FOCS Stock Price
FOCS RSI Chart
FOCS Valuation
FOCS Profitability
FOCS Fundamentals
FOCS Revenue
FOCS Earnings
Price Action
Last 7 days
0.9%
Last 30 days
1.3%
Last 90 days
1.8%
Trailing 12 Months
33.2%
FOCS Financial Health
FOCS Investor Care
Historical Charts for Stock Metrics
Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
Get all data in R, Python etc through our Historical Stock Data APIs
Latest Insider Trading transactions for FOCS
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-08-31 | Shanahan James | back to issuer | -48,095,800 | 53.00 | -907,468 | chief financial officer |
2023-08-31 | LeMieux George | acquired | - | - | 9,611 | - |
2023-08-31 | Morganroth Greg S. | back to issuer | -1,076,480 | 53.00 | -20,311 | - |
2023-08-31 | McGranahan John Russell | acquired | - | - | 413,124 | general counsel |
2023-08-31 | Adolf Ruediger | acquired | - | - | 584,552 | ceo and chairman |
2023-08-31 | LeMieux George | back to issuer | -509,383 | 53.00 | -9,611 | - |
2023-08-31 | Neuhoff Elizabeth R. | back to issuer | -509,383 | 53.00 | -9,611 | - |
2023-08-31 | Neuhoff Elizabeth R. | acquired | - | - | 9,611 | - |
2023-08-31 | Shanahan James | back to issuer | -2,452,260 | 53.00 | -46,269 | chief financial officer |
2023-08-31 | Chang Leonard R. | back to issuer | -50,225,100 | 53.00 | -947,643 | sr. managing dir/head of m&a |
Which funds bought or sold FOCS recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-08-24 | Alberta Investment Management Corp | added | 25.00 | 1,101,400 | 5,251,000 | 0.05% |
2023-08-21 | VESTOR CAPITAL, LLC | unchanged | - | 12,000 | 998,000 | 0.10% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -43.04 | -20,381 | 27,715 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -2.55 | -51,470 | 3,769,430 | -% |
2023-08-16 | Nuveen Asset Management, LLC | added | 0.78 | 168,536 | 8,497,540 | -% |
2023-08-15 | ALLIANCEBERNSTEIN L.P. | added | 99.13 | 10,366,700 | 20,571,200 | 0.01% |
2023-08-15 | Crestwood Advisors Group LLC | reduced | -0.47 | 8,427 | 1,117,040 | 0.04% |
2023-08-15 | WELLS FARGO & COMPANY/MN | added | 104 | 714,517 | 1,382,450 | -% |
2023-08-15 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | added | 20,359 | 4,095,000 | 4,115,000 | 0.02% |
2023-08-15 | COLONY GROUP LLC | sold off | -100 | -233,000 | - | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Focus Financial Partners
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Aug 31, 2023 | trident ffp lp | 0% | 0 | SC 13D/A | |
| May 05, 2023 | jpmorgan chase & co | 2.2% | 1,488,512 | SC 13G/A | |
| Apr 07, 2023 | wasatch advisors lp | - | 0 | SC 13G/A | |
| Feb 28, 2023 | trident ffp lp | 11.1% | 8,250,165 | SC 13D/A | |
| Feb 13, 2023 | capital world investors | 8.3% | 5,451,302 | SC 13G/A | |
| Feb 09, 2023 | vanguard group inc | 7.72% | 5,085,477 | SC 13G/A | |
| Feb 08, 2023 | wasatch advisors inc | - | 0 | SC 13G/A | |
| Feb 02, 2023 | trident ffp lp | 11.1% | 8,250,165 | SC 13D/A | |
| Feb 01, 2023 | blackrock inc. | 5.7% | 3,775,028 | SC 13G/A | |
| Jan 20, 2023 | jpmorgan chase & co | 7.8% | 5,157,414 | SC 13G/A |
Recent SEC filings of Focus Financial Partners
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 11, 2023 | 15-12G | 15-12G | |
| Sep 01, 2023 | 4 | Insider Trading | |
| Sep 01, 2023 | 4 | Insider Trading | |
| Sep 01, 2023 | 4 | Insider Trading | |
| Sep 01, 2023 | 4 | Insider Trading | |
| Sep 01, 2023 | 4 | Insider Trading | |
| Sep 01, 2023 | 4 | Insider Trading | |
| Sep 01, 2023 | 4 | Insider Trading | |
| Sep 01, 2023 | 4 | Insider Trading | |
| Sep 01, 2023 | 4 | Insider Trading |
Focus Financial Partners News
Returns for FOCS
Cumulative Returns on FOCS
4.7%
5-Year Cumulative Returns
14.6%
3-Year Cumulative Returns
Risks for FOCS
What is the probability of a big loss on FOCS?
79.6%
Probability that Focus Financial Partners stock will be more than 20% underwater in next one year
70.4%
Probability that Focus Financial Partners stock will be more than 30% underwater in next one year.
61.1%
Probability that Focus Financial Partners stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does FOCS drawdown profile look like?
Y-axis is the maximum loss one would have experienced if Focus Financial Partners was unfortunately bought at previous high price.
Drawdowns
Financials for Focus Financial Partners
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 2.1% | 2,209 | 2,164 | 2,143 | 2,120 | 2,054 | 1,940 | 1,798 | 1,654 | 1,531 | 1,418 | 1,361 | 1,322 | 1,307 | 1,295 | 1,218 | 1,126 | 1,045 | 975 | 911 | 853 | 798 |
| S&GA Expenses | 5.0% | 421 | 401 | 376 | 362 | 348 | 322 | 298 | 272 | 254 | 238 | 236 | 235 | 236 | 243 | 233 | 219 | 204 | 186 | 170 | 156 | 144 |
| EBITDA | -100.0% | - | 224 | 278 | 297 | 241 | 158 | 100 | 74.00 | 71.00 | 75.00 | 120 | 112 | 108 | 113 | 62.00 | 81.00 | 47.00 | 39.00 | 33.00 | 2.00 | 1.00 |
| EBITDA Margin | -100.0% | - | 0.10* | 0.13* | 0.14* | 0.12* | 0.08* | 0.06* | 0.04* | 0.05* | 0.05* | 0.09* | 0.09* | 0.08* | 0.09* | 0.05* | 0.07* | 0.04* | 0.04* | 0.04* | 0.00* | 0.00* |
| Interest Expenses | 22.5% | 155 | 126 | 100 | 81.00 | 71.00 | 62.00 | 55.00 | 47.00 | 39.00 | 39.00 | 42.00 | 48.00 | 55.00 | 59.00 | 58.00 | 54.00 | 51.00 | 55.00 | 56.00 | 60.00 | 61.00 |
| Earnings Before Taxes | -95.7% | 4.00 | 98.00 | 178 | 216 | 170 | 96.00 | 45.00 | 27.00 | 31.00 | 27.00 | 70.00 | 56.00 | 44.00 | 45.00 | -4.98 | 18.00 | -13.37 | -24.81 | -31.64 | -65.44 | -67.58 |
| EBT Margin | -100.0% | - | 0.05* | 0.08* | 0.10* | 0.08* | 0.05* | 0.02* | 0.02* | 0.02* | 0.02* | 0.05* | 0.04* | 0.03* | 0.03* | 0.00* | 0.02* | -0.01* | -0.03* | -0.03* | -0.08* | -0.08* |
| Net Income | -1.5% | 61.00 | 62.00 | 92.00 | 99.00 | 70.00 | 39.00 | 10.00 | 6.00 | 7.00 | 8.00 | 28.00 | 12.00 | 12.00 | 10.00 | -12.87 | 9.00 | -2.74 | -11.19 | -20.30 | -39.60 | -67.28 |
| Net Income Margin | -100.0% | - | 0.03* | 0.04* | 0.05* | 0.03* | 0.02* | 0.01* | 0.00* | 0.00* | 0.01* | 0.02* | 0.01* | 0.01* | 0.01* | -0.01* | 0.01* | 0.00* | -0.01* | -0.02* | -0.05* | -0.08* |
| Free Cashflow | -100.0% | - | 267 | 268 | 289 | 278 | 264 | 303 | 298 | 281 | 223 | 192 | 186 | 183 | 155 | 169 | 126 | 109 | 100 | 97.00 | 85.00 | 51.00 |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2017Q4 |
| Assets | 3.9% | 5,221 | 5,026 | 4,867 | 4,785 | 4,811 | 4,706 | 4,709 | 4,088 | 3,387 | 3,214 | 3,063 | 2,729 | 2,661 | 2,849 | 2,654 | 2,645 | 2,421 | 2,396 | 1,938 | 1,741 | 1,235 |
| Cash Equivalents | 36.8% | 137 | 100 | 140 | 129 | 221 | 317 | 311 | 642 | 144 | 170 | 66.00 | 43.00 | 35.00 | 233 | 65.00 | 51.00 | 38.00 | 84.00 | 33.00 | 98.00 | 51.00 |
| Net PPE | -0.1% | 57.00 | 57.00 | 55.00 | 50.00 | 47.00 | 47.00 | 47.00 | 46.00 | 47.00 | 49.00 | 49.00 | 45.00 | 42.00 | 42.00 | 42.00 | 40.00 | 34.00 | 25.00 | 25.00 | 22.00 | 21.00 |
| Goodwill | 4.4% | 2,311 | 2,213 | 2,168 | 2,093 | 2,050 | 1,928 | 1,925 | 1,429 | 1,316 | 1,254 | 1,256 | 1,126 | 1,121 | 1,112 | 1,090 | 1,073 | 989 | 946 | 860 | 693 | 515 |
| Liabilities | 4.1% | 3,850 | 3,699 | 3,563 | 3,498 | 3,562 | 3,523 | 3,592 | 3,187 | 2,487 | 2,337 | 2,204 | 1,891 | 1,830 | 2,022 | 1,850 | 1,831 | 1,605 | 1,584 | 1,125 | 1,092 | 1,149 |
| Shareholder's Equity | -18.5% | 1,081 | 1,327 | 1,054 | 1,059 | 1,249 | 1,183 | 1,117 | 901 | 899 | 878 | 859 | 839 | 831 | 827 | 804 | 814 | 816 | 812 | 813 | 649 | - |
| Retained Earnings | 27.7% | 148 | 116 | 117 | 116 | 87.00 | 54.00 | 25.00 | 17.00 | 17.00 | 15.00 | 15.00 | 11.00 | 9.00 | 7.00 | -13.46 | -1.46 | -2.74 | -3.53 | -0.59 | -10.20 | -92* |
| Additional Paid-In Capital | 0.7% | 914 | 908 | 918 | 930 | 910 | 866 | 842 | 660 | 650 | 590 | 527 | 537 | 503 | 520 | 498 | - | 490 | 459 | 471 | 390 | 100* |
| Minority Interest | 0.0% | 290 | 290 | 249 | 228 | 235 | 241 | 247 | 226 | 230 | 271 | 319 | 298 | 326 | 308 | 320 | 316 | 330 | 357 | 343 | 269 | - |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | -8.2% | 266 | 290 | 289 | 306 | 291 | 275 | 314 | 311 | 299 | 242 | 211 | 203 | 204 | 182 | 195 | 150 | 124 | 109 | 106 | 94.00 | 59.00 |
| Share Based Compensation | 0.6% | 32.00 | 32.00 | 30.00 | 29.00 | 27.00 | 26.00 | 32.00 | 31.00 | 31.00 | 30.00 | 22.00 | 21.00 | 20.00 | 19.00 | 18.00 | 26.00 | 46.00 | 45.00 | 44.00 | 35.00 | 15.00 |
| Cashflow From Investing | 34.8% | -361 | -554 | -475 | -1,076 | -1,165 | -990 | -1,007 | -601 | -413 | -345 | -372 | -123 | -322 | -406 | -556 | -634 | -501 | -620 | -446 | -333 | -333 |
| Cashflow From Financing | -77.4% | 11.00 | 49.00 | 17.00 | 259 | 953 | 863 | 939 | 890 | 223 | 39.00 | 162 | -88.52 | 116 | 374 | 394 | 438 | 383 | 567 | 322 | 285 | 246 |
FOCS Income Statement
2023-06-30Unaudited condensed consolidated statements of operations - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| REVENUES: | ||||
| Total revenues | $ 583,805 | $ 539,211 | $ 1,141,312 | $ 1,075,778 |
| OPERATING EXPENSES: | ||||
| Compensation and related expenses | 208,532 | 178,131 | 414,948 | 359,931 |
| Management fees | 139,035 | 136,802 | 263,629 | 274,641 |
| Selling, general and administrative | 114,991 | 94,771 | 227,807 | 183,421 |
| Intangible amortization | 74,623 | 64,649 | 146,409 | 124,925 |
| Non-cash changes in fair value of estimated contingent consideration | 6,076 | (42,757) | 22,564 | (51,742) |
| Depreciation and other amortization | 4,053 | 3,805 | 8,020 | 7,438 |
| Total operating expenses | 547,310 | 435,401 | 1,083,377 | 898,614 |
| INCOME FROM OPERATIONS | 36,495 | 103,810 | 57,935 | 177,164 |
| OTHER INCOME (EXPENSE): | ||||
| Interest income | 639 | 17 | 1,103 | 20 |
| Interest expense | (48,341) | (19,892) | (92,270) | (37,508) |
| Amortization of debt financing costs | (1,115) | (949) | (2,220) | (2,050) |
| Other expense-net | (229) | (1,451) | (2,954) | (1,487) |
| Income from equity method investments | 354 | 11 | 529 | 106 |
| Total other expense-net | (48,692) | (22,264) | (95,812) | (40,919) |
| INCOME (LOSS) BEFORE INCOME TAX | (12,197) | 81,546 | (37,877) | 136,245 |
| INCOME TAX EXPENSE (BENEFIT) | (41,279) | 32,228 | (59,982) | 47,845 |
| NET INCOME | 29,082 | 49,318 | 22,105 | 88,400 |
| Non-controlling interest | 3,095 | (16,235) | 9,440 | (26,215) |
| NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS | 32,177 | 33,083 | 31,545 | 62,185 |
| Wealth management fees | ||||
| REVENUES: | ||||
| Total revenues | 555,574 | 517,421 | 1,089,463 | 1,032,600 |
| Other | ||||
| REVENUES: | ||||
| Total revenues | $ 28,231 | $ 21,790 | $ 51,849 | $ 43,178 |
| Class A common stock | ||||
| Income (loss) per share of Class A common stock: | ||||
| Basic (in dollars per share) | $ 0.49 | $ 0.51 | $ 0.48 | $ 0.95 |
| Diluted (in dollars per share) | $ (0.10) | $ 0.50 | $ (0.32) | $ 0.95 |
| Weighted average shares of Class A common stock outstanding: | ||||
| Basic (in shares) | 65,999,323 | 65,389,642 | 65,969,827 | 65,360,667 |
| Diluted (in shares) | 85,668,061 | 65,596,377 | 85,144,280 | 65,682,081 |
FOCS Balance Sheet
2023-06-30Unaudited condensed consolidated balance sheets - USD ($) $ in Thousands | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $ 137,040 | $ 139,973 |
| Accounts receivable less allowances of $3,862 at 2022 and $4,349 at 2023 | 236,790 | 217,219 |
| Prepaid expenses and other assets | 206,983 | 151,356 |
| Fixed assets-net | 56,796 | 54,748 |
| Operating lease assets | 269,592 | 258,697 |
| Debt financing costs-net | 6,818 | 7,590 |
| Deferred tax assets-net | 238,677 | 230,130 |
| Goodwill | 2,310,675 | 2,167,917 |
| Other intangible assets-net | 1,757,799 | 1,639,124 |
| TOTAL ASSETS | 5,221,170 | 4,866,754 |
| LIABILITIES | ||
| Accounts payable | 13,605 | 12,213 |
| Accrued expenses | 97,443 | 80,679 |
| Deferred revenue | 9,826 | 10,726 |
| Contingent consideration and other liabilities | 523,568 | 335,033 |
| Deferred tax liabilities | 46,587 | 29,579 |
| Operating lease liabilities | 302,861 | 288,895 |
| Borrowings under credit facilities (stated value of $2,563,970 and $2,650,818 at December 31, 2022 and June 30, 2023, respectively) | 2,600,437 | 2,510,749 |
| Tax receivable agreements obligations | 215,013 | 224,611 |
| TOTAL LIABILITIES | 3,850,339 | 3,563,459 |
| COMMITMENTS AND CONTINGENCIES (Note 12) | ||
| EQUITY | ||
| Additional paid-in capital | 913,612 | 918,044 |
| Retained earnings | 148,324 | 116,779 |
| Accumulated other comprehensive income | 18,606 | 18,318 |
| Total shareholders' equity | 1,081,327 | 1,053,918 |
| Non-controlling interest | 289,504 | 249,377 |
| Total equity | 1,370,831 | 1,303,295 |
| TOTAL LIABILITIES AND EQUITY | 5,221,170 | 4,866,754 |
| Related Party | ||
| LIABILITIES | ||
| Due to affiliates | 40,999 | 70,974 |
| Class A common stock | ||
| EQUITY | ||
| Common stock | 660 | 659 |
| Class B common stock | ||
| EQUITY | ||
| Common stock | $ 125 | $ 118 |
Focus Financial Partners Inc. provides wealth management services to primarily ultra-high and high net worth individuals, families, and business entities. Its wealth management services include investment advice, financial and tax planning, consulting, tax return preparation, family office services, and other services. The company also offers recordkeeping and administration services; recommends financial products through commissions and distribution fees; and sells investment or insurance products. Focus Financial Partners Inc. was founded in 2006 and is headquartered in New York, New York.