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Side-by-side financial comparison of Artisan Partners Asset Management Inc. (APAM) and WYNDHAM HOTELS & RESORTS, INC. (WH). 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 $334.0M, roughly 1.0× WYNDHAM HOTELS & RESORTS, INC.). Artisan Partners Asset Management Inc. runs the higher net margin — 35.2% vs -18.0%, a 53.2% gap on every dollar of revenue. On growth, Artisan Partners Asset Management Inc. posted the faster year-over-year revenue change (12.9% vs -76.3%). Artisan Partners Asset Management Inc. produced more free cash flow last quarter ($171.6M vs $168.0M). Over the past eight quarters, Artisan Partners Asset Management Inc.'s revenue compounded faster (12.7% CAGR vs -4.6%).

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.

Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.

APAM vs WH — Head-to-Head

Bigger by revenue
APAM
APAM
1.0× larger
APAM
$335.5M
$334.0M
WH
Growing faster (revenue YoY)
APAM
APAM
+89.2% gap
APAM
12.9%
-76.3%
WH
Higher net margin
APAM
APAM
53.2% more per $
APAM
35.2%
-18.0%
WH
More free cash flow
APAM
APAM
$3.6M more FCF
APAM
$171.6M
$168.0M
WH
Faster 2-yr revenue CAGR
APAM
APAM
Annualised
APAM
12.7%
-4.6%
WH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
APAM
APAM
WH
WH
Revenue
$335.5M
$334.0M
Net Profit
$118.1M
$-60.0M
Gross Margin
Operating Margin
39.2%
Net Margin
35.2%
-18.0%
Revenue YoY
12.9%
-76.3%
Net Profit YoY
34.9%
-170.6%
EPS (diluted)
$1.36
$-0.80

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
WH
WH
Q1 26
$334.0M
Q4 25
$335.5M
$334.0M
Q3 25
$301.3M
$382.0M
Q2 25
$282.7M
$397.0M
Q1 25
$277.1M
$316.0M
Q4 24
$297.1M
$336.0M
Q3 24
$279.6M
$396.0M
Q2 24
$270.8M
$367.0M
Net Profit
APAM
APAM
WH
WH
Q1 26
$-60.0M
Q4 25
$118.1M
$-60.0M
Q3 25
$66.8M
$105.0M
Q2 25
$67.6M
$87.0M
Q1 25
$61.1M
$61.0M
Q4 24
$87.5M
$85.0M
Q3 24
$73.0M
$102.0M
Q2 24
$57.6M
$86.0M
Operating Margin
APAM
APAM
WH
WH
Q1 26
Q4 25
39.2%
-11.4%
Q3 25
33.8%
46.6%
Q2 25
28.2%
37.8%
Q1 25
31.2%
35.4%
Q4 24
36.7%
38.4%
Q3 24
33.3%
43.2%
Q2 24
32.0%
39.5%
Net Margin
APAM
APAM
WH
WH
Q1 26
-18.0%
Q4 25
35.2%
-18.0%
Q3 25
22.2%
27.5%
Q2 25
23.9%
21.9%
Q1 25
22.1%
19.3%
Q4 24
29.5%
25.3%
Q3 24
26.1%
25.8%
Q2 24
21.3%
23.4%
EPS (diluted)
APAM
APAM
WH
WH
Q1 26
$-0.80
Q4 25
$1.36
$-0.77
Q3 25
$0.93
$1.36
Q2 25
$0.94
$1.13
Q1 25
$0.82
$0.78
Q4 24
$0.99
$1.06
Q3 24
$1.03
$1.29
Q2 24
$0.80
$1.07

Balance Sheet & Financial Strength

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

Metric
APAM
APAM
WH
WH
Cash + ST InvestmentsLiquidity on hand
$64.0M
Total DebtLower is stronger
$190.0M
Stockholders' EquityBook value
$438.8M
$468.0M
Total Assets
$1.6B
$4.2B
Debt / EquityLower = less leverage
0.43×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APAM
APAM
WH
WH
Q1 26
$64.0M
Q4 25
$64.0M
Q3 25
$70.0M
Q2 25
$50.0M
Q1 25
$48.0M
Q4 24
$103.0M
Q3 24
$72.0M
Q2 24
$70.0M
Total Debt
APAM
APAM
WH
WH
Q1 26
Q4 25
$190.0M
$2.5B
Q3 25
$190.0M
$2.6B
Q2 25
$200.0M
$2.5B
Q1 25
$200.0M
$2.5B
Q4 24
$200.0M
$2.4B
Q3 24
$200.0M
$2.4B
Q2 24
$200.0M
$2.4B
Stockholders' Equity
APAM
APAM
WH
WH
Q1 26
$468.0M
Q4 25
$438.8M
$468.0M
Q3 25
$402.1M
$583.0M
Q2 25
$381.8M
$570.0M
Q1 25
$356.5M
$579.0M
Q4 24
$388.9M
$650.0M
Q3 24
$372.1M
$583.0M
Q2 24
$341.2M
$623.0M
Total Assets
APAM
APAM
WH
WH
Q1 26
$4.2B
Q4 25
$1.6B
$4.2B
Q3 25
$1.6B
$4.3B
Q2 25
$1.4B
$4.3B
Q1 25
$1.4B
$4.2B
Q4 24
$1.6B
$4.2B
Q3 24
$1.6B
$4.2B
Q2 24
$1.5B
$4.2B
Debt / Equity
APAM
APAM
WH
WH
Q1 26
Q4 25
0.43×
5.37×
Q3 25
0.47×
4.43×
Q2 25
0.52×
4.44×
Q1 25
0.56×
4.29×
Q4 24
0.51×
3.72×
Q3 24
0.54×
4.19×
Q2 24
0.59×
3.83×

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
WH
WH
Operating Cash FlowLast quarter
$172.0M
$367.0M
Free Cash FlowOCF − Capex
$171.6M
$168.0M
FCF MarginFCF / Revenue
51.2%
50.3%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
1.46×
TTM Free Cash FlowTrailing 4 quarters
$420.6M
$437.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APAM
APAM
WH
WH
Q1 26
$367.0M
Q4 25
$172.0M
$152.0M
Q3 25
$40.4M
$86.0M
Q2 25
$50.9M
$70.0M
Q1 25
$157.9M
$59.0M
Q4 24
$372.8M
$134.0M
Q3 24
$112.8M
$79.0M
Q2 24
$75.9M
$1.0M
Free Cash Flow
APAM
APAM
WH
WH
Q1 26
$168.0M
Q4 25
$171.6M
$136.0M
Q3 25
$40.4M
$75.0M
Q2 25
$50.9M
$58.0M
Q1 25
$157.7M
$52.0M
Q4 24
$371.3M
$109.0M
Q3 24
$112.4M
$71.0M
Q2 24
$75.2M
$-6.0M
FCF Margin
APAM
APAM
WH
WH
Q1 26
50.3%
Q4 25
51.2%
40.7%
Q3 25
13.4%
19.6%
Q2 25
18.0%
14.6%
Q1 25
56.9%
16.5%
Q4 24
125.0%
32.4%
Q3 24
40.2%
17.9%
Q2 24
27.8%
-1.6%
Capex Intensity
APAM
APAM
WH
WH
Q1 26
Q4 25
0.1%
4.8%
Q3 25
0.0%
2.9%
Q2 25
0.0%
3.0%
Q1 25
0.1%
2.2%
Q4 24
0.5%
7.4%
Q3 24
0.1%
2.0%
Q2 24
0.2%
1.9%
Cash Conversion
APAM
APAM
WH
WH
Q1 26
Q4 25
1.46×
Q3 25
0.60×
0.82×
Q2 25
0.75×
0.80×
Q1 25
2.58×
0.97×
Q4 24
4.26×
1.58×
Q3 24
1.54×
0.77×
Q2 24
1.32×
0.01×

Financial Flow Comparison

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

Revenue Breakdown by Segment

APAM
APAM

Segment breakdown not available.

WH
WH

Fee-related and other revenues$334.0M100%
Management and other fees$2.0M1%

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