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Artisan Partners Asset Management Inc. (APAM) Stock Fundamental Analysis & AI Rating 2026

APAM NYSE Investment Advice DE CIK: 0001517302
Updated This Month • Analysis: Mar 20, 2026 • SEC Data: 2025-12-31
Combined AI Rating
BUY
80% Confidence
STRONG AGREEMENT
BUY
78% Conf
BUY
81% Conf

📊 APAM Key Takeaways

Revenue: $1.2B
Net Margin: 24.3%
Free Cash Flow: $171.6M
Current Ratio: N/A
Debt/Equity: 0.43x
EPS: $4.05
AI Rating: BUY with 78% confidence
Artisan Partners Asset Management Inc. (APAM) receives a BUY rating with 80% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.2B, net profit margin of 24.3%, and return on equity (ROE) of 66.2%, Artisan Partners Asset Management Inc. demonstrates strong fundamentals in the Market sector. Below is our complete APAM stock analysis for 2026.

Is Artisan Partners Asset Management Inc. (APAM) a Good Investment?

Claude

Artisan Partners demonstrates exceptional profitability with a 24.3% net margin and outstanding ROE of 66.2%, reflecting strong operational efficiency in asset management. The company maintains a healthy balance sheet with modest leverage (0.43x debt/equity), robust cash generation (171.6M FCF), and strong interest coverage, supporting sustainable operations and capital allocation flexibility.

ChatGPT

Artisan Partners shows strong fundamental quality through high operating and net margins, very high returns on equity and assets, and excellent interest coverage. Earnings and EPS are still growing despite flat revenue, which suggests disciplined cost control and operating efficiency, though the lack of top-line growth keeps the outlook from being more aggressive.

Why Buy Artisan Partners Asset Management Inc. Stock? APAM Key Strengths

Claude
  • + Exceptional profitability metrics: 33.4% operating margin and 24.3% net margin indicate strong pricing power and operational efficiency
  • + Outstanding return on equity (66.2%) and ROA (18.4%) demonstrate effective capital deployment and asset utilization
  • + Strong cash generation with 171.6M free cash flow and 14.3% FCF margin relative to revenue
  • + Conservative leverage profile with 0.43x debt/equity ratio and exceptional 51.2x interest coverage ratio
  • + Net income growth of 9.2% YoY with EPS growth of 10.7% YoY despite flat revenue growth
ChatGPT
  • + High profitability with 33.4% operating margin and 24.3% net margin
  • + Strong financial health with modest leverage, solid cash balance, and 51.2x interest coverage
  • + Low capital intensity supports substantial free cash generation

APAM Stock Risks: Artisan Partners Asset Management Inc. Investment Risks

Claude
  • ! Flat revenue growth (0.0% YoY) suggests stagnant asset base growth or potential headwinds in asset management industry
  • ! Heavy reliance on assets under management (AUM) and market conditions which can impact fee-based revenue model
  • ! High ROE sustainability risk if profitability declines or equity base increases without corresponding earnings growth
  • ! Significant insider trading activity (22 Form 4 filings in 90 days) may indicate uncertain outlook or stock undervaluation concerns among insiders
ChatGPT
  • ! Revenue was flat year over year, indicating limited organic growth momentum
  • ! Free cash flow is materially below net income, which raises cash conversion questions
  • ! Asset management fundamentals can be sensitive to market levels and client flows

Key Metrics to Watch

Claude
  • * Assets Under Management (AUM) growth trends and ability to reverse flat revenue growth
  • * Operating margin stability and client retention rates in competitive asset management sector
  • * Free cash flow generation and capital allocation decisions (dividends, buybacks, debt reduction)
  • * Net margin sustainability amid potential fee compression or cost inflation pressures
ChatGPT
  • * Revenue and net inflow/AUM-related growth trends
  • * Free cash flow conversion relative to net income

Artisan Partners Asset Management Inc. (APAM) Financial Metrics & Key Ratios

Revenue
$1.2B
Net Income
$290.3M
EPS (Diluted)
$4.05
Free Cash Flow
$171.6M
Total Assets
$1.6B
Cash Position
$255.5M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

APAM Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 33.4%
Net Margin 24.3%
ROE 66.2%
ROA 18.4%
FCF Margin 14.3%

APAM vs Market Sector: How Artisan Partners Asset Management Inc. Compares

How Artisan Partners Asset Management Inc. compares to Market sector averages

Net Margin
APAM 24.3%
vs
Sector Avg 12.0%
APAM Sector
ROE
APAM 66.2%
vs
Sector Avg 15.0%
APAM Sector
Current Ratio
APAM 0.0x
vs
Sector Avg 1.8x
APAM Sector
Debt/Equity
APAM 0.4x
vs
Sector Avg 0.7x
APAM Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Artisan Partners Asset Management Inc. Stock Overvalued? APAM Valuation Analysis 2026

Based on fundamental analysis, Artisan Partners Asset Management Inc. appears fundamentally strong relative to the Market sector in 2026.

Return on Equity
66.2%
Sector avg: 15%
Net Profit Margin
24.3%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.43x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Artisan Partners Asset Management Inc. Balance Sheet: APAM Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
0.43x
Debt/Assets
50.4%
Interest Coverage
51.23x
Long-term Debt
$190.0M

APAM Revenue & Earnings Growth: 5-Year Financial Trend

APAM 5-year financial data: Year 2021: Revenue $1.2B, Net Income $156.5M, EPS $2.65. Year 2022: Revenue $1.2B, Net Income $212.6M, EPS $3.40. Year 2023: Revenue $1.2B, Net Income $336.5M, EPS $5.09. Year 2024: Revenue $1.1B, Net Income $206.8M, EPS $2.94. Year 2025: Revenue $1.2B, Net Income $222.3M, EPS $3.19.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Artisan Partners Asset Management Inc.'s revenue has remained relatively flat over the 5-year period, with a 2% decline. The most recent EPS of $3.19 reflects profitable operations.

APAM Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
14.3%
Free cash flow / Revenue

APAM Quarterly Earnings & Performance

Quarterly financial performance data for Artisan Partners Asset Management Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $279.6M $66.8M $0.93
Q2 2025 $270.8M $57.6M $0.80
Q1 2025 $264.4M $59.5M $0.82
Q3 2024 $248.7M $53.2M $0.76
Q2 2024 $242.9M $53.6M $0.76
Q1 2024 $234.5M $50.8M $0.72
Q3 2023 $234.3M $44.2M $0.65
Q2 2023 $242.9M $44.3M $0.62

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Artisan Partners Asset Management Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$172.0M
Cash generated from operations
Capital Expenditures
$371.0K
Investment in assets
Dividends Paid
$257.1M
Returned to shareholders

APAM SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Artisan Partners Asset Management Inc. (CIK: 0001517302)

📋 Recent SEC Filings

Date Form Document Action
Apr 10, 2026 8-K apam-20260410.htm View →
Mar 10, 2026 8-K apam-20260310.htm View →
Mar 2, 2026 4 xslF345X05/form4.xml View →
Mar 2, 2026 4 xslF345X05/form4.xml View →
Mar 2, 2026 4 xslF345X05/form4.xml View →

Frequently Asked Questions about APAM

What is the AI rating for APAM?

Artisan Partners Asset Management Inc. (APAM) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 80% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are APAM's key strengths?

Claude: Exceptional profitability metrics: 33.4% operating margin and 24.3% net margin indicate strong pricing power and operational efficiency. Outstanding return on equity (66.2%) and ROA (18.4%) demonstrate effective capital deployment and asset utilization. ChatGPT: High profitability with 33.4% operating margin and 24.3% net margin. Strong financial health with modest leverage, solid cash balance, and 51.2x interest coverage.

What are the risks of investing in APAM?

Claude: Flat revenue growth (0.0% YoY) suggests stagnant asset base growth or potential headwinds in asset management industry. Heavy reliance on assets under management (AUM) and market conditions which can impact fee-based revenue model. ChatGPT: Revenue was flat year over year, indicating limited organic growth momentum. Free cash flow is materially below net income, which raises cash conversion questions.

What is APAM's revenue and growth?

Artisan Partners Asset Management Inc. reported revenue of $1.2B.

Does APAM pay dividends?

Artisan Partners Asset Management Inc. pays dividends, with $257.1M distributed to shareholders in the trailing twelve months.

Where can I find APAM SEC filings?

Official SEC filings for Artisan Partners Asset Management Inc. (CIK: 0001517302) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is APAM's EPS?

Artisan Partners Asset Management Inc. has a diluted EPS of $4.05.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is APAM a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Artisan Partners Asset Management Inc. has a BUY rating with 80% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is APAM stock overvalued or undervalued?

Valuation metrics for APAM: ROE of 66.2% (sector avg: 15%), net margin of 24.3% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.

Should I buy APAM stock in 2026?

Our dual AI analysis gives Artisan Partners Asset Management Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is APAM's free cash flow?

Artisan Partners Asset Management Inc.'s operating cash flow is $172.0M, with capital expenditures of $371.0K. FCF margin is 14.3%.

How does APAM compare to other Market stocks?

Vs Default sector averages: Net margin 24.3% (avg: 12%), ROE 66.2% (avg: 15%), current ratio N/A (avg: 1.8).

Why is APAM's return on equity (ROE) so high?

Artisan Partners Asset Management Inc. has a return on equity of 66.2%, significantly above the Market sector average of 15%. A high ROE indicates the company is efficient at generating profits from shareholder equity. This is supported by a 24.3% net margin.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 20, 2026 | Data as of: 2025-12-31 | Powered by Claude AI