Janus Henderson Group PLC (HDJA) - Net Assets
Based on the latest financial reports, Janus Henderson Group PLC (HDJA) has net assets worth €6.12 Billion EUR (≈ $7.15 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€8.29 Billion ≈ $9.69 Billion USD) and total liabilities (€2.17 Billion ≈ $2.53 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Janus Henderson Group PLC (HDJA) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €6.12 Billion |
| % of Total Assets | 73.85% |
| Annual Growth Rate | 18.44% |
| 5-Year Change | 26.8% |
| 10-Year Change | N/A |
| Growth Volatility | 82.66 |
Janus Henderson Group PLC - Net Assets Trend (2016–2025)
This chart illustrates how Janus Henderson Group PLC's net assets have evolved over time, based on quarterly financial data. See Janus Henderson Group PLC defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Janus Henderson Group PLC (2016–2025)
The table below shows the annual net assets of Janus Henderson Group PLC from 2016 to 2025. For live valuation and market cap data, see how much is Janus Henderson Group PLC worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €6.12 Billion ≈ $7.15 Billion |
+20.40% |
| 2024-12-31 | €5.08 Billion ≈ $5.94 Billion |
+4.69% |
| 2023-12-31 | €4.86 Billion ≈ $5.68 Billion |
+5.63% |
| 2022-12-31 | €4.60 Billion ≈ $5.37 Billion |
-4.77% |
| 2021-12-31 | €4.83 Billion ≈ $5.64 Billion |
+1.57% |
| 2020-12-31 | €4.75 Billion ≈ $5.56 Billion |
-3.14% |
| 2019-12-31 | €4.91 Billion ≈ $5.74 Billion |
+0.93% |
| 2018-12-31 | €4.86 Billion ≈ $5.68 Billion |
-0.30% |
| 2017-12-31 | €4.88 Billion ≈ $5.70 Billion |
+265.25% |
| 2016-12-31 | €1.33 Billion ≈ $1.56 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Janus Henderson Group PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 95.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.50 Billion | 29.33% |
| Other Components | €3.61 Billion | 70.67% |
| Total Equity | €5.11 Billion | 100.00% |
Janus Henderson Group PLC Competitors by Market Cap
The table below lists competitors of Janus Henderson Group PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Halyk Bank of Kazakhstan Joint Stock Company
IL:HSBK
|
$6.48 Billion |
|
Neway Valve suzhou Co Ltd
SHG:603699
|
$6.48 Billion |
|
Technip Energies BV
PA:TE
|
$6.48 Billion |
|
OceanaGold Corporation
TO:OGC
|
$6.48 Billion |
|
JAPAN AIRL.ADR 1/2 YN 50
F:JALA
|
$6.47 Billion |
|
XP Inc
F:XP9
|
$6.45 Billion |
|
GDS HLDGS LTD DL-00005
F:G401
|
$6.45 Billion |
|
MSC Industrial Direct Company Inc
NYSE:MSM
|
$6.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Janus Henderson Group PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,591,500,000 to 5,108,400,000, a change of 516,900,000 (11.3%).
- Net income of 815,900,000 contributed positively to equity growth.
- Dividend payments of 249,200,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €815.90 Million | +15.97% |
| Dividends Paid | €249.20 Million | -4.88% |
| Other Changes | €-49.80 Million | -0.97% |
| Total Change | €- | 11.26% |
Book Value vs Market Value Analysis
This analysis compares Janus Henderson Group PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.29x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.74x to 1.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €24.64 | €42.80 | x |
| 2018-12-31 | €25.22 | €42.80 | x |
| 2019-12-31 | €26.64 | €42.80 | x |
| 2020-12-31 | €26.72 | €42.80 | x |
| 2021-12-31 | €27.59 | €42.80 | x |
| 2022-12-31 | €26.32 | €42.80 | x |
| 2023-12-31 | €27.78 | €42.80 | x |
| 2024-12-31 | €29.04 | €42.80 | x |
| 2025-12-31 | €33.16 | €42.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Janus Henderson Group PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 15.97%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.34%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.62x
- Recent ROE (15.97%) is above the historical average (10.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 10.29% | 14.85% | 0.46x | 1.52x | €3.84 Million |
| 2017 | 13.55% | 37.59% | 0.24x | 1.50x | €171.77 Million |
| 2018 | 10.82% | 22.71% | 0.33x | 1.43x | €39.87 Million |
| 2019 | 8.75% | 19.50% | 0.29x | 1.56x | €-61.05 Million |
| 2020 | 3.40% | 7.03% | 0.34x | 1.41x | €-313.60 Million |
| 2021 | 13.34% | 22.48% | 0.41x | 1.44x | €155.78 Million |
| 2022 | 8.54% | 16.90% | 0.35x | 1.43x | €-63.58 Million |
| 2023 | 8.64% | 18.65% | 0.32x | 1.43x | €-61.81 Million |
| 2024 | 8.91% | 16.53% | 0.36x | 1.52x | €-50.25 Million |
| 2025 | 15.97% | 26.34% | 0.37x | 1.62x | €305.06 Million |
Industry Comparison
This section compares Janus Henderson Group PLC's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $22,457,818,576
- Average return on equity (ROE) among peers: -1483.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Janus Henderson Group PLC (HDJA) | €6.12 Billion | 10.29% | 0.35x | $6.47 Billion |
| China Cinda Asset Management Co., Ltd. (0CI) | $223.66 Billion | 1.59% | 6.70x | $1.74 Billion |
| Quinsam Capital Corporation (0Q4) | $14.57 Million | -106.45% | 0.02x | $2.01 Million |
| tokentus investment AG (14D) | $11.34 Million | -20.03% | 0.03x | $7.55 Million |
| TEAM PLC (1WQ) | $8.75 Million | -36.92% | 0.60x | $18.21 Million |
| CARLSON INV. ZY 13 (2HB) | $27.21 Million | 0.09% | 0.04x | $4.84 Million |
| JTC PLC LS-01 (2N9) | $400.22 Million | 8.67% | 0.69x | $2.55 Billion |
| Rostra AG (3330) | $4.00K | -14688.58% | 53.94x | $8.82 Million |
| HELIOS FAIRFAX PARTNERS (3UD) | $415.94 Million | -14.13% | 0.05x | $78.45 Million |
| ALEXANDRIA PANKKIIRILIIKE (3ZL) | $34.31 Million | 23.48% | 0.31x | $109.68 Million |
| HAMILTON GLB.OPP.LS-0001 (5DS) | $8.86 Million | -3.21% | 0.04x | $25.26 Million |
About Janus Henderson Group PLC
Janus Henderson Group plc is an asset management holding entity. Through its subsidiaries, the firm provides services to institutional, retail clients, and high net worth clients. It manages separate client-focused equity and fixed income portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients. It specializes in growth capital, middle market & buyout inve… Read more