Ameriprise Financial Inc - Understand $amp stock

$AMP Market Cap: $54.47 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$17.45B

TTM

Gross Margin

50.15%

TTM

Net Earnings

$2.707B

TTM

Current Assets

$25.49B

Q3 2024

Current Liabilities

$39.11B

Q3 2024

Current Ratio

65.16%

Q3 2024

Total Assets

$186.0B

Q3 2024

Total Liabilities

$180.3B

Q3 2024

Book Value

$5.715B

Q3 2024

Cash

$10.58B

Q3 2024

P/E

20.12

Nov 29, 2024 EST

Free Cash Flow

$8.187B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Revenue	$16.10B	$14.35B	$13.44B	$11.96B	$13.10B	$12.92B	$12.18B	$11.84B	$12.20B	$12.30B	$11.23B	$10.26B	$10.24B	$9.582B	$7.538B	$7.095B	$8.755B	$8.271B	$7.636B	$7.027B	$6.155B	$5.793B
YoY Change	12.19%	6.72%	12.42%	-8.74%	1.39%	6.11%	2.88%	-2.96%	-0.78%	9.49%	9.46%	0.2%	6.86%	27.12%	6.24%	-18.96%	5.85%	8.32%	8.67%	14.17%	6.25%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Revenue	$16.10B	$14.35B	$13.44B	$11.96B	$13.10B	$12.92B	$12.18B	$11.84B	$12.20B	$12.30B	$11.23B	$10.26B	$10.24B	$9.582B	$7.538B	$7.095B	$8.755B	$8.271B	$7.636B	$7.027B	$6.155B	$5.793B
Cost Of Revenue	$7.643B	$7.036B	$716.0M	$1.806B	$2.576B	$2.302B	$2.233B	$2.646B	$2.261B	$1.982B	$1.954B	$1.899B	$1.606B	$1.750B	$3.840B	$4.006B	$4.286B	$4.060B	$3.807B	$4.384B	$3.957B	$3.619B
Gross Profit	$8.453B	$7.311B	$12.73B	$10.15B	$10.53B	$10.62B	$9.947B	$9.193B	$9.939B	$10.31B	$9.276B	$8.360B	$8.633B	$7.832B	$3.698B	$3.089B	$4.469B	$4.211B	$3.829B	$2.643B	$2.198B	$2.174B
Gross Profit Margin	52.52%	50.96%	94.67%	84.9%	80.34%	82.19%	81.67%	77.65%	81.47%	83.88%	82.6%	81.49%	84.31%	81.74%	49.06%	43.54%	51.05%	50.91%	50.14%	37.61%	35.71%	37.53%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Selling, General & Admin	$3.871B	$3.723B	$3.422B	$3.110B	$3.279B	$3.171B	$3.158B	$3.084B	$3.082B	$3.095B	$3.056B	$3.096B	$3.009B	$2.845B	$2.434B	$2.412B	$2.562B	$2.480B	$2.293B	$880.0M	$678.0M
YoY Change	3.98%	8.8%	10.03%	-5.15%	3.41%	0.41%	2.4%	0.06%	-0.42%	1.28%	-1.29%	2.89%	5.76%	16.89%	0.91%	-5.85%	3.31%	8.16%	160.57%	29.79%
% of Gross Profit	45.79%	50.92%	26.89%	30.63%	31.15%	29.85%	31.75%	33.55%	31.01%	30.01%	32.95%	37.03%	34.85%	36.33%	65.82%	78.08%	57.33%	58.89%	59.89%	33.3%	30.85%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$151.0M	$142.0M	$144.0M	$153.0M	$147.0M	$146.0M	$141.0M	$149.0M	$150.0M	$144.0M	$144.0M	$152.0M	$143.0M	$160.0M	$120.0M	$267.0M	$285.0M	$148.0M	$169.0M	$161.0M	$236.0M	$181.0M
YoY Change	6.34%	-1.39%	-5.88%	4.08%	0.68%	3.55%	-5.37%	-0.67%	4.17%	0.0%	-5.26%	6.29%	-10.63%	33.33%	-55.06%	-6.32%	92.57%	-12.43%	4.97%	-31.78%	30.39%
% of Gross Profit	1.79%	1.94%	1.13%	1.51%	1.4%	1.37%	1.42%	1.62%	1.51%	1.4%	1.55%	1.82%	1.66%	2.04%	3.24%	8.64%	6.38%	3.51%	4.41%	6.09%	10.74%	8.33%
Operating Expenses	$4.097B	$3.931B	$3.559B	$3.397B	$3.466B	$3.493B	$3.425B	$3.499B	$3.436B	$3.462B	$3.263B	$3.382B	$3.406B	$2.959B	$2.651B	$3.345B	$3.113B	$2.952B	$2.724B	$1.479B	$1.280B	$1.217B
YoY Change	4.22%	10.45%	4.77%	-1.99%	-0.77%	1.99%	-2.11%	1.83%	-0.75%	6.1%	-3.52%	-0.7%	15.11%	11.62%	-20.75%	7.45%	5.45%	8.37%	84.18%	15.55%	5.18%
Operating Profit	$4.356B	$3.380B	$9.168B	$6.755B	$7.061B	$7.129B	$6.522B	$5.694B	$6.503B	$6.852B	$6.013B	$4.978B	$5.227B	$4.873B	$1.047B	-$256.0M	$1.356B	$1.259B	$1.105B	$1.164B	$918.0M	$957.0M
YoY Change	28.88%	-63.13%	35.72%	-4.33%	-0.95%	9.31%	14.54%	-12.44%	-5.09%	13.95%	20.79%	-4.76%	7.26%	365.43%	-508.98%	-118.88%	7.7%	13.94%	-5.07%	26.8%	-4.08%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Interest Expense	-$1.122B	-$198.0M	-$191.0M	-$162.0M	-$214.0M	-$245.0M	-$207.0M	-$241.0M	-$387.0M	-$328.0M	-$281.0M	-$276.0M	-$467.0M	-$290.0M	-$127.0M	-$109.0M	-$112.0M	-$101.0M	-$67.00M	-$52.00M	-$45.00M	-$32.00M
YoY Change	466.67%	3.66%	17.9%	-24.3%	-12.65%	18.36%	-14.11%	-37.73%	17.99%	16.73%	1.81%	-40.9%	61.03%	128.35%	16.51%	-2.68%	10.89%	50.75%	28.85%	15.56%	40.63%
% of Operating Profit	-25.76%	-5.86%	-2.08%	-2.4%	-3.03%	-3.44%	-3.17%	-4.23%	-5.95%	-4.79%	-4.67%	-5.54%	-8.93%	-5.95%	-12.13%		-8.26%	-8.02%	-6.06%	-4.47%	-4.9%	-3.34%
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002
Pretax Income	$3.234B	$3.182B	$3.350B	$1.831B	$2.232B	$2.484B	$2.214B	$1.591B	$1.710B	$1.858B	$1.640B	$1.161B	$1.350B	$1.305B	$920.0M	-$425.0M	$1.008B	$797.0M	$745.0M	$1.112B	$873.0M	$925.0M
YoY Change	1.63%	-5.01%	82.96%	-17.97%	-10.14%	12.2%	39.16%	-6.96%	-7.97%	13.29%	41.26%	-14.0%	3.45%	41.85%	-316.47%	-142.16%	26.47%	6.98%	-33.0%	27.38%	-5.62%
Income Tax	$678.0M	$623.0M	$590.0M	$297.0M	$339.0M	$386.0M	$734.0M	$278.0M	$455.0M	$545.0M	$492.0M	$335.0M	$377.0M	$293.0M	$184.0M	-$333.0M	$202.0M	$166.0M	$187.0M	$287.0M	$179.0M	$251.0M
% Of Pretax Income	20.96%	19.58%	17.61%	16.22%	15.19%	15.54%	33.15%	17.47%	26.61%	29.33%	30.0%	28.85%	27.93%	22.45%	20.0%		20.04%	20.83%	25.1%	25.81%	20.5%	27.14%
Net Earnings	$2.556B	$2.559B	$2.760B	$1.534B	$1.893B	$2.098B	$1.480B	$1.313B	$1.562B	$1.619B	$1.334B	$1.029B	$1.010B	$1.152B	$722.0M	-$38.00M	$814.0M	$631.0M	$574.0M	$794.0M	$725.0M	$674.0M
YoY Change	-0.12%	-7.28%	79.92%	-18.96%	-9.77%	41.76%	12.72%	-15.94%	-3.52%	21.36%	29.64%	1.88%	-12.33%	59.56%	-2000.0%	-104.67%	29.0%	9.93%	-27.71%	9.52%	7.57%
Net Earnings / Revenue	15.88%	17.84%	20.53%	12.83%	14.45%	16.23%	12.15%	11.09%	12.8%	13.17%	11.88%	10.03%	9.86%	12.02%	9.58%	-0.54%	9.3%	7.63%	7.52%	11.3%	11.78%	11.63%
Basic Earnings Per Share	$24.18	$22.99	$23.53	$12.39	$14.12	$14.41	$9.60	$7.90	$8.60	$8.45	$6.56	$4.70	$4.62	$3.84
Diluted Earnings Per Share	$23.90	$22.71M	$23.00	$12.20	$13.92	$14.20	$9.44	$7.81	$8.48	$8.30	$6.44	$4.62	$4.53	$3.77	$2.959M	-$0.16	$3.392M	$2.534M	$2.324M	$3.228M	$2.947M	$2.664M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003
Cash & Short-Term Investments	$7.564B	$7.097B	$7.248B	$6.845B	$3.827B	$3.097B	$2.620B	$2.486B	$2.859B	$3.028B	$3.051B	$2.950B	$3.251B	$3.310B	$3.278B	$6.228B	$3.836B	$2.760B	$2.474B	$1.024B	$1.078B
YoY Change	6.58%	-2.08%	5.89%	78.86%	23.57%	18.21%	5.39%	-13.05%	-5.58%	-0.75%	3.42%	-9.26%	-1.78%	0.98%	-47.37%	62.36%	38.99%	11.56%	141.6%	-5.01%
Cash & Equivalents	$7.477B	$6.964B	$7.127B	$6.751B	$3.709B	$2.931B	$2.484B	$2.318B	$2.357B	$2.638B	$2.632B	$2.371B	$2.781B	$2.838B	$3.097B	$6.228B	$3.836B	$2.760B	$2.474B	$1.024B	$1.078B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$15.08B	$15.78B	$16.21B	$7.819B	$7.202B	$6.173B	$5.762B	$5.299B	$5.274B	$5.027B	$4.610B	$4.220B	$4.381B	$4.909B	$4.484B	$3.887B	$3.441B	$3.161B	$2.172B	$2.160B	$1.867B
Other Receivables	$28.00M	$20.00M	$17.00M	$16.00M	$8.000M	$12.00M	$25.00M	$11.00M	$0.00	$0.00	$0.00	$95.00M	$59.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$22.67B	$22.90B	$23.47B	$14.68B	$11.04B	$9.282B	$8.407B	$7.796B	$8.133B	$8.055B	$7.661B	$7.265B	$7.691B	$8.219B	$7.762B	$10.12B	$7.277B	$5.921B	$4.646B	$3.184B	$2.945B
YoY Change	-0.99%	-2.45%	59.88%	33.01%	18.91%	10.41%	7.84%	-4.14%	0.97%	5.14%	5.45%	-5.54%	-6.42%	5.89%	-23.26%	39.0%	22.9%	27.44%	45.92%	8.12%
Property, Plant & Equipment	$958.0M	$926.0M	$919.0M	$861.0M	$877.0M	$635.0M	$626.0M	$607.0M		$667.0M	$705.0M					$824.0M	$849.0M	$705.0M
YoY Change	3.46%	0.76%	6.74%	-1.82%	38.11%	1.44%	3.13%			-5.39%						-2.94%	20.43%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$57.59B	$46.88B	$37.99B	$42.95B	$39.52B	$37.53B	$38.06B	$38.09B	$40.71B	$41.73B	$40.74B	$41.25B	$44.74B	$42.20B	$36.97B	$27.52B	$30.63B	$35.50B	$39.10B	$40.23B	$43.26B
YoY Change	22.85%	23.38%	-11.54%	8.67%	5.3%	-1.38%	-0.08%	-6.45%	-2.43%	2.44%	-1.24%	-7.81%	6.03%	14.13%	34.34%	-10.13%	-13.74%	-9.2%	-2.81%	-7.01%
Other Assets	$4.348B	$5.389B	$5.577B	$5.090B	$5.084B	$5.686B	$5.823B	$5.979B	$5.674B	$5.222B	$5.023B	$4.937B	$4.233B	$6.606B	$5.786B	$6.266B	$5.835B	$5.753B	$5.249B	$11.37B	$5.684B
YoY Change	-19.32%	-3.37%	9.57%	0.12%	-10.59%	-2.35%	-2.61%	5.38%	8.66%	3.96%	1.74%	16.63%	-35.92%	14.17%	-7.66%	7.39%	1.43%	9.6%	-53.81%	99.95%
Total Long-Term Assets	$152.5B	$135.6B	$152.5B	$151.2B	$140.8B	$127.9B	$139.1B	$132.0B	$137.2B	$140.8B	$136.9B	$127.5B	$124.6B	$123.0B	$106.0B	$85.46B	$102.0B	$98.56B	$88.48B	$89.93B	$82.44B
YoY Change	12.5%	-11.11%	0.86%	7.4%	10.05%	-8.01%	5.34%	-3.76%	-2.54%	2.8%	7.41%	2.29%	1.32%	16.02%	24.04%	-16.18%	3.44%	11.4%	-1.62%	9.09%
Total Assets	$175.2B	$158.5B	$176.0B	$165.9B	$151.8B	$137.2B	$147.5B	$139.8B	$145.3B	$148.8B	$144.6B	$134.7B	$132.3B	$131.2B	$113.8B	$95.58B	$109.2B	$104.5B	$93.12B	$93.11B	$85.38B
YoY Change
Accounts Payable	$2.603B	$2.242B	$2.527B	$1.998B	$1.884B	$1.862B	$1.975B	$1.727B	$1.606B	$1.523B	$1.429B	$1.324B	$1.065B	$1.134B	$946.0M	$887.0M	$1.187B	$1.209B	$1.757B	$1.751B	$1.562B
YoY Change	16.1%	-11.28%	26.48%	6.05%	1.18%	-5.72%	14.36%	7.53%	5.45%	6.58%	7.93%	24.32%	-6.08%	19.87%	6.65%	-25.27%	-1.82%	-31.19%	0.34%	12.1%
Accrued Expenses	$325.0M	$317.0M	$341.0M	$254.0M	$243.0M
YoY Change	2.52%	-7.04%	34.25%	4.53%
Deferred Revenue
YoY Change
Short-Term Debt	$37.52B	$30.98B	$20.43B	$17.84B	$14.63B	$11.75B	$10.50B	$10.24B	$8.834B	$7.858B	$7.562B	$7.027B	$10.35B	$9.176B	$8.554B	$8.229B	$6.201B	$6.707B	$6.641B	$0.00	$0.00
YoY Change	21.13%	51.64%	14.49%	21.94%	24.56%	11.83%	2.61%	15.87%	12.42%	3.91%	7.61%	-32.13%	12.84%	7.27%	3.95%	32.7%	-7.54%	0.99%
Long-Term Debt Due	$11.00M
YoY Change
Total Short-Term Liabilities	$40.13B	$33.22B	$23.30B	$20.09B	$16.76B	$13.61B	$12.48B	$11.96B	$10.44B	$9.381B	$8.991B	$8.351B	$11.42B	$10.31B	$9.500B	$9.116B	$7.388B	$7.916B	$8.398B	$1.751B	$1.562B
YoY Change	20.79%	42.6%	15.94%	19.9%	23.15%	9.06%	4.3%	14.59%	11.29%	4.34%	7.66%	-26.87%	10.76%	8.53%	4.21%	23.39%	-6.67%	-5.74%	379.61%	12.1%
Long-Term Debt	$5.554B	$5.184B	$4.996B	$4.744B	$4.725B	$4.610B	$5.097B	$5.236B	$10.22B	$9.929B	$8.456B	$7.384B	$7.571B	$7.852B	$2.249B	$2.027B	$2.018B	$2.244B	$1.833B	$385.0M	$445.0M
YoY Change	7.14%	3.76%	5.31%	0.4%	2.49%	-9.55%	-2.65%	-48.78%	2.96%	17.42%	14.52%	-2.47%	-3.58%	249.13%	10.95%	0.45%	-10.07%	22.42%	376.1%	-13.48%
Other Long-Term Liabilities	$124.8B	$116.5B	$142.0B	$135.2B	$124.6B	$113.4B	$123.9B	$116.3B	$116.3B	$120.2B	$117.9B	$109.3B	$103.6B	$101.8B	$92.15B	$77.97B	$92.01B	$86.40B	$75.20B	$81.82B	$73.75B
YoY Change	7.15%	-17.99%	5.05%	8.48%	9.88%	-8.47%	6.52%	0.07%	-3.28%	1.95%	7.88%	5.46%	1.82%	10.44%	18.19%	-15.27%	6.5%	14.88%	-8.09%	10.94%
Total Long-Term Liabilities	$130.3B	$121.6B	$147.0B	$139.9B	$129.3B	$118.0B	$129.0B	$121.6B	$126.5B	$130.1B	$126.4B	$116.7B	$111.2B	$109.6B	$94.40B	$79.99B	$94.03B	$88.64B	$77.04B	$82.20B	$74.20B
YoY Change	7.15%	-17.25%	5.06%	8.18%	9.59%	-8.52%	6.12%	-3.88%	-2.81%	2.98%	8.3%	4.92%	1.44%	16.12%	18.01%	-14.93%	6.08%	15.06%	-6.29%	10.79%
Total Liabilities	$170.5B	$154.9B	$170.3B	$160.0B	$146.1B	$131.6B	$141.5B	$133.5B	$138.1B	$140.7B	$136.4B	$125.6B	$123.3B	$120.5B	$104.5B	$89.40B	$101.4B	$96.56B	$85.43B	$86.41B	$78.10B
YoY Change	10.08%	-9.07%	6.42%	9.53%	10.99%	-6.97%	5.96%	-3.31%	-1.84%	3.15%	8.55%	1.88%	2.35%	15.3%	16.89%	-11.85%	5.04%	13.02%	-1.13%	10.65%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	105.7M shares	111.3M shares	117.3M shares	123.8M shares	134.1M shares	145.6M shares	154.1M shares	166.3M shares	181.7M shares	191.6M shares	203.2M shares	218.7M shares	241.4M shares	257.4M shares
Diluted Shares Outstanding	107.8M shares	113.7M shares	120.0M shares	125.7M shares	136.0M shares	147.7M shares	156.7M shares	168.2M shares	184.2M shares	195.0M shares	207.1M shares	222.8M shares	246.3M shares	262.3M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $54.466 Billion

About AMERIPRISE FINANCIAL INC

Ameriprise Financial, Inc. operates as a holding company. The company is headquartered in Minneapolis, Minnesota and currently employs 13,800 full-time employees. The company went IPO on 2005-09-15. The firm offers a range of financial planning and advice products and services designed to achieve individual and institutional clients' financial objectives. Its segments include Advice & Wealth Management, Asset Management, and Retirement & Protection Solutions. Advice & Wealth Management segment provides financial planning and advice, as well as service brokerage services, primarily to retail clients through the Company's advisors. Asset Management segment provides investment management, advice and products to retail and institutional clients on a global scale through Columbia Threadneedle Investments brand. Retirement & Protection Solutions segment includes retirement solutions (variable annuities and payout annuities) and Protection Solutions (life and disability insurance). The company offers diversified products and services through brands: Ameriprise Financial, Columbia Threadneedle Investments, and RiverSource.

Industry: Investment Advice Peers: BLUE OWL CAPITAL INC. Bank of New York Mellon Corp BlackRock Inc Blackstone Inc. KKR & Co. Inc. NORTHERN TRUST CORP PRICE T ROWE GROUP INC STATE STREET CORP