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Janus Henderson Group (Janus Henderson Group) EBIT : $591 Mil (TTM As of Mar. 2024)


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What is Janus Henderson Group EBIT?

Janus Henderson Group's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $176 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $591 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Janus Henderson Group's annualized ROC % for the quarter that ended in Mar. 2024 was 8.96%. Janus Henderson Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1,641.91%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Janus Henderson Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 14.53%.


Janus Henderson Group EBIT Historical Data

The historical data trend for Janus Henderson Group's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Janus Henderson Group EBIT Chart

Janus Henderson Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 598.60 216.40 830.50 388.00 539.70

Janus Henderson Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 125.10 131.80 102.40 180.40 176.30

Competitive Comparison of Janus Henderson Group's EBIT

For the Asset Management subindustry, Janus Henderson Group's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Janus Henderson Group's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Janus Henderson Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Janus Henderson Group's EV-to-EBIT falls into.



Janus Henderson Group EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $591 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Janus Henderson Group  (NYSE:JHG) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Janus Henderson Group's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=476.8 * ( 1 - 18.82% )/( (4419 + 4216.3)/ 2 )
=387.06624/4317.65
=8.96 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Janus Henderson Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=705.2/( ( (44.2 + max(-158.1, 0)) + (41.7 + max(-172.8, 0)) )/ 2 )
=705.2/( ( 44.2 + 41.7 )/ 2 )
=705.2/42.95
=1,641.91 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(294 + 0 + 155.8) - (253 + 0 + 354.9)
=-158.1

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(268.4 + 0 + 127.2) - (403.1 + 0 + 165.3)
=-172.8

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Janus Henderson Group's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=590.9/4065.578
=14.53 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Janus Henderson Group EBIT Related Terms

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Janus Henderson Group (Janus Henderson Group) Business Description

Traded in Other Exchanges
Address
201 Bishopsgate, London, GBR, EC2M 3AE
Janus Henderson Group provides investment management services to retail intermediary (54% of managed assets), self-directed (23%) and institutional (23%) clients. At the end of September, active equities (61%), fixed-income (21%), multi-asset (15%) and alternative (3%) investment platforms constituted the company's USD 308.3 billion in assets under management. Janus Henderson sources 59% of its managed assets from clients in North America, with customers from Europe, the Middle East, Africa, and Latin America (31%) and the Asia-Pacific region (10%) accounting for the remainder. Headquartered in London, JHG is dual-listed on the New York Stock Exchange and the Australian Securities Exchange.
Executives
Georgina Fogo officer: Chief Risk Officer 201 BISHOPSGATE, LONDON X0 EC2M3AE
Joshua D. Frank director 280 PARK AVE, 41ST FL, NEW YORK NY 10017
Leslie Seidman director 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Brennan A. Hughes officer: Chief Accounting Officer 151 DETROIT STREET, DENVER CO 80206
Anne Sheehan director THREE LIMITED PARKWAY, COLUMBUS OH 43230
Brian M Baldwin director 280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017
John M Cassaday director 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Alison A. Quirk director C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206
Ali Dibadj director, officer: CEO C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206
Trian Fund Management, L.p. 10 percent owner 280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017
Suzanne Cain officer: Global Head of Distribution 201 BISHOPSGATE, LONDON X0 EC2M3AE
Glenn S Schafer director 151 DETROIT STREET, DENVER CO 80206
Richard M Weil director, officer: Chief Executive Officer 151 DETROIT STREET, DENVER CO 80206
Edward P Garden director 223 SUNSET AVENUE, PALM BEACH FL 33480
Nelson Peltz director 223 SUNSET AVENUE, PALM BEACH FL 33480