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Side-by-side financial comparison of JANUS HENDERSON GROUP PLC (JHG) and LCI INDUSTRIES (LCII). 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 $932.7M, roughly 1.2× LCI INDUSTRIES). JANUS HENDERSON GROUP PLC runs the higher net margin — 35.3% vs 2.0%, a 33.3% gap on every dollar of revenue. On growth, JANUS HENDERSON GROUP PLC posted the faster year-over-year revenue change (61.3% vs 16.1%). JANUS HENDERSON GROUP PLC produced more free cash flow last quarter ($320.4M vs $64.3M). Over the past eight quarters, JANUS HENDERSON GROUP PLC's revenue compounded faster (43.9% CAGR vs -1.8%).
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.
Lucky Core Industries Limited, formerly known as ICI Pakistan, is a Pakistani conglomerate company headquartered in Karachi. It manufactures polyester, pharmaceutical, agrochemical, soda ash, and veterinary medicine.
JHG vs LCII — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $932.7M |
| Net Profit | $403.2M | $18.7M |
| Gross Margin | — | 22.1% |
| Operating Margin | 42.7% | 3.8% |
| Net Margin | 35.3% | 2.0% |
| Revenue YoY | 61.3% | 16.1% |
| Net Profit YoY | 231.0% | 95.7% |
| EPS (diluted) | $2.59 | $0.79 |
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 | $1.1B | $932.7M | ||
| Q3 25 | $700.4M | $1.0B | ||
| Q2 25 | $633.2M | $1.1B | ||
| Q1 25 | $621.4M | $1.0B | ||
| Q4 24 | $708.3M | $803.1M | ||
| Q3 24 | $624.8M | $915.5M | ||
| Q2 24 | $588.4M | $1.1B | ||
| Q1 24 | $551.7M | $968.0M |
| Q4 25 | $403.2M | $18.7M | ||
| Q3 25 | $142.1M | $62.5M | ||
| Q2 25 | $149.9M | $57.6M | ||
| Q1 25 | $120.7M | $49.4M | ||
| Q4 24 | $121.8M | $9.5M | ||
| Q3 24 | $27.3M | $35.6M | ||
| Q2 24 | $129.7M | $61.2M | ||
| Q1 24 | $130.1M | $36.5M |
| Q4 25 | — | 22.1% | ||
| Q3 25 | — | 24.4% | ||
| Q2 25 | — | 24.4% | ||
| Q1 25 | — | 24.1% | ||
| Q4 24 | — | 21.1% | ||
| Q3 24 | — | 24.0% | ||
| Q2 24 | — | 25.3% | ||
| Q1 24 | — | 23.1% |
| Q4 25 | 42.7% | 3.8% | ||
| Q3 25 | 24.6% | 7.3% | ||
| Q2 25 | 25.9% | 7.9% | ||
| Q1 25 | 24.7% | 7.8% | ||
| Q4 24 | 27.9% | 2.0% | ||
| Q3 24 | 26.4% | 5.9% | ||
| Q2 24 | 27.9% | 8.6% | ||
| Q1 24 | 21.6% | 6.0% |
| Q4 25 | 35.3% | 2.0% | ||
| Q3 25 | 20.3% | 6.0% | ||
| Q2 25 | 23.7% | 5.2% | ||
| Q1 25 | 19.4% | 4.7% | ||
| Q4 24 | 17.2% | 1.2% | ||
| Q3 24 | 4.4% | 3.9% | ||
| Q2 24 | 22.0% | 5.8% | ||
| Q1 24 | 23.6% | 3.8% |
| Q4 25 | $2.59 | $0.79 | ||
| Q3 25 | $0.92 | $2.55 | ||
| Q2 25 | $0.95 | $2.29 | ||
| Q1 25 | $0.77 | $1.94 | ||
| Q4 24 | $0.77 | $0.37 | ||
| Q3 24 | $0.17 | $1.39 | ||
| Q2 24 | $0.81 | $2.40 | ||
| Q1 24 | $0.81 | $1.44 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.6B | $222.6M |
| Total DebtLower is stronger | — | $945.2M |
| Stockholders' EquityBook value | $5.1B | $1.4B |
| Total Assets | $8.3B | $3.2B |
| Debt / EquityLower = less leverage | — | 0.69× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $222.6M | ||
| Q3 25 | $1.4B | $199.7M | ||
| Q2 25 | $1.3B | $191.9M | ||
| Q1 25 | $1.4B | $231.2M | ||
| Q4 24 | $1.6B | $165.8M | ||
| Q3 24 | $1.8B | $161.2M | ||
| Q2 24 | $1.3B | $130.4M | ||
| Q1 24 | $1.1B | $22.6M |
| Q4 25 | — | $945.2M | ||
| Q3 25 | — | $947.8M | ||
| Q2 25 | — | $948.0M | ||
| Q1 25 | — | $938.3M | ||
| Q4 24 | — | $757.3M | ||
| Q3 24 | — | $822.5M | ||
| Q2 24 | — | $829.7M | ||
| Q1 24 | — | $855.3M |
| Q4 25 | $5.1B | $1.4B | ||
| Q3 25 | $4.8B | $1.4B | ||
| Q2 25 | $4.8B | $1.4B | ||
| Q1 25 | $4.7B | $1.4B | ||
| Q4 24 | $4.6B | $1.4B | ||
| Q3 24 | $4.6B | $1.4B | ||
| Q2 24 | $4.5B | $1.4B | ||
| Q1 24 | $4.4B | $1.4B |
| Q4 25 | $8.3B | $3.2B | ||
| Q3 25 | $7.6B | $3.2B | ||
| Q2 25 | $7.5B | $3.2B | ||
| Q1 25 | $7.1B | $3.1B | ||
| Q4 24 | $7.0B | $2.9B | ||
| Q3 24 | $7.3B | $3.0B | ||
| Q2 24 | $6.4B | $3.0B | ||
| Q1 24 | $6.3B | $3.0B |
| Q4 25 | — | 0.69× | ||
| Q3 25 | — | 0.70× | ||
| Q2 25 | — | 0.68× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 0.55× | ||
| Q3 24 | — | 0.58× | ||
| Q2 24 | — | 0.60× | ||
| Q1 24 | — | 0.63× |
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 | $322.7M | $78.9M |
| Free Cash FlowOCF − Capex | $320.4M | $64.3M |
| FCF MarginFCF / Revenue | 28.0% | 6.9% |
| Capex IntensityCapex / Revenue | 0.2% | 1.6% |
| Cash ConversionOCF / Net Profit | 0.80× | 4.22× |
| TTM Free Cash FlowTrailing 4 quarters | $710.9M | $278.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $322.7M | $78.9M | ||
| Q3 25 | $258.8M | $97.2M | ||
| Q2 25 | $135.2M | $112.2M | ||
| Q1 25 | $2.8M | $42.7M | ||
| Q4 24 | $247.3M | $106.6M | ||
| Q3 24 | $228.5M | $78.4M | ||
| Q2 24 | $223.8M | $192.9M | ||
| Q1 24 | $-5.0M | $-7.7M |
| Q4 25 | $320.4M | $64.3M | ||
| Q3 25 | $256.4M | $80.9M | ||
| Q2 25 | $133.2M | $99.5M | ||
| Q1 25 | $900.0K | $33.7M | ||
| Q4 24 | $243.5M | $95.7M | ||
| Q3 24 | $225.9M | $68.3M | ||
| Q2 24 | $221.9M | $180.2M | ||
| Q1 24 | $-6.8M | $-16.3M |
| Q4 25 | 28.0% | 6.9% | ||
| Q3 25 | 36.6% | 7.8% | ||
| Q2 25 | 21.0% | 9.0% | ||
| Q1 25 | 0.1% | 3.2% | ||
| Q4 24 | 34.4% | 11.9% | ||
| Q3 24 | 36.2% | 7.5% | ||
| Q2 24 | 37.7% | 17.1% | ||
| Q1 24 | -1.2% | -1.7% |
| Q4 25 | 0.2% | 1.6% | ||
| Q3 25 | 0.3% | 1.6% | ||
| Q2 25 | 0.3% | 1.2% | ||
| Q1 25 | 0.3% | 0.9% | ||
| Q4 24 | 0.5% | 1.4% | ||
| Q3 24 | 0.4% | 1.1% | ||
| Q2 24 | 0.3% | 1.2% | ||
| Q1 24 | 0.3% | 0.9% |
| Q4 25 | 0.80× | 4.22× | ||
| Q3 25 | 1.82× | 1.55× | ||
| Q2 25 | 0.90× | 1.95× | ||
| Q1 25 | 0.02× | 0.86× | ||
| Q4 24 | 2.03× | 11.17× | ||
| Q3 24 | 8.37× | 2.20× | ||
| Q2 24 | 1.73× | 3.15× | ||
| Q1 24 | -0.04× | -0.21× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
JHG
| Investment Advice | $585.2M | 51% |
| Investment Performance | $425.8M | 37% |
| Other | $76.4M | 7% |
LCII
| Travel Trailer And Fifth Wheels | $378.4M | 41% |
| Chassis Chassis Partsand Slideout Mechanisms | $206.1M | 22% |
| Furnitureand Mattresses | $120.4M | 13% |
| Appliances | $69.9M | 7% |
| Other Products | $69.1M | 7% |
| Axlesand Suspension Solutions | $62.3M | 7% |
| Motorhomes | $34.2M | 4% |
