
Artisan Partners Asset Management Income Statement 2025-2010 | APAM
Brief overview of revenue and earnings at Artisan Partners Asset Management
The overview follows changes across a five-year period. The revenue attributed to Artisan Partners Asset Management moved from $900 million to $1.2 billion between the two endpoints. The cumulative result was +33%, corresponding to roughly 5.9% per year. The company expanded at a measured pace.
The five-year change in net income was +36.5%: from $213 million to $290 million. The final result remained comparatively stable.
Market value was 3.4 billion dollars at the start and 2.7 billion dollars at the end. The market is not yet fully reflecting the fundamental progress.
Financial takeaway
The financial profile remains mixed, with strengths and risks moving in different directions. The financial profile benefits from a larger revenue base and improving net profitability. The most visible risks are declining capitalization. The next reporting periods will show whether revenue, margins, and final profitability can strengthen.
Annual Income Statement Artisan Partners Asset Management
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
2.74 B | 2.75 B | 2.7 B | 2.03 B | 2.96 B | 3.44 B | 1.87 B | 1.23 B | 2.61 B | 2.14 B | 2.3 B | 3.52 B | 4.57 B | - | - | - |
Shares |
65.6 M | 64.9 M | 63.5 M | 62.5 M | 79 M | 78.6 M | 77.8 M | 53.7 M | 66.1 M | 74.4 M | 73.4 M | 72.9 M | 70.3 M | - | - | - |
Historical Prices |
41.7 | 42.3 | 42.6 | 32.5 | 37.5 | 43.8 | 24 | 19.8 | 23.4 | 18.4 | 17 | 26.9 | 32.8 | - | - | - |
Net Income |
290 M | 260 M | 222 M | 207 M | 337 M | 213 M | 157 M | 158 M | 49.6 M | 73 M | 81.8 M | 69.6 M | 24.8 M | 33.8 M | - | - |
Revenue |
1.2 B | 1.11 B | 975 M | 993 M | 1.23 B | 900 M | 799 M | 829 M | 796 M | 721 M | 805 M | 829 M | 686 M | 506 M | 455 M | - |
Cost of Revenue |
650 M | 594 M | 529 M | 510 M | 563 M | 436 M | 400 M | 413 M | 403 M | 384 M | 414 M | 415 M | 856 M | 383 M | 233 M | - |
Gross Profit |
- | - | - | - | - | - | - | 415 M | 393 M | 337 M | 391 M | 414 M | -171 M | 122 M | 222 M | - |
Operating Income |
400 M | 367 M | 304 M | 344 M | 540 M | 358 M | 283 M | 305 M | 286 M | 234 M | 282 M | 307 M | -261 M | 47.1 M | 154 M | - |
Interest Expense |
- | - | 8.57 M | 9.91 M | - | 10.8 M | 11.1 M | 11.2 M | 11.4 M | 11.7 M | 11.7 M | 11.6 M | 11.9 M | 11.4 M | 18.4 M | - |
EBITDA |
409 M | 376 M | 313 M | 352 M | 547 M | 365 M | 290 M | 311 M | 292 M | 240 M | 287 M | 310 M | -258 M | 49.5 M | 157 M | - |
Operating Expenses |
797 M | 745 M | 672 M | 649 M | 687 M | 541 M | 115 M | 111 M | 106 M | 103 M | 109 M | 107 M | 90.7 M | 75.4 M | 67.6 M | - |
General and Administrative Expenses |
37.8 M | 42.1 M | 37.8 M | 35.1 M | 26.1 M | 20.3 M | 91.9 M | 84 M | 76.7 M | 70.2 M | 65.2 M | 57.7 M | 52.3 M | 46.4 M | 41.4 M | - |
All numbers in USD currency
Quarterly Income Statement Artisan Partners Asset Management
| 2026-Q2 | 2026-Q1 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
66.4 M | 66.1 M | 65.7 M | 65.6 M | 65.4 M | 80.4 M | 65.1 M | 65 M | 64.3 M | 80 M | 63.5 M | 63.5 M | 63.2 M | 79.6 M | 62.6 M | 62.3 M | 62 M | 79 M | 60 M | 59.8 M | 58.8 M | 78.6 M | 56.4 M | 55.9 M | 53.3 M | 77.8 M | 51.4 M | 51.2 M | 50.1 M | 76.9 M | 49.4 M | 49 M | 47.4 M | 75.6 M | 45.9 M | 45.2 M | 41 M | 74.4 M | 38.6 M | 38 M | 37 M | 73.4 M | 36.4 M | 36 M | 32.6 M | 72.9 M | 30.4 M | 27.8 M | 20.2 M | 71.5 M | 12.7 M | 12.7 M | 12.7 M | - | - | - | - | - | - | - | - |
Net Income |
80.8 M | 58 M | 66.8 M | 67.6 M | 61.1 M | - | 73 M | 57.6 M | 59.5 M | - | 53.2 M | 53.6 M | 50.8 M | - | 44.2 M | 44.3 M | 65.4 M | - | 86.4 M | 88.2 M | 77.3 M | - | 58.5 M | 46.2 M | 34.8 M | 44.6 M | 41.3 M | 39.2 M | 31.5 M | 32.5 M | 42.5 M | 42 M | 41.3 M | -27.5 M | 30.7 M | 26.6 M | 19.8 M | 19.3 M | 19.1 M | 18.4 M | 16.3 M | 20.1 M | 18.5 M | 23.7 M | 19.5 M | 21.3 M | 20.4 M | 19.3 M | 8.64 M | 10.1 M | 5.98 M | 5.8 M | 2.95 M | - | - | - | - | - | - | - | - |
Revenue |
308 M | 303 M | 301 M | 283 M | 277 M | - | 280 M | 271 M | 264 M | - | 249 M | 243 M | 235 M | - | 234 M | 251 M | 282 M | - | 317 M | 305 M | 291 M | - | 233 M | 203 M | 203 M | 208 M | 203 M | 201 M | 187 M | 192 M | 213 M | 212 M | 212 M | 211 M | 205 M | 196 M | 184 M | 181 M | 184 M | 181 M | 175 M | 192 M | 198 M | 212 M | 204 M | 206 M | 212 M | 208 M | 202 M | 198 M | 178 M | 162 M | 148 M | 137 M | 128 M | 121 M | 120 M | - | - | - | - |
Cost of Revenue |
182 M | 169 M | 163 M | 166 M | 155 M | - | 149 M | 147 M | 150 M | - | 131 M | 130 M | 132 M | - | 122 M | 127 M | 140 M | - | 142 M | 138 M | 139 M | - | 109 M | 102 M | 105 M | - | 99.8 M | 101 M | 99.3 M | - | 103 M | 107 M | 105 M | - | 98.5 M | 103 M | 99.6 M | - | 96.4 M | 95.1 M | 95.3 M | - | 102 M | 104 M | 109 M | - | 103 M | 101 M | 109 M | - | 103 M | 93.1 M | 549 M | - | 144 M | 62.4 M | 98.7 M | - | - | - | - |
Operating Income |
84.6 M | 94.2 M | 102 M | 79.8 M | 86.5 M | - | 93.2 M | 86.6 M | 77.6 M | - | 82.2 M | 76.7 M | 68.3 M | - | 78.7 M | 88.4 M | 107 M | - | 143 M | 138 M | 122 M | - | 97.2 M | 76.6 M | 71 M | 79.3 M | 75.5 M | 70.9 M | 57.7 M | 64.2 M | 81.8 M | 78.9 M | 80 M | 81.2 M | 80.6 M | 66.5 M | 58 M | 58.6 M | 61.9 M | 59 M | 54.7 M | 65.7 M | 70.6 M | 78.3 M | 67.8 M | 77.9 M | 81 M | 80.8 M | 67.2 M | 58.4 M | 53.4 M | 48.4 M | -421 M | 39.4 M | -38.2 M | 41.5 M | 4.36 M | - | - | - | - |
Interest Expense |
- | - | - | - | - | - | - | 2.19 M | 2.06 M | - | 2.3 M | 2.17 M | 2.06 M | - | 2.43 M | 2.74 M | 2.69 M | - | 2.71 M | 2.72 M | 2.68 M | - | 2.72 M | 2.72 M | 2.68 M | - | 2.76 M | 2.83 M | 2.78 M | - | 2.82 M | 2.85 M | 2.78 M | - | 2.87 M | 2.92 M | 2.88 M | - | 2.92 M | 2.93 M | 2.9 M | - | 2.97 M | 2.98 M | 2.88 M | - | 2.9 M | 2.9 M | 2.88 M | - | 2.88 M | 2.89 M | 3.21 M | - | 2.91 M | 2.55 M | 2.68 M | - | - | - | - |
EBITDA |
89.2 M | 96.5 M | - | - | 89 M | - | - | - | 80 M | - | - | - | 70.5 M | - | 84.3 M | 88.4 M | 109 M | - | 148 M | 138 M | 123 M | - | 102 M | 79.9 M | 72.6 M | 79.3 M | 80.1 M | 73.8 M | 59.2 M | 64.2 M | 86.1 M | 81.4 M | 81.3 M | 81.2 M | 84.5 M | 69.1 M | 59.3 M | 58.6 M | 65.7 M | 61.4 M | 55.9 M | 65.7 M | 73.7 M | 80.4 M | 68.9 M | 77.9 M | 83.3 M | 82.2 M | 67.8 M | 58.4 M | 55.6 M | 49.8 M | -421 M | 39.4 M | -36.6 M | 42.6 M | 4.88 M | - | - | - | - |
Operating Expenses |
223 M | 209 M | 199 M | 203 M | 191 M | - | 186 M | 184 M | 187 M | - | 167 M | 166 M | 166 M | - | 156 M | 163 M | 175 M | - | 174 M | 167 M | 169 M | - | 136 M | 126 M | 132 M | - | 127 M | 130 M | 129 M | - | 131 M | 133 M | 132 M | - | 124 M | 130 M | 126 M | - | 122 M | 122 M | 120 M | - | 128 M | 133 M | 136 M | - | 131 M | 128 M | 135 M | - | 125 M | 114 M | 570 M | - | 166 M | 79.3 M | 115 M | - | - | - | - |
General and Administrative Expenses |
12.4 M | 11.4 M | 8.58 M | 9.48 M | 8.76 M | - | 9.74 M | 10.4 M | 9.65 M | - | 9.55 M | 9.53 M | 9.61 M | - | 8.39 M | 9.66 M | 9.27 M | - | 6.72 M | 5.21 M | 6.78 M | - | 4.59 M | 3.86 M | 7.22 M | - | 6.64 M | 6.94 M | 7.55 M | - | 6.75 M | 6.56 M | 7.2 M | - | 6.04 M | 7.45 M | 7.15 M | - | 6.17 M | 6.54 M | 5.95 M | - | 6 M | 7.77 M | 7.02 M | - | 6.39 M | 6.06 M | 6.81 M | - | 5.66 M | 5.53 M | 6.47 M | - | 8.85 M | 4.08 M | 4.33 M | - | - | - | - |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Artisan Partners Asset Management (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.