Apollo Global Management (APO) Tax Rate (2021 - 2026)
Apollo Global Management (APO) recorded Tax Rate of 15.94% in Q2 2026, up 15.58 percentage points from 0.36% a year earlier but down 582.65 percentage points from the prior quarter.
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Analysis
Apollo Global Management (APO) Tax Rate (2021 - 2026) Analysis & Trends
On a TTM basis, Apollo Global Management's Tax Rate came in at 42.05% as of Jun 30, 2026, up 31.34 percentage points year-over-year; for FY2025, it was 19.11%, up 4.83 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +3.56 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 14.28% in FY2024 (+30.81 pp), -16.52% in FY2023 (-33.93 pp), 17.40% in FY2022 (+5.18 pp) and 12.22% in FY2021 (-3.33 pp).
- Quarterly Tax Rate has ranged from -82.61% in Q4 2023 to 598.59% in Q1 2026 over the past five years.
- On a year-over-year basis, Tax Rate has increased for three consecutive quarters, with an average year-over-year change of +85.13 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 578.01 percentage points in Q1 2026, against a drop of 100.74 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 598.59% (Q1 2026), 33.79% (Q4 2025) and 15.11% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 165.57 Bn | 111.92 Bn | - | 24.90% |
| 2 | Spdr Gold Trust | 134.78 Bn | -423.22 Bn | - | - |
| 3 | Blackstone | 85.82 Bn | 80.74 Bn | - | 16.11% |
| 4 | Kkr | 83.68 Bn | 50.16 Bn | - | 17.91% |
| 5 | Brookfield | 82.01 Bn | -83.38 Bn | 4.47 Bn | - |
| 6 | Brookfield Asset Management | 71.83 Bn | 68.08 Bn | - | 12.14% |
| 7 | Apollo Global Management | 68.53 Bn | 6.22 Bn | 10.56 Bn | 15.94% |
| 8 | Wheaton Precious Metals | 61.44 Bn | 56.87 Bn | 687.86 Mn | 15.06% |
| 9 | Franco Nevada | 47.81 Bn | 45.18 Bn | 451.00 Mn | 23.17% |
| 10 | Ameriprise Financial | 43.92 Bn | 5.34 Bn | 4.72 Bn | 22.82% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.94% |
| Mar 31, 2026 | 598.59% |
| Dec 31, 2025 | 33.79% |
| Sep 30, 2025 | 15.11% |
| Jun 30, 2025 | 0.36% |
| Mar 31, 2025 | 20.58% |
| Dec 31, 2024 | 3.60% |
| Sep 30, 2024 | 15.20% |
| Jun 30, 2024 | 18.15% |
| Mar 31, 2024 | 19.30% |
| Sep 30, 2023 | 27.52% |
| Jun 30, 2023 | 21.14% |
| Mar 31, 2023 | 14.13% |
| Dec 31, 2022 | 18.13% |
| Dec 31, 2021 | 13.56% |
| Sep 30, 2021 | 13.80% |
| Jun 30, 2021 | 11.42% |
| Mar 31, 2021 | 11.79% |
API Access
Apollo Global Management Tax Rate 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=tax-rate&ticker=APO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=APO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();