Artisan Partners Asset Management Inc.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 1.23B | 993.28M | 975.13M | 1.11B | 1.20B | 7.6% | |
| Cost of Revenue | (563.05M) | (510.40M) | (529.39M) | (594.13M) | (649.58M) | 9.3% | |
Gross Profit | 664.18M | 482.88M | 445.74M | 517.68M | 547.10M | 5.7% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (124.21M) | (138.80M) | (142.14M) | (151.05M) | (147.48M) | -2.4% | |
| General & Administrative | (91.97M) | (114.19M) | (118.52M) | (125.29M) | (112.30M) | -10.4% | |
| Selling & Marketing | (31.72M) | (24.61M) | (23.62M) | (25.76M) | (35.18M) | 36.6% | |
| Depreciation & Amortization | (6.93M) | (7.80M) | (9.35M) | (9.86M) | (9.30M) | -5.7% | |
Operating Income (EBIT) | 540.49M | 344.10M | 303.59M | 366.63M | 399.63M | 9.0% | |
| Non-Operating Items | |||||||
| Interest Income | 559.00K | 333.00K | 6.30M | 9.61M | 11.85M | 23.3% | |
| Interest Expense | (10.80M) | (9.91M) | (8.57M) | (8.61M) | (8.55M) | -0.7% | |
| Other Income/Expenses (Net) | 11.06M | -32.26M | 80.10M | 73.92M | 89.51M | 21.1% | |
Income Before Tax | 551.55M | 311.83M | 383.69M | 440.55M | 489.14M | 11.0% | |
| Income Tax Expense | (107.03M) | (63.45M) | (71.89M) | (90.90M) | (111.25M) | 22.4% | |
Net Income | 336.52M | 206.75M | 222.29M | 259.75M | 290.32M | 11.8% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $5 | $3 | $3 | $4 | $4 | 10.7% | |
| Weighted Avg Shares Outstanding | 59.87M | 62.48M | 63.45M | 64.90M | 65.60M | 1.1% | |
| Weighted Avg Shares Outstanding (Diluted) | 59.88M | 62.50M | 63.49M | 64.94M | 65.60M | 1.0% | |
EBITDA | 569.29M | 329.54M | 401.61M | 459.02M | 488.89M | 6.5% |
Explore APAM
APAM in the Financial Services
Mid Cap