Apollo Global Management, Inc. (APO)
Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. The firm prefers to invest in private and public markets. The firm's private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth capital, venture capital, turnaround, bridge, PIPES, corporate restructuring, special situation, acquisition, and industry consolidation transactions. For credit strategies, the firm focuses on investing in multi-sector credit, semi-liquid credit, direct lending, first lien, unitranche, whole loans and private credit. The firm provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors. It manages client focused portfolios. The firm launches and manages hedge funds for its clients. It also manages real estate funds and private equity funds for its clients. The firm invests in the fixed income and alternative investment markets across the globe. Its fixed income investments include income-oriented senior loans, bonds, collateralized loan obligations, structured credit, opportunistic credit, non-performing loans, distressed debt, mezzanine debt, and value oriented fixed income securities. The firm seeks to invest in chemicals, commodities, consumer and retail, oil and gas, metals, mining, agriculture, commodities, distribution and transportation, financial and business services, manufacturing and industrial, media distribution, cable, entertainment and leisure, telecom, technology, natural resources, energy, packaging and materials, and satellite and wireless industries. It also focuses on clean energy, sustainable industry, climate solutions, energy transition, industrial decarbonization, sustainable mobility, sustainable resource use, and sustainable real estate. It seeks to invest in companies based in across Africa, Asia, North America with a focus on United States, Western Europe and Europe. It employs a combination of contrarian, value, and distressed strategies to make its investments. The firm seeks to make investments in the range of $20 million and $1500 million. The firm seeks to invest in companies with enterprise value between $750 million to $2500 million and EBITDA up to $75 million. The firm conducts in-house research to create its investment portfolio. It seeks to acquire minority and majority positions in its portfolio companies. Apollo Global Management, Inc. was founded in 1990 and is based in New York, New York with additional offices in North America, Asia, Africa and Europe.
- Ticker
- APO
- Exchange
- NYSE
- Sector
- Financial Services
- Industry
- Asset Management
- Market cap
- $68.96B
- 52-week range
- $99.56 - $153.29
Valuation
- Share price
- $116.75 (close of Nov 6, 2026)
- P/E (TTM)
- -65.22x
- Price to book
- 1.91x
- Price to free cash flow
- 7.41x
- Enterprise value
- $60.86B
- Book value per share
- $61.20
Price performance
| Period | Change |
|---|---|
| 1 day | -0.44% |
| 5 days | +0.79% |
| 1 month | +0.69% |
| 3 months | -8.78% |
| 6 months | -9.87% |
| Year to date | -19.35% |
| 1 year | -9.48% |
| 3 years | +40.41% |
| 5 years | +51.74% |
| 10 years | +560.72% |
| All time | +541.48% |
Short interest
- As of
- Oct 15, 2026
- Short % of float
- 4.33%
- Shares short
- 23.51M
- Days to cover
- 6.24
- Change since prior report
- -1.58%
- Source
- FINRA consolidated short interest
Members of Congress who disclosed APO trades
Gilbert Ray Cisneros · Ritchie Torres · Val Hoyle · Alan Armstrong · Dwight Evans
Super investors holding APO
Chase Coleman (Tiger Global Management) · Ken Griffin (Citadel) · George Soros (Soros Fund Mgmt)
Profitability and growth
- Return on equity
- 8.21%
- Return on assets
- 0.76%
- Net margin
- 10.90%
- Revenue growth
- 22.73%
- Net income growth
- -23.71%
- Free cash flow growth
- 122.75%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 13.49%
- Net debt to EBITDA
- -1.54x
Latest reported year
- Period end
- Dec 31, 2025
- Fiscal year
- 2025
- Revenue
- $32.05B
- Net income
- $3.49B
- Earnings per share
- $5.58
- Shares outstanding
- 589.45M
Income statement by year
| Period end | Revenue | Net income | EPS |
|---|---|---|---|
| 2025-12-31 | $32.05B | $3.49B | $5.58 |
| 2024-12-31 | $26.11B | $4.58B | $7.39 |
| 2023-12-31 | $32.64B | $5.05B | $8.32 |
| 2022-12-31 | $10.97B | -$1.96B | -$3.43 |
| 2021-12-31 | $5.95B | $1.84B | $7.32 |
| 2020-12-31 | $2.35B | $157.00M | $0.44 |
Margins and returns by year
| Period end | Net margin | Return on equity |
|---|---|---|
| 2025-12-31 | 10.90% | 8.21% |
| 2024-12-31 | 17.53% | 14.78% |
| 2023-12-31 | 15.46% | 20.00% |
| 2022-12-31 | -17.88% | -13.65% |
| 2021-12-31 | 30.90% | 18.04% |
| 2020-12-31 | 6.67% | 2.85% |
Cash and debt by year
| Period end | Cash | Debt |
|---|---|---|
| 2025-12-31 | $20.59B | $13.36B |
| 2024-12-31 | $17.11B | $10.59B |
| 2023-12-31 | $17.69B | $8.09B |
| 2022-12-31 | $8.98B | $6.47B |
| 2021-12-31 | $917.00M | $3.13B |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|---|---|
| 2025-12-31 | $7.25B | $789.00M |
| 2024-12-31 | $3.25B | $721.00M |
| 2023-12-31 | $6.32B | $1.03B |
| 2022-12-31 | $3.79B | $540.00M |
| 2021-12-31 | $1.06B | $1.18B |
| 2020-12-31 | -$1.62B | $213.00M |
| 2019-12-31 | $1.04B | $189.65M |
| 2018-12-31 | $799.52M | $173.23M |
| 2017-12-31 | $799.73M | $91.45M |
| 2016-12-31 | $608.90M | $102.98M |
Dividend history
- Most recent payment
- Aug 19, 2026
- Paid in the last twelve months
- $2.15
| Payment date | Dividend per share |
|---|---|
| 2026-08-19 | $0.56 |
| 2026-05-19 | $0.56 |
| 2026-02-19 | $0.51 |
| 2025-11-17 | $0.51 |
| 2025-08-18 | $0.51 |
| 2025-05-16 | $0.51 |
| 2025-02-18 | $0.46 |
| 2024-11-18 | $0.46 |
Investor relations
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|---|---|
| 2026-11-03 | Sep 2026 | $2.04 |
| 2026-08-04 | Jun 2026 | $2.01 |
| 2026-05-06 | Mar 2026 | $1.85 |
| 2026-02-09 | Dec 2025 | $1.91 |
| 2025-11-04 | Sep 2025 | $1.77 |
| 2025-08-05 | Jun 2025 | $1.75 |
| 2025-05-02 | Mar 2025 | $1.74 |
| 2025-02-04 | Dec 2024 | $1.76 |
Filings and sources
- Company website
- apollo.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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Understanding these figures
Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart
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