What is Apollo Global Mgmt Inc's earnings per share (EPS)?

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.

Apollo Global Mgmt Inc Financials

APO

FY2025 annual

Revenue $32.0B +22.7% YoY

Net Income $3.4B -24.2% YoY

EPS (Diluted) $5.54 -24.4% YoY

Free Cash Flow Not reported for FY2025

Source SEC Filings (10-K/10-Q) Data as of Jun 30, 2026 Currency USD FYE December

Apollo Global Mgmt Inc (APO) reported $32.0B in revenue for fiscal year 2025, up 22.7% from the prior fiscal year. This page shows its 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).

Rhea AI APO FY2025 2026-05-07

Balance-sheet expansion is dominating the story, as cash generation improves while returns on that much larger asset base keep thinning.

From FY2023 to FY2025, total assets climbed by roughly $147.5B while return on assets more than halved to 0.7%. Yet FY2025 operating cash flow of $7.2B exceeded net income of $3.4B, showing the business is getting larger faster than it is converting that scale into accounting profit. That combination points to solid cash realization but weaker balance-sheet efficiency.

Most of the obligation stack is not classic corporate debt: FY2025 long-term debt was $13.4B against total liabilities of $418.4B. In other words, the reported debt ratio captures only a slice of the funding burden, because this business operates through a very large liability base that is not simply term borrowing.

FY2025 financing inflows of $60.2B nearly offset investing outflows of $64.0B. That cash-flow shape makes the company look less like a straightforward earnings-retention story and more like a platform that continually raises and redeploys capital, with payouts to shareholders remaining a secondary cash use.

Financial Health Signals

Financial health score not available

Apollo Global Mgmt Inc does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Partial

4/7

Apollo Global Mgmt Inc passes 4 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 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

2.13x

For every $1 of reported earnings, Apollo Global Mgmt Inc generates $2.13 in operating cash flow ($7.2B OCF vs $3.4B 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.

Net Income

$3.4B

YoY-24.2%

5Y CAGR+84.9%

Apollo Global Mgmt Inc reported $3.4B in net income in fiscal year 2025. This represents a decrease of 24.2% from the prior year.

EPS (Diluted)

$5.54

YoY-24.4%

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.

EBITDA

Not reported for fiscal year 2025.

Cash & Balance Sheet

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%

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.

Free Cash Flow

Not reported for fiscal year 2025.

Margins & Returns

Net Margin

10.6%

YoY-6.6pp

5Y CAGR+3.9pp

Apollo Global Mgmt Inc's net profit margin was 10.6% 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

14.5%

YoY-11.4pp

5Y CAGR+11.7pp

Apollo Global Mgmt Inc's ROE was 14.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 11.4 percentage points from the prior year.

Gross Margin

Not reported for fiscal year 2025.

Operating Margin

Not reported for fiscal year 2025.

Capital Allocation

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.

R&D Spending

Not reported for fiscal year 2025.

Capital Expenditures

Not reported for fiscal year 2025.

APO Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

APO annual income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$35.9B	$32.0B+22.7%	$26.1B-20.0%	$32.6B+197.6%	$11.0B+84.3%	$6.0B+152.8%	$2.4B
Interest Expense	$709.0M	$618.0M+30.4%	$474.0M+76.9%	$268.0M+20.7%	$222.0M+60.9%	$138.0M+3.8%	$133.0M
Income Tax	$3.1B	$1.3B+20.2%	$1.1B+215.1%	-$923.0M-24.9%	-$739.0M-224.4%	$594.0M+590.7%	$86.0M
Net Income	$1.8B	$3.4B-24.2%	$4.5B-10.4%	$5.0B+355.0%	-$2.0B-208.8%	$1.8B+1047.8%	$157.0M
EPS (Diluted)	—	$5.54-24.4%	$7.33-11.5%	$8.28+341.4%	-$3.43	$7.32+1563.6%	$0.44

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$11.2B+120.5%	$5.1B-48.7%	$9.9B+0.4%	$9.8B+44.2%	$6.8B+22.8%	$5.5B+5.0%	$5.3B-32.0%	$7.8B
Interest Expense	$190.0M+6.1%	$179.0M+2.9%	$174.0M+4.8%	$166.0M+16.1%	$143.0M+5.9%	$135.0M-4.3%	$141.0M+17.5%	$120.0M
Income Tax	$396.0M-76.6%	$1.7B+186.1%	$592.0M+35.2%	$438.0M+14500.0%	$3.0M-98.8%	$243.0M+291.9%	$62.0M-80.4%	$317.0M
Net Income	$1.4B+171.4%	-$1.9B-424.7%	$587.0M-66.2%	$1.7B+175.6%	$630.0M+42.5%	$442.0M-68.2%	$1.4B+71.3%	$811.0M
EPS (Diluted)	$2.15+165.7%	-$3.27	N/A	$2.78+180.8%	$0.99+45.6%	$0.68	N/A	$1.29

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income.

TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.

APO Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

APO annual balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$460.9B+22.0%	$377.9B+20.5%	$313.5B+21.9%	$257.2B+743.3%	$30.5B	N/A
Cash & Equivalents	$20.6B+20.3%	$17.1B-3.3%	$17.7B+97.0%	$9.0B+879.3%	$917.0M-41.1%	$1.6B
Goodwill	$5.9B+36.8%	$4.3B0.0%	$4.3B+0.2%	$4.3B+3594.0%	$117.0M	N/A
Total Liabilities	$418.4B+20.6%	$346.9B+20.4%	$288.2B+19.2%	$241.8B+805.2%	$26.7B	N/A
Long-Term Debt	$13.4B+26.2%	$10.6B+30.8%	$8.1B+25.0%	$6.5B+106.5%	$3.1B	N/A
Total Equity	$23.3B+35.3%	$17.3B+22.8%	$14.0B+111.5%	$6.6B+75.2%	$3.8B-31.3%	$5.5B
Retained Earnings	$7.6B+26.8%	$6.0B+102.6%	$3.0B+395.1%	-$1.0B-188.0%	$1.1B	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$494.0B+5.7%	$467.5B+1.4%	$460.9B+2.5%	$449.5B+7.1%	$419.6B+6.2%	$395.0B+4.5%	$377.9B+2.5%	$368.7B
Cash & Equivalents	$28.4B+19.7%	$23.7B+15.3%	$20.6B-2.9%	$21.2B+41.6%	$15.0B-3.5%	$15.5B-9.3%	$17.1B-2.9%	$17.6B
Goodwill	N/A	N/A	$5.9B	N/A	N/A	N/A	$4.3B	N/A
Total Liabilities	$452.6B+5.7%	$428.0B+2.3%	$418.4B+2.1%	$409.7B+6.2%	$385.7B+6.3%	$362.7B+4.6%	$346.9B+2.9%	$337.1B
Long-Term Debt	$13.7B-3.5%	$14.2B+6.4%	$13.4B+5.8%	$12.6B+4.0%	$12.1B+14.8%	$10.6B-0.1%	$10.6B+8.0%	$9.8B
Total Equity	$21.0B+5.3%	$20.0B-14.5%	$23.3B+0.9%	$23.1B+19.8%	$19.3B+7.5%	$18.0B+4.2%	$17.3B-3.4%	$17.9B
Retained Earnings	$6.1B+19.2%	$5.2B-32.4%	$7.6B+4.5%	$7.3B+23.4%	$5.9B+5.1%	$5.6B-6.4%	$6.0B+23.8%	$4.9B

Not reported in any period shown, so not listed: Current Assets, Inventory, Accounts Receivable, Current Liabilities.

APO Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

APO annual cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$9.5B	$7.2B+122.7%	$3.3B-48.5%	$6.3B+66.9%	$3.8B+256.1%	$1.1B+165.8%	-$1.6B
Investing Cash Flow	-$51.3B	-$64.0B-3.5%	-$61.8B-45.7%	-$42.4B-80.9%	-$23.4B-1410.6%	-$1.6B-85.2%	-$838.0M
Financing Cash Flow	$55.3B	$60.2B+3.8%	$58.0B+36.0%	$42.6B+48.5%	$28.7B+26239.4%	$109.0M-96.7%	$3.3B
Dividends Paid	$1.3B	$1.2B+10.0%	$1.1B+7.9%	$1.0B+5.2%	$962.0M+86.1%	$517.0M-6.0%	$550.0M
Share Buybacks	$1.3B	$773.0M-13.1%	$890.0M+58.6%	$561.0M-11.7%	$635.0M+112.4%	$299.0M+225.0%	$92.0M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	$2.9B+77.8%	$1.6B-65.3%	$4.7B+1440.9%	$303.0M-76.0%	$1.3B+24.7%	$1.0B+25400.0%	-$4.0M-100.2%	$1.9B
Investing Cash Flow	-$15.5B-86.4%	-$8.3B+41.4%	-$14.2B-7.4%	-$13.2B+32.6%	-$19.6B-16.2%	-$16.9B-3.9%	-$16.3B-12.3%	-$14.5B
Financing Cash Flow	$17.3B+75.5%	$9.9B+10.3%	$8.9B-53.3%	$19.2B+7.6%	$17.8B+24.8%	$14.3B-9.3%	$15.7B+28.5%	$12.3B
Dividends Paid	$342.0M+9.6%	$312.0M+0.3%	$311.0M+1.6%	$306.0M0.0%	$306.0M+10.1%	$278.0M+0.4%	$277.0M0.0%	$277.0M
Share Buybacks	$97.0M-84.7%	$632.0M+163.3%	$240.0M-29.4%	$340.0M	$0-100.0%	$193.0M+89.2%	$102.0M-77.5%	$453.0M

Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow.

APO Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

APO annual financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Net Margin	10.6%-6.6pp	17.2%+1.8pp	15.3%+33.2pp	-17.9%-48.2pp	30.3%+23.6pp	6.7%
Return on Equity	14.5%-11.4pp	26.0%-9.6pp	35.6%+65.1pp	-29.5%-77.1pp	47.6%+44.7pp	2.9%
Return on Assets	0.7%-0.5pp	1.2%-0.4pp	1.6%+2.4pp	-0.8%-6.7pp	5.9%	N/A
Debt-to-Equity	0.570.0x	0.610.0x	0.58-0.4x	0.97+0.1x	0.83	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Net Margin	12.2%+49.9pp	-37.7%-43.6pp	5.9%-11.7pp	17.7%+8.4pp	9.3%+1.3pp	8.0%-18.3pp	26.3%+15.9pp	10.4%
Return on Equity	6.5%+16.0pp	-9.6%-12.1pp	2.5%-5.0pp	7.5%+4.2pp	3.3%+0.8pp	2.5%-5.6pp	8.1%+3.5pp	4.5%
Return on Assets	0.3%+0.7pp	-0.4%-0.5pp	0.1%-0.3pp	0.4%+0.2pp	0.1%0.0pp	0.1%-0.3pp	0.4%+0.1pp	0.2%
Debt-to-Equity	0.65-0.1x	0.71+0.1x	0.570.0x	0.55-0.1x	0.630.0x	0.590.0x	0.61+0.1x	0.55

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.

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Where Apollo Global Mgmt Inc Ranks

Frequently Asked Questions

What is Apollo Global Mgmt Inc's annual revenue?

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.

How fast is Apollo Global Mgmt Inc's revenue growing?

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

Is Apollo Global Mgmt Inc profitable?

Yes, Apollo Global Mgmt Inc (APO) reported a net income of $3.4B in fiscal year 2025, with a net profit margin of 10.6%.

How much debt does Apollo Global Mgmt Inc have?

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

What is Apollo Global Mgmt Inc's net profit margin?

Apollo Global Mgmt Inc (APO) had a net profit margin of 10.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Apollo Global Mgmt Inc pay dividends?

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

What is Apollo Global Mgmt Inc's return on equity (ROE)?

Apollo Global Mgmt Inc (APO) has a return on equity of 14.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Apollo Global Mgmt Inc's operating cash flow?

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

What are Apollo Global Mgmt Inc's total assets?

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

Does Apollo Global Mgmt Inc buy back shares?

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

How many shares does Apollo Global Mgmt Inc have outstanding?

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

What is Apollo Global Mgmt Inc's debt-to-equity ratio?

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.

What is Apollo Global Mgmt Inc's return on assets (ROA)?

Apollo Global Mgmt Inc (APO) had a return on assets of 0.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Apollo Global Mgmt Inc's Piotroski F-Score?

Apollo Global Mgmt Inc (APO) has a Piotroski F-Score of 4 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Apollo Global Mgmt Inc's earnings high quality?

Apollo Global Mgmt Inc (APO) has an earnings quality ratio of 2.13x, 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.