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Artisan Partners Asset Management (APAM) Financials

Artisan Partners Asset Management logo
$35.54 -0.14 (-0.38%)
Closing price 04/15/2025 03:59 PM Eastern
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$35.20 -0.34 (-0.95%)
As of 04:01 AM Eastern
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Annual Income Statements for Artisan Partners Asset Management

Annual Income Statements for Artisan Partners Asset Management

This table shows Artisan Partners Asset Management's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
82 73 50 158 157 213 337 207 222 260
Consolidated Net Income / (Loss)
212 173 151 254 241 309 445 248 312 350
Net Income / (Loss) Continuing Operations
212 173 151 254 241 309 445 248 312 350
Total Pre-Tax Income
259 224 571 302 269 369 552 312 384 441
Total Revenue
782 711 291 835 815 911 1,249 970 1,063 1,195
Net Interest Income / (Expense)
-12 -12 0.00 0.00 0.00 -11 0.56 0.33 6.30 9.61
Total Interest Income
0.00 0.00 0.00 0.00 0.00 0.00 0.56 0.33 6.30 9.61
Investment Securities Interest Income
- - - - - - 0.56 0.33 6.30 9.61
Total Interest Expense
12 12 0.00 0.00 0.00 11 0.00 0.00 0.00 0.00
Total Non-Interest Income
794 723 291 835 815 921 1,248 970 1,057 1,185
Net Realized & Unrealized Capital Gains on Investments
-12 1.90 291 6.41 16 22 21 -24 82 73
Other Non-Interest Income
- 721 - 829 799 900 1,227 993 975 1,112
Total Non-Interest Expense
523 487 -286 524 515 541 687 649 672 745
Salaries and Employee Benefits
414 384 403 413 400 436 563 510 529 594
Net Occupancy & Equipment Expense
38 45 49 56 63 61 66 79 81 83
Marketing Expense
- - 30 27 23 24 32 25 24 26
Other Operating Expenses
71 58 28 28 29 20 26 35 38 42
Nonoperating Income / (Expense), net
- - -6.09 -11 -31 - -10 -9.00 -8.07 -9.11
Income Tax Expense
47 51 421 48 28 61 107 63 72 91
Net Income / (Loss) Attributable to Noncontrolling Interest
130 100 101 4.83 4.87 96 11 -7.49 40 37
Other Adjustment to Net Income / (Loss) Attributable to Common Shareholders)
- - - 91 80 - 97 49 50 53
Basic Earnings per Share
$1.86 $1.57 $0.75 $2.84 $2.65 $3.40 $5.10 $2.94 $3.19 $3.66
Weighted Average Basic Shares Outstanding
35.45M 38.14M 44.65M 48.86M 51.13M 55.63M 59.87M 62.48M 63.45M 64.90M
Diluted Earnings per Share
$1.86 $1.57 $0.75 $2.84 $2.65 $3.40 $5.09 $2.94 $3.19 $3.66
Weighted Average Diluted Shares Outstanding
35.45M 38.14M 44.65M 48.86M 51.13M 55.64M 59.88M 62.50M 63.49M 64.94M
Weighted Average Basic & Diluted Shares Outstanding
35.45M 38.14M 44.65M 48.86M 51.13M 78.42M 78.85M 79.46M 79.89M 80.29M
Cash Dividends to Common per Share
$3.35 $2.80 $2.76 $3.19 $3.39 $3.39 $4.23 $3.67 $2.66 $3.16

Quarterly Income Statements for Artisan Partners Asset Management

This table shows Artisan Partners Asset Management's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
44 53 51 54 53 65 59 58 73 70
Consolidated Net Income / (Loss)
52 66 72 74 73 93 87 71 104 88
Net Income / (Loss) Continuing Operations
52 66 72 74 73 93 87 71 104 88
Total Pre-Tax Income
67 83 90 92 88 113 109 90 129 113
Total Revenue
223 248 235 244 251 333 266 274 317 337
Net Interest Income / (Expense)
-2.43 8.19 0.52 1.16 2.09 2.53 1.78 -0.12 2.77 5.19
Total Interest Income
0.00 0.33 0.52 1.16 2.09 2.53 1.78 2.07 2.77 2.99
Investment Securities Interest Income
- - 0.52 1.16 2.09 2.53 1.78 2.07 2.77 2.99
Total Interest Expense
2.43 -7.85 0.00 0.00 0.00 - 0.00 2.19 0.00 -2.19
Total Non-Interest Income
225 240 235 243 249 331 264 274 315 332
Other Non-Interest Income
234 226 235 243 249 249 264 271 280 297
Total Non-Interest Expense
156 156 166 166 167 173 187 184 186 188
Salaries and Employee Benefits
122 121 132 130 131 137 150 147 149 148
Net Occupancy & Equipment Expense
20 21 19 20 20 21 21 21 21 21
Marketing Expense
5.59 5.66 5.62 6.02 6.15 5.84 6.39 6.40 6.36 6.61
Other Operating Expenses
8.39 8.35 9.61 9.53 9.55 9.16 9.65 10 9.74 12
Income Tax Expense
15 17 19 18 15 20 22 19 25 26
Net Income / (Loss) Attributable to Noncontrolling Interest
8.25 -36 9.01 8.01 8.95 14 14 14 31 -22
Basic Earnings per Share
$0.65 $0.77 $0.72 $0.76 $0.76 $0.95 $0.84 $0.80 $1.03 $0.99
Weighted Average Basic Shares Outstanding
62.62M 62.48M 63.23M 63.50M 63.52M 63.45M 64.32M 64.96M 65.12M 64.90M
Diluted Earnings per Share
$0.65 $0.77 $0.72 $0.76 $0.76 $0.95 $0.84 $0.80 $1.03 $0.99
Weighted Average Diluted Shares Outstanding
62.63M 62.50M 63.25M 63.52M 63.56M 63.49M 64.36M 65.00M 65.16M 64.94M
Weighted Average Basic & Diluted Shares Outstanding
79.97M 79.46M - 79.96M 79.96M 79.89M 80.37M 80.37M 80.36M 80.29M
Cash Dividends to Common per Share
$0.60 $0.56 $0.90 $0.50 $0.61 $0.65 $1.02 $0.61 $0.71 $0.82

Annual Cash Flow Statements for Artisan Partners Asset Management

This table details how cash moves in and out of Artisan Partners Asset Management's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
-16 -9.68 2.39 55 -31 55 36 -58 40 94
Net Cash From Operating Activities
321 270 226 333 293 319 399 313 253 373
Net Cash From Continuing Operating Activities
321 270 226 333 293 319 399 313 253 373
Net Income / (Loss) Continuing Operations
212 173 151 254 241 309 445 248 312 350
Consolidated Net Income / (Loss)
212 173 151 254 241 309 445 248 312 350
Depreciation Expense
4.52 5.27 5.30 5.67 6.23 6.63 6.93 7.80 9.35 9.86
Amortization Expense
0.45 0.45 0.45 0.46 0.46 0.42 0.42 0.44 0.44 0.39
Non-Cash Adjustments to Reconcile Net Income
107 104 92 52 11 26 -31 18 -96 -13
Changes in Operating Assets and Liabilities, net
-2.44 -13 -23 21 34 -23 -22 38 27 26
Net Cash From Investing Activities
-11 -2.33 -4.70 -14 -18 19 -27 -64 -38 -25
Net Cash From Continuing Investing Activities
-11 -2.33 -4.70 -14 -18 19 -27 -64 -38 -25
Purchase of Property, Leasehold Improvements and Equipment
-7.34 -7.28 -5.84 -14 -18 -3.10 -5.97 -20 -8.63 -4.75
Purchase of Investment Securities
-6.75 -4.01 -5.25 -0.50 -0.01 -2.15 -34 -49 -35 -32
Sale and/or Maturity of Investments
2.72 8.96 6.38 0.00 0.29 24 13 5.16 5.95 12
Other Investing Activities, net
0.04 0.00 0.00 - 0.00 0.00 - 0.00 0.00 0.00
Net Cash From Financing Activities
-326 -278 -219 -263 -307 -282 -335 -306 -175 -254
Net Cash From Continuing Financing Activities
-326 -278 -219 -263 -307 -282 -335 -306 -175 -254
Issuance of Debt
0.00 0.00 60 0.00 50 0.00 0.00 90 0.00 0.00
Repayment of Debt
0.00 0.00 -61 0.00 -50 0.00 0.00 -91 0.00 0.00
Payment of Dividends
-124 -115 -131 -168 -188 -203 -275 -249 -183 -222
Other Financing Activities, Net
-202 -162 -87 -96 -118 -79 -61 -57 8.42 -32
Cash Interest Paid
11 11 11 11 11 10 10 10 7.68 7.68
Cash Income Taxes Paid
29 19 25 21 19 35 70 32 31 43

Quarterly Cash Flow Statements for Artisan Partners Asset Management

This table details how cash moves in and out of Artisan Partners Asset Management's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
24 -44 30 25 38 -52 54 4.36 47 -12
Net Cash From Operating Activities
89 5.99 121 62 80 -9.77 147 76 113 37
Net Cash From Continuing Operating Activities
88 6.04 121 62 80 -9.77 147 76 113 37
Net Income / (Loss) Continuing Operations
52 66 72 74 73 93 87 71 104 88
Consolidated Net Income / (Loss)
52 66 72 74 73 93 87 71 104 88
Depreciation Expense
2.09 2.18 2.20 2.31 2.39 2.45 2.39 2.44 2.68 2.36
Amortization Expense
0.09 0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.06 0.11
Non-Cash Adjustments to Reconcile Net Income
-1.60 9.98 -27 -31 -7.57 -30 -22 -0.26 -28 38
Changes in Operating Assets and Liabilities, net
35 -73 74 17 11 -75 80 2.35 34 -91
Net Cash From Investing Activities
-7.40 -3.27 -36 1.20 -1.53 -1.64 -29 4.46 0.23 -0.45
Net Cash From Continuing Investing Activities
-7.40 -3.27 -36 1.20 -1.53 -1.64 -29 4.46 0.23 -0.45
Purchase of Property, Leasehold Improvements and Equipment
-6.71 -3.27 -3.07 -1.36 -1.84 -2.36 -1.86 -1.92 -0.51 -0.45
Purchase of Investment Securities
-0.69 - -36 -0.04 0.16 - -31 -0.70 -0.00 0.00
Net Cash From Financing Activities
-57 -47 -55 -39 -41 -41 -64 -76 -66 -48
Net Cash From Continuing Financing Activities
-57 -47 -55 -39 -41 -41 -64 -76 -66 -48
Payment of Dividends
-41 -38 -62 -34 -42 -45 -71 -43 -50 -58
Other Financing Activities, Net
-16 -8.71 6.99 -4.39 1.55 4.27 7.22 -33 -16 9.63

Annual Balance Sheets for Artisan Partners Asset Management

This table presents Artisan Partners Asset Management's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets
946 936 837 805 934 1,152 1,208 1,235 1,406 1,619
Cash and Due from Banks
166 157 159 175 144 199 200 143 178 268
Trading Account Securities
10 6.30 4.98 18 131 238 48 427 151 209
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net
18 20 21 29 39 36 35 48 47 41
Other Assets
750 752 651 582 619 683 916 702 666 638
Total Liabilities & Shareholders' Equity
946 936 837 805 934 1,152 1,208 1,235 1,406 1,619
Total Liabilities
829 818 667 630 752 867 801 820 802 869
Long-Term Debt
199 199 199 199 199 199 199 199 199 199
Other Long-Term Liabilities
612 603 451 414 493 518 546 549 603 669
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
- 0.00 63 34 43 94 111 135 252 328
Total Equity & Noncontrolling Interests
117 118 108 140 139 191 296 279 351 422
Total Preferred & Common Equity
130 132 110 135 133 180 276 262 324 389
Total Common Equity
130 132 110 135 133 180 276 262 324 389
Common Stock
117 120 149 98 90 109 143 172 195 222
Retained Earnings
13 13 -38 39 44 73 135 93 132 170
Accumulated Other Comprehensive Income / (Loss)
-0.38 -1.65 -0.87 -1.90 -1.43 -0.99 -1.31 -3.08 -2.50 -2.76
Noncontrolling Interest
-13 -14 -1.86 5.44 5.54 11 20 17 27 33

Quarterly Balance Sheets for Artisan Partners Asset Management

This table presents Artisan Partners Asset Management's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
1,330 1,406 1,418 1,516 1,505 1,611
Cash and Due from Banks
173 198 231 229 233 280
Trading Account Securities
401 478 476 568 564 626
Loans and Leases, Net of Allowance
0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net
48 48 47 46 45 43
Other Assets
708 682 664 673 663 662
Total Liabilities & Shareholders' Equity
1,330 1,406 1,418 1,516 1,505 1,611
Total Liabilities
888 893 875 899 857 907
Other Short-Term Payables
56 82 61 77 46 87
Long-Term Debt
199 199 199 199 199 199
Other Long-Term Liabilities
633 612 614 622 612 620
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
161 206 220 263 276 299
Total Equity & Noncontrolling Interests
281 307 323 354 372 405
Total Preferred & Common Equity
255 281 298 320 341 372
Total Common Equity
255 281 298 320 341 372
Common Stock
176 182 189 202 208 216
Retained Earnings
82 101 112 121 135 158
Accumulated Other Comprehensive Income / (Loss)
-2.74 -2.53 -3.25 -2.63 -2.61 -1.82
Noncontrolling Interest
26 26 26 33 31 33

Annual Metrics and Ratios for Artisan Partners Asset Management

This table displays calculated financial ratios and metrics derived from Artisan Partners Asset Management's official financial filings.

Metric 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
-5.69% -9.06% -59.09% 187.04% -2.36% 11.67% 37.14% -22.32% 9.62% 12.37%
EBITDA Growth
-15.16% -12.75% 153.29% -45.55% -3.43% 22.76% 51.28% -42.20% 22.02% 14.54%
EBIT Growth
-15.76% -13.29% 157.18% -46.07% -3.68% 23.15% 52.18% -42.91% 22.11% 14.78%
NOPAT Growth
-17.09% -18.44% -11.94% 72.92% 2.08% 14.73% 46.82% -43.58% 24.58% 12.10%
Net Income Growth
-12.61% -18.44% -12.87% 68.63% -5.01% 27.77% 44.09% -44.12% 25.53% 12.14%
EPS Growth
602.70% -15.59% -52.23% 278.67% -6.69% 28.30% 49.71% -42.24% 8.50% 14.73%
Operating Cash Flow Growth
-8.63% -15.84% -16.42% 47.52% -12.16% 8.84% 25.06% -21.56% -19.06% 47.35%
Free Cash Flow Firm Growth
-34.83% -15.74% -41.89% 159.70% 1.25% -21.80% 61.15% -24.89% -48.04% 63.20%
Invested Capital Growth
2.72% 0.42% 16.58% 1.18% 1.76% 27.15% 25.28% 1.20% 30.85% 18.22%
Revenue Q/Q Growth
-5.28% -0.91% -61.18% 144.70% 4.52% 4.57% 4.78% -7.60% 8.73% 0.32%
EBITDA Q/Q Growth
-13.56% -1.29% 130.90% -48.56% 12.42% 5.99% 5.06% -15.03% 20.79% -2.47%
EBIT Q/Q Growth
-13.89% -1.37% 133.96% -49.04% 12.62% 6.11% 5.09% -15.43% 21.32% -2.50%
NOPAT Q/Q Growth
-14.85% -3.05% -21.36% 27.34% 10.82% 14.47% 1.71% -11.80% 11.59% 0.55%
Net Income Q/Q Growth
-6.29% -3.05% -22.19% 22.88% 9.67% 14.47% -0.18% -14.28% 9.29% -1.49%
EPS Q/Q Growth
0.00% -3.68% -59.68% 82.05% 8.61% 13.71% 0.99% -14.53% 5.98% 1.11%
Operating Cash Flow Q/Q Growth
-0.88% -3.74% -19.54% 16.77% 9.80% -3.41% -6.03% 3.86% -5.86% 14.41%
Free Cash Flow Firm Q/Q Growth
-34.37% -3.16% -29.84% 22.76% 5.47% -5.50% 13.71% 15.05% -30.15% 8.64%
Invested Capital Q/Q Growth
-0.77% -0.71% -0.33% 1.99% 5.54% 17.16% 6.81% -4.36% 8.18% 5.09%
Profitability Metrics
- - - - - - - - - -
EBITDA Margin
33.74% 32.37% 200.43% 38.02% 37.60% 41.33% 45.59% 33.92% 37.76% 38.49%
EBIT Margin
33.11% 31.57% 198.45% 37.29% 36.78% 40.56% 45.01% 33.07% 36.84% 37.63%
Profit (Net Income) Margin
27.12% 24.33% 51.81% 30.44% 29.61% 33.88% 35.60% 25.61% 29.32% 29.26%
Tax Burden Percent
81.93% 77.07% 26.39% 84.23% 89.67% 83.54% 80.60% 79.65% 81.26% 79.37%
Interest Burden Percent
100.00% 100.00% 98.95% 96.93% 89.79% 100.00% 98.14% 97.20% 97.94% 97.97%
Effective Tax Rate
18.07% 22.93% 73.61% 15.77% 10.33% 16.46% 19.40% 20.35% 18.74% 20.63%
Return on Invested Capital (ROIC)
68.05% 54.66% 44.35% 70.82% 71.25% 71.35% 83.07% 41.89% 44.94% 40.73%
ROIC Less NNEP Spread (ROIC-NNEP)
68.05% 54.66% 43.55% 66.18% 57.47% 71.35% 78.85% 38.29% 41.65% 37.10%
Return on Net Nonoperating Assets (RNNOA)
121.29% 93.04% 60.20% 76.33% 64.23% 60.94% 45.44% 18.57% 16.29% 10.93%
Return on Equity (ROE)
189.34% 147.70% 104.55% 147.15% 135.48% 132.29% 128.51% 60.46% 61.23% 51.66%
Cash Return on Invested Capital (CROIC)
65.37% 54.24% 29.04% 69.65% 69.50% 47.44% 60.63% 40.70% 18.21% 24.03%
Operating Return on Assets (OROA)
28.84% 23.86% 65.11% 37.92% 34.50% 35.41% 47.63% 26.27% 29.67% 29.73%
Return on Assets (ROA)
23.63% 18.38% 17.00% 30.96% 27.78% 29.58% 37.67% 20.34% 23.62% 23.12%
Return on Common Equity (ROCE)
203.60% 165.03% 87.61% 104.34% 101.86% 88.90% 84.84% 39.62% 35.26% 27.21%
Return on Equity Simple (ROE_SIMPLE)
163.10% 131.35% 137.13% 188.23% 181.61% 170.94% 160.94% 94.72% 96.19% 89.90%
Net Operating Profit after Tax (NOPAT)
212 173 152 263 269 309 453 256 318 357
NOPAT Margin
27.12% 24.33% 52.37% 31.55% 32.98% 33.88% 36.27% 26.35% 29.94% 29.87%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.81% 4.64% 13.78% 0.00% 4.22% 3.60% 3.29% 3.63%
SG&A Expenses to Revenue
57.83% 60.34% 165.36% 59.35% 59.66% 57.22% 52.90% 63.31% 59.60% 58.85%
Operating Expenses to Revenue
66.89% 68.43% -98.45% 62.71% 63.22% 59.44% 55.00% 66.93% 63.16% 62.37%
Earnings before Interest and Taxes (EBIT)
259 224 577 311 300 369 562 321 392 450
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
264 230 583 317 307 376 569 329 402 460
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
9.45 8.63 15.25 7.81 13.38 17.02 11.21 7.55 9.83 8.63
Price to Tangible Book Value (P/TBV)
9.45 8.63 15.25 7.81 13.38 17.02 11.21 7.55 9.83 8.63
Price to Revenue (P/Rev)
1.57 1.60 5.76 1.26 2.18 3.37 2.48 2.04 3.00 2.81
Price to Earnings (P/E)
15.03 15.56 33.80 6.66 11.36 14.45 9.20 9.57 14.33 12.92
Dividend Yield
16.42% 14.40% 9.74% 18.89% 10.32% 7.14% 10.01% 11.87% 5.80% 5.94%
Earnings Yield
6.65% 6.43% 2.96% 15.01% 8.80% 6.92% 10.87% 10.45% 6.98% 7.74%
Enterprise Value to Invested Capital (EV/IC)
3.95 3.67 4.80 2.99 4.94 6.56 5.32 3.56 4.34 3.84
Enterprise Value to Revenue (EV/Rev)
1.60 1.64 6.11 1.34 2.31 3.49 2.58 2.25 3.28 3.05
Enterprise Value to EBITDA (EV/EBITDA)
4.73 5.06 3.05 3.52 6.14 8.44 5.67 6.65 8.68 7.93
Enterprise Value to EBIT (EV/EBIT)
4.82 5.19 3.08 3.59 6.28 8.60 5.74 6.82 8.90 8.11
Enterprise Value to NOPAT (EV/NOPAT)
5.88 6.73 11.66 4.25 7.00 10.29 7.12 8.56 10.95 10.22
Enterprise Value to Operating Cash Flow (EV/OCF)
3.89 4.31 7.86 3.36 6.43 9.97 8.09 7.00 13.78 9.78
Enterprise Value to Free Cash Flow (EV/FCFF)
6.13 6.78 17.81 4.32 7.18 15.48 9.76 8.81 27.01 17.32
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
1.71 1.69 1.17 1.14 1.10 0.70 0.49 0.48 0.33 0.27
Long-Term Debt to Equity
1.71 1.69 1.17 1.14 1.10 0.70 0.49 0.48 0.33 0.27
Financial Leverage
1.78 1.70 1.38 1.15 1.12 0.85 0.58 0.49 0.39 0.29
Leverage Ratio
8.01 8.03 6.15 4.75 4.88 4.47 3.41 2.97 2.59 2.23
Compound Leverage Factor
8.01 8.03 6.08 4.61 4.38 4.47 3.35 2.89 2.54 2.19
Debt to Total Capital
63.10% 62.89% 53.85% 53.27% 52.30% 41.17% 32.89% 32.44% 24.81% 21.01%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
63.10% 62.89% 53.85% 53.27% 52.30% 41.17% 32.89% 32.44% 24.81% 21.01%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
-4.27% -4.41% 16.42% 10.64% 12.78% 21.55% 21.57% 24.84% 34.82% 38.03%
Common Equity to Total Capital
41.17% 41.52% 29.73% 36.10% 34.92% 37.28% 45.55% 42.73% 40.37% 40.97%
Debt to EBITDA
0.76 0.87 0.34 0.63 0.65 0.53 0.35 0.60 0.50 0.43
Net Debt to EBITDA
0.12 0.18 0.07 0.07 0.18 0.00 0.00 0.17 0.05 -0.15
Long-Term Debt to EBITDA
0.76 0.87 0.34 0.63 0.65 0.53 0.35 0.60 0.50 0.43
Debt to NOPAT
0.94 1.15 1.31 0.76 0.74 0.65 0.44 0.78 0.63 0.56
Net Debt to NOPAT
0.15 0.24 0.26 0.09 0.20 0.00 0.00 0.22 0.07 -0.19
Long-Term Debt to NOPAT
0.94 1.15 1.31 0.76 0.74 0.65 0.44 0.78 0.63 0.56
Noncontrolling Interest Sharing Ratio
-7.53% -11.74% 16.20% 29.09% 24.81% 32.80% 33.99% 34.47% 42.42% 47.32%
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
204 172 100 259 262 205 331 248 129 211
Operating Cash Flow to CapEx
4,379.54% 3,715.78% 3,872.39% 2,408.22% 1,646.38% 10,283.22% 6,679.25% 1,598.37% 2,931.62% 7,845.92%
Free Cash Flow to Firm to Interest Expense
17.40 14.73 0.00 0.00 0.00 18.99 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
27.44 23.20 0.00 0.00 0.00 29.50 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
26.82 22.58 0.00 0.00 0.00 29.21 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.87 0.76 0.33 1.02 0.94 0.87 1.06 0.79 0.81 0.79
Fixed Asset Turnover
45.21 37.41 14.18 33.29 23.76 24.16 35.08 23.26 22.45 27.12
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
316 317 370 374 381 484 606 614 803 949
Invested Capital Turnover
2.51 2.25 0.85 2.25 2.16 2.11 2.29 1.59 1.50 1.36
Increase / (Decrease) in Invested Capital
8.37 1.33 53 4.36 6.58 103 122 7.25 189 146
Enterprise Value (EV)
1,248 1,165 1,776 1,118 1,882 3,176 3,226 2,187 3,485 3,648
Market Capitalization
1,229 1,137 1,676 1,055 1,779 3,072 3,096 1,979 3,185 3,356
Book Value per Share
$1.77 $1.77 $1.45 $1.76 $1.71 $2.30 $3.49 $3.29 $4.05 $4.84
Tangible Book Value per Share
$1.77 $1.77 $1.45 $1.76 $1.71 $2.30 $3.49 $3.29 $4.05 $4.84
Total Capital
316 317 370 374 381 484 606 614 803 949
Total Debt
199 199 199 199 199 199 199 199 199 199
Total Long-Term Debt
199 199 199 199 199 199 199 199 199 199
Net Debt
32 42 39 24 55 -0.17 -1.33 56 21 -69
Capital Expenditures (CapEx)
7.34 7.28 5.84 14 18 3.10 5.97 20 8.63 4.75
Net Nonoperating Expense (NNE)
0.00 0.00 1.61 9.24 27 0.00 8.42 7.17 6.55 7.23
Net Nonoperating Obligations (NNO)
199 199 199 199 199 199 199 199 199 199
Total Depreciation and Amortization (D&A)
4.97 5.72 5.75 6.13 6.70 7.05 7.35 8.24 9.79 10
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$1.86 $1.57 $0.75 $2.84 $2.65 $3.40 $5.10 $2.94 $3.19 $3.66
Adjusted Weighted Average Basic Shares Outstanding
74.48M 75.59M 77.00M 76.94M 77.82M 55.63M 59.87M 62.48M 63.45M 64.90M
Adjusted Diluted Earnings per Share
$1.86 $1.57 $0.75 $2.84 $2.65 $3.40 $5.09 $2.94 $3.19 $3.66
Adjusted Weighted Average Diluted Shares Outstanding
74.48M 75.59M 77.00M 76.94M 77.82M 55.64M 59.88M 62.50M 63.49M 64.94M
Adjusted Basic & Diluted Earnings per Share
$1.86 $1.57 $0.75 $2.84 $2.65 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
35.45M 38.14M 44.65M 48.86M 51.13M 78.42M 78.85M 79.46M 79.89M 80.29M
Normalized Net Operating Profit after Tax (NOPAT)
212 173 -153 263 269 309 453 256 318 357
Normalized NOPAT Margin
27.12% 24.33% -52.53% 31.55% 32.98% 33.88% 36.27% 26.35% 29.94% 29.87%
Pre Tax Income Margin
33.11% 31.57% 196.36% 36.14% 33.02% 40.56% 44.17% 32.15% 36.09% 36.87%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
22.11 19.26 0.00 0.00 0.00 34.18 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
18.12 14.85 0.00 0.00 0.00 28.55 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
21.49 18.64 0.00 0.00 0.00 33.89 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
17.49 14.22 0.00 0.00 0.00 28.27 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
58.44% 66.70% 86.92% 66.01% 77.93% 65.80% 61.81% 100.13% 58.81% 63.48%
Augmented Payout Ratio
58.44% 66.70% 86.92% 74.46% 77.93% 86.23% 72.36% 100.13% 58.81% 63.48%

Quarterly Metrics and Ratios for Artisan Partners Asset Management

This table displays calculated financial ratios and metrics derived from Artisan Partners Asset Management's official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
-29.25% -26.67% -14.79% 9.26% 12.56% 34.43% 13.23% 12.33% 26.55% 1.13%
EBITDA Growth
-51.57% -42.14% -30.97% 28.80% 24.97% 73.31% 15.15% 15.25% 54.16% -7.12%
EBIT Growth
-52.46% -42.85% -32.00% 28.91% 25.31% 74.84% 15.39% 15.57% 55.49% -7.18%
NOPAT Growth
-53.71% -38.42% -33.72% 32.04% 33.95% 99.18% 15.97% 14.38% 50.74% -33.72%
Net Income Growth
-53.71% -38.42% -12.90% 56.39% 39.92% 39.98% 20.76% -3.43% 41.89% -5.70%
EPS Growth
-50.00% -39.37% -20.00% 22.58% 16.92% 23.38% 16.67% 5.26% 35.53% 4.21%
Operating Cash Flow Growth
-38.82% 206.60% -36.85% 133.58% -9.96% -263.23% 21.57% 22.06% 41.49% 480.32%
Free Cash Flow Firm Growth
48.01% 501.63% 1,051.85% -1,160.10% -41.31% -197.03% -222.80% 19.86% -82.08% -2.65%
Invested Capital Growth
13.02% 1.20% 0.00% 24.96% 15.68% 30.85% 0.00% 19.00% 21.71% 18.22%
Revenue Q/Q Growth
-0.25% 11.30% -5.23% 3.84% 2.76% 32.92% 0.00% 3.02% 15.77% 6.23%
EBITDA Q/Q Growth
11.36% 35.81% -24.54% 12.85% 8.05% 88.35% 0.00% 12.95% 44.52% 13.47%
EBIT Q/Q Growth
11.31% 36.82% -25.17% 13.12% 8.20% 90.90% 0.00% 13.30% 45.56% 13.96%
NOPAT Q/Q Growth
11.25% 26.32% -17.58% 14.00% 12.86% 87.84% 0.00% 12.44% 48.73% -17.41%
Net Income Q/Q Growth
11.25% 26.32% 8.31% 2.75% -0.47% 26.38% 0.00% -17.83% 46.23% -16.00%
EPS Q/Q Growth
4.84% 18.46% -6.49% 5.56% 0.00% 25.00% 0.00% -4.76% 28.75% -3.88%
Operating Cash Flow Q/Q Growth
232.54% -93.23% 1,919.64% -48.59% 28.19% -112.26% 1,604.18% -48.38% 48.60% -67.04%
Free Cash Flow Firm Q/Q Growth
-384.30% 375.42% 938.42% -113.04% 62.10% -89.11% 0.00% 91.49% 13.89% -6.61%
Invested Capital Q/Q Growth
12.59% -4.36% -100.00% 0.00% 4.23% 8.18% 0.00% 3.81% 6.60% 5.09%
Profitability Metrics
- - - - - - - - - -
EBITDA Margin
31.15% 38.01% 30.27% 32.89% 34.59% 49.01% 30.78% 33.75% 42.13% 45.01%
EBIT Margin
30.17% 37.09% 29.29% 31.90% 33.59% 48.24% 29.84% 32.82% 41.27% 44.27%
Profit (Net Income) Margin
23.55% 26.73% 30.55% 30.23% 29.28% 27.84% 32.58% 25.99% 32.83% 25.96%
Tax Burden Percent
78.06% 79.89% 79.38% 80.00% 83.44% 82.11% 79.79% 79.18% 80.90% 77.37%
Interest Burden Percent
100.00% 90.22% 131.41% 118.44% 104.46% 70.28% 136.83% 100.00% 98.32% 75.77%
Effective Tax Rate
21.94% 20.11% 20.62% 20.00% 16.56% 17.89% 20.21% 20.82% 19.10% 22.63%
Return on Invested Capital (ROIC)
40.89% 42.50% 0.00% 37.82% 39.61% 59.45% 63.84% 37.47% 48.33% 35.40%
ROIC Less NNEP Spread (ROIC-NNEP)
40.89% 42.50% 0.00% 43.58% 41.18% 39.75% 87.26% 37.47% 47.43% 35.40%
Return on Net Nonoperating Assets (RNNOA)
20.09% 20.62% 0.00% 19.67% 16.64% 15.55% 28.19% 12.86% 15.16% 10.43%
Return on Equity (ROE)
60.98% 63.12% 0.00% 57.49% 56.25% 75.00% 92.03% 50.33% 63.49% 45.82%
Cash Return on Invested Capital (CROIC)
35.69% 40.70% 0.00% 19.05% 26.69% 18.21% -119.87% 24.22% 23.55% 24.03%
Operating Return on Assets (OROA)
24.46% 29.46% 0.00% 22.45% 23.90% 38.85% 21.54% 25.35% 32.46% 34.98%
Return on Assets (ROA)
19.10% 21.23% 0.00% 21.27% 20.84% 22.42% 23.52% 20.07% 25.82% 20.51%
Return on Common Equity (ROCE)
37.97% 41.36% 0.00% 33.02% 31.56% 43.18% 47.78% 26.97% 34.09% 24.14%
Return on Equity Simple (ROE_SIMPLE)
113.46% 0.00% 0.00% 94.08% 95.87% 0.00% 101.99% 95.02% 95.39% 0.00%
Net Operating Profit after Tax (NOPAT)
52 66 55 62 70 132 63 71 106 88
NOPAT Margin
23.55% 26.73% 23.25% 25.52% 28.03% 39.61% 23.81% 25.99% 33.39% 25.96%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00% -5.76% -1.57% 19.70% -23.42% 0.00% 0.89% 0.00%
SG&A Expenses to Revenue
66.06% 59.54% 66.62% 64.19% 62.60% 49.01% 66.53% 63.40% 55.66% 52.08%
Operating Expenses to Revenue
69.83% 62.91% 70.71% 68.10% 66.41% 51.76% 70.16% 67.18% 58.73% 55.73%
Earnings before Interest and Taxes (EBIT)
67 92 69 78 84 161 79 90 131 149
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
69 94 71 80 87 163 82 93 134 152
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
7.66 7.55 0.00 10.41 9.35 9.83 11.42 9.72 9.36 8.63
Price to Tangible Book Value (P/TBV)
7.66 7.55 0.00 10.41 9.35 9.83 11.42 9.72 9.36 8.63
Price to Revenue (P/Rev)
1.86 2.04 2.54 3.08 2.84 3.00 3.34 2.95 2.92 2.81
Price to Earnings (P/E)
8.21 9.57 12.29 14.53 13.22 14.33 15.84 14.12 13.66 12.92
Dividend Yield
14.07% 11.87% 8.32% 6.04% 6.38% 5.80% 4.59% 5.36% 5.33% 5.94%
Earnings Yield
12.19% 10.45% 8.14% 6.88% 7.56% 6.98% 6.31% 7.08% 7.32% 7.74%
Enterprise Value to Invested Capital (EV/IC)
3.38 3.56 0.00 4.44 4.04 4.34 4.81 4.24 4.13 3.84
Enterprise Value to Revenue (EV/Rev)
2.07 2.25 0.00 3.33 3.06 3.28 3.59 3.19 3.13 3.05
Enterprise Value to EBITDA (EV/EBITDA)
5.60 6.65 0.00 10.03 9.01 8.68 9.52 8.46 7.92 7.93
Enterprise Value to EBIT (EV/EBIT)
5.72 6.82 0.00 10.33 9.28 8.90 9.76 8.66 8.09 8.11
Enterprise Value to NOPAT (EV/NOPAT)
7.49 8.56 0.00 11.95 10.50 10.95 12.01 11.08 10.52 10.22
Enterprise Value to Operating Cash Flow (EV/OCF)
7.21 7.00 0.00 11.38 11.14 13.78 14.07 12.26 11.46 9.78
Enterprise Value to Free Cash Flow (EV/FCFF)
10.06 8.81 0.00 25.87 16.22 27.01 0.00 19.01 19.26 17.32
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.45 0.48 0.00 0.39 0.37 0.33 0.32 0.31 0.28 0.27
Long-Term Debt to Equity
0.45 0.48 0.00 0.39 0.37 0.33 0.32 0.31 0.28 0.27
Financial Leverage
0.49 0.49 0.00 0.45 0.40 0.39 0.32 0.34 0.32 0.29
Leverage Ratio
3.19 2.97 0.00 3.06 2.79 2.59 2.46 2.51 2.43 2.23
Compound Leverage Factor
3.19 2.68 0.00 3.62 2.91 1.82 3.36 2.51 2.39 1.69
Debt to Total Capital
31.03% 32.44% 0.00% 27.96% 26.84% 24.81% 24.41% 23.52% 22.07% 21.01%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
31.03% 32.44% 0.00% 27.96% 26.84% 24.81% 24.41% 23.52% 22.07% 21.01%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
29.17% 24.84% 0.00% 32.58% 33.07% 34.82% 36.34% 36.22% 36.74% 38.03%
Common Equity to Total Capital
39.80% 42.73% 0.00% 39.46% 40.09% 40.37% 39.24% 40.26% 41.19% 40.97%
Debt to EBITDA
0.51 0.60 0.00 0.63 0.60 0.50 0.48 0.47 0.42 0.43
Net Debt to EBITDA
0.07 0.17 0.00 0.00 -0.09 0.05 -0.07 -0.08 -0.17 -0.15
Long-Term Debt to EBITDA
0.51 0.60 0.00 0.63 0.60 0.50 0.48 0.47 0.42 0.43
Debt to NOPAT
0.69 0.78 0.00 0.75 0.70 0.63 0.61 0.61 0.56 0.56
Net Debt to NOPAT
0.09 0.22 0.00 0.01 -0.11 0.07 -0.09 -0.10 -0.23 -0.19
Long-Term Debt to NOPAT
0.69 0.78 0.00 0.75 0.70 0.63 0.61 0.61 0.56 0.56
Noncontrolling Interest Sharing Ratio
37.73% 34.47% 0.00% 42.56% 43.90% 42.42% 48.08% 46.42% 46.30% 47.32%
Liquidity Ratios
- - - - - - - - - -
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-21 59 613 -80 -30 -57 -753 -64 -55 -59
Operating Cash Flow to CapEx
1,319.65% 183.29% 3,938.00% 4,564.54% 4,326.66% -414.86% 7,895.76% 3,948.18% 21,938.33% 8,187.67%
Free Cash Flow to Firm to Interest Expense
-8.83 0.00 0.00 0.00 0.00 0.00 0.00 -29.20 0.00 0.00
Operating Cash Flow to Interest Expense
36.45 0.00 0.00 0.00 0.00 0.00 0.00 34.59 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
33.69 0.00 0.00 0.00 0.00 0.00 0.00 33.71 0.00 0.00
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.81 0.79 0.00 0.70 0.71 0.81 0.72 0.77 0.79 0.79
Fixed Asset Turnover
24.89 23.26 0.00 20.91 20.55 22.45 23.87 24.10 26.36 27.12
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
642 614 0.00 712 742 803 816 847 903 949
Invested Capital Turnover
1.74 1.59 0.00 1.48 1.41 1.50 2.68 1.44 1.45 1.36
Increase / (Decrease) in Invested Capital
74 7.25 -559 142 101 189 816 135 161 146
Enterprise Value (EV)
2,171 2,187 0.00 3,159 2,996 3,485 3,927 3,590 3,733 3,648
Market Capitalization
1,957 1,979 2,360 2,926 2,781 3,185 3,660 3,317 3,482 3,356
Book Value per Share
$3.21 $3.29 $0.00 $3.51 $3.72 $4.05 $4.98 $4.24 $4.63 $4.84
Tangible Book Value per Share
$3.21 $3.29 $0.00 $3.51 $3.72 $4.05 $4.98 $4.24 $4.63 $4.84
Total Capital
642 614 0.00 712 742 803 816 847 903 949
Total Debt
199 199 0.00 199 199 199 199 199 199 199
Total Long-Term Debt
199 199 0.00 199 199 199 199 199 199 199
Net Debt
26 56 0.00 1.49 -31 21 -29 -34 -80 -69
Capital Expenditures (CapEx)
6.71 3.27 3.07 1.36 1.84 2.36 1.86 1.92 0.51 0.45
Net Nonoperating Expense (NNE)
0.00 0.00 -17 -11 -3.13 39 -23 0.00 1.78 0.00
Net Nonoperating Obligations (NNO)
199 199 0.00 199 199 199 199 199 199 199
Total Depreciation and Amortization (D&A)
2.18 2.29 2.31 2.42 2.50 2.56 2.50 2.54 2.74 2.47
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$0.65 $0.77 $0.00 $0.76 $0.76 $0.95 $0.84 $0.80 $1.03 $0.99
Adjusted Weighted Average Basic Shares Outstanding
62.62M 62.48M 0.00 63.50M 63.52M 63.45M 64.32M 64.96M 65.12M 64.90M
Adjusted Diluted Earnings per Share
$0.65 $0.77 $0.00 $0.76 $0.76 $0.95 $0.84 $0.80 $1.03 $0.99
Adjusted Weighted Average Diluted Shares Outstanding
62.63M 62.50M 0.00 63.52M 63.56M 63.49M 64.36M 65.00M 65.16M 64.94M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
79.61M 79.46M 0.00 79.96M 79.96M 79.89M 80.37M 80.37M 80.36M 80.29M
Normalized Net Operating Profit after Tax (NOPAT)
52 66 55 62 70 132 63 71 106 88
Normalized NOPAT Margin
23.55% 26.73% 23.25% 25.52% 28.03% 39.61% 23.81% 25.99% 33.39% 25.96%
Pre Tax Income Margin
30.17% 33.46% 38.48% 37.79% 35.09% 33.90% 40.83% 32.82% 40.58% 33.55%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
27.69 0.00 0.00 0.00 0.00 0.00 0.00 41.01 0.00 0.00
NOPAT to Interest Expense
21.61 0.00 0.00 0.00 0.00 0.00 0.00 32.47 0.00 0.00
EBIT Less CapEx to Interest Expense
24.93 0.00 0.00 0.00 0.00 0.00 0.00 40.14 0.00 0.00
NOPAT Less CapEx to Interest Expense
18.85 0.00 0.00 0.00 0.00 0.00 0.00 31.60 0.00 0.00
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
97.18% 100.13% 81.15% 66.48% 61.98% 58.81% 58.94% 62.01% 58.87% 63.48%
Augmented Payout Ratio
97.18% 100.13% 81.15% 66.48% 61.98% 58.81% 58.94% 62.01% 58.87% 63.48%

Frequently Asked Questions About Artisan Partners Asset Management's Financials

When does Artisan Partners Asset Management's financial year end?

According to the most recent income statement we have on file, Artisan Partners Asset Management's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Artisan Partners Asset Management's net income changed over the last 9 years?

Artisan Partners Asset Management's net income appears to be on an upward trend, with a most recent value of $349.65 million in 2024, rising from $212.11 million in 2015. The previous period was $311.80 million in 2023.

How has Artisan Partners Asset Management revenue changed over the last 9 years?

Over the last 9 years, Artisan Partners Asset Management's total revenue changed from $781.96 million in 2015 to $1.19 billion in 2024, a change of 52.8%.

How much debt does Artisan Partners Asset Management have?

Artisan Partners Asset Management's total liabilities were at $868.84 million at the end of 2024, a 8.3% increase from 2023, and a 4.8% increase since 2015.

How much cash does Artisan Partners Asset Management have?

In the past 9 years, Artisan Partners Asset Management's cash and equivalents has ranged from $143.25 million in 2022 to $268.22 million in 2024, and is currently $268.22 million as of their latest financial filing in 2024.

How has Artisan Partners Asset Management's book value per share changed over the last 9 years?

Over the last 9 years, Artisan Partners Asset Management's book value per share changed from 1.77 in 2015 to 4.84 in 2024, a change of 173.2%.

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This page (NYSE:APAM) was last updated on 4/16/2025 by MarketBeat.com Staff
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