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JHG vs BEN vs IVZ vs TROW
Revenue, margins, valuation, and 5-year total return — side by side.
Asset Management
Asset Management
Asset Management
JHG vs BEN vs IVZ vs TROW — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Asset Management | Asset Management | Asset Management | Asset Management |
| Market Cap | $7.72B | $15.86B | $11.92B | $22.54B |
| Revenue (TTM) | $3.10B | $8.77B | $6.38B | $7.31B |
| Net Income (TTM) | $798M | $812M | $-243M | $2.09B |
| Gross Margin | 71.8% | 80.3% | 43.2% | 62.7% |
| Operating Margin | 31.5% | 6.9% | -10.9% | 29.9% |
| Forward P/E | 12.0x | 11.2x | 10.4x | 11.2x |
| Total Debt | $396M | $13.30B | $10.12B | $860M |
| Cash & Equiv. | $1.25B | $3.57B | $1.98B | $3.38B |
JHG vs BEN vs IVZ vs TROW — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Janus Henderson Gro… (JHG) | 100 | 239.7 | +139.7% |
| Franklin Resources,… (BEN) | 100 | 161.8 | +61.8% |
| Invesco Ltd. (IVZ) | 100 | 336.6 | +236.6% |
| T. Rowe Price Group… (TROW) | 100 | 85.7 | -14.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: JHG vs BEN vs IVZ vs TROW
Each card shows where this stock fits in a portfolio — not just who wins on paper.
JHG is the #2 pick in this set and the best alternative if growth exposure and long-term compounding is your priority.
- Rev growth 25.2%, EPS growth 104.3%
- 198.0% 10Y total return vs TROW's 93.6%
- Lower volatility, beta 0.92, Low D/E 6.5%, current ratio 53.82x
- 25.2% NII/revenue growth vs TROW's 3.1%
BEN lags the leaders in this set but could rank higher in a more targeted comparison.
IVZ is the clearest fit if your priority is value and momentum.
- Lower P/E (10.4x vs 11.2x)
- +93.1% vs TROW's +18.9%
TROW carries the broadest edge in this set and is the clearest fit for income & stability and defensive.
- Dividend streak 3 yrs, beta 1.18, yield 4.9%
- Beta 1.18, yield 4.9%, current ratio 73.08x
- Efficiency ratio 0.3% vs BEN's 0.7% (lower = leaner)
- 4.9% yield, 3-year raise streak, vs BEN's 4.3%, (1 stock pays no dividend)
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 25.2% NII/revenue growth vs TROW's 3.1% | |
| Value | Lower P/E (10.4x vs 11.2x) | |
| Quality / Margins | Efficiency ratio 0.3% vs BEN's 0.7% (lower = leaner) | |
| Stability / Safety | Beta 0.92 vs IVZ's 1.67, lower leverage | |
| Dividends | 4.9% yield, 3-year raise streak, vs BEN's 4.3%, (1 stock pays no dividend) | |
| Momentum (1Y) | +93.1% vs TROW's +18.9% | |
| Efficiency (ROA) | Efficiency ratio 0.3% vs BEN's 0.7% |
JHG vs BEN vs IVZ vs TROW — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
JHG vs BEN vs IVZ vs TROW — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
JHG leads in 2 of 6 categories
IVZ leads 1 • TROW leads 1 • BEN leads 0 • 2 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
JHG leads this category, winning 2 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
BEN is the larger business by revenue, generating $8.8B annually — 2.8x JHG's $3.1B. TROW is the more profitable business, keeping 28.5% of every revenue dollar as net income compared to IVZ's -4.4%.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $3.1B | $8.8B | $6.4B | $7.3B |
| EBITDAEarnings before interest/tax | $1.0B | $1.2B | $1.2B | $2.7B |
| Net IncomeAfter-tax profit | $798M | $812M | -$243M | $2.1B |
| Free Cash FlowCash after capex | $390M | $938M | $1.9B | $2.3B |
| Gross MarginGross profit ÷ Revenue | +71.8% | +80.3% | +43.2% | +62.7% |
| Operating MarginEBIT ÷ Revenue | +31.5% | +6.9% | -10.9% | +29.9% |
| Net MarginNet income ÷ Revenue | +25.8% | +6.0% | -4.4% | +28.5% |
| FCF MarginFCF ÷ Revenue | — | +10.4% | +22.6% | +20.2% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | — | — | — |
| EPS Growth (YoY)Latest quarter vs prior year | +2.4% | +100.0% | +34.2% | +3.7% |
Valuation Metrics
IVZ leads this category, winning 4 of 6 comparable metrics.
Valuation Metrics
At 9.9x trailing earnings, JHG trades at a 71% valuation discount to BEN's 33.5x P/E. On an enterprise value basis, JHG's 6.8x EV/EBITDA is more attractive than BEN's 22.5x.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $7.7B | $15.9B | $11.9B | $22.5B |
| Enterprise ValueMkt cap + debt − cash | $6.9B | $25.6B | $20.1B | $20.0B |
| Trailing P/EPrice ÷ TTM EPS | 9.88x | 33.54x | -16.77x | 11.20x |
| Forward P/EPrice ÷ next-FY EPS est. | 12.02x | 11.21x | 10.44x | 11.22x |
| PEG RatioP/E ÷ EPS growth rate | 0.20x | — | — | — |
| EV / EBITDAEnterprise value multiple | 6.77x | 22.53x | 16.34x | 7.64x |
| Price / SalesMarket cap ÷ Revenue | 2.49x | 1.81x | 1.87x | 3.08x |
| Price / BookPrice ÷ Book value/share | 1.29x | 1.11x | 0.94x | 1.92x |
| Price / FCFMarket cap ÷ FCF | — | 17.40x | 8.27x | 15.24x |
Profitability & Efficiency
TROW leads this category, winning 5 of 9 comparable metrics.
Profitability & Efficiency
TROW delivers a 17.6% return on equity — every $100 of shareholder capital generates $18 in annual profit, vs $-2 for IVZ. JHG carries lower financial leverage with a 0.06x debt-to-equity ratio, signaling a more conservative balance sheet compared to BEN's 0.94x. On the Piotroski fundamental quality scale (0–9), JHG scores 8/9 vs TROW's 4/9, reflecting strong financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +13.0% | +5.6% | -1.7% | +17.6% |
| ROA (TTM)Return on assets | +9.6% | +2.5% | -0.9% | +14.4% |
| ROICReturn on invested capital | +12.1% | +1.6% | -2.3% | +13.3% |
| ROCEReturn on capital employed | +13.5% | +2.0% | -2.6% | +15.9% |
| Piotroski ScoreFundamental quality 0–9 | 8 | 6 | 6 | 4 |
| Debt / EquityFinancial leverage | 0.06x | 0.94x | 0.78x | 0.07x |
| Net DebtTotal debt minus cash | -$858M | $9.7B | $8.1B | -$2.5B |
| Cash & Equiv.Liquid assets | $1.3B | $3.6B | $2.0B | $3.4B |
| Total DebtShort + long-term debt | $396M | $13.3B | $10.1B | $860M |
| Interest CoverageEBIT ÷ Interest expense | 34.34x | 15.19x | -6.19x | — |
Total Returns (Dividends Reinvested)
JHG leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in JHG five years ago would be worth $15,645 today (with dividends reinvested), compared to $6,915 for TROW. Over the past 12 months, IVZ leads with a +93.1% total return vs TROW's +18.9%. The 3-year compound annual growth rate (CAGR) favors JHG at 28.0% vs TROW's 3.7% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +8.2% | +29.6% | +0.4% | +0.2% |
| 1-Year ReturnPast 12 months | +48.7% | +55.5% | +93.1% | +18.9% |
| 3-Year ReturnCumulative with dividends | +109.6% | +35.3% | +79.8% | +11.5% |
| 5-Year ReturnCumulative with dividends | +56.4% | +7.4% | +8.2% | -30.9% |
| 10-Year ReturnCumulative with dividends | +198.0% | +23.5% | +22.1% | +93.6% |
| CAGR (3Y)Annualised 3-year return | +28.0% | +10.6% | +21.6% | +3.7% |
Risk & Volatility
Evenly matched — JHG and BEN each lead in 1 of 2 comparable metrics.
Risk & Volatility
JHG is the less volatile stock with a 0.92 beta — it tends to amplify market swings less than IVZ's 1.67 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. BEN currently trades 97.1% from its 52-week high vs TROW's 87.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.92x | 1.31x | 1.67x | 1.18x |
| 52-Week HighHighest price in past year | $53.76 | $31.44 | $29.61 | $118.22 |
| 52-Week LowLowest price in past year | $35.33 | $20.08 | $14.10 | $85.51 |
| % of 52W HighCurrent price vs 52-week peak | +96.1% | +97.1% | +90.6% | +87.6% |
| RSI (14)Momentum oscillator 0–100 | 60.6 | 78.4 | 69.4 | 78.2 |
| Avg Volume (50D)Average daily shares traded | 2.9M | 5.1M | 5.1M | 2.3M |
Analyst Outlook
Evenly matched — BEN and TROW each lead in 1 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: JHG as "Hold", BEN as "Hold", IVZ as "Hold", TROW as "Hold". Consensus price targets imply 10.8% upside for IVZ (target: $30) vs -6.2% for JHG (target: $49). For income investors, TROW offers the higher dividend yield at 4.93% vs IVZ's 3.10%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold | Hold | Hold |
| Price TargetConsensus 12-month target | $48.50 | $28.75 | $29.72 | $101.20 |
| # AnalystsCovering analysts | 14 | 27 | 28 | 38 |
| Dividend YieldAnnual dividend ÷ price | — | +4.3% | +3.1% | +4.9% |
| Dividend StreakConsecutive years of raises | 0 | 6 | 4 | 3 |
| Dividend / ShareAnnual DPS | — | $1.33 | $0.83 | $5.11 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.5% | +15.6% | +2.8% |
JHG leads in 2 of 6 categories (Income & Cash Flow, Total Returns). IVZ leads in 1 (Valuation Metrics). 2 tied.
JHG vs BEN vs IVZ vs TROW: Key Questions Answered
10 questions · data-driven answers · updated daily
01Is JHG or BEN or IVZ or TROW a better buy right now?
For growth investors, Janus Henderson Group plc (JHG) is the stronger pick with 25.
2% revenue growth year-over-year, versus 3. 1% for T. Rowe Price Group, Inc. (TROW). Janus Henderson Group plc (JHG) offers the better valuation at 9. 9x trailing P/E (12. 0x forward), making it the more compelling value choice. Analysts rate Janus Henderson Group plc (JHG) a "Hold" — based on 14 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — JHG or BEN or IVZ or TROW?
On trailing P/E, Janus Henderson Group plc (JHG) is the cheapest at 9.
9x versus Franklin Resources, Inc. at 33. 5x. On forward P/E, Invesco Ltd. is actually cheaper at 10. 4x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — JHG or BEN or IVZ or TROW?
Over the past 5 years, Janus Henderson Group plc (JHG) delivered a total return of +56.
4%, compared to -30. 9% for T. Rowe Price Group, Inc. (TROW). Over 10 years, the gap is even starker: JHG returned +198. 0% versus IVZ's +22. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — JHG or BEN or IVZ or TROW?
By beta (market sensitivity over 5 years), Janus Henderson Group plc (JHG) is the lower-risk stock at 0.
92β versus Invesco Ltd. 's 1. 67β — meaning IVZ is approximately 82% more volatile than JHG relative to the S&P 500. On balance sheet safety, Janus Henderson Group plc (JHG) carries a lower debt/equity ratio of 6% versus 94% for Franklin Resources, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — JHG or BEN or IVZ or TROW?
By revenue growth (latest reported year), Janus Henderson Group plc (JHG) is pulling ahead at 25.
2% versus 3. 1% for T. Rowe Price Group, Inc. (TROW). On earnings-per-share growth, the picture is similar: Janus Henderson Group plc grew EPS 104. 3% year-over-year, compared to -235. 6% for Invesco Ltd.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — JHG or BEN or IVZ or TROW?
T.
Rowe Price Group, Inc. (TROW) is the more profitable company, earning 28. 5% net margin versus -4. 4% for Invesco Ltd. — meaning it keeps 28. 5% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: JHG leads at 31. 5% versus -10. 9% for IVZ. At the gross margin level — before operating expenses — BEN leads at 80. 3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is JHG or BEN or IVZ or TROW more undervalued right now?
On forward earnings alone, Invesco Ltd.
(IVZ) trades at 10. 4x forward P/E versus 12. 0x for Janus Henderson Group plc — 1. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for IVZ: 10. 8% to $29. 72.
08Which pays a better dividend — JHG or BEN or IVZ or TROW?
In this comparison, TROW (4.
9% yield), BEN (4. 3% yield), IVZ (3. 1% yield) pay a dividend. JHG does not pay a meaningful dividend and should not be held primarily for income.
09Is JHG or BEN or IVZ or TROW better for a retirement portfolio?
For long-horizon retirement investors, T.
Rowe Price Group, Inc. (TROW) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 1. 18), 4. 9% yield). Invesco Ltd. (IVZ) carries a higher beta of 1. 67 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (TROW: +93. 6%, IVZ: +22. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between JHG and BEN and IVZ and TROW?
Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: JHG is a small-cap high-growth stock; BEN is a mid-cap income-oriented stock; IVZ is a mid-cap income-oriented stock; TROW is a mid-cap deep-value stock. BEN, IVZ, TROW pay a dividend while JHG does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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