Specialist asset manager focused on real assets such as REITs, real estate securities, listed infrastructure and preferred securities.
Specialist asset manager focused on real assets such as REITs, real estate securities, listed infrastructure and preferred securities.
Charges fees as a share of assets managed, through funds sold to retail investors and separate accounts for institutions, so revenue rises with markets and net inflows and falls with redemptions. Its REIT specialism dates from the early years of that market.
Moat: narrow (brand, process know-how). Decades of specialist real-assets expertise and track record versus generalist multi-asset managers.
Headquarters: New York, New York, United States · Founded: 1986 · Employees: 424
Size Cohen & Steers (CNS) is a United States Financials company (Investment Managers) with a market value of $3.76B, the 1385th largest of 3,117 United States companies the cockpit tracks. Shares closed at $73.20 on 6 Nov 2026.
Performance Over six months the shares gained 0.6%, against +4.1% for the median peer and -1.1% for the United States market (cap-weighted) — 9th lowest of 21 in its peer set.
Growth Revenue grew 13.3% over the last twelve months (peer median +21.0%); the operating margin is 32.8% (peer median 29.3%).
Valuation It trades at 20.1× forward earnings against a peer median of 15.6× (8th most expensive of 19).
Short interest Short interest is 3.7% of the free float (15 Oct 2026).
Next results Next results expected around 27 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $627M | $571M | $514M | $484M | $574M |
| Revenue growth | — | +11% | +6% | -16% | — |
| Gross profit | $536M | $489M | $448M | $411M | $475M |
| EBITDA | $216M | $196M | $196M | $187M | $207M |
| Net income | $169M | $153M | $151M | $129M | $171M |
| Free cash flow | n/a | $193M | $181M | $134M | $228M |
| Capital expenditure | $0 | $5.98M | $11.7M | $57.0M | $4.22M |
| Total debt | $132M | $138M | $141M | $140M | $139M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Cohen & Steers CNS | $3.76B | +1% | +13% | 33% | 20.1× | n/a |
| Brookfield Asset Management BAM | $86.7B | +6% | +120% | 62% | 26.6× | n/a |
| Invesco IVZ | $11.9B | -1% | +17% | 24% | 8.6× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | CNS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +3.5% | +1.2% | 8th highest of 21 |
| 6-month return | +0.6% | +4.1% | 9th lowest of 21 |
| Distance from 52-week high | -15.4% | -16.3% | 10th highest of 21 |
| Revenue growth (TTM) | +13.3% | +21.0% | 7th lowest of 20 |
| Operating margin | 32.8% | 29.3% | 9th highest of 20 |
| Forward P/E | 20.1× | 15.6× | 8th most expensive of 19 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Cohen & Steers CNS | United States | $3.76B | +1% | +13% | 33% | 20.1× | n/a | n/a |
| Eurazeo RF.PA | France | $3.70B | +2% | +18% | -2% | 28.7× | n/a | n/a |
| AMP AMP.AX | Australia | $3.69B | +46% | -5% | -1% | 15.7× | n/a | n/a |
| Nuvama Wealth Management NUVAMA.NS | India | $3.61B | +25% | +13% | 29% | 26.2× | n/a | n/a |
| First Capital Securities 002797.SZ | China | $3.61B | -24% | -6% | 22% | 21.1× | n/a | n/a |
| Guotai Junan International 1788.HK | Hong Kong | $3.58B | +10% | +43% | 65% | n/a | n/a | n/a |
| Anand Rathi Wealth ANANDRATHI.NS | India | $4.18B | +31% | +35% | 41% | 90.5× | n/a | n/a |
| Mandatum MANTA.HE | Finland | $3.33B | -10% | +60% | 8% | 23.7× | n/a | n/a |
| Netwealth NWL.AX | Australia | $3.31B | -13% | +21% | 46% | 34.1× | n/a | n/a |
| Sealand Securities 000750.SZ | China | $3.30B | -12% | +2% | 22% | n/a | n/a | n/a |
| Quilter QLT.L | United Kingdom | $3.30B | +5% | +191% | 3% | 15.0× | n/a | n/a |
| China Cinda Asset Management 1359.HK | Hong Kong | $4.36B | -21% | -25% | 53% | 11.7× | n/a | n/a |
| Tikehau Capital SCA TKO.PA | France | $3.24B | -10% | +32% | 31% | 10.7× | n/a | n/a |
| Acadian Asset Management AAMI | United States | $3.23B | +33% | +25% | 27% | 15.4× | n/a | n/a |
| Man EMG.L | United Kingdom | $4.43B | +10% | +24% | 28% | 8.4× | n/a | n/a |
| Artisan Partners Asset Management APAM | United States | $3.17B | +3% | +6% | 36% | 10.6× | n/a | n/a |
| AllianceBernstein Holding L.P AB | United States | $3.14B | -13% | n/a | n/a | 9.6× | n/a | n/a |
| AJ Bell AJB.L | United Kingdom | $3.04B | +13% | +19% | 42% | 19.2× | n/a | n/a |
| Federated Hermes FHI | United States | $4.73B | +14% | +13% | 28% | 10.9× | n/a | n/a |
| Bridgepoint BPT.L | United Kingdom | $4.79B | +55% | +36% | 49% | 10.7× | n/a | n/a |
| Sprott SII.TO | Canada | $2.96B | -17% | +88% | 38% | 25.6× | n/a | n/a |