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Schroders

SDR.L
65
Asset Management · Financial Services
Exchange
London Stock Exchange
Winston Score
65
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Aug 23, 2026 · filings through Jun 30, 2026
How the score breaks down
Quality
Good
Growth
Good
Cash Flow
Exceptional
Stability
Exceptional
Valuation
Good
Dividends
Mixed

Winston Score History

The full picture

Schroders is a British investment management company. It takes money from clients — like pension funds, insurance companies, wealthy individuals, and charities — and invests it in stocks, bonds, real estate, and other assets on their behalf. Founded in 1804, it is one of the oldest and largest independent asset managers in the world, managing roughly £750 billion in client assets.

Schroders earns money mainly by charging fees based on a percentage of the assets it manages, so when markets rise and client portfolios grow, its revenue grows too. It operates globally, with a strong presence across Europe, Asia, and the Americas. Its long history and brand reputation give it an edge in winning institutional clients, who tend to be slow to switch managers. The main risk the business faces is that falling markets reduce the value of assets under management, which directly shrinks fee income — a pattern clearly visible during market downturns.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+14.5% YoY

YoY Growth Rate

Steady revenue growth

EPS Growth

+119.9% YoY

YoY Growth Rate

EPS growth accelerating

Insider Activity

50.6%ownership

Flat

Insider ownership roughly steady over the past year

Cash Position

Cash flow positive

£8.1B cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Growth + cash flow

Schroders is a rare growth stock that's already generating positive cash flow while growing at 14%. The Winston Score doesn't fully credit this transition from "burner" to "earner."

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

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Quality

Profit per sale
Gross Margin
67.0%
Premium pricing power — 67.0% gross margin
Profit after running costs
Operating Margin
16.8%
Healthy — 16.8% operating margin
Return on the money invested
ROCE
11.6%
Below par — 11.6% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

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Growth

Sales growth
Sales YoY
+14.1%
Fast-growing sales (+14.1% YoY)
Profit growth
EPS YoY
+86.1%
Earnings growing fast (+86.1% YoY)

Earnings growing 25%+ a year. The compounder zone.

How steady the profit is
EPS Consistency
3/8 quarters
Earnings rarely grow — volatile business

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Cash Flow

Profit that turns into cash
Cash Conversion
120%
Turns 120% of profit into real cash
Spare cash per sale
FCF Margin
23.5%
Converts sales into free cash efficiently (23.5%)

Free cash flow margin above 20%. Out of every $100 in sales, more than $20 is real cash they keep.

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Stability

What it owes vs what it owns
Debt / Equity
0.07
Conservative — low debt load (0.07)
Covers its interest
Interest Cover
25.37x
Comfortably covers interest (25.4x)

Interest coverage above 8. Profits cover interest many times over.

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Valuation

Price vs profit
P/E Ratio (TTM)
13.3x
no trend
Attractive valuation — P/E 13.3

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year
P/E vs Forward
-1.1
SLOWING
Earnings expected to fall — forward P/E higher than today

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Dividends

Dividend
Dividend Yield
2.32%
no trend
Moderate income — 2.32% yield

Standard yield zone for stable dividend payers. A meaningful piece of total return.

Dividend record
Dividend Growth
-20.3%
no trend
Dividend cut (-20.3% YoY) — warning sign

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