CNS AR24 Digital - Book - Page 66
COHEN & STEERS, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data)
Years Ended December 31,
2024
2023
2022
Revenue:
Investment advisory and administration fees . . . . . . . . . . . . . . . . . . . . . . . $
Distribution and service fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total revenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Expenses:
487,059
28,142
2,216
517,417
Employee compensation and benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Distribution and service fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
General and administrative . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Depreciation and amortization . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
217,980
57,137
60,135
9,288
344,540
172,877
200,181
54,170
66,704
4,105
325,160
164,477
208,831
82,928
54,826
4,383
350,968
215,938
19,344
16,582
738
36,664
209,541
46,749
162,792
(11,527)
151,265 $
14,618
4,291
(3,135)
15,774
180,251
43,642
136,609
(7,560)
129,049 $
6,818
(25,106)
(753)
(19,041)
196,897
47,411
149,486
21,556
171,042
Basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $
Weighted average shares outstanding:
3.00
2.97
2.62
2.60
3.51
3.47
Basic . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Diluted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
50,409
49,308
48,781
50,938
49,553
49,297
Total expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Operating income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Non-operating income (loss):
Interest and dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Gain (loss) from investments4net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Foreign currency gain (loss)4net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total non-operating income (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . .
Income before provision for income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Provision for income taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Net (income) loss attributable to noncontrolling interests . . . . . . . . . . . . . . . .
Net income attributable to common stockholders . . . . . . . . . . . . . . . . . . . . . . . $
$
459,411
28,200
2,026
489,637
$
529,311
35,093
2,502
566,906
Earnings per share attributable to common stockholders:
See notes to consolidated financial statements
F-6
$
$
$
$
