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Financial Services · Asset Management - Global · United States · Updated May 11, 12:49pm
$132.49
Price
$76.4B
Market Cap
5,141
Employees
1.52
Beta
Marc Jeffrey Rowan
CEO
Business Description
Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity and real estate 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 capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions. 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 seeks to invest in companies based in across Africa, North America with a focus on United States, and Europe. The firm also makes investments outside North America, primarily in Western Europe and Asia. It employs a combination of contrarian, value, and distressed strategies to make its investments. The firm seeks to make investments in the range of $10 million and $1500 million. The firm seeks to invest in companies with Enterprise value between $750 million to $2500 million. The firm conducts an 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 and Europe.
Business History
Price Overview
Last updated: May 11, 2026 12:49pm (just now)$132.49
-0.71 (-0.53%)
Day Range
$130.98 – $133.69
52-Week Range
$99.56 – $157.28
50-Day MA
$114.84
200-Day MA
$130.04
Volume
873,496.00
Analyst Price Targets
Low
$136.00
Consensus
$157.25
High
$186.00
(43 analysts)
Share Structure
Outstanding
576,518,000.00
Float
450,617,619.00
Free Float
78.2%
Normal free float
— 78.2% of shares trade freely, ~21.8% held by insiders/institutions
Healthy float typical of established companies. Good liquidity for entering and exiting positions without major price impact.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
36.67
Stock Price: $132.49
EPS (Diluted): 7.31
EPS (Diluted): 7.31
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
3.77
Stock Price: $132.49
Total Equity: $23.34B
Shares: 607,913,669
Total Equity: $23.34B
Shares: 607,913,669
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
7.24
Market Cap: $76.38B
Total Debt: $13.36B
Cash: $19.24B
EBITDA: $10.49B
Total Debt: $13.36B
Cash: $19.24B
EBITDA: $10.49B
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$82.1B
Market Cap: $76.38B
Total Debt: $13.36B
Cash: $19.24B
Total Debt: $13.36B
Cash: $19.24B
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
88.5%
Gross Profit: $26.81B
Revenue: $30.30B
Revenue: $30.30B
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
34.4%
Operating Income: $10.42B
Revenue: $30.30B
Revenue: $30.30B
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
14.8%
Net Income: $4.48B
Revenue: $30.30B
Revenue: $30.30B
ROE (Profit from shareholder equity)
APINet Income / Total Equity
10.0%
Net Income: $4.48B
Total Equity: $23.34B
Total Equity: $23.34B
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
1.3%
Operating Income: $10.42B
Tax Rate: 10.4%
Equity: $23.34B
Total Debt: $13.36B
Cash: $19.24B
Tax Rate: 10.4%
Equity: $23.34B
Total Debt: $13.36B
Cash: $19.24B
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
0.78
Current Assets: $260.36B
Current Liabilities: $331.90B
Current Liabilities: $331.90B
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.57
Short-Term Debt: $0.00
Long-Term Debt: $13.36B
Total Debt: $13.36B
Total Equity: $23.34B
Long-Term Debt: $13.36B
Total Debt: $13.36B
Total Equity: $23.34B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$49.84
Revenue: $30.30B
Shares: 607,913,669
Shares: 607,913,669
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$38.40
Total Equity: $23.34B
Shares: 607,913,669
Shares: 607,913,669
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$12.26
Operating CF: $7.45B
CapEx: $0.00
Shares: 607,913,669
CapEx: $0.00
Shares: 607,913,669
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
1.5%
Last Dividend: N/A
Stock Price: $132.49
Stock Price: $132.49
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $4.48B
Net Income: $4.48B
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares APO against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $6.0B | $11.0B | $32.6B | $26.1B | $30.3B |
| Cost of Revenue | $778.0M | $927.0M | $1.0B | $1.1B | $3.5B |
| Gross Profit | $5.2B | $10.0B | $31.6B | $25.0B | $26.8B |
| Operating Expenses | $3.2B | $14.4B | $25.5B | $16.7B | $16.4B |
| Operating Income | $2.0B | -$4.4B | $6.1B | $8.3B | $10.4B |
| Net Income | $1.8B | -$2.0B | $4.9B | $4.4B | $4.5B |
| EBITDA | $5.8B | -$3.5B | $6.6B | $8.8B | $10.5B |
| EPS | $7.32 | $-3.43 | $8.32 | $7.39 | $7.31 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $1.4B | $9.5B | $15.9B | $16.2B | $19.2B |
| Total Current Assets | $2.6B | $133.9B | $176.6B | $215.7B | $260.4B |
| Total Assets | $30.5B | $257.2B | $313.5B | $377.9B | $460.9B |
| Current Liabilities | $4.1B | $184.3B | $216.4B | $269.6B | $331.9B |
| Long-Term Debt | $13.7B | $6.5B | $8.1B | $10.6B | $13.4B |
| Total Liabilities | $18.5B | $241.8B | $288.2B | $346.9B | $418.4B |
| Total Equity | $3.8B | $6.6B | $14.0B | $17.3B | $23.3B |
| Retained Earnings | $1.1B | -$1.0B | $3.0B | $6.0B | $7.6B |
Cash Flow (Annual)
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $1.1B | $3.8B | $6.3B | $3.3B | $7.5B |
| Capital Expenditure | -$64.7M | -$202.5M | $0 | $0 | $0 |
| Free Cash Flow | $999.3M | $3.6B | $6.3B | $3.3B | $7.5B |
| Acquisitions (net) | -$366.8M | $30.3B | $0 | $0 | $99.0M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$299.0M | -$635.0M | -$561.0M | -$890.0M | -$773.0M |
| Net Change in Cash | -$378.2M | $9.0B | $6.6B | -$579.0M | $3.5B |
Analyst Estimates (Annual)
| Metric | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| Revenue |
$23.0B $22.4B – $23.6B
|
$26.7B $25.9B – $28.6B
|
$30.3B $29.4B – $31.5B
|
$8.4B $8.2B – $8.8B
|
| EBITDA |
$7.1B $6.9B – $7.3B
|
$8.2B $8.0B – $8.8B
|
$9.3B $9.1B – $9.7B
|
$2.6B $2.5B – $2.7B
|
| Net Income |
$5.4B $5.2B – $5.7B
|
$6.5B $6.2B – $6.8B
|
$7.5B $6.3B – $8.7B
|
$8.0B $7.7B – $8.4B
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +84.3% | +197.6% | -20.0% | +16.0% |
| Gross Profit Growth | +94.1% | +214.9% | -21.0% | +7.3% |
| Operating Income Growth | -321.4% | +240.5% | +35.0% | +25.6% |
| Net Income Growth | -206.6% | +348.9% | -9.3% | +1.2% |
| EBITDA Growth | -160.3% | +290.1% | +33.1% | +18.5% |
Insider Trading (Recent)
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-02-18 | Chatterjee Whitney | F-InKind | 4,899.00 | $132.43 | $648,775 |
| 2026-02-18 | Zelter James C | F-InKind | 319.00 | $125.15 | $39,923 |
| 2026-02-18 | Zito John P. | F-InKind | 11,866.00 | $125.15 | $1.5M |
| 2026-02-18 | Kelly Martin | F-InKind | 3,629.00 | $132.43 | $480,588 |
| 2026-02-17 | KLEINMAN SCOTT | A-Award | 2,048.00 | $129.23 | $264,663 |
| 2026-02-17 | Kvalheim Grant | F-InKind | 5,042.00 | $132.43 | $667,712 |
| 2026-02-13 | Belardi James Richard | M-Exempt | 147,813.00 | $29.55 | $4.4M |
| 2026-02-17 | Belardi James Richard | F-InKind | 29,254.00 | $132.43 | $3.9M |
| 2026-02-13 | Belardi James Richard | M-Exempt | 147,813.00 | $29.55 | $4.4M |
| 2026-02-10 | Belardi James Richard | A-Award | 41,892.00 | $0.00 | $0 |
| 2026-02-10 | Kvalheim Grant | A-Award | 19,035.00 | $0.00 | $0 |
| 2026-02-10 | Zelter James C | A-Award | 29,313.00 | $0.00 | $0 |
| 2026-02-11 | Zelter James C | F-InKind | 15,122.00 | $132.43 | $2.0M |
| 2026-02-10 | Zito John P. | A-Award | 167,252.00 | $0.00 | $0 |
| 2026-02-11 | Zito John P. | F-InKind | 27,876.00 | $132.43 | $3.7M |
| 2026-02-10 | Kinahan Kristiane Elaine | A-Award | 10,912.00 | $0.00 | $0 |
| 2026-02-11 | Kinahan Kristiane Elaine | F-InKind | 725.00 | $132.43 | $96,012 |
| 2026-02-10 | Chatterjee Whitney | A-Award | 96,046.00 | $0.00 | $0 |
| 2026-02-11 | Chatterjee Whitney | F-InKind | 29,349.00 | $132.43 | $3.9M |
| 2026-02-10 | Kelly Martin | A-Award | 116,087.00 | $0.00 | $0 |
Dividend History (Last 20)
| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-05-19 | $0.56 | 2026-05-06 | 2026-05-19 | 2026-05-29 |
| 2026-02-19 | $0.51 | 2026-02-09 | 2026-02-19 | 2026-02-27 |
| 2025-11-17 | $0.51 | 2025-11-04 | 2025-11-17 | 2025-11-28 |
| 2025-08-18 | $0.51 | 2025-08-05 | 2025-08-18 | 2025-08-29 |
| 2025-05-16 | $0.51 | 2025-05-02 | 2025-05-16 | 2025-05-30 |
| 2025-02-18 | $0.46 | 2025-02-04 | 2025-02-18 | 2025-02-28 |
| 2024-11-18 | $0.46 | 2024-11-05 | 2024-11-18 | 2024-11-29 |
| 2024-08-16 | $0.46 | 2024-08-01 | 2024-08-16 | 2024-08-30 |
| 2024-05-16 | $0.46 | 2024-05-02 | 2024-05-17 | 2024-05-31 |
| 2024-02-16 | $0.43 | 2024-02-08 | 2024-02-20 | 2024-02-29 |
| 2023-11-16 | $0.43 | 2023-11-01 | 2023-11-17 | 2023-11-30 |
| 2023-08-17 | $0.43 | 2023-08-03 | 2023-08-18 | 2023-08-31 |
| 2023-05-19 | $0.43 | 2023-05-09 | 2023-05-22 | 2023-05-31 |
| 2023-02-17 | $0.40 | 2023-02-09 | 2023-02-21 | 2023-02-28 |
| 2022-11-16 | $0.40 | 2022-11-02 | 2022-11-17 | 2022-11-30 |
| 2022-08-17 | $0.40 | 2022-08-04 | 2022-08-18 | 2022-08-31 |
| 2022-05-17 | $0.40 | 2022-05-05 | 2022-05-18 | 2022-05-31 |
| 2022-02-17 | $0.40 | 2022-02-11 | 2022-02-18 | 2022-02-28 |
| 2021-11-18 | $0.50 | 2021-11-02 | 2021-11-19 | 2021-11-30 |
| 2021-08-18 | $0.50 | 2021-08-04 | 2021-08-19 | 2021-08-31 |
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.193 · 1946f027 · 2026-05-08 18:57:27