Artisan Partners Asset Management Inc.

APAM Financial Asset Management

Artisan Partners Asset Management Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, up 7.63% from fiscal 2024.

Revenue
+3.73%
EPS
+11.8%
Free cash flow
+168.5%
Total debt
+0.07%

Quarter to September 2026, against a year earlier

39.79 0.67 −1.66%
Market cap
$3.2B
P/E
9.4×
Fwd P/E
9.7×
Dividend yield
8.70%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Artisan Partners Asset Management Inc. (APAM) Gross margin

Alert me on Gross margin

Artisan Partners Asset Management Inc.'s gross margin over the twelve months to 30 September 2026 was 43.9%, up 0.5 percentage points from fiscal 2025 (43.4%). Over the past ten years it has ranged from 43.3% (fiscal 2023) to 54.1% (fiscal 2021); the current reading is higher than 18% of that period. That is below the Asset Management industry median of 100.0% and below the Financial sector median of 70.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 43.4% (0.88)
FY2024 44.3% 0.96
FY2023 43.3% (5.33)
FY2022 48.6% (5.50)
FY2021 54.1% 5.27
FY2020 48.9% 1.87
FY2019 47.0% (3.16)
FY2018 50.1% 0.78
FY2017 49.4% 2.62
FY2016 46.7% (1.83)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 48.1% 7.20
Jun 2026 40.9% (3.42)
Mar 2026 44.3% 1.97
Dec 2025 42.4% (3.47)
43 more quarters

Against its own ten years

Low 43.3% High 54.1%
Ten-year median 48.6%
Current reading's percentile 21

Gross margin against peers

Company Gross margin
AAMI Acadian Asset Management Inc. compare 100.0%
FSK FS KKR Capital Corp. compare 100.0%
GBDC Golub Capital BDC, Inc. compare 100.0%
ASST Strive, Inc. compare 100.0%
SII Sprott Inc. compare 100.0%
HTGC Hercules Capital, Inc. compare 100.0%
WT WisdomTree, Inc. compare 100.0%
APAM Artisan Partners Asset Management Inc. 43.9%
AB AllianceBernstein Holding L.P. compare —
Asset Management industry median 100.0%
Financial sector median 70.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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