Apollo Global Management (APO) FCF Margin (2021 - 2026)
Apollo Global Management (APO) reported FCF Margin of 25.83% for Q2 2026, up 7.31 percentage points from 18.52% a year earlier but down 6.19 percentage points from the prior quarter.
Apollo Global Management (APO) FCF Margin (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Apollo Global Management's FCF Margin came in at 26.39%, up 10.16 percentage points year-over-year; for FY2025, it was 22.61%, up 10.15 percentage points from FY2024.
- FCF Margin has a five-year change of +91.26 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 12.46% in FY2024 (-6.91 pp), 19.37% in FY2023 (-13.19 pp), 32.56% in FY2022 (+14.68 pp) and 17.88% in FY2021 (+86.53 pp).
- Five-year quarterly FCF Margin spans a low of -463.23% in Q1 2022 and a high of 173.80% in Q2 2022.
- Year over year, FCF Margin has now increased in each of the last three quarters, with an average year-over-year change of +10.06 percentage points over the last eight quarters.
- The high point for year-over-year FCF Margin in five years was Q1 2023 (a gain of 483.43 percentage points); the low point was Q1 2022 (a drop of 453.25 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 32.02% (Q1 2026), 47.33% (Q4 2025) and 3.08% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 166.01 Bn | 112.36 Bn | - | 15.78% |
| 2 | Spdr Gold Trust | 133.03 Bn | -424.98 Bn | - | - |
| 3 | Blackstone | 86.20 Bn | 81.13 Bn | - | 37.86% |
| 4 | Kkr | 83.71 Bn | 50.19 Bn | - | 55.96% |
| 5 | Brookfield | 81.54 Bn | -83.85 Bn | 4.47 Bn | - |
| 6 | Brookfield Asset Management | 71.09 Bn | 67.34 Bn | - | 30.52% |
| 7 | Apollo Global Management | 68.54 Bn | 6.22 Bn | 10.56 Bn | 25.83% |
| 8 | Wheaton Precious Metals | 61.57 Bn | 57.00 Bn | 687.86 Mn | 69.90% |
| 9 | Franco Nevada | 47.40 Bn | 44.76 Bn | 451.00 Mn | 83.08% |
| 10 | Ameriprise Financial | 43.81 Bn | 5.23 Bn | 4.72 Bn | 56.83% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.83% |
| Mar 31, 2026 | 32.02% |
| Dec 31, 2025 | 47.33% |
| Sep 30, 2025 | 3.08% |
| Jun 30, 2025 | 18.52% |
| Mar 31, 2025 | 18.24% |
| Dec 31, 2024 | -0.08% |
| Sep 30, 2024 | 23.85% |
| Jun 30, 2024 | 22.15% |
| Mar 31, 2024 | 0.99% |
| Dec 31, 2023 | 18.69% |
| Sep 30, 2023 | -14.03% |
| Jun 30, 2023 | 25.92% |
| Mar 31, 2023 | 20.20% |
| Dec 31, 2022 | 30.26% |
| Sep 30, 2022 | 78.68% |
| Jun 30, 2022 | 173.80% |
| Mar 31, 2022 | -463.23% |
| Dec 31, 2021 | -89.79% |
| Sep 30, 2021 | 96.85% |
Apollo Global Management FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=APO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "APO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=APO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();