Apollo Global Management Inc. (APO) vs Brookfield Asset Management Ltd. (BAM)

Apollo Global Management Inc. and Brookfield Asset Management Ltd. are both Asset Management companies. Apollo Global Management Inc. and Brookfield Asset Management Ltd. are of similar size ($73.0B and $71.3B). Brookfield Asset Management Ltd. trades at the lower P/E: 25.6× against 43.5×. Apollo Global Management Inc. grew revenue faster over the last twelve months: 41.2% against 31.9%. Brookfield Asset Management Ltd. has the higher net margin (48.9% vs 4.95%) and the higher return on invested capital (19.7% vs 16.2%). Both pay a dividend; Brookfield Asset Management Ltd. yields more (3.73% vs 1.76%). Across the 22 metrics below, Apollo Global Management Inc. leads on 12 and Brookfield Asset Management Ltd. on 10.

Valuation

Metric APO BAM Asset Management median
P/E 43.46 25.63 14.62
P/S 2.01 12.42 2.97
P/B 1.80 7.75 0.94
Price to free cash flow 7.66 32.62 8.93
EV/EBITDA 6.56 20.45 10.32
EV/Sales 1.63 12.77 5.72
Earnings yield 2.30% 3.90% 4.53%
Free cash flow yield 13.06% 3.07% 4.65%

Profitability

Metric APO BAM Asset Management median
Gross margin 100.00% 100.00% 100.00%
Operating margin 21.03% 61.57% 33.03%
Net margin 4.95% 48.89% 13.53%
Free cash flow margin 26.39% 40.81% 12.44%
Return on equity 4.90% 30.56% 4.83%
Return on assets 0.39% 15.49% 1.57%
Return on invested capital 16.15% 19.65% 3.04%

Growth

Metric APO BAM Asset Management median
Revenue growth (TTM) 41.23% 31.85% 6.97%
EPS growth (last fiscal year) (33.09%) 14.29% —
Revenue growth, 5-year CAGR 68.58% 16.19% 12.13%
Net income growth, 5-year CAGR 95.13% 43.87% 0.00%

Health

Metric APO BAM Asset Management median
Debt to equity 0.33 0.44 0.42
Current ratio 1.70 0.75 1.28
Net debt to EBITDA (0.84) 0.32 1.06

Dividend

Metric APO BAM Asset Management median
Dividend yield 1.76% 3.73% 6.92%
Payout ratio — — 0.77

Size

Metric APO BAM Asset Management median
Market cap 71.28b 72.97b 721.34m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack