Apollo Global Management (APO) Invested Capital (2021 - 2026)

Apollo Global Management (APO) recorded quarterly Invested Capital of $53.8 billion in Q1 2026, down 3.8% quarter-over-quarter from $55.9 billion in Q4 2025, and up 25.23% on a YoY basis from $42.9 billion in Q1 2025.

Apollo Global Management (APO) Invested Capital (2021 - 2026) Analysis & Trends

Apollo Global Management's Invested Capital history runs 6 years deep, the most recent figure standing at $53.8 billion for Q1 2026.

  • In Q1 2026, Invested Capital rose 25.23% year-over-year to $53.8 billion; the TTM figure through Mar 2026 stood at $53.8 billion (up 25.23% YoY), while the FY2025 annual figure was $55.9 billion, up 34.48% from the prior year.
  • Invested Capital was $53.8 billion for Q1 2026 at Apollo Global Management, down from $55.9 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $55.9 billion in Q4 2025 to a low of $16.4 billion in Q3 2022.
  • Historically, Invested Capital has averaged $33.5 billion across 5 years, with a median of $33.3 billion in 2023.
  • The sharpest annual moves came in 2022 and 2025: Invested Capital surged 275.98% in 2022, then tumbled 44.02% in 2025.
  • A 5-year view of Invested Capital shows it stood at $20.8 billion in 2022, then soared by 59.92% to $33.3 billion in 2023, then rose by 24.69% to $41.6 billion in 2024, then surged by 34.48% to $55.9 billion in 2025, then retreated by 3.8% to $53.8 billion in 2026.
  • The last three Invested Capital figures came in at $53.8 billion (Q1 2026), $55.9 billion (Q4 2025), and $23.1 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 69.22 Bn
2 Blackstone 96.85 Bn 95.80 Bn - 8.37 Bn
3 Kkr 86.45 Bn 133.96 Bn - 30.50 Bn
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn 53.75 Bn
5 State Street 46.95 Bn 21.27 Bn - -
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 8.75 Bn
7 Northern Trust 31.92 Bn 31.92 Bn - 12.99 Bn
8 Raymond James Financial 30.62 Bn 19.37 Bn - 12.57 Bn
9 Ares Management 29.04 Bn 32.41 Bn - 12.75 Bn
10 Principal Financial 23.79 Bn 20.28 Bn -463.00 Mn 15.78 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 53.75 Bn
Dec 31, 2025 55.88 Bn
Sep 30, 2025 23.14 Bn
Jun 30, 2025 46.01 Bn
Mar 31, 2025 42.93 Bn
Dec 31, 2024 41.55 Bn
Sep 30, 2024 41.33 Bn
Jun 30, 2024 38.22 Bn
Mar 31, 2024 36.60 Bn
Dec 31, 2023 33.33 Bn
Sep 30, 2023 24.70 Bn
Jun 30, 2023 23.50 Bn
Mar 31, 2023 23.16 Bn
Dec 31, 2022 20.84 Bn
Sep 30, 2022 16.45 Bn
Jun 30, 2022 19.62 Bn
Mar 31, 2022 28.19 Bn
Dec 31, 2021 13.33 Bn
Jun 30, 2021 8.21 Bn
Mar 31, 2021 7.50 Bn