Cash flow Ameriprise Financial, Inc.

Equities

AMP

US03076C1062

Investment Management & Fund Operators

Market Closed - Nyse Other stock markets 01:30:02 19/09/2024 am IST			5-day change	1st Jan Change
451.33 ^USD	-0.20%		+3.57%	+18.82%

03/09	Jefferies Adjusts Ameriprise Financial Price Target to $511 From $506, Maintains Buy Rating	MT
30/08	Ameriprise Financial Insider Sold Shares Worth $6,881,234, According to a Recent SEC Filing	MT

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Published financial data: AMERIPRISE FINANCIAL, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	10.15B	10.42B	11.38B	12.38B	12.38B
Interest And Invest. Income (Rev)	1.46B	1.25B	1.68B	1.47B	3.21B
Other Revenues, Total	1.28B	283M	382M	491M	513M
Total Revenues	12.89B	11.96B	13.44B	14.35B	16.1B
Cost of Goods Sold, Total	6.56B	6.14B	5.86B	6.5B	6.67B
Gross Profit	6.32B	5.82B	7.59B	7.84B	9.42B
Selling General & Admin Expenses, Total	3.29B	3.12B	3.4B	3.67B	3.81B
Other Operating Expenses, Total	3.29B	3.12B	3.4B	3.67B	3.81B
Operating Income	3.04B	2.7B	4.18B	4.17B	5.61B
Interest Expense, Total	-1.02B	-865M	-803M	-939M	-1.54B
Net Interest Expenses	-1.02B	-865M	-803M	-939M	-1.54B
Other Non Operating Income (Expenses)	-	-	-	-	-778M
EBT, Excl. Unusual Items	2.02B	1.84B	3.38B	3.23B	3.3B
Merger & Related Restructuring Charges	-	-4M	-32M	-50M	-62M
Gain (Loss) On Sale Of Assets	213M	-	-	-	-
Legal Settlements	-	-	-	-	-
EBT, Incl. Unusual Items	2.23B	1.83B	3.35B	3.18B	3.23B
Income Tax Expense	339M	297M	590M	623M	678M
Earnings From Continuing Operations	1.89B	1.53B	2.76B	2.56B	2.56B
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	1.89B	1.53B	2.76B	2.56B	2.56B
Minority Interest	-	-	-	-	-
Net Income - (IS)	1.89B	1.53B	2.76B	2.56B	2.56B
Net Income to Common Incl Extra Items	1.89B	1.53B	2.76B	2.56B	2.56B
Net Income to Common Excl. Extra Items	1.89B	1.53B	2.76B	2.56B	2.56B
Per Share Items
Net EPS - Basic	14.12	12.39	23.53	22.99	24.18
Basic EPS - Continuing Operations	14.12	12.39	23.53	22.99	24.18
Basic Weighted Average Shares Outstanding	134M	124M	117M	111M	106M
Net EPS - Diluted	13.92	12.2	23	22.51	23.71
Diluted EPS - Continuing Operations	13.92	12.2	23	22.51	23.71
Diluted Weighted Average Shares Outstanding	136M	126M	120M	114M	108M
Normalized Basic EPS	9.41	9.26	18.02	18.15	19.49
Normalized Diluted EPS	9.28	9.12	17.61	17.77	19.11
Dividend Per Share	3.81	4.09	4.43	4.88	5.3
Payout Ratio	26.62	32.4	18.51	20.87	21.52
American Depositary Receipts Ratio (ADR)	0.25	0.25	0.25	0.25	0.25
Supplemental Items
EBITDA	3.22B	2.91B	4.28B	4.27B	-
EBITA	3.08B	2.73B	4.22B	4.22B	5.66B
EBIT	3.04B	2.7B	4.18B	4.17B	5.61B
EBITDAR	3.28B	2.96B	4.34B	4.33B	-
Total Revenues (As Reported)	13.1B	11.96B	13.44B	14.35B	16.1B
Effective Tax Rate - (Ratio)	15.19	16.22	17.61	19.58	20.96
Current Domestic Taxes	611M	590M	630M	602M	642M
Current Foreign Taxes	36M	28M	47M	25M	18M
Total Current Taxes	647M	618M	677M	627M	660M
Deferred Domestic Taxes	-310M	-325M	-65M	2M	31M
Deferred Foreign Taxes	2M	4M	-22M	-6M	-13M
Total Deferred Taxes	-308M	-321M	-87M	-4M	18M
Normalized Net Income	1.26B	1.15B	2.11B	2.02B	2.06B
Interest Capitalized	-	-	-	-	-
Interest on Long-Term Debt	2M	2M	2M	1M	1M
Non-Cash Pension Expense	-4M	-6M	-10M	-11M	-9M
Supplemental Operating Expense Items
General and Administrative Expenses	3.23B	3.06B	3.35B	3.61B	3.75B
Net Rental Expense, Total	58M	57M	57M	61M	55M
Imputed Operating Lease Interest Expense	127M	98.88M	93.17M	122M	171M
Imputed Operating Lease Depreciation	-68.91M	-41.88M	-36.17M	-60.63M	-116M
Stock-Based Comp., G&A Exp. (Total)	-	-	244M	214M	249M
Stock-Based Comp., Other (Total)	188M	213M	-	-	-
Total Stock-Based Compensation	188M	213M	244M	214M	249M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	3.71B	6.75B	7.13B	6.96B	7.48B
Trading Asset Securities, Total	1.46B	1.76B	1.25B	267M	185M
Total Cash And Short Term Investments	5.16B	8.51B	8.38B	7.23B	7.66B
Accounts Receivable, Total	7.2B	7.82B	16.2B	15.78B	15.08B
Total Receivables	7.2B	7.82B	16.2B	15.78B	15.08B
Restricted Cash	2.39B	2.56B	2.8B	2.23B	1.06B
Other Current Assets, Total	3.03B	4.22B	4.46B	2.91B	5.18B
Total Current Assets	17.78B	23.11B	31.84B	28.14B	28.97B
Gross Property Plant And Equipment	2.68B	2.76B	2.92B	2.83B	2.86B
Accumulated Depreciation	-1.8B	-1.9B	-2B	-1.9B	-1.9B
Net Property Plant And Equipment	877M	861M	919M	926M	958M
Long-term Investments	35.72B	37.43B	32.71B	41.22B	53.99B
Goodwill	-	1.18B	1.46B	1.39B	1.41B
Other Intangibles, Total	-	817M	1.11B	1.1B	1.21B
Deferred Tax Assets Long-Term	-	880M	1.09B	1.7B	1.43B
Deferred Charges Long-Term	3.03B	2.84B	3.1B	3.47B	2.85B
Other Long-Term Assets, Total	94.42B	98.77B	104B	80.52B	84.38B
Total Assets	152B	166B	176B	158B	175B
Liabilities
Accounts Payable, Total	1.88B	2B	2.53B	2.24B	2.6B
Accrued Expenses, Total	21M	10M	5M	12M	-
Short-term Borrowings	201M	200M	200M	201M	201M
Current Portion of Long-Term Debt	418M	734M	468M	1.1B	855M
Current Portion of Leases	69M	73M	79M	80M	79M
Other Current Liabilities	4.81B	6.96B	6.61B	3.65B	5.52B
Total Current Liabilities	7.4B	9.97B	9.89B	7.29B	9.26B
Long-Term Debt	3.04B	2.79B	2.79B	2.04B	2.83B
Long-Term Leases	231M	225M	302M	267M	266M
Unearned Revenue Non Current	143M	146M	157M	160M	168M
Other Non Current Liabilities	135B	147B	157B	145B	158B
Total Liabilities	146B	160B	170B	155B	170B
Common Stock, Total	3M	3M	3M	3M	3M
Additional Paid In Capital	8.46B	8.82B	9.22B	9.52B	9.82B
Retained Earnings	14.28B	15.29B	17.52B	19.53B	21.9B
Treasury Stock	-17.28B	-18.88B	-21.07B	-23.09B	-25.24B
Comprehensive Income and Other	262M	629M	3M	-2.35B	-1.77B
Total Common Equity	5.73B	5.87B	5.68B	3.61B	4.73B
Minority Interest	-	-	-	-	-
Total Equity	5.73B	5.87B	5.68B	3.61B	4.73B
Total Liabilities And Equity	152B	166B	176B	158B	175B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	123M	117M	111M	105M	100M
ECS Total Common Shares Outstanding	124M	117M	111M	105M	100M
Book Value / Share	46.22	50.25	51.28	34.32	47.21
Tangible Book Value	5.73B	3.87B	3.12B	1.13B	2.11B
Tangible Book Value Per Share	46.22	33.18	28.12	10.71	21.02
Total Debt	3.96B	4.02B	3.84B	3.69B	4.23B
Net Debt	-1.2B	-4.49B	-4.54B	-3.54B	-3.43B
Debt Equivalent of Unfunded Proj. Benefit Obligation	273M	366M	232M	114M	63M
Debt Equivalent Oper. Leases	464M	456M	456M	488M	440M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Full Time Employees	12.5K	12.3K	12K	13.5K	13.8K
Accumulated Allowance for Doubtful Accounts (Supple)	-	49M	55M	75M	81M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	1.89B	1.53B	2.76B	2.56B	2.56B
Depreciation & Amortization - CF	146M	176M	64M	-85M	-206M
Amortization of Goodwill and Intangible Assets - (CF)	37M	31M	34M	45M	52M
Depreciation & Amortization, Total	183M	207M	98M	-40M	-154M
(Gain) Loss From Sale Of Asset	-313M	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	5M	-25M	-647M	32M	61M
Asset Writedown & Restructuring Costs	-	24M	4M	98M	-16M
Provision for Credit Losses	-	-	-	-	-
(Income) Loss On Equity Investments - (CF)	95M	66M	75M	36M	27M
Stock-Based Compensation (CF)	135M	146M	152M	170M	187M
Other Operating Activities, Total	-308M	-321M	-87M	-4M	18M
Change In Accounts Receivable	324M	-648M	-520M	44M	276M
Change In Accounts Payable	46M	129M	300M	-219M	354M
Change In Income Taxes	-	25M	-308M	116M	-387M
Change In Deferred Taxes	-	334M	4M	4M	-
Change in Other Net Operating Assets	281M	3.15B	1.49B	1.61B	1.76B
Cash from Operations	2.34B	4.62B	3.32B	4.41B	4.68B
Capital Expenditure	-143M	-147M	-120M	-182M	-184M
Cash Acquisitions	-	-	-576M	34M	-
Divestitures	934M	-	-	-	-
Investment in Marketable and Equity Securities, Total	-3.44B	-2.7B	-3.14B	-13.46B	-9.48B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-82M	52M	36M	-38M	-132M
Other Investing Activities, Total	-504M	-99M	-579M	59M	539M
Cash from Investing	-3.23B	-2.89B	-4.38B	-13.58B	-9.26B
Long-Term Debt Issued, Total	497M	878M	1.76B	836M	1.34B
Total Debt Issued	497M	878M	1.76B	836M	1.34B
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-397M	-836M	-1.15B	-514M	-1.04B
Total Debt Repaid	-397M	-836M	-1.15B	-514M	-1.04B
Issuance of Common Stock	3M	3M	1M	-	-
Repurchase of Common Stock	-1.94B	-1.44B	-2.03B	-1.98B	-2.13B
Common Dividends Paid	-504M	-497M	-511M	-534M	-550M
Common & Preferred Stock Dividends Paid	-504M	-497M	-511M	-534M	-550M
Other Financing Activities, Total	3.56B	2.84B	3.65B	10.62B	6.79B
Cash from Financing	1.21B	952M	1.72B	8.43B	4.41B
Foreign Exchange Rate Adjustments	9M	9M	-2M	-68M	31M
Net Change in Cash	330M	2.69B	666M	-814M	-135M
Supplemental Items
Cash Interest Paid	356M	223M	203M	227M	859M
Cash Income Tax Paid (Refund)	609M	236M	986M	500M	1.04B
Levered Free Cash Flow	1.57B	1.69B	-6.34B	1.32B	4.15B
Unlevered Free Cash Flow	2.21B	2.23B	-5.84B	1.9B	5.11B
Change In Net Working Capital	-80M	-269M	8.68B	695M	-1.69B
Net Debt Issued / Repaid	100M	42M	609M	322M	300M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	1.31	1.06	1.53	1.56	2.1
Return on Total Capital	20.23	17.24	26.95	30.51	42.64
Return On Equity %	33.45	26.46	47.78	53.57	59.92
Return on Common Equity	33.45	26.46	47.78	53.57	59.92
Margin Analysis
Gross Profit Margin %	49.07	48.64	56.45	54.67	58.54
SG&A Margin	25.5	26.06	25.31	25.6	23.66
EBITDA Margin %	24.99	24.31	31.86	29.76	-
EBITA Margin %	23.86	22.84	31.38	29.39	35.2
EBIT Margin %	23.57	22.58	31.13	29.07	34.87
Income From Continuing Operations Margin %	14.69	12.83	20.53	17.84	15.88
Net Income Margin %	14.69	12.83	20.53	17.84	15.88
Net Avail. For Common Margin %	14.69	12.83	20.53	17.84	15.88
Normalized Net Income Margin	9.79	9.59	15.72	14.08	12.8
Levered Free Cash Flow Margin	12.18	14.12	-47.18	9.18	25.75
Unlevered Free Cash Flow Margin	17.12	18.64	-43.45	13.27	31.73
Asset Turnover
Asset Turnover	0.09	0.08	0.08	0.09	0.1
Fixed Assets Turnover	17.05	13.76	15.1	15.55	17.09
Receivables Turnover (Average Receivables)	1.52	1.39	0.95	0.77	0.81
Short Term Liquidity
Current Ratio	2.4	2.32	3.22	3.86	3.13
Quick Ratio	1.67	1.64	2.49	3.15	2.46
Operating Cash Flow to Current Liabilities	0.32	0.46	0.34	0.6	0.51
Days Sales Outstanding (Average Receivables)	240.53	263.7	385.34	471.42	452.28
Average Days Payable Outstanding	104.13	115.66	141.04	133.84	132.49
Long Term Solvency
Total Debt/Equity	69.1	68.5	67.56	102.24	89.45
Total Debt / Total Capital	40.86	40.65	40.32	50.55	47.22
LT Debt/Equity