Apollo Global Management (APO) Operating Margin (2021 - 2026)
Apollo Global Management (APO) posted quarterly Operating Margin of 24.88% for Q1 2026, up 2487.0% year-over-year from 0.96% in Q1 2025, and up 1118.52% quarter-over-quarter from 2.44% in Q4 2025.
Apollo Global Management (APO) Operating Margin (2021 - 2026) Analysis & Trends
Apollo Global Management's Operating Margin history runs 6 years deep, the most recent figure standing at 24.88% for Q1 2026.
- In Q1 2026, Operating Margin rose 2487.0% year-over-year to 24.88%; the TTM figure through Mar 2026 stood at 0.6% (up 279480.0% YoY), while the FY2025 annual figure was 0.27%, down 37447.0% from the prior year.
- Operating Margin for Q1 2026 stood at 24.88%, up from 2.44% in the prior quarter.
- The five-year high for Operating Margin was 29.7% in Q1 2024, with the low at 24.81% in Q4 2024.
- The 5-year median for Operating Margin is 0.31% (2022), against an average of 3.64%.
- The sharpest annual moves came in 2022 and 2026: Operating Margin plunged 4929 bps in 2022, then surged 2487 bps in 2026.
- Apollo Global Management's Operating Margin stood at 0.7% in 2022, then slumped by 404 bps to 2.14% in 2023, then plunged by 1062 bps to 24.81% in 2024, then soared by 90 bps to 2.44% in 2025, then jumped by 1119 bps to 24.88% in 2026.
- Business Quant data shows APO's Operating Margin at 24.88% in Q1 2026, 2.44% in Q4 2025, and 0.07% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | 34.74% |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | - |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | 35.61% |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | - |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | - |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | 47.97% |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | - |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | 24.36% |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | - |
| 10 | Raymond James Financial | 33.40 Bn | 20.15 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 47.97% |
| Mar 31, 2026 | 24.88% |
| Dec 31, 2025 | -2.44% |
| Sep 30, 2025 | 0.07% |
| Jun 30, 2025 | 0.29% |
| Mar 31, 2025 | 0.02% |
| Dec 31, 2024 | -24.81% |
| Sep 30, 2024 | 0.28% |
| Mar 31, 2024 | 29.70% |
| Dec 31, 2023 | -2.14% |
| Sep 30, 2023 | 2.62% |
| Jun 30, 2023 | 0.22% |
| Mar 31, 2023 | 25.00% |
| Dec 31, 2022 | 0.70% |
| Sep 30, 2022 | 0.34% |
| Jun 30, 2022 | 1.09% |
| Mar 31, 2022 | 2.44% |
| Dec 31, 2021 | 26.28% |
| Sep 30, 2021 | 49.63% |