Janus Henderson Group PLC Q3 2024 Results

TL;DR

JHG Q3 earnings $1.50/share, assets $480M. FYE 12/31.

AI Summary

Janus Henderson Group PLC reported its Q3 2024 results for the period ending September 30, 2024. The company's fiscal year ends on December 31st. Key financial figures include $1.50 in earnings per share and total assets valued at $480,000,000.

Why It Matters

This filing provides insight into the financial performance of Janus Henderson Group PLC, a key player in the investment management industry, impacting investors and the broader financial markets.

Risk Assessment

Risk Level: medium — As an investment management company, Janus Henderson Group PLC is subject to market volatility and regulatory changes that can significantly impact its financial performance.

Key Numbers

• $1.50 — Earnings Per Share (Reported for Q3 2024)
• $480,000,000 — Total Assets (Disclosed at fair value in Condensed Consolidated Balance Sheets)
• 158,553,373 — Shares Outstanding (As of September 30, 2024)
• 163,338,035 — Shares Outstanding (As of December 31, 2023)
• 38,478 — Number of Shares (As of September 30, 2024)

Key Players & Entities

• JANUS HENDERSON GROUP PLC (company) — Filer
• 201 BISHOPSGATE (location) — Business Address
• LONDON (location) — Business Address City
• EC2M 3AE (location) — Business Address Zip
• HENDERSON GROUP PLC (company) — Former Company Name
• HHG PLC (company) — Former Company Name

FAQ

Key Financial Figures

• $1.50 — ange on which registered Common Stock, $1.50 Per Share Par Value JHG New York St

Filing Documents

• jhg20240930_10q.htm (10-Q) — 2410KB
• ex_718200.htm (EX-31.1) — 13KB
• ex_718201.htm (EX-31.2) — 13KB
• ex_718202.htm (EX-32.1) — 6KB
• ex_718203.htm (EX-32.2) — 5KB
• jlogo.jpg (GRAPHIC) — 7KB
• 0001437749-24-032700.txt ( ) — 9053KB
• jhg-20240930.xsd (EX-101.SCH) — 68KB
• jhg-20240930_cal.xml (EX-101.CAL) — 40KB
• jhg-20240930_def.xml (EX-101.DEF) — 376KB
• jhg-20240930_lab.xml (EX-101.LAB) — 337KB
• jhg-20240930_pre.xml (EX-101.PRE) — 419KB
• jhg20240930_10q_htm.xml (XML) — 1835KB

Financial Information

PART I. Financial Information Item 1.

Financial Statements (unaudited)

Financial Statements (unaudited) 1 Condensed Consolidated Balance Sheets 1 Condensed Consolidated Statements of Comprehensive Income 2 Condensed Consolidated Statements of Cash Flows 3 Condensed Consolidated Statements of Changes in Equity 4 Notes to the Condensed Consolidated Financial Statements 6 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 17 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 29 Item 4.

Controls and Procedures

Controls and Procedures 29

Other Information

PART II. Other Information Item 1.

Legal Proceedings

Legal Proceedings 30 Item 1A.

Risk Factors

Risk Factors 30 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 30 Item 3. Defaults Upon Senior Securities 30 Item 4. Mine Safety Disclosures 30 Item 5. Other Information 30 Item 6. Exhibits 31

Signatures

Signatures 32 Table of Contents

— FINANCIAL INFORMATION

PART I — FINANCIAL INFORMATION

Financial Statements

Item 1. Financial Statements JANUS HENDERSON GROUP PLC CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (U.S. Dollars in Millions, Except Share Data) September 30, December 31, 2024 2023 ASSETS Current assets: Cash and cash equivalents $ 1,483.8 $ 1,152.4 Investments 305.0 334.2 Fees and other receivables 270.7 294.0 OEIC and unit trust receivables 152.7 94.6 Assets of consolidated VIEs: Cash and cash equivalents 21.0 15.7 Investments 713.0 382.4 Other current assets 15.0 7.8 Other current assets 174.1 174.5 Total current assets 3,135.3 2,455.6 Non-current assets: Property, equipment and software, net 38.8 44.2 Intangible assets, net 2,448.3 2,431.3 Goodwill 1,351.5 1,290.3 Retirement benefit asset, net 93.8 87.6 Other non-current assets 196.1 187.6 Total assets $ 7,263.8 $ 6,496.6 LIABILITIES Current liabilities: Accounts payable and accrued liabilities $ 262.3 $ 231.4 Current portion of accrued compensation, benefits and staff costs 285.6 297.9 Current portion of long-term debt 302.4 — OEIC and unit trust payables 158.9 98.5 Liabilities of consolidated VIEs: Accounts payable and accrued liabilities 7.2 3.2 Total current liabilities 1,016.4 631.0 Non-current liabilities: Accrued compensation, benefits and staff costs 32.7 45.0 Long-term debt 396.2 304.6 Deferred tax liabilities, net 576.3 570.8 Other non-current liabilities 115.5 89.7 Total liabilities 2,137.1 1,641.1 Commitments and contingencies (See Note 15) REDEEMABLE NONCONTROLLING INTERESTS 493.5 317.2 EQUITY Common stock, $ 1.50 par value; 480,000,000 shares authorized, and 158,553,373 and 163,338,035 shares issued and outstanding as of September 30, 2024, and December 31, 2023, respectively 237.8 245.0 Additional paid-in capital 3,694.8 3,722.3 Treasury shares, 38,478 and 41,444 shares held at September 30, 2024, and December 31, 2023, respectively ( 1.0 ) ( 1.1 ) Accumulated other c

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