Cohen & Steers Inc (CNS) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1166 AVENUE OF THE AMERICAS NEW YORK, NY 10036 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6282 - Investment Advice (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 420,353 | 339,014 | 154,021 | 206,204 | 267,891 | 268,308 | |||
| Cash and cash equivalents | 247,418 | 184,373 | 41,232 | 101,352 | 92,733 | 193,452 | |||
| Short-term investments | 172,935 | 154,641 | 112,789 | 104,852 | 175,158 | 74,856 | |||
| Total current assets: | 420,353 | 339,014 | 154,021 | 206,204 | 267,891 | 268,308 | |||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 136,430 | 22,009 | 31,203 | ✕ | ✕ | ||||
| Property, plant and equipment | 8,757 | 8,938 | 10,341 | 12,486 | 14,106 | 15,040 | |||
| Long-term investments and receivables | 20 | 13 | 541 | 554 | 26 | 6,176 | |||
| Long-term investments | 20 | 13 | 541 | 554 | 26 | 6,176 | |||
| Intangible assets, net (including goodwill) | 19,049 | 19,696 | 20,495 | 19,560 | 19,751 | 20,379 | |||
| Goodwill | 17,799 | 18,446 | 19,245 | 18,310 | 18,501 | 19,034 | |||
| Intangible assets, net (excluding goodwill) | 1,250 | 1,250 | 1,250 | 1,250 | 1,250 | 1,345 | |||
| Deferred income tax assets | 6,995 | ✕ | ✕ | ||||||
| Total noncurrent assets: | 164,256 | 50,656 | 69,575 | 32,600 | 33,883 | 41,595 | |||
| Other undisclosed assets | 88,770 | 103,017 | 124,857 | 163,615 | 130,777 | 100,222 | |||
| TOTAL ASSETS: | 673,379 | 492,687 | 348,453 | 402,419 | 432,551 | 410,125 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 85,514 | 101,778 | 64,728 | 70,299 | 62,348 | 61,262 | |||
| Taxes payable | ✕ | ✕ | 22,611 | 12,672 | 22,194 | 18,663 | 19,892 | ||
| Employee-related liabilities | ✕ | ✕ | 79,167 | 52,056 | 48,105 | 43,685 | 41,370 | ||
| Accrued liabilities | 85,514 | ||||||||
| Total current liabilities: | 85,514 | 101,778 | 64,728 | 70,299 | 62,348 | 61,262 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 24,525 | 34,926 | |||||||
| Liabilities, other than long-term debt | 138,809 | 5,816 | 5,994 | ||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 5,994 | ||
| Deferred rent credit | 5,816 | ✕ | |||||||
| Operating lease, liability | 138,809 | 24,525 | 34,926 | ✕ | ✕ | ||||
| Total noncurrent liabilities: | 138,809 | 49,050 | 69,852 | 5,816 | 5,994 | ||||
| Other undisclosed liabilities | 22,113 | (2,467) | (11,031) | 65,005 | 27,549 | 19,538 | |||
| Total liabilities: | 246,436 | 148,361 | 123,549 | 135,304 | 95,713 | 86,794 | |||
| Temporary equity, carrying amount | 85,335 | 89,143 | 50,665 | 53,412 | 114,192 | 47,795 | |||
| Equity | |||||||||
| Equity, attributable to parent | 337,554 | 255,183 | 174,239 | 213,703 | 222,646 | 275,536 | |||
| Common stock | 551 | 543 | 535 | 527 | 518 | 511 | |||
| Treasury stock, value | (250,169) | (223,354) | (200,762) | (174,825) | (164,417) | (153,818) | |||
| Additional paid in capital | 769,373 | 715,847 | 670,142 | 636,788 | 602,272 | 570,486 | |||
| Accumulated other comprehensive loss | (10,784) | (5,886) | (4,134) | (6,326) | (7,323) | (3,671) | |||
| Accumulated deficit | (171,417) | (231,967) | (291,542) | (242,461) | (208,404) | (137,972) | |||
| Equity, attributable to noncontrolling interest | 4,054 | ||||||||
| Total equity: | 341,608 | 255,183 | 174,239 | 213,703 | 222,646 | 275,536 | |||
| TOTAL LIABILITIES AND EQUITY: | 673,379 | 492,687 | 348,453 | 402,419 | 432,551 | 410,125 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 566,906 | 583,832 | 427,536 | 410,830 | 381,111 | 378,194 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (7,117) | |||||||
| Gross profit: | 566,906 | 583,832 | 427,536 | 410,830 | 381,111 | 371,077 | ||
| Operating expenses | (350,968) | (323,460) | (332,479) | (250,696) | (234,073) | (223,448) | ||
| Other undisclosed operating income | 7,117 | |||||||
| Operating income: | 215,938 | 260,372 | 95,057 | 160,134 | 147,038 | 154,746 | ||
| Nonoperating income (expense) | (19,041) | 21,572 | (1,670) | 27,415 | (3,259) | 5,654 | ||
| Investment income, nonoperating | (18,288) | 21,661 | (754) | 28,389 | (3,838) | 4,333 | ||
| Other nonoperating income (expense) | (753) | (89) | (916) | (974) | 579 | (699) | ||
| Income from continuing operations before income taxes: | 196,897 | 281,944 | 93,387 | 187,549 | 143,779 | 160,400 | ||
| Income tax expense | (47,411) | (55,790) | (18,222) | (40,565) | (34,257) | (67,914) | ||
| Income from continuing operations: | 149,486 | 226,154 | 75,165 | 146,984 | 109,522 | 92,486 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | 226,154 | 75,165 | 146,984 | 109,522 | 92,486 | |
| Net income: | 149,486 | 226,154 | 75,165 | 146,984 | 109,522 | 92,486 | ||
| Net income (loss) attributable to noncontrolling interest | 21,556 | (14,758) | 1,419 | (12,363) | 4,374 | (547) | ||
| Net income available to common stockholders, diluted: | 171,042 | 211,396 | 76,584 | 134,621 | 113,896 | 91,939 | ||
Comprehensive Income ($ in thousands)
| 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 149,486 | 226,154 | 75,165 | 146,984 | 109,522 | 92,486 | ||
| Other comprehensive income (loss) | 997 | (2,557) | 2,214 | |||||
| Comprehensive income: | 149,486 | 226,154 | 75,165 | 147,981 | 106,965 | 94,700 | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 21,556 | (14,758) | 1,419 | (12,363) | 4,374 | (547) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (4,898) | (1,752) | 2,192 | |||||
| Comprehensive income, net of tax, attributable to parent: | 166,144 | 209,644 | 78,776 | 135,618 | 111,339 | 94,153 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.