Growth Metrics

Artisan Partners Asset Management (APAM) Operating Margin (2016 - 2025)

Artisan Partners Asset Management (APAM) has disclosed Operating Margin for 14 consecutive years, with 39.2% as the latest value for Q4 2025.

  • On a quarterly basis, Operating Margin rose 245.0% to 39.2% in Q4 2025 year-over-year; TTM through Dec 2025 was 33.39%, a 42.0% increase, with the full-year FY2025 number at 33.39%, up 42.0% from a year prior.
  • Operating Margin was 39.2% for Q4 2025 at Artisan Partners Asset Management, up from 33.79% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 45.19% in Q3 2021 to a low of 28.21% in Q2 2025.
  • A 5-year average of 35.1% and a median of 33.46% in 2024 define the central range for Operating Margin.
  • Peak YoY movement for Operating Margin: surged 743bps in 2021, then tumbled -1278bps in 2022.
  • Artisan Partners Asset Management's Operating Margin stood at 43.75% in 2021, then dropped by -29bps to 30.96% in 2022, then dropped by -1bps to 30.69% in 2023, then grew by 20bps to 36.75% in 2024, then rose by 7bps to 39.2% in 2025.
  • Per Business Quant, the three most recent readings for APAM's Operating Margin are 39.2% (Q4 2025), 33.79% (Q3 2025), and 28.21% (Q2 2025).