vs

Side-by-side financial comparison of FIVE BELOW, INC (FIVE) and JANUS HENDERSON GROUP PLC (JHG). Click either name above to swap in a different company.

JANUS HENDERSON GROUP PLC is the larger business by last-quarter revenue ($1.1B vs $1.0B, roughly 1.1× FIVE BELOW, INC). JANUS HENDERSON GROUP PLC runs the higher net margin — 35.3% vs 3.5%, a 31.8% gap on every dollar of revenue. On growth, JANUS HENDERSON GROUP PLC posted the faster year-over-year revenue change (61.3% vs 23.1%). JANUS HENDERSON GROUP PLC produced more free cash flow last quarter ($320.4M vs $-133.2M). Over the past eight quarters, JANUS HENDERSON GROUP PLC's revenue compounded faster (43.9% CAGR vs -11.9%).

Five Below, Inc. is an American chain of specialty discount gift shops that prices most of its products at up to $5, plus a smaller assortment of products priced up to $40. Founded in 2002 by Tom Vellios and David Schlessinger and headquartered in Philadelphia, Pennsylvania, the chain is aimed at tweens and teens. By 2014, there were more than 1,850 stores located across the United States.

Janus Henderson is a British-American global asset management group headquartered in the City of London, United Kingdom. It offers a range of financial products to individuals, intermediary advisors, and institutional investors globally under the trade name Janus Henderson Investors.

FIVE vs JHG — Head-to-Head

Bigger by revenue
JHG
JHG
1.1× larger
JHG
$1.1B
$1.0B
FIVE
Growing faster (revenue YoY)
JHG
JHG
+38.2% gap
JHG
61.3%
23.1%
FIVE
Higher net margin
JHG
JHG
31.8% more per $
JHG
35.3%
3.5%
FIVE
More free cash flow
JHG
JHG
$453.6M more FCF
JHG
$320.4M
$-133.2M
FIVE
Faster 2-yr revenue CAGR
JHG
JHG
Annualised
JHG
43.9%
-11.9%
FIVE

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
FIVE
FIVE
JHG
JHG
Revenue
$1.0B
$1.1B
Net Profit
$36.5M
$403.2M
Gross Margin
33.8%
Operating Margin
4.2%
42.7%
Net Margin
3.5%
35.3%
Revenue YoY
23.1%
61.3%
Net Profit YoY
2063.9%
231.0%
EPS (diluted)
$0.66
$2.59

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.

Revenue
FIVE
FIVE
JHG
JHG
Q4 25
$1.0B
$1.1B
Q3 25
$1.0B
$700.4M
Q2 25
$970.5M
$633.2M
Q1 25
$1.4B
$621.4M
Q4 24
$843.7M
$708.3M
Q3 24
$830.1M
$624.8M
Q2 24
$811.9M
$588.4M
Q1 24
$1.3B
$551.7M
Net Profit
FIVE
FIVE
JHG
JHG
Q4 25
$36.5M
$403.2M
Q3 25
$42.8M
$142.1M
Q2 25
$41.1M
$149.9M
Q1 25
$187.5M
$120.7M
Q4 24
$1.7M
$121.8M
Q3 24
$33.0M
$27.3M
Q2 24
$31.5M
$129.7M
Q1 24
$202.2M
$130.1M
Gross Margin
FIVE
FIVE
JHG
JHG
Q4 25
33.8%
Q3 25
33.3%
Q2 25
33.4%
Q1 25
40.2%
Q4 24
30.6%
Q3 24
32.7%
Q2 24
32.5%
Q1 24
41.2%
Operating Margin
FIVE
FIVE
JHG
JHG
Q4 25
4.2%
42.7%
Q3 25
5.1%
24.6%
Q2 25
5.2%
25.9%
Q1 25
17.7%
24.7%
Q4 24
-0.1%
27.9%
Q3 24
5.0%
26.4%
Q2 24
4.5%
27.9%
Q1 24
20.1%
21.6%
Net Margin
FIVE
FIVE
JHG
JHG
Q4 25
3.5%
35.3%
Q3 25
4.2%
20.3%
Q2 25
4.2%
23.7%
Q1 25
13.5%
19.4%
Q4 24
0.2%
17.2%
Q3 24
4.0%
4.4%
Q2 24
3.9%
22.0%
Q1 24
15.1%
23.6%
EPS (diluted)
FIVE
FIVE
JHG
JHG
Q4 25
$0.66
$2.59
Q3 25
$0.77
$0.92
Q2 25
$0.75
$0.95
Q1 25
$3.40
$0.77
Q4 24
$0.03
$0.77
Q3 24
$0.60
$0.17
Q2 24
$0.57
$0.81
Q1 24
$3.64
$0.81

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FIVE
FIVE
JHG
JHG
Cash + ST InvestmentsLiquidity on hand
$524.5M
$1.6B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.0B
$5.1B
Total Assets
$4.8B
$8.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIVE
FIVE
JHG
JHG
Q4 25
$524.5M
$1.6B
Q3 25
$670.2M
$1.4B
Q2 25
$624.0M
$1.3B
Q1 25
$528.8M
$1.4B
Q4 24
$216.6M
$1.6B
Q3 24
$327.7M
$1.8B
Q2 24
$369.6M
$1.3B
Q1 24
$460.1M
$1.1B
Stockholders' Equity
FIVE
FIVE
JHG
JHG
Q4 25
$2.0B
$5.1B
Q3 25
$1.9B
$4.8B
Q2 25
$1.9B
$4.8B
Q1 25
$1.8B
$4.7B
Q4 24
$1.6B
$4.6B
Q3 24
$1.6B
$4.6B
Q2 24
$1.6B
$4.5B
Q1 24
$1.6B
$4.4B
Total Assets
FIVE
FIVE
JHG
JHG
Q4 25
$4.8B
$8.3B
Q3 25
$4.6B
$7.6B
Q2 25
$4.5B
$7.5B
Q1 25
$4.3B
$7.1B
Q4 24
$4.2B
$7.0B
Q3 24
$4.0B
$7.3B
Q2 24
$3.9B
$6.4B
Q1 24
$3.9B
$6.3B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FIVE
FIVE
JHG
JHG
Operating Cash FlowLast quarter
$-80.1M
$322.7M
Free Cash FlowOCF − Capex
$-133.2M
$320.4M
FCF MarginFCF / Revenue
-12.8%
28.0%
Capex IntensityCapex / Revenue
5.1%
0.2%
Cash ConversionOCF / Net Profit
-2.19×
0.80×
TTM Free Cash FlowTrailing 4 quarters
$323.0M
$710.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIVE
FIVE
JHG
JHG
Q4 25
$-80.1M
$322.7M
Q3 25
$93.0M
$258.8M
Q2 25
$132.7M
$135.2M
Q1 25
$363.5M
$2.8M
Q4 24
$-30.6M
$247.3M
Q3 24
$71.3M
$228.5M
Q2 24
$26.4M
$223.8M
Q1 24
$407.7M
$-5.0M
Free Cash Flow
FIVE
FIVE
JHG
JHG
Q4 25
$-133.2M
$320.4M
Q3 25
$48.3M
$256.4M
Q2 25
$96.5M
$133.2M
Q1 25
$311.4M
$900.0K
Q4 24
$-111.0M
$243.5M
Q3 24
$-32.4M
$225.9M
Q2 24
$-61.4M
$221.9M
Q1 24
$304.6M
$-6.8M
FCF Margin
FIVE
FIVE
JHG
JHG
Q4 25
-12.8%
28.0%
Q3 25
4.7%
36.6%
Q2 25
9.9%
21.0%
Q1 25
22.4%
0.1%
Q4 24
-13.2%
34.4%
Q3 24
-3.9%
36.2%
Q2 24
-7.6%
37.7%
Q1 24
22.8%
-1.2%
Capex Intensity
FIVE
FIVE
JHG
JHG
Q4 25
5.1%
0.2%
Q3 25
4.4%
0.3%
Q2 25
3.7%
0.3%
Q1 25
3.7%
0.3%
Q4 24
9.5%
0.5%
Q3 24
12.5%
0.4%
Q2 24
10.8%
0.3%
Q1 24
7.7%
0.3%
Cash Conversion
FIVE
FIVE
JHG
JHG
Q4 25
-2.19×
0.80×
Q3 25
2.17×
1.82×
Q2 25
3.22×
0.90×
Q1 25
1.94×
0.02×
Q4 24
-18.13×
2.03×
Q3 24
2.16×
8.37×
Q2 24
0.84×
1.73×
Q1 24
2.02×
-0.04×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FIVE
FIVE

Segment breakdown not available.

JHG
JHG

Investment Advice$585.2M51%
Investment Performance$425.8M37%
Other$76.4M7%

Related Comparisons