Apollo Global Management (APO) AI Stock Analysis

• Market Cap: $76.59B
• Dividend Yield: 1.45%
• Average Volume (3M): 3.06M
• Price to Earnings (P/E): 25.3
• Beta (1Y): 1.76
• Revenue Growth: -4.35%
• EPS Growth: -43.32%
• Country: US
• Employees: 5,141
• Sector: Financial
• Sector Strength: 71
• Industry: Asset Management - Global
• EPS (TTM): 1.92
• Shares Outstanding: 572,026,730
• 10 Day Avg. Volume: 3,125,084
• 30 Day Avg. Volume: 3,063,093
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.26
• Enterprise Value/Revenue: 3.93
• Enterprise Value/Gross Profit: 4.13
• Enterprise Value/Ebitda: 12.21
• 1Y Price Target: $164.67
• Price Target Upside: 22.52% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 13

• Rating: 70 Neutral
• Price Target: $153.00 ▲(13.84% Upside)

Apollo Global Management's strong financial performance and positive earnings call sentiment are the most significant factors driving the score. However, the technical analysis indicates bearish trends, and the valuation suggests the stock is expensive, which tempers the overall score. The company's strategic initiatives and robust asset growth provide a positive outlook, but market challenges remain.

Positive Factors

Earnings

APO reported better than expected results that included ANI per share of $1.92 and $61B of fundraising.

Strategic Initiatives

APO acquiring BRDG for $1.5b in an all equity deal that adds approximately $33b AUM to APO's existing $77b real estate platform.

Negative Factors

Financial Expectations

Earnings per share estimate for the second quarter is revised downwards slightly by 1.1%, pointing to a minor negative adjustment in financial expectations.

Investment Income

APO's preliminary alternative investment income of $305M for the second quarter is below both the forecast of $318M and the current consensus of $331M.

Portfolio Returns

The alternative investment portfolio return of 10% is below the targeted 11% level, partly due to lower returns from the retirement services platforms.

Apollo Global Management Business Overview & Revenue Model

Company Description

Apollo Global Management, Inc. (APO) is a leading global alternative investment manager with a focus on private equity, credit, and real assets. Founded in 1990, the firm manages assets across a diverse range of sectors, including financial services, healthcare, technology, and energy. Apollo offers a variety of investment strategies, including buyouts, distressed investments, and structured credit, catering to institutional and retail investors worldwide.

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 profitability with a solid gross profit margin and positive net income. The balance sheet is robust with a high level of cash and manageable leverage. However, recent revenue growth has been negative, and cash flow volatility poses some risks.

Income Statement

Apollo Global Management demonstrates strong profitability with a solid gross profit margin and positive net income. However, recent revenue growth has been negative, which could indicate challenges in growing the top line. The EBIT and EBITDA margins suggest efficient operations, but the decline in net income compared to prior periods is a concern.

Balance Sheet

The company maintains a strong balance sheet with a high level of cash and short-term investments. The debt-to-equity ratio is relatively low, indicating manageable leverage. The return on equity is positive, suggesting effective use of shareholder capital, and the equity ratio is strong, reflecting stability and financial health.

Cash Flow

Operating cash flow is consistently positive, which is a positive indicator of cash generation from operations. However, free cash flow growth has been inconsistent, and the reliance on financing activities indicates potential risks if external funding becomes constrained. The cash flow to net income ratios highlight efficient cash conversion, although recent trends show some volatility.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	24.62B	26.11B	32.64B	10.97B	5.95B	2.35B
Gross Profit	23.43B	24.97B	31.62B	10.04B	5.17B	1.73B
EBITDA	7.92B	8.85B	6.65B	-3.50B	5.79B	953.00M
Net Income	3.47B	4.43B	4.88B	-2.01B	1.82B	137.66M
Balance Sheet
Total Assets	395.05B	377.89B	313.49B	257.22B	30.50B	23.67B
Cash, Cash Equivalents and Short-Term Investments	216.43B	205.98B	170.24B	127.37B	1.38B	2.45B
Total Debt	10.58B	10.59B	8.09B	7.19B	14.19B	14.62B
Total Liabilities	362.70B	346.92B	288.24B	241.82B	18.54B	17.37B
Stockholders Equity	17.98B	17.25B	14.04B	6.64B	3.79B	1.43B
Cash Flow
Free Cash Flow	4.04B	3.25B	6.32B	3.59B	999.31M	-1.68B
Operating Cash Flow	4.04B	3.25B	6.32B	3.79B	1.06B	-1.62B
Investing Cash Flow	-64.15B	-61.80B	-42.41B	-23.44B	-1.55B	-837.66M
Financing Cash Flow	55.90B	57.97B	42.64B	28.71B	109.00M	3.30B

Apollo Global Management Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 134.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For APO, the sentiment is Negative. The current price of 134.4 is below the 20-day moving average (MA) of 139.74, below the 50-day MA of 142.22, and below the 200-day MA of 147.37, indicating a bearish trend. The MACD of -2.65 indicates Positive momentum. The RSI at 36.97 is Neutral, neither overbought nor oversold. The STOCH value of 13.59 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for APO.

Apollo Global Management Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ARES	76 Outperform	$58.20B	103.59	13.92%	2.29%	45.89%	-9.53%
CG	76 Outperform	$23.46B	18.58	23.07%	2.16%	101.10%	―
KKR	71 Outperform	$124.80B	66.52	8.22%	0.51%	-24.62%	-48.96%
APO	70 Neutral	$76.59B	25.32	18.82%	1.45%	-4.35%	-43.32%
Sector *	68 Neutral	$17.69B	11.82	10.30%	3.73%	9.66%	0.42%
OWL	68 Neutral	$28.82B	338.13	3.68%	4.34%	31.81%	-32.87%
TPG	63 Neutral	$22.80B	―	2.55%	3.11%	43.48%	-24.02%

Apollo Global Management Corporate Events

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.

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.

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.

Apollo Global Management Clarifies Form 8-K Filing Status

Apollo Global Management‘s recent announcement clarifies that the information provided in their current report on Form 8-K is not considered ‘filed’ under Section 18 of the Securities Exchange Act of 1934. This distinction means that the information is not subject to the liabilities of that section, nor will it be incorporated by reference into filings under the Securities Act of 1933 or the Exchange Act unless specifically referenced.

Apollo Global Management Reports Q2 2025 Investment Income

Apollo Global Management has reported preliminary estimates for its alternative net investment income for the second quarter ended June 30, 2025, projecting approximately $305 million pre-tax, equating to a 10% annualized return. The results, which are subject to change, highlight Athene’s investment performance, with a 10% annualized return from pooled investment vehicles and 8% from other alternative investments, underscoring the company’s strategic focus on its Retirement Services segment.

Apollo Global Management Holds Annual Stockholders Meeting

On June 6, 2025, Apollo Global Management held its Annual Meeting of Stockholders, where several key decisions were made. The election of board members resulted in the appointment of fifteen directors for a one-year term, with most nominees receiving strong support from stockholders. Additionally, Deloitte & Touche LLP was ratified as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025. These decisions are expected to influence the company’s governance and financial oversight, potentially impacting its strategic direction and stakeholder confidence.