Apollo Global Management (APO) Net Margin (2021 - 2026)
Apollo Global Management (APO) recorded Net Margin of 11.98% in Q2 2026, up 3.10 percentage points from 8.88% a year earlier and up 50.13 percentage points from the prior quarter.
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Analysis
Apollo Global Management (APO) Net Margin (2021 - 2026) Analysis & Trends
On a TTM basis, Apollo Global Management's Net Margin came in at 4.95% as of Jun 30, 2026, down 7.92 percentage points year-over-year; for FY2025, it was 10.59%, down 6.56 percentage points from FY2024.
- Annual Net Margin has a five-year change of +5.50 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 17.16% in FY2024 (+1.84 pp), 15.32% in FY2023 (+32.17 pp), -16.85% in FY2022 (-47.13 pp) and 30.28% in FY2021 (+25.18 pp).
- Quarterly Net Margin has ranged from -71.61% in Q2 2022 to 27.67% in Q4 2024 over the past five years.
- On a year-over-year basis, Net Margin rose in three of the last eight quarters, with an average year-over-year change of -10.74 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 75.98 percentage points in Q2 2023, against a drop of 118.54 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -38.15% (Q1 2026), 6.69% (Q4 2025) and 17.43% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 165.57 Bn | 111.92 Bn | - | 27.02% |
| 2 | Spdr Gold Trust | 134.78 Bn | -423.22 Bn | - | - |
| 3 | Blackstone | 85.82 Bn | 80.74 Bn | - | 24.37% |
| 4 | Kkr | 83.68 Bn | 50.16 Bn | - | 11.53% |
| 5 | Brookfield | 82.01 Bn | -83.38 Bn | 4.47 Bn | 0.00% |
| 6 | Brookfield Asset Management | 71.83 Bn | 68.08 Bn | - | 51.57% |
| 7 | Apollo Global Management | 68.53 Bn | 6.22 Bn | 10.56 Bn | 11.98% |
| 8 | Wheaton Precious Metals | 61.44 Bn | 56.87 Bn | 687.86 Mn | 58.46% |
| 9 | Franco Nevada | 47.81 Bn | 45.18 Bn | 451.00 Mn | 60.94% |
| 10 | Ameriprise Financial | 43.92 Bn | 5.34 Bn | 4.72 Bn | 22.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.98% |
| Mar 31, 2026 | -38.15% |
| Dec 31, 2025 | 6.69% |
| Sep 30, 2025 | 17.43% |
| Jun 30, 2025 | 8.88% |
| Mar 31, 2025 | 7.53% |
| Dec 31, 2024 | 27.67% |
| Sep 30, 2024 | 10.12% |
| Jun 30, 2024 | 13.76% |
| Mar 31, 2024 | 19.93% |
| Dec 31, 2023 | 24.73% |
| 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% |
API Access
Apollo Global Management Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=APO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "APO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=APO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();