 | 19.6% | 38.8% |
| FY2014 | 24.1% | 38.8% |
| FY2013 | 22.9% | 35.7% |
| FY2012 | 24.2% | 35.3% |
| FY2011 | 22.9% | 36.7% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 28.8% | −1.0 pts | 32.9% | |
| Q1 FY26 | 27.5% | −2.2 pts | 32.2% | |
| Q4 FY25 | 27.6% | −1.7 pts | 32.0% | |
| Q3 FY25 | 29.7% | +2.5 pts | 33.8% | |
| Q2 FY25 | 29.8% | +3.6 pts | 33.6% | |
| Q1 FY25 | 29.7% | +3.4 pts | 33.6% | |
| Q4 FY24 | 29.2% | +2.9 pts | 33.4% | |
| Q3 FY24 | 27.2% | +0.7 pts | 32.5% | |
| Q2 FY24 | 26.2% | −1.9 pts | 32.3% | |
| Q1 FY24 | 26.3% | −4.2 pts | 32.9% | |
| Q4 FY23 | 26.4% | −3.8 pts | 33.6% | |
| Q3 FY23 | 26.6% | −7.2 pts | 35.0% |
Against its peers
Companies in Asset Management nearest Cohen & Steers' size, closest first, today.
| Company | Profit margin |
|---|---|
| CNSCohen & Steers | 28.8% |
| AAMIAcadian Asset Management | 15.2% |
| ABAlliancebernstein | n/m |
| LAZLazard | 6.9% |
| FHIFederated Hermes | 21.3% |
| MCMoelis | n/m |
| HLNEHamilton Lane INC | 32.1% |
| HASIHA Sustainable Infrastructure Capital | 24.1% |
| APAMArtisan Partners Asset Management | 24.1% |
| GCMGGCM Grosvenor | 7.8% |
| DLBDolby Laboratories | 16.7% |
| Peer median | 19.0% |
Where Cohen & Steers ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Cohen & Steers
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.