Apollo Global Management (APO) Return on Invested Capital [ROIC] (2022 - 2026)
Apollo Global Management (APO) recorded Return on Invested Capital [ROIC] of 1.14% in Q3 2026, down 10.58 percentage points from 11.73% a year earlier and down 8.99 percentage points from the prior quarter.
Apollo Global Management (APO) Return on Invested Capital [ROIC] (2022 - 2026) Analysis & Trends
For FY2025, Apollo Global Management reported Return on Invested Capital [ROIC] of 13.38%, up 2.91 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a three-year change of +38.00 percentage points (FY2022 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 10.47% in FY2024 (+56.48 pp), -46.01% in FY2023 (-21.39 pp) and -24.62% in FY2022.
- The Q3 2026 figure is the lowest quarterly Return on Invested Capital [ROIC] since Q1 2024.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for four consecutive quarters, with an average year-over-year change of +11.71 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 89.67 percentage points in Q3 2023, against a drop of 58.17 percentage points in Q1 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.13% (Q2 2026), 6.97% (Q1 2026) and 11.08% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 189.07 Bn | 145.60 Bn | - | 9.65% |
| 2 | Spdr Gold Trust | 125.11 Bn | -432.90 Bn | - | - |
| 3 | Brookfield | 101.47 Bn | -96.66 Bn | - | - |
| 4 | Blackstone | 91.35 Bn | 85.56 Bn | - | 21.77% |
| 5 | Kkr | 87.89 Bn | 54.59 Bn | 1.76 Bn | -4.58% |
| 6 | Brookfield Asset Management | 82.34 Bn | 77.22 Bn | - | 39.58% |
| 7 | Apollo Global Management | 72.94 Bn | 89.74 Bn | 4.14 Bn | 1.14% |
| 8 | Wheaton Precious Metals | 59.70 Bn | 59.70 Bn | 538.50 Mn | 22.20% |
| 9 | Ares Management | 48.49 Bn | 47.07 Bn | 376.28 Mn | -19.43% |
| 10 | Franco Nevada | 47.61 Bn | 43.98 Bn | 427.60 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.14% |
| Jun 30, 2026 | 10.13% |
| Mar 31, 2026 | 6.97% |
| Dec 31, 2025 | 11.08% |
| Sep 30, 2025 | 11.73% |
| Jun 30, 2025 | 10.62% |
| Mar 31, 2025 | 11.39% |
| Dec 31, 2024 | 12.15% |
| Sep 30, 2024 | 6.73% |
| Jun 30, 2024 | 4.85% |
| Mar 31, 2024 | -33.40% |
| Dec 31, 2023 | -42.50% |
| Sep 30, 2023 | -32.20% |
| Jun 30, 2023 | -55.73% |
| Mar 31, 2023 | -77.22% |
| Dec 31, 2022 | -115.81% |
| Sep 30, 2022 | -121.87% |
| Jun 30, 2022 | -55.08% |
| Mar 31, 2022 | -19.05% |
Apollo Global Management Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=APO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=APO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();