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) Operating margin

Alert me on Operating margin

Apollo Global Management Inc.'s operating margin over the twelve months to 30 June 2026 was 21.0%, down 0.9 percentage points from fiscal 2025 (21.9%). Over the past ten years it has ranged from −43.9% (fiscal 2022) to 52.8% (fiscal 2017); the current reading is higher than 27% of that period. That is below the Asset Management industry median of 33.4% and above the Financial sector median of 0.00%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 21.9% (6.29)
FY2024 28.2% 11.46
FY2023 16.7% 60.66
FY2022 −43.9% (77.14)
FY2021 33.2% (5.37)
FY2020 38.6% (7.10)
FY2019 45.7% 22.84
FY2018 22.8% (30.01)
FY2017 52.8% 6.97
FY2016 45.9% 22.76

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 22.4% 13.39
Mar 2026 9.03% (8.99)
Dec 2025 18.0% (10.66)
Sep 2025 28.7% 11.71
42 more quarters

Against its own ten years

Low −43.9% High 52.8%
Ten-year median 28.2%
Current reading's percentile 31

Operating margin against peers

Company Operating margin
BAM Brookfield Asset Management Ltd. compare 61.6%
BX Blackstone Inc. compare 50.5%
AMP Ameriprise Financial, Inc. compare 34.0%
RJF Raymond James Financial, Inc. compare 27.5%
APO Apollo Global Management Inc. 21.0%
ARES Ares Management Corporation compare 18.1%
KKR KKR & Co. Inc. compare 8.92%
NTRS Northern Trust Corporation compare 0.00%
STT State Street Corporation compare 0.00%
Asset Management industry median 33.4%
Financial sector median 0.00%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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