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Artisan Partners Asset Management Inc. APAM

NYSE · stock · Investment Advice · website · IPO 2013-03-07 · LEI

Artisan Partners Asset Management Inc. statistics & valuation

Market cap$2.9B
P / E9.9×
P / S2.4×
P / B6.0×
P / FCF16.8×
Dividend yield8.92%
Net margin24.3%
Return on equity60.7%
FCF margin14.3%
Net debt$190.0M
Net debt / EBITDA0.5×
Enterprise value USD$3.1B
EV / EBITDA7.5×
Earnings yield EBIT/EV13%
Graham number -44.4%$23.24

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($23.24); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
10.10% 6.20% 19.10% 19.60% 23.60% 27.40% 20.80% 22.80% 23.40% 24.30% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
32.50% 36.00% 36.80% 35.50% 39.80% 44.00% 34.60% 31.10% 33.00% 33.40% 2016201720182019202020212022202320242025
Return on equity (%)
55.40% 45.10% 112.70% 113.00% 111.30% 113.70% 74.00% 63.30% 61.60% 60.70% 2016201720182019202020212022202320242025
Shares outstanding
74.4M 75.6M 76.9M 77.8M 78.6M 79.0M 79.6M 80.0M 80.4M 80.7M 2016201720182019202020212022202320242025
Net debt ($)
$200.0M $200.0M $200.0M $200.0M $190.0M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
7.80% 5.90% 19.70% 16.80% 18.50% 27.90% 16.70% 15.80% 16.00% 18.40% 2016201720182019202020212022202320242025
Free cash flow margin (%)
37.10% 28.20% 39.90% 36.20% 35.20% 32.30% 30.80% 25.70% 33.40% 14.30% 2016201720182019202020212022202320242025
Debt / equity (×)
0.68× 0.72× 0.57× 0.47× 0.40× 2016201720182019202020212022202320242025
EPS ($)
$2.84 $2.65 $3.40 $5.09 $2.94 $3.19 $3.66 $4.05 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Artisan Partners Asset Management Inc. trades at about 10.3× earnings — below its 10-year norm (10-year range 8.2×–14.2×, median 12.5×).

8.2× 14.2×

Shaded band = 10-year range (8.2×–14.2×); dot = today's 10.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin33.4%33.0%31.1%34.6%44.0%39.8%35.5%36.8%36.0%32.5%
Net margin24.3%23.4%22.8%20.8%27.4%23.6%19.6%19.1%6.2%10.1%
FCF margin14.3%33.4%25.7%30.8%32.3%35.2%36.2%39.9%28.2%37.1%
Return on assets18.4%16.0%15.8%16.7%27.9%18.5%16.8%19.7%5.9%7.8%
Return on equity60.7%61.6%63.3%74.0%113.7%111.3%113.0%112.7%45.1%55.4%
Debt / equity0.40×0.47×0.57×0.72×0.68×—————

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.