Ameriprise Financial, Inc. (AMP)

NYSE: AMP · USD

$488

-5.08 (-1.0%)· Recorded snapshot

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StockMarketAgent Research · Analyzed 2026-10-02

Our latest published analysis: AMP rated Buy

Ameriprise Financial, Inc.'s published Buy conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$609 / share

Potential value

$830 / share

Upside to FV

+24.1%

from $488

Moat

7/10

Narrow

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$43.4B
Revenue (ttm)	19.8B
Net income (ttm)	3.9B
EPS (ttm)	$41.4
Shares out	88.3M
P/E (trailing)	11.8x
P/E (forward)	9.8x
Dividend	$6.80 (1.39%)
Volume	896,000
Beta	1.16

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 19.8B
Net income (ttm): 3.9B
EPS (ttm): $41.4
P/E (trailing): 11.8x
P/E (forward): 9.8x
Market cap: $43.4B

Item	P1	P2	P3	P4	P5	Trend
Period	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Trend
Revenue	$13.39B	$14.33B	$16.10B	$17.93B	$18.91B	+9.0%
Gross profit	$-203.0M	$-274.0M	$-885.0M	$-991.0M	$9.53B	—
Operating income	$4.38B	$4.13B	$3.56B	$4.60B	$4.83B	+2.5%
Net income	$3.42B	$3.15B	$2.56B	$3.40B	$3.56B	+1.1%
EPS (diluted)	$28.48	$27.70	$23.71	$33.05	$36.28	+6.2%
EBITDA	$4.47B	$4.09B	$3.40B	$4.44B	$5.04B	+3.0%
R&D	$0	$0	$0	—	—	-10.6%
SG&A	$8.46B	$8.66B	$8.95B	$3.90B	$3.90B	-17.6%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
ACGL	Arch Capital Group Ltd.	34.8B	8.3x	1.8x	15.9%	+15.1%	+18.7%	強い買い
AIG	American International Group Inc.	41.7B	14.7x	1.6x	7.7%	-9.6%	+2.8%	強い買い
AIZ	Assurant, Inc.	14.1B	13.6x	1.0x	14.4%	+6.6%	+36.2%	ホールド
AJG	Arthur J. Gallagher & Co.	66.7B	43.2x	4.4x	6.6%	+15.3%	-5.7%	買い
ALL	The Allstate Corporation	63.2B	5.0x	0.9x	32.6%	+8.5%	+31.8%	強い買い
AON	Aon plc	66.8B	17.2x	3.8x	16.3%	+7.9%	-5.5%	買い

Base and Bull scenarios

Base60%

Price target

$609.31

+24.1% from spot

In the Base case, the shares target $609.31, delivering an implied return of 24.1% at an assigned probability of 60.0%. Ameriprise sustains mid-single-digit organic revenue expansion in Advice and Wealth Management, where recurring advisory fees and client asset retention offset predictable institutional departures. Consolidated operating margins hold steady as technology-enabled advisor efficiency balances compliance and platform investments, while disciplined cash deployment retires shares annually to drive steady diluted earnings per share growth.

Advice and Wealth Management organic client asset gathering expands at a steady single-digit pace
Bank cash sweep yields stabilize alongside moderate macroeconomic policy adjustments
Consolidated operating margins remain consistent with historical performance
Capital return targets continue to retire net shares outstanding each year
Physical capital expenditures remain minimal relative to operating cash generation

Bull20%

Price target

$829.98

+69.1% from spot

In the Bull case, reaching $829.98 with an implied return of 69.1% at an estimated probability of 20.0%, net client asset inflows re-accelerate across Advice and Wealth Management as newly integrated advisor partnerships exceed outflow offsets. Operating margins expand through operating leverage and productivity gains from artificial intelligence tools across the advisor network, while aggressive share repurchases deploy excess capital to compound per-share earnings.

Accelerated client asset onboarding from major institutional partnerships
Operating margin expansion driven by digital advisor enablement and operating leverage
Resilient cash sweep spreads and expanding wealth management lending balances
Rapid share retirement funded by strong free cash flow and excess capital deployment
Stabilization of asset management fees through separately managed accounts and exchange-traded products

Sensitivity: Ke × terminal growth

The highlighted cell is Fair value when every assumption sits at its base level ($609.31). Each row and column shows what Fair value becomes when one assumption moves.

Ke ↓ / g →	2.0%	2.3%	2.5%	2.8%	3.0%
8.4%	$647	$657	$669	$681	$695
8.9%	$618	$627	$637	$647	$659
9.4%	$593	$601	$609	$618	$628
9.9%	$571	$578	$585	$592	$600
10.4%	$551	$557	$563	$569	$576

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E9.8

P25 8.7P50 10.4P75 12.8

Trailing P/E12.1

P25 10.7P50 13.5P75 31.8

ROE63.4

P25 4.9P50 11P75 15.4

ROIC43

P25 -0.7P50 6.7P75 12.6

Benchmarks · 1M

All AMP indicators

Market & fundamental data

Available fields

283

Groups with data

Currency

USD

Showing 283 of 283 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0000820027
Company name	Ameriprise Financial, Inc.
Country	United States
Country code	US
CUSIP number	03076C106
Earnings date	2026-10-29
Earnings time	bmo
Employees	13,600
Employees change	0
Employees growth	0%
Enterprise value	$37.1B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	1894
In index	SP500
Industry	Asset Management
IPO date	2005-10-03
Is primary listing	Yes
Is SPAC	No
ISIN number	US03076C1062
Last 10-K release date	2026-02-19
Last earnings date	2026-07-23
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$43.1B
Market cap category	Large-Cap
Next earnings date	2026-10-29
Options	Yes
Price	$487.77
Price currency	USD
Sector	Financials
SIC code	6282
Stock price date	2026-10-28
Symbol	AMP
U.S. state	Minnesota
Website	https://www.ameriprise.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	11.34x
Average P/E ratio (10Y)	12.32x
Average P/E ratio (3Y)	13.73x
Average P/E ratio (5Y)	12.45x
Earnings yield	8.49%
EV/Earnings	9.37x
EV/EBIT	5.31x
EV/FCF	4.59x
EV/Sales	1.87x
FCF / EV yield	21.79%
FCF yield	18.75%
Forward EV/Sales	1.79x
Forward P/E	10x
Forward P/S	2.08x
Graham number	258.92098
Graham upside	-46.82%
Industry forward P/E	12.81x
Industry P/E	27.36x
Lynch fair value	$1,034.95
Lynch upside	112.58%
P/(FCF - SBC) ratio	5.47x
P/(OCF - SBC) ratio	5.36x
P/B ratio	6.85x
P/E ratio	11.78x
P/FCF ratio	5.33x
P/OCF ratio	5.23x
P/S ratio	2.17x
PEG ratio	0.83x
Price / tangible book value	6.76x
Sector forward P/E	13.61x
Sector P/E	15.65x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	35.11%
Effective tax rate	21.85%
FCF margin	40.65%
Gross margin	54.93%
Operating margin	35.11%
Pretax margin	25.46%
Profit margin	19.9%
Profit per employee	$290,294
Profitable quarters	23
Profitable years	17
Revenue per employee	$1.5M
ROA	2.27%
ROA (5Y)	2.07%
ROCE	3.92%
ROE	63.43%
ROE (5Y)	62.25%
ROIC	42.97%
SBC / revenue	1.01%
Tax / revenue	5.56%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	29.14%
EPS growth (Q)	11.65%
EPS growth (QoQ)	23.76%
EPS growth 10Y	17.53%
EPS growth 3Y	14.93%
EPS growth 5Y	36.74%
EPS growth quarters	2
EPS growth years	2
FCF growth	20.36%
FCF growth (Q)	65.06%
FCF growth (QoQ)	562.56%
FCF growth 3Y	26.08%
FCF growth 5Y	62.53%
Gross profit growth	6.17%
Gross profit growth (Q)	-1.36%
Gross profit growth 3Y	6.89%
Gross profit growth 5Y	15.86%
Net income growth	22.42%
Net income growth (Q)	5%
Net income growth (QoQ)	21.64%
Net income growth 3Y	9.38%
Net income growth 5Y	29.96%
Net income growth quarters	2
Net income growth years	2
OCF growth	19.43%
OCF growth (Q)	63.61%
OCF growth (QoQ)	528.76%
OCF growth 10Y	12.38%
OCF growth 3Y	25.02%
OCF growth 5Y	57.39%
Operating income growth	8.57%
Operating income growth (Q)	-5.52%
Operating income growth 3Y	10.18%
Operating income growth 5Y	28.54%
Revenue growth	9.13%
Revenue growth (Q)	11.65%
Revenue growth (QoQ)	2.6%
Revenue growth 10Y	5.47%
Revenue growth 3Y	9.6%
Revenue growth 5Y	8.86%
Revenue growth quarters	14
Revenue growth years	5

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-154M
Depreciation and amortization	$-53M
EBIT	$7B
EPS	$41.40
FCF per share	$91.29
Financing cash flow	$-4.5B
Free cash flow	$8.1B
Free cash flow minus SBC	$7.9B
Gross profit	$10.9B
Income taxes	$1.1B
Investing cash flow	$-2.2B
Net borrowing	$573M
Net cash flow	$1.5B
Net income	$3.9B
Operating cash flow minus SBC	$8B
Operating income	$7B
Revenue	$19.8B
Stock-based compensation	$200M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	0.71
Book value per share	$71.97
Debt / EBITDA	0.61
Debt / equity	0.68
Debt / FCF	0.53
Interest coverage	5.69
Long-term assets	$154.2B
Long-term liabilities	$171.5B
Net cash (debt)	$6B
Net cash / market cap	13.94%
Net cash growth	28.39%
Net debt / equity	-0.94
Net debt / FCF	-0.74
Piotroski F-Score	5
Shareholders' equity	$6.4B
Tangible book value	$6.4B
Tangible book value per share	$71.97
Total assets	$197.9B
Total cash	$10.3B
Total debt	$4.3B
Total liabilities	$191.5B
WACC	11.67%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.1
Current assets	$43.6B
Current liabilities	$20B
Current ratio	2.18
Net working capital	$14.3B
Quick ratio	1.31
Working capital	$23.6B
Working capital turnover	0.88

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	5.22%
Dividend growth	7.14%
Dividend growth (10Y)	8.8%
Dividend growth (3Y)	8.27%
Dividend growth (5Y)	8.75%
Dividend growth years	20
Dividend payment date	2026-08-21
Dividend payment years	22
Dividend payout frequency	Quarterly
Dividend per share	$6.80
Dividend yield	1.39%
Ex-dividend date	2026-08-03
FCF payout ratio	7.45%
Last dividend	$1.70
Payout ratio	16.43%
Shareholder yield	6.61%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	431.78%
10Y return CAGR	20.55%
10Y total return	548.01%
150-day SMA	$496.39
15Y price change	895.94%
15Y return CAGR	19.06%
15Y total return	1,269.7%
1D price change	-1.03%
1M price change	-1.96%
1M total return	-1.96%
1W price change	-0.89%
1W total return	-0.89%
1Y price change	-0.27%
1Y return CAGR	1.06%
1Y total return	1.06%
20-day SMA	$493.87
200-day SMA	$492.77
20Y price change	847.71%
20Y return CAGR	14.17%
20Y total return	1,314.68%
3M price change	-10.16%
3M total return	-9.88%
3Y price change	55.63%
3Y return CAGR	17.44%
3Y total return	62.01%
50-day SMA	$521.86
50-day SMA vs 200-day SMA	50over200
52-week high	$572.56
52-week high date	2026-08-14
52-week low	$422.37
52-week low date	2026-04-02
5Y price change	63.11%
5Y return CAGR	11.9%
5Y total return	75.45%
6M price change	1.15%
6M total return	1.83%
All-time high	$582.05
All-time high date	2025-01-30
All-time low	$11.74
All-time low date	2008-11-21
Average true range (ATR)	$11.23
Average volume	528K
Beta (1Y)	0.56
Beta (2Y)	1.03
Beta (5Y)	1.16
Change from 52-week high	-14.81%
Change from 52-week low	15.48%
Change from all-time high	-16.96%
Change from all-time low	4,016.95%
Change from open	-1%
Day's gap	-0.03%
Dollar volume	$437M
High price	$492.81
Low price	$482.77
Monthly RSI	51.08
Open price	$492.69
Position in 52-week range	49.8%
Premarket change	-1.16%
Premarket close	$492.85
Premarket price	$487.12
Previous close	$492.85
Price vs 150-day SMA	-2.63%
Price vs 20-day SMA	-2.13%
Price vs 200-day SMA	-1.92%
Price vs 50-day SMA	-7.38%
Relative volume	1.7
RSI	37.82
Sharpe ratio	0.02
Sharpe ratio (3Y)	0.6
Sharpe ratio (5Y)	0.4
Sortino ratio	0.23
Sortino ratio (3Y)	1.08
Sortino ratio (5Y)	0.77
Volume	896K
Weekly RSI	42.53
YTD price change	-1.43%
YTD total return	-0.47%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	88M
Float percentage	99.57%
Shares change (QoQ)	-1.69%
Shares change (YoY)	-5.22%
Shares held by insiders	0.23%
Shares held by institutions	89.98%
Shares outstanding	88.3M
Short % of float	2.97%
Short % of shares	2.96%
Short ratio	4 days

Deeper analysis on AMP

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this AMP report

What is the latest published AMP stock rating?

Ameriprise Financial, Inc. is shown with Buy in the latest published report, analyzed 2026-10-02. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full AMP analysis?

The full latest published report, analyzed 2026-10-02, lives at /stocks/AMP/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for AMP?

The latest published report analyzed 2026-10-02 gives AMP a fair value of USD 609 and a potential value of USD 830. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the AMP page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-10-02). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

BuyAMP · Fair value $609+24.1%

Read full analysis →

Ameriprise Financial, Inc. (AMP)

Our latest published analysis: AMP rated Buy

Price

Financial snapshot

Fair-value bridge

Latest news · AMP

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All AMP indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on AMP

Frequently asked questions

レーティング履歴

Category	Score	Reading
Valuation	7.5
Management	8.5
Balance Sheet	7.5
Profitability	7.5
Revenue Growth	6.0
Risk Assessment	7.0
Competitive Moat	7.0
Earnings Quality	8.0
Capital Efficiency	5.5