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Side-by-side financial comparison of JANUS HENDERSON GROUP PLC (JHG) and Knife River Corp (KNF). 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 $755.1M, roughly 1.5× Knife River Corp). JANUS HENDERSON GROUP PLC runs the higher net margin — 35.3% vs 4.2%, a 31.1% gap on every dollar of revenue. On growth, JANUS HENDERSON GROUP PLC posted the faster year-over-year revenue change (61.3% vs 14.9%). JANUS HENDERSON GROUP PLC produced more free cash flow last quarter ($320.4M vs $138.2M). Over the past eight quarters, Knife River Corp's revenue compounded faster (51.4% CAGR vs 43.9%).

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.

Columbia River Knife & Tool, Inc. (CRKT) is an American knife company established in 1994, and currently based in Tualatin, Oregon, United States. The company's president and sales executive is Rod Bremer and the finance executive is Peggy Bremer.

JHG vs KNF — Head-to-Head

Bigger by revenue
JHG
JHG
1.5× larger
JHG
$1.1B
$755.1M
KNF
Growing faster (revenue YoY)
JHG
JHG
+46.4% gap
JHG
61.3%
14.9%
KNF
Higher net margin
JHG
JHG
31.1% more per $
JHG
35.3%
4.2%
KNF
More free cash flow
JHG
JHG
$182.2M more FCF
JHG
$320.4M
$138.2M
KNF
Faster 2-yr revenue CAGR
KNF
KNF
Annualised
KNF
51.4%
43.9%
JHG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
JHG
JHG
KNF
KNF
Revenue
$1.1B
$755.1M
Net Profit
$403.2M
$32.0M
Gross Margin
19.2%
Operating Margin
42.7%
8.6%
Net Margin
35.3%
4.2%
Revenue YoY
61.3%
14.9%
Net Profit YoY
231.0%
37.6%
EPS (diluted)
$2.59
$0.56

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
JHG
JHG
KNF
KNF
Q4 25
$1.1B
$755.1M
Q3 25
$700.4M
$1.2B
Q2 25
$633.2M
$833.8M
Q1 25
$621.4M
$353.5M
Q4 24
$708.3M
$657.2M
Q3 24
$624.8M
$1.1B
Q2 24
$588.4M
$806.9M
Q1 24
$551.7M
$329.6M
Net Profit
JHG
JHG
KNF
KNF
Q4 25
$403.2M
$32.0M
Q3 25
$142.1M
$143.2M
Q2 25
$149.9M
$50.6M
Q1 25
$120.7M
$-68.7M
Q4 24
$121.8M
$23.3M
Q3 24
$27.3M
$148.1M
Q2 24
$129.7M
$77.9M
Q1 24
$130.1M
$-47.6M
Gross Margin
JHG
JHG
KNF
KNF
Q4 25
19.2%
Q3 25
23.6%
Q2 25
18.9%
Q1 25
-2.7%
Q4 24
17.4%
Q3 24
24.7%
Q2 24
21.8%
Q1 24
2.0%
Operating Margin
JHG
JHG
KNF
KNF
Q4 25
42.7%
8.6%
Q3 25
24.6%
17.9%
Q2 25
25.9%
10.6%
Q1 25
24.7%
-23.4%
Q4 24
27.9%
6.7%
Q3 24
26.4%
18.9%
Q2 24
27.9%
14.5%
Q1 24
21.6%
-16.3%
Net Margin
JHG
JHG
KNF
KNF
Q4 25
35.3%
4.2%
Q3 25
20.3%
11.9%
Q2 25
23.7%
6.1%
Q1 25
19.4%
-19.4%
Q4 24
17.2%
3.5%
Q3 24
4.4%
13.4%
Q2 24
22.0%
9.7%
Q1 24
23.6%
-14.5%
EPS (diluted)
JHG
JHG
KNF
KNF
Q4 25
$2.59
$0.56
Q3 25
$0.92
$2.52
Q2 25
$0.95
$0.89
Q1 25
$0.77
$-1.21
Q4 24
$0.77
$0.42
Q3 24
$0.17
$2.60
Q2 24
$0.81
$1.37
Q1 24
$0.81
$-0.84

Balance Sheet & Financial Strength

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

Metric
JHG
JHG
KNF
KNF
Cash + ST InvestmentsLiquidity on hand
$1.6B
$73.8M
Total DebtLower is stronger
$1.2B
Stockholders' EquityBook value
$5.1B
$1.6B
Total Assets
$8.3B
$3.7B
Debt / EquityLower = less leverage
0.71×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JHG
JHG
KNF
KNF
Q4 25
$1.6B
$73.8M
Q3 25
$1.4B
$30.7M
Q2 25
$1.3B
$26.6M
Q1 25
$1.4B
$86.1M
Q4 24
$1.6B
$236.8M
Q3 24
$1.8B
$220.4M
Q2 24
$1.3B
$15.5M
Q1 24
$1.1B
$128.4M
Total Debt
JHG
JHG
KNF
KNF
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.4B
Q1 25
$1.2B
Q4 24
$677.4M
Q3 24
$678.5M
Q2 24
$679.5M
Q1 24
$680.6M
Stockholders' Equity
JHG
JHG
KNF
KNF
Q4 25
$5.1B
$1.6B
Q3 25
$4.8B
$1.6B
Q2 25
$4.8B
$1.5B
Q1 25
$4.7B
$1.4B
Q4 24
$4.6B
$1.5B
Q3 24
$4.6B
$1.4B
Q2 24
$4.5B
$1.3B
Q1 24
$4.4B
$1.2B
Total Assets
JHG
JHG
KNF
KNF
Q4 25
$8.3B
$3.7B
Q3 25
$7.6B
$3.7B
Q2 25
$7.5B
$3.6B
Q1 25
$7.1B
$3.3B
Q4 24
$7.0B
$2.9B
Q3 24
$7.3B
$2.9B
Q2 24
$6.4B
$2.7B
Q1 24
$6.3B
$2.5B
Debt / Equity
JHG
JHG
KNF
KNF
Q4 25
0.71×
Q3 25
0.74×
Q2 25
0.93×
Q1 25
0.83×
Q4 24
0.46×
Q3 24
0.47×
Q2 24
0.52×
Q1 24
0.56×

Cash Flow & Capital Efficiency

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

Metric
JHG
JHG
KNF
KNF
Operating Cash FlowLast quarter
$322.7M
$195.9M
Free Cash FlowOCF − Capex
$320.4M
$138.2M
FCF MarginFCF / Revenue
28.0%
18.3%
Capex IntensityCapex / Revenue
0.2%
7.6%
Cash ConversionOCF / Net Profit
0.80×
6.12×
TTM Free Cash FlowTrailing 4 quarters
$710.9M
$-69.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
JHG
JHG
KNF
KNF
Q4 25
$322.7M
$195.9M
Q3 25
$258.8M
$250.4M
Q2 25
$135.2M
$-42.6M
Q1 25
$2.8M
$-125.3M
Q4 24
$247.3M
$172.4M
Q3 24
$228.5M
$239.7M
Q2 24
$223.8M
$-46.6M
Q1 24
$-5.0M
$-43.2M
Free Cash Flow
JHG
JHG
KNF
KNF
Q4 25
$320.4M
$138.2M
Q3 25
$256.4M
$188.7M
Q2 25
$133.2M
$-196.2M
Q1 25
$900.0K
$-200.2M
Q4 24
$243.5M
$127.2M
Q3 24
$225.9M
$216.1M
Q2 24
$221.9M
$-106.5M
Q1 24
$-6.8M
$-86.9M
FCF Margin
JHG
JHG
KNF
KNF
Q4 25
28.0%
18.3%
Q3 25
36.6%
15.7%
Q2 25
21.0%
-23.5%
Q1 25
0.1%
-56.6%
Q4 24
34.4%
19.3%
Q3 24
36.2%
19.6%
Q2 24
37.7%
-13.2%
Q1 24
-1.2%
-26.4%
Capex Intensity
JHG
JHG
KNF
KNF
Q4 25
0.2%
7.6%
Q3 25
0.3%
5.1%
Q2 25
0.3%
18.4%
Q1 25
0.3%
21.2%
Q4 24
0.5%
6.9%
Q3 24
0.4%
2.1%
Q2 24
0.3%
7.4%
Q1 24
0.3%
13.3%
Cash Conversion
JHG
JHG
KNF
KNF
Q4 25
0.80×
6.12×
Q3 25
1.82×
1.75×
Q2 25
0.90×
-0.84×
Q1 25
0.02×
Q4 24
2.03×
7.41×
Q3 24
8.37×
1.62×
Q2 24
1.73×
-0.60×
Q1 24
-0.04×

Financial Flow Comparison

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

Revenue Breakdown by Segment

JHG
JHG

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

KNF
KNF

Services$347.2M46%
Ready Mix Concrete$88.4M12%
Contracting Services Public Sector$80.2M11%
Aggregates$73.9M10%
Energy Services Segment$56.2M7%
Liquid Asphalt$49.1M7%
Other$43.2M6%
Asphalt$22.7M3%

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