Artisan Partners Asset Management
APAM
33.75
-1.25
-3.57%
Artisan Partners Asset Management
US · APAM
#2661 by market cap
Listed 1970
33.75
-1.25
-3.57%
Live - 5344 symbols - heartbeat 39s ago
· 2026-10-08 07:00
Pre-market
33.67
-0.24%
After-hours
33.75
0.00%
- Market cap
- 2.40B
- P/E (TTM)i
- 8.09
- P/Bi
- 5.70
- EPSi
- 4.05
- Div yieldi
- 10.04%
- 52W posi
- 4%
Reader sentiment
Are you bullish or bearish on APAM?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 3.63, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year +7.64% YoY
Margins
- Gross margin
- 45.72%
- Operating margin
- 33.39%
- Net margin
- 22.22%
Key ratios & quality
- PEG ratioi
- 0.68
- Altman Z-Scorei
- 3.63
PEG uses trailing P/E against the 3-year net income growth rate (11.98%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 828.64M | 798.95M | 899.57M | 1.23B | 993.29M | 975.13M | 1.11B | 1.20B |
| Gross profit | 415.47M | 398.50M | 463.75M | 664.18M | 482.90M | 445.74M | 517.68M | 547.11M |
| Selling & admin expenses | 110.53M | 115.04M | 105.43M | 123.69M | 138.81M | 142.14M | 151.05M | 147.48M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | 304.94M | 283.46M | 358.32M | 540.49M | 344.10M | 303.59M | 366.63M | 399.63M |
| Pretax profit | 301.79M | 269.27M | 369.30M | 551.55M | 311.84M | 383.69M | 440.55M | 489.13M |
| Tax | 47.60M | 27.81M | 60.80M | 107.03M | 63.45M | 71.89M | 90.90M | 111.25M |
| Net profit | 254.19M | 241.46M | 308.50M | 444.52M | 248.39M | 311.80M | 349.65M | 377.88M |
| Basic EPS | 3 | 3 | 3 | 5 | 3 | 3 | 4 | 4 |
| Diluted EPS | 2.84 | 2.65 | 3.40 | 5.09 | 2.94 | 3.19 | 3.66 | 4.05 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 277.15M | 282.75M | 301.29M | 335.51M | 303.01M | 307.91M |
| Gross profit | 121.99M | 116.87M | 138.05M | 170.21M | 134.30M | 125.92M |
| Selling & admin expenses | 35.45M | 37.10M | 36.23M | 38.70M | 39.85M | 41.06M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 86.54M | 79.77M | 101.82M | 131.51M | 94.21M | 84.62M |
| Pretax profit | 97.34M | 120.85M | 123.45M | 147.50M | 86.38M | 126.73M |
| Tax | 20.01M | 24.86M | 36.97M | 29.41M | 18.76M | 25.90M |
| Net profit | 77.34M | 95.99M | 86.47M | 118.08M | 67.62M | 100.83M |
| Basic EPS | 1 | 1 | 1 | 1 | 1 | 1 |
| Diluted EPS | 0.82 | 0.94 | 0.93 | 1.32 | 0.76 | 1.11 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 258.67M | 237.36M | 313.75M | 335.57M | 262.58M | 307.77M | 409.41M | 441.31M |
| Cash & ST investments | 174.91M | 143.63M | 198.82M | 200.14M | 143.25M | 178.47M | 268.22M | 255.51M |
| Inventory | -- | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 805.01M | 933.62M | 1.15B | 1.21B | 1.23B | 1.41B | 1.62B | 1.58B |
| Total current liabilities | 390.84M | 429.41M | 546.56M | 474.60M | 449.56M | 446.87M | 501.40M | 378.62M |
| Short-term debt | -- | -- | -- | -- | -- | -- | -- | -- |
| Long-term debt | 199.30M | 199.10M | 199.28M | 199.44M | 199.05M | 199.27M | 199.43M | 189.14M |
| Total liabilities | 664,527,000.00 | 795,118,000.00 | 867,167,000.00 | 801,051,000.00 | 819,971,000.00 | 802,101,000.00 | 868,837,000.00 | 794,873,000.00 |
| Total equity | 140.49M | 138.50M | 284.80M | 407.00M | 414.64M | 603.76M | 749.92M | 782.42M |
| Retained earnings | 38.62M | 44.46M | 72.94M | 134.89M | 93.09M | 132.13M | 170.04M | 203.39M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 414.77M | 438.21M | 469.26M | 441.31M | 456.90M | 483.46M |
| Cash & ST investments | 258.97M | 311.60M | 342.18M | 255.51M | 300.45M | 350.62M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 1.37B | 1.44B | 1.58B | 1.58B | 1.44B | 1.46B |
| Total current liabilities | 499.98M | 469.38M | 477.15M | 378.62M | 471.45M | 442.80M |
| Short-term debt | -- | -- | -- | -- | -- | -- |
| Long-term debt | 199.47M | 199.51M | 189.15M | 189.14M | 189.19M | 189.24M |
| Total liabilities | 868,069,000.00 | 840,407,000.00 | 884,552,000.00 | 794,873,000.00 | 927,610,000.00 | 908,140,000.00 |
| Total equity | 502.24M | 604.28M | 697.07M | 782.42M | 513.59M | 551.38M |
| Retained earnings | 136.54M | 155.93M | 170.98M | 203.39M | 149.02M | 174.82M |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 333.32M | 292.79M | 318.68M | 398.55M | 312.61M | 253.03M | 372.84M | 171.99M |
| Depreciation & amortization | 5.67M | 6.23M | 6.63M | 6.93M | 7.80M | 9.35M | 9.86M | 9.38M |
| Free cash flow | 319.48M | 275.01M | 315.58M | 392.58M | 293.05M | 244.40M | 368.09M | 171.31M |
| Dividends paid | -167.78M | -188.18M | -203.01M | -274.74M | -248.70M | -183.38M | -221.96M | -257.11M |
| Stock buybacks / issuance | 0 | 0 | 0 | 0 | -- | -- | -- | -- |
| Ending cash balance | 175.54M | 144.26M | 199.45M | 200.77M | 143.25M | 178.47M | 268.22M | 255.51M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 157.87M | 50.94M | 40.42M | -77.25M | 181.76M | 115.80M |
| Depreciation & amortization | 2.49M | 2.48M | 2.34M | 2.06M | 2.30M | 2.24M |
| Free cash flow | 157.66M | 50.85M | 40.37M | -77.57M | 181.21M | 115.30M |
| Dividends paid | -94.70M | -48.18M | -51.81M | -62.42M | -112.46M | -55.06M |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 258.97M | 311.60M | 342.18M | 255.51M | 300.45M | 350.62M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 113.37 | 101.03 | 120.82 | 133.61 | 68.33 | 69.04 | 66.60 | 64.24 |
| ROA %i | 16.91 | 15.57 | 18.16 | 25.85 | 15.06 | 15.33 | 15.70 | 16.64 |
| ROIC %i | 46.10 | 37.86 | 43.81 | 59.86 | 33.13 | 33.51 | 35.68 | 36.88 |
| 5-year avg ROE %i | 44.88 | 68.52 | 81.77 | 99.32 | 107.43 | 98.57 | 91.68 | 80.36 |
| EBIT margin %i | 37.77 | 35.09 | 42.25 | 45.82 | 32.39 | 40.23 | 40.40 | 41.59 |
| FCF / sales %i | 38.56 | 34.42 | 35.08 | 31.99 | 29.50 | 25.06 | 33.11 | 14.32 |
| Current ratioi | 0.66 | 0.55 | 0.57 | 0.71 | 0.58 | 0.69 | 0.82 | 1.17 |
| Quick ratioi | 0.63 | 0.53 | 0.55 | 0.68 | 0.55 | 0.66 | 0.79 | 1.11 |
| Debt / assetsi | 24.76 | 32.16 | 25.34 | 24.81 | 25.91 | 22.24 | 18.58 | 19.66 |
| LT debt / equityi | 147.58 | 225.83 | 161.77 | 108.52 | 122.00 | 96.45 | 77.32 | 70.65 |
| Interest coveragei | 27.89 | 25.36 | 35.18 | 52.06 | 32.46 | 45.77 | 52.17 | 58.21 |
| Revenue CAGR (3Y) %i | 0.95 | 3.49 | 4.18 | 13.99 | 7.53 | 2.73 | -3.24 | 6.41 |
| Net income CAGR (3Y) %i | 24.62 | 28.94 | 62.45 | 28.58 | 9.72 | 1.49 | -8.27 | 11.98 |
| FCF CAGR (3Y) %i | 0.59 | 1.49 | 12.76 | 7.11 | 2.14 | -8.17 | -2.12 | -16.39 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 70.11 | 68.32 | 62.68 | 64.24 | 70.33 | 68.56 |
| ROA %i | 16.44 | 16.74 | 15.20 | 16.64 | 18.65 | 18.93 |
| ROIC %i | 36.79 | 37.10 | 34.72 | 36.88 | 38.64 | 38.82 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 38.93 | 41.24 | 40.01 | 41.59 | 39.82 | 39.49 |
| FCF / sales %i | 33.84 | 31.45 | 24.66 | 14.32 | 15.94 | 20.78 |
| Current ratioi | 0.83 | 0.93 | 0.98 | 1.17 | 0.97 | 1.09 |
| Quick ratioi | 0.83 | 0.93 | 0.98 | 1.11 | 0.97 | 1.09 |
| Debt / assetsi | 21.81 | 20.43 | 19.86 | 19.66 | 21.47 | 21.58 |
| LT debt / equityi | 83.84 | 77.31 | 78.11 | 70.65 | 79.52 | 74.97 |
| Interest coveragei | 50.89 | 54.57 | 53.83 | 58.21 | 56.65 | 57.12 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Investment management business100.00%
Quote time 2026-10-08 07:00:04 · For reference only, not investment advice and not tailored to your situation.