Ameriprise Financial (AMP) stock
Financials · Asset Management & Custody Banks
Ameriprise Financial (AMP) is an Asset Management & Custody Banks company in the Financials sector, headquartered in Minneapolis, Minnesota. As of October 23, 2026, AMP closed at $492.19, a market capitalization of $43.48 billion, the 258th largest company in the S&P 500. Over the last twelve months it generated $19.84 billion in revenue (+12% year over year) and $8.06 billion in free cash flow. The stock trades at 11.9x trailing earnings and 9.6x forward earnings.
- 1-year total return: +4.3% (dividends reinvested)
- 5-year return: +12.2% a year
- 52-week range: $422.37 – $572.56
- Gross margin 54.9%, operating margin 30.7%
- Dividend yield: 1.38%, 19 straight years of increases
- FI Handbook report card: A- across 9 metrics
- 42nd largest of 76 Financials stocks in the S&P 500
AMP price chart
1Y price change: +2.9% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| AMP | -2.1% | +1.4% | +4.3% | +18.1% | +12.2% | +19.9% | +15.3% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2005.
AMP key statistics
- Market cap
- $43.5B
- #258 in S&P 500
- P/E (TTM)
- 11.9x
- Forward P/E
- 9.6x
- EPS (TTM)
- $41.42
- Revenue (TTM)
- $19.8B
- +12%
- Free cash flow
- $8.1B
- Gross margin
- 54.9%
- Operating margin
- 30.7%
- Return on equity
- 63.4%
- Dividend yield
- 1.38%
- 52-week range
- $422.37 – $572.56
- Beta
- 1.16
- Price / sales
- 2.2x
- EV / EBITDA
- —
- Debt / equity
- 0.68x
- Employees
- 13,600
AMP report card
A-Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth11.6%B
- Gross margin54.9%B
- Operating margin30.7%A
- FCF margin40.6%A
- Return on equity63.4%A
- Net debt / EBITDA——
- Forward P/E9.6xA
- PEG ratio1.5xC
- Shareholder yield8.1%A
- Share count change / yr-4.8%A
Ameriprise Financial financials
Revenue went from $11.8B in fiscal 2016 to $18.9B in fiscal 2025, growing 5.3% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.8B | $12.2B | $12.9B | $13.1B | $12.0B | $13.4B | $14.3B | $16.1B | $17.9B | $18.9B |
| Net income | $1.3B | $1.5B | $2.1B | $1.9B | $1.5B | $3.4B | $3.1B | $2.6B | $3.4B | $3.6B |
| EPS (diluted) | $7.81 | $9.44 | $14.20 | $13.92 | $12.20 | $28.48 | $27.70 | $23.71 | $33.05 | $36.28 |
| Free cash flow | $2.2B | $1.4B | $2.4B | $2.2B | $4.5B | $3.2B | $4.2B | $4.5B | $6.4B | $8.2B |
| Buybacks | $1.7B | $1.5B | $1.6B | $1.9B | $1.4B | $2.0B | $2.0B | $2.1B | $2.4B | $2.9B |
| Dividends paid | $479.0M | $491.0M | $506.0M | $504.0M | $497.0M | $511.0M | $534.0M | $550.0M | $574.0M | $596.0M |
| Diluted shares | 168.2M | 156.7M | 147.7M | 136.0M | 125.7M | 120.0M | 113.7M | 107.8M | 102.9M | 98.2M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into AMP?
A reverse DCF asks what growth the current price requires. With an enterprise value of $37.5B and $8.1B of trailing free cash flow, Ameriprise Financial needs to grow free cash flow about -23.8% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 12.8% a year over the last five years.
P/E ratio history
Current 13.6x vs. median 14.2x (10th–90th percentile 10.3x–21.2x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
AMP dividend
- Dividend yield
- 1.38%
- Annual dividend
- $6.80
- Years of increases
- 19
- 5-yr dividend growth
- 9.0%
- per year
- Payout ratio
- 16%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
AMP analyst price targets
11 analysts' average 12-month target is $554.64 (+13% vs. $492.19). Targets range from $445.00 to $638.00. 29% rate it a buy.
AMP earnings
Next report: October 29, 2026. Ameriprise Financial has beaten EPS estimates 7 quarters in a row. Last quarter's revenue was $4.9B (+13% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Jul 23, 2026 | $10.81 | $11.07 | +2.4% |
| Apr 23, 2026 | $10.21 | $11.26 | +10.3% |
| Jan 29, 2026 | $10.31 | $10.83 | +5.0% |
| Oct 30, 2025 | $9.76 | $9.87 | +1.1% |
| Jul 24, 2025 | $9.00 | $9.11 | +1.2% |
| Apr 24, 2025 | $9.08 | $9.50 | +4.6% |
| Jan 29, 2025 | $8.79 | $10.58 | +20.4% |
| Oct 23, 2024 | $8.92 | $8.10 | -9.2% |
Stocks like AMP
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|---|---|---|---|---|---|
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AMP news
- AmeriServ Bank Partners with Ameriprise Financial · Oct 22, 2026
- Citizens Sues Ameriprise, Accusing Ex-Advisor of Breaking Employment Contracts · Oct 19, 2026
- Ameriprise Has an Advisor Problem. It Could Get Worse. · Oct 19, 2026
- Ameriprise shares fall as BofA double-downgrades stock on advisor attrition · Oct 19, 2026
- Ameriprise Financial's Retention Bonuses Amid Advisor Exodus Could Pressure Margins, BofA Says · Oct 19, 2026
AMP stock FAQ
What is AMP's market cap?
Ameriprise Financial's market capitalization is $43.48 billion as of October 23, 2026, ranking 258th in the S&P 500.
What is AMP's P/E ratio?
AMP trades at a trailing price-to-earnings ratio of 11.9x and a forward P/E of 9.6x. Its median P/E over the period we track is 14.2x.
Does AMP pay a dividend?
Yes. Ameriprise Financial pays $6.80 per share a year, a 1.38% yield. It has raised its dividend 19 years in a row. Dividends grew 9.0% a year over the last five years.
How much has AMP stock returned?
Including reinvested dividends, AMP returned +4.3% over one year, +12.2% a year over five years, +19.9% a year over ten years through October 23, 2026.
Is AMP stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Ameriprise Financial must grow free cash flow about -24% a year for the next decade. Its free cash flow grew 13% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the AMP price target?
11 analysts cover AMP with an average 12-month price target of $554.64, +13% from the current price. 29% of them rate it a buy.
When does AMP report earnings?
Ameriprise Financial is expected to report earnings on October 29, 2026. It has beaten EPS estimates 7 quarters in a row.
How many employees does Ameriprise Financial have?
Ameriprise Financial has about 13,600 full-time employees, or $1.5 million of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology