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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Artisan Partners Asset Management's selling, general, & admin. expense for the
three
months ended in Mar. 2026 was €34 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was €131 Mil.
An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.
Warren Buffett likes companies with consistent SGA as the percentage of gross profit.
Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.
If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.
Artisan Partners Asset Management Selling, General, & Admin. Expense Related Terms
Artisan Partners Asset Management Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Chart
STU:AP0 vs PTY, GDV, AAMI: Selling, General, & Admin. Expense Comparison
For the Asset Management subindustry, Artisan Partners Asset Management's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Artisan Partners Asset Management's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Artisan Partners Asset Management's Selling, General, & Admin. Expense falls into.
Artisan Partners Asset Management Selling, General, & Admin. Expense Calculation
Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.
Selling, General, & Admin. Expense 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 €131 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.
What does a Selling, General, & Admin. Expense of €131 Mil mean?
Artisan Partners Asset Management (STU:AP0) has a Selling, General, & Admin. Expense of €131 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Artisan Partners Asset Management and its competitors.
Is Artisan Partners Asset Management's Selling, General, & Admin. Expense too high?
Artisan Partners Asset Management's current Selling, General, & Admin. Expense is €131 Mil. Overall, Artisan Partners Asset Management has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Artisan Partners Asset Management's Selling, General, & Admin. Expense compare to PTY and GDV?
Artisan Partners Asset Management's Selling, General, & Admin. Expense of €131 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 Selling, General, & Admin. Expense for an Asset Management company?
A good Selling, General, & Admin. Expense depends on the Asset Management industry context. However, Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Artisan Partners Asset Management and its competitors. Artisan Partners Asset Management's current Selling, General, & Admin. Expense is €131 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 (STU:AP0) is currently considered Modestly Undervalued. The stock's GF Value™ is €41.03, compared to a current price of €34.54 — trading 15.8% below its estimated fair value. The current Selling, General, & Admin. Expense is €131 Mil. Artisan Partners Asset Management's overall GF Score™ is 79/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Artisan Partners Asset Management (STU:AP0), the current Selling, General, & Admin. Expense is €131 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 (STU:AP0) Overvalued in 2026?
Based on GuruFocus' analysis, Artisan Partners Asset Management stock appears to be undervalued.
The current stock price of €34.54 is trading 15.8% below its estimated GF Value™ of €41.03.
GuruFocus considers Artisan Partners Asset Management to be Modestly Undervalued.
Key valuation signals for STU:AP0:
Selling, General, & Admin. Expense: €131 Mil
GF Value™: €41.03 vs. price of €34.54 (15.8% below fair value)
No single metric tells the full story. See the STU:AP0 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.
79GF Score
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