Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Pretax income is the income that a company earns before paying income taxes. Artisan Partners Asset Management's pretax income for the
three
months ended in Mar. 2026 was $86 Mil.
Its pretax income for the trailing twelve months (TTM) ended in Mar. 2026 was $484 Mil.
Artisan Partners Asset Management's pretax margin was 28.51%.
During the past 13 years, Artisan Partners Asset Management's highest Pretax Margin was 71.80%. The lowest was 31.14%. And the median was 39.49%.
Artisan Partners Asset Management (NYSE:APAM) Pre-Tax Income Explanation
Artisan Partners Asset Management's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as
During the past 13 years, Artisan Partners Asset Management's highest Pretax Margin was 71.80%. The lowest was 31.14%. And the median was 39.49%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Artisan Partners Asset Management Pre-Tax Income Related Terms
Artisan Partners Asset Management Pre-Tax Income Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Artisan Partners Asset Management Pre-Tax Income Chart
For the Asset Management subindustry, Artisan Partners Asset Management's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Artisan Partners Asset Management Pre-Tax Income vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Artisan Partners Asset Management's Pre-Tax Income distribution charts can be found below:
* The bar in red indicates where Artisan Partners Asset Management's Pre-Tax Income falls into.
Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $484 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Artisan Partners Asset Management (APAM) has a Pre-Tax Income of $484 Mil as of Mar. 2026. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Artisan Partners Asset Management and its competitors.
Is Artisan Partners Asset Management's Pre-Tax Income too high?
Artisan Partners Asset Management's current Pre-Tax Income is $484 Mil. Overall, Artisan Partners Asset Management has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Artisan Partners Asset Management's Pre-Tax Income compare to NAD and AAMI?
Artisan Partners Asset Management's Pre-Tax Income of $484 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pre-Tax Income for an Asset Management company?
A good Pre-Tax Income depends on the Asset Management industry context. However, Pre-Tax Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pre-Tax Income mean?
A high Pre-Tax Income can signal that a stock is expensive relative to its fundamentals. Pre-Tax Income is the total earnings before taxes but after all operating and interest expenses. View historical data on Artisan Partners Asset Management and its competitors. Artisan Partners Asset Management's current Pre-Tax Income is $484 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artisan Partners Asset Management stock overvalued right now?
Based on GuruFocus' analysis, Artisan Partners Asset Management (APAM) is currently considered Modestly Undervalued. The stock's GF Value™ is $47.35, compared to a current price of $39.50 — trading 16.6% below its estimated fair value. The current Pre-Tax Income is $484 Mil. Artisan Partners Asset Management's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pre-Tax Income calculated?
Pre-Tax Income is calculated from a company's financial statements. For Artisan Partners Asset Management (APAM), the current Pre-Tax Income is $484 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Artisan Partners Asset Management (APAM) Overvalued in 2026?
Based on GuruFocus' analysis, Artisan Partners Asset Management stock appears to be undervalued.
The current stock price of $39.50 is trading 16.6% below its estimated GF Value™ of $47.35.
GuruFocus considers Artisan Partners Asset Management to be Modestly Undervalued.
Key valuation signals for APAM:
Pre-Tax Income: $484 Mil
GF Value™: $47.35 vs. price of $39.50 (16.6% below fair value)
No single metric tells the full story. See the APAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Artisan Partners Asset Management Business Description
Artisan Partners Asset Management Inc is a investment management firm providing a range of investment strategies to a diverse group of clients around the world. Each of the company's strategies is managed by one of its several investment teams. Investment management services are offered to institutions through separate accounts and mutual funds. Artisan's investment offerings include several long-only, equity investment strategies across a multitude of market capitalization segments and investing styles in both the United States and international markets. The company operates as one segment in the investment management business. The company generates maximum portion of its revenues from clients domiciled in countries outside the United States.
78GF Score
Get the complete analysis for APAM
Pre-Tax Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
APAM has been successfully added to your 
