Apollo Global Management (APO) Free Cash Flow (2021 - 2026)
Apollo Global Management (APO) recorded Free Cash Flow of $2.88 billion in Q2 2026, up 128.3% from $1.26 billion a year earlier and up 77.8% from the prior quarter.
Apollo Global Management (APO) Free Cash Flow (2021 - 2026) Analysis & Trends
On a TTM basis, Apollo Global Management's Free Cash Flow came in at $9.47 billion as of Jun 30, 2026, up 129.7% year-over-year; for FY2025, it came in at $7.25 billion, up 122.7% from FY2024.
- Across earlier years, Free Cash Flow came in at $3.25 billion in FY2024 (-48.5%), $6.32 billion in FY2023 (+66.9%), $3.79 billion in FY2022 (+256.1%) and $1.06 billion in FY2021.
- Quarterly Free Cash Flow has ranged from -$3.99 billion in Q1 2022 to $4.67 billion in Q4 2025 over the past five years.
- On a year-over-year basis, Free Cash Flow rose in two of the last four quarters, with growth averaging 24.8%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 200.5% in Q2 2022, against a decline of 93.5% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.62 billion (Q1 2026), $4.67 billion (Q4 2025) and $303 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - | 1.12 Bn |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - | - |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - | 1.91 Bn |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn | - |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - | 3.20 Bn |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - | 535.00 Mn |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn | 2.88 Bn |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn | 649.52 Mn |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn | 482.60 Mn |
| 10 | Ameriprise Financial | 43.48 Bn | 4.90 Bn | 4.72 Bn | 2.85 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.88 Bn |
| Mar 31, 2026 | 1.62 Bn |
| Dec 31, 2025 | 4.67 Bn |
| Sep 30, 2025 | 303.00 Mn |
| Jun 30, 2025 | 1.26 Bn |
| Mar 31, 2025 | 1.01 Bn |
| Dec 31, 2024 | -4.00 Mn |
| Sep 30, 2024 | 1.85 Bn |
| Jun 30, 2024 | 1.33 Bn |
| Mar 31, 2024 | 70.00 Mn |
| Dec 31, 2023 | 2.06 Bn |
| Sep 30, 2023 | -364.00 Mn |
| Jun 30, 2023 | 3.55 Bn |
| Mar 31, 2023 | 1.07 Bn |
| Dec 31, 2022 | 1.47 Bn |
| Sep 30, 2022 | 2.34 Bn |
| Jun 30, 2022 | 3.97 Bn |
| Mar 31, 2022 | -3.99 Bn |
| Dec 31, 2021 | -1.07 Bn |
| Sep 30, 2021 | 1.04 Bn |
Apollo Global Management Free Cash Flow 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=free-cash-flow&ticker=APO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=APO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();