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Side-by-side financial comparison of Artisan Partners Asset Management Inc. (APAM) and Enpro Inc. (NPO). 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 $295.4M, roughly 1.1× Enpro Inc.). Artisan Partners Asset Management Inc. runs the higher net margin — 35.2% vs -10.8%, a 46.0% gap on every dollar of revenue. On growth, Enpro Inc. posted the faster year-over-year revenue change (14.3% vs 12.9%). Over the past eight quarters, Artisan Partners Asset Management Inc.'s revenue compounded faster (12.7% CAGR vs 7.1%).

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.

Enpro is a US-based industrial technology company that designs and manufactures products and materials for technology-intensive sectors. The company serves industries such as semiconductors, aerospace, power generation, heavy-duty trucking, agricultural machinery, chemical processing, pulp and paper, and life sciences from 61 primary manufacturing facilities located in 12 countries, worldwide. It is organized under three segments: Sealing Technologies, Advanced Surface Technologies, and Engin...

APAM vs NPO — Head-to-Head

Bigger by revenue
APAM
APAM
1.1× larger
APAM
$335.5M
$295.4M
NPO
Growing faster (revenue YoY)
NPO
NPO
+1.4% gap
NPO
14.3%
12.9%
APAM
Higher net margin
APAM
APAM
46.0% more per $
APAM
35.2%
-10.8%
NPO
Faster 2-yr revenue CAGR
APAM
APAM
Annualised
APAM
12.7%
7.1%
NPO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APAM
APAM
NPO
NPO
Revenue
$335.5M
$295.4M
Net Profit
$118.1M
$-32.0M
Gross Margin
42.1%
Operating Margin
39.2%
11.2%
Net Margin
35.2%
-10.8%
Revenue YoY
12.9%
14.3%
Net Profit YoY
34.9%
-330.2%
EPS (diluted)
$1.36
$-1.50

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
NPO
NPO
Q4 25
$335.5M
$295.4M
Q3 25
$301.3M
$286.6M
Q2 25
$282.7M
$288.1M
Q1 25
$277.1M
$273.2M
Q4 24
$297.1M
$258.4M
Q3 24
$279.6M
$260.9M
Q2 24
$270.8M
$271.9M
Q1 24
$264.4M
$257.5M
Net Profit
APAM
APAM
NPO
NPO
Q4 25
$118.1M
$-32.0M
Q3 25
$66.8M
$21.6M
Q2 25
$67.6M
$26.4M
Q1 25
$61.1M
$24.5M
Q4 24
$87.5M
$13.9M
Q3 24
$73.0M
$19.8M
Q2 24
$57.6M
$26.7M
Q1 24
$59.5M
$12.5M
Gross Margin
APAM
APAM
NPO
NPO
Q4 25
42.1%
Q3 25
41.9%
Q2 25
43.3%
Q1 25
43.3%
Q4 24
42.3%
Q3 24
42.3%
Q2 24
43.8%
Q1 24
41.2%
Operating Margin
APAM
APAM
NPO
NPO
Q4 25
39.2%
11.2%
Q3 25
33.8%
14.3%
Q2 25
28.2%
15.9%
Q1 25
31.2%
15.3%
Q4 24
36.7%
12.5%
Q3 24
33.3%
13.1%
Q2 24
32.0%
17.7%
Q1 24
29.4%
10.9%
Net Margin
APAM
APAM
NPO
NPO
Q4 25
35.2%
-10.8%
Q3 25
22.2%
7.5%
Q2 25
23.9%
9.2%
Q1 25
22.1%
9.0%
Q4 24
29.5%
5.4%
Q3 24
26.1%
7.6%
Q2 24
21.3%
9.8%
Q1 24
22.5%
4.9%
EPS (diluted)
APAM
APAM
NPO
NPO
Q4 25
$1.36
$-1.50
Q3 25
$0.93
$1.01
Q2 25
$0.94
$1.25
Q1 25
$0.82
$1.15
Q4 24
$0.99
$0.65
Q3 24
$1.03
$0.94
Q2 24
$0.80
$1.27
Q1 24
$0.84
$0.59

Balance Sheet & Financial Strength

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

Metric
APAM
APAM
NPO
NPO
Cash + ST InvestmentsLiquidity on hand
$114.7M
Total DebtLower is stronger
$190.0M
$655.3M
Stockholders' EquityBook value
$438.8M
$1.5B
Total Assets
$1.6B
$2.7B
Debt / EquityLower = less leverage
0.43×
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APAM
APAM
NPO
NPO
Q4 25
$114.7M
Q3 25
$132.9M
Q2 25
$107.1M
Q1 25
$240.3M
Q4 24
$236.3M
Q3 24
$206.9M
Q2 24
$175.9M
Q1 24
$163.9M
Total Debt
APAM
APAM
NPO
NPO
Q4 25
$190.0M
$655.3M
Q3 25
$190.0M
Q2 25
$200.0M
Q1 25
$200.0M
Q4 24
$200.0M
$640.1M
Q3 24
$200.0M
Q2 24
$200.0M
Q1 24
$200.0M
$644.9M
Stockholders' Equity
APAM
APAM
NPO
NPO
Q4 25
$438.8M
$1.5B
Q3 25
$402.1M
$1.5B
Q2 25
$381.8M
$1.5B
Q1 25
$356.5M
$1.5B
Q4 24
$388.9M
$1.4B
Q3 24
$372.1M
$1.5B
Q2 24
$341.2M
$1.4B
Q1 24
$320.3M
$1.4B
Total Assets
APAM
APAM
NPO
NPO
Q4 25
$1.6B
$2.7B
Q3 25
$1.6B
$2.4B
Q2 25
$1.4B
$2.4B
Q1 25
$1.4B
$2.5B
Q4 24
$1.6B
$2.5B
Q3 24
$1.6B
$2.5B
Q2 24
$1.5B
$2.5B
Q1 24
$1.5B
$2.5B
Debt / Equity
APAM
APAM
NPO
NPO
Q4 25
0.43×
0.42×
Q3 25
0.47×
Q2 25
0.52×
Q1 25
0.56×
Q4 24
0.51×
0.45×
Q3 24
0.54×
Q2 24
0.59×
Q1 24
0.62×
0.46×

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
NPO
NPO
Operating Cash FlowLast quarter
$172.0M
Free Cash FlowOCF − Capex
$171.6M
FCF MarginFCF / Revenue
51.2%
Capex IntensityCapex / Revenue
0.1%
4.1%
Cash ConversionOCF / Net Profit
1.46×
TTM Free Cash FlowTrailing 4 quarters
$420.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APAM
APAM
NPO
NPO
Q4 25
$172.0M
Q3 25
$40.4M
$65.3M
Q2 25
$50.9M
$52.2M
Q1 25
$157.9M
$21.0M
Q4 24
$372.8M
$59.4M
Q3 24
$112.8M
$54.0M
Q2 24
$75.9M
$43.2M
Q1 24
$147.0M
$6.3M
Free Cash Flow
APAM
APAM
NPO
NPO
Q4 25
$171.6M
Q3 25
$40.4M
$53.4M
Q2 25
$50.9M
$42.3M
Q1 25
$157.7M
$13.0M
Q4 24
$371.3M
$49.1M
Q3 24
$112.4M
$48.3M
Q2 24
$75.2M
$38.3M
Q1 24
$146.9M
$-1.9M
FCF Margin
APAM
APAM
NPO
NPO
Q4 25
51.2%
Q3 25
13.4%
18.6%
Q2 25
18.0%
14.7%
Q1 25
56.9%
4.8%
Q4 24
125.0%
19.0%
Q3 24
40.2%
18.5%
Q2 24
27.8%
14.1%
Q1 24
55.6%
-0.7%
Capex Intensity
APAM
APAM
NPO
NPO
Q4 25
0.1%
4.1%
Q3 25
0.0%
4.2%
Q2 25
0.0%
3.4%
Q1 25
0.1%
2.9%
Q4 24
0.5%
4.0%
Q3 24
0.1%
2.2%
Q2 24
0.2%
1.8%
Q1 24
0.0%
3.2%
Cash Conversion
APAM
APAM
NPO
NPO
Q4 25
1.46×
Q3 25
0.60×
3.02×
Q2 25
0.75×
1.98×
Q1 25
2.58×
0.86×
Q4 24
4.26×
4.27×
Q3 24
1.54×
2.73×
Q2 24
1.32×
1.62×
Q1 24
2.47×
0.50×

Financial Flow Comparison

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

Revenue Breakdown by Segment

APAM
APAM

Segment breakdown not available.

NPO
NPO

Sealing Technologies Segment$187.0M63%
General Industrial$71.3M24%
Power Generation$19.9M7%
Oiland Gas Market$15.0M5%
Semiconductors$2.2M1%

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