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Financials · S&P 500 · data as of 2026-10-05

APO stock analysis: Apollo Global

Apollo Global (APO) is an S&P 500 company in Asset Management & Custody Banks. It grades weakest on profitability, momentum and value.

The model's view of APO · subscribers

Where APO ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with APO · updated 2026-10-05 · from prices and SEC filings

APO price performance

APO against the S&P 500, one year
-20%+0%+20%S&P 500 +18%APO -15%2025-09-292026-10-05
Year to date-19.3%S&P 500 +14.5% · behind by 33.8 pts
1 year-6.8%S&P 500 +17.0% · behind by 23.8 pts
3 years+36.4%S&P 500 +89.3% · behind by 52.8 pts
5 years+106.6%S&P 500 +91.3% · ahead by 15.3 pts

Total returns with dividends reinvested.

APO factor grades

Each grade compares APO with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

D+ValueP/E 42.3x (industry 22.4x)FCF yield 13.9% (industry 4.7%)
C+GrowthRevenue growth +41% (industry +12%)EPS growth -49% (industry +20%)
C-Profitability
C-Momentum12-month change -7%From 52-wk high -23%

APO in plain numbers

APO key statistics

SectorFinancials
IndustryAsset Management & Custody Banks
IndexS&P 500
Market value$68.1B
Revenue growth (y/y)+41%
Free-cash-flow yield13.9%
Dividend yield1.9%
Next earnings (expected)2026-10-01
Valuation measures
Market value$68.1B
Enterprise value$53.4B
P/E (trailing)42.3x
Forward P/E (Torvanta estimate)53.0x
Price / sales1.9x
Price / book3.2x
EV / revenue1.5x
Financial highlights
Revenue, last 12 months$35.9B
Net income, last 12 months$1.9B
EPS, last 12 months (GAAP)$2.73
Net margin5.2%
Return on equity9.3%
Cash$28.4B
Total debt$13.7B
Debt / equity0.65x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

APO earnings trends

Revenue vs earnings
-$1.9B$1.4B$4.6B$7.9B$11.2BSep 2024 Revenue: $7.8BDec 2024 Revenue: $5.3BMar 2025 Revenue: $5.5BJun 2025 Revenue: $6.8BSep 2025 Revenue: $9.8BDec 2025 Revenue: $9.9BMar 2026 Revenue: $5.1BJun 2026 Revenue: $11.2BSep 2024 Net income: $811.0MDec 2024 Net income: $1.5BMar 2025 Net income: $442.0MJun 2025 Net income: $630.0MSep 2025 Net income: $1.7BDec 2025 Net income: $684.0MMar 2026 Net income: -$1.9BJun 2026 Net income: $1.4BSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 10.4%Net margin: 28.1%Net margin: 8.0%Net margin: 9.2%Net margin: 17.7%Net margin: 6.9%Net margin: -37.7%Net margin: 12.2%-38%-5%28%■ Revenue ■ Net income ━ Net margin
Earnings per share$-3.3$-1.8$-0.3$1.3$2.8Sep 2024 EPS (GAAP, diluted): $1.3Dec 2024 EPS (GAAP, diluted): $2.4Mar 2025 EPS (GAAP, diluted): $0.7Jun 2025 EPS (GAAP, diluted): $1.0Sep 2025 EPS (GAAP, diluted): $2.8Dec 2025 EPS (GAAP, diluted): $1.1Mar 2026 EPS (GAAP, diluted): $-3.3Jun 2026 EPS (GAAP, diluted): $2.2Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +116% · Dec 2025 -55% · Mar 2026 -581% · Jun 2026 +117%

From the company's 10-Q and 10-K filings with the SEC.

Apollo Global financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$6.0B$11.0B$32.6B$26.1B$32.0B
Net income$1.8B-$3.2B$5.7B$4.6B$3.5B
EPS (GAAP)$7.37$-5.57$8.29$7.31$5.52

APO earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-08-04$2.15+117%+64%-1.4%
2026-07-01$2.15+117%+64%+0.5%
2026-05-06$-3.27-581%-9%-3.0%
2026-04-01$-3.27-581%-9%-4.8%
2026-02-09$1.07-55%+87%-0.7%
2026-01-02$1.07-55%+87%+2.6%

About Apollo Global

HeadquartersNew York, NY
Industry (SEC code)Investment Advice
Fiscal year endsDecember 31
Incorporated inDE
Listed onNYSE, NYSE
FormerlyTango Holdings, Inc.

From the company's SEC registration record.

Companies similar to APO

CompanyMarket valueP/ERevenue growthOperating margin12-month change
APO Apollo Global$68.1B42.3x+41%n/a-7%
KKR KKR & Co$80.8Bn/a+31%n/a-29%compare
BX Blackstone$83.8B25.0x+17%n/a-31%compare
STT State Street$48.4B15.6x+12%n/a+55%compare
AMP Ameriprise$43.7B11.9x+9%n/a+2%
NTRS Northern Trust$31.2Bn/a-1%n/a+32%
BLK BlackRock$175.6B25.5x+96%32.6%-6%

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Frequently asked questions

Is APO stock a buy?

Torvanta does not tell individuals what to buy. Its grades for APO are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is APO's P/E ratio?

APO trades at about 42.3 times its last 12 months of GAAP earnings reported to the SEC, and about 53.0 times Torvanta's own estimate of the next 12 months.

When does APO report earnings next?

Based on its filing history, Torvanta expects Apollo Global to report around 2026-10-01.

Does APO pay a dividend?

Yes. Its dividend yield is about 1.9%, and it has raised its dividend 3 years in a row.

How has APO performed against the S&P 500?

Over the past year APO returned -6.8%, against +17.0% for the S&P 500, dividends reinvested.

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Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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