Apollo Global Management (APO) AI Stock Analysis

• Market Cap: $75.61B
• Dividend Yield: 1.53%
• Average Volume (3M): 3.56M
• Price to Earnings (P/E): 19.3
• Beta (1Y): 1.84
• Revenue Growth: -13.27%
• EPS Growth: -28.74%
• Country: US
• Employees: 5,141
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management - Global
• EPS (TTM): 2.17
• Shares Outstanding: 580,422,550
• 10 Day Avg. Volume: 3,528,830
• 30 Day Avg. Volume: 3,561,837
• PEG Ratio: -1.96
• Price to Book (P/B): 5.61
• Price to Sales (P/S): 3.71
• P/FCF Ratio: 29.76
• Enterprise Value/Market Cap: 1.19
• Enterprise Value/Revenue: 3.29
• Enterprise Value/Gross Profit: 3.45
• Enterprise Value/Ebitda: 10.84
• 1Y Price Target: $159.56
• Price Target Upside: 22.48% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 9
• EPS Forecast (FY): 7.94
• Revenue Forecast (FY): $19.27B

• Rating: 75 Outperform
• Price Target: $149.00 ▲(14.38% Upside)

Apollo Global Management's strong financial performance and positive earnings call sentiment are the most significant factors driving the stock's score. The company's robust revenue growth, profitability, and strategic initiatives in asset management and retirement services are key strengths. However, the high P/E ratio and modest dividend yield suggest potential overvaluation, while technical indicators show mixed signals. Monitoring cash flow trends and market conditions will be crucial for future performance.

Positive Factors

Record Fee and Spread Earnings

Record earnings indicate strong operational performance and effective management, enhancing long-term revenue potential and investor confidence.

Innovative Strategies

Innovative strategies and market expansion can drive future growth, diversify revenue streams, and strengthen competitive positioning.

Strong AUM Growth

Significant AUM growth reflects robust client trust and effective asset management, supporting sustained revenue from management fees.

Negative Factors

Decline in Free Cash Flow

A decline in free cash flow may limit the company's ability to invest in new opportunities and manage debt, impacting long-term financial flexibility.

High Prepayment Headwinds

High prepayment rates can reduce interest income and affect portfolio returns, posing challenges to maintaining profitability.

Challenges in Achieving Target Returns

Underperformance in achieving target returns can affect investor confidence and long-term profitability, necessitating strategic adjustments.

Apollo Global Management Business Overview & Revenue Model

Company 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.

How the Company Makes Money

Apollo Global Management generates revenue primarily through management fees and performance fees. Management fees are charged as a percentage of assets under management (AUM), providing a steady income stream as long as the firm retains clients and grows its AUM. Performance fees, also known as carried interest, are earned when the firm achieves returns above a predetermined benchmark, aligning the interests of the firm with its investors. Additionally, Apollo engages in strategic partnerships and joint ventures that can enhance its investment opportunities and revenue potential. The firm also benefits from its strong reputation and extensive network, which aid in sourcing deals and attracting capital.

Apollo Global Management Financial Statement Overview

Summary

Apollo Global Management demonstrates strong revenue growth and profitability, with efficient cost management and operational performance. The balance sheet shows a stable debt-to-equity ratio and strong return on equity, though the reliance on debt could be a concern. Cash flow analysis reveals a decline in free cash flow, which may affect future financial flexibility. Overall, the company is in a solid financial position but should monitor cash flow trends closely.

Income Statement

Apollo Global Management shows strong revenue growth with an 8.51% increase in TTM, indicating robust business expansion. The gross profit margin remains high at 95.14%, reflecting efficient cost management. However, the net profit margin has decreased from 16.95% in 2024 to 12.89% in TTM, suggesting some pressure on profitability. EBIT and EBITDA margins are healthy, though slightly lower than previous years, indicating solid operational performance.

Balance Sheet

The company's debt-to-equity ratio is stable at 0.63, showing a balanced approach to leveraging. Return on equity is strong at 21.78%, reflecting effective use of shareholder funds. The equity ratio is relatively low, indicating a high reliance on debt, which could pose risks if market conditions change.

Cash Flow

Free cash flow has decreased significantly by 37.61% in TTM, which could impact future investments and debt repayments. The operating cash flow to net income ratio is low at 0.014, suggesting potential issues in converting income into cash. However, the free cash flow to net income ratio remains at 1.0, indicating that the company generates sufficient cash to cover its net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	27.47B	26.11B	32.64B	10.97B	5.95B	2.35B
Gross Profit	26.15B	24.97B	31.62B	10.04B	5.17B	1.73B
EBITDA	8.33B	8.85B	6.65B	-3.50B	5.79B	953.00M
Net Income	4.23B	4.43B	4.88B	-1.96B	1.84B	157.00M
Balance Sheet
Total Assets	449.54B	377.89B	313.49B	257.22B	30.50B	23.67B
Cash, Cash Equivalents and Short-Term Investments	245.96B	205.98B	170.24B	127.37B	1.38B	2.45B
Total Debt	12.63B	10.59B	8.09B	7.19B	14.19B	14.62B
Total Liabilities	409.75B	346.92B	288.24B	241.82B	18.54B	17.37B
Stockholders Equity	23.14B	17.25B	14.04B	6.64B	3.79B	1.43B
Cash Flow
Free Cash Flow	2.57B	3.25B	6.32B	3.59B	999.31M	-1.68B
Operating Cash Flow	2.57B	3.25B	6.32B	3.79B	1.06B	-1.62B
Investing Cash Flow	-66.00B	-61.80B	-42.41B	-23.44B	-1.55B	-837.66M
Financing Cash Flow	67.00B	57.97B	42.64B	28.71B	109.00M	3.30B

Apollo Global Management Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 130.27
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For APO, the sentiment is Positive. The current price of 130.27 is above the 20-day moving average (MA) of 128.88, above the 50-day MA of 129.22, and below the 200-day MA of 135.71, indicating a neutral trend. The MACD of 0.33 indicates Negative momentum. The RSI at 52.91 is Neutral, neither overbought nor oversold. The STOCH value of 65.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for APO.

Apollo Global Management Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
APO	75 Outperform	$75.61B	19.30	20.30%	1.53%	-13.27%	-28.74%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
KKR	67 Neutral	$107.70B	51.48	8.73%	0.60%	-33.80%	-24.81%
OWL	65 Neutral	$23.00B	327.78	2.41%	5.80%	27.24%	-59.82%
ARES	64 Neutral	$50.52B	65.84	18.64%	2.88%	50.70%	7.32%
TPG	61 Neutral	$21.99B	607.20	7.19%	3.40%	25.02%	235.70%
CG	59 Neutral	$19.28B	29.77	11.85%	2.62%	-24.62%	437.16%

Apollo Global Management Corporate Events

Apollo Global Management Issues Senior Notes Offering

On November 7, 2025, Apollo Global Management issued $400 million of 4.600% Senior Notes due 2031 and an additional $350 million of 5.150% Senior Notes due 2035 as part of a public offering. The proceeds from this offering are intended for general corporate purposes, potentially enhancing the company’s financial flexibility and market positioning.

The most recent analyst rating on (APO) stock is a Buy with a $158.00 price target. To see the full list of analyst forecasts on Apollo Global Management stock, see the APO Stock Forecast page.

Apollo Global Management Reports Strong Q3 2025 Results

Apollo Global Management, Inc. is a high-growth, global alternative asset manager specializing in providing excess returns across the risk-reward spectrum, from investment-grade credit to private equity, and offering retirement savings products through its subsidiary, Athene.

Apollo Global’s Earnings Call Highlights Record Growth

Apollo Global Management’s recent earnings call painted a predominantly positive picture, highlighting the company’s record financial performance and strategic initiatives. Despite facing challenges such as tight spread environments and prepayment headwinds, Apollo demonstrated robust growth in its asset management and retirement services sectors, emphasizing innovation and market expansion opportunities.

Apollo Global Management Reports Q3 Investment Income Estimates

Apollo Global Management, Inc. and its subsidiary Athene Holding Ltd. reported preliminary estimates for their alternative net investment income for the third quarter ended September 30, 2025. The company anticipates approximately $325 million in pre-tax alternative net investment income, equating to an estimated 10% annualized return. While these figures offer insights into the company’s financial performance, they are preliminary and subject to change, as the financial closing procedures are not yet complete, and the results have not been audited.

The most recent analyst rating on (APO) stock is a Hold with a $150.00 price target. To see the full list of analyst forecasts on Apollo Global Management stock, see the APO Stock Forecast page.

Apollo Global Management Board Member Resigns

On September 29, 2025, Pauline Richards, a member of the Board of Directors at Apollo Global Management, announced her resignation, effective the following day. Her departure was not due to any disagreements with the company’s management or board, suggesting a smooth transition and minimal impact on the company’s operations.

The most recent analyst rating on (APO) stock is a Hold with a $150.00 price target. To see the full list of analyst forecasts on Apollo Global Management stock, see the APO Stock Forecast page.

Apollo Global Files Prospectus for Stock Resale

On September 2, 2025, Apollo Global Management announced the filing of a prospectus supplement for the resale of up to 370,639 shares of its common stock by certain selling stockholders. This move, involving a purchase agreement with Bridge Debt Management Company LLC and Bridge Debt Strategies Employee PI Holdco LLC, could impact the company’s stock liquidity and market perception.

The most recent analyst rating on (APO) stock is a Buy with a $173.00 price target. To see the full list of analyst forecasts on Apollo Global Management stock, see the APO Stock Forecast page.

Apollo Global Management Clarifies 8-K Filing Status

Apollo Global Management‘s recent announcement clarifies that the information in their Current Report on Form 8-K is not considered ‘filed’ under the Securities Exchange Act of 1934. This distinction affects how the information is treated legally and ensures it is not subject to certain liabilities or incorporated into other filings unless specifically referenced.

The most recent analyst rating on (APO) stock is a Buy with a $143.00 price target. To see the full list of analyst forecasts on Apollo Global Management stock, see the APO Stock Forecast page.

Apollo Global Management Issues $500M in Senior Notes

On August 12, 2025, Apollo Global Management issued $500 million in 5.150% Senior Notes due 2035 through a public offering. The proceeds are intended for general corporate purposes, including repaying Bridge Investment Group Holdings’ senior secured notes and other debts, as well as covering related fees and expenses, marking a strategic financial move for the company.

The most recent analyst rating on (APO) stock is a Buy with a $143.00 price target. To see the full list of analyst forecasts on Apollo Global Management stock, see the APO Stock Forecast page.

Apollo Global Management Issues Regulation FD Disclosure

Apollo Global Management has issued a Current Report on Form 8-K, which is being furnished but not filed under the Securities Exchange Act of 1934. This means the information is not subject to the liabilities of Section 18 of the Exchange Act, nor will it be incorporated into filings under the Securities Act of 1933 unless specifically referenced.

The most recent analyst rating on (APO) stock is a Buy with a $143.00 price target. To see the full list of analyst forecasts on Apollo Global Management stock, see the APO Stock Forecast page.