Artisan Partners Asset Management (APAM) Tax Rate (2012 - 2026)
Artisan Partners Asset Management (APAM) reported Tax Rate of 21.72% for Q1 2026, up 117.0% year-over-year from 10.01% in Q1 2025, and up 8.93% on a QoQ basis from 19.94% in Q4 2025.
Artisan Partners Asset Management (APAM) has 15 years of Tax Rate data on file, last reported at 21.72% in Q1 2026.
- Quarterly Tax Rate rose 117.0% year-over-year to 21.72% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 23.01% (up 228.0% YoY) and the FY2025 annual result came in at 22.74%, up 211.0% from the prior year.
- Tax Rate grew to 21.72% in Q1 2026 per APAM's latest filing, from 19.94% in the prior quarter.
- Across five years, Tax Rate topped out at 29.95% in Q3 2025 and bottomed at 16.56% in Q3 2023.
- The 5-year median for Tax Rate is 20.55% (2025), against an average of 20.77%.
- The widest annual swing landed in 2023, when Tax Rate sank 538 bps; it then soared 1085 bps in 2025.
- Tracing APAM's Tax Rate over 5 years: stood at 20.11% in 2022, then dropped by 11 bps to 17.89% in 2023, then rose by 26 bps to 22.63% in 2024, then slipped by 12 bps to 19.94% in 2025, then grew by 9 bps to 21.72% in 2026.
- Per Business Quant, the three latest APAM Tax Rate figures stand at 21.72% (Q1 2026), 19.94% (Q4 2025), and 29.95% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 158.51 Bn | 148.89 Bn | - | 18.16 |
| 2 | Blackstone | 92.68 Bn | 91.63 Bn | - | 13.55 |
| 3 | Kkr | 84.94 Bn | 132.45 Bn | - | 40.05 |
| 4 | Brookfield Asset Management | 77.34 Bn | 77.68 Bn | - | 15.80 |
| 5 | Apollo Global Management | 76.27 Bn | 95.00 Bn | 5.04 Bn | 598.59 |
| 6 | State Street | 44.42 Bn | 18.75 Bn | - | 21.16 |
| 7 | Ameriprise Financial | 41.68 Bn | 41.55 Bn | 4.57 Bn | 20.02 |
| 8 | Northern Trust | 31.21 Bn | 31.21 Bn | - | 24.99 |
| 9 | Ares Management | 28.85 Bn | 32.22 Bn | - | 19.13 |
| 10 | Artisan Partners Asset Management | 2.47 Bn | 2.55 Bn | 295.53 Mn | 21.72 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.72 |
| Mar 31, 2026 | 21.72 |
| Dec 31, 2025 | 19.94 |
| Dec 31, 2025 | 19.94 |
| Sep 30, 2025 | 29.95 |
| Sep 30, 2025 | 29.95 |
| Jun 30, 2025 | 20.57 |
| Jun 30, 2025 | 20.57 |
| Mar 31, 2025 | 20.55 |
| Mar 31, 2025 | 20.55 |
| Dec 31, 2024 | 22.63 |
| Dec 31, 2024 | 22.63 |
| Sep 30, 2024 | 19.10 |
| Sep 30, 2024 | 19.10 |
| Jun 30, 2024 | 20.82 |
| Jun 30, 2024 | 20.82 |
| Mar 31, 2024 | 20.21 |
| Mar 31, 2024 | 20.21 |
| Dec 31, 2023 | 17.89 |
| Dec 31, 2023 | 17.89 |
| Sep 30, 2023 | 16.56 |
| Sep 30, 2023 | 16.56 |
| Jun 30, 2023 | 20.00 |
| Jun 30, 2023 | 20.00 |
| Mar 31, 2023 | 20.62 |
| Mar 31, 2023 | 20.62 |
| Dec 31, 2022 | 20.11 |
| Dec 31, 2022 | 20.11 |
| Sep 30, 2022 | 21.94 |
| Sep 30, 2022 | 21.94 |
| Jun 30, 2022 | 21.90 |
| Jun 30, 2022 | 21.90 |
| Mar 31, 2022 | 18.56 |
| Mar 31, 2022 | 18.56 |
| Dec 31, 2021 | 21.16 |
| Dec 31, 2021 | 21.16 |
| Sep 30, 2021 | 19.84 |
| Sep 30, 2021 | 19.84 |
| Jun 30, 2021 | 19.32 |
| Jun 30, 2021 | 19.32 |
| Mar 31, 2021 | 17.13 |
| Mar 31, 2021 | 17.13 |
| Dec 31, 2020 | 13.30 |
| Dec 31, 2020 | 13.30 |
| Sep 30, 2020 | 17.89 |
| Sep 30, 2020 | 17.89 |
| Jun 30, 2020 | 18.48 |
| Jun 30, 2020 | 18.48 |
| Mar 31, 2020 | 17.80 |
| Mar 31, 2020 | 17.80 |
| Dec 31, 2019 | 17.01 |
| Dec 31, 2019 | 17.01 |
| Sep 30, 2019 | -13.41 |
| Sep 30, 2019 | -13.41 |
| Jun 30, 2019 | 16.07 |
| Jun 30, 2019 | 16.07 |
| Mar 31, 2019 | 15.93 |
| Mar 31, 2019 | 15.93 |
| Dec 31, 2018 | 15.97 |
| Dec 31, 2018 | 15.97 |
| Sep 30, 2018 | 17.52 |
| Sep 30, 2018 | 17.52 |
| Jun 30, 2018 | 15.05 |
| Jun 30, 2018 | 15.05 |
| Mar 31, 2018 | 14.63 |
| Mar 31, 2018 | 14.63 |
| Dec 31, 2017 | 99.77 |
| Dec 31, 2017 | 99.77 |
| Sep 30, 2017 | 26.85 |
| Sep 30, 2017 | 26.85 |
| Jun 30, 2017 | 23.43 |
| Jun 30, 2017 | 23.43 |
| Mar 31, 2017 | 23.05 |
| Mar 31, 2017 | 23.05 |
| Dec 31, 2016 | 21.81 |
| Dec 31, 2016 | 21.81 |
| Sep 30, 2016 | 24.98 |
| Sep 30, 2016 | 24.98 |
| Jun 30, 2016 | 22.52 |
| Jun 30, 2016 | 22.52 |
| Mar 31, 2016 | 22.22 |
| Mar 31, 2016 | 22.22 |
| Dec 31, 2015 | 21.59 |
| Dec 31, 2015 | 21.59 |
| Sep 30, 2015 | 18.83 |
| Sep 30, 2015 | 18.83 |
| Jun 30, 2015 | 21.78 |
| Jun 30, 2015 | 21.78 |
| Mar 31, 2015 | 8.68 |
| Mar 31, 2015 | 8.68 |
| Dec 31, 2014 | 17.68 |
| Dec 31, 2014 | 17.68 |
| Sep 30, 2014 | 19.54 |
| Sep 30, 2014 | 19.54 |
| Jun 30, 2014 | 11.92 |
| Jun 30, 2014 | 11.92 |
| Mar 31, 2014 | 17.68 |
| Mar 31, 2014 | 17.68 |
| Dec 31, 2013 | 12.95 |
| Dec 31, 2013 | 12.95 |
| Sep 30, 2013 | 10.85 |
| Sep 30, 2013 | 10.85 |
| Jun 30, 2013 | 11.10 |
| Jun 30, 2013 | 11.10 |
| Mar 31, 2013 | -1.13 |
| Mar 31, 2013 | -1.13 |
| Dec 31, 2012 | 0.60 |
| Dec 31, 2012 | 0.60 |
| Sep 30, 2012 | -0.68 |
| Sep 30, 2012 | -0.68 |
| Jun 30, 2012 | 0.65 |
| Jun 30, 2012 | 0.65 |
| Mar 31, 2012 | 8.56 |
| Mar 31, 2012 | 8.56 |