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Side-by-side financial comparison of Artisan Partners Asset Management Inc. (APAM) and POWER SOLUTIONS INTERNATIONAL, INC. (PSIX). 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 $191.2M, roughly 1.8× POWER SOLUTIONS INTERNATIONAL, INC.). Artisan Partners Asset Management Inc. runs the higher net margin — 35.2% vs 8.4%, a 26.8% gap on every dollar of revenue. On growth, POWER SOLUTIONS INTERNATIONAL, INC. posted the faster year-over-year revenue change (32.5% vs 12.9%). Artisan Partners Asset Management Inc. produced more free cash flow last quarter ($171.6M vs $-7.6M). Over the past eight quarters, POWER SOLUTIONS INTERNATIONAL, INC.'s revenue compounded faster (41.7% CAGR vs 12.7%).

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.

Adani Energy Solutions Ltd, formerly known as Adani Transmission Ltd, is an electric power transmission and distribution company headquartered in Ahmedabad. As of April 2025, the company operates a cumulative transmission network of 26,696 circuit kilometers and is one of the largest private sector power transmission companies operating in India.

APAM vs PSIX — Head-to-Head

Bigger by revenue
APAM
APAM
1.8× larger
APAM
$335.5M
$191.2M
PSIX
Growing faster (revenue YoY)
PSIX
PSIX
+19.6% gap
PSIX
32.5%
12.9%
APAM
Higher net margin
APAM
APAM
26.8% more per $
APAM
35.2%
8.4%
PSIX
More free cash flow
APAM
APAM
$179.2M more FCF
APAM
$171.6M
$-7.6M
PSIX
Faster 2-yr revenue CAGR
PSIX
PSIX
Annualised
PSIX
41.7%
12.7%
APAM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
APAM
APAM
PSIX
PSIX
Revenue
$335.5M
$191.2M
Net Profit
$118.1M
$16.1M
Gross Margin
21.9%
Operating Margin
39.2%
12.7%
Net Margin
35.2%
8.4%
Revenue YoY
12.9%
32.5%
Net Profit YoY
34.9%
-31.0%
EPS (diluted)
$1.36
$0.69

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
PSIX
PSIX
Q4 25
$335.5M
$191.2M
Q3 25
$301.3M
$203.8M
Q2 25
$282.7M
$191.9M
Q1 25
$277.1M
$135.4M
Q4 24
$297.1M
$144.3M
Q3 24
$279.6M
$125.8M
Q2 24
$270.8M
$110.6M
Q1 24
$264.4M
$95.2M
Net Profit
APAM
APAM
PSIX
PSIX
Q4 25
$118.1M
$16.1M
Q3 25
$66.8M
$27.6M
Q2 25
$67.6M
$51.2M
Q1 25
$61.1M
$19.1M
Q4 24
$87.5M
$23.3M
Q3 24
$73.0M
$17.3M
Q2 24
$57.6M
$21.5M
Q1 24
$59.5M
$7.1M
Gross Margin
APAM
APAM
PSIX
PSIX
Q4 25
21.9%
Q3 25
23.9%
Q2 25
28.2%
Q1 25
29.7%
Q4 24
29.9%
Q3 24
28.9%
Q2 24
31.8%
Q1 24
27.0%
Operating Margin
APAM
APAM
PSIX
PSIX
Q4 25
39.2%
12.7%
Q3 25
33.8%
13.9%
Q2 25
28.2%
16.9%
Q1 25
31.2%
18.2%
Q4 24
36.7%
17.5%
Q3 24
33.3%
16.3%
Q2 24
32.0%
22.9%
Q1 24
29.4%
11.2%
Net Margin
APAM
APAM
PSIX
PSIX
Q4 25
35.2%
8.4%
Q3 25
22.2%
13.5%
Q2 25
23.9%
26.7%
Q1 25
22.1%
14.1%
Q4 24
29.5%
16.1%
Q3 24
26.1%
13.8%
Q2 24
21.3%
19.5%
Q1 24
22.5%
7.5%
EPS (diluted)
APAM
APAM
PSIX
PSIX
Q4 25
$1.36
$0.69
Q3 25
$0.93
$1.20
Q2 25
$0.94
$2.22
Q1 25
$0.82
$0.83
Q4 24
$0.99
$1.01
Q3 24
$1.03
$0.75
Q2 24
$0.80
$0.94
Q1 24
$0.84
$0.31

Balance Sheet & Financial Strength

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

Metric
APAM
APAM
PSIX
PSIX
Cash + ST InvestmentsLiquidity on hand
$41.3M
Total DebtLower is stronger
$190.0M
$96.6M
Stockholders' EquityBook value
$438.8M
$178.6M
Total Assets
$1.6B
$424.7M
Debt / EquityLower = less leverage
0.43×
0.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APAM
APAM
PSIX
PSIX
Q4 25
$41.3M
Q3 25
$49.0M
Q2 25
$49.5M
Q1 25
$50.0M
Q4 24
$55.3M
Q3 24
$40.5M
Q2 24
$28.8M
Q1 24
$33.1M
Total Debt
APAM
APAM
PSIX
PSIX
Q4 25
$190.0M
$96.6M
Q3 25
$190.0M
$96.7M
Q2 25
$200.0M
$1.8M
Q1 25
$200.0M
$1.0M
Q4 24
$200.0M
$184.0K
Q3 24
$200.0M
$238.0K
Q2 24
$200.0M
$292.0K
Q1 24
$200.0M
$345.0K
Stockholders' Equity
APAM
APAM
PSIX
PSIX
Q4 25
$438.8M
$178.6M
Q3 25
$402.1M
$162.5M
Q2 25
$381.8M
$135.7M
Q1 25
$356.5M
$84.3M
Q4 24
$388.9M
$65.3M
Q3 24
$372.1M
$42.1M
Q2 24
$341.2M
$24.8M
Q1 24
$320.3M
$3.2M
Total Assets
APAM
APAM
PSIX
PSIX
Q4 25
$1.6B
$424.7M
Q3 25
$1.6B
$458.9M
Q2 25
$1.4B
$437.7M
Q1 25
$1.4B
$372.7M
Q4 24
$1.6B
$328.2M
Q3 24
$1.6B
$339.1M
Q2 24
$1.5B
$307.6M
Q1 24
$1.5B
$286.8M
Debt / Equity
APAM
APAM
PSIX
PSIX
Q4 25
0.43×
0.54×
Q3 25
0.47×
0.60×
Q2 25
0.52×
0.01×
Q1 25
0.56×
0.01×
Q4 24
0.51×
0.00×
Q3 24
0.54×
0.01×
Q2 24
0.59×
0.01×
Q1 24
0.62×
0.11×

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
PSIX
PSIX
Operating Cash FlowLast quarter
$172.0M
$-4.6M
Free Cash FlowOCF − Capex
$171.6M
$-7.6M
FCF MarginFCF / Revenue
51.2%
-4.0%
Capex IntensityCapex / Revenue
0.1%
1.6%
Cash ConversionOCF / Net Profit
1.46×
-0.29×
TTM Free Cash FlowTrailing 4 quarters
$420.6M
$14.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APAM
APAM
PSIX
PSIX
Q4 25
$172.0M
$-4.6M
Q3 25
$40.4M
$3.3M
Q2 25
$50.9M
$16.7M
Q1 25
$157.9M
$8.8M
Q4 24
$372.8M
$32.7M
Q3 24
$112.8M
$12.6M
Q2 24
$75.9M
$1.5M
Q1 24
$147.0M
$15.6M
Free Cash Flow
APAM
APAM
PSIX
PSIX
Q4 25
$171.6M
$-7.6M
Q3 25
$40.4M
$1.7M
Q2 25
$50.9M
$14.6M
Q1 25
$157.7M
$5.4M
Q4 24
$371.3M
$30.0M
Q3 24
$112.4M
$12.1M
Q2 24
$75.2M
$822.0K
Q1 24
$146.9M
$14.8M
FCF Margin
APAM
APAM
PSIX
PSIX
Q4 25
51.2%
-4.0%
Q3 25
13.4%
0.8%
Q2 25
18.0%
7.6%
Q1 25
56.9%
4.0%
Q4 24
125.0%
20.8%
Q3 24
40.2%
9.7%
Q2 24
27.8%
0.7%
Q1 24
55.6%
15.6%
Capex Intensity
APAM
APAM
PSIX
PSIX
Q4 25
0.1%
1.6%
Q3 25
0.0%
0.8%
Q2 25
0.0%
1.1%
Q1 25
0.1%
2.5%
Q4 24
0.5%
1.8%
Q3 24
0.1%
0.3%
Q2 24
0.2%
0.6%
Q1 24
0.0%
0.9%
Cash Conversion
APAM
APAM
PSIX
PSIX
Q4 25
1.46×
-0.29×
Q3 25
0.60×
0.12×
Q2 25
0.75×
0.33×
Q1 25
2.58×
0.46×
Q4 24
4.26×
1.40×
Q3 24
1.54×
0.73×
Q2 24
1.32×
0.07×
Q1 24
2.47×
2.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

APAM
APAM

Segment breakdown not available.

PSIX
PSIX

Energy End Market$153.4M80%
Industrial End Market$33.3M17%
Transportation End Market$4.6M2%

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