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%
Market cap
$66.1B
P/E
39.6×
Fwd P/E
15.6×
Dividend yield
1.94%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Apollo Global Management Inc. (APO) Debt to equity

Alert me on Debt to equity

Apollo Global Management Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 0.3×, up 0.0× from fiscal 2025 (0.3×). Over the past ten years it has ranged from 0.3× (fiscal 2021) to 0.9× (fiscal 2019); the current reading is higher than 18% of that period. That is below the Asset Management industry median of 0.4× and above the Financial sector median of 0.2×.

Debt to equity, annual

Embed this chart

Annual newest first

Period Debt to equity Change
FY2025 0.3× (8.07%)
FY2024 0.3× 6.61%
FY2023 0.3× (28.81%)
FY2022 0.5× 46.55%
FY2021 0.3× (46.29%)
FY2020 0.6× (34.40%)
FY2019 0.9× 57.22%
FY2018 0.6× 18.01%
FY2017 0.5× (35.07%)
FY2016 0.7× (1.88%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.3× (23.72%)
Mar 2026 0.4× 38.02%
Dec 2025 0.3× (0.98%)
Sep 2025 0.3× (11.49%)
42 more quarters

Against its own ten years

Low 0.3× High 0.9×
Ten-year median 0.5×
Current reading's percentile 18

Debt to equity against peers

Company Debt to equity
APO Apollo Global Management Inc. 0.3×
NTRS Northern Trust Corporation compare 0.4×
RJF Raymond James Financial, Inc. compare 0.4×
BAM Brookfield Asset Management Ltd. compare 0.4×
BX Blackstone Inc. compare 0.6×
KKR KKR & Co. Inc. compare 0.7×
ARES Ares Management Corporation compare 0.8×
STT State Street Corporation compare 0.9×
AMP Ameriprise Financial, Inc. compare 1.0×
Asset Management industry median 0.4×
Financial sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

More on APO