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Apollo Global Management, Inc.

Apollo Global Management, Inc.

NYSE•APO
CEO: Mr. Marc Jeffrey Rowan
Sector: Financial Services
Industry: Asset Management - Global
Listing Date: 2011-03-30
Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. The firm prefers to invest in private and public markets. The firm's private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions. For credit strategies, the firm focuses to invest in multi-sector credit, semi-liquid credit, direct lending, first lien, unitranche, whole loans and private credit. The firm provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors. It manages client focused portfolios. The firm launches and manages hedge funds for its clients. It also manages real estate funds and private equity funds for its clients. The firm invests in the fixed income and alternative investment markets across the globe. Its fixed income investments include income-oriented senior loans, bonds, collateralized loan obligations, structured credit, opportunistic credit, non-performing loans, distressed debt, mezzanine debt, and value oriented fixed income securities. The firm seeks to invest in chemicals, commodities, consumer and retail, oil and gas, metals, mining, agriculture, commodities, distribution and transportation, financial and business services, manufacturing and industrial, media distribution, cable, entertainment and leisure, telecom, technology, natural resources, energy, packaging and materials, and satellite and wireless industries. It also focuses on clean energy, sustainable industry, climate solutions, energy transition, industrial decarbonization, sustainable mobility, sustainable resource use, and sustainable real estate. It seeks to invest in companies based in across Africa, Asia, North America with a focus on United States, Western Europe and Europe. It employs a combination of contrarian, value, and distressed strategies to make its investments. The firm seeks to make investments in the range of $75 million and $1500 million. The firm seeks to invest in companies with Enterprise value between $750 million to $2500 million. The firm conducts in-house research to create its investment portfolio. It seeks to acquire minority and majority positions in its portfolio companies. Apollo Global Management, Inc. was founded in 1990 and is headquartered in New York, New York with additional offices in North America, Asia, Africa and Europe.
Contact Information
9 West 57th Street, 42nd Floor, New York, NY, 10019, United States
212-515-3200
www.apollo.com/institutional/homepage
Market Cap
$83.51B
P/E (TTM)
20.0
0
Dividend Yield
1.4%
52W High
$174.91
52W Low
$102.58
52W Range
57%
Rank41Top 44.9%
4.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025

Financial Dashboard

Q3 2025 Data

Revenue

$9.82B+26.37%
4-Quarter Trend

EPS

$2.91+125.58%
4-Quarter Trend

FCF

$303.00M-83.66%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Net Income Soars 117.5% Net income common stockholders $1.71B (3Q'25), reflecting massive $925M increase versus prior period results.
Total Revenue Increased 6.5% Nine months revenues reached $22.19B (2025), showing $1.35B growth compared to the prior nine months period.
Asset Management Fee Revenue Fee Related Earnings $652M (3Q'25), driven by $121M growth, up 22.8% from prior period results.
Bridge Acquisition Closed Completed Bridge acquisition for $1.36B consideration; recognized $1.6B goodwill within Asset Management segment.

Risk Factors

Investment Performance Volatility Principal Investing Income PII is inherently volatile due to cyclical nature of performance fees earned from funds.
Interest Rate Sensitivity Exposure 100 basis point parallel rate increase estimates $3.5B net income (loss) impact before tax for Athene portfolio.
Contingent Performance Obligations Apollo faces potential reversal of performance allocations up to $6.0B if existing investments become worthless.
Tax/Regulatory Uncertainty Remains Applicability of G7 Pillar Two exclusion to Bermuda CIT regime remains unclear, potentially impacting future tax.

Outlook

Support Future Business Growth Primary liquidity need is supporting future growth via strategic corporate investments and paying operating expenses.
Remaining Capital Commitments Unfunded capital commitments total $555M for Company and $38.8B for Athene related to future investments.
Dividend Payments Declared Declared common dividend of $0.51 per share and preferred dividend of $0.8438 per share in November 2025.
Asset Management AUM Focus Expect to grow Apollo's Assets Under Management and generate positive investment performance long term.

Peer Comparison

Revenue (TTM)

Apollo Global Management, Inc.APO
$27.47B
-13.8%
BlackRock, Inc.BLK
$24.22B
+18.7%
KKR & Co. Inc.KKR
$16.72B
-26.7%

Gross Margin (Latest Quarter)

Apollo Global Management, Inc.APO
96.2%
-0.1pp
TPG Inc.TPG
96.2%
+139.0pp
Blackstone Inc.BX
95.5%
-0.8pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
BX$196.21B47.232.9%28.6%
BLK$180.47B32.511.1%0.0%
KKR$117.14B49.88.6%13.7%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
23.0%
Strong Growth
4Q Net Income CAGR
6.5%
Profitability Improving
Cash Flow Stability
75%
Volatile Cash Flow

Research & Insights

Next earnings:Feb 3, 2026
|
EPS:$2.07
|
Revenue:$1.19B
Reports
All Years
  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 10, 2025|
    Revenue: $9.82B+26.4%
    |
    EPS: $2.91+125.6%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 7, 2025|
    Revenue: $6.81B+13.2%
    |
    EPS: $1.03-24.3%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 7, 2025|
    Revenue: $5.55B-21.2%
    |
    EPS: $0.68-70.6%
    Miss
  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 24, 2025|
    Revenue: $26.11B-20.0%
    |
    EPS: $7.39-11.2%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 6, 2024|
    Revenue: $7.77B+199.5%
    |
    EPS: $1.29+17.3%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 8, 2024|
    Revenue: $6.02B-56.1%
    |
    EPS: $1.36+36.5%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 7, 2024|
    Revenue: $7.04B+32.8%
    |
    EPS: $2.31+38.0%
    Beat
  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 27, 2024|
    Revenue: $32.64B+197.6%
    |
    EPS: $8.32+342.6%
    Beat