Apollo Global Management (APO) Other Working Capital Changes (2021 - 2026)
Apollo Global Management (APO) posted Other Working Capital Changes of -$1.2 billion for Q2 2026, up 24.5% on a QoQ basis from -$1.6 billion in Q1 2026, and down 885.62% year-over-year from $153.0 million in Q2 2025.
Analysis
Apollo Global Management (APO) Other Working Capital Changes (2021 - 2026) Analysis & Trends
Apollo Global Management has reported Other Working Capital Changes for 6 years, with the latest figure at -$1.2 billion in Q2 2026.
- On a quarterly basis, Other Working Capital Changes fell 885.62% year-over-year to -$1.2 billion in Q2 2026; TTM through Jun 2026 was -$2.4 billion, a 232.14% decrease from a year earlier, with the FY2025 full-year figure at $1.1 billion, down 29.39% from the prior year.
- Other Working Capital Changes was -$1.2 billion for Q2 2026 at Apollo Global Management, up from -$1.6 billion in the prior quarter.
- The five-year high for Other Working Capital Changes was $3.7 billion in Q4 2023, with the low at -$2.2 billion in Q1 2022.
- Average Other Working Capital Changes over 5 years is $73.4 million, with a median of $177.5 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Other Working Capital Changes plunged 952.12% in 2022, then surged 1410.26% in 2025.
- Over 5 years, Other Working Capital Changes stood at $1.8 billion in 2022, then jumped by 101.79% to $3.7 billion in 2023, then sank by 85.43% to $543.0 million in 2024, then soared by 39.96% to $760.0 million in 2025, then plunged by 258.16% to -$1.2 billion in 2026.
- The last three Other Working Capital Changes figures came in at -$1.2 billion (Q2 2026), -$1.6 billion (Q1 2026), and $760.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Blackstone | 103.57 Bn | 101.06 Bn | - |
| 2 | Kkr | 93.46 Bn | -183.61 Bn | - |
| 3 | Apollo Global Management | 77.60 Bn | 52.22 Bn | 10.54 Bn |
| 4 | Brookfield Asset Management | 76.45 Bn | 74.94 Bn | - |
| 5 | Wheaton Precious Metals | 71.34 Bn | 71.24 Bn | 687.86 Mn |
| 6 | Franco Nevada | 51.21 Bn | 49.67 Bn | 451.00 Mn |
| 7 | Brookfield | 37.98 Bn | 7.42 Bn | 19.38 Bn |
| 8 | Ares Management | 30.49 Bn | 30.49 Bn | - |
| 9 | Carlyle | 15.82 Bn | 14.57 Bn | - |
| 10 | Tpg | 8.08 Bn | 7.13 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.20 Bn |
| Jun 30, 2026 | -1.20 Bn |
| Mar 31, 2026 | -1.59 Bn |
| Mar 31, 2026 | -1.59 Bn |
| Dec 31, 2025 | 760.00 Mn |
| Dec 31, 2025 | 760.00 Mn |
| Sep 30, 2025 | -392.00 Mn |
| Sep 30, 2025 | -392.00 Mn |
| Jun 30, 2025 | 153.00 Mn |
| Jun 30, 2025 | 153.00 Mn |
| Mar 31, 2025 | 589.00 Mn |
| Mar 31, 2025 | 589.00 Mn |
| Dec 31, 2024 | 543.00 Mn |
| Dec 31, 2024 | 543.00 Mn |
| Sep 30, 2024 | 551.00 Mn |
| Sep 30, 2024 | 551.00 Mn |
| Jun 30, 2024 | 439.00 Mn |
| Jun 30, 2024 | 439.00 Mn |
| Mar 31, 2024 | 39.00 Mn |
| Mar 31, 2024 | 39.00 Mn |