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
DateValue
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%