vs
Artisan Partners Asset Management Inc.（APAM）与富兰克林邓普顿（BEN）财务数据对比。点击上方公司名可切换其他公司
富兰克林邓普顿的季度营收约是Artisan Partners Asset Management Inc.的6.9倍（$2.3B vs $335.5M），Artisan Partners Asset Management Inc.净利率更高（35.2% vs 11.0%，领先24.2%），Artisan Partners Asset Management Inc.同比增速更快（12.9% vs 3.4%），过去两年Artisan Partners Asset Management Inc.的营收复合增速更高（12.7% vs 4.0%）
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。
富兰克林资源（运营品牌为富兰克林邓普顿）是美国跨国投资管理控股集团，1947年创立于纽约，纽交所上市代码为BEN，命名源自创始人敬仰的本杰明·富兰克林，是全球知名的综合投资服务机构。
APAM vs BEN — 直观对比
营收规模更大
BEN
是对方的6.9倍
$335.5M
营收增速更快
APAM
高出9.6%
3.4%
净利率更高
APAM
高出24.2%
11.0%
两年增速更快
APAM
近两年复合增速
4.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $335.5M | $2.3B |
| 净利润 | $118.1M | $255.5M |
| 毛利率 | — | — |
| 营业利润率 | 39.2% | 12.1% |
| 净利率 | 35.2% | 11.0% |
| 营收同比 | 12.9% | 3.4% |
| 净利润同比 | 34.9% | 56.2% |
| 每股收益（稀释后） | $1.36 | $0.46 |
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APAMBEN
| Q4 25 | $335.5M | $2.3B | ||
| Q3 25 | $301.3M | $2.3B | ||
| Q2 25 | $282.7M | $2.1B | ||
| Q1 25 | $277.1M | $2.1B | ||
| Q4 24 | $297.1M | $2.3B | ||
| Q3 24 | $279.6M | $2.2B | ||
| Q2 24 | $270.8M | $2.1B | ||
| Q1 24 | $264.4M | $2.2B |
净利润APAMBEN
| Q4 25 | $118.1M | $255.5M | ||
| Q3 25 | $66.8M | $117.6M | ||
| Q2 25 | $67.6M | $92.3M | ||
| Q1 25 | $61.1M | $151.4M | ||
| Q4 24 | $87.5M | $163.6M | ||
| Q3 24 | $73.0M | $-84.7M | ||
| Q2 24 | $57.6M | $174.0M | ||
| Q1 24 | $59.5M | $124.2M |
营业利润率APAMBEN
| Q4 25 | 39.2% | 12.1% | ||
| Q3 25 | 33.8% | 3.6% | ||
| Q2 25 | 28.2% | 7.5% | ||
| Q1 25 | 31.2% | 6.9% | ||
| Q4 24 | 36.7% | 9.7% | ||
| Q3 24 | 33.3% | -6.8% | ||
| Q2 24 | 32.0% | 10.5% | ||
| Q1 24 | 29.4% | 6.0% |
净利率APAMBEN
| Q4 25 | 35.2% | 11.0% | ||
| Q3 25 | 22.2% | 5.0% | ||
| Q2 25 | 23.9% | 4.5% | ||
| Q1 25 | 22.1% | 7.2% | ||
| Q4 24 | 29.5% | 7.3% | ||
| Q3 24 | 26.1% | -3.8% | ||
| Q2 24 | 21.3% | 8.2% | ||
| Q1 24 | 22.5% | 5.8% |
每股收益（稀释后）APAMBEN
| Q4 25 | $1.36 | $0.46 | ||
| Q3 25 | $0.93 | $0.21 | ||
| Q2 25 | $0.94 | $0.15 | ||
| Q1 25 | $0.82 | $0.26 | ||
| Q4 24 | $0.99 | $0.29 | ||
| Q3 24 | $1.03 | $-0.20 | ||
| Q2 24 | $0.80 | $0.32 | ||
| Q1 24 | $0.84 | $0.23 |
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 | — | — |
| 总债务越低越好 | $190.0M | $2.4B |
| 股东权益账面价值 | $438.8M | $12.1B |
| 总资产 | $1.6B | $32.5B |
| 负债/权益比越低杠杆越低 | 0.43× | 0.19× |
8季度趋势，按日历期对齐
总债务APAMBEN
| Q4 25 | $190.0M | $2.4B | ||
| Q3 25 | $190.0M | $2.4B | ||
| Q2 25 | $200.0M | $2.7B | ||
| Q1 25 | $200.0M | $2.7B | ||
| Q4 24 | $200.0M | $2.8B | ||
| Q3 24 | $200.0M | $2.8B | ||
| Q2 24 | $200.0M | $3.0B | ||
| Q1 24 | $200.0M | $3.0B |
股东权益APAMBEN
| Q4 25 | $438.8M | $12.1B | ||
| Q3 25 | $402.1M | $12.1B | ||
| Q2 25 | $381.8M | $12.2B | ||
| Q1 25 | $356.5M | $12.3B | ||
| Q4 24 | $388.9M | $12.5B | ||
| Q3 24 | $372.1M | $12.5B | ||
| Q2 24 | $341.2M | $12.9B | ||
| Q1 24 | $320.3M | $12.9B |
总资产APAMBEN
| Q4 25 | $1.6B | $32.5B | ||
| Q3 25 | $1.6B | $32.4B | ||
| Q2 25 | $1.4B | $32.6B | ||
| Q1 25 | $1.4B | $32.0B | ||
| Q4 24 | $1.6B | $32.4B | ||
| Q3 24 | $1.6B | $32.5B | ||
| Q2 24 | $1.5B | $33.3B | ||
| Q1 24 | $1.5B | $32.9B |
负债/权益比APAMBEN
| Q4 25 | 0.43× | 0.19× | ||
| Q3 25 | 0.47× | 0.20× | ||
| Q2 25 | 0.52× | 0.22× | ||
| Q1 25 | 0.56× | 0.22× | ||
| Q4 24 | 0.51× | 0.22× | ||
| Q3 24 | 0.54× | 0.22× | ||
| Q2 24 | 0.59× | 0.24× | ||
| Q1 24 | 0.62× | 0.24× |
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 | $-255.1M |
| 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× | -1.00× |
| 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APAMBEN
| Q4 25 | $172.0M | $-255.1M | ||
| Q3 25 | $40.4M | $-20.7M | ||
| Q2 25 | $50.9M | $1.3B | ||
| Q1 25 | $157.9M | $-50.1M | ||
| Q4 24 | $372.8M | $-145.2M | ||
| Q3 24 | $112.8M | $558.2M | ||
| Q2 24 | $75.9M | $528.4M | ||
| Q1 24 | $147.0M | $136.6M |
自由现金流APAMBEN
| Q4 25 | $171.6M | — | ||
| Q3 25 | $40.4M | $-51.9M | ||
| Q2 25 | $50.9M | $1.3B | ||
| Q1 25 | $157.7M | $-87.6M | ||
| Q4 24 | $371.3M | $-217.0M | ||
| Q3 24 | $112.4M | $488.4M | ||
| Q2 24 | $75.2M | $482.3M | ||
| Q1 24 | $146.9M | $94.9M |
自由现金流率APAMBEN
| Q4 25 | 51.2% | — | ||
| Q3 25 | 13.4% | -2.2% | ||
| Q2 25 | 18.0% | 61.4% | ||
| Q1 25 | 56.9% | -4.1% | ||
| Q4 24 | 125.0% | -9.6% | ||
| Q3 24 | 40.2% | 22.1% | ||
| Q2 24 | 27.8% | 22.7% | ||
| Q1 24 | 55.6% | 4.4% |
资本支出强度APAMBEN
| Q4 25 | 0.1% | — | ||
| Q3 25 | 0.0% | 1.3% | ||
| Q2 25 | 0.0% | 0.7% | ||
| Q1 25 | 0.1% | 1.8% | ||
| Q4 24 | 0.5% | 3.2% | ||
| Q3 24 | 0.1% | 3.2% | ||
| Q2 24 | 0.2% | 2.2% | ||
| Q1 24 | 0.0% | 1.9% |
现金转化率APAMBEN
| Q4 25 | 1.46× | -1.00× | ||
| Q3 25 | 0.60× | -0.18× | ||
| Q2 25 | 0.75× | 13.89× | ||
| Q1 25 | 2.58× | -0.33× | ||
| Q4 24 | 4.26× | -0.89× | ||
| Q3 24 | 1.54× | — | ||
| Q2 24 | 1.32× | 3.04× | ||
| Q1 24 | 2.47× | 1.10× |
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
BEN
| Investment Advisory Management And Administrative Service | $1.8B | 79% |
| Sales And Distribution Fees | $388.7M | 17% |
| Shareholder Service | $70.9M | 3% |
| Service Other | $19.6M | 1% |
