JHG (Janus Henderson Group) Retained Earnings: $1,589 Mil (As of Mar. 2026)

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JHG Janus Henderson Group PLC JHG
83 GF Score
Price $51.95
GF Value $48.78
Valuation Fairly Valued
! 5 Warning Signs
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What is Janus Henderson Group Retained Earnings?

Janus Henderson Group JHG 83 Retained Earnings is $1,589 Mil as of Mar. 2026. GuruFocus rates JHG with a GF Score™ of 83/100 and a GF Value™ of $48.78 (Fairly Valued). The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Janus Henderson Group's retained earnings for the quarter that ended in Mar. 2026 was $1,589 Mil.

Janus Henderson Group's quarterly retained earnings increased from Sep. 2025 ($1,182 Mil) to Dec. 2025 ($1,498 Mil) and increased from Dec. 2025 ($1,498 Mil) to Mar. 2026 ($1,589 Mil).

Janus Henderson Group's annual retained earnings declined from Dec. 2023 ($1,136 Mil) to Dec. 2024 ($1,095 Mil) but then increased from Dec. 2024 ($1,095 Mil) to Dec. 2025 ($1,498 Mil).


Janus Henderson Group  (NYSE:JHG) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Janus Henderson Group Retained Earnings Historical Data

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The historical data trend for Janus Henderson Group's Retained Earnings 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 Retained Earnings Chart

Janus Henderson Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,040.20 1,060.70 1,135.50 1,095.10 1,498.40

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
Retained Earnings 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 1,128.40 1,167.00 1,182.40 1,498.40 1,589.00
JHG
83GF Score
Janus Henderson Group PLC JHG
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Janus Henderson Group Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $1,589 Mil mean?
Janus Henderson Group (JHG) has a Retained Earnings of $1,589 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Janus Henderson Group and its competitors.
Is Janus Henderson Group's Retained Earnings too high?
Janus Henderson Group's current Retained Earnings is $1,589 Mil. 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 Retained Earnings compare to PDI and AMG?
Janus Henderson Group's Retained Earnings of $1,589 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Asset Management company?
A good Retained Earnings depends on the Asset Management industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Janus Henderson Group and its competitors. Janus Henderson Group's current Retained Earnings is $1,589 Mil. 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 $48.78, compared to a current price of $51.95 — trading 6.5% above its estimated fair value. The current Retained Earnings is $1,589 Mil. 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 Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Janus Henderson Group (JHG), the current Retained Earnings is $1,589 Mil 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 6.5% above its estimated GF Value™ of $48.78. GuruFocus considers Janus Henderson Group to be Fairly Valued.

Key valuation signals for JHG:

  • Retained Earnings: $1,589 Mil
  • GF Value™: $48.78 vs. price of $51.95 (6.5% above fair value)
  • GF Score™: 83/100 with 5 warning signs

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

$51.95
Price
$48.78
GF Value