AMP

Ameriprise Financial
D

AMP

Arincen80/100B

Ameriprise Financial financials

Yes. Ameriprise Financial earned 4.16B USD of net income over the last twelve months, 20.7% of its revenue. It made a profit in 25 of its 26 fiscal years since 2000. Its last loss was in fiscal year 2008.

Revenue (TTM)
20.06B USD
Net income (TTM)
4.16B USD
Free cash flow (TTM)
7.38B USD
Cash and short-term investments
9.27B USD
Total debt
5.99B USD
Shareholders' equity
5.11B USD

Cash, debt and equity as of 30 Sept 2026.

Ameriprise Financial earnings

Next earnings · Q4 FY2026
EPS estimate
12.31 USD
Revenue estimate
5.21B USD
Last quarter · Q3 FY2026
EPS11.26Missed -4.3%Revenue5.08BMissed -0.5%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q3 FY202713.18——+17.09%5.30B——+4.46%
Q2 FY202712.52——+13.11%5.20B——+3.80%
Q1 FY202712.18——+8.17%5.11B——+4.56%
Q4 FY202612.31——+13.67%5.21B——+4.97%
Q3 FY202611.7711.26-4.33%+13.51%5.10B5.08B-0.46%+4.12%
Q2 FY202610.8111.07+2.41%+21.51%4.86B5.01B+3.24%+14.58%
Q1 FY202610.2111.26+10.28%+18.53%4.72B4.89B+3.60%+12.22%
Q4 FY202510.3410.83+4.74%+15.71%4.77B4.96B+3.93%+10.20%
Q3 FY20259.779.92+1.54%+12.34%4.60B4.87B+5.96%+10.85%
Q2 FY20259.009.11+1.22%+4.47%4.34B4.38B+0.75%+3.67%

Ameriprise Financial growth and profitability

Full income statement
Revenue (TTM)
20.06B USD
Net income (TTM)
4.16B USD
Gross margin
49.31%
Operating margin
28.07%
Net margin
20.74%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202518.91B+5.17%3.56B+4.76%50.38%25.54%18.84%5.04B+5.15%
FY202417.98B+11.55%3.40B+33.06%50.88%25.62%18.91%4.80B+27.49%
FY202316.12B+12.47%2.56B-18.83%51.75%22.07%15.86%3.76B-12.86%
FY202214.33B+5.86%3.15B+14.09%53.63%28.81%21.97%4.32B+18.57%
FY202113.54B+12.57%2.76B+79.92%57.83%26.68%20.38%3.64B+65.38%

How Ameriprise Financial makes its money

Revenue18.91B 100.0%
Cost of revenue9.38B 49.6%
Gross profit9.53B 50.4%
Other operating expenses4.70B 24.8%
Operating income4.83B 25.5%
Tax941.00M 5.0%
Other expense326.00M 1.7%
Net income3.56B 18.8%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Ameriprise Financial revenue breakdown

By product

FY2025
Advice and Wealth Management: 61.6%Retirement and Protection Solutions: 20.0%Asset Management: 18.3%61.6%Advice and Wealth Management20.0%Retirement and Protection Solutions18.3%Asset Management
SegmentRevenueShare of revenueChange on the year
Advice and Wealth Management12.17B61.6%+6.4%
Retirement and Protection Solutions3.96B20.0%+4.8%
Asset Management3.62B18.3%+3.0%

By region

FY2016
100.0%Non-US
RegionRevenueShare of revenueChange on the year
Non-US656.00M100.0%-36.8%

Operating and free cash flow

Full cash flow statement
Operating cash flow Free cash flow
Fiscal yearOperating cash flowFree cash flow
FY20258.32B8.16B
FY20246.60B6.42B
FY20234.69B4.50B
FY20224.41B4.23B
FY20213.33B3.21B
FY20204.62B4.48B
FY20192.34B2.20B
FY20182.60B2.44B
FY20171.70B1.54B
FY20161.97B1.88B

Ameriprise Financial financial health

Full balance sheet
Cash and short-term investments
9.27B USD
Total debt
5.99B USD
Net cash
3.28B USD
Free cash flow (TTM)
7.38B USD
Current ratio
0.25
Debt to equity
1.17
Piotroski score
6 / 9
Altman Z-score
0.03

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY202563.69B5.86B8.16B
FY202460.68B5.47B6.42B
FY202359.13B5.76B4.50B
FY202247.91B5.39B4.23B
FY202139.30B5.20B3.21B

Assets, liabilities and equity

Total assets Total liabilities Shareholders' equity
Fiscal yearTotal assetsTotal liabilitiesShareholders' equity
FY2025190.90B184.36B6.55B
FY2024181.40B176.18B5.23B
FY2023175.19B170.46B4.73B
FY2022158.85B155.05B3.80B
FY2021175.91B169.97B5.94B
FY2020165.88B160.02B5.87B
FY2019151.83B146.10B5.73B
FY2018137.22B131.63B5.59B
FY2017147.47B141.49B6.00B
FY2016139.82B133.53B6.29B

Ameriprise Financial valuation

Price to earnings ratio (TTM)
11.51
Forward P/E (FY2026)
11.24
Price to sales (TTM)
2.24
Price to book
8.80
EV / EBITDA (TTM)
7.25

Capital structure

Market capitalization
44.98B USD
+
Total debt
5.99B USD
−
Cash and short-term investments
9.27B USD
=
Enterprise value
41.70B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)8.99————
FY2027 (est.)10.048.99———
FY2026 (est.)11.2410.04———
Now (TTM)11.5110.192.248.807.25
FY202513.2910.642.467.108.38
FY202415.8113.722.9910.2910.58
FY202315.7110.522.498.4910.19
FY202211.0110.522.429.117.63
FY202112.8211.512.676.099.38

Ameriprise Financial against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Ares Management, State Street, Raymond James Financial, Northern Trust, Apollo Global Management, and Principal Financial Group, the US Asset Management companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Below its median11.5
    8.221.7
  • Gross marginLowest in 5 years50.4%
    50.4%57.8%
    Against its peers: 6 of 7Peers' median 68.1%
  • Operating marginBelow its median25.5%
    22.1%28.8%
    Against its peers: 4 of 7Peers' median 21.1%
  • Net marginBelow its median18.8%
    15.9%22.0%
    Against its peers: 1 of 7Peers' median 11.5%
  • Return on equityAt its median54.4%
    46.5%82.8%
    Against its peers: 1 of 6Peers' median 12.3%
  • Free cash flow marginHighest in 5 years43.2%
    23.7%43.2%
    Against its peers: 2 of 7Peers' median 25.8%
  • Revenue growthLowest in 5 years5.2%
    5.2%12.6%
    Against its peers: 4 of 7Peers' median 6.6%
  • EPS growthBelow its median10.0%
    -14.4%88.5%
    Against its peers: 3 of 7Peers' median -7.9%
  • Debt to EBITDABelow its median1.16×
    1.14×1.53×
    Against its peers: 2 of 7Peers' median 3.82×
  • Current ratioHighest in 5 years25.84
    16.9725.84
    Against its peers: 1 of 6Peers' median 0.78

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Ameriprise Financial dividends

Annual dividend
6.80 USD
Dividend yield (indicated)
1.31%
Payout ratio
14.88%
Years of dividend growth
20
Frequency
Quarterly
Next payment
1.70 USD
Last ex-dividend date
9 Nov 2026
Next payment date
27 Nov 2026

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share6.285.795.304.884.434.093.813.533.242.92

Ameriprise Financial ownership

Institutions
84.98%
Institutional holders
1,419 (+8)
Free float
99.57%

Who owns the shares

Institutions 85.0% Others 15.0%
As of 30 Jun 2026

Shares free to trade

Free float 86.44M shares ·99.6% Closely held 376.80K shares ·0.4%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q4 20260040.850.00
Q3 2026011106.06K223.99K
Q2 2026025.36K11.11K
Q1 2026011161.85K116.69K

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY202594.80M96.30M-6.41%
FY2024101.00M102.90M-4.55%
FY2023105.70M107.80M-5.19%
FY2022111.30M113.70M-5.25%
FY2021119.98M120.00M-4.53%

Common questions about Ameriprise Financial's financials

Source: Financial Modeling Prep