Apollo Global Management, Inc.

NYSE:APO Stock Report

Market Cap: US$73.8b

Apollo Global Management Past Earnings Performance

Past criteria checks 2/6

Apollo Global Management has been growing earnings at an average annual rate of 27.7%, while the Diversified Financial industry saw earnings growing at 13.5% annually. Revenues have been growing at an average rate of 32.1% per year. Apollo Global Management's return on equity is 7.7%, and it has net margins of 3.7%.

Key information

27.67%

Earnings growth rate

8.81%

EPS growth rate

Diversified Financial Industry Growth6.15%
Revenue growth rate32.10%
Return on equity7.72%
Net Margin3.69%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Seeking Alpha • Jun 04

Apollo Global Is Attractive Despite Private Credit Headlines

Summary Apollo Global remains a 'buy' despite sector pressures, with a fair value estimate of $154, nearly 25% above current levels. APO is largely insulated from private credit and software sector risks, with only 2% credit exposure to software and no private equity software exposure. Q1 results showed $1.94 EPS (beat by $0.06), $1.03T AUM (+$90B sequentially), 30% FRE growth, and $74B in dry powder supporting future fee growth. Management reiterated 20%+ FRE and 10%+ spread income growth guidance, supported by strong balance sheet, secure 1.8% yield, and increased buybacks. Read the full article on Seeking Alpha
Narrative Update • Oct 29

S&P 500 Inclusion And Global Renaissance Will Drive Opportunity

Narrative Update on Apollo Global Management Apollo Global Management's analyst price target has been revised downward by $3.64 to $158.22, as analysts cite changes in growth expectations and updated discount rate assumptions. What's in the News Apollo launched Apollo Sports Capital, a new investment business providing capital solutions for the global sports and live events sector.

Revenue & Expenses Breakdown

How Apollo Global Management makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:APO Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2631,2871,1554,6360
31 Dec 2531,7933,5034,5390
30 Sep 2527,2174,0644,2120
30 Jun 2525,1763,1593,9730
31 Mar 2524,3873,6723,9240
31 Dec 2425,8884,6313,7780
30 Sep 2431,6715,5603,9690
30 Jun 2425,9575,4373,8150
31 Mar 2433,6635,2173,6340
31 Dec 2331,9445,1673,5940
30 Sep 2325,7562,8183,1100
30 Jun 2326,7001,6092,8860
31 Mar 2315,284-6162,6100
31 Dec 2210,844-2,0072,6250
30 Sep 227,195-2,4182,6150
30 Jun 225,290-1,6032,6750
31 Mar 224,3836712,9210
31 Dec 215,8131,7303,0260
30 Sep 215,9131,9332,9330
30 Jun 215,8531,9452,8120
31 Mar 215,9811,7462,7480
31 Dec 202,2211011,4460
30 Sep 201,846-1691,3550
30 Jun 201,537-841,2030
31 Mar 20674-3618580
31 Dec 192,8337711,5500
30 Sep 191,8174191,0600
30 Jun 191,6442361,0170
31 Mar 191,5391421,0100
31 Dec 181,034-608550
30 Sep 182,0793191,1660
30 Jun 182,2753571,2060
31 Mar 182,2033871,1610
31 Dec 172,7195951,2970
30 Sep 172,4765771,2810
30 Jun 172,2694771,2000
31 Mar 172,4835601,2810
31 Dec 162,0303881,0820
30 Sep 161,4412309380
30 Jun 161,1351748460
31 Mar 16829597420
31 Dec 151,0121068020
30 Sep 151,0941107630
30 Jun 151,122667560

Quality Earnings: APO has high quality earnings.

Growing Profit Margin: APO's current net profit margins (3.7%) are lower than last year (15.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: APO's earnings have grown significantly by 27.7% per year over the past 5 years.

Accelerating Growth: APO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: APO had negative earnings growth (-68.5%) over the past year, making it difficult to compare to the Diversified Financial industry average (8.6%).

Return on Equity

High ROE: APO's Return on Equity (7.7%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/08 06:11
End of Day Share Price 2026/06/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Apollo Global Management, Inc. is covered by 28 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Stephen BiggarArgus Research Company
Roger FreemanBarclays
Benjamin BudishBarclays