APAM
$32.96+2.90%
Artisan Partners Asset Management Inc.Stock · FinancialsRussell 2000 · 0.07% of IWMUS Stock Market · 0.003% of VTIRussell 3000 · 0.003% of IWV
APAM financial statements
The full income statement, balance sheet, and cash-flow statement for Artisan Partners Asset Management Inc. (APAM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 80.4M2024-09 80.4M2024-12 80.4M2025-03 80.7M2025-06 80.7M2025-09 80.7M2025-12 80.7M2026-03 81.1M2026-06 81.1M+0.9% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 1.20B+7.6% | 1.11B+14.0% | 975M-1.8% | 993M-19.1% | 1.23B+36.4% | |
| 797M+7.0% | 745M+11.0% | 672M+3.4% | 649M-5.5% | 687M+26.9% | ||
| Selling & marketing | 28.1M+9.2% | 25.8M+9.0% | 23.6M-4.0% | 24.6M-22.4% | 31.7M+30.5% | |
| Operating income | 400M+9.0% | 367M+20.8% | 304M-11.8% | 344M-36.3% | 540M+50.8% | |
| Interest expense | 8.55M-0.7% | 8.61M+0.5% | 8.57M-13.5% | 9.91M-8.2% | 10.8M-0.0% | |
| Interest & investment income | 9.36M-2.6% | 9.61M+52.5% | 6.30M+1792.2% | 333K-40.4% | 559K | |
| Other non-operating income | 89.5M+21.1% | 73.9M-7.7% | 80.1M+348.3% | -32.3M-391.7% | 11.1M+0.8% | |
| Pre-tax income | 489M+11.0% | 441M+14.8% | 384M+23.0% | 312M-43.5% | 552M+49.4% | |
| Income tax | 111M+22.4% | 90.9M+26.4% | 71.9M+13.3% | 63.5M-40.7% | 107M+76.0% | |
| 290M+11.8% | 260M+16.9% | 222M+7.5% | 207M-38.6% | 337M+58.3% | ||
| Net income to common | 266M+12.0% | 237M+17.3% | 202M+10.0% | 184M-39.7% | 305M+61.1% | |
| $4.05+10.7% | $3.66+14.7% | $3.19+8.5% | $2.94-42.2% | $5.09+49.7% | ||
| EPS (basic) | $4.05+10.7% | $3.66+14.7% | $3.19+8.5% | $2.94-42.4% | $5.10+50.0% | |
| Weighted-avg shares (basic) | 65.6M+1.1% | 64.9M+2.3% | 63.5M+1.6% | 62.5M+4.4% | 59.9M+7.6% | |
| Weighted-avg shares (diluted) | 65.6M+1.0% | 64.9M+2.3% | 63.5M+1.6% | 62.5M+4.4% | 59.9M+7.6% | |
| Dividends per share | $3.63+14.9% | $3.16+18.8% | $2.66-27.5% | $3.67-13.2% | $4.23+24.8% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Cash & equivalents | 256M-4.7% | 268M+50.3% | 178M+24.6% | 143M-28.7% | 201M+0.7% | |
| 1.58B-2.6% | 1.62B+15.1% | 1.41B+13.9% | 1.23B+2.2% | 1.21B+4.9% | ||
| Property, plant & equipment | 33.0M-20.4% | 41.5M-11.1% | 46.6M-3.0% | 48.1M+36.2% | 35.3M-1.6% | |
| Operating lease right-of-use | 105M+26.3% | 83.4M-12.0% | 94.7M-6.6% | 101M+14.4% | 88.6M+11.8% | |
| Goodwill | 0.00 | — | — | — | — | |
| Intangible assets | 0.00 | — | — | — | — | |
| Deferred tax assets | 355M-13.4% | 409M-6.2% | 437M-8.5% | 477M-4.2% | 498M+3.3% | |
| 795M-8.5% | 869M+8.3% | 802M-2.2% | 820M+2.4% | 801M-7.6% | ||
| Long-term debt | 190M-5.0% | 200M+0.0% | 200M+0.0% | 200M+0.0% | 200M | |
| Operating lease liability (total) | 121M+19.4% | 101M-10.7% | 113M-6.2% | 121M+20.5% | 100M+8.2% | |
| 439M+12.8% | 389M+20.0% | 324M+23.6% | 262M-5.1% | 276M+53.0% | ||
| Additional paid-in capital | 236M+7.0% | 221M+14.0% | 194M+13.0% | 171M+20.9% | 142M+31.6% | |
| Retained earnings | 203M+19.6% | 170M+28.7% | 132M+41.9% | 93.1M-31.0% | 135M+84.9% | |
| Accumulated other comprehensive income | -1.69M+38.8% | -2.76M-10.7% | -2.50M+18.9% | -3.08M-135.0% | -1.31M-32.2% | |
| Non-controlling interest | 39.3M+18.9% | 33.1M+21.6% | 27.2M+58.7% | 17.1M-13.3% | 19.8M+87.0% | |
| Total equity incl. non-controlling | 478M+13.3% | 422M+20.1% | 351M+25.8% | 279M-5.6% | 296M+54.9% | |
| Total liabilities & equity | 1.58B-2.6% | 1.62B+15.1% | 1.41B+13.9% | 1.23B+2.2% | 1.21B+4.9% | |
| Common shares outstanding | 80.7M+0.4% | 80.4M+0.4% | 80.0M+0.5% | 79.6M+0.7% | 79.0M+0.6% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 172M-53.9% | 373M+47.4% | 253M-19.1% | 313M-21.6% | 399M+25.1% | ||
| Depreciation & amortization | 9.38M-4.9% | 9.86M+5.5% | 9.35M+19.9% | 7.80M+12.5% | 6.93M+4.6% | |
| Share-based compensation | 27.4M-12.4% | 31.3M-2.8% | 32.2M-19.6% | 40.0M+2.0% | 39.2M+7.5% | |
| Deferred income taxes | 55.7M+26.1% | 44.2M+4.0% | 42.5M+40.9% | 30.2M-21.4% | 38.4M+37.1% | |
| Change in receivables | 34.7M+105.3% | 16.9M+13618.4% | -125K+99.2% | -16.6M-204.1% | 16.0M-11.4% | |
| 35.2M+241.7% | -24.9M+34.8% | -38.2M+40.1% | -63.7M-136.3% | -27.0M-243.8% | ||
| Capital expenditure | 371K-76.4% | 1.57M-30.4% | 2.26M-66.0% | 6.64M+172.6% | 2.44M+18.8% | |
| Free cash flow | 172M-53.8% | 371M+48.1% | 251M-18.0% | 306M-22.8% | 396M+25.1% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Purchases of investments | 41.4M+30.2% | 31.8M-10.4% | 35.5M-28.1% | 49.3M+45.9% | 33.8M+1473.0% | |
| Sales/maturities of investments | 77.3M+561.6% | 11.7M+96.6% | 5.95M+15.2% | 5.16M-59.7% | 12.8M-46.6% | |
| -183M+28.0% | -254M-45.3% | -175M+42.9% | -306M+8.7% | -335M-18.8% | ||
| Long-term debt issued | 50.0M | 0.00 | 0.00-100.0% | 90.0M | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 257M+15.8% | 222M+21.0% | 183M-26.3% | 249M-9.5% | 275M+35.3% | |
| Interest paid | 7.80M+1.6% | 7.68M+0.0% | 7.68M-25.4% | 10.3M+0.9% | 10.2M-0.4% | |
| Income taxes paid | 57.0M+33.5% | 42.7M+39.0% | 30.7M-2.7% | 31.6M-55.1% | 70.3M+98.2% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 3.29B-5.0% | 3.46B-2.1% | 3.53B+49.4% | 2.36B-37.2% | 3.77B-4.8% | |
| P/E | 11.3×-15.0% | 13.3×-22.1% | 17.1×+72.4% | 9.9×-11.4% | 11.2×-39.9% | |
| P/S | 2.7×-11.7% | 3.1×-12.5% | 3.6×+62.8% | 2.2×-28.8% | 3.1×-30.2% | |
| P/B | 7.5×-15.8% | 8.9×-29.2% | 12.6×+27.0% | 9.9×-27.4% | 13.6×-37.8% | |
| P/FCF | 19.2×+105.6% | 9.3×-19.3% | 11.5×+44.1% | 8.0×-15.7% | 9.5×-23.9% | |
| Earnings yield | 8.8%+17.6% | 7.5%+28.3% | 5.9%-42.0% | 10.1%+12.9% | 8.9%+66.3% | |
| FCF yield | 5.2%-51.4% | 10.7%+23.9% | 8.7%-30.6% | 12.5%+18.6% | 10.5%+31.4% | |
| Dividend yield | 8.9%+21.4% | 7.3%+21.9% | 6.0%-51.3% | 12.4%+39.2% | 8.9%+31.9% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: APAM’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all APAM filings on SEC EDGAR → Not investment advice.