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| Date | Value |
|---|---|
| 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 |