Alliancebernstein Hldg L P Financials

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Alliancebernstein Hldg L P (AB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 18 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI AB FY2025 2026-05-01

AllianceBernstein’s reported economics look like a cash pass-through model, where operating cash is earned efficiently and then distributed.

In FY2025, operating cash flow rose to $352M even as net income fell to $300M, so the earnings decline did not translate into weaker cash generation. Set against assets shrinking to $1.2B from $2.0B, that points to a smaller reported asset base generating roughly the same cash and sending it out rather than stockpiling it.

From FY2023 through FY2025, financing outflows essentially matched operating cash flow each year, which is the pattern of an entity that passes cash to owners instead of building a larger balance sheet. Share repurchases were meaningful at $72M in FY2025, but they were only one part of a broader distribution stream.

The balance sheet adds very little financial leverage: FY2025 ROE and ROA were both about 24.2%. With liabilities at just $1.7M, those returns are not being amplified by borrowing; they are being produced by the earnings capacity of a very lightly encumbered asset base.

Financial Health Signals

Financial health score pending refresh

We are recalculating Alliancebernstein Hldg L P's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Piotroski F-Score Partial

5/5

Alliancebernstein Hldg L P passes 5 of 5 computable financial strength tests (4 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 1 leverage/liquidity signals pass.

Earnings Quality Cash-Backed

1.18x

For every $1 of reported earnings, Alliancebernstein Hldg L P generates $1.18 in operating cash flow ($352.4M OCF vs $299.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

$299.8M

YoY-29.2%

5Y CAGR+1.4%

10Y CAGR+4.9%

Alliancebernstein Hldg L P reported $299.8M in net income in fiscal year 2025. This represents a decrease of 29.2% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

Alliancebernstein Hldg L P held $0 in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

92M

YoY-16.5%

5Y CAGR-1.3%

10Y CAGR-0.8%

Alliancebernstein Hldg L P had 92M shares outstanding in fiscal year 2025. This represents a decrease of 16.5% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

24.2%

YoY+3.4pp

5Y CAGR+6.8pp

10Y CAGR+12.4pp

Alliancebernstein Hldg L P's ROE was 24.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 3.4 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$72.1M

YoY+20.0%

5Y CAGR-0.5%

10Y CAGR-7.1%

Alliancebernstein Hldg L P spent $72.1M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 20.0% from the prior year.

Capital Expenditures

N/A

AB Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$32.9M-14.7%	$38.6M+8.4%	$35.6M+13.6%	$31.3M+2.8%	$30.5M+5.0%	$29.0M
Net Income	$299.8M-29.2%	$423.4M+60.3%	$264.2M-3.6%	$274.2M-28.9%	$385.8M+38.1%	$279.4M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$7.0M	N/A	$7.7M-10.7%	$8.6M-1.6%	$8.7M	N/A	$9.2M0.0%	$9.2M
Net Income	$85.2M	N/A	$73.8M+5.0%	$70.2M-5.1%	$74.0M	N/A	$127.2M+12.0%	$113.5M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

AB Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$1.2B-39.1%	$2.0B-2.1%	$2.1B+0.1%	$2.1B+27.8%	$1.6B+1.1%	$1.6B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$0	$0	$0	$0	$0	$0
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.7M-39.9%	$2.8M+113.9%	$1.3M-20.2%	$1.6M-24.2%	$2.1M+14.1%	$1.9M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.2B-39.1%	$2.0B-2.1%	$2.1B+0.2%	$2.1B+27.8%	$1.6B+1.1%	$1.6B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$1.3B+1.7%	$1.2B+5.2%	$1.2B-40.5%	$2.0B-0.8%	$2.0B-1.8%	$2.0B-3.1%	$2.1B+0.6%	$2.1B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$101K-93.9%	$1.7M-11.0%	$1.9M+316.5%	$449K+74.0%	$258K-90.7%	$2.8M+285.3%	$719K+29.3%	$556K
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$1.3B+1.8%	$1.2B+5.2%	$1.2B-40.6%	$2.0B-0.8%	$2.0B-1.7%	$2.0B-3.2%	$2.1B+0.6%	$2.1B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

AB Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$352.4M+3.5%	$340.5M+15.8%	$294.0M-18.9%	$362.6M+2.1%	$355.1M+31.5%	$270.0M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	$0	$0+100.0%	-$1.8M+48.0%	-$3.4M-2214.3%	-$147K
Financing Cash Flow	-$352.4M-3.5%	-$340.5M-15.8%	-$294.0M+18.5%	-$360.8M-2.6%	-$351.7M-30.3%	-$269.9M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$72.1M+20.0%	$60.1M-4.0%	$62.6M-32.5%	$92.7M-21.4%	$117.9M+59.3%	$74.0M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	$88.5M+14.6%	$77.2M+8.5%	$71.2M-19.7%	$88.7M-23.1%	$115.3M+31.8%	$87.5M+7.9%	$81.1M-3.8%	$84.3M
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	-$88.5M-14.6%	-$77.2M-8.5%	-$71.2M+19.7%	-$88.7M+23.1%	-$115.3M-31.8%	-$87.5M-7.9%	-$81.1M+3.8%	-$84.3M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$4.7M-84.2%	$29.8M+664.1%	$3.9M-68.3%	$12.3M-52.9%	$26.1M	$0-100.0%	$38.6M+79.5%	$21.5M

AB Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	24.2%+3.4pp	20.8%+8.1pp	12.7%-0.5pp	13.2%-10.6pp	23.8%+6.4pp	17.4%
Return on Assets	24.2%+3.4pp	20.8%+8.1pp	12.7%-0.5pp	13.2%-10.5pp	23.8%+6.4pp	17.4%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.00
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	6.8%	N/A	6.3%+2.7pp	3.5%-0.2pp	3.7%	N/A	6.1%+0.6pp	5.4%
Return on Assets	6.8%	N/A	6.3%+2.7pp	3.5%-0.2pp	3.7%	N/A	6.1%+0.6pp	5.4%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.00
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

Is Alliancebernstein Hldg L P profitable?

Yes, Alliancebernstein Hldg L P (AB) reported a net income of $299.8M in fiscal year 2025.

What is Alliancebernstein Hldg L P's return on equity (ROE)?

Alliancebernstein Hldg L P (AB) has a return on equity of 24.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Alliancebernstein Hldg L P's operating cash flow?

Alliancebernstein Hldg L P (AB) generated $352.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Alliancebernstein Hldg L P's total assets?

Alliancebernstein Hldg L P (AB) had $1.2B in total assets as of fiscal year 2025, including both current and long-term assets.

Does Alliancebernstein Hldg L P buy back shares?

Yes, Alliancebernstein Hldg L P (AB) spent $72.1M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Alliancebernstein Hldg L P have outstanding?

Alliancebernstein Hldg L P (AB) had 92M shares outstanding as of fiscal year 2025.

What is Alliancebernstein Hldg L P's debt-to-equity ratio?

Alliancebernstein Hldg L P (AB) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Alliancebernstein Hldg L P's return on assets (ROA)?

Alliancebernstein Hldg L P (AB) had a return on assets of 24.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Alliancebernstein Hldg L P's Piotroski F-Score?

Alliancebernstein Hldg L P (AB) has a Piotroski F-Score of 5 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Alliancebernstein Hldg L P's earnings high quality?

Alliancebernstein Hldg L P (AB) has an earnings quality ratio of 1.18x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.