Artisan Partners Asset Manageme (APAM) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Artisan Partners Asset Manageme

NYSE•Financial Services•Asset Management

$33.57-0.83(-0.02%)Market closed

Market Cap

$2.43B

P/E

7.9x

P/S

1.9x

P/B

5.5x

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.

How this company scores

ExcellentMetricSide Score: 90/100

Strongest: Profitability (25/25); weakest: Growth (20/25).

Profitability25/25

Growth20/25

Balance Sheet & Red Flags23/25

Cash & Earnings Quality22/25

Strengths

Strong marginsHigh ROERising earningsLow leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 7.9x5y range 7.3x – 12.7x

Currently near its 20-quarter median.

P/S · 1.9x5y range 1.6x – 2.9x

Currently near its 20-quarter median.

P/B · 5.5x5y range 5.5x – 10.9x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $2.43B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.26B
Q. Revenue: $312.52M
TTM EBITDA: $433.70M
TTM Op. Income: $420.12M
Q. Op. Income: $109.78M
TTM Net Income: $308.86M
Q. Net Income: $75.20M
EPS: $1.04
Shares Out.: $66.38M

$1.26B in TTM revenue grew 8.7% YoY, reaching $312.52M last quarter. TTM EBITDA of $433.70M and TTM operating income of $420.12M show growth is flowing through to the bottom line. TTM net income of $308.86M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 35.8%
Op. Margin: 35.1%
Net Margin: 24.1%

Op. margin of 35.1% is up 1.3% YoY — cost efficiency is improving. Net margin at 24.1% Over the past year, operating margin is up 4% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 7.9x
P/S Ratio: 1.9x
P/B Ratio: 5.5x

At 7.9x P/E, the stock trades below typical market levels. P/S of 1.9x and P/B of 5.5x provide additional context. P/E sits below typical market levels while revenue is growing. Over the past year, P/E is down 27% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $1.52B
Cash: $352.42M
Long-Term Debt: $190.00M
Book Value: $443.38M
D/E Ratio: 0.4
Debt/EBITDA: 1.7

With $1.52B in assets and $190.00M in long-term debt, D/E is 0.4and book value is $443.38M — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 2 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $109.94M
TTM Free Cash Flow: $327.75M
FCF Margin: 26.0%
FCF / Net Income: 1.1

TTM FCF of $327.75M on $109.94M in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 3 consecutive quarters — an improving trend.