Pricing Log in Create free account
Saturday 17 October 2026 Export APAM’s income statement to Excel — free account

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. In the quarter to June 2026, revenue grew 8.90%, EPS grew 18.1%, free cash flow grew 126.7% and total debt fell 5.15%, each against the same quarter a year earlier.

32.29 0.47 −1.43%
Market cap
$2.7B
P/E
7.8×
Fwd P/E
10.2×
Dividend yield
7.59%
F-score
6/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.30
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — 1 — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 2,660.00
Revenue 1,247.71
Net Income 373.00
Free Cash Flow 259.32
Net Debt (161.39)
Current Ratio 0.90
Debt/Equity 0.41
P/E ratio 7.84
Fwd P/E 10.20
P/S ratio 1.72
P/B ratio 4.60
Past 5Y EPS Growth 3.56%
This Y EPS Growth (4.71%) (below 0%: weak)
Next Y EPS Growth (2.67%) (below 0%: weak)
Next Y revenue growth 2.78%
Next 5Y EPS Growth (2.52%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 3.65%
10-year low 10-year high
P/S against its own 10 years 23.37%
10-year low 10-year high
P/B against its own 10 years 0.11%
10-year low 10-year high

Dividends

Payout Ratio 0.59
Annual Dividend Rate 2.45
Annual Dividend Yield 7.59%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 3.48
0.57
0.77
0.80
2025 3.55
0.50
0.68
0.73
0.88
2024 2.82
0.68
0.61
0.71
0.82
2023 1.76
0.35
0.50
0.61
0.65
2022 2.95
1.03
0.76
0.60
0.56
2021 3.92
0.97
0.88
1.00
1.07
2020 2.79
0.68
0.61
0.67
0.83
2019 2.36
0.56
0.55
0.60
0.65
2018 1.80
0.79
0.60
0.60
0.60
2017 1.80
0.36
0.60
0.60
0.60
2016 2.40
0.60
0.60
0.60
0.60
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 178 268 256 351
Receivables 115 128 165 133
Inventory — — — —
Other — — — —
308 409 441 505
2023 2024 2025 Q'26
Payables 26 139 46 56
ST’ Debt — — — —
Other — — — —
83 560 484 560

Compound Annual Growth %

10y 5y 3y
Sales 4.04% 5.87% 6.41%
Cash Flow (6.06%) (11.60%) (18.06%)
Earnings 14.99% 4.57% 13.06%
Book Value 15.16% 20.14% 19.62%

Revenue $m

Mar Jun Sep Dec Year
’26 303 308 — — —
’25 277 283 301 336 1,197
’24 264 271 280 297 1,112
’23 235 243 249 249 975
’22 282 251 234 226 993
’21 291 305 317 315 1,227
’20 203 203 233 261 900
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 182 116 — — —
’25 158 51 40 (77) 172
’24 147 76 113 37 373
’23 121 62 80 (10) 253
’22 191 27 89 6 313
’21 193 67 145 (6) 399
’20 120 83 95 20 319
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 181 115 — — —
’25 158 51 40 (78) 171
’24 145 74 112 37 368
’23 118 61 78 (12) 244
’22 188 21 82 3 293
’21 191 64 144 (6) 393
’20 120 83 94 19 316
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.76 1.11 — — —
’25 0.82 0.94 0.93 1.32 4.05
’24 0.84 0.80 1.03 0.97 3.66
’23 0.72 0.76 0.76 0.92 3.19
’22 0.90 0.62 0.65 0.76 2.94
’21 1.19 1.33 1.30 1.25 5.09
’20 0.53 0.72 0.93 1.15 3.40
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 23.65 26.30 20.16 21.21 17.69 43.06 25.67 28.98 37.89 32.75

Analyst estimates 2026–2028

Powerpack
High 35.54 40.65 41.45 32.59 50.87 57.65 48.49 45.92 49.54 48.50
People
People Employees 380 400 425 440 453 498 549 573 584 567
Revenue/emp, $m 1.90 1.99 1.95 1.82 1.99 2.46 1.81 1.70 1.90 2.11
Income, $m
Income, $m Revenue 721 796 829 799 900 1,227 993 975 1,112 1,197
Gross margin, % 46.74 49.36 50.14 46.98 48.85 54.12 48.62 43.29 44.25 43.37
EBT 224 571 302 269 369 552 312 384 441 489
EBT margin, % 31.14 71.80 36.42 33.70 41.05 44.94 31.39 39.35 39.63 40.87
Net income 173 151 254 241 309 445 248 312 350 378
Depreciation 6 6 6 7 7 7 8 10 10 10
Per share, $
Per share, $ Revenue 18.90 17.82 16.96 15.63 16.17 20.50 15.90 15.37 17.13 18.24
Earnings 1.57 0.75 2.84 2.65 3.40 5.10 2.94 3.19 3.66 4.05
Cash flow 7.09 5.06 6.82 5.73 5.73 6.66 5.00 3.99 5.74 2.62
Capex (0.19) (0.13) (0.28) (0.35) (0.06) (0.10) (0.31) (0.14) (0.07) (0.01)
Free cash flow 6.90 4.93 6.54 5.38 5.67 6.56 4.69 3.85 5.67 2.61
Book value 3.09 2.42 2.88 2.71 3.43 4.94 4.47 5.54 6.50 7.29
Shares, m 38 45 49 51 56 60 62 63 65 66
Valuation, ×
Valuation, × P/E 19.68 50.86 7.87 12.43 15.12 9.40 10.50 13.91 11.83 10.16
P/S 1.62 2.17 1.30 2.07 3.11 2.32 1.93 2.86 2.51 2.23
P/B 9.95 15.97 7.69 11.93 14.66 9.64 6.88 7.94 6.62 5.59
EV/Sales 1.68 2.22 1.33 2.14 3.11 2.32 1.99 2.88 2.45 2.18
EV/FCF 4.61 8.02 3.46 6.21 8.87 7.26 6.75 11.50 7.40 15.21
Cash, $m
Cash, $m Operating cash flow 270 226 333 293 319 399 313 253 373 172
Capex (7) (6) (14) (18) (3) (6) (20) (9) (5) (1)
Free cash flow 263 220 319 275 316 393 293 244 368 171
Balance, $m
Balance, $m Working capital (389) (151) (145) (208) (246) (147) (217) 225 (151) (43)
Total debt 199 199 199 199 199 199 199 199 199 189
Net debt 42 39 24 55 0 (1) 56 21 (69) (66)
Shareholders’ equity 118 108 140 139 191 296 279 351 422 478
Returns, %
Returns, % ROA 6.37 3.79 16.91 15.57 20.39 25.85 15.06 15.33 15.70 16.64
ROIC 91.62 121.44 116.04 91.63 117.33 114.65 64.17 50.99 64.87 60.65
ROE 51.20 29.74 111.74 97.05 129.04 125.29 63.95 64.18 61.41 59.07
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Artisan Partners Asset Management Inc. vs peers in Asset Management (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
WT WisdomTree, Inc. $3.3B 38.1× 23.9× +57.31% (above 0%: growing) +76.47% (above 0%: growing) +95.88% (above 0%: growing) 100.00% 40.53% Compare
AB AllianceBernstein Holding L.P. $3.2B 10.3× — — +20.31% (above 0%: growing) −13.25% (below 0%: shrinking) — — Compare
GBDC Golub Capital BDC, Inc. $3.2B 18.6× 15.6× −14.02% (below 0%: shrinking) −35.29% (below 0%: shrinking) +196.17% (above 0%: growing) 100.00% 77.88% Compare
HTGC Hercules Capital, Inc. $3.1B 7.8× 8.8× +8.48% (above 0%: growing) +59.09% (above 0%: growing) +305.69% (above 0%: growing) 100.00% 77.89% Compare
FSK FS KKR Capital Corp. $3.0B — (loss-making) — (loss-making) −27.14% (below 0%: shrinking) n/m +618.52% (above 0%: growing) 100.00% 76.90% Compare
SII Sprott Inc. $2.9B 26.5× 13.0× +23.09% (above 0%: growing) +155.77% (above 0%: growing) +64.22% (above 0%: growing) 100.00% 56.77% Compare
APAM Artisan Partners Asset Management Inc. $2.7B 7.8× 10.2× +8.90% (above 0%: growing) +18.09% (above 0%: growing) +126.73% (above 0%: growing) 40.90% 27.48%
GCMG GCM Grosvenor Inc. $2.6B 16.1× 14.7× −14.09% (below 0%: shrinking) −46.67% (below 0%: shrinking) −11.02% (below 0%: shrinking) 0.00% 0.00% Compare
ASST Strive, Inc. $2.6B — (loss-making) 17.5× +94.64% (above 0%: growing) n/m −10,264.43% (below 0%: shrinking) 100.00% (8,780.99%) Compare
Median of peers $3.0B 17.4× 15.1× +8.48% +39.70% +80.05% 100.00% 56.77%

All 120 Asset Management stocks →

Artisan Partners Asset Management Inc. (APAM) key facts

  • Strength: Artisan Partners Asset Management Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.2 billion, up 7.63% from fiscal 2024.
  • Artisan Partners Asset Management Inc. (APAM) is an Asset Management company in the Financial sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, APAM traded at $32.29, a market capitalization of $2.7 billion.
  • Artisan Partners Asset Management Inc. pays an annual dividend of $2.45 per share, a yield of 7.59%, with a payout ratio of 59.5%.
  • Return on equity was 59.1% and debt-to-equity 0.41.
  • Its Piotroski F-score is 6 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Artisan Partners Asset Management Inc. (APAM) Latest News

No news at this impact. Lower the threshold for more.
stockrow.com/APAM · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com