Apollo Global Management
APO NYSE· Asset Management & Custody Banks
Last close · Oct 26, 2026
$114.37
KIRA · Stoqly’s AI analyst, in plain words
- Apollo Global Management had $32.0B of revenue in fiscal 2025, up 22.7% on the year before. Over five years, revenue changed +68.6% a year on average.
- Apollo Global Management made $3.5B of net profit in fiscal 2025. From fiscal 2020 to 2025, diluted EPS grew 66.0% a year.
- Apollo Global Management returned $2.0B to shareholders in fiscal 2025. The diluted share count fell 1.7%.
- Apollo Global Management has $7.2B more cash than debt.
Market cap
$69.8B
P/E
41.9x
Revenue
$32.0B
Net income
$3.5B
Free cash flow
—
Operating margin
—
Apollo Global Management in 30 seconds · fiscal 2025
Are sales growing?
+22.7%
Yes. Sales grew 22.7% last year.
Does it make a profit?
10.9%
Yes. It keeps 10.9% of every sale as profit.
Is debt under control?
Net cash
Yes. It has more cash than debt.
How is the share priced?
41.9x
One share costs 41.9 times its yearly profit per share. Typical for its sector: 13.7x.
What Apollo Global Management does
Apollo manages money for pension funds, insurers, wealthy individuals and other investors, mostly in private investments that do not trade on stock exchanges, and through its Athene subsidiary it sells retirement savings products. It had $938.4 billion of assets under management at the end of 2025, and it does most of its business in the United States. Apollo reports three segments. Asset Management earns fees for running investment funds and accounts. Most of its money is in credit, $749.2 billion, such as loans it makes directly to companies and loans backed by mortgages, consumer debt and aircraft. Its equity business, with $189.2 billion, buys companies through private equity funds and invests in real estate and infrastructure. Retirement Services is Athene, which sells annuities, contracts that pay a set or index-linked return, and earns the difference between what it earns investing that money and what it pays out; Apollo manages Athene's investments.
Biggest risks, in its own words
- Market turmoil and economic uncertainty that could hurt fund returns, fundraising and the value of its investments.
- Uneven profits, because performance fees depend on when and how well investments are sold.
- Athene could face cash needs it cannot meet quickly, or a credit rating cut that makes its products less attractive.
- Heavy and growing regulation of its funds and insurance businesses, and possible conflicts of interest.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 25, 2026
- Legal name
- APOLLO GLOBAL MANAGEMENT, INC.
- CIK
- 0001858681
Apollo Global Management · APO
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $6.0B | $11.0B | $32.6B | $26.1B | $32.0B |
| Revenue growth | 152.8% | 84.3% | 197.6% | −20.0% | 22.7% |
| Net income | $1.8B | −$2.0B | $5.0B | $4.6B | $3.5B |
| Net margin | 30.9% | −17.9% | 15.5% | 17.5% | 10.9% |
| Diluted EPS | $7.32 | −$3.43 | $8.28 | $7.33 | $5.54 |
| Cash | |||||
| Cash from operations | $1.1B | $3.8B | $6.3B | $3.3B | $7.2B |
| Dividends paid | $517M | $962M | $1.0B | $1.1B | $1.2B |
| Share buybacks | $299M | $635M | $561M | $890M | $773M |
| Share count change | 4.0% | 147.2% | 0.7% | 2.6% | −1.7% |
| Debt and strength | |||||
| Cash and short-term investments | $917M | $9.0B | $17.7B | $17.1B | $20.6B |
| Debt incl. finance leases | $3.1B | $6.5B | $8.1B | $10.6B | $13.4B |
| Shareholders' equity | $3.8B | $6.6B | $14.0B | $17.3B | $23.3B |
| Net debt / EBITDA | 0.4x | — | −1.4x | −0.7x | −0.8x |
| Interest coverage | 36.2x | −18.1x | 21.8x | 16.7x | 11.8x |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$9.8M
3 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Apollo Global Management · APO
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Apollo Global Management APO | $69.8B | 22.7% | — | — | — | 41.9x | — |
| BlackRock BLK | $185.6B | 18.7% | 29.1% | 14.7% | 10.5% | 27.0x | — |
| KKR KKR | — | −11.0% | — | — | — | — | — |
| Corebridge Financial CRBG | $15.7B | −1.2% | — | — | — | 21.8x | — |
| Blackstone BX | $95.2B | 9.2% | — | 31.5% | 22.1% | 26.6x | — |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $114.37 a share, the company is worth $69.8B: 41.9 times its earnings of the last four quarters.
Apollo Global Management grew sales faster than 4 of its 4 similar companies. Its P/E is higher than 3 of 3.
Source: SEC EDGAR XBRL filings (CIK 0001858681). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.