Artisan Partners Asset Management (APAM) Operating Margin (2012 - 2026)
Artisan Partners Asset Management (APAM) recorded Operating Margin of 27.48% in Q2 2026, down 0.73 percentage points from 28.21% a year earlier and down 3.61 percentage points from the prior quarter.
Artisan Partners Asset Management (APAM) Operating Margin (2012 - 2026) Analysis & Trends
On a TTM basis, Artisan Partners Asset Management's Operating Margin came in at 33.03% as of Jun 30, 2026, up 0.60 percentage points year-over-year; for FY2025, it came in at 33.39%, up 0.42 percentage points from FY2024.
- Annual Operating Margin has a five-year change of -6.44 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 32.98% in FY2024 (+1.84 pp), 31.13% in FY2023 (-3.51 pp), 34.64% in FY2022 (-9.40 pp) and 44.04% in FY2021 (+4.21 pp).
- The Q2 2026 figure is the lowest quarterly Operating Margin since Q1 2013.
- On a year-over-year basis, Operating Margin rose in five of the last eight quarters, with an average year-over-year change of +0.81 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 6.05 percentage points in Q4 2024, against a drop of 12.78 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 31.09% (Q1 2026), 39.20% (Q4 2025) and 33.79% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 166.01 Bn | 112.36 Bn | - | 34.74% |
| 2 | Spdr Gold Trust | 133.03 Bn | -424.98 Bn | - | - |
| 3 | Blackstone | 86.20 Bn | 81.13 Bn | - | - |
| 4 | Kkr | 83.71 Bn | 50.19 Bn | - | - |
| 5 | Brookfield | 81.54 Bn | -83.85 Bn | 4.47 Bn | -53.96% |
| 6 | Brookfield Asset Management | 71.09 Bn | 67.34 Bn | - | - |
| 7 | Apollo Global Management | 68.54 Bn | 6.22 Bn | 10.56 Bn | 16.30% |
| 8 | Wheaton Precious Metals | 61.57 Bn | 57.00 Bn | 687.86 Mn | 71.79% |
| 9 | Franco Nevada | 47.40 Bn | 44.76 Bn | 451.00 Mn | 76.73% |
| 10 | Artisan Partners Asset Management | 2.90 Bn | 1.74 Bn | - | 27.48% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.48% |
| Mar 31, 2026 | 31.09% |
| Dec 31, 2025 | 39.20% |
| Sep 30, 2025 | 33.79% |
| Jun 30, 2025 | 28.21% |
| Mar 31, 2025 | 31.22% |
| Dec 31, 2024 | 36.75% |
| Sep 30, 2024 | 33.33% |
| Jun 30, 2024 | 31.99% |
| Mar 31, 2024 | 29.37% |
| Dec 31, 2023 | 30.69% |
| Sep 30, 2023 | 33.03% |
| Jun 30, 2023 | 31.58% |
| Mar 31, 2023 | 29.13% |
| Dec 31, 2022 | 30.96% |
| Sep 30, 2022 | 33.60% |
| Jun 30, 2022 | 35.17% |
| Mar 31, 2022 | 37.99% |
| Dec 31, 2021 | 43.75% |
| Sep 30, 2021 | 45.19% |
Artisan Partners Asset Management Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=APAM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "APAM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=APAM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();