Apollo Global Management (APO) FCF Margin (2021 - 2026)
Apollo Global Management (APO) recorded quarterly FCF Margin of 32.02% in Q1 2026, up 234.13% quarter-over-quarter from 23.87% in Q4 2025, and down 76483.0% on a YoY basis from N/an in Q1 2025.
Apollo Global Management (APO) FCF Margin (2021 - 2026) Analysis & Trends
Apollo Global Management's FCF Margin history runs 6 years deep, the most recent figure standing at 32.02% for Q1 2026.
- In Q1 2026, FCF Margin fell 76483.0% year-over-year to 32.02%; the TTM figure through Mar 2026 stood at 367.18% (up 33737.0% YoY), while the FY2025 annual figure was 275.72%, up 2891.0% from the prior year.
- FCF Margin was 32.02% for Q1 2026 at Apollo Global Management, up from 23.87% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 796.85% in Q1 2025 to a low of 463.23% in Q1 2022.
- Historically, FCF Margin has averaged 41.14% across 5 years, with a median of 20.2% in 2023.
- The sharpest annual moves came in 2025 and 2026: FCF Margin jumped 79586 bps in 2025, then sank 76483 bps in 2026.
- A 5-year view of FCF Margin shows it stood at 30.26% in 2022, then sank by 177 bps to 23.32% in 2023, then soared by 89 bps to 2.58% in 2024, then sank by 825 bps to 23.87% in 2025, then soared by 234 bps to 32.02% in 2026.
- The last three FCF Margin figures came in at 32.02% (Q1 2026), 23.87% (Q4 2025), and 3.08% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | -16.21% |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | 26.47% |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | 39.82% |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | 32.02% |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | -327.00% |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | 8.80% |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | -24.56% |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 24.73% |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | 27.99% |
| 10 | Principal Financial | 23.79 Bn | 20.28 Bn | -463.00 Mn | 13.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.02% |
| Dec 31, 2025 | -23.87% |
| Sep 30, 2025 | 3.08% |
| Jun 30, 2025 | 18.52% |
| Mar 31, 2025 | 796.85% |
| Dec 31, 2024 | -2.58% |
| Sep 30, 2024 | 23.85% |
| Jun 30, 2024 | 22.15% |
| Mar 31, 2024 | 0.99% |
| Dec 31, 2023 | -23.32% |
| 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% |
| Jun 30, 2021 | 95.59% |