Artisan Partners Asset Management Inc. (APAM)

APAM Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,137	1,112	975.13	993.29	1,227	899.57
Revenue Growth (YoY)	10.03%	14.02%	-1.83%	-19.06%	36.43%	12.59%
Cost of Revenue	618.1	593.73	529	509.98	562.54	435.3
Gross Profit	518.43	518.07	446.13	483.3	664.7	464.27
Selling, General & Admin	148.8	150.46	142.54	137.79	124.21	105.07
Operating Expenses	148.8	150.46	142.54	137.79	124.21	105.07
Operating Income	369.63	367.61	303.59	345.51	540.49	359.2
Interest Expense	-8.59	-8.61	-8.57	-9.91	-10.8	-10.8
Interest & Investment Income	9.68	9.61	6.3	0.33	0.56	0.31
Other Non Operating Income (Expenses)	-0.5	-0.5	0.51	0.91	0.36	-4.67
EBT Excluding Unusual Items	370.22	368.11	301.83	336.84	530.61	344.02
Gain (Loss) on Sale of Investments	90.85	73.43	81.87	-23.6	20.95	26.15
Asset Writedown	-0.98	-0.98	-	-1.41	-	-0.87
Pretax Income	460.09	440.55	383.69	311.84	551.55	369.3
Income Tax Expense	95.07	90.9	71.89	63.45	107.03	60.8
Earnings From Continuing Operations	365.02	349.65	311.8	248.39	444.52	308.5
Minority Interest in Earnings	-93.64	-89.9	-89.52	-41.63	-108.01	-95.89
Net Income	271.39	259.75	222.29	206.76	336.52	212.62
Preferred Dividends & Other Adjustments	24.43	22.3	19.88	22.8	31.43	23.27
Net Income to Common	246.96	237.45	202.41	183.95	305.09	189.35
Net Income Growth	15.50%	16.85%	7.51%	-38.56%	58.27%	35.83%
Shares Outstanding (Basic)	65	65	63	62	60	56
Shares Outstanding (Diluted)	65	65	63	62	60	56
Shares Change (YoY)	1.91%	2.29%	1.58%	4.37%	7.63%	8.82%
EPS (Basic)	3.78	3.66	3.19	2.94	5.10	3.40
EPS (Diluted)	3.78	3.66	3.19	2.94	5.09	3.40
EPS Growth	12.91%	14.69%	8.50%	-42.24%	49.71%	28.40%
Free Cash Flow	357.48	368.09	244.4	293.05	392.58	315.58
Free Cash Flow Per Share	5.47	5.67	3.85	4.69	6.56	5.67
Dividend Per Share	3.070	2.980	2.440	2.470	3.980	3.080
Dividend Growth	15.85%	22.13%	-1.21%	-37.94%	29.22%	24.19%
Gross Margin	45.62%	46.60%	45.75%	48.66%	54.16%	51.61%
Operating Margin	32.52%	33.06%	31.13%	34.78%	44.04%	39.93%
Profit Margin	21.73%	21.36%	20.76%	18.52%	24.86%	21.05%
Free Cash Flow Margin	31.45%	33.11%	25.06%	29.50%	31.99%	35.08%
EBITDA	379.64	377.47	312.94	353.31	547.42	365.82
EBITDA Margin	33.40%	33.95%	32.09%	35.57%	44.61%	40.67%
D&A For EBITDA	10.02	9.86	9.35	7.8	6.93	6.63
EBIT	369.63	367.61	303.59	345.51	540.49	359.2
EBIT Margin	32.52%	33.06%	31.13%	34.78%	44.04%	39.93%
Effective Tax Rate	20.66%	20.63%	18.74%	20.35%	19.41%	16.46%
Revenue as Reported	1,137	1,112	975.13	993.29	1,227	899.57

Updated Aug 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q