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Artisan Partners Asset Management Inc.（APAM）与Asana, Inc.（ASAN）财务数据对比。点击上方公司名可切换其他公司
Artisan Partners Asset Management Inc.的季度营收约是Asana, Inc.的1.7倍（$335.5M vs $201.0M），Artisan Partners Asset Management Inc.净利率更高（35.2% vs -34.0%，领先69.2%），Artisan Partners Asset Management Inc.同比增速更快（12.9% vs 9.3%），Artisan Partners Asset Management Inc.自由现金流更多（$171.6M vs $15.5M），过去两年Artisan Partners Asset Management Inc.的营收复合增速更高（12.7% vs 8.4%）
阿蒂森伙伴资产管理公司（Artisan Partners）是总部位于美国威斯康星州密尔沃基的资产管理机构，除美国本土外，还在都柏林、香港、伦敦、新加坡、悉尼设有办公室，为全球客户提供专业的资产管理服务。
Asana是一家总部位于美国旧金山的软件企业，由达斯汀·莫斯科维茨和贾斯汀·罗森斯坦于2008年创立，核心产品是同名工作管理平台，支持网页端与移动端使用，可帮助团队梳理、跟踪及统筹各类工作事项，2012年4月正式商业化推出，2020年9月直接上市，当时估值达55亿美元。
APAM vs ASAN — 直观对比
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $335.5M | $201.0M |
| 净利润 | $118.1M | $-68.4M |
| 毛利率 | — | 88.9% |
| 营业利润率 | 39.2% | -34.8% |
| 净利率 | 35.2% | -34.0% |
| 营收同比 | 12.9% | 9.3% |
| 净利润同比 | 34.9% | -19.4% |
| 每股收益（稀释后） | $1.36 | $-0.29 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
| Q4 25 | $335.5M | $201.0M | ||
| Q3 25 | $301.3M | $196.9M | ||
| Q2 25 | $282.7M | $187.3M | ||
| Q1 25 | $277.1M | $188.3M | ||
| Q4 24 | $297.1M | $183.9M | ||
| Q3 24 | $279.6M | $179.2M | ||
| Q2 24 | $270.8M | $172.4M | ||
| Q1 24 | $264.4M | $171.1M |
| Q4 25 | $118.1M | $-68.4M | ||
| Q3 25 | $66.8M | $-48.4M | ||
| Q2 25 | $67.6M | $-40.0M | ||
| Q1 25 | $61.1M | $-62.3M | ||
| Q4 24 | $87.5M | $-57.3M | ||
| Q3 24 | $73.0M | $-72.2M | ||
| Q2 24 | $57.6M | $-63.7M | ||
| Q1 24 | $59.5M | $-62.4M |
| Q4 25 | — | 88.9% | ||
| Q3 25 | — | 89.7% | ||
| Q2 25 | — | 89.7% | ||
| Q1 25 | — | 89.6% | ||
| Q4 24 | — | 89.2% | ||
| Q3 24 | — | 88.8% | ||
| Q2 24 | — | 89.7% | ||
| Q1 24 | — | 89.8% |
| Q4 25 | 39.2% | -34.8% | ||
| Q3 25 | 33.8% | -25.1% | ||
| Q2 25 | 28.2% | -23.4% | ||
| Q1 25 | 31.2% | -33.8% | ||
| Q4 24 | 36.7% | -32.7% | ||
| Q3 24 | 33.3% | -42.9% | ||
| Q2 24 | 32.0% | -38.4% | ||
| Q1 24 | 29.4% | -39.7% |
| Q4 25 | 35.2% | -34.0% | ||
| Q3 25 | 22.2% | -24.6% | ||
| Q2 25 | 23.9% | -21.4% | ||
| Q1 25 | 22.1% | -33.1% | ||
| Q4 24 | 29.5% | -31.2% | ||
| Q3 24 | 26.1% | -40.3% | ||
| Q2 24 | 21.3% | -37.0% | ||
| Q1 24 | 22.5% | -36.5% |
| Q4 25 | $1.36 | $-0.29 | ||
| Q3 25 | $0.93 | $-0.20 | ||
| Q2 25 | $0.94 | $-0.17 | ||
| Q1 25 | $0.82 | $-0.27 | ||
| Q4 24 | $0.99 | $-0.25 | ||
| Q3 24 | $1.03 | $-0.31 | ||
| Q2 24 | $0.80 | $-0.28 | ||
| Q1 24 | $0.84 | $-0.28 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $183.5M |
| 总债务越低越好 | $190.0M | — |
| 股东权益账面价值 | $438.8M | $188.4M |
| 总资产 | $1.6B | $840.4M |
| 负债/权益比越低杠杆越低 | 0.43× | — |
8季度趋势，按日历期对齐
| Q4 25 | — | $183.5M | ||
| Q3 25 | — | $184.1M | ||
| Q2 25 | — | $193.8M | ||
| Q1 25 | — | $184.7M | ||
| Q4 24 | — | $196.8M | ||
| Q3 24 | — | $219.4M | ||
| Q2 24 | — | $222.0M | ||
| Q1 24 | — | $236.7M |
| 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 | — |
| Q4 25 | $438.8M | $188.4M | ||
| Q3 25 | $402.1M | $224.6M | ||
| Q2 25 | $381.8M | $236.3M | ||
| Q1 25 | $356.5M | $227.5M | ||
| Q4 24 | $388.9M | $239.3M | ||
| Q3 24 | $372.1M | $291.9M | ||
| Q2 24 | $341.2M | $319.9M | ||
| Q1 24 | $320.3M | $326.4M |
| Q4 25 | $1.6B | $840.4M | ||
| Q3 25 | $1.6B | $883.2M | ||
| Q2 25 | $1.4B | $877.1M | ||
| Q1 25 | $1.4B | $891.4M | ||
| Q4 24 | $1.6B | $874.2M | ||
| Q3 24 | $1.6B | $945.4M | ||
| Q2 24 | $1.5B | $978.2M | ||
| Q1 24 | $1.5B | $962.0M |
| 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× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $172.0M | $16.2M |
| 自由现金流经营现金流 - 资本支出 | $171.6M | $15.5M |
| 自由现金流率自由现金流/营收 | 51.2% | 7.7% |
| 资本支出强度资本支出/营收 | 0.1% | 0.3% |
| 现金转化率经营现金流/净利润 | 1.46× | — |
| 过去12个月自由现金流最近4个季度 | $420.6M | $74.5M |
8季度趋势，按日历期对齐
| Q4 25 | $172.0M | $16.2M | ||
| Q3 25 | $40.4M | $39.8M | ||
| Q2 25 | $50.9M | $6.8M | ||
| Q1 25 | $157.9M | $15.9M | ||
| Q4 24 | $372.8M | $-14.9M | ||
| Q3 24 | $112.8M | $15.9M | ||
| Q2 24 | $75.9M | $-1.9M | ||
| Q1 24 | $147.0M | $-15.3M |
| Q4 25 | $171.6M | $15.5M | ||
| Q3 25 | $40.4M | $38.5M | ||
| Q2 25 | $50.9M | $6.1M | ||
| Q1 25 | $157.7M | $14.3M | ||
| Q4 24 | $371.3M | $-16.3M | ||
| Q3 24 | $112.4M | $14.2M | ||
| Q2 24 | $75.2M | $-2.9M | ||
| Q1 24 | $146.9M | $-15.8M |
| Q4 25 | 51.2% | 7.7% | ||
| Q3 25 | 13.4% | 19.6% | ||
| Q2 25 | 18.0% | 3.3% | ||
| Q1 25 | 56.9% | 7.6% | ||
| Q4 24 | 125.0% | -8.8% | ||
| Q3 24 | 40.2% | 7.9% | ||
| Q2 24 | 27.8% | -1.7% | ||
| Q1 24 | 55.6% | -9.3% |
| Q4 25 | 0.1% | 0.3% | ||
| Q3 25 | 0.0% | 0.7% | ||
| Q2 25 | 0.0% | 0.3% | ||
| Q1 25 | 0.1% | 0.8% | ||
| Q4 24 | 0.5% | 0.7% | ||
| Q3 24 | 0.1% | 0.9% | ||
| Q2 24 | 0.2% | 0.6% | ||
| Q1 24 | 0.0% | 0.3% |
| Q4 25 | 1.46× | — | ||
| 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× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
APAM
暂无分部数据
ASAN
| US | $118.5M | 59% |
| Non Us | $82.5M | 41% |
