AMERIPRISE FINANCIAL INC AMP
Ameriprise Financial, Inc. is a diversified financial services company with a more than 130-year history of providing solutions to help clients confidently achieve their financial objectives. Ameriprise Financial, Inc. is a holding company incorporated in Delaware that primarily engages in business through its subsidiaries. Accordingly, references to "Ameriprise," "Ameriprise Financial," the "Company," "we," "us," and "our" may refer to Ameriprise Financial, Inc. exclusively, to our entire family of companies, or to one or more of our subsidiaries.
We are a long-standing leader in financial planning and advice offering a broad range of products and services designed to assist individual and institutional clients achieve their financial objectives. Our strategy is centered on helping clients confidently achieve their goals by providing holistic advice and by managing and protecting their assets and income. We carry out our strategy through two primary go-to-market approaches: Wealth Management and Asset Management.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.91B | $17.93B | $16.10B | $14.33B | $13.39B | $11.96B | $13.10B | $12.92B | $12.18B | $11.84B |
| SG&A | $3.88B | $3.90B | $3.87B | $3.72B | $3.44B | $3.12B | $3.29B | $3.17B | $3.16B | $3.08B |
| Total operating expenses | $13.98B | $13.00B | $12.30B | $10.33B | $9.19B | $10.07B | $10.73B | $10.35B | $9.92B | $10.21B |
| Pre-tax income | $4.50B | $4.27B | $3.23B | $3.93B | $4.18B | $1.83B | $2.23B | $2.48B | $2.21B | $1.59B |
| Income tax | $941.0M | $866.0M | $678.0M | $782.0M | $768.0M | $297.0M | $339.0M | $386.0M | $734.0M | $278.0M |
| Net income | $3.56B | $3.40B | $2.56B | $3.15B | $3.42B | $1.53B | $1.89B | $2.10B | $1.48B | $1.31B |
| EPS, basic | 36.85 | 33.67 | 24.18 | 28.29 | 29.13 | 12.39 | 14.12 | 14.41 | 9.60 | 7.90 |
| EPS, diluted | 36.28 | 33.05 | 23.71 | 27.70 | 28.48 | 12.20 | 13.92 | 14.20 | 9.44 | 7.81 |
| Shares, diluted (wtd. avg.) | $98.2M | $102.9M | $107.8M | $113.7M | $120.0M | $125.7M | $136.0M | $147.7M | $156.7M | $168.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $11.16B | $9.49B | $8.62B | $8.76B | $9.57B | $8.90B | $6.21B | $5.88B | $5.14B | $5.54B |
| Property, plant and equipment | $744.0M | $733.0M | $681.0M | $630.0M | $590.0M | $602.0M | $610.0M | $635.0M | $626.0M | $607.0M |
| Goodwill | $1.44B | $1.40B | $1.41B | $1.39B | $1.46B | $1.18B | $1.17B | $1.16B | $1.18B | $1.10B |
| Other intangibles | $356.0M | $262.0M | $298.0M | $192.0M | $193.0M | $108.0M | $113.0M | $116.0M | $138.0M | $108.0M |
| Total assets | $190.90B | $181.40B | $175.19B | $158.85B | $177.74B | $165.88B | $151.83B | $137.22B | $147.48B | $139.82B |
| Total liabilities | $184.35B | $176.18B | $170.46B | $155.05B | $172.90B | $160.02B | $146.10B | $131.63B | $141.49B | $133.53B |
| Retained earnings | $27.66B | $24.71B | $21.91B | $19.92B | $17.32B | $15.29B | $14.28B | $12.91B | $11.33B | $10.35B |
| Total equity | $6.55B | $5.23B | $4.73B | $3.80B | $4.84B | $6.13B | $5.91B | $5.59B | $6.00B | $6.29B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $8.32B | $6.59B | $4.68B | $4.41B | $3.33B | $4.62B | $2.34B | $2.60B | $1.52B | $2.33B |
| Depreciation and amortisation | $151.0M | $142.0M | $151.0M | $142.0M | $144.0M | $153.0M | $147.0M | $198.0M | $234.0M | $248.0M |
| Stock-based compensation | $206.0M | $193.0M | $187.0M | $170.0M | $152.0M | $146.0M | $135.0M | $144.0M | $121.0M | $134.0M |
| Capital expenditure | $162.0M | $176.0M | $184.0M | $182.0M | $120.0M | $147.0M | $143.0M | $162.0M | $162.0M | $92.0M |
| Investing cash flow | -$1.53B | -$551.0M | -$9.26B | -$13.58B | -$4.38B | -$2.89B | -$3.23B | -$587.0M | -$171.0M | -$783.0M |
| Financing cash flow | -$5.16B | -$5.17B | $4.41B | $8.43B | $1.72B | $952.0M | $1.21B | -$1.26B | -$1.78B | -$1.14B |
| Dividends paid | $596.0M | $574.0M | $550.0M | $534.0M | $511.0M | $497.0M | $504.0M | $506.0M | $491.0M | $479.0M |
| Buybacks | $2.91B | $2.45B | $2.13B | $1.98B | $2.03B | $1.44B | $1.94B | $1.63B | $1.49B | $1.71B |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000820027-26-000016.
Others in SIC 6282
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| BX | Blackstone Inc. | $102.20B | 35.2x | 9.2% |
| KKR | KKR & Co. Inc. | $96.70B | — | -11.0% |
| APO | Apollo Global Management, Inc. | $78.94B | 24.1x | 22.7% |
| TROW | PRICE T ROWE GROUP INC | $23.42B | 11.9x | 3.1% |
| BEN | FRANKLIN TEMPLETON INC | $17.65B | 38.2x | 3.5% |
| CG | Carlyle Group Inc. | $16.74B | 21.5x | -11.9% |
| IVZ | Invesco Ltd. | $14.60B | — | 5.1% |
| EVR | Evercore Inc. | $11.51B | 21.2x | 29.5% |