Apollo Global Management Future Growth

Future criteria checks 2/6

Apollo Global Management's revenue is forecast to decline at 52% per annum while its annual earnings are expected to grow at 6.3% per year. EPS is expected to grow by 6.6% per annum. Return on equity is forecast to be 23.8% in 3 years.

Key information

6.3%

Earnings growth rate

6.6%

EPS growth rate

Diversified Financial earnings growth	-4.4%
Revenue growth rate	-52.0%
Future return on equity	23.8%
Analyst coverage	Good
Last updated	20 Dec 2024

Recent future growth updates

Recent updates

Apollo: The S&P 500 Entry Doesn't Compensate The New Valuation (Rating Downgrade)

Dec 10

Subdued Growth No Barrier To Apollo Global Management, Inc. (NYSE:APO) With Shares Advancing 25%

Dec 05

Apollo Investor Day's Mysteries

Oct 24

Apollo Global Management, Inc.'s (NYSE:APO) Price Is Right But Growth Is Lacking After Shares Rocket 25%

Oct 06

We Ran A Stock Scan For Earnings Growth And Apollo Global Management (NYSE:APO) Passed With Ease

Sep 24

This Is Why Apollo Global Management, Inc.'s (NYSE:APO) CEO Can Expect A Bump Up In Their Pay Packet

Jun 19

Baron Funds - Apollo Global: Tightening Bank Capital Requirements A Multi-Trillion Dollar Opportunity

May 10

Blackstone's Results Confirm Apollo Is A Better Alternative

Apr 25

Earnings and Revenue Growth Forecasts

NYSE:APO - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	5,015	5,867	N/A	N/A	8
12/31/2025	4,241	5,077	5,239	N/A	8
12/31/2024	3,651	4,395	4,377	N/A	8
9/30/2024	31,671	5,560	5,321	5,321	N/A
6/30/2024	25,957	5,437	3,103	3,103	N/A
3/31/2024	33,663	5,217	5,321	5,321	N/A
12/31/2023	31,944	4,835	6,322	6,322	N/A
9/30/2023	25,756	2,818	5,723	5,723	N/A
6/30/2023	26,700	1,609	8,431	8,431	N/A
3/31/2023	15,284	-616	8,853	8,853	N/A
12/31/2022	10,844	-2,007	3,789	3,789	N/A
9/30/2022	7,195	-2,418	1,251	1,251	N/A
6/30/2022	5,290	-1,603	-49	-49	N/A
3/31/2022	4,383	671	-2,700	-2,700	N/A
12/31/2021	5,813	1,730	1,064	1,064	N/A
9/30/2021	5,913	1,933	-1,006	-994	N/A
6/30/2021	5,853	1,945	-1,483	-1,461	N/A
3/31/2021	5,981	1,746	-2,754	-2,713	N/A
12/31/2020	2,221	101	-1,616	-1,616	N/A
9/30/2020	1,846	-169	1,693	1,762	N/A
6/30/2020	1,537	-84	1,502	1,569	N/A
3/31/2020	674	-361	1,605	1,658	N/A
12/31/2019	2,833	771	1,043	1,083	N/A
9/30/2019	1,817	419	855	878	N/A
6/30/2019	1,644	236	851	870	N/A
3/31/2019	1,539	142	1,047	1,065	N/A
12/31/2018	1,034	-60	800	814	N/A
9/30/2018	2,079	319	948	960	N/A
6/30/2018	2,275	357	N/A	835	N/A
3/31/2018	2,203	387	N/A	678	N/A
12/31/2017	2,719	595	N/A	860	N/A
9/30/2017	2,476	577	N/A	712	N/A
6/30/2017	2,269	477	N/A	733	N/A
3/31/2017	2,483	560	N/A	715	N/A
12/31/2016	2,030	388	N/A	600	N/A
9/30/2016	1,441	230	N/A	590	N/A
6/30/2016	1,135	174	N/A	574	N/A
3/31/2016	829	59	N/A	605	N/A
12/31/2015	1,012	106	N/A	583	N/A
9/30/2015	1,094	110	N/A	481	N/A
6/30/2015	1,122	66	N/A	-1,000	N/A
3/31/2015	1,345	65	N/A	-683	N/A
12/31/2014	1,538	96	N/A	-373	N/A
9/30/2014	2,058	227	N/A	-158	N/A
6/30/2014	2,969	397	N/A	206	N/A
3/31/2014	2,891	395	N/A	662	N/A
12/31/2013	3,704	565	N/A	1,134	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: APO's forecast earnings growth (6.3% per year) is above the savings rate (2.6%).

Earnings vs Market: APO's earnings (6.3% per year) are forecast to grow slower than the US market (15.3% per year).

High Growth Earnings: APO's earnings are forecast to grow, but not significantly.

Revenue vs Market: APO's revenue is expected to decline over the next 3 years (-52% per year).

High Growth Revenue: APO's revenue is forecast to decline over the next 3 years (-52% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: APO's Return on Equity is forecast to be high in 3 years time (23.8%)

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 00:40
End of Day Share Price	2024/12/24 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

Apollo Global Management, Inc. is covered by 29 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Stephen Biggar	Argus Research Company
Benjamin Budish	Barclays
Roger Freeman	Barclays

Apollo Global Management Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Price target increased by 8.0% to US$158

Price target increased by 7.7% to US$138

Price target increased by 7.1% to US$137

Recent updates

Co-Founder notifies of intention to sell stock

Apollo: The S&P 500 Entry Doesn't Compensate The New Valuation (Rating Downgrade)

Insider recently sold US$173m worth of stock

Subdued Growth No Barrier To Apollo Global Management, Inc. (NYSE:APO) With Shares Advancing 25%

An unknown fund managed by Apollo Global Management, Inc. (NYSE:APO) acquired an unknown stake in Panasonic Automotive Systems Co., Ltd. from Panasonic Holdings Corporation (TSE:6752).

Apollo Global Management, Inc. (NYSE:APO) acquired undisclosed majority stake The State Group, Inc. from Blue Wolf Capital Fund IV, L.P., Blue Wolf Capital Partners LLC and Yellow Point Equity Partners LP.

Apollo Appoints Jay Hyun Lee as Partner and Head of Korea

Price target increased by 8.0% to US$158

Third quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Apollo Global Management, Inc. Declares Cash Dividend on Its Common Stock for the Third Quarter Ended September 30, 2024, Payable on November 29, 2024

DigitalBridge Group, Inc. (NYSE:DBRG) signed an agreement to acquire Yondr Group.

Apollo Investor Day's Mysteries

Apollo Launches Evergreen Secondaries Products for Global Wealth Investors

Apollo Global Management, Inc. to Report Q3, 2024 Results on Nov 05, 2024

Price target increased by 7.7% to US$138

Funds managed by affiliates of Apollo Global Management, Inc. (NYSE:APO) entered into a definitive agreement to acquire Barnes Group Inc. (NYSE:B) for $2.5 billion.

Apollo Global Management, Inc.'s (NYSE:APO) Price Is Right But Growth Is Lacking After Shares Rocket 25%

Apollo Global Reportedly in Talks to Buy Barnes Group

Price target increased by 7.1% to US$137

Apollo Reportedly Eyes $5 Billion Investment in Intel

We Ran A Stock Scan For Earnings Growth And Apollo Global Management (NYSE:APO) Passed With Ease

PE For The People: Apollo's Playbook For Prosperity

Funds managed by Apollo Global Management, Inc. (NYSE:APO) entered into agreement to acquire 20% stake in Trans Adriatic Pipeline AG from BP p.l.c. (LSE:BP.) in a transaction valued at $1 billion.

Funds managed by Apollo Global Management, Inc. (NYSE:APO) entered into agreement to acquire 20% stake in Trans Adriatic Pipeline AG from BP p.l.c. (LSE:BP.) in a transaction valued at $1 billion.

Apollo Global Management, Inc. (NYSE:APO) agreed to acquire an unknown minority stake in Trans Adriatic Pipeline AG from BP p.l.c. (LSE:BP.) in a transaction valued at $1.0 billion.

Eni Reportedly in Talks with Funds on Another Plenitude Stake Sale

Apollo Global Management, Inc. (NYSE:APO) acquired an unknown majority stake in Freedom CNG Group LLC.

Apollo Global Management, Inc. (NYSE:APO) agreed to acquire Beequip B.V from NIBC Investments NV.

Board Member recently sold US$11m worth of stock

Board Member notifies of intention to sell stock

Apollo-managed affiliates, funds and other long-term investors of Apollo Global Management, Inc. (NYSE:APO) entered into an definitive agreement to acquire 50% stake in Vale Oman Distribuition Center LLC from Vale International S.A. for $600 million.

ArcelorMittal S.A. (ENXTAM:MT) completed the acquisition of 28.4% stake in Vallourec S.A. (ENXTPA:VK) from funds managed by Apollo Global Management, Inc. (NYSE:APO).

ArcelorMittal S.A. (ENXTAM:MT) completed the acquisition of 28.4% stake in Vallourec S.A. (ENXTPA:VK) from funds managed by Apollo Global Management, Inc. (NYSE:APO).

Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Apollo Stock Punished For Less Than Stellar Quarter - Nothing To Worry About

Apollo Global Management, Inc. Declares Cash Dividend on Its Common Stock for the Second Quarter Ended June 30, 2024, Payable on August 30, 2024

Apollo Global Management, Inc. (NYSE:APO) entered into definitive agreement to acquire Everi Holdings Inc. (NYSE:EVRI) for $1.2 billion.

Archrock, Inc. (NYSE:AROC) entered into a definitive agreement to acquire Total Operations and Production Services, LLC from Apollo Global Management, Inc. (NYSE:APO) for approximately $980 million.

Funds managed by Apollo Global Management, Inc. (NYSE:APO) have entered into definitive agreement to acquire The Travel Corporation from a family.

Apollo Global Management, Inc. to Report Q2, 2024 Results on Aug 01, 2024

Lithia Marubeni Mobility Holding, LLC agreed to acquire 27.20% stake in Wheels, Inc. from Apollo Global Management, Inc. (NYSE:APO).

Apollo: On Its Way To $1 Trillion AUM While Displaying A Fair Valuation

This Is Why Apollo Global Management, Inc.'s (NYSE:APO) CEO Can Expect A Bump Up In Their Pay Packet

CFO & Partner recently sold US$3.3m worth of stock

CFO & Partner notifies of intention to sell stock

Paramount Global Reportedly in Talks to Open its Books to Sony Pictures and Apollo