Financial Snapshot

Revenue
$1.064B
TTM
Gross Margin
Net Earnings
$248.7M
TTM
Current Assets
$434.8M
Q3 2024
Current Liabilities
$698.3M
Q3 2024
Current Ratio
62.26%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$704.0M
Q3 2024
Cash
Q3 2024
P/E
15.77
Nov 29, 2024 EST
Free Cash Flow
$321.0M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Revenue $975.1M $993.3M $1.227B $899.6M $799.0M $828.6M $795.6M $720.9M $805.5M $828.7M $685.8M $505.6M $455.1M $382.3M $296.2M $357.0M
YoY Change -1.83% -19.06% 36.43% 12.59% -3.58% 4.15% 10.37% -10.5% -2.8% 20.83% 35.65% 11.09% 19.04% 29.07% -17.03% -17.74%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Revenue $975.1M $993.3M $1.227B $899.6M $799.0M $828.6M $795.6M $720.9M $805.5M $828.7M $685.8M $505.6M $455.1M $382.3M $296.2M $357.0M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Selling, General & Admin $671.5M $649.2M $686.7M $540.3M $515.5M $523.7M $509.2M $486.6M $523.1M $521.8M $947.0M $458.5M $300.8M $317.1M $223.1M $148.1M
YoY Change 3.44% -5.47% 27.1% 4.81% -1.57% 2.85% 4.64% -6.98% 0.25% -44.9% 106.54% 52.43% -5.14% 42.13% 50.64% -52.77%
% of Gross Profit
Research & Development $51.74M $50.26M $42.86M $38.14M $39.50M $37.16M $34.07M $32.13M $25.49M $21.00M $14.43M $13.24M $10.61M
YoY Change 2.95% 17.26% 12.38% -3.45% 6.28% 9.07% 6.06% 26.04% 21.36% 45.58% 8.96% 24.85%
% of Gross Profit
Depreciation & Amortization $9.348M $7.797M $6.933M $6.625M $6.233M $5.668M $5.297M $5.272M $4.519M $3.250M $3.225M $2.401M $2.360M $2.300M $2.400M $2.100M
YoY Change 19.89% 12.46% 4.65% 6.29% 9.97% 7.0% 0.47% 16.66% 39.05% 0.78% 34.32% 1.74% 2.61% -4.17% 14.29%
% of Gross Profit
Operating Expenses $671.5M $649.2M $686.7M $541.2M $515.5M $523.7M $509.2M $486.6M $523.1M $521.8M $947.0M $458.5M $300.8M $317.1M $223.1M $148.1M
YoY Change 3.44% -5.47% 26.88% 4.99% -1.57% 2.84% 4.64% -6.97% 0.25% -44.9% 106.56% 52.42% -5.14% 42.13% 50.64% -52.77%
Operating Profit $303.6M $344.1M $540.5M $358.3M $283.5M $304.9M $286.4M $234.2M $282.4M $306.9M -$261.2M $47.09M $154.3M
YoY Change -11.77% -36.34% 50.84% 26.41% -7.05% 6.47% 22.28% -17.05% -7.99% -217.5% -654.73% -69.48%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Interest Expense $8.571M $9.912M $10.80M $10.80M $11.05M $11.22M $11.45M $11.65M $11.71M $11.57M $11.87M $11.44M $18.39M -$21.40M -$24.90M -$25.60M
YoY Change -13.53% -8.25% -0.01% -2.26% -1.51% -1.97% -1.75% -0.45% 1.16% -2.5% 3.73% -37.77% -185.92% -14.06% -2.73% -8.24%
% of Operating Profit 2.82% 2.88% 2.0% 3.02% 3.9% 3.68% 4.0% 4.97% 4.15% 3.77% 24.3% 11.92%
Other Income/Expense, Net $80.10M -$32.26M $11.06M $10.97M -$14.19M -$3.153M $284.8M -$9.750M -$23.51M -$15.36M $53.46M -$3.463M -$23.16M
YoY Change -348.28% -391.73% 0.77% -177.34% 350.02% -101.11% -3021.37% -58.52% 53.05% -128.73% -1643.81% -85.05%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Pretax Income $383.7M $311.8M $551.6M $369.3M $269.3M $301.8M $571.2M $224.5M $258.9M $291.5M -$207.7M $43.62M $131.1M $43.80M $48.20M $183.3M
YoY Change 23.04% -43.46% 49.35% 37.15% -10.78% -47.17% 154.47% -13.29% -11.2% -240.34% -576.21% -66.73% 199.39% -9.13% -73.7% 92.34%
Income Tax $71.89M $63.45M $107.0M $60.80M $27.81M $47.60M $420.5M $51.48M $46.77M $48.83M $26.39M $1.047M $1.162M $1.300M $0.00 $0.00
% Of Pretax Income 18.74% 20.35% 19.4% 16.46% 10.33% 15.77% 73.61% 22.93% 18.07% 16.75% 2.4% 0.89% 2.97% 0.0% 0.0%
Net Earnings $222.3M $206.8M $336.5M $212.6M $156.5M $158.3M $49.60M $73.03M $81.80M $69.63M $24.81M $0.00 $0.00 $42.50M $48.20M $183.3M
YoY Change 7.51% -38.56% 58.27% 35.83% -1.12% 219.18% -32.08% -10.72% 17.48% 180.68% -100.0% -11.83% -73.7% 92.34%
Net Earnings / Revenue 22.8% 20.82% 27.42% 23.64% 19.59% 19.1% 6.23% 10.13% 10.16% 8.4% 3.62% 0.0% 0.0% 11.12% 16.27% 51.34%
Basic Earnings Per Share $3.19 $2.94 $5.10 $3.40 $2.65 $2.84
Diluted Earnings Per Share $3.19 $2.94 $5.09 $3.40 $2.65 $2.84 $1.112M $1.916M $2.311M $2.531M $1.797M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Cash & Short-Term Investments $178.5M $143.2M $200.1M $198.8M $143.6M $174.9M $159.2M $156.8M $166.2M $182.3M $211.8M $141.2M $132.1M $159.0M $101.8M
YoY Change 24.59% -28.43% 0.68% 38.44% -17.9% 9.86% 1.53% -5.66% -8.83% -13.93% 50.0% 6.89% -16.92% 56.19%
Cash & Equivalents $178.5M $143.2M $200.1M $198.8M $143.6M $174.9M $159.2M $156.8M $166.2M $182.3M $211.8M $141.2M $132.1M $159.0M $101.8M
Short-Term Investments
Other Short-Term Assets $14.79M $15.72M $12.54M $10.80M $9.600M $9.900M $9.000M $8.700M $7.500M $5.900M $4.800M $3.900M $3.300M $2.900M $3.000M
YoY Change -5.93% 25.35% 16.14% 12.5% -3.03% 10.0% 3.45% 16.0% 27.12% 22.92% 23.08% 18.18% 13.79% -3.33%
Inventory
Prepaid Expenses
Receivables $114.5M $103.6M $122.3M $103.5M $83.50M $73.30M $93.50M $59.70M $60.10M $69.40M $64.10M $46.00M $39.50M $36.70M $31.70M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $307.8M $262.6M $334.9M $313.1M $236.7M $258.1M $261.7M $225.2M $233.8M $257.6M $280.7M $191.1M $174.9M $198.6M $136.5M
YoY Change 17.21% -21.6% 6.98% 32.28% -8.29% -1.38% 16.21% -3.68% -9.24% -8.23% 46.89% 9.26% -11.93% 45.49%
Property, Plant & Equipment $141.4M $149.5M $124.0M $115.2M $126.7M $29.10M $21.00M $20.00M $18.00M $16.60M $8.800M $8.800M $5.600M $5.200M $6.100M
YoY Change -5.44% 20.62% 7.6% -9.08% 335.4% 38.57% 5.0% 11.11% 8.43% 88.64% 0.0% 57.14% 7.69% -14.75%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $514.6M $341.2M $242.9M $234.0M $130.6M $84.30M $120.3M $6.300M $10.30M $6.700M $7.800M $15.20M $17.30M $1.200M $2.200M
YoY Change 50.84% 40.46% 3.79% 79.17% 54.92% -29.93% 1809.52% -38.83% 53.73% -14.1% -48.68% -12.14% 1341.67% -45.45%
Other Assets $436.5M $477.0M $498.5M $482.7M $436.5M $429.8M $429.8M $679.1M $679.4M $563.3M $189.1M $1.200M $2.100M $1.800M $800.0K
YoY Change -8.49% -4.31% 3.28% 10.58% 1.56% 0.0% -36.71% -0.04% 20.61% 197.88% 15658.33% -42.86% 16.67% 125.0%
Total Long-Term Assets $1.098B $972.0M $873.1M $838.9M $696.9M $546.9M $575.5M $711.0M $712.0M $591.9M $300.7M $96.50M $50.00M $11.30M $9.200M
YoY Change 12.97% 11.33% 4.08% 20.38% 27.43% -4.97% -19.06% -0.14% 20.29% 96.84% 211.61% 93.0% 342.48% 22.83%
Total Assets $1.406B $1.235B $1.208B $1.152B $933.6M $805.0M $837.2M $936.2M $945.8M $849.5M $581.4M $287.6M $224.9M $209.9M $145.7M
YoY Change
Accounts Payable $63.59M $50.77M $49.18M $134.1M $54.10M $21.50M $24.80M $15.60M $18.10M $21.90M $18.80M $17.40M $7.500M $8.200M $8.400M
YoY Change 25.24% 3.24% -63.33% 147.87% 151.63% -13.31% 58.97% -13.81% -17.35% 16.49% 8.05% 132.0% -8.54% -2.38%
Accrued Expenses $165.6M $150.6M $107.8M $105.6M $117.3M $12.70M $2.900M $12.60M $13.70M $13.00M $3.600M $7.300M $4.900M $7.000M $5.500M
YoY Change 9.96% 39.68% 2.11% -9.97% 823.62% 337.93% -76.98% -8.03% 5.38% 261.11% -50.68% 48.98% -30.0% 27.27%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $593.3M $600.2M $582.4M $652.2M $546.7M $403.6M $413.1M $615.0M $626.5M $538.3M $206.1M $54.00M $27.30M $32.40M $15.20M
YoY Change -1.15% 3.05% -10.7% 19.3% 35.46% -2.3% -32.83% -1.84% 16.38% 161.18% 281.67% 97.8% -15.74% 113.16%
Long-Term Debt $199.3M $199.1M $199.4M $199.3M $199.1M $199.3M $199.1M $199.5M $199.3M $200.0M $200.0M $290.0M $324.8M $380.0M $400.0M
YoY Change 0.11% -0.2% 0.07% 0.1% -0.1% 0.1% -0.2% 0.1% -0.35% 0.0% -31.03% -10.71% -14.53% -5.0%
Other Long-Term Liabilities $9.580M $20.75M $19.18M $15.70M $6.200M $27.40M $54.20M $4.000M $3.500M $3.600M $43.00M $259.2M $156.7M $176.9M $130.5M
YoY Change -53.83% 8.2% 22.16% 153.23% -77.37% -49.45% 1255.0% 14.29% -2.78% -91.63% -83.41% 65.41% -11.42% 35.56%
Total Long-Term Liabilities $208.8M $219.8M $218.6M $215.0M $205.3M $226.7M $253.3M $203.5M $202.8M $203.6M $243.0M $549.2M $481.5M $556.9M $530.5M
YoY Change -4.98% 0.54% 1.69% 4.72% -9.44% -10.5% 24.47% 0.35% -0.39% -16.21% -55.75% 14.06% -13.54% 4.98%
Total Liabilities $1.082B $972.4M $931.8M $971.5M $800.7M $670.0M $727.2M $804.5M $815.8M $738.6M $537.6M -$69.60M $531.9M $589.3M $545.7M
YoY Change 11.24% 4.35% -4.08% 21.33% 19.51% -7.87% -9.61% -1.39% 10.45% 37.39% -872.41% -113.09% -9.74% 7.99%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Basic Shares Outstanding 63.45M shares 62.48M shares 59.87M shares 55.63M shares 51.13M shares 48.86M shares
Diluted Shares Outstanding 63.49M shares 62.50M shares 59.88M shares 55.64M shares 51.13M shares 48.86M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $3.9216 Billion

About Artisan Partners Asset Management Inc.

Artisan Partners Asset Management, Inc. operates as an investment management company, which provides investment strategies to clients globally. The company is headquartered in Milwaukee, Wisconsin and currently employs 573 full-time employees. The company went IPO on 2013-03-07. The firm is engaged in attracting, retaining and developing investment professionals by creating an environment, in which each investment team is provided resources and support, transparent and direct financial incentives, investment autonomy, and a long-term time horizon. The company offers its investment management capabilities primarily to institutions and through intermediaries that operate with institutional-like decision-making processes by means of separate accounts and pooled vehicles. The company accesses traditional institutional clients primarily through relationships with investment consultants. The company accesses other institutional-like investors primarily through consultants, alliances with defined contribution/401(k) platforms and relationships with financial advisors and broker-dealers. The company offers clients a range of actively managed investment strategies diversified by asset class, market cap and investment style.

Industry: Investment Advice Peers: Blackstone Inc. Bridge Investment Group Holdings Inc. FEDERATED HERMES, INC. Focus Financial Partners Inc. GOLUB CAPITAL BDC, Inc. Main Street Capital CORP PROSPECT CAPITAL CORP StepStone Group Inc. Victory Capital Holdings, Inc.