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Janus Henderson Group JHG US — Intangible Assets Net Excluding Goodwill

Other geography segments

GB
$339.4M+7.4%
AU
$33.8M+6.3%

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Other financials

Income statement

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Revenue$690.0M+11.0%
Operating income$67.8M-57.0%
Net income$106.8M-7.9%
EPS (diluted)$0.39-49.4%

Balance sheet

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Cash & equivalents$1.4B+27.4%
Total debt$395.6M+0.1%
Total equity$5.2B+10.3%
Total assets$7.8B+9.6%

Cash flow

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Operating cash flow$234.8M+8,286%
CapEx$3.2M+68.4%
Free cash flow$231.6M+25,633%

Valuation

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Market cap$7.99B+39.0%
Enterprise value$7.01B+38.4%
P/E8.9×-4.8×
P/S2.5×+0.3×

Profitability

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Operating margin22.2%-7.4pp
Net margin28.4%+11.8pp
FCF margin29.7%+2.5pp

Returns & leverage

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Return on equity18.2%+9.0pp
Debt / equity0.1×0.0×
Current ratio3.9×-0.5×

Where this comes from

Reported directly by Janus Henderson Group in its filing.

Tagged under the XBRL concept us-gaap:IntangibleAssetsNetExcludingGoodwill.

The official record: Janus Henderson Group’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Janus Henderson Group's US — intangible assets net excluding goodwill?
Janus Henderson Group (JHG) reported US — intangible assets net excluding goodwill of $2.15B in Q4 2025.
How has Janus Henderson Group's US — intangible assets net excluding goodwill changed year-over-year?
Janus Henderson Group's US — intangible assets net excluding goodwill increased by 1.3% year-over-year, from $2.13B to $2.15B.
What does US — intangible assets net excluding goodwill mean?
This metric measures the net carrying value of identifiable intangible assets, such as client relationships, management contracts, and software, specifically attributed to the US segment, excluding goodwill. These assets represent the value of the firm's intellectual property and customer base that are not physical in nature. Monitoring this helps assess the value of acquired business capabilities and the durability of the US client franchise.