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Side-by-side financial comparison of COHEN & STEERS, INC. (CNS) and ONESPAWORLD HOLDINGS Ltd (OSW). Click either name above to swap in a different company.
ONESPAWORLD HOLDINGS Ltd is the larger business by last-quarter revenue ($242.1M vs $143.8M, roughly 1.7× COHEN & STEERS, INC.). COHEN & STEERS, INC. runs the higher net margin — 24.3% vs 5.0%, a 19.3% gap on every dollar of revenue. On growth, ONESPAWORLD HOLDINGS Ltd posted the faster year-over-year revenue change (11.5% vs 2.9%). ONESPAWORLD HOLDINGS Ltd produced more free cash flow last quarter ($14.9M vs $-126.4M). Over the past eight quarters, COHEN & STEERS, INC.'s revenue compounded faster (8.3% CAGR vs 7.1%).
Cohen & Steers is an American investment management company. It focuses on investments in real estate securities via real estate investment trusts (REIT) and alternative income via preferred securities.
CNS vs OSW — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $143.8M | $242.1M |
| Net Profit | $34.9M | $12.1M |
| Gross Margin | — | — |
| Operating Margin | 28.0% | 6.8% |
| Net Margin | 24.3% | 5.0% |
| Revenue YoY | 2.9% | 11.5% |
| Net Profit YoY | -23.9% | -16.2% |
| EPS (diluted) | $0.67 | $0.12 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $143.8M | $242.1M | ||
| Q3 25 | $141.7M | $258.5M | ||
| Q2 25 | $136.1M | $240.7M | ||
| Q1 25 | $134.5M | $219.6M | ||
| Q4 24 | $139.8M | $217.2M | ||
| Q3 24 | $133.2M | $241.7M | ||
| Q2 24 | $121.7M | $224.9M | ||
| Q1 24 | $122.7M | $211.2M |
| Q4 25 | $34.9M | $12.1M | ||
| Q3 25 | $41.7M | $24.3M | ||
| Q2 25 | $36.8M | $19.9M | ||
| Q1 25 | $39.8M | $15.3M | ||
| Q4 24 | $45.8M | $14.4M | ||
| Q3 24 | $39.7M | $21.6M | ||
| Q2 24 | $31.8M | $15.8M | ||
| Q1 24 | $34.0M | $21.2M |
| Q4 25 | 28.0% | 6.8% | ||
| Q3 25 | 34.5% | 10.2% | ||
| Q2 25 | 31.8% | 9.2% | ||
| Q1 25 | 33.6% | 7.7% | ||
| Q4 24 | 35.3% | 7.9% | ||
| Q3 24 | 33.7% | 10.3% | ||
| Q2 24 | 31.5% | 8.4% | ||
| Q1 24 | 32.8% | 8.0% |
| Q4 25 | 24.3% | 5.0% | ||
| Q3 25 | 29.4% | 9.4% | ||
| Q2 25 | 27.1% | 8.3% | ||
| Q1 25 | 29.6% | 7.0% | ||
| Q4 24 | 32.8% | 6.6% | ||
| Q3 24 | 29.8% | 8.9% | ||
| Q2 24 | 26.1% | 7.0% | ||
| Q1 24 | 27.7% | 10.0% |
| Q4 25 | $0.67 | $0.12 | ||
| Q3 25 | $0.81 | $0.23 | ||
| Q2 25 | $0.72 | $0.19 | ||
| Q1 25 | $0.77 | $0.15 | ||
| Q4 24 | $0.89 | $0.13 | ||
| Q3 24 | $0.77 | $0.20 | ||
| Q2 24 | $0.63 | $0.15 | ||
| Q1 24 | $0.68 | $0.21 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $145.5M | $16.3M |
| Total DebtLower is stronger | — | $84.0M |
| Stockholders' EquityBook value | $562.0M | $542.6M |
| Total Assets | $876.7M | $707.1M |
| Debt / EquityLower = less leverage | — | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $145.5M | $16.3M | ||
| Q3 25 | $98.1M | $29.6M | ||
| Q2 25 | $95.4M | $35.0M | ||
| Q1 25 | $65.2M | $22.6M | ||
| Q4 24 | $183.0M | $57.4M | ||
| Q3 24 | $106.5M | $48.8M | ||
| Q2 24 | $122.0M | $62.5M | ||
| Q1 24 | $99.5M | $65.4M |
| Q4 25 | — | $84.0M | ||
| Q3 25 | — | $85.2M | ||
| Q2 25 | — | $96.2M | ||
| Q1 25 | — | $97.4M | ||
| Q4 24 | — | $98.6M | ||
| Q3 24 | — | $98.7M | ||
| Q2 24 | — | $123.8M | ||
| Q1 24 | — | $138.6M |
| Q4 25 | $562.0M | $542.6M | ||
| Q3 25 | $550.3M | $552.8M | ||
| Q2 25 | $528.5M | $548.3M | ||
| Q1 25 | $507.7M | $530.6M | ||
| Q4 24 | $511.7M | $554.5M | ||
| Q3 24 | $491.0M | $540.1M | ||
| Q2 24 | $463.2M | $532.7M | ||
| Q1 24 | $378.9M | $515.5M |
| Q4 25 | $876.7M | $707.1M | ||
| Q3 25 | $801.6M | $732.6M | ||
| Q2 25 | $751.0M | $731.8M | ||
| Q1 25 | $834.9M | $708.7M | ||
| Q4 24 | $812.4M | $746.4M | ||
| Q3 24 | $727.8M | $734.0M | ||
| Q2 24 | $784.1M | $756.8M | ||
| Q1 24 | $680.7M | $763.6M |
| Q4 25 | — | 0.15× | ||
| Q3 25 | — | 0.15× | ||
| Q2 25 | — | 0.18× | ||
| Q1 25 | — | 0.18× | ||
| Q4 24 | — | 0.18× | ||
| Q3 24 | — | 0.18× | ||
| Q2 24 | — | 0.23× | ||
| Q1 24 | — | 0.27× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-120.4M | $20.0M |
| Free Cash FlowOCF − Capex | $-126.4M | $14.9M |
| FCF MarginFCF / Revenue | -87.9% | 6.2% |
| Capex IntensityCapex / Revenue | 4.2% | 2.1% |
| Cash ConversionOCF / Net Profit | -3.45× | 1.65× |
| TTM Free Cash FlowTrailing 4 quarters | $-253.6M | $68.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-120.4M | $20.0M | ||
| Q3 25 | $55.1M | $33.2M | ||
| Q2 25 | $-67.6M | $20.3M | ||
| Q1 25 | $-108.9M | $10.1M | ||
| Q4 24 | $96.7M | $16.6M | ||
| Q3 24 | $25.6M | $28.6M | ||
| Q2 24 | $31.4M | $18.7M | ||
| Q1 24 | $4.9M | $15.0M |
| Q4 25 | $-126.4M | $14.9M | ||
| Q3 25 | $52.6M | $27.6M | ||
| Q2 25 | $-69.8M | $17.6M | ||
| Q1 25 | $-110.0M | $8.4M | ||
| Q4 24 | $85.0M | $13.2M | ||
| Q3 24 | $24.2M | $27.5M | ||
| Q2 24 | $27.1M | $17.6M | ||
| Q1 24 | $537.0K | $13.7M |
| Q4 25 | -87.9% | 6.2% | ||
| Q3 25 | 37.1% | 10.7% | ||
| Q2 25 | -51.3% | 7.3% | ||
| Q1 25 | -81.8% | 3.8% | ||
| Q4 24 | 60.8% | 6.1% | ||
| Q3 24 | 18.2% | 11.4% | ||
| Q2 24 | 22.3% | 7.8% | ||
| Q1 24 | 0.4% | 6.5% |
| Q4 25 | 4.2% | 2.1% | ||
| Q3 25 | 1.8% | 2.2% | ||
| Q2 25 | 1.6% | 1.1% | ||
| Q1 25 | 0.8% | 0.8% | ||
| Q4 24 | 8.3% | 1.5% | ||
| Q3 24 | 1.1% | 0.5% | ||
| Q2 24 | 3.5% | 0.5% | ||
| Q1 24 | 3.5% | 0.6% |
| Q4 25 | -3.45× | 1.65× | ||
| Q3 25 | 1.32× | 1.36× | ||
| Q2 25 | -1.84× | 1.02× | ||
| Q1 25 | -2.74× | 0.66× | ||
| Q4 24 | 2.11× | 1.15× | ||
| Q3 24 | 0.65× | 1.33× | ||
| Q2 24 | 0.99× | 1.19× | ||
| Q1 24 | 0.14× | 0.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CNS
Segment breakdown not available.
OSW
| Services | $197.3M | 82% |
| Products | $44.8M | 18% |
