— Know what they know.
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Not Investment Advice

AMP

NYSE · USD
Ameriprise Financial, Inc.
Financial Services · Asset Management
CEO James Michael Cracchiolo Employees 13,600 R&D / revenue 0.0%
Last price
$500.80−0.35%last session
Market cap
$44.2B
P/E (TTM)
11.9x
From 52w high
−12.5%
From 52w low
+18.6%
1-year return
+7.4%
RSI 14 · vs SMA200
42.9 · +1.6%
IS score
47.7/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

AMP   SPY   XLF (sector ETF) · weekly closes
100110120Jan 26Apr 26Jul 26Oct 26SPY 116AMP 107XLF 107

Score DNA

Each bar is a 0-100 score within the scored universe
71
Profitability
68
Growth
76
Value
71
Momentum
15
Risk (safety)
64
Quality
59
Balance sheet
59
Earnings quality

Flags

Strengths
✓ Net cash✓ FCF yield 5%+
Warnings
None of the computed warning flags fires for AMP (Altman, Beneish, accruals, FCF, dilution).
Observations
Moat model: Weak, Cost AdvantagePiotroski 5 / 9Beta 1.132 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
13 open-market sales, $29.7M
Form 144 notices (12m): 13, $65.9M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
0
No disclosed purchases
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+9
114 new holders, 93 closed
1,390 filers hold 86.3% · 462 added, 535 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+30
1,019 funds adding shares
989 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
48.4%
20-day avg 60.3%, 50-day avg 59.1%
Latest 11.9 pp under its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$18.9B
Revenue growth YoY+5.5%
Gross margin50.4%
Operating income$4.8B
Operating margin25.5%
Net income$3.6B
Net margin18.8%
EPS (diluted)$36.36
Cash flow
Operating cash flow$2.9B
Capital expenditure$0
Free cash flow$2.9B
FCF conversion (FCF / OCF)100.0%
Stock-based compensation$206.0M
FCF less SBC$2.7B
Buybacks$2.1B
Dividends$3.0B
Balance sheet & returns
Cash & short-term investments$10.1B
Total debt$5.9B
Net cash$4.2B
Shareholders' equity$6.5B
Goodwill & intangibles$2.6B
Debt / equity1.03
ROE (TTM)61.7%
ROIC (TTM)2.2%
Operating margin by fiscal year
31.1%FY202136.5%FY202234.9%FY202336.0%FY202430.5%FY2025
Revenue $13.4B (FY2021) to $18.9B (FY2025), a 9.0% CAGR.

Valuation

P/E (TTM)11.9x
EV / EBITDA7.4x
Price / sales2.23x
Price / FCF5.5x
FCF yield18.23%
Buyback yield4.81%
SBC / revenue1.0%
Price / book7.22x
Forward P/E FY202610.8x
Forward P/E FY20279.7x
Forward P/E FY20288.7x
Forward multiples divide today's price by Street EPS estimates. Street mean target $552.75 across 4 analysts last quarter is theirs, not ours.

AMP vs industry median

908 companies in Asset Management
Gross margin 50.2% 84.6% Operating margin 27.1% 34.7% Net margin 19.9% 18.2% ROIC 2.2% 6.4%
AMP (TTM)Industry median Asset turnover 0.10 vs industry 0.11 · financial leverage 31.08

Earnings delivery

Next report 2026-10-29 · consensus EPS $11.77
83%
beat rate, 10 of 12 quarters
+2.3%
median EPS surprise
7
longest beat streak
-8+1+2+2-1+3+5+1+2+5+10+2
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-10-25 to 2026-07-23. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
AMP Ameriprise Financial, Inc. $44.2B11.9x61.7%19.9%+5.5% +7.4%
STT State Street Corporation $45.5B13.3x12.4%18.0%+2.2% +46.7%
ARES Ares Management Corporation $36.9B49.0x15.0%10.5%+45.4% −20.0%
NTRS Northern Trust Corporation $30.3B14.1x17.1%18.8%+3.1% +33.7%
RJF Raymond James Financial, Inc $30.1B13.4x18.5%13.6%+9.1% −0.7%
APO Apollo Global Management, In $65.4B24.0x14.3%12.1%+34.6% —
BAM Brookfield Asset Management $72.4B26.4x10.1%52.9%+26.5% —
KKR KKR & Co. Inc. $77.4B25.7x10.6%12.4%+30.7% —
12-month window: SPY +15.9%, sector ETF XLF +7.2%. Past returns describe history only.

Recent 8-K filings

2026-07-23Earnings Release; Exhibits
2026-06-09Other Events; Exhibits
2026-05-20Officer/Director Change; Regulation FD; Exhibits
2026-04-30Shareholder Vote; Exhibits
2026-04-23Earnings Release; Exhibits
2026-02-12Departure/Election of Directors; Appointment of Officers

Context

Shares outstanding88,333,222
Free float99.6%
Institutional ownership86.3%
Beta1.13
Dividend yield1.32%
Last dividend$1.70 on 2026-08-03
50 / 200-day average$534.73 / $493.26
Large-cap Financial Services median P/E14.0x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Weak).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where AMP sits among 110 scored companies in Asset Management (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureAMPIndustry medianIndustry percentileSector median
P/E (TTM) 11.2x 13.3x
41st		 11.9x
PEG (P/E ÷ 3-yr EPS CAGR) 0.74 0.88
36th		 1.04
Price / sales 2.2x 3.9x
24th		 2.5x
Price / book 6.9x 1.4x
85th		 1.3x
Price / tangible book 11.3x 1.4x
88th		 1.6x
Price / free cash flow 15.8x 10.3x
67th		 11.8x
Price / operating cash flow 15.9x 10.2x
73rd		 11.7x
Enterprise value $40.5B $3.4B
87th		 $3.4B
EV / sales 2.0x 6.7x
14th		 6.0x
EV / EBITDA 7.4x 12.2x
20th		 13.0x
EV / EBIT 7.5x 14.4x
21st		 15.5x
EV / free cash flow 14.5x 11.6x
58th		 15.9x
Earnings yield 8.9% 5.7%
69th		 7.9%
FCF yield 6.3% 8.3%
45th		 6.3%
Operating cash flow yield 6.3% 8.6%
38th		 7.8%
Graham number (per share) $255.97 $27.85
93rd		 $50.71

Profitability (TTM)

MeasureAMPIndustry medianIndustry percentileSector median
Gross margin 50.2% 71.8%
11th		 71.9%
EBITDA margin 27.8% 39.3%
31st		 37.9%
Operating margin 27.1% 30.2%
36th		 23.3%
EBIT margin 27.1% 32.7%
36th		 23.3%
Net margin 19.9% 15.3%
55th		 18.7%
NOPAT margin 21.2% 23.0%
42nd		 18.7%
FCF margin 14.1% 24.3%
34th		 23.3%
Operating cash flow margin 14.1% 29.1%
29th		 26.7%
R&D / revenue 0.0% 0.0%
0th		 0.0%
SG&A / revenue 0.0% 9.8%
0th		 20.1%
Stock comp / revenue 1.0% 0.0%
67th		 0.7%
Effective tax rate 21.9% 19.9%
76th		 21.0%

Returns on capital

MeasureAMPIndustry medianIndustry percentileSector median
ROE (on average equity) 63.4% 11.2%
97th		 11.9%
ROA 2.1% 2.3%
46th		 1.4%
ROIC 158.7% 5.5%
100th		 7.8%
ROCE 2.8% 4.9%
30th		 5.8%
Return on tangible assets 2.8% 4.7%
32nd		 2.0%
Cash ROIC (OCF / invested capital) 105.2% 10.0%
99th		 11.4%
Gross profitability (GP / assets) 5.0% 8.8%
26th		 10.3%
ROIC, 3-yr average 336.4% 5.6%
100th		 7.1%
ROIC, 5-yr average -34.8% 6.0%
0th		 7.3%
ROE, 5-yr average 64.8% 11.2%
99th		 10.7%
Incremental ROIC 207.9% 12.9%
96th		 8.4%

Growth

MeasureAMPIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 9.0% 15.4%
38th		 7.1%
Revenue growth (QoQ) 2.6% 6.6%
39th		 2.8%
Revenue CAGR, 3 yr 9.6% 13.1%
38th		 10.8%
Revenue CAGR, 5 yr 8.8% 5.8%
59th		 11.3%
Gross profit CAGR, 3 yr 3.7% 20.6%
13th		 18.0%
Operating income CAGR, 3 yr 1.2% 12.7%
23rd		 8.8%
Net income growth (TTM YoY) 22.4% 17.8%
53rd		 24.7%
Net income CAGR, 3 yr 9.4% 9.1%
52nd		 9.4%
EPS growth (TTM YoY) 30.2% 14.5%
59th		 25.1%
EPS CAGR, 3 yr 15.2% 5.5%
61st		 7.3%
EPS CAGR, 5 yr 37.1% -5.9%
98th		 4.2%
FCF growth (TTM YoY) -58.3% 18.5%
11th		 15.9%
FCF CAGR, 3 yr -11.4% 8.1%
21st		 8.5%
Operating cash flow CAGR, 3 yr -12.8% 6.6%
20th		 8.4%
Book value CAGR, 3 yr 22.1% 3.6%
84th		 8.9%
Dividend CAGR, 3 yr 82.1% -1.2%
99th		 1.9%
Sustainable growth rate 14.8% 3.5%
78th		 8.3%

Margin history & stability

MeasureAMPIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 55.0% 63.7%
27th		 63.4%
Operating margin, 3-yr average 32.7% 33.3%
46th		 21.4%
Net margin, 3-yr average 18.6% 26.3%
41st		 16.5%
FCF margin, 3-yr average 28.9% 28.9%
51st		 28.2%
Revenue stability (0-1) 0.99 0.58
95th		 0.86
Earnings stability (0-1) 0.65 0.40
75th		 0.37
Margin stability (0-1) 0.85 0.80
59th		 0.81

Liquidity (latest quarter)

MeasureAMPIndustry medianIndustry percentileSector median
Cash & short-term investments $10.2B $142.5M
88th		 $145.5M
Net cash (− = net debt) $3.7B −$692.3M
93rd		 −$676.0M
Working capital $23.2B $90.6M
94th		 $86.3M
Current ratio 8.48 1.16
87th		 1.19
Quick ratio 8.48 1.16
87th		 1.19
Cash ratio (cash + ST investments / current liabilities) 3.31 0.62
76th		 0.55
Defensive interval (days) 2,092 days 365 days
90th		 417 days

Leverage & solvency (latest quarter)

MeasureAMPIndustry medianIndustry percentileSector median
Total debt $6.5B $1.3B
81st		 $1.2B
Debt / equity 1.03 0.99
55th		 0.81
Net debt / equity −0.58 0.84
7th		 0.66
Debt / assets 3.3% 37.6%
14th		 33.5%
Debt / capital 50.6% 49.7%
55th		 44.6%
Debt / EBITDA 1.19 4.80
21st		 3.20
Net debt / EBITDA −0.68 3.41
15th		 2.19
Interest coverage (EBIT / interest) 16.4x 2.6x
84th		 2.9x
Cash interest coverage 8.5x 3.1x
73rd		 3.7x
Debt payback (years of OCF) 2.3 yrs 3.5 yrs
32nd		 3.7 yrs
Liabilities / assets 96.8% 55.3%
98th		 86.2%
IS credit model rating A- — —
Implied credit spread (bps) 175 475
21st		 175

Efficiency

MeasureAMPIndustry medianIndustry percentileSector median
Asset turnover 0.10 0.12
45th		 0.15
Fixed asset turnover —
Inventory turnover —
Receivables turnover 1.3 8.4
5th		 8.2
Days sales outstanding 282 days 37 days
96th		 43 days
Days inventory outstanding —
Days payables outstanding 99 days 49 days
68th		 39 days
Cash conversion cycle (days) 183 days −8 days
98th		 0 days
Capex / revenue —
Capex / depreciation —
Operating expense ratio 14.2% 43.6%
21st		 38.9%

Cash flow & earnings quality

MeasureAMPIndustry medianIndustry percentileSector median
Operating cash flow / net income 0.71 1.20
32nd		 1.28
FCF / net income 0.71 0.99
40th		 1.15
FCF / operating cash flow —
Capex / operating cash flow —
Accruals ratio 0.6% -1.4%
70th		 -2.0%
Sloan accruals ratio -19.8% -0.3%
5th		 -0.6%
Earnings quality score (0-1) 0.50 0.75
30th		 0.75

Dividends & buybacks

MeasureAMPIndustry medianIndustry percentileSector median
Dividend yield 1.3% 6.6%
15th		 2.3%
Dividend per share (TTM) $6.60 $1.49
98th		 $1.03
Payout ratio (dividends / net income) 76.7% 67.8%
52nd		 30.0%
Dividends / FCF 108.3% 52.7%
67th		 49.0%
Dividend growth (YoY) 450.7% 6.9%
99th		 6.4%
Buyback yield 5.6% 1.0%
80th		 1.7%
Shareholder yield (dividends + buybacks) 12.4% 10.3%
60th		 5.2%
Share count change (YoY) -6.0% 0.0%
16th		 -0.3%
Buybacks, last 5 years $12.1B $40.9M
100th		 $85.3M

Scores & forensic checks

MeasureAMPIndustry medianIndustry percentileSector median
IS score 48 45
54th		 53
IS profitability 71 60
67th		 59
IS growth 68 53
71st		 57
IS value 76 66
62nd		 77
IS momentum 71 59
62nd		 76
IS risk (safety) 15 15
6th		 65
IS quality 64 64
50th		 71
IS balance sheet 59 42
75th		 51
IS earnings quality 59 68
43rd		 74
IS cash flow 43 69
28th		 71
Piotroski F-score (0-9) 5 6
30th		 6
Altman Z-score —
Beneish M-score —
Ohlson O-score −6.36 −7.13
79th		 −6.00
IS credit score 65 41
75th		 68

Per share

MeasureAMPIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $42.50 $1.19
100th		 $3.36
Book value per share $68.53 $16.24
91st		 $28.13
Tangible book per share $40.96 $13.69
89th		 $21.49
Revenue per share $213.36 $4.23
100th		 $17.62
FCF per share $30.10 $1.85
95th		 $1.99
Operating cash flow per share $30.01 $2.62
95th		 $2.45
Cash per share $110.31 $1.06
95th		 $1.75

Size (TTM)

MeasureAMPIndustry medianIndustry percentileSector median
Market cap $44.2B $3.1B
90th		 $2.5B
Revenue $19.8B $703.1M
91st		 $1.0B
EBITDA $5.5B $205.6M
91st		 $269.3M
Net income $3.9B $151.7M
97th		 $168.0M
Free cash flow $2.8B $219.5M
94th		 $160.0M
Total assets $197.9B $2.9B
88th		 $8.5B
Shareholders' equity $6.4B $1.2B
77th		 $1.5B
Employees 13,600 1,700
86th		 1,392

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-08-10Melloh Heather J.
EVP AND GENERAL COUNSEL
 Option exercise 722$197.87$142,8624,406
2026-08-10Melloh Heather J.
EVP AND GENERAL COUNSEL
 Tax withholding 469$559.62$262,4593,937
2026-08-10Melloh Heather J.
EVP AND GENERAL COUNSEL
 Option exercise 722$197.87$142,8620
2026-08-10Brockman Dawn M.
SVP AND CONTROLLER
 Open-market sale 472$558.93$263,815713
2026-08-06Mcgraw Deirdre Davey
EVP Mktg, Strat. & Comms.
 Option exercise 1,000$165.41$165,4105,964
2026-08-06Mcgraw Deirdre Davey
EVP Mktg, Strat. & Comms.
 Option exercise 1,000$197.87$197,8706,964
2026-08-06Mcgraw Deirdre Davey
EVP Mktg, Strat. & Comms.
 Option exercise 1,000$298.09$298,0907,964
2026-08-06Mcgraw Deirdre Davey
EVP Mktg, Strat. & Comms.
 Tax withholding 2,191$558.08$1.2M5,773
2026-08-06Mcgraw Deirdre Davey
EVP Mktg, Strat. & Comms.
 Open-market sale 2,400$558.28$1.3M3,373
2026-08-06Mcgraw Deirdre Davey
EVP Mktg, Strat. & Comms.
 Option exercise 1,000$165.41$165,4101,034
2026-08-06Mcgraw Deirdre Davey
EVP Mktg, Strat. & Comms.
 Option exercise 1,000$197.87$197,8701,015
2026-08-06Mcgraw Deirdre Davey
EVP Mktg, Strat. & Comms.
 Option exercise 1,000$298.09$298,0902,143

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
AprMayJunJulAug

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired93,173—
Open-market saleDisposed1355,463$29.7M
Option exerciseAcquired14108,247$18.6M
Option exerciseDisposed14108,247$18.6M
Tax withholdingDisposed1171,391$38.9M
—Disposed2785,883$20.8M
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 13 notices · 122,434 shares · $65.9M
FiledFilerShares proposedEst. proceeds
2026-08-10Dawn M. Brockman472$263,815
2026-08-06Deirdre Mcgraw2,400$1.3M
2026-07-28James M. Cracchiolo18,020$9.8M
2026-07-28Walter Stanley Berman11,012$6.0M
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 5 trades (0 purchases) · Senate 0 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-04-15Richard W. AllenHouseSale$50,001 - $100,0002026-06-08
2026-04-15Rick AllenHouseSale (Full)$50,001 - $100,0002026-06-08
2026-04-14Rick W. AllenHouseSale (Full)$50,001 - $100,0002026-06-08
2026-04-08Lizzie FletcherHouseSale$1,001 - $15,0002026-05-01
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.7,935,137$3.6B8.98%
VANGUARD CAPITAL MANAGEMENT LLC5,900,661$2.7B6.68%
VANGUARD PORTFOLIO MANAGEMENT LLC5,176,700$2.4B5.86%
STATE STREET CORP4,672,743$2.1B5.29%
GEODE CAPITAL MANAGEMENT, LLC2,756,276$1.3B3.12%
Aristotle Capital Management, LLC2,083,285$955.8M2.36%
GOLDMAN SACHS GROUP INC1,643,021$753.8M1.86%
Nuveen, LLC1,446,796$663.7M1.64%
NORGES BANK1,290,282$591.9M1.46%
FMR LLC1,157,398$531.0M1.31%
MORGAN STANLEY1,134,106$520.3M1.28%
DIMENSIONAL FUND ADVISORS LP1,076,218$493.6M1.22%
FIRST TRUST ADVISORS LP1,075,144$493.2M1.22%
JPMORGAN CHASE & CO1,049,651$469.0M1.19%
FEDERATED HERMES, INC.1,013,123$464.8M1.15%

Institutional ownership by quarter

2023-092026-0686.3%
% of shares held by 13F filers
2023-092026-061,390
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-301,39086.3%11446253593
2026-03-311,38185.5%123478503131
2025-12-311,41487.0%17944750886
2025-09-301,35086.6%122439480110
2025-06-301,35888.0%11946950299
2025-03-311,36190.8%113493484113
2024-12-311,38490.4%21142649257
2024-09-301,25790.1%10942545580
2024-06-301,24391.2%10147741477
2024-03-311,23891.5%15342341157
2023-12-311,15791.9%16933743670
2023-09-301,07892.5%9034739062

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-05-12SCHEDULE 13GSTATE STREET CORPORATION5.1%4,595,792
2026-04-28SCHEDULE 13GVanguard Portfolio Management5.8%5,276,992
2026-03-26SCHEDULE 13G/AThe Vanguard Group0.0%0
2025-11-04SCHEDULE 13G/AJPMORGAN CHASE & CO.4.1%3,866,962
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.06%$1.4B
VSMPX0.06%$1.4B
VTI0.06%$1.4B
VTSAX0.06%$1.4B
VFFSX0.07%$1.1B
VFIAX0.07%$1.1B

Share structure

Shares outstanding88,333,222
Float87,956,919
Free float99.6%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$13.4B$14.3B$16.1B$17.9B$18.9B
Cost of revenue$5.1B$5.4B$6.7B$7.6B$9.4B
Gross profit$8.3B$8.9B$9.4B$10.4B$9.5B
R&D$0$0$0$0$0
SG&A$3.4B$3.7B$3.8B$3.9B$0
Operating income$4.9B$5.2B$5.6B$6.5B$4.8B
EBITDA$5.0B$5.3B$4.4B$4.6B$5.0B
Pretax income$4.2B$3.9B$3.2B$4.3B$4.5B
Income tax$768.0M$782.0M$678.0M$866.0M$941.0M
Net income$3.4B$3.1B$2.6B$3.4B$3.6B
EPS, diluted$28.48$27.70$23.71$33.05$36.36
Diluted shares120.0M113.7M107.8M102.9M96.3M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$39.3B$47.9B$59.1B$60.7B$10.1B
Receivables$16.2B$15.6B$15.1B$14.5B$14.9B
Inventory$0$0$0$0$0
Total current assets$55.5B$63.5B$74.2B$75.2B$25.1B
PP&E, net$0$0$0$0$0
Goodwill & intangibles$0$0$0$2.6B$2.6B
Total assets$175.9B$158.9B$175.2B$181.4B$190.9B
Accounts payable$0$0$0$2.7B$0
Total current liabilities$200.0M$1.5B$751.0M$701.0M$3.2B
Long-term debt$5.0B$3.9B$5.0B$4.8B$5.7B
Total liabilities$170.0B$155.0B$170.5B$176.2B$184.4B
Shareholders' equity$5.9B$3.8B$4.7B$5.2B$6.5B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income$2.8B$2.6B$2.6B$3.4B$2.6B
Depreciation & amortization$98.0M−$40.0M−$154.0M−$159.0M−$93.0M
Stock-based compensation$152.0M$170.0M$249.0M$193.0M$206.0M
Change in working capital$970.0M$1.6B$2.0B$3.0B$0
Operating cash flow$3.3B$4.4B$4.7B$6.6B$2.9B
Capital expenditure−$120.0M−$182.0M−$184.0M−$176.0M$0
Free cash flow$3.2B$4.2B$4.5B$6.4B$2.9B
Investing cash flow−$4.4B−$13.6B−$9.3B−$551.0M−$650.0M
Net debt issued / repaid$609.0M$322.0M$300.0M−$292.0M$0
Buybacks−$2.0B−$2.0B−$2.1B−$2.4B−$2.1B
Dividends paid−$511.0M−$534.0M−$550.0M−$574.0M−$3.0B

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin56.4%62.1%58.5%57.8%54.3%
Operating margin31.1%36.5%34.9%36.0%30.5%
Net margin20.5%22.0%15.9%19.0%18.9%
FCF margin23.8%29.5%28.0%35.8%15.3%
ROE46.7%64.6%59.9%68.3%60.5%
ROIC-12.2%-10.8%-9.1%-10.3%197.8%
ROA1.6%1.9%1.5%1.9%1.9%
Debt / equity0.871.421.221.050.90
Interest coverage21.9x26.4x17.3x19.6x17.7x
Current ratio277.6042.3298.84107.247.87
Revenue growth+8.1%+6.6%+12.3%+11.4%+5.4%
EPS growth+87.0%+20.4%−14.5%+39.0%+10.1%
P/E at year end12.1x10.6x15.3x15.6x13.3x
EV / EBITDA at year endn/mn/m——16.3x
FCF yield at year end9.59%12.71%11.51%12.07%6.13%
Dividend payout18.5%17.0%21.5%16.9%84.9%

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Advice and Wealth Management$8.0B$8.5B$10.0B$11.4B$12.2B
Retirement and Protection Solutions$3.2B$3.1B$3.5B$3.8B$4.0B
Asset Management Segment$3.7B$3.5B$3.3B$3.5B$3.6B

Street estimates by fiscal year

Next report 2026-10-29 · consensus EPS $11.77 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$20.0B$19.9B – $20.2B$46.45$46.20 – $46.75810.8x
2027$21.0B$20.4B – $22.0B$51.58$50.95 – $52.3989.7x
2028$22.1B$21.7B – $22.4B$57.31$55.99 – $59.5748.7x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-07-23$10.81$11.07+2.4%$4.9B$5.0B+3.0%
2026-04-23$10.21$11.26+10.3%$4.7B$4.9B+3.6%
2026-01-29$10.34$10.83+4.7%$4.8B$5.0B+3.9%
2025-10-30$9.77$9.92+1.5%$4.6B$4.9B+6.0%
2025-07-24$9.00$9.11+1.2%$4.3B$4.4B+0.8%
2025-04-24$9.08$9.50+4.6%$4.4B$4.4B−1.5%
2025-01-29$9.05$9.36+3.4%$4.5B$4.5B+0.3%
2024-10-23$8.93$8.83−1.1%$4.3B$4.4B+2.0%
2024-07-24$8.53$8.72+2.2%$4.2B$4.2B−0.5%
2024-04-22$8.20$8.39+2.3%$4.2B$4.1B−0.1%
2024-01-24$7.67$7.75+1.0%$3.9B$4.0B+2.0%
2023-10-25$7.56$6.96−7.9%$3.9B$3.9B+1.3%
2023-07-26$7.38$7.44+0.8%$3.9B$3.9B+0.4%
2023-04-24$7.13$7.25+1.7%$3.8B$3.7B−1.9%
2023-01-25$6.35$6.94+9.3%$3.5B$3.6B+4.5%
2022-10-25$5.82$6.43+10.5%$3.3B$3.5B+4.9%
2022-07-26$5.56$5.81+4.5%$3.4B$3.5B+2.2%
2022-04-25$5.86$5.98+2.0%$3.6B$3.6B+0.7%
2022-01-26$5.70$6.15+7.9%$3.7B$3.8B+1.1%
2021-10-26$5.46$5.91+8.2%$3.5B$2.9B−16.8%
2021-07-26$5.21$5.27+1.2%$3.5B$3.4B−2.0%
2021-04-26$4.73$5.43+14.8%$3.2B$3.4B+4.1%
2021-01-27$4.44$4.53+2.0%$3.1B$3.2B+2.9%
2020-10-28$1.35$1.47+8.9%$3.0B$3.0B−0.3%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.306-150.506-220.406-290.607-060.407-130.507-200.407-270.308-030.208-100.308-170.208-240.308-31
Week ofNotionalSharesTrades
2026-08-31$301.0M541,27532,400
2026-08-24$209.3M374,74728,452
2026-08-17$281.5M502,13830,261
2026-08-10$242.4M430,15128,980
2026-08-03$280.5M505,76138,141
2026-07-27$389.1M716,61341,319

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1548.4%
DateShort shareShort volumeTotal volume
2026-10-1548.4%87,830181,282
2026-10-1453.9%90,857168,609
2026-10-1359.4%65,144109,673
2026-10-1251.9%51,83199,910
2026-10-0962.8%103,122164,114
2026-10-0867.5%128,481190,414
2026-10-0765.3%113,008173,078
2026-10-0655.0%124,390226,177
2026-10-0544.2%100,262226,674
2026-10-0245.8%84,879185,369
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+0.7Jan-1.1Feb+0.4Mar+1.9Apr+1.7May-1.6Jun+3.5Jul+0.9Aug+1.4Sep+1.5Oct+4.9Nov+3.1Dec
MonthAvg returnUp yearsYears
Jan+0.7%60%20
Feb−1.1%55%20
Mar+0.4%48%21
Apr+1.9%45%20
May+1.7%55%20
Jun−1.6%45%20
Jul+3.5%65%20
Aug+0.9%65%20
Sep+1.4%55%20
Oct+1.5%65%20
Nov+4.9%80%20
Dec+3.1%65%20
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1442.9
MFI55.1
ADX41.5
Stochastic %K / %D68.1 / 62.4
Williams %R-37.1
CCI29
TSI / signal-24.4 / -26.8
Chaikin money flow-0.01
ATR$12.06
Bollinger width8.1%
Volume vs 20-day avg0.56x
SupertrendDown

Moving averages and bands

level (price vs level)
SMA 20$498.72 (+0.4%)
SMA 50$533.54 (−6.1%)
SMA 200$492.93 (+1.6%)
EMA 21$505.94 (−1.0%)
EMA 50$517.15 (−3.2%)
EMA 200$502.01 (−0.2%)
Bollinger upper$519.02 (−3.5%)
Bollinger lower$478.43 (+4.7%)
Parabolic SAR$477.91 (+4.8%)
Open the live chart, 110+ indicators

About Ameriprise Financial, Inc.

Ameriprise Financial, Inc. is a holding company, which engages in providing financial planning, asset management, and insurance services to individuals, businesses, and institutions. It operates through the following business segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment consists of financial planning and advice, as well as full-service brokerage services for retail clients through financial advisors. The Asset Management segment offers investment management, advice, and products to retail, high net worth, and institutional clients through Columbia Threadneedle. The Retirement & Protection Solutions segment refers to RiverSource solutions, which includes clients annuities, life insurance, and disability income insurance products. The Corporate & Other segment handles closed blocks of business and net investment income or loss on corporate level assets, including excess capital held in subsidiaries. The company was founded by John Tappan in 1894 and is headquartered in Minneapolis, MN.

https://www.ameriprise.com

Key executives

NameTitlePayBorn
James CracchioloChairman & Chief Executive Officer$9.6M1959
Walter S. BermanExecutive Vice President, Chief Financial Officer & Chief Risk Officer$4.1M1943
William F. TruscottCEO of Columbia Threadneedle, Interim Global Chief Investment Officer & CEO of Global Asset Mgmt$4.0M1960
Dawn BrockmanSenior VP, Corporate Controller & Principal Accounting Officer—1973
Gerard SmythExecutive VP and Head of Technology, Service & Operations—1962
Heather MellohExecutive Vice President & General Counsel—1972
Kelli Ann Hunter PetruzilloExecutive Vice President of Human Resources—1961
Mark BurtonFinancial Advisor & Managing Director——

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
James M. Cracchiolo Chairman and Chief Executive Officer2024$1.2M$4.6M$8.5M$28.1M
Walter S. Berman Executive Vice President, Chief Financial Officer2024$675,000$1.2M$3.3M$9.5M
William F. Truscott Chief Executive Officer, Global Asset Management2024$675,000$978,750$3.0M$8.0M
Joseph E. Sweeney President, Advice & Wealth Management Products and Service Delivery2024$644,233$695,250$2.4M$6.1M
William Davies Executive Vice President Global Chief Investment Officer2024$813,735$237,667$2.3M$4.4M

Employees

14k201812k201912k202012k202114k202214k202314k202414k2025

Dividends

Ex-dateAmountPaid
2026-08-03$1.72026-08-21
2026-05-04$1.72026-05-22
2026-02-09$1.62026-02-27
2025-11-10$1.62025-11-24
2025-08-04$1.62025-08-18
2025-05-05$1.62025-05-19
2025-02-10$1.482025-02-28
2024-11-04$1.482024-11-15

Moat model

Weak · Cost Advantage · 2026-06-30
Cost advantage59
Intangibles18
Switching costs56
Network effect27
Efficient scale42
Our component scores (0-100) and overall 40.7; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms