APAM
Artisan Partners Asset Management Inc
NYSE: APAM · FINANCIAL SERVICES · ASSET MANAGEMENT
$36.63
-3.17% today
Updated 2026-04-29
Market cap
$2.60B
P/E ratio
9.18
P/S ratio
2.17x
EPS (TTM)
$3.99
Dividend yield
—
52W range
$35 – $45
Volume
0.8M
Artisan Partners Asset Management Inc (APAM) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $357.02M | $296.18M | $382.29M | $455.09M | $505.58M | $685.84M | $828.70M | $805.47M | $720.86M | $795.62M | $828.63M | $798.95M | $899.57M | $1.23B | $993.28M | $975.13M | $1.11B | $1.20B |
| Revenue growth (YoY) | — | -17.0% | +29.1% | +19.0% | +11.1% | +35.7% | +20.8% | -2.8% | -10.5% | +10.4% | +4.1% | -3.6% | +12.6% | +36.4% | -19.1% | -1.8% | +14.0% | +7.6% |
| Cost of revenue | $357.02M | — | $263.28M | $233.23M | $383.09M | $856.36M | $414.97M | $414.24M | $383.90M | $402.88M | $413.17M | $399.94M | $435.82M | $563.05M | $510.40M | $529.39M | $594.13M | $649.58M |
| Gross profit | — | $296.18M | $119.01M | $221.86M | $122.48M | $-170.52M | $413.74M | $391.23M | $336.96M | $392.74M | $415.47M | $399.01M | $463.75M | $664.18M | $482.88M | $445.74M | $517.68M | $547.10M |
| Gross margin | 0.0% | 100.0% | 31.1% | 48.8% | 24.2% | -24.9% | 49.9% | 48.6% | 46.7% | 49.4% | 50.1% | 49.9% | 51.6% | 54.1% | 48.6% | 45.7% | 46.6% | 45.7% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| SG&A | — | $205.30M | $30.79M | $41.39M | $46.41M | $52.29M | $57.70M | $65.20M | $70.19M | $76.71M | $83.97M | $91.80M | $81.11M | $91.97M | $114.19M | $118.52M | $125.29M | $112.30M |
| Operating income | $182.37M | $73.10M | $65.20M | $154.29M | $47.09M | $-261.20M | $306.90M | $282.38M | $234.23M | $286.41M | $304.94M | $283.45M | $358.32M | $540.49M | $344.10M | $303.59M | $366.63M | $399.63M |
| Operating margin | 51.1% | 24.7% | 17.1% | 33.9% | 9.3% | -38.1% | 37.0% | 35.1% | 32.5% | 36.0% | 36.8% | 35.5% | 39.8% | 44.0% | 34.6% | 31.1% | 33.0% | 33.4% |
| EBITDA | $184.46M | $75.56M | $69.06M | $151.88M | $57.47M | $-192.65M | $306.37M | $275.20M | $239.51M | $587.99M | $318.68M | $286.55M | $386.73M | $569.29M | $329.54M | $401.61M | $459.02M | $488.89M |
| EBITDA margin | 51.7% | 25.5% | 18.1% | 33.4% | 11.4% | -28.1% | 37.0% | 34.2% | 33.2% | 73.9% | 38.5% | 35.9% | 43.0% | 46.4% | 33.2% | 41.2% | 41.3% | 40.9% |
| EBIT | $182.37M | $73.17M | $66.77M | $149.52M | $55.07M | $-195.87M | $303.12M | $270.68M | $234.23M | $582.69M | $313.01M | $280.32M | $380.10M | $562.35M | $321.75M | $392.26M | $449.16M | $479.59M |
| Interest expense | — | $24.94M | $22.96M | $18.39M | $11.44M | $11.87M | $11.57M | $11.71M | $11.65M | $11.45M | $11.22M | $11.10M | $10.80M | $10.80M | $9.91M | $8.57M | $8.61M | $8.55M |
| Income tax | — | $69647.00 | $1.28M | $1.16M | $1.05M | $26.39M | $48.83M | $46.77M | $51.48M | $420.51M | $47.60M | $27.81M | $60.80M | $107.03M | $63.45M | $71.89M | $90.90M | $111.34M |
| Effective tax rate | 0.0% | 0.1% | 2.9% | 0.9% | 3.0% | 51.5% | 41.2% | 36.4% | 41.3% | 89.4% | 23.1% | 15.1% | 22.2% | 24.1% | 23.5% | 24.4% | 25.9% | 27.7% |
| Net income | $183.32M | $48.23M | $42.53M | $133.07M | $33.76M | $24.81M | $69.63M | $81.80M | $73.03M | $49.60M | $158.31M | $156.54M | $212.62M | $336.52M | $206.75M | $222.29M | $259.75M | $290.32M |
| Net income growth (YoY) | — | -73.7% | -11.8% | +212.9% | -74.6% | -26.5% | +180.7% | +17.5% | -10.7% | -32.1% | +219.2% | -1.1% | +35.8% | +58.3% | -38.6% | +7.5% | +16.9% | +11.8% |
| Profit margin | 51.3% | 16.3% | 11.1% | 29.2% | 6.7% | 3.6% | 8.4% | 10.2% | 10.1% | 6.2% | 19.1% | 19.6% | 23.6% | 27.4% | 20.8% | 22.8% | 23.4% | 24.3% |