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Apollo Global Management APO Asset Management — D&A

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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:DeferredTaxAssetsPropertyPlantAndEquipment.

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 — D&A?
Apollo Global Management (APO) reported asset management — D&A of $254M in Q4 2025.
How has Apollo Global Management's asset management — D&A changed year-over-year?
Apollo Global Management's asset management — D&A decreased by 16.2% year-over-year, from $303M to $254M.
What does asset management — D&A mean?
This metric represents the non-cash expense allocated to the cost of tangible and intangible assets over their useful lives within the asset management segment. It reflects the consumption of capital assets used to support business operations. Investors use this to reconcile net income with cash flow from operations.