Cohen & Steers (CNS) revenue breakdown

Financial Services · Asset Management · Market cap $3.6B

By product, Open-end funds is the largest at 58% of fiscal 2025 revenue, growing 7% a year over 5 years.

By region, North America is the largest at 87% of fiscal 2025 revenue, growing 6% a year over 7 years.

Revenue by product

Fiscal years, as Cohen & Steers reports them in its 10-K filings; fiscal 2025 total $556M.

Products20182019202020212022202320242025Share
Open-end funds——$234M$329M$326M$270M$288M$320M 58%
Institutional accounts——$116M$146M$134M$124M$129M$133M 24%
Closed-end funds——$78M$109M$107M$96M$100M$103M 19%
Investment advisory and administration fees$350M$379M—————— —
Distribution and service fees$29M$30M—————— —
Other$2M$2M—————— —

Revenue by region

Fiscal years, as Cohen & Steers reports them in its 10-K filings; fiscal 2025 total $556M.

Regions20182019202020212022202320242025Share
North America$323M$353M$364M$506M$496M$423M$449M$484M 87%
Japan$35M$34M$33M$38M$36M$32M$32M$31M 6%
Europe, Middle East and Africa$10M$11M$20M$26M$21M$21M$21M$23M 4%
Asia Pacific, excluding Japan$12M$13M$11M$13M$13M$13M$16M$17M 3%
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Questions

Where does Cohen & Steers make its money?

In fiscal 2025, by product: Open-end funds $320M, Institutional accounts $133M, Closed-end funds $103M.

From Cohen & Steers's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.