APOLLO GLOBAL MANAGEMENT INC (APO) Fundamental Analysis & Valuation

NYSE:APO • US03769M1062

109.79 USD
+2.71 (+2.53%)
At close: Mar 4, 2026
110.35 USD
+0.56 (+0.51%)
After Hours: 3/4/2026, 8:08:40 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This APO fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

3

Overall APO gets a fundamental rating of 3 out of 10. We evaluated APO against 97 industry peers in the Financial Services industry. Both the profitability and financial health of APO have multiple concerns. APO has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

3

1. APO Profitability Analysis

1.1 Basic Checks

  • APO had positive earnings in the past year.
  • APO had a positive operating cash flow in the past year.
  • The reported net income has been mixed in the past 5 years: APO reported negative net income in multiple years.
  • In the past 5 years APO always reported a positive cash flow from operatings.
APO Yearly Net Income VS EBIT VS OCF VS FCFAPO Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B -4B 6B

1.2 Ratios

  • APO's Return On Assets of 0.71% is on the low side compared to the rest of the industry. APO is outperformed by 60.82% of its industry peers.
  • With a decent Return On Equity value of 14.08%, APO is doing good in the industry, outperforming 74.23% of the companies in the same industry.
  • Looking at the Return On Invested Capital, with a value of 1.47%, APO is in line with its industry, outperforming 42.27% of the companies in the same industry.
Industry RankSector Rank
ROA 0.71%
ROE 14.08%
ROIC 1.47%
ROA(3y)0.64%
ROA(5y)1.66%
ROE(3y)9.76%
ROE(5y)17.05%
ROIC(3y)N/A
ROIC(5y)N/A
APO Yearly ROA, ROE, ROICAPO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 -20 40

1.3 Margins

  • APO has a Profit Margin (11.44%) which is comparable to the rest of the industry.
  • In the last couple of years the Profit Margin of APO has declined.
  • Looking at the Operating Margin, with a value of 26.51%, APO is in the better half of the industry, outperforming 73.20% of the companies in the same industry.
  • APO's Operating Margin has declined in the last couple of years.
Industry RankSector Rank
OM 26.51%
PM (TTM) 11.44%
GM N/A
OM growth 3Y-2.59%
OM growth 5Y-7.21%
PM growth 3Y-15.29%
PM growth 5Y-7.97%
GM growth 3YN/A
GM growth 5YN/A
APO Yearly Profit, Operating, Gross MarginsAPO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40 -60

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2

2. APO Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so APO is destroying value.
  • The number of shares outstanding for APO has been increased compared to 1 year ago.
  • Compared to 5 years ago, APO has more shares outstanding
  • APO has a better debt/assets ratio than last year.
APO Yearly Shares OutstandingAPO Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M
APO Yearly Total Debt VS Total AssetsAPO Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100B 200B 300B 400B

2.2 Solvency

  • APO has an Altman-Z score of 0.19. This is a bad value and indicates that APO is not financially healthy and even has some risk of bankruptcy.
  • APO's Altman-Z score of 0.19 is in line compared to the rest of the industry. APO outperforms 45.36% of its industry peers.
  • The Debt to FCF ratio of APO is 4.11, which is a neutral value as it means it would take APO, 4.11 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 4.11, APO is in the better half of the industry, outperforming 64.95% of the companies in the same industry.
  • APO has a Debt/Equity ratio of 0.57. This is a neutral value indicating APO is somewhat dependend on debt financing.
  • With a Debt to Equity ratio value of 0.57, APO perfoms like the industry average, outperforming 52.58% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.57
Debt/FCF 4.11
Altman-Z 0.19
ROIC/WACC0.18
WACC8.27%
APO Yearly LT Debt VS Equity VS FCFAPO Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5B 10B 15B 20B

2.3 Liquidity

  • APO has a Current Ratio of 0.04. This is a bad value and indicates that APO is not financially healthy enough and could expect problems in meeting its short term obligations.
  • APO has a worse Current ratio (0.04) than 79.38% of its industry peers.
  • A Quick Ratio of 0.04 indicates that APO may have some problems paying its short term obligations.
  • APO has a Quick ratio of 0.04. This is in the lower half of the industry: APO underperforms 79.38% of its industry peers.
Industry RankSector Rank
Current Ratio 0.04
Quick Ratio 0.04
APO Yearly Current Assets VS Current LiabilitesAPO Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. APO Growth Analysis

3.1 Past

  • APO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.79%, which is quite good.
  • Measured over the past years, APO shows a very strong growth in Earnings Per Share. The EPS has been growing by 32.92% on average per year.
  • Looking at the last year, APO shows a very strong growth in Revenue. The Revenue has grown by 21.01%.
EPS 1Y (TTM)12.79%
EPS 3Y19.02%
EPS 5Y32.92%
EPS Q2Q%11.26%
Revenue 1Y (TTM)21.01%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%86.71%

3.2 Future

  • Based on estimates for the next years, APO will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.04% on average per year.
  • APO is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -15.93% yearly.
EPS Next Y10.79%
EPS Next 2Y14.68%
EPS Next 3YN/A
EPS Next 5Y15.04%
Revenue Next Year36.93%
Revenue Next 2Y21.98%
Revenue Next 3Y21.1%
Revenue Next 5Y-15.93%

3.3 Evolution

  • Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
APO Yearly Revenue VS EstimatesAPO Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 10B 20B 30B
APO Yearly EPS VS EstimatesAPO Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2029 0 5 10

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5

4. APO Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 13.10 indicates a correct valuation of APO.
  • APO's Price/Earnings ratio is in line with the industry average.
  • Compared to an average S&P500 Price/Earnings ratio of 27.03, APO is valued rather cheaply.
  • With a Price/Forward Earnings ratio of 11.83, the valuation of APO can be described as very reasonable.
  • The rest of the industry has a similar Price/Forward Earnings ratio as APO.
  • APO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 25.11.
Industry RankSector Rank
PE 13.1
Fwd PE 11.83
APO Price Earnings VS Forward Price EarningsAPO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of APO indicates a rather cheap valuation: APO is cheaper than 84.54% of the companies listed in the same industry.
  • The rest of the industry has a similar Price/Free Cash Flow ratio as APO.
Industry RankSector Rank
P/FCF 19.59
EV/EBITDA 6.58
APO Per share dataAPO EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 10 20 30 40

4.3 Compensation for Growth

  • The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • APO's earnings are expected to grow with 14.68% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.21
PEG (5Y)0.4
EPS Next 2Y14.68%
EPS Next 3YN/A

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6

5. APO Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 7.25%, APO is a good candidate for dividend investing.
  • The stock price of APO dropped by -20.52% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
  • Compared to an average industry Dividend Yield of 2.29, APO pays a better dividend. On top of this APO pays more dividend than 93.81% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, APO pays a better dividend.
Industry RankSector Rank
Dividend Yield 7.25%

5.2 History

  • The dividend of APO decreases each year by -2.66%.
  • APO has paid a dividend for at least 10 years, which is a reliable track record.
  • APO has decreased its dividend in the last 3 years.
Dividend Growth(5Y)-2.66%
Div Incr Years2
Div Non Decr Years2
APO Yearly Dividends per shareAPO Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2

5.3 Sustainability

  • APO pays out 36.17% of its income as dividend. This is a sustainable payout ratio.
DP36.17%
EPS Next 2Y14.68%
EPS Next 3YN/A
APO Yearly Income VS Free CF VS DividendAPO Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2B -2B 4B 6B
APO Dividend Payout.APO Dividend Payout, showing the Payout Ratio.APO Dividend Payout.PayoutRetained Earnings

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APO Fundamentals: All Metrics, Ratios and Statistics

APOLLO GLOBAL MANAGEMENT INC

NYSE:APO (3/4/2026, 8:08:40 PM)

After market: 110.35 +0.56 (+0.51%)

109.79

+2.71 (+2.53%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)02-09
Earnings (Next)04-30
Inst Owners65.68%
Inst Owner Change-92.21%
Ins Owners2.57%
Ins Owner Change-2.48%
Market Cap63.72B
Revenue(TTM)28.72B
Net Income(TTM)3.29B
Analysts80
Price Target163.42 (48.85%)
Short Float %6.57%
Short Ratio6.36
Dividend
Industry RankSector Rank
Dividend Yield 7.25%
Yearly Dividend2.27
Dividend Growth(5Y)-2.66%
DP36.17%
Div Incr Years2
Div Non Decr Years2
Ex-Date02-19
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)15.84%
Min EPS beat(2)12.41%
Max EPS beat(2)19.26%
EPS beat(4)3
Avg EPS beat(4)7.84%
Min EPS beat(4)-3.45%
Max EPS beat(4)19.26%
EPS beat(8)5
Avg EPS beat(8)5.25%
EPS beat(12)7
Avg EPS beat(12)3.78%
EPS beat(16)9
Avg EPS beat(16)3.77%
Revenue beat(2)2
Avg Revenue beat(2)87.73%
Min Revenue beat(2)81.79%
Max Revenue beat(2)93.67%
Revenue beat(4)4
Avg Revenue beat(4)61.08%
Min Revenue beat(4)22.26%
Max Revenue beat(4)93.67%
Revenue beat(8)8
Avg Revenue beat(8)60.75%
Revenue beat(12)11
Avg Revenue beat(12)86.52%
Revenue beat(16)14
Avg Revenue beat(16)94.38%
PT rev (1m)-3.28%
PT rev (3m)0.76%
EPS NQ rev (1m)0.08%
EPS NQ rev (3m)-0.65%
EPS NY rev (1m)0.05%
EPS NY rev (3m)3.21%
Revenue NQ rev (1m)0.05%
Revenue NQ rev (3m)0.29%
Revenue NY rev (1m)1.11%
Revenue NY rev (3m)-12.84%
Valuation
Industry RankSector Rank
PE 13.1
Fwd PE 11.83
P/S 2.22
P/FCF 19.59
P/OCF 19.59
P/B 2.73
P/tB 3.66
EV/EBITDA 6.58
EPS(TTM)8.38
EY7.63%
EPS(NY)9.28
Fwd EY8.46%
FCF(TTM)5.6
FCFY5.1%
OCF(TTM)5.6
OCFY5.1%
SpS49.49
BVpS40.21
TBVpS30.01
PEG (NY)1.21
PEG (5Y)0.4
Graham Number87.08
Profitability
Industry RankSector Rank
ROA 0.71%
ROE 14.08%
ROCE 1.71%
ROIC 1.47%
ROICexc 1.53%
ROICexgc 1.83%
OM 26.51%
PM (TTM) 11.44%
GM N/A
FCFM 11.33%
ROA(3y)0.64%
ROA(5y)1.66%
ROE(3y)9.76%
ROE(5y)17.05%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y-33.79%
ROICexgc growth 5Y-38.36%
ROICexc growth 3Y-35.62%
ROICexc growth 5Y-38.99%
OM growth 3Y-2.59%
OM growth 5Y-7.21%
PM growth 3Y-15.29%
PM growth 5Y-7.97%
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.06
Health
Industry RankSector Rank
Debt/Equity 0.57
Debt/FCF 4.11
Debt/EBITDA 1.54
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage 9.46
Cash Conversion 37.44%
Profit Quality 98.97%
Current Ratio 0.04
Quick Ratio 0.04
Altman-Z 0.19
F-Score4
WACC8.27%
ROIC/WACC0.18
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.79%
EPS 3Y19.02%
EPS 5Y32.92%
EPS Q2Q%11.26%
EPS Next Y10.79%
EPS Next 2Y14.68%
EPS Next 3YN/A
EPS Next 5Y15.04%
Revenue 1Y (TTM)21.01%
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%86.71%
Revenue Next Year36.93%
Revenue Next 2Y21.98%
Revenue Next 3Y21.1%
Revenue Next 5Y-15.93%
EBIT growth 1Y2.64%
EBIT growth 3Y54.01%
EBIT growth 5Y41.09%
EBIT Next Year16.61%
EBIT Next 3Y19.33%
EBIT Next 5Y15.5%
FCF growth 1Y-48.54%
FCF growth 3Y48.2%
FCF growth 5Y25.54%
OCF growth 1Y-48.54%
OCF growth 3Y45.14%
OCF growth 5Y24.61%

APOLLO GLOBAL MANAGEMENT INC / APO FAQ

Can you provide the ChartMill fundamental rating for APOLLO GLOBAL MANAGEMENT INC?

ChartMill assigns a fundamental rating of 3 / 10 to APO.


Can you provide the valuation status for APOLLO GLOBAL MANAGEMENT INC?

ChartMill assigns a valuation rating of 5 / 10 to APOLLO GLOBAL MANAGEMENT INC (APO). This can be considered as Fairly Valued.


What is the profitability of APO stock?

APOLLO GLOBAL MANAGEMENT INC (APO) has a profitability rating of 3 / 10.


What are the PE and PB ratios of APOLLO GLOBAL MANAGEMENT INC (APO) stock?

The Price/Earnings (PE) ratio for APOLLO GLOBAL MANAGEMENT INC (APO) is 13.1 and the Price/Book (PB) ratio is 2.73.


What is the expected EPS growth for APOLLO GLOBAL MANAGEMENT INC (APO) stock?

The Earnings per Share (EPS) of APOLLO GLOBAL MANAGEMENT INC (APO) is expected to grow by 10.79% in the next year.