Expense Ratio (Annual)

Expense Ratio: A measure of profitability used by an insurance company to indicate how well it is performing in its daily operations. The expense ratio is calculated by taking the operating expenses and then dividing them by earned premium. Calculated as: (Total Operating Expenses - Underwriting Losses Total) / Net Premiums Earned

Artisan Partners Asset Management Inc. (APAM) Expense Ratio data is not available.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$1.11B
Net Income	$237.44M
Cost of Goods Sold	$594.12M
Gross Profit	$517.68M
Operating Expenses	$745.17M
Operating Income	$366.63M
Non-Operating Income/Expense	$73.92M
Pre-Tax Income	$440.55M
Normalized Pre-Tax Income	$367.13M
Income after Taxes	$349.65M
Income from Continuous Operations	$349.65M
Consolidated Net Income/Loss	$349.65M
Normalized Income after Taxes	$261.08M
EBIT	$366.63M
EBITDA	$376.88M
Weighted-Average Shares Outstanding (Basic)	64.90M
Weighted-Average Shares Outstanding (Diluted)	64.94M
Earnings per Share (EPS) (Basic)	$3.66
Earnings per Share (EPS) (Diluted)	$3.66
Balance Sheet Financials
Current Assets	$409.41M
Property, Plant, and Equipment	$41.47M
Long-Term Assets	$1.21B
Total Assets	$1.62B
Current Liabilities	$159.94M
Long-Term Debt	$199.43M
Long-Term Liabilities	$1.04B
Total Liabilities	$1.20B
Common Equity	$422.00M
Tangible Shareholders Equity	$422.00M
Shareholders Equity	$422.00M
Common Shares Outstanding	80.36M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$372.84M
Cash Flow from Investing Activities	$-24.87M
Cash Flow from Financial Activities	$-254.22M
Beginning Cash	$178.47M
End Cash	$268.22M
Increase/Decrease in Cash	$89.75M
Stock-Based Compensation	$32.48M
Common Stock Dividends Paid	$-221.96M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	2.56
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.32
Debt to Equity Ratio	0.47
Gross Margin	46.56%
Operating Margin	32.98%
EBIT Margin	32.98%
EBITDA Margin	33.90%
Pre-Tax Profit Margin	39.62%
Profit Margin	21.36%
Free Cash Flow	$368.09M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.69
Inventory Turnover	--
Receiveable Turnover	8.71
Days Sales in Receivables	41.91
Return on Equity	82.86%
Return on Tangible Equity	82.86%
Return on Assets	21.60%
Return on Investments	56.27%
Book Value Per Share	$5.25
Free Cash Flow per Share	$5.67
Operating Cash Flow per Share	$5.74

Data from Zacks Investment Research, Inc.