JHG (Janus Henderson Group) Interest Coverage: 18.08 (As of Mar. 2026) — 54% Below Median


JHG Janus Henderson Group PLC JHG
83 GF Score
Price $51.93
GF Value $49.75
Valuation Fairly Valued
! 5 Warning Signs
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What is Janus Henderson Group Interest Coverage?

Janus Henderson Group JHG +0.02% 83 Interest Coverage is 18.08 as of Mar. 2026, which is 54% below its 10-year median of 39.40. GuruFocus rates JHG with a GF Score™ of 83/100 and a GF Value™ of $49.75 (Fairly Valued). The stock has 5 warning signs investors should review. Among 475 Asset Management companies, Janus Henderson Group ranks worse than 51.16% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Janus Henderson Group's Operating Income for the three months ended in Mar. 2026 was $114 Mil. Janus Henderson Group's Interest Expense for the three months ended in Mar. 2026 was $-6 Mil. Janus Henderson Group's interest coverage for the quarter that ended in Mar. 2026 was 18.08. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Janus Henderson Group's Interest Coverage or its related term are showing as below:

JHG' s Interest Coverage Range Over the Past 10 Years
Min: 35.17   Med: 39.4   Max: 73.66
Current: 38.42


JHG's Interest Coverage is ranked worse than
51.16% of 475 companies
in the Asset Management industry
Industry Median: 42.97 vs JHG: 38.42

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Janus Henderson Group  (NYSE:JHG) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Janus Henderson Group Interest Coverage Related Terms


Janus Henderson Group Interest Coverage Historical Data

* Premium members only.

The historical data trend for Janus Henderson Group's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Janus Henderson Group Interest Coverage Chart

Janus Henderson Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.66 41.71 38.09 35.87 40.70

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
Interest Coverage 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 26.03 27.76 28.59 79.90 18.08

JHG vs AMG, PDI, OWL: Interest Coverage Comparison

For the Asset Management subindustry, Janus Henderson Group's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Janus Henderson Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Janus Henderson Group's Interest Coverage falls into.


JHG
83GF Score
Janus Henderson Group PLC JHG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Janus Henderson Group Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Janus Henderson Group's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Janus Henderson Group's Interest Expense was $-24 Mil. Its Operating Income was $985 Mil. And its Long-Term Debt & Capital Lease Obligation was $490 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*984.9/-24.2
=40.70

Janus Henderson Group's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Janus Henderson Group's Interest Expense was $-6 Mil. Its Operating Income was $114 Mil. And its Long-Term Debt & Capital Lease Obligation was $396 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*113.9/-6.3
=18.08

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 18.08 mean?
Janus Henderson Group (JHG) has a Interest Coverage of 18.08 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Janus Henderson Group and its competitors. This is 54% below median its historical median of 39.40. Over the past decade, Janus Henderson Group's Interest Coverage has ranged from 35.17 to 73.66. According to the industry distribution chart, Janus Henderson Group ranks #243 out of 475 companies in the Asset Management industry, placing it in the top 51.2%.
Is Janus Henderson Group's Interest Coverage too high?
Janus Henderson Group's current Interest Coverage of 18.08 is 54% below median its 10-year median of 39.40. Over the past 10 years, this metric has ranged from a low of 35.17 to a high of 73.66. The Asset Management industry median Interest Coverage is 42.97. Janus Henderson Group's value of 18.08 is 57.9% below this industry median. Based on the distribution chart, Janus Henderson Group ranks #243 out of 475 companies in the Asset Management industry, which is below the industry midpoint. Overall, Janus Henderson Group has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Janus Henderson Group's Interest Coverage compare to AMG and PDI?
According to the Asset Management industry distribution chart, Janus Henderson Group ranks #243 out of 475 companies for Interest Coverage. This places Janus Henderson Group in the lower half of its industry. The industry median Interest Coverage is 42.97. Janus Henderson Group's value of 18.08 is 57.9% below this benchmark. Historically, Janus Henderson Group's own Interest Coverage has ranged from 35.17 to 73.66 over the past decade. While the company's 10-year median is 39.40 vs. the industry median of 42.97, 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 Interest Coverage for an Asset Management company?
The median Interest Coverage among Asset Management companies is 42.97, based on 475 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Janus Henderson Group's current Interest Coverage of 18.08 is 57.9% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Janus Henderson Group and its competitors. For the Asset Management industry, the median Interest Coverage is 42.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Janus Henderson Group's current Interest Coverage is 18.08, which is 54% below median its own 10-year median of 39.40. 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 $49.75, compared to a current price of $51.93 — trading 4.4% above its estimated fair value. The current Interest Coverage is 18.08, which is 54% below median its 10-year median of 39.40 and 57.9% below the Asset Management industry median of 42.97. Janus Henderson Group's overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Janus Henderson Group (JHG), the current Interest Coverage is 18.08 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 $51.93 is trading 4.4% above its estimated GF Value™ of $49.75. GuruFocus considers Janus Henderson Group to be Fairly Valued.

Key valuation signals for JHG:

  • Interest Coverage: 18.08 (54% below median its 10-year median of 39.40)
  • GF Value™: $49.75 vs. price of $51.93 (4.4% above fair value)
  • GF Score™: 83/100 with 5 warning signs
  • Industry Position: 57.9% below the Asset Management median (#243 of 475)

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.
83GF Score

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

$51.93
Price
$49.75
GF Value