TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Gross Profit 122.0M
Operating Income 86.5M
Net Income 77.3M
EPS (Diluted) $0.82

Balance Sheet Metrics

Total Assets 1.4B
Total Liabilities 868.1M
Shareholders Equity 502.2M
Debt to Equity 1.73

Cash Flow Metrics

Operating Cash Flow 82.0M
Free Cash Flow 157.7M

Revenue & Profitability Trend

Annual Income Flow i

Artisan Partners Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 1.1B 975.1M 993.3M 1.2B 899.6M
Cost of Goods Sold i 594.1M 529.4M 510.4M 563.1M 435.8M
Gross Profit i 517.7M 445.7M 482.9M 664.2M 463.7M
Gross Margin % i 46.6% 45.7% 48.6% 54.1% 51.6%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 151.0M 142.1M 138.8M 123.7M 105.4M
Other Operating Expenses i - - 28.8M 21.9M 21.9M
Total Operating Expenses i 151.0M 142.1M 167.6M 145.6M 127.3M
Operating Income i 366.6M 303.6M 344.1M 540.5M 358.3M
Operating Margin % i 33.0% 31.1% 34.6% 44.0% 39.8%
Non-Operating Items
Interest Income i 9.6M 6.3M 333.0K 559.0K -
Interest Expense i 8.6M 8.6M 9.9M 10.8M 10.8M
Other Non-Operating Income 72.9M 82.4M -22.7M 21.3M 21.8M
Pre-tax Income i 440.6M 383.7M 311.8M 551.6M 369.3M
Income Tax i 90.9M 71.9M 63.4M 107.0M 60.8M
Effective Tax Rate % i 20.6% 18.7% 20.3% 19.4% 16.5%
Net Income i 349.7M 311.8M 248.4M 444.5M 308.5M
Net Margin % i 31.4% 32.0% 25.0% 36.2% 34.3%
Key Metrics
EBITDA i 385.6M 319.7M 353.1M 548.3M 360.3M
EPS (Basic) i $3.66 $3.19 $2.94 $5.10 $3.40
EPS (Diluted) i $3.66 $3.19 $2.94 $5.09 $3.40
Basic Shares Outstanding i 64900228 63400000 62500000 59900000 55600000
Diluted Shares Outstanding i 64900228 63400000 62500000 59900000 55600000

Income Statement Trend

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Artisan Partners Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 268.2M 178.5M 143.2M 200.1M 198.8M
Short-term Investments i - - - - -
Accounts Receivable i 122.7M 108.1M 90.0M 116.3M 101.3M
Inventory i - - - - -
Other Current Assets - - - - -
Total Current Assets i 409.4M 307.8M 262.6M 335.6M 313.7M
Non-Current Assets
Property, Plant & Equipment i 83.4M 94.7M 101.4M 88.6M 79.3M
Goodwill i - - - - -
Intangible Assets i - - - - -
Long-term Investments - - - - -
Other Non-Current Assets 413.6M 442.1M 481.4M 505.6M 489.0M
Total Non-Current Assets i 1.2B 1.1B 972.0M 872.5M 838.2M
Total Assets i 1.6B 1.4B 1.2B 1.2B 1.2B
Liabilities
Current Liabilities
Accounts Payable i 139.4M 63.6M 50.8M 49.2M 134.1M
Short-term Debt i - - - - -
Current Portion of Long-term Debt - - - - -
Other Current Liabilities - - - - -
Total Current Liabilities i 501.4M 427.6M 449.6M 474.6M 546.6M
Non-Current Liabilities
Long-term Debt i 300.7M 312.7M 319.9M 299.7M 292.0M
Deferred Tax Liabilities i - - - - -
Other Non-Current Liabilities 7.8M 9.6M 20.8M 19.2M 15.7M
Total Non-Current Liabilities i 367.4M 374.5M 370.4M 326.4M 320.6M
Total Liabilities i 868.8M 802.1M 820.0M 801.1M 867.2M
Equity
Common Stock i 804.0K 799.0K 796.0K 790.0K 786.0K
Retained Earnings i 170.0M 132.1M 93.1M 134.9M 72.9M
Treasury Stock i - - - - -
Other Equity - - - - -
Total Shareholders Equity i 749.9M 603.8M 414.6M 407.0M 284.8M
Key Metrics
Total Debt i 300.7M 312.7M 319.9M 299.7M 292.0M
Working Capital i -92.0M -119.9M -187.0M -139.0M -232.8M

Balance Sheet Composition

Artisan Partners Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i 349.7M 311.8M 248.4M 444.5M 308.5M
Depreciation & Amortization i 9.9M 9.3M 7.8M 6.9M 6.6M
Stock-Based Compensation i 32.5M 33.7M 41.5M 39.6M 37.0M
Working Capital Changes i -16.9M 125.0K 62.6M -46.8M 18.6M
Operating Cash Flow i 401.4M 307.6M 313.7M 394.3M 348.6M
Investing Activities
Capital Expenditures i -4.8M -8.6M -19.6M -6.0M -3.1M
Acquisitions i - - - - -
Investment Purchases i -31.8M -35.5M -49.3M -33.8M -2.2M
Investment Sales i 11.7M 5.9M 5.2M 12.8M 24.0M
Investing Cash Flow i -24.9M -38.2M -63.7M -27.0M 18.8M
Financing Activities
Share Repurchases i - 0 0 -46.9M -63.0M
Dividends Paid i -222.0M -183.4M -248.7M -274.7M -203.0M
Debt Issuance i 0 0 90.0M 0 0
Debt Repayment i 0 0 -90.0M 0 0
Financing Cash Flow i -254.2M -175.0M -306.4M -335.4M -282.2M
Free Cash Flow i 368.1M 244.4M 293.1M 392.6M 315.6M
Net Change in Cash i 122.3M 94.5M -56.4M 31.9M 85.1M

Cash Flow Trend

Artisan Partners Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 11.82
Forward P/E 11.98
Price to Book 7.57
Price to Sales 2.77
PEG Ratio 11.98

Profitability Ratios

Profit Margin 23.88%
Operating Margin 28.22%
Return on Equity 58.28%
Return on Assets 15.66%

Financial Health

Current Ratio 1.75
Debt to Equity 48.85
Beta 1.68

Per Share Data

EPS (TTM) $3.78
Book Value per Share $5.90
Revenue per Share $17.39

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
APAM 3.1B 11.82 7.57 58.28% 23.88% 48.85
BlackRock 162.5B 26.32 2.90 9.02% 24.40% 24.37
Brookfield 102.6B 92.57 2.32 1.95% 1.68% 164.04
Affiliated Managers 7.6B 12.75 2.65 19.93% 34.54% 64.54
Janus Henderson 7.9B 9.85 1.55 16.20% 26.34% 8.25
Brookfield Business 6.9B 6.88 3.08 2.37% -0.10% 291.12
Nippun Rana

Nippun Rana

Chasing the market trend!

Hi, I’m Nippun, a tech enthusiast from Haryana, India. I have been coding since 2010 and using my coding skills in the share market since 2020. I have been coding scripts in Pinescript that work on Tradingview app/web. I love learning about new technology and applying it to solve real-world problems. Coding and share-market are my passions, and I enjoy finding and fixing bugs in code. I aim to share my skill set and experience that can positively impact society. Feel free to connect with me, an...

Financial data is updated regularly. All figures are in the company's reporting currency.