Artisan Partners Asset Management price to free cash flow APAM

Market value divided by free cash flow over the last twelve months, since 2014.

Today, Oct 23, 2026: 10.5×
10-year median: 9.8×
Against its 10-year history: 60th; percentile: 0 is its lowest day, 100 its highest
10-year range: 5.2× to 18.9×
Peer median: 12.4×

Artisan Partners Asset Management's price to free cash flow is 10.5× as of Oct 23, 2026.

That is above its ten-year median of 9.8×, close to the middle of its last ten years.

Over that time it ranged from 5.2× in Mar 2020 to 18.9× in Feb 2026.

The median for 10 asset managers of a similar size is 12.4×.

Price to free cash flow over time

median 9.8×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	10.5×	10.1×	18.9×
2025	11.8×	7.6×	12.7×
2024	10.9×	10.8×	14.6×
2023	13.2×	7.7×	14.3×
2022	8.0×	6.0×	9.5×
2021	8.9×	8.2×	13.9×
2020	12.1×	5.2×	12.1×
2019	9.6×	5.8×	9.6×
2018	6.0×	5.8×	13.1×
2017	11.5×	7.5×	11.6×
2016	8.0×	5.0×	8.4×
2015	7.2×	6.8×	11.7×
2014	11.6×	10.9×	41.5×

Against its peers

Companies in Asset Management nearest Artisan Partners Asset Management's size, closest first, today.

Company	Price to free cash flow
APAMArtisan Partners Asset Management	10.5×
GCMGGCM Grosvenor	13.5×
ABAlliancebernstein	n/m
AAMIAcadian Asset Management	n/m
CNSCohen & Steers	53.4×
LAZLazard	6.2×
FHIFederated Hermes	11.6×
MCMoelis	9.8×
HLNEHamilton Lane INC	12.4×
HASIHA Sustainable Infrastructure Capital	n/m
DLBDolby Laboratories	15.0×
Peer median	12.4×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Artisan Partners Asset Management

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.