GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cohen & Steers Inc (NYSE:CNS) » Definitions » Return-on-Tangible-Asset

CNS (Cohen & Steers) Return-on-Tangible-Asset : 19.77% (As of Mar. 2025)


View and export this data going back to 2004. Start your Free Trial

What is Cohen & Steers Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Cohen & Steers's annualized Net Income for the quarter that ended in Mar. 2025 was $159.1 Mil. Cohen & Steers's average total tangible assets for the quarter that ended in Mar. 2025 was $804.7 Mil. Therefore, Cohen & Steers's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 19.77%.

The historical rank and industry rank for Cohen & Steers's Return-on-Tangible-Asset or its related term are showing as below:

CNS' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 18.82   Med: 26.44   Max: 52.79
Current: 20.97

During the past 13 years, Cohen & Steers's highest Return-on-Tangible-Asset was 52.79%. The lowest was 18.82%. And the median was 26.44%.

CNS's Return-on-Tangible-Asset is ranked better than
91.13% of 1680 companies
in the Asset Management industry
Industry Median: 5.045 vs CNS: 20.97

Cohen & Steers Return-on-Tangible-Asset Historical Data

The historical data trend for Cohen & Steers's Return-on-Tangible-Asset 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.

Cohen & Steers Return-on-Tangible-Asset Chart

Cohen & Steers Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.55 52.79 30.34 18.82 20.02

Cohen & Steers Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset 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 19.73 17.82 21.54 24.41 19.77

Competitive Comparison of Cohen & Steers's Return-on-Tangible-Asset

For the Asset Management subindustry, Cohen & Steers's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Cohen & Steers's Return-on-Tangible-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cohen & Steers's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Cohen & Steers's Return-on-Tangible-Asset falls into.


;
;

Cohen & Steers Return-on-Tangible-Asset Calculation

Cohen & Steers's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=151.265/( (717.159+793.61)/ 2 )
=151.265/755.3845
=20.02 %

Cohen & Steers's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=159.112/( (793.61+815.696)/ 2 )
=159.112/804.653
=19.77 %

* 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.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2025) net income data.


Cohen & Steers  (NYSE:CNS) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Cohen & Steers Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Cohen & Steers's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Cohen & Steers Business Description

Traded in Other Exchanges
Address
1166 Avenue of the Americas, 10th Floor, New York, NY, USA, 10036
Cohen & Steers is a niche asset manager concentrating on real estate securities. The firm invests mainly in the equity shares of real estate investment trusts, with holdings in domestic and international real estate securities accounting for close to two thirds of its $79.3 billion in managed assets at the end of January 2024. Cohen & Steers also manages portfolios dedicated to preferred securities, utilities stocks, and other high-yield offerings. The firm's distribution is balanced among its closed-end funds, open-end funds, and institutional accounts. During the past four calendar quarters, the company garnered 42% (27%) of its managed assets (base management fees) from institutional clients, 45% (52%) from open-end funds, and 13% (21%) from closed-end funds.
Executives
Daniel P Charles officer: Executive Vice President C/O COHEN & STEERS, INC., NEW YORK NY 10017
Peter L Rhein director
Edmond D Villani director COHEN & STEERS, INC., 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Francis C Poli officer: See Remarks 280 PARK AVENUE, 10TH FLOOR, C/O COHEN & STEERS, NEW YORK NY 10017
Elena Dulik officer: Chief Accounting Officer 280 PARK AVE, 10TH FLOOR, NEW YORK NY 10017
Jon Cheigh officer: Executive Vice President C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Richard P Simon director COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Brandon Brown officer: Executive Vice President 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Martin Cohen director, 10 percent owner, officer: Executive Chairman C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Alicia Dee officer: Executive Vice President 280 PARK AVE, 10TH FLOOR, NEW YORK NY 10017
Michele Nolty officer: Executive Vice President C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Matthew S. Stadler officer: Chief Financial Officer, EVP C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
John Todd Glickson officer: Senior Vice President 280 PARK AVE, 10TH FLOOR, NEW YORK NY 10017
Dasha Smith director C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Reena Aggarwal director C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017