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Artisan Partners Asset Management Inc.（APAM）与Thryv Holdings, Inc.（THRY）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Thryv Holdings, Inc.的2.0倍（$335.5M vs $167.7M），Artisan Partners Asset Management Inc.净利率更高（35.2% vs 2.7%，领先32.5%），Artisan Partners Asset Management Inc.同比增速更快（12.9% vs -7.5%），Artisan Partners Asset Management Inc.自由现金流更多（$171.6M vs $-5.5M），过去两年Artisan Partners Asset Management Inc.的营收复合增速更高（12.7% vs -13.5%）
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。
Thryv Holdings, Inc.是一家上市软件服务（SaaS）企业，面向中小企业提供客户关系管理与网络声誉管理软件解决方案。公司总部位于得克萨斯州达拉斯，业务覆盖美国48个州，现有员工超过2400名，其前身是多家黄页企业组成的集团。
APAM vs THRY — 直观对比
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $335.5M | $167.7M |
| 净利润 | $118.1M | $4.5M |
| 毛利率 | — | 65.2% |
| 营业利润率 | 39.2% | 37.3% |
| 净利率 | 35.2% | 2.7% |
| 营收同比 | 12.9% | -7.5% |
| 净利润同比 | 34.9% | 147.2% |
| 每股收益（稀释后） | $1.36 | $0.10 |
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
| Q1 26 | — | $167.7M | ||
| Q4 25 | $335.5M | $191.6M | ||
| Q3 25 | $301.3M | $201.6M | ||
| Q2 25 | $282.7M | $210.5M | ||
| Q1 25 | $277.1M | $181.4M | ||
| Q4 24 | $297.1M | $186.6M | ||
| Q3 24 | $279.6M | $179.9M | ||
| Q2 24 | $270.8M | $224.1M |
| Q1 26 | — | $4.5M | ||
| Q4 25 | $118.1M | $-9.7M | ||
| Q3 25 | $66.8M | $5.7M | ||
| Q2 25 | $67.6M | $13.9M | ||
| Q1 25 | $61.1M | $-9.6M | ||
| Q4 24 | $87.5M | $7.9M | ||
| Q3 24 | $73.0M | $-96.1M | ||
| Q2 24 | $57.6M | $5.5M |
| Q1 26 | — | 65.2% | ||
| Q4 25 | — | 68.0% | ||
| Q3 25 | — | 67.7% | ||
| Q2 25 | — | 69.7% | ||
| Q1 25 | — | 65.8% | ||
| Q4 24 | — | 65.9% | ||
| Q3 24 | — | 62.3% | ||
| Q2 24 | — | 66.3% |
| Q1 26 | — | 37.3% | ||
| Q4 25 | 39.2% | 5.3% | ||
| Q3 25 | 33.8% | 9.9% | ||
| Q2 25 | 28.2% | 14.0% | ||
| Q1 25 | 31.2% | -1.7% | ||
| Q4 24 | 36.7% | -3.9% | ||
| Q3 24 | 33.3% | -49.2% | ||
| Q2 24 | 32.0% | 14.0% |
| Q1 26 | — | 2.7% | ||
| Q4 25 | 35.2% | -5.0% | ||
| Q3 25 | 22.2% | 2.8% | ||
| Q2 25 | 23.9% | 6.6% | ||
| Q1 25 | 22.1% | -5.3% | ||
| Q4 24 | 29.5% | 4.2% | ||
| Q3 24 | 26.1% | -53.4% | ||
| Q2 24 | 21.3% | 2.5% |
| Q1 26 | — | $0.10 | ||
| Q4 25 | $1.36 | $-0.21 | ||
| Q3 25 | $0.93 | $0.13 | ||
| Q2 25 | $0.94 | $0.31 | ||
| Q1 25 | $0.82 | $-0.22 | ||
| Q4 24 | $0.99 | $0.28 | ||
| Q3 24 | $1.03 | $-2.65 | ||
| Q2 24 | $0.80 | $0.15 |
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 | — | $8.0M |
| 总债务越低越好 | $190.0M | — |
| 股东权益账面价值 | $438.8M | $225.4M |
| 总资产 | $1.6B | $693.7M |
| 负债/权益比越低杠杆越低 | 0.43× | — |
8季度趋势，按日历期对齐
| Q1 26 | — | $8.0M | ||
| Q4 25 | — | $10.8M | ||
| Q3 25 | — | $11.6M | ||
| Q2 25 | — | $10.8M | ||
| Q1 25 | — | $11.0M | ||
| Q4 24 | — | $16.3M | ||
| Q3 24 | — | $12.5M | ||
| Q2 24 | — | $15.5M |
| Q1 26 | — | — | ||
| Q4 25 | $190.0M | $253.5M | ||
| Q3 25 | $190.0M | $268.2M | ||
| Q2 25 | $200.0M | $275.6M | ||
| Q1 25 | $200.0M | $299.0M | ||
| Q4 24 | $200.0M | $284.3M | ||
| Q3 24 | $200.0M | $307.8M | ||
| Q2 24 | $200.0M | $342.1M |
| Q1 26 | — | $225.4M | ||
| Q4 25 | $438.8M | $218.1M | ||
| Q3 25 | $402.1M | $221.1M | ||
| Q2 25 | $381.8M | $214.9M | ||
| Q1 25 | $356.5M | $193.2M | ||
| Q4 24 | $388.9M | $196.9M | ||
| Q3 24 | $372.1M | $94.5M | ||
| Q2 24 | $341.2M | $183.1M |
| Q1 26 | — | $693.7M | ||
| Q4 25 | $1.6B | $688.6M | ||
| Q3 25 | $1.6B | $701.8M | ||
| Q2 25 | $1.4B | $687.7M | ||
| Q1 25 | $1.4B | $703.7M | ||
| Q4 24 | $1.6B | $712.2M | ||
| Q3 24 | $1.6B | $654.8M | ||
| Q2 24 | $1.5B | $785.5M |
| Q1 26 | — | — | ||
| Q4 25 | 0.43× | 1.16× | ||
| Q3 25 | 0.47× | 1.21× | ||
| Q2 25 | 0.52× | 1.28× | ||
| Q1 25 | 0.56× | 1.55× | ||
| Q4 24 | 0.51× | 1.44× | ||
| Q3 24 | 0.54× | 3.26× | ||
| Q2 24 | 0.59× | 1.87× |
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 | — |
| 自由现金流经营现金流 - 资本支出 | $171.6M | $-5.5M |
| 自由现金流率自由现金流/营收 | 51.2% | -3.3% |
| 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× | — |
| 过去12个月自由现金流最近4个季度 | $420.6M | $43.3M |
8季度趋势，按日历期对齐
| Q1 26 | — | — | ||
| Q4 25 | $172.0M | $22.2M | ||
| Q3 25 | $40.4M | $22.2M | ||
| Q2 25 | $50.9M | $29.6M | ||
| Q1 25 | $157.9M | $-10.5M | ||
| Q4 24 | $372.8M | $26.1M | ||
| Q3 24 | $112.8M | $36.0M | ||
| Q2 24 | $75.9M | $22.2M |
| Q1 26 | — | $-5.5M | ||
| Q4 25 | $171.6M | $12.3M | ||
| Q3 25 | $40.4M | $14.6M | ||
| Q2 25 | $50.9M | $21.8M | ||
| Q1 25 | $157.7M | $-17.6M | ||
| Q4 24 | $371.3M | $17.3M | ||
| Q3 24 | $112.4M | $27.5M | ||
| Q2 24 | $75.2M | $13.3M |
| Q1 26 | — | -3.3% | ||
| Q4 25 | 51.2% | 6.4% | ||
| Q3 25 | 13.4% | 7.2% | ||
| Q2 25 | 18.0% | 10.4% | ||
| Q1 25 | 56.9% | -9.7% | ||
| Q4 24 | 125.0% | 9.3% | ||
| Q3 24 | 40.2% | 15.3% | ||
| Q2 24 | 27.8% | 5.9% |
| Q1 26 | — | — | ||
| Q4 25 | 0.1% | 5.2% | ||
| Q3 25 | 0.0% | 3.8% | ||
| Q2 25 | 0.0% | 3.7% | ||
| Q1 25 | 0.1% | 3.9% | ||
| Q4 24 | 0.5% | 4.7% | ||
| Q3 24 | 0.1% | 4.7% | ||
| Q2 24 | 0.2% | 4.0% |
| Q1 26 | — | — | ||
| Q4 25 | 1.46× | — | ||
| Q3 25 | 0.60× | 3.93× | ||
| Q2 25 | 0.75× | 2.12× | ||
| Q1 25 | 2.58× | — | ||
| Q4 24 | 4.26× | 3.32× | ||
| Q3 24 | 1.54× | — | ||
| Q2 24 | 1.32× | 4.01× |
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
THRY
| SaaS | $116.7M | 70% |
| Other | $50.9M | 30% |
