JHG (Janus Henderson Group) Debt-to-Equity: 0.08 (As of Mar. 2026) — 14% Above Median

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Director of Data and Quant Analytics at GuruFocus
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JHG Janus Henderson Group PLC JHG
61 GF Score
Price $51.95
GF Value $48.07
Valuation Fairly Valued
! 4 Warning Signs
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What is Janus Henderson Group Debt-to-Equity?

Janus Henderson Group JHG 61 Debt-to-Equity is 0.08 as of Mar. 2026, which is 14% above its 10-year median of 0.07. GuruFocus rates JHG with a GF Score™ of 61/100 and a GF Value™ of $48.07 (Fairly Valued). The stock has 4 warning signs investors should review. Among 944 Asset Management companies, Janus Henderson Group ranks better than 73.31% on this metric.

Janus Henderson Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0 Mil. Janus Henderson Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $396 Mil. Janus Henderson Group's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $5,178 Mil. Janus Henderson Group's debt to equity for the quarter that ended in Mar. 2026 was 0.08.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Janus Henderson Group's Debt-to-Equity or its related term are showing as below:

JHG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.07   Max: 0.15
Current: 0.08

During the past 13 years, the highest Debt-to-Equity Ratio of Janus Henderson Group was 0.15. The lowest was 0.07. And the median was 0.07.

JHG's Debt-to-Equity is ranked better than
73.31% of 944 companies
in the Asset Management industry
Industry Median: 0.21 vs JHG: 0.08

Janus Henderson Group  (NYSE:JHG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Janus Henderson Group Debt-to-Equity Related Terms


Janus Henderson Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Janus Henderson Group's Debt-to-Equity 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.

Janus Henderson Group Debt-to-Equity Chart

Janus Henderson Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.09 0.08 0.11 0.10

Janus Henderson Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 0.08 0.08 0.08 0.10 0.08

JHG vs PDI, AMG, TPG: Debt-to-Equity Comparison

For the Asset Management subindustry, Janus Henderson Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Asset Management Industry

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

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


JHG
61GF Score
Janus Henderson Group PLC JHG
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Janus Henderson Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Janus Henderson Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Janus Henderson Group's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.08 mean?
Janus Henderson Group (JHG) has a Debt-to-Equity of 0.08 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Janus Henderson Group and its competitors. This is 14% above median its historical median of 0.07. Over the past decade, Janus Henderson Group's Debt-to-Equity has ranged from 0.07 to 0.15. According to the industry distribution chart, Janus Henderson Group ranks #252 out of 944 companies in the Asset Management industry, placing it in the top 26.7%.
Is Janus Henderson Group's Debt-to-Equity too high?
Janus Henderson Group's current Debt-to-Equity of 0.08 is 14% above median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.15. The Asset Management industry median Debt-to-Equity is 0.21. Janus Henderson Group's value of 0.08 is 61.9% below this industry median. Based on the distribution chart, Janus Henderson Group ranks #252 out of 944 companies in the Asset Management industry, which is above the industry midpoint. Overall, Janus Henderson Group has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Janus Henderson Group's Debt-to-Equity compare to PDI and AMG?
According to the Asset Management industry distribution chart, Janus Henderson Group ranks #252 out of 944 companies for Debt-to-Equity. This puts Janus Henderson Group in the upper half of its industry. The industry median Debt-to-Equity is 0.21. Janus Henderson Group's value of 0.08 is 61.9% below this benchmark. Historically, Janus Henderson Group's own Debt-to-Equity has ranged from 0.07 to 0.15 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 0.21, Janus Henderson Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 944 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Janus Henderson Group's current Debt-to-Equity of 0.08 is 61.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Janus Henderson Group and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Janus Henderson Group's current Debt-to-Equity is 0.08, which is 14% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Janus Henderson Group stock overvalued right now?
Based on GuruFocus' analysis, Janus Henderson Group (JHG) is currently considered Fairly Valued. The stock's GF Value™ is $48.07, compared to a current price of $51.95 — trading 8.1% above its estimated fair value. The current Debt-to-Equity is 0.08, which is 14% above median its 10-year median of 0.07 and 61.9% below the Asset Management industry median of 0.21. Janus Henderson Group's overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Janus Henderson Group (JHG), the current Debt-to-Equity is 0.08 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Janus Henderson Group (JHG) Overvalued in 2026?

Based on GuruFocus' analysis, Janus Henderson Group stock appears to be overvalued. The current stock price of $51.95 is trading 8.1% above its estimated GF Value™ of $48.07. GuruFocus considers Janus Henderson Group to be Fairly Valued.

Key valuation signals for JHG:

  • Debt-to-Equity: 0.08 (14% above median its 10-year median of 0.07)
  • GF Value™: $48.07 vs. price of $51.95 (8.1% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 61.9% below the Asset Management median (#252 of 944)

No single metric tells the full story. See the JHG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Janus Henderson Group Business Description

Other Exchanges 0RPW:UKHDJA:Germany
Address 201 Bishopsgate, London, GBR, EC2M 3AE
Janus Henderson Group provides investment management services to retail intermediary (49% of managed assets), self-directed (20%) and institutional (31%) clients. At the end of 2025, active equities (52%), fixed-income (32%), balanced (12%) and alternative (4%) investment platforms constituted the company's $493.2 billion in assets under management. Janus Henderson sources most of its managed assets from clients in North America (65%), with customers from Europe, the Middle East, Africa, and Latin America (26%) and the Asia-Pacific region (9%) accounting for the remainder.
61GF Score

Get the complete analysis for JHG

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$51.95
Price
$48.07
GF Value