APO vs TFPM vs WPM Stock Comparison

Apollo Global Management, Triple Flag Precious Metals and Wheaton Precious Metals Prices as of Oct 27, 2026 Peers: Industry group
WPM Wheaton Precious Metals Corp.
$125.95 -11.9% 1M +33.4% 1Y
Market cap
$57.19B
P/E
28.0x
Revenue (TTM)
-$35.66M
Div. yield
0.61%
Alternative Asset Managers Financial Services
4 wins

Head to Head

12 decided of 12

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

QuestionAPOTFPMWPMLeader
Larger companyMarket capitalisation $65.82B $6.13B $57.19B APO
Cheaper on earningsLower P/E, profitable companies only 38.0x 22.1x 28.0x TFPM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.7x 21.6x 29.6x APO
Faster revenue growthRevenue growth, trailing twelve months +41.2% +50.7% -6.5% TFPM
More profitableNet margin, trailing twelve months 5.0% 55.9% — TFPM
Better return on capitalReturn on invested capital 5.8% — 18.7% WPM
Less leveragedLower net debt / EBITDA -1.8x 0.4x 0.7x APO
Higher dividend yieldTrailing dividend yield 1.87% 0.81% 0.61% APO
Better 1-year returnPrice return, last 12 months -9.6% +6.8% +33.4% WPM
Better 5-year returnAnnualised price return, 5 years +7.9%/yr — +25.1%/yr WPM
Less volatileAnnualised volatility, 1 year 36.0% 44.1% 50.7% APO
Higher overall scoreMean of the five percentile scores vs peers 74/100 73/100 77/100 WPM

Percentile Scorecard

APOTFPMWPM

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

AxisAPOTFPMWPM
Valuation 87 #24 of 181 52 #87 of 181 73 #49 of 181
Growth 70 #34 of 111 89 #13 of 111 92 #10 of 111
Profitability 62 #50 of 129 90 #14 of 129 97 #5 of 129
Financial Health 79 #36 of 164 90 #17 of 164 78 #37 of 164
Shareholder Returns 73 #21 of 75 46 #41 of 75 45 #42 of 75
Overall 74 73 77
  • APO ranked among 209 companies in Asset and Wealth Management
  • TFPM ranked among 209 companies in Asset and Wealth Management
  • WPM 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

PeriodAPOTFPMWPMSPY
1 month -6.1%-7.8%-11.9% -0.2%
3 months -8.4%+3.9%+14.9% +3.9%
6 months -7.5%-8.0%-2.7% +8.2%
Year to date -21.1%-10.7%+7.2% +12.9%
1 year -9.6%+6.8%+33.4% +12.3%
3 years +42.2%+128.5%+189.3% +87.4%
3 years, per year +12.5%+31.7%+42.5% +23.3%
5 years +45.9%—+206.7% +67.9%
5 years, per year +7.9%—+25.1% +10.9%
10 years +526.1%—+437.8% +261.1%
10 years, per year +20.1%—+18.3% +13.7%

Risk

MeasureAPOTFPMWPMSPY
Volatility, 1Y 36.0%44.1%50.7% 12.7%
Downside volatility, 1Y 37.4%48.3%54.1% 12.7%
Beta vs S&P 500, 1Y 1.141.591.94 1.00
Return / volatility, 1Y -0.270.160.66 0.97
Max drawdown, 5Y -43.8%-35.1%-43.8% -25.4%
From 52-week high -25.2%-28.3%-24.0% -1.2%
52-week high $152.70$41.36$165.72 $779.14
52-week low $100.30$26.85$94.37 $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.

MultipleAPOTFPMWPM
P/E now vs peer median 38.0xmedian 34.2x 22.1xmedian 34.2x 28.0xmedian 34.2x
P/S now vs peer median 1.8xmedian 4.9x 12.5xmedian 4.9x -1,604xmedian 4.9x
EV/EBITDA now vs peer median 7.4xmedian 11.7x 16.6xmedian 11.7x 22.5xmedian 11.7x
P/FCF now vs peer median 6.9xmedian 13.2x -20.3xmedian 13.2x 22.5xmedian 13.2x
P/B now vs peer median 1.6xmedian 1.8x 2.7xmedian 1.8x 5.9xmedian 1.8x
PEG now vs peer median 1,869median 0.91 0.43median 0.91 0.48median 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 monthsAPOTFPMWPM
Revenue $35.90B $488.58M -$35.66M
Gross profit $31.30B $344.78M $2.40B
Operating income $5.48B $304.60M $2.28B
Net income $3.80B $411.98M $2.05B
Free cash flow $9.47B -$302.33M $2.54B
R&D – $4.88M –
EPS (diluted) $2.91 $1.34 $4.48
Cash & equivalents $26.82B $15.20M $100.19M
Total debt $13.73B $248.00M $1.99B
Shares (diluted) 610.22M 204.07M 454.69M
Enterprise value $3.50B $5.71B $52.61B

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
MetricAPOTFPMWPM
P/E 38.0x 22.1x 28.0x
P/FCF 6.9x -20.3x 22.5x
P/Operating cash flow 6.9x 15.5x 22.5x
P/S 1.8x 12.5x -1,604x
P/B 1.6x 2.7x 5.9x
P/Tangible book 1.6x 2.7x 5.9x
EV/EBITDA 7.4x 16.6x 22.5x
EV/EBIT 9.6x 20.6x 25.9x
EV/Revenue 1.5x 12.9x -1,657x
EV/FCF 5.6x -20.8x 23.2x
EV/Operating cash flow 5.6x 15.9x 23.2x
PEG (3Y EPS CAGR) 1,869 0.43 0.48

Growth

14 metrics
MetricAPOTFPMWPM
Revenue growth (1Y) 41.2% 50.7% -6.5%
Revenue CAGR (3Y) 10.2% – -17.4%
Gross profit growth (1Y) 36.5% 76.5% 114.5%
Gross profit CAGR (3Y) – – 69.4%
Operating income growth (1Y) 38.0% 78.1% 149.2%
Operating income CAGR (3Y) – 63.0% 73.5%
Net income growth (1Y) -27.0% 139.3% 159.9%
Net income CAGR (3Y) 15.9% 89.2% 49.4%
EPS growth (1Y) -47.4% 840.2% 158.1%
EPS CAGR (3Y) 0.0% 51.5% 58.1%
Operating cash flow growth (1Y) 129.7% 48.0% 88.5%
Operating cash flow CAGR (3Y) 4.0% 43.8% 56.5%
Free cash flow growth (1Y) 129.7% -213.8% 88.5%
Free cash flow CAGR (3Y) 4.0% -52.7% 56.5%

Profitability

14 metrics
MetricAPOTFPMWPM
Gross margin 87.2% 70.6% –
EBITDA margin 19.7% 77.7% –
Operating margin 15.3% 62.3% –
Pretax margin 20.7% 91.5% –
Net margin 5.0% 55.9% –
FCF margin 26.4% -61.9% –
Operating cash flow margin 26.4% 80.9% -7,135%
Return on equity 10.6% 18.6% 21.5%
Return on assets 0.9% 17.2% 18.5%
Return on invested capital 5.8% – 18.7%
Return on capital employed – 12.9% 21.2%
Asset turnover 0.1x 0.2x 0.0x
Cash conversion (OCF / net income) 2.5x 1.0x 1.2x
Stock comp / revenue 2.7% 1.5% -67.5%

Financial Health

11 metrics
MetricAPOTFPMWPM
Debt / assets 2.8% 9.1% 16.3%
Debt / equity 0.3x 0.1x 0.2x
Net debt / EBITDA -1.8x 0.4x 0.7x
Debt / FCF 1.4x -0.8x 0.8x
Liabilities / assets 91.6% 11.3% 20.3%
Equity / assets 8.4% 88.7% 79.7%
Interest coverage 18.2x 83.2x 61.9x
Current ratio – 3.7x 0.5x
Quick ratio – 3.0x 0.5x
Cash ratio – 2.2x 0.4x
Altman Z-score – 13.52 15.15

Shareholder Returns

7 metrics
MetricAPOTFPMWPM
Dividend yield 1.9% 0.8% 0.6%
Net buyback yield 2.0% 0.3% 0.0%
Shareholder yield 3.9% 1.1% 0.6%
Payout ratio (earnings) 33.4% 10.6% 23.5%
Payout ratio (FCF) 13.4% -14.4% 19.0%
Dividend growth (1Y) 11.7% 11.3% 11.7%
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.

ConsensusAPOTFPMWPM
Forward P/E 12.7xFY2026 21.6xFY2026 29.6xFY2026
EPS, next fiscal year $9.02FY2026 $1.37FY2026 $4.25FY2026
EPS growth, next FY +7.6%FY2026 +35.6%FY2026 +40.7%FY2026
EPS growth, the year after +23.9% -0.7% +22.8%
Revenue, next fiscal year $24.45BFY2026 $490.34MFY2026 $3.35BFY2026
Revenue growth, next FY -23.7%FY2026 +26.1%FY2026 +45.2%FY2026
Revenue growth, the year after +4.4% +12.6% +24.2%
APO estimates →TFPM estimates →WPM estimates →

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPOTFPMWPM
Held by institutions 64.5% 86.4% 63.9%
Institutions holding 1,166 224 846
Change in shares held, QoQ -1.0% +0.3% +2.8%
Institutions buying 642 129 419
Institutions selling 371 53 266
Buyers to sellers 1.73 2.43 1.58
APO holders →TFPM holders →WPM holders →

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.

APOTFPMWPM
APO 1.00 0.03 0.11
TFPM 0.03 1.00 0.90
WPM 0.11 0.90 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, APO, TFPM and WPM?

Apollo Global Management (APO) is the largest by market capitalisation: Apollo Global Management (APO) $65.82B, Triple Flag Precious Metals (TFPM) $6.13B, Wheaton Precious Metals (WPM) $57.19B.

Which stock is cheaper, APO, TFPM and WPM?

Triple Flag Precious Metals (TFPM) trades on the lowest price-to-earnings ratio (Apollo Global Management (APO) 38.0x, Triple Flag Precious Metals (TFPM) 22.1x, Wheaton Precious Metals (WPM) 28.0x). 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, Wheaton Precious Metals (WPM) 29.6x). 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%, Wheaton Precious Metals (WPM) -6.5%.

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%). On return on invested capital, Wheaton Precious Metals (WPM) leads (Apollo Global Management (APO) 5.8%, Wheaton Precious Metals (WPM) 18.7%).

Which stock has performed better?

Over the past year Wheaton Precious Metals (WPM) returned the most: Apollo Global Management (APO) -9.6%, Triple Flag Precious Metals (TFPM) +6.8%, Wheaton Precious Metals (WPM) +33.4%. Over five years, Wheaton Precious Metals (WPM) compounded fastest (Apollo Global Management (APO) +7.9%/yr, Wheaton Precious Metals (WPM) +25.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Apollo Global Management (APO) has the highest dividend yield: Apollo Global Management (APO) 1.87%, Triple Flag Precious Metals (TFPM) 0.81%, Wheaton Precious Metals (WPM) 0.61%.

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%, Wheaton Precious Metals (WPM) 50.7%). Volatility measures how widely the price swings, not the risk of the business.

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

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.