Artisan Partners Asset Management vs Hamilton Lane
Artisan Partners Asset Management is the larger business, with $1.20bn of revenue in fiscal 2025 against $759m for Hamilton Lane (1.6 times as much). Artisan Partners Asset Management grew faster (7.6% against 6.5%). Hamilton Lane kept more of each dollar of sales as profit: a net margin of 32.8% against 24.3%. Hamilton Lane carries less debt relative to equity (30.4% against 43.3%).
| Latest fiscal year | Artisan Partners Asset ManagementAPAM, 2025 | Hamilton LaneHLNE, 2026 |
|---|---|---|
| Revenue | $1.20bn | $759m |
| Revenue growth | 7.6% | 6.5% |
| Net income | $290m | $249m |
| Operating margin | 33.4% | — |
| Net margin | 24.3% | 32.8% |
| Return on equity | 70.1% | 30.5% |
| Free cash flow | $172m | $419m |
| Cash | $256m | $372m |
| Total debt | $190m | $278m |
| Debt to equity | 43.3% | 30.4% |
| Dividend per share | $3.63 | — |
| Dividend yield | 9.2% | 2.4% |
| Share buybacks | — | — |
| Employees | 567 | 785 |
| Market value | $3.14bn | $3.85bn |
| Price vs our value range | — | — |
| Moat score | 80 (Strong) | — |
| Insider trades, 12 months | 0 buys, 1 sales | 16 buys, 0 sales |