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Financials · Asset Management & Custody Banks

Apollo Global Management: revenue, profit and dividends

In fiscal 2025, Apollo Global Management had revenue of $32B, up 40.9% a year on average since 2015, and net income of $3.49B (10.9% of revenue). Its dividend per share has gone up 3 years in a row, to $1.99. It has 243% more shares than in 2015.

Revenue, fiscal 2025

$32B+40.9% a year

average annual revenue growth since 2015 · +22.7% vs 2024

Net income, 2025
$3.49B
10.9% of revenue
Diluted EPS, 2025
$5.54
24.7% a year since 2015
Dividend per share, 2025
$1.99
raised 3 years in a row
Revenue growth, 5 years
68.6% a year
since 2020
Shares, 2025
594M
+242.6% since 2015
Ticker
APO · NYSE
Sector
Financials
Sub-industry
Asset Management & Custody Banks
Headquarters
New York City, New York
Founded
1990
In the S&P 500 since
December 23, 2024
Latest fiscal year
2025, ended December 31, 2025
SEC filer
Apollo Global Management, Inc. · CIK 0001858681

Revenue and net income

Revenue went from $967M in 2009 to $32B in 2025. Net loss in 2009, 2011, 2018, 2022.

RevenueNet income
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from −$1.62 in 2009 to $5.54 in 2025. Ten-year growth: 24.7% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Dividends per share

Raised 3 years in a row, every year from 2023 to 2025. Ten-year growth: 0.2% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

242.6% more shares in 2025 than in 2015 (173M → 594M): new shares outweighed buybacks.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Negative in 2010, 2014, 2020.

Operating cash flowCapital expenditureFree cash flow
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal yearRevenueNet incomeNet marginDiluted EPSDividendSharesOperating cash flowCapexFree cash flow
2025$32B$3.49B10.9%$5.54$1.99594M———
2024$26.1B$4.58B17.5%$7.33$1.81604M———
2023$32.6B$5.05B15.5%$8.28$1.69589M———
2022$11B−$1.96B−17.9%−$3.43$1.60585M———
2021$5.95B$1.84B30.9%$7.32$2.10237M$1.06B$64.7M$999M
2020$2.35B$157M6.7%$0.44$2.31228M−$1.62B$59.6M−$1.68B
2019$2.93B$843M28.8%—$2.02—$1.08B$39.5M$1.04B
2018$1.09B−$10.4M−0.9%−$0.30$1.93200M$814M$14.7M$800M
2017$2.77B$629M22.7%$3.10$1.85193M$860M$8.53M$851M
2016$2.07B$403M19.4%$2.11$1.25184M$600M$6.36M$593M
2015$1.04B$134M12.9%$0.61$1.96173M$583M$6.2M$576M
2014$1.56B$168M10.8%$0.62$3.11155M−$373M$5.95M−$379M
2013$3.73B$659M17.7%$4.03$3.95142M$1.13B$7.58M$1.13B
2012$2.86B$311M10.9%$2.06$1.35130M$332M$11.3M$320M
2011$172M−$469M−273.2%−$4.18$0.83116M$744M$21.3M$723M
2010$2.11B$94.6M4.5%$0.83$0.2197M−$218M$5.6M−$224M
2009$967M−$155M−16.1%−$1.62$0.05—$108M$15.8M$92.1M

Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.

About these figures

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Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.