{ "ok": true, "cik": "1517302", "ticker": "APAM", "name": "Artisan Partners Asset Management Inc.", "filings": [ { "form": "8-K", "filed": "2026-09-10", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1517302/000151730226000120/0001517302-26-000120-index.htm" }, { "form": "8-K", "filed": "2026-08-11", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1517302/000151730226000116/0001517302-26-000116-index.htm" }, { "form": "10-Q", "filed": "2026-07-31", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1517302/000151730226000114/0001517302-26-000114-index.htm" }, { "form": "8-K", "filed": "2026-07-28", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1517302/000151730226000108/0001517302-26-000108-index.htm" }, { "form": "8-K", "filed": "2026-07-10", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1517302/000151730226000102/0001517302-26-000102-index.htm" }, { "form": "8-K", "filed": "2026-06-05", "items": [ "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1517302/000151730226000100/0001517302-26-000100-index.htm" } ], "events12m": 18, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001517302.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1517302" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets, no buy or sell views.", "edgar": "🫧 Edgar looked up Artisan Partners Asset Management Inc. ($APAM). Last filing: 8-K (8.01 Other Events), 2026-09-10. 18 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 1196688000, "revenueGrowth1y": 0.07634992561625187, "revenueGrowthPerYear": -0.006281872342346673, "yearsOfData": 5, "operatingMargin": 0.3339475285120265, "operatingMarginPrior": 0.3297610545762645, "netMargin": 0.31577069378150363, "operatingCashFlow": 171988000, "capitalSpending": 371000, "freeCashFlow": 171617000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 255506000, "longTermDebt": 190000000, "longTermDebtChange": -0.050000000000000044, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 1227236000 }, { "fiscalYearEnd": "2022-12-31", "revenue": 993285000 }, { "fiscalYearEnd": "2023-12-31", "revenue": 975131000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 1111802000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 1196688000 } ], "totalEquity": 438831000, "totalAssets": 1577292000, "equityRatio": 0.27821798373414686, "returnOnEquity": 0.8611037050709727, "dividendsPaid": 257105000, "payoutRatio": 0.680389754392279, "dividendPerShare": 3.63, "dividendYearsRising": 2, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "range80": { "low": 1018545236.0812033, "high": 1509567798.024537, "baseline": 1280705691.0363426, "n": 4599, "band": "b1" }, "ifPaceHeld": { "low": 1018545236.0812033, "high": 1509567798.024537 } }, "edgarette": "🔖 Exposure: revenue $1.2B (FY2025), total debt $190.0M. Experience: revenue up 7.6% on the year, down 0.6% a year over 4 years; operating margin 33.4%, up from 33.0%. Soundness: equity 27.8% of assets, return on equity 86.1%, payout 68.0% of profit, dividend per share up 2 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $1.0B and $1.5B next year (method v3, set from 4,599 SEC company-years; on a year the method never saw, 83% landed inside). A range, not a forecast. Against peers (22 filers, $50M+ revenue, investment advice): operating margin 33.4% against a 20.8% median; growth 7.6% against 7.5%.", "peers": { "sic": 6282, "sicDescription": "Investment Advice", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "6282", "growth": [ 0.0749, 39 ], "opMargin": [ 0.2083, 22 ], "equityRatio": [ 0.2782, 29 ], "returnOnEquity": [ 0.1455, 26 ], "payoutRatio": [ 0.5476, 27 ] }, "summary": "Artisan Partners Asset Management (APAM) grew revenue 7.6% in FY2025 to $1.2 billion, operating margin 33.4% against a 20.8% median for investment advice, equity 27.8% of assets, and dividend per share up 2 years running. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
Artisan Partners Asset Management Inc. against its own record and its peers
Operating marginPeer median 20.8%33.4%Revenue, on the yearPeer median 7.5%7.6%Equity of assetsPeer median 27.8%27.8%Return on equityPeer median 14.5%86.1%Payout of profitPeer median 54.8%68.0%Gold tick: the median of 26–29 peers with $50M+ revenue in investment advice
", "chartHorizon": "
Handed back now, or kept to compound
Of each dollar of profit68.0% paid out32.0% keptHanded back per share$3.63up 2 years runningGrowth its own profit can fund27.5%retained x return on equityRevenue growth it managed7.6%last year, for comparison

Gold is paid out to shareholders; navy is kept in the business. Retained profit times return on equity is the pace a company can fund from itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 11, "hits": 10, "rate": 0.9090909090909091, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T15:24:28.442Z", "hash": "fb1742c0cb66bf94", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Artisan Partners Asset Management (APAM) grew revenue 7.6% in FY2025 to $1.2 billion, operating margin 33.4% against a 20.8% median for investment advice, equity 27.8% of assets, and dividend per share up 2 years running. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 1196688000, "totalDebt": 190000000, "cash": 255506000 }, "experience": { "revenueGrowth1y": 0.07634992561625187, "revenueGrowthPerYear": -0.006281872342346673, "operatingMargin": 0.3339475285120265, "operatingMarginPrior": 0.3297610545762645, "netMargin": 0.31577069378150363, "freeCashFlow": 171617000 }, "soundness": { "equityRatio": 0.27821798373414686, "returnOnEquity": 0.8611037050709727, "payoutRatio": 0.680389754392279, "dividendPerShare": 3.63, "dividendYearsRising": 2, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 6282, "sicDescription": "Investment Advice", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "6282", "growth": [ 0.0749, 39 ], "opMargin": [ 0.2083, 22 ], "equityRatio": [ 0.2782, 29 ], "returnOnEquity": [ 0.1455, 26 ], "payoutRatio": [ 0.5476, 27 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "range": { "low": 1018545236.0812033, "high": 1509567798.024537, "baseline": 1280705691.0363426, "coverage": 0.8, "method": "v3", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); range = 10th to 90th percentile of how SEC company-years of the same size band actually turned out", "calibratedOn": { "companyYears": 4599, "sizeBand": "b1" }, "kind": "a calibrated range, not a forecast; no view on the share price", "track": { "backtest": { "tests": 11, "hits": 10, "rate": 0.9090909090909091, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T15:24:28.442Z", "hash": "fb1742c0cb66bf94", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001517302.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1517302" } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same if-the-pace-held arithmetic applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so." } }