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Apollo Global Mgmt Inc Financials

APO
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Apollo Global Mgmt Inc (APO) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Piotroski F-Score Neutral
4/9

Apollo Global Mgmt Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed
2.08x

For every $1 of reported earnings, Apollo Global Mgmt Inc generates $2.08 in operating cash flow ($7.2B OCF vs $3.5B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue
$32.0B
YoY+22.7%
5Y CAGR+68.6%

Apollo Global Mgmt Inc generated $32.0B in revenue in fiscal year 2025. This represents an increase of 22.7% from the prior year.

EBITDA
N/A
Net Income
$3.5B
YoY-23.7%
5Y CAGR+86.0%

Apollo Global Mgmt Inc reported $3.5B in net income in fiscal year 2025. This represents a decrease of 23.7% from the prior year.

EPS (Diluted)
$5.54
YoY-24.4%
5Y CAGR+66.0%

Apollo Global Mgmt Inc earned $5.54 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 24.4% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$20.6B
YoY+20.3%
5Y CAGR+67.6%

Apollo Global Mgmt Inc held $20.6B in cash against $13.4B in long-term debt as of fiscal year 2025.

Dividends Per Share
$1.99
YoY+9.9%
5Y CAGR-2.9%

Apollo Global Mgmt Inc paid $1.99 per share in dividends in fiscal year 2025. This represents an increase of 9.9% from the prior year.

Shares Outstanding
579M
YoY+2.3%

Apollo Global Mgmt Inc had 579M shares outstanding in fiscal year 2025. This represents an increase of 2.3% from the prior year.

Margins & Returns

Gross Margin
N/A
Operating Margin
N/A
Net Margin
10.9%
YoY-6.6pp
5Y CAGR+4.2pp

Apollo Global Mgmt Inc's net profit margin was 10.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 6.6 percentage points from the prior year.

Return on Equity
15.0%
YoY-11.6pp
5Y CAGR+12.1pp

Apollo Global Mgmt Inc's ROE was 15.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 11.6 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$773.0M
YoY-13.1%
5Y CAGR+53.1%

Apollo Global Mgmt Inc spent $773.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 13.1% from the prior year.

Capital Expenditures
N/A

APO Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $9.9B+0.4% $9.8B+44.2% $6.8B+22.8% $5.5B+5.0% $5.3B-32.0% $7.8B+29.2% $6.0B-14.5% $7.0B
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses N/A N/A N/A N/A N/A N/A N/A N/A
Operating Income N/A N/A N/A N/A N/A N/A N/A N/A
Interest Expense $174.0M+4.8% $166.0M+16.1% $143.0M+5.9% $135.0M-4.3% $141.0M+17.5% $120.0M+0.8% $119.0M+26.6% $94.0M
Income Tax $592.0M+35.2% $438.0M+14500.0% $3.0M-98.8% $243.0M+291.9% $62.0M-80.4% $317.0M+21.5% $261.0M-38.2% $422.0M
Net Income $684.0M-60.6% $1.7B+175.6% $630.0M+42.5% $442.0M-70.3% $1.5B+83.2% $811.0M-4.9% $853.0M-40.2% $1.4B
EPS (Diluted) N/A $2.78+180.8% $0.99+45.6% $0.68 N/A $1.29-4.4% $1.35-40.8% $2.28

APO Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $460.9B+2.5% $449.5B+7.1% $419.6B+6.2% $395.0B+4.5% $377.9B+2.5% $368.7B+6.4% $346.5B+3.7% $334.1B
Current Assets N/A N/A N/A N/A N/A N/A N/A N/A
Cash & Equivalents $20.6B-2.9% $21.2B+41.6% $15.0B-3.5% $15.5B-9.3% $17.1B-2.9% $17.6B-2.0% $18.0B-8.8% $19.7B
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable N/A N/A N/A N/A N/A N/A N/A N/A
Goodwill $5.9B N/A N/A N/A $4.3B N/A N/A N/A
Total Liabilities $418.4B+2.1% $409.7B+6.2% $385.7B+6.3% $362.7B+4.6% $346.9B+2.9% $337.1B+6.0% $318.1B+3.6% $307.0B
Current Liabilities N/A N/A N/A N/A N/A N/A N/A N/A
Long-Term Debt $13.4B+5.8% $12.6B+4.0% $12.1B+14.8% $10.6B-0.1% $10.6B+8.0% $9.8B-0.1% $9.8B+2.3% $9.6B
Total Equity $23.3B+0.9% $23.1B+19.8% $19.3B+7.5% $18.0B+4.2% $17.3B-3.4% $17.9B+17.0% $15.3B+3.3% $14.8B
Retained Earnings $7.6B+4.5% $7.3B+23.4% $5.9B+5.1% $5.6B-6.4% $6.0B+23.8% $4.9B+11.2% $4.4B+13.3% $3.9B

APO Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $4.7B+1440.9% $303.0M-76.0% $1.3B+24.7% $1.0B+25400.0% -$4.0M-100.2% $1.9B+39.1% $1.3B+1804.3% $70.0M
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow -$14.2B-7.4% -$13.2B+32.6% -$19.6B-16.2% -$16.9B-3.9% -$16.3B-12.3% -$14.5B+1.6% -$14.7B+10.3% -$16.4B
Financing Cash Flow $8.9B-53.3% $19.2B+7.6% $17.8B+24.8% $14.3B-9.3% $15.7B+28.5% $12.3B+5.3% $11.6B-36.6% $18.3B
Dividends Paid $311.0M+1.6% $306.0M0.0% $306.0M+10.1% $278.0M+0.4% $277.0M0.0% $277.0M-0.7% $279.0M+7.7% $259.0M
Share Buybacks $240.0M-29.4% $340.0M $0-100.0% $193.0M+89.2% $102.0M-77.5% $453.0M+504.0% $75.0M-71.2% $260.0M

APO Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin N/A N/A N/A N/A N/A N/A N/A N/A
Net Margin 6.9%-10.7pp 17.7%+8.4pp 9.3%+1.3pp 8.0%-20.2pp 28.1%+17.7pp 10.4%-3.7pp 14.2%-6.1pp 20.3%
Return on Equity 2.9%-4.6pp 7.5%+4.2pp 3.3%+0.8pp 2.5%-6.2pp 8.6%+4.1pp 4.5%-1.0pp 5.6%-4.1pp 9.7%
Return on Assets 0.1%-0.2pp 0.4%+0.2pp 0.1%+0.0pp 0.1%-0.3pp 0.4%+0.2pp 0.2%-0.0pp 0.3%-0.2pp 0.4%
Current Ratio N/A N/A N/A N/A N/A N/A N/A N/A
Debt-to-Equity 0.57+0.0 0.55-0.1 0.63+0.0 0.59-0.0 0.61+0.1 0.55-0.1 0.640.0 0.65
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

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Frequently Asked Questions

Apollo Global Mgmt Inc (APO) reported $32.0B in total revenue for fiscal year 2025. This represents a 22.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Apollo Global Mgmt Inc (APO) revenue grew by 22.7% year-over-year, from $26.1B to $32.0B in fiscal year 2025.

Yes, Apollo Global Mgmt Inc (APO) reported a net income of $3.5B in fiscal year 2025, with a net profit margin of 10.9%.

Apollo Global Mgmt Inc (APO) reported diluted earnings per share of $5.54 for fiscal year 2025. This represents a -24.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

As of fiscal year 2025, Apollo Global Mgmt Inc (APO) had $20.6B in cash and equivalents against $13.4B in long-term debt.

Apollo Global Mgmt Inc (APO) had a net profit margin of 10.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, Apollo Global Mgmt Inc (APO) paid $1.99 per share in dividends during fiscal year 2025.

Apollo Global Mgmt Inc (APO) has a return on equity of 15.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Apollo Global Mgmt Inc (APO) generated $7.2B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Apollo Global Mgmt Inc (APO) had $460.9B in total assets as of fiscal year 2025, including both current and long-term assets.

Yes, Apollo Global Mgmt Inc (APO) spent $773.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Apollo Global Mgmt Inc (APO) had 579M shares outstanding as of fiscal year 2025.

Apollo Global Mgmt Inc (APO) had a debt-to-equity ratio of 0.57 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Apollo Global Mgmt Inc (APO) had a return on assets of 0.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Apollo Global Mgmt Inc (APO) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Apollo Global Mgmt Inc (APO) has an earnings quality ratio of 2.08x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

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