Cohen & Steers CNS Ratios & Valuation
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Operating margin | 32%-1.5pp | 33.4%-0.2pp | 33.6%-4.5pp | 38.1%-6.5pp | |
| Net margin | 27.6%-1.7pp | 29.2%+2.9pp | 26.4%-3.8pp | 30.2%-6.0pp | |
| EBITDA margin | 33.7%-1.5pp | 35.2%+0.8pp | 34.4%-4.4pp | 38.9%-6.4pp | |
| Returns | |||||
| Return on equity | 28.5%-5.3pp | 33.9%-2.0pp | 35.9%-21.8pp | 57.7%-40.7pp | |
| Return on assets | 18.1%-1.4pp | 19.5%+1.2pp | 18.3%-11.0pp | 29.3%-20.9pp | |
| Return on invested capital | 34.7%+1.2pp | 33.5%-11.0pp | 44.5%-57.3pp | 101.8%-57.4pp | |
| Efficiency | |||||
| Asset turnover | 0.7×0.0× | 0.7×0.0× | 0.7×-0.3× | 1×-0.4× | |
| Leverage | |||||
| Debt-to-equity | 0.2×0.0× | 0.3×-0.1× | 0.4×0.0× | 0.4×+0.3× | |
| Debt-to-assets | 0.2×0.0× | 0.2×0.0× | 0.2×0.0× | 0.2×+0.2× | |
| Net debt / EBITDA | -0×+0.2× | -0.2×+0.1× | -0.3×+0.2× | -0.5×+0.1× | |
| Per Share | |||||
| Book value per share | $10.91+8.6% | $10.05+30.6% | $7.69+12.4% | $6.85+31.7% | |
| Valuation | |||||
| Market capitalization | $3.2B-31.4% | $4.67B+25.5% | $3.72B+18.3% | $3.14B-29.6% | |
| Enterprise value | $3.19B-31.0% | $4.63B+26.0% | $3.67B+21.0% | $3.03B-29.5% | |
| Price / earnings | 20.9×-10.0× | 30.9×+2.0× | 28.8×+10.5× | 18.4×-2.7× | |
| Price / sales | 5.8×-3.3× | 9×+1.4× | 7.6×+2.1× | 5.5×-2.1× | |
| Price / book | 5.7×-3.4× | 9.1×-0.6× | 9.8×+0.4× | 9.3×-8.2× | |
| EV / EBITDA | 17×-8.4× | 25.4×+3.6× | 21.8×+8.0× | 13.8×-2.5× | |
| EV / sales | 5.7×-3.2× | 8.9×+1.4× | 7.5×+2.1× | 5.4×-2.0× | |
| Earnings yield | 4.8%+1.5pp | 3.2%-0.2pp | 3.5%-2.0pp | 5.4%+0.7pp | |
| Dividend yield | 4%+1.4pp | 2.6%-0.5pp | 3%-0.4pp | 3.4%+0.1pp | |
| PEG ratio | 16.2×+14.4× | 1.8×— | —— | —— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- Where do Cohen & Steers's ratios come from?
- Every ratio is computed from Cohen & Steers's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.