Apollo Global Management Total Liabilities decreased by 93.1% to $28.14B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 91.9%, from $346.92B to $28.14B. Over 4 years (FY 2021 to FY 2025), Total Liabilities shows an upward trend with a 11.0% CAGR.
A high level of total liabilities relative to equity indicates a more leveraged capital structure and higher financial risk.
The aggregate of all current and non-current debts and obligations owed by the company to external parties. It represent...
Analyzed alongside Total Assets to determine the Debt-to-Asset ratio, which is a standard measure of solvency across all industries.
total_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 | $241.28B | $239.69B | $247.45B | $252.10B | $252.59B | $264.66B | $265.27B | $288.24B | $307.04B | $318.09B | $337.15B | $346.92B | $362.70B | $385.69B | $409.75B | $28.14B |
| QoQ Change | — | >999% | -0.7% | +3.2% | +1.9% | +0.2% | +4.8% | +0.2% | +8.7% | +6.5% | +3.6% | +6.0% | +2.9% | +4.6% | +6.3% | +6.2% | -93.1% |
| YoY Change | — | — | — | — | >999% | +4.7% | +10.4% | +7.2% | +14.3% | +21.6% | +20.2% | +27.1% | +20.4% | +18.1% | +21.3% | +21.5% | -91.9% |
| Segment | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 |
|---|---|---|---|---|---|---|---|---|
| Retirement Services | $297.06B | $307.89B | $327.43B | $336.95B | $353.16B | $375.52B | $396.37B | $406.05B |
| Asset Management | $9.97B | $10.20B | $9.72B | — | $9.55B | $10.17B | $13.37B | — |
| Total | $307.04B | $318.09B | $337.15B | $346.92B | $362.70B | $385.69B | $409.75B | $28.14B |