Apollo Global Management (APO) AI Stock Analysis

• Market Cap: $79.88B
• Dividend Yield: 1.34%
• Average Volume (3M): 3.33M
• Price to Earnings (P/E): 26.2
• Beta (1Y): 1.79
• Revenue Growth: -4.35%
• EPS Growth: -43.32%
• Country: US
• Employees: 5,141
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management - Global
• EPS (TTM): 1.92
• Shares Outstanding: 575,386,350
• 10 Day Avg. Volume: 3,232,790
• 30 Day Avg. Volume: 3,327,809
• 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: 1.21
• Enterprise Value/Revenue: 3.80
• Enterprise Value/Gross Profit: 4.00
• Enterprise Value/Ebitda: 13.09
• 1Y Price Target: $165.73
• Price Target Upside: 14.49% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 12

• Rating: 70 Outperform
• Price Target: $154.00 ▲(6.39% Upside)

Apollo Global Management's overall stock score reflects strong financial performance and positive earnings call sentiment, highlighting record results and strategic growth. However, technical analysis and valuation suggest caution due to mixed signals and a high P/E ratio. The company's robust asset management growth and strategic initiatives position it well for future opportunities, despite some market challenges.

Positive Factors

Strong Asset Management Growth

The significant growth in assets under management indicates Apollo's strong market position and ability to attract capital, which supports long-term revenue generation through management fees.

Robust Origination and Capital Formation

The robust asset origination and capital formation demonstrate Apollo's effective investment strategies and ability to capitalize on market opportunities, ensuring sustained growth and profitability.

Retirement Services Success

The strong performance of the retirement services platform highlights Apollo's ability to innovate and expand in lucrative markets, providing a stable revenue stream and enhancing long-term growth prospects.

Negative Factors

Challenges in Credit Spread Environment

Tightening credit spreads pose challenges in maintaining profitability in credit products, potentially impacting Apollo's margins and necessitating strategic adjustments.

Realization Cycle Uncertainty

Uncertainty in realization cycles can affect Apollo's ability to generate performance fees, impacting revenue and profit growth in the medium term.

Potential Commoditization of Liabilities

Commoditization of liabilities could lead to increased competition and pressure on margins, requiring Apollo to innovate to maintain its competitive edge and profitability.

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 exhibits strong profitability with high margins and a solid balance sheet. Despite modest revenue growth, the company maintains effective cash flow management and moderate leverage, indicating robust financial stability.

Income Statement

Apollo Global Management shows strong profitability with a high gross profit margin of 95.1% and a solid net profit margin of 12.9% for the TTM. However, the revenue growth rate is modest at 3.2%, indicating stable but slow growth. The EBIT and EBITDA margins are healthy, reflecting efficient operations. The company has rebounded well from a challenging 2022, showcasing resilience.

Balance Sheet

The balance sheet is stable with a manageable debt-to-equity ratio of 0.63, indicating moderate leverage. The return on equity is strong at 18.1%, demonstrating effective use of equity to generate profits. The equity ratio is not explicitly calculated, but the overall asset base is substantial, supporting financial stability.

Cash Flow

Cash flow analysis reveals a slight decline in free cash flow growth at -1.8%, but the operating cash flow to net income ratio is positive, indicating adequate cash generation relative to net income. The free cash flow to net income ratio is stable at 1.0, suggesting that the company is effectively converting its profits into cash.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	25.42B	26.11B	32.64B	10.97B	5.95B	2.35B
Gross Profit	24.18B	24.97B	31.62B	10.04B	5.17B	1.73B
EBITDA	7.39B	8.85B	6.65B	-3.50B	5.79B	953.00M
Net Income	3.28B	4.43B	4.88B	-2.01B	1.82B	137.66M
Balance Sheet
Total Assets	419.55B	377.89B	313.49B	257.22B	30.50B	23.67B
Cash, Cash Equivalents and Short-Term Investments	231.47B	205.98B	170.24B	127.37B	1.38B	2.45B
Total Debt	12.14B	10.59B	8.09B	7.19B	14.19B	14.62B
Total Liabilities	385.69B	346.92B	288.24B	241.82B	18.54B	17.37B
Stockholders Equity	19.32B	17.25B	14.04B	6.64B	3.79B	1.43B
Cash Flow
Free Cash Flow	4.12B	3.25B	6.32B	3.59B	999.31M	-1.68B
Operating Cash Flow	4.12B	3.25B	6.32B	3.79B	1.06B	-1.62B
Investing Cash Flow	-67.23B	-61.80B	-42.41B	-23.44B	-1.55B	-837.66M
Financing Cash Flow	60.09B	57.97B	42.64B	28.71B	109.00M	3.30B

Apollo Global Management Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 144.75
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

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 144.75 is above the 20-day moving average (MA) of 136.41, above the 50-day MA of 141.30, and below the 200-day MA of 144.98, indicating a neutral trend. The MACD of 0.60 indicates Negative momentum. The RSI at 64.10 is Neutral, neither overbought nor oversold. The STOCH value of 85.84 is Negative, 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
CG	76 Outperform	24.66B	20.23	18.20%	2.05%	101.10%	0.00%
APO	70 Outperform	$79.88B	26.19	18.82%	1.34%	-4.35%	-43.32%
OWL	68 Neutral	29.29B	343.35	3.21%	4.29%	31.81%	-32.87%
ARES	64 Neutral	59.79B	104.93	11.00%	2.34%	45.89%	-9.53%
TPG	63 Neutral	24.16B	-348.26	0.00%	2.99%	43.48%	-24.02%
KKR	62 Neutral	132.68B	71.62	7.27%	0.48%	-24.62%	-48.96%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

Apollo Global Management Corporate Events

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.