Apollo Global Management (APO) Operating Margin (2024 - 2026)
Apollo Global Management (APO) reported Operating Margin of 16.30% for Q2 2026, up 7.95 percentage points from 8.35% a year earlier and up 21.42 percentage points from the prior quarter.
Apollo Global Management (APO) Operating Margin (2024 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Apollo Global Management's Operating Margin came in at 7.39%, down 5.86 percentage points year-over-year; for FY2025, it came in at 7.26%, down 8.36 percentage points from FY2024.
- By year, Operating Margin came in at 15.62% in FY2024 (+43.56 pp) and -27.94% in FY2023.
- Five-year quarterly Operating Margin spans a low of -10.61% in Q4 2025 and a high of 21.79% in Q3 2025.
- Year over year, Operating Margin gained in two of the last four quarters, with an average year-over-year change of -7.83 percentage points.
- Per Business Quant data, the three quarters before Q2 2026 came in at -5.12% (Q1 2026), -10.61% (Q4 2025) and 21.79% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.43 Bn | 122.56 Bn | - | 34.74% |
| 2 | Spdr Gold Trust | 137.01 Bn | -421.00 Bn | - | - |
| 3 | Blackstone | 88.87 Bn | 78.85 Bn | - | - |
| 4 | Brookfield | 83.81 Bn | -99.51 Bn | - | - |
| 5 | Kkr | 79.77 Bn | -84.33 Mn | - | - |
| 6 | Brookfield Asset Management | 73.46 Bn | 68.26 Bn | - | - |
| 7 | Apollo Global Management | 66.45 Bn | -16.35 Bn | 10.56 Bn | 16.30% |
| 8 | Wheaton Precious Metals | 60.01 Bn | 55.43 Bn | 687.86 Mn | - |
| 9 | Franco Nevada | 46.72 Bn | 44.09 Bn | 451.00 Mn | 76.73% |
| 10 | Ameriprise Financial | 44.53 Bn | 5.95 Bn | 4.72 Bn | 24.36% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.30% |
| Mar 31, 2026 | -5.12% |
| Dec 31, 2025 | -10.61% |
| Sep 30, 2025 | 21.79% |
| Jun 30, 2025 | 8.35% |
| Mar 31, 2025 | 11.99% |
| Dec 31, 2024 | 18.34% |
| Sep 30, 2024 | 14.97% |
Apollo Global Management Operating 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=operating-margin&ticker=APO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=APO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();