Business Segments · Fee Related Compensation
Asset Management — Fee Related Compensation
Apollo Global Management Asset Management — Fee Related Compensation decreased by 0.9% to $333M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 28.6%, from $259M to $333M. Over 4 years (FY 2021 to FY 2025), Asset Management — Fee Related Compensation shows an upward trend with a 15.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2020
Last reportedQ1 2026May 7, 2026
How to read this metric
Lower ratios relative to fee revenue indicate higher operational efficiency and better margins.
Detailed definition
The portion of total compensation and benefits directly attributable to the personnel managing the fee-earning assets. T...
Peer comparison
A key metric for analyzing the operating leverage of asset management firms.
Metric ID:
apo_segment_asset_management_fee_related_compensationHistorical Data
20 periods
| Q2 '21 | Q3 '21 | 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 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $161.6M | $160.7M | $176.3M | $175M | $187M | $194M | $198M | $211M | $212M | $212M | $200M | $220M | $240M | $238M | $227M | $259M | $279M | $304M | $336M | $333M |
| QoQ Change | — | -0.6% | +9.7% | -0.7% | +6.9% | +3.7% | +2.1% | +6.6% | +0.5% | +0.0% | -5.7% | +10.0% | +9.1% | -0.8% | -4.6% | +14.1% | +7.7% | +9.0% | +10.5% | -0.9% |
| YoY Change | — | — | — | — | +15.7% | +20.7% | +12.3% | +20.6% | +13.4% | +9.3% | +1.0% | +4.3% | +13.2% | +12.3% | +13.5% | +17.7% | +16.3% | +27.7% | +48.0% | +28.6% |
Range$160.7M – $336M
CAGR+16.4%
Avg YoY Growth+17.2%
Median YoY Growth+14.6%
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Frequently Asked Questions
- What is Apollo Global Management's asset management — fee related compensation?
- Apollo Global Management (APO) reported asset management — fee related compensation of $333M in Q1 2026.
- How has Apollo Global Management's asset management — fee related compensation changed year-over-year?
- Apollo Global Management's asset management — fee related compensation increased by 28.6% year-over-year, from $259M to $333M.
- What is the long-term trend for Apollo Global Management's asset management — fee related compensation?
- Over 4 years (2021 to 2025), Apollo Global Management's asset management — fee related compensation has grown at a 15.9% compound annual growth rate (CAGR), from $653M to $1.18B.
- What does asset management — fee related compensation mean?
- Compensation costs specifically for the team managing fee-generating assets.