NYSE : AMP
Ameriprise Financial, Inc. — Financial statements
Financials · Asset Management · United States
Last price 490.83 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 42.70B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Ameriprise Financial, Inc. (AMP) reported revenue of 20.14B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 16.00B | 14.81B | 13.76B | 12.38B | 12.37B | 11.32B |
| Other Revenue | 4.13B | 4.10B | 4.16B | 3.72B | 1.97B | 2.06B |
| Revenue | 20.14B | 18.91B | 17.93B | 16.10B | 14.33B | 13.39B |
| Cost of Revenue | 9.14B | 8.29B | 7.57B | 6.67B | 5.43B | 5.13B |
| Gross Profit | 10.99B | 10.62B | 10.36B | 9.42B | 8.90B | 8.26B |
| Selling, General & Admin | 3.96B | 3.88B | 3.90B | 3.81B | 3.67B | 3.40B |
| Operating Expenses | 3.96B | 3.88B | 3.90B | 3.81B | 3.67B | 3.40B |
| Operating Income | 7.03B | 6.75B | 6.46B | 5.61B | 5.23B | 4.86B |
| Interest Expense | -1.13B | -1.23B | -1.61B | -1.54B | -939.00M | -803.00M |
| Other Non Operating Income (Expenses) | -599.00M | -1.01B | -584.00M | -778.00M | -312.00M | 165.00M |
| EBT Excluding Unusual Items | 5.30B | 4.50B | 4.27B | 3.30B | 3.98B | 4.22B |
| Merger & Restructuring Charges | -62.00M | -50.00M | -32.00M | |||
| Pretax Income | 5.30B | 4.50B | 4.27B | 3.23B | 3.93B | 4.18B |
| Income Tax Expense | 1.14B | 941.00M | 866.00M | 678.00M | 782.00M | 768.00M |
| Earnings From Continuing Operations | 4.16B | 3.56B | 3.40B | 2.56B | 3.15B | 3.42B |
| Net Income | 4.16B | 3.56B | 3.40B | 2.56B | 3.15B | 3.42B |
| Net Income to Common | 4.16B | 3.56B | 3.40B | 2.56B | 3.15B | 3.42B |
| Shares Outstanding (Basic) | 92.50M | 96.70M | 101.00M | 105.70M | 111.30M | 117.30M |
| Shares Outstanding (Diluted) | 93.70M | 98.20M | 102.90M | 107.80M | 113.70M | 120.00M |
| EPS (Basic) | 44.99 | 36.85 | 33.67 | 24.18 | 28.29 | 29.13 |
| EPS (Diluted) | 44.42 | 36.28 | 33.05 | 23.71 | 27.70 | 28.48 |
| Free Cash Flow | 7.33B | 8.16B | 6.42B | 4.50B | 4.22B | 3.21B |
| Free Cash Flow Per Share | 78.26 | 83.11 | 62.38 | 41.75 | 37.16 | 26.71 |
| Dividend Per Share | 6.60 | 6.28 | 5.79 | 5.30 | 4.88 | 4.43 |
| Gross Margin | 54.60% | 56.18% | 57.80% | 58.54% | 62.12% | 61.68% |
| Operating Margin | 34.92% | 35.69% | 36.03% | 34.87% | 36.50% | 36.26% |
| Profit Margin | 20.67% | 18.84% | 18.97% | 15.88% | 21.97% | 25.52% |
| Free Cash Flow Margin | 36.42% | 43.16% | 35.81% | 27.96% | 29.48% | 23.94% |
| EBITDA | 5.33B | 4.95B | ||||
| EBITDA Margin | 37.18% | 36.99% | ||||
| D&A For EBITDA | 98.00M | 98.00M | ||||
| EBIT | 7.03B | 6.75B | 6.46B | 5.61B | 5.23B | 4.86B |
| EBIT Margin | 34.92% | 35.69% | 36.03% | 34.87% | 36.50% | 36.26% |
| Effective Tax Rate | 21.55% | 20.89% | 20.29% | 20.96% | 19.89% | 18.35% |
| Revenue as Reported | 20.14B | 18.91B | 17.93B | 16.10B | 14.33B | 13.39B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 9.17B | 9.95B | 8.15B | 7.48B | 6.96B | 7.13B |
| Trading Asset Securities | 197.00M | 143.00M | 180.00M | 185.00M | 267.00M | 1.25B |
| Cash & Short-Term Investments | 9.37B | 10.10B | 8.33B | 7.66B | 7.23B | 8.38B |
| Receivables | 15.68B | 14.92B | 14.47B | 15.08B | 15.60B | 16.20B |
| Restricted Cash | 793.00M | 1.05B | 967.00M | 1.06B | 1.66B | 2.79B |
| Other Current Assets | 15.31B | 13.16B | 9.46B | 5.17B | 2.91B | 4.46B |
| Total Current Assets | 41.15B | 39.23B | 33.23B | 28.97B | 27.39B | 31.84B |
| Property, Plant & Equipment | 967.00M | 987.00M | 958.00M | 926.00M | 919.00M | |
| Long-Term Investments | 56.03B | 56.71B | 54.92B | 53.99B | 42.82B | 32.71B |
| Goodwill | 1.44B | 1.40B | 1.41B | 1.39B | 1.46B | |
| Other Intangible Assets | 1.16B | 1.17B | 1.21B | 1.10B | 1.11B | |
| Long-Term Deferred Tax Assets | 920.00M | 1.33B | 1.43B | 1.65B | 1.02B | |
| Long-Term Deferred Charges | 2.85B | 2.77B | 2.82B | 2.85B | 2.91B | 3.10B |
| Other Long-Term Assets | 91.32B | 87.71B | 85.54B | 84.38B | 80.67B | 103.76B |
| Total Assets | 191.35B | 190.90B | 181.40B | 175.19B | 158.85B | 175.91B |
| Accounts Payable | 3.09B | 2.98B | 2.70B | 2.60B | 2.24B | 2.53B |
| Accrued Expenses | 5.00M | |||||
| Short-Term Debt | 200.00M | 200.00M | 201.00M | 201.00M | 201.00M | 200.00M |
| Current Portion of Long-Term Debt | 384.00M | 719.00M | 824.00M | 855.00M | 1.10B | 968.00M |
| Current Portion of Leases | 68.00M | 9.00M | ||||
| Current Unearned Revenue | 182.00M | 187.00M | 181.00M | |||
| Other Current Liabilities | 14.43B | 12.98B | 8.89B | 5.51B | 3.05B | 6.62B |
| Total Current Liabilities | 18.29B | 17.13B | 12.81B | 9.17B | 6.59B | 10.32B |
| Long-Term Debt | 3.32B | 2.58B | 2.33B | 2.83B | 2.04B | 2.29B |
| Long-Term Leases | 208.00M | 313.00M | 345.00M | 347.00M | 381.00M | |
| Long-Term Unearned Revenue | 12.00M | 168.00M | 160.00M | 157.00M | ||
| Other Long-Term Liabilities | 164.62B | 164.44B | 160.72B | 157.95B | 145.91B | 156.82B |
| Total Liabilities | 186.24B | 184.35B | 176.18B | 170.46B | 155.05B | 169.97B |
| Common Stock | 3.00M | 3.00M | 3.00M | 3.00M | 3.00M | 3.00M |
| Additional Paid-In Capital | 10.59B | 10.38B | 10.14B | 9.82B | 9.52B | 9.22B |
| Retained Earnings | 30.35B | 27.66B | 24.71B | 21.91B | 19.92B | 17.52B |
| Treasury Stock | -33.19B | -30.60B | -27.72B | -25.24B | -23.09B | -21.07B |
| Comprehensive Income & Other | -2.64B | -892.00M | -1.91B | -1.77B | -2.55B | 259.00M |
| Total Common Equity | 5.11B | 6.55B | 5.23B | 4.73B | 3.80B | 5.94B |
| Shareholders' Equity | 5.11B | 6.55B | 5.23B | 4.73B | 3.80B | 5.94B |
| Total Liabilities & Equity | 191.35B | 190.90B | 181.40B | 175.19B | 158.85B | 175.91B |
| Total Debt | 3.91B | 3.77B | 3.68B | 4.23B | 3.69B | 3.84B |
| Net Cash (Debt) | 5.46B | 6.32B | 4.65B | 3.43B | 3.54B | 4.54B |
| Net Cash Per Share | 58.28 | 64.40 | 45.18 | 31.84 | 31.11 | 37.82 |
| Filing Date Shares Outstanding | 86.81M | 91.18M | 96.12M | 100.29M | 105.28M | 110.75M |
| Total Common Shares Outstanding | 86.98M | 91.26M | 96.17M | 100.17M | 105.28M | 110.86M |
| Working Capital | 22.86B | 22.10B | 20.42B | 19.80B | 20.80B | 21.52B |
| Book Value Per Share | 58.75 | 71.76 | 54.36 | 47.21 | 36.12 | 53.59 |
| Tangible Book Value | 5.11B | 3.95B | 2.66B | 2.11B | 1.32B | 3.37B |
| Tangible Book Value Per Share | 58.75 | 43.27 | 27.62 | 21.02 | 12.52 | 30.43 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 4.16B | 3.56B | 3.40B | 2.56B | 3.15B | 3.42B |
| Depreciation & Amortization | -38.00M | -93.00M | -159.00M | -154.00M | -40.00M | 98.00M |
| Asset Writedown & Restructuring Costs | 27.00M | 19.00M | 9.00M | -16.00M | 98.00M | 4.00M |
| Loss (Gain) From Sale of Investments | 3.00M | -5.00M | 61.00M | 32.00M | -647.00M | |
| Loss (Gain) on Equity Investments | 16.00M | 8.00M | 19.00M | 27.00M | 36.00M | 75.00M |
| Stock-Based Compensation | 204.00M | 206.00M | 193.00M | 187.00M | 170.00M | 152.00M |
| Other Operating Activities | 230.00M | 157.00M | 125.00M | 18.00M | 155.00M | 91.00M |
| Change in Accounts Receivable | -472.00M | -159.00M | 215.00M | 276.00M | 39.00M | -568.00M |
| Change in Accounts Payable | 400.00M | 261.00M | 105.00M | 354.00M | -219.00M | 300.00M |
| Change in Income Taxes | 129.00M | -108.00M | 200.00M | -387.00M | 116.00M | -308.00M |
| Change in Other Net Operating Assets | 2.83B | 4.47B | 2.49B | 1.76B | 871.00M | 711.00M |
| Operating Cash Flow | 7.49B | 8.32B | 6.59B | 4.68B | 4.41B | 3.33B |
| Capital Expenditures | -152.00M | -162.00M | -176.00M | -184.00M | -182.00M | -120.00M |
| Cash Acquisitions | 34.00M | -576.00M | ||||
| Investment in Securities | -2.51B | -855.00M | -555.00M | -9.48B | -13.46B | -3.14B |
| Other Investing Activities | -727.00M | -38.00M | 418.00M | 539.00M | 59.00M | -579.00M |
| Investing Cash Flow | -4.09B | -1.53B | -551.00M | -9.26B | -13.58B | -4.38B |
| Long-Term Debt Issued | 1.86B | 1.27B | 1.33B | 836.00M | 1.76B | |
| Long-Term Debt Repaid | -1.43B | -1.56B | -1.03B | -514.00M | -1.15B | |
| Total Debt Repaid | -1.46B | -1.43B | -1.56B | -1.03B | -514.00M | -1.15B |
| Net Debt Issued (Repaid) | 161.00M | 429.00M | -292.00M | 300.00M | 322.00M | 609.00M |
| Issuance of Common Stock | 1.00M | |||||
| Repurchase of Common Stock | -3.46B | -2.91B | -2.45B | -2.13B | -1.98B | -2.03B |
| Common Dividends Paid | -600.00M | -596.00M | -574.00M | -550.00M | -534.00M | -511.00M |
| Other Financing Activities | -369.00M | -2.08B | -1.85B | 6.79B | 10.62B | 3.65B |
| Financing Cash Flow | -4.27B | -5.16B | -5.17B | 4.41B | 8.43B | 1.72B |
| Foreign Exchange Rate Adjustments | -7.00M | 31.00M | -10.00M | 31.00M | -68.00M | -2.00M |
| Net Cash Flow | -885.00M | 1.67B | 869.00M | -135.00M | -814.00M | 666.00M |
| Free Cash Flow | 7.33B | 8.16B | 6.42B | 4.50B | 4.22B | 3.21B |
| Free Cash Flow Margin | 36.42% | 43.16% | 35.81% | 27.96% | 29.48% | 23.94% |
| Free Cash Flow Per Share | 78.26 | 83.11 | 62.38 | 41.75 | 37.16 | 26.71 |
| Levered Free Cash Flow | 3.18B | 3.57B | 3.02B | 4.14B | 2.12B | -5.92B |
| Unlevered Free Cash Flow | 3.88B | 4.34B | 4.02B | 5.10B | 2.70B | -5.42B |
| Cash Interest Paid | 636.00M | 752.00M | 1.01B | 859.00M | 227.00M | 203.00M |
| Cash Income Tax Paid | 885.00M | 885.00M | 496.00M | 1.04B | 500.00M | 986.00M |
| Change in Working Capital | 2.88B | 4.46B | 3.01B | 2.01B | 807.00M | 135.00M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 42.61B | 45.56B | 51.65B | 38.44B | 33.14B | 33.75B |
| Enterprise Value | 37.15B | 39.32B | 44.69B | 35.42B | 28.55B | 28.34B |
| Last Close Price | 490.83 | 485.60 | 520.61 | 366.38 | 295.49 | 281.49 |
| PE Ratio | 11.05 | 12.79 | 15.19 | 15.04 | 10.52 | 9.88 |
| Forward PE | 9.80 | 11.87 | 14.07 | 11.86 | 11.24 | 12.62 |
| PS Ratio | 2.12 | 2.41 | 2.88 | 2.39 | 2.31 | 2.52 |
| PB Ratio | 8.36 | 6.96 | 9.88 | 8.13 | 8.71 | 5.68 |
| P/TBV Ratio | 8.34 | 11.54 | 19.45 | 18.25 | 25.14 | 10.01 |
| P/FCF Ratio | 5.81 | 5.58 | 8.05 | 8.54 | 7.84 | 10.53 |
| P/OCF Ratio | 5.69 | 5.47 | 7.83 | 8.20 | 7.52 | 10.15 |
| PEG Ratio | 0.80 | 1.23 | 0.86 | 0.75 | 0.65 | 1.40 |
| EV/Sales Ratio | 1.84 | 2.08 | 2.49 | 2.20 | 1.99 | 2.12 |
| EV/EBITDA Ratio | 5.36 | 5.72 | ||||
| EV/EBIT Ratio | 5.28 | 5.83 | 6.92 | 6.31 | 5.46 | 5.84 |
| EV/FCF Ratio | 5.07 | 4.82 | 6.96 | 7.87 | 6.76 | 8.84 |
| Debt / Equity Ratio | 0.77 | 0.58 | 0.70 | 0.89 | 0.97 | 0.65 |
| Debt / EBITDA Ratio | 0.55 | 0.55 | 0.56 | 0.75 | 0.69 | 0.77 |
| Debt / FCF Ratio | 0.53 | 0.46 | 0.57 | 0.94 | 0.87 | 1.20 |
| Net Debt / Equity Ratio | -1.07 | -0.97 | -0.89 | -0.73 | -0.93 | -0.76 |
| Net Debt / EBITDA Ratio | -0.66 | -0.92 | ||||
| Net Debt / FCF Ratio | -0.74 | -0.78 | -0.72 | -0.76 | -0.84 | -1.42 |
| Asset Turnover | 0.11 | 0.10 | 0.10 | 0.10 | 0.09 | 0.08 |
| Quick Ratio | 1.37 | 1.46 | 1.78 | 2.48 | 3.46 | 2.38 |
| Current Ratio | 2.25 | 2.29 | 2.59 | 3.16 | 4.15 | 3.09 |
| Return on Equity (ROE) | 71.98% | 60.51% | 68.31% | 59.92% | 64.63% | 57.88% |
| Return on Assets (ROA) | 2.30% | 2.27% | 2.26% | 2.10% | 1.95% | 1.78% |
| Return on Invested Capital (ROIC) | 548.76% | 342.04% | 284.88% | |||
| Return on Capital Employed (ROCE) | 4.10% | 3.90% | 3.80% | 3.40% | 3.40% | 2.90% |
| Earnings Yield | 9.05% | 7.82% | 6.58% | 6.65% | 9.50% | 10.12% |
| FCF Yield | 17.21% | 17.91% | 12.43% | 11.71% | 12.75% | 9.50% |
| Dividend Yield | 1.39% | 1.26% | 1.08% | 1.38% | 1.55% | 1.46% |
| Payout Ratio | 15.31% | 16.73% | 16.88% | 21.52% | 16.96% | 14.95% |
| Buyback Yield / Dilution | 5.85% | 4.57% | 4.54% | 5.19% | 5.25% | 4.54% |
| Total Shareholder Return | 7.24% | 5.83% | 5.62% | 6.57% | 6.80% | 5.99% |