What is Apollo Global Management's asset management — deferred tax assets?

Apollo Global Management (APO) reported asset management — deferred tax assets of $629M in Q4 2025.

What does asset management — deferred tax assets mean?

Future tax savings expected from temporary differences in accounting and tax reporting.

Asset Management — Deferred Tax Assets

Apollo Global Management Asset Management — Deferred Tax Assets decreased by 12.0% to $629M in Q4 2025 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment

CategoryLiquidity

SignalHigher is better

VolatilityStable

First reportedQ4 2022

Last reportedQ4 2025Feb 25, 2026

Rolls up toDeferred Tax Assets

How to read this metric

An increase suggests higher future tax deductions, potentially improving future cash flow.

Detailed definition

This represents the future tax benefits arising from temporary differences between the book value of assets and liabilit...

Peer comparison

Standard deferred tax asset reporting across all industries.

Metric ID: apo_segment_asset_management_deferred_tax_assets

Historical Data

4 periods

	Q4 '22	Q4 '23	Q4 '24	Q4 '25
Value	$602M	$718M	$715M	$629M
QoQ Change	—	+19.3%	-0.4%	-12.0%
YoY Change	—	+19.3%	-0.4%	-12.0%

Range$602M – $718M

Avg YoY Growth+2.3%

Median YoY Growth-0.4%

Current Streak2 quarters decline

Similar Metrics at Other Companies

The Carlyle GroupCG View metric

Southern CompanySO View metric

Ares Management CorporationARES View metric

LennarLEN View metric

BlackstoneBX View metric

The Carlyle GroupCG View metric

Frequently Asked Questions

What is Apollo Global Management's asset management — deferred tax assets?: Apollo Global Management (APO) reported asset management — deferred tax assets of $629M in Q4 2025.
What does asset management — deferred tax assets mean?: Future tax savings expected from temporary differences in accounting and tax reporting.