Saturday 17 October 2026
Export APO’s income statement to Excel — free account
Apollo Global Management Inc.
APO Financial Asset Management
Apollo Global Management Inc.’s revenue for fiscal 2025 (year ended December 2025) was $32.0 billion, up 22.7% from fiscal 2024. In the quarter to June 2026, revenue grew 63.7%, EPS grew 118.0%, free cash flow grew 128.3% and total debt rose 13.0%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years.
110.78
1.09
−0.97%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
9.42 | 10.80 | 0.00 | 12.66 | 174.93 | 9.75 | 0.00 | 10.72 | 22.35 | 25.99 |
Piotroski F-Score |
6 | 6 | 4 | 6 | 3 | 5 | 4 | 8 | 2 | 5 |
P/S ratio |
1.75 | 2.31 | 4.49 | 3.37 | 4.73 | 2.88 | 3.35 | 1.63 | 3.71 | 2.66 |
P/FCF ratio |
6.10 | 7.54 | 6.14 | 9.47 | 0.00 | 17.22 | 9.87 | 8.49 | 30.40 | 11.89 |
P/Operating CF |
136.06 | 33.86 | 113.14 | 39.89 | (3.56) | (15.97) | 25.07 | 25.73 | (24,200.07) | 18.28 |
P/B ratio |
1.94 | 2.44 | 2.59 | 3.98 | 2.25 | 1.78 | 2.56 | 2.23 | 3.27 | 2.08 |
Price to Tangible BV |
2.06 | 2.54 | 2.71 | 4.13 | 2.30 | 1.80 | 3.66 | 2.72 | 3.84 | 2.42 |
EV/Sales |
2.00 | 2.40 | 4.81 | 3.55 | 5.06 | 3.13 | 2.93 | 1.33 | 3.46 | 2.45 |
EV/EBITDA |
4.28 | 4.49 | 19.87 | 7.68 | 12.85 | 9.31 | 0.00 | 6.87 | 10.88 | 9.51 |
EV/Operating CF |
6.93 | 7.74 | 6.46 | 9.61 | (7.37) | 17.52 | 8.49 | 6.89 | 27.80 | 10.82 |
EV/FCF |
7.00 | 7.82 | 6.58 | 9.97 | (7.07) | 18.74 | 8.65 | 6.97 | 28.40 | 10.93 |
Quick Ratio |
1.58 | 0.99 | 1.23 | 1.69 | 1.70 | 0.52 | 1.08 | 1.54 | 1.10 | 1.31 |
Current Ratio |
1.58 | 0.99 | 1.23 | 1.69 | 1.70 | 0.52 | 1.08 | 1.54 | 1.10 | 1.31 |
Net Debt/EBITDA |
0.55 | 0.16 | 1.34 | 0.38 | 0.83 | 0.75 | 1.14 | (1.50) | (0.77) | (0.84) |
Debt/Assets |
24.02% | 19.49% | 22.71% | 31.03% | 13.33% | 10.27% | 2.52% | 2.58% | 2.80% | 2.90% |
Debt/Equity |
0.72 | 0.47 | 0.55 | 0.87 | 0.57 | 0.31 | 0.45 | 0.32 | 0.34 | 0.31 |
Asset Turnover |
0.41 | 0.44 | 0.17 | 0.40 | 0.15 | 0.22 | 0.08 | 0.11 | 0.08 | 0.08 |
Operating CF/Net income |
1.49 | 1.40 | (19.37) | 1.34 | (13.47) | 0.59 | (1.93) | 1.26 | 0.73 | 2.13 |
Capex/Depreciation |
(0.34) | (0.46) | (0.97) | (2.51) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Coverage |
21.87 | 27.70 | 4.20 | 13.61 | 6.83 | 14.32 | (38.86) | 37.64 | 32.56 | 27.41 |
| 24.74% | 27.35% | (1.86%) | 36.82% | 3.22% | 24.69% | (16.34%) | 26.18% | 16.78% | 9.61% | |
| 7.91% | 9.75% | (0.65%) | 11.10% | 0.75% | 6.65% | (1.36%) | 1.75% | 1.30% | 0.81% | |
ROIC |
23.62% | 28.10% | 4.23% | 21.79% | 7.72% | 9.82% | (31.46%) | 21.16% | 18.12% | 11.86% |
Return on Tangible Assets |
47.01% | (4,328.57%) | (16.30%) | 77.22% | 10.22% | (92.22%) | (244.21%) | 78.95% | 287.18% | 69.24% |
Average Days of Receivables |
266.14 | 40.26 | 128.53 | 51.97 | 72.51 | 30.05 | 15.47 | 5.02 | 8.16 | 7.37 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
54.13% | 47.16% | 77.17% | 54.33% | 61.43% | 66.80% | 23.93% | 11.01% | 14.47% | 14.16% |
Intangible Assets out of Total Assets |
0.02 | 0.02 | 0.01 | 0.01 | 0.00 | 0.00 | 0.02 | 0.01 | 0.01 | 0.01 |
Share Based Compensation of Revenue |
4.97% | 3.30% | 15.85% | 6.47% | 9.05% | 19.85% | 4.92% | 3.14% | 2.76% | 2.46% |
Graham Net Nets |
(0.40) | (0.42) | (0.44) | (0.30) | (1.37) | (1.06) | (6.30) | (5.09) | (3.40) | (4.66) |
Graham Number |
21.85 | 31.07 | 0.00 | 31.90 | 11.72 | 82.53 | 0.00 | 88.65 | 91.58 | 93.49 |
Earnings Yield |
10.62% | 9.26% | (0.53%) | 7.90% | 0.57% | 10.26% | (8.88%) | 9.33% | 4.47% | 3.85% |
Free Cash Flow Yield |
16.39% | 13.27% | 16.29% | 10.56% | (15.12%) | 5.81% | 10.13% | 11.78% | 3.29% | 8.41% |
Revenue per Share |
11.27 | 14.52 | 5.47 | 14.16 | 10.35 | 25.15 | 18.76 | 56.15 | 44.56 | 54.37 |
Operating CF per Share |
3.26 | 4.50 | 4.07 | 5.23 | (7.10) | 4.50 | 6.48 | 10.87 | 5.55 | 12.29 |
Capex per Share |
(0.03) | (0.04) | (0.07) | (0.19) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Free Cash Flow per Share |
3.23 | 4.46 | 4.00 | 5.04 | (7.10) | 4.50 | 6.48 | 10.87 | 5.55 | 12.29 |
Cash per Share |
4.45 | 5.86 | 5.03 | 10.29 | 10.51 | 6.87 | 18.84 | 30.32 | 28.93 | 34.37 |
Shareholders Equity per Share |
10.15 | 15.18 | 12.26 | 14.67 | 24.23 | 43.09 | 24.57 | 43.40 | 52.83 | 72.12 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
10.15 | 15.18 | 12.26 | 14.67 | 24.23 | 43.09 | 24.57 | 43.40 | 52.83 | 72.12 |
Free Cash Flow |
593.43 | 851.32 | 799.52 | 1,043.20 | (1,616.00) | 1,064.00 | 3,789.00 | 6,322.00 | 3,253.00 | 7,246.00 |
Working Capital |
856.92 | (14.22) | 257.90 | 1,044.40 | 1,173.98 | (1,954.00) | 803.00 | 6,334.00 | 1,560.00 | 4,903.00 |
Capital Expenditures |
(6.36) | (8.53) | (14.74) | (39.49) | — | — | — | — | — | — |
Net Current Asset Value |
(1,431.72) | (2,667.71) | (2,148.78) | (2,956.14) | (15,298.00) | (18,193.00) | (231,368.00) | (270,177.00) | (329,393.00) | (397,523.00) |
EV/EBIT |
4.37 | 4.55 | 21.09 | 7.77 | 13.11 | 9.44 | 0.00 | 7.98 | 12.29 | 11.18 |
Capex to Sales |
0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Price to Operating Income |
3.99 | 4.54 | 25.81 | 7.96 | 14.38 | 9.32 | 0.00 | 9.99 | 13.57 | 12.62 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cash ROIC |
14.69% | 15.82% | 16.59% | 13.34% | (14.61%) | 7.12% | 11.89% | 12.41% | 5.56% | 9.52% |
Accounts Receivable Turnover |
1.73 | 3.05 | 3.17 | 7.31 | 5.32 | 12.43 | 22.97 | 71.43 | 50.56 | 52.07 |
Accounts Payable Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
1,201.85 | 908.86 | 345.33 | 401.19 | 442.55 | 478.81 | 477.50 | 457.00 | 516.50 | 615.50 |
Average Payables |
74.74 | 63.17 | 69.88 | 82.62 | 107.17 | 1,483.49 | 2,911.00 | 3,156.50 | 3,477.00 | 3,738.50 |
Average Assets |
5,094.68 | 6,310.31 | 6,491.36 | 7,266.89 | 16,105.60 | 27,085.54 | 143,859.50 | 285,352.50 | 345,691.50 | 419,422.00 |
Average Common Equity |
1,628.25 | 2,250.46 | 2,265.51 | 2,190.77 | 3,721.48 | 7,299.53 | 12,003.00 | 19,100.50 | 26,700.50 | 35,341.50 |
Columns are period end dates