Ameriprise Financial (AMP) financial statements
Ameriprise Financial reported revenue of $18.9B in fiscal 2025, up 5.3% a year over 9 years.
Net income was $3.6B and the operating margin 26.1%, against 13.8% in 2016.
Free cash flow was $8.2B, and the company returned $596M in dividends and $2.9B in net buybacks.
The diluted share count fell 42% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Ameriprise Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.8B | $12.2B | $12.9B | $13.1B | $12.0B | $13.4B | $14.3B | $16.1B | $17.9B | $18.9B |
| Selling, general and admin | $3.1B | $3.2B | $3.2B | $3.3B | $3.1B | $3.4B | $3.7B | $3.9B | $3.9B | $3.9B |
| Operating income | $1.6B | $2.3B | $2.6B | $2.4B | $1.9B | $4.2B | $4.0B | $3.8B | $4.9B | $4.9B |
| Pre-tax income | $1.6B | $2.2B | $2.5B | $2.2B | $1.8B | $4.2B | $3.9B | $3.2B | $4.3B | $4.5B |
| Income tax | $278M | $734M | $386M | $339M | $297M | $768M | $782M | $678M | $866M | $941M |
| Net income | $1.3B | $1.5B | $2.1B | $1.9B | $1.5B | $3.4B | $3.1B | $2.6B | $3.4B | $3.6B |
| EPS (diluted) | $7.81 | $9.44 | $14.20 | $13.92 | $12.20 | $28.48 | $27.70 | $23.71 | $33.05 | $36.28 |
| Diluted shares | 168M | 157M | 148M | 136M | 126M | 120M | 114M | 108M | 103M | 98M |
| Operating margin | 13.8% | 18.6% | 19.9% | 18.1% | 15.8% | 31.3% | 28.0% | 23.6% | 27.5% | 26.1% |
| Net margin | 11.1% | 12.2% | 16.2% | 14.4% | 12.8% | 25.5% | 22.0% | 15.9% | 19.0% | 18.8% |
Balance sheet
Fiscal years, from Ameriprise Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $2.3B | $5.1B | $5.9B | $6.2B | $8.9B | $9.6B | $8.8B | $8.6B | $9.5B | $11.2B |
| Property, plant and equipment | $607M | $626M | $635M | $610M | $602M | $590M | $630M | $681M | $733M | $744M |
| Goodwill | $1.1B | $1.2B | $1.2B | $1.2B | $1.2B | $1.5B | $1.4B | $1.4B | $1.4B | $1.4B |
| Total assets | $139.8B | $147.5B | $137.2B | $151.8B | $165.9B | $177.7B | $158.9B | $175.2B | $181.4B | $190.9B |
| Long-term debt | — | — | — | $0 | $0 | $0 | $0 | — | — | — |
| Total liabilities | $133.5B | $141.5B | $131.6B | $146.1B | $160.0B | $172.9B | $155.0B | $170.5B | $176.2B | $184.4B |
| Shareholders' equity | $6.3B | $6.0B | $5.6B | $5.9B | $6.1B | $4.8B | $3.8B | $4.7B | $5.2B | $6.5B |
| Net debt | -$2.3B | -$5.1B | -$5.9B | -$6.2B | -$8.9B | -$9.6B | -$8.8B | -$8.6B | -$9.5B | -$11.2B |
Cash flow
Fiscal years, from Ameriprise Financial's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.3B | $1.5B | $2.6B | $2.3B | $4.6B | $3.3B | $4.4B | $4.7B | $6.6B | $8.3B |
| Capital spending | $92M | $162M | $162M | $143M | $147M | $120M | $182M | $184M | $176M | $162M |
| Free cash flow | $2.2B | $1.4B | $2.4B | $2.2B | $4.5B | $3.2B | $4.2B | $4.5B | $6.4B | $8.2B |
| Stock-based compensation | $134M | $121M | $144M | $135M | $146M | $152M | $170M | $187M | $193M | $206M |
| Dividends paid | $479M | $491M | $506M | $504M | $497M | $511M | $534M | $550M | $574M | $596M |
| Share buybacks (net) | -$1.7B | -$1.5B | -$1.6B | -$1.9B | -$1.4B | -$2.0B | -$2.0B | -$2.1B | -$2.4B | -$2.9B |
| Net borrowing | -$258M | -$11M | -$13M | -$313M | -$762M | -$9M | -$510M | -$760M | -$561M | -$510M |
| Free cash flow margin | 18.9% | 11.2% | 18.8% | 16.8% | 37.4% | 23.9% | 29.5% | 28.0% | 35.8% | 43.2% |
| Dividends per share | $2.85 | $3.13 | $3.43 | $3.71 | $3.95 | $4.26 | $4.70 | $5.10 | $5.58 | $6.07 |
Questions
What was Ameriprise Financial's revenue in 2025?
$18.9B in fiscal 2025, from its 10-K filing.
How much free cash flow does Ameriprise Financial generate?
$8.2B in fiscal 2025 (operating cash flow minus capital spending).
From Ameriprise Financial's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.