Apollo Global Management Asset Management — Liabilities decreased by 7.4% to $12.39B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 24.3%, from $9.97B to $12.39B. Over 3 years (FY 2022 to FY 2025), Asset Management — Liabilities shows an upward trend with a 7.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase may signal higher leverage or expansion, while a decrease indicates deleveraging or reduced capital requirements.
Represents the total financial obligations and debt instruments held by the asset management business segment. This incl...
Commonly reported as segment-level debt or total liabilities in financial services firms.
apo_segment_asset_management_liabilities| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $18.54B | $9.12B | $9.13B | $9.28B | $8.74B | $8.28B | $8.75B | $9.87B | $9.24B | $9.97B | $10.20B | $9.72B | $9.97B | $9.55B | $10.17B | $13.37B | $12.39B |
| QoQ Change | — | -50.8% | +0.1% | +1.7% | -5.9% | -5.2% | +5.7% | +12.8% | -6.4% | +8.0% | +2.3% | -4.7% | +2.6% | -4.2% | +6.5% | +31.5% | -7.4% |
| YoY Change | — | — | — | — | -52.9% | -9.2% | -4.1% | +6.3% | +5.7% | +20.5% | +16.6% | -1.5% | +7.9% | -4.3% | -0.3% | +37.6% | +24.3% |