Fundamentals · 2026-09-09S&P 500ANNUAL BASIS

Ameriprise Financial

AMP stock analysis · Financials · Asset Management & Custody Banks

FY 2025-12-31ANNUAL FILINGS
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These are research estimates based on annual filings. Valuation uses a cash-flow proxy and explicit assumptions; prices are not live. Published valuations use annual periods first filed by the price date, with later restatements retained.
Reference share price · USD
$458.76HISTORICAL SNAPSHOT

As of · fund-implied per-share value

Fund holding value ÷ shares held. Not a live quote; not adjusted for later stock splits.

View SEC fund filing ↗
Estimated issuer market cap
$41.2B

Price × SEC outstanding shares. Shares measured 2026-04-24. Approximate; share and price dates can differ.

View share-count filing ↗
Valuation

DCF value

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

How this is calculated ↗
Valuation

Reverse DCF

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

How this is calculated ↗
Valuation

Relative valuation

73.4%

9 industry peers · median 20.1×

How this is calculated ↗
Valuation

Historical multiples

12.2×

7 annual observations · snapshot P/E 11.6× · -5.2% versus history

How this is calculated ↗
Valuation

Free cash flow yield

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

How this is calculated ↗
Quality

ROIC / quality

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

How this is calculated ↗
Valuation

Value composite

Requires three valuation yields and at least five covered sector peers.

Requires three valuation yields and at least five covered sector peers.

How this is calculated ↗
Momentum

12–1 price momentum

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

Split and corporate-action verification is incomplete for these fund observations. Verified adjusted endpoints are required for 12–1 momentum.

How this is calculated ↗
Investment

Asset growth

5.2%

Annual basis · read assumptions below

How this is calculated ↗
Investment

Net payout yield

Requires reported dividends, repurchases and issuance; missing values are not zero.

Requires reported dividends, repurchases and issuance; missing values are not zero.

How this is calculated ↗
Quality

Accrual quality

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

Generic cash-flow and operating-capital models are not suitable for this sector; specialist bank/insurance or REIT analysis is required.

How this is calculated ↗
Momentum

Fundamental momentum

Requires two adjacent years of revenue, operating income and cash flow.

Requires two adjacent years of revenue, operating income and cash flow.

How this is calculated ↗

Follow the cash

ANNUAL · USD

Operating cash flow and reinvestment over time

USD · bar maximum 8.3B2020-12-31: cfo $4,623,000,000.002020-12-31: capex $147,000,000.0020202021-12-31: cfo $3,325,000,000.002021-12-31: capex $120,000,000.0020212022-12-31: cfo $4,407,000,000.002022-12-31: capex $182,000,000.0020222023-12-31: cfo $4,685,000,000.002023-12-31: capex $184,000,000.0020232024-12-31: cfo $6,595,000,000.002024-12-31: capex $176,000,000.0020242025-12-31: cfo $8,323,000,000.002025-12-31: capex $162,000,000.002025
Operating cash flowCapital expenditure

Annual USD. Negative bars use a compressed lower scale. Hover or inspect the financial history table for exact values.

Make the assumptions yours

Personal inputs stay in this browser. Blank fields retain published inputs. Five-year forecast; zero net borrowing. Required return must exceed terminal growth.

How sensitive is the valuation?

DCF per-share sensitivity · includes reviewed preferred and minority-owner claims · rows: required return · columns: growth
Return / Growth3.0%5.0%7.0%
8.0%
10.0%
12.0%

Annual financial history

Open SEC filings ↗
Fiscal year-endRevenueNet incomeOperating cash flowCapital expenditureAssets
2025-12-3118.9B3.6B8.3B162M190.9B
2024-12-3117.9B3.4B6.6B176M181.4B
2023-12-3116.1B2.6B4.7B184M175.2B
2022-12-3114.3B3.1B4.4B182M158.9B
2021-12-3113.4B2.8B3.3B120M177.7B
2020-12-3112B1.5B4.6B147M165.9B
2019-12-3113.1B1.9B2.3B143M151.8B
2018-12-3112.9B2.1B2.6B162M137.2B

USD, abbreviated. Restated annual history; not a point-in-time backtest. Missing values appear as dashes.

Trace the inputs

MODEL ANNUAL PERIOD
InputValueSEC tag / sourceFiled
revenue18.9BRevenues2026-03-12
netIncome3.6BNetIncomeLoss
Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income.
2026-03-12
Parent/common earnings proxy3.6BNetIncomeLossAvailableToCommonStockholdersBasic2026-03-12
cfo8.3BNetCashProvidedByUsedInOperatingActivities2026-03-12
capex162MPaymentsToAcquireProductiveAssets2026-03-12
operatingIncomeNot reported under a supported tag
assets190.9BAssets2026-03-12
equity6.5BStockholdersEquity
Parent-attributable fallback: a verified consolidated total is unavailable in the supported tags. Noncontrolling interests have not been assumed to be zero; this may differ in scope from consolidated cash flow or operating income.
2026-03-12
Parent book equity proxy6.5BStockholdersEquity2026-03-12
debtNot reported under a supported tag
shortDebtNot reported under a supported tag
cash11.2BCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents2026-03-12
shares98.2MWeightedAverageNumberOfDilutedSharesOutstanding2026-03-12
dividends596MPaymentsOfDividends2026-03-12
buybacks2.9BPaymentsForRepurchaseOfCommonStock2026-03-12
issuanceNot reported under a supported tag