Apollo Global Management, Inc. (APO): price, analyst ratings, earnings and fundamentals
Updated 16 September 2026, 08:02 ET
Apollo Global Management, Inc. (APO) closed at $127.00 on 15 September 2026, down 1.0%. The stock is down 9.8% over one month and down 8.0% over one year. It trades 17.2% below its 52-week high of $153.29. Analysts recorded 10 actions in the last 90 days; the median price target of $146 is 15.0% above the last close. The company last reported on 4 August 2026 for Q2 2026: EPS of $2.11 against an estimate of $2.17, a miss of 2.8%, on revenue of $11.2 billion.
Price and performance
Performance figures use dividend and split adjusted closes over trading sessions, so a one-year move compares the last close with the close 252 sessions earlier. The 52-week range uses the adjusted daily highs and lows of the same window. Read the guide: Momentum, trend and technical indicators.
The live chart with technical indicators is in the app: open APO in FundSpec.
Analyst ratings
Over the last 90 days FundSpec recorded 10 analyst actions on APO from 8 firms: 9 maintained or reiterated a view and 1 initiation. Price targets were 5 raised and 4 lowered. The most recent targets from 11 firms range from $126 to $172, with a median of $146, 15.0% above the last close.
| Date | Firm | Action | Price target |
|---|---|---|---|
| 2 Sep 2026 | JP Morgan | Maintains Overweight | $150.00 to $154.00 |
| 5 Aug 2026 | UBS | Maintains Buy | $157.00 to $172.00 |
| 5 Aug 2026 | RBC Capital | Maintains Sector Perform | $137.00 to $146.00 |
| 5 Aug 2026 | Barclays | Maintains Overweight | $132.00 to $157.00 |
| 21 Jul 2026 | Morgan Stanley | Maintains Overweight | $165.00 to $164.00 |
| 20 Jul 2026 | HSBC | Initiates Coverage On Buy | $145.00 |
| 13 Jul 2026 | RBC Capital | Maintains Sector Perform | $146.00 to $137.00 |
| 13 Jul 2026 | BMO Capital | Maintains Market Perform | $140.00 to $126.00 |
| 13 Jul 2026 | Piper Sandler | Maintains Overweight | $157.00 to $156.00 |
| 9 Jul 2026 | Barclays | Maintains Overweight | $131.00 to $132.00 |
A price target is one firm's twelve-month view, and the median across firms is a steadier reading than any single call. Upgrades and downgrades matter more when they change a rating, not only a target. Read the guide: What analyst ratings and price targets actually tell you.
Every action with the firm's history is in Analyst Ratings.
Earnings
The next report is scheduled for 3 November 2026 before the open for Q3 2026, with EPS expected at $2.23 on revenue of $1.4 billion. Apollo Global Management, Inc. beat the EPS estimate in 6 of its last 8 reported quarters.
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue |
|---|---|---|---|---|---|
| Q2 2026 | 4 Aug 2026 | $2.17 | $2.11 | -2.76% | $11.2B |
| Q1 2026 | 6 May 2026 | $1.89 | $1.94 | +2.65% | $5.1B |
| Q4 2025 | 9 Feb 2026 | $1.99 | $2.47 | +24.12% | $9.9B |
| Q3 2025 | 4 Nov 2025 | $1.85 | $2.17 | +17.30% | $9.8B |
| Q2 2025 | 5 Aug 2025 | $1.81 | $1.92 | +6.08% | $6.8B |
| Q1 2025 | 2 May 2025 | $1.96 | $1.82 | -7.14% | $5.5B |
| Q4 2024 | 4 Feb 2025 | $1.89 | $2.22 | +17.46% | $5.3B |
| Q3 2024 | 5 Nov 2024 | $1.72 | $1.85 | +7.56% | $7.8B |
An earnings surprise is the reported EPS against the consensus estimate on the day. The price reaction depends as much on guidance and on what was already priced in as on the surprise itself. Read the guide: Earnings season: estimates, surprises and price reaction.
Estimates, confirmed dates and alerts for every company are in Earnings.
Fundamentals
For the period ended 30 June 2026, Apollo Global Management, Inc. reported revenue of $11.2 billion and net income of $1.4 billion. On a trailing twelve month basis the company shows revenue growth of 41.23%, a gross margin of N.A., an operating margin of 15.62% and a return on equity of 8.82%.
Income statement
| Line | Amount |
|---|---|
| Revenue | $11,153,000,000 |
| Depreciation & Amortization | $414,000,000 |
| Total Operating Expenses | $8,741,000,000 |
| Operating Profit | $2,412,000,000 |
| Interest Expense | $190,000,000 |
| Pre-tax Income | $2,485,000,000 |
| Income Tax Expense | $396,000,000 |
| Net Income | $1,361,000,000 |
Cash flow
| Line | Amount |
|---|---|
| Cash from Operating Activities | $2,881,000,000 |
| Stock-based Compensation | $246,000,000 |
| Cash from Investing Activities | -$15,537,000,000 |
| Cash from Financing Activities | $17,326,000,000 |
| Dividends Paid | $342,000,000 |
| Share Repurchases | $97,000,000 |
Assets
| Line | Amount |
|---|---|
| Cash & Cash Equivalents | $28,417,000,000 |
| Restricted Cash | $1,602,000,000 |
| Goodwill Intangible Assets, Net | $5,920,000,000 |
| Total Assets | $494,048,000,000 |
Liabilities and equity
| Line | Amount |
|---|---|
| Long-term Debt | $13,727,000,000 |
| Minority Interest | $20,476,000,000 |
| Total Liabilities | $452,566,000,000 |
| Preferred Stock | $1,398,000,000 |
| Additional Paid In Capital | $16,668,000,000 |
| Retained Earnings | $6,149,000,000 |
| Other Accumulated Comprehensive Income | -$3,209,000,000 |
| Total Stockholders Equity | $21,006,000,000 |
| Total Liability & Stockholders Equity | $494,048,000,000 |
Figures as filed with the SEC for the period ended 30 June 2026, in US dollars.
FundSpec fundamental metrics
Each metric is computed from the company's filings and ranked against every company FundSpec covers; the percentile is the share of covered companies with a lower value.
Leverage
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Debt/Assets | 0.03 | 47th | Calculated as the ratio of Short-Term Debt + Long-Term Debt / Total Assets. The higher the ratio, the higher the degree of leverage, and consequently, financial risk |
| Debt/Equity | 0.65 | 67th | Calculated as the ratio of Total Liabilities / Shareholders' Equity. The ratio indicates how much debt a company is using to finance its assets relative to the amount of value represented in shareholders’ equity |
| Degree of Financial Leverage | 1.14 | 70th | Calculated as the ratio of Percentage change in EPS / Percentage change in EBIT. A higher degree of financial leverage means that the company has more volatile EPS. |
| Long Term Debt/Long Term Capital | 0.40 | 50th | Calculated as Long-Term Debt / (Long-Term Debt + Shareholders' Equity). The ratio is an indicator of the company's leverage |
Earnings Growth (Net Income)
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Net Income Pct Growth | -45.7% | 18th | The Net Income growth rate over the trailing twelve months (TTM) |
| Net Income Pct Growth 3 year CAGR | 1.8% | 47th | The Net Income compound annual growth rate (CAGR) over the past 3 years |
Cashflow
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Operating Cashflow Pct Growth | 129.7% | 88th | The Operating Cashflow growth rate over the trailing twelve months (TTM) |
| Operating Cashflow Pct Growth 3 year CAGR (FY) | 4.0% | 49th | The Operating Cashflow compound annual growth rate (CAGR) over the past 3 years |
Profitability
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Operating Margin Pct | 15.6% | 75th | Calculated as the ratio of (Revenue - (Cost of Goods Sold + Labour + Sales, General & Administrative)) / Revenue. Operating margins are important because they measure efficiency. The higher the operating margin, the more profitable a company's core business is. |
| PreTax Margin Pct | 13.6% | 70th | Calculated as the ratio of (Gross profit - (Operating Expense + Interest Expense)) / Revenue. The pretax profit margin enables profitability to be compared across companies with significant differences in size, scale, capital structure and tax rates. |
| Return on Assets Pct | 0.4% | 52nd | Calculated as the ratio of Net Income / Total Assets. It is an indicator of how efficient the company is at using its assets to generate earnings. |
| Return on Equity Pct | 8.8% | 63rd | Calculated as the ratio of Net Income / Shareholders' equity. It is a measure of how much profit a company generates with the money shareholders have invested. |
| Return on Invested Capital Pct | 9.6% | 71st | Calculated as the ratio of (Net Income - Dividends) / (Debt + Equity). It is a measure of how efficient the company is at allocating the capital under its control to profitable investments. |
Top Line Growth
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Revenue Pct Growth | 41.2% | 87th | The Revenue (Sales) growth rate over the trailing twelve months (TTM) |
| Revenue Pct Growth 3 year CAGR | 10.2% | 66th | The Revenue (Sales) compound annual growth rate (CAGR) over the past 3 years |
Taxes
| Metric | Value | Percentile | What it measures |
|---|---|---|---|
| Effective Tax Rate Pct | 42.1% | 94th | The effective tax rate of the company over the trailing twelve months (TTM). |
Margins and returns say how much of each dollar of sales becomes profit and how hard the balance sheet is working; leverage and liquidity say how much room the company has when conditions turn. Read the guide: A practical guide to discounted cash flow valuation.
Fair value, peer multiples and the full statement history are in the app: open APO in FundSpec.
Insider activity
In the last 90 days insiders filed 13 transactions: 10 acquisitions covering 14,699 shares and 3 disposals covering 3,004,534 shares. Acquisitions include awards and option exercises as well as open market purchases. The largest by value was a disposal of 3,000 shares by Martin Kelly, Chief Financial Officer on 14 August 2026, worth about $422,535 at the transaction price.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| 14 Aug 2026 | Martin Kelly | Chief Financial Officer | Disposal | 3,000 | $140.84 | $423K |
| 14 Aug 2026 | Martin Kelly | Chief Financial Officer | Disposal | 1,534 | ||
| 7 Aug 2026 | Leon D Black | See remarks. | Acquisition | 1 | ||
| 29 Jul 2026 | 2014 Llc Ldb | See remarks. | Disposal | 3,000,000 | ||
| 1 Jul 2026 | Marc A Beilinson | Director | Acquisition | 1,589 | ||
| 1 Jul 2026 | Lynn C Swann | Director | Acquisition | 1,589 | ||
| 1 Jul 2026 | Mitra O'Neill | Director | Acquisition | 1,589 | ||
| 1 Jul 2026 | Kerry Murphy Healey | Director | Acquisition | 1,589 | ||
| 1 Jul 2026 | Pamela J Joyner | Director | Acquisition | 1,589 | ||
| 1 Jul 2026 | Patrick Toomey | Director | Acquisition | 1,589 | ||
| 1 Jul 2026 | Gary D Cohn | Director | Acquisition | 1,986 | ||
| 1 Jul 2026 | Brian Leach | Director | Acquisition | 1,589 | ||
| 1 Jul 2026 | Jessica M Bibliowicz | Director | Acquisition | 1,589 | ||
| 9 Jun 2026 | Martin Kelly | Chief Financial Officer | Disposal | 1,300 | ||
| 27 May 2026 | John P. Zito | Co-President (see Remarks) | Disposal | 20,019 | $130.71 | $2.6M |
Insider filings record what officers and directors did with their own shares. Disposals are often planned sales or tax related, so a pattern across several insiders says more than one filing.
SEC filings
The latest filing is a 10-Q from 10 August 2026.
| Filed | Form | Document |
|---|---|---|
| 10 Aug 2026 | 10-Q | View on sec.gov |
| 7 May 2026 | 10-Q | View on sec.gov |
| 25 Feb 2026 | 10-K | View on sec.gov |
| 10 Nov 2025 | 10-Q | View on sec.gov |
| 7 Aug 2025 | 10-Q | View on sec.gov |
| 7 May 2025 | 10-Q | View on sec.gov |
| 24 Feb 2025 | 10-K | View on sec.gov |
| 6 Nov 2024 | 10-Q | View on sec.gov |
| 8 Aug 2024 | 10-Q | View on sec.gov |
| 7 May 2024 | 10-Q | View on sec.gov |
Company profile
- Exchange
- NYSE
- Sector
- Brokers and Asset Managers
- Industry
- Trading
- Chief executive
- Marc J. Rowan
- Employees
- 2,540
- Website
- apollo.com
- SEC CIK
- 0001858681
Apollo Global Management, Inc. is a private equity firm specializing investments in credit, private equity and real estate markets. The firm provides its services to endowment and sovereign wealth funds, as well as other institutional and individual investors. It seeks to invest in companies based in across Africa, North America with a focus on United States, and Europe.
Sector and peers
Apollo Global Management, Inc. is part of the Brokers and Asset Managers sector, which FundSpec tracks across 73 companies.
Companies in the same industry by market capitalization:
BX Blackstone Inc.KKR KKR & Co. Inc.AMP Ameriprise Financial Inc.ARES Ares Management Corp
Put two of them side by side in Compare.
In FundSpec: the fair value estimate, the momentum reading, relative valuation against sector and industry peers, unusual options activity and AI model signals for APO are available to subscribers, with the same screen in the iOS and Android apps.
Open APO in FundSpec