Symbols / APAM Stock $36.45 +0.72% Artisan Partners Asset Management Inc.

Financial Services • Asset Management • United States • NYQ
APAM (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Asset Management
CEO Mr. Jason A. Gottlieb
Exch · Country NYQ · United States
Market Cap 2.59B
Enterprise Value 2.70B
Income 262.16M
Sales 1.22B
FCF (ttm) 289.94M
Book/sh 5.48
Cash/sh 4.23
Employees 567
Insider 10d —
IPO Mar 07, 2013
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 82.71%
P/E 9.14
Forward P/E 9.11
PEG —
P/S 2.12
P/B 6.65
P/C —
EV/EBITDA 6.49
EV/Sales 2.21
Quick Ratio 2.75
Current Ratio 2.89
Debt/Eq 60.23
LT Debt/Eq —
EPS (ttm) 3.99
EPS next Y 4.00
EPS Growth -7.50%
Revenue Growth 9.30%
EPS Gr Q/Q -5.10%
Rev Gr Q/Q —
Earnings (next) 2026-07-28
Earnings (prior) 2026-04-28
ROA 18.11%
ROE 72.48%
ROIC —
Gross Margin 45.79%
Oper. Margin 31.09%
Profit Margin 23.49%
Shs Outstand 70.99M
Shs Float 68.93M
Insider Own 2.24%
Instit Own 97.45%
Short Float 11.26%
Short Ratio 7.68
Short Interest 6.12M
52W High 48.50
vs 52W High -24.85%
52W Low 34.99
vs 52W Low 4.17%
Beta 1.68
Impl. Vol. 2.63%
Rel Volume 0.67
Avg Volume 792.14K
Volume 531.18K
Target (mean) $37.75
Tgt Median $37.50
Tgt Low $33.00
Tgt High $43.00
# Analysts 4
Recom Hold
Prev Close $36.19
Price $36.45
Change 0.72%
About

Artisan Partners Asset Management Inc. is publicly owned investment manager. It provides its services to pension and profit sharing plans, trusts, endowments, foundations, charitable organizations, government entities, private funds and non-U.S. funds, as well as mutual funds, non-U.S. funds and collective trusts. It manages separate client-focused equity and fixed income portfolios. The firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of companies across all market capitalization. For fixed income component of its portfolio the firm invests in non-investment grade corporate bonds and secured and unsecured loans. It employs fundamental analysis to create its portfolios. Artisan Partners Asset Management Inc. was founded in 1994 and is based in Milwaukee, Wisconsin with additional offices in Atlanta, Georgia; New York City; San Francisco, California; Leawood, Kansas; and London, United Kingdom.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$37.75
Mean price target
2. Current target
$36.45
Latest analyst target
3. DCF / Fair value
$73.51
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$36.45
Low
$33.00
High
$43.00
Mean
$37.75

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-30 main RBC Capital Outperform → Outperform $43
2026-04-30 main Evercore ISI Group In-Line → In-Line $38
2026-04-10 main Evercore ISI Group In-Line → In-Line $37
2026-04-07 main Goldman Sachs Sell → Sell $34
2026-02-06 main RBC Capital Outperform → Outperform $50
2025-10-30 main Evercore ISI Group In-Line → In-Line $44
2025-10-09 main Evercore ISI Group In-Line → In-Line $43
2025-09-15 main TD Cowen Hold → Hold $43
2025-09-05 main Evercore ISI Group In-Line → In-Line $45
2025-07-31 main RBC Capital Outperform → Outperform $51
2025-07-10 main RBC Capital Outperform → Outperform $50
2025-06-30 main TD Cowen Hold → Hold $45
2025-06-10 main TD Cowen Hold → Hold $45
2025-05-14 main TD Cowen Hold → Hold $39
2025-05-06 main RBC Capital Outperform → Outperform $44
2025-05-01 main TD Securities Hold → Hold $39
2025-05-01 main Evercore ISI Group In-Line → In-Line $32
2025-04-21 main RBC Capital Outperform → Outperform $43
2025-04-11 main Evercore ISI Group In-Line → In-Line $33
2025-04-09 main TD Cowen Hold → Hold $35
News
RSS: Latest APAM news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-02 COLSON ERIC R Officer, Director and Beneficial Owner — 44,410 $0.00 $0
2026-03-02 RAMIREZ GREGORY K Officer — 13,858 $0.00 $0
2026-03-02 GOTTLIEB JASON A. Chief Executive Officer — 36,880 $0.00 $0
2026-03-02 KREIN CHRISTOPHER J Officer — 22,816 $0.00 $0
2026-03-02 KWEI EILEEN LEE Officer — 13,783 $0.00 $0
2026-03-02 SELLERS SAMUEL BENTSON Officer — 13,375 $0.00 $0
2026-03-02 SIMPSON LAURA ELLEN Officer — 10,682 $0.00 $0
2026-03-02 VON HOFF RYAN GEORGE Officer — 1,134 $0.00 $0
2026-03-02 DALEY CHARLES J JR. Chief Financial Officer — 19,438 $0.00 $0
2026-01-29 CRAWFORD PETER B Director — 5,752 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
1,196.69
+7.63%
1,111.80
+14.02%
975.13
-1.83%
993.28
Operating Revenue
1,196.69
+7.63%
1,111.80
+14.02%
975.13
-1.83%
993.28
Cost Of Revenue
649.58
+9.33%
594.12
+12.23%
529.39
+3.73%
510.38
Reconciled Cost Of Revenue
649.58
+9.33%
594.12
+12.23%
529.39
+3.73%
510.38
Gross Profit
547.11
+5.69%
517.68
+16.14%
445.74
-7.70%
482.90
Operating Expense
147.48
-2.36%
151.05
+6.26%
142.14
+2.40%
138.81
Selling General And Administration
147.48
-2.36%
151.05
+6.26%
142.14
+2.40%
138.81
Selling And Marketing Expense
28.13
+9.21%
25.76
+9.05%
23.62
-4.03%
24.61
General And Administrative Expense
119.35
-4.74%
125.29
+5.71%
118.52
+3.79%
114.19
Other Gand A
90.17
-5.11%
95.03
+6.07%
89.59
+4.96%
85.36
Other Operating Expenses
—
—
—
28.83
Total Expenses
797.06
+6.96%
745.17
+10.96%
671.54
+3.44%
649.19
Operating Income
399.63
+9.00%
366.63
+20.76%
303.59
-11.77%
344.10
Total Operating Income As Reported
399.63
+9.00%
366.63
+20.76%
303.59
-11.77%
344.10
EBITDA
507.06
+10.46%
459.02
+14.30%
401.61
+21.87%
329.54
Normalized EBITDA
418.93
+8.64%
385.60
+20.60%
319.75
-9.46%
353.14
Reconciled Depreciation
9.38
-4.91%
9.86
+5.50%
9.35
+19.89%
7.80
EBIT
497.68
+10.80%
449.16
+14.51%
392.26
+21.92%
321.75
Total Unusual Items
88.13
+20.03%
73.42
-10.31%
81.86
+446.94%
-23.60
Total Unusual Items Excluding Goodwill
88.13
+20.03%
73.42
-10.31%
81.86
+446.94%
-23.60
Net Income
290.32
+11.77%
259.75
+16.85%
222.29
+7.51%
206.75
Pretax Income
489.13
+11.03%
440.55
+14.82%
383.69
+23.04%
311.83
Net Non Operating Interest Income Expense
0.81
-18.96%
1.00
+144.14%
-2.27
+76.30%
-9.58
Interest Expense Non Operating
8.55
-0.70%
8.61
+0.46%
8.57
-13.53%
9.91
Net Interest Income
0.81
-18.96%
1.00
+144.14%
-2.27
+76.30%
-9.58
Interest Expense
8.55
-0.70%
8.61
+0.46%
8.57
-13.53%
9.91
Interest Income Non Operating
9.36
-2.60%
9.61
+52.55%
6.30
+1792.19%
0.33
Interest Income
9.36
-2.60%
9.61
+52.55%
6.30
+1792.19%
0.33
Other Income Expense
88.69
+21.62%
72.92
-11.47%
82.37
+463.14%
-22.68
Other Non Operating Income Expenses
0.56
+210.52%
-0.50
-199.80%
0.51
-44.69%
0.91
Gain On Sale Of Security
88.13
+20.03%
73.42
-10.31%
81.86
+446.94%
-23.60
Tax Provision
111.25
+22.39%
90.90
+26.45%
71.89
+13.30%
63.45
Tax Rate For Calcs
0.00
+10.19%
0.00
+9.95%
0.00
-7.70%
0.00
Tax Effect Of Unusual Items
20.01
+32.27%
15.13
-1.39%
15.34
+420.21%
-4.79
Net Income Including Noncontrolling Interests
377.88
+8.07%
349.65
+12.14%
311.80
+25.53%
248.38
Net Income From Continuing Operation Net Minority Interest
290.32
+11.77%
259.75
+16.85%
222.29
+7.51%
206.75
Net Income From Continuing And Discontinued Operation
290.32
+11.77%
259.75
+16.85%
222.29
+7.51%
206.75
Net Income Continuous Operations
377.88
+8.07%
349.65
+12.14%
311.80
+25.53%
248.38
Minority Interests
-87.56
+2.61%
-89.90
-0.43%
-89.52
-115.03%
-41.63
Normalized Income
222.19
+10.30%
201.45
+29.33%
155.76
-30.94%
225.56
Net Income Common Stockholders
265.87
+11.97%
237.44
+17.31%
202.41
+10.03%
183.95
Otherunder Preferred Stock Dividend
24.45
+9.61%
22.30
+12.19%
19.88
-12.81%
22.80
Diluted EPS
4.05
+10.66%
3.66
+14.73%
3.19
+8.50%
2.94
Basic EPS
4.05
+10.66%
3.66
+14.73%
3.19
+8.50%
2.94
Basic Average Shares
65.60
+1.08%
64.90
+2.37%
63.40
+1.44%
62.50
Diluted Average Shares
65.60
-6.81%
70.40
+2.03%
69.00
+1.32%
68.10
Diluted NI Availto Com Stockholders
265.87
+11.97%
237.44
+17.31%
202.41
+10.03%
183.95
Rent And Landing Fees
29.18
-3.58%
30.26
+4.60%
28.93
+0.34%
28.83
Rent Expense Supplemental
29.18
-3.58%
30.26
+4.60%
28.93
+0.34%
28.83
Line Item Trend 2023-12-31
Total Assets
1,405.86
Current Assets
307.77
Cash Cash Equivalents And Short Term Investments
178.47
Cash And Cash Equivalents
178.47
Receivables
114.51
Accounts Receivable
108.08
Other Receivables
6.43
Prepaid Assets
14.79
Restricted Cash
—
Total Non Current Assets
1,098.09
Net PPE
141.38
Gross PPE
193.26
Accumulated Depreciation
-51.87
Properties
0.00
Machinery Furniture Equipment
27.07
Other Properties
94.75
Leases
71.44
Investments And Advances
514.62
Long Term Equity Investment
11.28
Other Investments
364.10
Non Current Deferred Assets
436.53
Non Current Deferred Taxes Assets
436.53
Other Non Current Assets
5.56
Total Liabilities Net Minority Interest
802.10
Current Liabilities
446.87
Payables And Accrued Expenses
427.64
Payables
427.64
Accounts Payable
63.59
Other Payable
—
Employee Benefits
33.00
Pensionand Other Post Retirement Benefit Plans Current
19.23
Total Tax Payable
364.05
Total Non Current Liabilities Net Minority Interest
355.24
Long Term Debt And Capital Lease Obligation
312.66
Long Term Debt
199.27
Long Term Capital Lease Obligation
113.39
Other Non Current Liabilities
9.58
Preferred Securities Outside Stock Equity
—
Stockholders Equity
324.15
Common Stock Equity
324.15
Capital Stock
0.80
Common Stock
0.80
Share Issued
68.55
Ordinary Shares Number
68.55
Treasury Shares Number
0.00
Additional Paid In Capital
193.72
Retained Earnings
132.13
Gains Losses Not Affecting Retained Earnings
-2.50
Minority Interest
279.61
Other Equity Adjustments
-2.50
Total Equity Gross Minority Interest
603.76
Total Capitalization
523.42
Working Capital
-139.10
Invested Capital
523.42
Total Debt
312.66
Net Debt
20.80
Capital Lease Obligations
113.39
Net Tangible Assets
324.15
Tangible Book Value
324.15
Available For Sale Securities
139.24
Investmentin Financial Assets
139.24
Investments In Other Ventures Under Equity Method
—
Line Of Credit
0.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
171.99
-53.87%
372.84
+47.35%
253.03
-19.06%
312.61
Cash Flow From Continuing Operating Activities
171.99
-53.87%
372.84
+47.35%
253.03
-19.06%
312.61
Net Income From Continuing Operations
377.88
+8.07%
349.65
+12.14%
311.80
+25.53%
248.38
Depreciation Amortization Depletion
9.38
-4.91%
9.86
+5.50%
9.35
+19.89%
7.80
Depreciation
9.20
-7.07%
9.90
+6.45%
9.30
+20.78%
7.70
Depreciation And Amortization
9.38
-4.91%
9.86
+5.50%
9.35
+19.89%
7.80
Other Non Cash Items
-232.34
-1164.68%
-18.37
+79.45%
-89.38
-17.87%
-75.83
Stock Based Compensation
28.55
-12.10%
32.48
-3.63%
33.70
-18.86%
41.53
Asset Impairment Charge
0.00
-100.00%
0.98
0.00
-100.00%
1.41
Deferred Tax
55.16
+23.44%
44.68
+6.41%
41.99
+43.59%
29.24
Deferred Income Tax
55.16
+23.44%
44.68
+6.41%
41.99
+43.59%
29.24
Operating Gains Losses
-88.12
-20.09%
-73.38
+10.36%
-81.86
-446.18%
23.65
Gain Loss On Investment Securities
-88.13
-20.03%
-73.42
+10.31%
-81.86
-446.94%
23.60
Gain Loss On Sale Of PPE
0.01
-77.78%
0.04
+1025.00%
0.00
-92.16%
0.05
Change In Working Capital
21.49
-20.24%
26.94
-1.80%
27.43
-24.69%
36.43
Change In Receivables
-34.70
-105.34%
-16.90
-13618.40%
0.12
-99.25%
16.62
Changes In Account Receivables
-34.70
-105.34%
-16.90
-13618.40%
0.12
-99.25%
16.62
Change In Prepaid Assets
-7.93
-780.27%
1.17
+1471.76%
-0.09
-102.54%
3.35
Change In Payables And Accrued Expense
64.12
+50.26%
42.67
+55.77%
27.39
+66.44%
16.46
Change In Other Working Capital
—
—
—
45.97
Investing Cash Flow
35.25
+241.73%
-24.87
+34.84%
-38.17
+40.11%
-63.73
Cash Flow From Continuing Investing Activities
35.25
+241.73%
-24.87
+34.84%
-38.17
+40.11%
-63.73
Net PPE Purchase And Sale
-0.68
+85.75%
-4.75
+44.94%
-8.63
+55.87%
-19.56
Purchase Of PPE
-0.68
+85.75%
-4.75
+44.94%
-8.63
+55.87%
-19.56
Capital Expenditure
-0.68
+85.75%
-4.75
+44.94%
-8.63
+55.87%
-19.56
Net Investment Purchase And Sale
35.92
+278.57%
-20.12
+31.89%
-29.54
+33.14%
-44.17
Purchase Of Investment
-41.41
-30.19%
-31.81
+10.36%
-35.48
+28.08%
-49.34
Sale Of Investment
77.33
+561.59%
11.69
+96.55%
5.95
+15.16%
5.16
Financing Cash Flow
-182.96
+28.03%
-254.22
-45.30%
-174.96
+42.90%
-306.40
Cash Flow From Continuing Financing Activities
-182.96
+28.03%
-254.22
-45.30%
-174.96
+42.90%
-306.40
Net Issuance Payments Of Debt
-10.00
0.00
0.00
0.00
Issuance Of Debt
50.00
0.00
0.00
-100.00%
90.00
Repayment Of Debt
-60.00
0.00
0.00
+100.00%
-90.00
Long Term Debt Issuance
50.00
0.00
0.00
-100.00%
90.00
Long Term Debt Payments
-60.00
0.00
0.00
+100.00%
-90.00
Net Long Term Debt Issuance
-10.00
0.00
0.00
0.00
Net Common Stock Issuance
—
—
0.00
0.00
Common Stock Payments
—
—
0.00
0.00
Common Stock Dividend Paid
-257.11
-15.84%
-221.96
-21.04%
-183.38
+26.26%
-248.70
Cash Dividends Paid
-257.11
-15.84%
-221.96
-21.04%
-183.38
+26.26%
-248.70
Repurchase Of Capital Stock
—
—
0.00
0.00
Net Other Financing Charges
84.14
+360.79%
-32.27
-483.42%
8.41
+114.58%
-57.71
Changes In Cash
24.28
-74.10%
93.75
+134.97%
39.90
+169.36%
-57.52
Beginning Cash Position
268.22
+50.29%
178.47
+24.59%
143.25
-28.65%
200.77
End Cash Position
255.51
-4.74%
268.22
+50.29%
178.47
+24.59%
143.25
Free Cash Flow
171.31
-53.46%
368.09
+50.61%
244.40
-16.60%
293.05
Interest Paid Supplemental Data
7.80
+1.61%
7.68
+0.00%
7.68
-25.44%
10.30
Income Tax Paid Supplemental Data
57.03
+33.50%
42.72
+39.04%
30.72
-2.68%
31.57
Common Stock Issuance
—
—
0.00
0.00
Issuance Of Capital Stock
—
—
0.00
0.00
Other Cash Adjustment Outside Changein Cash
-36.99
-825.63%
-4.00
+14.60%
-4.68
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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