Tearsheet

Ameriprise Financial (AMP)


Market Price (4/5/2026): $433.78 | Market Cap: $41.0 Bil
Sector: Financials | Industry: Asset Management & Custody Banks

Ameriprise Financial (AMP)


Market Price (4/5/2026): $433.78
Market Cap: $41.0 Bil
Sector: Financials
Industry: Asset Management & Custody Banks

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 10%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.2%, FCF Yield is 20%

Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -141%

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 45%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 44%, CFO LTM is 8.3 Bil, FCF LTM is 8.2 Bil

Low stock price volatility
Vol 12M is 29%

Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments, AI in Financial Services, and Sustainable Finance. Themes include Wealth Management Technology, Show more.

Weak multi-year price returns
2Y Excs Rtn is -24%, 3Y Excs Rtn is -15%

Key risks
AMP key risks include [1] intense competition driving potential asset management outflows.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 10%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 6.2%, FCF Yield is 20%
1 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -141%
2 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 45%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 44%, CFO LTM is 8.3 Bil, FCF LTM is 8.2 Bil
3 Low stock price volatility
Vol 12M is 29%
4 Megatrend and thematic drivers
Megatrends include Fintech & Digital Payments, AI in Financial Services, and Sustainable Finance. Themes include Wealth Management Technology, Show more.
5 Weak multi-year price returns
2Y Excs Rtn is -24%, 3Y Excs Rtn is -15%
6 Key risks
AMP key risks include [1] intense competition driving potential asset management outflows.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Ameriprise Financial (AMP) stock has lost about 10% since 12/31/2025 because of the following key factors:

1. Lowered First-Quarter 2026 Earnings Outlook.

Ameriprise Financial revised its earnings forecast for the first quarter of 2026 downwards. The company anticipates a $6 million decrease in pretax adjusted operating earnings for its Advice & Wealth Management segment due to fewer trading days (61 in Q1 compared to 64 in Q4). Additionally, a combined decline of approximately $28 million in pretax adjusted operating earnings is expected, specifically $18 million for Advice & Wealth Management and $10 million for Asset Management, attributed to a reduction in operational days.

2. Significant Executive Insider Selling.

The company experienced substantial insider selling by executives during the period, with a net value exceeding $35.5 million over the last 90 days. This considerable volume of executive sales can signal a lack of confidence and negatively influence investor perception.

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Stock Movement Drivers

Fundamental Drivers

The -11.3% change in AMP stock from 12/31/2025 to 4/5/2026 was primarily driven by a -11.3% change in the company's P/E Multiple.
(LTM values as of)123120254052026Change
Stock Price ($)488.90433.78-11.3%
Change Contribution By: 
Total Revenues ($ Mil)18,02118,4802.5%
Net Income Margin (%)20.1%19.3%-4.2%
P/E Multiple13.011.5-11.3%
Shares Outstanding (Mil)96951.8%
Cumulative Contribution-11.3%

LTM = Last Twelve Months as of date shown

Market Drivers

12/31/2025 to 4/5/2026
ReturnCorrelation
AMP-11.2% 
Market (SPY)-5.4%44.1%
Sector (XLF)-9.6%75.9%

Fundamental Drivers

The -11.1% change in AMP stock from 9/30/2025 to 4/5/2026 was primarily driven by a -21.9% change in the company's P/E Multiple.
(LTM values as of)93020254052026Change
Stock Price ($)488.10433.78-11.1%
Change Contribution By: 
Total Revenues ($ Mil)17,62718,4804.8%
Net Income Margin (%)18.3%19.3%5.4%
P/E Multiple14.711.5-21.9%
Shares Outstanding (Mil)97953.0%
Cumulative Contribution-11.1%

LTM = Last Twelve Months as of date shown

Market Drivers

9/30/2025 to 4/5/2026
ReturnCorrelation
AMP-11.1% 
Market (SPY)-2.9%48.1%
Sector (XLF)-7.7%72.7%

Fundamental Drivers

The -9.2% change in AMP stock from 3/31/2025 to 4/5/2026 was primarily driven by a -17.4% change in the company's P/E Multiple.
(LTM values as of)33120254052026Change
Stock Price ($)477.89433.78-9.2%
Change Contribution By: 
Total Revenues ($ Mil)17,26418,4807.0%
Net Income Margin (%)19.7%19.3%-2.1%
P/E Multiple13.911.5-17.4%
Shares Outstanding (Mil)99954.9%
Cumulative Contribution-9.2%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2025 to 4/5/2026
ReturnCorrelation
AMP-9.2% 
Market (SPY)16.3%72.3%
Sector (XLF)0.5%83.7%

Fundamental Drivers

The 47.6% change in AMP stock from 3/31/2023 to 4/5/2026 was primarily driven by a 29.6% change in the company's Total Revenues ($ Mil).
(LTM values as of)33120234052026Change
Stock Price ($)293.89433.7847.6%
Change Contribution By: 
Total Revenues ($ Mil)14,25818,48029.6%
Net Income Margin (%)22.1%19.3%-12.7%
P/E Multiple10.211.513.3%
Shares Outstanding (Mil)1099515.1%
Cumulative Contribution47.6%

LTM = Last Twelve Months as of date shown

Market Drivers

3/31/2023 to 4/5/2026
ReturnCorrelation
AMP47.7% 
Market (SPY)63.3%66.4%
Sector (XLF)60.9%80.0%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
AMP Return58%5%24%42%-7%-11%143%
Peers Return50%3%6%33%21%-10%133%
S&P 500 Return27%-19%24%23%16%-4%75%

Monthly Win Rates [3]
AMP Win Rate75%50%42%75%42%25% 
Peers Win Rate67%57%52%68%58%35% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
AMP Max Drawdown-4%-25%-9%-2%-20%-12% 
Peers Max Drawdown-2%-24%-22%-9%-16%-13% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: MS, LPLA, RJF, SCHW, BLK. See AMP Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 4/2/2026 (YTD)

How Low Can It Go

Unique KeyEventAMPS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-32.1%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven47.3%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven119 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-53.9%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven116.8%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven231 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-46.4%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven86.6%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven686 days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-81.5%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven440.8%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1,526 days1,480 days

Compare to MS, LPLA, RJF, SCHW, BLK

In The Past

Ameriprise Financial's stock fell -32.1% during the 2022 Inflation Shock from a high on 1/14/2022. A -32.1% loss requires a 47.3% gain to breakeven.

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About Ameriprise Financial (AMP)

Ameriprise Financial, Inc., through its subsidiaries, provides various financial products and services to individual and institutional clients in the United States and internationally. It operates through four segments: Advice & Wealth Management, Asset Management, Retirement & Protection Solutions, and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice; brokerage products and services for retail and institutional clients; discretionary and non-discretionary investment advisory accounts; mutual funds; insurance and annuities products; cash management and banking products; and face-amount certificates. The Asset Management segment offers investment management and advice, and investment products to retail, high net worth, and institutional clients through unaffiliated third-party financial institutions and institutional sales force. This segment products also include U.S. mutual funds and their non-U.S. equivalents, exchange-traded funds, variable product funds underlying insurance, and annuity separate accounts; and institutional asset management products, such as traditional asset classes, separately managed accounts, individually managed accounts, collateralized loan obligations, hedge funds, collective funds, and property and infrastructure funds. The Retirement & Protection Solutions segment provides variable annuity products to individual clients, as well as life and DI insurance products to retail clients. The company was formerly known as American Express Financial Corporation and changed its name to Ameriprise Financial, Inc. in September 2005. Ameriprise Financial, Inc. was founded in 1894 and is headquartered in Minneapolis, Minnesota.

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  • Like **Fidelity Investments**, but with a more prominent business manufacturing its own insurance and annuity products.
  • Similar to **Edward Jones** for personalized financial advice, but also operating as a large investment manager and an insurance company.

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  • Financial Planning & Advice: Provides comprehensive financial planning and investment advisory services.
  • Wealth Management Services: Offers brokerage services, discretionary and non-discretionary investment accounts, and cash management products.
  • Investment Funds: Manages and distributes various investment products including mutual funds, exchange-traded funds, and variable product funds.
  • Annuities: Provides a range of annuity products, including variable annuities, for retirement planning and income.
  • Insurance: Offers life insurance and disability income insurance products.
  • Institutional Asset Management: Delivers investment management products and strategies for institutional clients across traditional and alternative asset classes.
  • Face-Amount Certificates: Issues specific investment certificates that mature to a predetermined value.

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Major Customers of Ameriprise Financial (AMP)

Ameriprise Financial, Inc. primarily serves a diverse base of individual clients, alongside a significant segment of institutional clients. Based on the services and products described, its customer base can be categorized as follows:

  • Retail Clients: This category includes individual clients who seek a wide array of financial planning and advice services, brokerage products, mutual funds, insurance, annuities, cash management, and banking products. This segment is served through the Advice & Wealth Management and Retirement & Protection Solutions segments.
  • High Net Worth Clients: These are individuals with substantial assets who require more specialized investment management and advice. They are served through the Asset Management segment, which offers sophisticated products like separately managed accounts and individually managed accounts.
  • Institutional Clients: This category encompasses various organizations such as pension funds, endowments, corporations, and other financial institutions. Ameriprise provides them with investment management and advice, as well as a range of institutional asset management products including traditional asset classes, collateralized loan obligations (CLOs), hedge funds, collective funds, and property and infrastructure funds, primarily through its Advice & Wealth Management and Asset Management segments.

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James M. Cracchiolo, Chairman and Chief Executive Officer

James M. Cracchiolo has served as Chairman and Chief Executive Officer of Ameriprise Financial, Inc. and its predecessor firm since 2000. With over 45 years of experience in financial services, he led the spin-off of American Express Financial Advisors from American Express in 2005, establishing Ameriprise Financial as an independent, publicly traded company, which was the sixth-largest spin-off in U.S. history at the time. Prior to this, he held various executive positions at American Express, including Group President of American Express Global Financial Services (2000-2005), Chairman and CEO of American Express Financial Advisors, Chairman of American Express International Bank, and CEO of Travel Related Services International. He also served as Executive Vice President and Chief Financial Officer of Shearson Lehman Brothers from 1990 to 1993.

Walter S. Berman, Executive Vice President and Chief Financial Officer

Walter S. Berman is the Executive Vice President and Chief Financial Officer of Ameriprise Financial, a role he has held since the company's spin-off in 2005. He joined American Express, Ameriprise's former parent company, in 1965 and served until 1996 in various capacities, including Senior Vice President and Treasurer of American Express Travel Related Services, Chief Financial Officer of American Express International, and American Express treasurer. He also held senior financial positions at other major companies, such as Treasurer of IBM (1999-2000) and Chief Financial Officer of Global Vacation Group (1997-1999), and CFO at Walker Digital Corporation and Walker Digital LLC since 2000, before rejoining American Express in 2001. He served as EVP & CFO of American Express Financial Corporation starting in January 2003 and Corporate Treasurer of American Express from April 2001 to January 2004.

Gumer Alvero, President – Insurance & Annuities

Gumer Alvero serves as the President of Insurance & Annuities for Ameriprise Financial. He has held various leadership roles within Ameriprise Financial and its predecessor, American Express Financial Corporation, since 1989. His previous positions include Executive/Senior Vice President and Managing Director of the Annuity Products Group from 2006 to 2021, and Vice President and Managing Director of the Annuity Products Group from 1998 to 2006. He also served as Executive Assistant to the President/CEO of American Express Financial Corp. from 1996 to 1998.

William Davies, Global Chief Investment Officer, Columbia Threadneedle Investments

William Davies is the Global Chief Investment Officer for Columbia Threadneedle Investments, Ameriprise Financial's global asset management group. He assumed this role in January 2022, following his tenure as EMEA CIO and global head of equities. Davies joined Threadneedle Asset Management Limited at its inception in 1994, holding positions such as head of EMEA equities and head of European equities. His career in the investment community began in 1985, and he previously worked for Eagle Star Investments and led the European equity team at Hambros Bank.

Kelli Hunter Petruzillo, Executive Vice President - Human Resources

Kelli Hunter Petruzillo is the Executive Vice President of Human Resources at Ameriprise Financial, having joined the company in June 2005. In this role, she leads the global Human Resources function, focusing on workforce planning, talent development, compensation, benefits, and diversity, equity, and inclusion initiatives. Prior to Ameriprise, she held senior-level HR positions at Crown Castle International, Software Spectrum, Inc., and Mary Kay, Inc. She also has previous experience in financial services with Morgan Stanley and Shearson Lehman Brothers.

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Ameriprise Financial (AMP) faces several key risks to its business operations. These risks are primarily driven by the nature of the financial services industry and the broader economic environment.

The most significant risk to Ameriprise Financial is its inherent **market sensitivity and exposure to economic fluctuations**. The company's performance is directly tied to overall market conditions and economic factors, making it vulnerable to market volatility, geopolitical events, and shifts in consumer behavior. Market downturns can lead to reduced client activity, directly impacting fee-based revenue streams. Elevated volatility and potential outflows of client assets, particularly towards passive investment strategies, could further pressure revenues and earnings. Interest rate movements are also a significant component of this risk.

Secondly, Ameriprise Financial operates within an **intensely competitive industry**. The company faces significant challenges from both traditional financial institutions and new fintech firms. Competitors with larger economies of scale, more aggressive pricing strategies, or superior technological capabilities could erode Ameriprise's market share. This competitive pressure extends to various segments, including wealth management, asset management, and insurance and annuity products. The firm also faces ongoing competition in advisor recruiting and potential fee pressure from large clients.

Finally, **regulatory complexity and compliance obligations** represent a substantial risk. Ameriprise Financial must navigate a complex and evolving landscape of laws and regulations across various jurisdictions. This regulatory environment increases operational and compliance costs and can limit the company's ability to execute certain business strategies. Continuous adaptation to evolving regulations, particularly in areas like privacy, sustainability, and responsible investing, is a constant challenge. The risk of regulatory and compliance missteps, including potential fines, also remains a concern.

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The clear emerging threats for Ameriprise Financial (AMP) are:

  • The rise of robo-advisors and digital-first investment platforms, which offer lower-cost, automated alternatives to traditional financial planning and advisory services, potentially impacting Ameriprise's Advice & Wealth Management segment.
  • The accelerating shift towards passive investment vehicles, such as exchange-traded funds (ETFs) and index funds, from actively managed funds, which puts pressure on fees and demand for Ameriprise's Asset Management segment.

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Ameriprise Financial's main products and services operate within several large addressable markets:

  • Wealth Management: The global wealth management market was valued at approximately USD 1.83 trillion in 2024 and is projected to grow to USD 2.09 trillion in 2025. Another estimate indicates the global wealth management market was valued at around USD 1.64 trillion in 2024 and is projected to reach USD 4.89 trillion by 2034. The total global investable wealth is projected to increase from US$345 trillion in 2024 to US$482 trillion by 2030. In the U.S., there were approximately 326,000 personal financial advisors in 2024, with this number projected to grow by 10% by 2034.
  • Asset Management: Global assets under management (AUM) reached $135 trillion in 2024 and $147 trillion by June 2025. PwC projects global AUM to surge from US$139 trillion in 2024 to US$200 trillion by 2030. Specifically for North America, the asset management market share was USD 202.22 billion in 2024, with the U.S. market estimated to reach USD 184.89 billion in 2025 and projected to reach USD 211.48 billion by 2026. The U.S. asset management market size is projected at USD 70.97 trillion in 2026 and USD 125.98 trillion by 2031.
  • Mutual Funds: The global mutual fund assets market was valued at USD 70.37 trillion in 2024 and is projected to reach USD 78.47 trillion in 2025. The United States mutual funds market was valued at USD 34.58 trillion in 2024 and is expected to reach USD 43.25 trillion by 2030. The total net assets in the USA mutual fund market were US$28.5 trillion at year-end 2024.
  • Exchange-Traded Funds (ETFs): Global ETF assets under management (AUM) reached US$14.8 trillion by Q4 2024 and hit US$19.5 trillion in 2025. The global ETF industry's assets reached a new record of USD19.85 trillion at the end of December 2025. ETFGI reported global ETF assets reaching a new all-time high of $18.81 trillion at the end of September 2025. Global ETF AUM is projected to reach US$25 trillion by 2030.
  • Annuities: In the U.S., individual annuity sales reached a new record of $432.4 billion in 2024 and further increased to $461.3 billion in 2025.
  • Life Insurance: The United States life insurance market reached approximately USD 1.46 trillion in 2024. The U.S. life insurance market size was estimated at USD 1.93 trillion in 2024 and is predicted to be worth around USD 4.74 trillion by 2034. Total new annualized premium for individual life insurance in the U.S. increased to $15.9 billion in 2024. The global life insurance market was valued at US$ 7.59 billion in 2024 and is expected to reach US$ 16.53 trillion by 2033.
  • Disability Income (DI) Insurance: The U.S. disability insurance market was valued at USD 1.7 billion in 2024 and is anticipated to reach approximately USD 4.6 billion by 2034. Individual disability insurance (IDI) sales premiums in the U.S. exceeded $5.4 billion in 2024.

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Here are 3-5 expected drivers of future revenue growth for Ameriprise Financial (AMP) over the next 2-3 years: * Growth in Client Assets and Assets Under Management (AUM): Ameriprise Financial anticipates continued revenue growth through increased client assets and assets under management. This growth is expected to be fueled by strong organic client flows, new client additions, and the positive impact of equity market appreciation. For instance, in Q4 2025, total client assets grew 13% to a record $1.2 trillion, with strong client flows of $13.3 billion. * Enhanced Advisor Productivity and Recruitment: The company is focused on boosting revenue by increasing advisor productivity and actively recruiting experienced financial advisors. Initiatives such as an integrated technology platform and comprehensive practice support contribute to higher revenue per advisor. In Q4 2025, experienced advisor recruiting remained strong with 91 advisors joining, and adjusted operating net revenue per advisor reached a new high of $1.1 million, up 8%. * Expansion of Banking Products and Services: Ameriprise is expanding its banking offerings, which is expected to open additional revenue streams. The rollout of products like home equity lines of credit and checking accounts complements its existing financial services, providing a more comprehensive banking suite. * Investments in Technology and Digital Capabilities: Continued investments in technology, digital platforms, artificial intelligence (AI), and cloud infrastructure are slated to drive future revenue growth. These investments enhance client and advisor experiences, improve operational efficiency, and support organic growth, with the Signature Wealth platform cited as a key driver.

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Share Repurchases

  • Ameriprise Financial authorized an additional $4.5 billion for share repurchases on April 24, 2025, with this authorization valid through June 30, 2027.
  • As of April 23, 2025, approximately $138 million remained available from a previous share repurchase authorization from July 2023.
  • For the full year 2025, the company returned $3.4 billion of capital to shareholders, which included share repurchases. In the fourth quarter of 2025, $1.1 billion was returned to shareholders, representing 101% of adjusted operating earnings.

Share Issuance

  • Ameriprise Financial's shares outstanding have shown a decline over the past few years, with 2024 shares outstanding at 0.103 billion, representing a 4.55% decline from 2023.
  • Shares outstanding for the quarter ending December 31, 2025, were 0.096 billion, marking a 6.41% year-over-year decline.

Outbound Investments

  • Ameriprise Financial made a $120 million acquisition in January 2026.
  • The company has made strategic investments in technology, digital capabilities, artificial intelligence (AI), and cloud infrastructure to drive organic growth.

Capital Expenditures

  • For the three months ending September 2025, Ameriprise Financial's capital expenditure was -$44.00 million.
  • Capital expenditures are strategically focused on investments in technology, digital capabilities, and AI to enhance advisor productivity and new product development.

Trade Ideas

Select ideas related to AMP.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
HBAN_3312026_Insider_Buying_45D_2Buy_200K03312026HBANHuntington BancsharesInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
0.0%0.0%0.0%
NP_3312026_Insider_Buying_45D_2Buy_200K03312026NPNeptune InsuranceInsiderInsider Buys 45DStrong Insider Buying
Companies with multiple insider buys in the last 45 days
0.0%0.0%0.0%
JKHY_3272026_Monopoly_xInd_xCD_Getting_Cheaper03272026JKHYJack Henry & AssociatesMonopolyMY | Getting CheaperMonopoly-Like with P/S Decline
Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple
3.1%3.1%0.0%
MKTX_3202026_Dip_Buyer_FCFYield03202026MKTXMarketAxessDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-5.2%-5.2%-5.7%
RYAN_3202026_Insider_Buying_GTE_1Mil_EBITp+DE_V203202026RYANRyan SpecialtyInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
-2.7%-2.7%-8.5%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

AMPMSLPLARJFSCHWBLKMedian
NameAmeripri.Morgan S.LPL Fina.Raymond .Charles .BlackRock 
Mkt Price433.78166.27294.01142.2193.69968.42230.14
Mkt Cap41.0260.223.528.0165.9150.295.6
Rev LTM18,48065,96616,98914,03023,92124,21621,200
Op Inc LTM--1,553--7,9094,731
FCF LTM8,161-20,787-9821,4018,7633,5522,476
FCF 3Y Avg6,360-19,945-3861,2059,9004,0252,615
CFO LTM8,323-17,889-4111,5949,3113,9272,760
CFO 3Y Avg6,534-16,6881261,40010,5234,3492,875

Growth & Margins

AMPMSLPLARJFSCHWBLKMedian
NameAmeripri.Morgan S.LPL Fina.Raymond .Charles .BlackRock 
Rev Chg LTM7.0%14.5%37.2%6.7%22.0%18.7%16.6%
Rev Chg 3Y Avg9.0%9.7%25.8%8.9%5.6%11.0%9.4%
Rev Chg Q10.2%11.4%40.4%5.4%18.9%23.4%15.2%
QoQ Delta Rev Chg LTM2.5%2.7%9.1%1.4%4.4%5.8%3.5%
Op Mgn LTM--9.1%--32.7%20.9%
Op Mgn 3Y Avg--12.9%--35.0%24.0%
QoQ Delta Op Mgn LTM---0.3%---1.1%-0.7%
CFO/Rev LTM45.0%-27.1%-2.4%11.4%38.9%16.2%13.8%
CFO/Rev 3Y Avg37.8%-30.3%1.6%10.4%52.2%21.3%15.9%
FCF/Rev LTM44.2%-31.5%-5.8%10.0%36.6%14.7%12.3%
FCF/Rev 3Y Avg36.8%-36.0%-2.3%8.9%49.1%19.7%14.3%

Valuation

AMPMSLPLARJFSCHWBLKMedian
NameAmeripri.Morgan S.LPL Fina.Raymond .Charles .BlackRock 
Mkt Cap41.0260.223.528.0165.9150.295.6
P/S2.23.91.42.06.96.23.1
P/EBIT8.5-15.2--18.215.2
P/E11.515.427.313.418.727.117.1
P/CFO4.9-14.5-57.217.617.838.311.3
Total Yield10.1%6.5%4.1%7.5%5.3%5.9%6.2%
Dividend Yield1.5%0.0%0.4%0.0%0.0%2.2%0.2%
FCF Yield 3Y Avg13.7%-11.1%-1.3%3.8%7.2%2.8%3.3%
D/E0.11.40.30.20.20.10.2
Net D/E-1.41.00.3-0.4-0.50.0-0.2

Returns

AMPMSLPLARJFSCHWBLKMedian
NameAmeripri.Morgan S.LPL Fina.Raymond .Charles .BlackRock 
1M Rtn-6.7%3.7%-6.1%-6.1%-1.6%1.4%-3.9%
3M Rtn-11.9%-8.1%-18.6%-12.7%-7.4%-10.3%-11.1%
6M Rtn-11.3%6.7%-6.4%-14.1%0.2%-15.7%-8.8%
12M Rtn4.1%71.0%4.1%16.5%37.3%20.2%18.3%
3Y Rtn52.2%118.0%56.2%66.2%98.4%58.3%62.3%
1M Excs Rtn-3.3%3.4%-1.5%-4.4%1.7%-3.0%-2.2%
3M Excs Rtn-7.4%-2.0%-13.8%-7.0%-2.1%-5.2%-6.1%
6M Excs Rtn-8.4%9.1%-5.2%-11.8%4.1%-12.3%-6.8%
12M Excs Rtn-26.9%30.6%-28.8%-12.5%5.3%-12.2%-12.4%
3Y Excs Rtn-14.6%50.3%-16.6%-3.2%16.1%-5.1%-4.1%

Comparison Analyses

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Financials

Segment Financials

Assets by Segment
$ Mil20252024202320222021
Retirement & Protection Solutions116,609108,45198,901119,469114,850
Advice & Wealth Management41,51442,98335,13224,98621,266
Corporate & Other15,93016,46916,85220,53421,361
Asset Management7,3507,2887,96710,9908,406
Total181,403175,191158,852175,979165,883


Price Behavior

Price Behavior
Market Price$433.94 
Market Cap ($ Bil)41.1 
First Trading Date09/15/2005 
Distance from 52W High-20.2% 
   50 Days200 Days
DMA Price$473.98$488.23
DMA Trenddowndown
Distance from DMA-8.4%-11.1%
 3M1YR
Volatility31.4%27.5%
Downside Capture0.820.77
Upside Capture111.0297.74
Correlation (SPY)43.1%69.6%
AMP Betas & Captures as of 3/31/2026

 1M2M3M6M1Y3Y
Beta0.440.941.091.021.121.11
Up Beta-0.760.401.010.451.071.13
Down Beta0.500.290.921.101.201.20
Up Capture40%108%115%103%98%108%
Bmk +ve Days7162765139424
Stock +ve Days11203471140411
Down Capture63%141%124%117%115%102%
Bmk -ve Days12233358110323
Stock -ve Days11222955112340

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AMP
AMP-10.1%29.4%-0.36-
Sector ETF (XLF)0.6%19.2%-0.0983.8%
Equity (SPY)16.1%19.0%0.6772.3%
Gold (GLD)50.5%28.0%1.46-2.4%
Commodities (DBC)16.2%17.7%0.7724.8%
Real Estate (VNQ)3.6%16.5%0.0447.1%
Bitcoin (BTCUSD)-21.5%44.0%-0.4229.1%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AMP
AMP15.0%27.7%0.52-
Sector ETF (XLF)9.4%18.7%0.3985.2%
Equity (SPY)11.6%17.0%0.5373.2%
Gold (GLD)21.7%17.8%1.00-1.4%
Commodities (DBC)11.6%18.8%0.5120.5%
Real Estate (VNQ)3.3%18.8%0.0850.4%
Bitcoin (BTCUSD)3.9%56.5%0.2927.9%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with AMP
AMP19.2%33.9%0.61-
Sector ETF (XLF)12.6%22.2%0.5287.7%
Equity (SPY)14.0%17.9%0.6777.8%
Gold (GLD)14.0%15.9%0.73-4.5%
Commodities (DBC)8.4%17.6%0.4029.3%
Real Estate (VNQ)5.2%20.7%0.2258.4%
Bitcoin (BTCUSD)66.2%66.8%1.0619.7%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date3132026
Short Interest: Shares Quantity2.9 Mil
Short Interest: % Change Since 2282026-13.8%
Average Daily Volume0.6 Mil
Days-to-Cover Short Interest4.8 days
Basic Shares Quantity94.6 Mil
Short % of Basic Shares3.0%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
1/29/20264.3%9.5%-5.6%
10/30/2025-5.1%-4.1%-4.6%
7/24/2025-3.7%-3.2%-5.6%
4/24/20250.5%-0.2%8.1%
1/29/2025-4.7%-6.4%-6.3%
10/23/2024-3.1%-1.2%9.9%
7/24/20244.1%1.4%2.6%
4/22/2024-3.2%-1.2%3.4%
...
SUMMARY STATS   
# Positive131316
# Negative11118
Median Positive3.0%4.2%7.6%
Median Negative-3.2%-1.9%-5.6%
Max Positive13.5%12.9%46.3%
Max Negative-7.3%-6.4%-6.8%

SEC Filings

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Report DateFiling DateFiling
12/31/202502/19/202610-K
09/30/202510/31/202510-Q
06/30/202508/05/202510-Q
03/31/202505/02/202510-Q
12/31/202402/20/202510-K
09/30/202411/01/202410-Q
06/30/202408/06/202410-Q
03/31/202405/06/202410-Q
12/31/202302/22/202410-K
09/30/202311/02/202310-Q
06/30/202308/08/202310-Q
03/31/202305/02/202310-Q
12/31/202202/23/202310-K
09/30/202211/02/202210-Q
06/30/202208/01/202210-Q
03/31/202205/02/202210-Q

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Sharpe, Robert Francis JrTrust for Family MemberSell11252025450.941,500676,4183,382,088Form
2Melloh, Heather JEVP AND GENERAL COUNSELDirectSell9082025512.341,500768,5021,312,602Form
3Truscott, William FCEO, GLOBAL ASSET MANAGEMENTLLCSell8212025506.899,9295,032,9345,599,639Form
4Smyth, Gerard PEVP & CIODirectSell3192025259.53974252,7822,340,961Form
5Cracchiolo, James MCHAIRMAN AND CEODirectSell3192025144.5633,6924,870,66419,191,213Form