Apollo Global Management profit margin APO
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 5.2%
- Net margin on a year earlier
- −8.0 pts
- Peer median
- 20.9%
Over the twelve months to Jun 30, 2026, Apollo Global Management kept 5.2% of its revenue as net profit.
Five years earlier its net margin was 34.1%.
The median for 10 asset managers of a similar size is 20.9%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin |
|---|---|
| FY2025 | 10.9% |
| FY2024 | 17.5% |
| FY2023 | 15.5% |
| FY2022 | −17.9% |
| FY2021 | 30.9% |
| FY2020 | 6.7% |
| FY2019 | 28.8% |
| FY2018 | −0.9% |
| FY2017 | 22.7% |
| FY2016 | 20.4% |
| FY2015 | 12.9% |
| FY2014 | 10.8% |
| FY2013 | 17.7% |
| FY2012 | 10.9% |
| FY2011 | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year |
|---|---|---|---|
| Q2 FY26 | 5.2% | −8.0 pts | |
| Q1 FY26 | 3.6% | −11.0 pts | |
| Q4 FY25 | 10.9% | −6.6 pts | |
| Q3 FY25 | 15.6% | −2.7 pts | |
| Q2 FY25 | 13.3% | −8.2 pts | |
| Q1 FY25 | 14.6% | −1.3 pts | |
| Q4 FY24 | 17.5% | +2.1 pts | |
| Q3 FY24 | 18.3% | +7.3 pts | |
| Q2 FY24 | 21.4% | +15.1 pts | |
| Q1 FY24 | 15.9% | +19.5 pts | |
| Q4 FY23 | 15.5% | +33.3 pts | |
| Q3 FY23 | 11.1% | +43.3 pts |
Against its peers
Companies in Asset Management nearest Apollo Global Management's size, closest first, today.
| Company | Profit margin |
|---|---|
| APOApollo Global Management | 5.2% |
| KKRKKR | 14.8% |
| BXBlackstone | 21.8% |
| STTState Street | 23.0% |
| AMPAmeriprise Financial | 19.9% |
| ARESAres Management | 10.6% |
| NTRSNorthern Trust | 24.8% |
| RJFRaymond James Financial | 13.6% |
| BLKBlackRock | 24.2% |
| PFGPrincipal Financial | 9.9% |
| TROWT. Rowe Price | 29.3% |
| Peer median | 20.9% |
Where Apollo Global Management ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Apollo Global Management
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.