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APAMArtisan Partners Asset Management Inc.
$35.62$2.5B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
APAM logo

Artisan Partners Asset Management Inc.

APAM
NYSE · Asset Management
$35.62
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$2.53B
P/E8.8x
52W High$46.53
Volume728.86K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Fee-Driven Growth Masks Provision Volatility Risk

Artisan Partners' revenue growth is accelerating, driven by a 39.4% year-over-year increase in total revenue in 2026Q2, with fee income representing over 99% of revenue. The company's asset-light model and strong operating leverage are evident in an efficiency...

GrowthAccelerating
ProfitabilityStrong
ValuationExpensive
TechnicalsWeak
Explore valuation models
MARKET ACTION

APAM price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

9/12 Beats

EPS beat 9 of last 12 quarters

02

Valuation risk

-54% Peers

P/E is 54% below peer median

03

Market leadership

RS 42 · Lag

Laggard (Underperforming 58% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Oct 28

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
APAM-6.38%
S&P 500 (^GSPC)+12.39%
1-Year Return
APAM-11.81%
S&P 500 (^GSPC)+15.77%
3-Year Return
APAM+24.62%
S&P 500 (^GSPC)+76.67%
5-Year Return
APAM+3.74%
S&P 500 (^GSPC)+69.92%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
8.8x
Forward P/E
9.2x
EV/EBITDA40th %ile
6.6x
FCF YieldCash Flow
6.8%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
8.8x
10.1x
0th· Low
EV/EBITDA
6.6x
6.9x
40th· Fair
Price/FCF
14.8x
7.6x
80th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$59.37+66.7%
Base (Fair)$60.19+64.1%
Bull$74.53+109.2%
$59.37 Bear$60.19 Base$74.53 Bull
Current Market Price: $35.62
Trades at a 40.8% discount to Base DCF ($60.19)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$1.19B+7.7% YoY
Net income
$290M+11.8% YoY
Free cash flow
$171M-53.5% YoY
Operating margin
33.4%+0.4 pts YoY
ROIC (TTM)26.7%
Avg ROIC 5Y-
ROE (TTM)37.9%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate9/12 (75%)
Revenue Beat Rate4/12 (33%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 28, 2026
$0.94+3.0%
vs $0.91
$308M+2.2%
vs $301M
Q2 2026
Apr 28, 2026
$0.87-4.4%
vs $0.91
$303M-0.3%
vs $304M
Q1 2026
Feb 3, 2026
$1.26+13.5%
vs $1.11
$336M+3.6%
vs $324M
Q4 2025
Oct 28, 2025
$1.02+5.2%
vs $0.97
$301M-6.5%
vs $322M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Seeking Alpha·Sep 16, 2026
Artisan Partners Asset Management: 10% Yield Is Attractive

Artisan Partners Asset Management remains a BUY, supported by a 10% yield, strong balance sheet, and ongoing diversification into credit and alternatives. 2Q26 results exceeded expectations: revenue and AUM both grew 9% YoY, while adjusted net profit increased 13% YoY despite net outflows. Equity outflows persist, but market appreciation and inflows into credit/alternatives are partially offsetting; the upcoming $6B global value outflow will impact fee revenue.

Defense World·Sep 15, 2026
Squarepoint Ops LLC Boosts Stock Position in Artisan Partners Asset Management Inc. $APAM

Squarepoint Ops LLC boosted its holdings in shares of Artisan Partners Asset Management Inc. (NYSE: APAM) by 39.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 66,967 shares of the asset manager's stock after purchasing an additional 19,069

GlobeNewsWire·Sep 10, 2026
Artisan Partners Asset Management Inc. Reports August 2026 Assets Under Management

MILWAUKEE, Sept. 10, 2026 (GLOBE NEWSWIRE) -- Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its preliminary assets under management ("AUM") as of August 31, 2026 totaled $183.5 billion. Artisan Funds and Artisan Global Funds accounted for $94.5 billion of total firm AUM, while separate accounts and other AUM1 accounted for $89.0 billion.

GlobeNewsWire·Aug 11, 2026
Artisan Partners Asset Management Inc. Reports July 2026 Assets Under Management

MILWAUKEE, Aug. 11, 2026 (GLOBE NEWSWIRE) -- Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its preliminary assets under management ("AUM") as of July 31, 2026 totaled $183.0 billion. Artisan Funds and Artisan Global Funds accounted for $94.3 billion of total firm AUM, while separate accounts and other AUM1 accounted for $88.7 billion.

Filtered for Artisan Partners Asset Management Inc.More Headlines
04

Compare before deciding

Benchmark APAM against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Artisan Partners Asset Management Inc. (APAM)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
APAM logoAPAMArtisan Partners Asset Management Inc.Current
$35.62$2.53B8.807.7%24.26%37.89%11%
VRTS logoVRTSVirtus Investment Partners, Inc.
$128.00$855.31M6.41-7.13%15.72%11.02%—
DHIL logoDHILDiamond Hill Investment Group, Inc.
$174.99$473.29M9.774.48%30.89%27.03%—
CNNE logoCNNECannae Holdings, Inc.
$15.79$693.82M-1.74-6.39%-38.18%-15.57%—
AMG logoAMGAffiliated Managers Group, Inc.
$366.17$9.67B16.1021.05%33.86%19.67%—
TROW logoTROWT. Rowe Price Group, Inc.
$104.57$22.41B11.303.12%29.26%18.49%—

Compare APAM vs Peers

Artisan Partners Asset Management Inc. (APAM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs VRTS

Most directly comparable listed peer for APAM.

Scale Benchmark

vs MS

Larger-name benchmark to compare APAM against a more recognizable public peer.

Peer Set

Compare Top 5

vs VRTS, DHIL, CNNE, AMG

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

APAM SEC Filings & Documents

Artisan Partners Asset Management Inc. (APAM) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 11, 2026·SEC

Material company update

Jul 28, 2026·SEC

Material company update

Jul 10, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 20, 2026·SEC

FY 2025

Feb 25, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Jul 31, 2026·SEC

FY 2026

May 4, 2026·SEC

FY 2025

Oct 31, 2025·SEC

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APAM Frequently Asked Questions

Artisan Partners Asset Management Inc. (APAM) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Artisan Partners Asset Management Inc. growing?

Artisan Partners Asset Management Inc. (APAM) grew revenue by 7.7% over the past year. This is steady growth.

Is APAM profitable?

Yes, Artisan Partners Asset Management Inc. (APAM) is profitable, generating $300.5M in net income for fiscal year 2025 (24.3% net margin).

Dividend & Returns
Does APAM pay dividends?

Yes, Artisan Partners Asset Management Inc. (APAM) pays a dividend with a yield of 11.00%. This makes it attractive for income-focused investors.

What is APAM's return on equity?

Artisan Partners Asset Management Inc. (APAM) has a return on equity (ROE) of 37.9%. This is excellent, indicating efficient use of shareholder capital.

Industry Metrics
What is Artisan Partners Asset Management Inc.'s net interest margin?

Artisan Partners Asset Management Inc. (APAM) has a net interest margin (NIM) of 0.2%. NIM has been under pressure due to interest rate environment.

What is Artisan Partners Asset Management Inc.'s efficiency ratio?

Artisan Partners Asset Management Inc. (APAM) has an efficiency ratio of 12.3%. This is excellent, indicating strong cost control.

What if you invested $1,000 in APAM back in 2009?

Total return calculator · dividends reinvested · 17+ years of data

See returns →