What is ARTISAN PARTNERS ASSET MANAGEMENT INC.'s earnings per share (EPS)?

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) reported diluted earnings per share of $4.05 for fiscal year 2025. This represents a 10.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) Financials

APAM

Trailing 12 months to June 30, 2026

Revenue $1.2B +9.8% YoY

Net Income $300.5M +10.7% YoY

EPS (Diluted) $4.12 +9.3% YoY

Free Cash Flow $259.7M -27.4% YoY

Market Cap $2.7B as of Sep 12, 2026

Price / Sales 2.2x on $1.2B revenue, trailing 12 months to June 30, 2026

Price / Earnings 9.0x on $300.5M net income, trailing 12 months to June 30, 2026

Price / Book 6.4x on $420.0M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 31, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 31, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the APAM SEC filings page.

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) reported $1.2B in revenue over the twelve months to Jun 30, 2026, up 9.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI APAM FY2025 2026-08-29

The business combines high operating margins, low capital intensity, and a FY2025 cash-conversion break despite rising earnings.

FY2025 broke the recent cash pattern: earnings were $290M but operating cash flow was $172M, after FY2024 cash generation exceeded reported earnings. With capital spending at only $371K, the earnings-to-cash gap is not explained by reinvestment; rising receivables instead point to working-capital absorption or timing.

Revenue recovered from $975M in FY2023 to $1.2B in FY2025, but the rebound did not restore the earlier margin profile. Operating margin settled at 33.4% versus 44.0% in FY2021, suggesting current economics remain below the earlier peak.

Debt-to-equity declined from 0.7x in FY2021 to 0.4x in FY2025 as equity expanded, indicating balance-sheet strengthening rather than leverage-funded growth. FY2025 dividends of $257M exceeded free cash flow of $172M, consistent with a distribution-heavy financing pattern rather than reinvestment-led cash use.

Financial Health Signals

Financial Health Score 57/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of ARTISAN PARTNERS ASSET MANAGEMENT INC.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

ARTISAN PARTNERS ASSET MANAGEMENT INC. has an operating margin of 33.4%, meaning the company retains $33 of operating profit per $100 of revenue. This strong profitability earns a score of 93/100, reflecting efficient cost management and pricing power. This is up from 33.0% the prior year.

Growth

ARTISAN PARTNERS ASSET MANAGEMENT INC.'s revenue grew 7.6% year-over-year to $1.2B, a solid pace of expansion. This earns a growth score of 67/100.

Leverage

ARTISAN PARTNERS ASSET MANAGEMENT INC. carries a low D/E ratio of 0.43, meaning only $0.43 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 92/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Not available for ARTISAN PARTNERS ASSET MANAGEMENT INC., and counted as zero in the overall score.

Cash Flow

ARTISAN PARTNERS ASSET MANAGEMENT INC. converts 14.3% of revenue into free cash flow ($171.6M). This strong cash generation earns a score of 89/100.

Returns

Not available for ARTISAN PARTNERS ASSET MANAGEMENT INC., and counted as zero in the overall score.

Piotroski F-Score Partial

5/7

ARTISAN PARTNERS ASSET MANAGEMENT INC. passes 5 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

0.59x

For every $1 of reported earnings, ARTISAN PARTNERS ASSET MANAGEMENT INC. generates $0.59 in operating cash flow ($172.0M OCF vs $290.3M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage Safe

51.23x

ARTISAN PARTNERS ASSET MANAGEMENT INC. earns $51.23 in operating income for every $1 of interest expense ($399.6M vs $7.8M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$307.9M

YoY+8.9%

QoQ+1.6%

5Y CAGR+0.2%

10Y CAGR+5.5%

ARTISAN PARTNERS ASSET MANAGEMENT INC. generated $307.9M in revenue in Q2 2026. This represents an increase of 8.9% from the same quarter a year earlier. Against the prior quarter it is up 1.6%.

EBITDA

$86.9M

YoY+5.6%

QoQ-10.0%

5Y CAGR-9.0%

10Y CAGR+3.7%

ARTISAN PARTNERS ASSET MANAGEMENT INC.'s EBITDA was $86.9M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 5.6% from the same quarter a year earlier. Against the prior quarter it is down 10.0%.

Net Income

$80.8M

YoY+19.6%

QoQ+39.3%

5Y CAGR-1.7%

10Y CAGR+16.0%

ARTISAN PARTNERS ASSET MANAGEMENT INC. reported $80.8M in net income in Q2 2026. This represents an increase of 19.6% from the same quarter a year earlier. Against the prior quarter it is up 39.3%.

EPS (Diluted)

$1.11

YoY+18.1%

QoQ+46.1%

5Y CAGR-3.6%

ARTISAN PARTNERS ASSET MANAGEMENT INC. earned $1.11 per diluted share (EPS) in Q2 2026. This represents an increase of 18.1% from the same quarter a year earlier. Against the prior quarter it is up 46.1%.

Cash & Balance Sheet

Free Cash Flow

$115.4M

YoY+126.9%

QoQ-36.3%

5Y CAGR+11.9%

10Y CAGR+5.2%

ARTISAN PARTNERS ASSET MANAGEMENT INC. generated $115.4M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 126.9% from the same quarter a year earlier. Against the prior quarter it is down 36.3%.

Cash & Debt

$350.6M

YoY+12.5%

QoQ+16.7%

5Y CAGR+7.7%

10Y CAGR+5.9%

ARTISAN PARTNERS ASSET MANAGEMENT INC. held $350.6M in cash against $190.0M in long-term debt as of Q2 2026.

Dividends Per Share

$0.77

YoY+13.2%

QoQ-51.3%

5Y CAGR-2.6%

10Y CAGR+2.5%

ARTISAN PARTNERS ASSET MANAGEMENT INC. paid $0.77 per share in dividends in Q2 2026. This represents an increase of 13.2% from the same quarter a year earlier. Against the prior quarter it is down 51.3%.

Shares Outstanding

81M

YoY+0.4%

QoQ0.0%

5Y CAGR+0.5%

10Y CAGR+0.9%

ARTISAN PARTNERS ASSET MANAGEMENT INC. had 81M shares outstanding in Q2 2026. This represents an increase of 0.4% from the same quarter a year earlier. It is unchanged from the prior quarter.

Margins & Returns

Operating Margin

27.5%

YoY-0.7pp

QoQ-3.6pp

5Y change-17.7pp

10Y change-5.2pp

ARTISAN PARTNERS ASSET MANAGEMENT INC.'s operating margin was 27.5% in Q2 2026, reflecting core business profitability. This is down 0.7 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.6 percentage points.

Net Margin

26.3%

YoY+2.4pp

QoQ+7.1pp

5Y change-2.7pp

10Y change+16.1pp

ARTISAN PARTNERS ASSET MANAGEMENT INC.'s net profit margin was 26.3% in Q2 2026, showing the share of revenue converted to profit. This is up 2.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.1 percentage points.

Return on Equity

19.2%

YoY+1.5pp

QoQ+4.3pp

5Y change-20.8pp

10Y change+4.4pp

ARTISAN PARTNERS ASSET MANAGEMENT INC.'s ROE was 19.2% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 1.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.3 percentage points.

Gross Margin

Not reported for Q2 2026.

Capital Allocation

Capital Expenditures

$373K

YoY+492.1%

QoQ-28.0%

5Y CAGR-16.8%

10Y CAGR-18.2%

ARTISAN PARTNERS ASSET MANAGEMENT INC. invested $373K in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 492.1% from the same quarter a year earlier. Against the prior quarter it is down 28.0%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

APAM Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

APAM quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$1.2B	$1.2B+7.6%	$1.1B+14.0%	$975.1M-1.8%	$993.3M-19.1%	$1.2B+36.4%	$899.6M+12.6%	$799.0M-3.6%	$828.6M+4.1%	$795.6M+10.4%	$720.9M-10.5%	$805.5M-2.8%	$828.7M+20.8%	$685.8M+35.7%	$505.6M+11.1%	$455.1M
SG&A Expenses	$679.2M	$649.6M+9.3%	$594.1M+12.2%	$529.4M+3.7%	$510.4M-9.4%	$563.1M+29.2%	$435.8M+8.8%	$400.5M-3.1%	$413.2M+2.6%	$402.9M+4.9%	$383.9M-7.3%	$414.2M-0.2%	$415.0M-51.5%	$856.4M+123.5%	$383.1M+64.3%	$233.2M
Operating Income	$412.2M	$399.6M+9.0%	$366.6M+20.8%	$303.6M-11.8%	$344.1M-36.3%	$540.5M+50.8%	$358.3M+26.4%	$283.5M-7.0%	$304.9M+6.5%	$286.4M+22.3%	$234.2M-17.1%	$282.4M-8.0%	$306.9M+217.5%	-$261.2M-654.7%	$47.1M-69.5%	$154.3M
EBITDA	N/A	$409.0M+8.6%	$376.5M+20.3%	$312.9M-11.1%	$351.9M-35.7%	$547.4M+50.0%	$364.9M+26.0%	$289.7M-6.7%	$310.6M+6.5%	$291.7M+21.8%	$239.5M-16.5%	$286.9M-7.5%	$310.2M+220.2%	-$258.0M-621.3%	$49.5M-68.4%	$156.7M
Interest Expense	$7.9M	$7.8M0.0%	$7.8M-9.0%	$8.6M-13.5%	$9.9M-8.2%	$10.8M0.0%	$10.8M-2.3%	$11.1M-1.5%	$11.2M-2.0%	$11.4M-1.8%	$11.7M-0.5%	$11.7M+1.2%	$11.6M-2.5%	$11.9M+3.7%	$11.4M-37.8%	$18.4M
Income Tax	$111.0M	$111.3M+22.4%	$90.9M+26.4%	$71.9M+13.3%	$63.5M-40.7%	$107.0M+76.0%	$60.8M+118.6%	$27.8M-41.6%	$47.6M-88.7%	$420.5M+716.8%	$51.5M+10.1%	$46.8M-4.2%	$48.8M+85.0%	$26.4M+2420.5%	$1.0M-9.9%	$1.2M
Net Income	$300.5M	$290.3M+11.8%	$259.7M+16.8%	$222.3M+7.5%	$206.8M-38.5%	$336.5M+58.3%	$212.6M+35.8%	$156.5M-1.1%	$158.3M+219.2%	$49.6M-32.1%	$73.0M-10.7%	$81.8M+17.5%	$69.6M+180.7%	$24.8M	$0	$0
EPS (Basic)	N/A	$4.05+10.7%	$3.66+14.7%	$3.19+8.5%	$2.94-42.4%	$5.10+50.0%	$3.40+28.3%	$2.65-6.7%	$2.84	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	$4.12	$4.05+10.7%	$3.66+14.7%	$3.19+8.5%	$2.94-42.2%	$5.09+49.7%	$3.40+28.3%	$2.65-6.7%	$2.84	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Diluted Shares (Avg)	N/A	66M+1.0%	65M+2.3%	63M+1.6%	62M+4.4%	60M+7.6%	56M+8.8%	51M+4.6%	49M	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$307.9M+8.9%	$303.0M+9.3%	$335.5M+12.9%	$301.3M+7.8%	$282.7M+4.4%	$277.1M+4.8%	$297.1M+19.3%	$279.6M+12.4%
SG&A Expenses	$182.0M+9.7%	$168.7M+8.7%	$165.3M+11.4%	$163.2M+9.5%	$165.9M+13.0%	$155.2M+3.5%	$148.4M+8.5%	$149.0M+14.1%
Operating Income	$84.6M+6.1%	$94.2M+8.9%	$131.5M+20.5%	$101.8M+9.3%	$79.8M-7.9%	$86.5M+11.5%	$109.2M+42.8%	$93.2M+13.4%
EBITDA	$86.9M+5.6%	$96.5M+8.4%	$133.6M+19.8%	$104.2M+8.7%	$82.3M-7.7%	$89.0M+11.2%	$111.5M+41.4%	$95.9M+13.4%
Interest Expense	$2.0M0.0%	$2.0M+5.3%	$1.9M+15.5%	$2.0M+5.3%	$2.0M-8.8%	$1.9M-7.8%	$1.6M-19.8%	$1.9M-17.3%
Income Tax	$25.9M+4.2%	$18.8M-6.2%	$29.4M+14.9%	$37.0M+50.3%	$24.9M+32.7%	$20.0M-8.9%	$25.6M+26.5%	$24.6M+68.9%
Net Income	$80.8M+19.6%	$58.0M-5.1%	$94.8M+36.1%	$66.8M-8.4%	$67.6M+17.3%	$61.1M+2.8%	$69.7M+7.5%	$73.0M+37.3%
EPS (Basic)	$1.11+18.1%	$0.76-7.3%	$1.32+34.7%	$0.93-9.7%	$0.94+17.5%	$0.82-2.4%	$0.98+6.5%	$1.03+35.5%
EPS (Diluted)	$1.11+18.1%	$0.76-7.3%	$1.32+34.7%	$0.93-9.7%	$0.94+17.5%	$0.82-2.4%	$0.98+6.5%	$1.03+35.5%
Diluted Shares (Avg)	66M+1.1%	66M+1.2%	N/A	66M+0.8%	66M+1.0%	65M+1.6%	N/A	65M+2.5%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.

APAM Balance Sheet

APAM quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$1.6B-2.6%	$1.6B+15.1%	$1.4B+13.9%	$1.2B+2.2%	$1.2B+4.9%	$1.2B+23.4%	$933.6M+16.0%	$805.0M-3.8%	$837.2M-10.6%	$936.2M-1.0%	$945.8M+11.3%	$849.5M+46.1%	$581.4M+102.2%	$287.6M	N/A
Cash & Equivalents	$255.5M-4.7%	$268.2M+50.3%	$178.5M+24.6%	$143.2M-28.7%	$200.8M+0.7%	$199.4M+48.2%	$134.6M-16.1%	$160.5M+16.9%	$137.3M-12.4%	$156.8M-5.7%	$166.2M-8.8%	$182.3M-14.0%	$211.8M+50.1%	$141.2M+11.2%	$127.0M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$154.5M+30.2%	$118.7M+17.3%	$101.2M+2.6%	$98.6M-14.9%	$115.8M+16.0%	$99.9M+22.0%	$81.9M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$0	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$1.1B-7.4%	$1.2B+53.3%	$802.1M-2.2%	$820.0M+2.4%	$801.1M-7.6%	$867.2M+15.3%	$752.0M+19.3%	$630.2M-5.5%	$666.5M-18.6%	$818.5M-1.3%	$829.3M+11.8%	$742.0M+65.2%	$449.1M+56.2%	$287.6M	N/A
Long-Term Debt	$190.0M-5.0%	$200.0M0.0%	$200.0M0.0%	$200.0M0.0%	$200.0M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$438.8M+12.8%	$388.9M+20.0%	$324.2M+23.6%	$262.2M-5.1%	$276.2M+53.0%	$180.5M+35.7%	$133.0M-1.5%	$135.0M+22.9%	$109.9M-16.5%	$131.7M+1.3%	$130.0M+17.3%	$110.9M+153.3%	$43.8M	$0+100.0%	-$641.1M
Retained Earnings	$203.4M+19.6%	$170.0M+28.7%	$132.1M+41.9%	$93.1M-31.0%	$134.9M+84.9%	$72.9M+64.1%	$44.5M+15.1%	$38.6M+202.0%	-$37.9M-382.7%	$13.4M+1.2%	$13.2M-19.4%	$16.4M+1071.8%	$1.4M	$0	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$1.5B+1.0%	$1.4B+5.2%	$1.6B-2.6%	$1.6B-1.8%	$1.4B-4.0%	$1.4B-9.6%	$1.6B+15.1%	$1.6B+13.6%
Cash & Equivalents	$350.6M+12.5%	$300.4M+16.0%	$255.5M-4.7%	$342.2M+22.3%	$311.6M+33.8%	$259.0M+13.3%	$268.2M+50.3%	$279.8M+21.4%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$122.6M+4.7%	$140.2M-6.2%	$154.5M+30.2%	$114.0M+3.6%	$117.0M+5.5%	$149.5M+31.8%	$118.7M+17.3%	$110.0M+14.5%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$40.3M	$40.3M	$0	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$908.1M+8.1%	$927.6M+6.9%	$1.1B-7.4%	$884.6M-28.6%	$840.4M-27.8%	$868.1M-3.4%	$1.2B+53.3%	$1.2B+41.6%
Long-Term Debt	$190.0M-5.0%	$190.0M-5.0%	$190.0M-5.0%	$190.0M-5.0%	$200.0M0.0%	$200.0M0.0%	$200.0M0.0%	$200.0M0.0%
Total Equity	$420.0M+10.0%	$389.0M+9.1%	$438.8M+12.8%	$402.1M+8.1%	$381.8M+11.9%	$356.5M+11.3%	$388.9M+20.0%	$372.1M+25.0%
Retained Earnings	$174.8M+12.1%	$149.0M+9.1%	$203.4M+19.6%	$171.0M+8.0%	$155.9M+15.2%	$136.5M+13.2%	$170.0M+28.7%	$158.2M+41.0%

Not reported in any period shown, so not listed: Current Assets, Inventory, Current Liabilities, Non-Current Liabilities.

APAM Cash Flow Statement

APAM quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$260.7M	$172.0M-53.9%	$372.8M+47.4%	$253.0M-19.1%	$312.6M-21.6%	$398.6M+25.1%	$318.7M+8.8%	$292.8M-12.2%	$333.3M+47.5%	$226.0M-16.4%	$270.4M-15.8%	$321.2M-8.6%	$351.6M+213.4%	$112.2M-13.8%	$130.1M+26.0%	$103.2M
Depreciation & Amortization	N/A	$9.4M-4.9%	$9.9M+5.5%	$9.3M+19.9%	$7.8M+12.5%	$6.9M+4.6%	$6.6M+6.3%	$6.2M+10.0%	$5.7M+7.0%	$5.3M+0.5%	$5.3M+16.7%	$4.5M+39.0%	$3.3M+0.8%	$3.2M+34.3%	$2.4M+1.7%	$2.4M
Stock-Based Compensation	N/A	$27.4M-12.4%	$31.3M-2.8%	$32.2M-19.6%	$40.0M+2.0%	$39.2M+7.5%	$36.5M-13.4%	$42.1M-20.4%	$52.9M+317.1%	$12.7M-54.9%	$28.1M-33.3%	$42.1M-52.3%	$88.3M-86.5%	$655.4M	$0	$0
Capital Expenditures	$993K	$371K-76.4%	$1.6M-30.4%	$2.3M-66.0%	$6.6M+172.6%	$2.4M+18.8%	$2.0M-41.4%	$3.5M+23.4%	$2.8M+79.6%	$1.6M-46.2%	$2.9M-22.7%	$3.8M-20.9%	$4.8M+103.3%	$2.4M-14.0%	$2.7M+70.0%	$1.6M
Free Cash Flow	$259.7M	$171.6M-53.8%	$371.3M+48.1%	$250.8M-18.0%	$306.0M-22.8%	$396.1M+25.1%	$316.6M+9.4%	$289.3M-12.5%	$330.5M+47.3%	$224.4M-16.1%	$267.4M-15.8%	$317.4M-8.5%	$346.8M+215.8%	$109.8M-13.7%	$127.3M+25.3%	$101.6M
Investing Cash Flow	$63.6M	$35.2M+241.7%	-$24.9M+34.8%	-$38.2M+40.1%	-$63.7M-136.3%	-$27.0M-243.8%	$18.8M+207.1%	-$17.5M-22.1%	-$14.3M-204.9%	-$4.7M-101.9%	-$2.3M+79.4%	-$11.3M-45.7%	-$7.8M-188.9%	$8.7M+963.7%	-$1.0M+94.8%	-$19.6M
Financing Cash Flow	-$255.6M	-$183.0M+28.0%	-$254.2M-45.3%	-$175.0M+42.9%	-$306.4M+8.7%	-$335.4M-18.8%	-$282.2M+7.9%	-$306.6M-16.4%	-$263.5M-20.4%	-$218.9M+21.2%	-$277.7M+14.8%	-$326.0M+12.7%	-$373.3M-643.3%	-$50.2M+56.3%	-$114.8M+0.7%	-$115.6M
Dividends Paid	$281.7M	$257.1M+15.8%	$222.0M+21.0%	$183.4M-26.3%	$248.7M-9.5%	$274.7M+35.3%	$203.0M+7.9%	$188.2M+12.2%	$167.8M+28.1%	$131.0M+13.6%	$115.4M-6.9%	$123.9M+24.2%	$99.8M+582.6%	$14.6M	$0	$0
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$0	$0-100.0%	$76.3M	$0	$0

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$115.8M+127.3%	$181.8M+15.1%	-$77.3M-307.8%	$40.4M-64.2%	$50.9M-32.9%	$157.9M+7.4%	$37.2M+480.3%	$112.8M+41.5%
Depreciation & Amortization	$2.2M-9.8%	$2.3M-7.7%	$2.1M-12.7%	$2.3M-12.6%	$2.5M+2.0%	$2.5M+4.4%	$2.4M-3.7%	$2.7M+12.1%
Stock-Based Compensation	$6.9M+0.1%	$7.2M-2.9%	N/A	$6.7M-10.2%	$6.9M-11.8%	$7.5M-10.0%	N/A	$7.5M-3.4%
Capital Expenditures	$373K+492.1%	$518K+151.5%	$67K-85.6%	$35K-89.7%	$63K-90.3%	$206K+77.6%	$464K-72.2%	$341K+132.0%
Free Cash Flow	$115.4M+126.9%	$181.2M+14.9%	-$77.3M-310.6%	$40.4M-64.1%	$50.9M-32.4%	$157.7M+7.3%	$36.7M+420.7%	$112.4M+41.3%
Investing Cash Flow	$34.8M+6.3%	-$12.0M+68.7%	$30.9M+6961.6%	$9.8M+4142.2%	$32.7M+633.8%	-$38.3M-31.5%	-$451K+72.4%	$232K+115.2%
Financing Cash Flow	-$100.4M-223.5%	-$95.1M-3.5%	-$40.4M+16.4%	-$19.7M+70.2%	-$31.0M+59.1%	-$91.9M-44.0%	-$48.3M-18.8%	-$66.1M-62.9%
Dividends Paid	$55.1M+14.3%	$112.5M+18.8%	$62.4M+7.7%	$51.8M+3.4%	$48.2M+12.2%	$94.7M+33.4%	$57.9M+28.9%	$50.1M+18.8%

Not reported in any period shown, so not listed: Share Buybacks.

APAM Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

APAM quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Margin	33.4%+0.4pp	33.0%+1.8pp	31.1%-3.5pp	34.6%-9.4pp	44.0%+4.2pp	39.8%+4.3pp	35.5%-1.3pp	36.8%+0.8pp	36.0%+3.5pp	32.5%-2.6pp	35.1%-2.0pp	37.0%+75.1pp	-38.1%-47.4pp	9.3%-24.6pp	33.9%
Net Margin	24.3%+0.9pp	23.4%+0.6pp	22.8%+2.0pp	20.8%-6.6pp	27.4%+3.8pp	23.6%+4.1pp	19.6%+0.5pp	19.1%+12.9pp	6.2%-3.9pp	10.1%0.0pp	10.2%+1.8pp	8.4%+4.8pp	3.6%+3.6pp	0.0%0.0pp	0.0%
Return on Equity	66.1%-0.6pp	66.8%-1.8pp	68.6%-10.3pp	78.9%-43.0pp	121.8%+4.0pp	117.8%+0.1pp	117.7%+0.5pp	117.2%+72.1pp	45.1%-10.3pp	55.5%-7.5pp	62.9%+0.1pp	62.8%+6.1pp	56.7%	N/A	N/A
Return on Assets	18.4%+2.4pp	16.0%+0.2pp	15.8%-0.9pp	16.8%-11.1pp	27.9%+9.4pp	18.5%+1.7pp	16.8%-2.9pp	19.7%+13.8pp	5.9%-1.9pp	7.8%-0.8pp	8.6%+0.4pp	8.2%+3.9pp	4.3%+4.3pp	0.0%	N/A
Debt-to-Equity	0.43-0.1x	0.51-0.1x	0.62-0.1x	0.760.0x	0.72-4.1x	4.80-0.9x	5.66+1.0x	4.67-1.4x	6.06-0.2x	6.21-0.2x	6.38-0.3x	6.69-3.6x	10.26	N/A	N/A
Asset Turnover	0.76+0.1x	0.690.0x	0.69-0.1x	0.80-0.2x	1.02+0.2x	0.78-0.1x	0.86-0.2x	1.03+0.1x	0.95+0.2x	0.77-0.1x	0.85-0.1x	0.98-0.2x	1.18-0.6x	1.76	N/A
FCF Margin	14.3%-19.0pp	33.4%+7.7pp	25.7%-5.1pp	30.8%-1.5pp	32.3%-2.9pp	35.2%-1.0pp	36.2%-3.7pp	39.9%+11.7pp	28.2%-8.9pp	37.1%-2.3pp	39.4%-2.4pp	41.9%+25.8pp	16.0%-9.2pp	25.2%+2.9pp	22.3%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Margin	27.5%-0.7pp	31.1%-0.1pp	39.2%+2.5pp	33.8%+0.5pp	28.2%-3.8pp	31.2%+1.8pp	36.8%+6.1pp	33.3%+0.3pp
Net Margin	26.3%+2.4pp	19.1%-2.9pp	28.2%+4.8pp	22.2%-3.9pp	23.9%+2.6pp	22.1%-0.4pp	23.4%-2.6pp	26.1%+4.7pp
Return on Equity	19.2%+1.5pp	14.9%-2.2pp	21.6%+3.7pp	16.6%-3.0pp	17.7%+0.8pp	17.2%-1.4pp	17.9%-2.1pp	19.6%+1.8pp
Return on Assets	5.5%+0.9pp	4.0%-0.4pp	6.0%+1.7pp	4.2%-0.3pp	4.7%+0.9pp	4.5%+0.5pp	4.3%-0.3pp	4.5%+0.8pp
Debt-to-Equity	0.45-0.1x	0.49-0.1x	0.43-0.1x	0.47-0.1x	0.52-0.1x	0.56-0.1x	0.51-0.1x	0.54-0.1x
Asset Turnover	0.210.0x	0.210.0x	0.210.0x	0.190.0x	0.200.0x	0.200.0x	0.180.0x	0.170.0x
FCF Margin	37.5%+19.5pp	59.8%+2.9pp	-23.0%-35.4pp	13.4%-26.8pp	18.0%-9.8pp	56.9%+1.3pp	12.4%+17.0pp	40.2%+8.2pp

Not reported in any period shown, so not listed: Gross Margin, Current Ratio.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
ARTISAN PARTNERS ASSET MANAGEMENT INC. APAM	FY2025	$1.2B	$290.3M	24.3%	$2.7B	57/100
Victory Capital VCTR	FY2025	$1.3B	$330.1M	25.3%	$6.8B	53/100
Alliancebernstein Hldg L P AB	FY2025	N/A	$299.8M	N/A	$3.4B	—
Federated Hermes Inc FHI	FY2025	$1.8B	$403.3M	22.4%	$4.6B	82/100
Cohen & Steers Inc CNS	FY2025	$556.1M	$153.2M	27.6%	$3.9B	39/100
Hercules Capital Inc HTGC	FY2025	$507.9M	$339.7M	66.9%	$3.3B	19/100

Where ARTISAN PARTNERS ASSET MANAGEMENT INC. Ranks

Frequently Asked Questions

What is ARTISAN PARTNERS ASSET MANAGEMENT INC.'s annual revenue?

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) reported $1.2B in total revenue for fiscal year 2025. This represents a 7.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is ARTISAN PARTNERS ASSET MANAGEMENT INC.'s revenue growing?

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) revenue grew by 7.6% year-over-year, from $1.1B to $1.2B in fiscal year 2025.

Is ARTISAN PARTNERS ASSET MANAGEMENT INC. profitable?

Yes, ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) reported a net income of $290.3M in fiscal year 2025, with a net profit margin of 24.3%.

What is ARTISAN PARTNERS ASSET MANAGEMENT INC.'s EBITDA?

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) had EBITDA of $409.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does ARTISAN PARTNERS ASSET MANAGEMENT INC. have?

As of fiscal year 2025, ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) had $255.5M in cash and equivalents against $190.0M in long-term debt.

What is ARTISAN PARTNERS ASSET MANAGEMENT INC.'s operating margin?

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) had an operating margin of 33.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is ARTISAN PARTNERS ASSET MANAGEMENT INC.'s net profit margin?

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) had a net profit margin of 24.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does ARTISAN PARTNERS ASSET MANAGEMENT INC. pay dividends?

Yes, ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) paid $3.63 per share in dividends during fiscal year 2025.

What is ARTISAN PARTNERS ASSET MANAGEMENT INC.'s return on equity (ROE)?

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) has a return on equity of 66.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is ARTISAN PARTNERS ASSET MANAGEMENT INC.'s free cash flow?

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) generated $171.6M in free cash flow during fiscal year 2025. This represents a -53.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is ARTISAN PARTNERS ASSET MANAGEMENT INC.'s operating cash flow?

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) generated $172.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are ARTISAN PARTNERS ASSET MANAGEMENT INC.'s total assets?

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) had $1.6B in total assets as of fiscal year 2025, including both current and long-term assets.

What are ARTISAN PARTNERS ASSET MANAGEMENT INC.'s capital expenditures?

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) invested $371K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does ARTISAN PARTNERS ASSET MANAGEMENT INC. have outstanding?

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) had 81M shares outstanding as of fiscal year 2025.

What is ARTISAN PARTNERS ASSET MANAGEMENT INC.'s debt-to-equity ratio?

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) had a debt-to-equity ratio of 0.43 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is ARTISAN PARTNERS ASSET MANAGEMENT INC.'s return on assets (ROA)?

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) had a return on assets of 18.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is ARTISAN PARTNERS ASSET MANAGEMENT INC.'s P/E ratio?

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) trades at 9.0x earnings, its market capitalization divided by net income of $300.5M net income, trailing 12 months to June 30, 2026. The market capitalization is $2.7B as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is ARTISAN PARTNERS ASSET MANAGEMENT INC.'s price-to-sales ratio?

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) trades at 2.2x sales, its market capitalization divided by revenue of $1.2B revenue, trailing 12 months to June 30, 2026. The market capitalization is $2.7B as of Sep 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is ARTISAN PARTNERS ASSET MANAGEMENT INC.'s Piotroski F-Score?

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) has a Piotroski F-Score of 5 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are ARTISAN PARTNERS ASSET MANAGEMENT INC.'s earnings high quality?

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) has an earnings quality ratio of 0.59x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can ARTISAN PARTNERS ASSET MANAGEMENT INC. cover its interest payments?

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) has an interest coverage ratio of 51.23x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is ARTISAN PARTNERS ASSET MANAGEMENT INC.?

ARTISAN PARTNERS ASSET MANAGEMENT INC. (APAM) scores 57 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.