vs
Side-by-side financial comparison of Artisan Partners Asset Management Inc. (APAM) and ESCO TECHNOLOGIES INC (ESE). Click either name above to swap in a different company.
Artisan Partners Asset Management Inc. is the larger business by last-quarter revenue ($335.5M vs $289.7M, roughly 1.2× ESCO TECHNOLOGIES INC). Artisan Partners Asset Management Inc. runs the higher net margin — 35.2% vs 9.9%, a 25.3% gap on every dollar of revenue. On growth, ESCO TECHNOLOGIES INC posted the faster year-over-year revenue change (17.3% vs 12.9%). Artisan Partners Asset Management Inc. produced more free cash flow last quarter ($171.6M vs $63.0M). Over the past eight quarters, Artisan Partners Asset Management Inc.'s revenue compounded faster (12.7% CAGR vs 7.8%).
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.
Esco is a Singaporean brand that develops, manufactures, and sells products and services for laboratories.
APAM vs ESE — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $335.5M | $289.7M |
| Net Profit | $118.1M | $28.7M |
| Gross Margin | — | 41.4% |
| Operating Margin | 39.2% | 13.2% |
| Net Margin | 35.2% | 9.9% |
| Revenue YoY | 12.9% | 17.3% |
| Net Profit YoY | 34.9% | 22.2% |
| EPS (diluted) | $1.36 | $1.11 |
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.
| Q4 25 | $335.5M | $289.7M | ||
| Q3 25 | $301.3M | $286.5M | ||
| Q2 25 | $282.7M | $296.3M | ||
| Q1 25 | $277.1M | $265.5M | ||
| Q4 24 | $297.1M | $247.0M | ||
| Q3 24 | $279.6M | $298.5M | ||
| Q2 24 | $270.8M | $260.8M | ||
| Q1 24 | $264.4M | $249.1M |
| Q4 25 | $118.1M | $28.7M | ||
| Q3 25 | $66.8M | $218.7M | ||
| Q2 25 | $67.6M | $26.1M | ||
| Q1 25 | $61.1M | $31.0M | ||
| Q4 24 | $87.5M | $23.5M | ||
| Q3 24 | $73.0M | $34.3M | ||
| Q2 24 | $57.6M | $29.2M | ||
| Q1 24 | $59.5M | $23.2M |
| Q4 25 | — | 41.4% | ||
| Q3 25 | — | 45.9% | ||
| Q2 25 | — | 41.2% | ||
| Q1 25 | — | 41.1% | ||
| Q4 24 | — | 39.8% | ||
| Q3 24 | — | 40.1% | ||
| Q2 24 | — | 39.6% | ||
| Q1 24 | — | 38.8% |
| Q4 25 | 39.2% | 13.2% | ||
| Q3 25 | 33.8% | 17.2% | ||
| Q2 25 | 28.2% | 11.2% | ||
| Q1 25 | 31.2% | 15.3% | ||
| Q4 24 | 36.7% | 11.4% | ||
| Q3 24 | 33.3% | 14.8% | ||
| Q2 24 | 32.0% | 14.3% | ||
| Q1 24 | 29.4% | 11.7% |
| Q4 25 | 35.2% | 9.9% | ||
| Q3 25 | 22.2% | 76.3% | ||
| Q2 25 | 23.9% | 8.8% | ||
| Q1 25 | 22.1% | 11.7% | ||
| Q4 24 | 29.5% | 9.5% | ||
| Q3 24 | 26.1% | 11.5% | ||
| Q2 24 | 21.3% | 11.2% | ||
| Q1 24 | 22.5% | 9.3% |
| Q4 25 | $1.36 | $1.11 | ||
| Q3 25 | $0.93 | $8.43 | ||
| Q2 25 | $0.94 | $1.01 | ||
| Q1 25 | $0.82 | $1.20 | ||
| Q4 24 | $0.99 | $0.91 | ||
| Q3 24 | $1.03 | $1.32 | ||
| Q2 24 | $0.80 | $1.13 | ||
| Q1 24 | $0.84 | $0.90 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $103.8M |
| Total DebtLower is stronger | $190.0M | $145.5M |
| Stockholders' EquityBook value | $438.8M | $1.6B |
| Total Assets | $1.6B | $2.4B |
| Debt / EquityLower = less leverage | 0.43× | 0.09× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $103.8M | ||
| Q3 25 | — | $101.3M | ||
| Q2 25 | — | $78.7M | ||
| Q1 25 | — | $57.4M | ||
| Q4 24 | — | $71.3M | ||
| Q3 24 | — | $66.0M | ||
| Q2 24 | — | $63.0M | ||
| Q1 24 | — | $59.4M |
| Q4 25 | $190.0M | $145.5M | ||
| Q3 25 | $190.0M | $186.0M | ||
| Q2 25 | $200.0M | $525.0M | ||
| Q1 25 | $200.0M | $88.0M | ||
| Q4 24 | $200.0M | $112.0M | ||
| Q3 24 | $200.0M | $122.0M | ||
| Q2 24 | $200.0M | $173.0M | ||
| Q1 24 | $200.0M | $191.0M |
| Q4 25 | $438.8M | $1.6B | ||
| Q3 25 | $402.1M | $1.5B | ||
| Q2 25 | $381.8M | $1.3B | ||
| Q1 25 | $356.5M | $1.3B | ||
| Q4 24 | $388.9M | $1.2B | ||
| Q3 24 | $372.1M | $1.2B | ||
| Q2 24 | $341.2M | $1.2B | ||
| Q1 24 | $320.3M | $1.2B |
| Q4 25 | $1.6B | $2.4B | ||
| Q3 25 | $1.6B | $2.4B | ||
| Q2 25 | $1.4B | $2.5B | ||
| Q1 25 | $1.4B | $1.8B | ||
| Q4 24 | $1.6B | $1.8B | ||
| Q3 24 | $1.6B | $1.8B | ||
| Q2 24 | $1.5B | $1.8B | ||
| Q1 24 | $1.5B | $1.8B |
| Q4 25 | 0.43× | 0.09× | ||
| Q3 25 | 0.47× | 0.12× | ||
| Q2 25 | 0.52× | 0.40× | ||
| Q1 25 | 0.56× | 0.07× | ||
| Q4 24 | 0.51× | 0.09× | ||
| Q3 24 | 0.54× | 0.10× | ||
| Q2 24 | 0.59× | 0.14× | ||
| Q1 24 | 0.62× | 0.16× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $172.0M | $68.9M |
| Free Cash FlowOCF − Capex | $171.6M | $63.0M |
| FCF MarginFCF / Revenue | 51.2% | 21.7% |
| Capex IntensityCapex / Revenue | 0.1% | 2.0% |
| Cash ConversionOCF / Net Profit | 1.46× | 2.40× |
| TTM Free Cash FlowTrailing 4 quarters | $420.6M | $239.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $172.0M | $68.9M | ||
| Q3 25 | $40.4M | $109.9M | ||
| Q2 25 | $50.9M | $73.7M | ||
| Q1 25 | $157.9M | $24.1M | ||
| Q4 24 | $372.8M | $34.2M | ||
| Q3 24 | $112.8M | $72.1M | ||
| Q2 24 | $75.9M | $36.2M | ||
| Q1 24 | $147.0M | $10.5M |
| Q4 25 | $171.6M | $63.0M | ||
| Q3 25 | $40.4M | $97.8M | ||
| Q2 25 | $50.9M | $64.9M | ||
| Q1 25 | $157.7M | $14.0M | ||
| Q4 24 | $371.3M | $29.0M | ||
| Q3 24 | $112.4M | $60.9M | ||
| Q2 24 | $75.2M | $27.6M | ||
| Q1 24 | $146.9M | $2.0M |
| Q4 25 | 51.2% | 21.7% | ||
| Q3 25 | 13.4% | 34.1% | ||
| Q2 25 | 18.0% | 21.9% | ||
| Q1 25 | 56.9% | 5.3% | ||
| Q4 24 | 125.0% | 11.7% | ||
| Q3 24 | 40.2% | 20.4% | ||
| Q2 24 | 27.8% | 10.6% | ||
| Q1 24 | 55.6% | 0.8% |
| Q4 25 | 0.1% | 2.0% | ||
| Q3 25 | 0.0% | 4.2% | ||
| Q2 25 | 0.0% | 3.0% | ||
| Q1 25 | 0.1% | 3.8% | ||
| Q4 24 | 0.5% | 2.1% | ||
| Q3 24 | 0.1% | 3.8% | ||
| Q2 24 | 0.2% | 3.3% | ||
| Q1 24 | 0.0% | 3.4% |
| Q4 25 | 1.46× | 2.40× | ||
| Q3 25 | 0.60× | 0.50× | ||
| Q2 25 | 0.75× | 2.83× | ||
| Q1 25 | 2.58× | 0.78× | ||
| Q4 24 | 4.26× | 1.46× | ||
| Q3 24 | 1.54× | 2.10× | ||
| Q2 24 | 1.32× | 1.24× | ||
| Q1 24 | 2.47× | 0.45× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APAM
Segment breakdown not available.
ESE
| US Government | $98.0M | 34% |
| Utility Solutions Group | $87.5M | 30% |
| RF Shielding And Test | $58.3M | 20% |
| Commercial | $45.8M | 16% |
| Related Party | $1.3M | 0% |
