AMP Q4 2023 Earnings — Ameriprise Financial, Inc. Revenue & Financial Results | Market Cap Arena

AMPAmeriprise Financial, Inc.

$43B

Q4 2023 Earnings

Financial Services Asset Management

Income Statement

Revenue

$4.2B+12.1% YoY

Gross Profit

$2.2B52.7% margin

Operating Income

$1.2B28.7% margin

Net Income

$377M9.0% margin

EPS (Diluted)

$3.57

QoQ Revenue Growth

+2.3%

Cash Flow

Operating Cash Flow

$2.1B

Free Cash Flow

$2.1B

Stock-Based Comp.

$49M

Balance Sheet

Total Assets

$175.2B

Total Liabilities

$170.5B

Stockholders' Equity

$4.7B

Cash & Equivalents

$7.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.2B	$3.7B	+12.1%
Gross Profit	$2.2B	$2.1B	+3.0%
Operating Income	$1.2B	$1.2B	+0.3%
Net Income	$377M	$649M	-41.9%

Revenue Segments

Advice and Wealth Management

$2.6B59%

Retirement and Protection Solutions

$918M21%

Asset Management Segment

$845M19%