APO Capital Markets
Apollo Global Management, Inc.
Apollo is an alternative asset manager and, through its Athene subsidiary, a retirement services provider. It managed $938.4 billion of assets at the end of 2025, mostly credit ($749.2 billion), and its total assets under management reached $1.05 trillion by mid-2026. Apollo earns management and transaction fees on the funds it runs (Asset Management) and an investment spread on Athene's annuities and funding agreements (Retirement Services). In 2025 total revenues were $32.0 billion and segment income $6.2 billion. Net income attributable to common stockholders was $3.4 billion, down from $4.5 billion in 2024.
Last updated
Analysis last edited: October 9, 2026 · Financial data fetched: October 8, 2026 13:30 (SEC EDGAR) · Source 10-K filed: February 25, 2026
Next update expectedAfter FY2026’s 10-K is filed (roughly 60–90 days after fiscal year end (sooner for larger filers)), financials and analysis will be refreshed.
01
Company profile
- Legal name
- Apollo Global Management, Inc.
- Headquarters
- NEW YORK, NY
- Incorporated in
- Delaware
- Fiscal year end
- 12/31
- Exchange & ticker
- NYSE: APO
- Industry
- Capital Markets
- CIK
- 1858681
- Website
- https://www.apollo.com/ ↗
- IR page
- https://ir.apollo.com/ ↗
Workforce (as of FY2025 year-end)
Employees
6,140
Source: Form 10-K (FY2025) cover page and business description
02
Earnings calendar
When the company reports each quarter: the quarter-end date, the day results were released, and when the 10-Q or 10-K was filed.
Next report
Q3 FY2026
Quarter end: September 2026. In past years, Q3 results were released 2–36 days after quarter end (Oct 2, 2025; Nov 5, 2024; Nov 1, 2023). No date has been announced in the sources this site uses.
Reporting pattern
- Fiscal year ends around December 31.
- Reports four times a year: three quarterly reports (10-Q) and an annual report (10-K) for Q4.
- Earnings releases came 1–39 days after quarter end over the last 12 quarters.
| Quarter | Quarter ended | Earnings release (8-K) | Report filed (10-Q / 10-K) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | Jul 1, 2026 (+1 days) | Aug 10, 2026 10-Q (+41 days) |
| Q1 FY2026 | Mar 31, 2026 | Apr 1, 2026 (+1 days) | May 7, 2026 10-Q (+37 days) |
| Q4 FY2025 | Dec 31, 2025 | Jan 2, 2026 (+2 days) | Feb 25, 2026 10-K (+56 days) |
| Q3 FY2025 | Sep 30, 2025 | Oct 2, 2025 (+2 days) | Nov 10, 2025 10-Q (+41 days) |
| Q2 FY2025 | Jun 30, 2025 | Jul 1, 2025 (+1 days) | Aug 7, 2025 10-Q (+38 days) |
| Q1 FY2025 | Mar 31, 2025 | Apr 2, 2025 (+2 days) | May 7, 2025 10-Q (+37 days) |
| Q4 FY2024 | Dec 31, 2024 | Jan 2, 2025 (+2 days) | Feb 24, 2025 10-K (+55 days) |
| Q3 FY2024 | Sep 30, 2024 | Nov 5, 2024 (+36 days) | Nov 6, 2024 10-Q (+37 days) |
| Q2 FY2024 | Jun 30, 2024 | Aug 1, 2024 (+32 days) | Aug 8, 2024 10-Q (+39 days) |
| Q1 FY2024 | Mar 31, 2024 | May 2, 2024 (+32 days) | May 7, 2024 10-Q (+37 days) |
| Q4 FY2023 | Dec 31, 2023 | Feb 8, 2024 (+39 days) | Feb 27, 2024 10-K (+58 days) |
| Q3 FY2023 | Sep 30, 2023 | Nov 1, 2023 (+32 days) | Nov 7, 2023 10-Q (+38 days) |
Source: SEC EDGAR filing history. Release dates are the dates the earnings release was furnished to the SEC on Form 8-K (Item 2.02), which is normally the day results are announced. Fiscal years are labeled by the calendar year in which they end.
03
Flagship products & services
Asset Management
Credit
Examples: Direct origination, asset-backed finance, opportunistic credit, multi-credit
$749.2B of AUM at year-end 2025.
Asset Management
Equity
Examples: Corporate private equity, hybrid value, AAA, real estate (Bridge), infrastructure
$189.2B of AUM; traditional private equity funds earned a 39% gross / 24% net IRR since inception.
Retirement Services
Annuities
Examples: Fixed rate, fixed indexed, registered index-linked, payout, and group annuities
Sold through retail, flow reinsurance, and institutional channels.
Retirement Services
Funding agreements
Examples: FABN, FABR, FHLB, direct issuance
Institutional funding issued opportunistically.
From the FY2025 Form 10-K, Item 1.
04
Recent strategic focus
FY2025 from the 10-K, and 2026 events from 8-Ks.
AUM above $1 trillion
Total AUM was $1,047B at June 30, 2026, with $298B of inflows over the last twelve months.
Source: Q2 2026 earnings release
Q2 2026 results
Net income to common stockholders of $1.34B in Q2 after a Q1 loss, leaving a year-to-date loss of $594M; Adjusted Net Income was $1.31B in Q2.
Source: Q2 2026 earnings release
Bridge acquisition
Completed September 2, 2025 in an all-stock deal, adding a U.S. residential and industrial real estate fund manager.
Source: Form 10-K (FY2025)
Refinancing
Issued $750M of 5.700% senior notes due 2036 in March 2026, partly to retire $500M of 4.400% notes due 2026.
Source: 8-K filed 2026-03-30
Where the money goes, over time
Unit: $M
- M&A spend
formulacapital expenditures ÷ depreciation & amortization
termsCapital expenditures (capex) · Depreciation & amortization (D&A)
Source: each period's Form 10-K (SEC EDGAR). Latest: filed 2026-02-25
05
Key figures at a glance
FY2021–FY2025, 5 years.
Total revenue (FY2025)
$32.05B
As reported in the 10-K
Revenue CAGR (4 years)
+52.3%▲favorable
formula(last-period revenue ÷ first-period revenue) ^ (1 ÷ years) − 1
e.g.($32,049M ÷ $5,951M) ^ (1÷4) − 1 = 52.3%
termsCAGR · ^ (exponent) · Revenue (net sales)
ROE (FY2025)
17.2%▲favorable
5-year average: 21.2%
As reported in the 10-K
- ▲
Revenue grew +52.3% a year over 4 years (strong growth)
From $5.95B in FY2021 to $32.05B in FY2025. The annualized rate (CAGR) makes it possible to compare growth pace across companies of different sizes.
- ▲
ROE averaged 21.2% over 5 years (latest: 17.2%)
How much profit was generated on shareholders’ equity. Roughly 10%+ is often cited as solid for a U.S. company, though this varies a lot by industry and capital intensity.
06
Business model
Asset Management
Manages credit and equity funds and accounts for institutions, individuals, and Athene, earning management fees, capital solutions (transaction) fees, and fee-related performance fees.
01 what it draws on
Inputs & resources
- About 4,130 asset management employees (including 600 from Bridge)
- Origination platforms that sourced $309B of assets in 2025
02 what it does
Activities
- Credit investing: direct origination, asset-backed finance, opportunistic credit, multi-credit
- Equity investing: private equity, hybrid value, real estate, infrastructure
- Capital solutions: arranging, syndicating, and placing debt and equity
03 who it serves
Customers
- Pension funds, sovereign wealth funds, endowments, insurers
- Wealth platforms and individuals
- Athene and Athora
04 how money comes in
How it earns
- Management fees
- Capital solutions and advisory fees
- Fee-related performance fees
Asset Management: how it makes money
- Fee Related Earnings $2.53B in 2025, up from $2.06B.
- Perpetual capital was $535.6B of AUM.
Retirement Services (Athene)
Athene issues, reinsures, and acquires retirement savings products — mainly fixed, indexed, and group annuities and funding agreements — and earns the spread between investment income and its cost of funds.
01 what it draws on
Inputs & resources
- About 2,010 employees
- Investment portfolio managed by Apollo
- Third-party capital through ACRA
02 what it does
Activities
- Selling annuities through retail, flow reinsurance, and institutional channels
- Issuing funding agreements
- Investing mostly in high-grade fixed income
03 who it serves
Customers
- Individuals saving for retirement
- Pension plan sponsors (group annuities)
- Institutional investors (funding agreements)
04 how money comes in
How it earns
- Net investment spread
Retirement Services (Athene): how it makes money
- Spread Related Earnings $3.36B in 2025, up 4%.
- Fixed indexed annuities are the largest share of Athene's net reserve liabilities.
Principal Investing
Realized performance fees and investment income from Apollo's balance sheet investments, net of related compensation and corporate costs.
01 what it draws on
Inputs & resources
- Apollo's own investments in its funds
02 what it does
Activities
- Earning performance fees when funds realize gains
03 who it serves
Customers
- —
04 how money comes in
How it earns
- Realized performance fees
- Realized investment income
Principal Investing: how it makes money
- Principal Investing Income $338M in 2025.
- Apollo says this income is inherently more volatile than its other segments.
Revenue by segment (FY2025)
Unit: $M — bar length = revenue, (%) = share of total company revenue, margin = segment profit ÷ segment revenue × 100
Asset Management
4,465 (22%)profit 2,528 · margin 56.6%
Retirement Services
14,451 (72%)profit 3,361 · margin 23.3%
Principal Investing
1,293 (6%)profit 338 · margin 26.1%
Source: Form 10-K (FY2025) — Note on segments Segment revenue and segment income (FRE, SRE, and PII), which differ from GAAP revenue ($32.0B) and net income. Segment income totaled $6.2B.
07
Contract structure
Short-term or spot sales carry different earnings quality than long-term or auto-renewing contracts — this shows how the company actually contracts with its customers.
Most funds Apollo manages invest capital over several years; perpetual capital vehicles are nearly 60% of AUM and can deploy capital continuously. Athene's deferred annuities carry surrender charges for periods that generally range from 3 to 20 years.
- long
Closed-end funds
Part of $938.4B AUM
Typical term: Investors provide capital through capital calls over several years
- long
Perpetual capital vehicles
$535.6B of AUM (nearly 60%)
Typical term: No set end date, but assets may be withdrawn in certain circumstances
Includes assets managed for Athene.
- long
Athene deferred annuities
Largest share of Athene's reserves
Typical term: Surrender charge periods generally 3–20 years; initial charges usually 7–15% of contract value
Funding agreements
Part of Athene's institutional channel
Typical term: Issued to institutions, the FHLB, and trusts under FABN and FABR programs
08
Alliances & capital ties
Equity stakes, joint ventures, and strategic partnerships disclosed across the 10-K, 8-Ks, and proxy statement.
Business partnership
Athora
Apollo provides investment advisory services to Athora, a European life insurance platform, managing or advising $57.2B of AUM in Athora accounts at year-end 2025.
Source: Form 10-K (FY2025) — Item 1
Capital tie / equity stake
ACRA
Athene supplements its capital with long-duration third-party capital through ACRA.
Source: Form 10-K (FY2025) — Item 1
09
Customers & suppliers
Who the company sells to and buys from. Companies rarely name either, so named counterparties come only from the company's own filings and press releases; otherwise this lists the concentration figures the 10-K discloses.
Customers
Public and private pension funds, sovereign wealth funds, endowments, insurers, wealth platforms, family offices, individuals, and Athene's annuity holders.
Named by the company
- Athene — $392.2B of AUM in Athene accounts at year-end 2025.Form 10-K (FY2025) — Item 1
- Athora — $57.2B of AUM managed or advised in Athora accounts.Form 10-K (FY2025) — Item 1
What the filings disclose
- A significant portion of capital raised across closed-ended strategies has historically come from existing investors. (Form 10-K (FY2025), Item 1)
Suppliers
Capital markets counterparties and origination platforms.
Named by the company
None named in the 10-K or the company’s press releases.
What the filings disclose
- Apollo sources assets through 16 origination platforms. (Form 10-K (FY2025), Item 1)
10
Competitors & peers
Competitors the 10-K names, and the peer group the company itself chose in its proxy statement. Nothing here is this site's own pick.
Apollo's 10-K describes an intensely competitive asset management industry — competition for investor capital, investments, and employees — and says Athene competes with diversified financial institutions and insurance and reinsurance companies. It doesn't name specific competitors.
Competitors named in the 10-K
Apollo's 10-K doesn't name competitors.
Peer group the company chose
2025 compensation peer group, from the proxy statement. Peers are companies the board considers comparable — for example when setting executive pay — not necessarily direct competitors.
Alternative asset managers and large investment banks with an asset management business, chosen by assets under management, market capitalization, and business mix.
- Ares Managementsite ↗
- BlackRocksite ↗
- Blackstonesite ↗
- Blue Owl Capitalsite ↗
- Brookfield Asset Managementsite ↗
- The Carlyle Groupsite ↗
- Goldman Sachssite ↗
- KKRsite ↗
- Morgan Stanleysite ↗
- TPGsite ↗
Company names link to this site’s analysis where one exists; “site ↗” opens the company’s own website.
11
M&A history
Companies acquired over the last five years, plus older large acquisitions that still anchor a current business — what each was bought to do, and what happened afterward. From the 10-K, 8-Ks, and the company's press releases.
Apollo grows through acquisitions of investment management companies.
Cash spent on acquisitions, FY2023–FY2025: −$99M (years not reported separately are excluded)
Sep 2025
Bridge Investment Group
All-stock transaction
A real estate fund manager focused on U.S. residential and industrial properties.
- Stated purpose (company)
- Expanding Apollo's real estate equity product offerings.
12
Five years of financials
Each chart's axis holds a single unit (never mixing dollars, %, and $/share). The table's per-period header links to the filing the numbers came from.
Total revenue over time
Unit: $M
Source: each period's Form 10-K (SEC EDGAR). Latest: filed 2026-02-25
Profit over time (operating → net)
Unit: $M
- Pretax income
- Net income
Source: each period's Form 10-K (SEC EDGAR). Latest: filed 2026-02-25
Cash flow over time
Unit: $M (below zero = cash went out)
- Operating CF
- Investing CF
- Free CF
formulacash flow from operations − capital expenditures
termsFree cash flow (FCF) · Cash flow from operations (operating CF) · Capital expenditures (capex)
Source: each period's Form 10-K (SEC EDGAR). Latest: filed 2026-02-25
Financial stability & capital efficiency
Unit: %
- Equity ratio
- ROE
formulatotal equity ÷ total assets × 100 (as reported in the 10-K)
termsStockholders’ equity · Total assets
formulanet income ÷ average equity (beginning + ending, ÷2) × 100 (as reported in the 10-K)
termsNet income (attributable to the company) · Stockholders’ equity
Earnings per share (EPS) and dividend per share
Unit: $
- EPS
- Dividend per share
Source: each period's Form 10-K (SEC EDGAR). Latest: filed 2026-02-25
| Line item | FY2021In next year’s 10-K | FY202210-K on EDGAR ↗ | FY202310-K on EDGAR ↗ | FY202410-K on EDGAR ↗ | FY202510-K on EDGAR ↗ |
|---|---|---|---|---|---|
| Income statement ($M) | |||||
| Revenue | 5,951 | 10,968 | 32,644 | 26,114 | 32,049 |
| Pretax income | 4,861 | -4,246 | 5,586 | 7,435 | 6,677 |
| Net income (attributable) | 1,839 | -1,961 | 5,047 | 4,577 | 3,492 |
| Revenue growthcalc(this year’s revenue − last year’s revenue) ÷ last year’s revenue × 100 | — | 84.3% | 197.6% | -20.0% | 22.7% |
| Net margincalcnet income attributable to the company ÷ revenue × 100 | 30.9% | -17.9% | 15.5% | 17.5% | 10.9% |
| Balance sheet ($M) | |||||
| Total assets | 30,502 | 257,217 | 313,488 | 377,895 | 460,949 |
| Total equity | 10,194 | 14,366 | 25,233 | 30,964 | 42,515 |
| Interest-bearing debtSum of short- and long-term borrowings, notes/bonds payable | 3,134 | 6,472 | 8,092 | 10,588 | 13,364 |
| Equity ratio | 12.4% | 2.6% | 4.5% | 4.6% | 5.1% |
| ROE | 48.5% | -37.6% | 48.8% | 29.2% | 17.2% |
| Cash flow ($M) | |||||
| Operating CF | 1,064 | 3,789 | 6,322 | 3,253 | 7,246 |
| Investing CF | -1,552 | -23,444 | -42,407 | -61,801 | -63,972 |
| Financing CF | 109 | 28,710 | 42,638 | 57,972 | 60,200 |
| Cash and equivalents | 917 | 8,980 | 17,691 | 17,112 | 20,591 |
| Per share & other | |||||
| EPS ($) | 7.32 | -3.43 | 8.28 | 7.33 | 5.54 |
| BVPS ($) | — | 11.64 | 24.74 | 30.50 | 40.31 |
| Dividend per share ($) | 2.10 | 1.60 | 1.69 | 1.81 | 1.99 |
| Payout ratiocalcdividend per share ÷ diluted EPS × 100 | 28.7% | — | 20.4% | 24.7% | 35.9% |
| P/E (x) | 9.9 | — | 11.3 | 22.5 | 26.1 |
| P/B (x)calcP/E × EPS ÷ BVPS (= period-end share price ÷ book value per share) | — | — | 3.77 | 5.42 | 3.59 |
P/B and EV/EBITDA use each period’s period-end (fiscal year-end) figures, not the current share price. Figures without a "calc" tag are as reported in the Form 10-K (five-year selected financial data and the consolidated financial statements), pulled automatically from SEC EDGAR. Where a later filing restated a prior period, the restated figure is used.
13
Is ROIC above WACC?
ROIC (the return on money invested in the business) above WACC (the cost of raising that money) means the company is creating value. WACC is an estimate, so its assumptions can be adjusted below.
Banks, insurers, and similar financial companies aren’t compared this way, since deposits/policies are the business itself and debt can’t be cleanly separated from operating capital.
14
What the price implies (DCF)
A company's value can be written as its free cash flow divided by (cost of capital − perpetual growth). Working that backwards from the market's valuation shows how much growth the share price assumed — compared here with the company's actual past growth.
Not applied to banks, insurers, and similar financial companies: their operating cash flow includes deposits or premiums held for customers, so it isn’t free cash flow available to investors.
15
Earnings quality
The same reported profit can mean different things depending on whether it's backed by cash, driven by the core business, or the result of a one-off item. Four checks below.
Financial companies’ operating cash flow behaves differently from an operating company’s, so this analysis doesn’t apply.
16
Strengths & weaknesses
Strengths
1. Scale in credit
$749.2B of credit AUM and $309B of origination volume in 2025.
Evidence: Form 10-K (FY2025)
2. Permanent capital
Perpetual capital vehicles make up nearly 60% of AUM and over 70% of fee-generating AUM.
Evidence: Form 10-K (FY2025)
3. Growing fee earnings
Fee Related Earnings rose from $1.77B (2023) to $2.53B (2025).
Evidence: Form 10-K (FY2025), segment note
4. Integrated insurer and manager
Athene supplies long-dated liabilities; Apollo originates assets to match them.
Evidence: Form 10-K (FY2025), Item 1
Weaknesses
1. Volatile GAAP earnings
Investment gains and losses swing GAAP results — a $1.96B net loss in 2022 and a year-to-date loss of $594M to common stockholders at mid-2026, despite positive segment earnings.
Evidence: SEC EDGAR XBRL; Q2 2026 earnings release
2. Large balance sheet
Total assets of $460.9B at year-end 2025, mostly Athene's investment portfolio, against total equity of $42.5B.
Evidence: Form 10-K (FY2025)
3. Reliance on Athene
$392.2B of AUM is in Athene accounts.
Evidence: Form 10-K (FY2025)
17
What draws investors to it
Why the stock can look attractive to investors — each point paired with what has to hold for it to stay true, and the opposing view. This is this site's analysis, not a recommendation to buy or sell.
P/E (FY2025)
26.1x
Price at fiscal year-end ÷ diluted EPS
Dividend yield (FY2025)
1.37%
Dividends per share ÷ fiscal year-end price
Payout ratio (FY2025)
36%
Dividends per share ÷ diluted EPS
1. Fee and spread earnings
Fee Related Earnings and Spread Related Earnings together were $5.9B in 2025.
- What has to hold
- Inflows and Athene's spread hold up.
- The other side
- GAAP results swing with investment marks.
Evidence: Form 10-K (FY2025)
2. Private credit growth
Credit is Apollo's largest strategy, and it is expanding to individuals, traditional asset managers, and 401(k) plans.
- What has to hold
- Demand for private credit keeps growing.
- The other side
- Regulation of private funds is increasing.
Evidence: Form 10-K (FY2025)
Apollo is a financial company, so ROIC, WACC, and FCF yield aren't shown. FY2021 figures are those of its predecessor before the 2022 Athene merger.
18
Resilience
How well the company could absorb a bad year: its financial buffer, how its revenue and profit held up in the worst year on record, and what the 10-K says about the business's exposure to shocks. Figures and filing statements only — no overall rating.
1. Financial buffer (FY2025)
For an insurer or bank, debt-coverage ratios like these don’t describe its ability to absorb losses — that depends on its capital, reserves, and investment portfolio, which are covered in part 3 below.
2. Worst year in the record, and the recovery
| Figure | Worst year-over-year change | Back to the prior level? |
|---|---|---|
| Revenue | -20.0% in FY2024 ($32.64B → $26.11B) | Not yet, as of FY2025 |
| Net income | -206.6% in FY2022 ($1.84B → −$1.96B) | Yes, by FY2023 |
Covers only the 5 fiscal years on record (FY2021–FY2025), which may not include a full recession — the worst year here isn’t necessarily how the company would fare in a severe downturn.
3. Business resilience (from the 10-K)
Long-dated capital
Perpetual capital and multi-year fund commitments reduce the risk of sudden withdrawals.
Source: Form 10-K (FY2025), Item 1
Surrender charges
Athene's deferred annuities carry surrender charges (weighted average 6%) that discourage early withdrawals.
Source: Form 10-K (FY2025), Item 1
Volatile investment results
Principal Investing income and GAAP investment gains are more volatile than fee and spread earnings.
Source: Form 10-K (FY2025), Item 1
19
Risks (including geopolitical)
Starting from the 10-K's Risk Factors section, organized by category — geopolitical, currency, raw materials, regulatory, disaster, and more — with impact and likelihood assessed by this site.
Risk map
Vertical = impact on results, horizontal = likelihood. Upper right = most severe. Numbers match the list below (placement is this site’s own assessment).
Likelihood →
"Company disclosure" vs. "this site’s assessment"
The description and mitigation for each risk are this site’s summary of the 10-K’s "Risk Factors" section. Impact and likelihood are this site’s own assessment, not the company’s — where the company discloses its own likelihood assessment, that is noted in the summary.
Impact is judged from how large the affected business is relative to total revenue/profit, and from the risk’s track record of moving results in the past. Likelihood is judged from the filing’s wording and the current business environment (already occurring, or recurring).
- 1Demand & macro
Market and economic conditions
- Company disclosure (summarized from the 10-K)
- Interest rates, credit availability, inflation, tariffs, and geopolitical tensions affect portfolio company results, valuations, financing, and exits.
- Company’s stated mitigation
- Value-oriented, downside-protection investment approach.
- This site’s assessment
- Impact High / Likelihood High
- 2Law & regulation
Regulation of private funds and insurers
- Company disclosure (summarized from the 10-K)
- Apollo's funds and Athene are subject to extensive and changing regulation in the U.S. and abroad.
- Company’s stated mitigation
- Not stated.
- This site’s assessment
- Impact Med / Likelihood High
- 3FX & interest rates
Interest rates and spread
- Company disclosure (summarized from the 10-K)
- Athene's earnings depend on the spread between investment income and its cost of funds.
- Company’s stated mitigation
- Floating-rate assets and hedging.
- This site’s assessment
- Impact High / Likelihood Med
- 4Competition & technology shift
Competition for capital and talent
- Company disclosure (summarized from the 10-K)
- Intense competition for investor capital, investments, and employees in asset management, and from insurers and financial institutions in retirement services.
- Company’s stated mitigation
- Broad product range and distribution.
- This site’s assessment
- Impact Med / Likelihood High
20
What to watch going forward
- Fee Related Earnings growth and inflows.
- Athene's spread and cost of funds.
- GAAP investment gains and losses.
- Integration of Bridge.
- Expansion into wealth and 401(k) channels.
21
Source documents
This page's financial figures come from the Form 10-Ks listed below. Check the original filings for full detail.
Last updated
Analysis last edited: October 9, 2026 · Financial data fetched: October 8, 2026 13:30 (SEC EDGAR) · Source 10-K filed: February 25, 2026
Next update expectedAfter FY2026’s 10-K is filed (roughly 60–90 days after fiscal year end (sooner for larger filers)), financials and analysis will be refreshed.
This page is this site’s own analysis based on public information, and does not represent Apollo Global Management, Inc.’s views. It is not a recommendation to buy or sell any security, and this site does not guarantee the accuracy of any figure or statement here. Always verify against the original source documents before making an investment decision.