Cohen & Steers, Inc. (CNS) Valuation — DCF, Graham & Comparables

Cohen & Steers, Inc. (CNS) — Price $74.38 (closing price, November 2, 2026) — Financial Services — Asset Management — NYSE

Latest reported results:

Valuation dashboard for Cohen & Steers, Inc. (CNS) with P/E 22.82, P/B 6.31, EV/EBITDA 16.0 and dividend yield 3.54%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Financial Services companies.

Cohen & Steers, Inc. operates as a publicly traded holding company specializing in asset management. Through its various operating units, the firm delivers financial services to institutional investors, such as pension funds, university endowments, and charitable foundations. Its subsidiaries are tasked with managing bespoke client portfolios across equities, fixed income, multi-asset strategies, and commodities.

What would it be worth at its usual multiples?

Versus its usual multiples: fairly priced · Current P/E 22.8× · Multiples range: $42.09 · $70.71.

At the decade median (21.7×) $71 (-5 %); at its sector median (12.9×) $42 (-43 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.

Analysis Summary

Cohen & Steers, Inc. reported revenue of $567.8M in the most recent fiscal year, growing at a 5-year CAGR of 5.7%. Net income reached $153.2M, with a 14.9% 5-year CAGR.

Trailing-twelve-month margins: gross margin 84.7%, operating margin 33.9%, net margin 27.5%.

At $74.38 (closing price, November 2, 2026), CNS trades at a P/E of 22.82 and an ROE of 29.08%. Market capitalisation stands at $3.8B.

Balance sheet quality for CNS: debt-to-equity ratio of 0.22, current ratio of 1.83 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio22.82
Price / Book6.31
EV / EBITDA16.0
Dividend Yield3.54%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
CNSCohen & Steers, Inc.$3.8B22.826.3129.1%
VCTRVictory Capital Holdings, Inc.$7.0B21.012.9919.3%
GBDCGolub Capital BDC, Inc.$3.3B23.440.913.8%
HASIHA Sustainable Infrastructure Capital, Inc.$4.9B72.251.923.4%
ABAllianceBernstein Holding L.P.$3.2B10.382.7025.2%
FHIFederated Hermes, Inc.$4.7B11.173.4434.0%
GNWGenworth Financial, Inc.$3.4B16.800.392.4%
FSKFS KKR Capital Corp.$3.2B0.61-6.7%

Price

Price$74.38 (closing price, November 2, 2026)
Market Cap$3.8B
ExchangeNYSE
CountryUS

Profitability

Return on Equity29.08%
Return on Invested Capital17.20%
Return on Assets17.23%
Gross Margin84.67%
Operating Margin33.93%
Net Margin27.52%

Related companies: VCTR · GBDC · HASI · AB · FHI · GNW · FSK · HTGC

Explore sector: Financial Services · Asset Management

More sections of CNS: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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