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Apollo Global Management APO Asset Management — Deferred Tax Liabilities, Gross

Other segment segments

Retirement Services
$338M-6.6%

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$972M+5.8%
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PEPDeferred Tax Liabilities, Gross
$4.66B+13.0%

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:DeferredIncomeTaxLiabilities.

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 liabilities, gross?
Apollo Global Management (APO) reported asset management — deferred tax liabilities, gross of $322M in Q4 2025.
How has Apollo Global Management's asset management — deferred tax liabilities, gross changed year-over-year?
Apollo Global Management's asset management — deferred tax liabilities, gross increased by 27.8% year-over-year, from $252M to $322M.
What does asset management — deferred tax liabilities, gross mean?
This represents the total future tax obligations arising from temporary differences between the book value and tax basis of assets and liabilities within the asset management segment. It reflects taxes that will be payable in future periods.