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Artisan Partners Asset Management Inc.（APAM）与布鲁克菲尔德资产管理（BAM）财务数据对比。点击上方公司名可切换其他公司
布鲁克菲尔德资产管理的季度营收约是Artisan Partners Asset Management Inc.的3.2倍（$1.1B vs $335.5M），布鲁克菲尔德资产管理净利率更高（56.7% vs 35.2%，领先21.5%）
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。
布鲁克菲尔德资产管理有限公司是加美两地的另类资产管理机构，2022年12月从布鲁克菲尔德集团的资管业务分拆成立，在全球范围内管理不动产、基础设施、可再生能源、私募股权及信贷市场等领域的投资。
APAM vs BAM — 直观对比
营收规模更大
BAM
是对方的3.2倍
$335.5M
净利率更高
BAM
高出21.5%
35.2%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $335.5M | $1.1B |
| 净利润 | $118.1M | $615.0M |
| 毛利率 | — | — |
| 营业利润率 | 39.2% | 84.2% |
| 净利率 | 35.2% | 56.7% |
| 营收同比 | 12.9% | — |
| 净利润同比 | 34.9% | — |
| 每股收益（稀释后） | $1.36 | — |
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
营收APAMBAM
| Q4 25 | $335.5M | $1.1B | ||
| Q3 25 | $301.3M | $974.0M | ||
| Q2 25 | $282.7M | $931.0M | ||
| Q1 25 | $277.1M | $954.0M | ||
| Q4 24 | $297.1M | — | ||
| Q3 24 | $279.6M | $873.0M | ||
| Q2 24 | $270.8M | $821.0M | ||
| Q1 24 | $264.4M | $786.0M |
净利润APAMBAM
| Q4 25 | $118.1M | $615.0M | ||
| Q3 25 | $66.8M | $692.0M | ||
| Q2 25 | $67.6M | $584.0M | ||
| Q1 25 | $61.1M | $507.0M | ||
| Q4 24 | $87.5M | — | ||
| Q3 24 | $73.0M | $537.0M | ||
| Q2 24 | $57.6M | $124.0M | ||
| Q1 24 | $59.5M | $373.0M |
营业利润率APAMBAM
| Q4 25 | 39.2% | 84.2% | ||
| Q3 25 | 33.8% | 79.1% | ||
| Q2 25 | 28.2% | 70.8% | ||
| Q1 25 | 31.2% | 61.0% | ||
| Q4 24 | 36.7% | — | ||
| Q3 24 | 33.3% | 72.5% | ||
| Q2 24 | 32.0% | 80.4% | ||
| Q1 24 | 29.4% | 56.5% |
净利率APAMBAM
| Q4 25 | 35.2% | 56.7% | ||
| Q3 25 | 22.2% | 71.0% | ||
| Q2 25 | 23.9% | 62.7% | ||
| Q1 25 | 22.1% | 53.1% | ||
| Q4 24 | 29.5% | — | ||
| Q3 24 | 26.1% | 61.5% | ||
| Q2 24 | 21.3% | 15.1% | ||
| Q1 24 | 22.5% | 47.5% |
每股收益（稀释后）APAMBAM
| Q4 25 | $1.36 | — | ||
| Q3 25 | $0.93 | — | ||
| Q2 25 | $0.94 | — | ||
| Q1 25 | $0.82 | — | ||
| Q4 24 | $0.99 | — | ||
| Q3 24 | $1.03 | — | ||
| Q2 24 | $0.80 | — | ||
| Q1 24 | $0.84 | — |
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 | — | $1.6B |
| 总债务越低越好 | $190.0M | — |
| 股东权益账面价值 | $438.8M | $8.9B |
| 总资产 | $1.6B | $17.0B |
| 负债/权益比越低杠杆越低 | 0.43× | — |
8季度趋势，按日历期对齐
现金及短期投资APAMBAM
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $480.0M | ||
| Q1 25 | — | $332.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | $10.0M | ||
| Q1 24 | — | — |
总债务APAMBAM
| 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 | — |
股东权益APAMBAM
| Q4 25 | $438.8M | $8.9B | ||
| Q3 25 | $402.1M | $8.5B | ||
| Q2 25 | $381.8M | $8.5B | ||
| Q1 25 | $356.5M | $8.5B | ||
| Q4 24 | $388.9M | — | ||
| Q3 24 | $372.1M | $9.0B | ||
| Q2 24 | $341.2M | $3.2B | ||
| Q1 24 | $320.3M | $2.2B |
总资产APAMBAM
| Q4 25 | $1.6B | $17.0B | ||
| Q3 25 | $1.6B | $16.5B | ||
| Q2 25 | $1.4B | $16.1B | ||
| Q1 25 | $1.4B | $15.0B | ||
| Q4 24 | $1.6B | — | ||
| Q3 24 | $1.6B | — | ||
| Q2 24 | $1.5B | $4.2B | ||
| Q1 24 | $1.5B | — |
负债/权益比APAMBAM
| 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 | $562.0M |
| 自由现金流经营现金流 - 资本支出 | $171.6M | — |
| 自由现金流率自由现金流/营收 | 51.2% | — |
| 资本支出强度资本支出/营收 | 0.1% | — |
| 现金转化率经营现金流/净利润 | 1.46× | 0.91× |
| 过去12个月自由现金流最近4个季度 | $420.6M | — |
8季度趋势，按日历期对齐
经营现金流APAMBAM
| Q4 25 | $172.0M | $562.0M | ||
| Q3 25 | $40.4M | $745.0M | ||
| Q2 25 | $50.9M | $529.0M | ||
| Q1 25 | $157.9M | $265.0M | ||
| Q4 24 | $372.8M | — | ||
| Q3 24 | $112.8M | $567.0M | ||
| Q2 24 | $75.9M | $159.0M | ||
| Q1 24 | $147.0M | $516.0M |
自由现金流APAMBAM
| Q4 25 | $171.6M | — | ||
| Q3 25 | $40.4M | — | ||
| Q2 25 | $50.9M | — | ||
| Q1 25 | $157.7M | — | ||
| Q4 24 | $371.3M | — | ||
| Q3 24 | $112.4M | — | ||
| Q2 24 | $75.2M | — | ||
| Q1 24 | $146.9M | — |
自由现金流率APAMBAM
| Q4 25 | 51.2% | — | ||
| Q3 25 | 13.4% | — | ||
| Q2 25 | 18.0% | — | ||
| Q1 25 | 56.9% | — | ||
| Q4 24 | 125.0% | — | ||
| Q3 24 | 40.2% | — | ||
| Q2 24 | 27.8% | — | ||
| Q1 24 | 55.6% | — |
资本支出强度APAMBAM
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.5% | — | ||
| Q3 24 | 0.1% | — | ||
| Q2 24 | 0.2% | — | ||
| Q1 24 | 0.0% | — |
现金转化率APAMBAM
| Q4 25 | 1.46× | 0.91× | ||
| Q3 25 | 0.60× | 1.08× | ||
| Q2 25 | 0.75× | 0.91× | ||
| Q1 25 | 2.58× | 0.52× | ||
| Q4 24 | 4.26× | — | ||
| Q3 24 | 1.54× | 1.06× | ||
| Q2 24 | 1.32× | 1.28× | ||
| Q1 24 | 2.47× | 1.38× |
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
BAM
| Incentive Fees | $452.0M | 42% |
| Infrastruture | $332.0M | 31% |
| Private Equity | $174.0M | 16% |
| Renewable Power And Transition | $66.0M | 6% |
| Other | $47.0M | 4% |
| Management And Advisory Fees | $14.0M | 1% |
