Artisan Partners Asset Management Inc.
Description
Artisan Partners Asset Management Inc. is publicly owned investment manager. It provides its services to pension and profit sharing plans, trusts, endowments, foundations, charitable organizations, government entities, private funds and non-U.S. funds, as well as mutual funds, non-U.S. funds and collective trusts. It manages separate client-focused equity and fixed income portfolios. The firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of companies across all market capitalization. For fixed income component of its portfolio the firm invests in non-investment grade corporate bonds and secured and unsecured loans. It employs fundamental analysis to create its portfolios. Artisan Partners Asset Management Inc. was founded in 1994 and is based in Milwaukee, Wisconsin with additional offices in Atlanta, Georgia; New York City; San Francisco, California; Leawood, Kansas; and London, United Kingdom.
About
CEO
Mr. Eric Richard Colson C.F.A.
Employees
573
Instrument type
Common Stock
Sector
Financial Services
Industry
Asset Management
MIC code
XNYS
Address
875 East Wisconsin Avenue, Milwaukee, WI 53202, United States
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Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Oct 28, 2025 | — | — | — | — |
| Jul 22, 2025 | — | — | — | — |
| Apr 21, 2025 | — | — | — | — |
| Feb 5, 2025 | 0.97 | — | — | — |
| Oct 30, 2024 | 0.90 | 0.92 | 0.02 | 2.22% |
Earnings estimate
|
Next Quarter
(Mar 2025)
|
Next Year
(Dec 2025)
|
|||
|---|---|---|---|---|
| Number of analysts | — | 3 | — | 4 |
| Average estimate | — | 0.78 | — | 3.58 |
| Low estimate | — | 0.72 | — | 3.41 |
| High estimate | — | 0.84 | — | 3.70 |
| Last year EPS | — | 0.76 | — | 3.43 |
[stock_revenue_estimate]
Growth estimates
Current qtr
21.790%
Next qtr. (Mar 2025)
3.070%
Current year
18.510%
Next year (Dec 2025)
4.600%
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total reported revenue | 975.13M | 993.29M | 1.23B | 899.57M | 798.95M |
| Cost of revenue | 529.40M | 510.38M | 563.05M | 435.82M | 400.46M |
| Gross profit | 445.74M | 482.90M | 664.18M | 463.75M | 398.50M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 142.14M | 138.81M | 123.69M | 105.43M | 115.04M |
| Other operating expenses | — | 28.83M | 21.94M | 21.92M | 23.32M |
| Operating income | 303.59M | 344.10M | 540.49M | 358.32M | 283.46M |
| Non operating interest income | |||||
| Income | 6.30M | 333,000 | 559,000 | — | — |
| Expense | 8.57M | 9.91M | 10.80M | 10.80M | 11.05M |
| Other income expense | 82.37M | -22.68M | 21.30M | 21.78M | -3.14M |
| Pretax income | 383.69M | 311.84M | 551.55M | 369.30M | 269.27M |
| Tax provision | 71.89M | 63.45M | 107.03M | 60.80M | 27.81M |
| Net income | 311.80M | 248.39M | 444.52M | 308.50M | 241.46M |
| Basic EPS | 3.19 | 2.94 | 5.10 | 3.40 | 2.65 |
| Diluted EPS | 3.19 | 2.94 | 5.09 | 3.40 | 2.65 |
| Basic average shares | 63.40M | 62.50M | 59.90M | 55.60M | 51.10M |
| Diluted average shares | 63.40M | 62.50M | 59.90M | 55.60M | 51.10M |
| EBITDA | 319.75M | 353.14M | 548.34M | 360.28M | 270.13M |
| Net income from continuing op. | 311.80M | 248.39M | 444.52M | 308.50M | 241.46M |
| Minority interests | -89.52M | -41.63M | -108.01M | -95.89M | -84.92M |
| Preferred stock dividends | 19.88M | 22.80M | 31.43M | 23.27M | 21.15M |
Balance sheet
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
| Fiscal date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 1.41B | 1.23B | 1.21B | 1.15B | 933.62M |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 178.47M | 143.25M | 200.14M | 198.82M | 143.63M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 108.08M | 89.96M | 116.28M | 101.26M | 81.35M |
| Other receivables | 6.43M | 13.65M | 5.98M | 2.22M | 2.16M |
| Inventory | — | — | — | — | — |
| Prepaid assets | 14.79M | 15.72M | 12.54M | 10.82M | 9.59M |
| Restricted cash | — | — | 629,000 | 629,000 | 629,000 |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | — | — | — | — | — |
| Non current assets | |||||
| Properties | 94.75M | 101.41M | 88.64M | 79.30M | 87.16M |
| Land and improvements | — | — | — | — | — |
| Machinery furniture equipment | 27.07M | 27.66M | 26.54M | 24.41M | 23.00M |
| Construction in progress | — | — | — | — | — |
| Leases | 71.44M | 66.30M | 52.62M | 49.04M | 48.12M |
| Accumulated depreciation | -51.87M | -45.86M | -43.85M | -37.58M | -31.62M |
| Goodwill | — | — | — | — | — |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | — | — | — | — | — |
| Investments and advances | 514.62M | 341.16M | 242.88M | 234.04M | 130.61M |
| Other non current assets | 442.09M | 481.35M | 505.64M | 489.00M | 440.64M |
| Total liabilities | 802.10M | 819.97M | 801.05M | 867.17M | 795.12M |
| Current liabilities | |||||
| Accounts payable | 63.59M | 50.77M | 49.18M | 134.09M | 54.08M |
| Accrued expenses | — | — | — | — | — |
| Short term debt | — | — | — | — | — |
| Deferred revenue | — | — | — | — | — |
| Tax payable | 364.05M | 398.79M | — | 412.47M | 375.32M |
| Pensions | — | — | — | — | — |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 312.66M | 319.90M | 299.75M | 291.96M | 300.26M |
| Provision for risks and charges | — | — | — | — | 409.48M |
| Deferred liabilities | — | — | — | — | — |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 9.58M | 20.75M | 19.18M | 15.73M | 6.19M |
| Shareholders equity | |||||
| Common stock | 799,000 | 796,000 | 790,000 | 786,000 | 778,000 |
| Retained earnings | 132.13M | 93.09M | 134.89M | 72.94M | 44.46M |
| Other shareholders equity | -2.50M | -3.08M | -1.31M | -991,000 | -1.43M |
| Total shareholders equity | 603.76M | 414.64M | 407.00M | 284.80M | 138.50M |
| Additional paid in capital | 193.72M | 171.42M | 141.84M | 107.74M | 89.15M |
| Treasury stock | — | — | — | — | — |
| Minority interest | 279.61M | 152.42M | 130.79M | 104.32M | 5.54M |
Cash flow statement
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Net Income | 311.80M | 248.39M | 444.52M | 308.50M | 241.46M | 254.19M | 150.74M | 173.00M | 212.11M | 242.71M | -234.13M | 42.58M | 129.97M | 42.53M | 48.23M |
| Depreciation | 9.35M | 7.80M | 6.93M | 6.63M | 6.23M | 5.67M | 5.30M | 5.27M | 4.52M | 3.25M | 3.23M | 2.40M | 2.36M | 2.29M | 2.39M |
| Deferred Taxes | 41.99M | 29.24M | 38.02M | 32.66M | 26.91M | 24.61M | 104.50M | 33.31M | 28.77M | 21.76M | 9.38M | — | — | — | — |
| Stock-Based Compensation | 33.70M | 41.53M | 39.65M | 37.03M | 43.10M | 53.55M | 62.89M | 72.00M | 79.52M | 88.26M | 655.42M | — | — | — | — |
| Other Non-Cash Items | -89.38M | -75.84M | -88.09M | -54.79M | -45.90M | -27.89M | -58.85M | 448,000 | 448,000 | 448,000 | 448,000 | 631,000 | 726,000 | 548,000 | — |
| Accounts Receivable | 125,000 | 16.62M | -15.96M | -18.02M | -14.18M | 9.00M | -16.96M | 318,000 | 9.30M | -5.60M | -17.74M | -6.61M | -2.69M | -5.08M | -9.50M |
| Accounts Payable | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | — | 45.97M | -30.80M | 36.59M | 40.07M | 12.82M | -9.40M | -4.60M | -8.81M | -8.88M | -241.05M | 88.70M | -29.51M | 75.10M | 106,559 |
| Operating Cash Flow | 307.58M | 313.71M | 394.27M | 348.60M | 297.68M | 331.96M | 238.22M | 279.74M | 325.85M | 341.95M | 175.55M | 127.70M | 100.86M | 115.38M | 41.22M |
| Investing Activities | |||||||||||||||
| Capital Expenditures | -8.63M | -19.56M | -5.97M | -3.10M | -17.78M | -13.84M | -5.84M | -7.28M | -7.34M | -9.62M | -3.19M | -5.47M | -2.71M | -1.46M | -1.18M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | -35.48M | -49.34M | -33.82M | -2.15M | -10,000 | -500,000 | -5.25M | -4.01M | -6.75M | -10.03M | -5.00M | — | -20.00M | -1.03M | -13,961 |
| Sale of Investments | 5.95M | 5.16M | 12.81M | 24.00M | 288,000 | — | 6.38M | 8.96M | 2.72M | 11.61M | 16.93M | 4.60M | 4.10M | 2.20M | — |
| Investing Cash Flow | -38.17M | -63.73M | -26.97M | 18.75M | -17.51M | -14.34M | -4.70M | -2.07M | -11.33M | -7.78M | 8.74M | -1.01M | -19.65M | -282,000 | -1.20M |
| Financing Activities | |||||||||||||||
| Long-Term Debt Issuance | — | 90.00M | — | — | 50.00M | — | 60.00M | — | — | — | — | 290.00M | — | — | — |
| Long-Term Debt Payments | — | -90.00M | — | — | -50.00M | — | -60.00M | — | — | — | -90.00M | -324.79M | -55.21M | -20.00M | -288,489 |
| Other Financing Charges | 8.42M | -57.71M | -60.69M | -79.23M | -118.39M | -95.70M | -87.84M | -162.32M | -202.06M | -273.54M | -225.87M | -80.05M | -60.41M | -38.56M | -22.55M |
| Financing Cash Flow | -174.96M | -306.40M | -335.43M | -282.23M | -306.57M | -263.48M | -218.86M | -277.71M | -326.01M | -373.35M | -50.23M | -114.84M | -115.62M | -95.32M | -22.84M |
| Other Cash Details | |||||||||||||||
| End Cash Position | 178.47M | 143.25M | 200.77M | 199.45M | 144.26M | 175.54M | 159.80M | 157.41M | 166.19M | 182.28M | 211.84M | 141.16M | 126.96M | 158.99M | 101.84M |
| Income Tax Paid | 30.72M | 31.57M | 70.34M | 35.48M | 18.59M | 20.73M | 25.30M | 18.62M | 29.32M | 30.69M | 16.45M | 541,000 | 2.48M | — | — |
| Interest Paid | 7.68M | 10.30M | 10.21M | 10.26M | 10.65M | 10.69M | 11.02M | 11.11M | 11.02M | 11.11M | 11.42M | 7.58M | 22.21M | 22.25M | 25.02M |
| Free Cash Flow | 244.40M | 293.05M | 392.58M | 315.58M | 275.01M | 319.48M | 220.12M | 263.08M | 313.90M | 341.95M | 108.98M | 124.59M | 100.50M | 114.52M | 88.77M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| iShares Core S&P Smallcap ETF | Nov 30, 2024 | 4,423,604 | 197.16M | 6.31% |
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 2,194,309 | 97.80M | 3.13% |
| Schwab Strategic Tr-Schwab U.S. Dividend Equity ETF | Nov 30, 2024 | 1,772,692 | 79.01M | 2.53% |
| Vanguard Small-Cap Index Fund | Sep 30, 2024 | 1,748,881 | 77.95M | 2.50% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 1,625,092 | 72.43M | 2.32% |
| Virtus Equity Tr-Virtus KAR Small Cap Core Fd | Sep 30, 2024 | 1,280,387 | 57.07M | 1.83% |
| Smallcap World Fund | Sep 30, 2024 | 1,277,000 | 56.92M | 1.82% |
| Vanguard Small Cap Value Index Fund | Sep 30, 2024 | 1,184,579 | 52.80M | 1.69% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 1,049,712 | 46.79M | 1.50% |
| Wasatch Small Cap Value Fund | Sep 30, 2024 | 1,006,040 | 44.84M | 1.44% |
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