APAM · Artisan Partners Asset Management Inc.

$42.18 -0.50 (-1.17%) At close · Aug 14

Market Cap

$3.42B

81.07M

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue

$1.2B +7.6%

FY2025

Net Income

$290.32M +11.8%

FY2025

Operating Margin

33.39% +0.4pp

FY2025

Diluted EPS

$4.05 +10.7%

FY2025

Operating Cash Flow

$171.99M -53.9%

FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Income Statement Balance Sheet Cash Flow Adjusted All Metrics

Annual Quarterly

Line Item	3Y	5Y	10Y	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Revenue	+6.4%	+5.9%	+4.0%	$1.25B	$1.2B	$1.11B	$975.13M	$993.29M	$1.23B	$899.57M	$798.95M	$828.64M	$795.62M	$720.86M	$805.47M	$828.7M	$685.84M	$505.58M	$455.09M
Selling & Marketing	+4.6%	+3.0%	—	$30.16M	$28.13M	$25.76M	$23.62M	$24.61M	$31.72M	$24.31M	$23.17M	$26.56M	$29.62M	—	—	—	—	—	—
Depreciation & Amortization	+6.3%	+7.2%	+7.6%	—	$9.38M	$9.86M	$9.35M	$7.8M	$6.93M	$6.63M	$6.23M	$5.67M	$5.3M	$5.27M	$4.52M	$3.25M	$3.23M	$2.4M	$2.36M
Total Operating Expenses	+7.1%	+8.0%	+4.3%	$835.56M	$797.06M	$745.17M	$671.54M	$649.19M	$686.75M	$541.24M	$515.5M	$523.69M	$509.21M	$486.63M	$523.08M	$521.8M	$947.05M	$458.49M	$300.8M
Operating Income	+5.1%	+2.2%	+3.5%	$412.15M	$399.63M	$366.63M	$303.59M	$344.1M	$540.49M	$358.32M	$283.46M	$304.94M	$286.41M	$234.23M	$282.39M	$306.9M	-$261.2M	$47.09M	$154.3M
Operating Margin	—	—	—	—	33.39%	32.98%	31.13%	34.64%	44.04%	39.83%	35.48%	36.8%	36%	32.49%	35.06%	37.03%	-38.09%	9.31%	33.9%
EBITDA	+5.1%	+2.3%	+3.6%	—	$409.01M	$376.49M	$312.94M	$351.89M	$547.42M	$364.95M	$289.69M	$310.61M	$291.71M	$239.51M	$286.9M	$310.15M	-$257.98M	$49.49M	$156.66M
Interest Expense	-4.8%	-4.6%	-3.1%	$8.63M	$8.55M	$8.61M	$8.57M	$9.91M	$10.8M	$10.8M	$11.05M	$11.22M	$11.45M	$11.65M	$11.71M	$11.57M	$11.87M	$11.44M	$18.39M
Interest Income	+204.1%	—	—	$9.7M	$9.36M	$9.61M	$6.3M	$333K	$559K	—	—	—	—	—	—	—	—	—	—
Other Non-Operating Income	—	+52.2%	—	$71.89M	$89.5M	$73.92M	$80.1M	-$32.26M	$11.06M	$10.97M	-$14.19M	-$3.15M	$284.83M	-$9.75M	-$23.51M	-$15.36M	$53.46M	-$3.46M	-$23.16M
Investment Income (Loss)	-32.4%	-17.7%	—	—	—	—	—	—	—	$160K	$5.1M	$688K	$519K	$1.07M	$424K	$300K	$4.1M	$497K	—
Pretax Income	+16.2%	+5.8%	+6.6%	$484.05M	$489.13M	$440.55M	$383.69M	$311.84M	$551.55M	$369.3M	$269.27M	$301.79M	$571.25M	$224.48M	$258.88M	$291.54M	-$207.74M	$43.62M	$131.13M
Income Tax	+20.6%	+12.8%	+9.1%	$111.05M	$111.25M	$90.9M	$71.89M	$63.45M	$107.03M	$60.8M	$27.81M	$47.6M	$420.51M	$51.48M	$46.77M	$48.83M	$26.39M	$1.05M	$1.16M
Net Income	+12.0%	+6.4%	+13.5%	$300.5M	$290.32M	$259.75M	$222.29M	$206.76M	$336.52M	$212.62M	$156.54M	$158.31M	$49.6M	$73.03M	$81.8M	$69.63M	$24.81M	$0	$0
Net Margin	—	—	—	—	24.26%	23.36%	22.8%	20.82%	27.42%	23.64%	19.59%	19.1%	6.23%	10.13%	10.16%	8.4%	3.62%	0%	0%
Net Income Attributable to Noncontrolling Interests	-11.3%	—	—	$78.86M	—	—	—	—	—	—	—	$91.05M	$99.04M	$99.97M	$130.31M	$173.09M	-$269.56M	$33.76M	$133.07M
Net Income Available to Common Stockholders	+13.1%	+7.0%	+15.0%	$274.46M	$265.87M	$237.45M	$202.41M	$183.95M	$305.09M	$189.35M	$135.38M	$138.86M	$33.57M	$59.97M	$65.77M	-$10.3M	-$28.17M	—	—
Comprehensive Income	+12.4%	+6.5%	+13.6%	$300.05M	$291.4M	$259.53M	$222.9M	$204.99M	$336.2M	$213.05M	$157.01M	$157.55M	$50.38M	$71.76M	$81.22M	$69.46M	$25.19M	$0	$0
EPS (Basic) USD/shares	+11.3%	+3.6%	—	—	$4.05	$3.66	$3.19	$2.94	$5.10	$3.40	$2.65	$2.84	—	—	—	—	—	—	—
EPS (Diluted) USD/shares	+11.3%	+3.6%	—	—	$4.05	$3.66	$3.19	$2.94	$5.09	$3.40	$2.65	$2.84	—	—	—	—	—	—	—
Shares Outstanding (Basic Avg) shares	+1.6%	+3.4%	+6.3%	—	65.6M	64.9M	63.45M	62.48M	59.87M	55.63M	51.13M	48.86M	44.65M	38.14M	35.45M	27.51M	13.78M	—	—
Shares Outstanding (Diluted Avg) shares	+1.6%	+3.4%	+6.3%	—	65.6M	64.94M	63.49M	62.5M	59.88M	55.64M	51.13M	48.86M	44.65M	38.14M	35.45M	27.51M	13.78M	—	—

Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2011–FY2025: $2.23B in dividends.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue

2.62×

Peer median 4.70×

EV/EBIT

7.92×

Peer median 17.38×

P/E (TTM)

10.15×

Peer median 19.37×

Peer medians compare against the 61 similar-size Asset Management companies (of 116 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Geography (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
United States	$956,799,000	$894,543,000	$794,847,000	$812,390,000	$1,021,595,000	$748,327,000	$666,650,000	$698,994,000
Non Us	$239,889,000	$217,259,000	$180,284,000	$180,895,000	$205,641,000	$151,240,000	$132,302,000	$129,641,000

By Product & Service (USD)

Component	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Asset Management1	$1,167,564,000	$1,096,935,000	$970,812,000	$992,728,000	$1,213,924,000	$884,902,000	$794,338,000	$825,679,000
Investment Performance	$29,124,000	$14,867,000	$4,319,000	$557,000	$13,312,000	$14,665,000	$4,614,000	$2,956,000

Key facts CIK 1517302 CUSIP 04316A108 13F (30d) 343 filings 342 filers Visit website Investor relations