Apollo Global Management
Market Cap
US$21.1b
Last Updated
2020/08/11 00:31 UTC
Data Sources
Company Financials +
Executive Summary
Apollo Global Management, Inc. is a publicly owned investment manager.
Rewards
Snowflake Analysis
Similar Companies
Share Price & News
How has Apollo Global Management's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: APO has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.6%
APO
1.4%
US Capital Markets
1.2%
US Market
1 Year Return
45.2%
APO
8.1%
US Capital Markets
16.8%
US Market
Return vs Industry: APO exceeded the US Capital Markets industry which returned 8% over the past year.
Return vs Market: APO exceeded the US Market which returned 16.4% over the past year.
Shareholder returns
| APO | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | 1.4% | 1.2% |
| 30 Day | -2.6% | 0.8% | 4.9% |
| 90 Day | 17.1% | 15.4% | 20.0% |
| 1 Year | 53.6%45.2% | 10.4%8.1% | 19.3%16.8% |
| 3 Year | 92.5%60.4% | 24.4%16.9% | 43.7%34.4% |
| 5 Year | 234.0%143.7% | 57.0%41.8% | 75.5%56.6% |
Price Volatility Vs. Market
How volatile is Apollo Global Management's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Apollo Global Management undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: APO ($48.77) is trading below our estimate of fair value ($109.89)
Significantly Below Fair Value: APO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: APO is unprofitable, so we can't compare its PE Ratio to the US Capital Markets industry average.
PE vs Market: APO is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate APO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: APO is overvalued based on its PB Ratio (29.8x) compared to the US Capital Markets industry average (9.3x).
Future Growth
How is Apollo Global Management forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
14.8%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if APO's forecast earnings growth is above the savings rate (2.2%).
Earnings vs Market: Insufficient data to determine if APO's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: APO's revenue (14.8% per year) is forecast to grow faster than the US market (9.4% per year).
High Growth Revenue: APO's revenue (14.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: APO's Return on Equity is forecast to be very high in 3 years time (94.2%).
Past Performance
How has Apollo Global Management performed over the past 5 years?
-1.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: APO is currently unprofitable.
Growing Profit Margin: APO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: APO is unprofitable, and losses have increased over the past 5 years at a rate of 1.8% per year.
Accelerating Growth: Unable to compare APO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: APO is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (13.5%).
Return on Equity
High ROE: APO has a negative Return on Equity (-9.56%), as it is currently unprofitable.
Financial Health
How is Apollo Global Management's financial position?
Financial Position Analysis
Short Term Liabilities: APO's short term assets ($1.5B) exceed its short term liabilities ($746.6M).
Long Term Liabilities: APO's short term assets ($1.5B) do not cover its long term liabilities ($13.0B).
Debt to Equity History and Analysis
Debt Level: APO's debt to equity ratio (73.8%) is considered high.
Reducing Debt: APO's debt to equity ratio has reduced from 116.6% to 73.8% over the past 5 years.
Debt Coverage: APO's debt is well covered by operating cash flow (53%).
Interest Coverage: Insufficient data to determine if APO's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is Apollo Global Management current dividend yield, its reliability and sustainability?
4.82%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: APO's dividend (4.82%) is higher than the bottom 25% of dividend payers in the US market (1.62%).
High Dividend: APO's dividend (4.82%) is in the top 25% of dividend payers in the US market (4.35%)
Stability and Growth of Payments
Stable Dividend: APO has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: APO's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: APO is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: APO's dividends in 3 years are forecast to be covered by earnings (88.4% payout ratio).
Management
How experienced are the management team and are they aligned to shareholders interests?
4.6yrs
Average management tenure
CEO
Leon Black (68 yo)
30.58yrs
Tenure
US$260,175
Compensation
Mr. Leon David Black serves as the President at Apollo Global Real Estate Management, L.P. He serves as a Vice President in Apollo Capital Management, L.P. He serves as Vice President in Apollo Credit Mana ...
CEO Compensation Analysis
Compensation vs Market: Leon's total compensation ($USD260.18K) is below average for companies of similar size in the US market ($USD11.30M).
Compensation vs Earnings: Leon's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 30.58yrs | US$260.18k | 4.94% $ 1.0b | |
| Co-President | 2.58yrs | US$18.62m | 0.26% $ 55.7m | |
| Co-Founder | 13.08yrs | no data | 1.99% $ 419.6m | |
| Co-Founder | no data | no data | 0.59% $ 124.5m | |
| CFO & Co-COO | 8.58yrs | US$5.51m | 0.088% $ 18.5m | |
| Co-COO & VP | 1.58yrs | US$3.13m | 0.40% $ 84.7m | |
| Chief Legal Officer | 14.58yrs | US$4.18m | 0.27% $ 57.6m | |
| President & Head of Capital Markets | no data | no data | no data | |
| Co-President | 2.58yrs | US$85.39m | 0.54% $ 113.3m | |
| COO, Legal Tax & Compliance | 4.58yrs | no data | no data | |
| MD & Chief Operating Officer | 3.58yrs | no data | no data | |
| Managing Director & Chief Information Officer | no data | no data | no data |
4.6yrs
Average Tenure
56yo
Average Age
Experienced Management: APO's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 30.58yrs | US$260.18k | 4.94% $ 1.0b | |
| Co-Founder | 13.08yrs | no data | 1.99% $ 419.6m | |
| Independent Director | 9.25yrs | US$276.82k | 0.023% $ 4.9m | |
| Independent Director | 9.42yrs | US$276.82k | 0.024% $ 5.1m | |
| Independent Director | 9.58yrs | US$261.54k | 0.13% $ 28.4m | |
| Independent Director | 6.25yrs | US$226.82k | 0.15% $ 32.1m | |
| Chairman of the Asia Pacific Advisory Board | no data | no data | no data |
9.5yrs
Average Tenure
71yo
Average Age
Experienced Board: APO's board of directors are considered experienced (9.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: APO insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.5%.
Top Shareholders
Company Information
Apollo Global Management, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Apollo Global Management, Inc.
- Ticker: APO
- Exchange: NYSE
- Founded: 1990
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$21.132b
- Market Cap: US$11.178b
- Shares outstanding: 433.22m
- Website: https://www.apollo.com
Number of Employees
Location
- Apollo Global Management, Inc.
- 9 West 57th Street
- 43rd Floor
- New York
- New York
- 10019
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| APO | XNYS (New York Stock Exchange, Inc. Floor) | Yes | Class A Common Stock | US | USD | Mar 2011 |
| AG31 | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | Mar 2011 |
| APO * | BMV (Bolsa Mexicana de Valores) | Yes | Class A Common Stock | MX | MXN | Mar 2011 |
| APO | NYSE (New York Stock Exchange) | Yes | Class A Common Stock | US | USD | Mar 2011 |
| APO.PRA | NYSE (New York Stock Exchange) | 6.375% PFD SER A | US | USD | Feb 2017 | |
| APO.PRB | NYSE (New York Stock Exchange) | 6.375% PFD SER B | US | USD | Mar 2018 |
Biography
Apollo Global Management, Inc. is a publicly owned investment manager. The firm primarily provides its services to endowment and sovereign wealth funds, as well as other institutional and individual invest ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/11 00:31 |
| End of Day Share Price | 2020/08/10 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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 here.