Artisan Partners Asset Management Inc. (APAM) vs Hercules Capital, Inc. (HTGC)
Artisan Partners Asset Management Inc. and Hercules Capital, Inc. are both Asset Management companies. Artisan Partners Asset Management Inc. and Hercules Capital, Inc. are of similar size ($3.1B and $2.9B). Hercules Capital, Inc. trades at the lower P/E: 8.1× against 8.8×. Hercules Capital, Inc. grew revenue faster over the last twelve months: 12.3% against 9.78%. Hercules Capital, Inc. has the higher net margin (67.7% vs 22.1%) and the lower return on invested capital (4.64% vs 84.8%). Both pay a dividend; Hercules Capital, Inc. yields more (9.25% vs 6.76%). Across the 23 metrics below, Hercules Capital, Inc. leads on 12 and Artisan Partners Asset Management Inc. on 11.
Valuation
Profitability
| Metric | APAM | HTGC | Asset Management median |
|---|---|---|---|
| Gross margin | 43.31% | 100.00% | 100.00% |
| Operating margin | 33.03% | 78.48% | 33.03% |
| Net margin | 22.08% | 67.68% | 13.53% |
| Free cash flow margin | 20.78% | 1.49% | 12.44% |
| Return on equity | 62.29% | 17.32% | 4.83% |
| Return on assets | 18.97% | 8.54% | 1.57% |
| Return on invested capital | 84.76% | 4.64% | 3.04% |
Growth
Health
Dividend
Size
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