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Side-by-side financial comparison of JANUS HENDERSON GROUP PLC (JHG) and SCANSOURCE, INC. (SCSC). 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 $766.5M, roughly 1.5× SCANSOURCE, INC.). JANUS HENDERSON GROUP PLC runs the higher net margin — 35.3% vs 2.2%, a 33.1% gap on every dollar of revenue. On growth, JANUS HENDERSON GROUP PLC posted the faster year-over-year revenue change (61.3% vs 2.5%). JANUS HENDERSON GROUP PLC produced more free cash flow last quarter ($320.4M vs $28.9M). Over the past eight quarters, JANUS HENDERSON GROUP PLC's revenue compounded faster (43.9% CAGR vs 0.9%).
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.
ScanSource, Inc. is a leading global specialty technology distributor offering a broad portfolio of solutions including point-of-sale systems, barcode scanning tools, cybersecurity products, cloud services and communication solutions. It primarily serves value-added resellers, managed service providers and enterprise clients across North America, Latin America and Europe, covering retail, healthcare, industrial and public sector core segments.
JHG vs SCSC — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $766.5M |
| Net Profit | $403.2M | $16.5M |
| Gross Margin | — | 13.4% |
| Operating Margin | 42.7% | 2.3% |
| Net Margin | 35.3% | 2.2% |
| Revenue YoY | 61.3% | 2.5% |
| Net Profit YoY | 231.0% | -3.3% |
| EPS (diluted) | $2.59 | $0.75 |
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 | $766.5M | ||
| Q3 25 | $700.4M | $739.6M | ||
| Q2 25 | $633.2M | $812.9M | ||
| Q1 25 | $621.4M | $704.8M | ||
| Q4 24 | $708.3M | $747.5M | ||
| Q3 24 | $624.8M | $775.6M | ||
| Q2 24 | $588.4M | $746.1M | ||
| Q1 24 | $551.7M | $752.6M |
| Q4 25 | $403.2M | $16.5M | ||
| Q3 25 | $142.1M | $19.9M | ||
| Q2 25 | $149.9M | $20.1M | ||
| Q1 25 | $120.7M | $17.4M | ||
| Q4 24 | $121.8M | $17.1M | ||
| Q3 24 | $27.3M | $17.0M | ||
| Q2 24 | $129.7M | $16.1M | ||
| Q1 24 | $130.1M | $12.8M |
| Q4 25 | — | 13.4% | ||
| Q3 25 | — | 14.5% | ||
| Q2 25 | — | 12.9% | ||
| Q1 25 | — | 14.2% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | — | 13.1% | ||
| Q2 24 | — | 13.0% | ||
| Q1 24 | — | 12.6% |
| Q4 25 | 42.7% | 2.3% | ||
| Q3 25 | 24.6% | 3.5% | ||
| Q2 25 | 25.9% | 3.3% | ||
| Q1 25 | 24.7% | 3.2% | ||
| Q4 24 | 27.9% | 2.5% | ||
| Q3 24 | 26.4% | 2.3% | ||
| Q2 24 | 27.9% | 2.9% | ||
| Q1 24 | 21.6% | 2.3% |
| Q4 25 | 35.3% | 2.2% | ||
| Q3 25 | 20.3% | 2.7% | ||
| Q2 25 | 23.7% | 2.5% | ||
| Q1 25 | 19.4% | 2.5% | ||
| Q4 24 | 17.2% | 2.3% | ||
| Q3 24 | 4.4% | 2.2% | ||
| Q2 24 | 22.0% | 2.2% | ||
| Q1 24 | 23.6% | 1.7% |
| Q4 25 | $2.59 | $0.75 | ||
| Q3 25 | $0.92 | $0.89 | ||
| Q2 25 | $0.95 | $0.87 | ||
| Q1 25 | $0.77 | $0.74 | ||
| Q4 24 | $0.77 | $0.70 | ||
| Q3 24 | $0.17 | $0.69 | ||
| Q2 24 | $0.81 | $0.66 | ||
| Q1 24 | $0.81 | $0.50 |
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 | $83.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $5.1B | $910.9M |
| Total Assets | $8.3B | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.6B | $83.5M | ||
| Q3 25 | $1.4B | $124.9M | ||
| Q2 25 | $1.3B | $126.2M | ||
| Q1 25 | $1.4B | $146.3M | ||
| Q4 24 | $1.6B | $110.5M | ||
| Q3 24 | $1.8B | $145.0M | ||
| Q2 24 | $1.3B | $185.5M | ||
| Q1 24 | $1.1B | $159.1M |
| Q4 25 | $5.1B | $910.9M | ||
| Q3 25 | $4.8B | $914.0M | ||
| Q2 25 | $4.8B | $906.4M | ||
| Q1 25 | $4.7B | $901.7M | ||
| Q4 24 | $4.6B | $900.7M | ||
| Q3 24 | $4.6B | $920.9M | ||
| Q2 24 | $4.5B | $924.3M | ||
| Q1 24 | $4.4B | $944.1M |
| Q4 25 | $8.3B | $1.7B | ||
| Q3 25 | $7.6B | $1.7B | ||
| Q2 25 | $7.5B | $1.8B | ||
| Q1 25 | $7.1B | $1.7B | ||
| Q4 24 | $7.0B | $1.7B | ||
| Q3 24 | $7.3B | $1.8B | ||
| Q2 24 | $6.4B | $1.8B | ||
| Q1 24 | $6.3B | $1.8B |
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 | $30.8M |
| Free Cash FlowOCF − Capex | $320.4M | $28.9M |
| FCF MarginFCF / Revenue | 28.0% | 3.8% |
| Capex IntensityCapex / Revenue | 0.2% | 0.3% |
| Cash ConversionOCF / Net Profit | 0.80× | 1.87× |
| TTM Free Cash FlowTrailing 4 quarters | $710.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $322.7M | $30.8M | ||
| Q3 25 | $258.8M | $23.2M | ||
| Q2 25 | $135.2M | — | ||
| Q1 25 | $2.8M | $66.1M | ||
| Q4 24 | $247.3M | $-6.2M | ||
| Q3 24 | $228.5M | $44.8M | ||
| Q2 24 | $223.8M | — | ||
| Q1 24 | $-5.0M | $160.2M |
| Q4 25 | $320.4M | $28.9M | ||
| Q3 25 | $256.4M | $20.8M | ||
| Q2 25 | $133.2M | — | ||
| Q1 25 | $900.0K | $64.6M | ||
| Q4 24 | $243.5M | $-8.2M | ||
| Q3 24 | $225.9M | $42.5M | ||
| Q2 24 | $221.9M | — | ||
| Q1 24 | $-6.8M | $157.7M |
| Q4 25 | 28.0% | 3.8% | ||
| Q3 25 | 36.6% | 2.8% | ||
| Q2 25 | 21.0% | — | ||
| Q1 25 | 0.1% | 9.2% | ||
| Q4 24 | 34.4% | -1.1% | ||
| Q3 24 | 36.2% | 5.5% | ||
| Q2 24 | 37.7% | — | ||
| Q1 24 | -1.2% | 21.0% |
| Q4 25 | 0.2% | 0.3% | ||
| Q3 25 | 0.3% | 0.3% | ||
| Q2 25 | 0.3% | 0.3% | ||
| Q1 25 | 0.3% | 0.2% | ||
| Q4 24 | 0.5% | 0.3% | ||
| Q3 24 | 0.4% | 0.3% | ||
| Q2 24 | 0.3% | 0.2% | ||
| Q1 24 | 0.3% | 0.3% |
| Q4 25 | 0.80× | 1.87× | ||
| Q3 25 | 1.82× | 1.17× | ||
| Q2 25 | 0.90× | — | ||
| Q1 25 | 0.02× | 3.79× | ||
| Q4 24 | 2.03× | -0.36× | ||
| Q3 24 | 8.37× | 2.64× | ||
| Q2 24 | 1.73× | — | ||
| Q1 24 | -0.04× | 12.51× |
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% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
