$3.46B Market Cap.
APAM Market Cap. (MRY)
APAM Shares Outstanding (MRY)
APAM Assets (MRY)
Total Assets
$1.62B
Total Liabilities
$868.84M
Total Investments
$670.93M
APAM Income (MRY)
Revenue
$1.11B
Net Income
$259.75M
Operating Expense
$745.17M
APAM Cash Flow (MRY)
CF Operations
$372.84M
CF Investing
-$24.87M
CF Financing
-$254.22M
APAM Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $3.16 | 7.30% | 18.80% | 86.34% | 1.16 |
2023 | $2.66 | 6.00% | -27.52% | 83.39% | 1.20 |
2022 | $3.67 | 12.40% | -13.24% | 124.83% | 0.80 |
2021 | $4.23 | 8.90% | 24.78% | 82.94% | 1.21 |
2020 | $3.39 | 6.70% | - | 99.71% | 1.00 |
APAM Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $1,618,756,000 (15.14%) | $1,405,858,000 (13.87%) | $1,234,608,000 (2.20%) | $1,208,047,000 (4.87%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $388,924,000 (19.98%) | $324,151,000 (23.62%) | $262,221,000 (-5.06%) | $276,204,000 (53.04%) |
Property Plant & Equipment Net | $124,836,000 (-11.70%) | $141,385,000 (-5.44%) | $149,514,000 (20.62%) | $123,955,000 (7.62%) |
Cash & Equivalents | $268,218,000 (50.29%) | $178,467,000 (24.59%) | $143,248,000 (-28.65%) | $200,771,000 (0.66%) |
Accumulated Other Comprehensive Income | -$2,762,000 (-10.66%) | -$2,496,000 (18.93%) | -$3,079,000 (-135.04%) | -$1,310,000 (-32.19%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $670,932,000 (30.38%) | $514,617,000 (50.84%) | $341,158,000 (40.46%) | $242,879,000 (3.78%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $127,653,000 (11.48%) | $114,512,000 (10.52%) | $103,611,000 (-15.25%) | $122,258,000 (18.15%) |
Trade & Non-Trade Payables | $139,390,000 (119.20%) | $63,589,000 (25.24%) | $50,772,000 (3.24%) | $49,177,000 (-63.33%) |
Accumulated Retained Earnings (Deficit) | $170,044,000 (28.70%) | $132,126,000 (41.94%) | $93,088,000 (-30.99%) | $134,889,000 (84.92%) |
Tax Assets | $409,386,000 (-6.22%) | $436,529,000 (-8.49%) | $477,024,000 (-4.19%) | $497,902,000 (3.29%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $300,707,000 (-3.82%) | $312,658,000 (-2.26%) | $319,897,000 (6.72%) | $299,747,000 (2.67%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $868,837,000 (8.32%) | $802,101,000 (-2.18%) | $819,971,000 (2.36%) | $801,051,000 (-7.62%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
APAM Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $1,111,802,000 (14.02%) | $975,131,000 (-1.83%) | $993,285,000 (-19.06%) | $1,227,236,000 (36.43%) |
Cost of Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Selling General & Administrative Expense | $745,173,000 (10.96%) | $671,539,000 (3.44%) | $649,188,000 (-5.47%) | $686,745,000 (26.88%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $745,173,000 (10.96%) | $671,539,000 (3.44%) | $649,188,000 (-5.47%) | $686,745,000 (26.88%) |
Interest Expense | $8,610,000 (0.46%) | $8,571,000 (-13.53%) | $9,912,000 (-8.25%) | $10,803,000 (-0.01%) |
Income Tax Expense | $90,901,000 (26.45%) | $71,888,000 (13.30%) | $63,450,000 (-40.72%) | $107,026,000 (76.04%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $349,651,000 (12.14%) | $311,804,000 (25.53%) | $248,385,000 (-44.12%) | $444,524,000 (44.09%) |
Net Income to Non-Controlling Interests | $89,903,000 (0.43%) | $89,515,000 (115.03%) | $41,630,000 (-61.46%) | $108,008,000 (12.64%) |
Net Income | $259,748,000 (16.85%) | $222,289,000 (7.51%) | $206,755,000 (-38.56%) | $336,516,000 (58.27%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $259,748,000 (16.85%) | $222,289,000 (7.51%) | $206,755,000 (-38.56%) | $336,516,000 (58.27%) |
Weighted Average Shares | $64,900,228 (2.28%) | $63,451,932 (1.56%) | $62,475,960 (4.36%) | $59,866,790 (7.61%) |
Weighted Average Shares Diluted | $64,939,183 (2.29%) | $63,486,479 (1.58%) | $62,498,509 (4.37%) | $59,881,039 (7.63%) |
Earning Before Interest & Taxes (EBIT) | $359,259,000 (18.67%) | $302,748,000 (8.08%) | $280,117,000 (-38.35%) | $454,345,000 (59.86%) |
Gross Profit | $1,111,802,000 (14.02%) | $975,131,000 (-1.83%) | $993,285,000 (-19.06%) | $1,227,236,000 (36.43%) |
Operating Income | $366,629,000 (20.76%) | $303,592,000 (-11.77%) | $344,097,000 (-36.34%) | $540,491,000 (50.84%) |
APAM Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$24,870,000 (34.84%) | -$38,167,000 (40.11%) | -$63,731,000 (-136.27%) | -$26,974,000 (-243.85%) |
Net Cash Flow from Financing | -$254,221,000 (-45.30%) | -$174,963,000 (42.90%) | -$306,402,000 (8.65%) | -$335,433,000 (-18.85%) |
Net Cash Flow from Operations | $372,838,000 (47.35%) | $253,028,000 (-19.06%) | $312,610,000 (-21.56%) | $398,551,000 (25.06%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $93,747,000 (134.97%) | $39,898,000 (169.36%) | -$57,523,000 (-259.15%) | $36,144,000 (-34.52%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$20,118,000 (31.89%) | -$29,536,000 (33.14%) | -$44,173,000 (-110.28%) | -$21,007,000 (-196.14%) |
Capital Expenditure | -$4,752,000 (44.94%) | -$8,631,000 (55.87%) | -$19,558,000 (-227.77%) | -$5,967,000 (-92.55%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $0 (0%) | -$543,000 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $0 (0%) | $0 (0%) | $46,928,000 (-25.54%) |
Payment of Dividends & Other Cash Distributions | -$270,874,000 (-18.75%) | -$228,110,000 (25.43%) | -$305,895,000 (16.86%) | -$367,929,000 (-27.39%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $32,475,000 (-3.63%) | $33,697,000 (-18.86%) | $41,532,000 (4.75%) | $39,649,000 (7.08%) |
Depreciation Amortization & Accretion | $8,874,000 (-2.55%) | $9,106,000 (-5.75%) | $9,662,000 (93.16%) | $5,002,000 (-2.42%) |
APAM Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) |
Profit Margin | 23.40% (2.63%) | 22.80% (9.62%) | 20.80% (-24.09%) | 27.40% (16.10%) |
EBITDA Margin | 33.10% (3.44%) | 32.00% (9.59%) | 29.20% (-21.93%) | 37.40% (16.15%) |
Return on Average Equity (ROAE) | 73.00% (-4.95%) | 76.80% (-11.32%) | 86.60% (-40.19%) | 144.80% (-5.91%) |
Return on Average Assets (ROAA) | 16.60% (3.75%) | 16.00% (-0.62%) | 16.10% (-40.59%) | 27.10% (34.16%) |
Return on Sales (ROS) | 32.30% (4.19%) | 31.00% (9.93%) | 28.20% (-23.78%) | 37.00% (17.09%) |
Return on Invested Capital (ROIC) | 22.20% (10.45%) | 20.10% (2.55%) | 19.60% (-44.79%) | 35.50% (43.15%) |
Dividend Yield | 7.30% (21.67%) | 6.00% (-51.61%) | 12.40% (39.33%) | 8.90% (32.84%) |
Price to Earnings Ratio (P/E) | 11.76 (-15.08%) | 13.85 (37.10%) | 10.1 (8.15%) | 9.34 (-36.91%) |
Price to Sales Ratio (P/S) | 2.51 (-12.59%) | 2.88 (53.91%) | 1.87 (-19.62%) | 2.32 (-25.35%) |
Price to Book Ratio (P/B) | 8.89 (-18.38%) | 10.9 (20.86%) | 9.02 (-33.86%) | 13.63 (-37.80%) |
Debt to Equity Ratio (D/E) | 2.23 (-9.70%) | 2.47 (-20.88%) | 3.13 (7.83%) | 2.9 (-39.65%) |
Earnings Per Share (EPS) | 3.66 (14.73%) | 3.19 (8.50%) | 2.94 (-42.35%) | 5.1 (50.00%) |
Sales Per Share (SPS) | 17.13 (11.47%) | 15.37 (-3.34%) | 15.9 (-22.44%) | 20.5 (26.77%) |
Free Cash Flow Per Share (FCFPS) | 5.67 (47.25%) | 3.85 (-17.89%) | 4.69 (-28.47%) | 6.56 (15.62%) |
Book Value Per Share (BVPS) | 5.99 (17.30%) | 5.11 (21.73%) | 4.2 (-9.04%) | 4.61 (42.23%) |
Tangible Assets Book Value Per Share (TABVPS) | 24.94 (12.57%) | 22.16 (12.12%) | 19.76 (-2.07%) | 20.18 (-2.55%) |
Enterprise Value Over EBIT (EV/EBIT) | 10 (-16.67%) | 12 (33.33%) | 9 (12.50%) | 8 (-42.86%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 9.47 (-18.27%) | 11.58 (34.28%) | 8.63 (5.38%) | 8.19 (-41.08%) |
Asset Turnover | 0.71 (1.28%) | 0.7 (-9.42%) | 0.78 (-21.48%) | 0.99 (15.44%) |
Current Ratio | - | - | - | - |
Dividends | $3.16 (18.80%) | $2.66 (-27.52%) | $3.67 (-13.24%) | $4.23 (24.78%) |
Free Cash Flow (FCF) | $368,086,000 (50.61%) | $244,397,000 (-16.60%) | $293,052,000 (-25.35%) | $392,584,000 (24.40%) |
Enterprise Value (EV) | $3,484,826,034 (-3.52%) | $3,611,892,104 (44.51%) | $2,499,324,391 (-33.52%) | $3,759,780,402 (-6.46%) |
Earnings Before Tax (EBT) | $350,649,000 (19.20%) | $294,177,000 (8.87%) | $270,205,000 (-39.08%) | $443,542,000 (62.22%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $368,133,000 (18.05%) | $311,854,000 (7.62%) | $289,779,000 (-36.92%) | $459,347,000 (58.76%) |
Invested Capital | $1,651,245,000 (7.22%) | $1,540,049,000 (9.13%) | $1,411,257,000 (7.97%) | $1,307,023,000 (5.03%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $1,618,756,000 (15.14%) | $1,405,858,000 (13.87%) | $1,234,608,000 (2.20%) | $1,208,047,000 (4.87%) |
Market Capitalization | $3,459,547,034 (-2.07%) | $3,532,671,104 (49.41%) | $2,364,463,391 (-37.21%) | $3,765,448,402 (-4.80%) |
Average Equity | $355,627,500 (22.83%) | $289,529,000 (21.23%) | $238,831,000 (2.76%) | $232,424,250 (68.26%) |
Average Assets | $1,562,660,000 (12.42%) | $1,390,054,250 (8.43%) | $1,281,973,000 (3.14%) | $1,242,953,500 (18.08%) |
Invested Capital Average | $1,616,127,250 (7.15%) | $1,508,250,500 (5.80%) | $1,425,591,250 (11.34%) | $1,280,344,750 (11.73%) |
Shares | 80,361,139 (0.50%) | 79,960,867 (0.44%) | 79,611,562 (0.72%) | 79,039,639 (0.59%) |
