Symbols / APO $105.86 -0.24% Apollo Global Management, Inc.

Financial Services • Asset Management • United States • NYQ
APO Chart
About

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, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions. For credit strategies, the firm focuses to invest 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 $75 million and $1500 million. The firm seeks to invest in companies with Enterprise value between $750 million to $2500 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 headquartered in New York, New York with additional offices in North America, Asia, Africa and Europe.

Fundamentals
Scroll to Statements
Sector Financial Services Industry Asset Management Market Cap 61.44B
Enterprise Value 86.34B Income 3.50B Sales 31.79B
Book/sh 37.90 Cash/sh 66.44 Dividend Yield 191.00%
Payout 35.97% Employees 6140 IPO —
P/E 19.11 Forward P/E 9.83 PEG —
P/S 1.93 P/B 2.79 P/C —
EV/EBITDA — EV/Sales 2.72 Quick Ratio 1.61
Current Ratio 1.66 Debt/Eq 99.47 LT Debt/Eq —
EPS (ttm) 5.54 EPS next Y 10.76 EPS Growth -57.30%
Revenue Growth 87.70% Earnings 2026-05-06 ROA 1.29%
ROE 14.70% ROIC — Gross Margin 37.34%
Oper. Margin 18.13% Profit Margin 10.98% Shs Outstand 578.25M
Shs Float 452.38M Short Float 5.58% Short Ratio 4.39
Short Interest — 52W High 157.28 52W Low 99.56
Beta 1.56 Avg Volume 5.37M Volume 1.02M
Target Price $151.00 Recom Buy Prev Close $106.11
Price $105.86 Change -0.24%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$151.00
Mean price target
2. Current target
$105.21
Latest analyst target
3. DCF / Fair value
$83.10
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$105.21
Low
$116.00
High
$181.00
Mean
$151.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-07 main Goldman Sachs Buy → Buy $134
2026-04-07 main Piper Sandler Overweight → Overweight $146
2026-03-24 main BMO Capital Market Perform → Market Perform $116
2026-03-02 main Barclays Overweight → Overweight $131
2026-02-20 main UBS Buy → Buy $152
2026-02-10 main JP Morgan Overweight → Overweight $162
2026-02-10 reit Piper Sandler Overweight → Overweight $165
2026-02-10 main Morgan Stanley Overweight → Overweight $181
2026-02-10 main Barclays Overweight → Overweight $158
2026-01-13 main UBS Buy → Buy $182
2026-01-09 main Barclays Overweight → Overweight $168
2025-12-12 main Barclays Overweight → Overweight $172
2025-11-25 main Barclays Overweight → Overweight $159
2025-11-20 up Morgan Stanley Equal-Weight → Overweight $180
2025-11-05 main Barclays Overweight → Overweight $158
2025-11-05 main Evercore ISI Group Outperform → Outperform $155
2025-11-05 main Keefe, Bruyette & Woods Outperform → Outperform $173
2025-10-21 main Morgan Stanley Equal-Weight → Equal-Weight $151
2025-10-13 main Citigroup Buy → Buy $150
2025-10-08 main Barclays Overweight → Overweight $147
News
RSS: Latest APO news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-02-17 KLEINMAN SCOTT M President — 2,048 $129.23 $264,663
2026-02-13 BELARDI JAMES RICHARD Officer and Director — 147,813 $29.55 $4,367,874
2026-02-10 ZELTER JAMES C President — 29,313 $0.00 $0
2026-02-10 KELLY MARTIN B Chief Financial Officer — 116,087 $0.00 $0
2026-02-10 BELARDI JAMES RICHARD Officer and Director — 41,892 $0.00 $0
2026-02-10 KVALHEIM GRANT A Officer — 19,035 $0.00 $0
2026-02-10 CHATTERJEE WHITNEY A Officer — 96,046 $0.00 $0
2026-02-10 ZITO JOHN P. Officer — 167,252 $0.00 $0
2026-02-10 KINAHAN KRISTIANE ELAINE Officer — 10,912 $0.00 $0
2025-12-11 BELARDI JAMES RICHARD Officer and Director — 33,263 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
32,049.00
+22.73%
26,114.00
-20.00%
32,644.00
+197.63%
10,968.00
Operating Revenue
32,024.00
+22.72%
26,095.00
-18.59%
32,053.00
+191.50%
10,996.00
Cost Of Revenue
1,443.00
+26.58%
1,140.00
+11.00%
1,027.00
+10.79%
927.00
Reconciled Cost Of Revenue
1,443.00
+26.58%
1,140.00
+11.00%
1,027.00
+10.79%
927.00
Gross Profit
30,606.00
+22.55%
24,974.00
-21.01%
31,617.00
+214.88%
10,041.00
Operating Expense
22,348.00
+34.02%
16,675.00
-34.53%
25,471.00
+76.69%
14,416.00
Selling General And Administration
3,096.00
+17.36%
2,638.00
+2.77%
2,567.00
+51.18%
1,698.00
General And Administrative Expense
3,096.00
+17.36%
2,638.00
+2.77%
2,567.00
+51.18%
1,698.00
Salaries And Wages
1,550.00
+5.59%
1,468.00
-13.39%
1,695.00
+66.83%
1,016.00
Other Gand A
1,546.00
+32.14%
1,170.00
+34.17%
872.00
+27.86%
682.00
Other Operating Expenses
19,252.00
+37.15%
14,037.00
-38.71%
22,904.00
+80.09%
12,718.00
Total Expenses
23,791.00
+33.54%
17,815.00
-32.77%
26,498.00
+72.70%
15,343.00
Operating Income
8,258.00
-0.49%
8,299.00
+35.03%
6,146.00
+240.48%
-4,375.00
EBITDA
8,478.00
-4.19%
8,849.00
+33.13%
6,647.00
+290.13%
-3,496.00
Normalized EBITDA
9,684.00
-0.09%
9,693.00
+33.49%
7,261.00
+319.37%
-3,310.00
Reconciled Depreciation
1,431.00
+33.12%
1,075.00
+33.87%
803.00
+51.80%
529.00
EBIT
7,047.00
-9.35%
7,774.00
+33.03%
5,844.00
+245.19%
-4,025.00
Total Unusual Items
-1,206.00
-42.89%
-844.00
-37.46%
-614.00
-230.11%
-186.00
Total Unusual Items Excluding Goodwill
-1,206.00
-42.89%
-844.00
-37.46%
-614.00
-230.11%
-186.00
Special Income Charges
-1,242.00
-31.99%
-941.00
-36.77%
-688.00
-54.95%
-444.00
Other Special Charges
—
—
—
1,943.19
Restructuring And Mergern Acquisition
1,242.00
+31.99%
941.00
+36.77%
688.00
+54.95%
444.00
Net Income
3,492.00
-23.71%
4,577.00
-9.31%
5,047.00
+357.37%
-1,961.00
Pretax Income
6,677.00
-10.20%
7,435.00
+33.10%
5,586.00
+231.56%
-4,246.00
Net Non Operating Interest Income Expense
-239.00
-36.57%
-175.00
-113.41%
-82.00
-129.60%
277.00
Interest Expense Non Operating
370.00
+9.14%
339.00
+31.40%
258.00
+16.74%
221.00
Net Interest Income
-239.00
-36.57%
-175.00
-113.41%
-82.00
-129.60%
277.00
Interest Expense
370.00
+9.14%
339.00
+31.40%
258.00
+16.74%
221.00
Interest Income Non Operating
131.00
-23.84%
172.00
-2.27%
176.00
-50.28%
354.00
Interest Income
131.00
-23.84%
172.00
-2.27%
176.00
-50.28%
354.00
Other Income Expense
-1,342.00
-94.78%
-689.00
-44.14%
-478.00
-222.97%
-148.00
Other Non Operating Income Expenses
-136.00
-187.74%
155.00
+13.97%
136.00
+257.89%
38.00
Gain On Sale Of Security
36.00
-62.89%
97.00
+31.08%
74.00
-71.32%
258.00
Tax Provision
1,276.00
+20.15%
1,062.00
+215.06%
-923.00
-24.90%
-739.00
Tax Rate For Calcs
0.00
+33.57%
0.00
-31.90%
0.00
+20.69%
0.00
Tax Effect Of Unusual Items
-230.35
-90.85%
-120.69
+6.40%
-128.94
-298.41%
-32.36
Net Income Including Noncontrolling Interests
5,401.00
-15.25%
6,373.00
-2.09%
6,509.00
+285.60%
-3,507.00
Net Income From Continuing Operation Net Minority Interest
3,492.00
-23.71%
4,577.00
-9.31%
5,047.00
+357.37%
-1,961.00
Net Income From Continuing And Discontinued Operation
3,492.00
-23.71%
4,577.00
-9.31%
5,047.00
+357.37%
-1,961.00
Net Income Continuous Operations
5,401.00
-15.25%
6,373.00
-2.09%
6,509.00
+285.60%
-3,507.00
Minority Interests
-1,909.00
-6.29%
-1,796.00
-22.85%
-1,462.00
-194.57%
1,546.00
Normalized Income
4,467.65
-15.71%
5,300.31
-4.19%
5,532.06
+406.08%
-1,807.36
Net Income Common Stockholders
2,144.00
-34.97%
3,297.00
-14.89%
3,874.00
+232.54%
-2,923.00
Otherunder Preferred Stock Dividend
1,251.00
+5.75%
1,183.00
+4.97%
1,127.00
+17.15%
962.00
Diluted EPS
—
7.33
-13.66%
8.49
+347.52%
-3.43
Basic EPS
—
7.39
-13.36%
8.53
+348.69%
-3.43
Basic Average Shares
—
586.00
+0.86%
581.00
-0.63%
584.69
Diluted Average Shares
—
604.00
+2.55%
589.00
+0.74%
584.69
Diluted NI Availto Com Stockholders
2,144.00
-36.83%
3,394.00
-13.31%
3,915.00
+233.94%
-2,923.00
Average Dilution Earnings
0.00
-100.00%
97.00
+136.59%
41.00
0.00
Preferred Stock Dividends
97.00
+0.00%
97.00
+110.87%
46.00
+25.49%
36.66
Total Other Finance Cost
—
8.00
—
-144.00
Line Item Trend 2023-12-31
Total Assets
313,488.00
Current Assets
176,609.00
Cash Cash Equivalents And Short Term Investments
170,243.00
Cash And Cash Equivalents
15,928.00
Other Short Term Investments
154,315.00
Receivables
4,603.00
Other Receivables
4,154.00
Taxes Receivable
—
Prepaid Assets
—
Restricted Cash
1,763.00
Total Non Current Assets
136,879.00
Net PPE
—
Gross PPE
—
Accumulated Depreciation
—
Other Properties
—
Goodwill And Other Intangible Assets
4,329.00
Goodwill
4,329.00
Other Intangible Assets
—
Investments And Advances
106,702.00
Long Term Equity Investment
1,072.00
Other Investments
104,019.00
Non Current Deferred Assets
5,979.00
Non Current Deferred Taxes Assets
—
Other Non Current Assets
14,571.00
Total Liabilities Net Minority Interest
288,243.00
Current Liabilities
216,445.00
Payables And Accrued Expenses
11,744.00
Payables
11,744.00
Accounts Payable
3,338.00
Other Payable
7,536.00
Employee Benefits
—
Current Debt And Capital Lease Obligation
31.00
Current Debt
31.00
Current Deferred Liabilities
204,670.00
Current Deferred Revenue
204,670.00
Total Non Current Liabilities Net Minority Interest
71,798.00
Long Term Debt And Capital Lease Obligation
8,061.00
Long Term Debt
8,061.00
Long Term Capital Lease Obligation
—
Long Term Provisions
53,287.00
Non Current Pension And Other Postretirement Benefit Plans
—
Other Non Current Liabilities
63,737.00
Preferred Securities Outside Stock Equity
—
Stockholders Equity
14,044.00
Common Stock Equity
12,646.00
Capital Stock
1,398.00
Common Stock
0.00
Preferred Stock
1,398.00
Share Issued
567.76
Ordinary Shares Number
567.76
Treasury Shares Number
0.00
Additional Paid In Capital
15,249.00
Retained Earnings
2,972.00
Gains Losses Not Affecting Retained Earnings
-5,575.00
Minority Interest
11,201.00
Other Equity Adjustments
-5,575.00
Total Equity Gross Minority Interest
25,245.00
Total Capitalization
22,105.00
Working Capital
-39,836.00
Invested Capital
20,738.00
Total Debt
8,092.00
Net Debt
—
Capital Lease Obligations
—
Net Tangible Assets
9,715.00
Tangible Book Value
8,317.00
Available For Sale Securities
1,611.00
Duefrom Related Parties Current
449.00
Dueto Related Parties Current
870.00
Financial Assets
5,298.00
Held To Maturity Securities
0.00
Investmentin Financial Assets
1,611.00
Line Of Credit
31.00
Preferred Shares Number
28.75
Preferred Stock Equity
1,398.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
7,246.00
+122.75%
3,253.00
-48.54%
6,322.00
+66.85%
3,789.00
Cash Flow From Continuing Operating Activities
7,246.00
+122.75%
3,253.00
-48.54%
6,322.00
+66.85%
3,789.00
Net Income From Continuing Operations
5,401.00
-15.25%
6,373.00
-2.09%
6,509.00
+285.60%
-3,507.00
Depreciation Amortization Depletion
1,431.00
+33.12%
1,075.00
+33.87%
803.00
+51.80%
529.00
Depreciation And Amortization
1,431.00
+33.12%
1,075.00
+33.87%
803.00
+51.80%
529.00
Other Non Cash Items
-1,733.00
+20.03%
-2,167.00
+3.17%
-2,238.00
+46.03%
-4,147.00
Stock Based Compensation
789.00
+9.43%
721.00
-29.73%
1,026.00
+90.00%
540.00
Deferred Tax
—
—
—
107.59
Deferred Income Tax
—
—
—
107.59
Operating Gains Losses
-4,843.00
+0.86%
-4,885.00
-52.04%
-3,213.00
-172.54%
4,429.00
Gain Loss On Investment Securities
-4,843.00
+0.86%
-4,885.00
-52.04%
-3,213.00
-172.54%
4,429.00
Unrealized Gain Loss On Investment Securities
—
—
—
24.52
Change In Working Capital
6,201.00
+190.31%
2,136.00
-37.82%
3,435.00
-42.22%
5,945.00
Change In Receivables
—
—
—
-232.76
Changes In Account Receivables
—
—
—
—
Change In Payables And Accrued Expense
—
—
—
80.43
Change In Payable
—
—
—
80.43
Change In Account Payable
—
—
—
22.14
Change In Other Working Capital
6,568.00
+60.00%
4,105.00
+557.13%
-898.00
-143.93%
2,044.00
Change In Other Current Liabilities
-367.00
+81.36%
-1,969.00
-145.44%
4,333.00
+11.07%
3,901.00
Investing Cash Flow
-63,972.00
-3.51%
-61,801.00
-45.73%
-42,407.00
-80.89%
-23,444.00
Cash Flow From Continuing Investing Activities
-63,972.00
-3.51%
-61,801.00
-45.73%
-42,407.00
-80.89%
-23,444.00
Net PPE Purchase And Sale
—
—
—
-202.53
Purchase Of PPE
—
—
—
-202.53
Capital Expenditure
—
—
—
-202.53
Net Investment Purchase And Sale
-145,787.00
-25.46%
-116,201.00
-73.33%
-67,040.00
-4.93%
-63,890.00
Purchase Of Investment
-145,787.00
-25.46%
-116,201.00
-73.33%
-67,040.00
-4.93%
-63,890.00
Sale Of Investment
—
—
—
6,086.11
Net Business Purchase And Sale
83,407.00
+50.04%
55,591.00
+127.81%
24,402.00
-19.47%
30,303.00
Purchase Of Business
-9,198.00
-139.84%
-3,835.00
+17.53%
-4,650.00
-16.48%
-3,992.00
Gain Loss On Sale Of Business
—
—
—
—
Net Other Investing Changes
-1,592.00
-33.67%
-1,191.00
-615.58%
231.00
-97.72%
10,143.00
Financing Cash Flow
60,200.00
+3.84%
57,972.00
+35.96%
42,638.00
+48.51%
28,710.00
Cash Flow From Continuing Financing Activities
60,200.00
+3.84%
57,972.00
+35.96%
42,638.00
+48.51%
28,710.00
Net Issuance Payments Of Debt
2,574.00
-4.17%
2,686.00
+137.28%
1,132.00
-33.88%
1,712.00
Issuance Of Debt
7,218.00
-9.15%
7,945.00
+61.75%
4,912.00
-14.50%
5,745.00
Repayment Of Debt
-4,644.00
+11.69%
-5,259.00
-39.13%
-3,780.00
+6.27%
-4,033.00
Long Term Debt Issuance
7,218.00
-9.15%
7,945.00
+61.75%
4,912.00
-14.50%
5,745.00
Long Term Debt Payments
-4,644.00
+11.69%
-5,259.00
-39.13%
-3,780.00
+6.27%
-4,033.00
Net Long Term Debt Issuance
2,574.00
-4.17%
2,686.00
+137.28%
1,132.00
-33.88%
1,712.00
Net Common Stock Issuance
-773.00
+13.15%
-890.00
-58.65%
-561.00
+11.65%
-635.00
Common Stock Payments
-773.00
+13.15%
-890.00
-58.65%
-561.00
+11.65%
-635.00
Common Stock Dividend Paid
-1,201.00
-9.98%
-1,092.00
-7.91%
-1,012.00
-5.20%
-962.00
Cash Dividends Paid
-1,298.00
-9.17%
-1,189.00
-14.99%
-1,034.00
-7.48%
-962.00
Repurchase Of Capital Stock
-773.00
+13.15%
-890.00
-58.65%
-561.00
+11.65%
-635.00
Proceeds From Stock Option Exercised
—
—
—
—
Net Other Financing Charges
59,697.00
+4.07%
57,365.00
+37.56%
41,703.00
+45.84%
28,595.00
Changes In Cash
3,474.00
+703.13%
-576.00
-108.79%
6,553.00
-27.63%
9,055.00
Effect Of Exchange Rate Changes
5.00
+266.67%
-3.00
-130.00%
10.00
+166.67%
-15.00
Beginning Cash Position
17,112.00
-3.27%
17,691.00
+58.98%
11,128.00
+432.95%
2,088.00
End Cash Position
20,591.00
+20.33%
17,112.00
-3.27%
17,691.00
+58.98%
11,128.00
Free Cash Flow
7,246.00
+122.75%
3,253.00
-48.54%
6,322.00
+66.85%
3,789.00
Interest Paid Supplemental Data
994.00
+23.48%
805.00
+11.81%
720.00
+27.21%
566.00
Income Tax Paid Supplemental Data
590.00
-43.70%
1,048.00
+192.74%
358.00
-64.45%
1,007.00
Common Stock Issuance
—
—
0.00
0.00
Dividend Received CFO
—
—
—
—
Dividends Received CFI
—
—
—
97.89
Earnings Losses From Equity Investments
—
—
—
—
Issuance Of Capital Stock
0.00
0.00
-100.00%
1,398.00
0.00
Net Preferred Stock Issuance
0.00
0.00
-100.00%
1,398.00
0.00
Preferred Stock Dividend Paid
-97.00
+0.00%
-97.00
-340.91%
-22.00
0.00
Preferred Stock Issuance
0.00
0.00
-100.00%
1,398.00
0.00
Sale Of Business
92,605.00
+55.83%
59,426.00
+104.55%
29,052.00
-15.29%
34,295.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Trades
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
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