Apollo Global Management (APO) Other Working Capital Changes (2021 - 2026)
Apollo Global Management's Other Working Capital Changes came in at -$1.2 billion for Q2 2026, compared with $153 million a year earlier.
Apollo Global Management (APO) Other Working Capital Changes (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Apollo Global Management reported Other Working Capital Changes of -$2.43 billion; for FY2025, it came in at $1.11 billion, down 29.4% from FY2024.
- Other Working Capital Changes carries a five-year compound annual growth rate of 115.3% (FY2020 to FY2025).
- Going back by year, Other Working Capital Changes was $1.57 billion in FY2024 (-67.4%), $4.82 billion in FY2023, -$3.38 billion in FY2022 and -$3.05 billion in FY2021.
- The five-year range for quarterly Other Working Capital Changes is -$2.19 billion (Q1 2022) to $3.73 billion (Q4 2023).
- Year-over-year, Other Working Capital Changes increased in two of the last four quarters, with growth averaging 15.5%.
- Business Quant data shows APO's Other Working Capital Changes at -$1.59 billion (Q1 2026), $760 million (Q4 2025) and -$392 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 166.01 Bn | 112.36 Bn | - |
| 2 | Spdr Gold Trust | 133.03 Bn | -424.98 Bn | - |
| 3 | Blackstone | 86.20 Bn | 81.13 Bn | - |
| 4 | Kkr | 83.71 Bn | 50.19 Bn | - |
| 5 | Brookfield | 81.54 Bn | -83.85 Bn | 4.47 Bn |
| 6 | Brookfield Asset Management | 71.09 Bn | 67.34 Bn | - |
| 7 | Apollo Global Management | 68.54 Bn | 6.22 Bn | 10.56 Bn |
| 8 | Wheaton Precious Metals | 61.57 Bn | 57.00 Bn | 687.86 Mn |
| 9 | Franco Nevada | 47.40 Bn | 44.76 Bn | 451.00 Mn |
| 10 | Ameriprise Financial | 43.81 Bn | 5.23 Bn | 4.72 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.20 Bn |
| Mar 31, 2026 | -1.59 Bn |
| Dec 31, 2025 | 760.00 Mn |
| Sep 30, 2025 | -392.00 Mn |
| Jun 30, 2025 | 153.00 Mn |
| Mar 31, 2025 | 589.00 Mn |
| Dec 31, 2024 | 543.00 Mn |
| Sep 30, 2024 | 551.00 Mn |
| Jun 30, 2024 | 439.00 Mn |
| Mar 31, 2024 | 39.00 Mn |
| Dec 31, 2023 | 3.73 Bn |
| Sep 30, 2023 | 202.00 Mn |
| Jun 30, 2023 | 34.00 Mn |
| Mar 31, 2023 | 852.00 Mn |
| Dec 31, 2022 | 1.85 Bn |
| Sep 30, 2022 | -1.63 Bn |
| Jun 30, 2022 | -1.41 Bn |
| Mar 31, 2022 | -2.19 Bn |
| Dec 31, 2021 | -422.00 Mn |
| Sep 30, 2021 | -1.47 Bn |
Apollo Global Management Other Working Capital Changes 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=other-working-capital-changes&ticker=APO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-working-capital-changes", "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=other-working-capital-changes&ticker=APO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();