APO vs TFPM vs BX Stock Comparison

Apollo Global Management, Triple Flag Precious Metals and Blackstone Prices as of Oct 27, 2026 Peers: Industry group
BX Blackstone Inc.
$116.71 -1.4% 1M -24.1% 1Y
Market cap
$93.69B
P/E
26.6x
Revenue (TTM)
$16.11B
Div. yield
0.07%
Alternative Asset Managers Financial Services
3 wins

Head to Head

12 decided of 12

Apollo Global Management leads on 5 of the 12 questions below (Apollo Global Management 5, Triple Flag Precious Metals 4, Blackstone 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAPOTFPMBXLeader
Larger companyMarket capitalisation $67.26B $6.04B $93.69B BX
Cheaper on earningsLower P/E, profitable companies only 37.8x 22.1x 26.6x TFPM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.7x 21.6x 19.2x APO
Faster revenue growthRevenue growth, trailing twelve months +41.2% +50.7% +17.2% TFPM
More profitableNet margin, trailing twelve months 5.0% 55.9% 21.8% TFPM
Better return on capitalReturn on invested capital 5.8% — 21.6% BX
Less leveragedLower net debt / EBITDA -1.8x 0.4x — APO
Higher dividend yieldTrailing dividend yield 0.02% 0.01% 0.07% BX
Better 1-year returnPrice return, last 12 months -9.6% +6.8% -24.1% TFPM
Better 5-year returnAnnualised price return, 5 years +7.9%/yr — -3.5%/yr APO
Less volatileAnnualised volatility, 1 year 36.0% 44.1% 37.4% APO
Higher overall scoreMean of the five percentile scores vs peers 74/100 73/100 68/100 APO

Percentile Scorecard

APOTFPMBX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAPOTFPMBX
Valuation 87 #24 of 181 52 #87 of 181 76 #45 of 181
Growth 70 #34 of 111 89 #13 of 111 83 #20 of 111
Profitability 62 #50 of 129 90 #14 of 129 81 #25 of 129
Financial Health 79 #36 of 164 90 #17 of 164 55 #74 of 164
Shareholder Returns 73 #21 of 75 46 #41 of 75 47 #40 of 75
Overall 74 73 68
  • APO ranked among 209 companies in Asset and Wealth Management
  • TFPM ranked among 209 companies in Asset and Wealth Management
  • BX ranked among 209 companies in Asset and Wealth Management

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAPOTFPMBXSPY
1 month -6.1%-7.8%-1.4% -0.2%
3 months -8.4%+3.9%-12.9% +3.9%
6 months -7.5%-8.0%-4.0% +8.2%
Year to date -21.1%-10.7%-24.3% +12.9%
1 year -9.6%+6.8%-24.1% +12.3%
3 years +42.2%+128.5%+30.2% +87.4%
3 years, per year +12.5%+31.7%+9.2% +23.3%
5 years +45.9%—-16.3% +67.9%
5 years, per year +7.9%—-3.5% +10.9%
10 years +526.1%—+360.6% +261.1%
10 years, per year +20.1%—+16.5% +13.7%

Risk

MeasureAPOTFPMBXSPY
Volatility, 1Y 36.0%44.1%37.4% 12.7%
Downside volatility, 1Y 37.4%48.3%37.5% 12.7%
Beta vs S&P 500, 1Y 1.141.591.33 1.00
Return / volatility, 1Y -0.270.16-0.65 0.97
Max drawdown, 5Y -43.8%-35.1%-51.5% -25.4%
From 52-week high -25.2%-28.3%-28.6% -1.2%
52-week high $152.70$41.36$163.50 $779.14
52-week low $100.30$26.85$102.12 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAPOTFPMBX
P/E now vs peer median 38.0xmedian 34.2x 22.1xmedian 34.2x 26.5xmedian 34.2x
P/S now vs peer median 1.8xmedian 4.9x 12.5xmedian 4.9x 5.5xmedian 4.9x
EV/EBITDA now vs peer median 7.4xmedian 11.7x 16.6xmedian 11.7x —median 11.7x
P/FCF now vs peer median 6.9xmedian 13.2x -20.3xmedian 13.2x 16.0xmedian 13.2x
P/B now vs peer median 1.6xmedian 1.8x 2.7xmedian 1.8x 4.2xmedian 1.8x
PEG now vs peer median 1,869median 0.91 0.43median 0.91 0.68median 0.91

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAPOTFPMBX
Revenue $35.90B $488.58M $16.11B
Gross profit $31.30B $344.78M –
Operating income $5.48B $304.60M –
Net income $3.80B $411.98M $6.83B
Free cash flow $9.47B -$302.33M $5.49B
R&D – $4.88M –
EPS (diluted) $2.91 $1.34 $4.40
Cash & equivalents $26.82B $15.20M $2.51B
Total debt $13.73B $248.00M $50.92B
Shares (diluted) 610.22M 204.07M 799.90M
Enterprise value -$15.53B $5.62B $83.67B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAPOTFPMBX
P/E 38.0x 22.1x 26.5x
P/FCF 6.9x -20.3x 16.0x
P/Operating cash flow 6.9x 15.5x 15.7x
P/S 1.8x 12.5x 5.5x
P/B 1.6x 2.7x 4.2x
P/Tangible book 1.6x 2.7x 4.2x
EV/EBITDA 7.4x 16.6x –
EV/EBIT 9.6x 20.6x 11.5x
EV/Revenue 1.5x 12.9x 6.1x
EV/FCF 5.6x -20.8x 18.0x
EV/Operating cash flow 5.6x 15.9x 17.6x
PEG (3Y EPS CAGR) 1,869 0.43 0.68

Growth

14 metrics
MetricAPOTFPMBX
Revenue growth (1Y) 41.2% 50.7% 17.2%
Revenue CAGR (3Y) 10.2% – 32.3%
Gross profit growth (1Y) 36.5% 76.5% –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) 38.0% 78.1% –
Operating income CAGR (3Y) – 63.0% –
Net income growth (1Y) -27.0% 139.3% 19.2%
Net income CAGR (3Y) 15.9% 89.2% 46.7%
EPS growth (1Y) -47.4% 840.2% 20.2%
EPS CAGR (3Y) 0.0% 51.5% 38.8%
Operating cash flow growth (1Y) 129.7% 48.0% 65.6%
Operating cash flow CAGR (3Y) 4.0% 43.8% 14.0%
Free cash flow growth (1Y) 129.7% -213.8% 67.2%
Free cash flow CAGR (3Y) 4.0% -52.7% 16.0%

Profitability

14 metrics
MetricAPOTFPMBX
Gross margin 87.2% 70.6% –
EBITDA margin 19.7% 77.7% –
Operating margin 15.3% 62.3% –
Pretax margin 20.7% 91.5% 50.1%
Net margin 5.0% 55.9% 21.8%
FCF margin 26.4% -61.9% 34.1%
Operating cash flow margin 26.4% 80.9% 34.7%
Return on equity 10.6% 18.6% 33.2%
Return on assets 0.9% 17.2% 13.9%
Return on invested capital 5.8% – 21.6%
Return on capital employed – 12.9% –
Asset turnover 0.1x 0.2x 0.3x
Cash conversion (OCF / net income) 2.5x 1.0x 0.8x
Stock comp / revenue 2.7% 1.5% 9.7%

Financial Health

11 metrics
MetricAPOTFPMBX
Debt / assets 2.8% 9.1% 26.4%
Debt / equity 0.3x 0.1x 0.6x
Net debt / EBITDA -1.8x 0.4x –
Debt / FCF 1.4x -0.8x 2.4x
Liabilities / assets 91.6% 11.3% 57.8%
Equity / assets 8.4% 88.7% 42.2%
Interest coverage 18.2x 83.2x 16.0x
Current ratio – 3.7x –
Quick ratio – 3.0x –
Cash ratio – 2.2x –
Altman Z-score – 13.52 –

Shareholder Returns

7 metrics
MetricAPOTFPMBX
Dividend yield 1.9% 0.8% 4.5%
Net buyback yield 2.0% 0.3% 0.3%
Shareholder yield 3.9% 1.1% 4.8%
Payout ratio (earnings) 33.4% 10.6% 93.6%
Payout ratio (FCF) 13.4% -14.4% 116.4%
Dividend growth (1Y) 11.7% 11.3% 22.0%
Dividend CAGR (3Y) 8.3% – 7.9%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAPOTFPMBX
Forward P/E 12.7xFY2026 21.6xFY2026 19.2xFY2026
EPS, next fiscal year $9.02FY2026 $1.37FY2026 $6.07FY2026
EPS growth, next FY +7.6%FY2026 +35.6%FY2026 +9.0%FY2026
EPS growth, the year after +23.9% -0.7% +25.5%
Revenue, next fiscal year $24.45BFY2026 $490.34MFY2026 $15.03BFY2026
Revenue growth, next FY -23.7%FY2026 +26.1%FY2026 +14.9%FY2026
Revenue growth, the year after +4.4% +12.6% +27.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPOTFPMBX
Held by institutions 64.5% 86.4% 67.3%
Institutions holding 1,166 224 2,129
Change in shares held, QoQ -1.0% +0.3% +2.8%
Institutions buying 642 129 1,132
Institutions selling 371 53 716
Buyers to sellers 1.73 2.43 1.58

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

APOTFPMBX
APO 1.00 0.04 0.74
TFPM 0.04 1.00 0.18
BX 0.74 0.18 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, APO, TFPM and BX?

Blackstone (BX) is the largest by market capitalisation: Apollo Global Management (APO) $67.26B, Triple Flag Precious Metals (TFPM) $6.04B, Blackstone (BX) $93.69B.

Which stock is cheaper, APO, TFPM and BX?

Triple Flag Precious Metals (TFPM) trades on the lowest price-to-earnings ratio (Apollo Global Management (APO) 37.8x, Triple Flag Precious Metals (TFPM) 22.1x, Blackstone (BX) 26.6x). On next year's consensus earnings, Apollo Global Management (APO) is cheapest (Apollo Global Management (APO) 12.7x, Triple Flag Precious Metals (TFPM) 21.6x, Blackstone (BX) 19.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Triple Flag Precious Metals (TFPM) grew revenue fastest over the trailing twelve months: Apollo Global Management (APO) +41.2%, Triple Flag Precious Metals (TFPM) +50.7%, Blackstone (BX) +17.2%.

Which company is more profitable?

Triple Flag Precious Metals (TFPM) has the highest net margin (Apollo Global Management (APO) 5.0%, Triple Flag Precious Metals (TFPM) 55.9%, Blackstone (BX) 21.8%). On return on invested capital, Blackstone (BX) leads (Apollo Global Management (APO) 5.8%, Blackstone (BX) 21.6%).

Which stock has performed better?

Over the past year Triple Flag Precious Metals (TFPM) returned the most: Apollo Global Management (APO) -9.6%, Triple Flag Precious Metals (TFPM) +6.8%, Blackstone (BX) -24.1%. Over five years, Apollo Global Management (APO) compounded fastest (Apollo Global Management (APO) +7.9%/yr, Blackstone (BX) -3.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Blackstone (BX) has the highest dividend yield: Apollo Global Management (APO) 0.02%, Triple Flag Precious Metals (TFPM) 0.01%, Blackstone (BX) 0.07%.

Which stock is riskier?

By one-year price volatility, Apollo Global Management (APO) has been the steadiest (Apollo Global Management (APO) 36.0%, Triple Flag Precious Metals (TFPM) 44.1%, Blackstone (BX) 37.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, APO, TFPM and BX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Apollo Global Management (APO) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.