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