Apollo Global Management (APO) Net Margin (2021 - 2026)

Apollo Global Management (APO) recorded quarterly Net Margin of 38.15% in Q1 2026, down 1030.45% quarter-over-quarter from 3.37% in Q4 2025, and down 36728.0% on a YoY basis from N/an in Q1 2025.

Apollo Global Management (APO) Net Margin (2021 - 2026) Analysis & Trends

Apollo Global Management's Net Margin history runs 6 years deep, the most recent figure standing at 38.15% for Q1 2026.

  • In Q1 2026, Net Margin fell 36728.0% year-over-year to 38.15%; the TTM figure through Mar 2026 stood at 48.95% (up 2411.0% YoY), while the FY2025 annual figure was 129.19%, down 21072.0% from the prior year.
  • Net Margin was 38.15% for Q1 2026 at Apollo Global Management, down from 3.37% in the prior quarter.
  • In the past five years, Net Margin ranged from a high of 943.23% in Q4 2024 to a low of 71.61% in Q2 2022.
  • Historically, Net Margin has averaged 70.3% across 5 years, with a median of 10.12% in 2024.
  • The sharpest annual moves came in 2024 and 2025: Net Margin jumped 97410 bps in 2024, then sank 94660 bps in 2025.
  • A 5-year view of Net Margin shows it stood at 13.22% in 2022, then slumped by 334 bps to 30.87% in 2023, then jumped by 3155 bps to 943.23% in 2024, then plunged by 100 bps to 3.37% in 2025, then sank by 1030 bps to 38.15% in 2026.
  • The last three Net Margin figures came in at 38.15% (Q1 2026), 3.37% (Q4 2025), and 17.43% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 34.73%
2 Blackstone 96.85 Bn 95.80 Bn - 34.77%
3 Kkr 86.45 Bn 133.96 Bn - 8.45%
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn -38.15%
5 State Street 46.95 Bn 21.27 Bn - 18.57%
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn 18.73%
7 Northern Trust 31.92 Bn 31.92 Bn - 37.97%
8 Raymond James Financial 30.62 Bn 19.37 Bn - 12.72%
9 Ares Management 29.04 Bn 32.41 Bn - 8.40%
10 Principal Financial 23.79 Bn 20.28 Bn -463.00 Mn 35.96%

Historic Data

Download Data
DateValue
Mar 31, 2026 -38.15%
Dec 31, 2025 -3.37%
Sep 30, 2025 17.43%
Jun 30, 2025 8.88%
Mar 31, 2025 329.13%
Dec 31, 2024 943.23%
Sep 30, 2024 10.12%
Jun 30, 2024 13.76%
Mar 31, 2024 19.93%
Dec 31, 2023 -30.87%
Sep 30, 2023 25.43%
Jun 30, 2023 4.37%
Mar 31, 2023 19.05%
Dec 31, 2022 13.22%
Sep 30, 2022 -18.90%
Jun 30, 2022 -71.61%
Mar 31, 2022 -46.52%
Dec 31, 2021 19.58%
Sep 30, 2021 23.10%
Jun 30, 2021 46.93%