APO

Apollo Global Management
D

APO

Arincen73/100B

If you had invested in Apollo Global Management ago, it would be worth $9,292 today, against $4,096 in SPY and $6,368 in QQQ.

ArincenArincen ScoreBeta

73/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth8

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders4

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

Apollo Global Management key facts

Style
Speculative (losing money)
Day range
121.520 – 123.250
52-week range
99.560 – 153.290
Market capitalization
72.53B USD
P/E
6,141.00
PEG ratio
203.98
EPS
0.02
Div Yield
1.83%
EPS growth forecast (FY2026)
+2.4%
Volume
26,867
Beta
1.50
ESG score
74.0/100Environment 74 · Social 74 · Governance 74
Sector
Financial Services
Industry
Asset Management
CEO
Marc Jeffrey Rowan
Employees
6K
Website
apollo.com
IPO date
30 Mar 2011

Apollo Global Management earnings

Next earnings · Q4 FY2026
EPS estimate
2.42 USD
Revenue estimate
6.15B USD
Last quarter · Q3 FY2026
EPS2.07Missed -5.5%Revenue4.74BMissed -18.2%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q3 FY20272.72——+31.41%6.95B——+46.61%
Q2 FY20272.58——+22.39%6.67B——-40.17%
Q1 FY20272.46——+26.56%6.42B——+26.91%
Q4 FY20262.42——-2.02%6.15B——-37.66%
Q3 FY20262.192.07-5.48%-3.27%5.79B4.74B-18.16%-51.76%
Q2 FY20262.162.11-2.31%+9.90%5.65B11.15B+97.44%+63.68%
Q1 FY20261.891.94+2.65%+6.59%5.19B5.06B-2.51%-8.81%
Q4 FY20252.042.47+21.08%+11.26%4.77B9.86B+106.75%+86.71%
Q3 FY20251.902.14+12.63%+18.23%4.92B9.82B+99.64%+26.37%
Q2 FY20251.841.92+4.35%+17.07%4.57B6.81B+49.11%+13.23%

Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved

Apollo Global Management analyst forecast

12-month price target
139.00 USD
+13.17%

Analysts' 1-year price targets range from 127.00 to 145.00, with an average of 139.00.

Past year
1-year forecast
Strong sellStrong buy
Buy
12 ratings
Buy
9
Hold
3
Sell
0

12-month price target

Highest target145.00
Average target139.00
Lowest target127.00
Current price122.82

Apollo Global Management valuation

Price to earnings ratio (TTM)
6,141.00
Forward P/E (FY2026)
14.37
Price to sales (TTM)
2.35
Price to book
4.55
EV / EBITDA (TTM)
12.65

Capital structure

Market capitalization
72.53B USD
+
Total debt
15.25B USD
−
Cash and short-term investments
21.78B USD
=
Enterprise value
66.00B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)10.07————
FY2027 (est.)11.5810.07———
FY2026 (est.)14.3711.58———
Now (TTM)6,141.0011.892.354.5512.65
FY202525.949.742.753.779.69
FY202422.359.743.715.6110.31
FY202311.209.741.663.866.97
FY2022-18.609.743.405.62-10.02
FY20219.8913.682.884.525.17

Apollo Global Management against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Brookfield Asset Management, KKR & Co., State Street, Ameriprise Financial, Ares Management, and Blackstone, the US Asset Management companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • Gross marginAt its median95.5%
    86.9%96.9%
    Against its peers: 1 of 7Peers' median 65.8%
  • Operating marginAt its median25.8%
    -39.9%33.2%
    Against its peers: 4 of 7Peers' median 26.4%
  • Net marginBelow its median10.9%
    -17.9%30.9%
    Against its peers: 6 of 7Peers' median 15.9%
  • Return on equityBelow its median15.0%
    -29.5%48.5%
    Against its peers: 4 of 7Peers' median 21.5%
  • Free cash flow marginAbove its median22.6%
    12.5%32.7%
    Against its peers: 4 of 7Peers' median 31.1%
  • Revenue growthBelow its median22.7%
    -20.0%197.6%
    Against its peers: 2 of 7Peers' median 10.5%
  • EPS growthBelow its median-24.4%
    -146.9%1,563.6%
    Against its peers: 6 of 7Peers' median 8.6%
  • Debt to EBITDAAbove its median1.58×
    1.20×2.45×
    Against its peers: 3 of 7Peers' median 3.61×
  • Current ratioAt its median0.78
    0.630.82
    Against its peers: 6 of 7Peers' median 1.83

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Apollo Global Management growth and profitability

Revenue (TTM)
30.87B USD
Net income (TTM)
-918.00M USD
Gross margin
70.64%
Operating margin
13.34%
Net margin
-2.97%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY202532.05B+22.73%3.49B-21.10%95.50%25.77%10.90%8.48B-4.19%
FY202426.11B-20.00%4.43B-9.32%95.63%31.78%16.95%8.85B+33.13%
FY202332.64B+197.63%4.88B—96.85%18.83%14.95%6.65B—
FY202210.97B+84.31%-1.96B-206.63%91.55%-39.89%-17.88%-3.50B-160.33%
FY20215.95B+152.80%1.84B+1,071.34%86.93%33.20%30.90%5.80B+508.08%

Apollo Global Management revenue breakdown

By product

FY2025
Retirement Services: 84.4%Asset Management: 15.6%84.4%Retirement Services15.6%Asset Management
SegmentRevenueShare of revenueChange on the year
Retirement Services27.05B84.4%+23.3%
Asset Management5.00B15.6%+19.7%

By region

FY2020
100.0%Private Equity
RegionRevenueShare of revenueChange on the year
Private Equity631.20M100.0%—

How Apollo Global Management makes its money

Retirement Services27.05B 84.4%
Asset Management5.00B 15.6%
Revenue32.05B 100.0%
Cost of revenue1.44B 4.5%
Gross profit30.61B 95.5%
Selling and administration3.10B 9.7%
Other operating expenses19.25B 60.1%
Operating income8.26B 25.8%
Tax1.28B 4.0%
Other expense3.49B 10.9%
Net income3.49B 10.9%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

Apollo Global Management dividends

Annual dividend
2.25 USD
Dividend yield (indicated)
1.83%
Payout ratio
13,537.50%
Years of dividend growth
4
Frequency
Quarterly
Next payment
0.56 USD
Next ex-dividend date
18 Nov 2026
Next payment date
30 Nov 2026

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share1.991.821.691.602.102.312.021.931.851.25

Apollo Global Management financial health

Cash and short-term investments
21.78B USD
Total debt
15.25B USD
Net cash
6.53B USD
Free cash flow (TTM)
9.67B USD
Current ratio
2.35
Debt to equity
0.96
Piotroski score
3 / 9
Altman Z-score
0.25

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY2025248.06B13.36B7.25B
FY2024205.98B10.59B3.25B
FY2023170.24B8.09B6.32B
FY2022127.37B7.19B3.59B
FY20211.38B14.19B999.31M

Apollo Global Management ownership

Institutions
66.02%
Institutional holders
1,248 (+31)
Free float
78.73%

Who owns the shares

Institutions 66.0% Others 34.0%
As of 30 Jun 2026

Shares free to trade

Free float 464.94M shares ·78.7% Closely held 125.61M shares ·21.3%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q4 2026020.007.34K
Q3 20260114.70K3.04M
Q2 20260411.83K210.94K
Q1 202600630.40K304.28K

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY2025607.91M607.91M+0.64%
FY2024586.07M604.04M+2.58%
FY2023581.38M588.85M+0.71%
FY2022584.69M584.69M+147.16%
FY2021236.57M236.57M+3.97%

Source: Financial Modeling Prep

Related Instruments

Title: Apollo Global Management

Sector: Financial Services
Industry: Asset Management
Apollo is one of the world's largest alternative asset managers, with $1.047 trillion in total assets under management, or AUM, including $858.0 billion in fee-earning assets, at the end of June 2026. The company has two core operating segments: asset management and retirement services. Apollo operates with scale in most of its major asset management endeavors-private equity (with an estimated $137.2 billion in total AUM and $76.3 billion in fee-earning AUM), real estate/real assets ($60.8 billion/$27.6 billion), and credit ($849.3 billion/$754.1 billion). Apollo has a distribution profile that is likely not too far off from the industry averages-with 84% of its assets held by institutional investors and 16% by high-net-worth clients.

Common questions about Apollo Global Management stock