Apollo Global Management, Inc.
APO · Price history
Price at last available close
$113.45
−$5.55 (-4.66%) 1M
2026-10-28
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Company & revenue
About Apollo Global Management, Inc.
Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.
Who they are
Apollo Global Management, Inc. operates as a prominent investment management firm, primarily concentrating its efforts across credit, private equity, and real estate asset classes. Within its private equity division, Apollo engages in a broad spectrum of transactions, ranging from traditional management buyouts, recapitalizations, and distressed acquisitions to corporate carve-outs, growth capital infusions, turnaround financing, bridge loans, strategic acquisitions, and industry consolidation initiatives. This also includes debt investments in real estate and corporate partnerships, along with investments in distressed assets and special situations within the middle market.
How they make money
Apollo operates as a global alternative asset manager and retirement services provider. It generates revenue primarily through management fees, advisory and transaction fees from its asset management business, and investment income derived from its retirement services segment, which includes the operations of Athene.
Products & services
Apollo provides alternative investment management services across credit and equity strategies, alongside retirement services including annuities and other insurance products.
Brands & revenue mix
A leading retirement services company and a core component of Apollo's business model.
Separate brand revenue is not available in this research.Source
Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.
Product / operating segments
Geographic revenue
No reconciled geographic revenue breakdown was confirmed for the current research period.
Customer types
Disclosed major customers
- Athene Holding Ltd.Source
Customer concentration
As of December 31, 2025, Apollo managed or advised $392.2 billion of AUM in accounts owned by or related to Athene, representing a significant portion of its asset management business.
Suppliers, materials & equipment
No supplier relationships were confirmed in the sources reviewed. This does not mean the company has no suppliers.
Business relationships & partnerships
- Athora — A strategic partnership involving the management of assets for the European insurance group.Source
Competitors
- Blackstone Inc. — Global alternative asset manager competing in private equity, credit, and real estate.Source
- KKR & Co. Inc. — Global investment firm offering alternative asset management and capital markets solutions.Source
- The Carlyle Group Inc. — Global investment firm focused on private equity, credit, and investment solutions.Source
Strengths
Wall Street Score
Overall investment score · Quality, value, risk and opportunity
61
Fair
View category scores →
Company Quality
How good is the actual business—regardless of today’s stock price?
71
Strong
Financial Strength
51
Business Quality / Moat
93
Management
79
Growth Quality
65
Risk / Durability
64
Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.
Opportunity
Opportunity Score · How does the current price compare with estimated value?
74
Fair
Based on current valuation, company quality, recent trends, and available market signals.
View score details →
Model Outlook
12-month model · What does the model think happens next?
73/100
Building Historical Record
Model Score 73/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.
Probability unavailable — the model has not produced a calibrated probability yet.
Click for full breakdown →
WSS View
The quick read
The overall Wall Street Score is mixed across its combined quality, valuation and risk inputs. Review the category scores to identify what is helping or hurting the result.
At today’s price, the WSS valuation framework currently reads as relatively attractive.
The model outlook is currently positive.
- •Asset quality scores strongly
- •Valuation scores attractively
- •Recent buyback activity is present
- •M&A headline · Oct 17, 2026
- •M&A headline · Sep 29, 2026
- •Revenue fundamentals are weak
- •Debt / balance-sheet profile needs attention
Company-specific research
Questions worth answering for APO
These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.
- •Can APO maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
- •Is APO's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
- •How is APO likely to use its cash advantage: reinvestment, acquisitions, debt reduction, dividends or buybacks?
- •Is APO's valuation discount tied to a temporary concern or to a longer-term business risk?
Essential Investment Snapshot
Wall Street Score
61
Opportunity Score
74
Market Cap
$67.00B
P/E Ratio
25.1
EPS
$4.62
52-Week High
$153.29
52-Week Low
$99.56
Beta
1.51
Intrinsic Value
$177.87
Analyst Target
$145.00
Shares Outstanding
607.9M
Total Revenue
$35.95B
Total Debt
$13.73B
Dividend Yield (TTM)
1.89%
Liquidation Value / Share
$68.24
Dividend / Share (TTM)
$2.15
Momentum & Volatility Signals
Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.
Weakening momentum
Low movement
A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.
A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.
Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.
Notices for APO
Detected from reported data — verify before acting.Dividend history reported
Dividend payments are recorded. Review the dates and regular/special classification below; past payments do not guarantee future dividends.
Historical repurchase activity
Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.
M&A headline · Oct 17, 2026
Apollo Global Management Inc. $APO Stock Acquired by Fort Washington Investment Advisors Inc. OH — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.
Defense WorldM&A headline · Sep 29, 2026
Apollo Funds Announce Completion of Acquisition of Nippon Sheet Glass, Marking New Chapter of Growth — This is a provider-linked headline, not an independently confirmed event. Check the article and company filings for the subject, proposed/completed status, and subsequent updates.
GlobeNewsWireCommunity Sentiment
0 active · 0 total callsNo personal call yet on APO.
Potential upside factors
- +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
- +Integrated business model combining asset management and retirement services.
- +Significant scale in credit-oriented investment strategies.
- +Positive free cash flow may provide capacity to invest in growth.
Potential downside factors
- −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Asset Management industry.
- −Market volatility and economic downturns affecting investment performance.
- −Regulatory changes impacting the financial services and insurance industries.
These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.
Create a free account to make a call.
Scores
Click any score for full breakdownWas this stock page easy to understand?
One click helps us improve the research experience. This is not tied to an investment decision.
Score Changes
6 historical score records availablePrevious Score
57
Sep 8, 2026
Change
+3.6
points
Current Score
61
Oct 1, 2026
Category Changes
APO increased 3.6 points because Capital improved by 2 points, Valuation improved by 15.6 points.
Positive Contributors
- + Capital improved by 2 points
- + Valuation improved by 15.6 points
Projected Score
Projected Score
68
Projected Change
+7.7 points
Preliminary comparable-period financial changes suggest improvement of approximately 7.7 points. This is a projected estimate, not the official WallStreetScore.
Price vs. Value
UndervaluedCurrent Price
$113.45
Model Intrinsic Value
$177.87
Difference
−$64.42
-36.2% vs IV
Margin of Safety
36.2%
Financial Charts
Revenue
Additional Metrics
Operating Cash Flow
Total Debt
Total Assets
Net Margin %
Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.
| Line Item | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $35.95B | $32.05B | $26.11B | $32.64B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Cost of Revenue | $5.59B | $1.44B | $1.14B | $1.03B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Gross Profit | $30.36B | $30.61B | $24.97B | $31.62B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Research & Development | $0.00 | $0.00 | $0.00 | $0.00 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| SG&A Expenses | $3.87B | $3.10B | $2.64B | $2.57B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Expenses | $21.69B | $22.35B | $16.68B | $25.47B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| EBITDA | $9.45B | $8.48B | $8.85B | $6.65B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Operating Income | $8.68B | $8.26B | $8.30B | $6.15B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Interest Expense | $433.0M | $370.0M | $226.0M | $258.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Before Tax | $7.42B | $6.68B | $7.43B | $5.59B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Income Tax Expense | $3.12B | $1.28B | $1.06B | -$923.0M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Net Income | $1.88B | $3.49B | $4.43B | $4.88B | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic EPS | $4.62 | $5.58 | $7.39 | $8.32 | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Basic Shares | 592M | 608M | 586M | 581M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
| Diluted Shares | 610M | 608M | 604M | 589M | ···· | ···· | ···· | ···· | ···· | ···· | ···· |
Earnings Summary
Revenue
$11.21B
Estimate unavailable.
Revenue Beat/Miss
Not available (no estimate stored)
EPS
$2.15
Estimate unavailable.
EPS Beat/Miss
Not available (no estimate stored)
Debt Change
+13.0%
Cash Change
+102.4%
Margin Change
+2.9 pp
Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.
Financial Changes Since Prior Period
What Improved
- Margins expanded
- Cash position grew
What Weakened
- Debt increased
Potential Score Impact
Positive indicators included revenue growth, EPS growth, cash levels, net income margin. Pressure indicators included debt levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.
Stored Earnings Analysis
Revenue increased 64.5%. EPS increased 117.2%. Cash increased 102.4%. Total debt increased 13.0%. Net income margin improved by 2.9 percentage points.
Earnings-Call Transcript
Earnings-call transcript analysis is not currently available.
These results may influence future scores when the next evaluation is completed.
Insider Activity
Guru / Smart Money
Guru Score
23
Smart Money
23
Number of Gurus
3
Total Guru Value
Avg Portfolio Weight
Largest Holder
Largest Holder %
New Positions
Increased Positions
Reduced Positions
Exited Positions
Net Guru Sentiment
Short Interest
Dividend History
Log in to view dividend history.
Conservative Projected Values
3 Years
$———.——
5 Years
$———.——
10 Years
$———.——
Conservative Projection Rate
——%
Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.
Conservative Projected Values
Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.
Start 7-Day Free TrialHistorical Outperformance Record
Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.
Start 7-Day Free TrialHistorical Trends
6 historical recordsHistorical Score Chart
3 of 6 records shownWall Street Score
Debt Score
Revenue Score
Asset Score
Capital Score
Management Score
Moat Score
Valuation Score
Buffett Score
Intrinsic Value
Value Reference
Margin of Safety %
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News
Apollo Global Management Inc. (APO) Reports Next Week: Wall Street Expects Earnings Growth
Mubadala Capital Announces Strategic Investment from Apollo
16,782 Apollo Global Management Inc. $APO Shares Bought by DHJJ Financial Advisors Ltd.
A Historic Opportunity To Buy The Dip In Alternative Asset Managers
Rumor Mill · APO
Corporate developments & opportunities
No reviewed developments match this filter.
Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.
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