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
DateValue
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