$124.35
-3.4%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.
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.
Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.
APO โข NYSE
| Apollo Global Management, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
3.4B | 1.7B | 4.9B | -3.5B | 4.3B | 466.8M | 1.5B | 19.3M | 1.4B | 970.3M | 350.5M | 729.9M | 2.4B | 3B | -1.3B | 543.2M | -95.4M | -2.9B | -569.7M | 1.8B | |
1.4B | 1.1B | 803M | 529M | 27.3M | 18.8M | 15.8M | 15.2M | 18.4M | 18.7M | 44.5M | 45.1M | 54.2M | 53.2M | 26.3M | 24.2M | 24.3M | 22.1M | 7.9M | 3.3M | |
0.0 | 0.0 | 0.0 | 107.6M | 464.7M | 23.6M | -95.1M | 79.2M | 314.1M | 81.9M | 26.4M | 80.4M | 62.7M | 55.3M | 10.6M | 71.2M | 19.1M | -44M | -866K | 360K | |
699M | 721M | 1B | 540M | 1.2B | 213M | 189.6M | 173.2M | 91.5M | 103M | 97.7M | 126.7M | 126.6M | 598.7M | 1.1B | 1.1B | 1.1B | 1.1B | 989.8M | 0.0 | |
-4.3B | -2.3B | -3.8B | 174.4M | -5.8B | -2B | -753.1M | 933.3M | -543.6M | -175.1M | -287M | -1.9B | -1.7B | -2.8B | 200.9M | -985.4M | -157.5M | 1.4B | 341M | -4.2B | |
(590M) | (1B) | (358M) | (1B) | (121M) | (37M) | (42.8M) | (10.2M) | (13.6M) | (8.4M) | (7.9M) | (57.3M) | (9.2M) | (7.1M) | (10.7M) | (13.5M) | (6.7M) | (14.8M) | (5.4M) | (5.9M) | |
6.2B | 2.1B | 3.4B | 5.9B | 966.6M | -308.1M | 188.7M | -405.9M | -515.7M | -383.5M | 350.6M | 572.3M | 144.9M | -699.4M | 660.6M | -989.7M | -782.6M | 564.4M | 87.5M | -23.2M | |
7.5B | 3.3B | 6.3B | 3.8B | 1.1B | -1.6B | 1.1B | 814.3M | 808.3M | 615.3M | 582.7M | -372.9M | 1B | 265.6M | 743.8M | -218.1M | 108M | 153.1M | 855.7M | -1.8B | |
INVESTING ACTIVITIES | ||||||||||||||||||||
(0.0) | (0.0) | (0.0) | -202.5M | -64.7M | -59.6M | -39.5M | -14.7M | -8.5M | -6.4M | -6.2M | -5.9M | -7.6M | -11.3M | -21.3M | -5.6M | -15.8M | -57.3M | -6.9M | -7M | |
(99M) | (0.0) | (0.0) | (30.3B) | -366.8M | -168.5M | -187M | -268.9M | -153.3M | -224.9M | -234.4M | -109.9M | -98.4M | -99.2M | -29.6M | (20.3M) | (0.0) | (0.0) | (0.0) | (0.0) | |
-161.9B | -125.6B | -56B | -63.9B | -5.1B | -2.4B | -556.6M | -554.7M | -376.5M | -46.9M | -25M | (76.5M) | (0.0) | -126.9M | -142.4M | -63.5M | -42.5M | (0.0) | (0.0) | (0.0) | |
102.2B | 0.0 | 0.0 | 38.3B | 3.7B | 1.6B | 394.1M | 472.6M | 117.6M | 102.8M | 25M | 50M | 0.0 | 152.6M | 64.8M | 38.9M | 42.5M | 0.0 | 0.0 | 0.0 | |
-1.7B | 63.8B | 13.6B | -27.9B | 318.8M | 210.9M | 125M | 118.5M | 3.8M | -7.3M | 37.6M | 2.8M | 217.7M | -70K | -1.1M | 255K | -974K | -129.2M | -22.3M | -2.4M | |
-61.2B | -61.8B | -42.4B | -23.4B | -1.6B | -837.7M | -264M | -247.3M | -417M | -182.8M | -202.9M | (13.4M) | (111.7M) | -84.8M | -129.5M | -9.7M | -16.9M | -186.5M | -29.1M | -9.4M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
-773M | -890M | -561M | -635M | 702M | -92M | -110.7M | -90.9M | -18.5M | -13.4M | -3.1M | -312K | -62.3M | -102.1M | 381.5M | -51.7M | -3.5M | -2.5M | 818.9M | 0.0 | |
2.6B | 2.7B | 1.1B | 1.7B | -634M | 3.4B | 1.3B | -88.9M | 110M | 331.7M | 0.0 | 2.1B | 541.2M | 896.7M | 36.5M | 536.9M | -55.8M | -31.9M | 2.2B | 73.2M | |
-1.3B | -1.2B | -1B | -962M | -554M | -586.2M | -471.9M | -438.5M | -380.2M | -239.1M | -433.3M | -1.2B | -1B | -467.3M | -102.6M | -74.6M | -16.9M | -72.8M | (0.0) | -190.5M | |
-773M | -890M | -561M | -635M | -299M | -92M | -110.7M | -90.9M | -18.5M | -13.4M | -3.1M | -312K | -62.3M | -128.1M | -2.5M | -51.7M | -3.5M | (0.0) | (0.0) | (0.0) | |
56.8B | 57.4B | 41.7B | 28.6B | 595M | 699M | -591.5M | -423.7M | -429.3M | -315.4M | -610.5M | -442.9M | -479.3M | -279.4M | -550.2M | -220.2M | -30.1M | -241.1M | -953.8M | 1.9B | |
57.3B | 58B | 42.6B | 28.7B | 109M | 3.3B | 139.7M | -752.2M | -453.6M | -236.2M | -968.1M | 485.6M | -1B | 22M | -251.8M | 243.8M | -106.3M | -348.3M | -272.9M | 1.8B | |
CASH FLOW SUMMARY | ||||||||||||||||||||
5M | -3M | 10M | -15M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
3.5B | -579M | 6.6B | 9B | -378.2M | 845.2M | 958.4M | -185.2M | -62.4M | 196.3M | -588.3M | 126.1M | 132.1M | 202.7M | 362.5M | 16M | -15.1M | -381.7M | 553.7M | -30.9M | |
17.1B | 17.7B | 11.1B | 2.1B | 2.5B | 1.6B | 662.9M | 848.1M | 813.7M | 617.3M | 1.2B | 1.1B | 947.5M | 744.7M | 382.3M | 366.2M | 381.4M | 763.1M | 209.3M | 240.2M | |
20.6B | 17.1B | 17.7B | 11.1B | 2.1B | 2.5B | 1.6B | 662.9M | 751.3M | 813.7M | 617.3M | 1.2B | 1.1B | 947.5M | 744.7M | 382.3M | 366.2M | 381.4M | 763.1M | 209.3M | |
7.5B | 3.3B | 6.3B | 3.6B | 999.3M | -1.7B | 1B | 799.5M | 799.7M | 608.9M | 576.5M | -378.9M | 1B | 254.3M | 722.5M | -223.7M | 92.1M | 95.8M | 848.9M | -1.8B |
APO - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 15, 2026 | May 15, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 06, 2026 | May 06, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 01, 2026 | May 01, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 24, 2026 | June 08, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 01, 2026 | April 01, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 30, 2026 | March 30, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 24, 2026 | March 22, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 25, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 19, 2026 | February 19, 2026 | 2026 |
Continue your APO research with focused valuation guides.
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.