Artisan Partners Asset Management Inc. (APAM) stock
APAMNYSEInvestment AdviceFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 19/3033% below fair value
$38.43+0.33 (+0.87%)
Close on Nov 13, 2026Market cap $3.12BP/E 9.1Yield 9.45%
Artisan Partners Asset Management operating margin
Operating margin is operating income as a percentage of revenue.
Artisan Partners Asset Management's operating margin for the twelve months ending Sep 30, 2026 was 33.4%. For fiscal 2025 it was 33.4%, against 33.0% the year before. The highest annual figure on record is 44.0% in fiscal 2021.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 33.4% | +0.4 |
| FY2024 | Dec 31, 2024 | 33.0% | +1.8 |
| FY2023 | Dec 31, 2023 | 31.1% | −3.5 |
| FY2022 | Dec 31, 2022 | 34.6% | −9.4 |
| FY2021 | Dec 31, 2021 | 44.0% | +4.2 |
| FY2020 | Dec 31, 2020 | 39.8% | +4.4 |
| FY2019 | Dec 31, 2019 | 35.5% | −1.3 |
| FY2018 | Dec 31, 2018 | 36.8% | +0.8 |
| FY2017 | Dec 31, 2017 | 36.0% | +3.5 |
| FY2016 | Dec 31, 2016 | 32.5% | −2.6 |
| FY2015 | Dec 31, 2015 | 35.1% | −2.0 |
| FY2014 | Dec 31, 2014 | 37.0% | +75.1 |
| FY2013 | Dec 31, 2013 | -38.1% | −47.4 |
| FY2012 | Dec 31, 2012 | 9.3% | −24.6 |
| FY2011 | Dec 31, 2011 | 33.9% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 35.1% | +1.3 |
| Q2 FY2026 | Jun 30, 2026 | 27.5% | −0.7 |
| Q1 FY2026 | Mar 31, 2026 | 31.1% | −0.1 |
| Q4 FY2025 | Dec 31, 2025 | 39.2% | +2.4 |
| Q3 FY2025 | Sep 30, 2025 | 33.8% | +0.5 |
| Q2 FY2025 | Jun 30, 2025 | 28.2% | −3.8 |
| Q1 FY2025 | Mar 31, 2025 | 31.2% | +1.9 |
| Q4 FY2024 | Dec 31, 2024 | 36.7% | +6.1 |
| Q3 FY2024 | Sep 30, 2024 | 33.3% | +0.3 |
| Q2 FY2024 | Jun 30, 2024 | 32.0% | +0.4 |
| Q1 FY2024 | Mar 31, 2024 | 29.4% | +0.2 |
| Q4 FY2023 | Dec 31, 2023 | 30.7% | −0.3 |
| Q3 FY2023 | Sep 30, 2023 | 33.0% | −0.6 |
| Q2 FY2023 | Jun 30, 2023 | 31.6% | −3.6 |
| Q1 FY2023 | Mar 31, 2023 | 29.1% | −8.9 |
| Q4 FY2022 | Dec 31, 2022 | 31.0% | −12.8 |
| Q3 FY2022 | Sep 30, 2022 | 33.6% | −11.6 |
| Q2 FY2022 | Jun 30, 2022 | 35.2% | −10.0 |
| Q1 FY2022 | Mar 31, 2022 | 38.0% | −3.9 |
| Q4 FY2021 | Dec 31, 2021 | 43.7% | +0.3 |
| Q3 FY2021 | Sep 30, 2021 | 45.2% | +3.4 |
| Q2 FY2021 | Jun 30, 2021 | 45.2% | +7.4 |
| Q1 FY2021 | Mar 31, 2021 | 41.9% | +6.9 |
| Q4 FY2020 | Dec 31, 2020 | 43.5% | +5.4 |
| Q3 FY2020 | Sep 30, 2020 | 41.8% | +4.6 |
| Q2 FY2020 | Jun 30, 2020 | 37.8% | +2.5 |
| Q1 FY2020 | Mar 31, 2020 | 35.0% | +4.1 |
| Q4 FY2019 | Dec 31, 2019 | 38.1% | +4.5 |
| Q3 FY2019 | Sep 30, 2019 | 37.2% | −1.2 |
| Q2 FY2019 | Jun 30, 2019 | 35.3% | −1.9 |
| Q1 FY2019 | Mar 31, 2019 | 30.9% | −6.8 |
| Q4 FY2018 | Dec 31, 2018 | 33.5% | −5.0 |
| Q3 FY2018 | Sep 30, 2018 | 38.5% | −1.0 |
| Q2 FY2018 | Jun 30, 2018 | 37.2% | +3.3 |
| Q1 FY2018 | Mar 31, 2018 | 37.7% | +6.2 |
| Q4 FY2017 | Dec 31, 2017 | 38.6% | +6.3 |
| Q3 FY2017 | Sep 30, 2017 | 39.4% | – |
| Q2 FY2017 | Jun 30, 2017 | 33.9% | – |
| Q1 FY2017 | Mar 31, 2017 | 31.5% | – |
| Q4 FY2016 | Dec 31, 2016 | 32.3% | – |
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