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Side-by-side financial comparison of Artisan Partners Asset Management Inc. (APAM) and Kyivstar Group Ltd. (KYIV). 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 $321.0M, roughly 1.0× Kyivstar Group Ltd.). Artisan Partners Asset Management Inc. runs the higher net margin — 35.2% vs 28.0%, a 7.2% gap on every dollar of revenue. Kyivstar Group Ltd. produced more free cash flow last quarter ($311.0M vs $171.6M).

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.

Kyivstar is a Ukrainian telecommunications operator offering fixed and mobile voice and data services, including 4G LTE, throughout Ukraine. The Kyivstar mobile network covers all cities of Ukraine, as well as more than 28,000 rural settlements, all major national and regional routes, most sea, and river coasts. As of 2024, Kyivstar served approximately 24 million mobile subscribers and over 1 million fixed-broadband customers. In 2024, Kyivstar partnered with Starlink to offer satellite-base...

APAM vs KYIV — Head-to-Head

Bigger by revenue
APAM
APAM
1.0× larger
APAM
$335.5M
$321.0M
KYIV
Higher net margin
APAM
APAM
7.2% more per $
APAM
35.2%
28.0%
KYIV
More free cash flow
KYIV
KYIV
$139.4M more FCF
KYIV
$311.0M
$171.6M
APAM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APAM
APAM
KYIV
KYIV
Revenue
$335.5M
$321.0M
Net Profit
$118.1M
$90.0M
Gross Margin
Operating Margin
39.2%
35.5%
Net Margin
35.2%
28.0%
Revenue YoY
12.9%
Net Profit YoY
34.9%
EPS (diluted)
$1.36
$0.41

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
APAM
APAM
KYIV
KYIV
Q4 25
$335.5M
$321.0M
Q3 25
$301.3M
$297.0M
Q2 25
$282.7M
Q1 25
$277.1M
Q4 24
$297.1M
Q3 24
$279.6M
Q2 24
$270.8M
Q1 24
$264.4M
Net Profit
APAM
APAM
KYIV
KYIV
Q4 25
$118.1M
$90.0M
Q3 25
$66.8M
$-89.0M
Q2 25
$67.6M
Q1 25
$61.1M
Q4 24
$87.5M
Q3 24
$73.0M
Q2 24
$57.6M
Q1 24
$59.5M
Gross Margin
APAM
APAM
KYIV
KYIV
Q4 25
Q3 25
45.5%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
APAM
APAM
KYIV
KYIV
Q4 25
39.2%
35.5%
Q3 25
33.8%
-16.2%
Q2 25
28.2%
Q1 25
31.2%
Q4 24
36.7%
Q3 24
33.3%
Q2 24
32.0%
Q1 24
29.4%
Net Margin
APAM
APAM
KYIV
KYIV
Q4 25
35.2%
28.0%
Q3 25
22.2%
-30.0%
Q2 25
23.9%
Q1 25
22.1%
Q4 24
29.5%
Q3 24
26.1%
Q2 24
21.3%
Q1 24
22.5%
EPS (diluted)
APAM
APAM
KYIV
KYIV
Q4 25
$1.36
$0.41
Q3 25
$0.93
$-0.41
Q2 25
$0.94
Q1 25
$0.82
Q4 24
$0.99
Q3 24
$1.03
Q2 24
$0.80
Q1 24
$0.84

Balance Sheet & Financial Strength

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

Metric
APAM
APAM
KYIV
KYIV
Cash + ST InvestmentsLiquidity on hand
$455.0M
Total DebtLower is stronger
$190.0M
Stockholders' EquityBook value
$438.8M
$1.3B
Total Assets
$1.6B
$2.1B
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APAM
APAM
KYIV
KYIV
Q4 25
$455.0M
Q3 25
$472.0M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Total Debt
APAM
APAM
KYIV
KYIV
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
APAM
APAM
KYIV
KYIV
Q4 25
$438.8M
$1.3B
Q3 25
$402.1M
$1.2B
Q2 25
$381.8M
Q1 25
$356.5M
Q4 24
$388.9M
Q3 24
$372.1M
Q2 24
$341.2M
Q1 24
$320.3M
Total Assets
APAM
APAM
KYIV
KYIV
Q4 25
$1.6B
$2.1B
Q3 25
$1.6B
$2.0B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.6B
Q3 24
$1.6B
Q2 24
$1.5B
Q1 24
$1.5B
Debt / Equity
APAM
APAM
KYIV
KYIV
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
APAM
APAM
KYIV
KYIV
Operating Cash FlowLast quarter
$172.0M
$558.0M
Free Cash FlowOCF − Capex
$171.6M
$311.0M
FCF MarginFCF / Revenue
51.2%
96.9%
Capex IntensityCapex / Revenue
0.1%
76.9%
Cash ConversionOCF / Net Profit
1.46×
6.20×
TTM Free Cash FlowTrailing 4 quarters
$420.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APAM
APAM
KYIV
KYIV
Q4 25
$172.0M
$558.0M
Q3 25
$40.4M
$406.0M
Q2 25
$50.9M
Q1 25
$157.9M
Q4 24
$372.8M
Q3 24
$112.8M
Q2 24
$75.9M
Q1 24
$147.0M
Free Cash Flow
APAM
APAM
KYIV
KYIV
Q4 25
$171.6M
$311.0M
Q3 25
$40.4M
$250.0M
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
APAM
APAM
KYIV
KYIV
Q4 25
51.2%
96.9%
Q3 25
13.4%
84.2%
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
APAM
APAM
KYIV
KYIV
Q4 25
0.1%
76.9%
Q3 25
0.0%
52.5%
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
APAM
APAM
KYIV
KYIV
Q4 25
1.46×
6.20×
Q3 25
0.60×
Q2 25
0.75×
Q1 25
2.58×
Q4 24
4.26×
Q3 24
1.54×
Q2 24
1.32×
Q1 24
2.47×

Financial Flow Comparison

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

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