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Side-by-side financial comparison of ACCO BRANDS Corp (ACCO) and Artisan Partners Asset Management Inc. (APAM). Click either name above to swap in a different company.

ACCO BRANDS Corp is the larger business by last-quarter revenue ($428.8M vs $335.5M, roughly 1.3× Artisan Partners Asset Management Inc.). Artisan Partners Asset Management Inc. runs the higher net margin — 35.2% vs 5.0%, a 30.2% gap on every dollar of revenue. On growth, Artisan Partners Asset Management Inc. posted the faster year-over-year revenue change (12.9% vs -4.3%). Over the past eight quarters, Artisan Partners Asset Management Inc.'s revenue compounded faster (12.7% CAGR vs 9.3%).

ACCO Brands Corporation is an American multinational company. It was created by the merger of ACCO World from Fortune Brands with General Binding Corporation (GBC). As of 2025, its president and CEO is Thomas W. Tedford.

Artisan Partners is an American asset management company headquartered in Milwaukee, Wisconsin. Outside the United States, the company has offices in Dublin, Hong Kong, London, Singapore and Sydney.

ACCO vs APAM — Head-to-Head

Bigger by revenue
ACCO
ACCO
1.3× larger
ACCO
$428.8M
$335.5M
APAM
Growing faster (revenue YoY)
APAM
APAM
+17.3% gap
APAM
12.9%
-4.3%
ACCO
Higher net margin
APAM
APAM
30.2% more per $
APAM
35.2%
5.0%
ACCO
Faster 2-yr revenue CAGR
APAM
APAM
Annualised
APAM
12.7%
9.3%
ACCO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ACCO
ACCO
APAM
APAM
Revenue
$428.8M
$335.5M
Net Profit
$21.3M
$118.1M
Gross Margin
33.6%
Operating Margin
9.3%
39.2%
Net Margin
5.0%
35.2%
Revenue YoY
-4.3%
12.9%
Net Profit YoY
3.4%
34.9%
EPS (diluted)
$0.23
$1.36

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACCO
ACCO
APAM
APAM
Q4 25
$428.8M
$335.5M
Q3 25
$383.7M
$301.3M
Q2 25
$394.8M
$282.7M
Q1 25
$317.4M
$277.1M
Q4 24
$448.1M
$297.1M
Q3 24
$420.9M
$279.6M
Q2 24
$438.3M
$270.8M
Q1 24
$358.9M
$264.4M
Net Profit
ACCO
ACCO
APAM
APAM
Q4 25
$21.3M
$118.1M
Q3 25
$4.0M
$66.8M
Q2 25
$29.2M
$67.6M
Q1 25
$-13.2M
$61.1M
Q4 24
$20.6M
$87.5M
Q3 24
$9.3M
$73.0M
Q2 24
$-125.2M
$57.6M
Q1 24
$-6.3M
$59.5M
Gross Margin
ACCO
ACCO
APAM
APAM
Q4 25
33.6%
Q3 25
33.0%
Q2 25
32.9%
Q1 25
31.4%
Q4 24
34.7%
Q3 24
32.5%
Q2 24
34.8%
Q1 24
30.8%
Operating Margin
ACCO
ACCO
APAM
APAM
Q4 25
9.3%
39.2%
Q3 25
6.8%
33.8%
Q2 25
8.4%
28.2%
Q1 25
-2.1%
31.2%
Q4 24
9.4%
36.7%
Q3 24
6.2%
33.3%
Q2 24
-25.4%
32.0%
Q1 24
1.6%
29.4%
Net Margin
ACCO
ACCO
APAM
APAM
Q4 25
5.0%
35.2%
Q3 25
1.0%
22.2%
Q2 25
7.4%
23.9%
Q1 25
-4.2%
22.1%
Q4 24
4.6%
29.5%
Q3 24
2.2%
26.1%
Q2 24
-28.6%
21.3%
Q1 24
-1.8%
22.5%
EPS (diluted)
ACCO
ACCO
APAM
APAM
Q4 25
$0.23
$1.36
Q3 25
$0.04
$0.93
Q2 25
$0.31
$0.94
Q1 25
$-0.14
$0.82
Q4 24
$0.21
$0.99
Q3 24
$0.09
$1.03
Q2 24
$-1.29
$0.80
Q1 24
$-0.07
$0.84

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACCO
ACCO
APAM
APAM
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$190.0M
Stockholders' EquityBook value
$664.6M
$438.8M
Total Assets
$2.3B
$1.6B
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Total Debt
ACCO
ACCO
APAM
APAM
Q4 25
$190.0M
Q3 25
$190.0M
Q2 25
$200.0M
Q1 25
$200.0M
Q4 24
$200.0M
Q3 24
$200.0M
Q2 24
$200.0M
Q1 24
$200.0M
Stockholders' Equity
ACCO
ACCO
APAM
APAM
Q4 25
$664.6M
$438.8M
Q3 25
$644.0M
$402.1M
Q2 25
$637.3M
$381.8M
Q1 25
$606.1M
$356.5M
Q4 24
$606.1M
$388.9M
Q3 24
$615.5M
$372.1M
Q2 24
$617.1M
$341.2M
Q1 24
$758.5M
$320.3M
Total Assets
ACCO
ACCO
APAM
APAM
Q4 25
$2.3B
$1.6B
Q3 25
$2.3B
$1.6B
Q2 25
$2.4B
$1.4B
Q1 25
$2.3B
$1.4B
Q4 24
$2.2B
$1.6B
Q3 24
$2.4B
$1.6B
Q2 24
$2.4B
$1.5B
Q1 24
$2.5B
$1.5B
Debt / Equity
ACCO
ACCO
APAM
APAM
Q4 25
0.43×
Q3 25
0.47×
Q2 25
0.52×
Q1 25
0.56×
Q4 24
0.51×
Q3 24
0.54×
Q2 24
0.59×
Q1 24
0.62×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACCO
ACCO
APAM
APAM
Operating Cash FlowLast quarter
$30.6M
$172.0M
Free Cash FlowOCF − Capex
$171.6M
FCF MarginFCF / Revenue
51.2%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
1.44×
1.46×
TTM Free Cash FlowTrailing 4 quarters
$420.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACCO
ACCO
APAM
APAM
Q4 25
$30.6M
$172.0M
Q3 25
$71.5M
$40.4M
Q2 25
$-38.9M
$50.9M
Q1 25
$5.5M
$157.9M
Q4 24
$52.7M
$372.8M
Q3 24
$92.9M
$112.8M
Q2 24
$-25.6M
$75.9M
Q1 24
$28.2M
$147.0M
Free Cash Flow
ACCO
ACCO
APAM
APAM
Q4 25
$171.6M
Q3 25
$40.4M
Q2 25
$50.9M
Q1 25
$157.7M
Q4 24
$371.3M
Q3 24
$112.4M
Q2 24
$75.2M
Q1 24
$146.9M
FCF Margin
ACCO
ACCO
APAM
APAM
Q4 25
51.2%
Q3 25
13.4%
Q2 25
18.0%
Q1 25
56.9%
Q4 24
125.0%
Q3 24
40.2%
Q2 24
27.8%
Q1 24
55.6%
Capex Intensity
ACCO
ACCO
APAM
APAM
Q4 25
0.1%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.1%
Q4 24
0.5%
Q3 24
0.1%
Q2 24
0.2%
Q1 24
0.0%
Cash Conversion
ACCO
ACCO
APAM
APAM
Q4 25
1.44×
1.46×
Q3 25
17.88×
0.60×
Q2 25
-1.33×
0.75×
Q1 25
2.58×
Q4 24
2.56×
4.26×
Q3 24
9.99×
1.54×
Q2 24
1.32×
Q1 24
2.47×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACCO
ACCO

Transferred At Point In Time$421.6M98%
Transferred Over Time$7.2M2%

APAM
APAM

Segment breakdown not available.

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