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

$36.33-0.40(-0.01%)Pre-market

Market Cap

$2.43B

P/E

8.1x

P/S

2.0x

P/B

5.8x

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: 80/100

Strongest: Balance Sheet & Red Flags (25/25); weakest: Cash & Earnings Quality (15/25).

Profitability22/25

Growth18/25

Balance Sheet & Red Flags25/25

Cash & Earnings Quality15/25

Strengths

Strong marginsHigh ROELow leverageInterest easily covered

Valuation vs. 5-year range

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

P/E · 8.1x5y range 7.3x – 12.7x

Currently near its 20-quarter median.

P/S · 2.0x5y range 1.6x – 2.9x

Currently near its 20-quarter median.

P/B · 5.8x5y range 5.8x – 12.0x

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 June 2026

Revenue & Profit

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

TTM Revenue: $1.25B
Q. Revenue: $307.91M
TTM EBITDA: $425.92M
TTM Op. Income: $412.15M
Q. Op. Income: $84.62M
TTM Net Income: $300.50M
Q. Net Income: $80.83M
EPS: $1.11
Shares Out.: $66.36M

$1.25B in TTM revenue grew 9.8% YoY, reaching $307.91M last quarter. TTM EBITDA of $425.92M and TTM operating income of $412.15M show growth is flowing through to the bottom line. TTM net income of $300.50M 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: 28.2%
Op. Margin: 27.5%
Net Margin: 26.3%

Op. margin of 27.5% is down 0.7% YoY — costs are rising relative to revenue. Net margin at 26.3% Across the last 8 quarters, operating margin has fallen for 2 consecutive quarters — a weakening trend.

Price Ratios

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

P/E Ratio: 8.1x
P/S Ratio: 2.0x
P/B Ratio: 5.8x

At 8.1x P/E, the stock trades below typical market levels. P/S of 2.0x and P/B of 5.8x provide additional context. P/E sits below typical market levels while revenue is growing. Across the last 8 quarters, P/E has fallen for 3 consecutive quarters — an improving trend.

Assets & Liabilities

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

Total Assets: $1.46B
Cash: $334.52M
Long-Term Debt: $190.00M
Book Value: $420.04M
D/E Ratio: 0.5
Debt/EBITDA: 2.2

With $1.46B in assets and $190.00M in long-term debt, D/E is 0.5and book value is $420.04M — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 14% — an improving trend.

Cash Flow

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

Op. Cash Flow: $115.80M
TTM Free Cash Flow: $259.74M
FCF Margin: 20.8%
FCF / Net Income: 0.9

TTM FCF of $259.74M on $115.80M in operating cash flow. The FCF / Net Income ratio of 0.9x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.