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Side-by-side financial comparison of COHEN & STEERS, INC. (CNS) and BRC Group Holdings, Inc. (RILY). Click either name above to swap in a different company.
BRC Group Holdings, Inc. is the larger business by last-quarter revenue ($188.3M vs $143.8M, roughly 1.3× COHEN & STEERS, INC.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs 24.3%, a 23.7% gap on every dollar of revenue. On growth, COHEN & STEERS, INC. posted the faster year-over-year revenue change (2.9% vs -21.9%). Over the past eight quarters, COHEN & STEERS, INC.'s revenue compounded faster (8.3% CAGR vs -15.4%).
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 RILY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $143.8M | $188.3M |
| Net Profit | $34.9M | $90.3M |
| Gross Margin | — | 79.5% |
| Operating Margin | 28.0% | 32.3% |
| Net Margin | 24.3% | 47.9% |
| Revenue YoY | 2.9% | -21.9% |
| Net Profit YoY | -23.9% | 1710.8% |
| EPS (diluted) | $0.67 | $2.78 |
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 | $188.3M | ||
| Q3 25 | $141.7M | $215.3M | ||
| Q2 25 | $136.1M | $188.2M | ||
| Q1 25 | $134.5M | $197.2M | ||
| Q4 24 | $139.8M | $241.0M | ||
| Q3 24 | $133.2M | $225.5M | ||
| Q2 24 | $121.7M | $256.0M | ||
| Q1 24 | $122.7M | $263.4M |
| Q4 25 | $34.9M | $90.3M | ||
| Q3 25 | $41.7M | $91.1M | ||
| Q2 25 | $36.8M | $139.5M | ||
| Q1 25 | $39.8M | $-10.0M | ||
| Q4 24 | $45.8M | $-5.6M | ||
| Q3 24 | $39.7M | $-284.4M | ||
| Q2 24 | $31.8M | $-433.6M | ||
| Q1 24 | $34.0M | $-49.2M |
| Q4 25 | — | 79.5% | ||
| Q3 25 | — | 83.7% | ||
| Q2 25 | — | 81.3% | ||
| Q1 25 | — | 81.4% | ||
| Q4 24 | — | 79.8% | ||
| Q3 24 | — | 82.1% | ||
| Q2 24 | — | 84.5% | ||
| Q1 24 | — | 85.3% |
| Q4 25 | 28.0% | 32.3% | ||
| Q3 25 | 34.5% | 30.4% | ||
| Q2 25 | 31.8% | 5.7% | ||
| Q1 25 | 33.6% | -31.2% | ||
| Q4 24 | 35.3% | -69.2% | ||
| Q3 24 | 33.7% | -36.4% | ||
| Q2 24 | 31.5% | -90.8% | ||
| Q1 24 | 32.8% | -6.1% |
| Q4 25 | 24.3% | 47.9% | ||
| Q3 25 | 29.4% | 42.3% | ||
| Q2 25 | 27.1% | 74.1% | ||
| Q1 25 | 29.6% | -5.1% | ||
| Q4 24 | 32.8% | -2.3% | ||
| Q3 24 | 29.8% | -126.1% | ||
| Q2 24 | 26.1% | -169.4% | ||
| Q1 24 | 27.7% | -18.7% |
| Q4 25 | $0.67 | $2.78 | ||
| Q3 25 | $0.81 | $2.91 | ||
| Q2 25 | $0.72 | $4.50 | ||
| Q1 25 | $0.77 | $-0.39 | ||
| Q4 24 | $0.89 | $-0.01 | ||
| Q3 24 | $0.77 | $-9.39 | ||
| Q2 24 | $0.63 | $-14.35 | ||
| Q1 24 | $0.68 | $-1.71 |
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 | $226.6M |
| Total DebtLower is stronger | — | $1.4B |
| Stockholders' EquityBook value | $562.0M | $-171.5M |
| Total Assets | $876.7M | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $145.5M | $226.6M | ||
| Q3 25 | $98.1M | $184.2M | ||
| Q2 25 | $95.4M | $267.4M | ||
| Q1 25 | $65.2M | $138.3M | ||
| Q4 24 | $183.0M | $146.9M | ||
| Q3 24 | $106.5M | $159.2M | ||
| Q2 24 | $122.0M | $236.9M | ||
| Q1 24 | $99.5M | $190.7M |
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $562.0M | $-171.5M | ||
| Q3 25 | $550.3M | $-260.5M | ||
| Q2 25 | $528.5M | $-351.7M | ||
| Q1 25 | $507.7M | $-496.8M | ||
| Q4 24 | $511.7M | $-488.2M | ||
| Q3 24 | $491.0M | $-497.6M | ||
| Q2 24 | $463.2M | $-218.3M | ||
| Q1 24 | $378.9M | $228.4M |
| Q4 25 | $876.7M | $1.7B | ||
| Q3 25 | $801.6M | $1.7B | ||
| Q2 25 | $751.0M | $1.5B | ||
| Q1 25 | $834.9M | $1.5B | ||
| Q4 24 | $812.4M | $1.8B | ||
| Q3 24 | $727.8M | $2.2B | ||
| Q2 24 | $784.1M | $3.2B | ||
| Q1 24 | $680.7M | $5.0B |
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 | $26.2M |
| Free Cash FlowOCF − Capex | $-126.4M | — |
| FCF MarginFCF / Revenue | -87.9% | — |
| Capex IntensityCapex / Revenue | 4.2% | — |
| Cash ConversionOCF / Net Profit | -3.45× | 0.29× |
| TTM Free Cash FlowTrailing 4 quarters | $-253.6M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-120.4M | $26.2M | ||
| Q3 25 | $55.1M | $-60.6M | ||
| Q2 25 | $-67.6M | $-25.6M | ||
| Q1 25 | $-108.9M | $184.0K | ||
| Q4 24 | $96.7M | $-2.7M | ||
| Q3 24 | $25.6M | $19.5M | ||
| Q2 24 | $31.4M | $111.5M | ||
| Q1 24 | $4.9M | $135.4M |
| Q4 25 | $-126.4M | — | ||
| Q3 25 | $52.6M | — | ||
| Q2 25 | $-69.8M | — | ||
| Q1 25 | $-110.0M | — | ||
| Q4 24 | $85.0M | — | ||
| Q3 24 | $24.2M | — | ||
| Q2 24 | $27.1M | — | ||
| Q1 24 | $537.0K | — |
| Q4 25 | -87.9% | — | ||
| Q3 25 | 37.1% | — | ||
| Q2 25 | -51.3% | — | ||
| Q1 25 | -81.8% | — | ||
| Q4 24 | 60.8% | — | ||
| Q3 24 | 18.2% | — | ||
| Q2 24 | 22.3% | — | ||
| Q1 24 | 0.4% | — |
| Q4 25 | 4.2% | — | ||
| Q3 25 | 1.8% | — | ||
| Q2 25 | 1.6% | — | ||
| Q1 25 | 0.8% | — | ||
| Q4 24 | 8.3% | — | ||
| Q3 24 | 1.1% | — | ||
| Q2 24 | 3.5% | — | ||
| Q1 24 | 3.5% | — |
| Q4 25 | -3.45× | 0.29× | ||
| Q3 25 | 1.32× | -0.66× | ||
| Q2 25 | -1.84× | -0.18× | ||
| Q1 25 | -2.74× | — | ||
| Q4 24 | 2.11× | — | ||
| Q3 24 | 0.65× | — | ||
| Q2 24 | 0.99× | — | ||
| Q1 24 | 0.14× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CNS
Segment breakdown not available.
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
