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Artisan Partners Asset Management Inc.（APAM）与BLUE OWL CAPITAL INC.（OWL）财务数据对比。点击上方公司名可切换其他公司
BLUE OWL CAPITAL INC.的季度营收约是Artisan Partners Asset Management Inc.的2.3倍（$755.6M vs $335.5M），Artisan Partners Asset Management Inc.净利率更高（35.2% vs 6.3%，领先28.9%），BLUE OWL CAPITAL INC.同比增速更快（19.7% vs 12.9%），BLUE OWL CAPITAL INC.自由现金流更多（$359.1M vs $171.6M），过去两年BLUE OWL CAPITAL INC.的营收复合增速更高（21.3% vs 12.7%）
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。
Blue Owl Capital Inc.是美国另类投资资产管理机构，于纽约证券交易所挂牌上市，股票代码为OWL，总部设在纽约市，在伦敦、迪拜、中国香港等全球多地设有办事处，专注为各类客户提供专业的另类资产管理解决方案。
APAM vs OWL — 直观对比
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $335.5M | $755.6M |
| 净利润 | $118.1M | $47.7M |
| 毛利率 | — | — |
| 营业利润率 | 39.2% | 22.2% |
| 净利率 | 35.2% | 6.3% |
| 营收同比 | 12.9% | 19.7% |
| 净利润同比 | 34.9% | 129.8% |
| 每股收益（稀释后） | $1.36 | $0.07 |
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 | $755.6M | ||
| Q3 25 | $301.3M | $728.0M | ||
| Q2 25 | $282.7M | $703.1M | ||
| Q1 25 | $277.1M | $683.5M | ||
| Q4 24 | $297.1M | $631.4M | ||
| Q3 24 | $279.6M | $600.9M | ||
| Q2 24 | $270.8M | $549.8M | ||
| Q1 24 | $264.4M | $513.3M |
| Q4 25 | $118.1M | $47.7M | ||
| Q3 25 | $66.8M | $6.3M | ||
| Q2 25 | $67.6M | $17.4M | ||
| Q1 25 | $61.1M | $7.4M | ||
| Q4 24 | $87.5M | $20.7M | ||
| Q3 24 | $73.0M | $29.8M | ||
| Q2 24 | $57.6M | $33.9M | ||
| Q1 24 | $59.5M | $25.1M |
| Q4 25 | 39.2% | 22.2% | ||
| Q3 25 | 33.8% | 7.6% | ||
| Q2 25 | 28.2% | 12.0% | ||
| Q1 25 | 31.2% | 5.9% | ||
| Q4 24 | 36.7% | 11.7% | ||
| Q3 24 | 33.3% | 18.7% | ||
| Q2 24 | 32.0% | 28.4% | ||
| Q1 24 | 29.4% | 24.7% |
| Q4 25 | 35.2% | 6.3% | ||
| Q3 25 | 22.2% | 0.9% | ||
| Q2 25 | 23.9% | 2.5% | ||
| Q1 25 | 22.1% | 1.1% | ||
| Q4 24 | 29.5% | 3.3% | ||
| Q3 24 | 26.1% | 5.0% | ||
| Q2 24 | 21.3% | 6.2% | ||
| Q1 24 | 22.5% | 4.9% |
| Q4 25 | $1.36 | $0.07 | ||
| Q3 25 | $0.93 | $0.01 | ||
| Q2 25 | $0.94 | $0.02 | ||
| Q1 25 | $0.82 | $0.00 | ||
| Q4 24 | $0.99 | $0.06 | ||
| Q3 24 | $1.03 | $0.04 | ||
| Q2 24 | $0.80 | $0.06 | ||
| Q1 24 | $0.84 | $0.04 |
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 | — | $194.5M |
| 总债务越低越好 | $190.0M | $3.3B |
| 股东权益账面价值 | $438.8M | $2.2B |
| 总资产 | $1.6B | $12.5B |
| 负债/权益比越低杠杆越低 | 0.43× | 1.51× |
8季度趋势，按日历期对齐
| Q4 25 | — | $194.5M | ||
| Q3 25 | — | $137.3M | ||
| Q2 25 | — | $117.6M | ||
| Q1 25 | — | $97.6M | ||
| Q4 24 | — | $152.1M | ||
| Q3 24 | — | $115.9M | ||
| Q2 24 | — | $436.8M | ||
| Q1 24 | — | $155.8M |
| Q4 25 | $190.0M | $3.3B | ||
| Q3 25 | $190.0M | $3.2B | ||
| Q2 25 | $200.0M | $3.2B | ||
| Q1 25 | $200.0M | $3.2B | ||
| Q4 24 | $200.0M | $2.6B | ||
| Q3 24 | $200.0M | $2.5B | ||
| Q2 24 | $200.0M | $2.5B | ||
| Q1 24 | $200.0M | $2.1B |
| Q4 25 | $438.8M | $2.2B | ||
| Q3 25 | $402.1M | $2.3B | ||
| Q2 25 | $381.8M | $2.4B | ||
| Q1 25 | $356.5M | $2.3B | ||
| Q4 24 | $388.9M | $2.1B | ||
| Q3 24 | $372.1M | $2.0B | ||
| Q2 24 | $341.2M | $1.7B | ||
| Q1 24 | $320.3M | $1.6B |
| Q4 25 | $1.6B | $12.5B | ||
| Q3 25 | $1.6B | $12.5B | ||
| Q2 25 | $1.4B | $12.3B | ||
| Q1 25 | $1.4B | $12.3B | ||
| Q4 24 | $1.6B | $11.0B | ||
| Q3 24 | $1.6B | $10.8B | ||
| Q2 24 | $1.5B | $9.7B | ||
| Q1 24 | $1.5B | $9.0B |
| Q4 25 | 0.43× | 1.51× | ||
| Q3 25 | 0.47× | 1.41× | ||
| Q2 25 | 0.52× | 1.38× | ||
| Q1 25 | 0.56× | 1.37× | ||
| Q4 24 | 0.51× | 1.22× | ||
| Q3 24 | 0.54× | 1.27× | ||
| Q2 24 | 0.59× | 1.41× | ||
| Q1 24 | 0.62× | 1.26× |
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 | $382.9M |
| 自由现金流经营现金流 - 资本支出 | $171.6M | $359.1M |
| 自由现金流率自由现金流/营收 | 51.2% | 47.5% |
| 资本支出强度资本支出/营收 | 0.1% | 3.1% |
| 现金转化率经营现金流/净利润 | 1.46× | 8.03× |
| 过去12个月自由现金流最近4个季度 | $420.6M | $1.2B |
8季度趋势，按日历期对齐
| Q4 25 | $172.0M | $382.9M | ||
| Q3 25 | $40.4M | $433.1M | ||
| Q2 25 | $50.9M | $422.5M | ||
| Q1 25 | $157.9M | $17.6M | ||
| Q4 24 | $372.8M | $324.0M | ||
| Q3 24 | $112.8M | $326.0M | ||
| Q2 24 | $75.9M | $302.3M | ||
| Q1 24 | $147.0M | $47.2M |
| Q4 25 | $171.6M | $359.1M | ||
| Q3 25 | $40.4M | $422.5M | ||
| Q2 25 | $50.9M | $412.5M | ||
| Q1 25 | $157.7M | $4.2M | ||
| Q4 24 | $371.3M | $310.1M | ||
| Q3 24 | $112.4M | $314.8M | ||
| Q2 24 | $75.2M | $269.4M | ||
| Q1 24 | $146.9M | $41.1M |
| Q4 25 | 51.2% | 47.5% | ||
| Q3 25 | 13.4% | 58.0% | ||
| Q2 25 | 18.0% | 58.7% | ||
| Q1 25 | 56.9% | 0.6% | ||
| Q4 24 | 125.0% | 49.1% | ||
| Q3 24 | 40.2% | 52.4% | ||
| Q2 24 | 27.8% | 49.0% | ||
| Q1 24 | 55.6% | 8.0% |
| Q4 25 | 0.1% | 3.1% | ||
| Q3 25 | 0.0% | 1.5% | ||
| Q2 25 | 0.0% | 1.4% | ||
| Q1 25 | 0.1% | 2.0% | ||
| Q4 24 | 0.5% | 2.2% | ||
| Q3 24 | 0.1% | 1.9% | ||
| Q2 24 | 0.2% | 6.0% | ||
| Q1 24 | 0.0% | 1.2% |
| Q4 25 | 1.46× | 8.03× | ||
| Q3 25 | 0.60× | 68.64× | ||
| Q2 25 | 0.75× | 24.25× | ||
| Q1 25 | 2.58× | 2.37× | ||
| Q4 24 | 4.26× | 15.62× | ||
| Q3 24 | 1.54× | 10.94× | ||
| Q2 24 | 1.32× | 8.91× | ||
| Q1 24 | 2.47× | 1.88× |
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
OWL
| Credit Platform | $455.0M | 60% |
| GP Strategic Capital Platform | $157.0M | 21% |
| Administrative Service | $87.6M | 12% |
| IPI Partners LLC | $33.8M | 4% |
| Other | $22.2M | 3% |
