CNS AR24 Digital - Book - Page 94
Common stock performance graph
The following graph compares the cumulative total shareholder
return on our common stock from December 31, 2019, through
December 31, 2024, with the cumulative total return of the Standard
& Poor’s 500 Stock Index (“S&P 500”) and the S&P U.S. BMI Asset
Management & Custody Banks Index.* The graph assumes the
investment of $100 in our common stock and in each of the two
indices on December 31, 2019, and the reinvestment of all dividends,
if any. The following information has been obtained from sources
believed to be reliable, but neither its accuracy nor its completeness
is guaranteed. The performance graph is not necessarily indicative
of future investment performance.
Total return performance
$250
Cohen & Steers, Inc.
S&P 500
S&P U.S. BMI Asset Management
& Custody Banks Index*
$200
$150
$100
$50
12/31/19
12/31/20
12/31/21
12/31/22
12/31/23
12/31/24
Source: S&P Global Market Intelligence.
Period Ending
12/31/19 12/31/20 12/31/21 12/31/22 12/31/23 12/31/24
Cohen & Steers, Inc.
100.00
123.45
159.26
114.67
139.71
175.38
S&P 500 Index
100.00
118.40
152.39
124.79
157.59
197.02
S&P U.S. BMI Asset
Management &
Custody Banks Index
100.00
115.88
171.06
128.15
168.44
232.43
* The S&P U.S. BMI Asset Management & Custody Banks Index currently
comprises the following companies:
Acadian Asset Management Inc., A昀케liated Managers Group, Inc., AlTi Global,
Inc., Ameriprise Financial, Inc., Ares Management Corporation, Artisan Partners
Asset Management Inc., BlackRock, Inc., Blackstone Inc., Blue Owl Capital Inc.,
Bridge Investment Group Holdings Inc., Cohen & Steers, Inc., Diamond Hill
Investment Group, Inc., DigitalBridge Group, Inc., Ellington Credit Company,
Federated Hermes, Inc., Franklin Resources, Inc., Galaxy Digital Holdings Ltd.,
GCM Grosvenor Inc., GQG Partners Inc., Hamilton Lane Incorporated, Invesco
Ltd., Janus Henderson Group plc, KKR & Co. Inc., Northern Trust Corporation.
P10, Inc., SEI Investments Company, Silvercrest Asset Management Group Inc.,
State Street Corporation, StepStone Group Inc., T. Rowe Price Group, Inc., The
Bank of New York Mellon Corporation, The Carlyle Group Inc., TPG Inc., Victory
Capital Holdings, Inc., Virtus Investment Partners, Inc., WisdomTree, Inc.
In accordance with the rules of the SEC, this common stock
performance graph shall not be incorporated by reference into
any future 昀椀lings by us under the Securities Exchange Act of 1934,
as amended (the “Exchange Act”), or under the Securities Act of
1933, as amended (the “Securities Act”), and shall not be deemed
to be soliciting material or to be 昀椀led under the Securities Act or the
Exchange Act.
Non-GAAP 昀椀nancial measures
The 2024 Financial Highlights include certain as adjusted 昀椀nancial
measures for the years ended December 31, 2024 and 2023. A
reconciliation of these as adjusted 昀椀nancial measures to the most
directly comparable 昀椀nancial measures, calculated and presented
in accordance with accounting principles generally accepted in the
United States, is included in Item 7. Management’s Discussion and
Analysis of Financial Condition and Results of Operations on pages
30–31 of the Form 10-K.
