Published on 24 Apr 2024 on Simply Wall St. via Yahoo Finance
The main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share price rise faster than the market. But Artisan Partners Asset Management Inc. (NYSE:APAM) has fallen short of that second goal, with a share price rise of 53% over five years, which is below the market return. But if you include dividends then the return is market-beating. On a brighter note, more newer shareholders are probably rather content with the 28% share price gain over twelve months.
Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.