| Fiscal period | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|
| Period End Date | 12/31/2025 | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 |
|---|
| Investment income of savings bank subsidiary | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Investment advisory fees | 6,602.30 | 6,399.70 | 5,747.70 | 5,969.10 | 7,098.10 | 5,693.10 | 5,112.50 | 4,850.60 | 4,287.70 | 3,728.70 |
| Performance-based advisory fees | 37.40 | 59.30 | -- | -- | -- | -- | -- | -- | -- | -- |
| DISTRIBUTION & SERVICING FEES | -- | -- | -- | -- | -- | -- | -- | -- | 147.00 | 141.70 |
| Administrative fees and other income | 593.90 | 588.00 | 550.90 | 573.60 | 573.80 | 513.60 | 505.40 | 522.00 | 358.30 | 352.50 |
| Capital allocation-based income | 81.20 | 46.60 | 161.90 | (54.30) | -- | -- | -- | -- | -- | -- |
| Total revenues | 7,314.80 | 7,093.60 | 6,460.50 | 6,488.40 | 7,671.90 | 6,206.70 | 5,617.90 | 5,372.60 | 4,793.00 | 4,222.90 |
| Depreciation and amortization of property and equipment | -- | -- | -- | -- | -- | -- | -- | -- | 143.60 | 133.40 |
| Goodwill amortization | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Interest expense on savings bank deposits | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| DISTRIBUTION & SERVICING COSTS | 383.50 | 354.10 | 289.90 | 301.50 | 373.90 | 278.50 | 262.50 | 281.20 | 147.00 | 141.70 |
| Compensation and related costs | 2,868.10 | 2,757.90 | 2,673.50 | 2,320.80 | 2,383.00 | 2,182.40 | 1,969.20 | 1,808.60 | 1,664.90 | 1,494.00 |
| Occupancy and facility costs | 723.60 | 644.10 | 632.60 | 560.50 | 484.90 | 444.80 | 427.30 | 383.90 | 194.90 | 172.80 |
| General, administrative, and other | 441.90 | 433.80 | 421.30 | 412.20 | 383.60 | 316.10 | 321.90 | 296.00 | -- | -- |
| Advertising and promotion | 107.40 | 129.60 | 114.20 | 97.30 | 100.20 | 83.70 | 96.80 | 99.60 | 92.00 | 79.90 |
| Restructuring charge | 177.30 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Other operating expenses | -- | -- | -- | -- | -- | -- | -- | -- | (491.80) | (401.50) |
| Nonrecurring charge related to Dell appraisal rights matter | -- | -- | -- | -- | -- | -- | -- | 15.20 | 50.00 | (66.20) |
| Contingent consideration fair value adjustments | -- | 13.40 | 82.40 | 161.20 | -- | -- | -- | -- | -- | -- |
| Product-related costs | (312.90) | (297.50) | (291.00) | (300.10) | (236.30) | (155.50) | (153.20) | (157.10) | -- | -- |
| Acquisition-related amortization and impairment costs | (111.30) | (156.70) | (134.20) | (283.50) | -- | -- | -- | -- | -- | -- |
| Total Operating Expenses | 5,126.00 | 4,760.30 | 4,474.30 | 4,114.70 | 3,961.90 | 3,461.00 | 3,230.90 | 3,011.20 | 2,684.20 | 2,489.50 |
| Net operating income | 2,188.80 | 2,333.30 | 1,986.20 | 2,373.70 | 3,710.00 | 2,745.70 | 2,387.00 | 2,361.40 | 2,108.80 | 1,733.40 |
| Other investment income | 464.90 | 363.20 | 355.20 | (204.70) | 215.80 | 246.80 | 260.40 | 119.20 | 198.30 | 108.00 |
| Net investment income on consolidated sponsored investment portfolios | 219.90 | 130.30 | 164.60 | (203.50) | 74.70 | 251.70 | 272.90 | (92.90) | 193.90 | 121.10 |
| Other interest and credit facility expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Other income (losses) | 1.90 | (7.20) | (15.70) | (17.30) | (5.90) | (2.00) | 7.00 | (3.10) | 4.10 | (2.00) |
| Income before income taxes | 2,875.50 | 2,819.60 | 2,490.30 | 1,948.20 | 3,994.60 | 3,242.20 | 2,927.30 | 2,384.60 | 2,505.10 | 1,960.50 |
| Provision for income taxes | 667.20 | 683.80 | 654.60 | 498.60 | 896.10 | 718.90 | 678.40 | 615.90 | 923.90 | 706.50 |
| U.S. federal and foreign(Current income taxes) | -- | -- | -- | -- | 745.00 | 547.10 | 490.90 | 484.20 | 708.10 | 573.70 |
| State and local(Current income taxes) | -- | -- | -- | -- | 179.30 | 135.20 | 135.90 | 138.70 | 131.00 | 105.80 |
| Deferred income tax benefits | -- | -- | -- | -- | (56.30) | 13.70 | 33.30 | (35.50) | 71.70 | 13.50 |
| Foreign (Current income taxes) | -- | -- | -- | -- | 28.10 | 22.90 | 18.30 | 28.50 | 13.10 | 13.50 |
| Minority interests in consolidated subsidiaries | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Net income | 2,208.30 | 2,135.80 | 1,835.70 | 1,449.60 | 3,098.50 | 2,523.30 | 2,248.90 | 1,768.70 | 1,581.20 | 1,254.00 |
| Less: net income attributable toredeemable non-controlling interests | 121.20 | 35.70 | 47.00 | (108.30) | 15.60 | 150.60 | 117.60 | (68.80) | 83.40 | 39.00 |
| Net income allocated to outstanding restricted stock and stock unit holders | 50.60 | 55.80 | 44.40 | 36.10 | 80.50 | -- | 55.30 | 43.60 | 33.90 | 25.50 |
| Net income allocated to common stockholders | 2,036.50 | 2,044.30 | 1,744.30 | 1,521.80 | 3,002.40 | 2,372.70 | 2,076.00 | 1,793.90 | 1,463.90 | 1,189.50 |
| Net Earnings Per Share (Basic) | 9.26 | 9.18 | 7.78 | 6.73 | 13.25 | 10.08 | 8.82 | 7.41 | 6.07 | 4.85 |
| Net Earnings Per Share (Diluted) | 9.24 | 9.15 | 7.76 | 6.70 | 13.12 | 9.98 | 8.70 | 7.27 | 5.97 | 4.75 |
| Weighted Average Shares Outstanding (Basic) | 220.00 | 222.80 | 224.10 | 226.00 | 226.60 | 228.80 | 235.40 | 242.20 | 241.20 | 245.50 |
| Weighted Average Shares Outstanding (Diluted) | 220.30 | 223.30 | 224.80 | 227.10 | 228.80 | 231.20 | 238.60 | 246.90 | 245.10 | 250.30 |