Apollo Global Management (APO) Free Cash Flow (2021 - 2026)
Apollo Global Management's (APO) quarterly Free Cash Flow came in at $1.6 billion in Q1 2026, up 60.08% year-on-year from $1.0 billion in Q1 2025, and down 65.3% quarter-over-quarter from $4.7 billion in Q4 2025.
Apollo Global Management (APO) Free Cash Flow (2021 - 2026) Analysis & Trends
Apollo Global Management's Free Cash Flow history runs 6 years deep, the most recent figure standing at $1.6 billion for Q1 2026.
- On a quarterly basis, Free Cash Flow rose 60.08% year-over-year to $1.6 billion in Q1 2026; TTM through Mar 2026 was $7.9 billion, a 87.22% increase from a year earlier, with the FY2025 full-year figure at $7.2 billion, up 122.75% from the prior year.
- Free Cash Flow fell to $1.6 billion in Q1 2026 per APO's latest filing, from $4.7 billion in the prior quarter.
- Across five years, Free Cash Flow topped out at $4.7 billion in Q4 2025 and bottomed at -$4.0 billion in Q1 2022.
- The 5-year median for Free Cash Flow is $1.3 billion (2024), against an average of $1.3 billion.
- Across the five-year window, Free Cash Flow tumbled 1643.67% in 2022 and soared 116825.0% in 2025, its largest moves.
- Year by year, Free Cash Flow stood at $1.5 billion in 2022, then surged by 40.89% to $2.1 billion in 2023, then tumbled by 100.19% to -$4.0 million in 2024, then surged by 116825.0% to $4.7 billion in 2025, then tumbled by 65.3% to $1.6 billion in 2026.
- Per Business Quant, the three latest APO Free Cash Flow figures stand at $1.6 billion (Q1 2026), $4.7 billion (Q4 2025), and $303.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | -1.09 Bn |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | 957.64 Mn |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | 1.62 Bn |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | -12.41 Bn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | 430.00 Mn |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | -329.40 Mn |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 1.05 Bn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | 762.30 Mn |
| 10 | Principal Financial | 23.31 Bn | -27.00 Bn | -463.00 Mn | 153.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.62 Bn |
| Mar 31, 2026 | 1.62 Bn |
| Dec 31, 2025 | 4.67 Bn |
| Dec 31, 2025 | 4.67 Bn |
| Sep 30, 2025 | 303.00 Mn |
| Sep 30, 2025 | 303.00 Mn |
| Jun 30, 2025 | 1.26 Bn |
| Jun 30, 2025 | 1.26 Bn |
| Mar 31, 2025 | 1.01 Bn |
| Mar 31, 2025 | 1.01 Bn |
| Dec 31, 2024 | -4.00 Mn |
| Dec 31, 2024 | -4.00 Mn |
| Sep 30, 2024 | 1.85 Bn |
| Sep 30, 2024 | 1.85 Bn |
| Jun 30, 2024 | 1.33 Bn |
| Jun 30, 2024 | 1.33 Bn |
| Mar 31, 2024 | 70.00 Mn |
| Mar 31, 2024 | 70.00 Mn |
| Dec 31, 2023 | 2.06 Bn |
| Dec 31, 2023 | 2.06 Bn |