Ameriprise Financial, Inc. (AMP) Key Metrics

NYSE: AMPValuation, returns, debt and efficiency ratios over 10 years.

AMP valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$44.24B
Enterprise value
$40.70B
P/E (TTM)
12.1
10-yr median 13.7
Forward P/E
9.8
PEG ratio
1.41
Price / sales
2.2
10-yr median 2.3
Price / book
7.0
10-yr median 5.3
EV / EBITDA
—
Dividend yield
1.36%
$6.80 a year
Beta
1.16

AMP key metrics, 2016–2025

Fiscal year ended December 31, 2025 · U.S. dollars

AMP valuation Price multiples at each fiscal year-end price.

P/E ratio−17.7%
13.3
2025 · hover or tap a bar for each year
2016: 14.2 (+13.2%)2017: 17.9 (+26.4%)2018: 7.3 (−59.1%)2019: 12.0 (+62.9%)2020: 15.9 (+33.1%)2021: 10.6 (−33.5%)2022: 11.2 (+6.1%)2023: 16.0 (+42.5%)2024: 16.1 (+0.6%)2025: 13.3 (−17.7%)
20162025
Price / sales−21.3%
2.5
2025 · hover or tap a bar for each year
2016: 1.6 (−2.8%)2017: 2.2 (+36.3%)2018: 1.2 (−45.0%)2019: 1.7 (+46.2%)2020: 2.1 (+18.2%)2021: 2.7 (+31.8%)2022: 2.5 (−8.2%)2023: 2.6 (+6.1%)2024: 3.2 (+20.4%)2025: 2.5 (−21.3%)
20162025
Price / book−31.2%
7.2
2025 · hover or tap a bar for each year
2016: 3.0 (+8.8%)2017: 4.4 (+49.4%)2018: 2.8 (−37.7%)2019: 4.0 (+43.3%)2020: 4.2 (+5.3%)2021: 6.1 (+46.3%)2022: 9.3 (+52.8%)2023: 8.7 (−7.0%)2024: 10.5 (+21.0%)2025: 7.2 (−31.2%)
20162025
Price / free cash flow−32.2%
5.8
2025 · hover or tap a bar for each year
2016: 9.9 (+23.6%)2017: 17.3 (+73.8%)2018: 6.3 (−63.3%)2019: 10.3 (+62.8%)2020: 5.5 (−47.1%)2021: 11.3 (+107.0%)2022: 8.4 (−25.8%)2023: 9.1 (+8.6%)2024: 8.5 (−6.2%)2025: 5.8 (−32.2%)
20162025
Free cash flow yield+5.6 pts
17.3%
2025 · hover or tap a bar for each year
2016: 10.1% (−2.4 pts)2017: 5.8% (−4.3 pts)2018: 15.8% (+10.0 pts)2019: 9.7% (−6.1 pts)2020: 18.3% (+8.6 pts)2021: 8.9% (−9.5 pts)2022: 11.9% (+3.1 pts)2023: 11.0% (−0.9 pts)2024: 11.7% (+0.7 pts)2025: 17.3% (+5.6 pts)
20162025

AMP valuation history

Fiscal year-endToday10-year median

AMP returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

AMP debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

AMP cash returned to shareholders

DividendsBuybacksFree cash flow

AMP price vs earnings per share

Share price at year-endEPS (right axis)

AMP key metrics

2016–2025
Ameriprise Financial, Inc. key metrics by fiscal year
2025202420232022202120202019201820172016
Valuation
Market capitalization$47.22B$54.79B$40.95B$35.40B$36.20B$24.43B$22.65B$15.42B$26.56B$18.66B
Enterprise value−$10.61B−$416.0M−$12.43B−$7.12B$2.10B−$13.76B−$9.38B−$13.93B−$1.69B−$9.11B
P/E ratio13.316.116.011.210.615.912.07.317.914.2
Price / sales2.53.22.62.52.72.11.71.22.21.6
Price / book7.210.58.79.36.14.24.02.84.43.0
Price / free cash flow5.88.59.18.411.35.510.36.317.39.9
Price / operating cash flow5.78.38.78.010.95.39.75.915.69.5
EV / sales-0.6-0.0-0.8-0.50.2-1.2-0.7-1.1-0.1-0.8
EV / EBITDA————0.5—————
EV / free cash flow————0.7—————
Earnings yield7.5%6.2%6.2%8.9%9.4%6.3%8.4%13.6%5.6%7.0%
Free cash flow yield17.3%11.7%11.0%11.9%8.9%18.3%9.7%15.8%5.8%10.1%
Dividend yield1.3%1.0%1.3%1.5%1.4%2.0%2.2%3.3%1.8%2.6%
Shareholder yield (dividends + buybacks)7.4%5.5%6.5%7.1%7.0%7.9%10.8%13.9%7.4%11.7%
Share price at fiscal year-end$490.34$532.43$379.83$311.37$301.66$194.33$166.58$104.37$169.47$110.94
Per share
Revenue per share$196.39$167.77$144.11$125.40$111.47$94.66$95.95$87.87$78.48$70.01
Earnings per share$37.00$33.05$23.71$27.70$28.48$12.20$13.92$14.20$9.44$7.81
Operating cash flow per share$86.43$64.09$43.46$38.76$27.71$36.78$17.21$17.58$10.86$11.72
Free cash flow per share$84.75$62.38$41.75$37.16$26.71$35.61$16.16$16.49$9.82$11.17
Cash per share$661.41$589.65$548.48$421.35$327.48$343.10$271.74$231.25$214.08$197.41
Book value per share$68.01$50.81$43.87$33.45$49.51$46.67$42.12$37.83$38.26$37.41
Tangible book value per share$28.70$25.81$19.54$11.59$28.11$30.82$27.49$29.21$29.88$30.20
Dividends per share$6.19$5.58$5.10$4.70$4.26$3.95$3.71$3.43$3.13$2.85
Capex per share$1.68$1.71$1.71$1.60$1.00$1.17$1.05$1.10$1.03$0.55
Debt per share$60.87$53.18$53.39$47.36$43.30$39.33$36.22$32.57$33.80$32.32
Shares outstanding96.3M102.9M107.8M113.7M120.0M125.7M136.0M147.7M156.7M168.2M
Change in shares outstanding−6.4%−4.5%−5.2%−5.2%−4.5%−7.6%−7.9%−5.7%−6.8%−8.7%
Returns & profitability
Return on equity (ROE)60.5%68.3%59.9%64.6%57.9%26.5%33.5%36.2%24.1%19.5%
Return on assets (ROA)1.9%1.9%1.5%1.9%2.0%1.0%1.3%1.5%1.0%0.9%
Return on tangible assets1.9%1.9%1.5%2.0%2.0%0.9%1.3%1.5%1.0%0.9%
Free cash flow margin43.2%37.2%29.0%29.6%24.0%37.6%16.8%18.8%12.5%16.0%
Income quality (OCF / net income)2.341.941.831.400.973.011.241.241.151.50
Financial health
Total debt$5.86B$5.47B$5.75B$5.38B$5.20B$4.94B$4.93B$4.81B$5.30B$5.44B
Cash & short-term investments$63.69B$60.67B$59.13B$47.91B$39.30B$43.13B$36.96B$34.16B$33.55B$33.20B
Net debt−$57.83B−$55.20B−$53.37B−$42.52B−$34.10B−$38.18B−$32.03B−$29.34B−$28.25B−$27.77B
Debt / equity0.901.051.221.420.870.840.860.860.880.86
Debt / assets0.030.030.030.030.030.030.030.040.040.04
Net debt / EBITDA−11.47−12.44−15.68−10.40−7.62−17.36−12.17−9.98−10.57−13.22
Current ratio25.8422.0822.1316.9720.36254.81219.73200.70196.67192.57
Quick ratio25.8422.0822.1917.0420.82263.59226.97204.66202.19201.47
Interest coverage14.86.410.019.921.911.310.910.911.37.3
Working capital$79.03B$71.77B$70.88B$59.78B$52.79B$50.76B$43.97B$40.14B$39.13B$38.31B
Invested capital−$51.28B−$49.98B−$48.64B−$38.72B−$28.16B−$32.32B−$26.30B−$23.76B−$22.25B−$21.48B
Tangible asset value$2.76B$2.66B$2.11B$1.32B$3.37B$3.87B$3.74B$4.31B$4.67B$5.08B
Net current asset value−$102.14B−$101.00B−$96.23B−$91.53B−$114.45B−$109.05B−$101.93B−$91.29B−$102.15B−$95.01B
Graham number$237.94$194.38$152.98$144.37$178.10$113.21$114.86$109.96$90.17$81.09
Graham net-net per share−$1,116.93−$1,016.74−$928.56−$840.49−$992.75−$890.13−$768.11−$631.23−$664.64−$578.06
Capital allocation
Dividends paid$596.0M$574.0M$550.0M$534.0M$511.0M$497.0M$504.0M$506.0M$491.0M$479.0M
Share buybacks (net)$2.91B$2.45B$2.13B$1.98B$2.03B$1.44B$1.94B$1.63B$1.49B$1.71B
Dividend payout ratio16.7%16.9%21.5%17.0%15.0%32.4%26.6%24.1%33.2%36.5%
Dividends + buybacks / free cash flow42.9%47.1%59.5%59.5%79.3%43.3%111.3%87.7%128.4%116.3%
Capex / revenue0.9%1.0%1.2%1.3%0.9%1.2%1.1%1.2%1.3%0.8%
Capex / operating cash flow1.9%2.7%3.9%4.1%3.6%3.2%6.1%6.2%9.5%4.7%
Capex / depreciation0.760.890.91—1.220.710.780.820.690.37
Stock-based compensation / revenue1.1%1.1%1.6%1.2%1.1%1.2%1.0%1.1%1.0%1.1%
R&D / revenue——0.0%0.0%0.0%0.0%0.0%———
SG&A / revenue20.6%22.6%57.6%60.7%63.3%60.3%25.1%24.3%25.7%26.0%
Efficiency
Days sales outstanding308.5313.0360.9407.5328.2230.8187.3168.4164.7164.0
Days of inventory on hand——-254.6-1,400.1-2,873.2-96.6-61.9-51.8-81.9-105.4
Days payables outstanding110.62,943.92,729.14,395.74,323.6116.8103.0104.7105.295.8
Cash conversion cycle (days)197.9-2,630.9-2,622.7-5,388.2-6,868.617.422.511.9-22.3-37.1
Receivables turnover1.181.171.010.901.111.581.952.172.222.23
Payables turnover3.300.120.130.080.083.133.543.493.473.81
Asset turnover0.100.100.090.090.080.070.090.090.090.08
Average receivables$15.98B$14.80B$15.36B$15.92B$12.03B$7.52B$6.70B$5.99B$5.55B$5.29B
Average payables$2.84B$2.65B$2.42B$2.38B$2.26B$1.94B$1.87B$1.92B$1.85B$1.69B
Average inventory——−$226.0M−$759.5M−$1.50B−$1.60B−$1.13B−$950.0M−$1.44B−$1.86B
Intangibles / total assets2.0%1.4%1.5%1.6%1.5%1.2%1.3%0.9%0.9%0.9%

Computed from AMP's annual financial statements (latest annual report filed February 19, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

AMP valuation and financial ratios

At the end of fiscal 2025 (December 31, 2025), Ameriprise traded at 13.3 times earnings, against a 10-year median of 13.7. Based on the latest twelve months, the trailing P/E is 12.1 and the forward P/E is 9.8. Ameriprise earned a return on equity of 60.5% in fiscal 2025. It ended the year with $5.9 billion of debt and $63.7 billion in cash and short-term investments, a net cash position of $57.8 billion. It returned $3.5 billion to shareholders: $596.0 million in dividends and $2.9 billion in share buybacks, 43% of free cash flow. The share count fell 42.7% from 168.2M to 96.3M over 9 years.

See the AMP income statement, the AMP chart for price history, or the AMP stock overview for the latest quote and news.

AMP key metrics FAQ

What is Ameriprise's P/E ratio?

Ameriprise's trailing P/E ratio is 12.1 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 9.8. At the end of fiscal 2025 it was 13.3, compared with a 10-year median of 13.7.

What is Ameriprise's return on equity?

Ameriprise's return on equity (ROE) was 60.5% in fiscal 2025: net income of $3.6 billion on average shareholders' equity of $5.9 billion.

How much debt does Ameriprise have?

Ameriprise had total debt of $5.9 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.90 and more cash than debt.

What is Ameriprise's dividend yield?

Ameriprise's forward dividend yield is 1.36%. Ameriprise paid $596.0 million in dividends in fiscal 2025 ($6.19 per share), a payout ratio of 16.7%.

Does Ameriprise buy back its shares?

Yes. Ameriprise spent $2.9 billion on net share repurchases in fiscal 2025 Shares outstanding changed −6.4% over the year, to 96.3M..

What is Ameriprise's free cash flow yield?

Ameriprise generated $8.2 billion of free cash flow in fiscal 2025, a free cash flow yield of 17.3% on its market value at year-end ($47.2 billion).

What is Ameriprise's current ratio?

Ameriprise's current ratio was 25.84 at the end of fiscal 2025: current assets were 25.84 times current liabilities.

Asset Management key metrics