Apollo Global Management (APO) Other Working Capital Changes (2021 - 2026)
Apollo Global Management (APO) recorded quarterly Other Working Capital Changes of -$1.6 billion in Q1 2026, down 309.47% quarter-over-quarter from $760.0 million in Q4 2025, and down 370.29% on a YoY basis from $589.0 million in Q1 2025.
Apollo Global Management (APO) Other Working Capital Changes (2021 - 2026) Analysis & Trends
Apollo Global Management's Other Working Capital Changes history runs 6 years deep, the most recent figure standing at -$1.6 billion for Q1 2026.
- In Q1 2026, Other Working Capital Changes fell 370.29% year-over-year to -$1.6 billion; the TTM figure through Mar 2026 stood at -$1.1 billion (down 150.47% YoY), while the FY2025 annual figure was $1.1 billion, down 29.39% from the prior year.
- Other Working Capital Changes was -$1.6 billion for Q1 2026 at Apollo Global Management, down from $760.0 million in the prior quarter.
- In the past five years, Other Working Capital Changes ranged from a high of $3.7 billion in Q4 2023 to a low of -$2.2 billion in Q1 2022.
- Historically, Other Working Capital Changes has averaged $148.5 million across 5 years, with a median of $202.0 million in 2023.
- The sharpest annual moves came in 2022 and 2025: Other Working Capital Changes sank 952.12% in 2022, then jumped 1410.26% in 2025.
- A 5-year view of Other Working Capital Changes shows it stood at $1.8 billion in 2022, then soared by 101.79% to $3.7 billion in 2023, then slumped by 85.43% to $543.0 million in 2024, then surged by 39.96% to $760.0 million in 2025, then tumbled by 309.47% to -$1.6 billion in 2026.
- The last three Other Working Capital Changes figures came in at -$1.6 billion (Q1 2026), $760.0 million (Q4 2025), and -$392.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | BlackRock | 154.03 Bn | 144.41 Bn | - |
| 2 | Blackstone | 89.67 Bn | 88.62 Bn | - |
| 3 | Kkr | 82.99 Bn | 130.50 Bn | - |
| 4 | Apollo Global Management | 75.96 Bn | 94.69 Bn | 5.04 Bn |
| 5 | State Street | 45.12 Bn | 19.44 Bn | - |
| 6 | Ameriprise Financial | 41.87 Bn | 41.74 Bn | 4.57 Bn |
| 7 | Northern Trust | 31.37 Bn | 31.37 Bn | - |
| 8 | Raymond James Financial | 29.45 Bn | 18.21 Bn | - |
| 9 | Ares Management | 28.36 Bn | 31.73 Bn | - |
| 10 | Price T Rowe | 22.94 Bn | 19.37 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2023 | 3.73 Bn |
| Dec 31, 2023 | 3.73 Bn |