COHEN & STEERS, INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $92.9m
$91.9m -1.07%
$113.9m +23.88%
$134.6m +18.20%
$76.6m -43.11%
$211.4m +176.03%
$171.0m -19.09%
$129.0m -24.55%
$151.3m +17.22%
$153.2m +1.29%
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $92.8m $92.5m $109.5m $147.0m $75.2m $226.2m $149.5m $136.6m $162.8m $157.4m
Net Income (Loss) Attributable to Noncontrolling Interest ($126k) $547k ($4.4m) $12.4m ($1.4m) $14.8m ($21.6m) $7.6m $11.5m $4.2m
Depreciation, Depletion and Amortization $4.2m $4.2m $4.4m $4.4m $4.7m $4.1m $4.4m $4.1m $9.3m $9.8m $15.4m
Amortization of Intangible Assets $89k $89k $95k $0
Depreciation, Amortization and Accretion, Net $7.6m $7.1m $4.5m $4.4m $4.7m $5.7m $5.6m $5.1m $11.2m $11.7m $15.4m
Deferred Income Tax Expense (Benefit) ($900k) ($314k) ($1.4m) $96k $107k $104k ($1.2m) $537k ($297k) $561k $12.2m
Share-based Payment Arrangement, Noncash Expense $21.6m $21.8m $24.6m $27.8m $29.3m $40.5m $49.4m $44.5m $52.3m $46.0m $55.3m
Income (Loss) from Equity Method Investments $3.3m ($242k)
Nonoperating Income (Expense) $7.9m $5.7m ($3.3m) $27.4m ($1.7m) $21.6m ($19.0m) $15.8m $36.7m $26.9m
Other Nonoperating Income (Expense) $780k ($699k) $579k ($974k) ($916k) ($89k) ($753k) ($3.1m) $738k ($3.8m)
Changes in operating assets and liabilities:
Increase (Decrease) in Accounts Receivable $3.4m $7.6m ($3.3m) $8.7m $9.3m $16.4m ($12.3m) $1.4m $6.7m $5.3m ($19.9m)
Increase (Decrease) in Other Operating Assets $1.4m $576k $2.7m $120k $771k ($4.3m) ($5.2m) $7.3m $4.8m $446k
Net Cash Provided by (Used in) Operating Activities $115.0m
$64.3m -44.11%
$72.6m +12.99%
$141.4m +94.83%
$89.2m -36.95%
$242.9m +172.35%
$61.7m -74.61%
$172.0m +178.80%
$96.7m -43.77%
($120.4m) -224.57%
$20.8m +117.27%
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $10.2m $3.2m $3.5m $2.8m $2.5m $2.7m $4.2m $57.0m $11.7m $6.0m ($6.3m)
Gain (Loss) on Investments ($14.3m) $21.7m ($4.1m) $18.8m ($25.1m) $4.3m $16.6m $8.7m ($14.7m)
Marketable Securities, Unrealized Gain (Loss) ($12.8m) $9.4m $1.3m $10.4m ($32.3m) $10.3m $17.2m $7.7m
Net Cash Provided by (Used in) Investing Activities $2.9m $5.7m ($53.2m) $35.9m ($1.8m) $47.6m ($2.9m) ($114.8m) ($119.7m) $8.4m ($80.9m)
Cash flows from financing activities:
Debt and Equity Securities, Unrealized Gain (Loss) $2.8m
Payments for Repurchase of Common Stock $8.0m $9.1m $10.6m $10.4m $25.9m $22.6m $26.8m $21.5m $21.1m $28.4m
Payments of Ordinary Dividends, Common Stock $70.8m $98.3m $178.9m $162.7m $122.5m $147.6m $107.4m $112.4m $119.2m $126.9m ($167.1m)
Proceeds from Issuance of Common Stock $642k $636k $597k $741k $859k $1.0m $1.0m $1.1m $1.1m $961k $0
Proceeds from (Payments for) Other Financing Activities ($603k) ($15k) ($442k)
Net Cash Provided by (Used in) Financing Activities ($74.5m)
($60.4m) +18.94%
($118.1m) -95.47%
($170.1m) -44.04%
($148.9m) +12.48%
($145.4m) +2.33%
$9.0m +106.17%
($119.1m) -1426.48%
$18.2m +115.26%
$73.8m +306.43%
($63.7m) -186.22%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($2.8m) $679k ($2.0m) $1.4m $1.4m $145.1m $67.8m ($61.9m) ($1.6m) $1.7m ($28.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $101.4m $41.2m $185.4m $248.7m $189.6m $183.2m $146.6m ($28.0m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($2.8m) $679k ($2.0m) $1.4m $1.4m ($999k) ($4.4m) $2.8m ($1.6m) $1.7m ($457k)
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Distributions paid to shareholders $70.8m $98.3m $178.9m $162.7m $122.5m $147.6m $107.4m $112.4m $119.2m $126.9m
Supplemental disclosure of cash flow information:
Income Taxes Paid, Net ($49.3m) ($57.7m) ($36.8m) ($37.0m) ($27.7m) ($45.7m) ($63.6m) ($45.8m) ($47.2m) $51.7m
Additional Financial Items
Derivative, Gain (Loss) on Derivative, Net $2.5m ($1.9m) ($1.5m) $631k ($2.3m) ($2.1m) $6.7m ($2.3m) ($2.6m) ($7.0m)
Foreign Currency Transaction Gain (Loss), before Tax ($1.7m) ($47k) ($211k) ($9k) $1.3m ($2.0m) ($1.6m) $787k ($1.2m) ($1.1m)
General and Administrative Expense $51.6m $52.6m $48.3m $47.6m $56.3m $48.0m $54.8m $66.7m $60.1m $71.2m
Goodwill $17.7m $19.0m $18.5m $18.3m $19.2m $18.4m $17.8m $18.1m $17.5m $18.8m
Income Tax Expense (Benefit) $50.6m $67.9m $34.3m $40.6m $18.2m $55.8m $47.4m $43.6m $46.7m
Operating Expenses $214.4m $223.4m $234.1m $250.7m $332.5m $323.5m $351.0m $325.2m $344.5m $378.4m
Proceeds from Contributions from Parent $2.0m $3.0m $2.0m $3.0m
Proceeds from (Payments to) Noncontrolling Interests $4.0m $46.7m $81.6m $45.7m $4.7m $23.7m $142.1m $14.5m $88.9m $228.7m
Realized Investment Gains (Losses) $8.4m $7.1m ($6.0m) ($658k)
Revenue from Contract with Customer, Including Assessed Tax $381.1m $410.8m $427.5m $583.8m $566.9m $489.6m $517.4m $556.1m