Artisan Partners Asset Management (APAM) Gross Margin (2018 - 2026)
Artisan Partners Asset Management (APAM) reported Gross Margin of 97.53% for Q1 2026, down 15.0% year-over-year from 114.74% in Q1 2025, and little changed quarter-over-quarter from 97.78% in Q4 2025.
Artisan Partners Asset Management (APAM) Gross Margin (2018 - 2026) Analysis & Trends
Artisan Partners Asset Management (APAM) has 9 years of Gross Margin data on file, last reported at 97.53% in Q1 2026.
- Gross Margin for Q1 2026 came in at 97.53%, down 15.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 97.61% (down 9.0% YoY), and the FY2025 annual result was 97.65%, down 3.0% from the prior year.
- Gross Margin held at 97.53% in Q1 2026 per APAM's latest filing, from 97.78% in the prior quarter.
- Over five years, Gross Margin peaked at 97.78% in Q4 2025 and troughed at 97.49% in Q1 2022.
- A 5-year average of 97.6% and a median of 97.6% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin advanced 20 bps in 2024, then decreased 22 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 97.5% in 2022, then gained by 0 bps to 97.66% in 2023, then gained by 0 bps to 97.78% in 2024, then climbed by 0 bps to 97.78% in 2025, then slipped by 0 bps to 97.53% in 2026.
- Business Quant data shows APAM's Gross Margin at 97.53% in Q1 2026, 97.78% in Q4 2025, and 97.5% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | - |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | - |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | - |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 99.70% |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | - |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 93.51% |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | - |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | - |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | - |
| 10 | Artisan Partners Asset Management | 2.37 Bn | 2.45 Bn | 295.53 Mn | 97.53% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 97.53% |
| Dec 31, 2025 | 97.78% |
| Sep 30, 2025 | 97.50% |
| Jun 30, 2025 | 97.62% |
| Mar 31, 2025 | 97.68% |
| Dec 31, 2024 | 97.78% |
| Sep 30, 2024 | 97.72% |
| Jun 30, 2024 | 97.64% |
| Mar 31, 2024 | 97.58% |
| Dec 31, 2023 | 97.66% |
| Sep 30, 2023 | 97.53% |
| Jun 30, 2023 | 97.52% |
| Mar 31, 2023 | 97.60% |
| Dec 31, 2022 | 97.50% |
| Sep 30, 2022 | 97.61% |
| Jun 30, 2022 | 97.49% |
| Mar 31, 2022 | 97.49% |
| Dec 31, 2021 | 97.46% |
| Sep 30, 2021 | 97.43% |
| Jun 30, 2021 | 97.38% |