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Apollo Global Management APO Asset Management — Deferred Tax Assets, Net of Valuation Allowance

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Other financials

Income statement

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Revenue$5.1B-8.8%
Net income-$1.9B-531%
EPS (diluted)-$3.27-581%

Balance sheet

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Cash & equivalents$23.7B+53.1%
Total debt$14.2B+34.4%
Total equity$20.0B+11.0%
Total assets$467.53B+18.3%

Cash flow

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Operating cash flow$1.6B+60.1%

Valuation

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Market cap$69.33B-16.5%
Enterprise value$59.8B-25.5%
P/E60.6×+35.9×
P/S2.2×-1.1×

Profitability

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Net margin3.6%-11.0pp

Returns & leverage

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Return on equity6%-15.9pp
Debt / equity0.7×+0.1×

Where this comes from

Reported directly by Apollo Global Management in its filing.

Tagged under the XBRL concept us-gaap:DeferredTaxAssetsNet.

The official record: Apollo Global Management’s 10-K, filed February 25, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Apollo Global Management's asset management — deferred tax assets, net of valuation allowance?
Apollo Global Management (APO) reported asset management — deferred tax assets, net of valuation allowance of $575M in Q4 2025.
How has Apollo Global Management's asset management — deferred tax assets, net of valuation allowance changed year-over-year?
Apollo Global Management's asset management — deferred tax assets, net of valuation allowance decreased by 16.4% year-over-year, from $688M to $575M.
What does asset management — deferred tax assets, net of valuation allowance mean?
This represents the net value of deferred tax assets after accounting for the valuation allowance, reflecting the amount of tax benefits expected to be realized. It provides a clearer view of the actual tax-related assets available to the asset management segment.