COHEN & STEERS INC

For the period ended Dec 31, 2023. Filed Feb 23, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 23, 2024

CNS$75.07+2.6%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(in thousands, except per share data)

	Years Ended December 31,
	2023	2022	2021
Revenue:
Investment advisory and administration fees	$459,411	$529,311	$543,544
Distribution and service fees	28,200	35,093	37,630
Other	2,026	2,502	2,658
Total revenue	489,637	566,906	583,832
Expenses:
Employee compensation and benefits	200,181	208,831	195,443
Distribution and service fees	54,170	82,928	75,891
General and administrative	66,704	54,826	48,034
Depreciation and amortization	4,105	4,383	4,092
Total expenses	325,160	350,968	323,460
Operating income	164,477	215,938	260,372
Non-operating income (loss):
Interest and dividend income—net	14,618	6,818	2,877
Gain (loss) from investments—net	4,291	(25,106)	18,784
Foreign currency gain (loss)—net	(3,135)	(753)	(89)
Total non-operating income (loss)	15,774	(19,041)	21,572
Income before provision for income taxes	180,251	196,897	281,944
Provision for income taxes	43,642	47,411	55,790
Net income	136,609	149,486	226,154
Net (income) loss attributable to noncontrolling interests	(7,560)	21,556	(14,758)
Net income attributable to common stockholders	$129,049	$171,042	$211,396
Earnings per share attributable to common stockholders:
Basic	$2.62	$3.51	$4.38
Diluted	$2.60	$3.47	$4.31
Weighted average shares outstanding:
Basic	49,308	48,781	48,316
Diluted	49,553	49,297	49,090

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.